Car insurance for a Scion FR-S

How much does it cost to insure a Scion FR-S?

The average cost of car insurance depends significantly on both the vehicle in question and the driver. Based on where you live, your driving record, the type of car you drive and the coverage you want, you may pay more or less than someone else. If you’re speeding around in a Scion FR-S, you’re apt to pay more than your friend in a minivan.

While Toyota is no longer making the Scion FR-S, the car is still on the road. And, if you want to buy one, you’ll still need to get it insured. Because it’s a sports car, insurers may charge increased premiums for the FR-S because of the car’s total value and the perceived risk of speeding and other dangerous driving. Factors that may impact Scion FR-S insurance costs include:

• Crash rate statistics: There is no crash-related data specifically for the FR-S. However, the Insurance Institute for Highway Safety (IIHS) reported that the midsize sports car death rate for vehicles made between 2017 and 2020 was 76 per 1 million registered vehicles. According to the Kilgore News Herald, Scion FR-S drivers had an at-fault rate of 15.87 percent in 2021 and caused at-fault accidents 47 percent more often than other drivers.
• Price of parts: Original manufacturer parts are sometimes available from local Toyota dealerships for 2013 to 2016 FR-S models. However, they tend to be expensive, which may drive up the cost of repairs and insurance.
• Safety features: Standard safety features you will find when shopping for a pre-owned Scion FR-S include front and seat-mounted airbags for driver and passenger, front and rear side curtain airbags, and safety power windows. Depending on the provider, this may result in lower rates or even discount opportunities.

Car insurance rates for a Scion FR-S will vary depending on the make's year, your personal rating factors, your coverage selections and the carrier you choose. For a ballpark comparison, Bankrate evaluated the average rates for a 2016 Scion FR-S insurance based on quoted annual premiums from 2023, as indicated below.

Car insurance for a Scion FR-S

Average 2023 rates for the Scion FR-S are higher than the national average for vehicles but are not outrageously expensive. The 2023 national average cost of car insurance for full coverage was $2,014 per year, based on Bankrate’s study of quoted annual premiums. The national average for minimum coverage was $622 per year. While sports cars typically cost more to insure, you might save on your premium by shopping around for coverage and taking advantage of available carrier discounts.

Although the FR-S was discontinued, parts are still available through Toyota and the aftermarket. The 2016 FR-S also has a lower manufacturer suggested retail price ($27,200) and Kelley Blue Book fair purchase price ($14,618) than many other sports cars, which may lower the cost of car insurance for this model. Here is how much you might expect to pay for insurance on a 2016 Scion FR-S. Remember that your rate may differ based on your location and driving history, among other factors.

Cheapest car insurance companies for a Scion FR-S

To find the cheapest Scion FR-S insurance, you may want to start by comparing quotes from some of the best cheap carriers in your region. Bankrate reviewed some of the top car insurance companies and evaluated 2023 quoted annual premiums to help get an idea of how much insurance for a Scion FR-S may cost. The following carriers were chosen for their low average annual rates for this model.

Scion FR-S features that impact insurance costs

Sports cars are typically more expensive to insure, based on the speed at which they can travel and their safety ratings. However, the Scion FR-S has numerous safety features, which could potentially affect the average cost of coverage for the model depending on whether or not a company provides lower premiums for these safety features. 

The IIHS gave the 2016 Scion FR-S a “G” (good) safety rating in all categories except for the small overlap in the driver front, which received an "A" (average) rating. Later models (Toyota 86) include the following safety features, which may lower the likelihood of an accident and reduce driver and passenger injuries:

• Six airbags: This model's side and front airbags may improve driver and passenger safety.
• Hill start assist control: This feature prevents the vehicle from rolling when switching from brake to drive on a hill or incline.
• Vehicle stability control: This feature uses automatic braking and/or reduction of the engine power to improve traction if a vehicle begins to slip or spin out.
• Anti-lock brakes: In a hard-braking scenario, anti-lock brakes automatically apply and release the brakes to stop the brakes from locking and causing the vehicle to skid.
• Brake assist: In an emergency, the vehicle uses sensors to detect if the vehicle is about to crash. If the driver hasn’t applied the brakes, brake assist should kick in to stop the vehicle.
• Smart Stop Technology: This feature engages the brakes to safely stop the vehicle if the driver accidentally accelerates. This feature can also engage if a gas or brake pedal jam or if both pedals are pressed at once.

Other car insurance coverage for Scion FR-S

Every state has its own minimum requirements for car insurance. However, most insurance experts recommend carrying more than just minimum coverage for enhanced financial protection for your vehicle. Some other coverage types you may want to consider for your Scion FR-S include:

• Comprehensive and collision coverage: Also known as full coverage, comprehensive and collision provide coverage for your own vehicle in the event of an accident you cause or other covered incident.
• Uninsured/underinsured motorist coverage (UM/UIM): Some states require this coverage type. UM/UIM coverage is designed to cover damage from an accident caused by an uninsured driver or one that lacks the coverage limits necessary to pay for the damage.
• Accident forgiveness coverage: If you have this coverage in place, your insurer will not raise your premium after your first at-fault accident. This coverage is not available from all carriers. Some may require you to go a certain period of time accident-free before you become eligible.
• Roadside assistance coverage: Roadside assistance coverage may provide assistance if your vehicle breaks down, gets a flat tire or you lock yourself out. Covered situations may vary based on your carrier and policy type.

Frequently asked questions

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2023 rates for ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• $50,000 property damage liability per accident
• $100,000 uninsured motorist bodily injury per person
• $300,000 uninsured motorist bodily injury per accident
• $500 collision deductible
• $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2021 Toyota Camry, commute five days a week and drive 12,000 miles annually. 

These are sample rates and should only be used for comparative purposes. 

Model: To determine cost by vehicle type, we evaluated our base profile with the following vehicles applied: 2016 Scion FR-S and Toyota Camry (base).