Cheaper 1998 Toyota Corolla Car Insurance Quotes

No one in their right mind fancies paying their premiums for auto insurance, especially when they know the price is too high. Online insurance companies like State Farm, Farmers Insurance, GEICO and Allstate constantly bombard you with TV and radio ads and it is challenging if not impossible to ignore the promise of big savings and effectively compare rates to find the best deal.

Insurance policy discounts you can’t miss

Some companies don’t always advertise all disounts in a way that’s easy to find, so the below list has both well-publicized and the more hidden insurance savings.

  • Defensive Driver Discount – Successfully completing a safe driver course may get you a small discount depending on where you live.
  • Buy New and Save – Insuring a new car can save up to 30% because newer models are generally safer.
  • First Accident Forgiveness – This isn’t a discount exactly, but a few companies such as Allstate, State Farm and GEICO will let one accident slide without the usual rate increase if you have no claims for a particular time prior to the accident.
  • Policy Bundle Discount – If you can combine your auto and home policy and insure them both with the same insurance company they may give you a discount of up to 20% and get you the cheapest insurance.
  • Distant Student Discount – Older children living away from home attending college and do not have a car can be insured at a reduced rate.
  • Multi-Vehicle Discounts – Buying insurance for primary and secondary vehicles on one policy could earn a price break for each car.

Discounts save money, but please remember that most of the big mark downs will not be given to all coverage premiums. Some only reduce specific coverage prices like liability and collision coverage. Even though it appears it’s possible to get free car insurance, insurance companies aren’t that generous.

For a list of companies who offer online insurance quotes, click here.

Insurance agents can help

When it comes to buying the best insurance coverage, there isn’t really a perfect coverage plan. Every insured’s situation is different and your policy should reflect that. Here are some questions about coverages that might point out if your insurance needs would benefit from an agent’s advice.

  • How high should my medical payments coverage be?
  • Are there companies who specialize in insuring high-risk drivers?
  • Why do I need rental car insurance?
  • Is extra glass coverage worth it?
  • When should I remove comp and collision on my 1998 Toyota Corolla?
  • What is UM/UIM insurance?
  • Is a blown tire covered by insurance?
  • Who is covered when they drive my 1998 Toyota Corolla?

If you’re not sure about those questions then you might want to talk to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier It is quick, free and can provide invaluable advice.

Information about specific coverages

Knowing the specifics of a auto insurance policy aids in choosing the right coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. These are the usual coverages offered by auto insurance companies.

Coverage for uninsured or underinsured drivers

This coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants and also any damage incurred to your 1998 Toyota Corolla.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Collision protection

Collision insurance pays for damage to your Corolla caused by collision with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against things such as hitting a mailbox, backing into a parked car and crashing into a building. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to choose a higher deductible to bring the cost down.

Comprehensive auto insurance

This will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as hitting a bird, damage from a tornado or hurricane, a tree branch falling on your vehicle and hitting a deer. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Liability coverage

This can cover injuries or damage you cause to people or other property that is your fault. It protects YOU against other people’s claims. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 50/100/50 which means a limit of $50,000 per injured person, $100,000 for the entire accident, and $50,000 of coverage for damaged propery.

Liability coverage pays for things like legal defense fees, funeral expenses, loss of income and medical services. How much liability coverage do you need? That is a personal decision, but buy higher limits if possible.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance kick in for expenses for things like dental work, ambulance fees, nursing services, rehabilitation expenses and surgery. They are used in conjunction with a health insurance plan or if there is no health insurance coverage. It covers you and your occupants in addition to if you are hit as a while walking down the street. PIP coverage is not available in all states and may carry a deductible

Best coverage at the best price

As you prepare to switch companies, don’t be tempted to reduce coverage to reduce premium. Too many times, drivers have reduced physical damage coverage only to discover later that they should have had better coverage. Your objective should be to purchase plenty of coverage at the best possible price but still have enough coverage for asset protection.

In this article, we presented quite a bit of information on how to lower your 1998 Toyota Corolla insurance premium rates. The most important thing to understand is the more times you quote, the better your chances of lowering your prices. You may even discover the lowest premium rates come from a smaller regional carrier. They may only write in your state and offer lower prices than their larger competitors like Progressive or GEICO.

Lower-priced 1998 Toyota Corolla insurance is definitely available online and from local agencies, and you need to comparison shop both to have the best rate selection. Some companies may not offer the ability to get a quote online and many times these regional insurance providers prefer to sell through local independent agencies.

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Comments About 1998 Toyota Corolla Insurance

  1. Edwin Randolph

    This is too expensive. Found cheapest coverage with Erie for my Toyota and saved around $100 a year. Just go online and compare their rates.

  2. Lakeesha Matthews

    I got quite a few price quotes for a 1998 Toyota Corolla in Madison, Wisconsin. Ended up at roughly $100 every six months with American Family. I quoted rates online then called them. Book value doesn’t justify full coverage anymore.

  3. Hellen Chang

    Proud to be from New Orleans, LA. Got free quotes online for a 1998 Toyota Corolla. Ended up at about $80 savings annually. Went with Progressive. Insured with GMAC before. Moved home policy as well.

  4. Tonia Robertson

    Progressive has the cheapest rates in Georgia. No comparison.

  5. Roy Payne

    I live just to the west of Manchester, NH. Quoted with American Family, Sentry, and some smaller one I can’t remember the name of for my Corolla and saved about $80 a year.

  6. Summer Francis

    If you have a good history and live near Biloxi, MS, check out Allstate. They seem to be cheaper. Teenage drivers are expensive! It was easy to get rates.

  7. Cristina Castaneda

    I drive uninsured.

  8. Fransisca Mejia

    It all costs too much. Checking in from Rutland, VT. Got rates from 21st Century, Auto-Owners, and some I forget for my Toyota and saved around $100 a year. It’s still not cheap enough. Book value doesn’t justify full coverage anymore.

  9. Laure Foreman

    I found pretty cheap rate quotes for a 1998 Toyota Corolla in New Orleans, LA. Ended up at right around $100 every six months with Amica. A clean driving record helps. I got prices on the web. Only insure liability on my Corolla.

  10. Lindsy Hart

    Anyone know of any company in Knoxville, TN that will insure high risk drivers?

  11. Ahmed Black

    I’m in the suburbs of Mobile, Alabama. Received quotes from 21st Century, American Family, and some I forget for my Toyota and saved $86 a year. Got better coverage too. Just waiting to see how claims go.

  12. Woodrow Hudson

    Live in Chesapeake, VA. I got free rates from AAA, Nationwide, and a few others for my Toyota and saved just over $90 a year. I only have liability coverage on it.