Finding affordable coverage for a Toyota Corolla in Texas is usually pretty straightforward, but it relies on a lot of different factors such as the mileage of your daily commute, your credit score, and any past driving violations you may have had. Texas drivers pay around $1,247 a year for Corolla insurance, but that price is an estimation calculated based on a 50-year-old single female driver with full coverage and $100 deductibles.
There’s a high likelihood you aren’t exactly 50 years old or even a female, possibly married instead of single, and you want different coverage limits than the example. This illustrates why the way we recommend to find affordable rates for your Toyota is to just compare rates yourself.
Find Cheaper Toyota Corolla Insurance
The specific model of Corolla tends to have a direct effect on the insurance rate, so the price you will pay to insure a Corolla LE trim level will be $36 cheaper than the price to insure the more expensive Corolla XRS model, as shown in the chart below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Corolla LE | $282 | $684 | $430 | $26 | $128 | $1,550 | $129 |
| Corolla S | $282 | $684 | $430 | $26 | $128 | $1,550 | $129 |
| Corolla XLE | $282 | $684 | $430 | $26 | $128 | $1,550 | $129 |
| Corolla XRS | $318 | $684 | $430 | $26 | $128 | $1,586 | $132 |
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Data rating is based on single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, homeowner, and safe-driver. Table data does not factor in vehicle garaging location which can affect insurance rates substantially.
Insuring your vehicle with the best company can be challenging considering how many different companies sell coverage in Texas. The company rank data shown below can help you choose which car insurance companies you want to consider when buying insurance for a Toyota Corolla.
These ratings only include the largest companies in America, so companies that have a smaller presence are not factored into these rankings. To check rates from these and other competitive companies, follow this link.
| 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 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
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Data Source: Insure.com Best Car Insurance Companies
Price comparison of only insuring for liability
Buying cheaper auto insurance is probably important to most vehicle owners, and a good way to find cheap insurance for a Toyota Corolla is to only pay for liability coverage. The illustration below shows the difference between insurance prices with full physical damage coverage and with liability coverage only. Data assumes no claims or violations, $250 deductibles, single marital status, and no discounts are factored in.
If we average all the age groups together, full coverage costs $2,581 per year over and above liability coverage. Many drivers will wonder if it’s a good idea to buy full coverage. There is no set rule of when to stop paying for physical damage insurance, but there is a general school of thought. If the annual cost of your full coverage insurance is more than about 10% of the settlement you would receive from your company, the it may be a good time to stop paying for full coverage.
How accidents and violations affect rates in Lubbock
The common sense way to score good auto insurance rates for a Corolla is to drive safe and not receive tickets or have accidents. The example below demonstrates how traffic citations and at-fault collisions raise insurance costs for each age group. The information is based on a married male driver, comprehensive and collision coverage, $100 deductibles, and no policy discounts are applied.
In the prior example, the average cost of auto insurance per year with no accidents or violations is $2,375. Add in one speeding ticket and the average cost hikes up to $2,725, an increase of $350 each year. Then throw in one accident along with the one speeding ticket and the yearly cost of auto insurance for a Toyota Corolla jumps again to an average of $3,735. That’s an increase of $1,360, or $113 per month, just for not driving responsibly!
If you have coverage questions and would like to have a professional recommendation when shopping around for cheaper insurance for a Toyota Corolla, the insurance agencies below are a good start to provide answers to your questions and help you determine which car insurance company is the best fit.
To locate a Lubbock car insurance agency close to where you live, click the button link following the list.
Ince Insurance Inc
7005 Salem Park Dr – Lubbock, TX 79424 – (806) 797-4131
Alliance Insurance Agency
3307 82nd St – Lubbock, TX 79423 – (806) 792-0135
Zuniga Insurance Agency
1407 19th St – Lubbock, TX 79401 – (806) 702-4918
Jason Grisham – State Farm® Insurance Agent
1102 Slide Rd, 33 – Lubbock, TX 79416 – (806) 793-3101
View more Lubbock, TX insurance agents
How to find the cheapest insurance for a Toyota Corolla
The list below shows a few thrifty ideas that can help Lubbock drivers get more affordable auto insurance.
- Violations like speeding or DUI increase rates
- Higher comprehensive and collision coverage deductibles will save money
- Maintain a safe distance and avoid accidents
- Earn discounts for being claim-free
- Do not waste money insuring older vehicles for full coverage
- Look for cheaper rates once a year by shopping around
That last idea is very crucial, as we stressed in the article above. Car insurance rates can be changed at any time, so drivers shouldn’t be resistant to switch carriers if a more affordable price is available. Having brand loyalty is commendable, but it isn’t a good idea if that loyalty ends up costing hundreds of dollars year after year. It only take a few minutes to compare prices and find cheaper insurance for a Toyota Corolla in Lubbock.