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Toyota Corolla Insurance Rates

Toyota Corolla insurance

Average insurance prices for a Toyota Corolla are $1,332 every 12 months for full coverage. Comprehensive costs on average $292 a year, collision costs $534, and liability insurance costs around $354. Liability-only coverage costs as low as $416 a year, with high-risk coverage costing around $2,876. Teenage drivers receive the highest rates at $4,914 a year or more.

Average premium for full coverage: $1,332

Rate estimates by individual coverage type:

Comprehensive $292
Collision $534
Liability $354

Prices include $500 deductible amounts, 30/60 liability coverage, and includes uninsured motorist and medical coverage. Rates are averaged for all states and Corolla trim levels.

Price Range by Coverage and Risk

Using a 40-year-old driver as an example, prices range go from the cheapest price of $416 for the bare minimum liability coverage to a high of $2,876 for a policy for a high-risk driver.

Liability Only $416
Full Coverage $1,332
High Risk $2,876

Price Range by Location

Where you live has a significant impact on car insurance rates. Rural areas tend to have more infrequent accident claims than densely populated cities.

The diagram below illustrates how rural and urban location affects car insurance rates.

Rural Areas $999
Small Cities $1,399
Large Cities $1,798

These examples show why it is important to compare prices based on a specific location and their own driving history, rather than relying on average rates.

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Additional Rate Information

The chart below shows estimated Toyota Corolla insurance rates for different risk profiles and scenarios.

  • The best discount rate is $766
  • Using higher $1,000 deductibles will save around $1,144 a year
  • The average price for a 40-year-old driver with $500 deductibles is $1,332
  • Using low $100 deductibles for physical damage coverage increases the price to $1,696
  • Drivers who are prone to accidents and violations could pay upwards of $2,876 or more
  • The cost to insure a teen driver may cost $4,914 or more

View Chart as Image

Toyota Corolla insurance cost comparison chart
Column chart showing full coverage Toyota Corolla insurance rates range from $766 to $4,914

Car insurance rates for a Toyota Corolla can also vary considerably based on policy deductibles and limits, your driver profile, and the trim level of your Corolla.

Using high physical damage deductibles could cut rates by as much as $560 each year, while buying higher liability limits will cost you more. Going from a 50/100 liability limit to a 250/500 limit will cost as much as $318 extra every 12 months. View Rates by Deductible or Liability Limit

Older drivers with no driving violations and higher deductibles could pay as little as $1,200 a year for full coverage. Rates are much higher for teen drivers, since even excellent drivers will be charged upwards of $4,900 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you could be paying at a minimum $1,600 to $2,100 extra per year, depending on your age. A high-risk auto insurance policy can be anywhere from 43% to 134% more than a normal policy. View High Risk Driver Rates

Where you live has a huge impact on Toyota Corolla insurance rates. A driver around age 40 might see rates as low as $950 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $2,120 on average in Michigan, Louisiana, and New York.

Toyota Corolla Insurance Rates by State
StatePremiumCompared to U.S. AvgPercent Difference
Alabama$1,280-$52-3.9%
Alaska$1,092-$240-18.0%
Arizona$1,336$40.3%
Arkansas$1,348$161.2%
California$1,494$16212.2%
Colorado$1,384$523.9%
Connecticut$1,744$41230.9%
Delaware$1,620$28821.6%
Florida$1,798$46635.0%
Georgia$1,320-$12-0.9%
Hawaii$1,438$1068.0%
Idaho$926-$406-30.5%
Illinois$990-$342-25.7%
Indiana$948-$384-28.8%
Iowa$1,002-$330-24.8%
Kansas$1,224-$108-8.1%
Kentucky$1,726$39429.6%
Louisiana$2,158$82662.0%
Maine$912-$420-31.5%
Maryland$1,368$362.7%
Massachusetts$1,174-$158-11.9%
Michigan$2,448$1,11683.8%
Minnesota$1,168-$164-12.3%
Mississippi$1,304-$28-2.1%
Missouri$1,136-$196-14.7%
Montana$1,206-$126-9.5%
Nebraska$1,096-$236-17.7%
Nevada$1,718$38629.0%
New Hampshire$1,086-$246-18.5%
New Jersey$1,326-$6-0.5%
New Mexico$1,236-$96-7.2%
New York$1,732$40030.0%
North Carolina$946-$386-29.0%
North Dakota$1,294-$38-2.9%
Ohio$938-$394-29.6%
Oklahoma$1,618$28621.5%
Oregon$1,246-$86-6.5%
Pennsylvania$1,500$16812.6%
Rhode Island$1,614$28221.2%
South Carolina$1,240-$92-6.9%
South Dakota$1,044-$288-21.6%
Tennessee$1,196-$136-10.2%
Texas$1,280-$52-3.9%
Utah$1,180-$152-11.4%
Vermont$946-$386-29.0%
Virginia$956-$376-28.2%
Washington$1,174-$158-11.9%
West Virginia$1,356$241.8%
Wisconsin$1,358$262.0%
Wyoming$1,474$14210.7%

View Chart as Image

Toyota Corolla insurance rates by U.S. city

With so much variability in rates, the only way to know exactly what you will pay is to get quotes from as many companies as possible. Each insurance company uses a different method to calculate rates, so rate quotes can be significantly different.

Insurance Rates by Trim Level and Model Year

Toyota Corolla Insurance Rates by Model and Trim Level
Model and TrimAnnual PremiumMonthly Premium
Toyota Corolla LE$1,332$111
Toyota Corolla S$1,332$111
Toyota Corolla XLE$1,332$111
Toyota Corolla XRS$1,376$115

Rates assume 2018 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

Toyota Corolla Insurance Rates by Model Year
Model YearComprehensiveCollisionLiabilityTotal Premium
2018 Toyota Corolla$292$534$354$1,332
2017 Toyota Corolla$278$514$370$1,314
2016 Toyota Corolla$268$510$378$1,308
2015 Toyota Corolla$258$498$396$1,304
2014 Toyota Corolla$250$476$408$1,286
2013 Toyota Corolla$236$460$420$1,268
2012 Toyota Corolla$226$426$428$1,232
2011 Toyota Corolla$218$402$432$1,204
2010 Toyota Corolla$208$360$436$1,156
2009 Toyota Corolla$194$332$436$1,114
2008 Toyota Corolla$188$310$440$1,090
2007 Toyota Corolla$184$290$450$1,076
2006 Toyota Corolla$170$270$450$1,042
2005 Toyota Corolla$166$244$454$1,016
2004 Toyota Corolla$154$224$450$980
2003 Toyota Corolla$146$204$450$952
2002 Toyota Corolla$140$182$446$920
2001 Toyota Corolla$138$178$436$904
2000 Toyota Corolla$136$170$428$886
1999 Toyota Corolla$124$162$424$862

Rates are averaged for all Toyota Corolla models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.

How to Shop for the Right Toyota Corolla Insurance

Saving money on Toyota Corolla insurance requires having a good driving record, maintaining a good credit score, eliminating unneeded coverage, and maximizing policy discounts. Set aside time to shop around every year by requesting rates from direct carriers like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

The next list is a quick rundown of the coverage data raised in the charts and tables above.

  • Drivers can save as much as $160 per year simply by quoting early and online
  • Increasing deductibles could save as much as $550 each year
  • Drivers age 20 and younger are expensive to insure, costing as high as $410 per month if the policy includes full coverage
  • High-risk drivers with reckless driving or DUI convictions pay an average of $1,540 more each year to buy Toyota Corolla insurance

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Rates by Driver Age

Toyota Corolla Insurance Rates by Driver Age
Driver AgePremium
16$4,914
20$3,072
30$1,392
40$1,332
50$1,214
60$1,192

Full coverage, $500 deductibles

Rates by Deductible

Toyota Corolla Insurance Rates with Different Deductibles
DeductiblePremium
$100$1,696
$250$1,528
$500$1,332
$1,000$1,144

Full coverage, driver age 40

Rates by Liability Limit

Toyota Corolla Insurance Rates with Different Liability Limits
Liability LimitPremium
30/60$1,332
50/100$1,447
100/300$1,535
250/500$1,765
100 CSL$1,482
300 CSL$1,677
500 CSL$1,819

Full coverage, driver age 40

Rates for High Risk Drivers

Toyota Corolla Insurance Rates for High Risk Drivers
AgePremium
16$7,014
20$4,880
30$2,944
40$2,876
50$2,744
60$2,716

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $185

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

DiscountSavings
Multi-policy$71
Multi-vehicle$69
Homeowner$19
5-yr Accident Free$99
5-yr Claim Free$86
Paid in Full/EFT$62
Advance Quote$66
Online Quote$94
Total Discounts$566
Rate after discounts $766

Discounts are estimated and may not be available from every company or in every state.

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