Toyota Yaris Insurance Rates

Is the Toyota Yaris expensive to insure? The average Toyota Yaris insurance rates are $109 per month or $1,310 annually. However, you might receive a cheaper insurance quote for a Toyota Yaris if you comparison shop for cheap car insurance. 

Read through our comprehensive guide to learn how car insurance rates are calculated so you can get the lowest Toyota Yaris insurance costs. 

When you’re ready to shop for cheap Toyota Yaris car insurance rates, just enter your five-digit ZIP code into our FREE quote comparison tool to get started.

Average auto insurance rates for a Toyota Yaris are $1,198 annually with full coverage. Comprehensive insurance costs an estimated $208 a year, collision costs $376, and liability is estimated at $456. A liability-only policy costs approximately $508 a year, with high-risk insurance costing $2,604 or more. Teen drivers receive the highest rates at $4,690 a year or more.

Average premium for full coverage: $1,198

Rate estimates broken down by individual coverage type:

Prices include $500 comprehensive and collision deductibles, minimum liability limits, and includes medical and uninsured motorist coverage. Rates are averaged for all U.S. states and Yaris trim levels.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can make a big difference on car insurance rates. More rural locations tend to have fewer collision claims than larger metro areas.

The diagram below illustrates how geographic area affects insurance prices.

These examples demonstrate why it is important to get quotes for a targeted area and their own personal driving habits, instead of making a decision based on price averages.

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

Detailed Rate Analysis

The chart below details estimated Toyota Yaris insurance rates for other coverage scenarios.

• The lowest rate with discounts is $702
• Choosing higher $1,000 deductibles can save approximately $1,066 annually
• The estimated rate for a 40-year-old driver who has $500 deductibles is $1,198
• Choosing low $100 deductibles for comp and collision coverage costs an additional $260 annually
• Higher-risk drivers with multiple violations and an at-fault accident could pay up to $2,604 or more
• The cost with full coverage for a 16-year-old driver can cost as much as $4,690 each year

View Chart as Image

Insurance rates for a Toyota Yaris can also vary considerably based on the trim level of your Yaris, your driving record, and liability limits and deductibles.

Older drivers with a clean driving record and high physical damage deductibles may pay as low as $1,100 annually on average for full coverage. Rates are highest for teen drivers, where even without any violations or accidents they can expect to pay at least $4,600 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you may be forking out $1,400 to $2,000 extra per year, depending on your age. A high-risk auto insurance policy ranges from 43% to 130% more than average. View High Risk Driver Rates

Choosing high deductibles can save as much as $400 annually, while buying higher liability limits will increase premiums. Moving from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $411 more per year. View Rates by Deductible or Liability Limit

Where you live plays a big part in determining prices for Toyota Yaris insurance prices. A good driver about age 40 could pay as low as $860 a year in states like Utah, Ohio, and New Hampshire, or as much as $1,620 on average in New York, Michigan, and Florida.

View Chart as Image

With so much variability in rates, the best way to find out which company is cheapest is to get quotes from multiple companies. Each auto insurer uses a different rate calculation, so the rates can be significantly different between companies.

Insurance Rates by Trim Level and Model Year

Rates assume 2018 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 Buy the Right Toyota Yaris Insurance

Saving money on insurance for a Toyota Yaris takes avoiding accidents and violations, having a good credit history, eliminating unnecessary coverage, and taking advantage of discounts. Invest the time to compare rates every couple of years by quoting rates from direct companies like Progressive and GEICO, and also from several local insurance agents.

The list below is a quick rundown of the material that was presented in the illustrations above.

• Insureds who want higher liability limits will pay about $500 every year to raise limits from a minimum limit to higher 250/500 limits
• Teenagers are charged the highest rates, with premiums as much as $391 per month including comprehensive and collision insurance
• Drivers considered higher risk with reckless driving or DUI convictions pay on average $1,410 more annually for car insurance
• Increasing deductibles could save up to $400 each year

As you’ve learned from the information above, many factors impact your car insurance rates, like the age of your Yaris model. For example, the 2007 Toyota Yaris insurance costs will be much lower than the 2019 Toyota Yaris insurance averages. 

To get cheap Yaris car insurance, just enter your ZIP code into our FREE quote comparison tool below. 

What are the safety ratings for the Toyota Yaris?

Understanding the Toyota Yaris safety ratings can help you discover car insurance discounts you might qualify for, or expose areas where your vehicle may be increasing your rates. 

Check out the 2020 Toyota Yaris Hatchback safety ratings below.

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

A rating of ‘Good’ is the best score given by the Insurance Institute for Highway Safety. Unfortunately, the headlights received a ‘Poor’ rating. However, these great ratings will be reflected in your car insurance rates.

Toyota Yaris Compared Against Other Vehicles in the Same Class

Comparing the Toyota Yaris to similar vehicles can help you save money, especially if the Toyota Yaris has better loss ratios than other vehicles in its class.

Officially, the Insurance Institute for Highway Safety classifies it as a mini four-door car.

Is the Toyota Yaris good compared to other similar cars? See other comparable mini four-door cars below.

• Chevrolet Spark
• Ford Fiesta
• MINI Cooper

The collision, property damage, and comprehensive insurance loss ratios are all average for the Toyota Yaris, at -17 percent, -11 percent, and -19 percent respectively. Overall, these numbers are not bad, but not great either.

Many drivers want to know what is the cheapest car to insure, but your rates have more to do with you than the car you drive. High-risk drivers with rock driving records will still receive higher than average rates even if they buy the cheapest cars to insure. 

However, specialty vehicles, like sports cars or extreme luxury vehicles, do cost more to insure. Therefore, purchasing a reliable, safe, and affordable economy sedan can help lower your average premiums. 

You’re now an expert on securing the lowest Toyota Yaris insurance rates. When you’re ready to find your lowest Toyota Yaris costs for insurance, just enter your ZIP code into our FREE quote comparison tool and start shopping.