2020 Toyota Tacoma Car Insurance Calculator

Learn how different driver and vehicle factors impact the insurance cost for a 2020 Toyota Tacoma. Make changes to factors like trim level, driving violations, and policy coverages and see their impact on rates. Instantly discover if the option you change raises or lowers your rate.

The average estimated car insurance premium for a 2020 Toyota Tacoma is $1,798 per year, or about $150 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

$1,798

Cost Per Month

$150

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 2020 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.

$1,798
Average Rate
Your Rate
$1,798

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 2020 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 2020 Toyota Tacoma is $1,798.

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.

2020 Toyota Tacoma vs. the Midsize Truck Segment

The table below compares insurance rates for the 2020 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.

2020 Toyota Tacoma Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Chevrolet Colorado$1,686-$112
2Toyota Tacoma$1,798--
3Ford Ranger$1,808$10
4Nissan Frontier$1,810$12
2020 Midsize Truck Average$1,855$57
5GMC Canyon$1,940$142
6Jeep Gladiator$1,966$168
7Honda Ridgeline$1,980$182

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.

2020 Tacoma Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2020 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.

2020 Toyota Tacoma Insurance Rates by Trim Level
2020 Toyota Tacoma Trim Level Annual Premium Cost Per Month
Access Cab SR5 2WD$1,644$137
Access Cab SR 4WD$1,660$138
Access Cab SR5 4WD$1,724$144
Double Cab SR 4WD$1,724$144
Access Cab TRD Off-Road 4WD$1,784$149
Access Cab TRD Sport 4WD$1,784$149
Double Cab SR5 4WD$1,784$149
Double Cab SR5 2WD$1,798$150
Double Cab TRD Off-Road 4WD$1,846$154
Double Cab TRD Sport 4WD$1,846$154
Double Cab TRD Sport 2WD$1,860$155
Double Cab Limited 4WD$1,908$159
Double Cab TRD Pro 4WD$1,908$159
Double Cab Limited 2WD$1,920$160

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 2020 Toyota Tacoma for different driver ages.

2020 Toyota Tacoma Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$6,412$534
17$6,218$518
18$5,585$465
19$5,075$423
20$3,889$324
21$3,709$309
22$3,322$277
23$2,719$227
24$2,572$214
25$2,088$174
30$1,920$160
35$1,846$154
40$1,798$150
45$1,682$140
50$1,594$133
55$1,490$124
60$1,494$125
65$1,592$133
70$1,716$143
75$2,014$168
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.