View 2006 Toyota Corolla Insurance Rates

Nobody cherishes buying auto insurance, particularly when the cost is way too high. Many insurers vie for your hard-earned dollar, and because of this it can be hard to compare insurers to get the lowest rate

If you have a policy now or need new coverage, you can learn to shop for the lowest rates and still get good coverage. Finding the best rates is not rocket science. Consumers just need to learn the most efficient way to compare company rates on the web.

Compare Car Insurance Today

Finding cheaper 2006 Toyota Corolla car insurance prices can be surprisingly simple. The only thing you need to do is spend a little time getting comparison quotes online from several insurance companies. This can be done in just a few minutes using one of these methods.

  1. The recommended way to get quotes is to use a rate comparison form click to view form in new window. This form prevents you from having to do separate forms for each company. One quote request compares rates direct from many companies.
  2. A harder way to get quotes online is to take the time to go to each company’s website and complete a new quote form. For instance, let’s say you want rates from State Farm, Safeco and Travelers. To get each rate you have to spend time on each company’s site and enter your information, which is why the first method is more popular.

    For a list of links to insurance companies in your area, click here.

  3. The hardest way of comparing rate quotes is driving to and from local insurance agencies. The ability to buy insurance online eliminates the need for an insurance agent unless you have a need for the trained guidance of a local agent. It is possible to compare online quotes and get advice from an agent in your area.

However you get your quotes, make darn sure you compare exactly the same information with each company. If you use different liability limits then you won’t be able to truly determine the lowest rate.

When might I need help?

When it comes to choosing adequate coverage, there really is no single plan that fits everyone. Everyone’s situation is a little different so your insurance should reflect that For instance, these questions can help discover whether or not you might need professional guidance.

  • Do I need to file an SR-22 for a DUI in my state?
  • Do I benefit by insuring my home with the same company?
  • Is a new car covered when I drive it off the dealer lot?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Will my rates increase for filing one claim?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of car insurance companies in your area. It only takes a few minutes and may give you better protection.

Car insurance 101

Learning about specific coverages of a insurance policy aids in choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. Shown next are the usual coverages found on the average insurance policy.

Liability insurance – This will cover damages or injuries you inflict on people or other property in an accident. This coverage protects you from legal claims by others. It does not cover your injuries or vehicle damage.

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 liability limits of 50/100/50 that translate to $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for things such as bail bonds, attorney fees, court costs, legal defense fees and loss of income. How much liability should you purchase? That is your choice, but buy as much as you can afford.

Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage provides protection when the “other guys” do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your 2006 Toyota Corolla.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Medical payments coverage and PIP – Coverage for medical payments and/or PIP pay for bills like rehabilitation expenses, nursing services, prosthetic devices, surgery and hospital visits. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants as well as getting struck while a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible

Comprehensive coverage – This pays for damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like fire damage, hitting a deer, vandalism and rock chips in glass. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Collision coverage – Collision insurance will pay to fix damage to your Corolla resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things like damaging your car on a curb, hitting a parking meter, hitting a mailbox, rolling your car and colliding with a tree. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Another option is to increase the deductible to get cheaper collision coverage.