It’s safe to assume that auto insurance companies don’t want you to look at other companies. People who shop around once a year are highly likely to switch insurance companies because there is a good probability of finding a more affordable policy premium. A recent survey revealed that consumers who routinely shopped around saved as much as $70 a month compared to drivers who never compared rates.
If finding the lowest price on insurance is your objective, understanding how to choose a company and compare insurance coverage can make the process more efficient.
If you want to find the absolute lowest rates, then the best way to find cheaper quotes for Toyota Rav4 insurance is to compare prices once a year from insurers that sell auto insurance in Cleveland. Rate comparisons can be done by completing these steps.
- Step 1: Learn about how insurance works and the changes you can make to prevent expensive coverage. Many risk factors that result in higher rates like your driving record and poor credit rating can be rectified by making minor changes to your lifestyle. This article provides additional tips to get low prices and get discounts that may be available to you.
- Step 2: Obtain price quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only quote rates from one company like Progressive or Allstate, while independent agencies can provide rate quotes from multiple companies. Select a company
- Step 3: Compare the price quotes to the price on your current policy to see if switching to a new carrier will save money. If you can save some money, verify that coverage does not lapse between policies.
- Step 4: Provide notification to your current company of your intent to cancel your current car insurance policy. Submit any necessary down payment along with the completed application to your new company or agent. Once coverage is bound, keep your new proof of insurance paperwork in a readily accessible location in your vehicle.
One key aspect of rate comparisons is that you use the same physical damage deductibles and liability limits on each price quote and to quote with every company you can. Doing this guarantees a fair price comparison and a complete price analysis.
Locating the best rates in Cleveland is easy if you know what you’re doing. If you currently have a car insurance policy, you will surely be able to save money using the concepts covered in this article. You just have to know the most efficient way to compare rate quotes instantly.
The best way to compare policy rates for Toyota Rav4 insurance in Cleveland is to realize most insurance companies participate in online systems to give rate comparisons. All consumers are required to do is provide the companies a bit of rating information like how much coverage you want, which vehicles you own, driver details, and your general credit rating. The rating information is then sent to many different companies and you get price estimates with very little delay.
To compare rates for your car now, click here then complete the form.
The following companies offer free rate quotes in Ohio. If multiple companies are listed, we recommend you visit as many as you can to get a more complete price comparison.
Rates and detailed analysis
The coverage table shown below highlights detailed analysis of insurance policy prices for Toyota Rav4 models. Having a better understanding of how insurance prices are established can be of help when making smart choices when selecting a policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| RAV4 2WD | $98 | $172 | $234 | $14 | $70 | $588 | $49 |
| RAV4 2WD | $98 | $172 | $234 | $14 | $70 | $588 | $49 |
| RAV4 2WD | $98 | $172 | $234 | $14 | $70 | $588 | $49 |
| RAV4 4WD | $98 | $172 | $234 | $14 | $70 | $588 | $49 |
| RAV4 4WD | $98 | $172 | $234 | $14 | $70 | $588 | $49 |
| RAV4 Sport 2WD | $98 | $172 | $234 | $14 | $70 | $588 | $49 |
| RAV4 Sport 2WD | $98 | $172 | $234 | $14 | $70 | $588 | $49 |
| RAV4 Limited 4WD | $98 | $172 | $234 | $14 | $70 | $588 | $49 |
| RAV4 Limited 2WD | $98 | $172 | $234 | $14 | $70 | $588 | $49 |
| RAV4 Limited 2WD | $98 | $172 | $234 | $14 | $70 | $588 | $49 |
| RAV4 Limited 2WD | $98 | $172 | $234 | $14 | $70 | $588 | $49 |
| RAV4 Limited 4WD | $98 | $172 | $234 | $14 | $70 | $588 | $49 |
| RAV4 Sport 4WD | $98 | $172 | $234 | $14 | $70 | $588 | $49 |
| RAV4 Sport 4WD | $98 | $172 | $234 | $14 | $70 | $588 | $49 |
| RAV4 Limited 4WD | $98 | $172 | $234 | $14 | $70 | $588 | $49 |
| RAV4 Limited 4WD | $98 | $172 | $234 | $14 | $70 | $588 | $49 |
| RAV4 Limited 2WD | $98 | $172 | $234 | $14 | $70 | $588 | $49 |
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Above prices assume married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Premium costs do not factor in Cleveland location which can revise rates substantially.
Do you need full coverage?
The example below compares Toyota Rav4 insurance costs with liability coverage only compared to full coverage. The premiums assume no accidents, no driving violations, $100 deductibles, drivers are single, and no policy discounts are applied.
Are you wasting money paying for full coverage?
There is no set rule of when to exclude physical damage insurance, but there is a guideline you can consider. If the yearly cost of comp and collision coverage is 10% or more of the vehicle’s replacement cost less your deductible, then you might want to consider buying only liability coverage.
For example, let’s say your Toyota Rav4 settlement value is $6,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, you would only receive $5,000 after paying the physical damage deductible. If premium cost is more than $500 a year to have full coverage, then you may need to consider dropping full coverage.
There are some cases where buying only liability insurance is not a good plan. If you still have a loan on your vehicle, you must maintain physical damage coverage in order to satisfy the requirements of the loan. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should maintain full coverage.
You are unique and your auto insurance should be too
When quoting and choosing proper insurance coverage for your vehicles, there really is no “best” method to buy coverage. Every insured’s situation is different.
These are some specific questions might help in determining whether your personal situation would benefit from professional advice.
- Are my friends covered when driving my Toyota Rav4?
- What is UM/UIM insurance?
- Which companies will insure high-risk drivers?
- How much liability coverage do I need in Ohio?
- Does rental coverage apply when I am renting a car?
- Does my Toyota Rav4 qualify for pleasure use?
- What is the difference between personal and commercial auto insurance policies?
- Do I have coverage when using my vehicle for my home business?
- Do I have coverage if I rent a car in Mexico?
If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed agent. To find an agent in your area, take a second and complete this form. It is quick, free and can provide invaluable advice.
Exclusive and independent insurance agencies
A lot of people prefer to get advice from a local agent and doing that can be a smart decision Licensed agents are trained risk managers and will help you if you have claims. One of the benefits of comparing rates online is you can get the lowest rates and also buy local.
Once you complete this form (opens in new window), your insurance coverage information is submitted to agents in your area who will give you bids to get your business. You won’t need to find an agent on your own because quoted prices will be sent to you instantly. If you need to compare rates from a specific insurance company, just navigate to their website to submit a rate quote request.
Choosing an insurance company requires more thought than just a cheap quote. You should also get answers to these questions.
- If your car is totaled, how to they determine the replacement cost?
- Is the agent and/or agency licensed to do business in Ohio?
- How much experience to they have in personal lines coverages?
- What is the financial rating for the quoted company?
- Which members of your family are coverage by the policy?
- What company holds the largest book of business for them?
- Do they reduce claim amounts on high mileage vehicles?
- Where would your vehicle be repaired?
What type of Cleveland car insurance agent is right for you?
If you are wanting to purchase insurance from local Cleveland agents, you should know the types of insurance agents and how they work. Cleveland agents can be categorized as either independent (non-exclusive) or exclusive. Either one can provide insurance policies, but it’s worth learning the difference between them because it may have an impact on the kind of agent you use.
Exclusive Insurance Agencies
Agents in the exclusive channel can only quote rates from one company such as State Farm, AAA, Farmers Insurance or Allstate. They usually cannot provide other company’s prices so it’s a take it or leave it situation. Exclusive agencies are usually quite knowledgeable on the products they sell which helps overcome the inability to quote other rates. A lot of people buy from exclusive agents primarily because of the brand name and solid financial strength.
The following is a list of exclusive agencies in Cleveland that can give you comparison quotes.
- Farmers Insurance – Earl Soroka
1621 Euclid Ave #408 – Cleveland, OH 44115 – (216) 452-0885 – View Map - Wendy Narad Agency – Farmers Insurance
24800 Chagrin Blvd #100 – Cleveland, OH 44122 – (216) 292-3803 – View Map - Allstate Insurance: Michael Wrobel
17016 Lorain Ave – Cleveland, OH 44111 – (216) 812-5413 – View Map
Independent Agents (or Brokers)
Agents that elect to be independent are not required to write business for one company and that is an advantage because they can write policies amongst many companies and possibly get better coverage at lower prices. If you are not satisfied with one company, an independent agent can move your coverage and you don’t have to do anything. If you need lower rates, you will definitely want to include rate quotes from several independent insurance agents to ensure the widest selection of prices. They often place coverage with companies that do not advertise much which can save you money.
The following are independent insurance agencies in Cleveland that are able to give price quotes.
- Machor Sage Insurance Agency
7379 Pearl Rd # 5 – Cleveland, OH 44130 – (440) 826-0404 – View Map - United Agencies
1422 Euclid Ave # 900 – Cleveland, OH 44115 – (216) 696-8044 – View Map - Oswald Wealth
1100 Superior Ave Suite 1345 – Cleveland, OH 44114 – (216) 367-8787 – View Map
Upon getting good feedback to these questions in addition to an acceptable price estimate, you may have found an auto insurance agent that can be trusted to adequately provide insurance.