Want lower insurance rates for your Toyota RAV4? Feel like you’re a prisoner to high-priced insurance? Trust us, there are lots of people in the same boat.
Consumers have many insurers to pick from, and though it is a good thing to have multiple companies, too many choices makes it more difficult to find the lowest cost provider.
Buying affordable insurance coverage is quite easy. In a nutshell, anyone who is required by state law to have insurance should be able to find better rates. But vehicle owners do need to understand the methods companies use to compete online and use this information to your advantage.
Effectively comparing insurance prices can be exhausting if you don’t understand the easiest way. You can spend your afternoon talking to insurance agencies in your area, or you can stay home and use online quoting to get prices fast.
Most major companies enroll in a system where prospective buyers complete one form, and each company provides a quote. This saves time by eliminating form submissions to each individual insurance company.
To compare 2000 Toyota RAV4 rates now click here (opens in new window).
The single downside to using this type of system is you cannot specify the insurers to get quotes from. If you would rather choose specific providers to request quotes from, we have a page of the cheapest insurance companies in your area. Click here to view list.
However you get your quotes, double check that you are using exactly the same coverage limits on every quote. If you enter mixed coverages it’s impossible to decipher which rate is best. Having just a slight variation in coverage limits can make a big difference in price. Just remember that more quotes provides better odds of finding the best price.
When it comes to choosing proper insurance coverage, there isn’t really a one size fits all plan. Everyone’s situation is a little different and your policy should reflect that. For instance, these questions may help highlight whether or not you could use an agent’s help.
If it’s difficult to answer those questions, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area.
Understanding the coverages of car insurance can help you determine the right coverages and the correct deductibles and limits. Policy terminology can be confusing and coverage can change by endorsement. Listed below are the normal coverages found on the average car insurance policy.
Liability car insurance – This coverage can cover damages or injuries you inflict on other people or property by causing an accident. This insurance protects YOU against claims from other people. It does not cover damage to your own property or vehicle.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see values of 25/50/25 that translate to $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery. Another option is a combined limit which limits claims to one amount with no separate limits for injury or property damage.
Liability coverage protects against things such as court costs, bail bonds and medical expenses. How much coverage you buy is a decision to put some thought into, but buy as much as you can afford.
Uninsured and underinsured coverage – This coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your Toyota RAV4.
Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally these limits are similar to your liability insurance amounts.
Collision coverage – Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.
Collision coverage protects against claims such as crashing into a building, hitting a mailbox and driving through your garage door. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.
Coverage for medical payments – Coverage for medical payments and/or PIP reimburse you for immediate expenses for things like ambulance fees, pain medications and hospital visits. They are used to fill the gap from your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage
Comprehensive coverages – This coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for things such as theft, fire damage, hitting a bird and hitting a deer. The maximum amount your car insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.