Toyota got its start as a textile company in Japan by founder Sakichi Toyoda. The company was initially funded by his successful late 19th-century automated loom business. Nearly a century later and Toyota has become a household name, along with its luxury brand, Lexus.

As such, Toyota car insurance rates, much like the brand’s impressive collection of vehicles, run the gamut. Whichever model you steer, here’s how to shop for the right Toyota car insurance for you.

How much is car insurance for a Toyota?

The cost to insure your Toyota depends on which model you choose and how old it is, in addition to your driving history and demographics. Generally, the more expensive a car is to buy, the more expensive it is to insure. For example, a Sequoia will likely run you more than a Corolla in premiums. 

But that’s not always the case, so it’s smart to compare car insurance quotes from multiple insurers for whichever Toyota you’re interested in. Here are sample full coverage insurance costs for various Toyota models. You’ll be required to have full coverage if you’re leasing or financing your next Toyota.

If you have a loan or lease on your vehicle, the lender will require full coverage. You may also need gap insurance, which can help you pay off your loan if your car is totaled.

The bells and whistles your Toyota comes with can have a significant impact on how much your insurance costs. Some model-specific elements that influence your premium include:

• Safety features: Cars with excellent safety ratings may have lower insurance rates. The Toyota Camry, Prius and Tundra were all listed as top safety picks in 2024 by the Insurance Institute for Highway Safety, or IIHS.
• Vehicle value: Expensive vehicles, like the Sequoia or hybrid Tundra i-Force Max, are typically more costly to insure compared to economy cars.
• Vehicle class: Large SUVs, like the Toyota Land Cruiser and Sequoia, tend to have higher insurance costs than small cars and crossovers.
• Engine size: Cars with powerful performance engines represent a higher risk to insurance companies. For this reason, they tend to see higher insurance rates.
• Availability of replacement parts: Vehicles with expensive or difficult-to-acquire replacement parts, like luxury import or discontinued cars, tend to have higher insurance costs. This is more likely to affect Toyota’s luxury brand, Lexus.
• Cost of repairs: Performance and luxury vehicles tend to have high repair costs. This can result in increased insurance rates.

Companies offering the cheapest insurance for Toyotas

If you’re in the market for a new Toyota, it’s wise to shop around for insurance before you buy so you know you’re getting a good deal. If you’re leasing or financing your Toyota, this is even more important because you’ll have a new car payment, and you’ll also be required to buy collision and comprehensive coverage. Combined with liability, these constitute what you may have heard of as “full coverage” insurance policies.

Here are rates for full coverage insurance on Toyotas from various insurers. First American, Nationwide and Travelers are among the companies with the lowest rates we found for Jerry customers with Toyotas, on average.

Lenders typically want you to have full coverage in case the car is totaled before it’s paid off so they can recoup some of their money. However, if the loan or lease balance is higher than the value of your Toyota should it be totaled, you’d still have to make sure that’s paid, too. To ensure you’ll be able to pay off that remaining difference, consider adding gap insurance to your policy, especially if you’re buying a high-value vehicle like the Sequoia. 

On the other hand, if you’re paying cash for an older, used Toyota, you may want to save money and buy minimum coverage insurance. This will meet your state’s requirements so you can legally drive, but won’t pay for damage to your own car or for your own injuries from a wreck you cause, unless your state mandates additional coverage beyond liability insurance. 

Here are minimum coverage rates for Jerry customers who drive Toyotas. Mapfre, Nationwide, and Freedom may have lower rates than others for minimum coverage policies on Toyotas.

Car insurance for a Toyota Corolla

The Toyota Corolla is a global bestseller and one of the most popular cars ever made. It’s also Toyota’s most affordable vehicle, starting at $22,325 MSRP for 2025 models. This means its parts are readily available and lots of mechanics are skilled at fixing Corollas — all good news for those looking for cheap car insurance.

However, Corollas tend to have higher liability claim costs than other small cars, according to the IIHS. That may mean average insurance rates for Corollas are higher than similar-sized cars, but you can keep yours low by driving safely. 

Here are Corolla auto insurance rates from Jerry customers with full coverage policies.

Auto insurance for a Toyota Prius

Toyota’s Prius is the best-selling hybrid car of all time in the U.S. The car revolutionized the market as one of the first mass-produced hybrids, becoming a symbol of eco-friendly transportation long before EVs were all over the road. It’s also one of Toyota’s lower-cost models with starting 2025 MSRPs of $28,350 for the base version and $33,375 for the plug-in model. 

All of this combined means the availability of parts and labor should contribute little to Prius’s insurance price tag. But for some real-world benchmarks, check out average car insurance rates for Toyota Prius among Jerry customers.

Car insurance for a Rav4

The Toyota Rav4 was America’s best selling non-truck model of 2024, more popular than any other new SUV or crossover. It starts at $28,850 MSRP for a 2025 Rav4 gasoline-powered model, making it one of Toyota’s more affordable vehicles. This means repair costs should be relatively low, which means collision and comprehensive costs should be lower than for other Toyota models. 

There’s also a hybrid Rav4 and a plug-in hybrid version available in 2025 models, which start at $31,900 and $44,265, respectively. EVs and hybrids tend to cost more to insure due to their batteries, which are pricey to replace. Check out average rates for Toyota RAV4s from Jerry customers below.

Auto insurance for a Toyota Sequoia

The Toyota Sequoia, which in 2025 is available to purchase only as a hybrid-electric vehicle, is the Japanese carmaker’s largest SUV, comfortably seating eight. With a starting MSRP of $62,425 for 2025 models, it’s also Toyota’s most expensive vehicle. This likely means higher insurance prices.

However, the Sequoia’s large size and numerous safety features make it a comfortable vehicle for families and long trips. Additionally, the SUV’s interior features and large towing capacity make it worth the peace of mind of sufficient insurance coverage. Here are average quotes from Jerry customers for Toyota Sequoias.

How can I lower the cost of my Toyota car insurance?

There are several ways you can lower the cost of your Toyota car insurance.

• Compare rates: The best way to find affordable rates is to shop around for insurance coverage on an app like Jerry, where you can compare quotes side-by-side.
• Ask about discounts: Don’t assume you’re getting every discount you qualify for. Be sure to ask your agent or insurer about any car insurance discounts you may be missing out on.
• Bundle your insurance: If you have a home or renters insurance policy, you can reduce your monthly bill by bundling your auto insurance with the same company.
• Participate in a telematics program if you drive safely, or few miles overall. These programs track your driving habits and reward some drivers with lower premiums, but some drivers see increases.
• Raise your deductible: The deductible is the amount of money you pay before your insurer will pay on a claim. If you can afford to pay more out of pocket after a wreck than your current deductible, raising it will lower your bill. 
• Reduce your coverage: Older and less valuable cars require less coverage than expensive new models. If you drive an older Toyota, you may be able to save some money by dropping comprehensive and collision coverage.
• Purchase a used car: New cars tend to cost significantly more to insure than older, used cars. Purchasing a used Toyota may be an excellent way to cut down on your insurance costs.

Methodology

Data included in this analysis comes from policies that Jerry has quoted within the last 18 months. Jerry services 48 states and offers a range of insurance companies to choose from.

MEET OUR EXPERTS

Lacie Glover

Lacie Glover is a Lead Content Strategist with sixteen years’ experience in the insurance category. Prior to Jerry, she spent more than a decade on NerdWallet’s content team writing, editing and then overseeing the auto insurance category, as well as dabbling in other insurance and automotive topics. Prior to her career in the online personal finance content space, Lacie spent time in the hard sciences, in clinical research and chemistry labs. She has a bachelor’s degree from Colorado State University.

Ben Moore

Ben Moore is a content strategist at Jerry and an auto insurance expert. He previously worked as a writer, editor and content strategist on NerdWallet’s auto insurance team for five years. His work has been published in The Associated Press, Washington Post, Chicago Sun-Times, MarketWatch, Nasdaq and Yahoo News. He also served as a NerdWallet spokesperson, with appearances on local broadcast television and quotes in Martha Stewart and Real Simple magazine.

Ben has an extensive background in digital marketing, working on affiliate and programmatic advertising campaigns for brands like Cabela’s, H&R Block and Sears. He holds a bachelors degree in marketing from Olivet Nazarene University.