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The average cost of car insurance for a Toyota Prius is $1,237 per year. Your premium may vary depending on the car insurance company and the model year of your car, so comparing quotes is best to get the lowest price.
Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.
When deciding where to purchase insurance for your Toyota Prius, it’s always best to gather quotes from multiple insurers. Comparing quotes can help you get the best deals since different insurers will have different rates for the same car. Depending on your car’s model year, costs may differ by company.
You’ll spend an average of $1,237 annually to insure a Toyota Prius. It’s roughly $190 lower than the average cost of insurance across all car models.
Car insurance companies offer varying rates, which makes shopping around a good idea. For the Toyota Prius, prices can change by as much as $531 per year depending on the company.
The cost of insurance for a Toyota Prius can differ by as much as $365 per year depending on the age of your car, with older models having lower premiums.
Your choice of insurer can significantly affect the cost of insurance for a Toyota Prius. On average, you pay $1,237 per year for coverage.
Premiums can vary by as much as $531 between car insurance companies. GEICO offers the cheapest car insurance for a Toyota Prius at $991 per year on average. Allstate offers the most expensive policy at an average annual premium of $1,522.
MoneyGeek used a sample driver profile to gather information about insurance provider rates. The driver is a 40-year-old male with 100/300/100 liability insurance plus collision and comprehensive coverage.
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Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.
Car insurance companies use various factors to determine the cost of car insurance for a given car model. Expensive cars and those more likely to be stolen are often given higher premiums.
It is relatively inexpensive to insure a Toyota Prius for a couple of reasons. First, it is an inexpensive car model, which means it is not as costly to repair. Additionally, a Toyota Prius also has low horsepower, which means it is less likely to get into major accidents.
While price is important, it should not be your only consideration when comparing car insurance policies for your Toyota Prius.
MoneyGeek's rating system, which considers factors like customer complaints, financial stability and user experience, found that:
The older your Toyota Prius is, the less it costs to insure. This is because as a car’s value depreciates, coverages such as comprehensive and collision insurance also become cheaper.
A 2005 Toyota Prius costs an average of $1,067 per year to insure. In comparison, a 2020 Toyota Prius costs an average of $1,432 annually. That’s an annual difference of roughly $365.
Here are the average costs of insurance for a Toyota Prius based on their model years:
For a 2020 Toyota Prius, GEICO is the most affordable at an average of $1,108 per year.
You can select your car’s model year to see how rates compare between insurers because the cheapest company can change depending on your car’s model year.
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A Toyota Prius is inexpensive to insure. Compared to other car models, you’ll generally spend less on an insurance policy for this car. On average, the cost of insurance for a Toyota Prius is $1,237 per year, which is roughly $190 less than the average across all other car models.
Another major factor in determining insurance costs for the Toyota Prius is age. Given their inexperience, younger drivers could pay significantly more for car insurance.
An 18-year-old pays an average of $4,038 per year for a Toyota Prius, while a 40-year-old driver pays an average of $2,801 less annually for the same car.
To save money, parents and teens can share the same policy. It is almost always more costly for a teen to buy a policy for themselves.
Below are the costs of car insurance for drivers ages 16 to 25.
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The rates presented in this article are based on a national average, but car insurance rates can change significantly depending on where you live. You can refer to our state page analysis to learn more about car insurance costs in individual states.
The model of your car can have a significant impact on your car insurance policy rates, but it’s just one of the many factors insurers evaluate. To help you learn more, here are answers to some frequently asked questions about insuring a Toyota Prius.
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