- Toyota Venza insurance costs $1,732 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 $142 less per year on average as compared to other midsize SUVs
- The Venza LE trim level is the cheapest to insure at around $1,654 per year. The most expensive trim is the Limited at $1,794 per year.
How much does Toyota Venza car insurance cost?
Toyota Venza insurance averages around $1,732 a year for full coverage, or $144 each month. Plan on paying about $142 less annually to insure a Toyota Venza compared to the midsize SUVs average rate, and $151 less per year than the $1,883 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 $6,097 per year for a 16-year-old driver, $5,945 per year for a 17-year-old driver, and $5,398 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 $292 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 $2,476 per year for a 20-year-old driver and as much as $404 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 $454 per year.
- Young males pay a lot more for insurance. For a 2024 Toyota Venza, a 20-year-old male driver pays an average rate of $3,496 per year, while a 20-year-old female will pay an average of $2,494, a difference of $1,002 per year in the women’s favor by a large margin. But by age 50, male rates are $1,526 and the rate for females is $1,494, a difference of only $32.
- 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 $272 per year compared to a decent credit rating of 670-739. Conversely, a subpar credit score could cost as much as $315 more per year.
- As driver age goes up, rates trend downward. The difference in insurance cost on a 2024 Venza between a 60-year-old driver ($1,434 per year) and a 20-year-old driver ($3,496 per year) is $2,062, or a savings of 83.7%.
How does Venza insurance compare to similar vehicles?
When compared directly to popular models in the midsize SUV segment, Toyota Venza car insurance costs $198 less per year than the Hyundai Santa Fe, $246 less per year than the Kia Telluride, and $114 more per year than the Subaru Outback.
The Toyota Venza ranks 10th out of 34 comparison vehicles in the midsize SUV class. The Venza costs an average of $1,732 per year for insurance and the segment average is $1,874 annually, a difference of $142 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 and Model | Annual Premium | Difference |
|---|---|---|---|
| 1 | Honda Passport | $1,512 | -$220 |
| 2 | Nissan Murano | $1,594 | -$138 |
| 3 | Subaru Outback | $1,618 | -$114 |
| 4 | Buick Envista | $1,622 | -$110 |
| 5 | Subaru Ascent | $1,652 | -$80 |
| 6 | Volkswagen Atlas | $1,684 | -$48 |
| 7 | Volkswagen Atlas Cross Sport | $1,690 | -$42 |
| 8 | Ford Explorer | $1,722 | -$10 |
| 9 | Toyota Highlander | $1,728 | -$4 |
| 10 | Toyota Venza | $1,732 | -- |
| 11 | Chevrolet Traverse | $1,770 | $38 |
| 12 | Mitsubishi Outlander Sport | $1,782 | $50 |
| 13 | Mitsubishi Outlander PHEV | $1,784 | $52 |
| 14 | Kia Sorento | $1,800 | $68 |
| 15 | Ford Edge | $1,802 | $70 |
| 16 | Buick Enclave | $1,828 | $96 |
| 17 | GMC Acadia | $1,832 | $100 |
| 18 | Honda Pilot | $1,848 | $116 |
| 19 | Mazda CX-9 | $1,852 | $120 |
| 20 | Jeep Grand Cherokee | $1,898 | $166 |
| 21 | Nissan Pathfinder | $1,928 | $196 |
| 22 | Hyundai Santa Fe | $1,930 | $198 |
| 23 | Hyundai Palisade | $1,932 | $200 |
| 24 | Chevrolet Blazer | $1,958 | $226 |
| 25 | Kia Telluride | $1,978 | $246 |
| 26 | Toyota 4Runner | $2,036 | $304 |
| 27 | Mazda CX-90 | $2,044 | $312 |
| 28 | Toyota Grand Highlander | $2,066 | $334 |
| 29 | Kia EV9 | $2,080 | $348 |
| 30 | Tesla Model Y | $2,100 | $368 |
| 31 | Ford Bronco | $2,104 | $372 |
| 32 | Jeep Wrangler | $2,168 | $436 |
| 33 | Rivian R1S | $2,328 | $596 |
| 34 | Dodge Durango | $2,330 | $598 |
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 February 23, 2024
What is the cheapest Toyota Venza insurance?
The cheapest model of Toyota Venza to insure is the base LE at an estimated $1,654 per year, or about $138 per month. The second cheapest model is the XLE at $1,732 per year, and the third cheapest trim (and most expensive) to insure is the Nightshade Edition at $1,748 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 2024 Toyota Venza package and trim level.
| 2024 Toyota Venza Trim Level | Annual Premium | Cost Per Month |
|---|---|---|
| LE | $1,654 | $138 |
| XLE | $1,732 | $144 |
| Nightshade Edition | $1,748 | $146 |
| Limited | $1,794 | $150 |
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 February 23, 2024
Do new Venza models cost more to insure?
A new 2024 Venza is definitely more expensive than an older model to insure. A 2015 Venza costs around $1,320 per year for insurance, $412 less per year than the 2024 Venza rate of $1,732.
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 $886 for a 60-year-old driver rated on a 2014 Toyota Venza to the most expensive rate of $3,496 for a 20-year-old driving a 2024 model year.
| Model Year and Vehicle | Driver Age 20 | Driver Age 40 | Driver Age 60 |
|---|---|---|---|
| 2024 Toyota Venza | $3,496 | $1,732 | $1,434 |
| 2023 Toyota Venza | $3,392 | $1,682 | $1,396 |
| 2022 Toyota Venza | $3,266 | $1,618 | $1,344 |
| 2021 Toyota Venza | $3,606 | $1,778 | $1,478 |
| 2015 Toyota Venza | $2,674 | $1,320 | $1,106 |
| 2014 Toyota Venza | $2,104 | $1,058 | $886 |
| 2013 Toyota Venza | $2,388 | $1,198 | $1,006 |
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 Venza trim levels for each model year. Updated February 23, 2024
