2013 Toyota Corolla Insurance Rates

Want better insurance rates for your Toyota Corolla? Shopping for cheap insurance online might seem problematic for drivers new to comparing prices on the internet. With dozens of insurers available, how can drivers possibly compare every company in order to find cheaper insurance rates?

It’s a good idea to do price comparisons quite often since insurance prices are usually higher with each renewal. Even if you got the best price for Corolla insurance at your last renewal you can probably find a better rate quote now. Block out anything you think you know about insurance because we’re going to show you the things you must know in order to properly buy coverages and cut your premium.

If you are paying for car insurance now, you will be able to cut costs considerably using this information. Locating the cheapest coverage is not that difficult. Although vehicle owners need to learn the methods companies use to market insurance on the web and apply this information to your search.

Buy car insurance online

To get cheap insurance quotes, there a variety of ways of comparing price quotes from car insurance companies in your area. The recommended way to find cheaper 2013 Toyota Corolla rates is simply to get online rate quotes. This can be accomplished in just a few minutes using one of these methods.

The easiest and least time consuming way to compare a lot of rates at once is to use a rate comparison form like this one (opens in new window). This easy form saves time by eliminating a different quote to each individual car insurance company. One form gets rate comparisons instantly. This is by far the quickest method.

A different way to shop for car insurance online requires a visit to each company’s website and fill out a new quote form. For instance, let’s assume you are doing a rate comparison from State Farm, 21st Century and Liberty Mutual. To do that, you would have to navigate to each company’s site and enter your information, which is why first method is reommended. For a handy list of car insurance company links in your area, click here.

The most difficult method to compare price estimates is to waste gas driving to insurance agents’ offices. The internet has made agencies unnecessary unless your situation requires the professional assistance of an agent trained in personal lines coverage. Drivers can obtain prices from the web and still use a local agent.

It doesn’t matter which method you choose, just double check that you are using nearly identical coverage information for each comparison quote. If your comparisons have differing limits then you won’t be able to make a fair rate comparison. Even a minor difference in limits may result in large price differences. Just keep in mind that comparing a large number of companies increases your odds of finding the best rates. Some smaller insurers to not give rate quotes online, so it’s important to also get price estimates from those companies as well.

Find hidden discounts on car insurance

Properly insuring your vehicles can get expensive, but you might be missing out on some discounts to help offset the cost. A few discounts will be applied when you quote, but some discounts are required to be specially asked for before being credited. If you don’t get every credit you deserve, you could be saving more on your car insurance.

  • Smart Student Discounts – Getting good grades can save 20 to 25%. You can use this discount normally until age 25.
  • Multiple Policy Discount – If you combine your home and auto policies with one company they may give you a discount of nearly 15% which can help you find inexpensive insurance.
  • Homeowners Savings – Being a homeowner can earn you a little savings due to the fact that maintaining a home requires personal responsibility.
  • Braking Control Discount – Cars with ABS braking systems or traction control have fewer accidents so companies give up to a 10% discount.
  • Theft Prevention Discount – Cars equipped with tracking devices and advanced anti-theft systems are stolen less frequently and can earn a small discount on your policy.
  • Discounts for Safe Drivers – Insureds without accidents can save up to 40% or more on their insurance quote for Corolla insurance than their less cautious counterparts.
  • E-sign Discounts</strong – Some of the larger companies provide a small discount for buying a policy and signing up over the internet.
  • Defensive Driving Course – Passing a course teaching defensive driver skills can save you 5% or more and also improve your driving technique.
  • Federal Employees – Employees or retirees of the government may reduce rates when you quote insurance for Corolla insurance depending on your car insurance provider.

A little disclaimer on discounts, some of the credits will not apply to your bottom line cost. Most only cut specific coverage prices like comprehensive or collision. Just because you may think you would end up receiving a 100% discount, companies wouldn’t make money that way.

To see insurers who offer car insurance discounts, click here to view.

Tailor your auto insurance coverage to you

When choosing adequate coverage, there is no perfect coverage plan. Your needs are not the same as everyone else’s.

For instance, these questions might point out whether or not you will benefit from professional help.

  • Is my nanny covered when driving my vehicle?
  • Why do I need rental car insurance?
  • How many claims can I have before being cancelled?
  • What happens if I owe more than my 2013 Toyota Corolla is worth?
  • Is business equipment covered while in my vehicle?
  • Do I need more liability coverage?
  • How can I get my company to pay me more for my totalled car?

If you can’t answer these questions but you know they apply to you, you may need to chat with an agent. If you want to speak to an agent in your area, take a second and complete this form.

Smart buyers can reduce their insurance costs

It’s important that you understand some of the elements that go into determining the level of your policy premiums. When you understand what positively or negatively impacts your premiums, this allows you to make good choices that may result in cheaper rates.

  • Does your employer cost you more? – Jobs like doctors, business owners and dentists generally have the highest average rates in part from high stress and lengthy work days. Conversely, careers such as scientists, engineers and performers get better rates for Corolla insurance.
  • Rental and towing coverage may not be needed – There are many optional add-on coverages that can add up on your Corolla policy. Coverages like vanishing deductibles, death and dismemberment, and term life insurance may be wasting your money. You may think they are a good idea initially, but if you don’t need them remove them and pocket the money.
  • Liability safeguards assets – The liability coverage on your policy will protect you if ever you are found to be at fault for damages caused by your negligence. Liability insurance provides legal defense up to the limits shown on your policy. Liability is cheap compared to comp and collision, so do not cut corners here.
  • Do safer cars cost less to insure? – Vehicles with good safety scores tend to be cheaper to insure. These vehicles protect occupants better and fewer serious injuries translates into fewer and smaller insurance claims passed on to you as lower rates. If your Toyota Corolla earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
  • Don’t let your auto insurance lapse – Driving without insurance coverage in place is a big no-no and you will pay a penalty because you let your insurance expire. Not only will you pay more, getting caught without coverage could earn you a license revocation or jail time. You will then be forced to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department.

Do auto insurance companies bend the truth?

Respected companies like GEICO, State Farm and Progressive constantly bombard you with television, radio, and online ads. They all state the claim about savings just by switching your coverage. How does each company offer you a better deal? It’s all in the wording.

Most companies have specific characteristics for the type of customer that will not have excessive claims. For example, a profitable insured could possibly be between the ages of 30 and 50, owns a home, and insures a new vehicle. Any driver that fits those parameters will get a cheap rate quote and is almost guaranteed to save some money.

Drivers who fall short of the “perfect” profile will probably be forced to pay higher premium rates which usually ends up with the customer not buying. The ads state “drivers that switch” not “everyone that quotes” save that much money. This is how insurance companies can confidently lure you into getting a quote.

This really drives home the point why you need to do a price quote comparison at every renewal. It’s not possible to predict which company will fit your personal profile best.

Car insurance coverages and their meanings

Having a good grasp of a car insurance policy can help you determine which coverages you need and the correct deductibles and limits. Car insurance terms can be impossible to understand and nobody wants to actually read their policy.

Auto liability insurance

Liability insurance provides protection from damage or injury you incur to other’s property or people by causing an accident. This insurance protects YOU from claims by other people, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 100/300/100 which means a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Some companies may use one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability insurance covers claims such as emergency aid, court costs, legal defense fees and pain and suffering. How much liability coverage do you need? That is a decision to put some thought into, but buy as much as you can afford.

Comprehensive or Other Than Collision

Comprehensive insurance pays for damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as hitting a bird, fire damage, vandalism, damage from flooding and a broken windshield. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Medical costs insurance

Med pay and PIP coverage kick in for expenses for surgery, X-ray expenses, hospital visits, funeral costs and rehabilitation expenses. The coverages can be used to fill the gap from your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Collision coverage

This coverage will pay to fix damage to your Corolla resulting from a collision with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for claims like backing into a parked car, crashing into a ditch and rolling your car. This coverage can be expensive, so consider removing coverage from older vehicles. You can also raise the deductible to get cheaper collision coverage.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Shop Smart and Save

In this article, we covered a lot of information how to save on 2013 Toyota Corolla insurance. The most important thing to understand is the more rate comparisons you have, the better your chances of lowering your rates. You may even find the lowest priced car insurance comes from a small mutual company.

Insureds change insurance companies for a variety of reasons including delays in paying claims, poor customer service, unfair underwriting practices or questionable increases in premium. No matter why you want to switch, finding a new company is easier than you think.

Lower-priced car insurance can be found online and also from your neighborhood agents, and you need to price shop both in order to have the best chance of saving money. There are still a few companies who may not provide online rate quotes and usually these small insurance companies only sell coverage through independent agents.

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Comments About 2013 Toyota Corolla Insurance

  1. Nichelle Vang

    Like your site, BTW. Checking in from Jackson, MS. I got free quotes with Progressive, Amica, Esurance, and GMAC for my 2013 Toyota Corolla and I’m now saving $57 a month. Got better coverage too. Still almost need a second mortgage.

  2. Shenika Barry

    Thought I’d throw in my experience. I live east of Newark, NJ. I got free rates from Allstate, AIG Insurance, and Erie for my Toyota and saved about $480 a year. Left Auto-Owners to switch. They offer free online rate quotes.

  3. Genevie Hendrix

    Nice info. I live in Columbus, Georgia. Compared quite a few companies. Saved about $40 a month. 21st Century was the cheapest option for me. BTW speeding tickets are not good.

  4. Terese Hammond

    I was with Hartford last year but switched to Allstate. I live north of Great Falls, MT. I recommend comparing lots of rates.

  5. Fermin Richardson

    I’m from Rapid City, South Dakota. Quoted quotes with Safeco, Erie, State Farm, and American Family for my Toyota and saved around $220 a year.

  6. Precious Mcneil

    I’m in the east part of Idaho Falls, ID. Quoted a bunch of companies. Saved right around $40 a month. GEICO was the best choice for me. Was with Western Auto Insurance. :P

  7. Nu Underwood

    I live in Columbia, SC. Got free quotes online for a 2013 Toyota Corolla. Ended up at about $360 savings annually. Went with Allstate.

  8. Leonarda Daniel

    If you have a good history and are close to Albuquerque, New Mexico, check out Allstate. They seem to be cheaper. Hardly afford to drive anymore.

  9. Kristel Brennan

    I’m looking for cheaper coverage. Got a quote with Hartford for my 2013 Toyota Corolla and saved about $400 a year.

  10. Ngan Todd

    All insurance companies are crooks.

  11. Antoinette Phillips

    Does GEICO insure after a DUI?

  12. Michell Franklin

    It all costs too much. Quoted with AAA for my Corolla and cut my rates about $200 a year.

  13. Carol Miller

    Anyone find cheap rates around Columbus, Georgia?

  14. Siu Williamson

    When do I drop full coverage?

  15. Joni Holland

    Not sure what I should be paying. Lifelong resident of Grand Forks, North Dakota. Got quotes with State Farm, Esurance, and The General for my Toyota and cut my rates about $520 a year. I quoted rates online then called them.

  16. Ophelia Graham

    Not sure if this is cheap. I’m in the south part of Charlotte, North Carolina. Quoted with MetLife, Erie, Allstate, and AAA for my Toyota and saved $509 a year. Left Auto-Owners to switch. Even increased coverage a bit.

  17. Gonzalo Mejia

    I went with State Farm at renewal. Best rates in Lexington, KY. BTW speeding tickets are not good.

  18. Hermine Duncan

    If you’re a decent driver and live around Sioux Falls, South Dakota, check out GEICO. You might get cheaper rates. I quoted rates online then called them.