It takes a little time, but the best way to find lower priced auto insurance rates is to compare quotes once a year from insurers in El Paso. You can shop around by following these steps.
- Take a few minutes and learn about how insurance works and the steps you can take to keep rates low. Many factors that drive up the price like accidents, traffic tickets, and a poor credit rating can be controlled by improving your driving habits or financial responsibility. This article gives information to find cheap rates and find possible discounts that are available.
- Compare rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can provide rates from one company like GEICO or Allstate, while independent agencies can give you price quotes from multiple insurance companies.
- Compare the new quotes to the premium of your current policy and determine if there is any savings. If you find a lower rate quote and buy the policy, make sure there is no lapse in coverage.
- Tell your current agent or company to cancel your current auto insurance policy and submit a completed application and payment for the new policy. Immediately store the proof of insurance certificate along with the vehicle’s registration papers.
One thing to point out is to use identical limits and deductibles on each price quote and and to get price estimates from as many different insurance providers as possible. This ensures a fair rate comparison and the best price quote selection.
Everyone knows that car insurance companies don’t want you to compare rates. Insureds who rate shop once a year will most likely switch companies because of the high probability of finding more affordable rates. A study showed that drivers who shopped around every year saved approximately $865 annually as compared to drivers who never shopped for cheaper rates.
If finding the lowest price on insurance in El Paso is the reason you’re reading this, then having some knowledge of how to find companies and compare cheaper coverage can save time, money, and frustration.
Our objective is to introduce you to how car insurance quotes work and also save some money in the process If you have coverage now, you will surely be able to get lower rates using the ideas presented in this article. Drivers just have to use the least time-consuming way to find the lowest price over the internet.
Lower-cost Toyota Corolla insurance in El Paso
Some insurance providers don’t list all available discounts very clearly, so the list below contains some of the more common and also the lesser-known credits available to lower your premiums when you buy El Paso auto insurance online.
- Multiple Cars – Drivers who insure more than one vehicle with the same company qualifies for this discount.
- Senior Citizen Discount – If you qualify as a senior citizen, you could receive better insurance rates.
- Accident Free – Insureds who avoid accidents and claims pay less compared to drivers who are more careless.
- Theft Prevention System – Cars, trucks, and SUVs that have factory anti-theft systems are stolen less frequently and will qualify for a discount on a El Paso auto insurance quote.
- Paperless Signup – Many companies give back up to $50 get El Paso auto insurance on the web.
- Clubs and Organizations – Participating in qualifying employment or professional organizations can get you a small discount when shopping for insurance.
- Service Members Pay Less – Being on active duty in the military could trigger a small discount.
- Low Mileage Discounts – Keeping the miles down on your Toyota may allow you to get substantially lower rates.
- Use Seat Belts – Requiring all passengers to fasten their seat belts could save 15% off the personal injury premium cost.
- Save with a New Car – Putting insurance coverage on a new Corolla may earn a small discount because newer vehicles have to meet stringent safety requirements.
It’s important to understand that most discount credits are not given to the overall cost of the policy. Most only reduce the price of certain insurance coverages like liability and collision coverage. If you do the math and it seems like having all the discounts means you get insurance for free, companies don’t profit that way. Any qualifying discounts will bring down your policy premiums.
The example below shows the difference between Toyota Corolla insurance prices with and without discounts being applied to the rates. The rates are based on a male driver, no violations or claims, Texas state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, claim-free, multi-car, homeowner, and safe-driver discounts applied.
Large insurance companies and the discounts they provide are included below.
- Farm Bureau may have discounts that include 55 and retired, safe driver, multi-policy, good student, and renewal discount.
- MetLife may include discounts for defensive driver, accident-free, claim-free, good student, good driver, multi-policy
- Progressive policyholders can earn discounts including online signing, continuous coverage, homeowner, good student, online quote discount, and multi-vehicle.
- AAA offers discounts including AAA membership discount, anti-theft, multi-policy, multi-car, education and occupation, and good driver.
- American Family may offer discounts for Steer into Savings, early bird, good driver, good student, and TimeAway discount.
- GEICO includes discounts for driver training, anti-theft, multi-policy, five-year accident-free, multi-vehicle, defensive driver, and seat belt use.
- State Farm discounts include passive restraint, student away at school, multiple autos, driver’s education, and defensive driving training.
If you are trying to find low cost El Paso auto insurance quotes, ask all companies you are considering to give you their best rates. All car insurance discounts may not apply in El Paso.
Toyota Corolla insurance quotes comparison
Many insurance companies such as Allstate, GEICO and Progressive provide pricing on their websites. Getting online rates for Toyota Corolla insurance in El Paso doesn’t take much effort as you just type in your coverage preferences into the form. Behind the scenes, the system obtains information on your driving record and credit history and generates pricing information determined by many factors.
This makes it simple to compare prices and it is important to have as many quotes as possible if you are searching for the lowest payment on auto insurance.
In order to compare pricing, compare rate quotes from the providers shown below. If you currently have coverage, we recommend you complete the form with the coverage information exactly as shown on your declarations page. This helps ensure you will get rate comparison quotes based on identical coverages.
The providers in the list below have been selected to offer price comparisons in El Paso, TX. If multiple providers are shown, we recommend you compare several of them to get a more complete price comparison.
Toyota Corolla coverage statistics
The table shown below showcases different coverage prices for Toyota Corolla models. Knowing how insurance policy premiums are established can assist in making smart choices when comparing insurance rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Corolla LE | $252 | $580 | $358 | $22 | $108 | $1,320 | $110 |
| Corolla S | $252 | $580 | $358 | $22 | $108 | $1,320 | $110 |
| Corolla XLE | $252 | $580 | $358 | $22 | $108 | $1,320 | $110 |
| Corolla XRS | $284 | $580 | $358 | $22 | $108 | $1,352 | $113 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, homeowner, and multi-vehicle. Prices do not factor in the specific area where the vehicle is garaged which can increase or decrease price quotes considerably.
Safe drivers pay less for auto insurance
The chart below shows how traffic citations and at-fault fender-benders can influence Toyota Corolla car insurance rates for different categories of driver ages. The costs are based on a single female driver, full physical damage coverage, $100 deductibles, and no discounts are applied to the premium.
Comparison of auto insurance rates by gender and age in El Paso
The illustration below compares Toyota Corolla annual premium costs for male and female drivers. The rates are based on no driving violations, no at-fault accidents, full coverage, $250 deductibles, drivers are not married, and no policy discounts are applied.
Difference between full coverage and liability only rates
The diagram below shows the comparison of Toyota Corolla car insurance costs when comparing full coverage to liability only. The premiums assume no claims, a clean driving record, $100 deductibles, drivers are single, and no additional discounts are factored in.
Guidelines for eliminating full coverage
There is no set guideline for phasing out full coverage on your policy, but there is a general guideline you can use. If the annual cost of comprehensive and collision coverage is more than 10% of the vehicle’s replacement cost less your deductible, then you might want to consider buying only liability coverage.
For example, let’s pretend your Toyota Corolla settlement value is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $3,000 after paying your policy deductible. If premium cost is more than $300 annually for comprehensive and collision coverage, then you may want to consider only buying liability coverage.
There are some cases where eliminating full coverage is not financially feasible. If you still have a lienholder on your title, you have to maintain full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should not eliminate full coverage.
Comparing rates from local El Paso car insurance agents
Some people prefer to talk to an insurance agent and that can be a great decision Most agents can answer important questions and will help you if you have claims. The best thing about getting free rate quotes online is you may find lower prices but still work with a licensed agent. And buying from local agencies is definitely important in El Paso.
To help locate an agent, after submitting this short form, your insurance coverage information is transmitted to agents in your area who will return price quotes and help you find cheaper coverage. You never need to drive around because quoted prices will be sent to you directly. If for some reason you want to compare rates from a specific insurance company, you can always jump over to their website and give them your coverage information.
Insurance agent types
If you want to use a reliable insurance agency, it helps to know the two different types of agencies and how they are distinctly different. El Paso agents may be either independent or exclusive. Both types can write policy coverage, but it’s worth learning the difference in the companies they write for since it could factor into buying decisions.
Independent Agents
Independent insurance agents do not write with just one company and that gives them the ability to insure with many different companies and help determine which has the cheapest rates. If they find a cheaper price, they can switch companies in-house and you don’t have to find a new agent.
When comparing rate quotes, we recommend you get insurance quotes from a few independent agents to have the best price comparison. Most can insure with smaller companies which can save you money.
The following is a small list of independent agencies in El Paso who may provide free price quotes.
- Red Rock Insurance
7500 N Mesa St # 202 – El Paso, TX 79912 – (915) 845-7777 – View Map - Tony Ramos Insurance
7230 Gateway Blvd E H – El Paso, TX 79915 – (915) 599-1678 – View Map - Nationwide Insurance: Damon Scott Crossland Agency
210 Thunderbird Dr t – El Paso, TX 79912 – (915) 584-5480 – View Map
Exclusive Agencies
Exclusive agents can only write with one company and examples are American Family, State Farm, and Allstate. These agents are not able to compare rates from other companies so you need to shop around if the rates are high. These agents receive a lot of sales training in insurance sales which helps them sell insurance even at higher premiums. Consumers often choose to use an exclusive agent mainly due to the brand legacy and strong financial ratings.
Shown below are El Paso exclusive agencies willing to provide price quote information.
- Mike Rosales – State Farm Insurance Agent
1831 N Zaragoza Rd #109 – El Paso, TX 79936 – (915) 921-0812 – View Map - Annette Gallardo Sanders – State Farm Insurance Agent
6351 S Desert Blvd #105 – El Paso, TX 79932 – (915) 877-9020 – View Map - Tom Silverthorn – State Farm Insurance Agent
125 Thunderbird Dr a – El Paso, TX 79912 – (915) 581-3379 – View Map
Deciding on a car insurance agent should depend on more than just the price. Below are some questions you should ask.
- How will an accident affect your rates?
- Do they specialize in personal lines auto insurance in El Paso?
- Are all drivers listed on the coverage quote?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- How much training do they have in personal risk management?
- Is there any savings for paying the full premium?
- How would your car be valued if totaled?
What is the best auto insurance company in Texas?
Choosing the right car insurance company can be challenging considering how many different companies sell coverage in Texas. The company rank data in the lists below may help you decide which car insurance providers you want to consider buying from.
Top 10 El Paso Car Insurance Companies Ranked by Customer Satisfaction
- USAA – 91%
- AAA Insurance – 90%
- Esurance – 90%
- Mercury Insurance – 89%
- Nationwide – 89%
- Travelers – 88%
- Progressive – 88%
- Safeco Insurance – 88%
- State Farm – 88%
- Allstate – 88%
Do the work, save more money
When buying insurance coverage, do not reduce coverage to reduce premium. There are a lot of situations where an insured dropped collision coverage only to regret at claim time that the small savings ended up costing them much more. Your goal is to purchase plenty of coverage at a price you can afford, but do not sacrifice coverage to save money.
In this article, we covered many ideas to shop for Toyota Corolla insurance online. The most important thing to understand is the more companies you get prices for, the better your comparison will be. Consumers may even find the best premium rates are with the smaller companies.
Low-cost Toyota Corolla insurance in El Paso can be sourced from both online companies as well as from independent agents in El Paso, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance companies may not provide rate quotes online and usually these regional insurance providers only sell coverage through independent insurance agencies.
For more information, take a look at the resources below:
- Get the Right Protection (InsureUonline.org)
- Uninsured Motorist Statistics (Insurance Information Institute)
- Eight Auto Insurance Myths (Insurance Information Institute)