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Toyota Tacoma Insurance Cost Estimate [Rates + Coverage Guide]

Average Toyota Tacoma auto insurance rates cost $1,338 a year, or around $112 a month. Mature drivers with good driving records may find rates as low as $786 a year.

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Eric Stauffer is a former insurance agent and banker turned consumer advocate. His priority is to help educate individuals and families about the different types of insurance they need, and assist them in finding the best...

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UPDATED: Jun 18, 2020

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Key takeaways:

  • Full coverage costs around $1,338 a year or $112 each month
  • A liability-only policy costs around $536 a year or $45 each month
  • Highest rates are for teenage drivers at around $4,890 a year or $408 each month
  • Good drivers can save as much as $552 a year by earning policy discounts
  • Toyota Tacoma insurance costs around $181 less per year than the average vehicle

Toyota Tacoma insurance rates are about $181 less per year than the average vehicle in the U.S. Full coverage averages around $1,338 a year or $112 a month, but older Tacomas may get away with liability-only, which averages about $536 a year or $45 a month. Good drivers can save up to $552 a year for remaining claim-free. Let’s look at Toyota Tacoma insurance rates, crash test ratings, and more.

You can start comparing quotes for Toyota Tacoma car insurance rates from some of the best car insurance companies by using our free online tool now.

Toyota Tacoma Insurance Cost

The average Toyota Tacoma auto insurance rates are $1,338 a year or $112 a month.

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Are Toyota Tacomas Expensive to Insure?

The chart below details how Toyota Tacoma insurance rates compare to other trucks like the Chevrolet Silverado, Chevrolet Colorado, and Dodge Ram.

Vehicle Comprehensive Collision Liability Total
Toyota Tacoma $308 $500 $372 $1,338
Chevrolet Silverado $322 $562 $420 $1,484
Chevrolet Colorado $254 $438 $372 $1,222
Dodge Ram $362 $562 $420 $1,524
GMC Sierra 2500HD $336 $656 $420 $1,592
Ford F-150 $322 $470 $372 $1,322
Nissan Frontier $294 $500 $420 $1,394

However, there are a few things you can do to find the cheapest Toyota insurance rates online.

What Impacts the Cost of Toyota Tacoma Insurance?

Even though the average annual rate for the Toyota Tacoma is $1,338, your policy can be higher or lower depending upon your profile. Those factors include your age, home address, driving history, and the model year of your Toyota Tacoma.

Age of the Vehicle

Older Toyota Tacoma models generally cost less to insure. For example, car insurance rates for a 2020 Toyota Tacoma are $1,338, while 2010 Toyota Tacoma rates are $1,112, a difference of $226.

Model Year Comprehensive Collision Liability Total
2020 Toyota Tacoma $308 $500 $372 $1,338
2019 Toyota Tacoma $294 $482 $390 $1,324
2018 Toyota Tacoma $282 $478 $398 $1,316
2017 Toyota Tacoma $272 $466 $416 $1,312
2016 Toyota Tacoma $262 $446 $430 $1,296
2015 Toyota Tacoma $248 $430 $442 $1,278
2014 Toyota Tacoma $238 $400 $452 $1,248
2013 Toyota Tacoma $230 $376 $456 $1,220
2012 Toyota Tacoma $220 $338 $460 $1,176
2011 Toyota Tacoma $206 $310 $460 $1,134
2010 Toyota Tacoma $198 $292 $464 $1,112

Driver Age

Driver age can have a significant impact on Toyota Tacoma auto insurance rates. For instance, a 30-year-old driver may pay $59 more each year for Toyota Tacoma auto insurance than a 40-year-old driver.

Driver Location

Where you live can have a large impact on Toyota Tacoma insurance rates. For example, drivers in Phoenix may pay $736 a year less than drivers in Los Angeles.

Your Driving Record

Your driving record can have an impact on the cost of Toyota Tacoma auto insurance. Teens and drivers in their 20’s see the highest jump in their Toyota Tacoma car insurance with violations on their driving record.

Toyota Tacoma Safety Ratings

The Toyota Tacoma’s safety ratings will affect your Toyota Tacoma auto insurance rates. See the chart below:

Test Type Rating
Small overlap front: driver-side Good
Small overlap front: passenger-side Acceptable
Moderate overlap front Good
Side Good
Roof strength Good
Head restraints and seats Good
Source: Insurance Institute for Highway Safety

Toyota Tacoma Crash Test Ratings

Good Toyota Tacoma crash test ratings mean the VW is safer, which could mean cheaper Toyota Tacoma car insurance rates.

Vehicle Tested Overall Frontal Side Rollover
2019 Toyota Tacoma PU/EC 4WD N/R N/R N/R 4 stars
2019 Toyota Tacoma PU/EC 2WD N/R N/R N/R 4 stars
2019 Toyota Tacoma PU/CC 4WD 4 stars 4 stars 5 stars 4 stars
2019 Toyota Tacoma PU/CC 2WD 4 stars 4 stars 5 stars 4 stars
2018 Toyota Tacoma PU/EC 4WD N/R N/R N/R 4 stars
2018 Toyota Tacoma PU/EC 2WD N/R N/R N/R 4 stars
2018 Toyota Tacoma PU/CC 4WD 4 stars 4 stars 5 stars 4 stars
2018 Toyota Tacoma PU/CC 2WD 4 stars 4 stars 5 stars 4 stars
2017 Toyota Tacoma PU/EC 4WD N/R N/R N/R 4 stars
2017 Toyota Tacoma PU/EC 2WD N/R N/R N/R 4 stars
2017 Toyota Tacoma PU/CC 4WD 4 stars 4 stars 5 stars 4 stars
2017 Toyota Tacoma PU/CC 2WD 4 stars 4 stars 5 stars 4 stars
2016 Toyota Tacoma PU/EC 4WD N/R N/R N/R 4 stars
2016 Toyota Tacoma PU/EC 2WD N/R N/R N/R 4 stars
2016 Toyota Tacoma PU/CC 4WD 4 stars 4 stars 5 stars 4 stars
2016 Toyota Tacoma PU/CC 2WD 4 stars 4 stars 5 stars 4 stars
1-5 Star Rating Scale, N/R = No Rating | Source: National Highway Traffic Safety Administration

Toyota Tacoma Safety Features

Having a variety of safety features on your Toyota Tacoma can help lower your insurance costs. According to U.S. News, the 2020 Toyota Tacoma’s safety features include:

  • Driver Air Bag
  • Passenger Air Bag On/Off Switch
  • Passenger Air Bag
  • Front Head Air Bag
  • Rear Head Air Bag
  • Front Side Air Bag
  • 4-Wheel ABS
  • Front Disc/Rear Drum Brakes
  • Brake Assist
  • Electronic Stability Control
  • Daytime Running Lights
  • Front Tow Hooks
  • Traction Control
  • Lane Departure Warning

Toyota Tacoma Insurance Loss Probability

The Toyota Tacoma’s insurance loss probability varies for each form of coverage. The lower percentage means lower Toyota Tacoma auto insurance rates; higher percentages mean higher Toyota Tacoma car insurance rates.

Insurance Coverage Category Loss Rate
Collision -21%
Property Damage 9%
Comprehensive -30%
Personal Injury -23%
Medical Payment -24%
Bodily Injury -8%
Source: Insurance Institute for Highway Safety

Toyota Tacoma Finance and Insurance Cost

If you are financing a Toyota Tacoma, most lenders will require your carry higher Toyota Tacoma coverage options including comprehensive coverage, so be sure to shop around and compare Toyota Tacoma car insurance quotes from the best companies using our FREE tool below.

Enter your zip code below to view companies that have cheap auto insurance rates.

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Ways to Save on Toyota Tacoma Insurance

If you want to reduce the cost of your Toyota Tacoma insurance rates, follow these tips below:

  • Tell Your Insurer About Different Drivers or Uses for Your Toyota Tacoma
  • Install an Aftermarket Anti-Theft Device for Your Toyota Tacoma
  • Ask About Mature Driver Discounts for Drivers Over 50
  • Tell Your Insurer How You Use Your Toyota Tacoma
  • Ask for a Toyota Tacoma Discount If You Have College Degree or Higher

Top Toyota Tacoma Insurance Companies

Who is the top auto insurance company for Toyota Tacoma insurance rates? While the actual rates you pay will depend on many factors, here are some of the top companies offering Toyota Tacoma auto insurance coverage (ordered by market share). Many of these companies offer discounts for security systems and other safety features that the Toyota Tacoma offers.

Rank Company Volume Market Share
1 State Farm $65,615,190 9.3%
2 GEICO 46,106,971 6.6
3 Progressive 39,222,879 5.6
4 Liberty Mutual 35,600,051 5.1
5 Allstate 35,025,903 5.0
6 Travelers 28,016,966 4.0
7 USAA 23,483,080 3.3
8 Chubb 23,388,385 3.3
9 Farmers 20,643,559 2.9
10 Nationwide 18,442,145 2.6
Source: Insurance Information Institute

Compare Free Toyota Tacoma Insurance Quotes Online

You can start comparing quotes for Toyota Tacoma insurance from some of the top car insurance companies by using our free online tool today.

About Eric Stauffer

Author: Eric StaufferI am a former insurance agent and banker turned consumer advocate. My priority is to help educate individuals and families about the different types of insurance they need, and assist them in finding the best place to get it.

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