Toyota Scion IQ Car Insurance: How Much Should You Expect to Pay?

Quick Facts

• A Toyota Scion IQ is more affordable to insure than the average car.

• Liability insurance for a Scion IQ tends to be about $60 monthly, while full coverage normally averages around $134.

• Mile Auto is the most affordable car insurance carrier for a Scion IQ.

Scion IQ Overview

The Toyota Scion IQ is a great budget-friendly car for drivers of all types, with 2015 models starting at $15,665.

We analyzed thousands of auto insurance quotes on Compare.com, and we've found that Toyota Scion IQ insurance rates average out to about $121 a month. Compared to other vehicles in the market, how do Scion IQ auto insurance prices stack up?

How Much is Car Insurance for a Toyota Scion IQ?

If you look at the table above, you'll find that Toyota Scion IQ insurance premiums are lower than average compared to other vehicles. On average, Scion IQ drivers will pay around $134 monthly for full coverage, which has comprehensive and collision coverages in addition to liability, and about $60 per month for liability only insurance (learn more about these different types of insurance with our guide "State Minimum vs. Full Coverage").

Compared to other models, the Scion IQ is cheaper, with rates more than 10% lower than the other vehicle types offered by Toyota. Likewise, coverage for the Scion IQ is lower than average when compared to other vehicles of a similar body style, with both full coverage and liability only insurance averaging less expensive premiums than other cars.

Overall, they're just more affordable to insure than the average vehicle, no matter what body style, model, or make they are.

Who has the Cheapest Car Insurance for a Toyota Scion IQ?

Shopping around for an auto insurance policy for your Toyota Scion IQ? You most likely want to know which company offers the cheapest prices. Although costs will usually be pretty different from driver to driver, the cheapest average rates for liability only insurance are sometimes as low as $23 a month from Safeco. The runner up for lowest rates is Shelter Mutual, with car insurance policies starting as low as just $33 monthly.

FirstChicago, MetroMile, and Sun Coast round out the end of the top 5 list. However, just because these five companies offer the lowest average rates doesn't necessarily mean they'll be the cheapest carriers for you and your unique insurance profile.

After all, your results might be different, since insurance companies look at a bunch of different factors when calculating rates. By analyzing quotes from a bunch of auto insurance carriers at once, you can be confident you're finding the most affordable rate.

What Factors Affect Car Insurance Rates for a Toyota Scion IQ?

There are a wide array of variables that car insurance companies take into account to decide how much to charge you -- and every carrier weighs certain attributes more than others, so there's not one single company that's the lowest for everyone.

Keep reading to learn which things auto insurance carriers look at and how they affect your final rate:

Vehicle Age

The Toyota Scion IQ has been around for a while, so vehicle age may play a role in what you end up paying for insurance. Normally, it costs more to insure newer cars because they're worth more, but as they age, insurance costs will gradually get lower.

A new Toyota Scion IQ model hasn't been added to the market for over 5 years, so the Scion IQ won't really fit this trend. However, as you can see in the table above, the most expensive Toyota Scion IQs to insure are those that are 8 to 10 years old, while the cheapest models are Scion IQs that are 1 year old or less, on average.

Your Age

Age is another variable that plays a significant role in how much you pay for car insurance. As you can see above, drivers who have more experience have cheaper prices compared to younger drivers. Toyota Scion IQ drivers 18 to 24 actually pay $45 more than those 25 or older.

Auto insurance prices continue to go lower as you get older, with the cheapest age group being 65 years and older for Scion IQ drivers.

Your Gender

Because women are less likely to get speeding tickets and get into accidents, they are less likely to file a claim with insurance. So, women tend to get cheaper rates than men. The Toyota Scion IQ follows this convention, and men pay about 7% more than women a month for auto insurance.

Where You Live

You're probably already aware that variables such as what vehicle you drive and how old you are play a role in your car insurance rates, but did you know that where you live can matter just as much? Since insurance is regulated on the state level rather than nationally, premiums shift quite a bit depending on what state you reside in.

For example, the average Toyota Scion IQ owner from New York pays around $186 per month for liability coverage, while the same driver from California will pay only 25% of that price, on average.

Toyota Scion IQ Car Insurance Discounts

No matter how old you are, which vehicle you drive, or what state you live in, using as many discounts as possible when it comes to your auto insurance is always the smart move when shopping around for a policy.

Even though all insurance companies offer their own unique discounts, there are a few different ones that you'll find with most carriers. These include discounts like:

• Vehicle safety discounts for having a vehicle with certain safety features (like anti-lock brakes or air bags) or one with higher safety ratings
• Defensive driving discounts for taking a defensive driving class from a certified school or institution
• Multi-policy discounts for using the same insurance carrier for both your home and auto insurance
• Pay-in-full discounts for choosing to pay your entire policy premium at once, rather than by monthly payments

These are just a few of the discounts car insurance companies offer, and sometimes, the best way to get the cheapest rates is by strengthening your overall insurance profile that carriers look at. This includes things like avoiding lapses in coverage, not having recent insurance claims, and driving safely.

Although you can't control every single aspect of your auto insurance profile (like some of the variables we mentioned above), there is quite bit in your control. Below are just a few of the ones you can use in your favor in order to save on car insurance:

Your Driving Record

It's no secret that insurance carriers offer the cheapest prices to drivers with a history of responsible driving. It follows that your auto insurance premiums will go higher if you get into a collision or get tickets. But you're probably wondering exactly how much these infractions can cost you.

As you can see, accidents will usually cost Scion IQ drivers less than tickets, but both will result in above average rates. Toyota Scion IQ drivers with one accident on their record pay an average of $66 each month (up $6 from the $60/mo. overall average), while drivers with a single ticket will pay about $67 monthly. The rates only go up the more tickets you get or collisions you have.

How Much You Drive

The total amount of miles you drive annually affects your car insurance prices. Drivers who are on the roads less often are less likely to get into accidents, so they'll generally be offered less expensive rates. In the above table, you can see that Toyota Scion IQ owners who drive fewer than 2,500 miles every year pay about $46 a month for insurance, while those who put 10,000 miles or more on their cars pay $70.

But if you don't use your Toyota Scion IQ to travel or commute regularly, you might consider a usage-based or pay-per-mile car insurance policy. With these policies, you pay a small monthly amount, and your final monthly bill is calculated based on the number of miles you drove.

How Do Toyota Scion IQs Compare to Other Vehicles?

If you're considering purchasing a new vehicle and a Toyota Scion IQ is on your shortlist, you're probably wondering how it compares to other vehicles. Car insurance is just one cost that comes with buying a new car, but it's certainly one that's worth thinking about carefully.

Review the table below to see how the Toyota Scion IQ compares:

With an MSRP that's less than half of the going rate for a new vehicle, the Toyota Scion IQ is a fantastic value for any budget. The Scion IQ goes for $15,665, which is quite a bit lower than the national average vehicle price of $40,100. A used Scion IQ will be even lower, since there hasn't been a new model added to the market in the last few years.

Similarly, insurance prices run below average when compared to the rest of the vehicle market. Full coverage insurance for a Toyota Scion IQ is about $50 a month cheaper than average, while liability only coverage is per month.

When it comes to usage, Toyota Scion IQ drivers are near the national average in annual miles driven, with 11,056 miles a year compared to 11,660 for all vehicles.

Toyota Scion IQ Car Insurance Costs by Model Year

You've seen how different factors can have an impact on how much the average driver pays for auto insurance. If you're considering buying a new vehicle and the Scion IQ is one you're thinking about, knowing what you can expect to pay for the specific vehicle you're looking at can be helpful as you consider your options.

For this reason, we've broken down Toyota Scion IQ insurance premiums by model year. Choose a model year from the dropdown below to see average rates for both liability only and full coverage options. You'll also find some other helpful info, like who offers the most affordable policies, which trim levels are offered, and the base MSRP for each year the Scion IQ has been around.

2015 Toyota Scion IQ Car Insurance

The average cost to insure a 2015 Scion IQ with liability only coverage is $27 a month, while full coverage runs around $119 monthly.

Mercury has rates as cheap as just $27 per month for the 2015 Toyota Scion IQ.

If you want more accurate quotes of how much you can expect to pay, get free quotes in minutes by just entering your ZIP code below.

2014 Toyota Scion IQ Car Insurance

2014 Toyota Scion IQ drivers can expect to pay an average of $60 a month for liability or $163 for full coverage.

With prices sometimes as little as $22 per month, Safeco offered the lowest policy we found for the 2014 Toyota Scion IQ.

If you want to find the best rates for car insurance for a 2014 Toyota Scion IQ, enter your ZIP code below and compare a range of personalized quotes in just a few minutes.

2013 Toyota Scion IQ Car Insurance

On average, drivers who own a 2013 Scion IQ can expect to pay $41 to $136 monthly for liability only and full coverage auto insurance, respectively.

Looking for the cheapest policy? Sun Coast offered liability only coverage for sometimes as cheap as $22 a month.

Want something more accurate than nationwide averages? Enter your ZIP code below to get several free customized quotes.

2012 Toyota Scion IQ Car Insurance

It costs about $66 monthly for liability or $121 for a full coverage policy for the 2012 Toyota Scion IQ.

If you're looking for the lowest possible 2012 Toyota Scion IQ insurance policy, Liberty Mutual offered the lowest policy we found, with rates as little as $20 per month.

These average premiums are a great starting point if you're in the market for a 2012 Toyota Scion IQ, but there are a range of different things that go into calculating your policy rates. If you want to figure out exactly what you'll be asked to pay, get customized quotes by entering your ZIP below.

Toyota Scion IQ Insurance FAQs

Is a Toyota Scion IQ expensive to insure?

Liability insurance runs an average of $60 a month, while full coverage will cost you around $134. The Toyota Scion IQ is less expensive to insure compared to the average car.

How can I get the best price on car insurance for my Toyota Scion IQ?

There's only one way to confirm you're getting the most affordable rates -- regularly shopping around and comparing quotes from numerous companies. A good rule of thumb is to get quotes every 6 months or so. Luckily, sites like Compare.com let you compare prices from a multitude of carriers at once, meaning you can find the cheapest rates (or guarantee you already have the best deal) in just a few minutes.

Does the color of my Toyota Scion IQ affect my insurance rates?

Have you heard the old adage that red cars cost more to insure before? Well, that's simply not true. While there are a variety of variables insurance companies examine when they calculate your premiums, your Scion IQ's color is not on that list.

Do I need to have insurance before I buy a Toyota Scion IQ?

Before you can legally drive your new (or new to you) Toyota Scion IQ off the dealership lot, you'll need to have a valid auto insurance policy. Some dealerships will offer you one during the purchase process, but it's best to let your car insurance company know before you buy.

What car insurance discounts can I get for my Toyota Scion IQ?

There are multiple different discounts out there for insurance. Many of them (like "pay-in-full discounts" and "safe driver discounts") are based less on your vehicle and more on you, but if your Scion IQ has safety features like airbags, anti-lock brakes, anti-theft systems, and other features, it may be eligible for certain discounts. To find out which discounts you might receive, contact your insurance carrier and ask about their list of discounts.