Cheapest Insurance Quotes for a Toyota Corolla in Louisiana

The chances of buying cheaper coverage for a Toyota Corolla in Louisiana is dependent upon an enormous amount of rating factors like how old the Corolla is, if you have maintained coverage continuously, and any prior driving offenses. Drivers on average pay around $1,370 per year for Corolla insurance, but that amount is that rates a 30-year-old married male driver that includes both comprehensive and collision coverage and $250 policy deductibles.

But there is a good chance that you may not be 30 years old (or even male), single instead of married, or maybe you had a chargeable driving offense. Making even small differences in price quote data can result in a big discrepancy in policy price.

This illustrates why the most reliable method for finding affordable rates for your Toyota is to comparison shop your policy at each renewal.

Insure Your Toyota for Less

The specific trim level can impact the yearly cost, so the cost to insure a Corolla LE model will be $48 less than the insurance cost for the more expensive Corolla XRS version, as shown by the rates below.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Louisiana minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Premium amounts do not factor in your specific Louisiana location which can decrease or increase price quotes significantly.

Deciding which insurers offer the lowest-priced insurance rates for a Toyota Corolla will require a little more effort than just picking a company at random. Every insurance provider uses their own method to set premium rates, so let’s take a look at the insurance companies with the overall cheapest rates in Louisiana.

Find the Best Cheap Insurance for Your Corolla

Click to Compare Rates Now

USAA normally has some of the most affordable car insurance rates in Louisiana at around $1,594 each year. MetLife, GEICO, Progressive, and Safeway also rank well as some of the most economical Louisiana car insurance companies.

In the rate table above, if you have coverage with MetLife and switched to USAA, you may realize a yearly savings of approxmiately $242. Louisiana drivers with GEICO might save as much as $293 a year, and Progressive insureds might realize rate reductions of up to $352 a year.

To get a quick, customized rate comparison, click here to start your custom quote or click several companies below for low rates.

Be aware that those policy prices are averaged for all insureds and vehicles and are not factoring in a specific rate value for a Toyota Corolla. So the company that fits your needs best may not even be featured in the chart above. That point stresses why you need to quote rates from many companies using your own specific driver and vehicle information.

Violations and accidents raise rates

The easiest way to snag the cheapest insurance for a Toyota Corolla in Louisiana is to be a safe driver and avoid accidents and traffic citations. The illustration below illustrates how speeding tickets and at-fault claims can drive up insurance rates for each different age category. The information is based on a single male driver, full coverage, $500 deductibles, and no other discounts are factored in.

In the previous chart, the average cost of a car insurance policy in Louisiana per year with no accidents and a clean driving record is $2,744. Add in one speeding ticket and the average cost hikes up to $3,095, an increase of $350 each year. Then add one accident along with the one speeding ticket and the annual cost of insurance for a Toyota Corolla increases to an average of $4,085. That’s an increase of $1,341, or $112 per month, just for not driving safely!

Is Progressive, State Farm, Geico, or Allstate cheaper?

If you’re looking for the cheapest car insurance, four of the best places to start are Progressive, State Farm, Geico, and Allstate. If you put them all together, they insure almost 50% of all policies written. The table below points out ratings and policy coverage options that policyholders can buy.