Finding cheap insurance for a Toyota Corolla in Florida depends on a lot of rating factors such as how you use your Corolla, if you have a tendency to file claims, and your policy deductibles. Florida drivers pay approximately $1,126 each year to insure their Corolla, but that cost is an estimate calculated using a 50-year-old single male driver with full coverage and $500 deductibles.
There’s a high likelihood you’re not a 50-year-old male, maybe you are married instead of single, or maybe your Corolla is old enough that it doesn’t require full coverage. Even a minor difference in rating criteria may result in significant differences in the policy cost.
This example demonstrates why the best way to find the cheapest coverage for your Toyota is to do a thorough rate comparison. Quotes are free and easy and you can get prices from the best companies that sell coverage in Florida.
The trim level of your Toyota will most likely have an effect on the coverage cost, so the price you pay to insure a Corolla LE trim level will be $28 less expensive the cost to insure the more expensive Corolla XRS model, as demonstrated by the prices below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Corolla LE | $226 | $532 | $472 | $28 | $142 | $1,400 | $117 |
| Corolla S | $226 | $532 | $472 | $28 | $142 | $1,400 | $117 |
| Corolla XLE | $226 | $532 | $472 | $28 | $142 | $1,400 | $117 |
| Corolla XRS | $254 | $532 | $472 | $28 | $142 | $1,428 | $119 |
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Cost estimates assume single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, claim-free, and multi-vehicle. Prices do not factor in Jacksonville location which can increase or decrease prices significantly.
Trying to find cost effective car insurance is not easy, and finding out which company quotes the cheapest auto insurance rates for a Toyota Corolla may require even more shopping around.
Each insurer uses their own method for setting prices, so let’s rank the auto insurance companies with the overall best prices in Jacksonville. It’s important to know that Jacksonville, FL auto insurance rates are influenced by many factors which can substantially change the cost of having a policy. Simply having a birthday, buying another vehicle, or getting a speeding ticket can cause premium changes that can make some companies more affordable than the competition.
Find the Cheapest Auto Insurance for Your Corolla
USAA has some of the most affordable car insurance rates in Jacksonville at around $977 annually. This is $1,471 less than the average price paid by Florida drivers of $2,448. Electric, Amica, Progressive, and Travelers also are some of the cheapest Jacksonville, FL car insurance companies.
In the above rates, if you currently have a policy with Progressive and switched to USAA, you could realize an annual premium reduction of approximately $798. Insureds with Travelers could save as much as $949 a year, and Mercury policyholders might cut rates by $996 a year.
To get a fast rate comparison, click here to get quotes or quote rates from the companies below.
Bear in mind that those estimates are averaged across all types of drivers and the different vehicles they drive and do not take into consideration a vehicle location for a Toyota Corolla. So the car insurance company that can offer you the lowest price may not even be in the list above. That points out the importance of why you need to compare as many prices as possible using your own personal information and vehicle type.
Get discount Jacksonville auto insurance
Insurers that sell policies for a Toyota Corolla may additionally offer discounts that could reduce prices by as much as 35% if you meet eligibility requirements. A few of the larger companies and their offered discounts are detailed below.
- Progressive policyholders can earn discounts including multi-vehicle, online quote discount, multi-policy, good student, homeowner, online signing, and continuous coverage.
- AAA includes discounts for AAA membership discount, multi-policy, anti-theft, good driver, and good student.
- Farmers Insurance may have discounts that include good student, early shopping, multi-car, business and professional, teen driver, and electronic funds transfer.
- GEICO may include discounts for good student, anti-theft, emergency military deployment, membership and employees, and multi-vehicle.
- Esurance discounts include defensive driver, online shopper, multi-policy, emergency road assistance, and safety device.
- SAFECO offers discounts for homeowner, anti-lock brakes, anti-theft, safe driver, and multi-car.
- State Farm offers premium reductions for driver’s education, passive restraint, safe vehicle, accident-free, multiple autos, and multiple policy.
The diagram below compares annual premium costs with and without some available policy discounts. The data is based on a female driver, no claims or violations, Florida state minimum liability limits, full physical damage coverage, and $1,000 deductibles.
The first bar for each age group shows the price with no discounts. The second shows the rates with defensive driving course, claim-free, vehicle safety, safe-driver, anti-theft, and passive restraint discounts applied. When discounts are factored in, the average amount saved each year on auto insurance for a Toyota Corolla is 28% or $588.
Why are you paying too much for Corolla insurance?
Jacksonville auto insurance rates are impacted by many things which can substantially decrease or increase your annual premium. Simply improving your credit, buying another vehicle, or getting a DUI may prompt premium changes that can now make some companies more affordable than before. And not only may your rating factors change, but insurers modify pricing multiple times each year to adjust for unexpected claims or profits. Heavy losses may result in more expensive premiums, while lower claim levels can cause lower-priced Corolla insurance rates.
For example, the data below shows the company with the cheapest car insurance in Jacksonville, FL for a 30-year-old male driver with a clear driving record, no claims, and a high credit rating. If we compare prices based on his personal risk profile, USAA offers the most affordable car insurance rates in Jacksonville at $1,117 annually. This is $1,331 less than the average price paid by Florida drivers of $2,448. Amica, Electric, Progressive, and Mercury are also on the list of the cheapest Jacksonville, FL auto insurance companies.
Now we will pretend the driver from the first set of rates some claims, poor credit, and a stop sign violation. Since each auto insurance company uses a different method for determining rates in each state, comparing rates may now show a completely different list of the cheapest Jacksonville car insurance companies as shown below.
USAA now has the best price on car insurance in Jacksonville with Allied, Esurance, State Farm, and Auto-Owners now being in the top five. This demonstrates why it is so important to shop around to find the most budget-friendly car insurance rates for a Toyota Corolla. Insurance rates are made up of many things and change frequently, so the best company the last time you shopped your coverage around may now be an over-priced policy.
How to find more affordable auto insurance for a Toyota Corolla
Lowering your rates is not difficult, and here are some of the recommended thrifty solutions that can help drivers get low-cost car insurance.
- Buying your home and auto policies from the same company can earn a discount
- Save money by obeying traffic laws and keeping a clean driving record
- Don’t waste money on full coverage for older vehicles
- Accident-free drivers may qualify for discounts
- Drive a car with a high safety rating
- Try paying for small claims out-of-pocket
- Check for cheaper rates once a year
The last tip in the list is extraordinarily critical, as was emphasized in this piece. Prices charged by companies change frequently, so drivers shouldn’t be resistant to buy a policy from a new company if a cheaper rate is available. Brand loyalty is not necessarily bad, but is isn’t recommended if that loyalty results in overpaying a lot of money every month. If you have a few minutes, shop around and find cheaper insurance for a Toyota Corolla in Jacksonville.
If you aren’t sure which coverage you need and prefer to have a professional recommendation when buying car insurance for a Corolla, the agencies below can probably help you make a decision which coverage fits your budget.
To find a Jacksonville insurance agency in your neighborhood, click the link at the bottom or click here to compare price quotes now.
- Bill Doyle – State Farm Insurance Agent
11555 Central Pkwy #904 – Jacksonville, FL 32224 – (904) 642-4000 - Allstate Insurance: James R. Stamper
3450 Dunn Ave Ste 104 – Jacksonville, FL 32218 – (904) 765-2919 - Mike Bell Insurance Agency
1819 3rd St N – Jacksonville Beach, FL 32250 – (904) 372-2355 - Cam Anderson – State Farm Insurance Agent
4555 San Juan Ave – Jacksonville, FL 32210 – (904) 381-1206 - Luten Insurance Agency
3811 Blanding Blvd – Jacksonville, FL 32210 – (904) 771-6400