Toledo Car Insurance Cost – 2024 Rates + Cheapest to Insure

• Toledo car insurance rates average $1,512 per year, or about $126 per month.
• Monthly auto insurance rates for a few popular vehicles in Toledo include the Nissan Sentra at $116, Subaru Forester at $113, and Ford Escape at $115.
• For cheap auto insurance in Toledo, small SUV models like the Ford Bronco Sport, Toyota Corolla Cross, and Chevrolet Trailblazer rank near the top.
• Models with the lowest cost car insurance in Toledo for their automotive segment include the Acura RDX at $1,264 per year, Chevrolet Tahoe at $1,422 per year, Nissan Titan at $1,416 per year, and Hyundai Ioniq 6 at $1,390 per year.
• Car insurance quotes in Toledo can vary significantly from as low as $26 per month for minimum liability limits to well over $655 per month for drivers needing high-risk coverage.

How much does Toledo car insurance cost?

Average auto insurance cost in Toledo is $1,512 per year, which is 21.9% less than the U.S. average rate of $1,883. The average cost of car insurance per month in Toledo is $126 for full coverage auto insurance.

In the state of Ohio, the average cost of car insurance is $1,380 per year, so the cost in Toledo averages $132 more per year. The cost of auto insurance in Toledo compared to other Ohio locations is approximately $52 per year more expensive than in Columbus, $10 per year less than in Cleveland, and $90 per year more than in Akron.

Driver age has the biggest impact on the cost of car insurance. The list below details how age impacts cost by showing average car insurance rates in Toledo depending on driver age.

Average cost of car insurance in Toledo for drivers age 16 to 60

• 16 year old – $5,393 per year or $449 per month
• 17 year old – $5,222 per year or $435 per month
• 18 year old – $4,684 per year or $390 per month
• 19 year old – $4,264 per year or $355 per month
• 20 year old – $3,046 per year or $254 per month
• 30 year old – $1,618 per year or $135 per month
• 40 year old – $1,512 per year or $126 per month
• 50 year old – $1,342 per year or $112 per month
• 60 year old – $1,256 per year or $105 per month

The chart below shows different average Toledo car insurance rates for a variety of different driver ages and possible risk profiles.

Average rates in the chart above range from $1,256 per year for a 40-year-old driver who shops around for the cheapest Toledo car insurance rates to $3,484 per year for a 20-year-old driver with too many violations and accidents. The overall average rate we use to compare different vehicles or locations is the 40-year-old safe driver rate, which has an average cost of $1,512 per year.

As a monthly rate, car insurance in Toledo ranges from $105 to $290 for the same driver risk profiles shown in the prior chart.

The cost to insure Toledo drivers’ favorite cars, trucks, and SUVs

The prior auto insurance rates are an average for all 2024 vehicle models, which is suitable when making broad comparisons like the cost difference between two locations.

Average car insurance rates are perfect for getting the answer to questions like “are auto insurance rates in Toledo cheaper than in Cincinnati?” or “is auto insurance cheaper in Ohio or New York?”.

But for more comprehensive price comparisons, the data will be more accurate if we analyze the specific model of vehicle being insured. Each individual vehicle model has slightly different risk characteristics for physical damage and liability claims, and this data allows us to perform detailed cost comparisons.

The following chart details average insurance cost for some of the more popular vehicles on the road in Toledo. At the end of this article, we will cover auto insurance rates for some of these vehicles even more in-depth.

The vehicle models that are popular in Toledo tend to be compact or midsize sedans like the Honda Civic and Nissan Altima and compact or midsize SUVs like the Honda CR-V and Chevy Traverse.

A few additional popular models from different automotive segments include luxury SUVs like the Lexus RX 350 and Acura MDX, luxury cars like the BMW 530i and Lexus ES 350, and pickup trucks like the Toyota Tacoma and Ford F-150.

We get into rates for lots more vehicles coming up in the article, but before we delve that deep, let’s quickly revisit the comparisons and concepts that were covered up to this point.

• Toledo auto insurance rates are more expensive than the Ohio state average – $1,512 (Toledo average) compared to $1,380 (Ohio average)
• Auto insurance is cheaper as you age – Average auto insurance rates for a 40-year-old driver in Toledo are $1,534 per year cheaper than for a 20-year-old driver.
• Insuring teenagers costs a lot – The average cost ranges from $3,607 to $5,393 per year for teen driver car insurance in Toledo, Ohio.
• Average cost per month ranges from $105 to $449 – That’s the average auto insurance cost range for drivers from age 16 to 60 in Toledo.
• Low deductible auto insurance costs more – A 40-year-old driver pays an average of $492 more per year for $250 deductibles compared to $1,000 deductibles.
• Toledo average car insurance cost is less than the U.S. average – $1,512 (Toledo average) compared to $1,883 (U.S. average)
• Auto insurance rates fall a lot in your twenties – The average 30-year-old Toledo, Ohio, driver will pay $1,428 less per year than a 20-year-old driver, $1,618 compared to $3,046.

Which cars have cheap insurance in Toledo?

The vehicles with the cheapest auto insurance rates in Toledo, OH, tend to be small SUVs like the Chevrolet Trailblazer, Subaru Crosstrek, and Toyota Corolla Cross. Average car insurance prices for those small SUVs cost $1,230 or less per year for a policy with full coverage.

Other models that are in the top 20 in our car insurance price comparison are the Volkswagen Tiguan, Chevrolet Colorado, Subaru Outback, and Volkswagen Taos.

Average car insurance rates are marginally higher for those models than the cheapest compact SUVs that rank near the top, but they still have an average cost of $1,296 or less per year.

The next table details the top 50 cheapest vehicles to insure in Toledo, ordered starting with the cheapest.

The above table containing 50 vehicle rankings is fine if you just want the lowest rates. Considering we track over 700 vehicles, there are a lot of rates not being shown. So let’s take a different approach and break out the models with the cheapest rates in Toledo a different way, by automotive segment.

The next section further discusses the average cost to insure each different vehicle segment. The average rates shown will give you a better idea of which automotive segments have the best rates. The sections following the chart will break out the vehicles with the cheapest insurance rates for each automotive segment.

Toledo car insurance rates by automotive segment

If you’re looking to buy a different vehicle, it’s a good idea to know which categories of vehicles have more favorable auto insurance rates. To illustrate this, some people wonder if compact SUVs have cheaper car insurance than minivans or if regular SUVs have cheaper car insurance than luxury SUVs.

The next chart shows average auto insurance rates by segment in Toledo. Typically, compact SUVs, midsize trucks, and minivans have the cheapest rates, with luxury, performance, and sports cars having the highest average cost to insure.

Average rates by automotive segment are useful for blanket comparisons, but rates vary greatly within each segment displayed in the chart above.

For example, in the midsize car segment, average Toledo insurance rates range from the Hyundai Ioniq 6 at $1,390 per year for a full coverage policy up to the Tesla Model 3 costing $1,778 per year.

As another example, in the large luxury SUV segment, the cost of insurance ranges from the Infiniti QX80 at $1,696 per year to the Mercedes-Benz G63 AMG at $3,254 per year, a difference of $1,558 within that segment.

In the next parts of this article, we will eliminate a lot of this variability by analyzing the cost of auto insurance in Toledo for specific vehicles.

Cheapest car insurance rates in Toledo, Ohio

The Toyota GR Corolla comes in at #1 as the lowest-cost non-luxury car to insure in Toledo, followed closely by the Nissan Leaf, Honda Civic, Nissan Sentra, and Subaru Impreza. The 2024 model has an average cost of $1,314 per year for a full-coverage insurance policy.

Additional models that rank well are the Kia K5, Toyota Prius, Hyundai Ioniq 6, and Honda Accord, with average annual insurance rates of $1,468 per year or less.

From a monthly standpoint, full-coverage car insurance on this segment in Toledo for a middle-age safe driver will start around $110 per month, depending on your location and insurance company.

If ranked by vehicle size, the most budget-friendly compact car to insure in Toledo is the Toyota GR Corolla at $1,314 per year, or $110 per month. For midsize 2024 models, the Hyundai Ioniq 6 has the cheapest rates at $1,390 per year, or $116 per month. And for full-size non-luxury cars, the Chrysler 300 is most affordable to insure at $1,436 per year, or $120 per month.

The rate comparison table below ranks the twenty cars with the most affordable insurance in Toledo, starting with the Toyota GR Corolla at $1,314 per year and ending with the Mazda 3 at $1,566 per year.

For all vehicle comparisons, see our guides for compact car insurance, midsize car insurance, and full-size car insurance.

Don’t see insurance rates for your vehicle? Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free car insurance quotes from the best car insurance companies in Ohio.

Cheapest SUVs to insure in Toledo

Ranking highest for the most affordable Toledo car insurance rates in the SUV segment (excluding luxury models) are the Kia Soul, Subaru Crosstrek, Honda Passport, Nissan Kicks, and Chevrolet Trailblazer. Rates for these 2024 models average $101 or less per month.

Other models that have affordable insurance rates include the Toyota Corolla Cross, Ford Bronco Sport, Mazda CX-5, and Hyundai Venue, with average insurance cost of $1,240 per year or less.

From a monthly standpoint, auto insurance in this segment for a good driver starts at around $93 per month, depending on your location and insurance company.

The comparison table below ranks the SUVs with the most affordable insurance in Toledo.

See our guides for compact SUV insurance, midsize SUV insurance, and full-size SUV insurance to compare rates for all makes and models.

Don’t see rates for your SUV? Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get cheap Toledo car insurance quotes from the best companies in Ohio.

Cheapest pickup truck insurance rates in Toledo

The top five models for the most affordable Toledo car insurance rates in the pickup segment are the Ford Ranger, Nissan Titan, Ford Maverick, Chevrolet Colorado, and Nissan Frontier. Auto insurance rates for these models average $1,470 or less per year, or around $123 per month.

Not the cheapest pickups to insure, but still affordable, are models like the Honda Ridgeline, GMC Sierra 2500 HD, Hyundai Santa Cruz, and Toyota Tacoma, with average insurance cost of $1,558 per year or less.

As a cost per month, full-coverage auto insurance in Toledo on this segment for an average middle-age driver starts at an average of $108 per month, depending on your company and location. The comparison table below ranks the pickups with the most affordable average car insurance rates in Toledo, starting with the Chevrolet Colorado at $1,296 per year ($108 per month) and ending with the Ram Truck at $1,750 per year ($146 per month).

See our guides for midsize pickup insurance and large pickup insurance to compare rates for all truck makes and models.

Don’t see your pickup in the list? Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get free Toledo car insurance quotes from top-rated companies in Ohio.

Cheapest sports car insurance rates in Toledo

The Mazda MX-5 Miata takes the top ranking for the cheapest sports car to insure in Toledo, followed closely by the Toyota GR86, Ford Mustang, BMW Z4, and Subaru WRX. The 2024 model has an average cost of $1,400 per year for a policy with full coverage.

Some other sports cars that have cheaper rates include the Nissan Z, Toyota GR Supra, Subaru BRZ, and Lexus RC F, with an average cost of $1,810 per year or less.

Some additional models that made the list include the Chevrolet Corvette, Porsche Taycan, BMW M3, and BMW M4, which average between $1,810 and $2,566 per year for auto insurance.

Car insurance rates in Toledo for this segment for a good driver starts at around $117 per month, depending on the company and your location.

The rate comparison table below ranks the twenty sports cars with the lowest-cost average car insurance rates in Toledo, starting with the Mazda MX-5 Miata at $1,400 per year and ending with the Porsche Taycan at $2,566 per year.

Is your vehicle not in the list? No sweat! Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get free car insurance quotes from the best companies in Toledo.

Cheapest luxury cars to insure in Toledo, Ohio

The lowest-cost luxury car models to insure in Toledo are the Acura Integra at $1,346 per year, the BMW 330i at $1,540 per year, and the Mercedes-Benz CLA250 at $1,556 per year.

Also ranking well are luxury cars like the Genesis G70, Lexus RC 300, Mercedes-Benz AMG CLA35, and Cadillac CT4, with average rates of $1,590 per year or less.

Additional vehicles that make the list include the Lexus ES 300h, Jaguar XF, BMW 228i, and Lexus RC 350, which average between $1,590 and $1,696 per year for insurance in Toledo.

As a cost per month, car insurance in Toledo on this segment for an average middle-age driver can cost as low as $112 per month, depending on your company and location.

If rates are ranked by vehicle size, the lowest-cost small luxury car to insure in Toledo is the Acura Integra at $1,346 per year, or $112 per month. For midsize luxury cars, the Mercedes-Benz CLA250 is cheapest to insure at $1,556 per year, or $130 per month. And for full-size luxury cars, the Audi A5 has the most affordable rates at $1,792 per year, or $149 per month.

The rate comparison table below ranks the twenty luxury cars with the cheapest average insurance rates in Toledo, starting with the Acura Integra at $1,346 per year and ending with the Audi S3 at $1,696 per year.

For all luxury car insurance comparisons, see our full luxury car insurance guide.

Is your vehicle not in the list? Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get free Toledo car insurance quotes from top car insurance companies in Ohio.

Cheapest luxury SUV insurance rates in Toledo

The top three luxury SUVs with the most affordable auto insurance in Toledo are the Acura RDX at $1,264 per year, the Lexus NX 250 at $1,338 per year, and the Cadillac XT4 at $1,366 per year.

Other luxury SUVs that are affordable to insure are the Lexus NX 450h, Lexus NX 350h, Lexus UX 250h, and Mercedes-Benz GLB 250, with average annual insurance rates of $1,458 per year or less.

From a monthly standpoint, auto insurance in this segment can cost as low as $105 per month, depending on your location and insurance company.

The next table ranks the twenty luxury SUVs with the cheapest average insurance rates in Toledo, starting with the Acura RDX at $1,264 per year and ending with the Lexus NX 350 at $1,516 per year.

See our guide for luxury SUV insurance to view luxury vehicles not shown in the table.

Don’t see rates for your luxury SUV? No sweat! Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get free car insurance quotes from top-rated car insurance companies in Ohio.

How to save on car insurance in Toledo

Shrewd drivers are often looking to pay less for auto insurance, so glance through the savings tips below and maybe you’ll be able to save some money the next time you buy a policy.

• Shop around often. Take a couple of minutes to get free car insurance quotes could save you a significant amount. Companies make rate modifications frequently and you can switch companies at any time.
• Remain claim free. Most auto insurance companies offer discounts if you have no claims on your account. Auto insurance should only be used to protect you from large financial hits, not for insignificant claims.
• Negligent driving raises car insurance rates. Having multiple accidents could cost you more, potentially by an additional $2,162 per year for a 20-year-old driver and as much as $372 per year for a 60-year-old driver. So be a cautious driver and save.
• Buy vehicles with cheaper auto insurance rates. The make and model of vehicle you drive has a significant impact on the price you pay for car insurance. For example, a Subaru Forester costs $460 less per year to insure in Toledo than a Subaru BRZ. Lower performance vehicles save money.
• Clean up your credit to lower your rates. Drivers who have credit scores over 800 could save a minimum of $237 per year when compared to a slightly lower credit score between 670-739. Conversely, a weak credit rating could cost as much as $275 more per year. Not all states use credit score as a rating factor, so check with your agent or company.
• Your job could earn you discounts. Many auto insurance providers offer discounts for certain occupations like emergency medical technicians, lawyers, architects, dentists, engineers, and others. Obtaining this discount could potentially save between $45 and $147 on your yearly car insurance premium.