Toyota MR2 Insurance Cost – Everything You Need To Know

You may be wondering about the Toyota MR2 insurance cost.

The Toyota is generally a reliable vehicle. Some problems with the Toyota do happen but overall, you can count on its good quality and performance. 

This is why you are probably thinking if it is worth investing in this vehicle. Moreover, you may want to know how much you should expect for the insurance cost. 

In this post, we will discuss key points about the Toyota MR2, insurance cost based on the age and driving history, and many more. Let’s dive right into it.

toyota mr2 insurance cost

Toyota MR2 Facts

First of all, let us discuss whether the Toyota MR2 is worth it. Primarily, this is a car that should last for a long time, particularly the first generation model. The value is also ever-increasing, which makes it a good investment. The reputation it has garnered over the years is its reliability and functionality.

Thus, it is not surprising that there is hardly any concern for most people when buying the Toyota MR2. Whether it is the first or other generations, the performance is great. The engines are reliable, although some engines do fare much better than the other ones. Balance, steering, and handling are just some of the many selling points of the Toyota MR2. The suspension is quite sturdy and rigid, at the same time.

Therefore, this model of vehicle will not disappoint any owner. In terms of mechanical and aesthetic features, you will be amazed by the value you can get from your money. Hence, it is worth every dollar you pay.

Toyota MR2 Insurance Cost

Now, let us talk about the cost of insurance for the MR2. Considering how reliable and high-performance this vehicle model is, you may be wondering whether it is cheap or expensive to insure it. 

It is most definitely a cheaper alternative to other sports cars that come with a steeper price tag. But at the same time, do take note that the price point of the MR2 has been going up. Yet, it is still regarded as an economical and a safe vehicle to buy.

If you are in search of a first vehicle, the Toyota MR2 will let you down. There is a reliable powertrain to it, as well as an impressive performance overall. This is why for the insurance, it should also be quite reasonable.

For the most part, the cost of insurance for the Toyota MR2, particularly the 1.796 cc averages at $970 for a year – this is the computation for the average adult. However, the price creeps up for teens, which can go as high as $1,610. For senior and more experienced drivers, it is at $805, on average. 

With that being said, the cost of insurance for the Toyota MR2 largely depends on the generation model and the many other factors impacting the policy cost.

We also would like to add that the price for the Toyota MR2 insurance is fairly reasonable. But at the same time, we recommend choosing your car well. You may also want to include a teen driver in your policy. To get the best value, you may also consider increasing the deductibles and adjusting the existing coverage that you have.

Generally, a younger driver around 18 to 25 years of age, is often regarded as a higher risk for insurance companies. This is why the cost of insurance is a bit steeper than for the average adult. 

The price offered by insurance companies varies, but not by much. Here are some of the insurance companies in the United States and their quotes for the Toyota MR2 insurance cost:

Auto Owners$861
American Family$748
Liberty Mutual$1,238

It is also important to note that these are the quotes for the Toyota MR2 Spyder, 1999 model. The price may be lower or higher for other models. Thus, it is good to get a quote directly from the insurance company you are looking into.

Now, as for the rates per age of drive, the cost varies, as well:

$1,58116-19 years old
$1,53820 – 24
$1,29425 – 29
$1,11430 – 34
$89935 – 39
$93440 – 44
$85545 – 49
$74850 – 54
$92055 – 59
$76960 – 64
$80565 – 69
$72670 – 74
$74875 and up

 These rates are just rough estimates. The price varies from one company to another, so it is good to inquire straight from the insurance company in question to get an accurate rate.

Read More: What Is Toyota Dynamic Navigation Cost 2021? Updated Info


The Toyota MR2 insurance cost depends on various factors such as the age, history of driving experience, and so much more. It is good to ask for a quote and compare rates offered by different companies. By doing so, you can get a good value for your dollar and get the coverage you need.

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