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Toyota Corolla Insurance Cost & Cheap Quotes (2021)

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Toyota Corolla is an iconic car that's possibly best known for being the top competitor for the widely used and famous Honda Civic. The two Japanese auto manufacturers have been engaged in a decades-long competition to create the ultimate compact economy sedan. The Toyota Corolla is around the same exact price and continues to be one of the most popular (and affordable) cars on the American car market.

If would like to learn more about Toyota Corolla car insurance, then you've come across the right place! Below, we'll be discussing some of the most commonly asked questions regarding purchasing auto insurance for a Toyota Corolla. We'll also show you the average insurance cost for Toyota Corolla and its insurance rates for different years, models, age groups and drivers.

Whether you've already purchased a Toyota Corolla and you're curious if you're getting a good deal on your car insurance or if you're still weighing the pros and cons of this car, then this article is guaranteed to help you make a more informed decision.


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Toyota Corolla Insurance FAQs

Every month, we get numerous questions from our visitors regarding Toyota Corolla insurance rates and the average cost per year they can expect to spend. Below, we've put together a conclusive list of the most common questions that we see again and again.

Is Toyota Corolla Expensive to Insure?

Corolla is the cheapest auto model produced by Toyota. It also happens to be one of the most reliable models. This means that the average cost of insurance is actually considerably cheaper than it would be for some of Toyota's more expensive luxury-oriented vehicles.

As for Toyota Corolla insurance cost, on average, most drivers with a clean driving record who are over 30-years-old will pay between $1,200 and $1,400 per year, depending on the year of their car, their zip code and other factors that are being taken in to consideration. This equates to around $120 to $140 per month, not including any sign-up fees.

Are Toyotas Expensive to Insure?

In general, over the past decades, Toyota has really stepped its game up. In the past, they were regarded as a highly affordable car that didn't come with all of the bells and whistles that American and German counterparts boasted. Today, however, Toyotas are a good bit more expensive to insure than they were in days past, this includes Toyota Altis insurance price, Toyota Camry and other Toyota models. However, you will still be able to find certain Toyotas among the cheapest cars to insure.

The increased cost of insurance is due primarily to the fact that the company has significantly improved the styling of its cars, performance aspects, fuel efficiency, and more. The newer model, Toyota Camry, (even the cheaper Corolla) often sport full-leather interiors, large digital displays and navigation systems, top-of-the-line safety features, and high-fidelity speakers.

They're able to compete with luxurious German-manufactured cars in almost every way and offer a higher degree of reliability to boot. This also means that they tend to hold their value for longer, which makes them a great purchase for those looking to get a good trade-in evaluation in the future.

However, the increased cost of Toyotas has led to them becoming more expensive to insure. While it's not a huge difference, you'll find that most Toyotas are incrementally more expensive to insure than some of the other more affordable compact cars on the market such as the Volkswagen Jetta or the Nissan Sentra.

How Much Does it Cost to insure a Toyota Corolla?

If you wonder how much is insurance for a Toyota Corolla, you should know that due to their high degree of reliability by JD Power and other top auto reviewers, Toyota Corollas are actually one of the most popular used vehicles on the market. Customers can purchase a used Corolla with the confidence that they won't have to pay tons of money for repairs once they drive it off of the lot. The higher degree of reliability and the extra safety features also means that its car insurance quotes are considerably more affordable.

If you're looking at a used Corolla manufactured between 2011 and 2019, then expect to pay between $1,100 and $1,300 for full coverage per year (around $120 per month) or around $400 per year ($33 per month) for a basic liability policy.

Full Coverage Per MonthFull Coverage Per YearMinimum Liability Per MonthMinimum Liability Per Year
$120$1,200$33$400

Please find a more detailed breakdown below.

Compare Toyota Corolla Insurance Quotes

Get all the best quotes from leading providers in a click of a button!

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Toyota Corolla Insurance Rates by Model Year

  • 2010 Toyota Corolla Insurance Cost: $1,132 per year

  • 2011 Toyota Corolla Insurance Cost: $1,148 per year

  • 2012 Toyota Corolla Insurance Cost: $1,174 per year

  • 2013 Toyota Corolla Insurance Cost: $1,188 per year

  • 2014 Toyota Corolla Insurance Cost: $1,218 per year

  • 2015 Toyota Corolla Insurance Cost: $1,268 per year

  • 2016 Toyota Corolla Insurance Cost: $1,298 per year

  • 2017 Toyota Corolla Insurance Cost: $1,332 per year

  • 2018 Toyota Corolla Insurance Cost: $1,352 per year

  • 2019 Toyota Corolla Insurance Cost: $1,370 per year

  • 2020 Toyota Corolla Insurance Cost: $1,374 per year

  • 2021 Toyota Corolla Insurance Cost: $1,384 per year

2021 Toyota Corolla Insurance Cost

The average 2021 Toyota Corolla insurance cost is $116 per month, or $1,384 per year.

Full Coverage Per MonthFull Coverage Per Year
$116$1,384

2020 Toyota Corolla Insurance Cost

Assuming that you're between 30 and 40-years-old, have a clean driving record, decent credit, and live in an average city, then your Toyota Corolla 2020 insurance cost should be around $1,374 per year for a full coverage policy.

If you break it down by monthly costs, then your 2020 Toyota Corolla insurance rates equals out to $115 per month. That's quite affordable for a full coverage policy that comes with the extra collisioncomprehensive, and personal injury protection coverage.

Full Coverage Per MonthFull Coverage Per Year
$115$1,374

2019 Toyota Corolla Insurance Cost

An 2019 Toyota Corolla should cost you $114 per month, or $1,370 per year, to insure.

Full Coverage Per MonthFull Coverage Per Year
$114$1,370

2018 Toyota Corolla Insurance Cost

An 2018 Toyota Corolla insurance cost is $113 per month or $1,352 per year, on average.
Full Coverage Per MonthFull Coverage Per Year
$113$1,352

2017 Toyota Corolla Insurance Cost

The average 2017 Toyota Corolla insurance cost is $111 per month, or $1,332 per year.

Full Coverage Per MonthFull Coverage Per Year
$111$1,332

2016 Toyota Corolla Insurance Cost

An 2016 Toyota Corolla will cost you $108 per month, or $1,298 per year, to insure.

Full Coverage Per MonthFull Coverage Per Year
$108$1,298

2015 Toyota Corolla Insurance Cost

2015 Toyota Corolla insurance rates are $106 per month, or $1,268 per year, on average.

Full Coverage Per MonthFull Coverage Per Year
$106$1,268

2010 Toyota Corolla Insurance Costs

2010 Toyota Corolla insurance cost is only $95 per month, or $1,132 per year, on average.

Full Coverage Per MonthFull Coverage Per Year
$95$1,132

How to Get the Most Affordable Corolla Auto Insurance

Here are some quick tips to help ensure that you get the best Toyota Corolla insurance rates on your next policy.

List Your Toyota Safety Features

Corollas are loaded with safety features, so make sure that you mention them to your insurance agent. Each additional feature will result in a slight decrease in monthly premiums. They could include:

  • ABS (anti-locking) brakes.

  • Blindspot detection.

  • Lane swerving warning.

  • ... and others!

Improve Your Credit Score

Although it's not the most important factor, your credit score does play a part in your insurance rates. The better your credit score is, the better of a deal you'll get on your insurance. High credit scores correlate to fewer accidents and better payment reliability, while lower credit scores correlate to more accidents and lower payment reliability.

Bundle Your Policies Together

If your insurance company offers multiple types of insurance, then you might consider bundling your policies together to save money. For example, if you own a home, you can bundle your home and auto insurance together. The same applies if you have a motorcycle, RV, or even renters' insurance. The more policies that you can get through the same insurance company, the more you'll save!

Compare Quotes

The last ones is obvious, compare Toyota Corolla insurance quotes, and you can get started with it easily online right here!

Compare Toyota Corolla Insurance Quotes

Get all the best quotes from leading providers in a click of a button!

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