Toyota Venza Car Insurance Cost for 2023

Is a Toyota Venza cheap to insure?

From the LE model up to the Limited trim, we compared insurance rates on a 2023 Venza to see how prices rank against the midsize SUV segment.

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  • Toyota Venza insurance costs $1,608 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 $116 less per year on average as compared to other midsize SUVs
  • The Venza LE trim level is the cheapest to insure at around $1,532 per year. The most expensive trim is the Limited at $1,666 per year.

How much does Toyota Venza car insurance cost?

Toyota Venza insurance averages around $1,608 a year for full coverage, or $134 each month. Plan on paying about $116 less annually to insure a Toyota Venza compared to the midsize SUVs average rate, and $77 less per year than the $1,685 average for all vehicles.

The following chart shows how average Toyota Venza car insurance rates vary depending on driver age and coverage deductibles.

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Chart Data Details: Chart shows average insurance cost for a 2023 Toyota Venza with safe driver and claim-free discounts applied. Rates are for full-coverage insurance and averaged for all U.S. states and all Toyota Venza trim levels.Data last updated on January 23, 2023
Average Toyota Venza Insurance Cost
Toyota Venza Insurance Cost by Driver Age and Deductibles
Driver Age Deductible Annual Cost Monthly Cost
20$1,000$2,698$225
$500$3,198$267
$250$3,726$311
30$1,000$1,418$118
$500$1,696$141
$250$1,986$166
40$1,000$1,352$113
$500$1,608$134
$250$1,874$156
50$1,000$1,238$103
$500$1,466$122
$250$1,704$142
60$1,000$1,214$101
$500$1,438$120
$250$1,674$140

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 $5,736 per year for a 16-year-old driver, $5,370 per year for a 17-year-old driver, and $5,020 per year for a 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 $272 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 $2,248 per year for a 20-year-old driver and as much as $484 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 $420 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 $3,198 per year, while a 20-year-old female will pay an average of $2,368, a difference of $830 per year in the women’s favor by a large margin. But by age 50, male rates are $1,466 and the rate for females is $1,436, a difference of only $30.
  • 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 $252 per year compared to a decent credit rating of 670-739. Conversely, a subpar credit score could cost as much as $293 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 ($1,438 per year) and a 20-year-old driver ($3,198 per year) is $1,760, or a savings of 55%.

How does Venza insurance compare to similar vehicles?

When compared directly to popular models in the midsize SUV segment, Toyota Venza car insurance costs $268 less per year than the Jeep Grand Cherokee, $154 less than the Toyota Highlander, $104 more than the Ford Explorer, and $306 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 $1,608 per year for insurance and the segment average is $1,724 annually, a difference of $116 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.

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Chart Data Details: Average rates are for a 2023 model year Toyota Venza, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all Toyota Venza trim levels. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
Toyota Venza vs Top 10 Midsize SUVs Insurance Rate Comparison
Toyota Venza Insurance Cost Compared to All Midsize SUVs
Rank Make/Model Insurance Cost Difference
1Honda Passport$1,368-$240
2Subaru Ascent$1,434-$174
3Ford Edge$1,494-$114
4Ford Explorer$1,504-$104
5Volkswagen Atlas$1,506-$102
6Nissan Murano$1,516-$92
7Subaru Outback$1,518-$90
8Volkswagen Atlas Cross Sport$1,576-$32
9Toyota Venza$1,608--
10Kia Sorento$1,618$10
11Hyundai Palisade$1,638$30
12Toyota 4Runner$1,654$46
13GMC Acadia$1,682$74
14Chevrolet Traverse$1,684$76
15Honda Pilot$1,696$88
16Buick Enclave$1,702$94
17Nissan Pathfinder$1,712$104
18Mazda CX-9$1,720$112
19Mitsubishi Outlander Sport$1,744$136
20Kia Telluride$1,754$146
21Toyota Highlander$1,762$154
22Chevrolet Blazer$1,786$178
23Hyundai Santa Fe$1,810$202
24Jeep Grand Cherokee$1,876$268
25Jeep Cherokee$1,914$306
26Jeep Wrangler$1,952$344
27Ford Bronco$1,962$354
28Tesla Model Y$1,970$362
29Mitsubishi Outlander PHEV$2,018$410
30Dodge Durango$2,102$494
31Rivian R1S$2,160$552

What is the cheapest Toyota Venza insurance?

The cheapest model of Toyota Venza to insure is the base LE at an estimated $1,532 per year, or about $128 per month. The second cheapest model is the XLE at $1,608 per year, and the third cheapest trim (and most expensive) to insure is the Nightshade Edition at $1,624 per year.

Toyota Venza XLE Hybrid
Toyota emblem on front of 2021 Toyota Venza XLE Hybrid

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.

2023 Toyota Venza Insurance Cost by Trim Level
Toyota Venza Trim Level Annual Policy 6-month Policy Per Month
LE$1,532$766$128
XLE$1,608$804$134
Nightshade Edition$1,624$812$135
Limited$1,666$833$139

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2023 Toyota Venza, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
Toyota Venza Insurance Cost by Trim Level

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 $1,354 per year for insurance, $254 less per year than the 2023 Venza rate of $1,608.

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 $960 for a 60-year-old driver rated on a 2014 Toyota Venza to the most expensive rate of $3,198 for a 20-year-old driving a 2023 model year.

Toyota Venza Insurance Cost by Model Year
Model Year and Vehicle Driver Age 20 Driver Age 40 Driver Age 60
2023 Toyota Venza$3,198$1,608$1,438
2022 Toyota Venza$3,078$1,546$1,386
2021 Toyota Venza$3,396$1,700$1,520
2015 Toyota Venza$2,704$1,354$1,212
2014 Toyota Venza$2,110$1,070$960
2013 Toyota Venza$2,418$1,224$1,094

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates for each driver age group are for a 12-month period and assume a clean driving record and no at-fault accidents. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
Toyota Venza Insurance Cost by Model Year