Insurance Costs for your Corolla!

[sinnaever]

Hey, Just wondering what are you guys paying?

Here is my Info.

Model: XRS
Age: 24
Class License: G (Full)
Sex: Male
Monthly Payment: $317.10

Moving Violations / Tickets / Accidents... ZERO!!!

Am I getting screwed here?

[jdub907]

Here is my Info.

Model: S
Age: 23
Class License: I have no clue haha
Sex: Female
Monthly Payment: ~$125
Moving Violations / Tickets / Accidents... ZERO!!!

I took what we pay every 6 months for BOTH vehicles (he has an 07 Tacoma, no violations, he's 25), and divided it out. I'm paying the same a month for insurance under his policy, as I was for my 01 Hyundai Sonata on my own.

[Dreamerx4]

Model: LE
Age: 36
Class License: Regular
Sex: Male, Married
Monthly Payment: $309.00 (every 6 Months!!!!!!) For 2009 Corolla, and a 1999 Pontiac Montana, full coverage on both, loan payoff if totaled, towing etc.

Virginia, USA

Travelers is my insurance agency. I have a discount because they also insure my home.

Moving Violations / Tickets / Accidents... 1 Speeding, 4 yrs ago.

You should always call around, gotta look out for yourself!

[joeylgarcia]

Here is my Info.

Model: 09 Corolla S
Age: Confidential (hahaha)
Class License: from California Driver License to British Columbia Driver License
Sex: Male
Monthly Payment: a little less than $130 (canadian dollars)
Moving Violations / Tickets / Accidents... ZERO!!!

[takamikey]

Zero violations, S, 140 a month... (single 25 yr old male)...

That being said, I'm paying $20 a month more than I was for my 07 CX-7 (255 hp Turbocharged) with a MV of 19,800 when I sold it... I'm baffled at why this little car costs MORE than the expensive stupid quick SUV?

[joeylgarcia]

all brand new cars cost a little more than older models especially if you did not pay the car in full. imagine damaging a door in a collision or any part of the vehicle. the parts would have to be ordered from the factory considering that there are still no surplus parts in junkyards. compared to a 1990 honda accord door that you can get for $50 per door in a junkyard. i hope it makes sense.

[takamikey]

Yes, it makes sense if you're talking a 90 accord. But when your trading in a car which is still less than 2 years old (and was an increase bc it was a new car in the first place) and never had a price drop, it just seems like insurance companies decide each year model that prices go up, and never fall back down... also parts on a car made 95% in Japan were still harder to find than new rolla parts should be? furthermore, if your logic is true, should I expect my insurance rate to drop once the parts for the 09 are more readily available?

[Colo.TJ]

When we traded in our 01 Ram w/ diesel truck for our new 07' Corolla last summer our overall ins. dropped $5 per month.

My God man that is more than your monthly car payment! I hope anyway.

[takamikey]

also all this is obviously going to depend on how much coverage you are buying?

i.e. a $500 deductable costs more than a 2k deductable, gap insurance, etc... so its going to be hard to get an apples to apples comparison. you can try somehting like progressive.com and see what your rates look like there?

[nouse4aname]

Model: 09 Corolla XRS
Age: 25
Class License: 3
Sex: Male
Monthly Payment: a little less than $100
Moving Violations / Tickets / Accidents...A FEW

[7th Crow]

Model: 09 XRS Auto (not leasing or financing)
Age: 35
Class License: 5A (vehicles & any motorcycle)
Sex: Dude
Annual Payment: $912.00+Tax
Insurer: RBC (1 Mill full coverage. Deductible: 500 on Collision and 100 on Comprehensive)
Moving Violations / Tickets / Accidents: Nope

Popular Insurance comparison website for Canadians: www.kanetix.ca

[rCustom]

Model: XRS
Age: 24
Class License: class 5
Monthly Payment: 250
15% discount

woo...u guys are only 100 monthly....sweet....

[sinnaever]

ya i'm leaving my current insurance company. I found another company that will offer me $206 per month.

NEVER USE WAWANESA if you are in Ontario... or ANYWHERE. They will rob you.

[Timbits93]

In BC, you are REQUIRED to have insurance with ICBC at the very least -_-

Seems like Corolla drivers pay more for insurance than our Sienna :P

[bsdbytes]

Model: S Manual
Age: 32
Male, married w/children
No accident or ticket history in last 5 years
Monthly: $64 ($500 deductible collision & comprehensive)