Toyota insurance rates

Find out what to expect when insuring a Toyota, and compare quotes.

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Toyota is one of the largest car manufacturers in the world and offers a models to suit all budgets. It’s also been leading the way with improving the emissions and overall economy of a car with its hybrid technology.

The Toyota Yaris is one of the smaller models on offer and made the UK’s top 20 selling cars list, scraping in at number 19 with just over 25,000 sold in the UK in 2017. If you already have a Toyota or fancy one of the newer models, read on to see what your Toyota cover might cost.


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What’s the average insurance cost for a Toyota?

The insurance cost for a Toyota varies greatly depending on the model you select and your own circumstances. We looked at a Toyota Yaris, one of Toyota’s more popular models on UK roads, and, using a scenario to get quotes, found that the average insurance cost was £773 a year or £103 a month. This is for fully comprehensive cover and no optional extras. Your actual cost could be more or less depending on your driving record, the number of miles you drive in a year as well as other factors.

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 susceptibility to damage.

Toyota parts are easy to come by as there are two manufacturing plants in the UK. It also has good safety ratings — both of which cut down on insurance costs. However, car thieves have been known to target Toyotas, especially the C-HR, Prius, RAV4 and Mirai models with their keyless entry systems. This can make car insurance more expensive overall.

Other factors that affect the cost of insurance include the model, annual mileage and trim package. Personal factors like your driving history and age will also be taken into consideration.

Pros and cons of insuring a Toyota

Pros

  • Great safety ratings
  • Not too costly to repair or replace due to two manufacturing plants in operation in the UK

Cons

  • 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 (known as the Auris in the UK).

Toyota car facts

  • In 1997, Toyota launched the Toyota Prius, the first mass-produced hybrid vehicle.
  • If you want a safe car, Toyotas could be a good choice. The manufacturer’s vehicles generally score good safety ratings from the European New Car Assessment Programme (Euro NCAP), getting the maximum 5-star rating for different models, including the Auris, RAV4 and Prius.
  • On the flip side, Toyota models are often targeted by car thieves, including some models with keyless entry systems. This can drive up insurance premiums.
  • Toyotas come in all shapes and sizes, usually at a reasonable price. 2018 models start at £9,295 for the smaller Toyota Aygo, up to around £66,000 for the Toyota Mirai. It’s the first hydrogen fuel cell vehicle with long-distance zero emissions driving to be mass-produced in the world.
  • Toyota models fair well in sales. The Toyota Corolla, otherwise known as the Auris in the UK, still sells in mammoth numbers after 52 years, putting it in second place on the world’s best selling cars list in 2017. The family car was the second Toyota model to be imported into the UK.
  • The other Toyotas that made it onto the world’s best selling car list of 2017 include the Toyota RAV4 in sixth place and the Toyota Camry/Aurion at 16th.

Bottom line

Because some Toyota models are targeted by thieves more than others, you might pay more for insurance. But Toyota’s good safety ratings help to temper those costs.

Other car brands you might want to see rates for include:

Frequently asked questions about Toyota

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