Cheap Insurance for a Toyota Rav4 in Lincoln

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Want to know how to find cheaper Toyota Rav4 insurance in Lincoln? Cutting costs on Toyota Rav4 insurance in Lincoln is very difficult for beginners to quoting and comparing prices online. With literally dozens of companies in the marketplace, it can be a real difficult job to find cheaper prices in Nebraska.

Insurance for Toyota Rav4Unbelievable but true, over 70% of drivers kept buying from the same company for over three years, and about 40% of consumers have never compared rates with other companies. Many consumers in Lincoln could pocket about 30% a year by just shopping around, but most tend to underestimate how much money they would save if they swap their current policy for a cheaper one.

Finding and comparing the best coverage in Lincoln is not that difficult. In essence, everyone who is required by state law to have car insurance most likely will find lower prices. Although Nebraska drivers should learn how big insurance companies calculate your policy premium because it varies considerably.

Low Cost car insurance in Lincoln, NE

The following companies are our best choices to provide price quotes in Nebraska. If you want the best auto insurance in Lincoln, NE, we recommend you get prices from several of them to get the best price comparison.

Rates and other information

The data table shown below highlights detailed analysis of insurance premium costs for Toyota Rav4 models. Having a better understanding of how insurance policy rates are determined can be valuable when making decisions on the best policy to buy.

Toyota Rav4 Insurance Rates in Lincoln, NE
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
RAV4 2WD $188 $314 $300 $18 $90 $910 $76
RAV4 Sport 2WD $188 $314 $300 $18 $90 $910 $76
RAV4 4WD $188 $314 $300 $18 $90 $910 $76
RAV4 Limited 2WD $188 $314 $300 $18 $90 $910 $76
RAV4 Limited 4WD $188 $314 $300 $18 $90 $910 $76
RAV4 Limited 4WD $188 $314 $300 $18 $90 $910 $76
RAV4 Sport 4WD $188 $314 $300 $18 $90 $910 $76
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Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Nebraska minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Premium costs do not factor in the specific area where the vehicle is garaged which can raise or lower price quotes noticeably.

Comparison of policy deductibles

When comparing car insurance rates, the most common question is how low should you set your deductibles. The rates below sum up the differences in premium rates between high and low policy deductibles. The first set of rates uses a $250 comprehensive and collision deductible and the second pricing table uses a $1,000 deductible.

Toyota Rav4 insurance prices with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
RAV4 2WD $232 $390 $300 $18 $90 $1,055 $88
RAV4 Sport 2WD $232 $390 $300 $18 $90 $1,055 $88
RAV4 4WD $232 $390 $300 $18 $90 $1,055 $88
RAV4 Limited 2WD $232 $390 $300 $18 $90 $1,055 $88
RAV4 Limited 4WD $232 $390 $300 $18 $90 $1,055 $88
RAV4 Limited 4WD $232 $390 $300 $18 $90 $1,055 $88
RAV4 Sport 4WD $232 $390 $300 $18 $90 $1,055 $88
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Toyota Rav4 insurance prices with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
RAV4 2WD $144 $246 $300 $18 $90 $798 $67
RAV4 Sport 2WD $144 $246 $300 $18 $90 $798 $67
RAV4 4WD $144 $246 $300 $18 $90 $798 $67
RAV4 Limited 2WD $144 $246 $300 $18 $90 $798 $67
RAV4 Limited 4WD $144 $246 $300 $18 $90 $798 $67
RAV4 Limited 4WD $144 $246 $300 $18 $90 $798 $67
RAV4 Sport 4WD $144 $246 $300 $18 $90 $798 $67
Get Your Own Custom Quote Go

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Nebraska minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, safe-driver, and multi-vehicle. Price information does not factor in vehicle location which can affect prices greatly.

Based on this data, we can arrive at the conclusion that using a $250 deductible will cost in the ballpark of $21 more each month or $252 every year than selecting the higher $1,000 deductible. Since you would have to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you have at least 36 months between claims, you would most likely save money if you opt for a higher deductible.

Impact of speeding/accidents on Lincoln car insurance rates

The chart below highlights how traffic violations and fender-benders drive up Toyota Rav4 insurance costs for each age group. The rates are based on a single female driver, full physical damage coverage, $250 deductibles, and no additional discounts are factored in.

Difference between liability only and full coverage rates

The example below illustrates the difference between Toyota Rav4 annual premium costs when comparing full coverage to state minimum liability only. The premiums assume no claims or driving violations, $500 deductibles, marital status is single, and no discounts are applied to the premium.

Should you be buying full coverage?

There is no definitive rule of when to exclude full coverage on your policy, but there is a general convention. If the yearly cost of full coverage is about 10% or more of the settlement you would receive from your company, then you might consider buying liability only.

For example, let's say your Toyota Rav4 claim settlement value is $6,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $5,000 after paying your policy deductible. If premiums are more than $500 annually for comprehensive and collision coverage, then it might be time to buy liability only.

There are some circumstances where removing full coverage is not advised. If you still owe a portion of the original loan, you must maintain physical damage coverage to satisfy the loan requirements. Also, if you cannot afford to purchase a different vehicle if your current one is damaged, you should not consider dropping full coverage.

Cheap Lincoln insurance quotes with discounts

Car insurance can cost a lot, but there's a good chance there are discounts to help bring down the price. Larger premium reductions will be automatically applied when you complete an application, but a few must be asked for before you will receive the discount. If you do not check that you are getting every discount possible, you may be paying too high a price.

  • Home Ownership Discount - Owning your own home or condo can help you save on insurance because owning a home demonstrates responsibility.
  • Clubs and Organizations - Belonging to a qualifying organization could qualify you for a break on your next insurance statement.
  • Paperless Signup - A handful of insurance companies will give you a small discount shop Lincoln auto insurance over the internet.
  • Discount for Life Insurance - Not every insurance company offers life insurance, but if they do you may earn lower premium rates if you buy life insurance.
  • College Student - Children who live away from home at college without a vehicle on campus may qualify for this discount.

You should keep in mind that most credits do not apply to the whole policy. Some only apply to specific coverage prices like physical damage coverage or medical payments. Even though it appears adding up those discounts means a free policy, companies wouldn't make money that way. Any amount of discount will lower your premiums.

The example below illustrates the difference between Toyota Rav4 insurance costs with and without discounts applied to the rates. The costs are based on a female driver, no claims or violations, Nebraska state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, multi-car, claim-free, multi-policy, and marriage discounts applied.

Large insurance companies and some of the premium reductions they offer can be read below.

  • State Farm discounts include good student, anti-theft, defensive driving training, good driver, and driver's education.
  • Esurance has discounts for Switch & Save, multi-car, anti-theft, good driver, DriveSense, and online shopper.
  • Progressive offers discounts including multi-vehicle, good student, homeowner, online quote discount, online signing, multi-policy, and continuous coverage.
  • Liberty Mutual has savings for preferred payment discount, multi-policy, new move discount, multi-car, exclusive group savings, and good student.
  • Auto-Owners Insurance offers premium reductions for teen driver, safe driver, group or association, anti-lock brakes, and paid in full.
  • GEICO includes discounts for defensive driver, emergency military deployment, military active duty, daytime running lights, driver training, good student, and federal employee.

Before buying, ask all companies you are considering which discounts they offer. Some of the earlier mentioned discounts might not be offered on policies in Lincoln.

Compare rates but still have a neighborhood Lincoln auto insurance agent

Many people still like to talk to a local agent. One of the benefits of comparing rates online is that drivers can save money and get lower rates but still work with a licensed agent. Supporting neighborhood insurance agencies is important particularly in Lincoln.

After filling out this quick form, your insurance data is submitted to participating agents in Lincoln who will gladly provide quotes to get your business. It's much easier because you don't need to search for an agent since price quotes are sent to the email address you provide. You can get cheaper auto insurance rates and a licensed agent to work with. If you want to quote rates from a specific insurance company, you would need to jump over to their website and complete a quote there.

If you prefer to buy auto insurance from a reputable agency, you should know the different types of agencies and how they differ in how they quote coverages. Agents in Lincoln can either be exclusive or independent (non-exclusive).

Independent Agents (or Brokers)

Independent agencies can sell policies from many different companies so they have the ability to put coverage with a variety of different insurance companies and possibly get better coverage at lower prices. If they find a cheaper price, they can switch companies in-house and you won't have to switch agencies. If you are trying to find cheaper rates, you should always contact multiple independent agents for the best price selection. Most also have access to companies that do not advertise much which can save you money.

Listed below are independent insurance agencies in Lincoln that can possibly get you free price quotes.

More Lincoln agents

Exclusive Auto Insurance Agencies

Agents of this type can usually just insure with one company and some examples include State Farm or Allstate. Exclusive agents are unable to give you multiple price quotes so they really need to provide good service. Exclusive agencies are trained well on what they offer which helps overcome the inability to quote other rates. A lot of people use the same exclusive agent mostly because of the brand name and the convenience of having a single billing for all their coverages.

Listed below is a short list of exclusive agents in Lincoln that can give you price quotes.

More Lincoln agents

Choosing the best auto insurance agent shouldn't rely on just the bottom line cost. Here are some questions you might want to ask.

  • Are aftermarket or OEM parts used to repair vehicles?
  • Do they have cheaper tiers of coverage?
  • How often do they review coverages?
  • Do they reduce claim amounts on high mileage vehicles?
  • Do you qualify for any additional discounts?
  • Did they already check your driving record and credit reports?
  • Can they provide you with a list of referrals?
  • Are they actively involved in the community?

Frequent quotes can save

You just learned quite a bit of information on how to reduce Toyota Rav4 insurance prices online in Lincoln. The key thing to remember is the more rate quotes you have, the better your chances of lowering your rates. You may even discover the best price on insurance is with the smaller companies.

Insureds switch companies for a number of reasons such as poor customer service, delays in paying claims, high prices and even questionable increases in premium. Regardless of your reason for switching companies, finding a new company can be pretty painless.

Cheaper Toyota Rav4 insurance in Lincoln is available on the web in addition to many Lincoln insurance agents, so you should compare both in order to have the best chance of saving money. Some companies do not provide rates over the internet and most of the time these regional carriers prefer to sell through independent agents.

How to find affordable Toyota Rav4 insurance in Lincoln

Really, the only way to save on Toyota Rav4 insurance in Lincoln is to start doing an annual price comparison from companies that sell auto insurance in Nebraska. This can be done by following these guidelines.

  1. Get a basic knowledge of how insurance companies determine prices and the modifications you can make to keep rates down. Many things that result in higher rates like inattentive driving and a less-than-favorable credit history can be remedied by paying attention to minor details.
  2. Obtain price quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can provide rates from one company like GEICO and State Farm, while agents who are independent can provide price quotes for a wide range of companies.
  3. Compare the new quotes to your existing rates and see if you can save money. If you find a lower rate, verify that coverage does not lapse between policies.
  4. Tell your current agent or company to cancel your current policy. Submit a completed application and payment to your new insurance company. When you receive it, place your new certificate verifying proof of insurance with the vehicle registration.

One important bit of advice is to try to use the same physical damage deductibles and liability limits on every quote and and to compare as many companies as you can. This provides a fair price comparison and a thorough selection of prices.

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