Finding cheap auto insurance for a Toyota RAV4 doesn't take too much effort, but it is dependent upon a lot of things such as how you use your RAV4, if you have recent claims, and if you have a history of accidents. Indiana drivers pay around $842 a year for RAV4 insurance, but that amount is an estimate using a 30-year-old married male driver with full comprehensive and collision coverage and $250 deductibles.
More likely than not, you are not 30 and maybe not even a male, you might be single instead of married, or maybe you have a speeding ticket that needs to be factored in. This example demonstrates why the best method for finding the cheapest coverage for your Toyota is to compare as many rates as you can. Compare rate quotes now and you will receive price comparisons from some of the cheapest companies that insure Toyota vehicles in Indiana.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|RAV4 Sport 2WD||$216||$366||$280||$16||$84||$962||$80|
|RAV4 Limited 2WD||$216||$366||$280||$16||$84||$962||$80|
|RAV4 Limited 4WD||$216||$366||$280||$16||$84||$962||$80|
|RAV4 Limited 4WD||$216||$366||$280||$16||$84||$962||$80|
|RAV4 Sport 4WD||$216||$366||$280||$16||$84||$962||$80|
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Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Indiana minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, homeowner, and multi-vehicle. Estimates do not factor in specific location information which can decrease or increase insurance rates substantially.
Locating cost effective car insurance is hard enough, and deciding which companies have the most affordable auto insurance rates for a Toyota RAV4 in Indiana calls for a little more work. Every insurance provider has a unique formula to set policy rates, so let's rank the most competitive auto insurance companies in Indiana.
Cheap Insurance Rates for Your Toyota
|Rank||Company||Cost Per Year|
|6||Indiana Farmers Mutual||$875|
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Travelers generally has some of the cheapest car insurance rates in Indiana at around $614 each year. Cincinnati Insurance, USAA, Erie, and Western Reserve are also some of the best Indiana insurance companies.
As shown in the rates above, if you buy coverage from USAA and switched to Travelers, you could earn a yearly price reduction of approximately $53. Drivers with Erie may save as much as $119 a year, and Western Reserve policyholders might realize rate reductions of up to $250 a year.
To discover how much you can save, click here to begin a quote or click several companies below for low rates.
Remember that these policy prices are averages across all types of drivers and the different vehicles they drive and and are not calculated with a specific rate value for a Toyota RAV4. So the company that is most affordable for your situation may not even be in the top 36 companies in the list above. That's why you need to quote rates from many companies using your own personal information and vehicle type.
Get discount Indiana auto insurance
Auto insurance companies that offer quotes for a Toyota RAV4 may provide policy discounts that may potentially lower prices by as much as 30% if you meet the requirements. Larger auto insurance companies and a partial list of their discounts are included below.
- American Family may offer discounts for bundled insurance, Steer into Savings, air bags, multi-vehicle, early bird, good student, and mySafetyValet.
- Nationwide may include discounts for multi-policy, business or organization, good student, Farm Bureau membership, family plan, and anti-theft.
- MetLife offers premium reductions for accident-free, multi-policy, defensive driver, claim-free, good driver, good student
- 21st Century includes discounts for homeowners, 55 and older, automatic seat belts, teen driver, anti-lock brakes, and defensive driver.
- Farmers Insurance offers discounts including bundle discounts, alternative fuel, youthful driver, good student, teen driver, and pay in full.
- Allstate has discounts for resident student, utility vehicle, anti-theft, teenSMART discount, and 55 and retired.
The chart below compares insurance prices with and without discounts applied to the premium. The rate quotes are based on a male driver, no driving violations, no at-fault accidents, Indiana state minimum liability limits, comp and collision included, and $1,000 deductibles.
The first bar for each age group shows the price with no discounts. The second shows the rates with claim-free, anti-theft, defensive driving course, multiple vehicle, marriage, and safe-driver discounts applied. When these discounts are applied, theaverage yearly reduction on auto insurance for a Toyota RAV4 is 28% or $388.
Rate increases following a ticket or accident
The ideal way to enjoy the most affordable auto insurance prices for a RAV4 is to drive safe and not have accidents or get tickets. The information below shows how violations and at-fault fender-benders can drive up auto insurance rates for each age group. The prices are based on a single female driver, full coverage, $500 deductibles, and no discounts are factored in.
In the chart above, the average cost of an auto insurance policy per year with no violations or accidents is $1,497. Add in two speeding tickets and the average cost increases to $2,000, an increase of $503 each year. Now get one accident along with the two speeding tickets and the 12-month cost of auto insurance for a Toyota RAV4 in Indiana goes up to an average of $2,508. That's an increase of $1,011, or $84 per month, just for not being attentive to the road!
How to find more affordable insurance for a Toyota RAV4 in Indiana
Lowering your rates is not difficult, and here are some of the recommended money-saving solutions that can help drivers get cheap coverage.
- Good credit can mean cheaper rates
- Buy a car with high safety ratings
- Prevent price hikes by avoiding at-fault accidents
- Raise comprehensive and collision coverage deductibles
- Keep your driving record clean
- Compare rates often to find the best deal
That last tip is notably significant, as we stressed in this article. Car insurance prices can change in a short period of time, so don't hesitate to buy from a different company if a lower price can be found. Having a favorite company is fine, but it isn't a good idea if that loyalty results in overpaying lots of hard earned cash every month. Take a couple minutes and shop around and find cheaper auto insurance for a Toyota RAV4.