Toyota Mirai Insurance Rates

The average insurance rates for a Toyota Mirai are $1,888 a year for full coverage insurance. Comprehensive costs an estimated $402, collision insurance costs $886, and liability coverage is $442. A liability-only policy costs around $496 a year, and high-risk insurance costs around $4,144. 16-year-old drivers cost the most to insure at up to $6,912 a year.

Average premium for full coverage: $1,888

Policy rates broken down by type of insurance:

Rates are based on $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes medical and UM/UIM coverage. Prices are averaged for all 50 states and for all Mirai models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a large influence on the price of insurance. More rural locations are shown to have lower incidents of physical damage claims than congested cities. The example below illustrates how geographic area affects insurance prices.

The examples above illustrate why everyone should compare rates quotes for a targeted area, rather than using rate averages.

Use the form below to get customized rates for your location.

More Rate Details

The chart below illustrates average Toyota Mirai insurance rates for other coverage scenarios.

• The best full coverage rate is $1,042
• Raising to $1,000 deductibles will save approximately $290 each year
• The estimated price for a good driver age 40 who has $500 deductibles is $1,888
• Buying pricier low deductibles bumps up the cost to $2,464
• Unlucky drivers with multiple tickets or accidents could pay up to $4,144
• Policy cost that insures a teenage driver for full coverage can cost as much as $6,912

View Chart as Image

Car insurance rates for a Toyota Mirai also range considerably based on the model of your Mirai, your age and driving record, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you are probably paying $2,300 to $3,100 extra every year, depending on your age. Toyota Mirai insurance for high-risk drivers is expensive and can cost around 45% to 136% more than the average rate. View High Risk Driver Rates

A more mature driver with no driving violations and higher comprehensive and collision deductibles may only pay around $1,700 every 12 months on average, or $142 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records will be charged at least $6,900 a year. View Rates by Age

Your home state also has a big influence on Toyota Mirai insurance rates. A middle-age driver might find rates as low as $1,230 a year in states like North Carolina, Wisconsin, and Vermont, or at least $2,550 on average in Florida, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles can reduce rates by up to $870 a year, whereas buying more liability protection will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $398 extra every 12 months. View Rates by Deductible or Liability Limit

How to Find the Best Cheap Toyota Mirai Insurance

Finding cheaper rates on auto insurance consists of avoiding accidents and violations, having a positive credit history, being claim-free, and possibly higher deductibles. Comparison shop at least every other year by getting rate quotes from direct insurance companies, and also from local insurance agencies.

The list below is a quick review of the car insurance concepts presented in the illustrations above.

• Drivers with a DUI or reckless driving violation may have to pay on average $2,260 more annually for car insurance
• It is possible to save approximately $240 per year just by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles can save approximately $875 each year
• Consumers who want higher liability limits will pay around $490 annually to raise from a 30/60 limit to the 250/500 level