Toyota Mirai Insurance Rates

Average insurance rates for a Toyota Mirai are $1,820 a year for full coverage insurance. Comprehensive insurance costs an estimated $388 a year, collision insurance costs $822, and liability coverage costs around $452. Buying just liability costs as low as $504 a year, and insurance for high-risk drivers costs $3,980 or more. Teens receive the highest rates at up to $6,678 a year.

Average premium for full coverage: $1,820

Rate estimates broken down by individual coverage type:

Includes $500 physical damage insurance deductibles, liability limits of 30/60, and includes both medical and UM/UIM coverage. Rates are averaged for all 50 states and Mirai trim levels.

Price Range by Coverage and Risk

Price Range by Location

Where you live has a large influence on the price of insurance. More rural locations tend to have lower incidents of physical damage claims than cities with more traffic congestion. The diagram below illustrates the effect of geographic area on insurance prices.

These examples illustrate why it is important to compare prices for a targeted area, rather than using averaged prices.

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

Rate Comparisons

The chart below illustrates average Toyota Mirai insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $1,009
• Using higher $1,000 deductibles will save approximately $1,546 each year
• The estimated price for a 40-year-old driver who has $500 deductibles is $1,820
• Selecting low $100 deductibles for physical damage coverage will cost an additional $538 each year
• Higher-risk drivers with serious driving violations could pay up to $3,980
• The cost that insures a teenage driver can cost as much as $6,678 or more

View Chart as Image

Auto insurance rates for a Toyota Mirai can also vary considerably based on the trim level of your Mirai, your age and driving record, and liability limits and deductibles.

If you like to drive fast or you caused an accident, you are probably paying $2,200 to $3,000 in extra premium per year, depending on your age. A high-risk auto insurance policy can be around 45% to 135% more than the average policy. View High Risk Driver Rates

Older drivers with a good driving record and higher comprehensive and collision deductibles may only pay around $1,700 a year for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records will have to pay at least $6,600 a year. View Rates by Age

Where you live has a huge impact on Toyota Mirai insurance rates. A driver around age 40 might see rates as low as $1,190 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $2,460 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $820 a year, while buying higher liability limits will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $407 extra every year. View Rates by Deductible or Liability Limit

How to Find the Cheapest Toyota Mirai Insurance

Saving money on auto insurance requires being a low-risk driver, maintaining a good credit score, avoid buying unnecessary coverage, and consideration of higher deductibles. Compare rates once a year by getting quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.

The items below are a recap of the data that was covered in the above illustrations.

• It is possible to save approximately $230 per year just by quoting early and online
• Consumers who want more liability coverage will pay approximately $500 annually to increase from a minimum limit to the 250/500 level
• Teen drivers are the costliest to insure, costing up to $557 per month if the policy includes full coverage
• Drivers that have major violations or accidents may have to pay on average $2,160 more annually to insure their Mirai