Buying cheap insurance for a Toyota RAV4 in Michigan is fairly easy, but it relies on a fairly complex equation with a lot of factors such as your gender, your credit history, and driving citations. Michigan drivers pay around $1,899 annually for RAV4 insurance, but that price is a valuation based upon a 30-year-old single male driver with full comprehensive and collision coverage and $1,000 deductibles.
When making auto insurance estimates, the issue arises that you may not be 30 years old (or even male), you might be married instead of single, and maybe you want different deductibles. The different assumptions illustrate why the best method for finding cheap insurance prices for your Toyota is to compare as many rates as possible.
Find Cheaper Toyota RAV4 Insurance
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| RAV4 2WD | $376 | $566 | $904 | $54 | $270 | $2,170 | $181 |
| RAV4 Sport 2WD | $376 | $566 | $904 | $54 | $270 | $2,170 | $181 |
| RAV4 4WD | $376 | $566 | $904 | $54 | $270 | $2,170 | $181 |
| RAV4 Limited 2WD | $376 | $566 | $904 | $54 | $270 | $2,170 | $181 |
| RAV4 Limited 4WD | $376 | $566 | $904 | $54 | $270 | $2,170 | $181 |
| RAV4 Limited 4WD | $376 | $566 | $904 | $54 | $270 | $2,170 | $181 |
| RAV4 Sport 4WD | $376 | $566 | $904 | $54 | $270 | $2,170 | $181 |
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Prices above based on single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Michigan minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Rate quotes do not factor in specific Detroit garaging location which can modify price quotes greatly.
Detroit insurance companies ranked
Buying coverage from the highest-rated insurance provider can be difficult considering how many companies there are to choose from in Detroit. The company information shown next may help you choose which car insurance companies you want to consider when shopping around.
The ratings below are for companies with a national presence, so companies without a large exposure are not factored into these rankings. To compare rates from these and other companies in Michigan, just click here.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| The Hartford | 88 | 96 | 91 | 93% | A+ | 92.6 |
| Progressive | 84 | 94 | 99 | 90% | A+ | 92.4 |
| State Farm | 84 | 93 | 95 | 87% | A++ | 91 |
| Farmers Insurance | 87 | 92 | 90 | 85% | A | 90.6 |
| Safeco Insurance | 85 | 91 | 87 | 86% | A | 88.4 |
| USAA | 71 | 93 | 98 | 87% | A++ | 88 |
| GEICO | 73 | 93 | 95 | 85% | A++ | 87.1 |
| 21st Century | 85 | 85 | 91 | 89% | A | 86.9 |
| Liberty Mutual | 72 | 91 | 97 | 83% | A | 86.4 |
| AAA Insurance | 85 | 85 | 88 | 86% | A | 85.8 |
| Nationwide | 71 | 90 | 93 | 83% | A+ | 84.9 |
| Allstate | 69 | 92 | 92 | 83% | A+ | 84.4 |
| American Family | 77 | 96 | 80 | 85% | A | 83.8 |
| Esurance | 70 | 80 | 89 | 77% | A+ | 79.2 |
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Data Source: Insure.com Best Car Insurance Companies
Rate increases following a ticket or accident
The easiest method to maintain affordable insurance premiums in Michigan for a RAV4 is to be a careful driver and avoid accidents and traffic citations. The chart below demonstrates how speeding tickets and accident claims can impact auto insurance rates for different categories of driver ages. The data assumes a single female driver, full physical damage coverage, $250 deductibles, and no other discounts are factored in.
In the previous chart, the average cost of auto insurance in Detroit per year with no accidents or violations is $4,057. Get written up for one speeding ticket and the average cost surges to $4,601, an increase of $544 each year. Next add two accidents along with the one speeding ticket and the annual cost of insurance for a Toyota RAV4 jumps again to an average of $9,301. That’s an increase of $5,245, or $437 per month, just for being a little careless behind the wheel!
Low rates can quickly become overpriced
Detroit insurance rates are impacted by many things that will increase or decrease the price you pay for coverage. Simply getting older, having a claim, or getting a ticket for running a stop sign can produce rate changes that can make some companies cheaper than competitors.
Not only may your situation change, but insurance companies file new Michigan car insurance rates at least once a year in order to be able to pay unexpected claims. A period of higher than normal claims may cause additional price hikes, while profitable underwriting may result in cheaper RAV4 insurance rates.
For instance, the graph below analyzes the cheapest car insurance in Detroit, MI for a 45-year-old male driver with no prior accidents, a clean driving record, and a decent credit rating. When comparing rates based on his current risk factors, USAA may offer the most affordable car insurance rates in Detroit at $2,279 a year. This is $114 less than the average premium paid by Michigan drivers of $2,393. GEICO, Safeco, MetLife, and Chubb are the rest of the top five cheapest Detroit, MI auto insurance companies.
Let’s now give the driver from the first rate comparison a chargeable accident, bad credit, and an imperfect driving record. Due to the fact that every auto insurer uses their own calculation to set premium rates, comparing quotes will most likely result in a significantly different list of the cheapest Detroit car insurance companies as shown below.
Safeco now has the cheapest auto insurance in Detroit, MI with Pioneer State Mutual, GEICO, USAA, and Hastings Mutual also being competitive. This shows why Detroit drivers need to compare lots of rates when trying to find cheap insurance quotes for a Toyota RAV4. Rates are influenced by many factors and can change without notice, so the lowest-price company a year ago may now not even be in the top five.
How to find more affordable insurance for a Toyota RAV4
The list below details a few thrifty solutions that can help Michigan drivers get cheap coverage.
- Frequent claims may make car insurance unaffordable
- Raise your deductibles
- Prevent price hikes by avoiding at-fault accidents
- Save money by obeying traffic laws and keeping a clean driving record
- Do not pay for comprehensive and collision coverage on older vehicles
- Compare rates regularly to ensure the best deal
That last piece of advice is notably critical, as was emphasized in this article. Auto insurance rates in Detroit change a lot, so don’t be unwilling to switch to a new company if a cheaper rate is available.
Loyalty to a specific company is fine, but it’s not a good idea if that dedication is costing thousands of dollars over the life of your policy. It only take a few minutes to compare prices and find cheaper insurance for a Toyota RAV4.
If you like to get some professional input when shopping for cheaper insurance for a RAV4, the agents listed below can probably answer your questions and help you decide which car insurance company is the best fit. To find an auto insurance agency using an interactive map, click the button at the bottom.
- L.A. Insurance Agency
15607 Grand River Ave – Detroit, MI 48227 – (313) 835-4000 - Michigan SR22 Insurance – Select Insurance Group
Atwater St – Detroit, MI 48226 – (877) 949-7873 - Kim-One Insurance Agency
11000 W McNichols Rd – Detroit, MI 48221 – (313) 397-4198