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Car Insurance Facts
Did you know that car insurance payouts have been on the rise in recent years? It’s true — in 2019, car insurance companies in Canada covered approximately $18 billion worth of vehicle damage. This is a drastic difference from the past. For instance, in 1990, car insurance providers only covered $6 billion in damages.
On the other hand, are you aware that car insurance prices range from province to province? For instance, the average in some provinces is as high as $1680, while in others, it’s as low as $640!
About Toyota
Toyota Motor Corporation, established in 1937, is one of the largest automobile manufacturers in the world, and its headquarters are located in Nagoya, Japan. In 1967, the company partnered with Toyota Canada to begin distribution overseas. They have sold over 4 million vehicles in Canada through their 285 Toyota and Lexus dealerships. To date, the Toyota Corolla is the world's all-time best-selling vehicle, with the Camry and RAV4 close behind in popularity. The Toyota brand is known for its affordability and reliability and is world famous for being a manufacturer of high-quality, high-value cars, vans, and trucks and is known to set the standard for long-term resale value and durability.
If you’re looking to get a Toyota vehicle, that’s where Surex comes in. We can help you find the right insurance for your car!
FAQ’s about Toyota car insurance
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.
Lowest Quotes for these Toyota Vehicles *
MODEL |
LOCATION |
POSTAL CODE |
LOWEST RATE(monthly) |
CARRIER |
|---|---|---|---|---|
2020 CAMRY LE 4DR |
ONTARIO |
L7R 3N2 |
$127 |
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|
2020 CAMRY LE 4DR |
ALBERTA |
T5T 4J2 |
$277 |
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|
2020 CAMRY LE 4DR |
NOVA SCOTIA |
B2H 2J6 |
$129 |
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** Intact |
2020 RAV 4 LE 4DR SE |
ONTARIO |
L7R 3N2 |
$120 |
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|
2020 RAV 4 LE 4DR SE |
ALBERTA |
T5T 4J2 |
$278 |
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|
2020 RAV 4 LE 4DR SE |
NOVA SCOTIA |
B2H 2J6 |
$116 |
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** Intact |
2020 COROLLA L 4DR |
ONTARIO |
L7R 3N2 |
$128 |
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|
2020 COROLLA L 4DR |
ALBERTA |
T5T 4J2 |
$275 |
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|
2020 COROLLA L 4DR |
NOVA SCOTIA |
B2H 2J6 |
$128 |
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** Intact |
2020 HIGHLANDER L V6 4DR |
ONTARIO |
L7R 3N2 |
$121 |
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|
2020 HIGHLANDER L V6 4DR |
ALBERTA |
T5T 4J2 |
$277 |
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|
2020 HIGHLANDER L V6 4DR |
NOVA SCOTIA |
B2H 2J6 |
$113 |
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** Intact |
2020 TACOMA V6 Access Cab |
ONTARIO |
L7R 3N2 |
$116 |
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|
2020 TACOMA V6 Access Cab |
ALBERTA |
T5T 4J2 |
$291 |
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|
2020 TACOMA V6 Access Cab |
NOVA SCOTIA |
B2H 2J6 |
$129 |
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** Intact |
Our Reviews
Surex and I have been doing business for a few years now. They answer my calls and if necessary. Very polite and knowledgeable. My paperwork always arrive in prior to renewal and is accurate. They have very good rates.
Ashley Bushfield at Surex is pure magic. She's a miracle worker — I don't know how she does it, but she gets things done.
From day one she was on top of everything. Quick replies over text, always knew exactly what was going on with my file, and got things sorted fast. I never had to chase her for anything, which meant everything to me when I was stressed out.
She's so easy to reach. Text her and she gets right back to you, no phone tag, no waiting on hold. Things are just so easy with Ashley. She went out of her way to deal with problems that weren't even hers — fought to fix messes she didn't create, just because she cared about getting it right for me.
She's an example of what real customer service is supposed to be. It's rare to find someone who actually cares like this. Surex is lucky to have her — I hope her managers know what they've got.
If you want a broker who'll look after you, ask for Ashley. I can't recommend her enough — she's the best.
Patti was an absolute pleasure to work with! My husband and I were getting ready to put an offer on our new home and needed to secure insurance before we could comfortably move forward. We quickly learned just how fast things move in the real estate world, especially while juggling two kids and busy work schedules!
Patti walked us through everything step by step and even gave us the gentle nudges we needed to stay on top of forms and deadlines. She was incredibly patient, kind, professional, and had such a great sense of humour throughout the entire process.
In such an AI-driven world, it felt especially meaningful to have a genuine human connection while navigating such a big milestone for our family. Patti truly is the epitome of professionalism and such a positive representation of your company.
Thank you so much, Patti, for making the insurance side of purchasing our new home feel easy and personal. We genuinely appreciate you!
My experience from start to finish was wonderful. Ashley who helped me was transparent and clear about coverage, premiums and more. I’m glad someone has recommended Surex and Ashley to help me.
Right from the start I have had a very pleasant experience with Surex. In particular dealing with Miguel Pavon, who went the extra mile to ensure I was well taken care of and all my concerns were resolved. Miguel is efficient and kind. He was timely in the process of securing both my home and auto insurance. I highly recommend him snd hope he is appreciated as one of your team members.
Thanks
Susan Korpela