Would you like to stop overpaying and find low-cost insurance rates in Miami, FL? Miami shoppers have options when shopping for the lowest priced Toyota Rav4 insurance. They can either spend hours calling around getting price quotes or leverage the internet to compare rates. There are more efficient ways to buy insurance and we’ll show you the proper way to get price quotes on a Toyota and get the lowest price from both online companies and Miami agents.
Which Toyota Rav4 insurance is cheapest in Miami, FL?
Getting a cheaper price on insurance is actually quite simple. All that’s required is to spend a few minutes on the computer comparing rate quotes from different insurance companies.
The providers in the list below are our best choices to provide price quotes in Miami, FL. If multiple companies are listed, we recommend you get rate quotes from several of them to get the best price comparison.
Check for these premium slashing discounts
The cost of insuring your cars can be expensive, but there may be some discounts that may help make it more affordable. A few discounts will be applied when you get a quote, but occasionally some discounts must be asked about before being credited.
- Active Military Service – Having a deployed family member can result in better auto insurance rates.
- Student in College – Any of your kids who are enrolled in higher education away from home and do not have access to a covered vehicle could get you a discount.
- Buy New and Save – Buying insurance on a new vehicle can get you a discount due to better safety requirements for newer vehicles.
- Online Discount – A few companies provide a small discount for buying your policy online.
- Student Discounts – Performing well in school can save 20 to 25%. You can use this discount normally up until you turn 25.
- Multiple Cars – Buying a policy with all your vehicles on a single policy could earn a price break for each car.
- Student Discount for Driver Training – Have your child successfully complete driver’s ed class as it will make them better drivers and lower rates.
- Auto/Life Discount – Some companies give a break if you buy a life policy as well.
It’s important to understand that many deductions do not apply to the whole policy. Most only cut specific coverage prices like physical damage coverage or medical payments. Even though it appears you could get a free auto insurance policy, it just doesn’t work that way.
The illustration below illustrates the difference between Toyota Rav4 insurance costs with and without policy discounts. The premium estimates are based on a female driver, a clean driving record, no claims, Florida 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-policy, homeowner, multi-car, safe-driver, claim-free, and marriage discounts applied.
A few companies that may include some of the above discounts may include but are not limited to:
When getting a coverage quote, ask each company to apply every possible discount. Depending on the company, some discounts may not apply in Miami. To view insurers offering auto insurance discounts in Miami, follow this link.
Facts and figures for Toyota Rav4 insurance
The premium information below outlines detailed analysis of prices for Toyota Rav4 models. Having knowledge of how policy premiums are established can help customers make informed decisions when comparing rate quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| RAV4 2WD | $352 | $746 | $504 | $30 | $152 | $1,784 | $149 |
| RAV4 2WD | $352 | $746 | $504 | $30 | $152 | $1,784 | $149 |
| RAV4 2WD | $352 | $746 | $504 | $30 | $152 | $1,784 | $149 |
| RAV4 4WD | $352 | $746 | $504 | $30 | $152 | $1,784 | $149 |
| RAV4 4WD | $352 | $746 | $504 | $30 | $152 | $1,784 | $149 |
| RAV4 Sport 2WD | $352 | $746 | $504 | $30 | $152 | $1,784 | $149 |
| RAV4 Sport 2WD | $352 | $746 | $504 | $30 | $152 | $1,784 | $149 |
| RAV4 Limited 4WD | $352 | $746 | $504 | $30 | $152 | $1,784 | $149 |
| RAV4 Limited 2WD | $352 | $746 | $504 | $30 | $152 | $1,784 | $149 |
| RAV4 Limited 2WD | $352 | $746 | $504 | $30 | $152 | $1,784 | $149 |
| RAV4 Limited 2WD | $352 | $746 | $504 | $30 | $152 | $1,784 | $149 |
| RAV4 Limited 4WD | $352 | $746 | $504 | $30 | $152 | $1,784 | $149 |
| RAV4 Sport 4WD | $352 | $746 | $504 | $30 | $152 | $1,784 | $149 |
| RAV4 Sport 4WD | $352 | $746 | $504 | $30 | $152 | $1,784 | $149 |
| RAV4 Limited 4WD | $352 | $746 | $504 | $30 | $152 | $1,784 | $149 |
| RAV4 Limited 4WD | $352 | $746 | $504 | $30 | $152 | $1,784 | $149 |
| RAV4 Limited 2WD | $352 | $746 | $504 | $30 | $152 | $1,784 | $149 |
| Get Your Own Custom Quote Go | |||||||
Table data represents single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Florida minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, claim-free, and safe-driver. Table data does not factor in specific Miami garaging location which can lower or raise premiums greatly.
The information below demonstrates how deductible levels and can increase or decrease Toyota Rav4 insurance rates for each different age group. Data assumes a single female driver, comp and collision included, and no policy discounts are applied.
Toyota Rav4 insurance costs by gender and age in Miami
The illustration below illustrates the comparison of Toyota Rav4 premium costs for male and female drivers. The price estimates are based on a clean driving record, no claims, comp and collision included, $250 deductibles, drivers are not married, and no discounts are taken into consideration.
Does it make sense to buy full coverage?
The diagram below shows the difference between Toyota Rav4 car insurance costs with full coverage compared to only the Florida minimum liability coverage. The rate quotes are based on no driving violations, no at-fault accidents, $1,000 deductibles, single status, and no discounts are applied to the premium.
Deciding between full coverage and liability only
There is no specific rule for eliminating physical damage coverage, but there is a broad guideline. If the annual cost of having full coverage is more than 10% of replacement cost minus your deductible, then you may need to consider dropping full coverage.
For example, let’s pretend your Toyota Rav4 replacement cost is $9,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $8,000 after the policy deductible has been paid. If premium cost is more than $800 a year to have full coverage, then you might want to think about dropping full coverage.
There are some conditions where dropping physical damage coverage is not a good plan. If you still owe money on your vehicle, you are required to maintain full coverage in order to satisfy the requirements of the loan. Also, if your emergency fund is not enough to purchase a different vehicle in the even your car is totaled, you should not consider dropping full coverage.
Auto insurance agents can help
Many people still prefer to have an agent’s advice and we recommend doing that Professional agents can help you build your policy and help file insurance claims. One of the benefits of getting free rate quotes online is the fact that you can find cheaper rates and still buy from a local agent.
To make it easy to find an agent, after completing this short form, your insurance data is transmitted to local insurance agents who will give competitive quotes to get your business. It makes it easy because there is no need to do any legwork because prices are sent to you directly. If you wish to compare prices from a particular provider, feel free to find their quoting web page and give them your coverage information.
Choosing an provider should depend on more than just the bottom line cost. The answers to these questions are important, too.
- Do you qualify for any additional discounts?
- Do they make recommendations based only on price?
- Are they able to influence company decisions when a claim is filed?
- Will one accident increase rates?
- How long has their agency been open in Miami?
Multiple types of auto insurance agents in Miami
If you want a local Miami insurance agent, there are two types of agencies and how they work. Agents in Miami can be classified as either independent or exclusive depending on the company they work for. Either one can do a good job, but it is important to understand the differences since it may influence the type of agent you choose.
Exclusive Insurance Agents
These type of agents have only one company to place business with such as Farmers Insurance, American Family, State Farm and Allstate. They are unable to give you multiple price quotes so they have no alternatives for high prices. Exclusive insurance agents are usually quite knowledgeable on the products they sell and that can be a competitive advantage. A lot of people choose to use a exclusive agent mostly because of the brand instead of buying on price only.
Below is a list of exclusive insurance agencies in Miami willing to provide price quote information.
- Rick Burke – State Farm Insurance Agent
2250 S Dixie Hwy Ste. 2 – Miami, FL 33133 – (305) 860-0616 – View Map - Allstate Insurance: Pamela Brumer
141 Alton Rd – Miami Beach, FL 33139 – (305) 531-1223 – View Map - Allstate Insurance: Ramon Balladares
2455 SW 27th Ave #210 – Miami, FL 33145 – (305) 859-8556 – View Map
Independent Agencies or Brokers
Independent insurance agents are appointed with more than one company so they have the ability to put coverage amongst many companies enabling the ability to shop coverage around. If you want to switch companies, your policy is moved internally and the insured can keep the same agent. When comparing rate quotes, you will definitely want to check rates from multiple independent agents so that you can do a thorough price comparison. Most can insure with smaller companies which can be an advantage.
The following is a list of independent insurance agents in Miami willing to provide price quote information.
- Universe Insurance Agency, Inc.
1563 NW 27th Ave – Miami, FL 33125 – (305) 633-6111 – View Map - Sunshine Insurance Agency Inc
2595 SW 87th Ave – Miami, FL 33165 – (305) 559-7873 – View Map - Royal Palm Insurance Agency Inc
9900 NW 27th Ave – Miami, FL 33147 – (305) 835-6080 – View Map
Smart Buyers Save Money
Smart consumers have a good feel for the different types of things that are used to determine your policy premiums. If you understand what impacts premium levels, this helps enable you to make changes that could result in lower rates. Many factors are part of the calculation when pricing auto insurance. A few of the factors are predictable such as your driving record, but others are less apparent like your continuous coverage or how financially stable you are.
The factors shown below are some of the most common factors auto insurance companies consider when setting premiums.
- Where you call home plays a part – Being located in less populated areas of the country may provide you with better prices when buying auto insurance. Less people living in that area means a lower chance of having an accident. Urban drivers regularly have congested traffic and a longer drive to work. More time on the road statistically corresponds to a higher accident and claim rate.
- Is you job costing you more? – Did you know your occupation can influence how much you pay for auto insurance? Occupations like military personnel, architects, and medical professionals generally have higher rates than average due to intense work requirements and extremely grueling work hours. On the flip side, jobs like actors, historians and retirees pay the least.
- High credit scores equal low premiums – Having a bad credit history is likely to be a major factor in your rate calculation. Insureds with good credit tend to be less risk to insure than drivers with worse credit. If your credit is lower than you’d like, you could pay less to insure your Toyota Rav4 by taking the time to improve your credit score.
- Stay claim-free and lower rates – If you frequently file small claims, you can pretty much guarantee much higher rates or policy non-renewal. Insurance companies in Florida provide better rates to insureds that do not abuse their auto insurance. Your insurance policy is meant to be used in the event of major claims that would cause financial hardship.
- Policy add-ons add up – Insurance policies have a lot of additional extra coverages that may not really be needed on your auto insurance policy. Coverage for things like coverage for rental cars, towing, and additional equipment coverage could be just wasting money. They may sound like good ideas initially, but your money might be better spent on other coverage so eliminate them to save money.
Protect more than your Toyota vehicle
Even though Miami Rav4 insurance rates can get expensive, auto insurance is a good idea for several reasons.
- Most states have minimum mandated liability insurance limits which means you are required to carry a specific minimum amount of liability insurance coverage in order to be legal. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you have a lien on your Toyota, most lenders will stipulate that you buy full coverage to ensure they get paid if you total the vehicle. If you default on your policy, the lender may have to buy a policy to insure your Toyota at a much higher premium rate and require you to reimburse them for it.
- Auto insurance preserves not only your vehicle but also your assets. It will also reimburse you for medical expenses incurred in an accident. Liability coverage, the one required by state law, will also pay for a defense attorney in the event you are sued. If your car is damaged in a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will cover the damage repairs after a deductible is paid.
The benefits of insuring your car more than offset the price you pay, particularly for liability claims. On average, a vehicle owner in Miami is wasting up to $869 every year so smart consumers compare quotes at every policy renewal to ensure rates are inline.
Affordable auto insurance premiums are out there
Budget-friendly auto insurance in Miami is available from both online companies in addition to many Miami insurance agents, and you should compare rates from both to have the best chance of lowering rates. There are still a few companies who do not offer the ability to get quotes online and most of the time these regional insurance providers work with local independent agents.
Consumers leave their current company for many reasons like policy cancellation, extreme rates for teen drivers, poor customer service or being labeled a high risk driver. Regardless of your reason, finding a new company is pretty simple and you could end up saving a buck or two.
In this article, we presented some good ideas how to get a better price on Toyota Rav4 insurance in Miami. The most important thing to understand is the more you quote Miami car insurance, the better your comparison will be. You may even find the biggest savings come from an unexpected company.
How to buy affordable Toyota Rav4 insurance in Miami
The recommended way to get affordable auto insurance rates is to compare quotes once a year from insurance carriers who sell auto insurance in Miami.
- First, read about how insurance companies determine prices and the measures you can control to prevent expensive coverage. Many rating factors that increase rates like accidents, careless driving, and a negative credit rating can be remedied by improving your driving habits or financial responsibility.
- Second, compare rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only give rate quotes from a single company like GEICO and State Farm, while independent agents can provide prices from multiple insurance companies. Begin your rate comparison
- Third, compare the quotes to your current policy premium and see if you can save money. If you can save some money and decide to switch, ensure there is no coverage lapse between policies.
- Fourth, provide notification to your current agent or company of your decision to cancel your current auto insurance policy and submit payment and a signed application to your new agent or company. As soon as coverage is bound, keep your new proof of insurance paperwork in an easily accessible location.
The most important part of this process is to make sure you enter identical coverages on every price quote and and to get price estimates from as many different insurance providers as possible. Doing this enables an accurate price comparison and a complete rate analysis.
Helpful resources
- Rearview cameras reduce backing crashes (Insurance Institute for Highway Safety)
- Who Has Affordable Miami Car Insurance Quotes for a Toyota Highlander? (FAQ)
- Who Has Affordable Car Insurance for a 20 Year Old Female in Miami? (FAQ)
- Who Has Affordable Car Insurance for Drivers with a DUI in Miami? (FAQ)
- How Much are Miami Car Insurance Rates for a Toyota RAV4? (FAQ)
- Who Has Cheap Auto Insurance Rates for Handicapped Drivers in Miami? (FAQ)
- Who Has Cheap Auto Insurance Rates for a Chevrolet Silverado in Miami? (FAQ)
- Five Steps to Filing an Auto Insurance Claim (Insurance Information Institute)
- Understanding your Policy (NAIC.org)