Compare Toyota car insurance quotes.

Insurance coverage for your Toyota may depend on the types of claims you anticipate. Everyone drives differently, which is why the claims you’re most likely to file are different than those of others. However, the Insurance Institute for Highway Safety (IIHS) collects information about the types of claims most often filed by the drivers of different vehicles.

For example, among smaller models, drivers of the Toyota Corolla have filed the most claims for personal injury, medical payment and bodily injury. In every claim category, the Corolla ranked “substantially worse than average” — the worst ranking on a five-point scale. When it comes to mid-sized modes, both the Toyota Prius and the Toyota Camry also ranked “substantially worse than average” for comprehensive claims.

How much is insurance for a Toyota, you ask? There are many factors that come into play when it comes to how much you’ll pay in car insurance premiums. On the one hand, a new Toyota is more expensive than a used Toyota, which means that replacing it will cost more.

However, it’s also important to note that a used car is more likely to break down compared to a new car. Depending on how old your used Toyota is, your insurance company might deem it a higher risk than driving a new car.

The best car insurance policy for your Toyota depends on the model you’re driving as well as your own personal circumstances. For instance, you’ll likely want to purchase more insurance for a brand new Toyota Avalon as opposed to a used Toyota Corolla. Here’s some more information about what type of car insurance you need, and some additional coverages you may want.

In order to drive a vehicle, all Canadians must carry a basic level of third-party liability insurance. The required benefit may change depending on the province you live in.

Liability coverage protects you from insurance and legal costs if you injure another person in a collision. Accident benefits coverage, which is contained within third-party liability insurance, pays for your medical costs and provides you with replacement income if you are injured.

Based on your needs, you might want to add some of these coverages to your policy:

Collision insurance - This coverage provides compensation to be put towards a new car if yours is damaged in an accident.

Comprehensive insurance - This optional coverage pays for losses or damage to your car caused by things other than a collision: a fallen tree, a hail storm, or vandalism, for instance.

Extra car insurance can be worth purchasing if your car is a newer model. If it would be too expensive to pay for extensive repairs or to replace your car by paying out-of-pocket, extra insurance may be worth it.

Just remember that adding coverage will increase your auto insurance bill — but in some cases, that isn’t always a bad thing.

Getting the best insurance rate for your Toyota can be complicated. This is because there are so many different factors that can come into play. Your driving history will be the first thing insurance providers take into account when considering your premiums. If you’ve racked up any driving offences such as collisions or many speeding tickets, you’ll likely pay higher car insurance premiums. In addition, factors out of your control will also contribute to your premiums. Your age and location will also come into effect. This is why insurance for young drivers of Toyota vehicles will likely be more expensive. In addition, the loss ratios of the insurance company you’ve decided on will also come into play. This term refers to how much money your insurance provider paid out in customer claims that year, which they’ll need to make up for with premium income.

Lastly, the car you choose to drive may play a role in determining car insurance rates for your Toyota. The Insurance Bureau of Canada (IBC) collects claims data from insurance companies and compiles it in a database known as the CLEAR system. This data is then referenced by insurance providers in determining which vehicles are more prone to accidents in any particular year. The previously listed factors are more significant in calculating your premium, but the type of car you drive still matters.

The best way to calculate car insurance for your Toyota is to get a quote on LowestRates.ca. By comparing Toyota insurance quotes online, you’ll not only receive quotes provided from real car insurance providers, but you’ll be able to select the one that has the best car insurance rate for your Toyota. Compare Toyota insurance quotes today by entering your postal code and clicking the “Get Started” button.

Beyond the vehicle you choose to buy, a number of other factors can influence whether you get the best car insurance rates for your Toyota. Some of these may include, your driving record, the age of your vehicle, your age, and where you live. Select a few of these factors and describe them here.

• Where you live: Location has the potential to impact your auto insurance premiums depending on the weather conditions in your region, whether your area has a high crime rate, or even whether you live in a rural area as opposed to an urban area.
• Driver experience: Your age and level of driving experience is also a factor. For example, if you’re under the age of 25, you’ll likely pay a higher rate. In addition, the number of years you’ve had your license can also affect your rates.
• Driving record: Any driving convictions or at-fault accidents that have taken place over the last six years may also impact your rates. The more driving convictions you have, especially those resulting in a driver’s license suspension, can result in higher rates. At-fault accidents have a similar effect, as insurers interpret collisions to mean you’re a higher risk to insure.

Before your Toyota insurance is up for renewal, be sure to compare rates on LowestRates.ca to see how much you can save.

Shopping for Toyota insurance online is safe and fast.

If you’re in the market to buy or your current Toyota insurance is close to renewal, our secure online tool will provide quotes for Toyota insurance from Canada’s leading insurance companies. It takes most of our users three minutes or less.

After you receive your quotes, we’ll connect you with the agent or broker with your best Toyota insurance rate.

On average, LowestRates.ca users are able to lower their car insurance bill by 30%. Compare Toyota insurance quotes today and find out how much you can save.