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Toyota Car Insurance

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About Toyota car insurance

While Toyota was founded in 1937 in Japan and went on to become the world's largest automobile manufacturers, Toyota Canada came in 1964 and has sold more than 4 million vehicles in Canada. The Corolla, introduced in 1966, has remained Toyota's best-selling car worldwide with its durability, reliability, and overall performance. Toyota is also leading worldwide in hybrid vehicle sales. Other popular Toyota models inlcude the Camry, Prius, Tacoma, Tundra, RAV4, and the Lexus. Toyota is one of Canada's most popular car brands, and if you decide to purchase one of these fine vehicles it's essential to get the right kind of Toyota car insurance.

Here are some of the most popular Toyota models in Canada

  • Toyota Corolla: The Toyota Corolla currently holds the distinction of being the world's most popular car. Over 1.3 million Corollas have been sold in Canada alone, and more than 40 million worldwide. One reason for this is that Corolla has very impressive safety ratings. This means that you will pay less on average for insuring a Corolla compared to many competing brands and models. Safety ratings are one factor used by insurance companies to determine premiums. There are many other benefits to owning a Corolla, such as attractive design, fuel efficiency and very good performance and handling.
  • Toyota Camry: Next to the Corolla, the Camry is the most popular Toyota model in Canada. Indeed, it's the tenth most popular Canadian car all around. The Camry has many of the same advantages as the Corolla. It's a safe, extremely well made and reliable car. The Camry, however, is a bit costlier and considered more of a luxury car than the Corolla. It's also roomier, making it appealing for families and other buyers who want to be able to fit more people or items into their vehicle. The Camry is an appealing choice for anyone who wants the reliability of Toyota and wants something a little larger, fancier and more powerful than the Corolla.
  • Toyota RAV4: The Toyota RAV4 is a sleekly designed SUV crossover model, combining some of the most attractive features of cars and larger vehicles such as trucks and SUVs. Some models come with four wheel drive, while all of them offer high performance, sporty design and impressive fuel efficiency, especially compared to most competing SUVs. The RAV4 is Canada's most popular model of Toyota SUV. While insurance premiums for SUVs are a bit higher than for typical cars, the RAV4 is a compact, fuel efficient and safe vehicle. If you decide to purchase a RAV4, it's a good idea to scope out several insurance companies to get best rates.

Both the Toyota Corolla and Camry were among the best selling vehicles in Canada in 2020, according to GoodCarBadCar.net. View the relative insurance economy, fuel efficiency and year-over-year sales data for these popular Toyota models below:

Car insurance economy & fuel efficiency
Toyota model Rank of insurance economy among top selling vehicles Estimated annual fuel cost
Camry Seventh $1,107 (the hybrid) - $2,124
Corolla Eighth $994 (the hybrid) - $1,718
RAV4 Third $1,356 - $1,944
Tacoma Fifth $2,531 - $2,915
Tundra Sixth $3,593 -$3,684
Sales change from 2019 to 2020
Car Make & Model 2020 Sales 2019 Sales Change
Toyota Corolla 37,156 47,596 -15.52%
Toyota Camry 11,631 13,654 -14.82%
Toyota RAV4 67,977 65,248 4.18
Toyota Tacoma 16,946 12,536 35.18
Toyota Tundra 11,053 9,966 10.91
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Toyota Car Insurance Quotes

The right insurance policy protects your investment, while also providing you with good value. You don't want to pay any more for insurance than you have to. There are many good reasons to choose a Toyota, such as dependability, fuel economy, safety and great performance. Because of Toyota's high standards in areas such as fuel efficiency and safety, you can also get car insurance at appealing rates. If you are looking for cheapest car insurance for your Toyota car, let Rates.ca do the work for you!

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