Who Has Cheap Insurance for a Toyota RAV4 in Virginia?

Your odds of finding cheap car insurance for a Toyota RAV4 in Virginia hinges on an enormous amount of rating factors such as if you rent or own your home, the condition of your credit, and driving citations. Virginia drivers pay an average rate of $850 every 12 months to buy Toyota RAV4 insurance, but that rate is a ballpark figure calculated based on a 30-year-old married male driver that wants full physical damage coverage and $100 physical damage deductibles.

There is a high probability that you aren’t exactly 30 years old or even a male, single instead of married, or maybe you need higher liability limits than the state minimum. Just a slight difference in input factors can make a huge difference in the amount insurance costs for a Toyota RAV4.

Each driver’s needs are different, and that demonstrates why the only real way to find cheap insurance prices for your Toyota is to do the rate comparisons yourself.

Find Cheaper Toyota RAV4 Insurance

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Virginia minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, multi-policy, and claim-free. Price information does not factor in specific zip code location which can modify price quotes considerably.

Finding out which company quotes the lowest-priced auto insurance rates for a Toyota RAV4 will involve a bit more effort in order to find coverage that fits your buget. Every car insurance company has a unique approach for determining rates, so let’s take a look at the auto insurance companies with the overall cheapest rates in Virginia.

We do need to point out that Virginia auto insurance rates are influenced by many factors which can substantially change the price you have to pay. Simply having a birthday, marrying your spouse, or getting a speeding ticket may cause policy rate changes that can now make some companies more affordable than competitors.

Find the Cheapest Auto Insurance for Your Toyota

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Travelers generally has some of the best car insurance rates in Virginia at around $653 a year. USAA, Penn National, Cincinnati Insurance, and Auto-Owners would also make the list of some of the more affordable Virginia car insurance companies.

In the rate table above, if you currently have coverage with USAA and switched to Travelers, you could see a yearly price reduction of in the neighborhood of $63. Insureds with Penn National might save as much as $87 a year, and Cincinnati Insurance customers might realize rate reductions of up to $88 a year.

If you would like to find cheap insurance for a Toyota RAV4 in Virginia, click here to begin a quote or quote prices from the following companies.

Be aware that those prices are averaged across all insureds and vehicles and are not factoring in a specific rating modification for a Toyota RAV4. So the insurer that has the cheapest rates for you may not even be featured in the list above. That’s why you need to compare rates from as many companies as possible using your own individual information.

Full coverage versus liability only rates

Finding cheap insurance for a Toyota RAV4 in Virginia is the goal of the majority of people, and an easy way to pay less for insurance is to not buy full coverage. The example below shows the comparison of insurance rates with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The price estimates are based on no violations or accidents, $100 deductibles, marital status is single, and no policy discounts are applied.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $100 Deductibles’, ‘Liability Only’],[‘Age 20’, 3013,921],[‘Age 30’, 1559,509],[‘Age 40’, 1549,471],[‘Age 50’, 1405,441],[‘Age 60’, 1359,435],[‘Age 70’, 1649,579]]);var options = {title: ‘Full Coverage Rates Compared to Liability Only Rates’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Insurance Cost for a Toyota RAV4 in Virginia’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

Averaged for all ages 20 through 70, full coverage on your policy costs $1,756 per year more than just buying liability insurance. That may make you wonder if buying full coverage is a waste of money. There is no definitive formula of when to stop paying for comprehensive and collision coverage on your policy, but there is a general convention. If the annual cost of coverage is more than around 10% of the settlement you would receive from your company, then it may be the right time to buy liability only.

Why you should be comparing rates

Virginia auto insurance rates are based on many factors which can substantially decrease or increase the price you pay. Turning one year older, having a teen driver, or having a fender bender can trigger rate changes resulting in some rates now being more affordable than competitors.

Not only may your situation change, but auto insurance companies file new rates every year as an adjustment for underwriting gains or losses. Higher than usual claims can cause rate increases, while less frequent claims may produce more affordable RAV4 insurance rates.

The bar chart below analyzes the cheapest car insurance in Virginia for a 30-year-old male driver with a clear driving record, no claims, and a good credit rating. When comparing rates based on his current risk profile, Travelers may offer the best car insurance rates in Virginia at $679 annually. This is $479 less than the average policy premium paid by Virginia drivers of $1,158. USAA, Penn National, Cincinnati Insurance, and Auto-Owners are the remaining most affordable Virginia auto insurance companies.

google.charts.setOnLoadCallback(drawVAWitcqcibChart);function drawVAWitcqcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }],[‘Travelers’, 679, ‘#659500’],[‘USAA’, 709, ‘#547C00’],[‘Penn National’, 718, ‘#466700’],[‘Cincinnati Insurance’, 763, ‘#3A5500’],[‘Auto-Owners’, 765, ‘#304600’]]);var options = {title: ‘Cheapest Insurance for a Toyota RAV4’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 300,’chartArea’: {left:0,top:50,’width’: ‘100%’, ‘height’: ‘70%’},bar: {groupWidth: “90%”},legend: {position: ‘none’},vAxis: {viewWindowMode:’explicit’,viewWindow:{max:865,min:0}}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});var view = new google.visualization.DataView(data);view.setColumns([0, 1,{ calc: “stringify”,sourceColumn: 1,type: “string”,role: “annotation” },2]);formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.ColumnChart(document.getElementById(‘qcibwitc’));chart.draw(view, options);}

In this example, we will give the driver from the above example some claims, less-than-perfect credit, and an imperfect driving record. Because every insurance company has their own process for filing rates in each state, analyzing rate quotes could now result in a slightly different list of the cheapest Virginia car insurance companies as shown below.

google.charts.setOnLoadCallback(drawVAWcqcibChart);function drawVAWcqcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }],[‘The Hartford’, 863.5, ‘#FF8E00’],[‘Erie’, 893.2, ‘#D47600’],[‘Virginia Farm Bureau’, 917.4, ‘#B06200’],[‘Donegal Mutual’, 965.8, ‘#925100’],[‘Nationwide’, 1059.3, ‘#794300’]]);var options = {title: ‘Car Insurance Rates with Claims and Violations’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 300,’chartArea’:{left:0,top:50,’width’: ‘100%’, ‘height’: ‘70%’},bar: {groupWidth: “90%”},legend: {position: ‘none’},vAxis: {viewWindowMode:’explicit’,viewWindow:{max:1159.3,min:0}}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});var view = new google.visualization.DataView(data);view.setColumns([0, 1,{ calc: “stringify”,sourceColumn: 1,type: “string”,role: “annotation” },2]);formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.ColumnChart(document.getElementById(‘qcibwc’));chart.draw(view, options);}

The Hartford now has the cheapest auto insurance in Virginia with Erie, Virginia Farm Bureau, Donegal Mutual, and Nationwide completing the list. This example illustrates why it is important to do a thorough rate comparison to get cheap auto insurance quotes for a Toyota RAV4. Rates are influenced by many factors and can change substantially, so the best price the last time you compared rates may now be one of the higher cost companies.

Find cheap insurance for a Toyota RAV4 in Virginia

It’s not impossible to find cheaper rates, and here are a few penny-pinching ideas that can help you get the cheapest auto insurance.

• Do not get traffic violations
• Buying home and auto together can help save money
• Avoid preventable accidents
• Buy a car with high safety ratings
• Save money by staying claim-free
• Comparison shop frequently

The last tip is extremely important, as we stressed in the prior article. Insurance rates can be adjusted at any time, so drivers shouldn’t be reluctant to change to a new company if a better rate can be found. Brand loyalty is great, but it isn’t a good idea if that inflexibility results in costing you potentially thousands of dollars a year. Take a couple minutes and shop around to find cheaper car insurance for a Toyota RAV4.