2023 Toyota Tundra Car Insurance Calculator

Learn in real-time how changes to driver risk factors and vehicle options affect the cost of insurance for a 2023 Toyota Tundra. Customize factors such as driving violations, coverage levels, and mileage driven to see how rates are affected. Immediately discover if rates increase or decrease with changes you make.

The average estimated car insurance premium for a 2023 Toyota Tundra is $2,398 per year, or about $200 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

$2,398

Cost Per Month

$200

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 Tundra 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 2023 Toyota Tundra.

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.

$2,398
Average Rate
Your Rate
$2,398

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 2023 Toyota Tundra 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 2023 Toyota Tundra is $2,398.

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.

2023 Toyota Tundra vs. the Large Truck Segment

The table below compares insurance rates for the 2023 Toyota Tundra against all other models in the large truck segment. The Toyota Tundra 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 Tundra, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Toyota Tundra.

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

2023 Toyota Tundra Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Nissan Titan$2,254-$144
2Ford F150$2,314-$84
3Toyota Tundra$2,398--
2023 Large Truck Average$2,472$74
4Chevrolet Silverado$2,474$76
5GMC Sierra$2,488$90
6Ram Truck$2,496$98
7GMC Hummer EV Pickup$2,880$482

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.

2023 Tundra Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2023 Toyota Tundra.

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.

2023 Toyota Tundra Insurance Rates by Trim Level
2023 Toyota Tundra Trim Level Annual Premium Cost Per Month
SR Double Cab 2WD$2,114$176
SR Crew Max 2WD$2,166$181
SR Double Cab 4WD$2,188$182
SR Crew Max 4WD$2,234$186
SR5 Double Cab 2WD$2,240$187
SR5 Crew Max 2WD$2,288$191
SR5 Double Cab 4WD$2,294$191
SR5 Crew Max 4WD$2,334$195
Limited Double Cab 2WD$2,348$196
Limited Crew Max 2WD$2,384$199
Limited Double Cab 4WD$2,394$200
Limited Crew Max 4WD$2,420$202
Limited Crew Max Hybrid 2WD$2,422$202
Limited Crew Max Hybrid 4WD$2,460$205
Platinum Crew Max 2WD$2,476$206
1794 Edition Crew Max 2WD$2,482$207
Platinum Crew Max 4WD$2,508$209
Platinum Crew Max Hybrid 2WD$2,510$209
1794 Edition Crew Max 4WD$2,514$210
1794 Edition Crew Max Hybrid 2WD$2,516$210
Platinum Crew Max Hybrid 4WD$2,538$212
1794 Edition Crew Max Hybrid 4WD$2,542$212
TRD Pro Crew Max Hybrid 4WD$2,568$214
Capstone Crew Max Hybrid 4WD$2,614$218

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 2023 Toyota Tundra for different driver ages.

2023 Toyota Tundra Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$8,461$705
17$8,233$686
18$7,450$621
19$6,754$563
20$5,190$433
21$4,951$413
22$4,446$371
23$3,624$302
24$3,436$286
25$2,786$232
30$2,564$214
35$2,460$205
40$2,398$200
45$2,236$186
50$2,118$177
55$1,978$165
60$1,984$165
65$2,116$176
70$2,268$189
75$2,654$221
80$3,268$272

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 Tundra trim levels.