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Car Insurance for Toyota

Compare instant online car insurance quotes for your Toyota in one place today.

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, updated on February 16th, 2024       

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Toyota has established itself as the biggest manufacturer on the Australian market, more than doubling the yearly total registered by the second-best-selling brand, Mazda, in 2022. Regardless of which of Toyota’s vast range of models you own, though, it’s crucial to lock in the right insurance policy.

You can easily compare car insurance options side-by-side online right here, whether you have a Corolla, Camry, RAV4 or any other Toyota model. Don't leave the safety of your Toyota to chance; get started today to help you discover the best car insurance options available from trusted insurers.

Toyota Camry

How much does it cost to insure a Toyota in Australia?

Your personal circumstances, the Toyota model you select and a range of other variables will all affect how much your car insurance policy costs you.

It’s worth considering an example to gain a general idea of the potential cost, however. For instance, as someone insuring a 2020 Toyota HiLux Workmate, you might expect to pay between $887 and $2,898 per year (or $128 and $271 per month) for comprehensive cover based on a set of assumptions, which include the following:

  • 40-year-old male driver living in Sydney (postcode 2000)
  • Vehicle used for private purposes and commuting only
  • Average distance driven per year of 15,000km
  • Excess of $900
  • Maximum period without making a claim (no-claim bonus Rating 1)

Please note that the above premium amounts were acquired in June 2023 based on offers from a selection of Australian car insurance companies. It's vital to keep in mind that these rates are subject to fluctuation and may be adjusted depending on unique circumstances and profiles.

You can compare offers for all Toyota models, including the following:

  • Camry
  • C-HR
  • Coaster
  • Corolla
  • Corolla Cross
  • Fortuner
  • GR Corolla
  • GR Supra
  • GR Yaris
  • GR86
  • Granvia
  • HiAce
  • HiLux
  • Kluger
  • LandCruiser
  • Prado
  • RAV4
  • Yaris
  • Yaris Cross

What factors can influence car insurance prices for my Toyota?

Vehicle model and age

The model, age and condition of your Toyota play a significant role in determining insurance costs. Generally, high-performance or luxury models tend to have higher insurance premiums due to their higher repair and replacement costs. Additionally, newer vehicles may have higher premiums because they're more valuable and may require costlier repairs.

Driver's profile

Your personal profile, including factors like age, driving experience, and claims history, can influence your insurance rates. Younger and inexperienced drivers such as students may face higher premiums as they are considered higher risk. Maintaining a clean driving record and avoiding accidents and traffic violations can help lower your insurance costs.

Location

Your geographical location can also affect insurance prices. Factors such as the crime rate, frequency of accidents and population density in your area can influence the likelihood of filing a claim, which in turn affects your premiums. This also extends to your parking situation, with garaged vehicles tending to attract lesser premiums than those parked on the road.

Excess and choice of coverage

The level of coverage you choose and your excess amount can impact your insurance prices. Opting for higher coverage or a lower excess may lead to higher premiums, while choosing lower coverage limits or a higher excess can result in lower premiums. For instance, comprehensive insurance with a $750 excess would cost more than TPPD cover with a $1,000 excess.

Usage and distance driven

How you use your Toyota and your average annual distance driven can impact insurance prices. If you primarily use your car for personal purposes and have limited mileage, it may result in lower premiums compared to using it for business or extensive commuting. If you have a ute or van exclusively for business, you can expect different premiums.

Types of car insurance for Toyota

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Disclaimer:

Savvy (ABN 78 660 493 194, ACR 541 339) provides readers with a variety of car insurance policies to compare. Savvy earns a commission from our partnered insurers each time a customer buys a car insurance policy via our website. All purchases are conducted via our partners’ websites. The integrity of our comparison service is unaffected by our partnerships with those businesses and our effort remains to bring further brands that do not already use our comparison service onboard.

Savvy’s comparison service includes selected products from a panel of trusted insurers and does not compare all products in the market. Any advice presented above or on other pages is general in nature and doesn’t consider your personal or business objectives, needs or finances. It’s always important to consider whether advice is suitable for you before purchasing an insurance policy. We always recommend readers to consult the Product Disclosure Statement (PDS) of different policies before purchasing your car insurance.

Toyota Camry

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