Toyota Corolla S Insurance Rates

The average insurance rates for a Toyota Corolla S are $1,406 a year with full coverage. Comprehensive insurance costs on average $312 a year, collision insurance costs $572, and liability costs $364. Liability-only coverage costs as little as $430 a year, and high-risk coverage costs $3,036 or more. Teen drivers cost the most to insure at up to $5,174 a year.

Annual premium for full coverage: $1,406

Policy rates by individual coverage type:

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 it is important for drivers to compare rates based on a specific location, instead of making a decision based on price averages.

Use the form below to get rates for your location.

Insurance prices for a Toyota Corolla S also range considerably based on the model year of your Corolla, your age and driving habits, and policy deductibles and limits.

If you have a few points on your driving record or you caused an accident, you may be forking out at a minimum $1,700 to $2,300 additional every year, depending on your age. A high-risk auto insurance policy can cost from 44% to 135% more than average. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as low as $1,300 per year on average, or $108 per month, for full coverage. Prices are highest for teenagers, since even teens with perfect driving records should be prepared to pay upwards of $5,100 a year. View Rates by Age

Your home state makes a big difference in Toyota Corolla S insurance prices. A 40-year-old driver could pay 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 save up to $590 annually, while buying higher liability limits will cost you more. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will raise prices by up to $327 more each year. View Rates by Deductible or Liability Limit

Because prices have so much variability, the best way to find out exactly what you will pay is to get quotes from multiple companies. Every company uses a different rate calculation, and rates will be varied.

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The chart above shows Toyota Corolla S insurance prices for various risks and coverage choices. The cheapest discount price 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. Choosing low $100 deductibles for comp and collision coverage can cost as much as $1,796. High risk drivers could be charged around $3,036. The cost for full coverage for a teen driver is $5,174.

View Chart as Image