No sane person loves paying for insurance, especially when their premiums are too high.
Statistics show that the vast majority of drivers have bought insurance from the same company for a minimum of four years, and almost 40% of drivers have never even shopped around for cheap coverage. Many consumers in San Jose could pocket as much as $469 a year by just comparing rate quotes, but they just feel it's too hard to go online and compare rates.
Insurance companies such as GEICO, Farmers Insurance and State Farm all promote huge savings with catchy ads and it is challenging if not impossible to see through the cute green geckos and mayhem and find the best price available.
Best companies for affordable Toyota Corolla insurance in California
The companies shown below can provide price quotes in California. If multiple companies are listed, it's a good idea that you visit as many as you can in order to get a fair rate comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get Your Own Custom Quote Go|
Data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, safe-driver, and multi-vehicle. Price estimates do not factor in San Jose location which can lower or raise auto insurance rates significantly.
Bad driving habits will cost you more
The illustration below shows how speeding tickets and at-fault fender-benders can raise Toyota Corolla insurance premiums for different insured age categories. Data assumes a married female driver, comp and collision included, $250 deductibles, and no discounts are applied.
Physical damage deductibles: Should you raise them?
The example below shows how choosing a deductible and can raise or lower Toyota Corolla premium costs for different age groups. The premium estimates are based on a married female driver, comprehensive and collision coverage, and no additional discounts are factored in.
Discounts can help lower premiums on Toyota Corolla insurance in San Jose
Insurance is expensive, but you might already qualify for some discounts that many people don't even know exist. A few discounts will automatically apply when you get a quote, but a few must be requested specifically before you will receive the discount.
- Military Rewards - Having an actively deployed family member could qualify you for better rates.
- Passive Restraints and Air Bags - Factory air bags or motorized seat belts could see savings of 20% or more.
- Discount for New Cars - Insuring a new Corolla can get you a discount because new vehicles are generally safer.
- Defensive Driver Discounts - Completing a course in safe driver could earn you a small percentage discount and make you a better driver.
- Multiple Cars - Buying a policy with multiple cars or trucks on one policy can get a discount on all vehicles.
- Multi-policy Discount - If you can bundle your homeowners and auto insurance with one company you may earn over 10 percent off each policy depending on the company.
- Senior Discount - Drivers over the age of 55 are able to get better insurance rates.
- Discount for Life Insurance - Insurance companies who offer life insurance give a discounted insurance rate on car insurance if you buy life insurance.
Consumers should know that most credits do not apply to the whole policy. Some only reduce the cost of specific coverages such as comp or med pay. Despite the appearance that having all the discounts means you get insurance for free, that's just not realistic.
To see a list of insurers that have a full spectrum of discounts in San Jose, click here.
Do I need special coverages?
When quoting and comparing your policy, there is no one-size-fits-all type of policy. Everyone's situation is a little different.
These are some specific questions may help highlight whether you might need professional guidance.
- When do I need to add a new car to my policy?
- Does my Toyota Corolla need full coverage?
- Can I get a multi-policy discount for packaging my home and auto coverage?
- When would I need additional glass coverage?
- Does my personal policy cover me when driving out-of-state?
- Should I rate my vehicle as business use?
- Is my son or daughter covered when driving my car?
- How many claims can I have before being canceled?
If it's difficult to answer those questions but a few of them apply, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form.
Local agents and insurance
Some consumers would rather buy from a local agent and that is a smart decision The best thing about comparing rates online is you may find cheap insurance quotes and also buy local. And buying from neighborhood agents is important especially in San Jose.
After completing this form (opens in new window), the coverage information is immediately sent to insurance agents in San Jose that can provide free San Jose car insurance quotes and help you find cheaper coverage. There is no reason to search for an agent since rate quotes are delivered directly to your email. You can find better rates AND an agent nearby. In the event you want to get a rate quote from a specific insurance company, you just need to jump over to their website and complete a quote there.
Is an exclusive or independent auto insurance agent right for you?
If you need to find a reliable agent, you should know the types of insurance agents and how they are slightly different. Insurance agencies are either independent agents or exclusive agents depending on their employer.
Agents that elect to be independent do not have single company limitations so they have the ability to put coverage with lots of companies and get the cheapest rates. If they quote lower rates, they can switch companies in-house and that require little work on your part.
If you are trying to find cheaper rates, you need to include rate quotes from independent agents in order to compare the most rates.
Shown below is a partial list of independent insurance agencies in San Jose that can give you price quote information.
Exclusive Insurance Agencies
Exclusive agents can only place business with one company like American Family, State Farm, and Allstate. Exclusive agents are unable to place coverage with different providers so you might not find the best rates. These agents are trained well in insurance sales and that can be a competitive advantage.
The following are exclusive insurance agencies in San Jose willing to provide price quotes.
Deciding on a car insurance agent requires more thought than just the premium amount. You should also get answers to these questions.
- Do they have a Better Business Bureau rating in San Jose?
- What are the financial ratings for the companies they represent?
- Are aftermarket or OEM parts used to repair vehicles?
- If you are a high risk driver, do they have special markets for your coverage?
- Are they full-time agents?
Car insurance coverages for a Toyota Corolla
Understanding the coverages of a car insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement.
Uninsured Motorist or Underinsured Motorist insurance
Uninsured or Underinsured Motorist coverage protects you and your vehicle's occupants from other drivers when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle's occupants as well as your vehicle's damage.
Since a lot of drivers only carry the minimum required liability limits (California limits are 15/30/5), their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked. Normally the UM/UIM limits are set the same as your liability limits.
Collision coverage protection
This coverage will pay to fix damage to your Corolla resulting from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.
Collision coverage protects against things such as crashing into a ditch, backing into a parked car, hitting a parking meter, colliding with a tree and damaging your car on a curb. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. It's also possible to choose a higher deductible on your Corolla to get cheaper collision coverage.
Comprehensive coverage (or Other than Collision)
Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against claims like a broken windshield, fire damage, falling objects and damage from flooding. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle's value consider removing comprehensive coverage.
Liability auto insurance
Liability insurance can cover damages or injuries you inflict on other's property or people by causing an accident. It protects YOU from legal claims by others. It does not cover your own vehicle damage or injuries.
It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 15/30/5 that means you have a limit of $15,000 per injured person, a per accident bodily injury limit of $30,000, and property damage coverage for $5,000. Alternatively, you may have a combined limit which provides one coverage limit rather than limiting it on a per person basis.
Liability coverage protects against things like emergency aid, medical services and bail bonds. The amount of liability coverage you purchase is a personal decision, but it's cheap coverage so purchase higher limits if possible. California requires drivers to carry at least 15/30/5 but you should think about purchasing higher limits.
Insurance for medical payments
Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses like dental work, X-ray expenses, ambulance fees and doctor visits. The coverages can be utilized in addition to your health insurance plan or if there is no health insurance coverage. Coverage applies to both the driver and occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage
Find affordable rates by being thorough
Insureds leave their current company for a variety of reasons including not issuing a premium refund, policy cancellation, policy non-renewal or even delays in responding to claim requests. Regardless of your reason, finding a great new company is easier than you think.
We've covered a lot of information how to lower your Toyota Corolla insurance prices in San Jose. It's most important to understand that the more price quotes you have, the better chance you'll have of finding the cheapest Toyota Corolla rate quotes. You may even be surprised to find that the lowest priced insurance comes from a company that doesn't do a lot of advertising.
When buying insurance coverage, you should never buy less coverage just to save a little money. There have been many cases where someone dropped uninsured motorist or liability limits only to find out that it was a big error on their part. Your goal is to purchase plenty of coverage for the lowest cost, but do not sacrifice coverage to save money.
Much more information about insurance in California is available at the links below
- What to do at the Scene of an Accident (Insurance Information Institute)
- What is the Cheapest Car Insurance in Chula Vista, California? (FAQ)
- Which Company has the Cheapest Auto Insurance in Modesto, CA? (FAQ)
- Drunk Driving Statistics (Insurance Information Institute)
- Rollover Crash FAQ (iihs.org)
- Winter Driving (Insurance Information Institute)