2017 Toyota RAV4 Hybrid Insurance Quotes – 8 Ideas for Cheapest Rates

Did a good deal turn out to be an underperforming, overpriced insurance coverage policy? Believe me when I say there are many consumers feeling the pinch from expensive insurance coverage.

Lots of insurers contend to insure your vehicles, and because of this it can be hard to compare insurance companies and get the definite lowest rate possible.

Get cheap insurance coverage with discounts

Car insurance companies don’t necessarily list all disounts very clearly, so the below list has a few of the more common in addition to some of the lesser obvious ways to save on insurance coverage.

• Discount for New Cars – Adding a new car to your policy can be considerably cheaper because newer models keep occupants safer.
• Save with More Vehicles Insured – Buying insurance for several vehicles on a single policy can get a discount on all vehicles.
• Safe Drivers – Drivers who don’t get into accidents may save up to 50% more for RAV4 Hybrid insurance than drivers with accidents.
• Renewal Discounts – A few larger companies give discounts for switching policies before your current coverage expires. It can save you around 10%.
• Theft Deterent System – Cars, trucks, and SUVs with anti-theft systems help deter theft and earn discounts up to 10% off your auto insurance quote.
• Discount for Life Insurance – Not all insurance carriers offer life insurance, but some may give you a break if you buy life insurance from them.
• Drive Less and Save – Keeping the miles down on your Toyota can qualify you for lower insurance coveragerates due to less chance of an accident.
• Accident-Free Discounts – Insureds who avoid accidents and claims can earn big discounts when compared to frequent claim filers.

Don’t be surprised that most discount credits are not given to the entire cost. Most only apply to the price of certain insurance coverages like medical payments or collision. So despite the fact that it appears having all the discounts means you get insurance for free, you’re out of luck.

For a list of insurance companies with significant discounts, click this link.

Tailor your insurance coverage to you

When buying coverage, there isn’t really a single plan that fits everyone. Your needs are not the same as everyone else’s and your policy should reflect that. For instance, these questions might point out if you would benefit from an agent’s advice.

• Is my cargo covered for damage or theft?
• Is my nanny covered when driving my vehicle?
• Does insurance cover tools stolen from my truck?
• Is my state a no-fault state?
• What vehicles should carry emergency assistance coverage?
• Does coverage extend to my business vehicle?

If you don’t know the answers to these questions, then you may want to think about talking to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of insurance companies in your area.

Don’t listen to company ads

Popular insurance coverage providers such as Geico, State Farm and Progressive endlessly run ads on TV and radio. All the companies state the claim that you can save if you move your coverage to them. How does every company make the same claim? This is the way they can do it.

Insurance coverage companies provide the lowest rates for the driver that will be a good risk. An example of a desirable insured could possibly be a married male, is a homeowner, and drives less than 10,000 miles a year. Anybody that matches those criteria receive the lowest rate quotes and will most likely save a lot of money.

People who cannot meet the “perfect” profile may be required to pay a higher rate and this can result in the customer buying from a different company. The ad wording is “customers who switch” but not “all drivers who get quotes” save that much. That’s why companies can truthfully make claims like that.

Because each company has a different risk profile, you should compare quotes as often as possible. It is impossible to guess which company will provide the lowest premium rates.

Parts of your auto insurance policy

Learning about specific coverages of your auto insurance policy helps when choosing the right coverages and proper limits and deductibles. Policy terminology can be ambiguous and coverage can change by endorsement. Listed below are the usual coverages found on most auto insurance policies.

Auto liability

This provides protection from damage that occurs to a person or their property that is your fault. It protects you against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.

Liability can pay for things such as repair bills for other people’s vehicles, structural damage and repair costs for stationary objects. How much liability coverage do you need? That is a personal decision, but you should buy as much as you can afford.

Medical expense insurance

Med pay and PIP coverage reimburse you for short-term medical expenses for things like prosthetic devices, nursing services, rehabilitation expenses and chiropractic care. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive (Other than Collision)

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like damage from a tornado or hurricane, rock chips in glass, a tree branch falling on your vehicle and fire damage. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Protection from uninsured/underinsured drivers

This coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Most of the time the UM/UIM limits are set the same as your liablity limits.

Collision insurance

This pays for damage to your RAV4 Hybrid resulting from colliding with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for things like backing into a parked car, hitting a parking meter, driving through your garage door and scraping a guard rail. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. It’s also possible to increase the deductible in order to get cheaper collision rates.

One last thing

As you restructure your insurance plan, it’s not a good idea to reduce needed coverages to save money. In many instances, an insured dropped collision coverage only to regret they didn’t purchase enough coverage. The aim is to buy enough coverage for the lowest price but still have enough coverage for asset protection.

We’ve covered a lot of techniques to reduce 2017 Toyota RAV4 Hybrid insurance rates online. It’s most important to understand that the more quotes you get, the better your chances of lowering your car insurance rates. Drivers may discover the lowest rates come from some of the lesser-known companies. These companies can often provide lower car insurance rates in certain areas than their larger competitors like State Farm and Allstate.

Much more information about insurance coverage is located at these links:

• Alcohol Impaired Driving FAQ (iihs.org)
• Vehicle Safety Ratings (iihs.org)
• Car Insurance FAQ (Trusted Choice)
• How to Avoid Buying a Flooded Car (Insurance Information Insitute)
• Should I Purchase an Umbrella Liability Policy? (Insurance Information Insitute)