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No, they are not expensive to insure. The average cost for Toyota car insurance is approximately $1,1600 per year or about $95/month.

But, as you know, it’s hard to put an exact number of what you will pay for your insurance because it largely depends on the type of vehicle you drive. Insurance providers look at the year and the model you choose to buy, your driving history, the number of kilometers you drive each year, and where you live.

No, the cost of repairing parts on a Toyota vehicle is relatively inexpensive. Toyota is a popular brand in Canada and the parts are readily available in stores across the country. You don’t have to worry about ordering parts from another place.

Factors that can affect Toyota car insurance premiums :

• Make and model: The make, model, and features you choose on your vehicle will affect your premiums. Rates vary based on the model.
• New vs used: Used models are more affordable to insure.
• Collision claims: The frequency of accidents by a specific model is used by insurers to determine premiums. 
• Theft:  The Camry and Corolla (two of the most popular Toyota vehicles) are also two of the most commonly stolen. Theft will negatively affect insurance costs.
• Retail and repair costs: Toyota vehicles are known for having a relatively low MSRP and they also have affordable repair costs on most models. Toyota parts are easy to come by and sold everywhere.

Other factors that can influence your car insurance rate are your driving record, driving habits, and vehicle model.

When choosing a vehicle there are things drivers can do to help keep their premiums down. When purchasing a Toyota  consider these points for your next vehicle:

• Consider a four-door sedan over a two-door coupe model
• Consider a 4-cylinder model over a 6-cylinder one
• Opting for “sports” package options can cost more to insure
• Consider upgrading anti-theft devices (may reduce insurance cost)
• Consider getting driver assist safety features (may earn you discounts)
• Consider a sedan, minivan, SUV, or sport utility crossover which can have the lowest insurance rates due to the appeal of family drivers
• If you’re considering a Hybrid vehicle look into additional discounts you may qualify for

There are many things you can do to help lower your insurance rate. For example, you can bundle your home + auto insurance to help save some money. Talk to a Surex advisor to see how you can save today!

Here are some more tips to help you save:

• Shop Around: The most effective way to save is to compare your insurance options. That is one thing that Surex always automatically does to make sure you get the best rate possible.
• Stay claims, accident, and ticket free. Of course, it’s always important to drive safely, but by having a clean driving record you can usually qualify for discounts to help keep your premiums down.
• Bundle your services: By combining your home or tenant insurance with your auto insurance policy, with the same provider, you can take advantage of the discounts offered to help save you money.

Toyota has introduced some new safety features that are designed to help elevate ‘accident avoidance’ to a new level.  Some features include: a pre-collision system, stability control, side airbags, traction control, anti-lock brakes, front, and rear head curtain airbags, reverse warning navigation system, adaptive driving beam, electronic ABS, and braking assistance. Increased security systems can help lead to a reduction in car thefts for most newer models.

Toyota was ranked as the second most reliable car company in Canada. The Toyota brand is world famous for manufacturing high-quality, high-value vehicles that set the standard for long-term resale value and durability.