Average insurance cost for a Toyota
The average insurance cost for a Toyota across all models is $185 a month, or $2,220 a year. You might be surprised by those figures, which are similar to the averages for brands like Land Rover or Volkswagen.
Toyota parts are easy to come by, and the manufacturer scores great safety ratings — both of which cut down on insurance costs. However, car thieves often target Toyotas, especially the popular Camry and Corolla. This makes car insurance more expensive overall.
Find your Toyota model
How a vehicle from Toyota affects the cost of insurance
Insurance companies look at several car-related factors when determining the cost of insurance, including the car’s safety ratings, its likelihood of being stolen, and replacement costs and overall damage susceptibility.
Toyotas do well in safety test and aren’t costly to repair or replace, but they are often targeted by thieves, which increases the cost of insurance.
Other factors that affect the cost of insurance include the model, mileage and trim package. Personal factors like your driving history, credit score and age also play roles.
Toyota car insurance rates by model
|Model||Monthly insurance rate||Base car price|
Pros and cons of insuring a Toyota
- Great safety ratings
- Not costly to repair or replace
- High theft rates
About the Toyota brand
Toyota was created in 1933 under the Toyoda Automatic Loom Works umbrella. The Toyota Group still operates in the textile space today, although most consumers know it as a car manufacturer.
Toyota consistently ranks as the largest automobile producer in the world, buoyed by ever-popular models like the Camry and Corolla.
Toyota car facts
- Toyotas are excellent picks if you want a safe ride: The manufacturer’s vehicles generally score good safety ratings from the Insurance Institute for Highway Safety (IIHS). As you might imagine, this helps lower insurance premiums.
- On the flip side, Toyotas are often targeted by car thieves. Two of the manufacturer’s models, the Camry and Corolla, are on the National Insurance Crime Bureau’s “Hot Wheels” list of the 10 most-stolen vehicles in the US. This theft data drives up insurance premiums.
- Though insurance might be expensive, you can find a Toyota for a great price. 2018 models start at affordable MSRPs: $23,495 for a Camry, $24,410 for a RAV4 and just $18,550 for a Corolla.
What’s Toyota Entune?
Entune is Toyota’s multimedia system. Features include an app suite, hands-free calling and navigation. With Entune drivers can get updates on their vehicle’s health, lock and unlock the doors remotely, and connect up to five devices to Wi-Fi.
Companies that cover Toyotas
Toyota is a ubiquitous brand, and virtually every insurer will cover your vehicle. Compare insurers in the table below.
Looking for other car brands like Toyota? Compare all car makes
Because of the high theft rate of some Toyota models, you might pay more for insurance. But Toyotas’ good safety ratings help to temper costs.
Frequently asked questions about Toyota
Which car insurance provider is best for me?
Looking to save on car insurance? Answer these three questions to find a provider that best fits your needs and budget.
Question 1 of 2
Based on your answers, check out: