Toyota Car Insurance

Who is Toyota?

Founded in 1937, the Japanese car brand Toyota is the largest manufacturer of cars in the world. Its philosophy is one of continuous improvement on its products (a concept they call kaizen), demonstrated no more clearly than through what's probably the most recognisable hybrid car in the world: the Prius.

Toyota has been widely praised for producing affordable, economical cars that are built to last. In the future, their aim is for all new models to have a hybrid option. They are also the parent company of Lexus.

How Much Does a Toyota Cost to Insure?

There are a number of factors which will impact how much it costs to insure your Toyota. These include which insurance group your vehicle falls into, whether or not you have a no-claims discount and your driving history. Below is a breakdown of the average price you can expect to pay to insure the most popular Toyota models.

How Can I Get Cheaper Toyota Insurance?

To find the best car insurance deal for your Toyota, try the following:

• Upfront payments: Paying for your policy upfront, instead of in monthly instalments, saves you money overall. This is because, unlike with monthly payments, no interest charges are levied when you pay the full premium upfront. 
• Up your excess: You can increase your voluntary excess (the amount you have to pay in the event of a claim) which can help bring down your overall premium. Just be mindful of what you can realistically afford.
• Improve your car's security: Changing where your car is parked or installing anti-theft devices can reduce the cost of your premium.
• Switch providers each year and compare: You'll almost always get a better deal each year if you switch insurers. To get the best deal for your Toyota insurance, it's important to compare quotes from as many providers as possible.
• Additional drivers: Naming another driver (particularly an older, more experienced driver) on your policy can also help to bring the cost of your quote down.

What Factors Influence The Cost of Toyota Car Insurance?

The cost of your insurance premium is influenced by several factors:

• Insurance group: The model and age of your Toyota will influence the cost of your premium. For example, a high-performance model like the Toyota GT86 is likely to have a higher premium cost compared to a Yaris which has a much smaller engine. Likewise, older Toyota models that are worth less than newer cars are also likely to be cheaper to insure.
• Modifications: Toyotas that have been modified with non-factory parts or kits such as a larger exhaust system, changes to the suspension, spoilers or body kits that enhance performance can affect your premiums (often making them more expensive).
• How you use your vehicle: If you use your Toyota for work, commuting or for business purposes then you can expect higher premiums versus drivers who use their vehicle less often.
• Insurance type and level of cover: Whether you're looking for a multi-car policy, fully comprehensive or third-party cover, the type of insurance you require will influence the cost of your premium.
• Driver details: Insurers will also factor in your age, gender and driving history when calculating your premium.
• Safety features: Toyota vehicles are renowned for their safety features, and it's these features that can influence the cost of your premium. The general rule of thumb is the more safety features your car has (including security features that can help deter theft and damage) the greater the chance that your premium will be lower versus a car without such enhancements.