Best Quotes for Toyota Corolla Insurance in Birmingham

Insurance for Toyota CorollaAre you trying to find more competitive car insurance rates in Birmingham, AL? Birmingham shoppers have a choice when shopping for the best price on Toyota Corolla insurance. They can either waste time calling around to get rate comparisons or use the internet to get rate quotes.

There is a better way to buy car insurance and we'll show you the proper way to quote coverages for a Toyota and find the best price possible from Birmingham insurance agents and online providers.

Lowering your car insurance rates can be surprisingly simple. All you need to do is spend a little time to get quotes online from several insurance companies.

The following companies are our best choices to provide price quotes in Birmingham, AL. If more than one company is shown, we suggest you get rates from several of them to get the best price comparison.

Toyota Corolla Insurance Rates in Birmingham, AL
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Corolla LE $282 $606 $344 $20 $102 $1,354 $113
Corolla S $284 $710 $408 $24 $122 $1,548 $129
Corolla XLE $182 $408 $382 $22 $114 $1,108 $92
Corolla XRS $266 $514 $456 $26 $136 $1,398 $117
Get Your Own Custom Quote Go

Above prices assume single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Alabama minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Premium costs do not factor in specific location information which can modify insurance rates substantially.

Full coverage versus liability only rates

The diagram below shows the comparison of Toyota Corolla premium costs when comparing full coverage to liability only. The price estimates are based on no accidents or driving violations, $100 deductibles, married male driver, and no additional discounts are factored in.

Should you pay for full coverage?

There is no definitive formula to stop paying for comp and collision coverage, but there is a broad guideline. If the annual cost of coverage is about 10% or more of replacement cost minus your deductible, then you might consider buying liability only.

For example, let's say your Toyota Corolla book value is $6,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $5,000 after paying your deductible. If you are paying over $500 annually to have full coverage, then you might want to think about dropping full coverage.

There are some cases where dropping full coverage is not advised. If you have an outstanding loan on your vehicle, you have to keep full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should not eliminate full coverage.

Should you raise deductibles?

The diagram below demonstrates how choosing different deductibles and can raise or lower Toyota Corolla annual premium costs for different age groups. The data is based on a single female driver, comp and collision included, and no additional discounts are factored in.

Annual premiums for males compared to females

The example below illustrates the comparison of Toyota Corolla insurance premiums for male and female drivers. The rates are based on no violations or accidents, full physical damage coverage, $100 deductibles, marital status is single, and no discounts are applied to the premium.

Do you qualify for discounts on Toyota Corolla insurance in Birmingham?

Car insurance is neither fun to buy or cheap, but you might already qualify for some discounts that can drop the cost substantially. A few discounts will automatically apply at the time of purchase, but some discounts are required to be specifically requested before you will receive the discount.Save money with discounts

A quick disclaimer, some credits don't apply to the entire policy premium. Most cut specific coverage prices like collision or personal injury protection. So even though they make it sound like all the discounts add up to a free policy, you won't be that lucky.

To see car insurance companies that provide some of the discounts listed above in Alabama, click here.

You may want advice from an insurance agent

A small number of people still prefer to get advice from a local agent and that is a smart decision Good insurance agents will help you protect your assets and help you file claims. One of the best bonuses of price shopping on the web is you may find cheaper auto insurance rates and still have a local agent. Buying insurance from local insurance agencies is especially important in Birmingham.

To help locate an agent, after submitting this form (opens in new window), your information is transmitted to companies in Birmingham who can give free rate quotes for your business. There is no reason to contact any insurance agencies since rate quotes are delivered instantly to you. If you need to quote rates from one company in particular, feel free to search and find their rate quote page and submit a quote form there.

When searching for a reliable insurance agency, it's helpful to know the different types of agents and how they are slightly different. Agents are categorized either independent or exclusive. Either can write car insurance policies, but we need to point out how they differ since it can affect the type of agent you choose.

Independent Car Insurance Agencies or Brokers

Agents of this type can quote rates with many companies so they can insure your vehicles with multiple insurance companies and get the cheapest rates. If your agent finds better pricing, they simply move your policy to a different company which requires no work on your part. If you are trying to find cheaper rates, it's a good idea to compare quotes from several independent insurance agents to have the best price comparison. A lot of them also have access to small mutual carriers that can offer cheaper rates than bigger companies.

Listed below is a small list of independent insurance agencies in Birmingham that may be able to give cheap rate quotes.

More insurance agents

Exclusive Agents

Agents in the exclusive channel can only quote rates from one company and examples are Farmers Insurance and State Farm. They are unable to give you multiple price quotes so they are skilled at selling on more than just price. Exclusive agencies are well schooled on the products they sell and that allows them to sell at a higher price point. Consumers frequently buy from exclusive agents mainly due to the brand legacy rather than low price.

The following are exclusive insurance agencies in Birmingham willing to provide comparison quotes.

More insurance agents

Selecting an car insurance agent is decision based upon more than just a cheap price quote. The questions below may impact your decision as well.

How You Can Control Toyota Corolla Insurance Rates

Multiple criteria are used in the calculation when you get a price on insurance. Most are fairly basic such as traffic violations, but other criteria are more transparent such as whether you are married or your commute time. One of the most helpful ways to save on insurance is to to have a grasp of some of the things that come into play when calculating your insurance rates. When you understand what controls the rates you pay, this empowers consumers to make smart changes that may reward you with lower premium levels.

It may be expensive, but it's not optional

Even though it can be expensive, buying insurance is most likely required but also gives you several important benefits.

The benefits of insuring your car definitely exceed the cost, especially if you ever need it. According to a recent study, the average American driver is overpaying over $810 a year so you should quote your policy with other companies every year to ensure rates are competitive.

Cover all your bases

Throughout this article, we presented some good ideas how you can lower your Toyota Corolla insurance auto insurance rates in Birmingham. The key concept to understand is the more quotes you get, the higher your chance of finding inexpensive Birmingham car insurance quotes. You may even find the best auto insurance rates are with the smaller companies.

As you go through the steps to switch your coverage, make sure you don't buy lower coverage limits just to save a few bucks. There have been many cases where an insured cut physical damage coverage and discovered at claim time they didn't have enough coverage. Your goal is to purchase a proper amount of coverage for the lowest cost, not the least amount of coverage.

Drivers leave their current company for any number of reasons including unfair underwriting practices, lack of trust in their agent, high prices or even delays in paying claims. Regardless of your reason for switching companies, finding a new company is easier than you think.

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