Toyota Corolla iM Insurance Rates

U.S. average insurance prices for a Toyota Corolla iM are $1,218 every 12 months for full coverage. Comprehensive insurance costs around $220, collision insurance costs $380, and liability is $460. A policy with just liability insurance costs around $510 a year, and coverage for high-risk drivers costs $2,638 or more. Teenage drivers pay the highest rates at up to $4,740 a year.

Average premium for full coverage: $1,218

Price estimates for individual coverage:

Estimates include $500 deductibles, split liability limits of 30/60, and includes UM/UIM and medical coverage. Estimates are averaged for all states and for different Corolla iM trim levels.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city can have significant affects on auto insurance rates. Areas with sparse population have more infrequent accident claims than densely populated cities. The price range example below illustrates the difference location can make on auto insurance rates.

The ranges above show why anyone shopping for car insurance should compare rates quotes for a specific zip code and their own driving history, instead of using average rates.

Use the form below to get customized rates for your location.

Rates by State, City, and Model

The chart below shows average Toyota Corolla iM insurance rates for additional coverage choices and driver risks.

• The best discount rate is $712
• Raising to $1,000 deductibles will save about $138 a year
• The average price for the average middle-age driver using $500 deductibles is $1,218
• Using more expensive low deductibles costs an extra $262 every year
• At-risk drivers who are prone to accidents and violations could pay at least $2,638
• The price to insure a teen driver with full coverage can be $4,740

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Insurance prices for a Toyota Corolla iM are also quite variable based on deductibles and policy limits, your driver profile, and the trim level and model year.

Using high physical damage deductibles can reduce prices by up to $400 every year, while increasing your policy's liability limits will increase prices. Going from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $414 more per year. View Rates by Deductible or Liability Limit

An older driver with a clean driving record and higher deductibles may pay as little as $1,100 every 12 months on average for full coverage. Prices are much higher for teenage drivers, since even excellent drivers can expect to pay as much as $4,700 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you could be paying at least $1,500 to $2,000 extra each year, depending on your age. High-risk driver insurance is expensive and can cost as much as 42% to 137% more than a normal policy. View High Risk Driver Rates

The state you live in also has a big influence on Toyota Corolla iM insurance prices. A middle-age driver might find prices as low as $800 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $1,740 on average in Michigan, Louisiana, and New York.

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How to Shop for Low Cost Toyota Corolla iM Insurance

Getting lower rates on car insurance consists of not taking risks behind the wheel, having good credit, eliminating unnecessary coverage, and dropping full coverage on older vehicles. Make time to compare rates at least once a year by requesting rates from direct carriers like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

The following is a review of the primary concepts that were touched on in this article.

• Drivers can save up to $140 per year just by shopping early and online
• Higher risk drivers who have several accidents or serious violations may pay on average $1,420 more every year for Corolla iM insurance
• Increasing physical damage deductibles could save as much as $400 each year
• Teens pay higher prices, with premiums as much as $395 a month if they have full coverage