Toyota Sienna Insurance Rates

 

The last thing that anyone wants to do after completing the process of buying a car is to worry about finding a cheap car insurance policy. We are well aware of the frustration this may cause, which is why we are going to make it as simple as possible to find Toyota Sienna insurance rates.

So where can you find the cheapest Toyota Sienna car insurance rates? By educating yourself and comparing Toyota Sienna car insurance quotes from multiple insurers, you can find affordable Toyota Sienna car insurance.

Our comprehensive guide is designed to walk you through the size and class of this minivan, how liability rates are calculated, its safety features, overall value, and annual repair estimates. By reading through this article, you will be ready to find the right insurance policy for a great price.

Don’t buy Toyota Sienna car insurance without shopping around. Feel free to get started by reviewing the information below. But don’t forget to input your five-digit ZIP code into our FREE online quote tool above to compare the best Toyota Sienna insurance rates. 

U.S. average insurance prices for a Toyota Sienna are $1,340 every 12 months for full coverage insurance. Comprehensive insurance costs an estimated $280 a year, collision costs $512, and liability coverage costs $390. A policy with just liability insurance costs as little as $452 a year, with coverage for high-risk drivers costing $2,896 or more. Teen drivers pay the highest rates at $5,012 a year or more.

Average premium for full coverage: $1,340

Price estimates broken down by individual coverage:

These estimates include $500 physical damage deductibles, minimum liability limits, and includes additional medical/uninsured motorist coverage. Estimates are averaged for all 50 states and Sienna trim levels.

Price Range from Low to High

Geographic Price Range

Your location has a large influence on the price of insurance. More rural locations have more infrequent physical damage claims than larger metro areas.

The diagram below illustrates how location impacts insurance prices.

The ranges above illustrate why it is important to compare rates for a targeted area and their own driving history, rather than using price averages.

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

Additional Rate Analysis

The chart below illustrates estimated Toyota Sienna insurance rates for other coverage scenarios.

• The lowest rate with discounts is $773
• Drivers who choose higher $1,000 deductibles will pay approximately $1,160 each year
• The average price for the average middle-age driver who has $500 deductibles is $1,340
• Choosing low $100 deductibles for comprehensive and collision insurance costs an extra $348 each year
• High-risk insureds with multiple violations and an at-fault accident could pay up to $2,896 or more
• The price to insure a teenage driver can cost as much as $5,012 a year

View Chart as Image

Insurance prices for a Toyota Sienna are also quite variable based on deductibles and policy limits, your risk profile, and the model year and trim level.

Choosing high deductibles could save up to $530 a year, while buying higher liability limits will increase premiums. Switching from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $351 more per year. View Rates by Deductible or Liability Limit

Older drivers with a clean driving record and higher deductibles may only pay around $1,200 per year on average for full coverage. Prices are highest for teenage drivers, since even excellent drivers can expect to pay at least $5,000 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you are probably paying $1,600 to $2,200 extra each year, depending on your age. A high-risk auto insurance policy can cost around 44% to 133% more than average. View High Risk Driver Rates

The state you live in makes a big difference in Toyota Sienna insurance rates. A 40-year-old driver could pay as low as $880 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,810 on average in Florida, New York, and Michigan.

View Chart as Image

Since prices can be so different, the only way to figure out which car insurance is cheapest is to get quotes and see how they stack up. Every company uses a different rate calculation, so the prices may be quite different.

Insurance Rates by Trim Level and Model Year

Rates assume 2023 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Shop for Cheap Toyota Sienna Insurance

Getting lower rates on auto insurance not only requires being a safe and courteous driver, but also having good credit, not filing small claims, and taking advantage of discounts. Spend time shopping around every couple of years by quoting rates from direct insurance companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

Below is a brief summary of the material that was touched on above.

• Consumers who want higher levels of liability will pay about $430 annually to go from a low limit to a 250/500 level
• Teenage drivers are charged the highest prices, as much as $418 a month if they have full coverage
• Drivers that tend to have accidents or serious violations could be forced to pay on average $1,560 more annually for auto insurance
• Increasing physical damage deductibles could save as much as $525 each year

You might have noticed that there is a multitude of factors that impact car insurance rates for a Toyota Sienna. Your age, home address, driving history, model year, and level of coverage all play a role in what you will ultimately pay to be insured on this highly rated minivan.

When calculating Toyota Sienna car insurance, company insurance agents will take all of these factors into consideration.

How does the size and class of the Toyota Sienna affect liability rates?

There are different levels of car insurance available to every driver, the most basic of which is called liability coverage. Everybody is required to carry some level of liability insurance in order to pay for any damages they might cause.

In order to accurately provide you with a quote, the first thing insurance companies will look at is the size and class of the model you drive as determined by an official third-party entity. The Insurance Institute for Highway Safety (IIHS) classifies the Toyota Sienna as a minivan, so the cost of insurance on this model will be affected by data that is collected for all minivans.

Check out the Toyota Sienna insurance loss probability details in the table below.

Toyota Sienna Insurance Loss Probability

The lower the percentage, the better the loss ratio. In every category, the Toyota Sienna is average or better than average. That’s great news for your car insurance rates.

Ready for even more good news? Minivans are larger and heavier than most cars on the road, meaning that this class of vehicles is deemed to be safer than average. This often leads to lower insurance rates because fewer claims are made on models like the Toyota Sienna, so insurance providers don’t have to pay out as much money on claims.

What does liability insurance cost for a Toyota Sienna?

Now that we’ve gone over how liability rates are impacted by the size and class of the Toyota Sienna, let’s implore the difference between the two types of liability coverage you are required to carry.

Bodily injury liability insurance will pay for medical expenses and lost wages for the other driver after an accident that you are responsible for causing. 

The following general quotes will show a breakdown of how much bodily injury liability costs for the Toyota Sienna based on the level of coverage.

• Low ($25,000): $83.84
• Medium ($50,000): $102.76
• High ($100,000): $113.70

The other form of coverage you need is called property damage liability insurance. As the name indicates, this will cover any damages you inflicted on the other driver’s property, including that person’s vehicle.

The following three figures are general quotes you can expect to pay for property damage liability insurance as an itemized cost for six months of coverage.

• Low ($25,000): $94.67
• Medium ($50,000): $94.78
• High ($100,000): $98.60

After reviewing these ballpark figures, you can see that bodily injury quotes vary based on coverage level while property damage rates don’t fluctuate as much.

What are the safety features and ratings of the Toyota Sienna?

Minivans like the Toyota Sienna are built for families, and safety is of the utmost importance when designing these models. Take a look at the following list of safety features on the Toyota Sienna sourced from AutoBlog.com.

• Anti-Lock Brakes – Also known as ABS, these brakes have sensors that detect when the tire(s) have stopped moving when extreme braking occurs. The ABS system will modify pressure allowing the tire(s) to continue rotating safely.
• Stability Control – This feature automatically senses when the van’s handling limits have been exceeded and reduces engine power and applies select brakes to help prevent the driver from losing control.
• Front-Impact Airbags – This feature serves to protect the heads of the driver and passengers during a front-end crash.
• Side-Impact Airbags – Located in the front part of the vehicle, these airbags protect the torso of the driver and front-seat passenger when deployed.
• Overhead Airbags – These airbags protect the occupant’s heads in the event of a rollover.
• Knee Airbags – When deployed, these airbags protect the lower extremities of the driver and passengers inside the Toyota Sienna.
• Pretensioners – This feature automatically tightens the seatbelts to place the occupant in the optimal seating position during a collision.

Due to the high number of helpful features included on the model, the National Highway Traffic Safety Administration (NHTSA) gives the 2020 Toyota Sienna five out of five stars for its overall safety rating.

See more details about the Toyota Sienna crash test ratings in the table below.

Toyota Sienna Crash Test Ratings

While it’s great news to learn that the Sienna has the highest safety rating possible, fatalities still occur, and insurance providers review these figures when calculating rates for their policyholders.

How does that impact insurance rates for Toyota Sienna drivers?

The IIHS reports that out of 1,787,340 registered vehicles similar to the Sienna, a total of 47 deaths have resulted after car crashes. Broken down, that is a fatality rate of 26 per one million registered people. 

The average for all vehicle types is 36 per million, so models like the Toyota Sienna are seen as safer than your average commercial vehicle.

Beyond vehicle type, fatality statistics vary based on the point of impact from which the crash occurred. Take a look at the following figures to see how some types of crashes are more fatal than others.

• Frontal Impact: 7,433 deaths  
• Side Impact: 3,568 deaths 
• Rear Impact: 834 deaths
• Other (mostly rollovers): 1,303 deaths

As you can see, frontal impact crashes are the most fatal type of accident occurring on the road today. That is why front airbags are standard across all vehicles, and automakers like Toyota are constantly making improvements to safety technology.

What is the MSRP of the Toyota Sienna?

Knowing the current value of your Toyota Sienna will also help you get an idea of how much insurance is going to cost. A general rule of thumb to go by is that the price of your car is parallel to your policy. In short, the more expensive the car, the higher the insurance rate.

Kelley Blue Book (KBB) reports that the Manufacturer’s Suggested Retail Price (MSRP) for a base-level 2020 Toyota Sienna L is $32,760 with a fair market value range between $28,738 and $31,309.

The best way to protect an investment like a new car is to purchase car insurance that extends beyond liability coverage. This is the best way to make sure that your car is covered for any damages.

So what are the types of coverages that will cover you in the event of an accident?

• Collision car insurance is a type of coverage that will pay for any costs associated with repairing or even replacing your vehicle if it gets damaged after colliding with another car or object.
• Comprehensive car insurance protects you from any damage sustained that is outside of your control, such as a moving object damaging your vehicle while it is parked on the street.

It’s important to remember that you only need to pay for liability coverage to legally drive. However, you should really spend some time figuring out if you want full coverage or simply liability when shopping for insurance.

How much will it cost to repair my Toyota Sienna?

One of the less glamorous parts of car ownership is paying for maintenance. No model type is immune to the fact that vehicles depreciate over time, but some cars cost less to repair.

In the case of the Toyota Sienna, RepairPal suggests that the annual cost of repairs equates to an average of $554. Some years might be cheaper where you only need to pay for oil changes while other years might require more significant work.

It’s helpful to know how much each part of the minivan costs to replace or fix in the event that your Sienna needs a specific job done. Take a look at these quotes from Instant Estimator to see what repair jobs look like based on which part needs attention.

• Front Bumper: $412.60
• Rear Bumper: $397.80
• Hood: $352.20
• Roof: $488.60
• Front Door: $389.20
• Back Door: $377.80
• Fender: $352.20
• Quarter Panel: $364.60

We have gone into excessive detail about Toyota Sienna insurance rates but we would be doing you a disservice if we didn’t as, if there is there anything we might have missed?

If not, punch your five-digit ZIP code into our FREE online quote tool to get access to instant quotes for your Toyota Sienna.