Prachi Singh Written by Prachi Singh
Contributing Researcher

Prachi is an insurance writer with a master's degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.


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Insurance.com research suggests that the cost of insuring a Toyota Corolla is estimated to be around $1,983 annually or $165 monthly. It's important for drivers to consider these rates when assessing their insurance needs. These rates can increase based on your driving record, location, age, and other factors.

Auto insurance rates vary depending on the model year. For instance, average car insurance rates for a 2023 Toyota Corolla costs $1,983 per year, while its 2022 equivalent costs $1,788 per year.

Regardless of your chosen model year, you can find a competitive carrierAn insurance carrier is the company that provides your car insurance policy and pays claims. that meets your needs and budget. Insurance.com conducted data analysis and discovered which cars offer the most affordable insurance rates based on model year and whether one specific model is cheaper to insure than others.

Read on to learn in detail about these cost-effective auto policies for Toyota Corolla.

Average insurance cost of Toyota Corolla by model year

Year of Toyota Corolla modelAverage cost to insure
2023$1,983
2022$1,788
2021$1,673
2020$1,844
2019$1,765
Data updated in 2024
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Compare Toyota Corolla insurance rates by state

L O A D I N G
CompanyStyleAverage annual premium
State Farm2WD 4 Door Sedan CVT$1,704
State Farm4WD 4 Door Sedan CVT$1,704
Geico2WD 4 Door Sedan CVT$2,310
Geico4WD 4 Door Sedan CVT$2,310
Nationwide2WD 4 Door Sedan CVT$2,779
Nationwide4WD 4 Door Sedan CVT$2,779
Progressive2WD 4 Door Sedan CVT$3,173
Progressive4WD 4 Door Sedan CVT$3,173
Allstate2WD 4 Door Sedan CVT$4,051
Allstate4WD 4 Door Sedan CVT$6,649
Data updated in 2024

Toyota Corolla insurance rates per year

2023

2023 Toyota Corolla insurance rates

Average cost to insure $1,983
Annual cheapest rate $1,337
Available trims Cross L, Cross LE, Cross XLE, Hatchback SE, Hatchback XSE, Hybrid LE, Hybrid SE, Hybrid SE Infrared, Hybrid XLE, LE, SE, XSE
RankCompanyAverage annual premium
1State Farm$1,337
2Geico$1,574
3Nationwide$1,874
4Progressive$1,933
5Farmers$2,539
6Allstate$2,638
Data updated in 2024
2022

2022 Toyota Corolla insurance rates

Average cost to insure $1,788
Annual cheapest rate $1,096
Available trims Cross L, Cross LE, Cross XLE, Hatchback SE, Hatchback XSE, Hybrid LE, Hybrid SE, Hybrid SE Infrared, Hybrid XLE, LE, SE, XSE
RankCompanyAverage annual premium
1State Farm$1,096
2Geico$1,216
3Progressive$1,666
4Farmers$2,069
5Allstate$2,304
6Nationwide$2,375
Data updated in 2024
2021

2021 Toyota Corolla insurance rates

Average cost to insure $1,673
Annual cheapest rate $1,025
Available trims Cross L, Cross LE, Cross XLE, Hatchback SE, Hatchback XSE, Hybrid LE, Hybrid SE, Hybrid SE Infrared, Hybrid XLE, LE, SE, XSE
RankCompanyAverage annual premium
1State Farm$1,025
2Geico$1,233
3Progressive$1,349
4Nationwide$1,774
5Farmers$2,253
6Allstate$2,406
Data updated in 2024
2020

2020 Toyota Corolla insurance rates

Average cost to insure $1,844
Annual cheapest rate $1,170
Available trims Cross L, Cross LE, Cross XLE, Hatchback SE, Hatchback XSE, Hybrid LE, Hybrid SE, Hybrid SE Infrared, Hybrid XLE, LE, SE, XSE
RankCompanyAverage annual premium
1State Farm$1,170
2Geico$1,358
3Progressive$1,653
4Farmers$2,001
5Nationwide$2,241
6Allstate$2,643
Data updated in 2024
2019

2019 Toyota Corolla insurance rates

Average cost to insure $1,765
Annual cheapest rate $1,153
Available trims Cross L, Cross LE, Cross XLE, Hatchback SE, Hatchback XSE, Hybrid LE, Hybrid SE, Hybrid SE Infrared, Hybrid XLE, LE, SE, XSE
RankCompanyAverage annual premium
1Geico$1,153
2State Farm$1,205
3Nationwide$1,748
4Progressive$1,821
5Allstate$2,224
6Farmers$2,437
Data updated in 2024
2018

2018 Toyota Corolla insurance rates

Average cost to insure $1,715
Annual cheapest rate $1,067
Available trims Cross L, Cross LE, Cross XLE, Hatchback SE, Hatchback XSE, Hybrid LE, Hybrid SE, Hybrid SE Infrared, Hybrid XLE, LE, SE, XSE
RankCompanyAverage annual premium
1Geico$1,067
2State Farm$1,245
3Nationwide$1,719
4Progressive$1,795
5Allstate$2,091
6Farmers$2,371
Data updated in 2024
2017

2017 Toyota Corolla insurance rates

Average cost to insure $1,691
Annual cheapest rate $1,054
Available trims Cross L, Cross LE, Cross XLE, Hatchback SE, Hatchback XSE, Hybrid LE, Hybrid SE, Hybrid SE Infrared, Hybrid XLE, LE, SE, XSE
RankCompanyAverage annual premium
1Geico$1,054
2State Farm$1,241
3Nationwide$1,745
4Progressive$1,775
5Allstate$2,000
6Farmers$2,331
Data updated in 2024
2016

2016 Toyota Corolla insurance rates

Average cost to insure $1,688
Annual cheapest rate $1,080
Available trims Cross L, Cross LE, Cross XLE, Hatchback SE, Hatchback XSE, Hybrid LE, Hybrid SE, Hybrid SE Infrared, Hybrid XLE, LE, SE, XSE
RankCompanyAverage annual premium
1Geico$1,080
2State Farm$1,216
3Progressive$1,743
4Nationwide$1,800
5Allstate$1,926
6Farmers$2,364
Data updated in 2024
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