Compare 2012 Toyota RAV4 EV Insurance Rates

Tired of being strong-armed to pay your car insurance bill each month? You are in the same boat as most other car owners.

Because there are so many online and local companies to choose from, it is very difficult to locate the lowest cost company.

It’s important to compare rates at least once a year because rates are adjusted regularly by insurance companies. Just because you had the lowest price on RAV4 EV coverage a few years ago you can probably find a better price now. Block out anything you think you know about insurance because you’re about to find out the fastest and easiest way to eliminate unnecessary coverages and save money.

Choosing the best insurance company for you is easy if you know what you’re doing. In a nutshell, every vehicle owner who has to buy insurance coverage should be able to find lower rates. But vehicle owners must know the way insurance companies compete online.

The method we recommend to compare car insurance rates utilizes the fact all the major auto insurance companies allow for online access to give rate comparisons. To start a quote, the only thing you need to do is provide details such as driver details, level of coverage desired, whether you are single or married, and how many miles driven. Your details is instantly submitted to many of the top insurers and they provide comparison quotes instantly.

Do car insurance companies bend the truth?

Car insurance providers like Allstate and Progressive consistently run ads on TV and radio. They all have a common claim that you can save if you change your coverage to them. How can each company claim to save you money? This is how they do it.

All the different companies have a preferred profile for the type of driver that makes them money. For instance, a desirable insured might be profiled as between 25 and 40, has no driving citations, and has a high credit rating. A customer getting a price quote that hits that “sweet spot” is entitled to the best price and therefore will save when switching.

Potential insureds who don’t qualify for this ideal profile will be quoted a higher premium and ends up with the customer not buying. The ad wording is “drivers who switch” not “everyone that quotes” save that much money. That’s why insurance companies can confidently advertise the savings. This emphasizes why it’s extremely important to compare many company’s rates. Because you never know which car insurance company will provide you with the cheapest Toyota RAV4 EV insurance rates.

Are you getting all your discounts?

Auto insurance companies don’t always publicize all their discounts in an easy-to-find place, so we break down both well-publicized and the harder-to-find discounts you could be receiving.

  • 55 and Retired – If you qualify as a senior citizen, you may be able to get a small decrease in premiums on RAV4 EV coverage.
  • Clubs and Organizations – Participating in a professional or civic organization is a good way to get lower rates when buying car insurance on RAV4 EV coverage.
  • One Accident Forgiven – Certain companies permit an accident without raising rates if your claims history is clear for a certain period of time.
  • Good Student Discount – Getting good grades can get you a discount of up to 25%. This discount can apply up until you turn 25.
  • Bundle and Save – If you have multiple policies with the same company you may save up to 20% off your total premium.
  • Pay Now and Pay Less – If you pay your bill all at once rather than paying monthly you can actually save on your bill.
  • Paperless Signup – A few companies will give a small break simply for signing over the internet.
  • Passive Restraints – Factory air bags or motorized seat belts can receive discounts of more than 20%.
  • Braking Control Discount – Cars that have steering control and anti-lock brakes can reduce accidents and therefore earn up to a 10% discount.

As a disclaimer on discounts, some of the credits will not apply to your bottom line cost. Most only apply to the price of certain insurance coverages like liability and collision coverage. So when the math indicates adding up those discounts means a free policy, it doesn’t quite work that way.

Insurance companies who might offer some of the above discounts are:

Check with all companies you are considering which discounts you may be entitled to. Savings might not apply in your state.

Tailor your coverage to you

When it comes to buying adequate coverage, there isn’t really a “perfect” insurance plan. Everyone’s situation is a little different and a cookie cutter policy won’t apply. For instance, these questions can help discover whether you would benefit from professional advice.

  • How much liability insurance is required?
  • What is an SR-22 filing?
  • Should I carry comprehensive and collision coverage?
  • Do I need added coverage for expensive stereo equipment?
  • Does my policy pay for OEM or aftermarket parts?
  • When should I buy a commercial auto policy?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with an agent. To find lower rates from a local agent, complete this form or click here for a list of insurance companies in your area.

Auto insurance coverage breakdown

Having a good grasp of auto insurance can help you determine the right coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and coverage can change by endorsement. These are typical coverage types offered by auto insurance companies.

Liability car insurance – Liability coverage provides protection from damages or injuries you inflict on a person or their property in an accident. This insurance protects YOU against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability coverage protects against things such as court costs, repair bills for other people’s vehicles, medical expenses, repair costs for stationary objects and structural damage. How much coverage you buy is up to you, but consider buying higher limits if possible.

Comprehensive coverage – Comprehensive insurance pays for damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for things such as a tree branch falling on your vehicle, rock chips in glass and damage from a tornado or hurricane. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Medical payments coverage and PIP – Coverage for medical payments and/or PIP provide coverage for bills such as hospital visits, nursing services, chiropractic care and funeral costs. The coverages can be utilized in addition to your health insurance policy or if you lack health insurance entirely. It covers both the driver and occupants in addition to getting struck while a pedestrian. PIP is only offered in select states but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist coverage – This provides protection when the “other guys” do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your Toyota RAV4 EV.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family.

Collision coverage – Collision insurance pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as driving through your garage door, hitting a mailbox, sideswiping another vehicle and rolling your car. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Another option is to raise the deductible to bring the cost down.

In the end, you save

When trying to cut insurance costs, make sure you don’t buy less coverage just to save a little money. There have been many cases where an accident victim reduced liability coverage limits only to discover later that it was a big error on their part. Your strategy should be to find the BEST coverage at the best price.

Cost effective 2012 Toyota RAV4 EV insurance is attainable online and with local insurance agents, so compare prices from both to have the best selection. Some insurance coverage companies do not offer you the ability to get quotes online and usually these small, regional companies provide coverage only through local independent agents.

We just covered some good ideas how you can get a better price on insurance. The key thing to remember is the more providers you compare, the higher the chance of saving money. Consumers could even find that the lowest premiums are with the smaller companies. These smaller insurers can often insure niche markets at a lower cost as compared to the big name companies such as Progressive or Geico.

To learn more, take a look at the resources below: