Toyota Corolla XRS Insurance Rates

The average insurance rates for a Toyota Corolla XRS are $1,452 a year with full coverage. Comprehensive insurance costs on average $326, collision insurance costs $604, and liability insurance costs around $364. A liability-only policy costs as low as $430 a year, and high-risk insurance costs $3,138 or more. Teenage drivers cost the most to insure at up to $5,318 a year.

Annual premium for full coverage: $1,452

Policy rates by type of coverage:

40-year-old driver, full coverage with $500 deductibles, and good driving record

Price Range for Insurance for this Toyota Corolla Trim Level

These price differences demonstrate why everyone should compare prices based on a specific location and risk profile, rather than relying on average rates.

Use the form below to get rates for your location.

Car insurance rates for a Toyota Corolla XRS also range considerably based on your risk profile, the actual cash value of your Corolla, and policy deductibles and limits.

A more mature driver with no driving violations and high deductibles could pay as little as $1,300 a year, or $108 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will be charged upwards of $5,300 a year. View Rates by Age

Your home state has a huge impact on Toyota Corolla XRS insurance rates. A driver around age 40 might see rates as low as $970 a year in states like Indiana, Ohio, and Vermont, or be forced to pay as much as $1,790 on average in New Jersey, Michigan, and Montana. Rates by state and city are shown later in the article.

Using high physical damage deductibles could cut rates by as much as $630 each year, whereas buying more liability protection will cost you more. Moving from a 50/100 limit to a 250/500 limit will raise rates by up to $327 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you may be forking out at a minimum $1,700 to $2,300 extra every year, depending on your age. Toyota Corolla XRS insurance for high-risk drivers can be anywhere from 43% to 131% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the best way to find out exactly what you will pay is to regularly compare rates from as many companies as possible. Each insurance company uses a different method to calculate rates, so rate quotes will be varied from one company to the next.

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The chart above shows Toyota Corolla XRS insurance rates for various risk profiles and scenarios. The lowest rate with discounts is $829. Drivers who use higher $1,000 deductibles will pay around $1,240. The average rate for a 40-year-old male driver using $500 deductibles is $1,452. Selecting more expensive $100 deductibles for comp and collision coverage could cost up to $1,862. Drivers with multiple violations and accidents could be charged around $3,138. The rate for full coverage for a teen driver can be as high as $5,318.

View Chart as Image