Buying the cheapest insurance for a Toyota RAV4 is dependent upon a lot of rating factors such as whether you are single or married, your occupation, and citations on your driving record. Florida drivers will pay around $1,423 annually for RAV4 insurance, but that amount is a projection calculated using a 40-year-old single male driver with both comprehensive and collision coverage and $250 deductibles.
But there is a high likelihood that you aren’t exactly 40 years old or even a male, you might be married instead of single, or maybe your RAV4 is old enough that it doesn’t require full coverage. Car insurance coverage is unique to each driver, so this is why the only real way to find cheap car insurance rates for your Toyota is to compare as many rates as you can.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| RAV4 2WD | $316 | $624 | $504 | $30 | $152 | $1,626 | $136 |
| RAV4 Sport 2WD | $316 | $624 | $504 | $30 | $152 | $1,626 | $136 |
| RAV4 4WD | $316 | $624 | $504 | $30 | $152 | $1,626 | $136 |
| RAV4 Limited 2WD | $316 | $624 | $504 | $30 | $152 | $1,626 | $136 |
| RAV4 Limited 4WD | $316 | $624 | $504 | $30 | $152 | $1,626 | $136 |
| RAV4 Limited 4WD | $316 | $624 | $504 | $30 | $152 | $1,626 | $136 |
| RAV4 Sport 4WD | $316 | $624 | $504 | $30 | $152 | $1,626 | $136 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Florida minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, multi-vehicle, and safe-driver. Price estimates do not factor in specific location which can modify premiums substantially.
Insuring your vehicle with the right auto insurance provider can be a challenge considering how many different companies sell coverage in Florida. The company ratings shown below can help you pick which coverage providers to look at comparing prices from.
The ratings below only include companies that insure vehicles nationwide, so companies that focus mainly on Florida business are not included in the list. To compare prices from the insurers below and more, follow this link.
Top 10 Major Auto Insurance Providers in Tampa Ranked by A.M. Best Rating
- Travelers – A++
- USAA – A++
- GEICO – A++
- State Farm – A++
- Titan Insurance – A+
- Esurance – A+
- Progressive – A+
- The Hartford – A+
- Allstate – A+
- Nationwide – A+
Top 10 Major Auto Insurance Providers in Tampa Ranked by Claims Service
- Travelers
- Nationwide
- Allstate
- State Farm
- Liberty Mutual
- GEICO
- American Family
- Esurance
- Titan Insurance
- AAA Insurance
The information below demonstrates how deductibles can raise or lower premium costs when trying to find cheap insurance for a Toyota RAV4. The premiums are based on a married male driver, full physical damage coverage, and no discounts are applied.
As shown above, a 40-year-old driver could cut expenses by $348 a year by changing from a $100 deductible to a $500 deductible, or save $524 by switching to a $1,000 deductible. Youthful drivers, like the 20-year-old, could drop their prices as much as $1,162 every year just by choosing higher deductibles when buying full coverage. If you do raise deductibles, it is important to have plenty of money set aside to be able to cover the extra out-of-pocket expense. That is the one disadvantage of using higher deductibles.
Your low-price policy may be costing you money
Tampa insurance rates are based on many factors that may substantially change the price you have to pay. Simply getting older, moving to a new city, or getting a ticket for careless driving may prompt premium changes that may make certain companies cheaper than others. Not only may your risk profile change, but companies file new Florida auto insurance rates as often as every quarter to reflect underwriting profits or losses. Heavy losses may cause more expensive prices, while less frequent claims may cause cheaper RAV4 insurance rates.
To illustrate this example, the chart below shows a variety of companies that have the cheapest car insurance in Tampa, FL for a 45-year-old male driver with no accidents or violations, and great credit. If we estimate rates based on his personal profile, USAA has the cheapest car insurance rates in Tampa at $1,517 each year. This is $931 less than the average price paid by Florida drivers of $2,448. Electric, Amica, Progressive, and Allied are also on the list of the most affordable Tampa, FL auto insurance companies.
In this next rate comparison, we will give the driver from above an accident claim, a little lower credit rating, and a couple of points charged on his driving record. Because each insurer uses a different method for establishing rates, comparing prices may now result in a different set of the cheapest Tampa car insurance companies as shown below.
USAA now has the best price in Tampa with Mercury, Esurance, State Farm, and GEICO now being in the top five. This example demonstrates why consumers need to compare lots of rates to get the best auto insurance quotes for a Toyota RAV4. Rates are determined by many factors and can decrease or increase without notice, so the best company the last time you shopped around may now be priced much higher than other options.
Tips for finding budget-friendly insurance for a Toyota RAV4
The list below details some of the recommended penny-pinching ideas that can help drivers find lower-cost car insurance.
- Get cheaper liability coverage by choosing a safer vehicle
- Do not file small claims
- Staying accident-free helps keep rates low
- Serious violations like DUI or reckless driving can increase rates dramatically
- Bundle car and home insurance and save money
- Do not pay for comprehensive and collision coverage on older vehicles
- Comparison shop at least every other year
The last suggestion is extraordinarily critical, as was noted in the prior article. Car insurance prices vary greatly, so don’t be afraid to buy from a different company if a cheaper rate is available.
Staying with the same car insurance company is fine, but it’s not a good idea if it’s costing you thousands of dollars over several years. If you have a few minutes, now is a great time to compare rates to find cheaper auto insurance for a Toyota RAV4 in Tampa.
If you wish to get some guidance when trying to find the best insurance rates for a RAV4, the insurance agencies listed below can aid you in deciding which auto insurance policy would work best for you.
To find an agent using an interactive map, click the button at the bottom of the list or click here to compare prices now.
- Varney Agency | Tampa FL
5401 W Kennedy Blvd #230 – Tampa, FL 33609 – (813) 200-7261 - ABC Neighborhood Insurance
1336 W Fletcher Ave – Tampa, FL 33612 – (813) 932-0000 - Most Insurance Agency
3410 Henderson Blvd – Tampa, FL 33609 – (813) 347-5555 - Omega Insurance Agency, Inc.
5300 W Cypress St #271 – Tampa, FL 33607 – (813) 341-1530 - Hockman Insurance Agency, Inc.
3438 Colwell Ave – Tampa, FL 33614 – (813) 636-4000