Toyota Mirai Insurance Rates

The average insurance prices for a Toyota Mirai are $1,820 every 12 months for full coverage insurance. Comprehensive costs on average $388 a year, collision insurance costs $822, and liability insurance is $452. Liability-only coverage costs around $504 a year, and high-risk coverage costs around $3,980. Teen drivers cost the most to insure at up to $6,678 a year.

Average premium for full coverage: $1,820

Policy rates by type of insurance:

Prices include $500 policy deductibles, minimum liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all 50 states and Mirai trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a significant impact on insurance rates. Rural areas are shown to have more infrequent physical damage claims than larger metro areas. The diagram below illustrates how location impacts car insurance rates.

The examples above illustrate why it is important to compare rates quotes based on a specific location and their own driving history, rather than relying on price averages.

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

Additional Rate Analysis

The chart below illustrates average Toyota Mirai insurance rates for different risk profiles and scenarios.

• The lowest rate with discounts is $1,009
• Raising to $1,000 deductibles will save around $1,546 each year
• The average price for a good driver age 40 with $500 deductibles is $1,820
• Choosing low $100 deductibles increases the price to $2,358
• Higher-risk drivers with multiple violations and an at-fault accident could pay upwards of $3,980
• Policy cost to insure a teen driver may cost $6,678

View Chart as Image

Insurance rates for a Toyota Mirai also range considerably based on liability limits and deductibles, your risk profile, and the trim level of your Mirai.

Choosing high deductibles can reduce rates by up to $820 each year, while buying higher liability limits will cost you more. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $407 more each year. View Rates by Deductible or Liability Limit

Older drivers with no violations or accidents and higher deductibles could pay as little as $1,700 every 12 months on average, or $142 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers should be prepared to pay upwards of $6,600 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are probably paying at a minimum $2,200 to $3,000 additional every year, depending on your age. A high-risk auto insurance policy is expensive and can cost anywhere from 45% to 135% more than average. View High Risk Driver Rates

Your home state also has a big influence on Toyota Mirai insurance rates. A middle-age driver might find rates as low as $1,190 a year in states like Vermont, Wisconsin, and North Carolina, or as much as $2,460 on average in Michigan, New York, and Florida.

View Chart as Image

How to Shop for the Right Toyota Mirai Insurance

Finding cheaper rates on Toyota Mirai insurance consists of being a good driver, having above-average credit, being claim-free, and dropping full coverage on older vehicles. Spend time shopping around every couple of years by getting rate quotes from direct insurance companies, and also from several local insurance agents.

The following list is a quick rundown of the material that was touched on above.

• Drivers who require an increased level of liability coverage will pay about $500 annually to raise from a 30/60 limit to a 250/500 level
• Drivers age 16 to 20 pay higher rates, possibly costing $557 each month if full coverage is included
• High-risk drivers with reckless driving or DUI convictions pay on average $2,160 more each year than a safer driver
• Increasing comprehensive and collision deductibles could save as much as $800 each year