Do you get exhausted from not being able to scrape enough together to pay insurance each month? You have the same problem as many other drivers in Hawaii.
Shockingly, the majority of drivers kept their policy with the same company for more than four years, and virtually 40% of consumers have never even compared quotes to find cheaper rates. Consumers in Honolulu could save an average of up to $400 each year just by getting comparison quotes, but most just don't grasp how much savings they would realize if they switched to a cheaper policy.
You have so many insurance companies to buy insurance from, and even though it's nice to have a selection, it makes it harder to compare rates for Toyota Rav4 insurance in Honolulu.
Low-cost Toyota insurance price quotes in Honolulu
The providers in the list below are ready to provide price quotes in Hawaii. If more than one company is shown, we suggest you get price quotes from several of them in order to find the most competitive rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|RAV4 Sport 2WD||$190||$278||$346||$20||$104||$938||$78|
|RAV4 Sport 2WD||$98||$180||$248||$14||$74||$614||$51|
|RAV4 Limited 4WD||$162||$272||$270||$16||$80||$800||$67|
|RAV4 Limited 2WD||$186||$318||$272||$16||$82||$874||$73|
|RAV4 Limited 2WD||$224||$474||$320||$18||$96||$1,132||$94|
|RAV4 Limited 2WD||$126||$216||$264||$16||$80||$702||$59|
|RAV4 Limited 4WD||$228||$412||$264||$16||$80||$1,000||$83|
|RAV4 Sport 4WD||$196||$390||$344||$20||$104||$1,054||$88|
|RAV4 Sport 4WD||$228||$412||$264||$16||$80||$1,000||$83|
|RAV4 Limited 4WD||$122||$246||$344||$20||$104||$836||$70|
|RAV4 Limited 4WD||$122||$246||$344||$20||$104||$836||$70|
|RAV4 Limited 2WD||$142||$286||$300||$18||$90||$836||$70|
|Get Your Own Custom Quote Go|
Premium data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Hawaii minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-policy, and multi-vehicle. Price estimates do not factor in vehicle garaging location which can influence premiums significantly.
Gender differences in car insurance premiums
The illustration below compares Toyota Rav4 insurance prices for male and female drivers. The data is based on a clean driving record, no at-fault accidents, full coverage, $250 deductibles, drivers are single, and no discounts are applied to the premium.
Difference between liability only and full coverage rates
The illustration below examines Toyota Rav4 yearly insurance costs with full physical damage coverage compared to only buying liability only. Data assumes no tickets, no at-fault accidents, $250 deductibles, single male driver, and no discounts are applied to the premium.
When to buy liability coverage only
There is no set rule of when to phase out comprehensive and collision coverage on your policy, but there is a general guideline you can use. If the annual cost of having full coverage is more than around 10% of the vehicle's replacement cost less your deductible, then it may be the right time to buy liability only.
For example, let's say your Toyota Rav4 replacement value is $4,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $3,000 after you pay the deductible. If it's costing in excess of $300 a year for physical damage coverage, then it could be time to drop full coverage.
There are some conditions where buying only liability insurance is not a good plan. If you haven't satisfied your loan, you have to keep full coverage in order to keep the loan. Also, if your emergency fund is not enough to purchase a different vehicle in the event your current vehicle is totaled, you should not consider dropping full coverage.
You may qualify for discounts for Toyota Rav4 insurance in Honolulu
Insuring your vehicles can cost a lot, but you might find some hidden discounts that many consumers don't even know exist. A few discounts will automatically apply at quote time, but a few need to be specially asked for before being credited.
- Driver's Ed - Make teen driver coverage more affordable by requiring them to complete a driver education course as it will make them better drivers and lower rates.
- Multi-policy Discount - If you can bundle your home and auto insurance with one insurance company they may give you a discount of 10% to 20% off each policy.
- Drive Safe and Save - Drivers who don't get into accidents can save up to 40% or more on their Honolulu car insurance quote compared to rates paid by drivers with frequent claims.
- Discount for New Cars - Buying a new car model is cheaper because newer models are generally safer.
- Good Student - Getting good grades may save as much as 25% on a Honolulu car insurance quote. Most companies allow this discount up until you turn 25.
- Online Discount - A handful of auto insurance companies will discount your bill up to fifty bucks get Honolulu car insurance over the internet.
Drivers should understand that many deductions do not apply to the entire policy premium. Some only apply to specific coverage prices like physical damage coverage or medical payments. Despite the appearance that you would end up receiving a 100% discount, nobody gets a free ride.
Some of the larger companies that may offer quotes with some of the above discounts include:
Check with each company or agent which credits you are entitled to. Discounts may not be offered in your area. For a list of auto insurance companies who offer auto insurance discounts in Hawaii, follow this link.
Your situation helps dictate your coverage
When it comes to the right insurance coverage, there really isn't a "best" method to buy coverage. Every situation is different.
Here are some questions about coverages that can help discover if your insurance needs might need professional guidance.
- Am I covered when pulling a rental trailer?
- Does my policy pay for OEM or aftermarket parts?
- How much coverage applies to personal belongings?
- Is extra glass coverage worth it?
- Are my custom wheels covered?
- When should I buy a commercial auto policy?
- Why do I have to buy liability insurance?
If you can't answer these questions but one or more may apply to you then you might want to talk to a licensed agent. If you want to speak to an agent in your area, fill out this quick form.
Are car insurance agents a thing of the past?
Certain consumers still prefer to sit down with an agent and that is OK! One of the great benefits of comparing rates online is the fact that you can find lower rates but still work with a licensed agent. And supporting local agencies is important particularly in Honolulu.
To make it easy to find an agent, after completing this simple form, the quote information is emailed to insurance agents in Honolulu that give free quotes for your business. You won't even need to contact an agency because quoted prices will be sent instantly to you. You'll get the best rates without having to waste a lot of time. If you wish to compare prices from a specific car insurance provider, just search and find their rate quote page to submit a rate quote request.
Best auto insurance agent in Honolulu
If you want to buy car insurance from an insurance agent, it's important to understand the different agency structures and how they operate. Agents in Honolulu are classified as either exclusive or independent agents depending on their company appointments.
Independent Agencies or Brokers
Independent agencies are not required to write business for one company and that gives them the ability to insure through many different car insurance companies and find the cheapest rate. If your agent finds better pricing, an independent agent can move your coverage and you stay with the same agent. When shopping rates, we highly recommend that you get several quotes from at least one independent agent to maximize your price options.
Listed below are Honolulu independent insurance agents that may be able to give you price quotes.
Agents in the exclusive channel can only write with one company and some examples include AAA, Allstate, and State Farm. They generally cannot compare rates from other companies so they are skilled at selling on more than just price. They are very knowledgeable on their products and sales techniques which aids in selling service over price.
Listed below is a short list of exclusive insurance agents in Honolulu that can give you price quotes.
Choosing the best car insurance agent is decision based upon more than just a cheap price. These questions are important to ask:
- Does the company allow you to choose your own collision repair facility?
- Is the quote a firm price?
- How much can you save by raising your physical damage deductibles?
- Are there any discounts that you might be missing?
- Does the agent recommend any additional coverage?
- Are they primarily personal or commercial lines agents in Honolulu?
- Is coverage determined by price?
Upon receiving satisfactory answers to these questions and an affordable coverage quote, you may have just found an insurance agent that meets your needs to service your policy.
Understanding the coverages of car insurance aids in choosing the right coverages for your vehicles. Car insurance terms can be ambiguous and nobody wants to actually read their policy.
Liability car insurance
This will cover damages or injuries you inflict on a person or their property. This coverage protects you from claims by other people. Liability doesn't cover your injuries or vehicle damage.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 20/40/10 which stand for $20,000 bodily injury coverage, $40,000 for the entire accident, and property damage coverage for $10,000. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.
Liability coverage pays for things like legal defense fees, emergency aid, funeral expenses and court costs. The amount of liability coverage you purchase is up to you, but it's cheap coverage so purchase as large an amount as possible. Hawaii requires minimum liability limits of 20/40/10 but you should think about purchasing higher limits.
Coverage for uninsured or underinsured drivers
This protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered losses include hospital bills for your injuries as well as damage to your Toyota Rav4.
Since many Hawaii drivers carry very low liability coverage limits (20/40/10), it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Most of the time the UM/UIM limits are identical to your policy's liability coverage.
Comprehensive car insurance
This pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for claims like fire damage, damage from flooding, falling objects and damage from getting keyed. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle's value it's not worth carrying full coverage.
Coverage for medical expenses
Coverage for medical payments and/or PIP kick in for short-term medical expenses for rehabilitation expenses, hospital visits, surgery and nursing services. They can be utilized in addition to your health insurance plan or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants and will also cover being hit by a car walking across the street. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage
Auto collision coverage
Collision insurance pays for damage to your Rav4 caused by collision with another car or object. A deductible applies then your collision coverage will kick in.
Collision insurance covers claims like sideswiping another vehicle, sustaining damage from a pot hole, colliding with a tree, scraping a guard rail and colliding with another moving vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to bump up the deductible on your Rav4 to save money on collision insurance.
Smart consumers save more
People switch companies for many reasons like questionable increases in premium, high prices, lack of trust in their agent or unfair underwriting practices. No matter why you want to switch, finding a new insurance company is not as difficult as it may seem.
We covered many tips how you can lower your Toyota Rav4 insurance premium rates in Honolulu. It's most important to understand that the more times you quote, the better your chances of lowering your prices. Consumers may even find the lowest premium rates come from some of the lesser-known companies.
As you go through the steps to switch your coverage, make sure you don't buy lower coverage limits just to save a few bucks. There are many occasions where someone sacrificed liability coverage limits to discover at claim time they didn't have enough coverage. Your aim should be to find the BEST coverage at the lowest possible cost.
More detailed insurance information can be read by following these links:
- Event Data Recorders FAQ (iihs.org)
- Who Has Affordable Auto Insurance Rates for Low Credit Scores in Hawaii? (FAQ)
- Who Has Cheap Car Insurance for Lyft Drivers in Hawaii? (FAQ)
- Who Has Cheap Hawaii Car Insurance for a Hyundai Elantra? (FAQ)
- Who Has Cheap Car Insurance Rates with Multiple Speeding Tickets in Hawaii? (FAQ)
- Who Has Affordable Car Insurance for Safe Drivers in Hawaii? (FAQ)
- Who Has the Cheapest Car Insurance for a Toyota Tundra in Hawaii? (FAQ)
- What is a Telematics Device? (Allstate)
- Automakers compete to add autobraking (Insurance Institute for Highway Safety)
- Teen Driving and Texting (State Farm)