Finding the cheapest insurance for a Toyota Corolla in California hinges on many rating criteria such as annual miles driven, your geographic location, and any driving offenses on your record. California drivers will pay around $1,442 annually to insure their Corolla, but that amount is using a 30-year-old married male driver with full coverage and $100 deductibles.
The issue that arises when projecting rates is that it’s very likely that you are not 30 years old and maybe not even male, single instead of married, or maybe you just want liability only instead of full coverage. Everyone has unique insurance needs, and this illustrates why the best method for finding affordable rates for your Toyota is to do a thorough rate comparison. It only takes a couple of minutes and you will be able to see rates from top-rated companies that insure vehicles in California.
The specific trim level has an effect on the cost of coverage, so the price to insure a Corolla LE will cost $50 less than the cost to insure the more well-appointed Corolla XRS model, as shown by the rates below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
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Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, multi-vehicle, and homeowner. Rate quotes do not factor in specific location which can affect premium rates considerably.
Finding the best company can be challenging considering how many different companies there are to choose from in Riverside. The company information in the lists below may help you select which car insurance companies you want to consider when comparing rate quotes.
The rankings below are for companies with a nationwide focus, so companies that focus mainly on California business are not factored into the list. To compare price quotes and find the cheapest rates for a Toyota Corolla, click this link.
|Company||Value||Customer Service||Claims||Customer Satisfaction||A.M Best Rating||Overall Score|
|AAA of Southern California||91||94||97||92%||A+||94.1|
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Data Source: Insure.com Best Car Insurance Companies
The chart below demonstrates how deductibles can affect insurance prices when getting quotes for cheap insurance for a Toyota Corolla. The data is based on a single female driver, full physical damage coverage, and no discounts are taken into consideration.
A 30-year-old driver could save $544 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $816 by changing to a $1,000 deductible. Youthful drivers, such as the 20-year-old example, could shave up to $1,216 or more by using higher deductibles when buying full coverage. If you do decide to increase your deductibles, it will be important to have emergency funds available to offset the extra out-of-pocket expense. That is the one disadvantage of using higher deductibles.
Here’s why price comparisons are so important
California insurance rates are calculated based on many things that will increase or decrease the price you pay for coverage. Turning one year older, filing a claim, or getting a ticket for running a stop sign can cause premium changes resulting in some companies being affordable when they were higher priced. Not only may your risk profile change, but insurers change prices every year in order to remain profitable. Heavy losses can cause additional premium costs, while a profitable period may cause lower-priced Corolla insurance rates.
The data below demonstrates which company has the cheapest car insurance in Riverside, CA for a 35-year-old female driver with no violations or accidents, and solid credit. If we estimate rates based on her current risk factors, USAA quotes the cheapest car insurance rates in Riverside at $1,274 each year. This is $377 less than the average premium paid by California drivers of $1,651. Wawanesa, CSAA, Century National, and Nationwide also make the list of the cheapest Riverside, CA auto insurance companies.
In the next rate comparison, we’ll give the driver from the first rate comparison some claims, a lower credit score, and a traffic ticket or two. Due to the fact that every insurance company uses their own method to set their prices, analyzing rate quotes could result in a different list of cheap Riverside auto insurance companies as shown below.
Grange now has the lowest car insurance rate in Riverside, CA with Progressive, GEICO, Mercury, and Allstate also being competitive. This demonstrates why it is critical to compare as many rates as possible when trying to find the best auto insurance quotes for a Toyota Corolla. Insurance prices are impacted by many risk factors and can change substantially, so the best option the last time you shopped around may now be costing you a lot of money.
How to find budget-friendly car insurance for a Toyota Corolla
It is possible to find better rates, and here are some of the better penny-pinching ideas that can help California drivers get lower-cost car insurance.
- Buy a car with high safety ratings
- Assess whether full coverage is needed
- Drive safely
- Raise your physical damage coverage deductibles
- Drive attentively and avoid accidents
- Clean up your credit rating
- Shop around once a year for cheaper rates
That last idea is extremely valuable, as was affirmed in this piece. Coverage rates change a lot, so don’t be unwilling to switch carriers if a cheaper price is available.
Staying with the same company for years is fine, but it’s not recommended if that loyalty ends up costing hundreds of dollars a year. In just a couple of minutes you could shop around and find cheaper car insurance for a Toyota Corolla in Riverside.
The Riverside auto insurance agencies shown below can aid you in deciding which policy fits your needs best, as many people would rather have the advice of a professional agent when shopping around for cheaper insurance for a Toyota Corolla. It can be challenging to find the best rates on your own, so getting advice from a licensed California insurance agent can bring comfort knowing your coverage gives you decent coverage if you have a claim. To find a Riverside insurance agency close to you, click the button at the bottom of the list or click here to compare prices now.
Farmers Insurance – Dominique Tran
10800 Hole Ave #3 – Riverside, CA 92505 – (951) 343-3408
GEICO Insurance Agent
2711 Canyon Springs Parkway, Suite A-104 – Riverside, CA 92507 – (951) 786-9477
Strong Tie Insurance Services
1766 University Ave # 104 – Riverside, CA 92507 – (951) 682-1200
Applied General Agency
1485 Spruce St – Riverside, CA 92507 – (951) 686-6120
Prism Insurance Agency
9824 Magnolia Ave a – Riverside, CA 92503 – (951) 353-1200