- Toyota Mirai insurance rates average $2,190 per year, $1,095 for a 6-month policy, or $183 per month.
- The cheapest Toyota Mirai insurance is on the Mirai XLE trim level at an average of $2,084 per year, or $174 per month.
- The model with the most expensive car insurance rates is the Mirai Limited at $2,294 per year, or around $191 per month.
- The Toyota Mirai is one of the more expensive small cars to insure for the 2023 model year, costing $433 more per year on average as compared to the rest of the vehicles in the segment.
How much does Toyota Mirai car insurance cost?
Average car insurance rates for a 2023 Toyota Mirai cost $2,190 per year on average for a full coverage policy, which equates to around $183 a month.
When priced by coverage type, liability and medical coverage costs an estimated $568 a year, comprehensive coverage is an estimated $542, and the remaining collision insurance will cost approximately $1,080.
The chart below illustrates how average Toyota Mirai car insurance rates vary depending on driver age and the chosen policy deductibles.
What is the cheapest Toyota Mirai insurance?
With Toyota Mirai insurance rates ranging from $2,084 to $2,294 per year for the average driver, the cheapest trim level to insure is the XLE. The Limited costs more to insure than the XLE model, at $2,294 per year.
The rate table below details average car insurance cost for each Toyota Mirai model and trim level.
| Toyota Mirai Trim Level | Annual Policy | Six-Month Policy | Per Month |
|---|---|---|---|
| XLE | $2,084 | $1,042 | $174 |
| Limited | $2,294 | $1,147 | $191 |
Is Toyota Mirai insurance expensive?
The Toyota Mirai ranks 15th out of 15 total comparison vehicles in the small car class. The Mirai costs an average of $2,190 per year to insure for full coverage and the class median rate is $1,757 per year, a difference of $433 per year.
When compared to other popular compact car models, insurance rates for a Toyota Mirai cost $462 more per year than the Honda Civic, $534 more than the Toyota Corolla, $554 more than the Nissan Sentra, and $262 more than the Hyundai Elantra.
The chart below shows how well Toyota Mirai car insurance cost compares to the top 10 most popular compact cars in the U.S. by sales volume. A table is included after the chart that ranks the entire 15 vehicle compact car segment by auto insurance affordability.
| Rank | Make/Model | Insurance Cost | Difference |
|---|---|---|---|
| 1 | Subaru Impreza | $1,462 | -$728 |
| 2 | Volkswagen Jetta | $1,610 | -$580 |
| 3 | Nissan Sentra | $1,636 | -$554 |
| 4 | Toyota Corolla | $1,656 | -$534 |
| 5 | Volkswagen Golf | $1,660 | -$530 |
| 6 | Toyota Prius | $1,662 | -$528 |
| 7 | Mazda 3 | $1,690 | -$500 |
| 8 | Honda Civic | $1,728 | -$462 |
| 9 | Kia Forte | $1,730 | -$460 |
| 10 | Mitsubishi Mirage G4 | $1,738 | -$452 |
| 11 | Nissan Leaf | $1,778 | -$412 |
| 12 | Nissan Versa | $1,882 | -$308 |
| 13 | Hyundai Elantra | $1,928 | -$262 |
| 14 | Toyota GR Corolla | $2,004 | -$186 |
| 15 | Toyota Mirai | $2,190 | -- |
How much is insurance on a used Mirai?
Buying insurance for a 2016 Mirai instead of a new 2023 model could save around $512 on a yearly basis. Even insuring a 2019 model could save $318 or more per year depending on the policy deductibles and limits.
The following data table shows typical insurance policy costs for a Toyota Mirai for a range of driver ages from 2016 through 2023. Average policy cost ranges from the most affordable rate of $1,558 for a 60-year-old driver rated on a 2017 Toyota Mirai to a high of $4,372 for a 20-year-old driver rated on a 2023 Mirai.
| Model Year and Vehicle | Driver Age 20 | Driver Age 40 | Driver Age 60 |
|---|---|---|---|
| 2023 Toyota Mirai | $4,372 | $2,190 | $1,958 |
| 2022 Toyota Mirai | $4,266 | $2,134 | $1,906 |
| 2021 Toyota Mirai | $3,958 | $1,980 | $1,774 |
| 2020 Toyota Mirai | $3,852 | $1,926 | $1,724 |
| 2019 Toyota Mirai | $3,742 | $1,872 | $1,678 |
| 2017 Toyota Mirai | $3,472 | $1,736 | $1,558 |
| 2016 Toyota Mirai | $3,338 | $1,678 | $1,500 |
