Toyota RAV4 Insurance Costs: Everything You Need to Know if You’ve Had a Recent Accident
A Toyota RAV4 can last over 200,000 miles, but every car should have insurance regardless of its reliability. For one thing, you can get a ticket for driving without auto coverage. Legal consequences aside, insurance helps cover medical and repair bills in case of an accident. Auto insurance costs vary depending on your car, age, and even where you live. If you’re deemed liable for a collision with another driver, your auto insurance rates will likely spike significantly. Here’s what you need to know if you’re a Toyota RAV4 driver who just experienced a car accident.
How much is Toyota RAV4 insurance?
You’ll probably spend about $1,800 yearly on Toyota RAV4 insurance if you have good credit and a clean driving record. That’s also assuming you’re in your 40s. Thirty-something drivers typically pay $200 more in annual premiums, while a 20-year-old might pay close to $2,600, CarEdge explains.
Poor credit tends to raise auto insurance premiums the most, resulting in annual premiums over $3,000 for the average Toyota driver. If your Toyota vehicle is involved in an at-fault accident, your annual premiums could total $2,670 for at least a few years.
The RAV4 is the cheapest Toyota model to insure after an accident
Even after an at-fault accident, a Toyota RAV4’s insurance rates still fall below average, at $2,111 annually. If you have bad credit, your yearly premiums will probably total around $2,470. Good drivers with no outstanding credit issues or accidents might pay only $1,438 a year.
In addition, the Tacoma, 4Runner, and Camry are cheaper to insure after an accident than the average Toyota model. A collision will cause most Toyota auto insurance to jump to about $2,500 to $2,800 a year. The Supra is the most expensive Toyota car to wreck, with yearly premiums costing an average of $5,100 afterward.
There are plenty of other reasons to consider this Toyota SUV
This best-selling Toyota SUV doesn’t boast the most power, but it tackles most daily-driving tasks effortlessly. Its four-cylinder engine, paired with an eight-speed automatic transmission, makes 203 hp and 184 lb-ft of torque. All-wheel drive can be added to each trim and comes standard on the Adventure and TRD Off-Road models.
The Toyota RAV4 Adventure is a good SUV for light off-roading thanks to its bigger wheels and auxiliary oil cooler. The AWD terrain select system features drive modes for snow, muddy or sandy surfaces, and rocks/dirt. And the TRD Off-Road model is optimized with a special off-roading suspension and all-terrain tires, along with all of the Adventure’s extra equipment.
Both of those rugged trims also have moonroofs and synthetic leather upholstery. The Toyota RAV4 seats five riders and has decent legroom for both rows. It also features a split-folding rear seatback to maximize the cargo area.
The 2023 Toyota RAV4 provides over 37 cubic feet of storage space behind the rear seats. That expands to around 70 cubic feet with the second row folded flat.
The 2023 Toyota RAV4 is relatively affordable, starting at $27,975 for the base LE. This trim includes tech features such as a Wi-Fi hotspot, a virtual voice-activated assistant, and wireless smartphone integration. It also boasts all the advanced driver-assistance systems (ADAS) that consumers typically want, including forward automatic emergency braking and collision warning.
The only safety features that aren’t standard are the digital rearview mirror, parking sensors, blind-spot monitors, and a 360-degree camera system. More ADAS features can help mitigate damage and injuries in an accident. Given its relatively cheap insurance rates and low purchase price, the Toyota RAV4 is a solid all-around buy.