Toyota Tacoma full coverage insurance costs $967 to $5,507 annually. Rates vary based on model year, age, parking location, driving record, coverage level and insurer. MoneyGeek analyzes Toyota Tacoma insurance costs and coverage, highlighting the best and cheapest options.
Toyota Tacoma Insurance Cost
Key Takeaways
GEICO provides the most affordable minimum coverage across all Toyota Tacoma model years, costing $487 annually.
The average annual cost of Toyota Tacoma insurance is $600 for minimum coverage and $1,260 for full coverage.
MoneyGeek analyzed 4,183 Toyota Tacoma quotes using data from Quadrant Information Services, ensuring comprehensive insights into insurance costs.
Toyota Tacoma Insurance Rates
What Is the Average Toyota Tacoma Car Insurance Cost?
Toyota Tacoma full coverage insurance averages $105 per month or $1,260 per year, based on a 40-year-old male driver with a clean record. Minimum coverage costs roughly $50 per month or $600 per year.
| Minimum Coverage | $600 |
| Full Coverage | $1,260 |
Toyota Tacoma Insurance Costs by Company
Toyota Tacoma insurance costs range from $989 to $1,825 per year, depending on age, model year and coverage level. The table below compares average Tacoma insurance rates with the averages for all vehicles from several national and midsize providers.
| Allstate | $1,378 | $1,814 | -24% |
| Auto-Owners | $1,051 | $1,228 | -14% |
| Farmers | $1,612 | $1,958 | -18% |
| GEICO | $1,067 | $1,334 | -20% |
| Kemper | $1,825 | $2,214 | -18% |
| Nationwide | $1,323 | $1,590 | -17% |
| Progressive | $1,470 | $1,745 | -16% |
| State Farm | $1,066 | $1,270 | -16% |
| Travelers | $1,197 | $1,524 | -21% |
| USAA | $989 | $1,201 | -18% |
Read more: Best Car Insurance Companies
Cost of Insuring a Toyota Tacoma by Model Year
Toyota Tacoma production year affects insurance rates, with older models typically costing less. A 2022 Tacoma costs $1,434 annually for full coverage, while a 2009 model costs $1,115. Below are average full and minimum coverage rates for each production year.
| 2022 | $621 | $1,434 |
| 2021 | $617 | $1,413 |
| 2020 | $597 | $1,394 |
| 2019 | $623 | $1,380 |
| 2018 | $626 | $1,360 |
| 2017 | $601 | $1,322 |
| 2016 | $623 | $1,283 |
| 2015 | $620 | $1,245 |
| 2014 | $595 | $1,218 |
| 2013 | $617 | $1,189 |
| 2012 | $613 | $1,162 |
| 2011 | $588 | $1,146 |
| 2010 | $609 | $1,130 |
| 2009 | $606 | $1,115 |
Toyota Tacoma Insurance Costs by Driver Age
Toyota Tacoma insurance rates vary significantly based on the driver's age. For example, 16-year-olds face an average annual full coverage rate of $5,507, while 40-year-olds pay about $1,271. Below are the average minimum and full coverage rates for different ages, highlighting the cost differences.
| 16 | $2,806 | $5,507 |
| 17 | $2,276 | $4,485 |
| 18 | $1,986 | $3,949 |
| 19 | $1,410 | $2,808 |
| 20 | $1,266 | $2,553 |
| 21 | $1,002 | $2,059 |
| 22 | $914 | $1,892 |
| 23 | $848 | $1,767 |
| 24 | $804 | $1,681 |
| 25 | $714 | $1,504 |
| 26 | $696 | $1,458 |
| 27 | $680 | $1,426 |
| 28 | $668 | $1,404 |
| 29 | $658 | $1,385 |
| 30 | $635 | $1,336 |
| 35 | $618 | $1,294 |
| 40 | $611 | $1,271 |
| 45 | $606 | $1,254 |
| 50 | $591 | $1,216 |
| 55 | $576 | $1,184 |
| 60 | $576 | $1,180 |
| 65 | $614 | $1,236 |
| 70 | $667 | $1,323 |
| 75 | $741 | $1,450 |
| 80 | $840 | $1,614 |
| 85 | $909 | $1,731 |
| 90 | $960 | $1,813 |
Toyota Tacoma Insurance Rates Explained
Car insurance rates depend on both driver profiles and vehicle factors. Below is a breakdown of the vehicle-related cost factors.
Toyota Tacoma Rates vs. National Average
All Vehicles
Average Full Coverage Rate
$1,296Toyota Tacoma
Average Full Coverage Rate
$1,260Premiums for Toyota Tacoma are cheaper:$36 saved
This is 3% less expensive.
Value
The Toyota Tacoma's $53,595 MSRP and pickup truck classification affect insurance costs, as more expensive vehicles typically have higher premiums.
Repair costs
The Toyota Tacoma's annual repair cost is $478, lower than the national average. Easier and cheaper repairs can lead to lower insurance costs.
Performance
The Toyota Tacoma reaches 60 mph in seven seconds, with horsepower ranging from 228 to 278. It isn't considered a high-performance vehicle, which may not significantly impact insurance costs.
Vehicle age
Newer Toyota Tacomas are typically more expensive to insure than older models. However, insuring collector and classic vehicles can cost much more.
Safety features
Safety features like stability control, airbags and antilock brakes can qualify for insurance discounts. The Toyota Tacoma has a 4-star NHTSA safety rating, which helps reduce accident risk.
Vehicle size
Larger vehicles like the Toyota Tacoma, with a curb weight of 5,410 lbs, may cost more to insure due to potential property damage.
Trim level
Higher trim levels with premium upgrades cost more, increasing insurance prices. The Toyota Tacoma's higher trim levels cost more to insure than the base model.
Theft rates
Higher theft rates can increase insurance costs. The Toyota Tacoma has a theft claims frequency of 42, which may result in higher premiums.
Cheapest Toyota Tacoma Insurance
GEICO offers the cheapest Toyota Tacoma minimum coverage insurance at $487 per year, based on a 40-year-old male driver with a clean record. Rates vary by coverage level, age, driving history and model year. Below is a breakdown of the lowest car insurance rates for the Tacoma.
Cheapest Toyota Tacoma Insurance by Coverage Level
Your coverage level greatly affects your Toyota Tacoma insurance rate. GEICO offers the lowest average rate for minimum coverage, while State Farm provides the most affordable full coverage. Below is a breakdown of the cheapest providers for both types.
Cheapest Toyota Tacoma Minimum Coverage
For a Toyota Tacoma, GEICO and State Farm offer the cheapest minimum coverage at $41 per month, followed by Travelers at $47. Nationwide, Allstate and Progressive are also competitive at $55.
| USAA | $36 | $438 |
| GEICO | $41 | $487 |
| State Farm | $41 | $489 |
| Travelers | $47 | $567 |
| Allstate | $55 | $661 |
| Nationwide | $55 | $661 |
| Progressive | $55 | $665 |
| Farmers | $60 | $717 |
*GEICO offers non-military-affiliated Toyota Tacoma owners the lowest average minimum coverage insurance rate. USAA is the most affordable option for military-affiliated drivers.
Best Toyota Tacoma Insurance Rates by Model Year
The above list doesn't consider your Toyota Tacoma's production year, so lower rates might be available depending on your vehicle's age. Filter the table below to find the cheapest minimum coverage rates for every model year.
Data filtered by:Results filtered by:
Select
Model Year:2009
| Allstate | $672 | $56 |
| Farmers | $705 | $59 |
| GEICO | $521 | $43 |
| Nationwide | $660 | $55 |
| Progressive | $664 | $55 |
| State Farm | $468 | $39 |
| Travelers | $587 | $49 |
| USAA | $427 | $36 |
*USAA is available only to military veterans, active service members and their families.
Cheapest Full Coverage Toyota Tacoma Insurance
State Farm offers the cheapest full coverage insurance for a Toyota Tacoma at $1,039 annually or $87 monthly. Below is the complete list of full coverage providers and rates.
| USAA | $81 | $967 |
| State Farm | $87 | $1,039 |
| GEICO | $87 | $1,045 |
| Travelers | $99 | $1,185 |
| Nationwide | $105 | $1,257 |
| Allstate | $110 | $1,322 |
| Progressive | $117 | $1,408 |
| Farmers | $126 | $1,516 |
*On average, State Farm is the cheapest insurer for non-military-affiliated Toyota Tacoma owners seeking full coverage. For military-affiliated drivers, USAA is the most affordable option.
Cheapest Toyota Tacoma Insurance by Age
Young drivers aged 16 to 25 and seniors over 55 often face higher Toyota Tacoma insurance costs. Below is the breakdown of the cheapest options by age group.
Cheapest Toyota Tacoma Insurance for Young Drivers
State Farm offers the cheapest car insurance for young adults for as low as $89 monthly or $1,069 annually for minimum coverage. Below is the complete list of affordable rates for Toyota Tacoma drivers aged 16 to 25.
| USAA | $76 | $910 |
| State Farm | $89 | $1,069 |
| GEICO | $97 | $1,163 |
| Travelers | $99 | $1,192 |
| Allstate | $129 | $1,544 |
| Nationwide | $145 | $1,740 |
| Progressive | $155 | $1,854 |
| Farmers | $162 | $1,949 |
*State Farm is the cheapest insurer for young non-military-affiliated drivers. USAA is the most affordable option for military-affiliated drivers.
Cheapest Toyota Tacoma Insurance for Seniors
State Farm offers the cheapest car insurance for seniors 55 and up at $45 monthly or $538 annually. See the full list of cheap Toyota Tacoma insurers below.
| State Farm | $45 | $538 |
| GEICO | $49 | $583 |
| USAA | $49 | $583 |
| Travelers | $57 | $686 |
| Nationwide | $65 | $776 |
| Allstate | $68 | $810 |
| Progressive | $71 | $851 |
| Farmers | $80 | $963 |
Cheapest Toyota Tacoma Insurance After an Accident
For Toyota Tacoma drivers, State Farm, GEICO and Travelers offer the most affordable car insurance after an accident. Explore the complete list below for more choices.
| State Farm | $51 | $613 |
| USAA | $56 | $668 |
| GEICO | $64 | $764 |
| Travelers | $67 | $807 |
| Allstate | $75 | $901 |
| Nationwide | $85 | $1,018 |
| Progressive | $90 | $1,085 |
| Farmers | $119 | $1,426 |
Toyota Tacoma Insurance Cost: Bottom Line
Compare rates from different providers to find the cheapest car insurance. This article explores Toyota Tacoma insurance costs across demographics and highlights the most affordable providers.
Toyota Tacoma Insurance Rates: FAQ
Below are answers to common questions about Toyota Tacoma insurance costs, helping you understand how to find affordable coverage.
What company has the cheapest car insurance for a Toyota Tacoma?
GEICO offers the cheapest insurance for a Toyota Tacoma, with an annual minimum coverage rate of $487.
What is the average cost of car insurance for a Toyota Tacoma?
The average annual insurance cost for a Toyota Tacoma is $600 for minimum coverage and $1,260 for full coverage.
Toyota Tacoma Insurance Ratings: Our Review Methodology
MoneyGeek analyzed data and 4,183 Toyota Tacoma insurance quotes from Quadrant Information Services.
Drivers and Cars
MoneyGeek used a sample driver profile with the following characteristics to calculate the average rates for insuring a Toyota Tacoma:
- 40-year-old male
- Clean driving record
- 12,000 miles driven annually
We also modified the sample driver profile to determine Toyota Tacoma insurance rates for different age groups, driving records and model years. MoneyGeek collected data for the following model years:
- 2012
- 2013
- 2014
- 2015
- 2016
- 2017
- 2018
- 2019
- 2020
- 2021
- 2022
If data on specific model years wasn't available, our data scientists estimated rates based on how insurers typically price car models each year. The published rates are estimates and may not reflect the rate you'll receive for your Toyota Tacoma.
Coverage Levels
Each state differs in minimum coverage requirements, so our rates are a combination of minimum coverage policies in the states where we gathered our data.
MoneyGeek’s analysis includes average full coverage policy rates with comprehensive and collision coverage (with a $1,000 deductible) and increased liability limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $100,000 property damage liability per accident
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.