Buying economical car insurance for a Toyota RAV4 can be pretty simple, but it hinges on lots of different rating factors such as driver age, your residence address, and any past driving violations you may have had. North Carolina drivers pay around $639 annually for RAV4 insurance, but that is an estimate based on a 40-year-old married male driver with full coverage and $500 deductibles.
There’s a high likelihood you are not 40 years old and maybe not even male, maybe you are single instead of married, and maybe your RAV4 just needs liability-only coverage. Even a minor change in rating variables or coverage information may result in significant differences in rates.
Everyone has unique insurance needs, and this illustrates why the best method for finding the cheapest coverage for your Toyota is to compare rates from as many companies as possible. Quotes are always free and you will receive prices from top-rated companies around.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|RAV4 Sport 2WD||$142||$240||$256||$16||$76||$730||$61|
|RAV4 Limited 2WD||$142||$240||$256||$16||$76||$730||$61|
|RAV4 Limited 4WD||$142||$240||$256||$16||$76||$730||$61|
|RAV4 Limited 4WD||$142||$240||$256||$16||$76||$730||$61|
|RAV4 Sport 4WD||$142||$240||$256||$16||$76||$730||$61|
|Get Your Own Custom Quote Go|
Data based on married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Rate quotes do not factor in specific garaging location which can alter coverage rates greatly.
Comparing rates for budget car insurance is not always easy, and determining which insurers offer the lowest-priced auto insurance rates for a Toyota RAV4 takes even more shopping around.
Every insurance company uses their own formula for determining rates, so let’s rank the auto insurance companies with the most affordable rates in North Carolina. It’s important that readers know that Greensboro auto insurance rates are impacted by many factors that will increase or decrease the price of coverage. Improving your credit score, buying a different vehicle, or having an at-fault accident can trigger price changes that can now make some companies less affordable than competitors.
Cheap Insurance Rates for Your Toyota
Utica National quotes some of the cheapest car insurance rates in Greensboro at around $643 per year. Progressive, Liberty Mutual, GEICO, and NC Farm Bureau also make the cut as some of the cheapest Greensboro, NC auto insurance companies.
As depicted above, if you buy coverage from Progressive and switched to Utica National, you could earn a yearly price reduction of around $15. Customers with Liberty Mutual may save as much as $64 a year, and GEICO insureds might cut rates by $77 a year.
It’s important to note that these prices are averaged across all drivers and vehicles and are not factoring in a vehicle location for a Toyota RAV4. So the auto insurance company that fits your age and vehicle best may not even be in the top 20 companies in the list above. That’s why you need to quote rates from many companies using your own driver and vehicle profiles.
How to get discounts on Greensboro insurance rates
Insurers that offer cheap quotes for a Toyota RAV4 may provide premium discounts that can reduce rates by 25% or more if you qualify. A few popular companies and some of the premium reductions they offer can be found below.
- Travelers may include discounts for home ownership, new car, driver training, IntelliDrive, student away at school, and continuous insurance.
- 21st Century offers discounts including teen driver, driver training, defensive driver, automatic seat belts, 55 and older, air bags, and good student.
- State Farm may have discounts that include Steer Clear safe driver discount, passive restraint, accident-free, good driver, multiple policy, driver’s education, and defensive driving training.
- GEICO has discounts for federal employee, driver training, anti-theft, anti-lock brakes, good student, five-year accident-free, and defensive driver.
- SAFECO has savings for teen safety rewards, safe driver, anti-lock brakes, multi-car, and homeowner.
- AAA policyholders can earn discounts including good student, anti-theft, multi-policy, multi-car, education and occupation, and pay-in-full.
The information below visualizes the comparison of annual premium costs with and without discounts. The premiums are based on a female driver, no claims or violations, North Carolina state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows insurance cost with no discounts. The second bar shows the rates with marriage, claim-free, vehicle safety, passive restraint, homeowner, and anti-theft discounts applied. When these discounts are applied, the average amount saved each year on auto insurance for a Toyota RAV4 is 28% or $408.
The information below demonstrates how deductible levels can change annual premium costs when searching for cheap insurance for a Toyota RAV4. The premiums assume a married female driver, comprehensive and collision coverage, and no other discounts are factored in.
A 40-year-old driver could pocket $204 a year by changing from a $100 deductible to a $500 deductible, or save $306 by using a $1,000 deductible. Young drivers, like the age 20 example, could possibly save up to $504 or more just by choosing higher deductibles when buying full coverage. When raising deductibles, it is necessary to have spare funds to pay the extra out-of-pocket expense that is associated with using high deductibles.
How to find the cheapest insurance for a Toyota RAV4
Here are some of the better penny-pinching solutions that can help Greensboro drivers buy more affordable auto insurance.
- Avoid speeding and other traffic citations and pay less
- Do not pay for comprehensive and collision coverage on older vehicles
- Accident-free drivers may qualify for discounts
- Avoid filing small claims
- Raise deductibles
- Comparison shop at least once a year
That last idea is very critical, as was stressed in the prior article. Insurance rates in Greensboro can change considerably in a year, so don’t be unwilling to buy a different policy if a more affordable rate is found. Brand loyalty is great, but it’s not a great idea if that loyalty results in overpaying big bucks every year. If you have a few minutes, shop around and find cheaper insurance for a Toyota RAV4.
If you prefer to have a consultation when trying to find the best insurance rates for a Toyota RAV4, the agents listed below can most likely help you decide which auto insurance policy fits you best.
To find an agent closest to you, click the link at the bottom or click here to compare prices now.
- Nationwide Insurance: Haywood Insurance Agency Inc
2211 W Meadowview Rd Ste 110 – Greensboro, NC 27407 – (336) 855-1234
- Necota Smith Jr – State Farm Insurance Agent
2607 Randleman Rd Ste B – Greensboro, NC 27406 – (336) 274-1983
- Barry Morgan – State Farm Insurance Agent
2001 N O Henry Blvd Srv Rd b – Greensboro, NC 27407 – (336) 294-3894
- Williford Insurance Group Inc
2201 W Cone Blvd – Greensboro, NC 27408 – (336) 288-1956
- Piedmont Triad Insurance, Inc.
7 Battleground Ct Ste. 224 – Greensboro, NC 27408 – (336) 282-5555