Toyota vehicles are some of the most popular cars in America. They tend to be affordable, safe, and easy to maintain.
However, it’s important to know what to expect when shopping for new insurance. After all, shopping for a new policy is an important part of the car buying process. While the exact cost of Toyota car insurance will vary, this article will walk through the average costs to help you estimate what you’ll pay.
When considering all 2021 Toyota models, the national average for insurance is $1,701 per year. This makes Toyotas just slightly more expensive than the national average of $1,758.
This figure is based on a 40-year-old male with full coverage, which is the insurance profile for all data in this article. Due to the pandemic, these rates are often lower than the rates for 2020 models.
- Used cars tend to be cheaper to insure than new ones and the primary reason for that is the vehicle’s value.
- More expensive cars tend to have higher insurance premiums; the exception is larger trucks and SUVs, which are often cheaper to insure than sedans.
- Where you live also affects insurance rates. Toyotas tend to be the most expensive to insure in Michigan.
- The Toyota Land is Toyota’s most expensive vehicle to insure while the CH-R is the less expensive to insure.
Toyota car insurance cost by model
Toyota has 17 production models for 2021, with its highest annual premium being about 50% more expensive than the lowest. It’s cheapest vehicle to insure, the C-HR, has a national average of $1,417.
Its most expensive model, the Land Cruiser, is $2,162 per year.
| Make | Model | Model Year | Avg. Nationwide |
|---|---|---|---|
| Toyota | 4Runner | 2021 | $1,520 |
| Toyota | 86 | 2021 | $1,904 |
| Toyota | Avalon | 2021 | $1,771 |
| Toyota | C-HR | 2021 | $1,417 |
| Toyota | Camry | 2021 | $1,680 |
| Toyota | Corolla | 2021 | $1,634 |
| Toyota | GR | 2021 | $2,134 |
| Toyota | Highlander | 2021 | $1,581 |
| Toyota | Land | 2021 | $2,162 |
| Toyota | Prius | 2021 | $1,733 |
| Toyota | RAV4 | 2021 | $1,481 |
| Toyota | Sequoia | 2021 | $1,738 |
| Toyota | Sienna | 2021 | $1,576 |
| Toyota | Tacoma | 2021 | $1,536 |
| Toyota | Tundra | 2021 | $1,613 |
| Toyota | Venza | 2021 | $1,904 |
| Toyota | Yaris | 2021 | $1,538 |
As mentioned above, Toyota has 17 production models for 2021. Rather than cover every model currently in production (that would be a long article!), we’ve selected a few of the most popular vehicles. For each, we will give a breakdown of the cost.
Toyota Camry insurance cost
The Toyota Camry is one of Toyota’s most popular cars. While the RAV-4 actually had more sales in 2020, it is still Toyota’s second-most popular car. The Camry earned an IIHS Top Safety Pick+ for 2021.
It features six different trims, from the cheapest LE to the premium TRD. The most popular trim, the SE, has an MSRP starting at $26,560.
The average cost to insure a 2021 Camry is $1,680. It is the most expensive to insure in Michigan, where the cost is $3,458. Toyota Camry car insurance is the lowest in New Hampshire at $1,043.
Car insurance cost for a used Toyota Camry
Used Camrys tend to remain pretty steady in insurance costs with only modest decreases from year to year. However, you may notice the insurance cost for the 2021 model is actually less than the 2017 model cost.
| Make | Model Group | Model Year | Avg. Nationwide |
|---|---|---|---|
| Toyota | Camry L, Camry LE, Camry SE and 5 more | 2017 | $1,694 |
| Toyota | Camry L, Camry LE, Camry SE and 5 more | 2018 | $1,746 |
| Toyota | Camry L, Camry LE, Camry SE and 5 more | 2019 | $1,779 |
| Toyota | Camry L, Camry LE, Camry SE and 5 more | 2020 | $1,791 |
Toyota Corolla insurance cost
The Corolla is a favorite among those who want a budget car that still has many of the same benefits as the Camry. The MSRP model starts at $20,025 and the average cost of car insurance for the 2021 model is $1,634.
It also has high marks for safety, earning a Top Safety Pick from IIHS. In 2020, it was the 11th-best-selling car in America.
Rates for the Corolla are the highest in Michigan with an average of $3,545. They’re the lowest in New Hampshire at $997.
Car insurance cost for a used Toyota Corolla
| Make | Model Group | Model Year | Avg. Nationwide |
|---|---|---|---|
| Toyota | Corolla 50th Anniv Specia, Corolla 50th Anniv Special Ed, Corolla 86 L and 11 more | 2017 | $1,641 |
| Toyota | Corolla 50th Anniv Specia, Corolla 50th Anniv Special Ed, Corolla 86 L and 11 more | 2018 | $1,665 |
| Toyota | Corolla 50th Anniv Specia, Corolla 50th Anniv Special Ed, Corolla 86 L and 11 more | 2019 | $1,715 |
| Toyota | Corolla 50th Anniv Specia, Corolla 50th Anniv Special Ed, Corolla 86 L and 11 more | 2020 | $1,821 |
Toyota 86 insurance cost
The Toyota 86 was previously known as the Scion FR-S. With the discontinuation of the Scion brand, this car is now a part of the Toyota family.
The average cost to insure the 2020 model is $1,904. The MSRP starts at $27,060 for the 86, or $29,910 for the 86 GT. It has a four-star NHTSA safety rating.
Toyota 86 insurance is most expensive in Michigan, at $3,934 annually. It’s the lowest in New Hampshire, where the cost is $1,158.
Car insurance cost for a used Toyota 86
The 2020 Toyota 86 is more expensive to insure than the 2021 model at the moment. In fact, it’s one of the few Toyotas with an average of over $2,000. As usual, older models are much cheaper to insure.
| Make | Model Group | Model Year | Avg. Nationwide |
|---|---|---|---|
| Toyota | 86, 86 GT, 86 Hakone Edition and 1 more | 2017 | $1,947 |
| Toyota | 86, 86 GT, 86 Hakone Edition and 1 more | 2018 | $1,989 |
| Toyota | 86, 86 GT, 86 Hakone Edition and 1 more | 2019 | $2,074 |
| Toyota | 86, 86 GT, 86 Hakone Edition and 1 more | 2020 | $2,070 |
Toyota Prius insurance cost
The Prius is Toyota’s line of vehicles with lower fuel consumption. Both hybrid and plug-in hybrid options are available, but we will focus on the non-plug-in version.
For the 2021 model, the average insurance rate nationally is $1,733 and the MSRP starts at $24,525. It has a five-star NHTSA safety rating.
For the Prius, insurance rates are the highest in Michigan, with a cost of $3,441. They are the lowest in Maine, with a rate of $1,079.
Car insurance cost for a used Toyota Prius
Like most Toyota cars, the 2020 model is currently more expensive to insure than the older models. However, the difference is narrow. For the 2017-2019 years, there is only a small difference in the average rate.
| Make | Model Group | Model Year | Avg. Nationwide |
|---|---|---|---|
| Toyota | Prius Advanced, Prius C Four, Prius C One and 25 more | 2017 | $1,669 |
| Toyota | Prius Advanced, Prius C Four, Prius C One and 25 more | 2018 | $1,724 |
| Toyota | Prius Advanced, Prius C Four, Prius C One and 25 more | 2019 | $1,773 |
| Toyota | Prius Advanced, Prius C Four, Prius C One and 25 more | 2020 | $1,765 |
Toyota Rav4 insurance cost
In 2020, the Rav4 rode the wave of pickup/SUV popularity to become Toyota’s best-selling vehicle; it was the fourth-best-selling car with 430,387 units sold.
The average insurance rate for the Rav4 is $1,481, and the MSRP starts at $26,350. It is an IIHS Top Safety Pick for 2021.
It is the most expensive to insure in Michigan, where the average rate is $3,122. The highest rate is in Maine, with an average rate of $890.
Car insurance cost for a used Toyota Rav4
The Rav4 is one of the most affordable Toyota vehicles to insure overall and its insurance costs have remained pretty steady over the years.
| Make | Model Group | Model Year | Avg. Nationwide |
|---|---|---|---|
| Toyota | RAV4 Adventure, RAV4 LE, RAV4 Limited and 6 more | 2017 | $1,501 |
| Toyota | RAV4 Adventure, RAV4 LE, RAV4 Limited and 6 more | 2018 | $1,512 |
| Toyota | RAV4 Adventure, RAV4 LE, RAV4 Limited and 6 more | 2019 | $1,562 |
| Toyota | RAV4 Adventure, RAV4 LE, RAV4 Limited and 6 more | 2020 | $1,544 |
Toyota Tacoma insurance cost
The Toyota Tacoma is a large pickup truck meant for heavy towing. In 2020, it was the 10th-best-selling car in America with 238,806 units sold.
The average insurance rate nationally is $1,536 and the MSRP starts at $26,400. It has a four-star NHTSA safety rating.
The Tacoma is the most expensive to insure in Michigan, where the average rate is $3,069. It is the cheapest to insure in New Hampshire, with an average of $899.
Car insurance cost for a used Toyota Tacoma
With Tacoma, rates have remained steady, with a small jump in 2019 but coming back down in 2020.
| Make | Model Group | Model Year | Avg. Nationwide |
|---|---|---|---|
| Toyota | Tacoma, Tacoma Limited, Tacoma Off-Road and 10 more | 2017 | $1,543 |
| Toyota | Tacoma, Tacoma Limited, Tacoma Off-Road and 10 more | 2018 | $1,563 |
| Toyota | Tacoma, Tacoma Limited, Tacoma Off-Road and 10 more | 2019 | $1,602 |
| Toyota | Tacoma, Tacoma Limited, Tacoma Off-Road and 10 more | 2020 | $1,568 |
How to budget and save on Toyota car insurance
Toyota insurance rates reveal some important points, not only about Toyotas but about car insurance in general.
For example, more expensive vehicles are generally costlier to insure, but that generally doesn’t apply to larger pickups and SUVs. These larger vehicles are often cheaper to insure than smaller sedans.
Lastly, insurance rates tend to be higher in some states than others. As you may have noticed, rates in Michigan are the highest in the nation for most Toyotas. Meanwhile, rates in New Hampshire and Maine tend to be the lowest.
Thus, where you live also affects how much you can expect to pay for Toyota car insurance. However, if you are paying too much for Toyota car insurance, there are steps you can take to lower your car insurance.
