How much is insurance on a Toyota Tacoma?

A 2024 Toyota Tacoma runs about $1,850 a year for a typical 45-year-old, $100 less than an average car of the same age, because of lower non-crash losses, lower crash-repair losses, and less damage to others' property. Putting a new 16-year-old on a family policy with the Tacoma adds about $1,220 a year (#3 of 9 small pickups we compare).

2024 Toyota Tacoma (Tacoma 2WD), national average

about $1,850 a year (about $155 a month)

Estimated range: $1,350–$2,450. Actual quotes can fall outside it.

An average car of the same age (what HLDI's 2022–24 results measure against) runs about $1,940 a year. A used 2013 Tacoma drops to about $1,540 (see the table below).

A Toyota Tacoma from the 2024–present generation. Photo: Deathpallie325, CC BY-SA 4.0, via Wikimedia Commons, cropped (credits).

Priced for the 2024 Tacoma 2WD, the newest year covered by HLDI's loss data (2022–24 models), for a 45-year-old driver with a clean record and full coverage. HLDI's results combine drivers of all ages. We apply them to one example driver (a 45-year-old with a clean record) so pages are comparable; they aren't specific to 45-year-olds. Each state raises or lowers every car's price by the same percentage, so the Tacoma's rank is the same in every state.

Why the Toyota Tacoma costs what it does

What HLDI reports (2022–24 models, all drivers combined)

The Highway Loss Data Institute (HLDI) compares each model's insurance losses with an average car's. For the Toyota Tacoma double cab pickup, on HLDI's scale where 100 is an average car and lower is better, it reports 87 for crash repairs, 76 for non-crash damage, and 92 for damage to others' property.

Crash repairs (collision)fixing this car after a crashAverage13% better than average6th best of the 9 small pickups we compare
Non-crash damage (comprehensive)theft, weather, fire, vandalism, glass, and animal strikesBetter than average24% better than average4th best of the 8 small pickups we compare
Damage to others' property (property damage liability)other people's cars and property, when this car's driver is at faultAverage8% better than average3rd best of the 8 small pickups we compare
Injuries to others (bodily injury liability)how often injury claims are filed against this car's drivers, not how much they costInsufficient dataNo result from HLDI for this model

HLDI's ratings, best to worst:Substantially better than averageBetter than averageAverageWorse than averageSubstantially worse than averageInsufficient data

HLDI rates results within about 20% of average as “Average.”

HLDI doesn't publish a result for injuries to others on this model, so it's marked “Insufficient data”.

Source: HLDI, insurance losses by make and model, 2022–24 models.

What we estimate that means for price

Prices move less than loss results do: a car's loss record is only one of many things insurers weigh, and each weighs it differently. So we count only part of HLDI's difference. Combining crash repairs and non-crash damage (weighted about 71% and 29%, the share each makes up of industry claim costs), the Tacoma comes out about 16% better than average. We count about 40% of that difference, so the part of the bill that fixes the car is about 6% less than average: about $900 a year vs $950. On the liability side, HLDI publishes damage to others' property but not injury claims for the Tacoma, so we go by that one result: about 8% better than average. We count about half, so that part is about 4% less: $950 a year vs $990.

How the math works

In EPA size classes, the Tacoma is a small pickup (gas-powered). In Highway Loss Data Institute loss tables, the Toyota Tacoma is benchmarked against small pickups.

Matched to HLDI series “Toyota Tacoma double cab pickup” (HLDI, 2022–24 models).

A used Toyota Tacoma, by model year

One model year per age group. Liability only: no coverage for the car itself. Teen columns: a new 16-year-old. Each row uses the HLDI report that covers that model year.
Model year	Full coverage	Liability only	Adding a teen	Teen on their own policy
2024 Tacoma 2WD (0–3 years old)	about $1,850	about $950	+$1,220	about $5,290
2022 Tacoma 2WD (4–7 years old)	about $1,740	about $950	+$1,150	about $4,990
2018 Tacoma 2WD (8–12 years old)	about $1,670	about $980	+$1,100	about $4,790
2013 Tacoma 2WD (13 or more years old)	about $1,540	about $990	+$1,010	about $4,410

Our catalog covers the Toyota Tacoma across model years 2006–2026. Full coverage on a used 2013 Tacoma (13 or more years old) runs about $1,540 a year, $310 less than on a 2024. Dropping collision and comprehensive on that 2013 brings liability-only coverage to about $990 a year. Each photo shows that year's generation of the car. Photo credits.

Across 2024 Toyota Tacoma trims, full coverage goes from about $1,790 a year on the Tacoma 4WD to about $1,970 on the Tacoma Hybrid 4WD, because HLDI's loss results differ by body, drive, or powertrain.

Tacoma 4WD; Tacoma 4WD MT; Tacoma SR5/Sport/Off-Road/Limited 4WD: about $1,790
Tacoma 2WD; Tacoma SR5/Sport/PreRunner 2WD: about $1,850
Tacoma Hybrid 4WD: about $1,970

On a policy of their own with a 2024 Toyota Tacoma, a 22–25-year-old pays about $2,400 a year ($550 more than a 45-year-old), a 26–39-year-old about $2,050, and a driver 65 and older about $1,940.

Adding a 16-year-old with a Toyota Tacoma

Because the Toyota Tacoma starts from lower losses than most cars, adding a new 16-year-old driver raises the family bill by about $1,220 a year ($100 a month), $60 less than adding a teen with an average car of the same age. Putting that 16-year-old on a policy of their own instead costs about $5,290 a year, about $4,080 more than sharing the family policy.

For adding a teen driver, the Toyota Tacoma ranks 40th cheapest out of all 121 models we track. Stepping down to a used 2013 Tacoma (13 or more years old) brings the teen add-on to about $1,010 a year.

That increase is how much the family bill goes up with a new 16-year-old driving this car. Cheapest cars to insure for a teen.

Similar small pickups

Among these 9 small pickups, the Toyota Tacoma is the 3rd least expensive to insure. Right next to it are the Ford Maverick (about $1,810 a year) and the Ford Ranger (about $1,860).

Photos from Wikimedia Commons contributors. Photo credits.

What a Toyota Tacoma costs in your state

In six sample states, a 2024 Toyota Tacoma runs from about $1,280 a year in Hawaii through Indiana, Kentucky, Alabama and California to about $2,210 in Texas:

Hawaiiabout $1,280/yr · +$840 teen
Indianaabout $1,320/yr · +$870 teen
Kentuckyabout $1,550/yr · +$1,020 teen
Alabamaabout $1,630/yr · +$1,070 teen
Californiaabout $1,820/yr · +$1,200 teen
Texasabout $2,210/yr · +$1,460 teen

All 50 states and DC · Updated November 5, 2026.

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