How Much are Insurance Quotes for a Toyota RAV4 in Kentucky?

Our editors always tell us that when writing about car insurance, the word “cheap” should never be used anywhere to describe car insurance prices. Sad but true, cheap car insurance for a Toyota RAV4 is almost non-existent. But don’t despair, because we are going to show you how you can still find and buy insurance that won’t break your budget.

The odds of finding cheaper insurance for a Toyota RAV4 in Kentucky depends upon factors such as how far you commute, if you are currently insured, and your driving record. Drivers on average pay around $900 a year to insure a RAV4, but that is an estimation that uses rate data for a 30-year-old single male driver who needs full comprehensive and collision coverage and $1,000 policy deductibles.

Chances are that rate is not what you would pay, because most likely you are not a 30-year-old male, you might be married instead of single, or maybe you’re a renter instead of a homeowner. There is no “one size fits all” policy, so your best chance at finding cheap insurance rates for your Toyota is to shop around at every renewal for lower rates. Do a quick rate comparison now and you can get rates from the best auto insurance companies that insure Toyota vehicles in Kentucky.

Compare Rates and Save

Data variables include single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Kentucky minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Information does not factor in the specific area where the vehicle is garaged which can affect rates significantly.

Picking the right auto insurance company is hard considering how many companies are available to choose from in Kentucky. The company ratings in the next section may help you decide which companies you want to consider comparing rates from. These rankings include companies that insure vehicles across America, so smaller companies are not taken into consideration for the list.

Top 10 Large Auto Insurance Companies in Kentucky Ranked by Customer Satisfaction

1. USAA – 91%
2. AAA Insurance – 90%
3. Esurance – 90%
4. Nationwide – 89%
5. Travelers – 88%
6. Progressive – 88%
7. Safeco Insurance – 88%
8. State Farm – 88%
9. Allstate – 88%
10. The Hartford – 87%

Top 10 Large Auto Insurance Companies in Kentucky Ranked by Value

1. Travelers
2. American Family
3. AAA Insurance
4. Safeco Insurance
5. Progressive
6. The Hartford
7. Erie Insurance
8. The General
9. Esurance
10. 21st Century

Top Companies for Toyota RAV4 Insurance in Kentucky

Comparison of full coverage and liability-only policies

Finding cheap insurance for a Toyota RAV4 in Kentucky is probably important to most vehicle owners, and an effective way to lower the cost of insurance is to not pay for full coverage. The information below shows the comparison of car insurance rates when comparing full coverage to liability only. The information is based on no claims or violations, $500 deductibles, drivers are single, and no discounts are applied to the premium.

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If we average the cost for all age groups, comprehensive and collision coverage on your policy costs an additional $1,823 per year over liability only. Many people question if it’s a good idea to buy full coverage. There is no exact rule to delete comp and collision coverage, but there is a general guideline. If the yearly cost of full coverage is more than around 10% of the vehicle’s replacement cost less your deductible, then it could be time to drop full coverage.

There are a few situations where dropping physical damage coverage is not recommended. If you still owe money on your vehicle, you are required to maintain full coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle in the even your car is totaled, you should not consider dropping full coverage.

How to get cheap insurance for a Toyota RAV4 in Kentucky

Here are a few penny-pinching solutions that can help drivers get lower-cost coverage.

• On older vehicles, drop full coverage
• Save money by bundling your home and auto policies
• Good credit can mean cheaper rates
• Avoid filing excessive claims
• Higher physical damage deductibles lower rates
• Buy a safer vehicle
• Shop around once a year for cheaper rates

The last suggestion is very valuable, as we noted in this write-up. Prices go up and down frequently, so you should be ready to switch companies if you can find a cheaper rate. Having a favorite company is fine, but it’s not a good idea if that devotedness results in you overpaying a considerable chunk of change every month. In just a couple of minutes you could compare rates to find cheaper car insurance for a Toyota RAV4.

Cheap Toyota RAV4 insurance quotes

Drivers have many ways to find cheaper auto insurance in Kentucky, but the most common methods are using a captive (or exclusive) agency like State Farm or Allstate, an independent agent, or direct from companies such as Progressive or Geico. Each way is similar, but it’s important to point out the distinctions in how they work.

Independent insurance agents have contracts with multiple insurance companies and can compare coverage rates with each one. These types of agents are appointed with more than one company and can provide you with more rate quotes, which may give you better odds of saving money. If your premiums go up, the business is moved internally which makes it easier to save money.

An agent who is captive is only able to place business with one company, two popular examples being an Auto-Owners or Allstate agent. This type of agents cannot quote prices from more than just one company, which does not give you the best rate comparison.

Opting to purchase auto insurance direct means you skip either of the other two types of agents and buy from a direct company like Geico. Buying direct may be preferred by drivers who have little risk and have knowledge of what coverage limits and deductibles they need.

What is the best method to buy cheap insurance for a Toyota RAV4 in Kentucky? It would be easy to say buying direct saves money since that prevents the need to pay agent commissions, but that generally is not the case. It could also be said buying from an independent agent is the best way to go because they can shop around, but that is not accurate either. And sometimes, exclusive agencies have really good rates that other auto insurance companies cannot touch.

Due to the large number of rating factors, the best way to make sure you’re not overpaying for auto insurance is to do a thorough rate comparison. Put in the effort to get price quotes from all three in order to have enough rates to compare. A great place to start is our list of online companies offering discounts: click here to view.