View 2010 Toyota Corolla Car Insurance Cost

Want lower insurance rates for your Toyota Corolla? Are you overwhelmed by the wide range of insurance companies? You’re not alone. There are so many options available that it can quickly become a real challenge to find the perfect company for you.

Consumers need to take a look at other company’s rates every six months because insurance rates change quite often. Even if you think you had the best rates on Corolla insurance a few years ago other companies may now be cheaper. So just forget anything you know (or think you know) about insurance because you’re going to learn one of the easiest ways to save money, get proper coverage and the best rates.

How to Get Insurance Coverage

There are multiple methods to compare 2010 Toyota Corolla insurance coverage prices but some are less labor-intensive and much quicker. You can spend your afternoon talking about coverages with local insurance agents in your area, or you can stay home and use the internet to quickly compare rates.

Many companies enroll in a system that enables customers to only type in their quote data once, and each company can give them a price. This saves time by eliminating repetitive form submissions for each company.

To use this form to compare 2010 Toyota Corolla insurance rates click here to open in new window.

The one disadvantage to getting quotes like this is you don’t know exactly which insurance companies to get pricing from. If you prefer to choose individual companies to compare, we have a listing of companies who write insurance coverage in your area. Click here for list of insurance companies.

Whichever method you choose, make sure you use exactly the same information for every company. If the quotes have mixed coverages it will be impossible to make an equal comparison. Quoting even small variations in limits may cause a big price difference. And when comparing insurance coverage rates, know that having more price comparisons provides better odds of finding a lower rate.

Can switching companies really save?

Allstate, Geico and Progressive constantly bombard you with ads on television and other media. All the companies have a common claim of big savings if you switch to them. How can each company claim to save you money? This is how they do it.

All the different companies have a certain “appetite” for the type of driver they prefer to insure. For instance, a preferred risk could be between 25 and 40, has no driving citations, and has great credit. A customer that hits that “sweet spot” will get very good rates and therefore will pay quite a bit less when switching companies.

Potential customers who don’t qualify for the requirements will be charged higher prices which usually ends up with business not being written. Company advertisements say “drivers who switch” but not “drivers who get quotes” save that much. This is how companies can make those claims. That is why you absolutely need to get as many quotes as possible. Because you never know which insurance companies will provide you with the cheapest Toyota Corolla insurance rates.

Discounts are available to cut your rates

Auto insurance companies don’t list all their discounts very clearly, so we took the time to find both well-publicized and the harder-to-find discounts you could be receiving.

  • Discount for Good Grades – This discount can earn a discount of 20% or more. The discount lasts until age 25.
  • No Accidents – Claim-free drivers can save substantially compared to frequent claim filers.
  • Anti-theft System – Vehicles with anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.
  • Defensive Driving Course – Taking a course teaching defensive driving skills can save you 5% or more depending on where you live.
  • Auto/Home Discount – When you have multiple policies with the same company you could get a discount of at least 10% off all policies.
  • Anti-lock Brakes – Vehicles equipped with ABS or steering control can reduce accidents and will save you 10% or more.
  • Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to take driver’s ed class in school.

Drivers should understand that most discount credits are not given to all coverage premiums. Some only apply to specific coverage prices like medical payments or collision. Just because it seems like having all the discounts means you get insurance for free, you won’t be that lucky.

A partial list of companies that possibly offer these discounts include:

Before buying, ask each insurance company how you can save money. Savings may not be available in your area.

Everyone needs different coverages

When it comes to choosing the best insurance coverage coverage, there really is no cookie cutter policy. Everyone’s needs are different.

Here are some questions about coverages that might help in determining whether or not you will benefit from professional help.

  • Does my medical payments coverage pay my health insurance deductible?
  • Is my babysitter covered when using my vehicle?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Is there coverage for injuries to my pets?
  • How many claims can I have before being cancelled?
  • Is business property covered if stolen from my car?
  • Am I better off with higher deductibles on my 2010 Toyota Corolla?
  • Do I really need UM/UIM coverage?
  • Is upholstery damage covered by car insurance?

If you can’t answer these questions, you may need to chat with a licensed agent. If you don’t have a local agent, simply complete this short form.

Insurance coverages and their meanings

Knowing the specifics of a insurance policy helps when choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be confusing and coverage can change by endorsement.

Collision coverage

Collision coverage pays for damage to your Corolla resulting from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things such as crashing into a ditch, rolling your car, colliding with a tree and crashing into a building. This coverage can be expensive, so consider removing coverage from vehicles that are older. It’s also possible to bump up the deductible to save money on collision insurance.

Uninsured/Underinsured Motorist (UM/UIM)

This gives you protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Liability

Liability insurance can cover injuries or damage you cause to other’s property or people in an accident. This insurance protects YOU against claims from other people. It does not cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 100/300/100 which stand for $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability coverage protects against claims such as structural damage, repair bills for other people’s vehicles, funeral expenses and medical services. How much coverage you buy is a personal decision, but consider buying as much as you can afford.

Comprehensive insurance

This covers damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as damage from a tornado or hurricane, damage from flooding and damage from getting keyed. The highest amount your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills like nursing services, prosthetic devices, chiropractic care, doctor visits and surgery. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. They cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. PIP is only offered in select states and may carry a deductible

Saving money is sweet as honey

Low-cost 2010 Toyota Corolla insurance can be found both online as well as from independent agents, so you should compare both to get a complete price analysis. There are still a few companies who don’t offer the ability to get a quote online and many times these smaller companies only sell through independent insurance agents.

When you buy insurance online, do not buy lower coverage limits just to save a few bucks. There are many occasions where an accident victim reduced uninsured motorist or liability limits only to regret at claim time they didn’t have enough coverage. Your aim should be to find the BEST coverage for the lowest price while not skimping on critical coverages.

Consumers change insurance companies for any number of reasons including being labeled a high risk driver, questionable increases in premium, high rates after DUI convictions or an unsatisfactory settlement offer. Regardless of your reason, finding a new insurance coverage company can be easy and end up saving you some money.

Much more information about insurance coverage is available at the links below