Toyota Corolla Car Insurance: How Much Should You Expect to Pay?

Quick Facts

• Insuring a Toyota Corolla costs about the same as insuring the average car.

• Liability only auto insurance premiums for a Corolla tend to be around $84 monthly, while full coverage generally averages about $182.

• AmericanAlliance is the most affordable car insurance carrier for a Corolla.

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Corolla Overview

The Toyota Corolla is a great budget-friendly car for drivers of all types, with a base price of just $20,075 for 2022 models. There are eight different trim levels currently offered, so there's something there for every driver.

Based on thousands of insurance quotes from Compare.com, we've found that Toyota Corolla auto insurance rates run around $190 a month, on average. Compared to other vehicles in the market, how do Corolla insurance premiums stack up?

How Much is Car Insurance for a Toyota Corolla?

You'll see in the table above that Toyota Corolla insurance prices are right about average compared to other vehicles on the road. On average, Corolla drivers can expect to pay around $182 per month for full coverage, which has comprehensive and collision coverages in addition to liability, and about $84 monthly for liability only insurance (our guide, "State Minimum vs. Full Coverage", can provide more details on the difference between these types of insurance).

When compared to other models, the Corolla is more expensive, with rates more than 10% higher than Toyota's other vehicle offerings. Compared to offerings from other brands, car insurance for a Corolla is similarly on the expensive side, with full coverage insurance prices coming in about 3% more and 1% more for liability only insurance.

Compared to all vehicles of any body type, the Corolla has more expensive premiums than average for both liability only and full coverage auto insurance.

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Who has the Cheapest Car Insurance for a Toyota Corolla?

Are you searching for a car insurance policy for your Toyota Corolla? You might be most interested in which company offers the lowest rates. Even though rates can differ considerably from policyholder to policyholder, the lowest average rates for liability only insurance are as cheap as $28 a month from CaliforniaCasualty. The next cheapest carrier is Ohio Mutual, who offers insurance as little as $34 per month.

Completing the top 5 companies are CSAA, Arrowhead, and Commonwealth Casualty. But just because these five carriers offer the lowest average rates doesn't necessarily mean they'll be the cheapest companies for you and your unique insurance profile.

Car insurance carriers take a variety of different factors into consideration when calculating how much to charge you. By analyzing quotes from an array of auto insurance companies at once, you can be confident you're finding the lowest rate.

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What Factors Affect Car Insurance Rates for a Toyota Corolla?

There are a wide array of pieces that car insurance carriers examine to decide how much they charge you for a policy -- and every company uses a different algorithm, so there's not a single carrier that's the cheapest for each Corolla owner.

The following sections show a bunch of things insurance companies use to choose rates:

Vehicle Age

Toyota has been making the Corolla for quite some time, so the car's age may play a role in how much you'll pay for auto insurance. Usually, it costs less to insure older cars because they're worth less than newer models, and as time goes on and Corollas begin to depreciate, insurance costs will gradually decrease.

Based on the information in the above table, the Toyota Corolla is in line with this trend, as the most expensive models to insure are those that are 1 year old or less, while on average, the cheapest models are Corollas that are 8 to 10 and 15 or more years old.

Your Age

How old you are makes a significant difference in how much car insurance carriers will charge for a policy. Based on the information in the table above, older Corolla drivers have cheaper prices compared to the youngest Corolla drivers. Toyota Corolla drivers under 18 actually pay more than twice as much as those 25 or older.

Insurance prices continue to go down as you get older, with the cheapest age group being 55-64 for Corolla drivers.

Your Gender

Because women are less likely to get into accidents and get tickets, they have a lower chance of filing a claim with insurance. So, insurance companies will often charge women less than men. When it comes to Corolla drivers specifically, men pay around $4 more than women monthly for auto insurance.

Where You Live

You might think it's common sense that variables such as how old you are and what vehicle you drive play a role in your car insurance rates, but you may not realize that where you live is equally important. Auto insurance is regulated on a state-by-state basis, so premiums fluctuate quite a bit depending on what state you reside in.

For example, the average Toyota Corolla driver from New York pays about $196 a month for liability coverage. Meanwhile, on average, the same owner from California will pay less than 50% of that price. The table referenced above shows average prices for the 10 largest states by population, just to give you a good idea of how much rates can change from state to state.

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Toyota Corolla Car Insurance Discounts

Regardless of how old you are, what state you live in, or what vehicle you drive, it's always the smart move to take advantage of as many insurance discounts as possible when shopping around for a policy.

Not every auto insurance company will offer the same discounts, but there are a few that are relatively common. These include discounts like:

• Multi-policy discounts for getting both your home and auto policies from the same carrier
• Vehicle safety discounts for having a vehicle with certain safety features (like anti-lock brakes or air bags) or one with higher than average safety ratings
• Pay-in-full discounts for agreeing to pay your entire policy price at once, rather than in monthly installments
• Multi-vehicle discounts for adding more than one car to your auto policy

While taking advantage of discounts is always a smart way to save money on your car insurance, sometimes the best way to save is just by having a profile that looks good to insurance carriers.

Of course, you can't control every single aspect of your car insurance profile (like some of the factors we mentioned above), but you do have a say over some of it. Below are just a few of the ones you can use in your favor in order to save on auto insurance:

Your Driving Record

You've no doubt seen ads from insurance companies offering large discounts for good drivers. It makes sense that your car insurance premiums will get higher if you get into a collision or get speeding tickets. But exactly how much will these infractions cost you?

If you look at the table above, you'll see that accidents will usually cost Corolla drivers more than tickets, but both will cause a significant increase in rates. Toyota Corolla drivers with one ticket will pay an average of $93 monthly, while drivers with a single accident on their record pay about $102 every month (up $18 from the $84/mo. overall average). The rates only go higher the more tickets you get or accidents you have.

How Much You Drive

The total amount of miles you drive annually plays a big role in your insurance rates. Those who drive less often have fewer opportunities to get into an accident, so they'll typically get lower premiums. In the table above, you can see that Toyota Corolla owners who drive 10,000 miles or more pay $83 for auto insurance, while those who drive fewer than 2,500 miles per year pay about $76 a month.

But if you drive less often than the average driver or work from home, you might consider choosing a usage-based or pay-per-mile car insurance policy. With these policies, you pay a small base rate each month, with your final monthly bill being calculated based on the number of miles you drove.

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How Do Toyota Corollas Compare to Other Vehicles?

If you're considering making a Toyota Corolla your next purchase, you're probably wondering how it compares to other vehicles. Car insurance is just one cost that comes with a new car purchase, but it's guaranteed to be one that's worth taking into consideration.

Check out the table below to see how the Toyota Corolla stacks up:

As you can see, a Toyota Corolla is a great value when it comes to overall price tag. The Corolla starts at $20,075, which is much cheaper than the national average vehicle price of $42,283.

Although the Corolla's price is on the low end of the spectrum, insurance prices run slightly above average when compared to other vehicles on the market. Full coverage insurance for a Toyota Corolla is around $30 per month more than average, while liability only coverage is $5 cheaper per month.

When it comes to usage, Toyota Corolla drivers are near the national average in annual miles driven, with 11,660 miles each year for all vehicles compared to the Corolla's 11,354 a year.

Toyota Corolla Car Insurance Costs by Model Year

We've gone over many of the factors that can affect a driver's auto insurance rates. If you're thinking about buying a new vehicle and the Corolla is one you're considering, having a good idea of how much you'll likely pay can be extremely helpful as you weigh your options.

That's why we've broken down Toyota Corolla car insurance premiums by model year. Find the model year you want in the dropdown to see average rates for both full coverage and liability only options, as well as some other helpful info, like base price, cheapest insurance company, and even available trims for each Corolla model year.

Choose Your Model

2022 Toyota Corolla Car Insurance 2021 Toyota Corolla Car Insurance 2020 Toyota Corolla Car Insurance 2019 Toyota Corolla Car Insurance 2018 Toyota Corolla Car Insurance 2017 Toyota Corolla Car Insurance 2016 Toyota Corolla Car Insurance 2015 Toyota Corolla Car Insurance 2014 Toyota Corolla Car Insurance 2013 Toyota Corolla Car Insurance 2012 Toyota Corolla Car Insurance 2011 Toyota Corolla Car Insurance 2010 Toyota Corolla Car Insurance

2022 Toyota Corolla Car Insurance

On average, drivers who own a 2022 Corolla can expect to pay $76 to $199 monthly for liability only and full coverage insurance, respectively.

With prices as cheap as just $29 per month, Hugo offered the most affordable policy we found for the 2022 Toyota Corolla.

If you want more accurate quotes of how much you can expect to pay, get free quotes in minutes by just entering your ZIP code below.

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2021 Toyota Corolla Car Insurance

The average cost to insure a 2021 Toyota Corolla with liability only coverage is $95 a month, while full coverage runs about $207 per month.

Hugo offered the lowest policy we found, with rates sometimes as cheap as $17 monthly.

Want to figure out exactly what you'll be asked to pay? All you need to do is enter your ZIP code below and you'll be on your way to comparing many personalized quotes from the nation's top insurance carriers.

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2020 Toyota Corolla Car Insurance

2020 Corolla drivers can expect to pay an average of $107 a month for liability or $238 for full coverage.

Hugo has premiums sometimes as little as $21 monthly for the 2020 Toyota Corolla.

If you're looking for a more exact figure on what you should pay for auto insurance for a 2020 Toyota Corolla, you can get free quotes in minutes by just entering your ZIP code below.

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2019 Toyota Corolla Car Insurance

You can expect full coverage for a 2019 Toyota Corolla to run around $210 per month, while liability only coverage will average about $97 a month.

If you're looking for the cheapest possible 2019 Toyota Corolla insurance policy, Gainsco offered the cheapest policy we found, with rates sometimes as low as $18 monthly.

If you want to find the best rates for insurance for a 2019 Toyota Corolla, enter your ZIP code below and compare a whole bunch of personalized quotes in just a few minutes.

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2018 Toyota Corolla Car Insurance

It costs around $108 a month for liability or $207 for a full coverage policy for the 2018 Corolla.

We found Shelter Mutual offered the most affordable policy, with rates as low as $23 per month.

Want to know exactly what your auto insurance rate will be? Enter your ZIP code below to get several personalized quotes for free.

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2017 Toyota Corolla Car Insurance

You can expect full coverage for a 2017 Toyota Corolla to run about $199 monthly, while liability only coverage will average around $92 a month.

With prices as low as just $20 per month, Clearcover offered the cheapest policy we found.

If you want to find the best premiums for car insurance for a 2017 Toyota Corolla, enter your ZIP code below and compare multiple personalized quotes in just a few minutes.

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2016 Toyota Corolla Car Insurance

2016 Corolla drivers can expect to pay an average of $92 a month for liability or $188 for full coverage.

Looking for the lowest policy? StateAuto offered liability only coverage for as little as just $17 per month.

Interested in what your insurance premium could look like? Just enter your ZIP code below to get multiple free customized quotes.

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2015 Toyota Corolla Car Insurance

On average, drivers who own a 2015 Toyota Corolla can expect to pay $91 to $181 monthly for liability only and full coverage car insurance, respectively.

Clearcover offered the most affordable policy we found, with rates sometimes as little as $16 a month.

If you want to know exactly how much you can expect to pay for your Corolla, just enter your ZIP code below and get several free quotes in minutes.

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2014 Toyota Corolla Car Insurance

The average cost to insure a 2014 Corolla with liability only coverage is $94 per month, while full coverage runs about $181 monthly.

With prices sometimes as cheap as $22 per month, DirectGeneral offered the cheapest policy we found.

If you want to know just how much your rate will be, just enter your ZIP code below and get several free quotes in minutes.

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2013 Toyota Corolla Car Insurance

It costs around $87 a month for liability or $170 for a full coverage policy for the 2013 Toyota Corolla.

With rates as cheap as just $19 monthly, Commonwealth Casualty offered the most affordable policy we found for the 2013 Toyota Corolla.

Want something more accurate than national averages? Get a variety of personalized quotes for free by just entering your ZIP code below.

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2012 Toyota Corolla Car Insurance

The average cost to insure a 2012 Corolla with liability only coverage is $85 per month, while full coverage runs about $169 monthly.

Looking for the lowest policy? Hugo offered liability only coverage for as low as just $18 a month.

And if you want more accurate rates tailored specifically to you, just enter your ZIP code below and get free quotes in minutes.

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2011 Toyota Corolla Car Insurance

On average, drivers who own a 2011 Toyota Corolla can expect to pay $86 to $159 per month for liability only and full coverage auto insurance, respectively.

We found Mile Auto offered the cheapest policy, with rates as little as just $17 monthly.

While these are good estimates of what the average driver might pay to insure a 2011 Toyota Corolla, these premiums might differ based on your driver profile. Get free personalized quotes in minutes by just entering your ZIP code below.

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2010 Toyota Corolla Car Insurance

2010 Corolla drivers can expect to pay an average of $87 a month for liability or $165 for full coverage.

Hugo has prices as low as $17 per month for the 2010 Toyota Corolla.

What could your car insurance premium look like? Enter your ZIP code below to get lots of free personalized quotes.

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Toyota Corolla Insurance FAQs

Is a Toyota Corolla expensive to insure?

Liability insurance runs an average of $84 monthly, while full coverage will cost you around $182. The cost of insurance for the Toyota Corolla is about the same as insuring the average vehicle.

How can I get the best price on car insurance for my Toyota Corolla?

There's only one way to be sure you're getting the most affordable rates -- regularly shopping around and getting quotes. Over time, your driver profile changes, which could change your rates, so it's recommended that you get quotes every 6 months or so. Luckily, sites like Compare.com let you compare rates from a range of companies at once, meaning you can find the lowest rates (or guarantee you already have the best deal) in just a few minutes.

Does the color of my Toyota Corolla affect my insurance premiums?

Have you heard that it is more expensive to insure red cars that silver or white vehicles before? Well, that's actually not the case. There are multiple variables auto insurance carriers consider when they decide how much your policy will be, but the color of your Toyota Corolla is not on that list.

Do I need to have insurance before I buy a Toyota Corolla?

You'll need to have valid insurance for your car before you can legally drive your it off the dealership lot. Some dealerships will offer you an auto insurance policy as part of the buying process, but it's best to let your car insurance carrier know beforehand.

What car insurance discounts can I get for my Toyota Corolla?

There are all sorts of discounts out there when it comes to auto insurance. Many of them (like "multi-policy discounts" and "pay-in-full discounts") are based less on your Corolla and more on you, but if your Corolla has safety features like airbags, anti-lock brakes, anti-theft systems, and other features, it may be eligible for certain discounts. The only way to find out is to reach out to your insurance company and ask about their list of discounts.