Toyota Rav4 Insurance Rates in Irvine

How many times have you told yourself to find more affordable Toyota Rav4 insurance in Irvine? Sick and tired of not being able to afford to pay high auto insurance rates every month? You’re in the same situation as most other vehicle owners in California.

It’s easy to assume that car insurance companies don’t want you to look for cheaper rates. People who do rate comparisons will presumably switch to a new company because there is a good probability of finding a policy with better rates. A study discovered that consumers who made a habit of comparing rates saved an average of $72 a month as compared to drivers who don’t make a habit of comparing rates.

If saving money on car insurance in Irvine is your objective, learning how to choose a company and compare auto insurance can make it simple to find affordable coverage. Many auto insurance companies vie to insure your vehicles, and because of this it can be hard to compare car insurance companies to find the absolute lowest cost out there.

All the larger car insurance companies provide prices for coverage on the web. Obtaining pricing for Toyota Rav4 insurance in Irvine doesn’t take a lot of time as you just type in your coverage information into a form. After you complete the form, the quote system will obtain reports for credit and driving violations and returns a price. This makes it easy to compare insurance prices and it’s very important to have as many quotes as possible if you are searching for the cheapest price on car insurance.

To save time and use this form to compare rates, compare rate quotes from the providers shown below. To compare your current rates, we recommend you copy deductibles and limits exactly as shown on your declarations page. Doing this guarantees you will get a fair comparison for similar coverage.

The following companies provide price comparisons in Irvine, CA. If multiple companies are listed, we recommend you click on several of them to get a more complete price comparison.

Premium rates and analysis

The price information shown next highlights estimates of coverage costs for Toyota Rav4 models. Being more informed about how insurance premiums are figured helps drivers make smart choices when selecting a coverage provider.

Data rating is based on single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Table data does not factor in specific location information which can affect premium rates noticeably.

Deductible comparison

When shopping for car insurance, a common question is how high should your deductibles be. The comparison tables below illustrate the rate difference when you select higher and lower comp and collision deductibles. The first set of prices uses a $250 deductible and the second price table uses a $500 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Price information does not factor in specific location which can increase or decrease auto insurance rates noticeably.

Based on the data above, we can derive that using a $250 deductible will cost you roughly $17 more each month or $204 each year than quoting the higher $500 deductible. Since the policyholder would be required to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you have more than 15 months between claim filings, you would come out ahead if you opt for a higher deductible. The table below shows the way this calculation is made.

An important thing to remember is that raising deductibles means you will have to pay more of your own money at claim time. You should have enough extra money in the event you need to pay the higher deductible in order to repair your vehicle.

Toyota Rav4 annual premiums for males versus females

The information below compares Toyota Rav4 insurance costs for male and female drivers. The premiums are based on no claims or violations, comprehensive and collision coverage, $250 deductibles, drivers are single, and no discounts are applied to the premium.

Full coverage rates vs. liability-only in Irvine

The illustration below shows the difference between Toyota Rav4 auto insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in California. The premiums are based on no tickets, no at-fault accidents, $500 deductibles, marital status is single, and no policy discounts are applied.

Are you wasting money paying for full coverage?

There is no specific rule for eliminating physical damage coverage on your policy, but there is a broad guideline. If the annual cost of coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then it could be time to drop full coverage.

For example, let’s assume your Toyota Rav4 book value is $5,000 and you have $1,000 deductibles. If your vehicle is severely damaged, you would only receive $4,000 after paying your deductible. If you are paying over $400 a year for full coverage, then you may need to consider dropping full coverage.

There are a few cases where dropping full coverage is not a good idea. If you still have a lienholder on your title, you have to carry full coverage as part of the loan conditions. Also, if you don’t have enough money to buy a different vehicle if your current one is totaled, you should not drop full coverage.

Why you need auto insurance

Despite the high cost, auto insurance is a good idea for several reasons.

First, almost all states have mandatory liability insurance requirements which means state laws require a specific level of liability insurance if you drive a vehicle. In California 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 have a lien on your Rav4, it’s most likely the lender will force you to carry insurance to guarantee their interest in the vehicle. If coverage lapses or is canceled, the lender may have to buy a policy to insure your Toyota at a much higher premium rate and force you to pay the higher price.

Third, insurance protects both your assets and your car. Insurance will also pay for medical expenses for you, your passengers, and anyone else injured in an accident. One of the most valuable coverages, liability insurance, also covers all legal expenses up to the policy limit if you are named as a defendant in an auto accident. If you have damage to your Toyota as the result of the weather or an accident, comprehensive (other-than-collision) and collision coverage will pay all costs to repair after the deductible has been paid.

The benefits of insuring your Rav4 more than offset the price you pay, especially for larger claims. Unknowingly, the average driver is overpaying over $750 every year so you should quote your policy with other companies at every renewal to be sure current rates are still competitive.

Learn How to Lower Your Insurance Premiums

A large part of saving on insurance is knowing the rating factors that go into determining your insurance rates. When consumers understand what controls the rates you pay, this enables you to make decisions that may reward you with lower insurance prices.

The list below includes a few of the things used by your company to calculate your prices.

High policy claims frequency drives up prices – If you are a frequent claim filer, you can look forward to either a policy non-renewal or much higher rates. Auto insurance companies in California award cheaper rates to drivers who file claims infrequently. Auto insurance is intended to be relied upon for the large, substantial claims.

City traffic equals higher rates – Residing in a rural area may provide you with better prices when talking about insurance. Drivers in populated areas tend to have more auto accidents and longer commute times. Fewer drivers and short commutes translates into fewer accidents in addition to lower liability claims.

Credit history impact insurance costs – Credit rating can be an important factor in determining what you pay for insurance. People with high credit ratings tend to be better risks to insure than those with lower credit scores. So if your credit history can be improved, you may save money insuring your Toyota Rav4 by spending a little time repairing your credit.

Adjust deductibles and save – Physical damage coverage, otherwise known as comp (or other than collision) and collision, protects your Toyota from damage. Some coverage claims could be a dented fender, collision with an animal, and windstorm damage. Deductibles for physical damage state the amount of money you are willing to pay out-of-pocket if a covered claim is submitted. The more money you are required to pay out-of-pocket, the less your company will charge you for insurance.

Companies offer lots of discounts on Toyota Rav4 insurance in Irvine

Auto insurance companies do not advertise every available discount in a way that’s easy to find, so the following list contains both the well known and the more hidden discounts that you may qualify for.

• Telematics Devices – Policyholders that allow data collection to track where and when they drive remotely such as State Farm’s In-Drive could save a few bucks if their driving habits are good.
• Payment Method – If you pay your bill all at once instead of monthly or quarterly installments you can avoid the installment charge.
• ABS and Traction Control Discounts – Cars that have anti-lock braking systems can avoid accidents and qualify for as much as a 10% discount.
• Multi-policy Discount – If you insure your home and vehicles and insure them with the same company you may earn up to 20% off your total Rav4 insurance premium.
• Multiple Cars – Buying a policy with more than one vehicle on a single policy can reduce the rates for all insured vehicles.
• Multi-line Discount – If the company offers life insurance, you could get better rates if you take out a life insurance policy as well.

As a footnote on discounts, most credits do not apply to all coverage premiums. Some only reduce the cost of specific coverages such as liability and collision coverage. So when the math indicates you could get a free insurance policy, it just doesn’t work that way.

The chart below illustrates the difference between Toyota Rav4 auto insurance rates with and without discounts applied to the policy rates. The price estimates are based on a male driver, a clean driving record, no at-fault accidents, California state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-policy, marriage, multi-car, claim-free, and homeowner discounts applied.

Some companies who might offer most of these discounts include:

• State Farm
• Farmers Insurance
• Progressive
• GEICO
• Auto-Owners Insurance
• The Hartford
• Farm Bureau
• USAA

If you want affordable Toyota Rav4 insurance quotes, ask all companies you are considering which credits you are entitled to. All car insurance discounts may not be offered everywhere. If you would like to see a list of insurance companies who offer online Toyota Rav4 insurance quotes in Irvine, click here.

Compare prices but still have a local Irvine insurance agency

Many drivers just prefer to have an agent’s advice and that is a personal choice. Experienced insurance agents are trained risk managers and help submit paperwork. One of the great benefits of comparing insurance prices online is the fact that drivers can get cheaper premium rates but still work with a licensed agent. And providing support for local agencies is especially important in Irvine.

Upon completion of this quick form, the quote information is immediately sent to companies in Irvine that can provide free Irvine car insurance quotes and help you find cheaper coverage. It simplifies rate comparisons since you won’t have to drive around since rate quotes are delivered to you. If for some reason you want to get a rate quote from a specific company, feel free to go to their quote page and submit a quote form there.

When searching for a local agent, it helps to know the two types of agencies and how they are distinctly different. Agencies in Irvine can be classified as either exclusive or independent. Either one can properly insure your vehicles, but it’s worth mentioning how they differ because it may have an impact on your agent selection.

Independent Agencies or Brokers

Agents that choose to be independent are not limited to a single company so they can insure your vehicles with many different companies and find the cheapest rate. To transfer your coverage to a different company, your agent can just switch to a different company and you stay with the same agent.

If you need lower rates, you will definitely want to compare prices from multiple independent agents so that you have a good selection of quotes to compare.

Below is a list of independent insurance agents in Irvine that may be able to provide price quotes.

View more Irvine agents

Exclusive Car Insurance Agents

Agents that elect to be exclusive can usually just insure with one company and examples are Allstate and State Farm. These agents are not able to shop your coverage around so they really need to provide good service. Exclusive agencies are well schooled on their company’s products and that allows them to sell at a higher price point.

Listed below are exclusive insurance agents in Irvine who can help you get rate quotes.

View more Irvine agents

Finding the right insurance agent shouldn’t rely on just a low price. Any agent in Irvine should be willing to answer these questions.

• Do you qualify for any additional discounts?
• What insurance companies do they recommend if they are an independent agent?
• Is vehicle mileage a factor when determining depreciation for repairs?
• How much can you save by raising your physical damage deductibles?
• How are they compensated?

More quotes mean more car insurance savings

When buying insurance coverage, make sure you don’t buy lower coverage limits just to save a few bucks. There are many occasions where drivers have reduced liability limits or collision coverage only to discover later they didn’t have enough coverage. Your goal is to find the BEST coverage at the lowest possible cost.

Some car insurance companies may not have the ability to get quotes online and many times these smaller providers only sell through independent insurance agencies. Discount Toyota Rav4 insurance is available on the web in addition to many Irvine insurance agents, and you need to comparison shop both to have the best rate selection.

How to find discount Toyota Rav4 insurance in Irvine

The best way we recommend to save money on Toyota Rav4 insurance in Irvine is to do a yearly price comparison from different companies who provide auto insurance in California.

Step 1: Read about policy coverages and the factors you can control to lower rates. Many rating criteria that cause rate increases such as inattentive driving and a less-than-favorable credit history can be remedied by being financially responsible and driving safely.

Step 2: Obtain price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only give rate quotes from a single company like GEICO and State Farm, while independent agencies can give you price quotes from many different companies. Select a company

Step 3: Compare the new rate quotes to the price on your current policy and determine if there is any savings. If you find a lower rate quote and make a switch, make sure coverage does not lapse between policies.

Step 4: Provide written notification to your current company to cancel your current auto insurance policy. Submit any necessary down payment along with the completed application to the new company. Once the paperwork is finalized, keep the new proof of insurance paperwork along with your vehicle registration.

The key thing to remember is that you’ll want to compare the same level of coverage on each price quote and and to compare as many companies as possible. This guarantees a fair rate comparison and maximum price selection.

Additional car insurance information can be found at these links:

• Determining Auto Insurance Rates (GEICO)
• How Much are Irvine Car Insurance Quotes for a School Permit? (FAQ)
• Who Has Affordable Car Insurance Rates for Drivers with Accidents in Irvine? (FAQ)
• Who Has the Cheapest Car Insurance Rates for Seniors in Irvine? (FAQ)
• Rental Car Insurance Tips (Insurance Information Institute)
• Protecting Teens from Drunk Driving (Insurance Information Institute)