Toyota Sequoia: Insurance Costs and Insurance Percentages

The United States spends, on average, $1459 per year to insure a Toyota Sequoia. This is lower than the national average insurance rate, which is $1496. Maine is the only state where you can insure a Sequoia for less than $1000. The average annual insurance rate is $918 in Maine. The median price in Maine is also relatively low. Maine is the 5th least expensive state to buy a Toyota Sequoia, with a median price as low as $16,891.

Louisiana is the most expensive state to insure the Toyota Sequoia. With an average annual insurance rate of $2561, Louisiana’s insurance rates are more than twice the rates in Maine. The median price in Louisiana is also not very low, at $23,990.

Montana, Michigan, and Oklahoma are the other three states where insurance rates are extremely high, with average insurance rates above $2000. Of these, Montana is also exorbitant in terms of purchase costs. The median price of the Toyota Sequoia is $34,995 here. Oklahoma has a low median price, at $13,911. The average insurance rate in Oklahoma is $2342, the second highest in the country. Insurance costs account for 16% of the median price. This is the highest insurance percentage for the Toyota Sequoia in the United States.  The median price of the Sequoia is $15,995 in Michigan, and the average insurance rate is $2302, i.e., 14% of the median price.

The median price of the Toyota Sequoia is the highest in West Virginia, at $53,011. Insuring it is also expensive in West Virginia, with an annual average insurance rate of $1862, i.e., 3% of the median price. The median price of the Sequoia is the lowest in Indiana, at $11,349. The average insurance rate in Indiana is also not very high, at $1144, i.e., 10% of the median price.