It is a good idea to shop around for the best deal when purchasing vehicle insurance for a Toyota Corolla. This will enable you to compare Toyota Corolla insurance costs and locate the best offer. The model year of the car will affect the rates that auto insurance companies charge. The cost of the coverage will also depend on the driver’s unique circumstances.
The average yearly cost of insurance for a Toyota Corolla is $1,273, which is marginally less than the $1,427 average cost for insurance for a typical car type.
Depending on the insurance company, the cost to insure a Toyota Corolla might vary by as much as $720 annually.
Depending on how old the car is, the cost of insurance for a Toyota Corolla can vary by up to $340 annually, with earlier models typically costing less.
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Toyota Corolla Insurance Cost
Your Toyota Corolla 2020 insurance cost for a full coverage policy should be roughly $1,374 per year if you’re between the ages of 30 and 40, have a spotless driving record, good credit, and live in a typical city.
Your 2020 Toyota Corolla insurance premiums come to $115 per month when calculated in terms of expenditures. For a full coverage policy that includes additional collision, comprehensive, and personal injury protection coverage, that is rather inexpensive.
Why do Corollas cost so much?
Toyota has been severely impacted by a global chip scarcity, which is why its vehicles so pricey. As a result, the industry’s lowest days’ supply of vehicles and an unprecedented inventory shortfall are faced by dealers.
How much does a Toyota Corolla’s upkeep cost?
The annual cost of car maintenance for a Toyota Corolla is $362. The table that follows provides a detailed ranking of each car in this overall scheme for comparison’s sake. The Toyota Corolla is significantly less expensive to maintain when compared to the average vehicle, which has an annual cost of $651 and averages $362.
Toyotas cost more to fix, do you think?
The statistics support Toyota’s reputation for building strong, long-lasting automobiles. Toyotas are rated as having above-average levels of reliability and low ownership expenses. Compared to $652 for the typical car, the average Toyota only needs $441 in repairs every year.
Having said that, it is unrealistic to anticipate paying virtually nothing in maintenance fees after bringing a new Toyota home from the dealer. Every vehicle need maintenance, and in order to keep your Toyota running like new, you’ll need to bring it in for repairs on a regular basis. However, you should be aware that each Toyota has different maintenance requirements.
Which Toyota is the least expensive to insure?
Depending on the specific model of your car, insurance rates for a Toyota can vary greatly. The Toyota 86 has the highest insurance rates, costing $1,629 on average a year. With an average annual premium of $1,126, the Toyota Sienna is the least expensive Toyota vehicle to insure.
To assist drivers in locating the most cost-effective auto insurance companies for their autos, MoneyGeek examined insurance rates for all significant Toyota models.
Which is less expensive to insure, Honda or Toyota?
The cost of insurance is another another difference between Toyotas and Hondas. Our findings show that Toyotas have slightly lower insurance rates than Hondas. For a Toyota, the average annual premium is $2,616, and for a Honda, it is $2,800. Although there isn’t much of a price difference, if you’re attempting to save money, every dollar counts.
It’s crucial to remember that other factors, including as your driving record, how many miles you drive, and the number of claims you’ve filed in the past, can affect how much your insurance premium will cost. Toyota is therefore often less expensive to insure, but your particular situation will also affect your cost.
Toyota or Honda, whose cost is lower?
Since Honda offers fewer models than Toyota, comparing prices side by side is not always fair. We have provided the base prices* for the Toyota and Honda models in the same classes to assist you understand the pricing. Toyota’s price range starts at $17,750 and goes up to nearly $85,000, while the Honda lineup is available from $16,000 to $37,000.
For these Toyota vehicles, Honda doesn’t have any direct rivals:
- $6,275 Toyota Avalon
- $85,665 Toyota Land Cruiser
- Tundra, Toyota $34,125
- $21,500 Toyota Prius C
- $50,000 Toyota Sequoia
* Price disclaimer: All quoted prices are suggested retail prices taken from the websites of the manufacturers and are accurate as of the publication date.
Is RAV4 insurance affordable?
How Much More Expensive Is Toyota RAV4 Insurance Than Other Cars? No of the model year, a Toyota RAV4’s insurance costs are low in comparison to those of most other makes and models. The average annual cost of insurance for a Toyota RAV4 is $1,181, which is $247 less than the national average.
How much does a 2022 Camry’s insurance cost?
The 2020 Camry was a 2020 IIHS Top Pick, just as Honda’s rival model, the Accord. The reliability, dependability, overall value for the money, safety features, and customer happiness were among the criteria used to determine this ranking. When it comes to auto insurance, the best cars are frequently not the most affordable.
However, the pricing of the 2020 Toyota Camry is fairly comparable to that of the Accord and even the more compact Toyota Corolla. A 2020 Camry’s annual insurance costs typically run just over $1,400. This figure implies you are between the ages of 30 and 40 and have a spotless driving record. Aside from that, remember that your rates may change according on your zip code, credit score, and other aspects.
What Does Insurance For A 2022 Camry Cost? For a 2022 Camry, insurance costs $1,532 annually, or $127.67 each month. This figure implies you are between the ages of 30 and 40 and have a spotless driving record. Aside from that, remember that your rates may change according on your zip code, credit score, and other aspects.
Is buying a Toyota Corolla worthwhile?
The Toyota Corolla: Is it a Reliable Car? Yes, the Toyota Corolla is a top-notch small car for 2022. The Corolla impresses with its comfortable front seats, cushioned ride, and excellent gas consumption (upwards of 32/41 mpg city/highway). It is offered in hatchback and sedan body types.
Which Corolla model year is best?
Every used Toyota Corolla produced between 2014 and 2019 comes highly recommended by Consumer Reports. With the exception of the 2019 Toyota Corolla models, which nonetheless achieved a high score of 4/5, all obtained reliability ratings of 5/5. The overall owner satisfaction score was 3/5.
The Corolla underwent yet another redesign in 2014, which was a significant year for the vehicle. Additionally, it achieved 32 mpg overall with the aid of the continuously variable transmission (CVT).
There are simple controls inside, and some models come with a touchscreen infotainment system. The LE and higher models come standard with automatic temperature control. Automatic emergency braking and forward collision warning were included as standard safety features in 2017 vehicles.
Toyota Corolla: How long will it last?
Drivers who adhere to the suggested maintenance schedule may expect their new Toyota Corolla to last up to 10 years or 300,000 miles or more, whether they own it outright or are leasing one.
How trustworthy is the Toyota Corolla?
Reliability has historically been one of the strongest reasons to purchase a Toyota, and respondents to our 2021 Driver Power satisfaction poll seems to concur. In the Best brands survey, the Japanese automaker placed fifth overall out of 29 automakers, and the Corolla came in at number 32 out of 75 vehicles.
2019’s Euro NCAP rating for the Toyota Corolla was five stars, with high marks for adult and child occupant safety (95 and 84%, respectively). With an 86% grade, pedestrian safety performed well as well. Automatic headlights, adaptive cruise control, a reversing camera, lane departure warning, Toyota’s lane tracing system, as well as a driver attention alert system, are all included as standard on the remarkable list of on-board safety features.
On a full tank, how far can a Toyota Corolla travel?
How far can a tank of gas in a Corolla go you? Over 435 miles may be driven on a single tank of gas in a Toyota Corolla.
When should a Toyota Corolla get its maintenance done?
Toyota typically advises owners to make a service visit every 5000 miles or every six months, whichever comes first.
What is the most affordable vehicle to own and maintain?
According to numerous experts, the dependable Toyota Corolla has the lowest yearly maintenance expenditures of any vehicle on the road. The annual maintenance expenditures for a Corolla are approximately $350, though they will increase over time. Using Edmunds’ True Cost to Own calculator, maintenance costs are estimated to be as low as $40 in the first year and as much as $1,354 by the fifth.