How Much Is Toyota Insurance? Compare Quotes by Model

Insuring a Toyota costs an average of $1,226 annually. This premium is lower than average compared to other makes and models. MoneyGeek broke down auto insurance costs for major Toyota models by model year and driver age to help drivers find the best option for them.

Last Updated: 4/29/2022
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Insurance costs for a Toyota can change significantly based on the actual model of your car. The Toyota 86 is the most expensive model to insure, at an average cost of $1,629 per year. The Toyota Sienna is the cheapest Toyota car to insure, with an average annual premium of $1,126.

MoneyGeek evaluated insurance costs for all major Toyota models to help drivers find the most affordable car insurance providers for their vehicles.

How Much Toyota Insurance Costs on Average by Model

How much does it cost to insure a Toyota? Premiums largely depend on the model rather than the make. Below is a list of the major Toyota models and their average insurance costs from least to most expensive.

  • Toyota Sienna: $1,126 per year
  • Toyota Highlander: $1,129 per year
  • Toyota Tacoma: $1,181 per year
  • Toyota RAV4: $1,181 per year
  • Toyota Tundra: $1,200 per year
  • Toyota Prius: $1,237 per year
  • Toyota Corolla: $1,273 per year
  • Toyota Camry: $1,276 per year
  • Toyota 86: $1,629 per year

Some models may cost more to insure than others for many reasons. For instance, having a high manufacturer's suggested retail price (MSRP), expensive repair costs or high horsepower can lead to more costly premiums.

Toyota Annual Insurance Costs by Model

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Are Toyotas Expensive to Insure?

Generally, Toyotas are cheap to insure, but rates can still vary based on the model. In MoneyGeek’s analysis of Toyota’s nine major models, the Toyota 86 is the only model considered expensive to insure; the rest are inexpensive.

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WHY TOYOTA COSTS DIFFER BY MODEL

Out of the nine Toyota models MoneyGeek analyzed, the Toyota Sienna is the cheapest to insure because of its low value. Because lower value cars are easier to repair and replace, insurers can charge less for coverage.

In contrast, Toyota’s most expensive model to insure is the Toyota 86 because it’s a sports car. Drivers who own sports cars are seen as more likely to engage in risky behavior, which is why insurers raise premiums.

How Much Is Insurance for a Toyota 86?

The Toyota 86 costs an average of $1,629 per year to insure. Among the nine Toyota models MoneyGeek evaluated, it has the highest average insurance premiums and is generally an expensive vehicle to insure.

GEICO offers the cheapest policies for the Toyota 86 at an average of $1,261 annually. Allstate has the most expensive coverage at $2,251 per year.

Toyota 86 Annual Insurance Costs

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EVERYTHING YOU NEED TO KNOW ABOUT TOYOTA 86 INSURANCE COSTS

While MoneyGeek provided an average insurance rate for Toyota 86s, keep in mind that premiums can still vary. Insurers determine your rates based on various factors, including your age, driving record, desired coverage level, model year, and more.

  • Your insurance cost is determined by the model year of your Toyota 86. For 2017 through 2020 models, premiums can range from an average of $1,574 to $1,684 annually.
  • Depending on your age, car insurance rates can also vary dramatically. For instance, an 18-year-old driver with a Toyota 86 will pay an average of $5,316 per year for auto insurance, while a 40-year-old driver will pay $1,629.
  • MoneyGeek analyzed a wide range of insurers' user satisfaction ratings, claims performance and financial stability to find the best car insurance for Toyota 86 drivers who value service quality over cost.

How Much Is Insurance for a Toyota Camry?

For a Toyota Camry, insurance costs an average of $1,276 per year across all model years. This model is the second most expensive among the nine Toyota models MoneyGeek included in this analysis. Nonetheless, it is considered inexpensive compared to all the other car models and makes.

GEICO offers the cheapest policy for the Toyota Camry at an average annual rate of $1,080, while Allied provides the most expensive coverage at $1,575.

Toyota Camry Annual Insurance Costs

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EVERYTHING YOU NEED TO KNOW ABOUT TOYOTA CAMRY INSURANCE COSTS

Several factors can influence insurance premiums for a Toyota Camry. Since auto insurers also consider your model year, driver characteristics and the type of coverage you need, MoneyGeek's average may differ from the quote you receive from your insurer.

  • Premiums can change depending on the model year of your Toyota Camry. For models between 2005 and 2020, rates can range from $1,007 to $1,414 per year.
  • A driver's age is a significant factor in determining their insurance premiums. For instance, 18-year-old drivers with a Toyota Camry pay an average of $4,163 per year for insurance, $2,887 more than a 40-year-old driver.
  • For drivers who are not worried about cost and only want the best car insurance for their Toyota Camry, MoneyGeek evaluated insurers according to their claims ratings, financial stability and customer satisfaction.

How Much Is Insurance for a Toyota Corolla?

Insurance prices for the Toyota Corolla are relatively low compared to other brands and models, costing an average of $1,273 per year. However, this vehicle is the third most expensive model out of the nine Toyota models analyzed by MoneyGeek.

GEICO has the most affordable auto insurance premiums for the Toyota Corolla at an average of $1,025 per year. On the other hand, Allied has the most expensive policies at an average cost of $1,709.

Toyota Corolla Annual Insurance Costs

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EVERYTHING YOU NEED TO KNOW ABOUT TOYOTA COROLLA INSURANCE COSTS

The cost of car insurance for a Toyota Corolla varies depending on several variables. For example, insurers base your rates on your age, driving history, model year and coverage level.

How Much Is Insurance for a Toyota Prius?

The average annual cost of auto insurance for the Toyota Prius is $1,237. This model is ranked fourth in terms of insurance costs among the Toyota models in this analysis and is deemed affordable compared to models from other manufacturers.

GEICO has the cheapest vehicle insurance for Toyota Prius drivers, with an average yearly cost of $991. Allstate, on the other hand, is the most expensive insurer. Their annual insurance premiums cost $1,522.

Toyota Prius Annual Insurance Costs

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EVERYTHING YOU NEED TO KNOW ABOUT TOYOTA PRIUS INSURANCE COSTS

Note that car insurance premiums for a Toyota Prius can vary depending on several criteria, including your age, your car's model year and the type of coverage you want.

  • Depending on the model year of your Toyota Prius, you can expect to pay an insurance premium that ranges from $1,067 to $1,432 per year, on average.
  • Young drivers are often subject to higher auto insurance rates. On average, 18-year-old drivers with a Toyota Prius pay $4,038 per year for auto coverage, significantly higher than the average rate for 40-year-old drivers ($1,237).
  • For drivers who value quality of service over price, MoneyGeek also examined various insurers to find the best car insurance for a Toyota Prius based on user satisfaction, financial strength and claims history.

How Much Is Insurance for a Toyota Tundra?

Out of the nine Toyota vehicles MoneyGeek examined, the Toyota Tundra ranked fifth in insurance costs, with annual premiums averaging $1,200. Compared to other brands and models, this is still considered inexpensive.

The cheapest insurer for this model is GEICO, with annual insurance costing an average of $1,031. On the other side of the spectrum is Allied, whose policies are the most expensive at an average of $1,455.

Toyota Tundra Annual Insurance Costs

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EVERYTHING YOU NEED TO KNOW ABOUT TOYOTA TUNDRA INSURANCE COSTS

Although MoneyGeek provided an average rate, quotes for Toyota Tundras may vary depending on your car's model year, how much coverage you want and other factors.

  • Insurers charge varying rates depending on the model year of your Toyota Tundra, with rates ranging from an average of $980 to $1,402 annually for models from 2005 to 2020.
  • Your age also plays a role in your premiums. For instance, the average auto insurance premium for an 18-year-old driver with a Toyota Tundra is $3,915 per year, $2,715 more than the average annual rate for a 40-year-old driver.
  • If finding the best car insurance for a Toyota Tundra is your priority, MoneyGeek also examined the claims ratings, user satisfaction and financial stability of the different providers without regard for price.

How Much Is Insurance for a Toyota RAV4?

The average insurance cost for a Toyota RAV4 is $1,181 per year. Out of the nine most popular Toyota models analyzed by MoneyGeek, this model ranked sixth in insurance costs. It has a relatively inexpensive average premium compared to other makes and models.

GEICO is the most affordable auto insurance provider for the Toyota RAV4, costing $945 per year on average. In contrast, Allied is the most expensive insurer for Toyota RAV4 owners, with an average annual premium of $1,527.

Toyota RAV4 Annual Insurance Costs

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EVERYTHING YOU NEED TO KNOW ABOUT TOYOTA RAV4 INSURANCE COSTS

Insuring a Toyota RAV4 can cost more or less than MoneyGeek’s average, depending on the model year, the type of coverage and your driver characteristics.

How Much Is Insurance for a Toyota Tacoma?

On average, Toyota Tacoma owners pay $1,181 per year for car insurance. This model ranks sixth in terms of insurance expense among the nine Toyota models MoneyGeek evaluated and is considered inexpensive compared to models from other brands.

For the Toyota Tacoma, GEICO offers the cheapest policies at $976 per year on average. Allied has the most expensive policies at an annual cost of $1,455.

Toyota Tacoma Annual Insurance Costs

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EVERYTHING YOU NEED TO KNOW ABOUT TOYOTA TACOMA INSURANCE COSTS

While MoneyGeek provided an average, the actual cost of car insurance for a Toyota Tacoma depends on factors such as the model year of the car, your age, and how much coverage you select.

  • The model year of your Toyota Tacoma impacts your rates significantly, with insurance for models between 2005 and 2020 ranging in cost from $992 to $1,266 per year, on average.
  • Less experienced drivers pay more for coverage. For example, an 18-year-old with a Toyota Tacoma pays $3,853 per year on average for auto insurance, which is $2,672 more expensive than the average annual cost for a 40-year-old driver.
  • MoneyGeek compared different insurance providers based on claims ratings, user satisfaction and financial stability to determine the best car insurance for a Toyota Tacoma for drivers who value quality of service more than low costs.

How Much Is Insurance for a Toyota Highlander?

The average insurance cost of a Toyota Highlander is $1,129 per year across all model years, which is considered cheap compared to other car makes and models. This model also ranks eighth out of nine Toyota models in insurance expense.

GEICO offers the most affordable coverage for the Toyota Highlander at an average of $993 a year. Allied has the highest rates at an average of $1,336.

Toyota Highlander Annual Insurance Costs

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EVERYTHING YOU NEED TO KNOW ABOUT TOYOTA HIGHLANDER INSURANCE COSTS

Auto insurance rates can vary depending on the model year of the Toyota Highlander, the driver and coverage level.

How Much Is Insurance for a Toyota Sienna?

Toyota Sienna drivers pay an average of $1,126 per year in insurance premiums, considered inexpensive compared to other brands and models. Among the nine Toyota models evaluated by MoneyGeek, this model is the least expensive.

The most affordable insurer for this model is GEICO, at an average of $973 annually. In contrast, Allied has the most expensive premiums at $1,367 per year on average.

Toyota Sienna Annual Insurance Costs

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EVERYTHING YOU NEED TO KNOW ABOUT TOYOTA SIENNA INSURANCE COSTS

Car insurance costs for a Toyota Sienna can vary based on your age, coverage level and vehicle model year.

FAQs About Toyota Insurance

Drivers often wonder how much rates for Toyotas can vary based on their model. Review the answers to some of the most commonly asked questions below to learn more about the cost of auto insurance for Toyotas.

Methodology

MoneyGeek collected information about insurance provider rates for Toyotas using a sample driver profile. In this scenario, the driver is a 40-year-old male purchasing a full coverage policy with the following coverages:

  • $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

Rates represent averages and can guide what prices to expect but likely won’t match your specific rates.

About the Author


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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.