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TOYOTA MATRIX 2003 Car Insurance

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The 2003 Toyota Matrix is a versatile compact hatchback combining Toyota's well-known reliability with practical cargo space. Designed for everyday use, it appeals to drivers seeking simplicity, affordability, and low maintenance costs.

TOYOTA MATRIX 2003 CAR INSURANCE RATES OVER THE LAST 5 YEARS.

Between 2021 and 2026, premiums for the 2003 Toyota Matrix fluctuate, dropping from $419 to a low of $248 in 2023 before rising back to $474 in 2026. This variation reflects the vehicle's advanced age and changing repair costs over the years.

To find the best insurance for your TOYOTA MATRIX 2003 vehicle, it is more important than ever to compare the available options.

How much does insurance for your TOYOTA MATRIX 2003 cost in Quebec?

Based on the available data, the average premium for the 2003 Toyota Matrix in Montreal stands at $275, a value below the average observed over the 2021-2026 period for this model.

To get the exact cost for your situation, the best approach is to compare offers from several insurers. Using our Clicassure comparison tool, you can easily find the best premium tailored to your needs.

City Average price over the last 12 months
MONTRÉAL $275.06

Frequently asked questions (FAQ)

How much does insurance cost for a 2003 Toyota Matrix?
The average premium for a 2003 Toyota Matrix is $474 in 2026, based on available data. This amount has fluctuated over the years, reaching a low of $248 in 2023.
Why has the premium for the 2003 Matrix fluctuated so much since 2021?
The premium dropped from $419 in 2021 to $248 in 2023, then rose back to $474 in 2026. These changes reflect the vehicle's age, its shifting residual value, and evolving repair costs.
Is auto insurance mandatory in Quebec?
Yes. In Quebec, civil liability coverage of at least $50,000 is mandatory for any vehicle driven on public roads.
How much does it cost to insure a 2003 Matrix in Montreal?
Based on the data provided, the average premium for a 2003 Toyota Matrix in Montreal is $275, a relatively low amount compared to more recent nationwide premiums.
Does an older vehicle always cost less to insure?
Not necessarily. While replacement value decreases with age, other factors like parts availability and driver profile can push premiums back up, as seen between 2023 and 2026.
How can I reduce my premium for a 2003 Toyota Matrix?
Comparing quotes from multiple insurers, adjusting coverage to match the vehicle's actual value, and maintaining a clean driving record are effective ways to lower insurance costs.

Offers received by our customers on TOYOTA MATRIX 2003 cars

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Methodology

To guarantee you the best possible information, the data presented on this page is based on the following rigorous criteria :

  • Analysis period: Our analyses are based solely on insurance submissions collected over the millions of submissions in recent years, thus guaranteeing the relevance of our comparisons.
  • Real-world comparisons: We only use data from insurance submissions that actually resulted in a sale.
  • Proven savings: The results presented only reflect cases where the user has saved money thanks to our comparison tool.
  • Last updated: 08/14/2026

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