Toyota Corolla LE Insurance Rates

Average insurance rates for a Toyota Corolla LE are $1,406 a year with full coverage. Comprehensive insurance costs on average $312, collision costs $572, and liability insurance costs around $364. Only liability insurance costs as low as $430 a year, with high-risk insurance costing $3,036 or more. Teen drivers receive the highest rates at $5,174 a year or more.

Annual premium for full coverage: $1,406

Rate estimates by type of insurance:

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

Price Range for Insurance for this Toyota Corolla Trim Level

These differences demonstrate why anyone shopping for car insurance should compare prices based on a specific location, rather than relying on price averages.

Use the form below to get rates for your location.

Insurance rates for a Toyota Corolla LE can also vary considerably based on the model year, your age and driving habits, and policy deductibles and limits.

If you like to drive fast or you caused an accident, you may be forking out at a minimum $1,700 to $2,300 extra per year, depending on your age. High-risk driver insurance can be anywhere from 44% to 135% more than average. View High Risk Driver Rates

An older driver with a clean driving record and higher comprehensive and collision deductibles could pay as little as $1,300 a year for full coverage. Prices are highest for teen drivers, since even teens with perfect driving records can expect to pay upwards of $5,100 a year. View Rates by Age

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

Choosing high deductibles could cut prices by as much as $590 each year, while increasing your policy's liability limits will cost you more. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $327 more per year. View Rates by Deductible or Liability Limit

With so much variability in prices, the best way to find out exactly what you will pay is to compare prices from as many companies as possible. Each insurance company uses a different rate calculation, so the rates can be significantly different.

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The chart above shows Toyota Corolla LE insurance prices for different risks and coverage choices. The lowest price with discounts is $807. Drivers who choose higher $1,000 deductibles will pay $1,206. The average price for a 40-year-old male driver using $500 deductibles is $1,406. Using more expensive $100 deductibles for comp and collision coverage could cost up to $1,796. High risk drivers could be charged as much as $3,036. The price for full coverage for a teen driver can be as high as $5,174.

View Chart as Image