Full coverage insurance for a Toyota Tundra ranges from $1,058 with USAA to $6,161 for 16-year-olds. Rates depend on model year, age, location, driving history and coverage level. This article covers Toyota Tundra insurance costs, highlighting the best and cheapest options.
Toyota Tundra Insurance Cost
Key Takeaways
State Farm provides the cheapest annual minimum coverage rates across all Toyota Tundra model years, averaging $482 annually.
For a Toyota Tundra, the average annual cost is $625 for minimum coverage and $1,409 for full coverage.
MoneyGeek analyzed 4,183 Toyota Tundra insurance quotes from Quadrant Information Services to bring you these insights.
Toyota Tundra Insurance Rates
What Is the Average Toyota Tundra Car Insurance Cost?
The average insurance cost for a Toyota Tundra is $117 monthly or $1,409 yearly for full coverage, based on a 40-year-old male driver with a clean record. Minimum coverage costs roughly $52 per month or $625 per year.
| Minimum Coverage | $625 |
| Full Coverage | $1,409 |
Toyota Tundra Insurance Costs by Company
Toyota Tundra insurance costs range from $1,089 to $2,134 per year, depending on age, model year and coverage level. The table below shows how average Tundra insurance rates compare to the averages for all vehicles from several national and midsize providers.
| Allstate | $1,593 | $1,812 | -12% |
| Auto-Owners | $1,183 | $1,227 | -4% |
| Farmers | $1,810 | $1,956 | -7% |
| GEICO | $1,161 | $1,333 | -13% |
| Kemper | $2,134 | $2,211 | -3% |
| Nationwide | $1,492 | $1,588 | -6% |
| Progressive | $1,605 | $1,743 | -8% |
| State Farm | $1,199 | $1,269 | -6% |
| Travelers | $1,360 | $1,522 | -11% |
| USAA | $1,089 | $1,200 | -9% |
Read more: Best Car Insurance Companies
Cost of Insuring a Toyota Tundra by Model Year
Your Toyota Tundra’s production year affects insurance costs, with older models generally being cheaper. A 2022 Tundra costs $1,638 annually for full coverage, while a 2009 model costs $1,177. Below are the average full and minimum coverage rates by production year.
| 2022 | $623 | $1,638 |
| 2021 | $632 | $1,604 |
| 2020 | $616 | $1,584 |
| 2019 | $647 | $1,571 |
| 2018 | $653 | $1,550 |
| 2017 | $629 | $1,516 |
| 2016 | $655 | $1,481 |
| 2015 | $655 | $1,447 |
| 2014 | $625 | $1,376 |
| 2013 | $643 | $1,304 |
| 2012 | $635 | $1,233 |
| 2011 | $614 | $1,215 |
| 2010 | $640 | $1,196 |
| 2009 | $640 | $1,177 |
Toyota Tundra Insurance Costs by Driver Age
Toyota Tundra insurance rates vary significantly by driver age. For example, 40-year-olds pay an average of $1,421 annually for full coverage compared to $6,161 for 16-year-olds. Below are the average minimum and full coverage rates for Tundra drivers of different ages.
| 16 | $2,938 | $6,161 |
| 17 | $2,383 | $5,014 |
| 18 | $2,079 | $4,413 |
| 19 | $1,474 | $3,144 |
| 20 | $1,324 | $2,859 |
| 21 | $1,048 | $2,306 |
| 22 | $955 | $2,120 |
| 23 | $886 | $1,980 |
| 24 | $840 | $1,884 |
| 25 | $745 | $1,685 |
| 26 | $726 | $1,632 |
| 27 | $709 | $1,595 |
| 28 | $697 | $1,571 |
| 29 | $687 | $1,549 |
| 30 | $663 | $1,494 |
| 35 | $644 | $1,447 |
| 40 | $636 | $1,421 |
| 45 | $631 | $1,403 |
| 50 | $616 | $1,360 |
| 55 | $600 | $1,324 |
| 60 | $600 | $1,319 |
| 65 | $639 | $1,368 |
| 70 | $695 | $1,465 |
| 75 | $772 | $1,605 |
| 80 | $875 | $1,786 |
| 85 | $946 | $1,916 |
| 90 | $999 | $2,007 |
Toyota Tundra Insurance Rates Explained
Car insurance rates depend on both driver and vehicle factors. Insurers consider your car’s features when setting premiums. Below is a breakdown of vehicle-related cost factors.
Toyota Tundra Rates vs. National Average
All Vehicles
Average Full Coverage Rate
$1,296Toyota Tundra
Average Full Coverage Rate
$1,409Premiums for Toyota Tundra are:$113 more
This is 9% more expensive.
Value
The Toyota Tundra has an MSRP of $64,405 and is classified as a full-size pickup. Higher-priced vehicles typically have higher insurance premiums.
Repair costs
The Toyota Tundra's annual repair cost is $606, below the national average. Lower repair costs can contribute to lower insurance rates.
Performance
The Toyota Tundra has 358 to 389 horsepower and a 0-to-60 time of 6.1 seconds. It's not classified as high-performance, which may help keep insurance costs moderate.
Vehicle age
Newer Toyota Tundras are typically more expensive to insure than older ones, though collector and classic vehicles can be exceptions.
Safety features
The Toyota Tundra's safety features like stability control, airbags and antilock brakes can qualify for insurance discounts by reducing accident risks.
Vehicle size
Larger vehicles like the Toyota Tundra, with a curb weight of 6,185 lbs, may have higher insurance costs due to increased property damage risks.
Trim level
Higher trim levels of the Toyota Tundra, with premium upgrades and a higher MSRP, cost more to insure than the base model.
Theft rates
The Toyota Tundra has a theft relative claims frequency of 30, which could result in higher insurance rates due to the increased theft risk.
Anti-theft features
The Toyota Tundra includes anti-theft features like an alarm system, which may help lower insurance premiums by reducing theft risk.
Cheapest Toyota Tundra Insurance
State Farm offers the cheapest minimum coverage for a Toyota Tundra at $482 per year, based on a 40-year-old male driver with a clean record. Below is a breakdown of the most affordable car insurance by coverage level, age group, driving record and model year.
Cheapest Toyota Tundra Insurance by Coverage Level
Your coverage level greatly impacts your Toyota Tundra insurance rate. State Farm offers the lowest average rate for minimum coverage, while GEICO is the most affordable for full coverage. Below is a breakdown of the cheapest providers for both types.
Cheapest Toyota Tundra Minimum Coverage
State Farm offers the cheapest minimum coverage for a Toyota Tundra at $40 per month. GEICO, Travelers and Allstate follow, with rates ranging from $42 to $54.
| USAA | $38 | $457 |
| State Farm | $40 | $482 |
| GEICO | $42 | $501 |
| Travelers | $50 | $597 |
| Allstate | $54 | $648 |
| Nationwide | $57 | $686 |
| Progressive | $59 | $707 |
| Farmers | $64 | $762 |
*State Farm offers non-military-affiliated Toyota Tundra owners the lowest average minimum coverage insurance rate. USAA is the most affordable option for military-affiliated drivers.
Best Toyota Tundra Insurance Rates by Model Year
Because the above list doesn't account for the production year, your vehicle's age may have lower insurance rates. Filter the table below to find the cheapest minimum coverage rates for every Toyota Tundra model year.
Data filtered by:Results filtered by:
Select
Model Year:2009
| Allstate | $662 | $55 |
| Farmers | $776 | $65 |
| GEICO | $543 | $45 |
| Nationwide | $725 | $60 |
| Progressive | $698 | $58 |
| State Farm | $479 | $40 |
| Travelers | $606 | $51 |
| USAA | $455 | $38 |
*USAA is available only to military veterans, active service members and their families.
Cheapest Full Coverage Toyota Tundra Insurance
GEICO offers the cheapest full coverage for a Toyota Tundra at $94 per month or $1,130 annually. Below is the complete list of full coverage car insurance providers and rates.
| USAA | $88 | $1,058 |
| GEICO | $94 | $1,130 |
| State Farm | $97 | $1,158 |
| Travelers | $112 | $1,342 |
| Nationwide | $117 | $1,404 |
| Allstate | $127 | $1,519 |
| Progressive | $128 | $1,532 |
| Farmers | $141 | $1,687 |
*On average, GEICO is the cheapest insurer for non-military-affiliated Toyota Tundra owners seeking full coverage. For military-affiliated drivers, USAA is the most affordable option.
Cheapest Toyota Tundra Insurance by Age
Younger drivers aged 16 to 25 and seniors aged 55 and up often face higher Toyota Tundra insurance rates than the average driver. Below is a breakdown of the cheapest options by age group.
Cheapest Toyota Tundra Insurance for Young Drivers
State Farm offers the cheapest auto insurance for young adults at $1,055 annually or $88 monthly for minimum coverage. Below is the complete list of affordable rates for Toyota Tundra drivers aged 16 to 25.
| USAA | $80 | $955 |
| State Farm | $88 | $1,055 |
| GEICO | $100 | $1,203 |
| Travelers | $105 | $1,264 |
| Allstate | $126 | $1,514 |
| Nationwide | $151 | $1,816 |
| Progressive | $166 | $1,990 |
| Farmers | $174 | $2,082 |
*State Farm is the cheapest insurer for young non-military-affiliated drivers. USAA is the most affordable option for military-affiliated drivers.
Cheapest Toyota Tundra Insurance for Seniors
State Farm offers the cheapest car insurance for seniors aged 55 and up at $44 monthly or $530 yearly. Check the full list of affordable Toyota Tundra insurers below.
| State Farm | $44 | $530 |
| GEICO | $50 | $601 |
| USAA | $51 | $610 |
| Travelers | $60 | $724 |
| Allstate | $66 | $793 |
| Nationwide | $67 | $806 |
| Progressive | $76 | $908 |
| Farmers | $85 | $1,019 |
Cheapest Toyota Tundra Insurance After an Accident
State Farm, GEICO and Travelers offer Toyota Tundra drivers the cheapest car insurance after an accident. Check out the complete list below for more options.
| State Farm | $50 | $604 |
| USAA | $58 | $699 |
| GEICO | $66 | $789 |
| Travelers | $71 | $858 |
| Allstate | $73 | $880 |
| Nationwide | $88 | $1,061 |
| Progressive | $98 | $1,170 |
| Farmers | $126 | $1,510 |
Toyota Tundra Insurance Cost: Bottom Line
Make it a habit to compare rates from different providers to find the best car insurance. This article explores Toyota Tundra insurance costs across various demographic groups and highlights the most affordable providers.
Toyota Tundra Insurance Rates: FAQ
Below are some frequently asked questions about the costs of insuring a Toyota Tundra.
What company has the cheapest car insurance for a Toyota Tundra?
State Farm offers the cheapest insurance for a Toyota Tundra, with an annual minimum coverage rate of $482.
What is the average cost of car insurance for a Toyota Tundra?
For a Toyota Tundra, annual minimum coverage insurance averages $625, while full coverage costs about $1,409.
Toyota Tundra Insurance Ratings: Our Review Methodology
MoneyGeek analyzed data and 4,183 Toyota Tundra 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 Tundra:
- 40-year-old male
- Clean driving record
- 12,000 miles driven annually
We also modified the sample driver profile to determine Toyota Tundra 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 Tundra.
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.