Compare 2011 Toyota Corolla Insurance Cost

Trying to find the cheapest insurance coverage rates for your Toyota Corolla? Searching for the cheapest insurance for your Toyota Corolla can be difficult, but you can follow the following methods and make it easy. There is a right way and a wrong way to buy insurance coverage so we’re going to tell you the proper way to price shop coverage on a Toyota and find the lowest possible price.

Discount insurance coverage rates

Some insurance providers don’t list the entire discount list in a way that’s easy to find, so the next list breaks down a few of the more well known in addition to some of the lesser obvious credits that may apply to you.

  • Paperless Signup – A few larger online companies provide a small discount simply for signing on their website.
  • Distant College Student Discount – Kids who are attending college and do not take a car to college can receive lower rates.
  • Cautious Driver Discounts – Accident-free drivers may save up to 50% more for Corolla coverage than drivers with accident claims.
  • Low Mileage Discounts – Driving fewer miles can earn lower insurance coveragerates on the low mileage vehicles.
  • Safety Restraint Discount – Buckling up and requiring all passengers to buckle their seat belts can save up to 10 percent (depending on the company) off the PIP or medical payment premium.
  • Employee of Federal Government – Active or retired federal employment may qualify for a discount when you quote auto insurance for Corolla coverage with some insurance coverage companies.
  • Passive Restraints and Air Bags – Vehicles with factory air bags or automatic seat belts may earn rate discounts of up to 25% or more.
  • Senior Citizens – If you qualify as a senior citizen, you may qualify for a small decrease in premiums for Corolla coverage.
  • Accident-Free Discounts – Insureds who avoid accidents and claims can earn big discounts when compared to accident-prone drivers.

A little note about advertised discounts, most of the big mark downs will not be given the the whole policy. Most cut specific coverage prices like collision or personal injury protection. Even though it may seem like you can get free auto insurance, it doesn’t quite work that way.

If you would like to see a list of insurance companies with significant discounts, click here.

How to buy car insurance

Performing a rate comparison can take time and effort if you aren’t aware of the easiest way. You can spend countless hours talking to insurance companies in your area, or you could save time and use the internet to get rate comparisons in just a few minutes.

Many companies enroll in a system that allows shoppers to only type in their quote data once, and every company returns a rated price based on that data. This eliminates the need for quotation requests for each company.

To find out what other companies charge click to open in new window.

One minor caviat to getting quotes like this is that you can’t choose the insurers you want to price. So if you want to select specific insurance companies to compare prices, we put together a list of low cost car insurance companies in your area. Click here to view list.

It’s your choice how you get your quotes, but be sure to compare identical coverage information for each comparison quote. If your comparisons have different deductibles it will be very difficult to make an equal comparison.

Smart buyers save on insurance

Many different elements are taken into consideration when pricing auto insurance. Some are obvious such as your driving record, but other criteria are more obscure like your vehicle usage or your financial responsibility.

Listed below are some of the things car insurance companies consider when setting your rate level.

  • Can a thief steal your car? – Owning a car with an alarm system can help lower your rates. Anti-theft devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart auto theft.
  • Multiple policies with one company can save – Most larger companies will award better rates to customers that buy multiple policies such as combining an auto and homeowners policy. Even if you qualify for this discount already, it’s in your best interest to get quotes from other companies to help guarantee you have the best rates.
  • Stress out and pay more – Careers like lawyers, executives and stock brokers tend to have the highest rates because of high stress and long work hours. On the other hand, jobs such as professors, historians and retirees generally pay rates lower than average for Corolla coverage.
  • Annual mileage impacts premiums – The more you drive each year the more you’ll pay to insure your vehicle. Almost all companies charge to insure your cars determined by how the vehicle is used. Autos that have low annual miles receive better premium rates as compared to vehicles used primarily for driving to work. Incorrect rating for your Corolla may be costing you higher rates. Ask your agent if your vehicle rating is showing the right rating data, because improper ratings can cost you money.
  • If you don’t need it don’t buy it – There are many extra bells and whistles that sound like a good idea at the time when buying car insurance. Coverages like coverage for rental cars, accident forgiveness, and term life insurance could be just wasting money. These coverages may sound good when deciding what coverages you need, but if you don’t need them eliminate them to save money.
  • Your gender affects rates – Over time, data shows that men are more aggressive behind the wheel. This data doesn’t prove that males are worse at driving than females. Females and males are responsible for fender benders in similar percentages, but males cause more damage. Not only that, but men also get higher numbers of serious violations such as driving while intoxicated (DWI) or driving recklessly. Youthful male drivers have the highest risk to insure and thus pay the highest rates.

Tailor your auto insurance coverage to you

When it comes to choosing proper insurance coverage for your vehicles, there really is no cookie cutter policy. Every situation is different.

These are some specific questions might point out whether you might need an agent’s assistance.

  • Is my 2011 Toyota Corolla covered for smoke damage?
  • Are all vehicle passengers covered by medical payments coverage?
  • Is there coverage for injuries to my pets?
  • Do I have coverage for damage caused while driving under the influence?
  • Am I covered if my car is in a flood?
  • What is UM/UIM insurance?
  • Can my teen drive my company car?
  • Does insurance cover tools stolen from my truck?
  • Is business equipment covered while in my vehicle?
  • How high should my medical payments coverage be?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, complete this form. It’s fast, doesn’t cost anything and can help protect your family.

Is there deception in advertising?

Consumers can’t escape the ads that claim the best car insurance rates by Allstate, GEICO and Progressive. They all say the same thing that people will save if you switch to their company.

How can each company give you a lower rate? Just pay attention to how they say it.

All companies quote their best rates for a prospective insured that will not have excessive claims. For instance, a desirable risk should be a mature driver, insures multiple vehicles, and drives less than 10,000 miles a year. A customer getting a price quote who meets those qualifications will probably get cheap premium rates and therefore will save a lot if they switch.

Potential insureds who do not meet the ideal profile will be quoted higher premiums which leads to business going elsewhere. The trick companies use is to say “drivers who switch” not “all people who quote” save money. That is how insurance companies can confidently make the claims of big savings. Each company has different criteria, so it’s extremely important to get a wide range of price quotes. You cannot predict the company that will have the best prices at this point in time.

Specific coverages for a 2011 Toyota Corolla

Having a good grasp of auto insurance can help you determine the best coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and reading a policy is terribly boring.

Liability insurance – Liability insurance provides protection from injuries or damage you cause to other’s property or people in an accident. This insurance protects YOU from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 100/300/100 that means you have $100,000 bodily injury coverage, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability can pay for things such as repair costs for stationary objects, attorney fees, funeral expenses, court costs and emergency aid. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for doctor visits, EMT expenses and rehabilitation expenses. They can be utilized in addition to your health insurance plan or if you do not have health coverage. They cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. PIP is only offered in select states and gives slightly broader coverage than med pay

Collision – Collision insurance pays for damage to your Corolla resulting from colliding with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like crashing into a building, scraping a guard rail, sideswiping another vehicle, colliding with a tree and backing into a parked car. Collision is rather expensive coverage, so consider dropping it from older vehicles. You can also increase the deductible to bring the cost down.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Toyota Corolla.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea.

Comprehensive insurance – Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like damage from getting keyed, hitting a bird and damage from flooding. The highest amount your auto insurance company will pay is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Take this to the bank

In this article, we presented many tips how you can compare 2011 Toyota Corolla insurance rates online. It’s most important to understand that the more quotes you get, the higher the chance of saving money. You may even discover the best price on insurance coverage is with a small local company.

Cheaper insurance coverage is definitely available both online and from local agencies, so you should compare both to have the best chance of lowering rates. A few companies don’t offer rates over the internet and many times these smaller companies only sell through independent agencies.

Insureds change insurance companies for a variety of reasons including unfair underwriting practices, poor customer service, high prices and denial of a claim. Regardless of your reason for switching companies, finding a great new company can be easy and end up saving you some money.

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Comments About 2011 Toyota Corolla Insurance

  1. Yu Walsh

    I found pretty cheap rate quotes for a 2011 Toyota Corolla in Des Moines, IA. Ended up at right around $390 every six months with Amica. Left Esurance to switch. It’s still not cheap enough.

  2. Ngan Daniel

    Great site. I live in Honolulu, HI. Quoted with GEICO, AIG Insurance, and some I forget for my Corolla and I’m now saving $53 a month. Wish I didn’t have to insure at all.

  3. Crystal Hensley

    I’m just west of Billings, MT. Checked online prices for a 2011 Toyota Corolla. Ended up at about $490 savings annually. Went with Progressive. I get a discount for insuring multiple vehicles.

  4. Georgene Walls

    Allstate is decent in Rio Rancho, NM.

  5. Adriane Brooks

    I live in Sioux Falls, South Dakota. I quoted with Progressive, Auto-Owners, and some I forget for my Toyota and I think I am saving around $20 each month.