Toyota Car Insurance

Toyota's monthly insurance costs are $47 for state minimum coverage and $119 for full coverage. In our study, Toyota ranks 12th for state minimum affordability and eighth for full coverage. This makes Toyota a fairly affordable choice for drivers seeking reasonable auto insurance prices.

*Rates are for a 40-year-old driver with good credit and no driving violations insuring 2012 to 2022 models for models referenced on this page.

The most expensive model from Toyota that we found in our study was the Toyota 86, costing $54 for minimum coverage and $145 for full coverage monthly. The least expensive is the Toyota Prius, with average monthly rates of $50 for minimum coverage and $114 for full coverage.

*Rates are for a 40-year-old driver with good credit and no driving violations for model years ranging from 2012 to 2022.

Newer, pricier cars cost more to insure, while older cars cost less.

*Rates are for a 40-year-old driver with good credit and no driving violations.

Teens usually pay the most for car insurance, but prices drop until you're around 60. Then, they increase again. Toyota insurance can cost from $581 to $6,157 each year, depending on your age and if you choose minimum or full coverage. Below is a table showing how age changes what you pay for Toyota insurance.

Rates are for a driver with good credit and no driving violations.

Toyota's insurance costs are similar to other automakers. It is influenced by average vehicle values and repair expenses. Toyota drivers ranked lower in the recent LendingTree study, which may affect insurance rates.

We compared the Toyota below to similar vehicles in terms of MSRP, using a 2024 Toyota Tundra for reference. We found that overall, Toyota's insurance is more expensive for full coverage and state minimum.

State Farm is the cheapest overall car insurance company for Toyota vehicles, with average monthly rates of $36 for minimum coverage and $144 for full coverage.

State Farm provides the cheapest minimum coverage for the Toyota Camry. For the Corolla, Progressive is the most budget-friendly option.

Look for the most affordable Toyota car insurance for your model and year.

The lowest overall Toyota insurance rates range from $56 per month to $569 per month, offered by State Farm.

State Farm, GEICO, Travelers, Nationwide and Allstate offer the best overall insurance for Toyota.

Discover affordable Toyota insurance with our tips to protect your car without breaking the bank.

Toyota insurance rates for full coverage are in the more affordable range, ranking 8th among 23 automakers. State minimum coverage is even more budget-friendly, ranking 12th. For the best rates, it's wise to compare quotes from providers.

Below are MoneyGeek expert answers to frequently asked questions about Toyota car insurance.

We calculated Toyota insurance costs using data from Quadrant Information Services. Rates are based on the following driver profile:

• 40-years-old
• Good credit
• No driving violations
• 12,000 miles driven annually

Coverages used for minimum coverage are based on state requirements. Full coverage includes a 100/300/100 liability insurance split and comprehensive and collision coverage with a $1,000 deductible.

Toyota owners face a unique challenge: finding insurers who understand these vehicles' reliability and lower repair costs while offering competitive rates. We analyzed 80,676 quotes from seven major insurance companies to identify which providers reward Toyota drivers with the best combination of affordability, customer service and claims handling. This matters because the right insurer can save you hundreds annually while providing better support when you actually need it.

Sample Driver Profile

We used a baseline 40-year-old driver to establish rate comparisons:

• Good credit
• No driving violations
• 12,000 miles driven annually

Why this profile works: It represents a standard risk profile that most insurers price consistently. We then adjusted variables like age, location and driving history to show how rates change for different Toyota owners—from 25-year-old Corolla drivers to 55-year-old Highlander owners with clean records.

Coverage Levels

Minimum coverage meets your state's legal requirements and covers damage to others' property. Full coverage adds comprehensive and collision insurance to protect your Toyota.

Our full coverage analysis uses 100/300/100 liability limits:

• $100,000 bodily injury per person
• $300,000 bodily injury per accident
• $100,000 property damage per accident
• $1,000 deductible on comprehensive and collision

This exceeds most state minimums but provides stronger financial protection. If you cause a serious accident, the difference between minimum 25/50/25 coverage and 100/300/100 coverage could save you from personal bankruptcy.

Company Rankings

Our MoneyGeek scores weight five factors that matter most to Toyota owners:

Customer Satisfaction (35%): We used J.D. Power studies and the NAIC complaint index to measure real policyholder experiences. High satisfaction scores mean fewer hassles when you file claims or need policy changes.

Affordability (30%): Rate comparisons from Quadrant Information Services show which insurers offer the lowest premiums for Toyota vehicles specifically. Many companies reward these reliable, lower-cost-to-repair vehicles with better rates.

Claims Handling (20%): J.D. Power Claims Study and CRASH Report Card data reveal how quickly and fairly insurers settle claims. A 5-star claims rating means your Camry gets repaired faster with less dispute.

Coverage Options (10%): We evaluated extras like roadside assistance, rental reimbursement, OEM parts coverage and gap insurance. These add-ons matter more for newer Toyotas or financed vehicles.

Financial Stability (5%): AM Best ratings ensure your insurer can pay claims even during major disasters. An A+ rating means your coverage is secure.

Data sources: Quadrant Information Services, J.D. Power, NAIC, AM Best