If saving the most money is your goal, then the best way to get low-cost car insurance rates in Irvine is to regularly compare quotes from providers in California. You can shop around by following these guidelines.
First, try to understand how insurance works and the factors you can control to lower rates. Many rating factors that result in higher rates such as accidents, traffic violations, and bad credit can be remedied by improving your driving habits or financial responsibility.
Second, compare rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only quote rates from a single company like GEICO or Allstate, while agents who are independent can provide price quotes for many different companies.
Third, compare the new rate quotes to the premium of your current policy and see if you can save money. If you find better rates and decide to switch, make sure there is no coverage gap between policies.
A good tip to remember is to use similar limits and deductibles on each quote request and and to get rates from as many companies as you can. Doing this ensures a fair price comparison and the best rate selection.
Inconceivable but true, 70% of consumers have remained with the same insurance company for a minimum of four years, and approximately 38% of consumers have never quoted rates to find lower-cost coverage. With the average insurance premium being $1,847, American drivers can cut their rates by about $860 a year by just comparing rate quotes, but they don’t want to spend time to save money by comparing rate quotes.
Low cost Toyota Corolla insurance prices in Irvine
To find the best insurance rates, there are several ways to compare rate quotes from many available insurance companies in California. The easiest way by far to find cheaper Toyota Corolla rates consists of obtaining rate quotes online. When comparison shopping, having more price comparisons increases your odds of finding lower pricing.
The following companies can provide price quotes in Irvine, CA. If you wish to find the best cheap auto insurance in Irvine, CA, we recommend you visit several of them to get the best price comparison.
Toyota Corolla insurance rate analysis
The table shown next showcases different insurance premium costs for Toyota Corolla models. Having a better idea how policy premiums are determined can help you make smart choices when selecting a policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Corolla LE | $334 | $780 | $534 | $32 | $160 | $1,840 | $153 |
| Corolla S | $334 | $780 | $534 | $32 | $160 | $1,840 | $153 |
| Corolla XLE | $334 | $780 | $534 | $32 | $160 | $1,840 | $153 |
| Corolla XRS | $378 | $780 | $534 | $32 | $160 | $1,884 | $157 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, multi-policy, and claim-free. Premium costs do not factor in garaging location in Irvine which can influence premium rates considerably.
Analysis of deductible levels
One frequently asked question is what deductibles to buy. The premium rates below sum up how much more rates are between high and low policy deductibles. The first table uses a $100 deductible and the second price table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Corolla LE | $380 | $810 | $442 | $26 | $132 | $1,815 | $151 |
| Corolla S | $380 | $810 | $442 | $26 | $132 | $1,815 | $151 |
| Corolla XLE | $380 | $810 | $442 | $26 | $132 | $1,815 | $151 |
| Corolla XRS | $430 | $810 | $442 | $26 | $132 | $1,865 | $155 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Corolla LE | $210 | $426 | $442 | $26 | $132 | $1,236 | $103 |
| Corolla S | $210 | $426 | $442 | $26 | $132 | $1,236 | $103 |
| Corolla XLE | $210 | $426 | $442 | $26 | $132 | $1,236 | $103 |
| Corolla XRS | $238 | $426 | $442 | $26 | $132 | $1,264 | $105 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, multi-policy, and safe-driver. Rate information does not factor in vehicle garaging location which can influence auto insurance rates considerably.
Based on the above data, using a $100 deductible costs approximately $48 more each month or $576 a year than quoting the higher $1,000 deductible. Since the policyholder would be required to pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you have at least 19 months between claims, you would most likely save money if you decide on a higher deductible.
The chart below demonstrates how choosing different deductibles and can raise or lower Toyota Corolla insurance costs for different categories of driver ages. The premium estimates are based on a married female driver, full physical damage coverage, and no policy discounts are applied.
Drive responsibly or pay higher rates
The diagram below shows how speeding tickets and at-fault collisions can affect Toyota Corolla yearly insurance costs for each different age group. Data assumes a single male driver, full physical damage coverage, $500 deductibles, and no discounts are factored in.
Comparison of full coverage and liability-only policies
The information below shows the difference between Toyota Corolla auto insurance rates with and without full coverage. The premiums assume no violations or accidents, $1,000 deductibles, drivers are single, and no additional discounts are factored in.
Should you pay for full coverage or liability only?
There is no set rule for dropping comp and collision coverage, but there is a guideline you can use. If the annual cost of your full coverage insurance is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then you may want to consider only buying liability coverage.
For example, let’s pretend your Toyota Corolla replacement cost is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, you would only receive $8,000 after paying your deductible. If you are paying more than $800 a year for comprehensive and collision coverage, then it may be the right time to buy liability only.
There are some cases where eliminating full coverage is not financially feasible. If you haven’t satisfied your loan, you have to keep full coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should not opt for liability only.
What if I want to buy from local Irvine insurance agencies?
Some people just want to talk to a local agent and there is nothing wrong with that. One of the best bonuses of getting online price quotes is the fact that drivers can get cheap car insurance rates and still choose a local agent. And supporting neighborhood insurance agencies is definitely important in Irvine.
After completing this simple form, the quote information is transmitted to local insurance agents who can give free rate quotes for your car insurance coverage. You won’t need to find an agent because quoted prices will be sent immediately to your email address. You can find better rates AND a local agent. If you want to quote rates from a specific car insurance provider, just go to their quote page and fill out the quote form the provide.
If you are wanting to find a local insurance agency, you should know the types of insurance agents and how they can quote your rates. Car insurance policy providers may be either exclusive or independent agents depending on their company appointments.
Independent Agents (or Brokers)
These type of agents often have many company appointments so they can insure your vehicles with any number of different companies and help determine which has the cheapest rates. If they find a cheaper price, they simply move the coverage in-house which requires no work on your part.
When comparing rates, you absolutely need to compare prices from a couple of independent agencies in order to have the best price comparison. Most can insure with small regional insurance companies which can save you money.
Below is a list of independent insurance agents in Irvine who can help you get price quotes.
- Willis Insurance Services of CA Inc
18101 Von Karman Ave # 600 – Irvine, CA 92612 – (949) 885-1200 – View Map - Roger Stone Insurance Agency
5015 Birch St – Newport Beach, CA 92660 – (949) 757-0270 – View Map - KCAL Insurance Agency (Irvine)
14795 Jeffrey Rd – Irvine, CA 92618 – (949) 786-6888 – View Map
Exclusive Car Insurance Agencies
Exclusive insurance agents can only provide pricing for a single company and examples are State Farm, Allstate, and Farm Bureau. Exclusive agents are unable to place coverage with different providers so they have to upsell other benefits. Exclusive agents are well schooled on their company’s products which helps them compete with independent agents. A lot of people use the same exclusive agent mostly because of the prominence of the brand instead of buying on price only.
Shown below are exclusive insurance agencies in Irvine who can help you get price quotes.
- State Farm: Jim Canty
3200 El Camino Real #110 – Irvine, CA 92602 – (949) 769-2600 – View Map - State Farm: Richard Tay
14210 Culver Dr A – Irvine, CA 92604 – (949) 559-8866 – View Map - John Luithly – State Farm Insurance Agent
16277 Laguna Canyon Rd F – Irvine, CA 92618 – (949) 727-4442 – View Map
Finding a good car insurance agent should depend on more than just a cheap quote. These are some questions your agent should answer.
- How many companies do they write for?
- Do they offer rental car reimbursement?
- What company holds the largest book of business for them?
- Is their price quote a firm figure or are their hidden costs?
- Do they assist clients in filing claims?
- Are they able to influence company decisions when a claim is filed?
- Does the agency have a current Errors and Omissions policy?
If you receive acceptable answers for all questions you ask as well as the cheapest Toyota Corolla insurance in Irvine quotes, you may have found an insurance agency that meets your needs to adequately provide car insurance.