Cheap Insurance for a Toyota RAV4 in Connecticut

The likelihood of finding cheaper car insurance for a Toyota RAV4 in Connecticut hinges on many factors like driver age, if you currently have coverage, and any prior driving citations you have received. Connecticut drivers pay on average $800 each year for RAV4 insurance, but that amount is an approximation rating a 30-year-old married male that purchased full physical damage coverage and $1,000 physical damage deductibles.

There is a high likelihood that you’re not a 30-year-old male, you might be single instead of married, or you want lower deductibles. Each driver has unique rating factors, so the best method for finding cheap car insurance rates for your Toyota is to compare as many rates as possible. To start saving now, get free quotes and you will receive rate quotes from some of the best companies that insure vehicles in Connecticut.

Find Cheaper Toyota RAV4 Insurance

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Connecticut minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, safe-driver, and multi-vehicle. Premium amounts do not factor in specific zip code location which can raise or lower premiums greatly.

Choosing a good quality company can be challenging considering how many companies sell insurance in Connecticut. The rank data displayed below could help you decide which insurers you want to consider comparing rates from.

The rankings below include insurance companies that insure vehicles in the majority of U.S. states, so companies that focus mainly on Connecticut business are not taken into consideration for these rankings. To compare rates from these top-rated insurers and more, click this link.

Rate comparison of full coverage and liability-only

Finding cheap insurance for a Toyota RAV4 in Connecticut should be important to the majority of vehicle owners, and a great way to buy cheaper insurance is to only pay for liability coverage. The diagram below visualizes the comparison of car insurance rates with full phyical damage coverage and with liability coverage only. The prices are based on no tickets, no at-fault accidents, $1,000 deductibles, single status, and no policy discounts are applied.

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On average, comp and collision coverage costs $1,713 per year more than just buying liability only. That amount may make you wonder if paying for full coverage is a waste of money. There is no exact rule of when to exclude comprehensive and collision coverage on your policy, but there is a broad guideline. If the yearly cost for physical damage coverage is more than around 10% of the vehicle’s replacement cost less your deductible, then it’s probably a good time to buy liability coverage only.

For example, let’s say your vehicle’s book value is $7,500 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most your company would pay you is $6,500 after the policy deductible has been paid. If it’s costing in excess of $650 a year for comprehensive and collision coverage, then it might be time to consider dropping full coverage.

There are some cases where dropping physical damage coverage is not financially feasible. If you still have a loan on your vehicle, you have to keep full coverage as part of the loan requirements. Also, if you don’t have enough money to buy a different vehicle if your current one is totaled, you should not buy liability only.

Is State Farm, Progressive, Allstate, or Geico cheaper?

If you want the best auto insurance, four companies you’ll want quotes from are State Farm, Progressive, Allstate, and Geico. The table below illustrates some of the different features that you can purchase from each one.