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 insurance rates for a Toyota Yaris are $1,198 a year with full coverage. Comprehensive insurance costs approximately $208 a year, collision costs $376, and liability costs $456. Buying just liability costs as little as $508 a year, with insurance for high-risk drivers costing $2,604 or more. Teens receive the highest rates at $4,690 a year or more.

Average premium for full coverage: $1,198

Rate estimates by individual coverage type:

Includes $500 deductible amounts, 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

Your location can have significant affects on the price of insurance. Rural locations tend to have lower incidents of collision claims than cities with more traffic congestion.

The diagram below illustrates how geographic area affects auto insurance prices.

These examples demonstrate why it is important to compare rates using their specific location, instead of using averaged prices.

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

Detailed Rate Analysis

The chart below details estimated Toyota Yaris insurance rates for additional coverage and risk scenarios.

• The cheapest rate after discounts is $702
• Drivers who choose higher $1,000 deductibles will pay $1,066 annually
• The estimated price for a 40-year-old driver who chooses $500 deductibles is $1,198
• Selecting low $100 deductibles for comprehensive and collision insurance will cost an additional $260 every year
• Higher-risk drivers with serious driving violations could pay around $2,604 or more
• The cost that insures a teen driver can cost $4,690 a year

View Chart as Image

Auto insurance rates for a Toyota Yaris can also vary considerably based on the trim level of your Yaris, your age and driving habits, and physical damage deductibles and liability limits.

If you like to drive fast or you caused an accident, you may be forking out anywhere from $1,400 to $2,000 in extra premium per year, depending on your age. A high-risk auto insurance policy can cost as much as 43% to 130% more than the average policy. View High Risk Driver Rates

Older drivers with a good driving record and higher comprehensive and collision deductibles may pay as little as $1,100 per year on average for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records will have to pay in the ballpark of $4,600 a year. View Rates by Age

Where you live makes a big difference in Toyota Yaris insurance prices. A 40-year-old driver could pay as low as $860 a year in states like Utah, Ohio, and New Hampshire, or have to pay at least $1,620 on average in New York, Michigan, and Florida.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could save up to $400 every year, while buying higher liability limits will push rates upward. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $411 extra every year. View Rates by Deductible or Liability Limit

With so much variability in rates, the best way to find out who has the cheapest auto insurance rates is to get quotes and see which company has the best rate. Every company calculates rates differently, and quoted rates can be significantly different.

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 Find the Cheapest Toyota Yaris Insurance

Saving money on car insurance not only requires having a good driving record, but also maintaining a good credit score, eliminating unnecessary coverage, and not having any coverage lapses. Compare rates every couple of years by obtaining price quotes from direct companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.

The next list is a recap of the material that was presented in the illustrations above.

• Policyholders who purchase increased levels of liability coverage will pay approximately $500 every year to go from a minimum limit to the 250/500 level
• Drivers age 20 and younger have the highest car insurance rates, with premiums as much as $391 per month if the policy includes full coverage
• Higher risk drivers that have major violations or accidents may have to pay on average $1,410 more per year to buy Toyota Yaris insurance
• Increasing deductibles can save approximately $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.