Toyota Tacoma Insurance Rates

Enter your zip code below to view companies that have cheap auto insurance rates.

Jeffrey Johnson

Insurance Lawyer

Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Insurance Lawyer

UPDATED: Jun 6, 2023

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Toyota Tacoma insurance
Are Tacomas expensive to insure compared to other vehicles? The average Toyota Tacoma insurance rates are $1,338 a year, or $111 a month. Read on to learn more about Toyota Tacoma car insurance rates and what you can do to save.

To start shopping for the cheapest Toyota Tacoma insurance rates in your area, enter your ZIP code in our free tool above.

The average auto insurance rates for a Toyota Tacoma are $1,296 annually including full coverage. Comprehensive costs around $262 each year, collision insurance costs $446, and liability costs around $430. Liability-only coverage costs as low as $486 a year, and high-risk coverage costs around $2,802. 16-year-old drivers cost the most to insure at up to $4,922 a year.

Average premium for full coverage: $1,296

Policy rates for type of insurance:

Comprehensive $262
Collision $446
Liability $430

Includes $500 comprehensive and collision deductibles, bodily injury liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 U.S. states and Tacoma models.

Price Range Variability

For a driver around age 40, Toyota Tacoma insurance rates range from as cheap as $486 for your basic liability-only policy to a high rate of $2,802 for a driver who has had serious violations or accidents.

Liability Only $486
Full Coverage $1,296
High Risk $2,802

Urban vs. Rural Price Range

Where you live can have significant affects on the price of insurance. Areas with sparse population are shown to have fewer comprehensive and collision claims than congested cities. The graphic below illustrates the difference between rural and urban areas on auto insurance rates.

Rural Areas $972
Small Cities $1,361
Large Cities $1,750

The examples above highlight why all drivers should compare prices for a specific zip code and their own personal driving habits, instead of using rate averages.

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

Enter your zip code below to view companies based on your location that have cheap auto insurance rates.

More Rate Information

The chart below breaks down average Toyota Tacoma insurance rates for additional coverage choices and driver risks.

  • The best full coverage rate is $756
  • Using higher $1,000 deductibles will save about $160 every year
  • The estimated rate for a good driver age 40 using $500 deductibles is $1,296
  • Buying low deductibles for physical damage coverage will cost $1,608
  • Drivers with multiple tickets or accidents could pay at least $2,802
  • Policy cost with full coverage for a teen driver can be $4,922 or more

View Chart as Image

Toyota Tacoma insurance cost comparison chart
Column chart showing Toyota Tacoma insurance rates range from $756 to $4,922 for full coverage

Insurance rates for a Toyota Tacoma also range considerably based on the model year and trim level, your driving characteristics, and deductibles and policy limits.

More mature drivers with no violations or accidents and high physical damage deductibles may pay as little as $1,200 a year, or $100 per month, for full coverage. Rates are highest for teenagers, where even without any violations or accidents they should be prepared to pay as much as $4,900 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are likely paying at least $1,500 to $2,100 additional every year, depending on your age. Insurance for high-risk drivers can be as much as 43% to 129% more than the average rate. View High Risk Driver Rates

Opting for high physical damage deductibles could cut rates by as much as $480 every year, whereas increasing liability limits will increase rates. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $387 more each year. View Rates by Deductible or Liability Limit

Your home state has a huge impact on Toyota Tacoma insurance prices. A driver around age 40 might see rates as low as $1,000 a year in states like Missouri, New Hampshire, and Vermont, or at least $1,850 on average in Michigan, New York, and Louisiana.

Toyota Tacoma Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,174 -$122 -9.4%
Alaska $996 -$300 -23.1%
Arizona $1,076 -$220 -17.0%
Arkansas $1,296 -$0 0.0%
California $1,478 $182 14.0%
Colorado $1,238 -$58 -4.5%
Connecticut $1,334 $38 2.9%
Delaware $1,468 $172 13.3%
Florida $1,622 $326 25.2%
Georgia $1,196 -$100 -7.7%
Hawaii $930 -$366 -28.2%
Idaho $876 -$420 -32.4%
Illinois $966 -$330 -25.5%
Indiana $976 -$320 -24.7%
Iowa $876 -$420 -32.4%
Kansas $1,234 -$62 -4.8%
Kentucky $1,768 $472 36.4%
Louisiana $1,918 $622 48.0%
Maine $800 -$496 -38.3%
Maryland $1,068 -$228 -17.6%
Massachusetts $1,038 -$258 -19.9%
Michigan $2,252 $956 73.8%
Minnesota $1,086 -$210 -16.2%
Mississippi $1,552 $256 19.8%
Missouri $1,152 -$144 -11.1%
Montana $1,394 $98 7.6%
Nebraska $1,022 -$274 -21.1%
Nevada $1,554 $258 19.9%
New Hampshire $936 -$360 -27.8%
New Jersey $1,450 $154 11.9%
New Mexico $1,148 -$148 -11.4%
New York $1,366 $70 5.4%
North Carolina $748 -$548 -42.3%
North Dakota $1,062 -$234 -18.1%
Ohio $896 -$400 -30.9%
Oklahoma $1,332 $36 2.8%
Oregon $1,186 -$110 -8.5%
Pennsylvania $1,238 -$58 -4.5%
Rhode Island $1,730 $434 33.5%
South Carolina $1,174 -$122 -9.4%
South Dakota $1,094 -$202 -15.6%
Tennessee $1,136 -$160 -12.3%
Texas $1,564 $268 20.7%
Utah $960 -$336 -25.9%
Vermont $888 -$408 -31.5%
Virginia $778 -$518 -40.0%
Washington $1,002 -$294 -22.7%
West Virginia $1,188 -$108 -8.3%
Wisconsin $898 -$398 -30.7%
Wyoming $1,156 -$140 -10.8%

View Chart as Image

Toyota Tacoma insurance rates by U.S. city

Insurance Rates by Trim Level and Model Year

Toyota Tacoma Insurance Rates by Model and Trim Level
Model and Trim Annual Premium Monthly Premium
Toyota Tacoma 2WD $1,262 $105
Toyota Tacoma 4WD $1,228 $102
Toyota Tacoma Double Cab 4WD $1,268 $106
Toyota Tacoma X-Runner 2WD $1,380 $115
Toyota Tacoma Double Cab 4WD $1,308 $109
Toyota Tacoma Double Cab TRD Off-Road Package 4WD $1,348 $112
Toyota Tacoma Double Cab TRD Sport Package 4WD $1,348 $112

Rates assume 2020 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.

Toyota Tacoma Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2020 Toyota Tacoma $262 $446 $430 $1,296
2019 Toyota Tacoma $248 $430 $442 $1,278
2017 Toyota Tacoma $230 $376 $456 $1,220
2016 Toyota Tacoma $220 $338 $460 $1,176
2015 Toyota Tacoma $206 $310 $460 $1,134
2014 Toyota Tacoma $198 $292 $464 $1,112
2013 Toyota Tacoma $194 $272 $474 $1,098
2012 Toyota Tacoma $180 $252 $474 $1,064
2010 Toyota Tacoma $162 $210 $474 $1,004
2009 Toyota Tacoma $152 $190 $474 $974
2008 Toyota Tacoma $148 $170 $468 $944
2007 Toyota Tacoma $146 $166 $460 $930
2006 Toyota Tacoma $144 $160 $452 $914
2005 Toyota Tacoma $132 $152 $446 $888
2004 Toyota Tacoma $126 $144 $442 $870

Rates are averaged for all Toyota Tacoma models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.

How to Buy the Cheapest Toyota Tacoma Insurance

Finding cheaper rates on car insurance requires avoiding accidents and violations, having good credit, paying for small claims out-of-pocket, and deciding if full coverage is necessary. Set aside time to compare rates every other policy renewal by requesting rates from direct car insurance companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The list below is a recap of the ideas that were covered above.

  • Teenagers are charged the highest rates, with premiums being up to $410 each month if they have full coverage
  • Higher risk drivers that have major violations or accidents may pay on average $1,510 more every year for car insurance
  • Increasing comprehensive and collision deductibles could save up to $475 each year
  • You may be able to save up to $150 per year just by quoting online in advance

Whether you are buying 2020 Tacoma insurance or insurance for a used Toyota Tacoma, remember that shopping for insurance quotes will help you save. Use our free tool below to find the best Tacoma insurance costs in your area.

Free Car Insurance Comparison

Compare Quotes From Top Companies and Save

secured lock Secured with SHA-256 Encryption

What are the safety ratings of the Toyota Tacoma?

Not only do good safety features and ratings help keep you safe, but they will also help lower your car insurance rates. The Toyota Tacoma has some great safety features. In addition to a multiple airbag system, it has brake assist, traction control, lane departure warning, and more.

The 2020 Toyota Tacoma’s safety ratings from the Insurance Institute of Highway Safety (IIHS) are also good. Take a look at the ratings for various IIHS crash tests below.

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

Good is the best rating from the IIHS, so most insurers should provide a small discount for the Toyota Tacoma’s safety features and ratings. If you would like to see how the IIHS tests vehicles, watch the video below to see what these ratings are based on.

Toyota Tacoma Compared Against Other Vehicles in the Same Class

The Toyota Tacoma is a small pickup. The IIHS has rated the Toyota Tacoma’s bodily injury and property damage liability losses as average, which means the Toyota Tacoma’s liability rates should be normal.

To see how the Toyota Tacoma’s insurance rates compare to other small pickups’ insurance rates, take a look at the list of vehicles below.

Are you ready to start shopping for Toyota Tacoma insurance rates? Enter your ZIP code in our free rate comparison tool.

References:

  1. https://www.iihs.org/ratings/vehicle/Toyota/tacoma-extended-cab-pickup/2020

Rates by Driver Age

Toyota Tacoma Insurance Rates by Driver Age
Driver Age Premium
16 $4,922
20 $2,984
30 $1,344
40 $1,296
50 $1,186
60 $1,162

Full coverage, $500 deductibles

Rates by Deductible

Toyota Tacoma Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,608
$250 $1,464
$500 $1,296
$1,000 $1,136

Full coverage, driver age 40

Rates by Liability Limit

Toyota Tacoma Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,296
50/100 $1,434
100/300 $1,542
250/500 $1,821
100 CSL $1,477
300 CSL $1,714
500 CSL $1,886

Full coverage, driver age 40

Rates for High Risk Drivers

Toyota Tacoma Insurance Rates for High Risk Drivers
Age Premium
16 $7,000
20 $4,750
30 $2,854
40 $2,802
50 $2,674
60 $2,650

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $179

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $68
Multi-vehicle $68
Homeowner $20
5-yr Accident Free $92
5-yr Claim Free $83
Paid in Full/EFT $56
Advance Quote $62
Online Quote $91
Total Discounts $540
Rate after discounts $756

Discounts are estimated and may not be available from every company or in every state.

Compare Rates and Save

Find companies with the cheapest rates in your area

Free Auto Insurance Comparison

Enter your zip code below to view companies that have cheap auto insurance rates.

secured lock Secured with SHA-256 Encryption

You May Also Enjoy These Articles