Insurance for Toyota CorollaWant to learn the secrets to finding more competitive Toyota Corolla insurance in Dallas? Trying to come up with a payment for overpriced auto insurance can overdraw your accounts and possibly require postponing other expenditures. Comparing price quotes is free and is an excellent way to slash your bill and have more diposable income.

Regrettably, most drivers have stayed with the same insurance company for over three years, and nearly half have never even shopped around for affordable coverage. Many drivers in Texas could pocket $1,770 a year by just shopping around, but they don't invest the time required to do a rate comparison. Big-name insurance companies like Progressive, State Farm and GEICO all claim big savings, bombarding you with catchy ads and it is difficult to ignore the propaganda and find the best price available.

It's a good habit to shop coverage around quite often due to the fact that insurance prices tend to go up over time. Even if you think you had the best price on Toyota Corolla insurance in Dallas a couple years back you will most likely find a better rate quote today. Ignore everything you know about auto insurance because you're about to find out the proper way to buy cheaper Toyota Corolla insurance in Dallas.

If you are already insured or just want to save money, you can follow these tips to get lower rates without sacrificing coverage. Locating the most cost-effective insurance policy in Dallas is quite easy if you know the best way to do it. Drivers just need to learn the most efficient way to shop their coverage around online.

Best companies for affordable Toyota Corolla insurance in Texas

The car insurance companies shown below are our best choices to provide quotes in Texas. If you want to find the cheapest car insurance in Texas, we suggest you visit two to three different companies in order to get a fair rate comparison.

Toyota Corolla Insurance Rates in Dallas, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Corolla LE $230 $532 $496 $30 $148 $1,436 $120
Corolla S $254 $572 $430 $26 $128 $1,410 $118
Corolla XLE $230 $496 $366 $22 $110 $1,224 $102
Corolla XRS $246 $434 $392 $24 $118 $1,214 $101
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Prices based on married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, homeowner, and multi-policy. Rate quotes do not factor in specific Dallas garaging location which can affect rates greatly.

Physical damage deductible comparison

One frequently asked question is how high or low should comp and collision deductibles be. The comparison tables below can help show the differences in price between high and low comp and collision deductibles. The first rate comparisons uses a $100 deductible and the second rate table uses a $1,000 deductible.

Toyota Corolla insurance with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Corolla LE $328 $698 $382 $22 $114 $1,569 $131
Corolla S $328 $698 $382 $22 $114 $1,569 $131
Corolla XLE $328 $698 $382 $22 $114 $1,569 $131
Corolla XRS $370 $698 $382 $22 $114 $1,611 $134
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Toyota Corolla insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Corolla LE $182 $368 $382 $22 $114 $1,068 $89
Corolla S $182 $368 $382 $22 $114 $1,068 $89
Corolla XLE $182 $368 $382 $22 $114 $1,068 $89
Corolla XRS $206 $368 $382 $22 $114 $1,092 $91
Get Your Own Custom Quote Go

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Premium amounts do not factor in vehicle garaging location which can decrease or increase coverage prices noticeably.

Based on the data above, we can derive that using a $100 deductible costs approximately $42 more each month or $504 a year than opting for the higher $1,000 deductible. Due to the fact that you would have to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you normally average at a minimum 21 months between claims, you would save more money by selecting a higher deductible.

Cost comparison with and without full coverage

The information below examines Toyota Corolla annual premium costs with and without full coverage. The data is based on no violations or accidents, $250 deductibles, married male driver, and no discounts are taken into consideration.

When to stop buying full coverage

There isn't a steadfast formula of when to eliminate physical damage insurance, but there is a broad guideline. If the yearly cost of full coverage is more than 10% of the settlement you would receive from your company, then you may want to consider only buying liability coverage.

For example, let's assume your Toyota Corolla replacement value is $7,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $6,000 after paying your policy deductible. If premiums are more than $600 annually for comprehensive and collision coverage, then you might want to think about dropping full coverage.

There are a few cases where only buying liability is not advised. If you haven't paid off your loan, you must maintain physical damage coverage to satisfy the loan requirements. Also, if you can't afford to buy a different vehicle in the event your current vehicle is totaled, you should not buy liability only.

Get cheaper Toyota Corolla insurance in Dallas with discounts

Insuring your vehicles can cost a lot, but there could be available discounts that many people don't even know exist. Certain discounts will be applied at quote time, but less common discounts must be requested specifically prior to getting the savings.Discount car insurance

Keep in mind that most discount credits are not given to the entire policy premium. Some only apply to the price of certain insurance coverages like liability and collision coverage. So even though it sounds like you would end up receiving a 100% discount, it doesn't quite work that way.

If you would like to view insurance companies offering car insurance discounts in Texas, click here.

Toyota Corolla Insurance Prices Can Be Cheaper

A large part of saving on auto insurance is knowing some of the things that are used to determine auto insurance rates. If you understand what impacts premium levels, this helps enable you to make changes that may result in much lower annual insurance costs. Many different elements are considered when you get your auto insurance bill. A few of the factors are predictable like an MVR report, but others are less apparent like where you live or how safe your car is.

Special considerations

When selecting your policy for your personal vehicles, there really isn't a cookie cutter policy. Coverage needs to be tailored to your specific needs.Higher deductibles save money

For example, these questions might point out whether your personal situation may require specific advice.

If you don't know the answers to these questions then you might want to talk to a licensed insurance agent. If you don't have a local agent, simply complete this short form. It is quick, free and you can get the answers you need.

When should I contact an agent?

A lot of people still like to go talk to an agent and that is OK! Agents can help you build your policy and help you file claims. An additional benefit of getting free rate quotes online is you may find lower premium rates and still have an agent to talk to. Buying insurance from small agencies is important particularly in Dallas.

Find insurance agent in DallasAfter filling out this short form, your information gets sent to insurance agents in Dallas that can provide free Dallas car insurance quotes for your business. You don't have to leave your computer due to the fact that quote results will go to you directly. If you want to compare rates from a particular provider, don't hesitate to find their quoting web page and complete a quote there.

If you want to use a reliable insurance agent, it's helpful to know the different agency structures and how they differ in how they quote coverages. Agents can either be independent agents or exclusive agents depending on their employer. Either one can insure your vehicles properly, but it is important to understand the difference in the companies they write for because it can influence which type of agent you select.

Independent Agencies or Brokers

Agents that choose to be independent do not write with just one company so they can quote policies with any number of different companies and find the cheapest rate. If your premiums go up, they simply move the coverage in-house and you stay with the same agent.

When searching for an agent, you definitely need to get insurance quotes from at a minimum one independent agency for maximum quote selection.

The following are Dallas independent agents that may be able to provide free insurance rate quotes.

11722 Marsh Ln # 345 - Dallas, TX 75229 - (214) 352-5656 - View Map

2501 Abrams Rd - Dallas, TX 75214 - (214) 823-3003 - View Map

14180 Dallas Pkwy #900 - Dallas, TX 75254 - (972) 267-8000 - View Map

View more Dallas agents

Exclusive Agents

These type of agents can only provide pricing for a single company such as Allstate, State Farm and Farm Bureau. They usually cannot provide prices from multiple companies so they have to upsell other benefits. Exclusive agents receive extensive training on sales techniques which can be an advantage.

Listed below are Dallas exclusive agencies willing to provide rate quotes.

1214 W Davis St - Dallas, TX 75208 - (214) 948-6000 - View Map

4230 Lyndon B Johnson Fwy #105 - Dallas, TX 75244 - (972) 488-3822 - View Map

9400 N Central Expy #120 - Dallas, TX 75231 - (214) 320-3000 - View Map

View more Dallas agents

Finding the right insurance agency needs to be determined by more than just a cheap quote. Agents should be asked these questions:

Compare insurance prices regularly to save

Drivers change insurance companies for many reasons like being labeled a high risk driver, denial of a claim, unfair underwriting practices or even questionable increases in premium. Regardless of your reason, finding a great new company can be easier than you think.

Some insurance companies may not offer the ability to get quotes online and many times these small, regional companies provide coverage only through independent agents. The cheapest Toyota Corolla insurance in Dallas can be sourced from both online companies and from local agencies, and you should compare price quotes from both so you have a total pricing picture.

As you quote Dallas car insurance, make sure you don't reduce coverage to reduce premium. In too many instances, someone dropped collision coverage only to find out that it was a big mistake. Your focus should be to buy a smart amount of coverage at the best price and still be able to protect your assets.

Additional information can be read on the following sites: