Toyota Matrix 2WD Insurance Rates

Estimated insurance rates for a Toyota Matrix 2WD are $1,256 a year with full coverage. Comprehensive insurance costs approximately $258, collision insurance costs $476, and liability coverage costs $364. A liability-only policy costs as little as $430 a year, and high-risk insurance costs $2,712 or more. Teenage drivers pay the most at up to $4,718 a year.

Annual premium for full coverage: $1,256

Premium estimates by type of insurance:

40-year-old driver, full coverage with $500 deductibles, and good driving record

Price Range for Insurance for this Toyota Matrix Trim Level

These rate differences demonstrate why anyone shopping for car insurance should compare rates using their specific location, rather than using average rates.

Use the form below to get rates for your location.

Auto insurance rates for a Toyota Matrix 2WD also have a wide range based on the model year, your age and driving habits, and physical damage deductibles and liability limits.

If you have a few violations or you caused an accident, you may be forking out anywhere from $1,500 to $2,000 in extra premium annually, depending on your age. High-risk driver insurance can cost around 42% to 133% more than a normal policy. View High Risk Driver Rates

An older driver with a good driving record and higher comprehensive and collision deductibles may only pay around $1,200 per year on average, or $100 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records will have to pay in the ballpark of $4,700 a year. View Rates by Age

Where you choose to live makes a big difference in Toyota Matrix 2WD insurance rates. A 40-year-old driver could pay as low as $970 a year in states like Vermont, Ohio, and Indiana, or be forced to pay as much as $1,790 on average in Montana, Michigan, and New Jersey. Rates by state and city are shown later in the article.

Using high physical damage deductibles could save up to $490 a year, while increasing your policy's liability limits will push prices upward. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $327 extra every year. View Rates by Deductible or Liability Limit

With such a large range of prices, the best way to find out which insurance company is cheapest is to compare prices and see how they stack up. Every company uses a different method to calculate prices, and quoted rates will be substantially different.

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The chart above shows Toyota Matrix 2WD insurance prices for various risks and coverage choices. The cheapest price with discounts is $730. Drivers who use higher $1,000 deductibles will pay $1,090. The average price for a middle-aged driver with a clean driving record using $500 deductibles is $1,256. Using more expensive $100 deductibles for comp and collision coverage can cost as much as $1,580. Drivers with multiple violations and accidents could be charged up to $2,712. The price for full coverage for a teenager is $4,718.

View Chart as Image