Affordable Insurance for a Toyota Corolla in Chandler

Everyone knows that auto insurance companies don’t want policyholders to compare prices from other companies. Consumers who shop for lower rates are very likely to switch companies because they stand a good chance of finding coverage at a cheaper rate. A study discovered that people who regularly shopped around saved about $850 each year compared to drivers who never compared other company’s rates.

If finding the best price on insurance is why you’re here, then having some knowledge of how to find and compare insurance coverage can save time and make the process easier.

Insurance rates Toyota Corolla in ChandlerThe most effective way to save on Toyota Corolla insurance is to annually compare prices from insurance carriers who sell auto insurance in Chandler. You can compare prices by completing these steps.

  1. Take a few minutes and learn about the different coverages in a policy and the things you can change to keep rates in check. Many policy risk factors that result in higher prices such as at-fault accidents and an imperfect credit rating can be controlled by making minor changes to your lifestyle. Later in this article we will cover additional ideas to help prevent high rates and get additional discounts.
  2. Get rate quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only quote rates from a single company like Progressive or State Farm, while agents who are independent can give you price quotes for a wide range of insurance providers.
  3. Compare the new quotes to your existing rates and determine if cheaper Corolla coverage is available. If you can save some money and switch companies, make sure coverage does not lapse between policies.

The most important part of shopping around is to try to use similar deductibles and liability limits on each price quote and and to get prices from every insurance company. This ensures the most accurate price comparison and a good representation of prices.

If you currently have car insurance, you will definitely be able to cut your premiums using these methods. Locating the best rates in Chandler is easy if you know what you’re doing. But Arizona vehicle owners must understand how the larger insurance companies calculate your car insurance rates and use this information to your advantage.

These discounts can lower your auto insurance quotes

Car insurance is not cheap, but there could be significant discounts that can dramatically reduce your bill. Many of these discounts will be applied automatically at the time you complete a quote, but some must be inquired about prior to getting the savings.Cheaper auto insurance with discounts

Don’t be surprised that most credits do not apply to the entire policy premium. Most cut specific coverage prices like collision or personal injury protection. Just because it seems like you could get a free auto insurance policy, that’s just not realistic.

The chart below shows the comparison of Toyota Corolla auto insurance rates with and without policy discounts. The data assumes a female driver, no accidents or driving violations, Arizona state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, claim-free, safe-driver, marriage, multi-car, and homeowner discounts applied.

Some of the insurance companies who might offer some of the above discounts are:

Before purchasing a policy, check with every prospective company which discounts you may be entitled to. A few discounts may not apply to policies in Chandler. To view insurance companies who offer online Toyota Corolla insurance quotes in Chandler, click this link.

The method we recommend to compare insurance rates in your area utilizes the fact most insurance companies will pay a fee to compare rate quotes. To get started, all you need to do is provide details such as an estimate of your credit level, whether you are single or married, if you require a SR-22, and your occupation. Your rating data is instantly provided to multiple companies and you will get price comparisons instantly.

If you would like to start a quote now, click here and enter your coverage details.

The providers in the list below can provide price quotes in Arizona. If multiple companies are listed, we suggest you visit two to three different companies to get a more complete price comparison.

Insurance rate breakdown

The data table displayed next showcases a range of insurance coverage prices for Toyota Corolla models. Having a better idea how rate quotes are formulated can aid in making smart choices when selecting a coverage provider.

Toyota Corolla Insurance Rates in Chandler, AZ
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Corolla LE $184 $426 $362 $22 $108 $1,102 $92
Corolla S $184 $426 $362 $22 $108 $1,102 $92
Corolla XLE $184 $426 $362 $22 $108 $1,102 $92
Corolla XRS $208 $426 $362 $22 $108 $1,126 $94
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Prices above based on single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Rate information does not factor in Chandler location which can revise premium rates considerably.

Physical damage deductibles

When shopping for auto insurance, a common question is how low should you set your deductibles. The following tables sum up the difference in cost when you select higher and lower physical damage deductibles. The first data set uses a $100 deductible for physical damage and the second set of rates uses a $1,000 deductible.

Toyota Corolla insurance premium estimates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Corolla LE $258 $548 $300 $18 $90 $1,239 $103
Corolla S $258 $548 $300 $18 $90 $1,239 $103
Corolla XLE $258 $548 $300 $18 $90 $1,239 $103
Corolla XRS $292 $548 $300 $18 $90 $1,273 $106
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Toyota Corolla insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Corolla LE $144 $290 $300 $18 $90 $842 $70
Corolla S $144 $290 $300 $18 $90 $842 $70
Corolla XLE $144 $290 $300 $18 $90 $842 $70
Corolla XRS $162 $290 $300 $18 $90 $860 $72
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Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, claim-free, and safe-driver. Price information does not factor in specific location information which can affect price quotes greatly.

Using the data above, we can ascertain that using a $100 deductible will cost you about $33 more each month or $396 for a full year than choosing the higher $1,000 deductible. Because you would pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you normally average at least 27 months between claims, you would more than likely save some money if you opt for a higher deductible. The numbers below show a better example of how this determination is made.

Average monthly premium for $100 deductibles: $104
Average monthly premium for $1,000 deductibles (subtract): – $71
Monthly savings from raising deductible: $33
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $33
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 27 months

One thing to be aware of is that increasing deductibles to save money means you will have to pay more when you have a comprehensive or collision claim. You will want to have access to more funds in the event you have to pay the deductible.

The illustration below demonstrates how choosing different deductibles and can impact Toyota Corolla insurance costs for different age groups. The rate quotes are based on a married male driver, comp and collision included, and no discounts are taken into consideration.

Should you buy full coverage?

The example below visualizes the comparison of Toyota Corolla insurance premiums with full coverage and liability only. The data assumes no claims or driving violations, $500 deductibles, marital status is single, and no discounts are applied to the premium.

Guidelines for dropping full coverage

There is no definitive formula for excluding comprehensive and collision coverage on your policy, but there is a general guideline you can use. If the yearly cost of full coverage is 10% or more of the settlement you would receive from your company, then it might be time to consider dropping full coverage.

For example, let’s say your Toyota Corolla replacement value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would receive is $7,000 after paying your policy deductible. If it’s costing in excess of $700 annually for your policy with full coverage, then you may need to consider dropping full coverage.

There are some cases where removing full coverage is not a good idea. If you still owe a portion of the original loan, you are required to maintain full coverage as part of the loan conditions. Also, if you don’t have enough money to buy a different vehicle in the event your current vehicle is totaled, you should not remove full coverage.

Insurance agents can help

Always remember that when buying the right insurance coverage for your personal vehicles, there is no “perfect” insurance plan. Every insured’s situation is different and your policy should reflect that.Higher deductibles save money
For example, these questions might help in determining if you would benefit from professional advice.

If you’re not sure about those questions but a few of them apply, you may need to chat with an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies.

Local Chandler insurance agencies

A small number of people just want to visit with an insurance agent. The biggest benefit of getting free rate quotes online is that you can find better rates and still have a local agent. Putting coverage with neighborhood insurance agencies is definitely important in Chandler.

Find insurance agent in ChandlerTo help locate an agent, after submitting this form (opens in new window), your insurance coverage information is immediately sent to agents in your area who will give competitive quotes for your business. You won’t need to find an agent due to the fact that quote results will go immediately to you. You can find lower rates AND a local agent. If you wish to compare prices from a specific company, you just need to jump over to their website to submit a rate quote request.

The following are Chandler insurance companies that can give you price quotes for Toyota Corolla insurance in Chandler.

5960 S Cooper Rd #2Chandler, AZ 85249(480) 855-8555View Map

2330 N Alma School Rd Ste 126Chandler, AZ 85224(480) 526-8277View Map

2420 W Ray Rd #2Chandler, AZ 85224(480) 966-9449View Map

300 N Gila Springs Blvd #150Chandler, AZ 85226(480) 659-5263View Map

More Chandler agents

Choosing an company shouldn’t rely on just the bottom line cost. The following questions are important to ask.

Arizona auto insurance companies

Picking the best insurance company can be rather challenging considering how many companies are available to choose from in Chandler. The company rank data in the lists below can help you choose which coverage providers to look at when looking for cheaper rates.

Best Auto Insurance Companies in Chandler
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
USAA 98 100 100 94% A++ 98.6
American Family 98 89 100 86% A 95.4
State Farm 88 93 96 90% A++ 92.4
The Hartford 94 92 90 89% A+ 91.7
AAA Insurance 88 89 95 91% A 91.2
GEICO 84 93 93 89% A++ 90.3
The General 89 91 89 88% A- 90
Titan Insurance 90 87 91 95% A+ 89.6
Progressive 84 91 93 87% A+ 89.5
Mercury Insurance 88 91 90 85% A+ 89.4
Allstate 85 90 92 88% A+ 89.3
Nationwide 87 88 84 90% A+ 88.7
Liberty Mutual 84 87 93 88% A 88.5
21st Century 85 86 87 88% A 86.7
Esurance 85 80 95 87% A+ 85.9
Safeco 85 85 85 86% A 85.8
Travelers 80 87 87 83% A++ 85.2
Farmers Insurance 78 87 88 79% A 84.3
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Data Source: Best Car Insurance Companies

Cheap car insurance prices are available

We covered some good ideas how you can save on Toyota Corolla insurance in Chandler. The key concept to understand is the more providers you compare, the better likelihood of getting low cost Chandler car insurance quotes. You may even be surprised to find that the best prices are with a smaller regional carrier. These smaller insurers can often insure niche markets at a lower cost than their larger competitors like Allstate, GEICO and Progressive.

Affordable Toyota Corolla insurance in Chandler is attainable online in addition to local insurance agencies, and you need to price shop both in order to have the best chance of saving money. Some insurance providers do not provide price quotes online and most of the time these regional carriers prefer to sell through local independent agents.

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