Have you finally had enough of sacrificing other expenses to insure your Toyota every month? You are no different than the majority of other drivers in Nevada.
A recent auto insurance study revealed that a large majority of consumers have remained with the same auto insurance company for more than four years, and just under half have never compared rates to find cheap insurance. With the average auto insurance premium being $1,620, Henderson drivers can cut their rates by $545 a year just by comparing rates, but they don't believe the big savings they would realize if they switch to a new company.
You have multiple insurers to insure vehicles with, and although it's nice to have a choice, it can be more difficult to locate the cheapest rates for Toyota Rav4 insurance in Henderson.
Lower-cost Henderson auto insurance quotes with discounts
Auto insurance can be pricey, but you might already qualify for some discounts that you may not even be aware of. Certain discounts will be applied when you get a quote, but occasionally some discounts must be specifically requested before they will apply. If you do not double check each discount possible, you may be paying too high a price.
- Distant Student Discount - Kids who live away from home at college and do not have access to a covered vehicle can be insured at a reduced rate.
- Employee of Federal Government - Having worked for a branch of the government may reduce rates when you quote Henderson car insurance with certain companies.
- Cautious Drivers - Insureds who avoid accidents can pay as much as 50% less compared to rates paid by drivers with frequent claims.
- Telematics Devices - Drivers who elect to allow driving data submission to spy on driving patterns by using a telematics device in their vehicle such as Snapshot from Progressive or Drivewise from Allstate could possibly reduce rates if they show good driving skills.
- Life Insurance - Not all insurance carriers offer life insurance, but some may give you lower rates if you buy some life insurance in addition to your auto policy.
- Policy Bundle Discount - If you can bundle your auto and homeowners insurance with the same company you may earn nearly 15% which can help you find the cheapest Toyota Rav4 insurance in Henderson.
- Early Signing - Some insurance companies give discounts for buying a new policy early. The savings is around 10%.
- Low Mileage Discounts - Keeping the miles down on your Toyota can qualify you for substantially lower prices.
- Paperwork-free - Many auto insurance companies will give you a small discount get Henderson car insurance on the web.
Policy discounts save money, but most of the big mark downs will not be given to the whole policy. The majority will only reduce specific coverage prices like comp or med pay. Even though it appears it's possible to get free car insurance, you're out of luck. Any amount of discount should help lower the premium cost.
Insurance companies who may offer many of the previously listed discounts are:
Before you buy a policy, ask all the companies the best way to save money. Savings may not apply to policies in Henderson. To find insurers that offer discounts in Henderson, click here.
How much does Toyota Rav4 insurance in Henderson, Nevada cost?
Just keep in mind that comparing a large number of companies helps improve the odds of finding the best price. Some companies don't provide Henderson Rav4 insurance quotes over the internet, so you should also compare quotes from them as well.
The car insurance companies shown below provide quotes in Henderson, NV. If multiple providers are shown, we recommend you visit two to three different companies to get a more complete price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|RAV4 Sport 2WD||$228||$470||$348||$20||$104||$1,170||$98|
|RAV4 Sport 2WD||$184||$334||$290||$18||$86||$912||$76|
|RAV4 Limited 4WD||$238||$402||$308||$18||$92||$1,058||$88|
|RAV4 Limited 2WD||$228||$470||$348||$20||$104||$1,170||$98|
|RAV4 Limited 2WD||$294||$590||$416||$24||$124||$1,448||$121|
|RAV4 Limited 2WD||$150||$276||$296||$18||$88||$828||$69|
|RAV4 Limited 4WD||$302||$478||$404||$24||$120||$1,328||$111|
|RAV4 Sport 4WD||$190||$372||$372||$22||$112||$1,068||$89|
|RAV4 Sport 4WD||$228||$494||$348||$20||$104||$1,194||$100|
|RAV4 Limited 4WD||$150||$268||$290||$18||$86||$812||$68|
|RAV4 Limited 4WD||$228||$470||$324||$20||$96||$1,138||$95|
|RAV4 Limited 2WD||$228||$454||$400||$24||$120||$1,226||$102|
|Get Your Own Custom Quote Go|
Table data represents single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Nevada minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Rate quotes do not factor in specific zip code location which can alter prices substantially.
Rate difference between full and liability-only coverage
The diagram below shows the difference between Toyota Rav4 auto insurance rates with full coverage compared to only the Nevada minimum liability coverage. The price estimates are based on a clean driving record, no claims, $1,000 deductibles, married male driver, and no additional discounts are factored in.
Deciding between full coverage and liability only
There is no written rule of when to drop physical damage coverage on your policy, but there is a broad guideline. If the yearly cost of full coverage is more than 10% of any settlement you would receive from your insurance company, the it may be a good time to stop paying for full coverage.
For example, let's say your Toyota Rav4 settlement value is $7,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $6,000 after paying your deductible. If it's costing in excess of $600 annually for physical damage coverage, then you might want to think about dropping full coverage.
There are a few situations where buying only liability insurance is not financially feasible. If you still have a lienholder on your title, you are required to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should not opt for liability only.
Learn How to Lower Your Insurance Prices
Smart consumers have a good feel for the factors that go into determining the level of your policy premiums. If you have some idea of what impacts premium levels, this helps enable you to make changes that can earn you big savings. Many factors are used when you get your auto insurance bill. Some are obvious such as traffic violations, but other criteria are more obscure like where you live or your financial responsibility.
- Get a ticket, pay higher premiums - Having just one driving citation may increase your cost by as much as twenty percent. Drivers with clean records get better prices than their less careful counterparts. Drivers unfortunate enough to have serious citations such as DUI, reckless driving or excessive speeding are required to file a proof of financial responsibility form (SR-22) with their state's licensing department in order to legally drive.
- Better rates on cars with good safety ratings - Safer cars can get you lower premiums. Highly rated vehicles protect occupants better and reduced instances of injuries means lower claim amounts which can mean better rates for you. If the Toyota Rav4 is rated at least an "acceptable" rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may be receiving a better rate.
- GPS tracking and theft deterrents lower premiums - Purchasing a vehicle with advanced anti-theft systems can save you a little every year. Systems that thwart thieves like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can thwart auto theft and help lower rates.
- Your vocation can affect rates - Do you work in a high-stress field? Occupations such as fire fighters, executives and financial analysts generally have the highest rates attributed to intense work situations and extremely grueling work hours. Conversely, professions such as actors, historians and homemakers get better rates.
Can't I get rate quotes from local Henderson insurance agents?
Many drivers just want to buy from a local agent and that is a smart decision An additional benefit of getting free rate quotes online is that you can obtain lower rates but also keep your business local. Buying from local agencies is definitely important in Henderson.
To make it easy to find an agent, after completing this short form, the coverage information is sent to local insurance agents who will return price quotes to get your business. You never need to find an agent on your own because quoted prices will be sent to you. You can most likely find cheaper rates and a licensed agent to talk to. If you want to compare rates from a specific insurance company, just navigate to their website to submit a rate quote request.
If you are wanting to purchase insurance from a reliable insurance agent, it's helpful to know the different types of agencies that you can choose from. Insurance policy providers may be either exclusive or independent agents depending on their company appointments.
Independent insurance agents can quote rates with many companies so they can quote policies with lots of companies and find you cheaper rates. If they quote lower rates, they simply switch companies in-house and the insured can keep the same agent.
If you need lower rates, you will definitely want to get rate quotes from independent agents to have the best price comparison.
Featured below is a partial list of independent insurance agents in Henderson that can give you free insurance rate quotes.
Avenue Insurance Agency
1258 Rising Cloud Cir - Henderson, NV 89052 - (702) 933-3289 - View Map
Steve Leone and Sarah Loy (Leone and Loy Agency) representing American National Insurance Company
1368 Paseo Verde Pkwy #200a - Henderson, NV 89012 - (702) 368-4040 - View Map
Exclusive Insurance Agencies
Agents in the exclusive channel can only place business with one company and examples are State Farm, Allstate and AAA. These agents are not able to provide prices from multiple companies so always compare other rates. Exclusive insurance agents are usually well trained on their company's products which can be an advantage.
The following are exclusive insurance agents in Henderson who can help you get rate quotes.
Picking the best insurance agent should include more criteria than just a low price. You should also get answers to these questions.
- Will they take your side in the event of a claim?
- Is their price quote a firm figure or are their hidden costs?
- When do they do policy reviews?
- Do they have cheaper tiers of coverage?
- How much can you save by raising your physical damage deductibles?
- Do they offer rental car reimbursement?
Three reasons auto insurance is important
Despite the potentially high cost of Toyota Rav4 insurance, paying for auto insurance serves an important purpose.
First, the majority of states have compulsory liability insurance requirements which means it is punishable by state law to not carry specific minimum amounts of liability insurance if you drive a vehicle. In Nevada these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if your Rav4 has a lienholder, it's most likely the lender will stipulate that you carry insurance to ensure the loan is repaid in case of a total loss. If coverage lapses or is canceled, the lender may insure your Toyota at a significantly higher premium and require you to pay the higher premium.
Third, auto insurance preserves not only your vehicle but also your financial assets. It will also pay for medical transport and hospital expenses for you, any passengers, and anyone injured in an accident. Liability coverage, the one required by state law, also pays expenses related to your legal defense if you are named as a defendant in an auto accident. If you receive damage to your vehicle caused by a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will pay to restore your vehicle to like-new condition.
The benefits of buying auto insurance outweigh the cost, particularly when you have a large claim. According to a survey of 1,000 drivers, the average driver overpays more than $700 annually so compare rate quotes each time the policy renews to ensure rates are inline.
Be persistent to save money
In this article, we covered a lot of ways to get a better price on Toyota Rav4 insurance in Henderson. The key concept to understand is the more providers you compare, the better likelihood of getting the cheapest Toyota Rav4 rate quotes. Consumers may even find the best prices are with a smaller regional carrier. These companies may only write in your state and offer lower rates than the large multi-state companies such as State Farm, GEICO and Nationwide.
Cheap Toyota Rav4 insurance in Henderson can be bought on the web as well as from insurance agents, and you need to price shop both in order to have the best chance of saving money. Some companies don't offer rate quotes online and these smaller companies provide coverage only through independent agents.
When buying insurance coverage, it's a bad idea to buy poor coverage just to save money. There are too many instances where someone dropped liability coverage limits only to find out they didn't have enough coverage. Your strategy should be to buy a smart amount of coverage at the best price.
More detailed car insurance information can be read at these sites:
- Teen Driving Statistics (iihs.org)
- Who Has the Cheapest Nevada Auto Insurance Rates for Uber Drivers? (FAQ)
- Who Has Cheap Auto Insurance Quotes for a Toyota Camry in Nevada? (FAQ)
- What Auto Insurance is Cheapest for Unemployed Drivers in Nevada? (FAQ)
- Which Company has the Cheapest Auto Insurance in Spring Creek, NV? (FAQ)
- What Auto Insurance is Cheapest in Dayton, Nevada? (FAQ)
- Steps to Take After an Auto Accident (Insurance Information Institute)
- Five Mistakes to Avoid (Insurance Information Institute)
- Think You're a Safe Driver? (State Farm)
- Teen Driving and Texting (State Farm)