Affordable Toyota Rav4 Insurance in Jersey City

Unthinkable but true, nearly 70% of consumers kept their policy with the same company for more than four years, and practically 40% of car insurance customers have never taken the time to shop around. Many consumers in New Jersey could save themselves almost $700 a year just by getting comparison quotes, but they don’t want to take the time to compare rates and save money.

Discount Toyota Rav4 insuranceIt takes a little time, but the best way to find discount Toyota Rav4 insurance in Jersey City is to annually compare prices from different companies who can sell car insurance in New Jersey.

First, try to learn about policy coverages and the measures you can control to keep rates down. Many rating factors that cause high rates like at-fault accidents and an imperfect credit rating can be eliminated by making small lifestyle or driving habit changes.

Second, quote rates from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can give quotes from a single company like GEICO and State Farm, while agents who are independent can give you price quotes from multiple companies. Select a company

Third, compare the quotes to the premium of your current policy to determine if switching companies saves money. If you find a lower rate and change companies, ensure coverage does not lapse between policies.

A good piece of advice is to try to compare identical deductibles and limits on each quote request and and to get price quotes from as many auto insurance providers as possible. Doing this helps ensure a level playing field and a complete selection of prices.

If you’re already insured or need new coverage, you can use these techniques to cut your premiums without sacrificing coverage. Buying the cheapest auto insurance in Jersey City is much easier if you have a good place to start. Shoppers just have to learn the most time-saving way to compare different rates instantly.

Where can I get the cheapest Jersey City Toyota Rav4 insurance?

Getting a cheaper price on insurance is a great way to save money. Just take a few minutes to compare rates from different insurance companies.

It’s so easy to compare quotes online that it takes the place of having to spend time driving to all the different Jersey City insurance agencies. Shopping for insurance online makes this process obsolete unless you prefer the professional abilities that only an agent can give. If you prefer, some companies allow you to price shop online but have a local agent actually write the policy.

The providers in the list below can provide price comparisons in New Jersey. To get the cheapest car insurance in New Jersey, we recommend you click on several of them to get the most competitive price.

Analysis of Toyota Rav4 rates

The table displayed below outlines detailed analysis of coverage costs for Toyota Rav4 models. Learning more about how insurance quotes are calculated can help customers make smart buying decisions.

Toyota Rav4 Insurance Rates in Jersey City, NJ
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
RAV4 2WD $364 $720 $582 $34 $174 $1,874 $156
RAV4 Sport 2WD $364 $720 $582 $34 $174 $1,874 $156
RAV4 4WD $364 $720 $582 $34 $174 $1,874 $156
RAV4 Limited 2WD $364 $720 $582 $34 $174 $1,874 $156
RAV4 Limited 4WD $364 $720 $582 $34 $174 $1,874 $156
RAV4 Limited 4WD $364 $720 $582 $34 $174 $1,874 $156
RAV4 Sport 4WD $364 $720 $582 $34 $174 $1,874 $156
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Data rating is based on single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and New Jersey minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, safe-driver, and multi-vehicle. Information does not factor in specific zip code location which can decrease or increase insurance rates noticeably.

Analysis of deductible levels

When comparing insurance rates, the most common question is which deductible level should you buy. The tables below sum up the costs and benefits of buying low and high insurance deductibles. The first pricing table uses a $100 deductible and the second set of rates uses a $500 deductible.

Toyota Rav4 insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
RAV4 2WD $414 $746 $480 $28 $144 $1,837 $153
RAV4 Sport 2WD $414 $746 $480 $28 $144 $1,837 $153
RAV4 4WD $414 $746 $480 $28 $144 $1,837 $153
RAV4 Limited 2WD $414 $746 $480 $28 $144 $1,837 $153
RAV4 Limited 4WD $414 $746 $480 $28 $144 $1,837 $153
RAV4 Limited 4WD $414 $746 $480 $28 $144 $1,837 $153
RAV4 Sport 4WD $414 $746 $480 $28 $144 $1,837 $153
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Toyota Rav4 insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
RAV4 2WD $302 $504 $480 $28 $144 $1,458 $122
RAV4 Sport 2WD $302 $504 $480 $28 $144 $1,458 $122
RAV4 4WD $302 $504 $480 $28 $144 $1,458 $122
RAV4 Limited 2WD $302 $504 $480 $28 $144 $1,458 $122
RAV4 Limited 4WD $302 $504 $480 $28 $144 $1,458 $122
RAV4 Limited 4WD $302 $504 $480 $28 $144 $1,458 $122
RAV4 Sport 4WD $302 $504 $480 $28 $144 $1,458 $122
Get Your Own Custom Quote Go

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Rate quotes do not factor in specific location which can increase or decrease coverage prices substantially.

Using the premium rates above, we can conclude that using a $100 deductible costs approximately $31 more each month or $372 each year than selecting the higher $500 deductible. Because you would be required to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you go at a minimum 13 months between claim filings, you would more than likely save some money by selecting a higher deductible.

The information below highlights how deductible selection and can affect Toyota Rav4 premium costs for each age group. The data assumes a single male driver, comprehensive and collision coverage, and no additional discounts are factored in.

Smart Choices Result in Lower Insurance Costs

Multiple criteria are considered when quoting car insurance. A few of the factors are predictable such as your driving history, but other criteria are less obvious like your continuous coverage or your financial responsibility.

The items below are some of the items that factor into rates.

With age comes lower rates – Older people tend to be more responsible, tend to cause fewer accidents, and get fewer tickets. Drivers with little experience are known to get distracted easily behind the wheel and because of this, their insurance rates are much higher.

The following chart uses these assumptions: single driver, full coverage with $100 deductibles, and no discounts or violations.

Know your vehicle’s safety rating – Vehicles that have high safety ratings are cheaper to insure. Safer cars reduce occupant injuries and fewer serious injuries translates into fewer and smaller insurance claims and thus lower rates.

No insurance claims equals cheaper rates – If you’re an insured who likes to file claims don’t be surprised to see much higher rates or policy non-renewal. Car insurance companies in New Jersey award lower rates to drivers who do not file claims often. Auto insurance is intended for claims that you cannot pay yourself.

Accidents are costly – A bad driving record has a lot to do with how much you pay for insurance. Drivers who don’t get tickets receive lower rates than bad drivers. Even a single chargeable violation may cause rates to rise twenty percent or more. Drivers who have received dangerous tickets like reckless driving or DUI may face state-mandated requirements to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to legally drive a vehicle.

The illustration below shows how violations and at-fault fender-benders influence Toyota Rav4 auto insurance rates for each different age group. The rates are based on a married female driver, comp and collision included, $100 deductibles, and no other discounts are factored in.

Prices and job – Careers like judges, police officers, and accountants generally pay higher premium rates because of intense work-related stress and long work days. Conversely, careers like professors, historians and homemakers have the lowest average rates.

Car features impact insurance rates – Choosing to buy a car with anti-theft technology or alarm system can save you a little every year. Anti-theft devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder your vehicle from being stolen.

If you don’t need it don’t buy it – Insurance companies have many extra add-on coverages that may not really be needed when buying insurance. Insurance for things like personal injury protection, death and dismemberment, and extra equipment coverage may not be needed and are just wasting money. They may seem good when deciding what coverages you need, but your needs may have changed so get rid of them and save.

Impacts performance impacts auto insurance premiums – The performance of the car, truck or SUV you are buying insurance for makes a huge difference in your premium level. Lower cost passenger models usually are quite affordable to insure, but other factors influence the final cost greatly.

The data below is based on a single female driver age 30, full coverage with $1000 deductibles, and no discounts or violations. It illustrates Toyota Rav4 car insurance rates compared to other vehicles that have a range of performance rating factors.

Why you need Toyota vehicle insurance in New Jersey

Even though Jersey City Rav4 insurance rates can get expensive, maintaining insurance is mandatory in New Jersey but it also protects more than you think.

First, almost all states have minimum mandated liability insurance limits which means it is punishable by state law to not carry a specific level of liability if you drive a vehicle. In New Jersey 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 bought your Toyota Rav4 with a loan, most lenders will have a requirement that you have physical damage coverage to guarantee their interest in the vehicle. If you cancel or allow the policy to lapse, the lender will be forced to insure your Toyota at a much higher premium rate and force you to reimburse them for the much more expensive policy.

Third, insurance safeguards not only your Toyota but also your financial assets. It also can pay for medical expenses for you, any passengers, and anyone injured in an accident. One of the most valuable coverages, liability insurance, will also pay attorney fees in the event you are sued. If you have damage to your Toyota as the result of the weather or an accident, comprehensive and/or collision insurance will pay to have it repaired.

The benefits of buying enough insurance more than offset the price you pay, especially if you ever need it. On average, a vehicle owner in Jersey City overpays as much as $865 each year so compare quotes from several companies at least once a year to be sure current rates are still competitive.