Buying cheaper insurance for a Toyota Corolla in California is pretty easy for most people, but it is dependent upon a fairly complex equation with a lot of factors such as how long your commute is, where your vehicle is garaged, and any prior driving citations you have received. Drivers pay approximately $966 per year to insure their Corolla, but that price is a valuation based upon a 40-year-old married male driver with full comprehensive and collision coverage and $1,000 deductibles.
But there is a high probability that you’re not a 40-year-old male, you might be single instead of married, or maybe your Corolla doesn’t need full coverage. Just a slight change in rating criteria could result in a significant change in the cost of insurance for a Toyota Corolla.
The different assumptions illustrate why the only real way to find the cheapest insurance price for your Toyota is to compare as many rates as possible.
Vehicle trim level can impact the coverage cost, so the cost to insure a Corolla LE trim level will be $24 less than the insurance cost for the more costly Corolla XRS version, as shown in the chart below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Corolla LE | $192 | $392 | $456 | $26 | $136 | $1,202 | $100 |
| Corolla S | $192 | $392 | $456 | $26 | $136 | $1,202 | $100 |
| Corolla XLE | $192 | $392 | $456 | $26 | $136 | $1,202 | $100 |
| Corolla XRS | $216 | $392 | $456 | $26 | $136 | $1,226 | $102 |
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Table data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, safe-driver, and homeowner. Premium amounts do not factor in specific zip code location which can decrease or increase premium rates substantially.
Deciding which company offers the most affordable insurance rates for a Toyota Corolla will take a bit more effort in order to find coverage that fits your budget. Every car insurance company has their own formula for establishing rates, so let’s take a look at the insurance companies that tend to have lower prices in California.
It’s important that you understand California insurance rates are influenced by many factors which can substantially decrease or increase your annual premium. Simply having a birthday, buying a different vehicle, or getting a driving violation may cause policy rate changes that can cause some rates to be cheaper than competitors.
Cheapest Insurance Rates for Your Corolla
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Wawanesa | $1,146 |
| 2 | USAA | $1,155 |
| 3 | Century National | $1,214 |
| 4 | CSAA | $1,222 |
| 5 | Nationwide | $1,226 |
| 6 | 21st Century | $1,325 |
| 7 | Grange | $1,491 |
| 8 | Mercury | $1,503 |
| 9 | GEICO | $1,513 |
| 10 | Allstate | $1,543 |
| 11 | Progressive | $1,558 |
| 12 | The Hartford | $1,575 |
| 13 | Allied | $1,588 |
| 14 | MetLife | $1,606 |
| 15 | State Farm | $1,682 |
| 16 | Unitrin | $1,682 |
| 17 | Esurance | $1,756 |
| 18 | Bristol West | $1,831 |
| 19 | Travelers | $1,842 |
| 20 | Farmers | $1,946 |
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Wawanesa may have some of the cheapest car insurance rates in Bakersfield at around $1,146 each year. USAA, Century National, CSAA, and Nationwide would also be considered some of the most economical Bakersfield, CA auto insurance companies.
As illustrated above, if you are currently insured with Nationwide and switched to USAA, you might achieve a yearly savings of in the vicinity of $71. Policyholders with 21st Century may save as much as $170 a year, and Grange insureds might cut rates by $336 a year.
To get a quick, customized rate comparison, click here to get a free quote or click several companies below for low rates.
It’s important to note that these policy prices are averages for all ages of drivers and types of vehicles and do not take into consideration a specific zip code for a Toyota Corolla. So the insurer that has the lowest price for you may not even be in the list above. That affirms the importance of why you need to quote rates from as many companies as possible using your own driver and vehicle profiles.
Get discount Bakersfield car insurance rates
Auto insurance companies that provide coverage for a Toyota Corolla may additionally offer special discounts that may potentially lower prices by 30% or more if you meet specific eligibility requirements. Popular insurance companies and the discounts they provide can be read below.
- Farm Bureau includes discounts for multi-policy, driver training, safe driver, youthful driver, multi-vehicle, and 55 and retired.
- State Farm may have discounts that include defensive driving training, passive restraint, driver’s education, Drive Safe & Save, anti-theft, and multiple policy.
- Progressive has savings for homeowner, continuous coverage, online signing, good student, multi-policy, multi-vehicle, and online quote discount.
- Allstate offers discounts including teenSMART discount, FullPay discount, economy car, anti-theft, premier plus, eSmart discount, and utility vehicle.
- Nationwide discounts include defensive driving, anti-theft, multi-policy, family plan, good student, and easy pay.
- MetLife may offer discounts for accident-free, good student, good driver, multi-policy, and claim-free.
The example below illustrates the difference between car insurance rates with and without discounts applied. The premiums assume a female driver, no claims or driving citations, California state minimum liability limits, comp and collision included, and $500 deductibles.
The first bar for each age group shows the price with no discounts. The second shows the rates with vehicle safety, claim-free, marriage, defensive driving course, passive restraint, and multiple vehicle discounts applied. When these discounts are applied to the policy premium, theaverage yearly reduction on insurance for a Toyota Corolla is 28% or $692.
The example below highlights how deductible choice can affect insurance rates when searching for cheap insurance for a Toyota Corolla. The information is based on a single female driver, comp and collision included, and no discounts are taken into consideration.
In the chart above, a 50-year-old driver could pocket $476 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $712 by changing to a $1,000 deductible. Young drivers, like the age 20 example, have the ability to save up to $1,216 or even more by using higher deductibles when buying full coverage. If you do decide to increase your deductibles, it will be required to have plenty of savings on hand to pay the extra out-of-pocket expense, which is the one shortcoming of high deductibles.
How to find low-cost auto insurance for a Toyota Corolla
The list below details some of the better money-saving ideas that can help you quote cheap coverage.
- Maintain a safe distance and avoid accidents
- Higher credit scores may earn you cheaper rates
- Tickets and violations raise rates
- Get cheaper liability coverage by choosing a safer vehicle
- Frequent claims may make car insurance unaffordable
- Compare rates and switch if you can find a better deal
The last tip in the list is notably valuable, as was emphasized in this write-up. Coverage rates adjust frequently, so don’t be unwilling to switch to a new company if a lower price can be found. Having brand loyalty is commendable, but it isn’t a good idea if that faithfulness ends up costing you a small fortune year after year. If you have a few minutes, shop around and find cheaper car insurance for a Toyota Corolla in Bakersfield.
If you aren’t sure which coverage to buy and prefer to have a little guidance when comparing insurance rates for a Toyota Corolla, the insurance agencies listed below are willing to help you determine which coverages you need. To locate a Bakersfield insurance agent in your neighborhood, click the button link following the list.
- Nationwide Insurance: Michaud Insurance Agency Inc
201 California Ave – Bakersfield, CA 93304 – (661) 633-9900 - Fox, James H – James H Fox Insurance
42 Bernard St – Bakersfield, CA 93305 – (661) 322-2023 - James Banks – State Farm Insurance Agent
1525 Columbus St #400 – Bakersfield, CA 93305 – (661) 872-5140 - Allstate Insurance: Ana M. Arreola
6649 Ming Ave – Bakersfield, CA 93309 – (661) 633-2633