Finding competitive car insurance for a Toyota Corolla in California is dependent upon an enormous amount of rating factors such as your gender, what you do for a living, and if you have a history of accidents. Drivers pay around $1,632 a year to insure their Corolla, but that price is an approximation using a 40-year-old single male driver with full physical damage coverage and $100 deductibles.
The problem with using this number is the good chance you are not 40 years old and maybe not even male, possibly married instead of single, or maybe you live in a different area as the quoted rates. Just a slight change in the criteria used to calculate rates could end up with a large change in the coverage rate.
Insurance is an individual thing, so the way we recommend to find cheap insurance rates for your Toyota is to do a thorough rate comparison. Get a free quote now and you will get price quotes from top-rated car insurance companies available.
Your Toyota’s trim level will most likely have an effect on the coverage cost, so the price you will pay to insure a Corolla LE model will be $48 cheaper than the cost to insure the higher-end Corolla XRS trim level, as shown in the chart below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
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Cost estimates assume single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, multi-vehicle, and homeowner. Price information does not factor in Oakland location which can modify rates significantly.
Insuring your vehicle with the right company can be rather challenging considering how many companies there are to choose from in Oakland. The rank data shown below may help you pick which auto insurers you want to consider shopping your coverage with. These ratings are only comprised of the companies with a significant amount of written premium nationwide, so companies that only write business in California or surrounding areas will not be included in the list.
|Company||Value||Customer Service||Claims||Customer Satisfaction||A.M Best Rating||Overall Score|
|AAA of Southern California||91||94||97||92%||A+||94.1|
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Data Source: Insure.com Best Car Insurance Companies
Violations and accidents raise rates
A great way to get low insurance prices in California for a Corolla is to be a careful driver and avoid getting tickets or having accidents. The diagram below illustrates how traffic citations and accidents drive up insurance premiums for each different age category. The premiums are based on a single female driver, comp and collision included, $500 deductibles, and no discounts are factored in.
In the prior example, the average cost of an auto insurance policy per year with a clean driving record and no accidents is $2,482. Add in two speeding tickets and the average cost rises to $3,328, an increase of $846 each year. Then include one accident along with the two speeding tickets and the 12-month cost of insurance for a Toyota Corolla goes up to an average of $4,195. That’s an increase of $1,713, or $143 per month, just for being a less-than-perfect driver!
Discount Oakland auto insurance rates
Car insurance companies that offer coverage for a Toyota Corolla could also offer discounts that can reduce rates by 35% or more if you can meet the requirements. The best insurance companies and some of their more popular discounts are:
- GEICO may include discounts for defensive driver, multi-vehicle, anti-theft, daytime running lights, and driver training.
- MetLife offers discounts including multi-policy, good student, good driver, accident-free, and defensive driver.
- Progressive has discounts for multi-vehicle, online quote discount, continuous coverage, online signing, and multi-policy.
- Travelers may have discounts that include multi-policy, hybrid/electric vehicle, student away at school, continuous insurance, home ownership, and save driver.
- SAFECO includes discounts for safe driver, teen safe driver, anti-theft, drive less, multi-car, anti-lock brakes, and accident prevention training.
- AAA offers premium reductions for anti-theft, AAA membership discount, good student, pay-in-full, multi-policy, and education and occupation.
The diagram below shows the difference between car insurance costs with and without discounts. The rate quotes are based on a male driver, no violations or claims, California state minimum liability limits, full physical damage coverage, and $250 deductibles.
The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with defensive driving course, anti-theft, homeowner, multiple policy, accident-free, and safe-driver discounts applied. When drivers qualify for the discounts, theaverage yearly reduction on insurance for a Toyota Corolla is 28% or $816.
The auto insurance agents in Oakland shown below can most likely aid you in deciding which auto insurance policy fits you best, as lots of drivers aren’t clear which coverage they need and would like to have some advice when trying to find the best insurance rates for a Toyota Corolla. It can be difficult to find the best coverage on your own, so getting advice from a licensed California insurance agent can provide you comfort knowing you have adequate asset protection. To locate an Oakland insurance agent close to you, click the button at the bottom of the list.
- Western-Southern Life Insurance Co
80 Swan Way # 102 – Oakland, CA 94621 – (510) 877-4119
- David E. Quan Agency Insurance Brokers, Inc.
523 47th St – Oakland, CA 94609 – (510) 653-8880
- State Farm: Grantland Bailey
2115 MacArthur Blvd – Oakland, CA 94602 – (510) 482-7700
How to find the cheapest auto insurance for a Toyota Corolla
It’s not impossible to find cheaper rates, and here are some of the recommended money-saving suggestions that can help California drivers buy cheap coverage.
- Clean up your credit rating
- Higher deductibles save money
- Safer vehicles generally have cheaper insurance rates
- Full coverage is expensive so only insure older vehicles for liability only
- Save money by bundling your home and auto policies
- Discounts for being claim-free can be substantial
- Keep rates low by shopping around frequently
The last idea is highly vital, as we pointed out in this write-up. Auto insurance prices can be adjusted at any time, so you should be ready to switch to a new company if a more affordable rate is found.
Many drivers tend to have loyalty to a certain company, but it’s not recommended if that stubbornness costs you several hundred dollars every year. In just a few minutes you could compare prices and find cheaper insurance for a Toyota Corolla in Oakland.