- Toyota Venza insurance costs $1,650 per year for a full coverage policy, depending on the trim level.
- The Toyota Venza is one of the cheaper midsize SUVs to insure, costing $120 less per year on average as compared to other midsize SUVs
- The Venza LE trim level is the cheapest to insure at around $1,572 per year. The most expensive trim is the Limited at $1,710 per year.
How much does Toyota Venza car insurance cost?
Toyota Venza insurance averages around $1,650 a year for full coverage, or $138 each month. Plan on paying about $120 less annually to insure a Toyota Venza compared to the midsize SUVs average rate, and $78 less per year than the $1,728 average for all vehicles.
The following chart shows how average Toyota Venza car insurance rates vary depending on driver age and coverage deductibles.
Other notable rates and policy discounts available for Toyota Venza auto insurance include:
- Venza insurance rates for teenagers are high. Average rates for full coverage Venza insurance costs $5,886 per year for a 16-year-old driver, $5,514 per year for a 17-year-old driver, and $5,152 per year for an 18-year-old driver.
- Find cheaper rates by qualifying for policy discounts. Discounts may be available if the insureds insure their home and car with the same company, are senior citizens, are accident-free, work in certain occupations, take a defensive driving course, or many other policy discounts which could save the average driver as much as $276 per year on the cost of insuring a Toyota Venza.
- Careless drivers have higher insurance rates. Being the cause of frequent accidents will raise rates, potentially by an additional $2,310 per year for a 20-year-old driver and as much as $500 per year for a 60-year-old driver.
- Obey driving laws to save money. If you want to receive the lowest-priced Venza insurance rates, it pays to follow the law. Just one or two speeding tickets have the potential to raise policy rates by up to $432 per year.
- Young males pay a lot more for insurance. For a 2023 Toyota Venza, a 20-year-old male driver pays an average rate of $3,284 per year, while a 20-year-old female will pay an average of $2,432, a difference of $852 per year in the women’s favor by a large margin. But by age 50, male rates are $1,502 and the rate for females is $1,474, a difference of only $28.
- Improve your credit to save money. In states that have insurance regulations that allow credit ratings to be used as a price factor, having an excellent credit score over 800 could save $259 per year compared to a decent credit rating of 670-739. Conversely, a subpar credit score could cost as much as $300 more per year.
- As driver age goes up, rates trend downward. The difference in insurance cost on a 2023 Venza between a 60-year-old driver ($1,478 per year) and a 20-year-old driver ($3,284 per year) is $1,806, or a savings of 75.9%.
How does Venza insurance compare to similar vehicles?
When compared directly to popular models in the midsize SUV segment, Toyota Venza car insurance costs $276 less per year than the Jeep Grand Cherokee, $156 less than the Toyota Highlander, $108 more than the Ford Explorer, and $318 less than the Jeep Cherokee.
The Toyota Venza ranks ninth out of 31 comparison vehicles in the midsize SUV class. The Venza costs an average of $1,650 per year for insurance and the segment average is $1,770 annually, a difference of $120 per year.
The chart below shows where the average cost of insurance for a Venza lands amongst the top 10 most popular midsize SUVs in America.
| Rank | Make/Model | Insurance Cost | Difference |
|---|---|---|---|
| 1 | Honda Passport | $1,404 | -$246 |
| 2 | Subaru Ascent | $1,472 | -$178 |
| 3 | Ford Edge | $1,534 | -$116 |
| 4 | Ford Explorer | $1,542 | -$108 |
| 5 | Volkswagen Atlas | $1,546 | -$104 |
| 6 | Nissan Murano | $1,554 | -$96 |
| 7 | Subaru Outback | $1,558 | -$92 |
| 8 | Volkswagen Atlas Cross Sport | $1,616 | -$34 |
| 9 | Toyota Venza | $1,650 | -- |
| 10 | Kia Sorento | $1,660 | $10 |
| 11 | Hyundai Palisade | $1,680 | $30 |
| 12 | Toyota 4Runner | $1,696 | $46 |
| 13 | GMC Acadia | $1,726 | $76 |
| 14 | Chevrolet Traverse | $1,730 | $80 |
| 15 | Honda Pilot | $1,742 | $92 |
| 16 | Buick Enclave | $1,748 | $98 |
| 17 | Nissan Pathfinder | $1,760 | $110 |
| 18 | Mazda CX-9 | $1,762 | $112 |
| 19 | Mitsubishi Outlander Sport | $1,790 | $140 |
| 20 | Kia Telluride | $1,798 | $148 |
| 21 | Toyota Highlander | $1,806 | $156 |
| 22 | Chevrolet Blazer | $1,836 | $186 |
| 23 | Hyundai Santa Fe | $1,858 | $208 |
| 24 | Jeep Grand Cherokee | $1,926 | $276 |
| 25 | Jeep Cherokee | $1,968 | $318 |
| 26 | Jeep Wrangler | $2,008 | $358 |
| 27 | Ford Bronco | $2,014 | $364 |
| 28 | Tesla Model Y | $2,026 | $376 |
| 29 | Mitsubishi Outlander PHEV | $2,072 | $422 |
| 30 | Dodge Durango | $2,158 | $508 |
| 31 | Rivian R1S | $2,216 | $566 |
What is the cheapest Toyota Venza insurance?
The cheapest model of Toyota Venza to insure is the base LE at an estimated $1,572 per year, or about $131 per month. The second cheapest model is the XLE at $1,650 per year, and the third cheapest trim (and most expensive) to insure is the Nightshade Edition at $1,666 per year.
The table below shows the average car insurance rates for annual and 6-month policy terms, in addition to a monthly insurance rate, for each 2023 Toyota Venza package and trim level.
| Toyota Venza Trim Level | Annual Policy | Six-Month Policy | Per Month |
|---|---|---|---|
| LE | $1,572 | $786 | $131 |
| XLE | $1,650 | $825 | $138 |
| Nightshade Edition | $1,666 | $833 | $139 |
| Limited | $1,710 | $855 | $143 |
Do new Venza models cost more to insure?
A new 2023 Venza is definitely more expensive than an older model to insure. A 2015 Venza costs around $1,390 per year for insurance, $260 less per year than the 2023 Venza rate of $1,650.
The following data table illustrates average insurance cost data for a Toyota Venza for various Toyota Venza model years and driver age groups. Insurance rates range from a minimum of $982 for a 60-year-old driver rated on a 2014 Toyota Venza to the most expensive rate of $3,284 for a 20-year-old driving a 2023 model year.
| Model Year and Vehicle | Driver Age 20 | Driver Age 40 | Driver Age 60 |
|---|---|---|---|
| 2023 Toyota Venza | $3,284 | $1,650 | $1,478 |
| 2022 Toyota Venza | $3,160 | $1,586 | $1,418 |
| 2021 Toyota Venza | $3,488 | $1,746 | $1,560 |
| 2015 Toyota Venza | $2,778 | $1,390 | $1,244 |
| 2014 Toyota Venza | $2,166 | $1,096 | $982 |
| 2013 Toyota Venza | $2,484 | $1,258 | $1,122 |
