Insuring a Toyota Tacoma: What to Know in 2025

How much is insurance for a Toyota Tacoma?

From the SR XtraCab 2WD model up to the higher cost Trailhunter trim, we compared insurance cost for the Tacoma to see how average policy premiums compares to the rest of the midsize truck segment.

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  • Toyota Tacoma insurance cost averages $2,372 per year, $1,186 for a 6-month policy, or $198 per month.
  • The cheapest Tacoma to insure is the SR XtraCab 2WD trim level at an estimated $2,150 per year. The most expensive to insure is the Trailhunter at $2,610 annually.
  • When compared to the entire 2024 midsize truck segment, the Tacoma ranks seventh for insurance affordability, costing $7 more per year on average than comparable trucks.
  • Location is a big factor when buying Tacoma insurance. Full coverage rates can be less than $160 a month in states like Iowa, Virginia, North Carolina, and Maine, but over $240 a month in New Jersey, Michigan, and Rhode Island.

How much does Toyota Tacoma insurance cost?

2024 Toyota Tacoma insurance costs an average of $2,372 yearly, or around $198 each month. When compared to the entire midsize pickup segment, the Tacoma costs $7 less than the segment average, which is $2,365.

When compared to all 2024 model year vehicles, not just midsize pickups, insurance for a Tacoma costs 5.7% less than the national average car insurance rate of $2,512 per year.

Two important things that help determine how much you’ll pay to insure your Tacoma are your age and the deductibles you choose for your policy.

In general, the younger you are, the more you’ll pay for insurance, up to about age 65 when that trend reverses. And higher deductibles on your policy will cost less since you are choosing to pay more out-of-pocket in the event you have a claim.

The infographic below illustrates how 2024 Toyota Tacoma insurance rates are impacted by driver age and the policy deductible for physical damage coverage (comprehensive and collision). The overall average rate we use throughout our comparison is the one shown in the chart for a 40-year-old driver using $500 policy deductibles.

Average 2024 Toyota Tacoma car insurance premiums for different driver ages and policy deductibles.
Figure 1: Average 2024 Toyota Tacoma car insurance premiums for different driver ages and policy deductibles. Updated on June 27, 2025.

Get Rates in Your AreaWhy is this important?

Data Methodology: Average premiums are based on a 2024 model year Toyota Tacoma. Rates assume a clean driving record and no claims or at-fault accidents. Comprehensive and collision coverage is included as well as UM/UIM and medical payments coverage. Premium amounts are averaged across all trim levels.

2024 Toyota Tacoma Insurance Cost by Driver Age and Deductibles
Driver Age Policy Deductible Annual Premium Cost Per Month
20-Year-Old$1,000$4,114$343
$500$4,794$400
$250$5,516$460
30-Year-Old$1,000$2,144$179
$500$2,524$210
$250$2,918$243
40-Year-Old$1,000$2,024$169
$500$2,372$198
$250$2,734$228
50-Year-Old$1,000$1,808$151
$500$2,110$176
$250$2,424$202
60-Year-Old$1,000$1,692$141
$500$1,974$165
$250$2,268$189

Data Methodology: Rated driver has no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for the 2024 Toyota Tacoma. Updated June 27, 2025

As shown by the chart trends, insurance cost goes down with driver age, but goes up when deductibles are decreased. Younger drivers with low deductibles will pay the highest rates to protect their Tacoma, while older drivers who choose higher deductibles will pay the least.

Teen drivers cost considerably more to insure, with rates as high as $9,795 for a 16-year-old driving a 2024 Tacoma with full coverage and low deductibles.

Sales of the Toyota Tacoma in 2022 were more than double its nearest competitor. 237,323 Tacomas were sold in that year, with the Chevy Colorado coming in second at 89,197 units. The Jeep Gladiator ranked third at 89,197 models sold.

Which Tacoma has the cheapest insurance?

The Tacoma trim with the cheapest insurance rates is the SR XtraCab 2WD at an average cost of $2,150 per year. On the high end, the Trailhunter at $2,610 per year will cost the most to insure.

As buyers add options and packages to their Tacoma, the cost obviously increases. With higher MSRP (and vehicle value) insurance cost increases as well. The SR XtraCab 2WD starts at $28,750 and increases to $52,000 for the Trailhunter model, so insurance cost is going to be higher for the upper-end trim levels.

The table below shows average 2024 Tacoma insurance rates for various policy terms for each of the available trim levels and models.

2024 Toyota Tacoma Insurance Rates by Trim Level
2024 Toyota Tacoma Trim Level Annual Premium Cost Per Month
SR XtraCab 2WD$2,150$179
SR5 XtraCab 2WD$2,210$184
SR Double Cab 2WD$2,214$185
SR5 Double Cab 2WD$2,234$186
SR XtraCab 4WD$2,250$188
SR5 XtraCab 4WD$2,298$192
SR5 Double Cab 4WD$2,336$195
SR5 Double Cab V6 2WD$2,340$195
TRD PreRunner$2,346$196
TRD Off-Road Double Cab 2WD$2,376$198
SR5 Double Cab 4WD$2,402$200
TRD Sport Double Cab 2WD$2,408$201
TRD Sport Double Cab 4WD$2,438$203
TRD Off-Road Double Cab 4WD$2,438$203
Limited 2WD$2,466$206
Trail Special Edition AWD$2,472$206
Limited AWD$2,514$210
TRD Pro AWD$2,562$214
Trailhunter$2,610$218

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Updated June 26, 2025

Insurance cost by trim level for a 2024 Toyota Tacoma ranging from the SR XtraCab 2WD model at $2,150 per year to the Trailhunter model at $2,610
Insurance cost by trim level for a 2024 Toyota Tacoma ranging from the SR XtraCab 2WD model at $2,150 per year to the Trailhunter model at $2,610

The Tacoma vs. other midsize trucks: How does it rank?

When compared to all other midsize trucks, the Tacoma ranks seventh out of 10 total models for having the most affordable insurance rates at $2,372 per year. The cheapest to insure in the segment is the Chevrolet Colorado $2,064 per year.

The chart below shows how well Tacoma insurance prices fare against other midsize trucks like the Chevrolet Colorado, Ford Ranger, and Jeep Gladiator.

Average 2024 Toyota Tacoma car insurance premium compared to other midsize truck models.
Figure 2: Average 2024 Toyota Tacoma car insurance premium compared to other midsize truck models. Rates updated on June 26, 2025.

Data Methodology: Average rates are for a 2024 model year Toyota Tacoma. Rated driver is a 40-year-old married male driver with a clean driving record and no at-fault accidents. Average premium includes all Toyota Tacoma trim levels. Comprehensive and collision deductibles are $500 and rates are averaged for all U.S. states.

Toyota Tacoma Insurance Cost Compared to All Midsize Trucks
Rank Make and Model Annual Premium Difference
1Chevrolet Colorado$2,064-$308
2Nissan Frontier$2,216-$156
3Ford Ranger$2,238-$134
4Ford Maverick$2,272-$100
5Honda Ridgeline$2,324-$48
6Hyundai Santa Cruz$2,364-$8
7Toyota Tacoma$2,372--
8GMC Canyon$2,412$40
9Jeep Gladiator$2,468$96
10Rivian R1T$2,922$550

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each vehicle from the 2024 model year. Updated June 26, 2025

Another useful way to look at insurance rates is to compare the cost to insure other pickup models that have the closest purchase price to the Tacoma.

A 2024 Toyota Tacoma has an average MSRP of $37,588, which ranges from $28,750 to $52,000, depending on the exact trim level and option package.

The four midsize pickup models closest in price to the Toyota Tacoma are the Nissan Frontier, Hyundai Santa Cruz, Chevrolet Colorado, and Ford Ranger.

The list below shows how each of these models compares to the Tacoma for both average purchase price and the cost of insurance.

  • Compared to the Nissan Frontier – The average MSRP for a 2024 Toyota Tacoma is $1,996 more expensive than the Nissan Frontier, at $37,588 compared to $35,592. Insuring the Nissan Frontier costs an average of $156 less each year than the Toyota Tacoma.
  • Compared to the Hyundai Santa Cruz – The Hyundai Santa Cruz has an average sticker price of $35,036, ranging from $26,650 to $41,070, which is $2,552 cheaper than the average sticker price for the Toyota Tacoma. The cost to insure a Toyota Tacoma compared to the Hyundai Santa Cruz is $8 more per year on average.
  • Compared to the Chevrolet Colorado – Having an average MSRP of $40,308 ($30,695 to $60,095), the Chevrolet Colorado costs $2,720 more than the Toyota Tacoma. Insuring a Tacoma compared to the Chevrolet Colorado costs an average of $308 more every 12 months.
  • Compared to the Ford Ranger – The average MSRP for a 2024 Toyota Tacoma is $3,865 cheaper than the Ford Ranger, at $37,588 compared to $41,453. Insurance on a 2024 Toyota Tacoma costs an average of $134 more every 12 months than the Ford Ranger.

For more insurance cost comparisons for a Tacoma, see our full index page of comparisons.

If you use your Tacoma for off-roading or overlanding, be sure to check with your company about extra coverage for things like rooftop tents, performance suspension parts, and extra gear. They may not be covered by a standard policy.

Toyota Tacoma insurance: New versus used

Consumers generally tend to understand that newer vehicles cost more to insure. Insurance for a Tacoma tends to follow this general rule as well.

Every model year has a little different insurance cost, primarily due to an increased replacement cost value for newer models when compared to older models. Occasionally, insurance can be more expensive on an older model, as improvements in safety features can cause a newer model year to actually be cheaper to insure.

The table below shows average annual insurance rates for 2013 to 2024 Tacomas for three different driver ages.

Toyota Tacoma Insurance Cost by Model Year
Model Year and Vehicle Driver Age 20 Driver Age 40 Driver Age 60
2024 Toyota Tacoma$4,794$2,372$1,974
2023 Toyota Tacoma$4,184$2,078$1,730
2022 Toyota Tacoma$4,018$1,988$1,648
2021 Toyota Tacoma$3,742$1,854$1,540
2020 Toyota Tacoma$3,626$1,798$1,494
2019 Toyota Tacoma$3,518$1,742$1,448
2018 Toyota Tacoma$3,890$1,922$1,602
2017 Toyota Tacoma$3,682$1,820$1,518
2016 Toyota Tacoma$3,492$1,728$1,444
2015 Toyota Tacoma$3,094$1,534$1,286
2014 Toyota Tacoma$2,848$1,416$1,188
2013 Toyota Tacoma$2,792$1,388$1,166

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all Toyota Tacoma trim levels for each model year. Updated June 26, 2025

Average insurance rates for 2013 to 2024 Toyota Tacoma models for drivers age 20, 40 and 60
Average insurance rates for 2013 to 2024 Toyota Tacoma models for drivers age 20, 40 and 60

Location and the cost of insuring a Toyota Tacoma

Your location is one of the primary factors that determine how much Tacoma insurance costs, along with your age, driving record, and policy coverage.

Insurance regulation is handled at the state level, which causes different states to have vastly different car insurance rates. And even within any one state, rates vary significantly depending on where you live.

The chart below shows how much insurance averages on a 2024 Toyota Tacoma in thirty of the largest metro areas in America.

Average car insurance rates for a 2024 Toyota Tacoma in larger U.S. cities.
Figure 3: Average car insurance rates for a 2024 Toyota Tacoma in larger U.S. cities. Rates updated on June 26, 2025.

Data Methodology: Average car insurance rates for a 2024 Toyota Tacoma assume a 40-year-old married male driver with no driving violations or at-fault accidents in the last three years. Comprehensive and collision deductibles are $500, UM/UIM and medical payments coverage is included, and rates are averaged for all trim levels and U.S. Zip Codes.

Toyota Tacoma Insurance Rates by Location
Location Annual Premium Cost Per Month
New York, NY$3,852$321
Philadelphia, PA$3,502$292
Las Vegas, NV$3,494$291
Los Angeles, CA$3,488$291
San Francisco, CA$3,120$260
Kansas City, MO$2,858$238
Oklahoma City, OK$2,858$238
Denver, CO$2,816$235
Memphis, TN$2,816$235
Atlanta, GA$2,790$233
San Jose, CA$2,730$228
Phoenix, AZ$2,678$223
Portland, OR$2,656$221
San Diego, CA$2,640$220
Boston, MA$2,638$220
Chicago, IL$2,580$215
Dallas, TX$2,550$213
Houston, TX$2,542$212
Seattle, WA$2,536$211
Jacksonville, FL$2,486$207
Nashville, TN$2,470$206
Milwaukee, WI$2,460$205
Albuquerque, NM$2,428$202
San Antonio, TX$2,378$198
Omaha, NE$2,330$194
Fort Worth, TX$2,322$194
Austin, TX$2,300$192
Indianapolis, IN$2,162$180
Columbus, OH$2,052$171
Charlotte, NC$1,992$166

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for a 2024 Toyota Tacoma and all Zip Codes in each city. Updated June 26, 2025

As mentioned earlier, state regulations affect insurance rates. Some states have more favorable liability laws that help keep the cost of car insurance down. While others are known for having laws that lead to insurance fraud and inflated costs for medical payments and liability claims.

The table below shows estimated auto insurance rates for a 2024 Toyota Tacoma in all 50 states.

2024 Toyota Tacoma Average Insurance Cost by State
U.S. State Annual Premium Cost Per Month
Alabama$2,330$194
Alaska$2,078$173
Arizona$2,358$197
Arkansas$2,588$216
California$2,878$240
Colorado$2,634$220
Connecticut$2,706$226
Delaware$2,750$229
Florida$2,790$233
Georgia$2,544$212
Hawaii$1,944$162
Idaho$2,002$167
Illinois$2,290$191
Indiana$2,060$172
Iowa$1,920$160
Kansas$2,478$207
Kentucky$2,632$219
Louisiana$2,694$225
Maine$1,804$150
Maryland$2,382$199
Massachusetts$2,664$222
Michigan$2,896$241
Minnesota$2,258$188
Mississippi$2,460$205
Missouri$2,734$228
Montana$2,362$197
Nebraska$2,214$185
Nevada$2,854$238
New Hampshire$1,924$160
New Jersey$2,880$240
New Mexico$2,192$183
New York$2,788$232
North Carolina$1,844$154
North Dakota$2,204$184
Ohio$1,974$165
Oklahoma$2,688$224
Oregon$2,390$199
Pennsylvania$2,436$203
Rhode Island$2,930$244
South Carolina$2,220$185
South Dakota$2,556$213
Tennessee$2,420$202
Texas$2,382$199
Utah$2,288$191
Vermont$2,026$169
Virginia$1,916$160
Washington$2,334$195
West Virginia$2,314$193
Wisconsin$2,002$167
Wyoming$2,310$193

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Updated June 26, 2025

Average annual premium and cost per month to insure a 2024 Toyota Tacoma in all 50 U.S. States
Average annual premium and cost per month to insure a 2024 Toyota Tacoma in all 50 U.S. States

Author’s thoughts on insuring a Toyota Tacoma

As the numbers show, the Tacoma is definitely not the cheapest midsize truck to insure for the new model year. It was definitely more competitive in the segment in prior model years.

However, most Tacoma owners are diehard Toyota fans and the cost of insurance really is a secondary thought. I follow several Tacoma groups on Facebook and insurance rates rarely come up in discussions. Peeling paint, poor gas mileage, and lack of power from the old V6 are probably the primary discussions I see.

But do those issues dissuade people from buying the next generation of Tacoma? Oh heck no!

Tacoma owners pay a premium to own a truck with high reliability, and seeing the amount of overland and off-road accessories these same owners add to their new stock TRD-Pro or Off-Road model, I don’t think paying a couple hundred dollars extra per year to insure it even enters their mind.

The newly redesigned Tacoma has been long-awaited, and is much more than a model year refresh. Along with new looks and features, it also comes with a higher sticker price, which is not unexpected.

Having insured all sizes and types of trucks, along with owning more trucks than I probably should have, the Tacoma is honestly near the top of my list for my next truck. As I’ve watched the prices of new full-size trucks skyrocket, the price of the Tacoma is actually quite digestible.

Tacoma owners will always debate if switching to a 4-cylinder turbo was a smart move on Toyota’s part, but with higher torque and better fuel economy, I would have no problem stepping down in size from my current F-150 into a Tacoma.

The TRD-Pro seats are definitely interesting I will admit that, and may be slightly overkill for the amount of off-roading I do. If money was no object, the Trailhunter would be my choice simply based on appearances only. In my opinion, it’s one of the best looking trucks currently available in any size or brand.

When it comes down to insuring your Tacoma, let’s face it, insurance is expensive no matter what you drive. So if buying a Tacoma gives you that warm fuzzy feeling every time you see it parked in the driveway, don’t sweat the cost of coverage. It’s worth it.

Ryan GrabensteinDuring his career as an independent insurance agent, Ryan Grabenstein was appointed with Progressive, Allstate, Nationwide, Travelers, and many smaller regional and mutual companies. He has a Bachelor's degree in Finance from the University of Nebraska at Lincoln and Certified Insurance Counselor (CIC) personal and commercial lines training.