How to Save on Greensboro Toyota Rav4 Insurance

Insurance for Toyota Rav4If you want to save the most money, the best way to find cheaper quotes for Toyota Rav4 insurance in Greensboro is to start doing an annual price comparison from companies in North Carolina.

  1. Spend some time learning about what coverages are included in your policy and the things you can control to prevent expensive coverage. Many things that cause high rates like speeding and an unacceptable credit score can be remedied by paying attention to minor details. Read the full article for ideas to keep prices down and get bigger discounts that may have been overlooked.
  2. Compare rates from direct, independent, and exclusive agents. Exclusive and direct companies can only give prices from a single company like GEICO or Farmers Insurance, while independent agencies can give you price quotes for a wide range of insurance providers.
  3. Compare the price quotes to your current policy premium to determine if switching companies saves money. If you can save some money, make sure the effective date of the new policy is the same as the expiration date of the old one.
  4. Provide notification to your current company of your intention to cancel the current policy. Submit the application along with any required down payment for your new policy. As soon as you have the new policy, keep the new certificate verifying coverage in an easily accessible location.

A tip to remember is to make sure you’re comparing the same level of coverage on each quote and and to get rate quotes from all possible companies. This guarantees a fair price comparison and a better comparison of the market.

It’s safe to assume that insurance companies don’t want you quoting rates from other companies. People who get comparison quotes at least once a year are highly likely to switch to a new company because there are good odds of finding a more affordable policy premium. A recent car insurance study revealed that drivers who compared prices once a year saved as much as $865 annually as compared to drivers who never compared other company’s rates.

If finding the lowest price for insurance in Greensboro is your goal, then having an understanding of how to find companies and compare insurance coverage can help simplify the process.

Obtaining price quotes for affordable auto insurance in Greensboro is actually quite simple. If you have a policy now or just want cheaper coverage, use these tips to reduce the price you pay and still have adequate protection. Smart buyers just have to know how to compare insurance rates on the web.

Earn discounts on Greensboro insurance

Companies offering auto insurance don’t list every policy discount in a way that’s easy to find, so we researched some of the best known as well as the least known discounts that may be available.

As a sidenote, many deductions do not apply to the entire cost. A few only apply to the price of certain insurance coverages like liability and collision coverage. Even though it appears adding up those discounts means a free policy, company stockholders wouldn’t be very happy. Any amount of discount will definitely lower the premium cost.

The example below compares Toyota Rav4 car insurance costs with and without policy discounts. The premiums assume a female driver, no claims or driving violations, North Carolina state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, safe-driver, multi-car, multi-policy, and claim-free discounts applied.

Some of the insurance companies who may offer some of the discounts shown above possibly include:

Before purchasing a policy, check with all the companies to give you their best rates. Some credits might not apply in Greensboro.

The majority of larger companies such as GEICO, State Farm and Progressive allow you to get coverage prices directly from their websites. Getting online quotes for Toyota Rav4 insurance in Greensboro is quite simple as you simply enter the amount of coverage you want into a form. When the form is submitted, their system will order reports for credit and driving violations and returns a price quote based on the data you entered.

Being able to quote online for Toyota Rav4 insurance in Greensboro makes it easy to compare insurance prices and it’s absolutely necessary to do this if you want to get cheaper rates.

If you want to find out how much you’re overpaying now, compare rates now from the companies shown below. To compare your current rates, we recommend you replicate your coverages just like they are on your policy. Using the same limits helps guarantee you will have comparison quotes based on the exact same insurance coverage.

The companies shown below are our best choices to provide free quotes in North Carolina. To find cheap car insurance in NC, we suggest you visit two to three different companies to find the most competitive auto insurance rates.

Toyota Rav4 coverage statistics

The data table displayed next outlines estimates of coverage prices for Toyota Rav4 models. Learning more about how insurance prices are formulated is important to be able to make smart choices when selecting a coverage provider.

Toyota Rav4 Insurance Rates in Greensboro, NC
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
RAV4 2WD $134 $256 $282 $16 $84 $772 $64
RAV4 Sport 2WD $134 $256 $282 $16 $84 $772 $64
RAV4 4WD $134 $256 $282 $16 $84 $772 $64
RAV4 Limited 2WD $134 $256 $282 $16 $84 $772 $64
RAV4 Limited 4WD $134 $256 $282 $16 $84 $772 $64
RAV4 Limited 4WD $134 $256 $282 $16 $84 $772 $64
RAV4 Sport 4WD $134 $256 $282 $16 $84 $772 $64
Get Your Own Custom Quote Go

Above prices assume single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, safe-driver, and claim-free. Rates do not factor in specific Greensboro garaging location which can raise or lower premiums substantially.

Policy deductible comparison

One common question asked by Greensboro drivers is what deductibles to buy. The data tables below determine the differences in price between high and low physical damage deductibles. The first set of rates uses a $100 physical damage deductible and the second price chart uses a $1,000 deductible.

Toyota Rav4 insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
RAV4 2WD $214 $386 $250 $14 $74 $963 $80
RAV4 Sport 2WD $214 $386 $250 $14 $74 $963 $80
RAV4 4WD $214 $386 $250 $14 $74 $963 $80
RAV4 Limited 2WD $214 $386 $250 $14 $74 $963 $80
RAV4 Limited 4WD $214 $386 $250 $14 $74 $963 $80
RAV4 Limited 4WD $214 $386 $250 $14 $74 $963 $80
RAV4 Sport 4WD $214 $386 $250 $14 $74 $963 $80
Get Your Own Custom Quote Go

Toyota Rav4 insurance premium rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
RAV4 2WD $118 $204 $250 $14 $74 $660 $55
RAV4 Sport 2WD $118 $204 $250 $14 $74 $660 $55
RAV4 4WD $118 $204 $250 $14 $74 $660 $55
RAV4 Limited 2WD $118 $204 $250 $14 $74 $660 $55
RAV4 Limited 4WD $118 $204 $250 $14 $74 $660 $55
RAV4 Limited 4WD $118 $204 $250 $14 $74 $660 $55
RAV4 Sport 4WD $118 $204 $250 $14 $74 $660 $55
Get Your Own Custom Quote Go

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Rate information does not factor in zip code location which can decrease or increase coverage prices substantially.

Based on the figures above, using a $100 deductible will cost you about $25 more each month or $300 for a full year than opting for the higher $1,000 deductible. Due to the fact that you would have to pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you normally average more than 36 months between claim filings, you would most likely save money if you decide on a higher deductible.

The chart below illustrates how your choice of deductibles and can change Toyota Rav4 insurance costs for different categories of driver ages. The rates are based on a married female driver, full coverage, and no discounts are factored in.

Impact of age and gender on insurance rates

The chart below shows the comparison of Toyota Rav4 auto insurance costs for male and female drivers. The costs are based on no accidents, no driving violations, comp and collision included, $500 deductibles, single status, and no discounts are applied.

Your auto insurance coverage should be tailored to you

Always keep in mind that when comparing coverage, there really is no cookie cutter policy. Your needs are unique to you.

These are some specific questions can help discover if you will benefit from professional help.

If you can’t answer these questions but a few of them apply, you may need to chat with a licensed agent. To find an agent in your area, complete this form. It is quick, free and can provide invaluable advice.

Buying from insurance agents

Certain consumers would rather have an agent’s advice and that is just fine! Experienced insurance agents can help you choose the best coverages and help file insurance claims. One of the benefits of getting free rate quotes online is that you can find cheap rate quotes and still have a local agent. And providing support for neighborhood insurance agencies is definitely important in Greensboro.

Insurance agency in GreensboroOnce you complete this quick form, your insurance coverage information is sent to agents in your area who will give you bids and help you find cheaper coverage. There is no reason to find an agent on your own because quoted prices will be sent to you instantly. If you wish to get a rate quote from one company in particular, feel free to search and find their rate quote page and complete a quote there.

Exclusive agents vs. Independent agents

If you are searching for a reliable agent, you should know the types of agencies and how they are slightly different. Greensboro agents are classified as either independent or exclusive depending on the company they work for. Either can insure your vehicles, but we need to point out why they differ since it could factor into buying decisions.

Independent Car Insurance Agencies

Agents that choose to be independent are not locked into one company and that enables them to quote your coverage through many companies and find the cheapest car insurance rates. If you want to switch companies, they can switch companies in-house which requires no work on your part. When comparing car insurance prices, you will want to get insurance quotes from several independent agencies in order to have the best price comparison. Many write coverage with small regional insurance companies which may provide better rates.

Below is a partial list of independent insurance agents in Greensboro that can possibly get you competitive price quotes.

View more agents

Exclusive Agents

Exclusive agents can only provide pricing for a single company such as AAA, Allstate, and State Farm. They generally cannot provide other company’s prices so you need to shop around if the rates are high. They are well trained on the products they sell which helps them sell insurance even at higher premiums. Some people will only buy from exclusive agents primarily because of loyalty to the company rather than having low rates.

Shown below is a short list of exclusive insurance agencies in Greensboro willing to provide comparison quotes.

View more agents

Finding the right insurance agency should depend on more than just a low price. Some important questions to ask are:

Best reasons to buy car insurance in North Carolina

Even though it’s not necessarily cheap to insure a Toyota in Greensboro, insuring your vehicle is a good idea for several reasons.

The benefits of carrying enough insurance are definitely more than the cost, especially when you need to use it. Unknowingly, the average driver is overpaying over $820 a year so it’s recommended you shop around once a year at a minimum to help ensure money is not being wasted.

Insurance policy specifics

Knowing the specifics of insurance can be of help when determining the best coverages for your vehicles. Insurance terms can be impossible to understand and nobody wants to actually read their policy.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like damage from a tornado or hurricane, vandalism and hitting a deer. The highest amount a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage provides protection from other drivers when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and damage to your Toyota Rav4.

Because many people only purchase the least amount of liability that is required (North Carolina limits are 30/60/25), it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Frequently your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Collision – This pays for damage to your Rav4 caused by collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like sideswiping another vehicle, crashing into a ditch, driving through your garage door and crashing into a building. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible on your Rav4 to bring the cost down.

Insurance for medical payments – Medical payments and Personal Injury Protection insurance reimburse you for expenses like nursing services, rehabilitation expenses and doctor visits. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. They cover all vehicle occupants and also covers if you are hit as a while walking down the street. PIP coverage is not universally available and may carry a deductible

Liability car insurance – Liability coverage protects you from injuries or damage you cause to other’s property or people that is your fault. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 30/60/25 which stand for a limit of $30,000 per injured person, a total of $60,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged property. Some companies may use a combined limit which limits claims to one amount rather than limiting it on a per person basis.

Liability insurance covers things like repair bills for other people’s vehicles, attorney fees, legal defense fees, repair costs for stationary objects and emergency aid. How much liability coverage do you need? That is a personal decision, but you should buy higher limits if possible. North Carolina requires minimum liability limits of 30/60/25 but you should think about purchasing more liability than the minimum.

The illustration below shows why buying the state minimum limits may not be high enough to adequately cover claims.

North Carolina auto insurance companies ranked

Ending up with a highly-rated auto insurance provider can be a challenge considering how many companies sell insurance in North Carolina. The ranking data in the next section may help you choose which insurers you want to consider when comparing rate quotes.

Best Auto Insurance Companies in Greensboro
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
Travelers 93 98 99 88% A++ 95.1
USAA 83 99 100 91% A++ 94.1
AAA Insurance 91 95 92 90% A 93.3
Nationwide 85 95 97 89% A+ 92.4
Allstate 77 100 97 88% A+ 90.7
State Farm 80 94 96 88% A++ 90.6
The Hartford 88 93 91 87% A+ 90.4
Safeco Insurance 91 95 85 88% A 90.2
Progressive 88 94 83 88% A+ 90.1
American Family 91 86 95 83% A 89.7
Esurance 86 90 94 90% A+ 89.5
The General 86 93 89 84% A- 88.2
GEICO 79 89 95 87% A++ 87.8
Titan Insurance 86 82 92 86% A+ 86.5
21st Century 86 82 90 84% A 86.4
Liberty Mutual 79 87 95 78% A 85.3
Farmers Insurance 77 80 80 84% A 80.3
Compare Rates Now Go

Data Source: Best Car Insurance Companies

Get the best coverage at the best price

Cost effective Toyota Rav4 insurance is available on the web and also from your neighborhood Greensboro agents, so you need to quote Greensboro auto insurance with both in order to have the best chance of saving money. There are still a few companies who do not provide internet price quotes and usually these small, regional companies work with local independent agents.

Drivers who switch companies do it for many reasons like not issuing a premium refund, policy non-renewal, policy cancellation or poor customer service. Regardless of your reason for switching companies, finding a new company can be easy and end up saving you some money.

We’ve covered some good ideas how you can shop for Toyota Rav4 insurance online. It’s most important to understand that the more quotes you get, the higher the chance of saving money. Consumers could even find that the most savings is with a company that doesn’t do a lot of advertising.

For more information, feel free to browse the following helpful articles: