How Much is Insurance for a Toyota Corolla in Oklahoma?

The chances that you’ll find the best cheap coverage for a Toyota Corolla in Oklahoma hinges on a very complex rating algorithm that uses multiple factors such as how old you are, your credit rating, and if you have a clean driving record. Drivers in Oklahoma on average will pay $1,250 every 12 months to buy Toyota Corolla insurance, but that is an approximation assuming a 50-year-old married female that wants full coverage including both comprehensive and collision and $100 deductibles.

There is a high probability that you are not a 50-year-old female, maybe you are single instead of married, and maybe your credit level is not the same as what was rated. Different coverage needs are the reason why the best way to quote cheap car insurance rates for your Toyota is to just take the time to compare rates yourself.

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Your vehicle’s trim level has an effect on the yearly cost, so the price you will be charged to insure a Corolla LE model will be $38 cheaper than the price to insure the higher-priced Corolla XRS trim level, as shown below.

Cost estimates assume married female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Oklahoma minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Table data does not factor in your specific Oklahoma location which can impact rates considerably.

Determining which companies have the best car insurance rates for a Toyota Corolla involves a little more work than just picking a company at random. Each company has a unique formula for setting prices, so let’s take a look at the car insurance companies with the most affordable rates in Oklahoma.

Keep in mind that Oklahoma car insurance rates are impacted by many things that can increase the price of coverage. Simply having another birthday, buying a new vehicle, or getting a couple of tickets may generate price changes resulting in some companies being more affordable than the competition.

Best Auto Insurance Prices for Your Corolla

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Oklahoma Farmers Union generally has some of the best car insurance rates in Oklahoma at around $1,166 a year. USAA, The Hartford, Farmers, and GEICO also rank well as some of the cheapest Oklahoma auto insurance companies.

In the rate table above, if you are a customer of Farmers and switched to USAA, you might achieve savings of around $184. Oklahoma drivers with GEICO may save as much as $185 a year, and Safe Auto policyholders might cut rates by $209 a year.

If you want to see how much you could save, click here to start your custom quote or click through to the companies below.

These policy rates are averaged for all insureds and vehicles and do not factor in a specific rating modification for a Toyota Corolla. So the insurer that can offer you the lowest price may not even be included in the company chart above. That illustrates why you need to quote rates from as many companies as possible using your own personal information and vehicle type.

Careless driving habits raise car insurance rates

The easiest way to obtain cheap insurance for a Toyota Corolla in Oklahoma is to be a careful driver and not get tickets or have accidents. The illustration below shows how traffic citations and at-fault fender-benders can increase insurance prices for each different age category. The data is based on a single female driver, full physical damage coverage, $250 deductibles, and no other discounts are factored in.

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In the chart above, the average cost of a car insurance policy per year with a clean driving record and no accidents is $2,821. Get written up for two speeding tickets and the average cost hikes up to $3,799, an increase of $977 each year. Now add in one accident along with the two speeding tickets and the annual cost of car insurance for a Toyota Corolla increases to an average of $4,794. That’s an increase of $1,973, or $164 per month, just for not driving responsibly!

State Farm, Allstate, Geico, or Progressive: Which is best?

When comparing insurance for a Corolla in Oklahoma, the most popular companies are State Farm, Allstate, Geico, and Progressive. They all offer your standard coverages, but each one has a distinct set of features and optional coverages that may influence your buying decision. The table below compares some of the ratings and options offered by each company.

Find cheap insurance for a Toyota Corolla in Oklahoma

Below you’ll find a few money-saving solutions that can help Oklahoma drivers find lower-cost coverage.

• Maintain a safe distance and avoid accidents
• Buy vehicles with good safety ratings
• Pay for small claims rather than turning them in to your insurance company
• Save money by obeying traffic laws and keeping a clean driving record
• Clean up your credit
• Shop your coverage around for the best deal

That last idea is incredibly critical, as was emphasized in this write-up. Coverage rates vary considerably, so drivers shouldn’t be reluctant to change insurance companies if a more affordable price is available.

Many drivers have brand loyalty and that’s fine, but it’s not a good idea if it’s costing you lots of money. Take a couple minutes and compare rates and find cheaper car insurance for a Toyota Corolla.

Who has the cheapest Toyota Corolla insurance quotes?

There are many different ways to shop for and buy car insurance in Oklahoma, but the most popular are from an independent or non-exclusive agent, a captive (or exclusive) agency such as Liberty Mutual or Allstate, or direct either online or via phone.

They all have the same basic principle, but each is slightly different in how they function.

Independent insurance agencies have contracts with many companies and can get policy pricing from all of them. Agents of this type have the option to provide you with more rate quotes, which can give you a better comparison. If you want to switch companies, your policy is moved internally and you can keep the same agent.

An agent who is captive is able to quote prices with one company, examples being Allstate and Liberty Mutual agents. They generally cannot quote rates from more than one company, so you will not be able to compare their rates to other companies.

The final way is buying direct, which means you bypass a local insurance agent and instead buy direct from companies such as Esurance or Geico. This car insurance option may be preferred by consumers who do not need complex risk management and have a decent understanding of what car insurance covers.

Which way is best for finding cheap insurance for a Toyota Corolla in Oklahoma? We wish we could say buying direct yields the cheapest rates since it doesn’t require paying agent commissions, but in reality, that is not the case. And we’d like to say buying from an independent agent results in the best rates due to more options, but again, it’s not necessarily true. In many circumstances, exclusive agencies may have prices that are the lowest in Oklahoma.

Due to the fact that car insurance rates vary so much, the only real way to ensure the lowest rates is to get quotes and compare. In a perfect world, youll get rate quotes from all three to give yourself enough choices. For a list of companies with online discounts, click here to view.