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. Find detailed rate breakdowns for each model and trim level by viewing car insurance rates by vehicle.

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

See how much Toyota Yaris insurance costs are compared to other Toyota models.

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.

Across Toyota's lineup, insurance costs are remarkably consistent. Most models fall within a $15/month range of each other. But how much you're paying relative to what you spent on the car varies considerably, and that's more useful to know.

The Tacoma is the cheapest to insure outright at $105/month for full coverage. And with a mid-range MSRP around $40,000, it delivers strong value. The Tundra and Sienna are even better — both cost just 2.7% of their sticker price annually in insurance, making them among the most insurance-efficient vehicles in the entire Toyota lineup despite being among the most expensive to buy.

The Corolla is the surprising case. At $117/month, it's near the top of the range for insurance even though it's the cheapest Toyota to buy — almost 6% of its value goes to insurance every year, the highest ratio in the lineup. The 86 tops the absolute cost at $148/month, but as a sports car that's expected. The Corolla's insurance inefficiency is the bigger finding for a budget-focused buyer.

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 insurance costs are close to the industry average, driven by vehicle values and repair expenses. Toyota drivers ranked below average in a recent LendingTree brand incidents study, which can affect rates at some insurers.

Using a 2024 Toyota Tundra as the reference vehicle, we compared Toyota insurance to similarly priced models. Full coverage and minimum coverage both come in above comparable vehicles overall.

State Farm is the cheapest insurer for Toyota vehicles overall at $36 a month for minimum coverage and $144 for full.

State Farm is cheapest for minimum coverage on the Toyota Camry. Progressive is cheapest for the Corolla.

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.

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

Minimum coverage rates use each state's required liability limits. Full coverage uses $100,000/$300,000/$100,000 liability with comprehensive and collision coverage and a $1,000 deductible.

We analyzed 80,676 quotes from seven major insurance companies to identify which insurers price Toyota vehicles most favorably, given their reliability and lower repair costs.

Sample Driver Profile

Our baseline is a 40-year-old driver with good credit, no violations and 12,000 miles driven annually. We adjusted age, location and driving history to show how rates change across Toyota owners.

Coverage Levels

Minimum coverage meets state legal requirements and covers damage you cause to others. Full coverage adds comprehensive and collision for your own vehicle.

Full coverage analysis uses:

• $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

MoneyGeek scores weight five factors:

Customer Satisfaction (35%): J.D. Power studies and the NAIC complaint index measure actual policyholder experience, including claims handling and policy changes.

Affordability (30%): Data is from Quadrant Information Services. Rates are compared for Toyota vehicles specifically.

Claims Handling (20%): J.D. Power Claims Study and CRASH Report Card data show how quickly and fairly each insurer settles claims.

Coverage Options (10%): Roadside assistance, rental reimbursement, OEM parts coverage and gap insurance, which are add-ons that matter most for newer or financed Toyotas.

Financial Stability (5%): AM Best ratings confirm each insurer can pay claims. An A+ rating is the benchmark.

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