Who Has the Cheapest Insurance Quotes for a Toyota Corolla in Ohio?

Your ability to find cheaper coverage for a Toyota Corolla in Ohio hinges on a lot of factors like the number of years you have been licensed, your address, and if you have a history of accidents. Drivers in Ohio pay an average rate of $690 every 12 months to insure a Toyota Corolla, but that rate is a projection using cost data for a 40-year-old single female driver who purchased comprehensive and collision coverage and $500 deductibles.

There is a very good chance that you may not be 40 years old (or even female), you might be married instead of single, or maybe your Corolla is a different trim level than the example. What seems to be a minor change in price quote data can cause significant differences in rate quotes.

This shows why your best chance at finding cheap auto insurance rates for your Toyota is to compare rates from as many companies as possible.

Insure Your Toyota for Less

Vehicle trim level tends to have a direct impact on the cost of coverage, so the price to insure a Corolla LE trim level will be $18 lower than the insurance cost for the higher-end Corolla XRS version, as demonstrated by the prices below.

Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, homeowner, and multi-vehicle. Premium costs do not factor in specific garaging location which can impact coverage prices considerably.

Comparing quotes for low-cost insurance is not most people’s favorite thing to do, and determining which companies have the most affordable car insurance rates for a Toyota Corolla will take a bit more work.

Each insurer uses slightly different criteria for determining prices, so let’s take a look at the car insurance companies with the overall cheapest rates in Ohio. It’s important to know that Ohio car insurance rates are based on many factors which can significantly increase or decrease the cost of having a policy. Price variation is why it is crucial to perform an extensive rate comparison when trying to get the lowest auto insurance rates for a Toyota Corolla. Insurance rates are made up of many risk factors and can increase or decrease at any time, so the cheapest rate two years ago may now be one of the higher cost companies.

Find the Cheapest Auto Insurance for Your Corolla

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google.charts.setOnLoadCallback(drawOHT5qcibChart);function drawOHT5qcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }], [‘Utica National’, 635, ‘#33CFCA’], [‘Erie’, 681, ‘#2AACA8’], [‘Frankenmuth’, 687, ‘#238F8C’], [‘Allied’, 690, ‘#1D7774’], [‘Travelers’, 705, ‘#186360’]]);var options = {title: ‘Top Five Cheapest Car Insurance Companies in Ohio’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 300,’chartArea’: {left:0,top:50,’width’: ‘100%’, ‘height’: ‘70%’},bar: {groupWidth: “90%”},legend: {position: ‘none’},vAxis: {viewWindowMode:’explicit’,viewWindow:{max:805,min:0}}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});var view = new google.visualization.DataView(data);view.setColumns([0, 1,{ calc: “stringify”,sourceColumn: 1,type: “string”,role: “annotation” },2]);formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.ColumnChart(document.getElementById(‘qcibt5cic’));chart.draw(view, options);}

Utica National may offer some of the cheapest car insurance rates in Ohio at around $635 a year. Erie, Frankenmuth, Allied, and Travelers also qualify as some of the cheaper Ohio insurance companies.

As the rates illustrate above, if you currently buy coverage from Allied and switched to Utica National, you may see savings of roughly $55. Ohio drivers with Travelers might save as much as $70 a year, and USAA customers might reduce prices by as much as $84 a year.

Remember that these premium estimates are averages across all insureds and vehicles and are not factoring in a specific rate value for a Toyota Corolla. So the auto insurance company that can offer you the best rate may not even be shown in the rate chart shown above. That underscores the importance of why you need to compare rates from as many companies as possible using your own specific driver and vehicle information.

Illustration showing the impact of accidents and violations

The recommended way to get the most affordable car insurance rates in Ohio for a Corolla is to be a good driver and avoid accidents and keep your driving record clean. The information below illustrates how traffic citations and at-fault fender-benders increase insurance costs for different ages of insureds. The rate quotes are based on a married male driver, comprehensive and collision coverage, $100 deductibles, and no additional discounts are factored in.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘Two Speeding Tickets and No Accidents’, ‘Two Speeding Tickets and One Accident’],[‘Age 20’, 2479,3025,3587],[‘Age 30’, 1297,1847,2403],[‘Age 40’, 1239,1785,2347],[‘Age 50’, 1135,1683,2245],[‘Age 60’, 1117,1665,2227],[‘Age 70’, 1279,1827,2389]]);var options = {title: ‘Impact of Violations and Accidents on Ohio Toyota Corolla Insurance’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Insurance Cost for a Toyota Corolla in Ohio’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

In the previous example, the average cost of an auto insurance policy per year with no violations or accidents is $1,424. Receive two speeding tickets and the average cost rises to $1,972, an increase of $548 each year. Now get one accident along with the two speeding tickets and the 12-month cost of car insurance for a Toyota Corolla jumps again to an average of $2,533. That’s an increase of $1,109, or $92 per month, just for not paying attention while driving!

How to find the cheapest insurance for a Toyota Corolla in Ohio

It is possible to find better rates, and here are some thrifty ideas that can help drivers get more affordable coverage.

• Good credit can help you save money
• Maintain a safe distance and avoid accidents
• Be a cautious driver
• Vehicles with good safety ratings are usually cheaper to insure
• Higher deductibles save money
• Do not waste money insuring older vehicles for full coverage
• Keep rates low by shopping around frequently

The final tip is notably important, as we discussed in the prior information. Car insurance prices can change significantly in a year, so drivers shouldn’t hesitate to change insurance companies if you can find a cheaper rate. Brand loyalty is not necessarily bad, but we do not recommend it if that devotedness results in you overpaying money that could be going to better use. In just a couple of minutes you could shop around and find cheaper auto insurance for a Toyota Corolla.