Spend Less on Toyota 4Runner Insurance: 2025 Guide to Savings

The Toyota 4Runner debuted over 40 years ago and has been a staple on off-road trails ever since. The reliability and ruggedness of this midsize SUV is only outdone by the loyalty of the people who drive it.

And with customer loyalty comes the desire to insure this off-road beast with coverage that drivers can count on when the going gets tough.

But how much does insurance cost for a 4Runner? And if you already have one and insure one, what factors might be causing your insurance to cost more than you’d like?

We tackle these questions and more in order to help you understand the how’s and why’s of Toyota 4Runner insurance.

Insuring Your 4Runner: What’s it Gonna Cost?

Toyota 4Runner insurance costs an average of $2,510 per year, or about $209 each month. With the average midsize SUV costing $2,314 a year to insure, the Toyota 4Runner ranks 26^th out of 34 vehicles in the midsize SUV class for insurance affordability.

But wait. There’s a big asterisk on this average rate because of all the different things that go into calculating the rate you pay.

Unless you’re a 40-year-old male driver with a clean driving record and no prior claims, then your rate is probably going to vary from this benchmark. But how much?

Let’s first take a look at Toyota 4Runner insurance rates based on different driver ages and policy deductible levels. That’s as good a place to start as any.

The infographic below shows 2024 Toyota 4Runner car insurance rates grouped by driver age for $250, $500, and $1,000 policy deductibles.

There are two trends in the data above that are important to point out:

Younger Drivers Pay More

The first and most obvious is the fact that the 20-year-old drivers pay a heck of a lot more to insure a 4Runner than the 60-year-old drivers. Why is this?

Honestly, it’s common sense. And what I mean is that 20-year-old drivers don’t always have a lot of it.

Younger drivers make some bad decisions behind the wheel, and because of that, they pay more for car insurance.

Distractions and an overestimation of their driving abilities make a hazardous combination that often leads to accidents or tickets. It’s because of this that car insurance companies assume more risk insuring younger drivers, and more risk means more premium is needed to cover that risk.

As we age, we tend to get a little more mellow behind the wheel, which in turn results in fewer accidents. We also have less tendency to file smaller claims, because we know that filing a claim can result in a premium increase.

Lower Deductibles Result in Higher Rates

The second key trend in the data we want to highlight is the difference that your choice of deductible makes on the rate you pay.

Your deductible is the amount you have to pay before your insurance company pays the rest.

Here’s an example of how a deductible works.

Let’s say you take your 4Runner overlanding in Moab and you misjudge the approach angle on a boulder. Your Falken Wildpeaks lose grip on the rock and your 4Runner slides and sustains $4,200 damage to the rocker panel, driver’s door, and undercarriage.

You have a $1,000 deductible for your collision coverage on your policy, which is the coverage that will pay for the repairs. You will pay the first $1,000 of the repair bill, and your insurance company will cover the remaining $3,200.

Now, had you elected a $250 deductible instead of a $1,000 deductible, you only would have paid $250 out-of-pocket and your insurance company would cover $3,950 of the repair bill.

However, from our data shown in the infographic for the average 40-year-old driver, the annual cost difference between a $250 deductible and a $1,000 deductible is $728.

So even though you paid an extra $750 out-of-pocket for the repairs with a $1,000 deductible, the savings on your car insurance premium almost made up that difference.

Whether you choose a low deductible or higher deductible really just boils down to the amount you’re comfortable paying in the event of a claim. If you don’t have the financial resources available to pay a higher deductible, or you tend to have more frequent claims, then a lower deductible may benefit your situation.

SR5 vs. TRD vs. Limited: Trim Level Matters

With 2024 Toyota 4Runner insurance rates ranging from $2,408 to $2,652 per year on average, the most budget-friendly model to insure is the SR5 2WD. The second cheapest trim level to insure is the SR5 4WD at $2,446 per year.

The Toyota 4Runner models with the most expensive insurance rates are the TRD Pro 4WD and the Limited 2WD at $2,578 per year. Those models will cost an extra $244 per year over the least expensive SR5 2WD model.

The table below shows the average car insurance cost for different policy terms for each trim level of 2024 Toyota 4Runner.

Toyota 4Runner Versus the Competition

The Toyota 4Runner ranks 26^th out of 34 total vehicles in the midsize SUV category. A 2024 4Runner costs an estimated $2,510 per year to insure for full coverage and the class median average cost is $2,314 per year, a difference of $196 per year.

When compared directly to the most popular models in the midsize SUV category, insurance for a Toyota 4Runner costs $378 more per year than the Toyota Highlander, $168 more per year than the Jeep Grand Cherokee, $128 more per year than the Hyundai Santa Fe, and $324 more per year than the Chevrolet Traverse.

The chart below shows how Toyota 4Runner car insurance rates compare against other top-selling midsize SUVs. Following the chart, a table shows rankings for all 34 vehicles in the segment plus the amount each differs in cost to insure from the 4Runner.

Insurance Costs Less on Older Models

As your 4Runner gets older, it’s worth less. That goes for basically any vehicle. And with a reduced value comes reduced replacement cost. That’s the cost your insurance company would have to pay to replace your 4Runner if you totaled it out.

The good thing about this reduced value is it impacts your insurance rates in a positive manner. Lower replacement cost means cheaper rates.

The following table shows average full coverage insurance rates for a Toyota 4Runner for the 2013 to 2024 model years. Data includes average rates for drivers aged 20 to 60.

Toyota 4Runner liability insurance

For older 4Runners, it makes sense to drop full coverage and just insure with liability insurance.

At some point in every vehicle’s life, it just doesn’t make sense to continue paying for comprehensive and collision coverage because the vehicle just isn’t worth enough to justify the extra cost.

The point at which you drop full coverage is really a personal decision. If you totaled out your vehicle would you have enough savings to buy a different one? Or if your vehicle is damaged and in the shop for a week do you have another vehicle to drive or funds available to rent a car?

Those are the kinds of things to think about when dropping full coverage from your policy.

As far as the cost difference between full coverage and liability-only insurance go, the table below details the average cost difference for the 2000 to 2012 4Runner model years.

Liability insurance prices on a 4Runner vary considerably depending on the state you live in, so it’s always a good idea to get some quotes to see how rates stack up. Each state has a minimum liability amount that is required, but that minimum amount is often inadequate in the case of more serious claims and accidents.

Toyota 4Runner Insurance Where You Live

If you live in a state like Virginia, Iowa, Maine, or North Carolina, consider yourself lucky to have some of the cheaper car insurance rates in the country.

On the flip side, if you live in Michigan, Louisiana, Florida, or Nevada, you’re going to be paying some of the highest rates to insure your 4Runner.

In the middle are states like Oregon, Tennessee, and Pennsylvania, with average Toyota 4Runner insurance rates of $2,528, $2,562, and $2,580 per year, respectively.

The table below shows average 2024 Toyota 4Runner insurance rates for all 50 states in the U.S.

Additional Rates and Observations

Other rate information pertaining to policy discounts, deductibles, and even savings tips can be found below.

• Increasing deductibles makes car insurance cheaper. Boosting your deductibles from $500 to $1,000 could save around $354 per year for a 40-year-old driver and $702 per year for a 20-year-old driver.
• Lowering deductibles results in a more expensive policy. Decreasing your policy deductibles from $500 to $250 could cost an additional $374 per year for a 40-year-old driver and $744 per year for a 20-year-old driver.
• Fewer violations mean cheaper insurance rates. If you want the cheapest 4Runner car insurance rates, it pays to avoid traffic citations. Just a few minor infractions on your driving record have the consequences of increasing policy cost as much as $688 per year.
• Improve your credit for cheaper 4Runner car insurance. In states that allow a policyholder’s credit rating to be used as a factor in determining insurance rates, drivers with high 800+ credit scores could possibly save as much as $394 per year versus a slightly lower credit rating between 670-739. Conversely, a mediocre credit rating could cost up to $457 more per year.
• Policy discounts save money. Discounts may be available if the insureds are homeowners, are claim-free, insure their home and car with the same company, are military or federal employees, or many other discounts which could save the average driver as much as $430 per year.
• High-risk drivers pay a lot more for insurance. For a 40-year-old driver, having enough accidents and violations to require a high-risk insurance policy can potentially increase rates by $3,126 or more per year.