Every insurance company considers factors like your personal profile, driving history, and location. But they all do it differently, which means your insurance costs will almost certainly vary between carriers.
The cheapest insurer for Toyota vehicles is Aspire Advantage, with an annual premium of $1,489.
Other popular carriers for Toyota vehicles include the following:
Nationwide is a solid choice for safe drivers and those who are technologically inclined. Their robust online platform, mobile app, and website earn them 4.6/5 from Jerry.
Progressive is known for its financial strength, numerous coverage options, and excellent discounts and features. If you’re tech savvy or a higher-risk driver, Progressive might be a good option. As a large, reputable carrier, it gets a solid 4.6/5 rating from Jerry.
Kemper is well known for insuring high-risk drivers who may have a hard time finding insurance with other companies. It offers to file SR22 forms for drivers who need to provide proof of coverage to the state, and it even sells insurance for cars with salvage titles that were rebuilt after being totaled. Jerry rates Kemper a 4.3/5.
Safeco is typically an affordable option, especially for younger drivers. It also offers a claims-free cashback program, which rewards you with a small refund for every six months that you stay claims-free. These perks secure Safeco a 4.5/5 rating from Jerry.
Allstate is one of the biggest names in the industry, with a large network of agents and repair shops. It offers a great range of digital features such as a rate calculator, mobile app, online bill payment, and online claim reporting. Allstate gets 4.5/5 from Jerry.
Travelers has some attractive add-on packages for drivers, including roadside assistance, rental car reimbursement, accident forgiveness, new car coverage, and gap coverage. It also offers a number of great discounts, such as savings for being a safe driver and a good student. Jerry rates Travelers a stellar 4.7/5.
For safe, experienced drivers who want to get the most bang for their buck, State Auto is where it’s at. It offers a huge range of coverage options and allows drivers to file claims online for maximum convenience. State Auto gets a 4.1/5 rating from Jerry.
National General is a nonstandard carrier that specializes in insurance for high-risk drivers. In many states, National General offers a claims satisfaction guarantee. If you’re unhappy with your claims experience, they will waive your deductible up to $250. Jerry gives National General a rating of 4.1/5.
Dairyland also caters to high-risk drivers. Its flexible payment plans and 24/7 live claims support in almost 40 states are among the reasons why Jerry rates Dairyland 4.6/5.
Clearcover stands out for its tech-based business model. Its award-winning app enables you to instantly file claims instantly, pay your bill, and view your proof of insurance—all while keeping communication online. Jerry rates Clearcover a 4.1/5.
How to compare prices to find the most affordable coverage
Since insurers offer different rates for the same driver and coverage, your best bet to land a competitive policy and premium is to compare quotes.
But remember, the best coverage is not always synonymous with the cheapest coverage. While a good deal is nice to get, a cheap car insurance policy isn’t any good if it doesn’t offer the coverage you need in the event of an incident.
Most insurance companies offer online quotes, so you can go to their website and fill out a form to get a quote. But if you’ve ever done this, you know how monotonous and time consuming it can be.
The quickest, easiest way to make sure you’re getting the right coverage for the right price is to compare quotes from different providers using the comparison shopping and broker app Jerry.
It takes less than a minute to get competitive quotes from the top auto insurance providers in the country. Once you decide on a plan, Jerry handles the rest—you won’t have to lift a finger to finalize your new plan or cancel your old one!
And since Jerry reviews your policy every 6 months, you can be sure that you’re always getting the coverage you need at the best price.
Here’s what drivers paid for car insurance before and after switching with Jerry:
Avg. Annual Premium
Key Takeaway Insurance rates can vary between insurance companies. With an insurance comparison app like Jerry, you can quickly and easily view quotes from multiple carriers to find the best premium for the coverage you need.
Cost of insuring a Toyota
Cost of insuring with minimum coverage and full coverage
The average annual insurance premium for a Toyota is $1,736 per year for minimum car insurance and $2,471 for full-coverage insurance. When you consider all makes and models, the average insurance premium in the US is $1,782 per year for minimum car insurance and $2,484 for full-coverage insurance.
Your cost to insure your Toyota will depend on the coverage you choose. Every state has minimum coverage requirements that you must adhere to.
Here are the basic types of insurance that your state may require:
Pays for your own medical expenses after a car accident
While these are the mandatory minimums, it’s always a good idea to purchase additional protection for your Toyota if you can afford it.
Even a relatively minor accident can result in thousands of dollars of damage and medical bills—and if you’re at fault but don’t have sufficient insurance, you’ll have to pay them out of pocket.
If your Toyota is leased or financed, you may be required to purchase full-coverage insurance. You should also consider full-coverage insurance if you can’t afford to replace your car in the event of a total loss.
Since your age and driving record reflect your driving experience and the likelihood of you getting into an accident, they have a big impact on your premium.
Older drivers who have lots of driving experience usually pay less for insurance.
Traffic violations also impact your insurance rates. While speeding and failing to stop are usually considered minor violations, charges like driving under the influence (DUI) and careless driving are serious and can cause your insurance premium to skyrocket.
But there’s good news! If you improve your driving habits and maintain a clean record moving forward, you’re likely to see your premiums drop.
Here’s how accidents and violations can affect car insurance costs for Toyotas by age group:
Key Takeaway The cost for you to insure your Toyota will vary depending on factors like your driving record, age, and insurance coverage needs.
Cost of insuring popular models
Toyota has a wide range of models, and insurance rates will vary depending on the one you own. They vary because repair and replacement costs are different for a Corolla then they are for a Tundra.
In general, more expensive cars require bigger payouts from insurers—which means bigger insurance premiums for you.
No matter what model you drive, Jerry can find you big savings for the same coverage that you already have.
It’s this simple: download the Jerry app, answer a few questions, and in less than 45 seconds, Jerry collects all of your information from your existing insurer.
Choose from competitive quotes from up to 45 top insurance companies and Jerry takes care of the rest—securing your new policy and canceling your old one. No long forms, no calling around, no hard work. Just savings.
The average Jerry user saves $879 a year on car insurance.
If you want to learn more about car insurance costs for various popular makes, check out the links below.
Key Takeaway Your car model affects your insurance rates. The more expensive the car, the more insurance usually costs.
Cost of insuring your Toyota by year
Most and least expensive years of car
Depreciation means that older Toyotas tend to be less expensive to insure than newer ones.
According to Edmunds, a new car loses 23.5% of its value after the first year and 60% of its value in the first five years. And the less your car is worth, the less it costs to repair or replace if you need to make a claim. This usually translates to insurance savings.
Drivers with newer cars also tend to lease or finance their vehicles and therefore must have full-coverage insurance. You’ll always pay more for full coverage than for just the mandatory minimum insurance required by your state.
According to Jerry’s internal data, the cheapest years for Toyotas are 1983 and 1986.
The most expensive years for Toyotas are 2022 and 2021.
Key Takeaway Older Toyotas usually cost less to repair or replace than newer ones and may not be leased or financed, so insurance premiums tend to be less.
Cost of insuring a Toyota in your city
Insurance companies heavily factor your location into your auto insurance premium, which means rates for Toyotas can vary from place to place—even within the same state! This is because each area has different accident rates, crime rates, and even incidences of natural disasters.
For your insurance company, it’s all about the risk. If your city has lots of car thefts, collisions, or severe weather events, you can expect to pay more for your coverage.
According to our data, there is a high percentage of Toyota drivers in cities including Houston (TX), Los Angeles (CA), Atlanta (GA), Burke (VA) and Phoenix (AZ).
The cheapest car insurance for Toyotas for Jerry users is in Strathmore (CA) and La Fayette (GA).
The most expensive car insurance for Toyotas for Jerry users is in Lynchburg (SC) and New Hampton (NY).