Car insurance for Toyotas

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Almost every state in the country requires car insurance for vehicles. There is only one in the U.S. that doesn’t: New Hampshire. Even if car insurance isn’t a requirement, it’s still a good idea for drivers who cannot self-insure if they cause an accident. Car insurance can provide financial protection when you are involved in a car crash with minimum out-of-pocket costs.

In the United States, the average cost for car insurance is $565 for minimum liability and $1,674 for full coverage per year. There are a number of factors that go into creating your unique car insurance rate. One factor considered is the make and model of the car you drive – and the rate for those can vary by insurance company as well.

Toyotas frequently receive J.D. Power’s performance and quality awards, as well as the Insurance Institute for Highway Safety’s Top Safety Pick award. Toyota insurance rates are provided for the following models:

  • Toyota Corolla
  • Toyota Highlander
  • Toyota Prius
  • Toyota RAV4
  • Toyota Sienna
  • Toyota Tacoma
  • Toyota Tundra

Car insurance for Toyota: by model

These rates reflect the average annual full coverage premium for each of the Toyota models listed above.

Toyota Car Insurance Average annual full coverage premium
Toyota Corolla $1,695
Toyota Highlander $1,511
Toyota Prius $1,729
Toyota RAV4 $1,510
Toyota Sienna $1,687
Toyota Tacoma $1,539
Toyota Tundra $1,716

Cheapest car insurance companies for Toyota Corolla

The best car insurance companies can offer the cheapest car insurance rates for Toyota Corolla drivers. With several trim packages to choose from, plus the option to purchase a hybrid, your rates for a Toyota Corolla may differ from the ones below. We found that USAA has the cheapest average annual car insurance rates for both minimum and full coverage, though it is only available to current and past military members and their families. Amica offers the second cheapest car insurance cost for minimum coverage while Geico is second cheapest for full coverage per year.

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $341 $1,052
Geico $372 $1,255
State Farm $450 $1,300
Erie $379 $1,251
Amica $367 $1,404

Cheapest car insurance companies for Toyota Highlander

We also compared average car insurance costs for the top five car insurance providers for the Toyota Highlander. This model also has several trim package options, including a hybrid option. For the Toyota Highlander, USAA and Erie are tied for the cheapest average minimum coverage car insurance rate. For full coverage car insurance, USAA and Erie are within a few dollars of each other’s average annual cost, with USAA’s rate a few dollars less than Erie. The model and trim package you choose will affect your unique car insurance rate.

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $359 $1,137
Geico $370 $1,230
State Farm $450 $1,384
Erie $359 $1,141
Amica $396 $1,167

Cheapest car insurance companies for Toyota Prius

The Toyota Prius only comes in a hybrid option, but offers several different trim packages to make your Prius fit your needs and style. As hybrids become more common, some car insurance companies are offering discounts if you choose the hybrid option when you buy a Toyota. For minimum coverage, we found USAA has the cheapest car insurance rates per year, followed by Geico. Both companies also have the cheapest average rates for annual full coverage car insurance.

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $340 $1,198
Geico $355 $1,283
State Farm $478 $1,454
Erie $430 $1,316
Amica $367 $1,365

Cheapest car insurance companies for Toyota RAV4

The Toyota RAV4 comes in several trim options, including a hybrid with all-wheel drive. Though your rate will vary based on your driving history and the make and model of the car you drive, we found USAA to have the cheapest annual costs for minimum and full coverage car insurance for this particular car. For those who don’t qualify for coverage with USAA, Geico and Erie have cheap annual rates for minimum coverage, while Geico and Amica come in cheapest for full coverage per year.

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $340 $1,100
Geico $348 $1,028
State Farm $478 $1,358
Erie $371 $1,229
Amica $379 $1,185

Cheapest car insurance companies for Toyota Sienna

For drivers who need a bigger vehicle, the Toyota Sienna minivan comes in several trim options, all of which are hybrid vehicles. Of all the Toyotas we reviewed, the Sienna has the cheapest rates, with USAA offering the lowest average annual cost for minimum coverage and Erie providing the best average annual rates for full coverage car insurance. Geico comes in second for cheapest minimum coverage rate, and Amica has the second cheapest average annual full coverage cost.

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $328 $1,324
Geico $344 $1,447
State Farm $487 $1,615
Erie $352 $1,247
Amica $367 $1,303

Cheapest car insurance companies for Toyota Tacoma

The Toyota Tacoma has three different trim package options but does not have a hybrid model like some of the other Toyotas. However, that doesn’t mean you can’t still get great rates on car insurance. For the Toyota Tacoma, USAA once again has the cheapest average annual minimum coverage and full coverage rates. Geico’s rates are slightly higher than USAA and Erie is just $1 more than Geico’s rate for minimum coverage car insurance, though your rates with these carriers will vary.

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $336 $1,086
Geico $364 $1,188
State Farm $409 $1,290
Erie $365 $1,374
Amica $379 $1,225

Cheapest car insurance companies for Toyota Tundra

Another truck offered by Toyota, the Tundra, also has three options for trim packages but does not come in hybrid. For the Toyota Tundra, the cheapest average annual costs for minimum and full coverage car insurance are with USAA. However, Geico and Amica tie for second place for minimum coverage, with Amica having the second cheapest rates for full coverage car insurance. Your rates will vary with these insurance companies based on your driving record, location and which make, model and trim package you choose.

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $345 $1,182
Geico $367 $1,479
State Farm $438 $1,362
Erie $430 $1,388
Amica $367 $1,316

Other car insurance coverage for Toyota

If you’re purchasing a new Toyota or have one that still has some value, you may want to consider higher liability limits than the minimum coverage offered by your state. In many states, you can be sued by the other driver if your car insurance doesn’t have enough coverage to pay for their injuries or property damage.

Several Toyota models fall into the category of cheapest cars to insure, which means you can still get extra coverage to protect your finances without breaking your budget. To get the best rate for car insurance in your state, get multiple quotes to compare to find the cheapest rate with the best insurance company for you.

Consider some of these extra coverages as part of your full coverage Toyota car insurance package:

  • Comprehensive: Considered other-than-collision coverage, comprehensive covers theft, vandalism, broken windows or windshields and if you hit an animal with your Toyota.
  • Collision: This coverage will pay to fix your damages or replace your Toyota if you are at fault in an accident. Choose a deductible you can afford to pay if you’re involved in a car crash.
  • Gap insurance: If your Toyota is totaled in a car accident and the book value is less than your loan or lease amount, gap coverage will pay the difference to your lender.
  • Roadside assistance: If your Toyota breaks down, you run out of gas or lock your keys in the vehicle, you’ll be happy you paid extra for roadside assistance.
  • Uninsured and underinsured motorist: Required by some states, this coverage kicks in if you’re hit by someone who doesn’t have any insurance, enough to cover your injuries and vehicle damage or if you’re the victim of a hit and run.

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our base profile drivers commute five days a week, drive 12,000 miles annually and were evaluated using the following cars:

  • 2019 Toyota Corolla
  • 2019 Toyota Highlander
  • 2019 Toyota Prius
  • 2019 Toyota RAV4
  • 2019 Toyota Sienna
  • 2019 Toyota Tacoma
  • 2019 Toyota Tundra

These are sample rates and should only be used for comparative purposes.