Compare Toyota Rav4 Insurance Quotes in Honolulu

Discount Toyota Rav4 insuranceIt takes a few minutes, but the best way to get discount car insurance rates in Honolulu is to compare prices annually from companies who sell insurance in Hawaii.

An important bit of advice to remember is that you’ll want to make sure you compare the same level of coverage on each quote and and to analyze as many car insurance companies as possible. This ensures a level playing field and many rates to choose from.

Sadly, almost 70% of drivers have remained with the same car insurance company for over three years, and nearly half have never even shopped around for affordable coverage. Most drivers in Honolulu could save themselves $400 a year by just comparing rate quotes, but most just don’t grasp the amount of savings they would get if they switched.

Components of Your Toyota Rav4 Insurance Costs

Smart consumers have a good feel for a few of the rating criteria that go into determining the price you pay for car insurance. If you have some idea of what influences your rates, this enables you to make decisions that could result in much lower annual insurance costs. Lots of things are part of the calculation when premium rates are determined. Some factors are common sense like a motor vehicle report, although some other factors are more obscure such as your marital status or how financially stable you are.

Drive fewer miles and save – Driving more miles in a year the higher your rate. Most insurance companies charge rates partially by how you use the vehicle. Autos that are left in the garage can get a lower rate than vehicles that have high annual mileage. A policy that improperly rates your Rav4 is throwing money out the window. It’s always a good idea to double check that your policy reflects the correct usage for each vehicle.

Never let your car insurance policy lapse – Driving your car without having proper coverage is against the law and your next policy will cost more because you let your insurance coverage expire. In addition to paying higher rates, not being able to provide proof of insurance could result in a license revocation or jail time.

High credit scores save money – Having a good credit score is a large factor in determining your rates. If your credit score can use some improvement, you could be paying less to insure your Toyota Rav4 by repairing your credit. Drivers who have good credit tend to be more responsible and file fewer claims as compared to drivers with lower credit scores.

Marriage can lower costs – Having a wife or husband may save some money on car insurance. Having a significant other may mean you are less irresponsible and insurance companies reward insureds because married couples file fewer claims.

The method we recommend to compare insurance rates in your area is to take advantage of the fact auto insurance companies allow for online access to provide you with free rate quotes. To begin a comparison, all you need to do is provide a small amount of information like whether you have decent credit, if your license is active, whether the vehicles are used for commuting, and driver ages. That rating information is sent automatically to all major companies and they return rate quotes immediately.

To check Toyota Rav4 insurance prices now, click here then complete the form.

The companies in the list below have been selected to offer free rate quotes in Hawaii. If multiple companies are listed, we suggest you click on several of them in order to get a fair rate comparison.

Rate information and statistics

The data table below showcases a range of insurance coverage prices for Toyota Rav4 models. Being more informed about how premiums are determined can assist in making decisions on the best policy coverages.

Toyota Rav4 Insurance Rates in Honolulu, HI
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
RAV4 2WD $130 $236 $254 $16 $76 $712 $59
RAV4 Sport 2WD $130 $236 $254 $16 $76 $712 $59
RAV4 4WD $130 $236 $254 $16 $76 $712 $59
RAV4 Limited 2WD $130 $236 $254 $16 $76 $712 $59
RAV4 Limited 4WD $130 $236 $254 $16 $76 $712 $59
RAV4 Limited 4WD $130 $236 $254 $16 $76 $712 $59
RAV4 Sport 4WD $130 $236 $254 $16 $76 $712 $59
Get Your Own Custom Quote Go

Prices above based on married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Hawaii minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Price estimates do not factor in garaging location in Honolulu which can affect insurance rates considerably.

Physical damage deductibles

A question often asked by Honolulu drivers is what deductibles to buy. The rates below illustrate how much more you’ll pay between low and high coverage deductibles. The first data table uses a $100 physical damage deductible and the second price chart uses a $1,000 deductible.

Toyota Rav4 insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
RAV4 2WD $228 $412 $264 $16 $80 $1,025 $85
RAV4 Sport 2WD $228 $412 $264 $16 $80 $1,025 $85
RAV4 4WD $228 $412 $264 $16 $80 $1,025 $85
RAV4 Limited 2WD $228 $412 $264 $16 $80 $1,025 $85
RAV4 Limited 4WD $228 $412 $264 $16 $80 $1,025 $85
RAV4 Limited 4WD $228 $412 $264 $16 $80 $1,025 $85
RAV4 Sport 4WD $228 $412 $264 $16 $80 $1,025 $85
Get Your Own Custom Quote Go

Toyota Rav4 insurance premium rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
RAV4 2WD $126 $216 $264 $16 $80 $702 $59
RAV4 Sport 2WD $126 $216 $264 $16 $80 $702 $59
RAV4 4WD $126 $216 $264 $16 $80 $702 $59
RAV4 Limited 2WD $126 $216 $264 $16 $80 $702 $59
RAV4 Limited 4WD $126 $216 $264 $16 $80 $702 $59
RAV4 Limited 4WD $126 $216 $264 $16 $80 $702 $59
RAV4 Sport 4WD $126 $216 $264 $16 $80 $702 $59
Get Your Own Custom Quote Go

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Hawaii minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, safe-driver, and multi-vehicle. Prices do not factor in the specific area where the vehicle is garaged which can increase or decrease price quotes significantly.

We can estimate from the data above that using a $100 deductible costs about $26 more each month or $312 for a full year averaged for all Rav4 models than buying the higher $1,000 deductible. Since you would have to pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you go more than 35 months between claims, you would probably save some money if you decide on a higher deductible. The illustration below shows how you can perform this determination yourself.

Average monthly premium for $100 deductibles: $85
Average monthly premium for $1,000 deductibles (subtract): – $59
Monthly savings from raising deductible: $26
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $26
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 35 months

One big caveat is that increasing deductibles to save money means you will have to pay more when you file a claim. You must have some savings in the event you have to pay the deductible to have repairs made.

The diagram below illustrates how your deductible choice and can change Toyota Rav4 premium costs for each different age group. The data assumes a married female driver, full physical damage coverage, and no discounts are taken into consideration.

Price comparison of only insuring for liability

The diagram below illustrates the comparison of Toyota Rav4 car insurance rates when comparing full coverage to liability only. Data assumes a clean driving record, no at-fault accidents, $500 deductibles, single marital status, and no other discounts are factored in.

Should you be buying full coverage?

There is no specific rule that works best for making the decision to drop physical damage coverage, but there is a broad guideline. If the yearly cost of full coverage is about 10% or more of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.

For example, let’s say your Toyota Rav4 replacement cost is $3,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, you would only receive $2,000 after the policy deductible has been paid. If you are currently paying more than $200 annually for physical damage coverage, then you might want to think about dropping full coverage.

There are some scenarios where only buying liability is not financially feasible. If you haven’t satisfied your loan, you have to maintain full coverage to satisfy the loan requirements. Also, if you can’t afford to buy a different vehicle if your current one is in an accident, you should not eliminate full coverage.

Insurance is an important decision

Despite the potentially high cost of Toyota Rav4 insurance, insuring your vehicle may be mandatory for several reasons.

The benefits of having insurance definitely exceed the cost, particularly when you have a large claim. Despite what companies tell you, the average driver overpays more than $750 every year so it’s recommended you shop around every year to ensure rates are inline.

Get discounts to get affordable Honolulu insurance rates

Auto insurance companies don’t necessarily list every discount they offer very well, so here is a list both the well known and also the more inconspicuous discounts that may be available.Cheaper insurance with discounts

We need to note that most credits do not apply to the overall cost of the policy. The majority will only reduce individual premiums such as comp or med pay. Just because it seems like adding up those discounts means a free policy, it’s just not the way it works.

The illustration below visualizes the comparison of Toyota Rav4 auto insurance costs with and without discounts. The premiums are based on a female driver, no accidents, no driving violations, Hawaii state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, multi-car, marriage, claim-free, and multi-policy discounts applied.

Larger insurance companies and some of the premium reductions they offer are detailed below.

It’s a good idea to ask each insurance company which discounts can lower your rates. Some of the discounts discussed earlier may not apply to policyholders everywhere. If you would like to choose from a list of companies who offer cheap Toyota Rav4 insurance quotes in Hawaii, click this link.

Local Honolulu insurance agents

Many drivers would rather sit down and talk to an agent and that can be a great decision A good thing about comparing rates online is that drivers can save money and get better rates and still buy from a local agent.

Insurance agency in HonoluluTo help locate an agent, after submitting this quick form, the coverage information is sent to agents in your area who will return price quotes for your insurance coverage. It makes it easy because there is no need to search for an agent since price quotes are sent directly to your email. You’ll get the best rates without requiring a lot of work. If you wish to get a rate quote from one company in particular, don’t hesitate to find their quoting web page and fill out the quote form the provide.

Selecting a company shouldn’t rely on just a cheap price quote. Before buying a policy in Honolulu, get answers to these questions.

Types of auto insurance agents in Honolulu

If you are searching for a reputable agency, it helps to know the two different types of agents and how they function. Insurance agencies in Honolulu are classified as either independent or exclusive depending on the company they work for.

Exclusive Agents

Exclusive insurance agents can only place business with one company like Farmers Insurance and State Farm. They usually cannot provide prices from multiple companies so always compare other rates. Exclusive agents are very knowledgeable on their company’s products which aids in selling service over price. Some people will only use the same agent partially due to the prominent brand name and the convenience of having a single billing for all their coverages.

Below is a list of exclusive agents in Honolulu that can give you rate quotes.

More Honolulu agents

Independent Insurance Agencies

These type of agents are not locked into one company and that allows them to write policies with lots of companies and find you the best rates. If you want to switch companies, they simply move the coverage in-house and that require little work on your part.

When comparing insurance prices, it’s recommended you check rates from several independent agencies to get the best comparison. Most can insure with additional companies that you may not be familiar with that many times have cheaper rates.

Shown below are independent insurance agencies in Honolulu who can help you get price quote information.

More Honolulu agents

Upon receiving reasonable responses to any questions you have as well as cheaper Rav4 insurance quotes, most likely you have located a car insurance agent that can be relied on to insure your vehicles. Just understand that it’s your policy and you can terminate your policy at any point so don’t think that you are obligated to a specific agent for any length of time.

Hawaii auto insurance companies ranked

Selecting a high-quality auto insurance provider is hard considering how many choices you have in Hawaii. The information shown below can help you pick which providers you want to consider purchasing from.

Top 10 Honolulu Car Insurance Companies by A.M. Best Rank

  1. USAA – A++
  2. State Farm – A++
  3. GEICO – A++
  4. Esurance – A+
  5. Nationwide – A+
  6. Allstate – A+
  7. Progressive – A+
  8. The Hartford – A+
  9. AAA Insurance – A
  10. Liberty Mutual – A

Top 10 Honolulu Car Insurance Companies Overall

  1. USAA
  2. American Family
  3. State Farm
  4. The Hartford
  5. AAA Insurance
  6. GEICO
  7. Progressive
  8. Allstate
  9. Nationwide
  10. Liberty Mutual

Persistence pays off

As you quote Honolulu car insurance, you should never skimp on coverage in order to save money. There are many occasions where an accident victim reduced collision coverage to discover at claim time they didn’t have enough coverage. Your focus should be to purchase plenty of coverage at the best cost, not the least amount of coverage.

There are still a few companies who don’t offer the ability to get quotes online and these small, regional companies provide coverage only through independent insurance agencies. The cheapest Toyota Rav4 insurance in Honolulu can be found on the web and from local agencies, so you should compare both so you have a total pricing picture.

We just showed you a lot of ways to get a better price on Toyota Rav4 insurance in Honolulu. The key thing to remember is the more you quote Honolulu car insurance, the higher the chance of saving money. You may even find the biggest savings come from a company that doesn’t do a lot of advertising.

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