Who Has Cheap Columbus Auto Insurance Quotes for a Toyota RAV4?

Toyota Rav4 insurance policy image courtesy of QuoteInspector.com

Buying affordable auto insurance for a Toyota RAV4 in Ohio depends on many different factors such as whether you own a home, if you have a tendency to file claims, and violations on your driving record. Ohio drivers pay around $585 a year to insure their RAV4, but that price is an approximation calculated using a 40-year-old married male driver with full physical damage coverage and $500 deductibles.

The problem with using this number is the good chance you're not a 40-year-old male, possibly single instead of married, or maybe you live in a different area as the quoted rates. This shows why the only way to find the cheapest rates for your Toyota is to compare as many rates as you can.

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Price data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Ohio minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, claim-free, and safe-driver. Rates do not factor in vehicle garaging location which can impact premium rates greatly.

Comparing quotes for low-cost auto insurance is not always easy, and determining which companies have the cheapest car insurance rates for a Toyota RAV4 takes a little more work. Every insurance company has a proprietary method to set premium rates, so first let's look at the rankings for the car insurance companies with the overall cheapest rates in Ohio.

It's important that readers know that Columbus, OH car insurance rates are calculated based on many things which can substantially decrease or increase the cost of your policy. Getting older, buying higher coverage limits, or getting a speeding ticket may generate price changes resulting in some rates now being higher when they were quite affordable.

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Utica National may offer some of the best car insurance rates in Columbus at around $628 a year. This is $412 less than the average policy premium paid by Ohio drivers of $1,040. Allied, Frankenmuth, Erie, and Travelers are also some of the more affordable Columbus, OH car insurance companies.

As depicted above, if you currently buy coverage from Frankenmuth and switched to Utica National, you might achieve savings of around $52. Drivers with Erie might save as much as $59 a year, and Travelers insureds might realize rate reductions of up to $98 a year.

These estimates are averaged for all ages of drivers and types of vehicles and do not factor in a specific zip code for a Toyota RAV4. So the auto insurance company that has the lowest price for you may not even be in the list above. That helps illustrate why you need to compare prices as often as possible using your own specific driver information and vehicle.

Careless Columbus drivers pay higher rates

The recommended way to snag cheap car insurance prices in Columbus for a RAV4 is to be a cautious driver and not have accidents or get tickets. The example below highlights how traffic violations and at-fault claims can impact auto insurance rates for different insured age categories. The price estimates are based on a married male driver, comp and collision included, $250 deductibles, and no other discounts are factored in.

The chart shows that the average cost of car insurance per year with no violations or accidents is $1,214. Receive one speeding ticket and the average cost rises to $1,394, an increase of $180 each year. Now add one accident along with the one speeding ticket and the 12-month cost of car insurance for a Toyota RAV4 increases to an average of $1,896. That's an increase of $682, or $57 per month, just for being a little careless behind the wheel!

Your low-price policy may be costing you money

Ohio car insurance rates are impacted by many factors that control the policy premium. Improving your credit score, marrying your spouse, or getting a driving violation may generate price changes that can cause some rates to be cheaper than competitors.

Not only may your situation change, but car insurance companies change the rates they charge in Ohio at least once a year to reflect underwriting profits or losses. Unexpectedly high claims can result in additional premium costs, while profitable underwriting may produce cheaper RAV4 insurance rates.

To illustrate this example, the bar chart below analyzes the cheapest car insurance in Columbus, OH for a 45-year-old male driver with no accidents or violations, and a high credit rating. When comparing rates based on his personal risk profile, Utica National may offer the most affordable car insurance rates in Columbus at $804 each year. This is $236 less than the average premium paid by Ohio drivers of $1,040. Allied, Erie, Frankenmuth, and Travelers are the rest of the most affordable Columbus, OH auto insurance companies.

The next chart shows rates after we give the driver from the above example an at-fault accident, poor credit, and a stop sign violation. Since each company uses their own calculation for establishing rates, getting updated rate quotes could now result in a substantially altered list of the cheapest car insurance companies in Columbus as shown below.

Merchants Insurance Group now has the lowest car insurance rate in Columbus, OH with Cincinnati Insurance, Grange Mutual, Motorists Mutual, and General Casualty now being in the top five. This example illustrates why Columbus drivers need to do a thorough rate comparison when trying to find the best insurance quotes for a Toyota RAV4. Insurance prices consist of many risk factors and can increase or decrease at any time, so the most economical company when you bought your policy may now be quite expensive.

If you prefer to have some professional guidance when comparing insurance rates for a Toyota RAV4, the professional agents shown below can probably help you determine which coverage fits your budget.

To locate a Columbus auto insurance agent by location nearest to you, click the button following the list.

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