Best Toyota Venza Auto Insurance in 2024 (Find the Top 10 Companies Here)
The best Toyota Venza auto insurance starts with Allstate, USAA, and Erie as top choices, offering rates as low as $22 per month. These providers offer excellent coverage for Toyota Venza owners. With Toyota Venzas being reliable cars, choosing the right insurer ensures both protection and affordability.
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Jeff Root
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Jeff is a well-known speaker and expert in insurance and financial planning. He has spoken at top insurance conferences around the U.S., including the InsuranceNewsNet Super Conference, the 8% Nation Insurance Wealth Conference, and the Digital Life Insurance Agent Mastermind. He has been featured and quoted in Nerdwallet, Bloomberg, Forbes, U.S. News & Money, USA Today, and other leading fina...
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UPDATED: Aug 7, 2024
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UPDATED: Aug 7, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
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When looking for the best Toyota Venza auto insurance, Allstate, USAA, and Erie are top providers with rates starting at $22 per month. Based on a detailed Toyota Venza review, Allstate emerges as the top pick for its excellent coverage and value. Compare these options to find the best deal for your Toyota Venza car insurance.
The article also covers how vehicle year affects auto insurance rates, providing insights into how the age of your Toyota Venza influences your premiums. For those wondering, “is Toyota Venza a good car,” this aspect helps optimize your insurance costs.
Our Top 10 Company Picks: Best Toyota Venza Auto Insurance
Company Rank Good Driver Discount A.M. Best Best For Jump to Pros/Cons
#1 15% A+ Good Student Allstate
#2 18% A++ Teen Discounts USAA
#3 12% A+ High-Risk Coverage Erie
#4 10% A++ Tailored Policies Travelers
#5 14% A Exclusive Benefits Farmers
#6 17% A++ Organization Discount Geico
#7 16% A+ Bundling Policies Dairyland
#8 13% A Coverage Options Safeco
#9 19% A Comprehensive Coverage American Family
#10 11% A+ Specialized Coverage Nationwide
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- Factors like location and driving record affect your rates
- Allstate offers the best coverage and rates for your Toyota Venza
- Explore the auto insurance discounts for Toyota Venza
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#1 – Allstate: Top Overall Pick
Pros
- Comprehensive Coverage Options: Allstate offers extensive coverage options for the Toyota Venza, including comprehensive, collision, and liability coverage. This ensures robust protection tailored to your Venza’s needs, helping you secure peace of mind on the road.
- Discount Programs: Allstate provides several discounts that can lower your Toyota Venza insurance premium, such as multi-policy discounts and safe driver discounts. Their usage-based insurance program, Drivewise, also rewards safe driving behaviors.
- Good Customer Service: Allstate is known for its responsive customer service and efficient claims process. This reliability is beneficial if you need to make a claim for your Toyota Venza, ensuring a smoother and more stress-free experience. Learn more details in our page, Allstate auto insurance review.
Cons
- Higher Premiums: Allstate’s rates for Toyota Venza insurance are among the higher in the market, at $160 per month. This might be less favorable compared to more affordable options like Erie or USAA.
- Limited Discount Availability: While Allstate offers discounts, they may not be as extensive or tailored for specific needs like some competitors. For example, they may lack discounts specific to Toyota Venza owners or high-mileage drivers.
#2 – USAA: Best for Teen Discounts
Pros
- Affordable Premiums: USAA offers some of the lowest insurance rates for Toyota Venza, at just $59 per month. This competitive pricing can significantly reduce your overall insurance costs.
- Excellent Customer Service: USAA is renowned for its outstanding customer service and support, which is beneficial for Toyota Venza owners seeking reliable and efficient insurance management and claims processing.
- Tailored Discounts: As outlined in our USAA auto insurance review, USAA provides numerous discounts, including those for military members and their families, which can further lower the already affordable rates for Toyota Venza insurance.
Cons
- Eligibility Restrictions: USAA insurance is exclusively available to military members, veterans, and their families. This limitation means that many potential Toyota Venza owners may not qualify for their services.
- Limited Local Agent Network: USAA operates primarily online or via phone, which might be less convenient for Toyota Venza owners who prefer face-to-face interactions with local agents.
#3 – Erie: Best for High-Risk Coverage
Pros
- Low Premiums: Erie offers very competitive rates for Toyota Venza insurance at $58 per month. This low-cost option makes it a budget-friendly choice for comprehensive vehicle protection.
- Broad Coverage Options: Erie provides a wide range of coverage options for the Toyota Venza, including comprehensive and collision coverage, which ensures that various aspects of your vehicle are well-protected.
- Strong Customer Satisfaction: As outlined in our Erie auto insurance review, Erie is known for high customer satisfaction ratings, making it a reliable choice for Toyota Venza owners looking for excellent service and a hassle-free claims process.
Cons
- Limited Nationwide Availability: Erie’s services are not available in all states, which might limit access for some Toyota Venza owners who live in areas where Erie does not operate.
- Basic Online Tools: Erie’s online tools and mobile app may not be as advanced or user-friendly as those of some competitors, potentially making it less convenient for tech-savvy Toyota Venza owners.
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#4 – Travelers: Best for Tailored Policies
Pros
- Competitive Pricing: Travelers offers a reasonable monthly rate of $99 for Toyota Venza insurance, providing a balance between affordability and comprehensive coverage options.
- Diverse Coverage Options: Travelers provides a range of coverage options, including comprehensive, collision, and liability, tailored to the needs of Toyota Venza owners.
- Numerous Discounts: As mentioned in our Travelers auto insurance review, Travelers offers various discounts, such as safe driver and multi-policy discounts, which can help reduce the overall cost of Toyota Venza insurance.
Cons
- Higher Rates for Certain Drivers: Travelers’ rates may be higher for younger or high-risk drivers, which could make it less competitive for some Toyota Venza owners with these profiles.
- Customer Service Variability: While generally good, Travelers’ customer service experiences can vary. Some Toyota Venza owners might find inconsistencies in service quality and claims processing.
#5 – Farmers: Best for Exclusive Benefits
Pros
- Customizable Coverage: Farmers offers customizable insurance plans for Toyota Venza, allowing owners to tailor coverage to their specific needs, including optional add-ons for enhanced protection. Check their rates in our Farmers auto insurance review.
- Wide Range of Discounts: Farmers provides various discounts, such as bundling and safe driving discounts, which can help lower your Toyota Venza insurance premiums.
- Local Agents: Farmers has a large network of local agents, making it easier for Toyota Venza owners to get personalized assistance and support.
Cons
- Higher Monthly Premiums: Farmers’ monthly premiums for Toyota Venza insurance are relatively high at $139, which might be less attractive compared to more affordable options like Erie or USAA.
- Complex Policy Options: The range of coverage options and add-ons can be complex, potentially making it challenging for some Toyota Venza owners to understand and select the best policy for their needs.
#6 – Geico: Best for Organization Discount
Pros
- Affordable Premiums: As outlined in our Geico auto insurance review, Geico offers a competitive monthly rate of $80 for Toyota Venza insurance, making it an affordable option for comprehensive coverage.
- Efficient Online Services: Geico’s robust online tools and mobile app provide easy access to policy management and claims filing, which is convenient for tech-savvy Toyota Venza owners.
- Good Discounts: Geico offers various discounts, such as for safe driving and multi-policy, which can help reduce the cost of insurance for your Toyota Venza.
Cons
- Limited Personalized Service: Geico’s focus on online and phone services means that there may be less opportunity for personalized assistance compared to insurance companies with a stronger local agent presence for Toyota Venza drivers.
- Customer Service Issues: While generally efficient, some Toyota Venza owners may experience delays or issues with customer service, which can be frustrating during claims or policy adjustments.
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#7 – Dairyland: Best for Bundling Policies
Pros
- Flexible Payment Options: Dairyland provides flexible payment options for Toyota Venza insurance, which can be beneficial for those needing customizable payment plans.
- High-Risk Driver Coverage: Dairyland specializes in providing coverage for high-risk drivers, which could be advantageous if you have a less-than-perfect driving record and own a Toyota Venza.
- Broad Coverage Options: As mentioned in our Dairyland auto insurance review, Dairyland offers a wide range of coverage options, including comprehensive and collision coverage, tailored to the needs of Toyota Venza owners.
Cons
- Expensive Premiums: Dairyland’s monthly premiums are significantly higher at $237 for Toyota Venza owners, which might be less appealing for those looking for more cost-effective insurance solutions.
- Limited Discounts: Dairyland may offer fewer discounts compared to competitors, which could result in higher overall insurance costs for Toyota Venza owners.
#8 – Safeco: Best for Coverage Options
Pros
- Affordable Rates: Safeco provides competitive rates of $71 per month for Toyota Venza insurance, making it a cost-effective choice for comprehensive coverage.
- Discount Opportunities: Safeco offers various discounts, including those for bundling policies and safe driving, which can help lower your Toyota Venza insurance premiums.
- Strong Financial Ratings: As outlined in Safeco auto insurance review, Safeco has strong financial ratings, indicating a reliable ability to handle claims and provide stable coverage for Toyota Venza owners.
Cons
- Mixed Customer Service Reviews: Safeco’s customer service can be inconsistent, with some Toyota Venza owners reporting difficulties in claims processing and support.
- Limited Coverage Customization: Safeco may offer fewer options for customizing your Toyota Venza policy compared to some competitors, which could be a drawback for those needing specific coverage features.
#9 – American Family: Best for Comprehensive Coverage
Pros
- Comprehensive Coverage Options: American Family offers a wide range of coverage options for Toyota Venza, including comprehensive, collision, and liability, ensuring robust protection.
- Multiple Discounts Available: American Family provides several discount opportunities, such as safe driver and multi-policy discounts, which can help reduce insurance costs for Toyota Venza owners.
- Local Agent Network: As outlined in American Family auto insurance review, American Family has a strong network of local agents, providing personalized service and support for Toyota Venza insurance needs.
Cons
- Higher Premiums: At $117 per month, American Family’s premiums are higher compared to more affordable options like Erie or USAA, which might be less attractive for budget-conscious Toyota Venza owners.
- Potential for Policy Increases: Some Toyota Venza owners may experience rate increases over time, which could affect long-term affordability and planning.
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#10 – Nationwide: Best for Specialized Coverage
Pros
- Competitive Rates: Nationwide offers competitive insurance rates at $115 per month for Toyota Venza, providing a balance of affordability and comprehensive coverage.
- Extensive Discount Options: Nationwide provides numerous discounts, such as for safe driving and multi-policy, which can help lower the cost of Toyota Venza insurance.
- Strong Financial Stability: Nationwide’s solid financial stability ensures reliable coverage and support, giving Toyota Venza owners confidence in their insurance provider. For more information, read our Nationwide auto insurance review.
Cons
- Customer Service Variability: Nationwide’s customer service quality can vary, with some Toyota Venza owners reporting inconsistent experiences with claims and support.
- Limited Online Tools: Nationwide’s online tools and mobile app may not be as advanced as those of some competitors, potentially making it less convenient for tech-savvy Toyota Venza owners.
Toyota Venza Insurance Cost
When insuring your Toyota Venza, it’s essential to compare rates across various insurance companies to find the best coverage at the most affordable price.
Allstate emerges as the top pick for its excellent coverage and value.Daniel Walker LICENSED AUTO INSURANCE AGENT
The table below compares monthly rates for minimum and full coverage auto insurance for a Toyota Venza from various providers.
Toyota Venza Auto Insurance Monthly Rates by Coverage Level & Provider
| Insurance Company | Minimum Coverage | Full Coverage |
|---|---|---|
| Allstate | $61 | $160 |
| American Family | $44 | $117 |
| Dairyland | $85 | $237 |
| Erie | $22 | $58 |
| Farmers | $53 | $139 |
| Geico | $30 | $80 |
| Nationwide | $44 | $115 |
| Safeco | $27 | $71 |
| Travelers | $37 | $99 |
| USAA | $22 | $59 |
Understanding how various factors impact your Toyota Venza insurance rates can help you find the most cost-effective policy. The chart below compares insurance rates for different driver profiles and deductible levels.
Toyota Venza Auto Insurance Monthly Rates by Coverage Type
| Type | Rates |
|---|---|
| Average Rate | $112 |
| Discount Rate | $66 |
| High Deductibles | $97 |
| High Risk Driver | $239 |
| Low Deductibles | $141 |
| Teen Driver | $409 |
By considering these variables, you can tailor your insurance policy to suit your needs and budget, ensuring you get the best value for your money.
Why Toyota Venzas Insurance are Expensive
Insuring a Toyota Venza can be more costly compared to other crossovers due to several factors. The chart below illustrates how Toyota Venza insurance rates stack up against similar models like the Cadillac XT4, Hyundai Tucson, and Lincoln MKC.
Toyota Venza Auto Insurance Monthly Rates vs. Other Vehicles
| Vehicle | Comprehensive | Collision | Minimum Coverage | Full Coverage |
|---|---|---|---|---|
| Ford EcoSport | $23 | $42 | $31 | $109 |
| Hyundai Tucson | $25 | $39 | $31 | $108 |
| Lexus NX 300 | $31 | $57 | $31 | $133 |
| Lexus RX 450h | $33 | $60 | $35 | $142 |
| Lincoln MKC | $26 | $50 | $33 | $122 |
| Toyota Venza | $30 | $55 | $26 | $123 |
Despite these higher costs, there are several strategies you can employ to find more affordable Toyota Venza insurance rates online. Comparing quotes, adjusting coverage levels, and taking advantage of discounts can all help reduce your premium.
Read More: Lincoln Auto Insurance
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Factors that influence the Cost of Toyota Venza Insurance
The cost of insuring a Toyota Venza can vary significantly based on several factors. Age is a primary determinant, with younger drivers typically facing higher rates due to their lack of experience and higher risk of accidents, while mature drivers with clean records often enjoy lower premiums.
Your home address also impacts costs, as urban areas with higher traffic and crime rates tend to have higher premiums compared to rural areas. Additionally, regions prone to extreme weather or natural disasters may see increased rates.
Age of the Vehicle
Older Toyota Venza models generally cost less to insure. This trend is evident across different model years, with rates decreasing as the vehicle’s age increases.
Toyota Venza Auto Insurance Monthly Rates by Age of the Vehicle
| Model Year | Comprehensive | Collision | Minimum Coverage | Full Coverage |
|---|---|---|---|---|
| 2024 Toyota Venza | $22 | $40 | $37 | $112 |
| 2023 Toyota Venza | $21 | $38 | $38 | $109 |
| 2022 Toyota Venza | $20 | $35 | $38 | $107 |
| 2021 Toyota Venza | $19 | $32 | $38 | $102 |
| 2020 Toyota Venza | $18 | $29 | $38 | $99 |
| 2019 Toyota Venza | $17 | $27 | $39 | $96 |
As the Toyota Venza ages, the decrease in insurance costs is attributed to the lower overall value of older models, which in turn reduces the amount insurers need to pay out in case of claims. Consequently, opting for an older model can be a cost-effective choice for insurance purposes.
Driver Age
The age of the driver significantly affects Toyota Venza auto insurance costs. For instance, 30-year-old drivers typically pay more than 40-year-old drivers for their insurance. This pattern shows a steady decline in rates as drivers age, with teen drivers facing the highest costs.
Toyota Venza Auto Insurance Monthly Rates by Age
| Age | Rates |
|---|---|
| Age: 16 | $508 |
| Age: 18 | $431 |
| Age: 20 | $314 |
| Age: 30 | $115 |
| Age: 40 | $112 |
| Age: 45 | $110 |
| Age: 50 | $108 |
| Age: 60 | $106 |
Younger drivers, particularly teens, face higher insurance premiums due to their increased risk on the road. As drivers gain experience and maintain clean driving records, their insurance rates tend to decrease, making it more affordable to insure a Toyota Venza. Discover more about offerings in our article titled “Best Auto Insurance by Age.”
Driver Location
Where you live can have a substantial impact on Toyota Venza insurance rates. For example, drivers in New York may pay more annually than those in Seattle. This variation is influenced by regional factors such as traffic density, crime rates, and local insurance regulations.
Toyota Venza Auto Insurance Monthly Rates by City
| City | Rates |
|---|---|
| Chicago, IL | $131 |
| Columbus, OH | $122 |
| Houston, TX | $147 |
| Indianapolis, IN | $127 |
| Jacksonville, FL | $152 |
| Los Angeles, CA | $178 |
| New York, NY | $197 |
| Philadelphia, PA | $153 |
| Phoenix, AZ | $139 |
| Seattle, WA | $125 |
Insurance costs can vary widely based on geographic location, reflecting the different risk levels associated with each area. Urban areas with higher traffic and accident rates typically see higher insurance premiums compared to rural locations.
Your Driving Record
Your driving record plays a crucial role in determining the cost of Toyota Venza auto insurance. Younger drivers, especially those in their 20s, experience the highest increases in insurance costs with traffic violations or accidents on their record.
Toyota Venza Auto Insurance Monthly Rates by Age & Driving Record
| Age | Clean Record | One Accident | One DUI | One Ticket |
|---|---|---|---|---|
| Age: 16 | $508 | $660 | $762 | $610 |
| Age: 18 | $431 | $560 | $647 | $517 |
| Age: 20 | $314 | $408 | $471 | $377 |
| Age: 30 | $115 | $150 | $173 | $138 |
| Age: 40 | $112 | $146 | $168 | $134 |
| Age: 45 | $110 | $143 | $165 | $132 |
| Age: 50 | $108 | $140 | $162 | $130 |
| Age: 60 | $106 | $138 | $159 | $127 |
Maintaining a clean driving record is essential for keeping insurance rates low. Violations and accidents indicate higher risk to insurers, leading to increased premiums, especially for less experienced drivers.
Safety Ratings
Toyota Venza’s insurance rates are influenced by its safety ratings. The Insurance Institute for Highway Safety provides ratings for various safety tests, with the Toyota Venza generally receiving good ratings in moderate overlap front, side, roof strength, and head restraints and seats.
Toyota Venza Safety Ratings
| Type | Rating |
|---|---|
| Small overlap front: driver-side | Poor |
| Small overlap front: passenger-side | Poor |
| Moderate overlap front | Good |
| Side | Good |
| Roof strength | Acceptable |
| Head restraints and seats | Good |
High safety ratings contribute to lower insurance costs as they indicate a reduced risk of injury in the event of an accident. Vehicles with strong safety performance are less likely to result in costly claims, benefiting both insurers and policyholders.
Crash Test Ratings
The Toyota Venza has received strong crash test ratings, with an overall rating of 5 stars from the National Highway Traffic Safety Administration. These high ratings include 4 stars for both frontal and rollover tests and 5 stars for side tests.
Toyota Venza Crash Test Ratings
| Vehicle | Overall | Frontal | Side | Rollover |
|---|---|---|---|---|
| 2024 Toyota Venza | 5 stars | 4 stars | 5 stars | 4 stars |
| 2023 Toyota Venza | 5 stars | 4 stars | 5 stars | 4 stars |
| 2022 Toyota Venza | 5 stars | 4 stars | 5 stars | 4 stars |
| 2021 Toyota Venza | 5 stars | 4 stars | 5 stars | 4 stars |
Excellent crash test ratings can lead to lower insurance premiums, as they signify a safer vehicle with a lower likelihood of severe damage and injury in accidents. This can make the Toyota Venza a more affordable option to insure.
Toyota Venza Safety Features
The Toyota Venza safety features can help lower insurance costs. According to AutoBlog, the 2020 Toyota Venza has the following safety features:
- Air Bags: Includes driver, passenger, front head, rear head, and front side air bags.
- Braking System: Features 4-wheel ABS, 4-wheel disc brakes, and brake assist.
- Safety Features: Equipped with electronic stability control, traction control, and child safety locks.
- Visibility Enhancements: Daytime running lights and integrated turn signal mirrors.
- Additional Features: Includes front and rear head air bags and various other safety enhancements.
The Toyota Venza’s comprehensive safety features not only enhance driver and passenger protection but can also contribute to lower insurance premiums. Investing in a Venza offers peace of mind on the road and potential savings on your insurance costs.
Loss Probability
The lower percentage means lower Toyota Venza auto insurance rates; higher percentages mean higher Toyota Venza auto insurance rates. Insurance loss probability on the Toyota Venza fluctuates between each type of coverage.
Toyota Venza Auto Insurance Loss Probability
| Coverage | Loss |
|---|---|
| Bodily Injury | -7% |
| Collision | -7% |
| Comprehensive | -14% |
| Medical Payment | 10% |
| Personal Injury | 15% |
| Property Damage | 2% |
The Toyota Venza’s insurance loss probabilities reveal how different types of coverage can influence your premium costs. For instance, while medical payments coverage shows a higher rate at 10%, which can slightly increase your premiums, categories with lower loss rates, such as collision and comprehensive, can lead to more favorable insurance rates.
By understanding these fluctuations, you can better manage your insurance expenses and potentially enjoy lower premiums overall.
Toyota Venza Finance and Insurance Cost
If you are financing a Toyota Venza, you will pay more if you purchase Toyota Venza auto insurance at the dealership, so be sure to shop around and compare Toyota Venza auto insurance quotes from the best companies using our free tool below. Unlock details in our article titled “Where to Compare Auto Insurance Rates.”
Ways to Save on Toyota Venza Insurance
There are many ways that you can save on Toyota Venza auto insurance. Below are five actions you can take to find cheap Toyota Venza auto insurance rates.
- Work with a direct insurer instead of an insurance broker for your Toyota Venza.
- Ask for a new Toyota Venza auto insurance rate based on your improved credit score.
- Ask about discounts for people with disabilities.
- Ask about farm and ranch vehicle discounts.
- Park your Toyota Venza somewhere safe – like a garage or private driveway.
Discover the variety of car insurance discounts offered by top providers for Toyota Venza to help you save on your premiums. Discover insights in our guide titled “Auto Insurance Premium Defined.”
These discounts from top insurance providers for Toyota Venza offer valuable opportunities for car owners to save money while maintaining comprehensive coverage and safety on the road.
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Top Toyota Venza Insurance Companies
The best auto insurance companies for Toyota Venza auto insurance rates will offer competitive rates, discounts, and account for the Toyota Venza’s safety features. The following list of auto insurance companies outlines which companies hold the highest market share.
Top 10 Toyota Venza Auto Insurance Providers by Market Share
| Rank | Insurance Company | Premiums Written | Market Share |
|---|---|---|---|
| #1 | State Farm | $65.6 million | 9% |
| #2 | Geico | $46.1 million | 6% |
| #3 | Progressive | $39.2 million | 5% |
| #4 | Liberty Mutual | $35.6 million | 5% |
| #5 | Allstate | $35 million | 5% |
| #6 | Travelers | $28 million | 4% |
| #7 | USAA | $23.5 million | 3% |
| #8 | Chubb | $23.4 million | 3% |
| #9 | Farmers | $20.6 million | 2% |
| #10 | Nationwide | $18.4 million | 2% |
Additionally, consider factors such as customer service, claim handling, and coverage options to ensure you select a provider that meets all your needs. By thoroughly researching and comparing your options, you can secure the most comprehensive and cost-effective insurance for your Toyota Venza.
Save on your Toyota Venza auto insurance rates by taking advantage of our free comparison tool.
Frequently Asked Questions
How can I save on Toyota Venza insurance?
There are several ways to save on Toyota Venza auto insurance, such as working with a direct insurer, improving your credit score, exploring discounts for people with disabilities or farm and ranch vehicles, and parking your vehicle in a safe location like a garage or private driveway.
What are the safety ratings of the Toyota Venza?
The Toyota Venza has safety ratings of “Good” in various categories, including moderate overlap front, side, roof strength, and head restraints and seats, according to the Insurance Institute for Highway Safety (IIHS).
Find the best auto insurance company near you by entering your ZIP code into our free quote tool below.
How does the driving record affect Toyota Venza insurance rates?
Your driving record can have an impact on the cost of Toyota Venza auto insurance. Teens and drivers in their 20s may see higher rates with violations on their driving record. For additional details, explore our comprehensive resource titled “How to Get a Good Driver Auto Insurance Discount.”
Does the color of my Toyota Venza affect insurance rates?
No, the color of your vehicle does not typically affect insurance rates. Insurance companies primarily consider factors such as the make, model, age, and safety features of your Toyota Venza when determining premiums.
Do I need comprehensive insurance for my Toyota Venza?
Comprehensive insurance is not legally required, but it provides coverage for non-collision-related damages to your Toyota Venza, such as theft, vandalism, and weather-related damage. It may be worth considering, especially if you have a newer or more valuable vehicle.
What factors influence Toyota Venza insurance rates?
Several factors influence Toyota Venza insurance rates, including the driver’s age, driving history, location, and the vehicle’s model year. Additionally, factors such as the car’s safety features, mileage, and the driver’s credit score can impact the insurance premiums. To learn more, explore our comprehensive resource on “Is there a limit for auto insurance rate increases?”
Are there any specific insurance requirements for leasing a Toyota Venza?
Yes, when leasing a Toyota Venza, the leasing company may require you to carry certain insurance coverages, such as comprehensive and collision coverage, with specific limits. Make sure to check the lease agreement for any insurance requirements.
Can I get discounts on Toyota Venza insurance?
Yes, many insurance providers offer discounts that can help reduce Toyota Venza insurance costs. Common discounts include safe driver discounts, multi-policy discounts, good student discounts, and discounts for vehicles equipped with advanced safety features.
To find out more, explore our guide titled “How to Save Money by Bundling Insurance Policies.”
How does the Toyota Venza compare to other vehicles in terms of insurance costs?
The Toyota Venza generally falls within the mid-range of insurance costs compared to other crossovers. Factors such as safety ratings, repair costs, and the likelihood of theft can make the Venza more affordable to insure compared to other vehicles in its class.
Is Toyota Venza insurance more expensive for younger drivers?
Yes, younger drivers, particularly teens and those in their early 20s, typically face higher insurance premiums for the Toyota Venza. This is due to the higher risk associated with younger, less experienced drivers. However, maintaining a clean driving record and taking advantage of available discounts can help reduce these costs.
Get fast and cheap auto insurance coverage today with our quote comparison tool below.
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Jeff Root
Licensed Insurance Agent
Jeff is a well-known speaker and expert in insurance and financial planning. He has spoken at top insurance conferences around the U.S., including the InsuranceNewsNet Super Conference, the 8% Nation Insurance Wealth Conference, and the Digital Life Insurance Agent Mastermind. He has been featured and quoted in Nerdwallet, Bloomberg, Forbes, U.S. News & Money, USA Today, and other leading fina...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
