The recommended way to get low-cost Toyota Rav4 insurance is to regularly compare quotes from providers that sell auto insurance in Charlotte. You can compare rates by following these guidelines.
- Try to comprehend auto insurance and the factors you can control to keep rates down. Many factors that result in higher prices such as traffic tickets, fender benders, and bad credit can be controlled by making minor changes to your lifestyle. Continue reading for tips to help keep rates affordable and find hidden discounts.
- Quote rates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only provide price estimates from a single company like GEICO or State Farm, while agents who are independent can provide prices from multiple insurance companies. Find a Charlotte insurance agent
- Compare the new rate quotes to your existing rates to see if a cheaper rate is available in Charlotte. If you find a lower rate and switch companies, make sure there is no lapse in coverage.
- Provide proper notification to your current company of your intent to cancel your current auto insurance policy. Submit payment and a completed application to the newly selected company. Be sure to place the new certificate verifying proof of insurance in your vehicle.
The key thing to know about shopping around is that you’ll want to compare identical coverage information on each quote and and to get price quotes from as many companies as possible. Doing this ensures a fair price comparison and the most accurate and complete price analysis.
A recent study showed that a large majority of consumers renewed their policy with the same company for over three years, and virtually 40% of consumers have never compared rates to find cheap insurance. With the average premium in North Carolina being $980, drivers could save nearly 10% a year, but they think it’s difficult to find cheap car insurance rates.
If you currently have a car insurance policy, you will definitely be able to reduce the price you pay using this information. Comparing quotes for affordable auto insurance in Charlotte is not as difficult as people think. Although North Carolina consumers need to learn how the larger insurance companies sell insurance online because it can help you find the best coverage.
Cheap Charlotte insurance rates with discounts
Insurance is neither fun to buy or cheap, but you might find some hidden discounts to reduce the price significantly. Certain discounts will be applied when you purchase, but once in a while a discount must be specifically requested before you will receive the discount.
- No Accidents – Charlotte drivers who stay claim-free get the best insurance rates in comparison to policyholders that have many claims.
- Professional Memberships – Having an affiliation with qualifying clubs or civic groups is a good way to get lower rates on your next renewal.
- Early Renewal Discounts – Some insurance companies provide a discount for buying a policy before your current Rav4 insurance policy expires. You can save around 10% with this discount.
- Paperwork-free – Many insurance companies will provide an incentive simply for signing over the internet.
- Good Grades Discount – Being a good student could provide a savings of up to 20% or more. Most companies allow this discount up to age 25.
- Multi-car Discount – Purchasing coverage when you have more than one vehicle on one policy can get a discount for every vehicle.
- Senior Citizen Discount – If you’re over the age of 55, you could receive a small decrease in premiums.
- Student in College – Youth drivers who are enrolled in a college that is more than 100 miles from Charlotte and do not have a car can be insured at a reduced rate.
Keep in mind that some credits don’t apply to your bottom line cost. Most cut individual premiums such as comp or med pay. So when the math indicates having all the discounts means you get insurance for free, you won’t be that lucky. But all discounts should definitely cut your insurance premiums.
The information below visualizes the comparison of Toyota Rav4 annual premium costs with and without discounts applied to the rates. The price estimates are based on a male driver, no claims or violations, North Carolina state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-policy, safe-driver, multi-car, claim-free, and homeowner discounts applied.
The best insurance companies and some of their more popular discounts are detailed below.
- Progressive includes discounts for good student, multi-vehicle, homeowner, multi-policy, and continuous coverage.
- SAFECO has savings for accident prevention training, multi-car, teen safety rewards, drive less, safe driver, anti-lock brakes, and teen safe driver.
- American Family may offer discounts for Steer into Savings, bundled insurance, accident-free, defensive driver, good driver, and early bird.
- MetLife may have discounts that include defensive driver, multi-policy, good student, good driver, accident-free, claim-free
- GEICO offers premium reductions for driver training, seat belt use, daytime running lights, multi-policy, good student, anti-theft, and five-year accident-free.
- The Hartford offers discounts for defensive driver, air bag, vehicle fuel type, anti-theft, driver training, bundle, and good student.
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.
The quickest method we recommend to compare insurance rates from multiple companies is to know the trick most larger insurance companies participate in a system to give free rates quotes. All consumers are required to do is provide the companies a bit of rating information such as driver details, your occupation, how much education you have, and how many miles driven. That rating data is submitted instantly to many highly-rated insurers and they return cost estimate with very little delay.
To start a quote now, click here and enter your zip code.
The car insurance companies shown below provide price quotes in North Carolina. In order to find cheap auto insurance in North Carolina, we suggest you click on several of them to get the cheapest price.
Rates and detailed analysis
The coverage information below showcases different rate quotes for Toyota Rav4 models. Knowing how prices are calculated can aid in making smart buying decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| RAV4 2WD | $92 | $170 | $234 | $14 | $70 | $580 | $48 |
| RAV4 2WD | $92 | $170 | $234 | $14 | $70 | $580 | $48 |
| RAV4 2WD | $92 | $170 | $234 | $14 | $70 | $580 | $48 |
| RAV4 4WD | $92 | $170 | $234 | $14 | $70 | $580 | $48 |
| RAV4 4WD | $92 | $170 | $234 | $14 | $70 | $580 | $48 |
| RAV4 Sport 2WD | $92 | $170 | $234 | $14 | $70 | $580 | $48 |
| RAV4 Sport 2WD | $92 | $170 | $234 | $14 | $70 | $580 | $48 |
| RAV4 Limited 4WD | $92 | $170 | $234 | $14 | $70 | $580 | $48 |
| RAV4 Limited 2WD | $92 | $170 | $234 | $14 | $70 | $580 | $48 |
| RAV4 Limited 2WD | $92 | $170 | $234 | $14 | $70 | $580 | $48 |
| RAV4 Limited 2WD | $92 | $170 | $234 | $14 | $70 | $580 | $48 |
| RAV4 Limited 4WD | $92 | $170 | $234 | $14 | $70 | $580 | $48 |
| RAV4 Sport 4WD | $92 | $170 | $234 | $14 | $70 | $580 | $48 |
| RAV4 Sport 4WD | $92 | $170 | $234 | $14 | $70 | $580 | $48 |
| RAV4 Limited 4WD | $92 | $170 | $234 | $14 | $70 | $580 | $48 |
| RAV4 Limited 4WD | $92 | $170 | $234 | $14 | $70 | $580 | $48 |
| RAV4 Limited 2WD | $92 | $170 | $234 | $14 | $70 | $580 | $48 |
| Get Your Own Custom Quote Go | |||||||
Data based on married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, claim-free, and multi-vehicle. Premium amounts do not factor in your specific Charlotte location which can modify coverage rates significantly.
Price comparison of only insuring for liability
The example below shows the comparison of Toyota Rav4 yearly insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The rate quotes are based on no accidents or driving violations, $100 deductibles, single status, and no additional discounts are factored in.
When to eliminate full coverage
There is no set rule of when to phase out physical damage coverage, but there is a guideline you can consider. If the annual cost of your full coverage insurance is 10% or more of the vehicle’s replacement cost less your deductible, then you may need to consider dropping full 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 damaged in an accident, the most your company would pay you is $5,000 after paying the physical damage deductible. If premium cost is more than $500 a year for physical damage coverage, then you might want to consider buying only liability coverage.
There are a few situations where removing full coverage is not financially feasible. If you still owe a portion of the original loan, you are required to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage on your policy.
Insurance agents near you
A lot of people still prefer to sit down with an agent and we recommend doing that The best thing about price shopping on the web is the fact that drivers can get cheaper auto insurance rates and still have a local agent. Buying insurance from neighborhood insurance agencies is important especially in Charlotte.
After completing this short form, your information gets sent to participating agents in Charlotte that can provide free Charlotte car insurance quotes to get your business. There is no reason to contact an agency due to the fact that quote results will go straight to your inbox. You can find the lowest rates without the usual hassles of price shopping. If you wish to get a comparison quote from one company in particular, you can always navigate to their website and complete a quote there.
Types of car insurance agents
When researching a reputable agency, it helps to know the two different agency structures and how they are slightly different. Agents can be classified as either exclusive or independent (non-exclusive).
Independent Agents (or Brokers)
Agents of this type often have affiliation with several companies and that is an advantage because they can write policies with any number of different companies and find the cheapest car insurance rates. If you want to switch companies, they simply switch companies in-house and you don’t have to find a new agent.
When shopping rates, we highly recommend that you get several quotes from at least one independent agent in order to compare the most rates. Most can insure with smaller mutual companies who may have lower rates.
Below are Charlotte independent insurance agencies that may be able to provide price quotes.
- Johnson Insurance Management, LLC
3220 Wilkinson Boulevard Ste A3 – Charlotte, NC 28208 – (704) 394-7327 – View Map - Swimmer Insurance Agency
725 Providence Rd #100 – Charlotte, NC 28207 – (704) 333-6694 – View Map - Nationwide Insurance: Timothy G Hausmann Agency
2313 Randolph Rd – Charlotte, NC 28207 – (704) 332-0011 – View Map
Exclusive Agents
Exclusive insurance agents have only one company to place business with and some examples include American Family, State Farm, and AAA. They usually cannot place coverage with different providers so they are skilled at selling on more than just price. They are well schooled on what they offer which helps them compete with independent agents. Many people buy from the same agent for years primarily because of the prominent brand name and the convenience of having a single billing for all their coverages.
The following is a short list of exclusive insurance agencies in Charlotte that can give you price quote information.
- George Pettice – State Farm Insurance Agent
820 Tyvola Rd #103 – Charlotte, NC 28217 – (704) 523-1717 – View Map - Allstate Insurance: Bob White
601 S Kings Dr, Ste FF – Charlotte, NC 28204 – (704) 376-3479 – View Map - State Farm: Happy Mullen
2201 South Blvd #420 – Charlotte, NC 28203 – (704) 362-0800 – View Map
Choosing the best auto insurance agent requires you to look at more than just a low price. Ask your prospective agent these questions:
- Will you work with the agent or an assistant?
- How does the company pay claims for a total loss?
- Are claims handled at the agent’s location?
- How long have they been in business?
- Is coverage determined by price?
Don’t give up on cheaper rates
We’ve covered many tips how you can lower your Toyota Rav4 insurance premium rates in Charlotte. The key concept to understand is the more you quote Charlotte car insurance, the more likely it is that you will get a better rate. You may even be surprised to find that the lowest priced auto insurance comes from an unexpected company.
Insureds who switch companies do it for many reasons like policy cancellation, lack of trust in their agent, poor customer service or delays in responding to claim requests. Regardless of your reason, switching auto insurance companies is less work than it seems.
When you buy Charlotte car insurance online, it’s a bad idea to skimp on coverage in order to save money. In many cases, someone dropped collision coverage and discovered at claim time that the savings was not a smart move. The proper strategy is to buy the best coverage you can find at an affordable rate.
Additional information can be found at these links:
- Child Safety Seats (Insurance Information Institute)
- Who Has Cheap Charlotte Auto Insurance for 4×4 Vehicles? (FAQ)
- Who Has the Cheapest Car Insurance for High Mileage Drivers in Charlotte? (FAQ)
- Who Has Affordable Car Insurance Rates for Real Estate Agents in Charlotte? (FAQ)
- Who Has Cheap Charlotte Car Insurance Quotes for Felons? (FAQ)
- What Car Insurance is Cheapest for a Toyota Camry in Charlotte? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for Veterans in Charlotte? (FAQ)
- Higher speed limits cause more fatalities (Insurance Institute for Highway Safety)
- Smart Auto Insurance Tips (Insurance Information Institute)
- Uninsured Motorist Statistics (Insurance Information Institute)