How Much are Insurance Quotes for a Toyota RAV4 in Tennessee?

Your ability to find cheap insurance for a Toyota RAV4 in Tennessee depends on a very complex rating algorithm that uses multiple factors such as how you use your RAV4, if you have recent claims, and your choice of deductibles. Drivers pay an average rate of $880 each year for RAV4 insurance, but that is that rates a 50-year-old single female who purchased full physical damage coverage and $250 deductibles.

It’s more than likely you are not 50 and maybe not even a female, possibly married instead of single, or maybe you have a speeding ticket or two that will increase rates. What seems to be a minor change in policy rating variables could result in a significant change in the rate quoted for a Toyota RAV4.

Insurance is an individual thing, so the best way to find cheap insurance prices for your Toyota is to take your time and compare rates from as many companies as possible. It’s really quite easy you will get price quotes from top-rated car insurance companies in Tennessee.

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Prices based on single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Tennessee minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, homeowner, and multi-vehicle. Rates do not factor in your specific Tennessee location which can modify premium rates noticeably.

Comparing rates for reasonably-priced insurance is not always easy, and finding out which companies offer the cheapest auto insurance rates for a Toyota RAV4 involves even more shopping around. Each company has a proprietary formula to set policy rates, so let’s begin by examining the overall cheapest auto insurance companies in Tennessee.

It’s a good idea to be aware that Tennessee auto insurance rates are impacted by many things which can substantially change the price you have to pay for coverage. Price variation is why Tennessee drivers need to take the time to shop around when trying to find the most budget-friendly car insurance rates for a Toyota RAV4. Insurance prices can be determined by many things and can increase or decrease at any time, so the cheapest option a year ago may now be an over-priced policy.

Best Car Insurance Prices for Your Toyota

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Utica National offers some of the cheapest car insurance rates in Tennessee at around $737 annually. Cincinnati Insurance, Auto-Owners, Penn National, and Tennessee Farmers are also some of the more affordable Tennessee auto insurance companies.

In the above rates, if you currently have a policy with Penn National and switched to Utica National, you could earn annual savings of roughly $171. Drivers with Tennessee Farmers could save as much as $186 a year, and USAA insureds might lower prices by up to $210 a year.

These policy rates are averaged across all drivers and vehicles and are not factoring in a specific rate value for a Toyota RAV4. So the car insurance company that can offer the best rates for your situation may not even be included in the list of companies shown earlier. That’s why you need to quote rates from as many companies as possible using your own driver and vehicle profiles.

Discounts on cheap insurance for a Toyota RAV4 in Tennessee

Insurance companies that provide policies for a Toyota RAV4 may also give you special discounts that can reduce rates by as much as 35% or more if you meet certain criteria. Companies and a partial list of their discounts are detailed below.

• GEICO has savings for military active duty, defensive driver, emergency military deployment, multi-vehicle, and five-year accident-free.
• SAFECO may offer discounts for teen safe driver, safe driver, anti-lock brakes, accident prevention training, teen safety rewards, and drive less.
• State Farm offers premium reductions for Drive Safe & Save, safe vehicle, driver’s education, good student, and passive restraint.
• MetLife may include discounts for good driver, defensive driver, multi-policy, claim-free, accident-free, good student
• 21st Century discounts include good student, 55 and older, air bags, student driver, and defensive driver.
• Progressive policyholders can earn discounts including multi-policy, multi-vehicle, continuous coverage, good student, and homeowner.

The chart below shows the comparison of insurance costs with and without policy discounts. The data is based on a female driver, no claims or driving violations, Tennessee state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The lower bar shows the rates with safe-driver, vehicle safety, claim-free, multiple vehicle, homeowner, and passive restraint discounts applied. When drivers take advantage of discounts, the the average amount saved on auto insurance for a Toyota RAV4 is 28% or $473.

Illustration showing the impact of accidents and violations

In a perfect world, the best way to find cheap auto insurance rates in Tennessee for a RAV4 is to be a good driver and avoid getting tickets or having accidents. The illustration below shows how traffic citations and accidents can increase insurance premiums for different categories of driver ages. The premium estimates are based on a married male driver, full physical damage coverage, $1,000 deductibles, and no policy discounts are applied.

The data above shows the average cost of auto insurance in Tennessee per year with no accidents or violations is $1,223. Get written up for two speeding tickets and the average cost surges to $1,676, an increase of $454 each year. Then add one accident along with the two speeding tickets and the 12-month cost of auto insurance for a Toyota RAV4 goes up to an average of $2,140. That’s an increase of $917, or $76 per month, just for being a little careless behind the wheel!

How to find cheap insurance for a Toyota RAV4 in Tennessee

Lowering your rates is not difficult, and here are some penny-pinching suggestions that can help Tennessee drivers get cheap auto insurance.

• Good credit can help you save money
• Avoid having at-fault accidents
• Buy a safer vehicle
• Ensure your driving record is clean
• Raise your physical damage coverage deductibles
• Ensure you have the best deal by shopping around regularly

The final tip is highly valuable, as we pointed out in this write-up. Car insurance prices can change significantly in a year, so don’t be afraid to change insurance companies if a lower-cost policy is available.

Being loyal to a particular company is commendable, but it isn’t a good idea if it’s costing you a considerable chunk of change every month. It only take a few minutes to shop around to find cheaper car insurance for a Toyota RAV4.

Best rates: Geico, State Farm, Allstate, or Progressive

If you are shopping around for insurance for a RAV4 in Tennessee, some of the largest companies to start with are Geico, State Farm, Allstate, and Progressive. Each company has a little bit different set of discounts and options that may steer you one way or another. The following table rates some of the different options and features offered by each one.