Cheapest Toyota Corolla Insurance in Aurora

Insurance rates Toyota Corolla in AuroraThe preferred way to find affordable quotes for Toyota Corolla insurance in Aurora is to do an annual price comparison from companies in Colorado.

The most important part of shopping around is to use similar deductibles and liability limits on every quote request and and to compare every insurance company. This ensures a fair price comparison and the best rate selection.

Remarkably, a study showed that a large majority of consumers have purchased from the same company for a minimum of four years, and approximately 38% of consumers have never taken the time to shop around. Many consumers in America could save approximately $850 a year by just shopping around, but they mistakenly think it’s difficult to do a rate comparison.

If you’re already insured or are shopping for new coverage, follow these tips to save money and still have adequate protection. Buying affordable car insurance in Aurora is really quite simple as long as you have a good starting point. Drivers just need to understand the most effective way to compare rate quotes online.

Rates and other information

The premium information displayed below covers a range of prices for Toyota Corolla models. Knowing how insurance policy rates are figured is important for drivers to make smart buying decisions.


Toyota Corolla Insurance Rates in Aurora, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Corolla LE $290 $726 $456 $28 $136 $1,636 $136
Corolla S $290 $726 $456 $28 $136 $1,636 $136
Corolla XLE $290 $726 $456 $28 $136 $1,636 $136
Corolla XRS $328 $726 $456 $28 $136 $1,674 $140
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Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, multi-vehicle, and claim-free. Price estimates do not factor in vehicle location which can affect auto insurance rates substantially.

Physical damage deductible comparison

One frequently asked question is which deductible level should you buy. The premium rates below may help to illustrate the differences in price between high and low physical damage deductibles. The first set of rates uses a $100 physical damage coverage deductible and the second set of prices uses a $1,000 deductible.


Toyota Corolla insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Corolla LE $302 $644 $352 $20 $106 $1,449 $121
Corolla S $302 $644 $352 $20 $106 $1,449 $121
Corolla XLE $302 $644 $352 $20 $106 $1,449 $121
Corolla XRS $342 $644 $352 $20 $106 $1,489 $124
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Toyota Corolla insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Corolla LE $168 $340 $352 $20 $106 $986 $82
Corolla S $168 $340 $352 $20 $106 $986 $82
Corolla XLE $168 $340 $352 $20 $106 $986 $82
Corolla XRS $190 $340 $352 $20 $106 $1,008 $84
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Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, multi-vehicle, and safe-driver. Premium costs do not factor in specific garaging location which can impact prices considerably.

Based on the figures above, using a $100 deductible will cost in the ballpark of $39 more each month or $468 annually than quoting the higher $1,000 deductible. Because you would pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you have at a minimum 23 months between claim filings, you would probably come out ahead if you choose a higher deductible.

How to calculate if higher deductibles make sense

Average monthly premium for $100 deductibles: $122
Average monthly premium for $1,000 deductibles (subtract): – $83
Monthly savings from raising deductible: $39
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $39
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 23 months

One big caveat is that increasing deductibles to lower your rates results in having to pay to pay more out-of-pocket when you file a claim. It will be required that you have some funds available in the event you have to pay the deductible.

How careless driving impacts Aurora auto insurance rates

The chart below highlights how traffic violations and fender-benders increase Toyota Corolla annual premium costs for each age group. The data assumes a single male driver, full physical damage coverage, $250 deductibles, and no other discounts are factored in.

How Insurance Providers Determine Toyota Corolla Insurance Rates

The best way to find cheaper insurance is to take a look at the different types of things that help determine your insurance rates. If you have a feel for what influences your rates, this helps enable you to make changes that may result in lower insurance prices. Many different elements are considered when you get a price on insurance. Some factors are common sense such as your driving record, but some are less obvious such as your marital status or your financial responsibility.

Listed below are some of the most rate-impacting factors that factor into your rate level.

Quote. Compare. Save.

Low-cost Toyota Corolla insurance in Aurora can be found from both online companies and with local Aurora insurance agents, so you need to quote Aurora auto insurance with both in order to have the best chance of saving money. Some car insurance companies do not provide rate quotes online and many times these regional carriers prefer to sell through independent agents.

When getting Aurora auto insurance quotes online, do not reduce coverage to reduce premium. There have been many cases where someone dropped liability limits or collision coverage and learned later that they should have had better coverage. Your strategy should be to buy the best coverage you can find at the lowest possible cost and still be able to protect your assets.

Much more information about car insurance in Colorado can be found at these links: