Save on 1993 Toyota Corolla Insurance Quotes

Paying for expensive Toyota Corolla insurance can draw down your bank account and maybe even restrict other spending. Comparison shopping is a fast and free way to make ends meet.

You have so many insurers to insure vehicles with, and although it’s a good thing to have multiple companies, so many choices can make it hard to compare rates and cut insurance costs.

Buying car insurance is not that difficult. If you currently have car insurance, you should be able to reduce your rates substantially using these tips. But car owners do need to understand how big insurance companies determine prices and use this information to your advantage.

How to find affordable auto insurance

To get affordable insurance coverage quotes, there a variety of ways to obtain and compare prices from all the different companies. The simplest method to comparison shop is to perform an online rate comparison. This can be accomplished by using one of the methods below.

1. The easiest and least time consuming way to compare a lot of rates at once would be an industry-wide quote request form click to view form in new window. This style of form keeps you from doing separate forms for each company you want a rate for. One simple form gets rate comparisons from many national carriers.
2. A less efficient way to find better pricing is to manually visit each individual company website and fill out a new quote form. For examples sake, we’ll pretend you want to get rates from USAA, Geico and Liberty Mutual. You would need to spend time on each company’s site to enter the same coverage data repeatedly, and that explains why we recommend the first method.

   For a list of links to insurance companies in your area, click here.

3. The hardest method to quote and compare insurance rates is making phone calls or going to and from local insurance agencies. Buying insurance online has reduced the need for local agents unless you require the advice and guidance that you can only get from talking to an agent. You can, however, find lower rates online and have a local agent actually service the policy.

Whichever way you choose to compare rates, make sure you are using exactly the same quote data for every company. If the quotes have unequal deductibles or liability limits you will not be able to determine the lowest rate for your Toyota Corolla. Quoting even small variations in coverage limits could throw off the whole comparison. And when quoting auto insurance, remember that obtaining a wide range of quotes helps increase your odds of locating a better price. Not every company does online quotes, so you need to compare rates on coverage from those companies, too.

Drivers can save with these discounts

Companies that sell car insurance don’t always list every policy discount very clearly, so we took the time to find some of the more common and also the more inconspicuous credits available to you.

• Policy Bundle Discount – If you have multiple policies and insure them both with the same insurance company you will save over 10 percent off each policy depending on the company.
• Multiple Vehicles – Buying a policy with all your vehicles on one policy can reduce rates for all insured vehicles.
• Accident Free – Insureds who avoid accidents and claims get the best car insurance rates as opposed to bad drivers.
• Membership in Organizations – Belonging to a civic or occupational organization could qualify you for a break on your next renewal.
• Save with a New Car – Adding a new car to your policy is cheaper because newer models are generally safer.

One last thing about discounts, most of the big mark downs will not be given the the whole policy. Most only cut individual premiums such as comp or med pay. So even though they make it sound like you could get a free car insurance policy, car insurance companies aren’t that generous.

For a list of companies offering car insurance discounts, follow this link.

Special considerations

When buying coverage, there really is no one size fits all plan. Your needs are not the same as everyone else’s and your policy should reflect that. Here are some questions about coverages that may help highlight if your situation might need professional guidance.

• Do I have coverage for damage caused while driving under the influence?
• How much liability insurance is required?
• When should my teen driver be added to my policy?
• Are my friends covered when driving my 1993 Toyota Corolla?
• Where can I find high-risk insurance?
• Do I need special endorsements for business use of my vehicle?
• How high should my uninsured/underinsured coverage be in my state?
• Does insurance cover tools stolen from my truck?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies.

Insurance coverages and their meanings

Knowing the specifics of insurance can be of help when determining the best coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. Below you’ll find typical coverages found on most insurance policies.

Auto liability

This coverage provides protection from injuries or damage you cause to a person or their property by causing an accident. This insurance protects YOU against claims from other people, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 100/300/100 that translate to $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against things such as structural damage, pain and suffering, bail bonds, court costs and medical expenses. How much liability should you purchase? That is a decision to put some thought into, but you should buy as much as you can afford.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage gives you protection when other motorists do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your 1993 Toyota Corolla.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Insurance for medical payments

Coverage for medical payments and/or PIP kick in for short-term medical expenses for prosthetic devices, pain medications and EMT expenses. The coverages can be used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants and will also cover being hit by a car walking across the street. PIP is only offered in select states and may carry a deductible

Comprehensive coverage (or Other than Collision)

This will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as vandalism, hitting a bird and damage from flooding. The highest amount your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Coverage for collisions

Collision coverage pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things such as crashing into a building, sideswiping another vehicle and driving through your garage door. Collision is rather expensive coverage, so consider dropping it from older vehicles. Another option is to bump up the deductible to bring the cost down.