Ram Truck vs. Toyota Tundra Insurance Price Comparisons

• If the lowest insurance premium is important for deciding which model you take home from the dealership, you’ll probably want to put more thought into the Ram Truck over the Toyota Tundra. However, both the year and exact trim level of the vehicles factor into the insurance cost.
• For the 2024 model year Ram Truck, rates range from $2,452 to $3,036 per year, while the average insurance rate for a 2024 Toyota Tundra ranges from $2,548 to $3,096.
• Out of seven models in the 2024 large truck automotive segment, the Ram Truck ranks sixth and the Toyota Tundra ranks seventh for cheapest overall car insurance rates.
• When compared to the average U.S. car insurance rate of $2,276 per year, the Ram Truck averages $500 more per year, while the Toyota Tundra averages $580 more per year.

Does a Ram 1500 or Toyota Tundra have cheaper insurance?

Insurance on a 2024 Ram Truck costs an average of $2,776 per year, and insurance for a 2024 Toyota Tundra costs an average of $2,856 per year, making the Ram Truck the cheapest of the two to insure.

Out of 14 Ram Truck trims, the cheapest 2024 trim to insure is the Tradesman Crew Cab 4WD model at an average cost of $2,452 per year.

The 2024 Toyota Tundra has 24 trims available, with the cheapest trim to insure being the SR Double Cab 2WD model at an average cost of $2,548 per year.

When rates are compared for the 38 trim levels of both 2024 models, the cheapest model and trim level is the Ram Truck Tradesman Crew Cab 4WD at a cost of $2,452 per year, and the most expensive vehicle to insure is the Toyota Tundra Capstone Crew Max Hybrid 4WD at an average cost of $3,096 per year.

The table below compares and ranks the annual and monthly cost of car insurance for 2024 Ram Truck and Toyota Tundra models, with average rates for every trim level for each model.

The chart shown below illustrates the average cost to insure the two models for four different driver age groups. The average cost of car insurance ranges from $2,456 to $5,594 per year for a 2024 Ram Truck, and $2,528 to $5,820 for a 2024 Toyota Tundra.

The next tables display the average cost to insure all 2024 trim levels, including an overall average cost for each model.

2023 Ram Truck vs. Toyota Tundra

Insurance on a 2023 Ram 1500 averages $2,560 per year, whereas insurance for a 2023 Toyota Tundra costs an average of $2,456 per year, making the Toyota Tundra the model with better average insurance cost.

Out of 20 trim levels for the 2023 Ram Truck, the cheapest auto insurance rates are on the Tradesman Quad Cab 4WD model at a cost of $2,272 per year, or $189 per month.

For the 24 trim levels available for the Toyota Tundra, the cheapest 2023 trim to insure is the SR Double Cab 2WD model at a cost of $2,164 per year, or $180 per month.

When comparing both models at a trim-level basis, the cheapest vehicle to insure is the Toyota Tundra SR Double Cab 2WD at an average of $2,164 per year. The highest-cost model and trim is the Ram Truck Limited Crew Cab 2WD at an average of $2,798 per year.

The table shown below compares the yearly and monthly cost of car insurance for 2023 Ram Truck and Toyota Tundra models, with average rates for each trim level.

The rate chart below shows the average cost to insure the two models for a range of driver ages. The average car insurance cost ranges from $2,274 to $5,146 per year for a 2023 Ram Truck, and $2,168 to $4,952 for a 2023 Toyota Tundra for the age groups used in this illustration.

The next two tables show average car insurance rates for every trim level for both 2023 models, including the average rate for each model. The 2023 Toyota Tundra has more affordable average car insurance than the 2023 Ram Truck.

2022 Ram Truck vs. Toyota Tundra

Average car insurance rates for a 2022 Ram 1500 are $2,500 per year, whereas a 2022 Toyota Tundra averages $2,358 per year, making the Toyota Tundra the cheaper option by $142 per year.

For a 2022 Ram 1500, the cheapest trim levels to insure are the Tradesman Regular Cab 4WD, Express Regular Cab 4WD, and Tradesman Quad Cab 4WD. The cheapest Toyota Tundra models to insure are the SR Double Cab 2WD, SR Double Cab 4WD, and SR5 Double Cab 2WD. On a monthly basis, car insurance rates for all 2022 Ram Truck and Toyota Tundra models cost from $176 to $235 per month.

The rate table below ranks the 12-month and monthly car insurance cost for 2022 models, with average rates for each trim level.

The chart shown below demonstrates the average cost to insure both 2022 models with different ages of drivers. For the 2022 Ram 1500, insurance cost ranges from $2,226 to $5,040 per year. Full-coverage car insurance for the 2022 Toyota Tundra ranges from $2,090 to $4,762 on average per year.

The 2022 Ram Truck has 37 trim levels available, with the lowest-cost trim level to insure being the Tradesman Regular Cab 4WD model at an average cost of $2,182 per year.

The 2022 Toyota Tundra has 16 different trims available, with the cheapest model to insure being the SR Double Cab 2WD trim at an average cost of $2,106 per year, or around $176 per month.

When rates are compared for the 53 trims of both 2022 models, the lowest-cost model and trim level to put coverage on is the Toyota Tundra SR Double Cab 2WD at a cost of $2,106 per year, and the highest-cost model and trim is the Ram Truck Limited Crew Cab 2WD costing $2,822 per year.

The next two tables break down the average insurance cost by trim level for both 2022 models, plus the average rate for each model. The 2022 Toyota Tundra takes the win over the 2022 Ram Truck for cheapest car insurance cost.

2021 Ram Truck vs. Toyota Tundra

For the 2021 Ram Truck and Toyota Tundra models, the Toyota Tundra is cheaper to insure by an average of $108 per year for this comparison year.

The rate chart below visualizes the average cost to insure both 2021 models with different ages of drivers. For the 2021 Ram Truck, average car insurance cost ranges from $2,064 to $4,676 per year. Full-coverage insurance on a 2021 Toyota Tundra costs from $1,958 to $4,470 on average per year.

For the 35 trims available for the 2021 Ram Truck, the cheapest model to insure is the Classic Regular Cab ST 4WD model at an average cost of $1,890 per year. Out of the 16 trim levels available for a Toyota Tundra, the most affordable 2021 trim level to insure is the Double Cab SR 2WD trim at a cost of $2,070.

When comparing aggregated rates for both models from a trim-level perspective, the cheapest vehicle to insure is the Ram Truck Classic Regular Cab ST 4WD at a cost of $1,890 per year, and the highest-cost model and trim level is the Ram Truck Crew Cab Longhorn 2WD costing $2,680 per year.

The next two tables display average car insurance cost by trim level for each 2021 model, as well as the overall average rate for each model.

2020 Ram Truck vs. Toyota Tundra

When comparing insurance cost for the 2020 Ram Truck and Toyota Tundra models, the Toyota Tundra is cheaper by an average of $90 per year.

The chart shown below displays the average cost to insure the two models for the 20 to 50-year-old driver age groups. For the 2020 Ram Truck, the average cost of car insurance ranges from $1,992 to $4,510 per year for the age groups used in the chart. Auto insurance on the 2020 Toyota Tundra costs from $1,902 to $4,338 on average per year.

For the 31 trims available for the 2020 Ram Truck, the cheapest trim level to insure is the Classic Regular Cab ST 4WD model at an average cost of $1,840 per year. For the 16 trim and option levels available for a Toyota Tundra, the lowest-cost 2020 model to insure is the Double Cab SR 2WD model at a cost of $2,010.

When all 47 trims of both models are combined and compared, the lowest-cost model and trim level to buy insurance for is the Ram Truck Classic Regular Cab ST 4WD at an average of $1,840 per year. The most expensive trim is the Ram Truck Crew Cab Longhorn 2WD at an average cost of $2,608 per year.

The next two rate tables break down average car insurance rates for every trim level for both 2020 models, along with an average cost for each model.

2019 Ram Truck vs. Toyota Tundra

When comparing car insurance rates for 2019 models, a Ram Truck costs an average of $2,164 per year to insure and a Toyota Tundra costs $1,992, making the Toyota Tundra more affordable to insure by $172 per year for 2019.

The rate chart below illustrates the average cost to insure the two models for different driver ages. For the 2019 Ram Truck, average insurance cost ranges from $1,936 to $4,390 per year for the chosen age groups in the chart. Full-coverage car insurance on the 2019 Toyota Tundra costs from $1,770 to $4,050 on average per year.

Out of 31 trim levels for the 2019 Ram Truck, the most affordable average car insurance prices are on the Classic Regular Cab ST 4WD model at a cost of $1,786 per year.

Out of the 10 trim options available for the Toyota Tundra, the cheapest 2019 model to insure is the Double Cab SR5 4WD model at a cost of $1,872 per year, or $156 per month.

When comparing aggregated rates for both models from a trim-level perspective, the cheapest vehicle to put coverage on is the Ram Truck Classic Regular Cab ST 4WD at an average of $1,786 per year, and the overall most expensive vehicle to insure is the Ram Truck Crew Cab Longhorn 2WD costing an average of $2,532 per year.

The next tables detail both 2019 models and all trim levels available for each one, along with the average rate for each model. The 2019 Toyota Tundra has more affordable average car insurance than the 2019 Ram Truck.

2018 Ram Truck vs. Toyota Tundra

A 2018 Toyota Tundra costs $182 less per year to insure per year on average than a 2018 Ram Truck, a difference of 9.2%.

The rate chart below visualizes the average cost to insure both models for the 20 to 50-year-old driver age groups. For a 2018 Ram Truck, insurance cost ranges from $1,858 to $4,200 per year for the driver examples in the chart. Insurance on a 2018 Toyota Tundra ranges from $1,688 to $3,842 on average per year.

Out of 46 trim levels for the 2018 Ram Truck, the most affordable rates are on the Express 4WD trim at a cost of $1,716 per year, or about $143 per month. The 2018 Toyota Tundra has 10 trim levels available, with the most affordable trim level to insure being the CrewMax SR5 4WD trim at an average cost of $1,788 per year.

When comparing rates by trim level for both models, the cheapest model and trim level to put coverage on is the Ram Truck Express 4WD at an average rate of $1,716 per year, and the highest-cost model and trim level is the Ram Truck Crew Cab Longhorn Limited 2WD at an average cost of $2,434 per year.

The tables shown below illustrate average car insurance rates for each trim level, including an overall average cost for each model.

2017 Ram Truck vs. Toyota Tundra

When comparing insurance cost for the 2017 Ram Truck and Toyota Tundra models, the Toyota Tundra is cheaper to insure by $248 per year for this comparison year.

The rate chart below shows the average cost to insure the two models using drivers aged 20 to 50. For the 2017 Ram Truck, average insurance cost ranges from $1,810 to $4,082 per year for the five different driver ages shown in the chart. Car insurance on the 2017 Toyota Tundra costs from $1,584 to $3,598 on average per year.

Out of 75 trims for the 2017 Ram Truck, the lowest-cost rates are on the Express 4WD trim at a cost of $1,656 per year, or around $138 per month. For the 26 trims available for a Toyota Tundra, the cheapest 2017 trim to insure is the Double Cab SR 4WD model at a cost of $1,666.

When rates for all 101 trim levels for both vehicles are combined and compared, the overall cheapest vehicle to insure is the Ram Truck Express 4WD at an average rate of $1,656 per year. The most expensive model and trim level is the Ram Truck Crew Cab Longhorn Limited 2WD Diesel at a cost of $2,406 per year.

The tables below break down both 2017 models and all trim levels available for each one, as well as the overall average rate for each model.

2016 Ram Truck vs. Toyota Tundra

A 2016 Toyota Tundra costs $64 less per year to insure per year on average than a 2016 Ram Truck, a difference of 3.4%.

The next chart demonstrates the average insurance cost for both 2016 models rated for a variety of different driver ages. A full-coverage car insurance policy ranges from $1,726 to $3,886 per year on a 2016 Ram Truck, and $1,662 to $3,764 for the 2016 Toyota Tundra for the age groups included in the chart.

For the 73 trims available for a 2016 Ram Truck, the cheapest model to insure is the Express 4WD model at an average cost of $1,746 per year.

For the 25 trims available for the Toyota Tundra, the lowest-cost 2016 trim level to insure is the Regular Cab 4WD trim at a cost of $1,732.

When average insurance prices for all 98 trim levels for the 2016 model year of both models are compared, the cheapest model and trim level to put coverage on is the Toyota Tundra Regular Cab 4WD at an average of $1,732 per year. The most expensive model and trim level is the Ram Truck Crew Cab Longhorn Limited 2WD at a cost of $2,130 per year.

The tables shown below display trim level insurance rates for each 2016 model, plus an average rate for each model. The cheapest of the two models to insure for the 2016 model year is the Toyota Tundra.

2015 Ram Truck vs. Toyota Tundra

For the 2015 Ram Truck and Toyota Tundra models, the Toyota Tundra costs less to insure by $94 per year.

The chart below shows the average insurance cost for the two models with different drivers at the wheel. For the 2015 Ram Truck, average car insurance cost ranges from $1,604 to $3,618 per year for the five different driver ages shown in the chart. Full-coverage insurance for a 2015 Toyota Tundra costs from $1,518 to $3,432 on average per year.

The 2015 Ram Truck has 72 trim levels available, with the lowest-cost trim level to insure being the Tradesman 4WD model at an average cost of $1,564 per year, or around $130 per month. The 2015 Toyota Tundra has 25 trims available, with the lowest-cost model to insure being the Double Cab SR 2WD trim at an average cost of $1,578 per year, or $132 per month.

When comparing both models combined at a trim-level basis, the most affordable model and trim level to put coverage on is the Ram Truck Tradesman 4WD at an average rate of $1,564 per year. The most expensive model and trim level is the Ram Truck Crew Cab Laramie Longhorn 2WD costing an average of $2,018 per year.

The two tables below show trim level insurance rates for each 2015 model, including an overall average rate.

Additional Ram Truck and Toyota Tundra Resources

• Ram Truck Insurance Cost
• Toyota Tundra Insurance Cost
• Large Truck Insurance Cost Comparisons