1991 Toyota Corolla Insurance Quotes

Are you regretting the purchase of an underperforming, overpriced car insurance policy? It’s quite common and you’re not the only one. Lots of auto insurance companies contend for your hard-earned dollar, so it’s not easy to compare every insurer and get the definite lowest rate possible.

If you have a current car insurance policy or need new coverage, you will benefit by learning to shop for the lowest rates while maintaining coverages. Finding affordable coverage is easy if you know what you’re doing. Drivers just need to understand how to buy car insurance over the internet.

Shop insurance online

Getting a cheaper price on 1991 Toyota Corolla insurance is a great way to save money. Just spend a few minutes to get quotes provided by online insurance companies. Rate comparisons can be done in several different ways.

  • One of the best ways to find the lowest comparison rates is a comparison rater form click to view form in new window. This method saves time by eliminating multiple quote forms for every insurance company. A single, simple form compares rates from multiple low-cost companies.
  • Another way to get quotes online requires a visit to each company website to request a price quote. For example, we’ll assume you want comparison quotes from Allstate, 21st Century and GMAC. In order to compare rates, you need to go to each individual site and punch in your information repeatedly, which can take a lot of time. For a list of companies in your area, click here.
  • Even if you have time, the least recommended way to compare price quotes to different agent offices. Comparing rates online eliminates the need for an insurance agent unless you want the professional guidance of a local agent. If you prefer, some companies allow you to compare online quotes but have a local agent actually write the policy.

The approach you take is up to you, just ensure you’re using apples-to-apples quote data for each price quote. If you are comparing different limits and deductibles on each one it’s impossible to get a fair rate comparison.

How do insurers determine Toyota Corolla insurance costs?

Multiple criteria are used in the calculation when you get a price on insurance. Some are pretty understandable such as traffic violations, but others are not quite as obvious such as your marital status or your vehicle rating.

  • Vocation stress can affect prices – Did you know your job can affect your rates? Occupations such as real estate brokers, business owners and emergency personnel usually pay the highest average rates attributed to job stress and incredibly demanding work hours. Conversely, occupations like farmers, students and the unemployed have lower than average premiums on Corolla coverage.
  • Get a ticket, pay higher costs – Careful drivers pay less for auto insurance than their less careful counterparts. Just one speeding ticket or other violation can increase rates by as much as twenty percent. Drivers who have gotten careless tickets such as DUI, reckless driving or excessive speeding may find they need to complete a SR-22 to the state department of motor vehicles in order to prevent a license revocation.
  • Older drivers pay less – Inexperience drivers are known to be inattentive and easily distracted in a vehicle so they pay higher car insurance rates. Parents adding a young driver onto a policy can be quite pricey. Older insureds are shown to be more cautious, are lower risk to insure and get fewer tickets.
  • Alarm systems systems cut premiums – Purchasing a vehicle with a theft deterrent system can help bring down rates. Systems that thwart theives such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack can thwart vehicle theft.
  • Rates impacted by vehicle usage – Driving a lot of miles annually the more it will cost to insure it. Almost all companies calculate prices based on how the vehicle is used. Cars left parked in the garage can get a lower rate compared to those used for work or business. It’s a good idea to make sure your declarations sheet reflects the proper vehicle usage. Having an incorrect usage rating on your Corolla is just wasting money.
  • Do you need those add-on coverages? – There are quite a few extra coverages that may not really be needed when buying car insurance. Coverage for things like roadside assistance, towing, and term life insurance may not be needed and are just wasting money. They may seem like a good idea when deciding what coverages you need, but now you might not need them so consider taking them off your policy.

Lower rates by qualifying for discounts

Some insurers don’t list every discount they offer in a way that’s easy to find, so below is a list a few of the more common as well as the least known credits that may apply to you.

  • Membership in Organizations – Being a member of certain professional organizations may earn a discount on your bill.
  • Air Bags and Passive Restraints – Vehicles equipped with air bags could see savings of more than 20%.
  • Early Payment Discounts – By paying your entire bill at once instead of paying each month you can avoid the installment charge.
  • Seat Belts Save – Drivers who require all occupants to buckle up can save up to 15% off the PIP or medical payment premium.
  • First Accident Forgiveness – Not a discount per se, but some companies like Liberty Mutual, Allstate and State Farm will let one accident slide without raising rates if you are claim-free for a specific time period.
  • Discount for Low Mileage – Driving fewer miles could earn discounted car insurancerates on garaged vehicles.

A little note about advertised discounts, most of the big mark downs will not be given to all coverage premiums. Most only apply to the cost of specific coverages such as physical damage coverage or medical payments. Even though the math looks like all those discounts means the company will pay you, nobody gets a free ride.

Companies and a partial list of their discounts are outlined below.

  • Farm Bureau has discounts for good student, renewal discount, safe driver, driver training, 55 and retired, and multi-vehicle.
  • Liberty Mutual may include discounts for preferred payment discount, new graduate, exclusive group savings, new move discount, and multi-car.
  • State Farm offers premium reductions for safe vehicle, Drive Safe & Save, defensive driving training, driver’s education, accident-free, student away at school, and good student.
  • Auto-Owners Insurance offers discounts for company car, mature driver, teen driver, good student, paperless, and anti-theft.
  • GEICO may offer discounts for five-year accident-free, daytime running lights, military active duty, emergency military deployment, and federal employee.
  • SAFECO includes discounts for anti-theft, accident prevention training, bundle discounts, teen safety rewards, teen safe driver, and homeowner.

When getting a coverage quote, ask every company to apply every possible discount. Savings may not apply everywhere.

Auto insurance is unique, just like you

When it comes to buying coverage for your vehicles, there is no best way to insure your cars. Each situation is unique so your insurance should reflect that These are some specific questions can help discover whether or not you might need professional guidance.

  • Should I carry comprehensive and collision coverage?
  • Will I lose any money if I cancel my policy before it expires?
  • How can I get high-risk coverage after a DUI?
  • Where can I get insurance after a DUI in my state?
  • How much liability coverage do I need in my state?
  • What is covered by UM/UIM coverage?
  • Should I have a commercial auto policy?
  • Can I drive in Mexico and have coverage?
  • What if I owe more than I can insure my car for?

If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can provide invaluable advice.

Specifics of your car insurance policy

Knowing the specifics of your car insurance policy aids in choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and coverage can change by endorsement. These are the normal coverages found on the average car insurance policy.

Coverage for uninsured or underinsured drivers – This coverage gives you protection when other motorists either have no liability insurance or not enough. It can pay for injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family. Normally these coverages are set the same as your liablity limits.

Collision – This coverage covers damage to your Corolla resulting from colliding with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like hitting a parking meter, sideswiping another vehicle, damaging your car on a curb and driving through your garage door. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Another option is to increase the deductible to save money on collision insurance.

Liability car insurance – This coverage protects you from injuries or damage you cause to other’s property or people. This coverage protects you against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 25/50/25 which means $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount with no separate limits for injury or property damage.

Liability can pay for things such as repair costs for stationary objects, medical expenses, funeral expenses and bail bonds. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive car insurance – This coverage covers damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like a broken windshield, fire damage and hitting a deer. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Coverage for medical expenses – Coverage for medical payments and/or PIP kick in for expenses for things like X-ray expenses, dental work, doctor visits, funeral costs and hospital visits. They can be used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP is not available in all states but can be used in place of medical payments coverage

Online plus local equals savings

We just covered many ways to get a better price on 1991 Toyota Corolla insurance. It’s most important to understand that the more quotes you get, the better likelihood of getting cheaper car insurance. You may be surprised to find that the lowest priced car insurance comes from a company that doesn’t do a lot of advertising. Smaller companies may have significantly lower prices on certain market segments than their larger competitors like Progressive and GEICO.

As you go through the steps to switch your coverage, never skimp on coverage in order to save money. There have been many situations where drivers have reduced full coverage only to regret that their decision to reduce coverage ended up costing them more. The goal is to buy a smart amount of coverage at the lowest possible cost while still protecting your assets.

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