1998 Toyota RAV4 Insurance Quotes

Trying to find the cheapest auto insurance rates for your Toyota RAV4? Searching for the cheapest insurance for a Toyota RAV4 can be an all-consuming task, but you can follow our auto insurance buying tips to save time.

There is a right way and a wrong way to find auto insurance online so we’re going to tell you the best way to price shop coverage for your Toyota and get the lowest price.

Smart consumers take time to price shop coverage occasionally because rates go up and down regularly. Just because you found the best rates on RAV4 insurance a few years ago there is a good chance you can find better rates now. Don’t believe everything you read about auto insurance on the internet, so I’m going to show you some tested techniques to reduce your auto insurance bill.

Save on Toyota RAV4 insurance

The cost of insuring your cars can be expensive, but there could be available discounts that you may not know about. A few discounts will automatically apply when you quote, but a few need to be specially asked for before being credited. If you’re not getting every credit possible, you are throwing money away.

  • Multi-policy Discount – When you combine your home and auto insurance with one insurance company you will save at least 10% off all policies.
  • Payment Discounts – If paying your policy premium upfront rather than paying monthly you may reduce your total bill.
  • Anti-theft System – Cars that have factory anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
  • Good Students Pay Less – Getting good grades can earn a discount of 20% or more. The good student discount can last until age 25.
  • Homeowners Savings – Owning a house can help you save on insurance because owning a home is proof that your finances are in order.
  • Braking Control Discount – Cars that have steering control and anti-lock brakes are safer to drive and will save you 10% or more.

It’s important to understand that most discount credits are not given to the overall cost of the policy. Some only apply to the price of certain insurance coverages like medical payments or collision. Just because it seems like you could get a free insurance policy, it doesn’t quite work that way. But any discount will bring down the cost of coverage.

Car insurance companies that may have these money-saving discounts are:

Double check with each insurance company how you can save money. Discounts might not apply in your state.

Parts of the Toyota RAV4 rate equation

Consumers need to have an understanding of the different types of things that play a part in calculating insurance coverage rates. Having a good understanding of what controls the rates you pay allows you to make educated decisions that may reward you with lower insurance coverage prices.

  • Older drivers pay less – Teen drivers are statistically proven to be careless and easily distracted behind the wheel so they pay higher insurance coverage rates. Having to add a teenage driver to your policy can be quite pricey. Older drivers are more cautious drivers, file fewer claims and are safer drivers.
  • Lower deductibles cost more – Physical damage coverage, otherwise known as comp (or other than collision) and collision, protects your Toyota from damage. Examples of covered claims could be collision with another vehicle, vandalism, and windstorm damage. Your deductibles are the amount of money you are willing to pay in the event of a claim. The higher the amount you’re willing to pay, the less your insurance coverage will be on RAV4 insurance.
  • Your job and insurance rates – Occupations like judges, social workers and accountants are shown to have higher rates than average attributed to stressful work requirements and long work hours. On the flip side, jobs such as farmers, athletes and retirees pay the least on RAV4 insurance.
  • Extra add-on coverages are wasting money – There are a lot of extra coverages that you can buy if you aren’t careful. Insurance for roadside assistance, towing coverage and membership fees are examples of these. They may seem good when you first buy your policy, but your needs may have changed so eliminate the coverages to reduce your premium.
  • Discounts for multiple policies – Some insurers will give a discount to policyholders who consolidate policies with them. It’s known as a multi-policy discount. Discounts can amount to five, ten or even twenty percent. Even if you’re getting this discount it’s in your best interest to shop around to confirm you are receiving the best rates possible. Drivers may still find better rates by insuring with multiple companies.

Tailor your coverage to you

When it comes to choosing the best insurance coverage coverage for your personal vehicles, there isn’t really a best way to insure your cars. Every insured’s situation is different.

For example, these questions can aid in determining if you might need professional guidance.

  • Is my custom paint covered by insurance?
  • Do I need replacement cost coverage?
  • Am I covered when using my vehicle for business?
  • Do I have coverage when making deliveries for my home business?
  • I have health insurance so do I need medical payments coverage?
  • Is my cargo covered for damage or theft?
  • Where can I find DUI or SR-22 insurance?
  • Can I rent a car in Mexico?
  • Should I have combined single limit or split liability limits?
  • What happens if I owe more than my 1998 Toyota RAV4 is worth?

If it’s difficult to answer those questions, you might consider talking to an insurance agent. If you want to speak to an agent in your area, simply complete this short form. It is quick, free and can provide invaluable advice.

Coverages available on your insurance policy

Learning about specific coverages of insurance aids in choosing which coverages you need and proper limits and deductibles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.

Coverage for liability

This coverage protects you from damage that occurs to other people or property in an accident. It protects you against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 25/50/25 that means you have a $25,000 limit per person for injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Alternatively, you may have one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.

Liability insurance covers things like legal defense fees, structural damage, medical expenses and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a personal decision, but consider buying higher limits if possible.

Comprehensive (Other than Collision)

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like rock chips in glass, hitting a bird, fire damage, theft and a broken windshield. The highest amount your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Medical expense insurance

Med pay and PIP coverage reimburse you for short-term medical expenses for nursing services, X-ray expenses, surgery and hospital visits. They are often utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Auto collision coverage

This coverage will pay to fix damage to your RAV4 resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things such as rolling your car, driving through your garage door, backing into a parked car and crashing into a ditch. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.

Protection from uninsured/underinsured drivers

This coverage gives you protection from other drivers when they do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your Toyota RAV4.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally these coverages are set the same as your liablity limits.

Best coverage at the best price

Cheaper 1998 Toyota RAV4 insurance is available both online and also from your neighborhood agents, so compare prices from both so you have a total pricing picture. There are still a few companies who may not provide you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.

We just presented quite a bit of information on how to lower your insurance rates. The most important thing to understand is the more providers you compare, the higher the chance of saving money. You may be surprised to find that the best price on insurance coverage is with a lesser-known regional company.

When you buy insurance online, it’s very important that you do not sacrifice coverage to reduce premiums. There are too many instances where someone sacrificed full coverage only to regret at claim time that it was a big error on their part. The aim is to buy the best coverage you can find for the lowest price while still protecting your assets.

Much more information about insurance coverage can be read on the following sites: