Toyota Corolla XLE Insurance Rates

Average auto insurance rates for a Toyota Corolla XLE are $1,406 annually with full coverage. Comprehensive insurance costs an estimated $312 a year, collision insurance costs $572, and liability insurance costs around $364. Buying just liability costs as low as $430 a year, and insurance for high-risk drivers costs $3,036 or more. Teen drivers receive the highest rates at up to $5,174 a year.

Annual premium for full coverage: $1,406

Rate estimates broken down 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 differences demonstrate why it is important for drivers to compare prices for a targeted area and their own personal driving habits, rather than relying on price averages.

Use the form below to get rates for your location.

Auto insurance rates for a Toyota Corolla XLE can also vary considerably based on the model year of your Corolla, your driving record, and liability limits and deductibles.

Older drivers with a good driving record and high physical damage deductibles could pay as little as $1,300 a year for full coverage. Prices are highest for teen drivers, where even without any violations or accidents they will have to pay at least $5,100 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you may be forking out $1,700 to $2,300 in extra premium per year, depending on your age. A high-risk auto insurance policy can be anywhere from 44% to 135% more than average. View High Risk Driver Rates

Choosing high deductibles could cut prices by as much as $590 each year, while buying higher liability limits will increase premiums. Moving from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $327 extra every year. View Rates by Deductible or Liability Limit

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

With so much variability in prices, the best way to find out who has the cheapest auto insurance prices is to get quotes from as many companies as possible. Each insurance company uses a different rate calculation, and quoted rates can be significantly different between companies.

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The chart above shows Toyota Corolla XLE insurance prices for various situations. The lowest price with discounts is $807. Drivers who choose higher $1,000 deductibles will pay about $1,206. The average price for a driver around age 40 using $500 deductibles is $1,406. Choosing low $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 cost for full coverage for a teenage driver can be as high as $5,174.

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