Compare the Cost of Toyota 86 Insurance by Model Year and Company

The cost of car insurance varies significantly based on age. A 16-year-old buying insurance for a 2017 Toyota 86 will pay an average of $7,914 annually. A 40-year-old driver pays roughly $1,732 per year for the same policy.

To insure a 2020 Toyota 86, a 16-year-old driver will pay an average of $8,338 per year for a policy, while a 40-year-old driver pays around $1,827. MoneyGeek also found the best insurance providers that balance affordability with claims experience and service.

Although the average insurance cost of a Toyota 86 is $1,853 per year, your rates may vary based on your chosen insurance company. GEICO provides the cheapest car insurance for this model, charging an average of $1,304 per year for full coverage. The most expensive insurer is Farmers, with an average annual cost of $2,376.

GEICO also provides the most affordable minimum coverage, with a policy costing an average of $470 annually. Farmers is the most expensive option for a minimum policy at around $818.

Insurance providers analyze various factors to determine the cost of insuring a Toyota 86. This model is expensive to insure, even though it has low value and low horsepower. Certain models tend to be more expensive to insure due to their repair costs or theft rates.

The cost of car insurance shouldn’t be the only factor to consider when buying a policy for your car, as the best Toyota 86 car insurance will offer good service and claims experience.

These companies provide the best car insurance for a Toyota 86, based on our analysis:

• GEICO: MoneyGeek score of 90 out of 100 ($1,304 per year)
• State Farm: MoneyGeek score of 89 out of 100 ($1,417 per year)

GEICO ranked first for affordability and third for customer satisfaction. These attributes helped it lock down the top spot in our analysis.

The average cost of car insurance for a 2017 Toyota 86 is $1,732 per year. But you will have to pay an average of $1,827 per year to insure a 2020 Toyota 86 because insurers typically charge more to insure newer models due to depreciation.

The amount you pay for a policy will change based on your chosen company and the car’s model year. GEICO provides the cheapest rates for a 2017 Toyota 86, with a policy costing an average of $1,263 annually. It’s also the most affordable insurer for a 2020 Toyota 86, charging an average of $1,343 per year.

Car insurance policies generally cost more for teens and drivers in their 20s than for adult drivers aged 30 and older. Insurance companies charge an average of $8,096 annually to offer teen car insurance to a 16-year-old driver with a Toyota 86. A 40-year-old driver will pay only around $1,774 per year for a policy for the same car. But this difference decreases as teen drivers age, with rates becoming steady in their 20s.

The ideal way to get affordable car insurance as a teen driver is by adding them to a family plan, which generally costs less than individual plans. State Farm charges the most affordable rates for a 2020 Toyota 86, offering a policy at an average cost of $4,697 annually. Farmers provides the most expensive policy for the same model, costing an average of $12,202 per year. You can get affordable teen car insurance by comparing rates and shopping around.

Although the model type, year and driver’s age matter in the cost of car insurance, your location is essential. The cheapest company for you may vary based on what state you’re in.

MoneyGeek found that Idaho has the cheapest rates for car insurance, while Florida has the highest. When purchasing a policy for a Toyota 86, it’s best to get several quotes from the most affordable insurers in your state.

MoneyGeek gathered the answers to some frequently asked questions about the cost and quality of car insurance for a Toyota 86.