Do you want to save money by buying low-cost Toyota Rav4 insurance in Buffalo? Purchasing lower priced Buffalo Toyota Rav4 insurance quotes online might appear impossible for drivers who are beginners to quoting and online price comparisons. Because there are so many online companies, how are drivers able to possibly compare every company in order to find cheaper auto insurance rates?
Remarkably, a study showed that the vast majority of drivers have bought auto insurance from the same company for at least four years, and just under half have never quoted auto insurance rates at all. New York drivers could save almost $800 a year, but they underestimate the rate savings if they switch to a new company.
Consumers need to quote other rates before your next renewal because auto insurance prices tend to go up over time. Even if you got the lowest rates on Toyota Rav4 insurance in Buffalo six months ago you may be paying too much now. Block out anything you think you know about auto insurance because it’s time to teach you the easiest way to remove unneeded coverages and save money.
Shopping around for affordable protection in Buffalo is easy if you know what you’re doing. Virtually every person who shops around for insurance will more than likely find lower prices. But New York vehicle owners must know how insurance companies determine what you pay and use it to your advantage.
When comparison shopping, there are several ways to compare rate quotes from many different New York insurance companies. The easiest way by far to find the cheapest Toyota Rav4 insurance rates is to perform an online rate comparison. When price shopping your coverage, comparing a large number of companies helps locate better pricing. Not every company provides Buffalo Rav4 insurance quotes over the internet, so you should also compare prices on coverage from those companies, too.
The companies shown below provide quotes in Buffalo, NY. If multiple companies are listed, we suggest you visit as many as you can to get a more complete price comparison.
Coverage information
The rate table below outlines a range of insurance rates for Toyota Rav4 models. Having a better idea how insurance policy rates are calculated can benefit drivers when making decisions on which coverage to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| RAV4 2WD | $162 | $272 | $270 | $16 | $80 | $800 | $67 |
| RAV4 Sport 2WD | $162 | $272 | $270 | $16 | $80 | $800 | $67 |
| RAV4 4WD | $162 | $272 | $270 | $16 | $80 | $800 | $67 |
| RAV4 Limited 2WD | $162 | $272 | $270 | $16 | $80 | $800 | $67 |
| RAV4 Limited 4WD | $162 | $272 | $270 | $16 | $80 | $800 | $67 |
| RAV4 Limited 4WD | $162 | $272 | $270 | $16 | $80 | $800 | $67 |
| RAV4 Sport 4WD | $162 | $272 | $270 | $16 | $80 | $800 | $67 |
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Data based on married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and New York minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Prices do not factor in vehicle garaging location which can increase or decrease coverage prices significantly.
Physical damage deductibles
When comparing car insurance rates, the most common question is how high should the physical damage deductibles be. The following insurance rates show the cost difference of buying low and high physical damage coverage deductibles. The first data set uses a $100 deductible for comp and collision and the second rate table uses a $500 deductible.
| 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 | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| RAV4 2WD | $166 | $278 | $264 | $16 | $80 | $804 | $67 |
| RAV4 Sport 2WD | $166 | $278 | $264 | $16 | $80 | $804 | $67 |
| RAV4 4WD | $166 | $278 | $264 | $16 | $80 | $804 | $67 |
| RAV4 Limited 2WD | $166 | $278 | $264 | $16 | $80 | $804 | $67 |
| RAV4 Limited 4WD | $166 | $278 | $264 | $16 | $80 | $804 | $67 |
| RAV4 Limited 4WD | $166 | $278 | $264 | $16 | $80 | $804 | $67 |
| RAV4 Sport 4WD | $166 | $278 | $264 | $16 | $80 | $804 | $67 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and New York minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, multi-policy, and homeowner. Information does not factor in specific location information which can influence premium rates considerably.
Based on the figures above, using a $100 deductible costs roughly $18 more each month or $216 every 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 normally average more than 22 months between claim filings, you would probably save some money by selecting a higher deductible.
The information below shows how choosing a deductible and can increase or decrease Toyota Rav4 insurance rates for different ages of insureds. The premiums are based on a married male driver, full physical damage coverage, and no discounts are factored in.
Comparison of car insurance rates by age and gender
The information below visualizes the comparison of Toyota Rav4 yearly insurance costs for male and female drivers. The information is based on no claims, a clean driving record, comprehensive and collision coverage, $1,000 deductibles, single marital status, and no other discounts are factored in.
Do you need full coverage?
The chart below illustrates the difference between Toyota Rav4 car insurance rates with full physical damage coverage and with liability coverage only. The rate quotes are based on no driving violations, no at-fault accidents, $500 deductibles, single marital status, and no discounts are applied to the premium.
Are you wasting money on full coverage?
There is no set guideline of when to drop full coverage on your policy, but there is a guideline you can consider. If the annual cost of your full coverage insurance is more than about 10% of any settlement you would receive from your insurance company, then you might want to consider buying only liability coverage.
For example, let’s say your Toyota Rav4 replacement cost is $4,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most your company will settle for is $3,000 after paying the physical damage deductible. If premium cost is more than $300 a year for physical damage coverage, then you might want to consider buying only liability coverage.
There are some conditions where eliminating full coverage is not a good idea. If you have an outstanding loan on your vehicle, you have to carry full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle in case of an accident, you should not eliminate full coverage.
Cheap Toyota Rav4 insurance in Buffalo
Insuring your vehicles can cost a lot, but you may find discounts to reduce the price significantly. Some of these discounts will be visible when you quote, but a few must be inquired about before they will apply.
- Mature Driver Discount – If you qualify as a senior citizen, you can possibly qualify for a discount up to 10%.
- Multiple Vehicles – Having more than one vehicle on one policy qualifies for this discount.
- Driver Education Discount – Have your child enroll and complete driver’s education as it can save substantially.
- Waiver for an Accident – This one is not really a discount per se, but a few companies such as State Farm and Allstate allow you one accident without getting socked with a rate hike if your claims history is clear prior to being involved in the accident.
- ABS Brakes – Cars and trucks that have steering control and anti-lock brakes are much safer to drive so you can save 10 percent or more.
Please keep in mind that some credits don’t apply to the entire cost. Some only reduce individual premiums such as liability, collision or medical payments. Even though the math looks like you would end up receiving a 100% discount, nobody gets a free ride. But all discounts will reduce your policy premiums.
The information below illustrates the comparison of Toyota Rav4 car insurance rates with and without discounts applied to the policy premium. Data assumes a male driver, no driving violations, no at-fault accidents, New York state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, safe-driver, homeowner, multi-policy, marriage, and claim-free discounts applied.
Companies and some of the discounts are shown below.
- State Farm may offer discounts for Steer Clear safe driver discount, Drive Safe & Save, student away at school, good driver, and multiple policy.
- American Family has discounts for bundled insurance, good student, good driver, early bird, Steer into Savings, mySafetyValet, and air bags.
- AAA includes discounts for pay-in-full, good driver, multi-car, anti-theft, good student, and multi-policy.
- GEICO may include discounts for defensive driver, anti-lock brakes, five-year accident-free, membership and employees, and federal employee.
- Mercury Insurance policyholders can earn discounts including professional/association, multi-policy, multi-car, age of vehicle, and location of vehicle.
- Farmers Insurance offers premium reductions for mature driver, bundle discounts, business and professional, good student, youthful driver, electronic funds transfer, and teen driver.
- Progressive offers discounts including online signing, multi-vehicle, multi-policy, good student, continuous coverage, homeowner, and online quote discount.
Check with each company which discounts you may be entitled to. Some of the earlier mentioned discounts might not apply in Buffalo. To view providers that provide some of the discounts listed above in New York, click here to view.
Why you need insurance for your Toyota vehicle
Despite the high cost of buying insurance for a Toyota Rav4 in Buffalo, maintaining insurance serves a purpose in several ways.
- Almost all states have minimum mandated liability insurance limits which means you are required to buy a minimum amount of liability insurance if you want to drive legally. In New York these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you have a loan on your Rav4, almost all lenders will require that you have insurance to ensure loan repayment if the vehicle is totaled. If you cancel or allow the policy to lapse, the bank or lender will purchase a policy for your Toyota at an extremely high rate and force you to pay for the much more expensive policy.
- Insurance preserves both your Toyota Rav4 and your personal assets. Insurance will also pay for hospital and medical expenses for not only you but also any passengers injured in an accident. As part of your policy, liability insurance will also pay to defend you if you are sued as the result of an accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive and collision coverage will cover the repair costs.
The benefits of carrying adequate insurance definitely exceed the cost, specifically if you ever have a liability claim. But the average driver in New York is currently overpaying as much as $820 a year so compare rate quotes once a year at a minimum to save money.
When to get professional advice
When it comes to choosing the right insurance coverage for your personal vehicles, there really is not a one-size-fits-all type of policy. Your needs are not the same as everyone else’s and your policy should reflect that.
These are some specific questions may help you determine if your situation would benefit from an agent’s advice.
- Do I need replacement cost coverage on my Toyota Rav4?
- Are my friends covered when driving my Toyota Rav4?
- Should I buy full coverage?
- Do I pay less for low miles?
- Can my teen drive my company car?
- Does my insurance cover damage caused when ticketed for reckless driving?
- Do I need roadside assistance coverage?
- Do I have coverage when pulling a U-Haul trailer?
If you can’t answer these questions, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier
Car insurance agents near you
Many drivers still like to sit down with an agent and that is a personal choice. A good thing about comparing auto insurance online is that drivers can save money and get the lowest rates but still work with a licensed agent. Buying insurance from local insurance agencies is still important in Buffalo.
To make it easy to find an agent, after completing this form (opens in new window), the coverage information is submitted to local insurance agents in Buffalo who want to provide quotes for your auto insurance coverage. It makes it easy because there is no need to visit any agencies since price quotes are sent immediately to your email address. Get lower rates without requiring a lot of work. If for some reason you want to compare rates from a particular provider, you can always jump over to their website and fill out their quote form.
Listed below are Buffalo insurers that are able to give price quote information for Toyota Rav4 insurance in Buffalo.
- Lou Santiago – State Farm Insurance Agent
557 Niagara St – Buffalo, NY 14201 – (716) 883-5500 – View Map - The Decker Agency, Inc.
37 Elmwood Ave – Buffalo, NY 14201 – (716) 883-1455 – View Map - Merchants Insurance Co
85 Pearl St – Buffalo, NY 14202 – (716) 849-3287 – View Map - Paul Wolf Agency Inc
2686 Elmwood Ave – Buffalo, NY 14217 – (716) 835-9653 – View Map
Picking an insurance company is decision based upon more than just a cheap quote. Any good agent in Buffalo should know the answers to these questions.
- Is insurance their full-time profession?
- What company holds the largest book of business for them?
- Do they offer claims assistance after hours?
- Will one accident increase rates?
- Will the company cover a rental car if your car is getting fixed?
- Can glass claims be handled at your home?
- Are they able to provide referrals?
- Are claims handled at the agent’s location?