Compare the Cost of Toyota RAV4 Insurance by Model Year and Company

MoneyGeek found that the average Toyota RAV4 insurance cost is $1,181 per year. The cost is slightly higher than the rates for inexpensive models like Ford Escape and Honda CR-V but is lower than most other inexpensive, moderate and expensive vehicles. The rates will vary based on your insurance company, driver profile and car's model year.

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Different insurance companies quote different rates for the same car. To get the best insurance rate for your Toyota RAV4, it pays to shop around. A comparison of rates from different insurance companies will help you find the best deal possible. Quotes can change based on your car's model year and your driver profile.

Key Takeaways

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It costs an average of $1,181 per year to insure a Toyota RAV4, compared to $1,428 for the average car model.

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A Toyota RAV4 insurance quote can change by as much as $582 per year, depending on the company.

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The cost of insurance for a Toyota RAV4 can change as much as $275 per year based on how old your car is, with insurance rates being cheaper for older models.

How Much It Costs to Insure a Toyota RAV4 and the Cheapest Company

When comparing insurance companies, MoneyGeek found a significant difference in each provider's Toyota RAV4 insurance rates. The average cost to insure a Toyota RAV4 is $1,181 per year.

GEICO offers the cheapest rate at an average of $945 per year, while Allied charges roughly $1,527. That means you can save up to $582 per year if you go with the cheapest insurer.

The Average Annual Cost of Toyota RAV4 Insurance by Company

MoneyGeek used a sample driver profile to gather the insurance rates quoted by various insurance providers. For this scenario, the driver has 100/300/100 liability insurance with comprehensive and collision coverage.

The Average Cost to Insure a Toyota RAV4 by Company

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Is a Toyota RAV4 Expensive to Insure?

Insurance companies use certain criteria to calculate a vehicle's insurance cost. Expensive cars have higher insurance rates due to their high value. Sports cars also have higher insurance since those driving those types of vehicles are likely to indulge in risky driving.

A Toyota RAV4 is not expensive to insure due to its low value and low horsepower. When a car has a low value, it costs less to repair. Additionally, cars with less horsepower have lower odds of getting into major accidents, making them less risky to insure.

The Best Car Insurance Company for a Toyota RAV4

Cost shouldn’t be the only consideration when it comes to getting your Toyota RAV4 insured. Ensure that you're working with a company that can make your experience hassle-free and positive.

Money Geek created an insurer's rating system to find the best insurance company for Toyota RAV4. Based on customer complaints, affordability, customer satisfaction and financial stability, we found that:

  • USAA is the best car insurance company for Toyota RAV4 drivers. However, it is only available for military members and their families.
  • GEICO, which is available for all drivers, comes second place.

1
USAA
Score:95

4.7/5

Affordability

4.5/5

Claims Ratings

5/5

User Satisfaction

5/5

Financial Stability

2
GEICO
Score:90

5/5

Affordability

3.5/5

Claims Ratings

3/5

User Satisfaction

5/5

Financial Stability

3
Progressive
Score:81

4.2/5

Affordability

4/5

Claims Ratings

3/5

User Satisfaction

4.5/5

Financial Stability

4
State Farm
Score:78

3.8/5

Affordability

4/5

Claims Ratings

3/5

User Satisfaction

5/5

Financial Stability

5
Allstate
Score:69

3/5

Affordability

4.5/5

Claims Ratings

3/5

User Satisfaction

4.5/5

Financial Stability

How Much It Costs to Insure a Toyota RAV4 by Model Year

Older versions of Toyota RAV4 tend to get cheaper insurance quotes. When a car’s value depreciates, collision and comprehensive insurance also decrease. While the average cost of auto insurance for a 2005 model Toyota RAV4 is $991, the cost for a 2020 model is $1,266. That's a difference of $275.

Based on the car’s model year, insurers may offer cheaper rates. GEICO offers the cheapest annual insurance for a 2020 Toyota RAV4 at roughly $1,002.

In the below table, you can select the model year of your Toyota RAV4 and compare the rates between various companies.

The Average Cost to Insure a Toyota RAV4 by Model Year

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  • Company
    Average Annual Rates (2020 model)
    Average Annual Rates (2019 model)
    Average Annual Rates (2018 model)
    Average Annual Rates (2017 model)
    Average Annual Rates (2016 model)
    Average Annual Rates (2010 model)
    Average Annual Rates (2005 model)
  • 1.
    $1,002
    $975
    $971
    $947
    $966
    $895
    $861
  • 2.
    $1,085
    $1,097
    $1,099
    $1,086
    $1,061
    $911
    $799
  • 3.
    $1,212
    $1,210
    $1,174
    $1,164
    $1,144
    $1,061
    $925
  • 4.
    $1,283
    $1,296
    $1,285
    $1,270
    $1,252
    $1,086
    $950
  • 5.
    $1,344
    $1,362
    $1,294
    $1,307
    $1,402
    $1,303
    $1,216

How Expensive Is It to Insure a Toyota RAV4 Compared to Other Cars?

Insuring a Toyota RAV4, regardless of its model year, is inexpensive compared to most other makes and models. It costs an average of $1,181 per year to insure a Toyota RAV4, which is $247 less per year than the national average.

How Much It Costs to Insure a Toyota RAV4 for 16- to 25-Year-Olds

Driving experience counts when it comes to insuring a car. Given their inexperience and consequent risk to insure, a young driver can expect to pay more for car insurance.

The average insurance cost for Toyota RAV4 for an 18-year-old driver is $3,854 per year compared to a 40-year-old driver paying an average of $2,673. If you’re a teen driver, you can save money by getting added to your parent’s car insurance plan rather than insuring your car yourself.

The table below will help you find the cost of insuring a Toyota RAV4 for young drivers aged between 16 and 25.

The Average Cost to Insure a Toyota RAV4 by Driver Age

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  • Age
    Average Annual Rates
  • 16
    $4,940
  • 17
    $4,376
  • 18
    $3,854
  • 19
    $2,760
  • 20
    $2,463
  • 21
    $1,950
  • 22
    $1,796
  • 23
    $1,644
  • 24
    $1,543
  • 25
    $1,400
  • 40
    $1,181

How Does Location Affect the Cost of Toyota RAV4 Insurance?

The Toyota RAV4 insurance rates discussed in this article are just a national average. That said, where you're insuring the car will significantly impact the insurance cost. Our state page analysis displays the cost of insuring a Toyota RAV4 in individual states.

FAQs About Toyota RAV4 Insurance

Your car’s model is one of the significant factors that impact its insurance cost. The answers below can answer a few of the common questions you might have about insuring a Toyota RAV4.

Read More About Car Insurance

Methodology

MoneyGeek collected insurance rates for the Toyota RAV4 for all available model years. The rates are calculated for a full coverage policy with:

  • $100,000 in bodily injury liability insurance per person
  • $300,000 in bodily injury liability insurance per accident
  • $100,000 in property damage liability insurance per accident
  • Comprehensive and collision insurance with a $1,000 deductible

About the Author


expert-profile

Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.