Toyota Matrix Insurance Rates

Average insurance rates for a Toyota Matrix are $868 a year including full coverage. Comprehensive costs approximately $116 each year, collision insurance costs $152, and liability costs $442. A policy with just liability insurance costs as little as $496 a year, and coverage for high-risk drivers costs around $1,868. Teenage drivers receive the highest rates at up to $3,614 a year.

Average premium for full coverage: $868

Rate estimates by individual coverage type:

These estimates include $500 policy deductibles, bodily injury liability limits of 30/60, and includes medical and UM/UIM coverage. Rates are averaged for all 50 U.S. states and Matrix models.

Price Range by Coverage and Risk

Price Range by Location

Your location can have significant affects on car insurance prices. Rural locations tend to have lower incidents of comprehensive and collision claims than densely populated cities. The graphic below illustrates how your location can change auto insurance prices.

These examples highlight why all drivers should compare rates using their specific location, instead of using average rates.

Use the form below to get customized rates for your location.

More Rate Details

The chart below breaks down average Toyota Matrix insurance rates for additional coverage and risk scenarios.

• The best discount rate is $536
• Drivers who choose higher $1,000 deductibles will pay $62 every year
• The estimated price for a 40-year-old driver who chooses $500 deductibles is $868
• Using low deductibles for comprehensive and collision insurance bumps up the cost to $984
• Higher-risk drivers who are prone to accidents and violations could pay around $1,868
• The cost that insures a teen driver can cost $3,614 a year

View Chart as Image

Insurance rates for a Toyota Matrix can also vary considerably based on the trim level and model year, your driving record and age, and physical damage deductibles and liability limits.

If you like to drive fast or you caused an accident, you are likely paying anywhere from $1,000 to $1,500 additional per year, depending on your age. Insurance for high-risk drivers can cost as much as 42% to 128% more than a normal policy. View High Risk Driver Rates

More mature drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as little as $800 per year on average for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records should be prepared to pay in the ballpark of $3,600 a year. View Rates by Age

Where you live makes a big difference in Toyota Matrix insurance prices. A 40-year-old driver could pay as low as $670 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,240 on average in Louisiana, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles could save up to $180 every year, whereas increasing liability limits will push rates upward. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $398 more each year. View Rates by Deductible or Liability Limit

Insurance Rates by Trim Level and Model Year

Rates assume 2005 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Find Cheap Toyota Matrix Insurance

Saving money on car insurance not only requires being safe and accident-free, but also having a good credit score, not filing small claims, and consideration of higher deductibles. Compare prices every other policy renewal by obtaining price quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from local auto insurance providers.

Below you'll find a brief summary of the ideas that were illustrated above.

• Youthful drivers are the costliest to insure, as much as $301 per month if comprehensive and collision insurance is included
• Higher risk drivers that tend to have accidents or serious violations will likely pay on average $1,000 more per year than a low-risk driver
• Increasing deductibles can save approximately $175 each year
• You may be able to save around $90 per year just by quoting online in advance