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The average insurance for Toyota RAV4 cost is around $1,494 yearly $125 each month. It is needless to say that the Toyota RAV4 belongs to a category of sports cars and so, it will be slightly expensive to insure. While a small sized SUV may cost about $1,383 yearly to insure, the insurance cost of Toyota RAV4 is $111 more. But as compared to the national average auto insurance rates for 2022 new car models, which is about $1,551, the Toyota RAV4 2022 version insurance cost per year is around 3.7% less. Besides, at an individual driver level, the cost may vary.
There are several factors that go in the premium calculation exercise for vehicles. Prominent among the parameters that affect Toyota RAV4 insurance rates are the driver’s age, gender, geographical location, marital and educational status, status of credit profile and past driving record. In addition, the exact make and model of the vehicle that is to be insured as well as deductibles chosen will also have an impact on the premium. And teen or young drivers will be charged significantly more for Toyota RAV4 hybrid car insurance as they pose increased levels of coverage risks to insurers due to lack of driving experience.
Car insurance with a higher deductible will be a much cheaper option to buy as compared to a policy with low deductible. But such an alternative needs to be discussed in detail with some local expert as the proposal can put your finances at risk in a worst case scenario. So, for making an informed decision on your Toyota RAV4 coverage purchase, it could be desirable to fix free consultation with a competent agent in your neighbourhood. atozinsuranceusa.com can assist you in fixing an appointment online and thus, enable you to get and compare your best options with active assistance.
How much you'll need to pay for insurance on your Toyota Rav4 depends on your age group. Here are the typical rates you might expect to pay.
| Year | 16-19 yr old | 20-29 yr old | 30-39 yr old | 40-49 yr old | 50-59 yr old | 60+ yr old |
|---|---|---|---|---|---|---|
| 2023 | $382.88 / mo | $158.38 / mo | $201.04 / mo | $175.11 / mo | $131.52 / mo | $285.78 / mo |
| 2022 | $319.16 / mo | $187.28 / mo | $145.12 / mo | $153.82 / mo | $149.42 / mo | $152.11 / mo |
| 2021 | $248.48 / mo | $179.73 / mo | $153.12 / mo | $153.94 / mo | $147.25 / mo | $138.02 / mo |
| 2020 | $219.25 / mo | $178.28 / mo | $160.13 / mo | $138.35 / mo | $148.12 / mo | $142.45 / mo |
| 2019 | $262.54 / mo | $169.38 / mo | $155.51 / mo | $150.90 / mo | $141.29 / mo | $134.65 / mo |
| 2018 | $362.03 / mo | $170.25 / mo | $136.29 / mo | $141.39 / mo | $134.13 / mo | $129.64 / mo |
| 2017 | $259.01 / mo | $169.68 / mo | $138.18 / mo | $130.07 / mo | $132.94 / mo | $122.54 / mo |
| 2016 | $289.14 / mo | $167.57 / mo | $139.71 / mo | $136.29 / mo | $114.99 / mo | $119.35 / mo |
| 2015 | $334.27 / mo | $165.08 / mo | $128.25 / mo | $125.59 / mo | $149.03 / mo | $124.95 / mo |
| 2014 | $291.88 / mo | $161.17 / mo | $130.85 / mo | $123.25 / mo | $107.68 / mo | $115.96 / mo |
| 2013 | $194.07 / mo | $162.21 / mo | $116.54 / mo | $115.08 / mo | $97.88 / mo | $110.87 / mo |
| 2012 | $322.56 / mo | $153.97 / mo | $120.51 / mo | $111.12 / mo | $106.50 / mo | $111.37 / mo |
| 2011 | $222.30 / mo | $160.91 / mo | $114.67 / mo | $116.65 / mo | $104.40 / mo | $110.85 / mo |
| 2010 | $248.73 / mo | $154.41 / mo | $118.01 / mo | $110.16 / mo | $105.97 / mo | $101.30 / mo |
As mentioned earlier, numerous factors are considered for premium rate calculations for cars and SUVs. Over and above what has been already mentioned, there could be few other vital parameters which might also play an equally crucial role in assessing coverage risks faced by insurers. Here is some important information pertaining to the same that you may find extremely useful during your overall effort to secure a Toyota RAV4 insurance solution that best fits your specific coverage needs and budget.
Considering the above mentioned things, it could be difficult to find the best car insurance company for your Toyota RAV4 SUV. In addition, your past claims record can also play a pivotal role in the risk assessment process laid down by insurers. If you have history of filing numerous claims in the past then you can expect the insurance rates to go up as might be categorized as a high risk driver. The only way you can save money is to determine your eligibility to obtain various premium discounts. And extensive shopping could be the key to finding the lowest and the best insurance rates for your Toyota RAV4.
The task of comparing multiple free quote estimates can be exhaustive, complicated and strenuous. However, when you get assisted by an expert, the overall rigors of the process will get completely eliminated. And you could actually end up saving lot of time, energy as well as money during your overall effort.
Qualifications for various discounts on auto insurance premiums help in saving a huge amount of money. Majority of the insurers offer an array of financial concessions and it is up to you to find out whether you are eligible to accrue those savings. To that effect, here is a brief list of some of the important premium discounts which you can capitalize on for reducing your Toyota RAV4 insurance rates.
By qualifying for a discounted Toyota RAV4 auto insurance package, you could practically save some hundreds of precious dollars. But the process begins with determining your qualification for the same. That is precisely the reason why you need to consult a certified and experienced insurance agent in your neighbourhood. We can assist you in the task. Apply now!
It is needless to say that car insurance rates vary depending on the market value of cars. The Toyota RAV4 belongs to a category of sports vehicles which are usually more expensive than other normal cars. But surprisingly, it is cheaper than other SUVs and so; the premiums are lower despite the fact that it is a high performance vehicle. Drivers that drive sports vehicles are prone to take the thrills of driving Toyota RAV4 recklessly but they aren’t aware that there is danger of meeting with accidents. However, the Toyota RAV4 vehicle doesn’t have that much powerful an engine.
It is due to this reason that the Toyota RAV4 is relatively less expensive to insure. The engine has low horsepower and so, its price is cheaper than other sports vehicles thereby making it a less expensive proposition to insure. Due to the RAV4’s lower engine power, it is less likely that a driver will meet with an accident. This reduces insurers’ coverage risks drastically and so, the insurance rates offered will be affordable. But lot could depend on the driving record of a driver and hence, if your driving history is poor, you will be penalized with higher rates.
The “Actual Cash Value” of a vehicle is an important factor in calculation of auto insurance premium rates. Accordingly, if you are driving an older version of Toyota RAV4, the insurance cost will be less. This is because the market worth of old cars, sedans or SUVs is low and so, you might not even be required to buy comprehensive and collision coverage features which are highly expensive. Even if the old RAV4 gets totled in an accident, the claim value payable will be small. So, the coverage rates will be low as the physical damages component has lower limits.
The following table will give you an idea about average insurance for Toyota RAV4 rates by driver age groups and model years for Toyota RAV4.
| Model Year | Driver Age 20 | Age 30 | Age 40 | Age 50 | Age 60 |
|---|---|---|---|---|---|
| 2022 | $2,960 | $1,570 | $1,494 | $1,362 | $1,334 |
| 2021 | $2,826 | $1,494 | $1,422 | $1,298 | $1,270 |
| 2020 | $2,778 | $1,464 | $1,398 | $1,276 | $1,250 |
| 2019 | $2,646 | $1,396 | $1,332 | $1,216 | $1,194 |
| 2018 | $2,566 | $1,350 | $1,292 | $1,180 | $1,156 |
| 2017 | $2,546 | $1,336 | $1,278 | $1,166 | $1,146 |
| 2016 | $2,410 | $1,262 | $1,214 | $1,108 | $1,088 |
| 2015 | $2,254 | $1,180 | $1,138 | $1,040 | $1,020 |
Andy Walker is a content writer for the AtoZ Insurance USA who specializes in the insurance and finance niches. He has been working as a freelance writer from several years, and has experience with a variety of content writing formats. Andy is a highly skilled writer who is able to produce quality content that is both informative and engaging.
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