Unthinkable but true, most insurance policyholders in California have stayed with the same insurance company for more than four years, and 38% of drivers have never even shopped around for cheaper coverage. U.S. insurance shoppers could save an average of up to $859 each year, but they just don’t want to do a rate comparison.
If saving the most money is your goal, then the best way to get low-cost Toyota Corolla insurance in Sacramento is to regularly compare prices from companies who sell insurance in California.
- First, learn about the different coverages in a policy and the changes you can make to lower rates. Many rating criteria that cause rate increases like careless driving and a poor credit score can be improved by improving your driving habits or financial responsibility. Later in this article we will cover the details to get low prices and get bigger discounts that may have been overlooked.
- Second, quote rates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can give quotes from a single company like GEICO or Allstate, while independent agencies can give you price quotes from multiple sources.
- Third, compare the new quotes to your existing coverage and see if you can save money. If you find better rates and decide to switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
- Fourth, tell your current agent or company to cancel your current policy. Submit a down payment along with a completed application for your new coverage. Don’t forget to keep the new certificate of insurance with your registration paperwork.
The key aspect of shopping around is to compare the same coverage limits and deductibles on every quote request and and to get rate quotes from every insurance company. Doing this provides a fair price comparison and and a good selection of different prices.
If you have coverage now or just want cheaper rates, take advantage of these tips to buy cheaper car insurance while maximizing coverage. Finding the cheapest car insurance coverage in Sacramento seems hard but is not really that difficult. Consumers just need to use how to get comparison quotes from multiple carriers.
The following companies are ready to provide quotes in California. If your goal is to find cheaper auto insurance in Sacramento, it’s highly recommended you click on several of them in order to find the lowest rates.
Auto insurance protects more than just your car
Even though it can be expensive, buying auto insurance may be required and benefits you in several ways.
First, just about all states have compulsory liability insurance requirements which means it is punishable by state law to not carry a specific level of liability protection in order to license the vehicle. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
Second, if you bought your vehicle with a loan, more than likely the lender will require that you have full coverage to guarantee loan repayment. If you default on your policy, the lender will be forced to insure your Toyota at a significantly higher premium and force you to reimburse them for the much more expensive policy.
Third, insurance safeguards both your assets and your vehicle. Insurance will pay for hospital and medical expenses for both you and anyone you injure as the result of an accident. One policy coverage, liability insurance, will also pay for a defense attorney if you cause an accident and are sued. If you have damage to your Toyota as the result of the weather or an accident, comprehensive and collision coverage will pay to repair the damage minus the deductible amount.
The benefits of insuring your Corolla more than offset the price you pay, particularly if you ever have a claim. In a recent study of 1,000 drivers, the average customer is overpaying over $869 every year so we recommend shopping around at least once a year to help ensure money is not being wasted.
Toyota Corolla insurance statistics and information
The data table displayed below showcases a range of policy rates for Toyota Corolla models. Learning a little about how car insurance prices are formulated is important to be able to make smart buying decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Corolla LE | $238 | $536 | $464 | $28 | $138 | $1,404 | $117 |
| Corolla S | $238 | $536 | $464 | $28 | $138 | $1,404 | $117 |
| Corolla XLE | $238 | $536 | $464 | $28 | $138 | $1,404 | $117 |
| Corolla XRS | $270 | $536 | $464 | $28 | $138 | $1,436 | $120 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Price information does not factor in specific zip code location which can impact prices substantially.
The chart below shows how choosing a deductible and can change Toyota Corolla premium costs for different age groups. The information is based on a single female driver, comprehensive and collision coverage, and no discounts are taken into consideration.
Cost comparison with and without full coverage
The information below compares Toyota Corolla auto insurance costs when comparing full coverage to state minimum liability only. The rate quotes are based on no violations or accidents, $100 deductibles, single marital status, and no discounts are applied.
Should you be buying full coverage?
There is no set guideline to eliminate comp and collision coverage, but there is a broad guideline. If the annual cost of comprehensive and collision coverage is 10% or more of the settlement you would receive from your company, then you may need to consider dropping full coverage.
For example, let’s assume your Toyota Corolla replacement value is $9,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $8,000 after the policy deductible has been paid. If it’s costing you more than $800 annually for full coverage, then you may need to consider dropping full coverage.
There are some cases where buying only liability insurance is not advised. If you haven’t satisfied your loan, you have to keep full coverage in order to prevent your loan from defaulting. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should not opt for liability only.
Slash rates with these price cutting discounts
The cost of insuring your cars can be expensive, but you might be missing out on some discounts that can drop the cost substantially. A few discounts will automatically apply when you quote, but lesser-known reductions have to be asked for prior to getting the savings.
- Club Memberships – Being a member of certain professional organizations is a simple method to lower premiums when getting a Sacramento auto insurance quote.
- Own a Home – Simply owning a home can get you a discount because it demonstrates responsibility.
- Discounts for Seat Belt Usage – Drivers who always wear seat belts and also require passengers to buckle their seat belts may be able to save a few bucks off the PIP or medical payment premium.
- Pay Early and Save – By making one initial payment as opposed to paying monthly you can avoid the installment charge.
- No Accidents – Insureds with no claims or accidents pay less in comparison to drivers with a long claim history.
While discounts sound great, it’s important to understand that most discounts do not apply to all coverage premiums. Some only reduce individual premiums such as physical damage coverage or medical payments. Even though the math looks like all those discounts means the company will pay you, it doesn’t quite work that way.
The information below compares Toyota Corolla insurance premiums with and without discounts applied to the rates. The premium estimates are based on a male driver, no driving violations, no at-fault accidents, California state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-policy, claim-free, safe-driver, multi-car, and homeowner discounts applied.
Some of the insurance companies that may offer policyholders most of these discounts possibly include:
When comparing rates, check with all the companies which discounts they offer. Some credits may not be offered in Sacramento. If you would like to view car insurance companies that provide some of the discounts listed above in California, click here to view.
Best auto insurance company in California
Ending up with the best auto insurance provider can be rather challenging considering how many different companies sell coverage in Sacramento. The ranking information shown next can help you select which providers to look at shopping prices with.
Top 10 Sacramento Car Insurance Companies by A.M. Best Rank
- USAA – A++
- Travelers – A++
- State Farm – A++
- GEICO – A++
- Esurance – A+
- Nationwide – A+
- Allstate – A+
- Mercury Insurance – A+
- Progressive – A+
- Titan Insurance – A+
Top 10 Sacramento Car Insurance Companies Overall
- USAA
- American Family
- AAA of Southern California
- State Farm
- The Hartford
- AAA Insurance
- GEICO
- The General
- Titan Insurance
- Progressive