The cost to insure a Toyota Highlander varies significantly depending on several factors, including your location, the coverage you choose, your driving history, and the specific model year of the vehicle. Based on available data, annual premiums can range from approximately $1,900 to over $2,600.
Toyota Highlander Insurance Costs by State
Insurance premiums for a Toyota Highlander can differ considerably from one state to another. Here's a breakdown of average annual and monthly costs for a selection of states:
| State | Annual Premium | Monthly Premium |
|---|---|---|
| California | $2,506 | $209 |
| Colorado | $2,611 | $218 |
| Connecticut | $1,909 | $159 |
| Delaware | $2,173 | $181 |
These figures represent average costs and individual rates may vary.
Factors Influencing Toyota Highlander Insurance Premiums
Several key elements influence the price you pay for Toyota Highlander insurance:
- Your Location: As seen in the table above, premiums differ significantly by state due to varying state regulations, accident rates, theft rates, and population density. Even within a state, your specific ZIP code can impact your rates.
- Driver's Profile:
- Age and Driving History: Younger, less experienced drivers or those with a history of accidents or traffic violations typically face higher premiums.
- Credit Score: In many states, your credit history can influence your insurance rates.
- Coverage Levels and Deductibles: Choosing higher coverage limits or adding optional coverages (like comprehensive, collision, or uninsured motorist protection) will increase your premium. Opting for a higher deductible can lower your premium, but means you pay more out-of-pocket in the event of a claim.
- Vehicle Specifications:
- Model Year and Trim: Newer models or higher trims with more features might be more expensive to repair, leading to higher insurance costs.
- Safety Features: Vehicles equipped with advanced safety features (e.g., adaptive cruise control, lane-keeping assist) might qualify for discounts, potentially lowering your premium.
- Theft Rates: If the Toyota Highlander has a higher theft rate in your area, your comprehensive coverage premium might be higher.
To find the most accurate cost for your specific situation, it's recommended to obtain personalized quotes from multiple insurance providers.
For more detailed information on Toyota Highlander insurance costs and factors, you can explore resources such as Insure.com.
