Compare Toyota vs. Honda Car Insurance Rates [2024]
When comparing Toyota vs. Honda car insurance rates, it's not super cut and dry. The average Honda car insurance rates are $115 per month, while Toyota car insurance rates are $118 per month. Your car insurance rates will vary depending on the specific car model, your location, your driving record, and more. The best way to save on your Toyota or Honda auto insurance is to shop around.
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Kalyn Johnson
Insurance Claims Support & Sr. Adjuster
Kalyn grew up in an insurance family with a grandfather, aunt, and uncle leading successful careers as insurance agents. She soon found she has similar interests and followed in their footsteps. After spending about ten years working in the insurance industry as both an appraiser dispatcher and a senior property claims adjuster, she decided to combine her years of insurance experience with another...
Insurance Claims Support & Sr. Adjuster
UPDATED: Dec 27, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.
Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Dec 27, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.
Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- Some Toyotas are going to be cheaper to insure than some Hondas and vice versa.
- Knowing the class and model of car you want to buy will help in an insurance comparison.
- There is not one car that is the cheapest for every driver to insure.
- The average Honda car insurance rates are $115/mo.
- The average Toyota car insurance rates are $118/mo.
Many people who are in the market for a new car want to know whether or not one car has better insurance rates than another. For example, which is cheaper: Toyota or Honda?
The problem is, when it comes to a brand comparison, there is no way to say for sure that one make of car is cheaper to insure than another.
Are Hondas expensive to insure? Is Toyota or Honda better? Let’s look at Toyota vs. Honda car insurance costs and see how they stack up against each other.
Once you decide between a Honda or Toyota, make sure you compare quotes from the best auto insurance companies. Compare car insurance rates below by entering your ZIP code now.
Toyota vs. Honda Car Insurance Rates
What is the best car: Honda or Toyota? Though the details of Toyota car insurance rates vs. Honda car insurance terms should determine which is best for you, we can certainly make a comparison for your car insurance rates.
Are Hondas cheaper to insure? Let’s take a look.
Toyota vs. Honda Average Annual Car Insurance Rates
| Companes | Average Annual Rates for 2015 Honda Civic Sedan: LX with 2.0L 4cyl and CVT | Average Annual Rates for 2015 Toyota RAV4: XLE | Average Annual Rates for 2018 Honda Civic Sedan: LX with 2.0L 4cyl and CVT | Average Annual Rates for 2018 Toyota RAV4: XLE |
|---|---|---|---|---|
| USAA | $2,409.67 | $2,454.58 | $2,422.66 | $2,529.63 |
| State Farm | $3,024.24 | $3,226.02 | $3,189.99 | $3,418.33 |
| Geico | $3,092.58 | $3,090.89 | $3,338.87 | $3,337.18 |
| American Family | $3,178.82 | $3,326.18 | $3,721.32 | $3,496.99 |
| Nationwide | $3,547.84 | $3,517.03 | $3,361.93 | $3,328.57 |
| Farmers | $4,405.21 | $3,728.22 | $4,779.51 | $3,769.00 |
| Travelers | $4,420.37 | $4,383.78 | $4,661.22 | $4,708.19 |
| Progressive | $4,429.56 | $3,647.22 | $4,528.90 | $3,730.78 |
| Allstate | $4,753.69 | $4,324.99 | $5,380.28 | $4,947.90 |
| Liberty Mutual | $5,869.32 | $5,825.33 | $6,682.63 | $6,244.44 |
Because each car insurance company determines your rates differently, you’ll see that each insurer has a different annual cost. For the same driver with the same car, one company may cost much more than another.
USAA, AmFam, and State Farm charge more for a Toyota, but the rest of these major insurers charge more for a Honda.
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The Cheapest Toyota to Insure
The cheapest Toyota vehicle to insure is the Toyota Sienna.
Of course, the rates you are charged will change drastically if you have a bad driving record, multiple traffic violations, and so on.
The Toyota Sienna has been the recipient of several awards, including Best Overall Value by IntelliChoice, which is a company that helps you find the best car for your needs.
In addition, the Toyota Sienna was rated as the vehicle with the highest resale value by Kelley Blue Book.
The Cheapest Honda to Insure
Are Hondas expensive to insure?
The Honda CR-V is the cheapest Honda to insure with a rate of $960 a year.
Overall, compared to Toyota or even most other brands, Honda has several vehicles that are cheaper to insure.
The Honda Odyssey, which is Honda’s minivan, also has lower insurance costs than the average minivan, at $962 annually on average.
Read more: How much does car insurance cost for a Honda CR-V?
The Better Value of Toyota vs. Honda
Both Toyota and Honda have competitive insurance pricing.
- Both companies make safe cars that qualify for car insurance discounts.
- Both companies make vehicles that are priced economically.
Overall, when you compare the two companies in terms of cars, you will find that they rate almost the same when you talk about the same class of car.
Even safety ratings are fairly similar.
This video from AutoShow features two separate crash tests from the Insurance Institute for Highway Safety. One is for a 2016 Honda Civic, and one is for a 2017 Toyota Corolla.
Both small overlap crash tests received “good” ratings.
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Operating Costs of Toyota and Honda Vehicles
If you don’t have your heart set on a particular type of vehicle and insurance costs are the same, something that might help you make a decision about your vehicle is overall operation costs.
Operation costs include things like:
- How many miles you get per gallon of gas
- How often you have to change your oil
- The cost of new tires for your vehicle
- How often you have to change a tire
Depreciation and insurance costs are also included in the operating costs of a vehicle.
In the case of Toyota vs. Honda, the Toyota Sienna has lower operating costs according to IntelliChoice.
The Lowest Car Insurance Rates for You
Despite all the good news about Toyota and Honda and the low rates that they offer, it’s important to keep a few things in mind.
Several factors affect your car insurance rates:
- Your driving record
- Your credit score
- Your location and car theft rates
- Number of miles driven
Below are annual car insurance rates by state. You can see just how rates change based on your location.
Average Annual Car Insurance Rates by State
| States | Average Annual Liability Rates | Average Annual Collision Rates | Average Annual Comprehensive Rates | Average Annual Full Coverage Rates |
|---|---|---|---|---|
| North Dakota | $282.55 | $252.21 | $112.74 | $741.11 |
| South Dakota | $289.04 | $251.30 | $110.12 | $1,206.46 |
| Iowa | $293.34 | $251.46 | $230.65 | $819.14 |
| Wyoming | $323.38 | $270.48 | $222.86 | $816.71 |
| Maine | $333.92 | $331.72 | $146.77 | $1,077.97 |
| Idaho | $337.17 | $284.92 | $117.98 | $833.44 |
| Vermont | $340.98 | $278.38 | $118.31 | $737.67 |
| Kansas | $342.33 | $255.33 | $130.15 | $904.39 |
| Nebraska | $349.07 | $293.78 | $116.79 | $1,057.63 |
| North Carolina | $357.59 | $227.44 | $227.64 | $737.63 |
| Wisconsin | $359.84 | $209.93 | $126.34 | $696.11 |
| Indiana | $372.44 | $207.10 | $171.58 | $672.01 |
| Alabama | $372.57 | $299.10 | $146.28 | $817.95 |
| Ohio | $376.16 | $298.21 | $201.56 | $941.34 |
| Arkansas | $381.14 | $304.87 | $183.36 | $869.37 |
| Montana | $387.77 | $223.50 | $206.24 | $778.81 |
| New Hampshire | $393.24 | $365.23 | $123.18 | $1,353.96 |
| Tennessee | $397.73 | $290.39 | $135.62 | $823.74 |
| Missouri | $399.41 | $254.90 | $199.87 | $842.54 |
| Virginia | $413.12 | $264.70 | $129.89 | $807.71 |
| Illinois | $430.54 | $237.19 | $115.02 | $724.65 |
| Mississippi | $437.38 | $259.65 | $166.34 | $825.40 |
| Minnesota | $439.58 | $302.96 | $194.74 | $935.08 |
| Oklahoma | $441.57 | $212.47 | $89.66 | $855.57 |
| Hawaii | $458.49 | $209.00 | $110.78 | $656.95 |
| New Mexico | $462.21 | $358.45 | $156.66 | $1,300.09 |
| California | $462.95 | $364.56 | $99.29 | $926.79 |
| Utah | $471.26 | $254.41 | $106.57 | $832.24 |
| Colorado | $477.10 | $263.36 | $158.34 | $898.79 |
| Arizona | $488.59 | $259.31 | $184.20 | $932.10 |
| Georgia | $490.64 | $297.75 | $100.09 | $856.33 |
| Pennsylvania | $495.02 | $377.06 | $122.17 | $1,219.29 |
| South Carolina | $497.50 | $200.10 | $228.59 | $717.73 |
| Texas | $498.44 | $340.51 | $186.70 | $1,025.64 |
| West Virginia | $501.44 | $319.10 | $195.04 | $1,015.57 |
| Kentucky | $518.91 | $391.03 | $208.59 | $1,326.78 |
| Alaska | $547.34 | $360.18 | $141.08 | $1,048.60 |
| Oregon | $553.43 | $307.31 | $132.01 | $934.34 |
| Washington | $568.92 | $250.13 | $104.11 | $923.16 |
| Massachusetts | $587.75 | $383.21 | $147.02 | $1,252.27 |
| Maryland | $599.48 | $358.68 | $128.92 | $1,075.35 |
| District of Columbia | $628.09 | $449.27 | $230.25 | $1,307.62 |
| Connecticut | $633.95 | $348.70 | $126.02 | $1,108.67 |
| Nevada | $647.07 | $281.70 | $103.03 | $777.98 |
| Rhode Island | $720.06 | $247.62 | $165.38 | $910.51 |
| Michigan | $722.04 | $214.02 | $173.04 | $826.64 |
| Louisiana | $727.15 | $249.00 | $96.66 | $679.56 |
| Delaware | $776.50 | $296.60 | $113.23 | $1,186.33 |
| New York | $784.98 | $264.58 | $123.00 | $745.17 |
| Florida | $845.05 | $320.45 | $153.61 | $964.70 |
| New Jersey | $865.55 | $267.48 | $166.89 | $896.58 |
Each insurer also bases your rates upon your individual information, including your driving record and credit score.
You cannot base your rates on what the national average might be. You must get your own rates by getting quotes and comparing them yourself.
Whether you have a Toyota or Honda, you can get the best car insurance rates by shopping around. Enter your ZIP code below and compare car insurance rates right now.
Frequently Asked Questions
Are car insurance rates higher for Toyota or Honda vehicles?
Car insurance rates can vary based on several factors, including the specific model and year of the vehicle, your location, driving record, and other personal factors. Generally, Toyota and Honda vehicles tend to have comparable insurance rates. However, rates can vary between individual models, so it’s essential to compare quotes from different insurance companies to get an accurate understanding of the insurance rates for the specific Toyota or Honda model you are considering.
Which factors affect car insurance rates for Toyota and Honda vehicles?
Several factors influence car insurance rates for both Toyota and Honda vehicles. These factors include the make and model of the vehicle, the age of the driver, driving record, location, coverage options selected, deductible amount, and the frequency of insurance claims for the particular model. Safety features, repair costs, and the likelihood of theft or accidents associated with a specific Toyota or Honda model can also impact insurance rates.
Do Toyota or Honda vehicles offer better car insurance discounts?
Both Toyota and Honda vehicles can qualify for various car insurance discounts, but the availability of discounts may vary depending on the specific model and the insurance company. Common discounts include safe driver discounts, multi-policy discounts (for bundling multiple policies with the same insurer), good student discounts, and discounts for having safety features installed in the vehicle. It’s recommended to contact insurance companies directly to inquire about the available discounts for the specific Toyota or Honda model you are interested in.
How can I compare car insurance rates for Toyota and Honda vehicles?
To compare car insurance rates for Toyota and Honda vehicles, you can start by requesting quotes from different insurance companies. You can contact insurance companies directly or use online comparison tools that allow you to obtain multiple quotes at once. Provide accurate information about the vehicle, your driving history, and coverage preferences to get the most accurate quotes. By comparing rates from multiple insurers, you can find the best insurance options for your Toyota or Honda vehicle.
Are there any specific considerations when insuring a Toyota or Honda vehicle?
When insuring a Toyota or Honda vehicle, it’s important to consider factors such as the cost of repairs, safety features, and the likelihood of theft or accidents associated with the specific model. These factors can impact insurance rates and may vary between Toyota and Honda models. Additionally, you may want to explore specialized coverage options, such as gap insurance or coverage for custom modifications, depending on your vehicle and needs.
Can I get discounts for insuring multiple Toyota or Honda vehicles?
Yes, many insurance companies offer multi-vehicle discounts if you insure multiple Toyota or Honda vehicles with the same insurer. This can help you save on insurance premiums. Contact your insurance company to inquire about the specific discounts they offer for insuring multiple vehicles.
Free Car Insurance Comparison
Enter your ZIP code below to view companies that have cheap car insurance rates.
Secured with SHA-256 Encryption
Kalyn Johnson
Insurance Claims Support & Sr. Adjuster
Kalyn grew up in an insurance family with a grandfather, aunt, and uncle leading successful careers as insurance agents. She soon found she has similar interests and followed in their footsteps. After spending about ten years working in the insurance industry as both an appraiser dispatcher and a senior property claims adjuster, she decided to combine her years of insurance experience with another...
Insurance Claims Support & Sr. Adjuster
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.