Toyota Mirai Insurance Rates

Average insurance prices for a Toyota Mirai are $1,820 every 12 months for full coverage insurance. Comprehensive insurance costs around $388 a year, collision insurance costs $822, and liability costs around $452. Buying just liability costs as low as $504 a year, and insurance for high-risk drivers costs $3,980 or more. Teen drivers receive the highest rates at up to $6,678 a year.

Average premium for full coverage: $1,820

Rate estimates for individual coverage type:

Prices include $500 physical damage insurance deductibles, minimum liability limits, and includes additional medical/uninsured motorist 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 can have significant affects on car insurance rates. Areas with sparse population tend to have more infrequent physical damage claims than larger metro areas. The diagram below illustrates how location impacts auto insurance rates.

These examples illustrate why it is important to compare prices for a specific zip code and their own driving history, instead of using 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 additional coverage choices and driver risks.

• The lowest rate with discounts is $1,009
• Using higher $1,000 deductibles will save about $1,546 each year
• The average price for a 40-year-old driver using $500 deductibles is $1,820
• Choosing low $100 deductibles for physical damage coverage costs an extra $538 every year
• Drivers with multiple violations and an at-fault accident could pay at least $3,980
• The cost to insure a teen driver can be $6,678 or more

View Chart as Image

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

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

Older drivers with a good driving record and higher deductibles may pay as little as $1,700 a year for full coverage. Rates are highest for teen drivers, since even excellent drivers will have to pay as much as $6,600 a year. View Rates by Age

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

Where you live has a huge impact on Toyota Mirai insurance prices. A driver around age 40 might see 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

Saving money on car insurance requires being a low-risk driver, having a good credit score, avoid buying unnecessary coverage, and possibly raising deductibles. Spend time shopping around every couple of years by requesting rates from direct insurance companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

The items below are a quick rundown of the material that was touched on above.

• Policyholders who may need more liability coverage will pay about $500 annually to increase from a minimum limit to a 250/500 level
• Teen drivers are expensive to insure, costing up to $557 per month if comprehensive and collision insurance is included
• Higher risk drivers with reckless driving or DUI convictions may pay on average $2,160 more every year to insure their Mirai
• Increasing deductibles could save as much as $800 each year