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 2, 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 insurance rates for a Toyota Tacoma are $1,324 a year with full coverage. Comprehensive costs around $294, collision costs $482, and liability insurance costs $390. A liability-only policy costs as little as $452 a year, with high-risk insurance costing around $2,844. Teen drivers cost the most to insure at $4,916 a year or more.

Average premium for full coverage: $1,324

Policy rates for type of insurance:

Comprehensive $294
Collision $482
Liability $390

Rates are based on $500 policy deductibles, liability coverage up to 30/60, and includes UM/UIM and medical coverage. Prices are averaged for all U.S. states and for all Tacoma models.

Price Range Variability

Using a 40-year-old driver as an example, Toyota Tacoma insurance rates go from as low as $452 for a discount liability-only rate to the much higher price of $2,844 for a high-risk driver policy.

Liability Only $452
Full Coverage $1,324
High Risk $2,844

Urban vs. Rural Price Range

Your location has a significant impact on insurance rates. Areas with sparse population are shown to have a lower frequency of collision claims than larger metro areas.

The example below illustrates how rural and urban location affects auto insurance rates.

Rural Areas $993
Small Cities $1,390
Large Cities $1,787

The examples above demonstrate why everyone should compare rates for a specific zip code and risk profile, 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.

Rates by State, City, and Model

The chart below details estimated Toyota Tacoma insurance rates for additional coverage choices and driver risks.

  • The lowest rate with discounts is $772
  • Drivers who choose higher $1,000 deductibles will pay about $176 annually
  • The average rate for a good driver age 40 using $500 deductibles is $1,324
  • Choosing pricier low deductibles for comprehensive and collision insurance will increase the cost to $1,662
  • High risk drivers with multiple violations and an at-fault accident could pay at least $2,844 or more
  • Policy cost for full coverage for a teen driver for full coverage can be $4,916 a year

View Chart as Image

Toyota Tacoma insurance cost comparison chart
Column chart showing full coverage Toyota Tacoma insurance rates range from $772 to $4,916

Car insurance rates for a Toyota Tacoma also range considerably based on your risk profile, the trim level and model year, and deductibles and policy limits.

A more mature driver with no driving violations and high deductibles could pay as little as $1,200 per year on average, or $100 per month, for full coverage. Rates are highest for teenagers, where even good drivers will be charged as much as $4,900 a year. View Rates by Age

Your home state makes a big difference in Toyota Tacoma insurance rates. A 40-year-old driver could pay as low as $950 a year in states like New Hampshire, Ohio, and Utah, or as much as $1,790 on average in Florida, Michigan, and New York.

Toyota Tacoma Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,196 -$128 -9.7%
Alaska $1,014 -$310 -23.4%
Arizona $1,100 -$224 -16.9%
Arkansas $1,324 -$0 0.0%
California $1,506 $182 13.7%
Colorado $1,264 -$60 -4.5%
Connecticut $1,360 $36 2.7%
Delaware $1,498 $174 13.1%
Florida $1,656 $332 25.1%
Georgia $1,222 -$102 -7.7%
Hawaii $950 -$374 -28.2%
Idaho $894 -$430 -32.5%
Illinois $984 -$340 -25.7%
Indiana $996 -$328 -24.8%
Iowa $892 -$432 -32.6%
Kansas $1,256 -$68 -5.1%
Kentucky $1,804 $480 36.3%
Louisiana $1,958 $634 47.9%
Maine $816 -$508 -38.4%
Maryland $1,090 -$234 -17.7%
Massachusetts $1,058 -$266 -20.1%
Michigan $2,300 $976 73.7%
Minnesota $1,106 -$218 -16.5%
Mississippi $1,584 $260 19.6%
Missouri $1,174 -$150 -11.3%
Montana $1,422 $98 7.4%
Nebraska $1,046 -$278 -21.0%
Nevada $1,586 $262 19.8%
New Hampshire $952 -$372 -28.1%
New Jersey $1,480 $156 11.8%
New Mexico $1,172 -$152 -11.5%
New York $1,394 $70 5.3%
North Carolina $760 -$564 -42.6%
North Dakota $1,084 -$240 -18.1%
Ohio $914 -$410 -31.0%
Oklahoma $1,360 $36 2.7%
Oregon $1,212 -$112 -8.5%
Pennsylvania $1,262 -$62 -4.7%
Rhode Island $1,766 $442 33.4%
South Carolina $1,200 -$124 -9.4%
South Dakota $1,116 -$208 -15.7%
Tennessee $1,160 -$164 -12.4%
Texas $1,596 $272 20.5%
Utah $980 -$344 -26.0%
Vermont $904 -$420 -31.7%
Virginia $792 -$532 -40.2%
Washington $1,022 -$302 -22.8%
West Virginia $1,214 -$110 -8.3%
Wisconsin $916 -$408 -30.8%
Wyoming $1,180 -$144 -10.9%

View Chart as Image

Toyota Tacoma insurance rates by U.S. city

Choosing high deductibles could save up to $520 each year, whereas buying more liability protection will increase rates. Moving from a 50/100 limit to a 250/500 limit will raise rates by up to $351 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you may be forking out at least $1,600 to $2,100 extra every year, depending on your age. Toyota Tacoma insurance for high-risk drivers can cost anywhere from 43% to 135% more than average. View High Risk Driver Rates

Because rates have so much variability, the best way to find out your exact price is to regularly compare rates from as many companies as possible. Every company uses a different rate calculation, so rate quotes will be varied from one company to the next.

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 $1,284 $107
Toyota Tacoma 4WD $1,250 $104
Toyota Tacoma Double Cab 4WD $1,294 $108
Toyota Tacoma X-Runner 2WD $1,412 $118
Toyota Tacoma Double Cab 4WD $1,336 $111
Toyota Tacoma Double Cab TRD Off-Road Package 4WD $1,380 $115
Toyota Tacoma Double Cab TRD Sport Package 4WD $1,380 $115

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 $308 $500 $372 $1,338
2023 Toyota Tacoma $294 $482 $390 $1,324
2022 Toyota Tacoma $282 $478 $398 $1,316
2021 Toyota Tacoma $272 $466 $416 $1,312
2020 Toyota Tacoma $262 $446 $430 $1,296
2019 Toyota Tacoma $248 $430 $442 $1,278
2018 Toyota Tacoma $238 $400 $452 $1,248
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 Find the Best Cheap Toyota Tacoma Insurance

Finding cheaper rates on Toyota Tacoma insurance not only requires being safe and accident-free, but also having above-average credit, not filing small claims, and qualifying for all possible discounts. Set aside time to shop around every time your policy renews by getting rate quotes from direct companies like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

Below you'll find a quick review of the information raised in the charts and tables above.

  • You may be able to save up to $160 per year simply by quoting online well ahead of the renewal date
  • Youthful drivers are the costliest to insure, as much as $410 each month if full coverage is included
  • Increasing comprehensive and collision deductibles can save around $525 each year
  • High-risk drivers with a DUI or reckless driving violation pay an average of $1,520 more every year than a low-risk driver
  • Drivers who may need more liability protection will pay about $430 every year to go from a 30/60 limit to 250/500 limits

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 $4,916
20 $3,030
30 $1,376
40 $1,324
50 $1,208
60 $1,182

Full coverage, $500 deductibles

Rates by Deductible

Toyota Tacoma Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,662
$250 $1,506
$500 $1,324
$1,000 $1,148

Full coverage, driver age 40

Rates by Liability Limit

Toyota Tacoma Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,324
50/100 $1,458
100/300 $1,556
250/500 $1,809
100 CSL $1,497
300 CSL $1,712
500 CSL $1,868

Full coverage, driver age 40

Rates for High Risk Drivers

Toyota Tacoma Insurance Rates for High Risk Drivers
Age Premium
16 $7,002
20 $4,816
30 $2,904
40 $2,844
50 $2,712
60 $2,688

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 $70
Multi-vehicle $68
Homeowner $19
5-yr Accident Free $95
5-yr Claim Free $84
Paid in Full/EFT $59
Advance Quote $64
Online Quote $93
Total Discounts $552
Rate after discounts $772

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