Toyota Car Insurance: How Much Is Toyota Insurance? 2024

The typical monthly cost to insure a Toyota is $260, which adds up to about $3,122 per year.

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Updated: 05 December 2024
Written by Bob Phillips
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Toyota, established in 1937, is a Japanese automaker known for its reliable, fuel-efficient vehicles, producing a wide range of cars, trucks, and hybrids, including the pioneering Prius. Several factors influence the cost of insuring a Toyota. Your age, driving history, and where you live significantly impact your car insurance premium. Insurance companies use these details to evaluate the risk involved in insuring your Toyota. The average cost to insure a Toyota is $3,122 per year.

How Much Does Toyota Insurance Cost?

The monthly average cost to insure a Toyota is $260, equating to about $3,122 annually. However, actual insurance costs can vary significantly based on factors such as your age, driving history, location, and the specific Toyota model.

Average Toyota Insurance Cost By Model

A key factor in determining your car insurance rate is the model that you drive. According to our analysis, the average cost of insuring a Toyota, across all models, is $4,197 per year.

The Toyota RAV4 is the cheapest model to insure, at $2,477 per year. On the other hand, the Toyota Supra is the most expensive, at an average of $5,974 per year.
Use the table below to compare insurance rates for Toyota models.

Toyota Model Average Yearly Insurance Cost
Toyota 4Runner $2,529
Toyota Avalon $3,291
Toyota C-HR $3,187
Toyota Camry $2,534
Toyota Corolla $3,307
Toyota Highlander $3,005
Toyota Land Cruiser $3,396
Toyota Prius $3,069
Toyota RAV4 $2,477
Toyota Sequoia $2,701
Toyota Sienna $2,948
Toyota Supra $5,974
Toyota Tacoma $2,542
Toyota Tundra $2,938
Toyota Yaris $2,931

Keep in mind that these numbers are just averages, and the real cost can differ based on factors like where you live, your age, driving record, and the coverage you select.

¿Are Toyotas Expensive To Insure?

The national average car insurance cost is $156 per month. In contrast, insuring a Toyota averages $260 per month, significantly higher. However, since insurance rates are determined more by specific models than the brand overall, it’s important to check rates tailored to your particular Toyota model.

Toyota 4 Runner Insurance Cost

The average cost of insuring a Toyota 4 Runner across all model years, is $851 per year. Use the table below to compare rates for different model years.

Model Year Average Yearly Premium
2024 Toyota 4 Runner $1,396
2023 Toyota 4 Runner $688
2022 Toyota 4 Runner $714
2021 Toyota 4 Runner $807
2020 Toyota 4 Runner $652

Toyota Avalon Insurance Cost

The average cost of insuring a Toyota Avalon across all model years, is $1,044 per year. Use the table below to compare rates for different model years.

Model Year Average Yearly Premium
2024 Toyota Avalon $1,037
2023 Toyota Avalon $1,187
2022 Toyota Avalon $1,025
2021 Toyota Avalon $785
2020 Toyota Avalon $1,187

Toyota C-HR Insurance Cost

The average cost of insuring a Toyota C-HR across all model years, is $917 per year. Use the table below to compare rates for different model years.

Model Year Average Yearly Premium
2024 Toyota C-HR $1,076
2022 Toyota C-HR $1,034
2022 Toyota C-HR $1,025
2021 Toyota C-HR $785
2020 Toyota C-HR $663

Toyota Camry Insurance Cost

The average cost of insuring a Toyota Camry across all model years, is $512 per year. Use the table below to compare rates for different model years.

Model Year Average Yearly Premium
2024 Toyota Camry $707
2023 Toyota Camry $366
2022 Toyota Camry $572
2021 Toyota Camry $454
2020 Toyota Camry $461

Toyota Corolla Insurance Cost

The average cost of insuring a Toyota Corolla across all model years, is $575 per year. Use the table below to compare rates for different model years.

Model Year Average Yearly Premium
2024 Toyota Corolla $667
2023 Toyota Corolla $673
2022 Toyota Corolla $621
2021 Toyota Corolla $406
2020 Toyota Corolla $508

Toyota Highlander Insurance Cost

The average cost of insuring a Toyota Highlander across all model years, is $890 per year. Use the table below to compare rates for different model years.

Model Year Average Yearly Premium
2024 Toyota Highlander $1,247
2023 Toyota Highlander $818
2022 Toyota Highlander $774
2021 Toyota Highlander $822
2020 Toyota Highlander $788

Toyota Land Cruiser Insurance Cost

The average cost of insuring a Toyota Land Cruiser across all model years, is $890 per year. Use the table below to compare rates for different model years.

Model Year Average Yearly Premium
2024 Toyota Land Cruiser $1,247
2023 Toyota Land Cruiser $818
2022 Toyota Land Cruiser $774
2021 Toyota Land Cruiser $822
2020 Toyota Land Cruiser $788

Toyota Prius Insurance Cost

The average cost of insuring a Toyota Land Cruiser across all model years, is $1,149 per year. Use the table below to compare rates for different model years.

Model Year Average Yearly Premium
2024 Toyota Prius $1,689
2023 Toyota Prius $1,319
2022 Toyota Prius $931
2021 Toyota Prius $802
2020 Toyota Prius $1,004

Toyota RAV4 Insurance Cost

The average cost of insuring a Toyota RAV4 across all model years, is $604 per year. Use the table below to compare rates for different model years.

Model Year Average Yearly Premium
2024 Toyota RAV4 $839
2023 Toyota RAV4 $523
2022 Toyota RAV4 $536
2021 Toyota RAV4 $596
2020 Toyota RAV4 $525

Toyota Sequoia Insurance Cost

The average cost of insuring a Toyota Sequoia across all model years, is 2,844 per year. Use the table below to compare rates for different model years.

Model Year Average Yearly Premium
2024 Toyota Sequoia $2,773
2023 Toyota Sequoia $4,410
2022 Toyota Sequoia $1,154
2021 Toyota Sequoia $1,611
2020 Toyota Sequoia $4,473

Toyota Sienna Insurance Cost

The average cost of insuring a Toyota Sienna across all model years, is $936 per year. Use the table below to compare rates for different model years.

Model Year Average Yearly Premium
2024 Toyota Sienna $1,247
2023 Toyota Sienna $994
2022 Toyota Sienna $961
2021 Toyota Sienna $668
2020 Toyota Sienna $812

Toyota Supra Insurance Cost

The average cost of insuring a Toyota Supra across all model years, is $2,123 per year. Use the table below to compare rates for different model years.

Model Year Average Yearly Premium
2024 Toyota Supra $3,163
2023 Toyota Supra $2,226
2022 Toyota Supra $1,809
2021 Toyota Supra $1,388
2020 Toyota Supra $2,030

Toyota Tacoma Insurance Cost

The average cost of insuring a Toyota Tacoma across all model years, is $775 per year. Use the table below to compare rates for different model years.

Model Year Average Yearly Premium
2024 Toyota Tacoma $1,117
2023 Toyota Tacoma $708
2022 Toyota Tacoma $670
2021 Toyota Tacoma $694
2020 Toyota Tacoma $685

Toyota Tundra Insurance Cost

The average cost of insuring a Toyota Tundra across all model years, is $953 per year. Use the table below to compare rates for different model years.

Model Year Average Yearly Premium
2024 Toyota Tundra $1,670
2023 Toyota Tundra $890
2022 Toyota Tundra $749
2021 Toyota Tundra $861
2020 Toyota Tundra $595

Toyota Yaris Insurance Cost

The average cost of insuring a Toyota Yaris across all model years, is $1,118 per year. Use the table below to compare rates for different model years.

Model Year Average Yearly Premium
2024 Toyota Yaris $2,206
2020 Toyota Yaris $964
2019 Toyota Yaris $689
2018 Toyota Yaris $1,027
2020 Toyota Yaris $706

Cheapest Car Insurance Companies For Toyotas

The cost of your Toyota car insurance policy will depend on the company that you choose. Union Mutual offers the cheapest rates for insuring an Toyota, at $5,068 per year.

Use the table below to compare cheap full-coverage rates for a Toyota.

Company Average Annual Premium
Union Mutual $712
Oregon Mutual $1,127
Hastings Mutual $1,078
American National $1,234
Countryway $1,124

Toyota Car Insurance Cost – By Driver Age

The rates you pay to insure a Toyota will differ dramatically based on driver age. Younger drivers tend to pay a lot more for car insurance because, statistically, they are much more likely to get into accidents.

As drivers get older, their insurance rates tend to drop until they turn about 60-70. Then their rates increase again.

Age Average Annual Rate
17 $10,586
18 $9,867
19 $8,707
20 $7,594
21 $6,377
22 $6,200
23 $5,434
24 $5,150
25 $4,451
30 $3,468
35 $3,256
40 $3,130
45 $3,031
55 $2,784
65 $2,901
75 $3,669

Average Toyota Car Insurance Rates – By Company

Insurance Provider Average Monthly Premium
Travelers $93
Nationwide $99
GEICO $89
State Farm $111
Progressive $109
Allstate $129
Farmers $128

Average Toyota Car Insurance Rates – By U.S. State

State Average Annual Rate
Alabama $3,551
Alaska $2,156
Arizona $3,840
Arkansas $3,419
California $2,194
Colorado $3,635
Connecticut $5,154
Delaware $3,709
Florida $4,666
Hawaii $843
Idaho $2,354
Illinois $2,648
Indiana $2,688
Iowa $2,008
Kansas $2,825
Kentucky $4,161
Louisiana $5,029
Maine $2,376
Maryland $3,052
Massachusetts $1,515
Michigan $8,749
Minnesota $2,811
Mississippi $2,594
Missouri $3,202
Montana $2,807
Nebraska $2,359
Nevada $3,784
New Hampshire $3,367
New Jersey $3,808
New Mexico $2,924
New York $3,691
North Carolina $1,332
North Dakota $2,674
Ohio $2,092
Oklahoma $3,421
Oregon $3,088
Pennsylvania $2,794
Rhode Island $4,468
South Carolina $3,509
South Dakota $2,749
Tennessee $3,795
Texas $3,518
Utah $3,209
Vermont $2,079
Virginia $1,805
Washington $2,586
West Virginia $2,887
Wisconsin $2,849
Wyoming $2,218
Georgia $3,175

How To Save Money On Toyota Car Insurance?

Owning a Toyota includes several costs, with car insurance being one of the biggest. However, you can still find ways to save on your insurance. Here's how:

Keep a Clean Driving Record

Your driving history is a key factor for insurance companies when setting your premium. By avoiding accidents and traffic tickets, you show insurers that you’re a low-risk driver, which can significantly lower your insurance costs.

1

Bundle Your Policies

Many insurers offer discounts if you combine multiple policies, like home and auto insurance. This not only makes managing your insurance easier but also saves you money on premiums.

2

Raise Your Deductible

Increasing your deductible—the amount you pay out of pocket before your insurance kicks in—can lower your premium. Just make sure you can afford the higher deductible if you have an accident.

3

Install Safety Features

Toyotas come with many safety features, but adding extras like anti-theft devices can further reduce your insurance costs by lowering the risk of theft and damage.

4

Take Advantage of Discounts

Insurance companies often offer discounts for things like being a good student, having a clean driving record, or completing a defensive driving course. Ask your insurer about any discounts you might qualify for.

5

Shop Around

Insurance premiums can vary widely between different providers. It’s important to compare quotes and choose the insurer that offers the best value for your needs.

6

Consider Usage-Based Insurance

If you don’t drive your Toyota often, think about usage-based insurance. This type of policy bases your premium on how much you drive, potentially saving you money if your Toyota isn’t your main vehicle.

7

Our Methodology

In order to calculate average car insurance costs, Insuranceopedia aggregated thousands of quotes from leading auto insurance providers. The sample profile was for a 40-year-old male driver buying full-coverage car insurance with these coverage limits: $100,000 in property damage liability, $100k in bodily injury liability and a $1,000 deductible. However, the figures in this guide may differ from your own individual results

FAQs

What Is The Most Expensive Toyota Model To Insure?

At $5,974 per year, the Toyota Supra is the most expensive Toyota model for car insurance.

What Is The Cheapest Toyota Model To Insure?

The Toyota RAV4 is the cheapest model for car insurance, at $2,477 per year.

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