Toyota Matrix XRS 2WD Insurance Rates

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Average insurance rates for a Toyota Matrix XRS 2WD are $1,378 a year with full coverage. Comprehensive costs on average $284, collision costs $572, and liability coverage costs $364. Buying just liability costs as little as $430 a year, with insurance for high-risk drivers costing around $2,992. Teen drivers receive the highest rates at $5,132 a year or more.

Annual premium for full coverage: $1,378

Rate estimates by type of insurance:

Comprehensive $284
Collision $572
Liability $364

40-year-old driver, full coverage with $500 deductibles, and good driving record

Price Range for Insurance for this Toyota Matrix Trim Level

Using a middle-aged driver as an example, prices go from as low as $430 for a discount liability-only rate to a much higher rate of $2,992 for a high-risk driver policy.

Liability Only $430
Full Coverage $1,378
High Risk $2,992

Price Range by Location

Your location has a large influence on auto insurance rates. Rural areas tend to have a lower frequency of collision claims than larger metro areas.

The price range example below illustrates how where you live affects car insurance rates.

Rural Areas $1,034
Small Cities $1,447
Large Cities $1,860

These differences demonstrate why anyone shopping for car insurance should compare rates based on a specific location and risk profile, rather than using price averages.

Use the form below to get rates for your location.

Enter your zip code below to view companies based on your location that have cheap auto insurance rates.

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Auto insurance rates for a Toyota Matrix XRS 2WD can also vary considerably based on your driver profile, the actual cash value of your Matrix, and policy deductibles and limits.

An older driver with a good driving record and high deductibles may only pay around $1,300 per year on average for full coverage. Rates are highest for teen drivers, where even good drivers will have to pay upwards of $5,100 a year. View Rates by Age

Where you live makes a big difference in Toyota Matrix XRS 2WD insurance rates. A 40-year-old driver could pay as low as $970 a year in states like Indiana, Ohio, and Vermont, or as much as $1,790 on average in New Jersey, Michigan, and Montana. Rates by state and city are shown later in the article.

Choosing high deductibles could save up to $580 a year, while increasing your policy's liability limits will cost you more. Moving from a 50/100 limit to a 250/500 limit will cost as much as $327 extra every year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you may be forking out at a minimum $1,600 to $2,200 in extra premium per year, depending on your age. High-risk driver insurance can cost around 43% to 129% more than average. View High Risk Driver Rates

With so much variability in rates, the best way to find out exactly what you will pay is to compare rates and see how they stack up. Every company uses a different rate calculation, and quoted rates can be significantly different from one company to the next.

View Chart as Image

Toyota Matrix XRS 2WD insurance cost comparison chart
Column chart showing Toyota Matrix XRS 2WD insurance prices range from $787 to $5,132 for full coverage

The chart above shows Toyota Matrix XRS 2WD insurance rates for different risk profiles and scenarios. The cheapest rate with discounts is $787. Drivers who choose higher $1,000 deductibles will pay around $1,184. The average rate for a 40-year-old male driver using $500 deductibles is $1,378. Using more expensive $100 deductibles for comp and collision coverage can cost as much as $1,758. High risk drivers could be charged as much as $2,992. The price for full coverage insurance for a teen driver is $5,132.

Toyota Matrix XRS 2WD Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,246 -$132 -9.6%
Alaska $1,056 -$322 -23.4%
Arizona $1,144 -$234 -17.0%
Arkansas $1,378 -$0 0.0%
California $1,570 $192 13.9%
Colorado $1,318 -$60 -4.4%
Connecticut $1,418 $40 2.9%
Delaware $1,560 $182 13.2%
Florida $1,724 $346 25.1%
Georgia $1,274 -$104 -7.5%
Hawaii $990 -$388 -28.2%
Idaho $932 -$446 -32.4%
Illinois $1,026 -$352 -25.5%
Indiana $1,036 -$342 -24.8%
Iowa $930 -$448 -32.5%
Kansas $1,310 -$68 -4.9%
Kentucky $1,880 $502 36.4%
Louisiana $2,040 $662 48.0%
Maine $850 -$528 -38.3%
Maryland $1,138 -$240 -17.4%
Massachusetts $1,102 -$276 -20.0%
Michigan $2,394 $1,016 73.7%
Minnesota $1,152 -$226 -16.4%
Mississippi $1,652 $274 19.9%
Missouri $1,222 -$156 -11.3%
Montana $1,480 $102 7.4%
Nebraska $1,086 -$292 -21.2%
Nevada $1,654 $276 20.0%
New Hampshire $994 -$384 -27.9%
New Jersey $1,540 $162 11.8%
New Mexico $1,220 -$158 -11.5%
New York $1,452 $74 5.4%
North Carolina $794 -$584 -42.4%
North Dakota $1,130 -$248 -18.0%
Ohio $950 -$428 -31.1%
Oklahoma $1,416 $38 2.8%
Oregon $1,264 -$114 -8.3%
Pennsylvania $1,316 -$62 -4.5%
Rhode Island $1,838 $460 33.4%
South Carolina $1,250 -$128 -9.3%
South Dakota $1,162 -$216 -15.7%
Tennessee $1,208 -$170 -12.3%
Texas $1,662 $284 20.6%
Utah $1,020 -$358 -26.0%
Vermont $942 -$436 -31.6%
Virginia $824 -$554 -40.2%
Washington $1,066 -$312 -22.6%
West Virginia $1,264 -$114 -8.3%
Wisconsin $956 -$422 -30.6%
Wyoming $1,228 -$150 -10.9%

View Chart as Image

Toyota Matrix XRS 2WD insurance rates by U.S. city

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Rates by Driver Age

Toyota Matrix XRS 2WD Insurance Rates by Driver Age
Driver Age Premium
16 $5,132
20 $3,206
30 $1,442
40 $1,378
50 $1,258
60 $1,236

Full coverage, $500 deductibles

Rates by Deductible

Toyota Matrix XRS 2WD Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,758
$250 $1,580
$500 $1,378
$1,000 $1,184

Full coverage, driver age 40

Rates by Liability Limit

Toyota Matrix XRS 2WD Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,378
50/100 $1,451
100/300 $1,542
250/500 $1,778
100 CSL $1,487
300 CSL $1,687
500 CSL $1,833

Full coverage, driver age 40

Rates for High Risk Drivers

Toyota Matrix XRS 2WD Insurance Rates for High Risk Drivers
Age Premium
16 $7,326
20 $5,098
30 $3,060
40 $2,992
50 $2,856
60 $2,832

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $194

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $73
Multi-vehicle $72
Homeowner $19
5-yr Accident Free $105
5-yr Claim Free $89
Paid in Full/EFT $65
Advance Quote $70
Online Quote $98
Total Discounts $591
Rate after discounts $787

Discounts are estimated and may not be available from every company or in every state.

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