Toyota Yaris Insurance on a Shoestring Budget: Find Out How

• Toyota Yaris insurance averages $1,752 per year or $876 for a semi-annual policy, depending on the trim level.
• The cheapest model of Toyota Yaris to insure is the LE Hatchback at around $1,672 per year, or about $139 per month.
• The Toyota Yaris is one of the cheaper small cars to insure, costing $221 less per year on average as compared to the rest of the vehicles in the segment.
• Deleting physical damage coverage on an older Toyota Yaris could save $594 per year, depending on the deductible level and the age of the driver rated on the vehicle.

How much does Toyota Yaris insurance cost?

Average Toyota Yaris insurance costs $1,752 a year for a full coverage, which is equal to about $146 a month. Collision coverage costs about $624 a year, comprehensive (or other-than-collision) coverage costs an estimated $384, and the remaining liability and medical payments insurance costs around $744.

The chart below illustrates average Toyota Yaris car insurance cost when rated with different driver ages and policy limits.

Expect to pay much higher rates for teen drivers on a Toyota Yaris. For example, a 16-year-old male driver with a clean driving record would pay around $6,466 a year for full coverage, while a 16-year-old female would pay about $6,025. By age 18, rates drop to around $5,404 for males and $5,034 for female drivers.

Is Toyota Yaris car insurance cheap?

With Toyota Yaris insurance rates ranging from $1,672 to $1,794 annually for the average driver, the most affordable trim level to insure is the Yaris LE Hatchback. The next cheapest trim level to insure is the XLE Sedan at $1,734 per year. On average, expect to budget a minimum of $139 per month to insure a Yaris for full coverage.

The three highest cost Yaris trim levels to insure are the Yaris XLE Hatchback, the L Sedan, and the LE Sedan trim levels at around $1,778,  $1,794, and $1,794 per year, respectively.

The rate table below shows the average auto insurance costs, in addition to a monthly budget amount, for each 2020 Toyota Yaris model and trim level.

The Yaris vs. other compact cars: How does it rank?

The Toyota Yaris ranks sixth out of 27 comparison vehicles in the 2020 compact car segment. The Yaris costs an average of $1,752 per year for full coverage insurance and the class average cost is $1,973 annually, a difference of $221 per year.

When compared to top-selling vehicles in the small car class, Toyota Yaris car insurance costs $122 less per year than the Honda Civic, $62 more than the Toyota Corolla, $68 less than the Nissan Sentra, and $478 less than the Hyundai Elantra.

The table below shows how Toyota Yaris insurance cost compares to the all vehicles in the 2020 small car segment.

How much does insurance cost on an older Yaris?

Opting to insure a 2013 Yaris in place of a new 2020 model year could save around $430 per year. Even opting for a gently used 2017 model could save you $200 per year.

The table below details estimated Toyota Yaris insurance cost for the 2013 to 2020 model years. Estimated policy costs range from a minimum of $1,322 for a 2013 Toyota Yaris to the most expensive yearly cost of $1,752 for a 2020 model.

On older models, it will probably be a good financial move to delete one or both physical damage coverages from the policy. As a vehicle drops in value over time, the cost of maintaining physical damage coverage begins to outweigh the added benefit. Deleting physical damage coverage on an older Toyota Yaris may save the average driver $594 per year, depending on the policy deductibles and the driver age.