2016 Toyota Tacoma Car Insurance Calculator

Discover and learn how changes to different risk factors impact car insurance rates for a 2016 Toyota Tacoma. Customize factors such as policy coverages, liability limits, and deductibles to see how rates are affected. Instantly discover if your changes have a favorable or unfavorable effect on the rates.

The average estimated car insurance premium for a 2016 Toyota Tacoma is $1,728 per year, or about $144 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$1,728

Cost Per Month

$144

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

Toyota Tacoma Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a 2016 Toyota Tacoma.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$1,728
Average Rate
Your Rate
$1,728

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

The 'Average Rate' is a combined value for all 2016 Toyota Tacoma trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2016 Toyota Tacoma is $1,728.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2016 Toyota Tacoma vs. the Midsize Truck Segment

The table below compares insurance rates for the 2016 Toyota Tacoma against all other models in the midsize truck segment. The Toyota Tacoma is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the Toyota Tacoma, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Toyota Tacoma.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2016 Toyota Tacoma Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Nissan Frontier$1,432-$296
2GMC Canyon$1,500-$228
2016 Midsize Truck Average$1,574-$154
3Chevrolet Colorado$1,634-$94
4Toyota Tacoma$1,728--

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2016 Tacoma Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2016 Toyota Tacoma.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2016 Toyota Tacoma Insurance Rates by Trim Level
2016 Toyota Tacoma Trim Level Annual Premium Cost Per Month
Access Cab SR 2WD$1,558$130
Access Cab SR5 2WD$1,590$133
Double Cab SR 2WD$1,604$134
Access Cab SR 4WD$1,636$136
Double Cab SR5 2WD$1,684$140
Access Cab TRD Sport 2WD$1,702$142
Access Cab SR5 4WD$1,734$145
Double Cab SR 4WD$1,734$145
Double Cab TRD Off-Road 2WD$1,748$146
Double Cab TRD Sport 2WD$1,748$146
Access Cab TRD Off-Road 4WD$1,782$149
Access Cab TRD Sport 4WD$1,782$149
Double Cab SR5 4WD$1,782$149
Double Cab Limited 2WD$1,798$150
Double Cab TRD Sport 4WD$1,806$151
Double Cab TRD Off-Road 4WD$1,810$151
Double Cab Limited 4WD$1,880$157

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2016 Toyota Tacoma for different driver ages.

2016 Toyota Tacoma Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$6,348$529
17$6,097$508
18$5,362$447
19$4,915$410
20$3,735$311
21$3,560$297
22$3,169$264
23$2,631$219
24$2,473$206
25$2,004$167
30$1,830$153
35$1,778$148
40$1,728$144
45$1,624$135
50$1,544$129
55$1,440$120
60$1,444$120
65$1,538$128
70$1,684$140
75$2,008$167
80$2,484$207

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all Toyota Tacoma trim levels.