How Much Does 2008 Toyota RAV4 Car Insurance Cost?

Want better insurance coverage rates for your Toyota RAV4? Shopping for the lowest cost insurance coverage over the internet may be problematic for consumers new to comparing rates online. With so many insurers available, how can consumers possibly compare every one to find the cheapest rates?

Shopping for the lowest cost protection is quite easy. Just about everyone who shops for insurance should be able to save money. Although vehicle owners benefit from understanding the way insurance companies market on the web and use this information to your advantage.

The fastest way that we advise to compare rate quotes is to take advantage of the fact most of the bigger providers allow for online access to provide you with a free rate quote. The only thing you need to do is give them some information including your job, your general credit rating, if the vehicle is leased, and how many miles driven. Your information is sent automatically to many different companies and you get price estimates very quickly.

To get price quotes for your 2008 Toyota RAV4, click here and complete the form.

Pay less for 2008 Toyota RAV4 insurance

The price of auto insurance can be rather high, but you may find discounts that can drop the cost substantially. Certain discounts will be applied when you get a quote, but some must be inquired about before being credited.

  • Student Driver Training – Have your child take driver’s ed class in school.
  • Drive Safe and Save – Safe drivers can get discounts for up to 45% lower rates on RAV4 insurance than drivers with accidents.
  • Seat Belts Save – Using a seat belt and requiring all passengers to use a seat belt could cut 10% or more on the medical payments or PIP coverage costs.
  • Low Mileage Discounts – Driving fewer miles can earn lower rates on the low mileage vehicles.
  • New Vehicle Savings – Putting insurance coverage on a new car is cheaper since new cars are generally safer.
  • Federal Government Employee – Being employed by or retired from a federal job could cut as much as 10% off on RAV4 insurance with a few auto insurance companies.
  • Senior Citizens – If you’re over the age of 55, you may qualify for a discount up to 10% on RAV4 insurance.
  • Accident Free – Drivers with accident-free driving histories pay much less as compared to drivers who are more careless.
  • No Charge for an Accident – Some insurance companies will forgive one accident without raising rates as long as you don’t have any claims for a set time period.

A little note about advertised discounts, most of the big mark downs will not be given to all coverage premiums. A few only apply to the cost of specific coverages such as medical payments or collision. So when it seems like adding up those discounts means a free policy, companies don’t profit that way. Any amount of discount will bring down the cost of coverage.

Companies who might offer these money-saving discounts include:

Double check with each insurance company which discounts you may be entitled to. Some discounts may not apply in your state.

Tailor your coverage to you

When buying the right insurance coverage for your vehicles, there is no “perfect” insurance plan. Every situation is different.

These are some specific questions can aid in determining if your insurance needs might need professional guidance.

  • Are rental cars covered under my policy?
  • Does my 2008 Toyota RAV4 need full coverage?
  • Should I get collision insurance on every vehicle?
  • Can my teen drive my company car?
  • Should I waive the damage coverage when renting a car?
  • Can I rate high risk drivers on liability-only vehicles?
  • Am I missing any policy discounts?

If you’re not sure about those questions but a few of them apply, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, simply complete this short form.

Car insurance coverages 101

Understanding the coverages of car insurance can help you determine the best coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring.

Collision coverage – Collision insurance pays for damage to your RAV4 caused by collision with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like driving through your garage door, scraping a guard rail, backing into a parked car and colliding with another moving vehicle. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. You can also raise the deductible to bring the cost down.

Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Toyota RAV4.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time the UM/UIM limits do not exceed the liability coverage limits.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for EMT expenses, dental work and pain medications. They can be used in conjunction with a health insurance program or if you are not covered by health insurance. Coverage applies to both the driver and occupants in addition to being hit by a car walking across the street. PIP is not an option in every state and may carry a deductible

Liability coverages – Liability coverage can cover damages or injuries you inflict on people or other property in an accident. It protects YOU against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 100/300/100 that translate to a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Some companies may use a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability can pay for things such as repair costs for stationary objects, medical expenses, bail bonds, court costs and loss of income. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as large an amount as possible.

Comprehensive coverage – Comprehensive insurance covers damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims such as falling objects, a tree branch falling on your vehicle, vandalism, hail damage and damage from getting keyed. The most a car insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.