Compare car insurance policies with Compare the Market
Savvy is partnered with Compare the Market to help you compare a range of car insurance policies from a panel of trusted providers.
Compare instant online car insurance quotes for your Toyota in one place today.
Fact checked
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.
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:
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:
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.
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.
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.
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.
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.
The most basic type of optional cover available, TPPD insurance can offer protection for damage caused by your vehicle to other people's property. However, no damage to your vehicle will be covered.
A step up from TPPD, TPFT insurance can also cover damage to your vehicle sustained due to a fire or theft (or attempted theft) in addition to third-party property damage if you're in an at-fault accident.
The most extensive (and expensive) form of cover, comprehensive car insurance can also offer cover for damage to your vehicle in an accident, collision and certain weather events on top of the areas TPFT covers.
Select your car make and find out how much it may cost to insure, read helpful guides and compare quotes.
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.
Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.
We’re partnered with lenders, insurers and other financial institutions who compensate us for business initiated through our website. We earn a commission each time a customer chooses or buys a product advertised on our site, which you can find out more about here, as well as in our credit guide for asset finance. It’s also crucial to read the terms and conditions, Product Disclosure Statement (PDS) or credit guide of our partners before signing up for your chosen product. However, the compensation we receive doesn’t impact the content written and published on our website, as our writing team exercises full editorial independence.
For more information about us and how we conduct our business, you can read our privacy policy and terms of use.
© Copyright 2024 Quantum Savvy Pty Ltd T/as Savvy. All Rights Reserved.
© Copyright 2024 Quantum Savvy Pty Ltd T/as Savvy. All Rights Reserved.
Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.
We’re partnered with lenders, insurers and other financial institutions who compensate us for business initiated through our website. We earn a commission each time a customer chooses or buys a product advertised on our site, which you can find out more about here, as well as in our credit guide for asset finance. It’s also crucial to read the terms and conditions, Product Disclosure Statement (PDS) or credit guide of our partners before signing up for your chosen product. However, the compensation we receive doesn’t impact the content written and published on our website, as our writing team exercises full editorial independence.
For more information about us and how we conduct our business, you can read our privacy policy and terms of use.
