Toyota & Lexus Auto Insurance
Get a Quote For Your Toyota Or Lexus Auto Insurance
Toyota and Lexus models are among the most popular vehicles insured at Ambroziak & Rao Insurance Brokers. They are extremely reliable vehicles with great fuel usage ratings and well built components. As car enthusiasts, the team at Ambroziak & Rao have great respect for these two brands and are happy to provide competitive auto insurance quotes on them.
Over the recent years, insurance companies have increased the insurance rates on Toyota and Lexus owners significantly. At Ambroziak & Rao, we do everything we can to keep these rates in check.
Visit our office at 250 Dundas St W Suite 408, Mississauga ON L5B 1J2 or call 905 366 0066.
Find Top Toyota Insurance Rates
Our team will check the market to find the most competitive Toyota and Lexus insurance rates.
Home Insurance Bundle
Bundle your Toyota auto insurance with your property policy to get more savings!
Toyota & Lexus High-Theft Surcharge
Avoid the high-theft risk surcharge insurance companies often add. Speak with our team today!
High-Risk Insurance For Toyota
Are you a high-risk driver purchasing a Toyota or Lexus? We can help.
Toyota & Lexus Auto Insurance Quote
T: (905) 366 0066
F: (905) 276 5373
250 Dundas St W Suite 408 Mississauga ON L5B 1J2
“Find The Cheapest Insurance for Your Toyota by Comparing Multiple Insurance Companies At Once!”
How Much Do Toyota And Lexus Vehicles Cost To Insure On Average?
Toyota and Lexus vehicles have been very popular amongst the clients of Ambroziak & Rao. We insure these vehicles almost daily. Below you will find many of the models we insured in the past, as well as their average insurance rates in Ontario. Each city may have a higher or lower average. Your personal record will have an impact on your insurance.
Toyota & Lexus Models
Select a manufacturer below to view Ontario average insurance benchmarks.
- Camry Hybrid Avail. Avg. Ontario:
- Corolla Avg. Ontario:
- Prius Hybrid Avg. Ontario:
- RAV4 Hybrid / PHEV Avg. Ontario:
- Corolla Cross Avg. Ontario:
- Highlander Hybrid Avail. Avg. Ontario:
- Tacoma Avg. Ontario:
- Sienna Hybrid Avg. Ontario:
- 86 / GT86 Performance Avg. Ontario:
- GR Supra Performance Avg. Ontario:
- IS Series Avg. Ontario:
- ES Series Avg. Ontario:
- LS Series Avg. Ontario:
- UX Avg. Ontario:
- NX Avg. Ontario:
- RX Avg. Ontario:
- GX Avg. Ontario:
Why Have Toyotas and Lexuses Become So Expensive To Insure?
Toyota and Lexus vehicles are some of the best-selling vehicles in Canada. Lexus is the luxury brand of Toyota and offer vehicles with a little more elegance and luxury. When a company such as Toyota which is known for their extremely reliable cars creates vehicles that are also luxurious, sporty and elegant, you get a perfect vehicle. Because of their perfection, these vehicles also have a big target on them making them wanted by thieves.
Over the last several years, Toyota and Lexus vehicles have been topping the charts for most stolen vehicles in Canada. Some of the most stolen vehicles include the Lexus RX, TX, and GX lines. From the Toyota lineup, the most stolen models include the RAV4, Tundra, Highlander and Grand Highlander.
In addition to a high frequency of thefts for these vehicles, both Toyota and Lexus cars have become a lot more technologically advanced including more sensors, driver-assistance features and safety features. These features are great to have, but are very expensive to fix. In the event of a minor fender bender, the repair shop may need to fix all the damaged sensors, cameras as well as the bumper itself. These sensors require specialized technicians who charge more for their labor and specialty tools that not all shops carry.
Parts have become more expensive to ship and certain parts could take weeks to arrive. If it takes a long time to repair the vehicles, the insurance companies may need to cover the rental cars for clients which could cost up to $70 per day.
All these reasons are why insurance companies have increased their rates for Toyota and Lexus vehicles significantly over the last few years. Cities such as Mississauga, Oakville and Burlington have experienced massive premium jumps. At Ambroziak & Rao, it is our goal to keep these rates as low as possible so you can enjoy these vehicles instead of worrying about the next payment. Call our office at 905 366 0066 or visit us at 250 Dundas St W Suite 408, Mississauga ON L5B 1J2.
What Can You Do To Get The Best Toyota Insurance Rate?
As you now know, Toyota and Lexus insurance premiums in cities such as Mississauga or Oakville are very high. In order to keep your insurance prices low, there are a couple of things you can do:
- Find a broker who understands the market and will shop for you. The most important step in getting a good rate for your Toyota is to have a broker pinpoint which insurance company is most friendly to your vehicle and driver profile. Once we know the company thats most competitive, we can then use the next steps to reduce the rate for that specific carrier.
- Apply all discounts you are eligible for. This is where a knowledgeable and experienced auto insurance broker will be able to help as they will figure out what discounts can be added for you. Some examples include the multi-policy discount, green discount, winter tire discount, multi-vehicle-discount and conviction free discount.
- Remove any Toyota or Lexus high-risk surcharges. Some insurance companies charge up to $1500 for certain Toyota and Lexus models. It’s essential that those surcharges are removed as they can stay on your policy for many years.
- Keep a clean driving record. Do not get any tickets, accidents or non-payment’s on your records as that will significantly increase your rates for these vehicles.
- Increase your deductibles. If your leasing or financing contract allows for it, consider a $2500 or $5000 deductible as that will reduce the collision and comprehensive portion of your policy which are very expensive for these vehicles.
Call our office today and speak with our experienced auto insurance brokers: 905 366 0066.
Toyota vs. Lexus Insurance Cost Comparison
Average estimated monthly & annual premium ranges across Ontario
- Popular Models: RAV4, Corolla, Camry, Highlander
- Key Drivers: High reliability, accessible OEM parts
- Theft Impact: RAV4 & Highlander models carry high-theft carrier surcharges
- Popular Models: RX 350, NX 300, IS 350, GX / LX
- Key Drivers: Higher MSRP, specialized luxury sensor repair
- Theft Impact: RX Series & GX models trigger mandatory TAG tracking requirements
Popular Coverages and Limits for Toyota And Lexus Insurance Policies
When you purchase a Toyota, you are purchasing a vehicle that can last for decades. These are vehicles that can easily run 300,000km and still be sold for a good price. They also do not depreciate much because of their superior reliability.
- Uber/Lyft usage. Toyotas are very popular amongst Uber and Lyft drivers. They are inexpensive to maintain and very comfortable for passengers. If using your Toyota for rideshare, its very important to notify your insurance company and broker and get approved.
- Full coverage including comprehensive and collision coverage. As these vehicles can last very long, its a good idea to maintain full coverage to cover the vehicle in the event of an at-fault accident, vandalism, theft of the entire vehicle or several other claim events.
- Claim Forgiveness or Accident Waiver. This protects you from premium increases arising out from accidents that were at-fault. If you choose not to purchase this coverage or do not qualify and are involved in an accident caused by you, your insurance premiums may increase significantly upon renewal.
- Increased liability limits. It’s always a good idea to increase your liability limit from $1,000,000 to $2,000,000.
- OPCF 43. If you are purchasing your vehicle brand new, you may qualify for OPCF 43 which is a depreciation waiver for up to 24 months. We created an estimator tool to show you what you could possibly save in the event of a total loss below.
Call us at 905 366 0066 or stop by our Mississauga office at 250 Dundas St W Suite 408, Mississauga ON L5B 1J2.
OPCF 43 Waiver of Depreciation ROI Calculator
See how much equity you protect if your new vehicle is totaled or stolen within its first 24 months.
Without OPCF 43, standard auto insurance deducts depreciation from day one. With OPCF 43 attached, the insurer waives depreciation and pays the lowest of your original purchase price, current MSRP, or a new replacement model.
*Disclaimer: Estimated calculations assume a standard new vehicle depreciation curve (~10% drive-off drop scaling to ~25%–30% at month 24). Actual settlement payouts depend on carrier wording, total loss assessment, and deductible application. Endorsement must be added within initial eligibility window (typically 12 months of delivery).
Customer Success
Margaret Bara
T: (905) 366 0066
F: (905) 276 5373
E: mbara@pbnet.ca
Customer Service
Anu Kaur
T: (905) 366 0066
F: (905) 276 5373
E: akaur@pbnet.ca
Customer Success
Teresa Klubinski
T: (905) 366 7530
F: (905) 276 5373
E: teresak@pbnet.ca
Director & Lead Broker
Lidia Ambroziak
T: (905) 276 9597
C: (416) 737 9647
E: lidiaa@pbnet.ca
Director & Lead Broker
Harish Rao
T: (905) 276 9495
C: (416) 420 2383
E: hrao@pbnet.ca
Why Ambroziak & Rao?
Our team includes several car enthusiasts and Toyota fans. Our team has insured many Toyotas and Lexus and have owned some as well.
Dedicated Broker
You will be assigned a licensed insurance broker who will offer the best rates for your Toyota and help service your insurance policy in the future.
Fast Quotes
We understand you may excited to pickup your new Toyota or Lexus and forgot to get an insurance quote. We are here to quickly help!
Contact
Ambroziak & Rao prides itself on the communication it has with clients. We can be contacted via email, phone, text and respond very quickly! 905 366 0066.
Best Rates
As insurance brokers, we have access to many insurance companies with competitive rates which means we can offer the best rate for you!
Ambroziak & Rao Insurance Brokers Reviews
Frequently Asked Questions
We are more than happy to answer any and all of your Lexus and Toyota insurance related questions. Speak to one of our licensed insurance brokers today!
?
Yes, Ambroziak & Rao is a RIBO licensed insurance brokerage operating under license 3428. You can search us at the RIBO Brokerage Search.
Making changes to your insurance policy has never been easier!
Contact our team at 905 366 0066 and one of our customer success managers will happily assist you.
If you would like to call our team at Ambroziak & Rao Insurance Brokers, you can call 905 366 0066, or visit our Mississauga office at 250 Dundas St W Suite 408 Mississauga ON L5B 1J2.
As established Mississauga insurance brokers, we have partnered up with Canadas largest and most trusted insurance companies. This means our brokers are able to shop your coverage requirements with multiple insurers all at once.
The first step before creating an insurance policy is creating a quote. One of our experienced Mississauga insurance brokers will happily help you get competitive quotes from the largest insurance carriers in Canada.
Once a quote is completed and you are happy with the coverage and price, our team will create the applications, confirm your records and send the applications over to your email for e-signing.
Once signed, our team will review the policy and issue it with the insurance company.