Toyota Corolla iM Insurance Rates

U.S. average insurance rates for a Toyota Corolla iM are $1,268 a year for full coverage insurance. Comprehensive insurance costs around $230 each year, collision insurance costs $424, and liability is $456. Liability-only coverage costs around $508 a year, and high-risk coverage costs $2,750 or more. Teen drivers pay the highest rates at up to $4,904 a year.

Average premium for full coverage: $1,268

Price estimates for individual coverage:

Prices are based on $500 policy deductibles, split liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Estimates are averaged for all 50 states and Corolla iM models.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city can have significant affects on car insurance rates. Areas with sparse population have a lower frequency of physical damage claims than larger metro areas. The graphic below illustrates how location impacts auto insurance rates.

The ranges above illustrate why all drivers should compare rates quotes for a specific zip code and risk profile, instead of using price averages.

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

More Rate Information

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

• The lowest rate with discounts is $737
• Raising to $1,000 deductibles will save about $150 each year
• The average rate for the average middle-age driver using $500 deductibles is $1,268
• Choosing low deductibles will cost an extra $286 every year
• At-risk drivers with multiple violations and an at-fault accident could pay at least $2,750
• The price for full coverage for a teen driver can be $4,904

View Chart as Image

Auto insurance prices for a Toyota Corolla iM are also quite variable based on your driving record, the model year and trim level, and deductibles and policy limits.

More mature drivers with a good driving record and high deductibles may pay as little as $1,200 every 12 months on average for full coverage. Prices are highest for teenage drivers, where even good drivers will have to pay as much as $4,900 a year. View Rates by Age

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 $830 a year in states like Vermont, Wisconsin, and North Carolina, or as much as $1,710 on average in Michigan, New York, and Florida.

View Chart as Image

Choosing high deductibles can reduce prices by up to $440 every year, whereas increasing liability limits will increase prices. Switching from a 50/100 limit to a 250/500 limit will increase prices by as much as $411 extra every year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are probably paying at least $1,500 to $2,100 in extra premium each year, depending on your age. Insurance for high-risk drivers is expensive and can cost as much as 43% to 132% more than average. View High Risk Driver Rates

How to Find Affordable Toyota Corolla iM Insurance

Getting lower rates on car insurance consists of avoiding accidents and claims, having good credit, not filing small claims, and possibly raising deductibles. Spend time shopping around at least once a year by getting quotes from direct insurance companies like Progressive and GEICO, and also from local exclusive and independent agents.

The points below are a brief review of the primary concepts that were touched on above.

• It is possible to save up to $150 per year just by quoting online in advance
• Higher risk drivers with DUI or reckless driving convictions may pay on average $1,480 more every year to insure a Toyota Corolla iM
• Increasing physical damage deductibles can save around $425 each year
• Drivers under the age of 20 are expensive to insure, as much as $409 a month if they have full coverage