Toyota Tacoma Insurance Rates

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UPDATED: Apr 28, 2024

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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.

Estimated insurance rates for a Toyota Tacoma are $1,316 a year for full coverage. Comprehensive insurance costs on average $282 a year, collision insurance costs $478, and liability insurance costs around $398. A liability-only policy costs as low as $460 a year, and high-risk insurance costs $2,836 or more. Teen drivers pay the most at up to $4,924 a year.

Average premium for full coverage: $1,316

Premium estimates by type of coverage:

Comprehensive $282
Collision $478
Liability $398

Rates are based on $500 comprehensive and collision deductibles, 30/60 liability coverage, and includes medical/PIP and uninsured motorist coverage. Rates include averaging for all states and Tacoma trim levels.

Insurance Price Range by Risk and Coverage

For a 40-year-old driver, insurance rates for a Toyota Tacoma range from the low end price of $460 for liability-only coverage to a high of $2,836 for a policy for a high-risk driver.

Liability Only $460
Full Coverage $1,316
High Risk $2,836

Insurance Price Range by Location

Where you live has a significant impact on car insurance rates. Rural areas are statistically proven to have lower incidents of accident claims than larger metro areas. The diagram below illustrates how your location can change car insurance rates.

Rural Areas $987
Small Cities $1,382
Large Cities $1,777

These rate differences show why it is important to compare prices based on a specific location, rather than relying on price 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.

Additional Charts and Tables

The chart below shows average Toyota Tacoma insurance rates for different risk profiles and scenarios.

  • The lowest rate with discounts is $765
  • Using higher $1,000 deductibles will save around $1,142 a year
  • The estimated price for a 40-year-old good driver with $500 deductibles is $1,316
  • Choosing low $100 deductibles for physical damage coverage will cost an additional $332 a year
  • Drivers with multiple violations and an at-fault accident could pay upwards of $2,836
  • An auto insurance policy that insures a teen driver may cost $4,924 or more

View Chart as Image

Toyota Tacoma insurance cost comparison chart
Column chart showing Toyota Tacoma insurance prices range from $765 to $4,924 for full coverage

Auto insurance prices for a Toyota Tacoma also have a wide range based on the trim level of your Tacoma, how you drive, and policy deductibles and limits.

If you have a few violations or you caused an accident, you could be paying at a minimum $1,600 to $2,100 in extra premium annually, depending on your age. A high-risk auto insurance policy can be anywhere from 43% to 136% more than average. View High Risk Driver Rates

Older drivers with a good driving record and higher comprehensive and collision deductibles could pay as little as $1,200 a year, or $100 per month, for full coverage. Prices are highest for drivers in their teens, since even teens with perfect driving records will have to pay upwards of $4,900 a year. View Rates by Age

Where you choose to live has a huge impact on Toyota Tacoma insurance rates. A driver around age 40 might see prices as low as $870 a year in states like Idaho, Maine, and Iowa, or as much as $1,880 on average in Michigan, Louisiana, and New York.

Toyota Tacoma Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,190 -$126 -9.6%
Alaska $1,010 -$306 -23.3%
Arizona $1,092 -$224 -17.0%
Arkansas $1,316 -$0 0.0%
California $1,500 $184 14.0%
Colorado $1,256 -$60 -4.6%
Connecticut $1,354 $38 2.9%
Delaware $1,488 $172 13.1%
Florida $1,646 $330 25.1%
Georgia $1,214 -$102 -7.8%
Hawaii $944 -$372 -28.3%
Idaho $890 -$426 -32.4%
Illinois $982 -$334 -25.4%
Indiana $990 -$326 -24.8%
Iowa $888 -$428 -32.5%
Kansas $1,252 -$64 -4.9%
Kentucky $1,796 $480 36.5%
Louisiana $1,946 $630 47.9%
Maine $812 -$504 -38.3%
Maryland $1,084 -$232 -17.6%
Massachusetts $1,054 -$262 -19.9%
Michigan $2,286 $970 73.7%
Minnesota $1,102 -$214 -16.3%
Mississippi $1,578 $262 19.9%
Missouri $1,168 -$148 -11.2%
Montana $1,412 $96 7.3%
Nebraska $1,038 -$278 -21.1%
Nevada $1,578 $262 19.9%
New Hampshire $948 -$368 -28.0%
New Jersey $1,472 $156 11.9%
New Mexico $1,166 -$150 -11.4%
New York $1,386 $70 5.3%
North Carolina $758 -$558 -42.4%
North Dakota $1,076 -$240 -18.2%
Ohio $910 -$406 -30.9%
Oklahoma $1,352 $36 2.7%
Oregon $1,206 -$110 -8.4%
Pennsylvania $1,256 -$60 -4.6%
Rhode Island $1,756 $440 33.4%
South Carolina $1,194 -$122 -9.3%
South Dakota $1,110 -$206 -15.7%
Tennessee $1,152 -$164 -12.5%
Texas $1,586 $270 20.5%
Utah $974 -$342 -26.0%
Vermont $900 -$416 -31.6%
Virginia $786 -$530 -40.3%
Washington $1,018 -$298 -22.6%
West Virginia $1,206 -$110 -8.4%
Wisconsin $910 -$406 -30.9%
Wyoming $1,170 -$146 -11.1%

View Chart as Image

Toyota Tacoma insurance rates by U.S. city

Choosing high deductibles could cut prices by as much as $510 each year, while buying higher liability limits will cost you more. Going from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $358 extra every year. View Rates by Deductible or Liability Limit

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 $1,278 $107
Toyota Tacoma 4WD $1,244 $104
Toyota Tacoma Double Cab 4WD $1,286 $107
Toyota Tacoma X-Runner 2WD $1,404 $117
Toyota Tacoma Double Cab 4WD $1,328 $111
Toyota Tacoma Double Cab TRD Off-Road Package 4WD $1,368 $114
Toyota Tacoma Double Cab TRD Sport Package 4WD $1,368 $114

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.

Toyota Tacoma Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2024 Toyota Tacoma $294 $482 $390 $1,324
2023 Toyota Tacoma $282 $478 $398 $1,316
2022 Toyota Tacoma $272 $466 $416 $1,312
2021 Toyota Tacoma $262 $446 $430 $1,296
2020 Toyota Tacoma $248 $430 $442 $1,278
2019 Toyota Tacoma $238 $400 $452 $1,248
2018 Toyota Tacoma $230 $376 $456 $1,220
2017 Toyota Tacoma $220 $338 $460 $1,176
2016 Toyota Tacoma $206 $310 $460 $1,134
2015 Toyota Tacoma $198 $292 $464 $1,112
2014 Toyota Tacoma $194 $272 $474 $1,098
2013 Toyota Tacoma $180 $252 $474 $1,064
2012 Toyota Tacoma $174 $228 $478 $1,038
2010 Toyota Tacoma $152 $190 $474 $974
2009 Toyota Tacoma $148 $170 $468 $944
2008 Toyota Tacoma $146 $166 $460 $930
2007 Toyota Tacoma $144 $160 $452 $914
2006 Toyota Tacoma $132 $152 $446 $888
2005 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 Find the Best Cheap Toyota Tacoma Insurance

Finding better rates on Toyota Tacoma insurance requires having a decent driving record, maintaining a good credit score, not filing small claims, and deciding if full coverage is necessary. Shop around every year by quoting rates from direct carriers, and also from local exclusive and independent agents.

The following items are a quick review of the coverage data illustrated above.

  • Drivers can save as much as $160 per year just by quoting early and online
  • Increasing policy deductibles can save approximately $500 each year
  • 16 to 18-year-old drivers are charged the highest prices, as much as $410 per month if the policy includes full coverage
  • High-risk drivers with a DUI or reckless driving violation may pay on average $1,520 more each year than a driver with a clean driving record

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.

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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 $4,924
20 $3,024
30 $1,370
40 $1,316
50 $1,202
60 $1,178

Full coverage, $500 deductibles

Rates by Deductible

Toyota Tacoma Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,648
$250 $1,494
$500 $1,316
$1,000 $1,142

Full coverage, driver age 40

Rates by Liability Limit

Toyota Tacoma Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,316
50/100 $1,448
100/300 $1,547
250/500 $1,806
100 CSL $1,487
300 CSL $1,706
500 CSL $1,866

Full coverage, driver age 40

Rates for High Risk Drivers

Toyota Tacoma Insurance Rates for High Risk Drivers
Age Premium
16 $7,012
20 $4,806
30 $2,894
40 $2,836
50 $2,706
60 $2,682

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 $180

Potential Rate Discounts

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

Discount Savings
Multi-policy $69
Multi-vehicle $68
Homeowner $20
5-yr Accident Free $94
5-yr Claim Free $84
Paid in Full/EFT $59
Advance Quote $64
Online Quote $93
Total Discounts $551
Rate after discounts $765

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

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