To save the most money, the best way to find discount Toyota Rav4 insurance is to do an annual price comparison from companies who provide car insurance in Toledo. You can compare rates by following these guidelines.
- Try to understand how insurance works and the things you can change to keep rates in check. Many policy risk factors that are responsible for high rates like speeding tickets, careless driving and a less-than-favorable credit rating can be remedied by improving your driving habits or financial responsibility. This article provides additional tips to prevent high rates and find hidden discounts.
- Obtain price quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can provide rates from one company like GEICO or Farmers Insurance, while independent agencies can provide price quotes for a wide range of insurance providers.
- Compare the new quotes to your existing policy to see if a cheaper price is available in Toledo. If you find a lower rate quote and make a switch, make sure coverage is continuous and does not lapse.
A good tip to remember is that you’ll want to make sure you compare identical coverages on each quote request and and to get price quotes from as many companies as feasibly possible. This enables an apples-to-apples comparison and the best price selection.
It’s an obvious statement that car insurance companies don’t want you to look for a cheaper policy. Insureds who shop around will, in all likelihood, move their business because there is a good chance of finding lower prices. A recent survey revealed that drivers who shopped around saved over $72 a month compared to other drivers who never shopped for cheaper rates.
If finding discount rates on auto insurance is your ultimate goal, then having some knowledge of how to get rate quotes and compare coverages can make the process more efficient.
If you have insurance now or are just looking to switch companies, use these techniques to get lower rates without reducing protection. We hope to help you learn how to effectively get price quotes and some tricks to saving. Drivers just have to use the most effective way to compare prices online from multiple companies.
Companies offering Toyota Rav4 insurance in Toledo
The companies shown below have been selected to offer price quotes in Ohio. To find the cheapest car insurance in Toledo, we suggest you visit several of them to get the best price comparison.
Premium rates and analysis
The premium information displayed below highlights estimates of prices for Toyota Rav4 models. Being able to understand how insurance policy premiums are calculated can assist in making smart choices when comparing insurance rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| RAV4 2WD | $170 | $290 | $232 | $14 | $70 | $776 | $65 |
| RAV4 Sport 2WD | $170 | $290 | $232 | $14 | $70 | $776 | $65 |
| RAV4 4WD | $170 | $290 | $232 | $14 | $70 | $776 | $65 |
| RAV4 Limited 2WD | $170 | $290 | $232 | $14 | $70 | $776 | $65 |
| RAV4 Limited 4WD | $170 | $290 | $232 | $14 | $70 | $776 | $65 |
| RAV4 Limited 4WD | $170 | $290 | $232 | $14 | $70 | $776 | $65 |
| RAV4 Sport 4WD | $170 | $290 | $232 | $14 | $70 | $776 | $65 |
| Get Your Own Custom Quote Go | |||||||
Data based on married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Ohio minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Information does not factor in garaging location in Toledo which can modify rates greatly.
Rate comparison for different deductibles
One of the most common auto insurance questions is how high or low should comp and collision deductibles be. The tables below can help show the premium difference of buying low and high policy deductibles. The first data table uses a $100 physical damage coverage deductible and the second pricing table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| RAV4 2WD | $196 | $352 | $226 | $14 | $68 | $881 | $73 |
| RAV4 Sport 2WD | $196 | $352 | $226 | $14 | $68 | $881 | $73 |
| RAV4 4WD | $196 | $352 | $226 | $14 | $68 | $881 | $73 |
| RAV4 Limited 2WD | $196 | $352 | $226 | $14 | $68 | $881 | $73 |
| RAV4 Limited 4WD | $196 | $352 | $226 | $14 | $68 | $881 | $73 |
| RAV4 Limited 4WD | $196 | $352 | $226 | $14 | $68 | $881 | $73 |
| RAV4 Sport 4WD | $196 | $352 | $226 | $14 | $68 | $881 | $73 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| RAV4 2WD | $142 | $238 | $226 | $14 | $68 | $688 | $57 |
| RAV4 Sport 2WD | $142 | $238 | $226 | $14 | $68 | $688 | $57 |
| RAV4 4WD | $142 | $238 | $226 | $14 | $68 | $688 | $57 |
| RAV4 Limited 2WD | $142 | $238 | $226 | $14 | $68 | $688 | $57 |
| RAV4 Limited 4WD | $142 | $238 | $226 | $14 | $68 | $688 | $57 |
| RAV4 Limited 4WD | $142 | $238 | $226 | $14 | $68 | $688 | $57 |
| RAV4 Sport 4WD | $142 | $238 | $226 | $14 | $68 | $688 | $57 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, multi-vehicle, and homeowner. Prices do not factor in specific Toledo garaging location which can raise or lower coverage rates substantially.
Based on these figures, using a $100 deductible will cost in the ballpark of $16 more each month or $192 for a full year than choosing the higher $500 deductible. Due to the fact that you would have to pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you tend to average more than 25 months between claim filings, you would probably come out ahead by selecting a higher deductible.
Full coverage versus liability only rates
The illustration below illustrates the comparison of Toyota Rav4 car insurance rates with and without full coverage. The price estimates are based on no claims or driving violations, $250 deductibles, single status, and no discounts are taken into consideration.
When to switch to liability coverage only
There is no clear-cut formula that is best for determining when to drop full coverage, but there is a general school of thought. If the yearly cost of full coverage is more than around 10% of replacement cost minus your deductible, then it could be time to drop full coverage.
For example, let’s pretend your Toyota Rav4 claim settlement value is $9,000 and you have $1,000 deductibles. If your vehicle is severely damaged, you would only receive $8,000 after the deductible is paid. If you are paying in excess of $800 annually for comprehensive and collision coverage, then you might want to think about dropping full coverage.
There are some situations where removing full coverage is not in your best interest. If you still owe a portion of the original loan, you are required to maintain full coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle in the even your car is totaled, you should not buy liability only.
Cheap Toledo car insurance rates with discounts
The cost of insuring your cars can be expensive, but there may be some discounts that may help make it more affordable. Many of these discounts will be applied automatically at the time of quoting, but a few need to be specially asked for prior to getting the savings.
- Professional Organizations – Affiliation with a professional or civic organization may earn a discount on your next renewal.
- Switch and Save Discount – A few insurance companies give discounts for switching to them before your current expiration date. It could save around 10% when you buy Toledo car insurance online.
- Telematics Data Discounts – People who choose to allow their car insurance company to monitor their driving habits by using a telematics device such as Snapshot from Progressive or Drivewise from Allstate might see lower rates as long as they are good drivers.
- Active Service Discounts – Being on active duty in the military could qualify you for better rates.
- Accident Forgiveness – This isn’t a discount exactly, but a handful of insurance companies will let one accident slide before hitting you with a surcharge so long as you haven’t had any claims for a certain period of time.
- Sign Online – A handful of car insurance companies provide a small discount shop Toledo car insurance on their website.
- Good Student – Maintaining excellent grades can get you a discount of up to 25%. You can use this discount normally until age 25.
- Low Miles Discount – Low annual miles could be rewarded with substantially lower car insurance rates.
- Seat Belts Save more than Lives – Forcing all vehicle occupants to wear their seat belts can save up to 15% on the medical payments or PIP coverage costs.
- Life Insurance – If the company offers life insurance, you could get a small discount if you purchase some life insurance in addition to your auto policy.
Discounts lower rates, but some credits don’t apply to your bottom line cost. Some only reduce the cost of specific coverages such as liability and collision coverage. So even though you would think all the discounts add up to a free policy, you aren’t that lucky.
The illustration below visualizes the comparison of Toyota Rav4 auto insurance costs with and without discounts applied. The prices are based on a male driver, no violations or claims, Ohio state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, safe-driver, homeowner, marriage, and claim-free discounts applied.
To locate insurance companies with the best Toyota Rav4 insurance discounts in Toledo in Ohio, click here to view.
Lower Your Toledo Insurance Rates
Consumers need to have an understanding of the different types of things that help determine the price you pay for auto insurance. If you have some idea of what positively or negatively impacts your premiums, this enables you to make decisions that can help you get lower auto insurance prices.
Shown below are some of the items used by insurance companies to determine rates.
- Rates can be impacted by your job – Jobs like lawyers, air traffic controllers, and miners generally pay higher rates than the rest of us due to stressful work requirements and lots of time spent away from family. Conversely, careers such as scientists, athletes and retirees receive lower rates.
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Does car insurance cost less for females? – Statistics show females are less aggressive when driving. It does not mean males are worse at driving than females. They both are responsible for auto accidents at about the same rate, but the men have costlier accidents. Men also statistically receive more costly citations like DWI (DUI) or reckless driving.
The information below shows the comparison of Toyota Rav4 auto insurance costs for male and female drivers. The data is based on no driving violations, no at-fault accidents, full coverage, $500 deductibles, marital status is single, and no discounts are taken into consideration.
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Tickets are costly – Getting just one chargeable violation could increase your next policy renewal substantially. Careful drivers receive lower rates compared to bad drivers. Drivers with serious citations such as reckless driving, hit and run or driving under the influence may face state-mandated requirements to file a SR-22 to the state department of motor vehicles in order to legally drive a vehicle.
The information below shows how traffic citations and accidents can raise Toyota Rav4 annual premium costs for different categories of driver ages. The premiums assume a married female driver, full coverage, $500 deductibles, and no other discounts are factored in.
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Type of car, truck or SUV determines base rates – The make and model of the vehicle you need insurance for makes a substantial difference in how high your rates are. Lower performance four cylinder passenger models generally have the cheapest insurance rates, but many other things help determine your insurance rates.
The following data assumes a married male driver age 40, full coverage with $500 deductibles, and no discounts or violations. It compares Toyota Rav4 car insurance rates compared to other models of vehicles that have different risk factors.
- Increase coverage deductibles to save – Comp and collision deductibles are the amount of money you are required to spend in the event of a claim. Physical damage insurance, aka comp and collision, covers damage that occurs to your car. Examples of covered claims would be a windshield broken by a bird, damage caused by hail, or theft of your vehicle. The higher the amount the insured is willing to pay, the lower your rates will be.
- Pay more if you have a long commute – Being located in a small town has it’s advantages when buying auto insurance. People in densely populated areas have more traffic problems and a longer drive to work. Less people translates into fewer accidents and also fewer theft and vandalism claims.
- Always keep your coverage in force – Having an insurance coverage lapse is a sure-fire way to increase your auto insurance rates. Not only will you pay more, being ticketed for driving with no insurance might get you fines and jail time.
- Incidental coverages you don’t need – Insurance companies have many extra add-on coverages that you can buy but may not be useful. Insurance for rental car reimbursement, better glass coverage, and extra life insurance coverage could be just wasting money. They may seem like a good idea initially, but if you have no use for them consider taking them off your policy.
Auto insurance quotes from local Toledo insurance agencies
Some people still like to visit with an insurance agent and that is a personal choice. Experienced insurance agents can help you build your policy and give you someone to call. One of the best bonuses of comparing rate quotes online is that drivers can save money and get lower car insurance rates and still have an agent to talk to.
To find an agent, once you fill out this short form, your insurance data is immediately sent to participating agents in Toledo who want to provide quotes for your business. You won’t even need to drive around since rate quotes are delivered to the email address you provide. If you need to get a price quote from a specific insurance company, you just need to navigate to their website and fill out the quote form the provide.
Picking a provider should depend on more than just a low price. You should also get answers to these questions.
- What insurance companies do they work with in Toledo?
- What discounts might you be missing?
- Is auto insurance their primary focus in Toledo?
- Do they get paid more for recommending certain coverages?
- Will the quote change when the policy is issued?
Best auto insurance agent in Toledo
When looking for local Toledo agents, it can be helpful to understand the different agency structures that you can choose from. Auto insurance agencies can either be independent agents or exclusive agents. Both can handle auto insurance, but it’s worth learning why they differ because it may have an impact on which type of agent you select.
Exclusive Agents
Agents of this type can usually just insure with one company and some examples include State Farm, Allstate, or Farmers Insurance. Exclusive agencies are unable to give you multiple price quotes so always compare other rates. These agents are well trained on what they offer which aids in selling service over price. A lot of people buy from the same agent for years mostly because of the brand and solid financial strength.
Listed below is a list of exclusive insurance agents in Toledo that are able to give price quotes.
- Allstate Insurance: Jennifer Soda Zielinski
2509 W Sylvania Ave Ste 12 – Toledo, OH 43613 – (419) 472-9690 – View Map - Allstate Insurance: Chuck Bodette
1310 W Sylvania Ave – Toledo, OH 43612 – (419) 478-2400 – View Map - Jamie Mauntler – State Farm Insurance Agent
5401 Secor Rd – Toledo, OH 43623 – (419) 474-0559 – View Map
Independent Auto Insurance Agencies
Agents that choose to be independent can sell policies from many different companies so they have the ability to put coverage with a variety of different insurance companies and potentially find a lower price. If your premiums go up, an independent agent can move your coverage and that require little work on your part.
If you are comparing auto insurance prices, you will want to compare quotes from several independent agencies in order to have the best price comparison. Most have the option of insuring with companies you’ve never heard of which can be an advantage.
The following are Toledo independent agencies who can help you get rate quotes.
- Park and Co Insurance
5749 Park Center Ct – Toledo, OH 43615 – (419) 474-8135 – View Map - House of Insurance
5801 Telegraph Rd – Toledo, OH 43612 – (419) 476-8436 – View Map - Regan Insurance
3034 W Sylvania Ave – Toledo, OH 43613 – (419) 292-0001 – View Map
Best auto insurance in Ohio
Ending up with the best car insurance company can be a challenge considering how many different companies insure vehicles in Toledo. The rank data displayed below can help you choose which car insurance providers to look at buying from.
Top 10 Toledo Car Insurance Companies Overall
- USAA
- 21st Century
- GEICO
- Nationwide
- AAA Insurance
- Liberty Mutual
- Safeco Insurance
- State Farm
- Travelers
- American Family
Top 10 Toledo Car Insurance Companies by A.M. Best Rank
- USAA – A++
- GEICO – A++
- Travelers – A++
- State Farm – A++
- Allstate – A+
- Progressive – A+
- Erie Insurance – A+
- The Hartford – A+
- Nationwide – A+
- Esurance – A+
What is YOUR best insurance company?
Cheap Toyota Rav4 insurance in Toledo is attainable on the web in addition to many Toledo insurance agents, and you need to price shop both to have the best rate selection. Some companies may not provide online rate quotes and many times these smaller providers prefer to sell through independent agents.
Consumers change insurance companies for a variety of reasons including delays in paying claims, denial of a claim, unfair underwriting practices or delays in responding to claim requests. It doesn’t matter what your reason, choosing a new company is actually quite simple.
As you prepare to switch companies, do not buy less coverage just to save a little money. In many instances, an accident victim reduced liability limits or collision coverage only to regret that it was a big error on their part. Your goal is to buy a smart amount of coverage at an affordable rate and still be able to protect your assets.
Other learning opportunities
- Teen Driving Statistics (iihs.org)
- How Much are Car Insurance Quotes for a Honda CR-V in Toledo? (FAQ)
- Who Has Cheap Toledo Car Insurance Quotes for Low Credit Scores? (FAQ)
- What Car Insurance is Cheapest for Young Drivers in Toledo? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for a Ford Focus in Toledo? (FAQ)
- Vehicle Insurance in the U.S. (Wikipedia)
- Automakers compete to add autobraking (Insurance Institute for Highway Safety)
- Steps to Take After an Auto Accident (Insurance Information Institute)
- No-Fault Auto Insurance Statistics (Insurance Information Institute)