Toyota Yaris Insurance Rates

Is the Toyota Yaris expensive to insure? The average Toyota Yaris insurance rates are $109 per month or $1,310 annually. However, you might receive a cheaper insurance quote for a Toyota Yaris if you comparison shop for cheap car insurance. 

Read through our comprehensive guide to learn how car insurance rates are calculated so you can get the lowest Toyota Yaris insurance costs. 

When you’re ready to shop for cheap Toyota Yaris car insurance rates, just enter your five-digit ZIP code into our FREE quote comparison tool to get started.

Average insurance rates for a Toyota Yaris are $1,198 a year for full coverage insurance. Comprehensive insurance costs an estimated $208 a year, collision costs $376, and liability costs $456. Buying just liability costs as little as $508 a year, with insurance for high-risk drivers costing $2,604 or more. Teen drivers receive the highest rates at $4,690 a year or more.

Average premium for full coverage: $1,198

Rate estimates broken down by individual coverage type:

Includes $500 physical damage deductibles, minimum liability limits, and includes both medical and UM/UIM coverage. Rates are averaged for all 50 states and Yaris trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location can have significant affects on the price of insurance. More rural locations tend to have a lower frequency of physical damage claims than larger metro areas.

The diagram below illustrates how location helps determine insurance prices.

These examples illustrate why it is important to compare rates for a targeted area and risk profile, instead of using price averages.

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

Rate Comparisons

The chart below illustrates estimated Toyota Yaris insurance rates for other coverage scenarios.

• The lowest rate with discounts is $702
• Drivers who choose higher $1,000 deductibles will pay approximately $1,066 each year
• The average rate for a 40-year-old driver who has $500 deductibles is $1,198
• Choosing low $100 deductibles for comprehensive and collision insurance will cost an extra $260 every year
• Higher-risk drivers with multiple violations and an at-fault accident could pay up to $2,604 or more
• The cost for full coverage for a teen driver can cost as much as $4,690 a year

View Chart as Image

Auto insurance rates for a Toyota Yaris can also vary considerably based on your driver profile, the model year and trim level, and liability limits and deductibles.

Older drivers with a good driving record and high deductibles may pay as little as $1,100 per year on average for full coverage. Rates are highest for teen drivers, where even good drivers will have to pay at least $4,600 a year. View Rates by Age

Where you live makes a big difference in Toyota Yaris insurance prices. A 40-year-old driver could pay as low as $790 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,620 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing high deductibles could save up to $400 every year, while buying higher liability limits will increase premiums. Switching from a 50/100 limit to a 250/500 limit will cost as much as $411 extra every year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are probably paying $1,400 to $2,000 in extra premium per year, depending on your age. A high-risk auto insurance policy can cost as much as 43% to 130% more than average. View High Risk Driver Rates

With so much variability in rates, the only way to figure out which company is cheapest is to get quotes and see which company has the best rate. Every company uses a different rate calculation, and quoted rates can be significantly different from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2018 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 the Cheapest Toyota Yaris Insurance

Saving money on car insurance not only requires being a safe and courteous driver, but also having good credit, avoid buying unnecessary coverage, and qualifying for all possible discounts. Invest time comparing rates every couple of years by getting quotes from direct insurance companies like GEICO and Progressive, and also from several local insurance agents.

Below is a recap of the material that was covered in the charts and tables above.

• Policyholders who want higher levels of liability will pay about $500 annually to go from a minimum limit to 250/500 limits
• Teenage drivers are the costliest to insure, costing up to $391 per month if they have full coverage
• Higher risk drivers that have major violations or accidents pay on average $1,410 more annually for auto insurance
• Increasing deductibles can save around $400 each year

As you’ve learned from the information above, many factors impact your car insurance rates, like the age of your Yaris model. For example, the 2007 Toyota Yaris insurance costs will be much lower than the 2019 Toyota Yaris insurance averages. 

To get cheap Yaris car insurance, just enter your ZIP code into our FREE quote comparison tool below. 

What are the safety ratings for the Toyota Yaris?

Understanding the Toyota Yaris safety ratings can help you discover car insurance discounts you might qualify for, or expose areas where your vehicle may be increasing your rates. 

Check out the 2020 Toyota Yaris Hatchback safety ratings below.

• Small overlap front (driver-side): Good
• Moderate overlap front: Good
• Side: Good
• Roof strength: Good
• Head restraints and seats: Good

A rating of ‘Good’ is the best score given by the Insurance Institute for Highway Safety. Unfortunately, the headlights received a ‘Poor’ rating. However, these great ratings will be reflected in your car insurance rates.

Toyota Yaris Compared Against Other Vehicles in the Same Class

Comparing the Toyota Yaris to similar vehicles can help you save money, especially if the Toyota Yaris has better loss ratios than other vehicles in its class.

Officially, the Insurance Institute for Highway Safety classifies it as a mini four-door car.

Is the Toyota Yaris good compared to other similar cars? See other comparable mini four-door cars below.

• Chevrolet Spark
• Ford Fiesta
• MINI Cooper

The collision, property damage, and comprehensive insurance loss ratios are all average for the Toyota Yaris, at -17 percent, -11 percent, and -19 percent respectively. Overall, these numbers are not bad, but not great either.

Many drivers want to know what is the cheapest car to insure, but your rates have more to do with you than the car you drive. High-risk drivers with rock driving records will still receive higher than average rates even if they buy the cheapest cars to insure. 

However, specialty vehicles, like sports cars or extreme luxury vehicles, do cost more to insure. Therefore, purchasing a reliable, safe, and affordable economy sedan can help lower your average premiums. 

You’re now an expert on securing the lowest Toyota Yaris insurance rates. When you’re ready to find your lowest Toyota Yaris costs for insurance, just enter your ZIP code into our FREE quote comparison tool and start shopping.