Best Toyota Corolla Car Insurance Quotes (2023)
Average Toyota Corolla insurance rates are $117/mo for full coverage and $47/mo for liability-only policies. Toyota Corolla insurance costs around $119 less per year than the average vehicle, and good drivers can save up to $577 a year by remaining claim-free.
Free Auto Insurance Comparison
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
|
Written by
D. Gilson, PhD |
|
Reviewed by
Leslie Kasperowicz
|
UPDATED: Jul 27, 2020
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.
UPDATED: Jul 27, 2020
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
Key takeaways:
- Full coverage costs around $1,400 a year or $117 each month
- A liability-only policy costs around $561 a year or $47 each month
- Highest rates are for teenage drivers at around $5,117 a year or $426 each month
- Good drivers can save as much as $577 a year by earning policy discounts
- Toyota Corolla insurance costs around $119 less per year than the average vehicle
Toyota Corolla insurance rates cost less than the average vehicle, with full coverage averaging $1,400 a year or $117 a month. The highest rates are for teenagers who fall into the high-risk category and will pay around $5,117 a year or $426 a month. Good drivers can save up to $577 a year by remaining claim-free.
Let’s take a look at Toyota Corolla insurance rates, crash test ratings, and more.
You can start comparing quotes for Toyota Corolla car insurance rates from some of the best car insurance companies by using our free online tool now.
Toyota Corolla Insurance Cost
The average car insurance costs for a Toyota Corolla are $1,400 a year or $117 a month.
Are you looking for free insurance quotes?
Your one-stop online insurance guide. Get free quotes now!
Secured with SHA-256 Encryption
Are Toyota Corollas Expensive to Insure?
The chart below details how Toyota Corolla insurance rates compare to other sedans like the Cadillac CTS, Ford Fusion, and Audi A3.
| Vehicle | Comprehensive | Collision | Liability | Total |
| Toyota Corolla | $308 | $562 | $372 | $1,400 |
| Cadillac CTS | $320 | $626 | $398 | $1,502 |
| Ford Fusion | $336 | $626 | $372 | $1,492 |
| Audi A3 | $282 | $566 | $398 | $1,404 |
| Nissan Sentra | $254 | $570 | $390 | $1,372 |
| Audi S4 | $370 | $744 | $338 | $1,588 |
| Toyota Camry | $294 | $570 | $390 | $1,412 |
However, there are a few things you can do to find the cheapest Toyota insurance rates online.
What Impacts the Cost of Toyota Corolla Insurance?
The Toyota Corolla trim and model you choose can impact the total price you will pay for Toyota Corolla auto insurance coverage.
Age of the Vehicle
The average Toyota Corolla car insurance rates are higher for newer models. For example, car insurance rates for a 2020 Toyota Corolla are $1,400, while 2010 Toyota Corolla rates are $1,148, a difference of $252.
| Model Year | Comprehensive | Collision | Liability | Total |
| 2020 Toyota Corolla | $308 | $562 | $372 | $1,400 |
| 2019 Toyota Corolla | $294 | $542 | $390 | $1,384 |
| 2018 Toyota Corolla | $282 | $536 | $398 | $1,374 |
| 2017 Toyota Corolla | $272 | $524 | $416 | $1,370 |
| 2016 Toyota Corolla | $262 | $502 | $430 | $1,352 |
| 2015 Toyota Corolla | $248 | $484 | $442 | $1,332 |
| 2014 Toyota Corolla | $238 | $450 | $452 | $1,298 |
| 2013 Toyota Corolla | $230 | $424 | $456 | $1,268 |
| 2012 Toyota Corolla | $220 | $380 | $460 | $1,218 |
| 2011 Toyota Corolla | $206 | $350 | $460 | $1,174 |
| 2010 Toyota Corolla | $198 | $328 | $464 | $1,148 |
Driver Age
Driver age can have a significant impact on Toyota Corolla auto insurance rates. For example, 20-year-old drivers pay approximately $1,712 more each year for their Toyota Corolla auto insurance than 30-year-old drivers.
Driver Location
Where you live can have a large impact on Toyota Corolla insurance rates. For example, drivers in Jacksonville may pay $840 a year more than drivers in Indianapolis.
Your Driving Record
Your driving record can have an impact on the cost of Toyota Corolla car insurance. Teens and drivers in their 20’s see the highest jump in their Toyota Corolla auto insurance rates with violations on their driving record.
Toyota Corolla Safety Ratings
Your Toyota Corolla car insurance rates are tied to the safety ratings of the Toyota Corolla. See the breakdown below:
| Test Type | Rating |
| Small overlap front: driver-side | Good |
|---|---|
| Small overlap front: passenger-side | Good |
| Moderate overlap front | Good |
| Side | Good |
| Roof strength | Good |
| Head restraints and seats | Good |
| Source: Insurance Institute for Highway Safety | |
Toyota Corolla Crash Test Ratings
The crash test ratings of the Toyota Corolla can impact your Toyota Corolla car insurance rates.
| Vehicle Tested | Overall | Frontal | Side | Rollover |
| 2020 Toyota Corolla Hybrid 4 DR FWD | 5 stars | 5 stars | 5 stars | 4 stars |
| 2020 Toyota Corolla 5 HB FWD | 5 stars | 5 stars | 5 stars | 4 stars |
| 2020 Toyota Corolla 4 DR FWD | 5 stars | 5 stars | 5 stars | 4 stars |
| 2019 Toyota Corolla 5 HB FWD | 5 stars | 5 stars | 5 stars | 4 stars |
| 2019 Toyota Corolla 4 DR FWD | 5 stars | 4 stars | 5 stars | 4 stars |
| 2018 Toyota Corolla IM 5 HB FWD | N/R | N/R | N/R | N/R |
| 2018 Toyota Corolla 4 DR FWD | 5 stars | 4 stars | 5 stars | 4 stars |
| 2017 Toyota Corolla 4 DR FWD | 5 stars | 4 stars | 5 stars | 4 stars |
| 2016 Toyota Corolla 4 DR FWD | 5 stars | 5 stars | 5 stars | 4 stars |
| 1-5 Star Rating Scale, N/R = No Rating | Source: National Highway Traffic Safety Administration | ||||
|---|---|---|---|---|
Toyota Corolla Safety Features
Toyota Corolla safety features can lower the cost of your insurance. The safety features for the 2020 Toyota Corolla include:
- Driver Air Bag
- Passenger Air Bag
- Front Head Air Bag
- Rear Head Air Bag
- Front Side Air Bag
- 4-Wheel ABS
- 4-Wheel Disc Brakes
- Brake Assist
- Electronic Stability Control
- Daytime Running Lights
- Child Safety Locks
- Traction Control
- Lane Departure Warning
- Lane Keeping Assist
Toyota Corolla Insurance Loss Probability
Review the Toyota Corolla car insurance loss probability rates for collision, property damage, comprehensive, PIP, MedPay, and bodily injury. The lower percentage means lower Toyota Corolla auto insurance costs; higher percentages mean higher Toyota Corolla auto insurance costs.
| Insurance Coverage Category | Loss Rate |
| Collision | 33% |
|---|---|
| Property Damage | 11% |
| Comprehensive | -6% |
| Personal Injury | 56% |
| Medical Payment | 58% |
| Bodily Injury | 28% |
| Source: Insurance Institute for Highway Safety | |
Toyota Corolla Finance and Insurance Cost
If you are financing a Toyota Corolla, most lenders will require your carry higher Toyota Corolla coverage options including comprehensive coverage, so be sure to shop around and compare Toyota Corolla car insurance quotes from the best companies using our FREE tool below.
Are you looking for free insurance quotes?
Your one-stop online insurance guide. Get free quotes now!
Secured with SHA-256 Encryption
Ways to Save on Toyota Corolla Insurance
You have more options at your disposal to save money on your Toyota Corolla car insurance costs. For example, try these five tips:
- Move to the Countryside
- Check Your Toyota Corolla Policy Carefully to Ensure All Information is Correct
- Take a Defensive Driving Course or Any Driver’s Education Course
- Ask for a New Toyota Corolla Auto Insurance Rate Based on Your Improved Credit Score
- Ask About Farm and Ranch Vehicle Discounts
Top Toyota Corolla Insurance Companies
Several insurance companies offer competitive rates for the Toyota Corolla based on factors like discounts for safety features. Take a look at these top car insurance companies that are popular with Toyota Corolla drivers organized by market share.
| Rank | Company | Volume | Market Share |
| 1 | State Farm | $65,615,190 | 9.3% |
| 2 | GEICO | $46,106,971 | 6.6% |
| 3 | Progressive | $39,222,879 | 5.6% |
| 4 | Liberty Mutual | $35,600,051 | 5.1% |
| 5 | Allstate | $35,025,903 | 5.0% |
| 6 | Travelers | $28,016,966 | 4.0% |
| 7 | USAA | $23,483,080 | 3.3% |
| 8 | Chubb | $23,388,385 | 3.3% |
| 9 | Farmers | $20,643,559 | 2.9% |
| 10 | Nationwide | $18,442,145 | 2.6% |
| Source: Insurance Information Institute | |||
Compare Free Toyota Corolla Insurance Quotes Online
You can start comparing quotes for Toyota Corolla car insurance rates from some of the best car insurance companies by using our free online tool now.
Are you looking for free insurance quotes?
Your one-stop online insurance guide. Get free quotes now!
Secured with SHA-256 Encryption
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.
|
Written by
D. Gilson, PhD |
|
Reviewed by
Leslie Kasperowicz
|