2018 Toyota Corolla Car Insurance Quotes – 8 Ways to Save

Searching for cheaper insurance coverage rates for your Toyota Corolla? If you’ve never shopped for car insurance quotes online, by this point your are probably confused thanks to all the different types of companies competing for business.

It’s a great practice to get comparison quotes yearly because insurance coverage rates are usually higher with each renewal. Despite the fact that you may have had the best deal on Corolla coverage at your last renewal the chances are good that you can find a lower price today. Ignore everything you know about insurance coverage because it’s time to teach you the best methods to save on insurance coverage.

The purpose of this post is to tell you the best way to quote coverages and some tips to save money. If you currently have a car insurance policy, you stand a good chance to be able to lower your premiums substantially using these tips. But vehicle owners do need to learn how insurance companies compete online because it can help you find the best coverage.

Save with with these eight discounts

Companies don’t always advertise all possible discounts in a way that’s easy to find, so the next list breaks down a few of the more well known and also the lesser-known ways to save on insurance coverage.

  • Theft Prevention Discount – Cars and trucks optioned with advanced anti-theft systems help deter theft and earn discounts up to 10% off your car insurance quote.
  • Military Rewards – Being deployed with a military unit can result in better rates.
  • Student Driver Training – Require your teen driver to enroll and complete driver’s education if it’s offered in school.
  • Homeowners Discount – Just owning your own home may trigger a policy discount on insurance coverage since owning and maintaining a home is proof of financial responsibility.
  • Early Switch Discount – Select insurance companies give a discount for switching to them early. This can save 10% or more.
  • Club Memberships – Being in certain professional organizations can get you a small discount on your next insurance coverage statement.
  • Federal Government Employee – Simply working for the federal government can save as much as 8% on Corolla coverage but check with your company.
  • Distant College Student Discount – College-age children who attend college more than 100 miles from home and don’t have a car may be able to be covered for less.

We need to note that most of the big mark downs will not be given to the entire policy premium. Some only apply to the cost of specific coverages such as medical payments or collision. So when it seems like you can get free auto insurance, that’s just not realistic.

A list of insurance coverage companies and some of the discounts are shown below.

  • State Farm may include discounts for defensive driving training, safe vehicle, good driver, student away at school, and Steer Clear safe driver discount.
  • Geico discounts include good student, anti-lock brakes, daytime running lights, air bags, five-year accident-free, defensive driver, and multi-policy.
  • Allstate includes discounts for 55 and retired, good student, teenSMART discount, utility vehicle, senior citizen, and auto/life discount.
  • SAFECO offers discounts for teen safe driver, homeowner, multi-car, teen safety rewards, and bundle discounts.
  • Farm Bureau may offer discounts for renewal discount, safe driver, 55 and retired, good student, multi-policy, and youthful driver.
  • Progressive has discounts for multi-vehicle, multi-policy, homeowner, online signing, and online quote discount.
  • AAA offers premium reductions for AAA membership discount, multi-policy, good student, good driver, and anti-theft.

If you need cheap car insurance quotes, ask each insurance company which credits you are entitled to. Discounts may not be offered in every state. If you would like to see a list of providers with discount insurance coverage rates, click here to view.

Compare quotes for auto insurance

There are several ways to compare auto insurance prices but one way is more efficient than others. You can waste a lot of time talking to insurance companies in your area, or you could use online quoting to get rates in a matter of minutes.

Many of the larger companies participate in an industry program that enables customers to submit one quote, and each participating company can give them a price for coverage. This system prevents you from having to do quote forms for each company you want a rate for.

To participate in this free quote system, click here to open in new window.

The only drawback to comparing rates this way is you are unable to specify which providers to receive prices from. So if you want to choose individual companies to compare rates, we have assembled a list of auto insurance companies in your area. Click here for list of insurance companies.

It’s up to you how you get prices quotes, just make darn sure you compare apples-to-apples deductibles and coverage limits for every quote you compare. If you have different coverage information it will be very difficult to find the best deal for your Toyota Corolla. Even a minor difference in limits could throw off the whole comparison. And when comparison shopping, having more price comparisons increases your odds of finding a lower rate than you’re paying now.

Your situation helps dictate your coverage

When it comes to buying the right insurance coverage, there really is no cookie cutter policy. Every situation is different.

For instance, these questions might help in determining if your insurance needs might need professional guidance.

  • When should I not file a claim?
  • When can I cancel my policy?
  • When do I need to add a new car to my policy?
  • Do I need special endorsements for business use of my vehicle?
  • Can I afford to pay high deductible claims out of pocket?
  • Should I buy additional glass protection?
  • Am I covered if I crash into my own garage door?
  • Where can I get insurance after a DUI in my state?
  • Am I covered if I break a side mirror?
  • How many claims can I have before being cancelled?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form.

Is there truth in advertising?

Popular car insurance providers such as Progressive, Geico, Allstate and State Farm continually stream ads on television and other media. All the companies say the same thing that people will save if you just switch your policy. It sounds good, but how can they all sell you cheaper insurance coverage? This is the trick they use.

Insurance companies look for specific characteristics for the type of driver that will be a good risk. One example of this type of driver should be a married male, has a low-risk occupation, and has great credit. Anyone that meets those criteria receive the lowest rate quotes and most likely will save money with a new company.

People who are not a match for those standards will be quoted a higher rate and ends up with the driver buying from a lower-cost company. The trick companies use is to say “people that switch” not “everyone who quotes” can save as much as they claim. That’s why companies can truthfully make claims like that.

Each company has different criteria, so it’s extremely important to get as many free car insurance quotes as possible. It’s impossible to know which company will have the lowest rate quotes.

Educate yourself about auto insurance coverages

Learning about specific coverages of auto insurance helps when choosing which coverages you need and proper limits and deductibles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording.

Liability – Liability insurance provides protection from damages or injuries you inflict on a person or their property in an accident. This insurance protects YOU from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 100/300/100 which means a $100,000 limit per person for injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Occasionally you may see one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability insurance covers things such as funeral expenses, bail bonds and loss of income. How much coverage you buy is a personal decision, but buy as much as you can afford.

Coverage for medical expenses – Medical payments and Personal Injury Protection insurance pay for immediate expenses for dental work, nursing services and X-ray expenses. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP is not universally available and may carry a deductible

Comprehensive auto insurance – Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as hitting a deer, damage from a tornado or hurricane and hitting a bird. The most you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Collision coverage – Collision coverage covers damage to your Corolla caused by collision with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like damaging your car on a curb, scraping a guard rail, backing into a parked car and rolling your car. This coverage can be expensive, so consider dropping it from vehicles that are older. Another option is to raise the deductible in order to get cheaper collision rates.

Coverage for uninsured or underinsured drivers – This coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Most of the time these coverages are set the same as your liablity limits.

Affordable insurance is out there

Drivers switch companies for a number of reasons such as extreme rates for teen drivers, lack of trust in their agent, high rates after DUI convictions and delays in responding to claim requests. Whatever your reason, finding a new insurance coverage company can be easy and end up saving you some money.

We covered quite a bit of information on how to save on 2018 Toyota Corolla insurance. It’s most important to understand that the more rate quotes you have, the better your comparison will be. You may even find the lowest car insurance rates come from a small mutual company.

More affordable insurance coverage can be found both online and with local insurance agents, so you need to quote car insurance with both to have the best chance of lowering rates. Some insurance companies may not offer rates over the internet and usually these smaller companies provide coverage only through independent agents.

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