Is it Cheaper to Insure a Toyota Corolla or Nissan Versa?

• A 2024 Toyota Corolla has cheaper car insurance rates than a 2024 Nissan Versa by an average of $28 per year, $2,282 compared to $2,310.
• For a 2024 Toyota Corolla, auto insurance rates cost from $2,078 to $2,582 per year, while a 2024 Nissan Versa ranges from $2,220 to $2,374, depending on the model being insured.
• With 15 models in the 2024 small car category, the Toyota Corolla ranks seventh and the Nissan Versa ranks ninth for overall car insurance affordability.
• The Toyota Corolla costs an average of 9.6% less per year than the 2024 model year average U.S. car insurance rate of $2,512, while the Nissan Versa averages 8.4% less per year.

2024 Toyota Corolla vs. Nissan Versa

Car insurance rates for a 2024 Toyota Corolla cost an average of $2,282 per year, whereas insurance for a 2024 Nissan Versa costs an average of $2,310 per year, making the Toyota Corolla the model with better average insurance cost.

Out of 12 trim levels for the 2024 Toyota Corolla, the cheapest average insurance prices are on the LE trim at a cost of $2,078 per year.

For the four trim levels available for the Nissan Versa, the cheapest 2024 trim to insure is the S Manual model at a cost of $2,220.

When comparing rates by trim level for both models, the lowest-cost model and trim is the Toyota Corolla LE at an average cost of $2,078 per year, and the most expensive model and trim level is the Toyota Corolla XSE Hatchback at a cost of $2,582 per year.

The rate table below compares the annual and monthly cost of car insurance for 2024 Toyota Corolla and Nissan Versa models, showing average cost for every trim level.

The rate chart below shows the average cost to insure the two models for the 20, 30, 40, and 50-year-old driver age groups. The average car insurance cost ranges from $2,034 to $4,562 per year for a 2024 Toyota Corolla, and $2,078 to $4,552 for a 2024 Nissan Versa for the illustrated age groups.

The next two tables show average car insurance rates for every trim level for both 2024 models, as well as the overall average rate for each model.

2023 Toyota Corolla vs. Nissan Versa

When comparing the Toyota Corolla and Nissan Versa for the 2023 model year, the model with the lower car insurance rates is the Toyota Corolla. Insurance on the Toyota Corolla averages $2,136 per year, whereas insurance for the Nissan Versa averages $2,416 per year.

Average insurance rates for the Corolla range from $2,028 per year for the LE model up to the most expensive rate of $2,208 for the XSE model. For the 2023 Versa, rates range from $2,328 per year on the S Manual model up to $2,486 on the SR model.

For the 2023 Toyota Corolla, the cheapest trims to insure are the LE, LE Hybrid, and SE Hatchback. The lowest-cost Nissan Versa models to insure include the S Manual, S CVT, and SV.

The next table compares the annual and monthly cost of car insurance for 2023 Toyota Corolla and Nissan Versa models, with the average insurance rate for each vehicle.

The following chart illustrates the average cost to insure both 2023 models for drivers from ages 20 to 50. Average full-coverage insurance ranges from $1,898 to $4,268 per year for a 2023 Toyota Corolla, and $2,178 to $4,862 on the 2023 Nissan Versa for the included age groups.

Out of eight trims for the 2023 Toyota Corolla, the most affordable average insurance prices are on the LE model at a cost of $2,028 per year. The 2023 Nissan Versa has four option levels available, with the most affordable trim level to insure being the S Manual trim at an average cost of $2,328 per year.

When rates are compared for the 12 different trim levels of both 2023 models, the lowest-cost model and trim level to buy insurance for is the Toyota Corolla LE at a cost of $2,028 per year, and the most expensive vehicle to insure is the Nissan Versa SR at an average cost of $2,486 per year.

The tables below break down trim level insurance rates for each 2023 model, as well as an average rate for each model. The winner for the 2023 car insurance rate comparison is the Toyota Corolla.

2022 Toyota Corolla vs. Nissan Versa

When comparing car insurance rates for 2022 models, the Toyota Corolla costs an average of $2,098 per year to insure and the Nissan Versa costs $2,414, making the Toyota Corolla the cheaper model to insure by $316.

The chart shown below shows the average cost to insure both models using drivers aged 20 to 50. For the 2022 Toyota Corolla, the average cost of car insurance ranges from $1,884 to $4,180 per year for the included age groups. Auto insurance for a 2022 Nissan Versa costs from $2,174 to $4,858 on average per year.

The 2022 Toyota Corolla has 12 trim levels available, with the lowest-cost model to insure being the L trim at an average cost of $1,998 per year. The 2022 Nissan Versa has three option levels available, with the most affordable model to insure being the S trim at an average cost of $2,366 per year, or $197 per month.

When comparing combined rates for both models from a trim-level perspective, the overall cheapest vehicle to insure is the Toyota Corolla L at an average of $1,998 per year, and the most expensive trim is the Nissan Versa SR at a cost of $2,492 per year.

The rate tables below display the average insurance cost by trim level for both 2022 models, along with the average rate for each model. The 2022 Toyota Corolla reigns victorious over the 2022 Nissan Versa for the cheapest average car insurance rates.

2021 Toyota Corolla vs. Nissan Versa

When comparing car insurance rates for 2021 models, the Toyota Corolla costs an average of $1,736 per year for a full-coverage policy and the Nissan Versa costs $2,164, making the Toyota Corolla the cheaper model to insure by $428 for this comparison year.

The next chart visualizes the average cost to insure both 2021 models with different ages of drivers. Average car insurance cost ranges from $1,548 to $3,450 per year for the 2021 Toyota Corolla, and $1,948 to $4,350 for the 2021 Nissan Versa for the included driver ages.

Out of 12 trims for the 2021 Toyota Corolla, the cheapest insurance prices are on the iM SE Hatchback trim at a cost of $1,640 per year, or $137 per month.

A 2021 Nissan Versa has five trim and option levels available, with the most affordable trim level to insure being the 1.6 S MT Sedan model at an average cost of $2,076 per year.

When comparing car insurance rates for both models by trim level, the lowest-cost model and trim level to buy insurance for is the Toyota Corolla iM SE Hatchback at an average rate of $1,640 per year, and the most expensive model and trim level is the Nissan Versa 1.6 SR Sedan at an average cost of $2,270 per year.

The rate tables below detail all the available trims for both 2021 models, as well as an average rate for each model.

2020 Toyota Corolla vs. Nissan Versa

When comparing average insurance cost for 2020 models, the Toyota Corolla costs $1,690 per year for a full-coverage policy and the Nissan Versa costs $2,110, making the Toyota Corolla the cheaper model by $420 for 2020.

The next chart visualizes the average car insurance cost for both 2020 models for the 20 to 50-year-old driver age groups. For the 2020 Toyota Corolla, the average cost of car insurance ranges from $1,508 to $3,364 per year for the five driver age examples in the chart. Auto insurance on a 2020 Nissan Versa ranges from $1,902 to $4,244 on average per year.

Out of 12 trim levels for a 2020 Toyota Corolla, the most affordable rates are on the L Hatchback model at a cost of $1,606 per year. For the five trim levels available for the Nissan Versa, the lowest-cost 2020 trim package to insure is the 1.6 S MT Sedan trim at a cost of $2,026.

When looking at the combined rates by trim for both models, the lowest-cost model and trim level to buy insurance for is the Toyota Corolla L Hatchback at a cost of $1,606 per year, and the overall most expensive vehicle to insure is the Nissan Versa 1.6 SR Sedan at an average cost of $2,210 per year.

The tables below break down the average cost to insure each trim level for a 2020 Toyota Corolla and Nissan Versa, including an overall average cost for each model.

2019 Toyota Corolla vs. Nissan Versa

When comparing car insurance rates for the 2019 Toyota Corolla and Nissan Versa models, the Toyota Corolla is cheaper by $300 per year.

The rate chart below displays the average cost to insure the two models for the 20, 30, 40, and 50-year-old driver age groups. For a 2019 Toyota Corolla, the average car insurance cost ranges from $1,388 to $3,066 per year for the included age groups. A full-coverage policy for a 2019 Nissan Versa costs from $1,672 to $3,712 on average per year.

The 2019 Toyota Corolla has 12 trims available, with the lowest-cost trim to insure being the L Hatchback model at an average cost of $1,516 per year.

Out of the six different option levels available for the Nissan Versa, the most affordable 2019 trim level to insure is the Note 1.6 S Hatchback model at a cost of $1,664.

When average car insurance prices for all 18 trim levels for both 2019 models are compared, the cheapest trim to insure is the Toyota Corolla L Hatchback at a cost of $1,516 per year. The most expensive trim is the Nissan Versa 1.6 SV Sedan costing $1,992 per year.

The next two tables display average car insurance rates for every trim level for both 2019 models, along with an average cost for each model. The winner for the 2019 car insurance cost comparison is the Toyota Corolla.

2018 Toyota Corolla vs. Nissan Versa

For 2018 Toyota Corolla and Nissan Versa models, the Nissan Versa costs less to insure by an average of $106 per year for this model year.

The following chart illustrates the average cost to insure the two models with different drivers at the wheel. For a 2018 Toyota Corolla, the average car insurance cost ranges from $1,690 to $3,748 per year for the five driver ages sampled in the chart. Auto insurance for a 2018 Nissan Versa ranges from $1,598 to $3,540 on average per year.

A 2018 Toyota Corolla has six trims available, with the most affordable trim to insure being the L Sedan trim at an average cost of $1,838 per year. For the six different trim levels available for a Nissan Versa, the lowest-cost 2018 model to insure is the Note 1.6 S Hatchback trim at a cost of $1,606.

When trim-level rates for both models are compared, the overall cheapest vehicle to buy insurance for is the Nissan Versa Note 1.6 S Hatchback at an average cost of $1,606 per year, and the highest-cost model and trim is the Toyota Corolla XSE Sedan costing an average of $1,950 per year.

The two tables below break down average car insurance cost by trim level for a 2018 Toyota Corolla and Nissan Versa, along with the average rate for each model. The cheapest model to insure for the 2018 model year is the Nissan Versa.

2017 Toyota Corolla vs. Nissan Versa

A 2017 Nissan Versa costs $90 less per year to insure per year on average than a 2017 Toyota Corolla, a difference of 5.1%.

The chart shown below visualizes the average cost to insure both 2017 models for four different driver age groups. Average insurance cost ranges from $1,646 to $3,646 per year on the 2017 Toyota Corolla, and $1,566 to $3,470 on a 2017 Nissan Versa for the five age groups shown in the chart.

For the seven trim levels available for the 2017 Toyota Corolla, the lowest-cost trim to insure is the L Sedan model at an average cost of $1,782 per year.

For the eight trim and option levels available for a Nissan Versa, the most affordable 2017 trim to insure is the Note 1.6 S Plus Hatchback trim at a cost of $1,560 per year, or $130 per month.

When rates for all 15 trim levels for both vehicles are compared, the lowest-cost model and trim level to put coverage on is the Nissan Versa Note 1.6 S Plus Hatchback at an average of $1,560 per year, and the most expensive model and trim level is the Nissan Versa 1.6 SL Sedan at an average cost of $1,940 per year.

The tables shown below display the average car insurance cost by trim level for each 2017 model, plus the average rate for each model. The model with the cheapest overall car insurance rates for 2017 is the Nissan Versa.

2016 Toyota Corolla vs. Nissan Versa

When comparing average insurance rates for the 2016 Toyota Corolla and Nissan Versa models, the Nissan Versa is cheaper by an average of $232 per year.

The next chart displays the average cost to insure the two models for drivers from ages 20 to 50. Average car insurance cost ranges from $1,466 to $3,232 per year on a 2016 Toyota Corolla, and $1,260 to $2,770 on the 2016 Nissan Versa.

A 2016 Toyota Corolla has 11 trims available, with the most affordable trim to insure being the L Sedan trim at an average cost of $1,556 per year.

The 2016 Nissan Versa has nine trims available, with the cheapest model to insure being the Note 1.6 S Hatchback model at an average cost of $1,236 per year.

When comparing car insurance rates for both models by trim level, the cheapest vehicle to buy insurance for is the Nissan Versa Note 1.6 S Hatchback at an average rate of $1,236 per year, and the highest-cost model and trim level is the Toyota Corolla LE Premium Sedan at an average cost of $1,700 per year.

The next tables show all the available trims for both 2016 models, as well as the overall average rate for each model. The winner for the 2016 car insurance rate comparison is the Nissan Versa.

2015 Toyota Corolla vs. Nissan Versa

A 2015 Nissan Versa costs $106 less per year to insure per year on average than a 2015 Toyota Corolla, a difference of 7.6%.

The next chart displays the average cost to insure both 2015 models rated for a variety of different driver ages. For the 2015 Toyota Corolla, the average insurance cost ranges from $1,296 to $2,854 per year for the age groups in the chart. Car insurance on the 2015 Nissan Versa ranges from $1,206 to $2,654 on average per year.

Out of 10 trims for a 2015 Toyota Corolla, the lowest-cost car insurance rates are on the L Sedan trim at a cost of $1,378 per year.

For the nine different trim levels available for the Nissan Versa, the cheapest 2015 trim level to insure is the Note 1.6 S Hatchback model at a cost of $1,206.

When average insurance prices for all 19 trim levels for both vehicles are compared, the cheapest model and trim level to put coverage on is the Nissan Versa Note 1.6 S Hatchback at a cost of $1,206 per year. The most expensive trim is the Nissan Versa 1.6 SL Sedan costing $1,568 per year.

The two tables below illustrate the average insurance cost by trim level for both 2015 models, plus an average rate for each model. The 2015 Nissan Versa has more affordable average car insurance than the 2015 Toyota Corolla.

Additional Toyota Corolla and Nissan Versa Resources

• Toyota Corolla Insurance Cost
• Nissan Versa Insurance Cost
• Small Car Insurance Cost Comparisons