Toyota Rav4 Insurance Quotes in Philadelphia

When trying to find more affordable insurance, are you confused by the crazy number of car insurance providers in your area? You have so many providers to choose from that it can easily become hard work to find lower car insurance rates on Toyota Rav4 insurance. Philadelphia is an awesome place to live, but expensive car insurance can make it impossible to pay for enough car insurance coverage.

Shocking but true, the vast majority of car insurance customers have remained with the same car insurance company for over three years, and almost half have never compared car insurance rates at all. Pennsylvania drivers could save an average of as much as 55% each year just by comparing rates, but they just don’t understand how easy it is to save money by comparing rate quotes.

It’s a great practice to get comparison quotes occasionally because car insurance prices are usually higher with each renewal. Despite the fact that you may have had the best deal on Toyota Rav4 insurance in Philadelphia a couple years back other companies may now be cheaper. You can search a lot of Rav4 insurance on the internet, but by reading this article, you’re going to learn some tested techniques to lower your car insurance bill.

How to compare Philadelphia Toyota Rav4 insurance price quotes

To find more affordable rates, there are a couple of ways to compare prices from auto insurance companies in your area. The simplest method to compare rates consists of shopping online.

When quoting auto insurance, remember that comparing a large number of companies will increase your chances of finding the best offered rates. Some companies don’t provide rate quotes online, so it’s necessary to compare prices from them, too.

The providers in the list below have been selected to offer free quotes in Pennsylvania. If multiple companies are listed, we suggest you visit as many as you can to get a more complete price comparison.

It may be expensive, but it’s not optional

Despite the potentially high cost of Toyota Rav4 insurance, insurance serves an important purpose.

First, the majority of states have minimum liability requirements which means it is punishable by state law to not carry specific minimum amounts of liability insurance in order to license the vehicle. In Pennsylvania these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.

Second, if you took out a loan on your car, it’s most likely the lender will stipulate that you have full coverage to ensure loan repayment if the vehicle is totaled. If you default on your policy, the lender may have to buy a policy to insure your Toyota at a more expensive rate and make you pay a much higher amount than you were paying before.

Third, insurance protects both your Toyota Rav4 and your assets. It also can pay for many types of medical costs for you, your passengers, and anyone else injured in an accident. Liability insurance will also pay to defend you if someone files suit against you as the result of an accident. If you have damage to your Toyota as the result of the weather or an accident, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage.

The benefits of insuring your car definitely exceed the price paid, specifically if you ever have a liability claim. According to a survey of 1,000 drivers, the average driver overpays as much as $865 each year so compare rates once a year at a minimum to help ensure money is not being wasted.

Premium rates and analysis

The rate information shown next showcases estimates of coverage prices for Toyota Rav4 models. Being more informed about how insurance prices are figured can benefit drivers when making smart choices when purchasing an insurance policy.

Above prices assume married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Pennsylvania minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Price estimates do not factor in Philadelphia location which can affect price quotes significantly.

Impact of citations and accidents on insurance rates

The information below shows how speeding tickets and at-fault fender-benders raise Toyota Rav4 annual premium costs for each age group. The rates are based on a married male driver, comprehensive and collision coverage, $1,000 deductibles, and no other discounts are factored in.

Price comparison of only insuring for liability

The illustration below shows the difference between Toyota Rav4 annual premium costs with liability coverage only compared to full coverage. Data assumes a clean driving record, no claims, $1,000 deductibles, marital status is single, and no policy discounts are applied.

When to switch to liability coverage only

There is no definitive guideline for dropping comprehensive and collision coverage on your policy, but there is a general school of thought. If the yearly cost of full coverage is more than 10% of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.

For example, let’s assume your Toyota Rav4 settlement value is $9,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, you would only receive $8,000 after you pay the deductible. If premiums are more than $800 annually for comprehensive and collision coverage, then it’s probably a good time to buy liability coverage only.

There are a few situations where only buying liability is not a good idea. If you haven’t paid off your loan, you are required to maintain full coverage in order to prevent your loan from defaulting. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should maintain full coverage.

Insurance policy discounts you can’t miss

Some companies do not advertise all discounts in a way that’s easy to find, so the below list has a few of the more well known as well as some of the hidden credits that you can use to lower your rates.

• Club Memberships – Being in qualifying clubs or civic groups could earn you a nice discount on your next insurance statement.
• Include Life Insurance and Save – Larger insurance companies have better insurance rates if you take out life insurance.
• Low Miles Discount – Driving less can qualify you for cheaper rates.
• Homeowners Savings – Being a homeowner can save you money since home ownership is proof that your finances are in order.
• Accident Free – Insureds who avoid accidents and claims can save substantially in comparison to bad drivers.
• Anti-lock Brakes – Cars equipped with ABS or steering control can avoid accidents and the ABS can save up to 10%.
• Discounts for Seat Belt Usage – Drivers who require all occupants to buckle up could cut 10% or more off PIP or medical payments premium.
• Savings for New Vehicles – Putting insurance coverage on a new Rav4 can cost up to 25% less because new model year vehicles are generally safer.
• Good Students Pay Less – A discount for being a good student can save 20 to 25%. Many companies even apply the discount to college students up until you turn 25.
• Lower Rates for Military – Being on active duty in the military may qualify for rate reductions.

Just know that most discounts do not apply to the whole policy. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. Despite the appearance that you could get a free insurance policy, it’s just not the way it works.

The diagram below compares Toyota Rav4 insurance costs with and without discounts applied. The rate quotes are based on a female driver, no claims or driving citations, Pennsylvania 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 multi-policy, safe-driver, marriage, claim-free, multi-car, and homeowner discounts applied.

Auto insurance companies that may have these money-saving discounts may include but are not limited to:

• State Farm
• Liberty Mutual
• American Family
• Progressive
• Farmers Insurance
• Auto-Owners Insurance
• SAFECO

It’s a good idea to ask every insurance company which credits you are entitled to. Some credits might not apply everywhere. If you would like to view providers with significant discounts in Philadelphia, follow this link.

Can’t I compare rate quotes from local Philadelphia insurance agencies?

Certain consumers would rather buy from a licensed agent and that can be a smart move A nice benefit of getting online price quotes is the fact that drivers can get cheap insurance rates but also keep your business local. And providing support for neighborhood agents is still important in Philadelphia.

For easy comparison, once you complete this short form, the coverage information is instantly submitted to insurance agents in Philadelphia that can provide free Philadelphia car insurance quotes for your business. You don’t have to even leave your home since rate quotes are delivered directly to your email. You can find better rates without a big time investment. In the event you want to get a comparison quote from a specific insurance provider, you just need to navigate to their website and give them your coverage information.

Deciding on an provider requires more thought than just the premium amount. These are some questions you should get answers to.

• Will they take your side in the event of a claim?
• If you are a high risk driver, do they have special markets for your coverage?
• Do they offer claims assistance after hours?
• When do they do a full risk review?
• Do you qualify for any additional discounts?

Upon receiving answers to your satisfaction to your questions as well as cheap Rav4 insurance quotes, most likely you have located an provider that is reputable and can adequately provide insurance.

Car insurance coverage information

Learning about specific coverages of your insurance policy can help you determine the best coverages and proper limits and deductibles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.

Comprehensive insurance – This coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like theft, hitting a bird, falling objects and a tree branch falling on your vehicle. The maximum payout your insurance company will pay is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Collision coverage – Collision insurance will pay to fix damage to your Rav4 resulting from a 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 claims like crashing into a building, sideswiping another vehicle, backing into a parked car and damaging your car on a curb. This coverage can be expensive, so consider dropping it from older vehicles. You can also bump up the deductible on your Rav4 to save money on collision insurance.

Coverage for medical expenses – Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses such as pain medications, prosthetic devices, hospital visits and surgery. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Coverage for uninsured or underinsured drivers – Your UM/UIM coverage provides protection from other motorists when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and damage to your Toyota Rav4.

Since a lot of drivers carry very low liability coverage limits (which is 15/30/5), their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Normally these limits are similar to your liability insurance amounts.

Auto liability insurance – Liability insurance can cover damages or injuries you inflict on other people or property in an accident. It protects YOU from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 15/30/5 that translate to $15,000 in coverage for each person’s injuries, $30,000 for the entire accident, and a limit of $5,000 paid for damaged property. Occasionally you may see a combined limit which combines the three limits into one amount without having the split limit caps.

Liability coverage pays for claims like court costs, bail bonds, structural damage, attorney fees and repair bills for other people’s vehicles. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford. Pennsylvania state law requires minimum liability limits of 15/30/5 but you should think about purchasing more liability than the minimum.

The illustration below shows why minimum state limits may not be enough coverage.

One last note

When buying insurance coverage, it’s very important that you do not sacrifice coverage to reduce premiums. There are too many instances where someone sacrificed comprehensive coverage or liability limits only to regret that saving that couple of dollars actually costed them tens of thousands. Your objective should be to get the best coverage possible at the best possible price and still be able to protect your assets.

We just showed you a lot of ways to reduce Toyota Rav4 insurance premium rates online in Philadelphia. It’s most important to understand that the more rate quotes you have, the better your chances of lowering your prices. Drivers may even discover the most savings is with an unexpected company.

Cheaper car insurance in Philadelphia is attainable from both online companies and also from your neighborhood Philadelphia agents, so get free Philadelphia car insurance quotes from both of them to have the best selection. Some companies may not have the ability to get quotes online and usually these small, regional companies only sell through local independent agents.

More detailed car insurance information can be read in these articles:

• What is Full Coverage? (Allstate)
• How Much is Philadelphia Auto Insurance for Drivers Over Age 50? (FAQ)
• Event Data Recorders FAQ (iihs.org)
• Steps to Take After an Auto Accident (Insurance Information Institute)