Finding the cheapest auto insurance for a Toyota Corolla in Texas is dependent upon a pretty complex algorithm that uses a lot of factors such as how far you drive to work, your occupation, and any prior driving offenses you have. Drivers in Texas pay approximately $1,116 a year to insure their Corolla, but that amount is a projection using a 30-year-old married female driver with full coverage and $250 deductibles.
Most likely you aren’t exactly 30 years old or even a female, maybe you are single instead of married, and maybe you have sub-par credit that needs to be factored in. Just a very minor change in rating variables can make a big difference in how much coverage for a Toyota Corolla costs.
Car insurance coverage is unique to each driver, so this is why the only way to find cheap insurance rates for your Toyota is to just take the time to compare rates yourself. It’s really quite easy you can get prices from top-rated car insurance companies in Texas.
Vehicle trim level tends to have a direct impact on the insurance rate, so the price to insure a Corolla LE trim level will be $36 less than the cost to insure the higher-priced Corolla XRS model, as shown by the rates below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Corolla LE | $286 | $572 | $388 | $24 | $116 | $1,386 | $116 |
| Corolla S | $286 | $572 | $388 | $24 | $116 | $1,386 | $116 |
| Corolla XLE | $286 | $572 | $388 | $24 | $116 | $1,386 | $116 |
| Corolla XRS | $322 | $572 | $388 | $24 | $116 | $1,422 | $119 |
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Table data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Prices do not factor in specific garaging location which can revise insurance rates greatly.
Choosing a good quality company is hard considering how many different companies insure vehicles in Austin. The company information shown next may help you decide which auto insurance companies you want to consider comparing rates from. The rankings below only include large, nationwide insurance companies, so companies that focus mainly on Texas business are not factored into these rankings.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| Mercury Insurance | 97 | 96 | 88 | 89% | A+ | 93.4 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
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Data Source: Insure.com Best Car Insurance Companies
Get discounts on Austin auto insurance rates
Auto insurance companies that offer quotes for a Toyota Corolla may also give you special discounts that can lower rates by 30% or more if you are eligible to receive them. Large car insurance companies and some of the premium reductions they offer can be read below.
- Progressive may have discounts that include online signing, online quote discount, homeowner, continuous coverage, multi-vehicle, multi-policy, and good student.
- GEICO has discounts for defensive driver, daytime running lights, air bags, five-year accident-free, and anti-theft.
- State Farm offers discounts for safe vehicle, Steer Clear safe driver discount, student away at school, driver’s education, and good student.
- Esurance discounts include Pac-12 alumni, multi-car, renters, anti-lock brakes, paid-in-full, and homeowner.
- The Hartford has savings for defensive driver, vehicle fuel type, air bag, driver training, anti-theft, bundle, and good student.
The information below illustrates the comparison of insurance premiums with and without discounts applied to the rates. The rate quotes are based on a female driver, no claims or driving violations, Texas state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles.
The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with marriage, homeowner, defensive driving course, anti-theft, multiple vehicle, and claim-free discounts applied. When these discounts are applied, the average amount saved each year on car insurance for a Toyota Corolla is 28% or $532.
Impact of violations and accidents on rates
The obvious way to snag the best car insurance prices in Texas for a Corolla is to drive carefully and avoid accidents and keep your driving record clean. The diagram below shows how speeding tickets and at-fault accidents can influence insurance costs for different age categories. The premiums are based on a married male driver, comp and collision included, $1,000 deductibles, and no other discounts are factored in.
In the previous chart, the average cost of auto insurance in Texas per year with no violations or accidents is $1,692. Factor in two speeding tickets and the average cost rises to $2,327, an increase of $635 each year. Then throw in one accident along with the two speeding tickets and the yearly cost of car insurance for a Toyota Corolla increases to an average of $2,984. That’s an increase of $1,292, or $108 per month, just for not being more responsible behind the wheel!
How to find cheaper auto insurance for a Toyota Corolla
It’s not impossible to find cheaper rates, and here are a few thrifty solutions that can help Texas drivers get cheaper coverage.
- Higher deductibles save money
- Drive attentively and avoid accidents
- Save money by obeying traffic laws and keeping a clean driving record
- Do not pay for full coverage if not needed
- Discounts for being claim-free can be substantial
- Ensure you have the best deal by shopping around regularly
That last piece of advice is certainly vital, as we emphasized in this write-up. Prices charged by auto insurers can be adjusted at any time, so don’t be tentative to switch companies if you find a cheaper price. Staying with the same company for years is fine, but we do not recommend it if that loyalty ends up costing potentially thousands of dollars a year. Now is a great time to compare prices and find cheaper insurance for a Toyota Corolla in Austin.
The insurance agencies below are willing to answer your questions and help you decide which car insurance policy is best, as some drivers aren’t sure which coverage they need and prefer to get some guidance when comparing insurance rates for a Toyota Corolla. It can be complicated to find the best coverage on your own, so getting advice from a licensed agent can add peace of mind knowing your coverage gives you adequate protection in case of an accident or claim. To find an auto insurance agency using an interactive map, click the button following the list.
Central Insurance Agency, Inc.
6000 N Lamar Blvd – Austin, TX 78752 – (512) 451-6551
EZ Insurance Agency
343 S Congress Ave – Austin, TX 78704 – (512) 444-3279
Carmina Eaton – State Farm Insurance Agent
4201 W Parmer Ln b170 – Austin, TX 78727 – (512) 244-6641
Robert Ndegwa – State Farm Insurance Agent
1200 W Howard Ln f – Austin, TX 78753 – (512) 837-8818