Toyota Sequoia Insurance Rates

The average insurance rates for a Toyota Sequoia are $1,446 a year with full coverage. Comprehensive insurance costs on average $320 a year, collision costs $552, and liability coverage is $416. Liability-only coverage costs around $474 a year, with high-risk coverage costing $3,126 or more. 16-year-old drivers cost the most to insure at $5,362 a year or more.

Average premium for full coverage: $1,446

Policy rates by type of insurance:

Includes $500 comprehensive and collision deductibles, liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all U.S. states and Sequoia trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a large influence on auto insurance rates. Rural areas are shown to have a lower frequency of collision claims than congested cities.

The diagram below illustrates how geographic area affects car insurance rates.

The examples above demonstrate why it is important to compare rates quotes based on a specific location and risk profile, rather than using rate averages.

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

Additional Charts and Tables

The chart below details estimated Toyota Sequoia insurance rates for different risk profiles and scenarios.

• The best full coverage rate is $834
• Raising to $1,000 deductibles will save around $1,250 annually
• The average rate for a good driver age 40 with $500 deductibles is $1,446
• Buying low $100 deductibles will cost an extra $386 each year
• Unlucky drivers with multiple tickets or accidents could pay upwards of $3,126 or more
• Policy cost for full coverage for a teenage driver may cost $5,362

View Chart as Image

Insurance rates for a Toyota Sequoia also range considerably based on your risk profile, the trim level and model year, and policy deductibles and limits.

Older drivers with no violations or accidents and high deductibles may only pay around $1,300 every 12 months on average, or $108 per month, for full coverage. Rates are highest for teenagers, where even good drivers should be prepared to pay upwards of $5,300 a year. View Rates by Age

Your home state also has a big influence on Toyota Sequoia insurance rates. A middle-age driver might find rates as low as $1,040 a year in states like New Hampshire, Ohio, and Utah, or at least $1,950 on average in Florida, Michigan, and New York.

View Chart as Image

Opting for high physical damage deductibles can reduce rates by up to $590 a year, while buying higher liability limits will cost you more. Moving from a 50/100 limit to a 250/500 limit will raise rates by up to $375 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you may be forking out at a minimum $1,700 to $2,300 additional every year, depending on your age. A high-risk auto insurance policy is expensive and can cost around 43% to 131% more than the average rate. View High Risk Driver Rates

Because rates have so much variability, the best way to find out exactly what you will pay is to get quotes and see how they stack up. Every auto insurance company utilizes a different rate formula, and rates will be varied from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2023 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 Sequoia Insurance

Finding cheaper rates on auto insurance consists of having a decent driving record, having a good credit history, not filing small claims, and insuring your home and auto with the same company. Invest the time to compare rates once a year by getting rate quotes from direct companies like GEICO, Progressive, and Esurance, and also from local insurance agents.

The following items are a recap of the data that was presented in the illustrations above.

• You may be able to save as much as $170 per year simply by quoting early and online
• Consumers who require additional liability coverage will pay around $460 every year to raise from a 30/60 limit to 250/500 limits
• 16 to 18-year-old drivers pay higher rates, as much as $447 each month including comprehensive and collision insurance
• Drivers that have major violations or accidents may be required to pay an average of $1,680 more each year than a driver with a clean driving record