Out of 29 total comparison vehicles, the 2022 Toyota Highlander is ranked #15 in the midsize SUV category. The average annual cost of Highlander insurance is $1,534, whereas the average annual cost for the category is $1,544, a difference of $10.
A Toyota Highlander’s annual car insurance premium is $146 less than that of a Jeep Grand Cherokee, $100 more than that of a Ford Explorer, $158 less than that of a Jeep Cherokee, and $136 more than that of a Subaru Outback when compared to popular midsize SUV models.
It’s possible that Highlander car insurance will be less expensive than insurance for many other models that are rated higher on the table because rates vary widely depending on the trim level you’re insuring. It’s easiest to just obtain a quotation so you can know exactly how much insurance will cost for your specific circumstance and zip code since we average rates for all trim levels of each model.
The Highlander’s position among the top 10 selling midsize SUVs in the United States is depicted in the graph below. After the chart, we’ve included a more detailed rate table that ranks the affordability of auto insurance across the board for the midsize SUV segment and displays the premium difference between each model and the Highlander.
In This Article...
Do Toyotas have high insurance costs?
A Toyota costs $1,226 on average a year to insure. Comparing this premium to other makes and models, it is below average. To assist drivers in selecting the best alternative, MoneyGeek divided auto insurance premiums for popular Toyota models by model year and driver age.
Do outlanders cost a lot to insure?
The typical annual premium for a Mitsubishi Outlander SE is $2,916, which is $91 more expensive than the typical annual premium for Mitsubishis. Your insurance prices will be influenced by your vehicle’s base price. A more expensive car will typically cost more to insure.
Does insurance for SUVs cost more?
Additionally, ValuePenguin discovered that GEICO and Progressive consistently provided the lowest rates for SUVs. In comparison to the average charges from the other companies, the bids from these two businesses were, on average, 39% less expensive. Comparing these two businesses to those with the highest rates, you could save $3352 by choosing one of them.
According to the analysis, the following companies offer these SUVs at the lowest rates:
- Honda CR-V from GEICO: $1634
- Toyota RAV4 from GEICO: $1744
- Progressive: $1630 for the Chevrolet Equinox
- Progressive: $1649 for the Ford Escape
- Progressive: $1926 for the Chevrolet Tahoe
Remember that an SUV costs more on average than a car, so the prices could potentially differ substantially. SUVs cost $314 less to insure yearly on average than sedans.
Larger cars, such as trucks and SUVs, typically cost more to insure. Even when compared to compact cars, subcompact crossover SUVs have some of the most affordable rates. ValuePenguin estimates that a small SUV costs $2700 on average, while a midsize sedan costs $3114 and a compact car costs $3120.
In contrast, larger SUVs have among of the highest rates because of the heightened risk that their size poses to other drivers.
Do Toyota Highlanders frequently experience issues?
Similar problems with the motorized tailgate and air conditioning system plagued the Toyota Highlander’s previous version from 2008 to 2013. A few owners have also complained of oil leaks from the engine and clunking sounds they hear when rotating the steering wheel.
Which Toyota is the least expensive to insure?
The Toyota C-HR, a small SUV, has the cheapest Toyota insurance for 2022, costing an average of $1,254 a year. The Toyota Corolla Cross, which has an annual insurance cost of $1,310, is the second-cheapest Toyota.
- Toyota C-HR (small SUV): $1,254 year on average for insurance
- Toyota Corolla Cross (small SUV): $1,310 on average yearly insurance premium
- Toyota Tacoma (midsize truck), $1,414 average annual insurance premium
- Toyota Venza, a midsize SUV, has an average annual insurance cost of $1,424
- The small SUV Toyota RAV4 has an average annual insurance premium of $1,440.
Which is less expensive to insure, Honda or Toyota?
Our findings show that Toyotas have slightly lower insurance rates than Hondas. For a Toyota, the average annual premium is $2,616, and for a Honda, it is $2,800.
Are insurance costs for newer automobiles lower?
Is newer or older automobile insurance more affordable? Sadly, there isn’t a simple solution to this. Your car will play a role in how much your insurance will cost; normally, a newer car offers higher safety and security.
What is the lifespan of a Toyota Highlander?
The Toyota Highlander can run for up to 300,000 miles, or almost 20 years, according to statistics. Although that is a long time to own any vehicle, Highlander owners appear to be happy with their purchase. 12.4 percent of Highlander owners, or twice as many as the average SUV owner, keep their vehicles for more than 15 years, according to iSeeCars.
Cities like Jacksonville, Florida, saw percentages up to 17% higher than that. The lifespan of a 300,000-mile SUV is also longer than that of most other SUVs. Competitors like the Ford Explorer and Nissan Pathfinder typically have a 250,000-mile lifespan.
The outstanding dependability of the Toyota Highlander is supported by Consumer Reports as well. Since 2001, the Highlander has received an excellent or nearly excellent overall reliability rating. Over the years, owners have reported a few issues with their Highlanders, but the most are easily rectified. Toyota frequently paid owners back for the cost of repairs when there was a recall, for example.
Although Highlanders rarely draw criticism, certain model years are worse than others. Because of its defective brakes and engine block bolts, the 2003 model is often regarded as being the worst. The 2015 Highlander’s unpleasant seats are another reason why it isn’t a popular with buyers.
Which Toyota Highlander model is the best?
The 20082013 edition is most likely the best option. You get more interior room, more features, a more potent engine lineup, better safety ratings, and better crash test results with this generation.
Are Highlanders reliable vehicles?
The Highlander is an excellent SUV, yes. It has plenty of basic safety technology, comfortable seats for adults in the first two rows, and decent cabin materials. The Highlander’s powerful, fuel-efficient V6 engine, balanced handling, and comfortable ride also make for a great driving experience.