Toyota Tacoma Insurance Rates

The average insurance rates for a Toyota Tacoma are $1,316 a year including full coverage. Comprehensive costs an estimated $282, collision costs $478, and liability insurance costs around $398. Buying just liability costs as low as $460 a year, with insurance for high-risk drivers costing around $2,836. Teenage drivers cost the most to insure at $4,924 a year or more.

Average premium for full coverage: $1,316

Policy rates broken down by type of insurance:

Rates include $500 deductibles, 30/60 liability limits, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 U.S. states and for different Tacoma trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a significant impact on the price of auto insurance. More rural locations are shown to have a lower frequency of comprehensive and collision claims than densely populated cities.

The price range example below illustrates the effect of location on insurance prices.

The examples above highlight why anyone shopping for car insurance should compare prices for a targeted area and risk profile, rather than relying on average rates.

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

Additional Rate Details

The chart below breaks down estimated Toyota Tacoma insurance rates for other coverage scenarios.

• The best discount rate is $765
• Using higher $1,000 deductibles will save approximately $174 every year
• The average rate for a good driver age 40 who has $500 deductibles is $1,316
• Using more expensive low deductibles for physical damage coverage will increase the cost to $1,648
• Drivers who are prone to accidents and violations could pay up to $2,836 or more
• Policy cost for full coverage for a teen driver with full coverage can cost as much as $4,924 or more

View Chart as Image

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

An older driver with a clean driving record and high deductibles could pay as little as $1,200 a year, or $100 per month, for full coverage. Rates are much higher for teenagers, where even good drivers can expect to pay at least $4,900 a year. View Rates by Age

Your home state has a huge impact on Toyota Tacoma insurance rates. A driver around age 40 might see rates as low as $1,010 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,880 on average in Louisiana, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles could cut rates by as much as $510 each year, while increasing your policy's liability limits will increase premiums. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $358 more per year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying $1,600 to $2,100 extra every year, depending on your age. High-risk driver insurance can be anywhere from 43% to 136% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out which auto insurance is cheapest is to compare rates from as many companies as possible. Each insurance company uses a different method to calculate rates, so the rates will be varied from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2017 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 Cheaper Toyota Tacoma Insurance

Finding cheaper rates on Toyota Tacoma insurance requires not taking risks behind the wheel, maintaining good credit, paying for small claims out-of-pocket, and taking advantage of discounts. Take the time to shop around at least every two years by getting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

The following is a summary of the information that was covered in this article.

• Increasing comprehensive and collision deductibles can save around $500 each year
• You may be able to save approximately $160 per year simply by shopping early and online
• Drivers who want higher liability limits will pay an extra $440 per year to increase from a 30/60 limit to 250/500 limits
• Teens are charged the highest rates, with premiums being up to $410 each month for full coverage
• High-risk drivers that have multiple accidents or serious violations may pay on average $1,520 more annually for Tacoma insurance