We don’t have to point out that fact that insurance companies don’t want their policyholders to compare prices. Consumers who shop around for cheaper rates will probably switch insurance companies because there is a high probability of finding lower rate quotes. Remarkably, a study showed that people who compared price quotes annually saved approximately $3,400 over four years compared to those who never compared prices.
If finding the lowest price on insurance is why you’re reading this, then learning about the best ways to shop for insurance coverage can help you succeed in finding affordable rates.
Truthfully, the best way to find cheaper quotes for Toyota Corolla insurance in Kansas City is to compare prices regularly from providers in Missouri.
- Try to understand how companies price auto insurance and the changes you can make to prevent rate increases. Many factors that are responsible for high rates such as tickets, at-fault accidents, and an unacceptable credit score can be controlled by paying attention to minor details. Keep reading for information to lower rates and find overlooked discounts.
- Compare prices from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can give quotes from one company like Progressive or State Farm, while independent agents can give you price quotes from multiple insurance companies.
- Compare the new quotes to your existing policy and determine if cheaper Corolla coverage is available. If you can save money and buy the policy, verify that coverage does not lapse between policies.
- Provide written notification to your current company to cancel your existing policy. Submit the signed application along with the required initial payment to the new company. When you receive it, place your new certificate of insurance along with the vehicle’s registration papers.
A crucial key to this process is that you’ll want to make sure you compare identical coverages on each quote request and and to get price estimates from as many auto insurance providers as possible. Doing this provides an apples-to-apples comparison and a better comparison of the market.
Buy Kansas City Toyota Corolla insurance online
The are a couple different ways of comparing rates from companies that offer auto insurance in Missouri. The best way to find the lowest Toyota Corolla rates is to perform an online rate comparison.
When quoting auto insurance, remember that getting more free quotes helps improve the odds of finding a lower rate than you’re paying now. Some smaller insurers do not give rate quotes online, so it’s important to compare quotes from those companies as well.
The companies shown below are ready to provide quotes in Kansas City, MO. If multiple companies are listed, we suggest you visit two to three different companies to get the most affordable price.
Affordable rates on Toyota Corolla insurance in Kansas City with these insurance discounts
Insurance is easily one of your largest bills, but there are discounts available that many people don’t even know exist. A few discounts will be applied when you complete an application, but some discounts are required to be requested specifically before you will receive the discount.
- Seat Belts Save more than Lives – Drivers who require all occupants to buckle up before driving can save a little off the PIP or medical payment premium.
- Low Miles Discount – Maintaining low annual mileage could be rewarded with better prices on cars that stay parked.
- Waiver for an Accident – Not really a discount, but some insurance companies permit an accident before your rates go up if you are claim-free for a particular time prior to the accident.
- Senior Discount – Drivers that qualify as senior citizens may be able to get lower premium rates.
- ABS and Traction Control Discounts – Cars equipped with ABS or steering control are much safer to drive and will save you 10% or more on Corolla insurance in Kansas City.
As a disclaimer on discounts, most discounts do not apply to the overall cost of the policy. Most only cut individual premiums such as collision or personal injury protection. So when the math indicates you would end up receiving a 100% discount, it’s just not the way it works.
The information below illustrates the difference between Toyota Corolla yearly insurance costs with and without policy discounts. The information is based on a female driver, no claims or driving citations, Missouri state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, homeowner, multi-car, marriage, safe-driver, and multi-policy discounts applied.
Companies and their possible discounts are detailed below.
- The Hartford may offer discounts for defensive driver, air bag, bundle, vehicle fuel type, driver training, and anti-theft.
- American Family offers premium reductions for good student, bundled insurance, accident-free, defensive driver, good driver, Steer into Savings, and mySafetyValet.
- Progressive offers discounts including good student, multi-policy, online quote discount, multi-vehicle, homeowner, online signing, and continuous coverage.
- Travelers offers discounts for IntelliDrive, payment discounts, hybrid/electric vehicle, multi-car, student away at school, and new car.
- Farmers Insurance may have discounts that include youthful driver, electronic funds transfer, homeowner, switch companies, distant student, early shopping, and business and professional.
- USAA includes discounts for multi-vehicle, annual mileage, defensive driver, family discount, and multi-policy.
- Liberty Mutual has savings for new graduate, preferred payment discount, new vehicle discount, safety features, newly married, and new move discount.
When getting a coverage quote, ask every prospective company which discounts can lower your rates. A few discounts may not be available in every state. To choose insurance companies with discount rates in Missouri, click here to view.
Toyota Corolla insurance analysis
The coverage information shown next outlines estimates of insurance prices for Toyota Corolla models. Having a good grasp of how insurance policy premiums are established helps drivers make decisions when choosing a new policy provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Corolla LE | $220 | $552 | $346 | $20 | $104 | $1,242 | $104 |
| Corolla S | $220 | $552 | $346 | $20 | $104 | $1,242 | $104 |
| Corolla XLE | $220 | $552 | $346 | $20 | $104 | $1,242 | $104 |
| Corolla XRS | $248 | $552 | $346 | $20 | $104 | $1,270 | $106 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Missouri minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, safe-driver, and multi-vehicle. Rate information does not factor in specific Kansas City garaging location which can revise rates substantially.
Should you raise deductibles?
One of the more difficult decisions when buying auto insurance is which comprehensive and collision deductibles to buy. The comparisons below illustrate the price difference when you choose different deductibles. The first data set uses a $250 deductible and the second set of rates uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Corolla LE | $206 | $408 | $266 | $16 | $80 | $1,001 | $83 |
| Corolla S | $206 | $408 | $266 | $16 | $80 | $1,001 | $83 |
| Corolla XLE | $206 | $408 | $266 | $16 | $80 | $1,001 | $83 |
| Corolla XRS | $232 | $408 | $266 | $16 | $80 | $1,027 | $86 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Corolla LE | $128 | $258 | $266 | $16 | $80 | $748 | $62 |
| Corolla S | $128 | $258 | $266 | $16 | $80 | $748 | $62 |
| Corolla XLE | $128 | $258 | $266 | $16 | $80 | $748 | $62 |
| Corolla XRS | $144 | $258 | $266 | $16 | $80 | $764 | $64 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Missouri minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, safe-driver, and homeowner. Prices do not factor in specific location which can decrease or increase coverage prices substantially.
Using the data above, we can ascertain that using a $250 deductible will cost you approximately $21 more each month or $252 every year than buying the higher $1,000 deductible. Since the policyholder would be required to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you have at least 36 months between claims, you would probably come out ahead if you choose the higher deductible. Here’s how you can do this calculation yourself.
| Average monthly premium for $250 deductibles: | $84 |
| Average monthly premium for $1,000 deductibles (subtract): | – $63 |
| Monthly savings from raising deductible: | $21 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $21 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 36 months |
One important note is that increasing deductibles to save money means you will have to pay more at claim time. That will require enough disposable savings in the event you need to pay the deductible for vehicle repair.
The chart below highlights how deductible selection and can influence Toyota Corolla premium costs for each age group. The premiums assume a single male driver, full coverage, and no discounts are applied.
Auto insurance premiums by gender
The chart below visualizes the comparison of Toyota Corolla car insurance costs for male and female drivers. The information is based on no claims or violations, comprehensive and collision coverage, $250 deductibles, drivers are single, and no policy discounts are applied.
Does it make sense to buy full coverage?
The example below compares Toyota Corolla insurance costs with full physical damage coverage compared to only buying liability only. The premiums assume no accidents or driving violations, $250 deductibles, marital status is single, and no policy discounts are applied.
Guidelines for dropping full coverage
There isn’t a written rule for excluding comp and collision coverage, but there is a general guideline. If the yearly cost of full coverage is about 10% or more of the vehicle’s replacement cost less your deductible, then you might consider buying liability only.
For example, let’s assume your Toyota Corolla replacement cost is $3,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $2,000 after paying your policy deductible. If premiums are more than $200 annually for physical damage coverage, then it could be time to drop full coverage.
There are a few cases where removing full coverage is not in your best interest. If you have an outstanding loan on your vehicle, you have to maintain full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should not consider dropping full coverage.
Independent versus exclusive insurance agents
Many drivers still like to get advice from a local agent and doing that can be a smart decision One of the great benefits of price shopping on the web is that you can obtain lower car insurance rates but still work with a licensed agent. And providing support for neighborhood agents is important particularly in Kansas City.
After filling out this short form, the quote information is immediately sent to companies in Kansas City who will give you bids to get your business. There is no need to find an agent due to the fact that quote results will go to you instantly. Get lower rates and an insurance agent to talk to. If you wish to get a comparison quote from a particular provider, feel free to go to their quote page and complete a quote there.
Two types of Kansas City car insurance agents
When researching a reliable agent, you should know the different types of agents and how they work. Agents in Kansas City can either be independent agents or exclusive agents.
Independent Insurance Agents
These agents are not required to write business for one company and that gives them the ability to insure with any number of different companies and find the cheapest insurance rates. If prices rise, the business is moved internally which makes it simple for you.
If you are comparing rate quotes, you will want to include rate quotes from several independent insurance agents for maximum quote selection. They often place coverage with additional companies that you may not be familiar with that can offer cheaper rates than bigger companies.
The following is a list of independent agencies in Kansas City that can possibly get you free rate quotes.
- SIMONE Insurance Agency, LLC
7138 N Norton Ave – Kansas City, MO 64119 – (816) 739-8995 – View Map - Heartland Insurance Agency, Inc.
7301 Mission Rd #242, Prairie Village, KS 66208 – Prairie Village, MO 66208 – (800) 701-5909 – View Map - InsureOne Insurance Agency
3900 Broadway a – Kansas City, MO 64111 – (816) 287-0873 – View Map
Exclusive Insurance Agencies
Agents in the exclusive channel can only provide one company’s prices and some examples include Allstate, AAA, Farmers Insurance, and State Farm. These agents are not able to compare rates from other companies so they have to upsell other benefits. Exclusive insurance agents are very knowledgeable on what they offer which helps offset the inability to provide other markets. Some consumers prefer to use the same agent primarily because of loyalty to the company rather than having the cheapest rates.
Below is a short list of exclusive insurance agencies in Kansas City who can help you get rate quotes.
- Carleton Voorhies – State Farm Insurance Agent
7709 NW Prairie View Rd – Kansas City, MO 64151 – (816) 741-3558 – View Map - Allstate Insurance: Donita Hunt
7501 NW Tiffany Springs Pkwy – Kansas City, MO 64153 – (816) 587-4181 – View Map - Farmers Insurance – Alisha Elliott
851 NW 45th St #301 – Kansas City, MO 64116 – (816) 841-9494 – View Map
Finding the right auto insurance agent is decision based upon more than just the price. These questions are important to ask:
- Do they have cheaper tiers of coverage?
- Does the quote include credit and driving reports?
- Where are claims handled?
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
- Do they specialize in personal lines auto insurance in Kansas City?
- Do they have designations such as AIC, CPCU, or CIC?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
- Will high miles depreciate repair valuations?
Learn How to Get Insurance at a Discount
It’s important that you understand a few of the rating criteria that help determine the rates you pay for insurance. If you understand what determines base rates, this enables informed choices that could help you find lower premium levels. Many things are part of the calculation when premium rates are determined. Some factors are common sense such as traffic violations, but some are not as apparent like your continuous coverage or your vehicle rating.
Drive lots and pay more – The higher the miles on your Toyota annually the more you’ll pay to insure it. A lot of companies calculate prices based on how the vehicle is used. Autos left parked in the garage cost less to insure than those that get driven frequently. Verify your policy states the right rating data, because improper ratings can cost you money. An improperly rated Corolla may be wasting your money.
No policy gaps is important – Driving without insurance is illegal and companies may charge more for letting your coverage lapse. Not only will you pay more, being ticketed for driving with no insurance might get you a hefty fine and possibly a revoked license.
Occupation and insurance rates – Jobs like doctors, business owners, and accountants generally pay higher premiums than the average policyholder attributed to intense work situations and incredibly demanding work hours. On the flip side, jobs like scientists, students and performers get better rates.
Tickets and citations cost more than a fine – How you drive can have a huge impact on auto insurance premiums. Even a single citation can increase the cost of insurance forty percent or more. Attentive drivers pay lower auto insurance prices than people who have multiple driving citations. Drivers with careless violations such as hit and run, DWI or reckless driving convictions may face state-mandated requirements to prove financial responsibility with their state’s licensing department in order to legally drive a vehicle.
The information below illustrates how violations and at-fault fender-benders raise Toyota Corolla annual premium costs for different ages of insureds. The premiums are based on a married male driver, full physical damage coverage, $100 deductibles, and no other discounts are factored in.
Can a thief steal your car? – Owning a car that has an advanced theft prevention system can save you some money. Theft deterrent systems like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems help track and prevent auto theft.
Insurance is expensive for youthful drivers – Teenage drivers in Missouri are statistically shown to be careless and easily distracted with other occupants in the car therefore insurance rates are much higher. Mature drivers have been proven to be more responsible, file fewer claims, and get fewer tickets.
The following data uses these assumptions: single driver, full coverage with $100 deductibles, and no discounts or violations.
Higher deductibles are cheaper – The deductibles define the amount the insured will be required to pay if a covered claim is submitted. Protection for physical damage, also called ‘full coverage’, covers damage that occurs to your car. Some examples of covered claims would be a windshield broken by a bird, animal collisions, and damage from wind. The more of the claim the insured is willing to pay, the lower your rates will be.
Insurance loss probability for a Toyota Corolla – Insurance companies use past insurance losses when setting premium rates. Vehicles that are shown to have higher number or severity of losses will cost more for coverage.
The next table shows the historical insurance loss data for Toyota Corolla vehicles. For each coverage category, the loss probability for all vehicles as a whole is considered to be 100. Values under 100 suggest losses that are better than average, while values that are above 100 indicate higher probability of having a loss or an increased chance of larger losses than average.
| Specific Toyota Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Toyota Corolla | 133 | 111 | 94 | 156 | 158 | 128 |
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Protect your vehicle and other assets
Even though Kansas City Corolla insurance rates can get expensive, insuring your vehicle serves a purpose in several ways.
First, the majority of states have minimum mandated liability insurance limits which means the state requires a specific level of liability protection in order to drive the car. In Missouri these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you took out a loan on your Corolla, almost all lenders will make it a condition of the loan that you have insurance to guarantee payment of the loan. If you do not pay your insurance premiums, the bank or lender will purchase a policy for your Toyota for a much higher rate and require you to pay for the much more expensive policy.
Third, insurance safeguards both your assets and your vehicle. It also can pay for most medical and hospital costs incurred in an accident. Liability coverage, the one required by state law, also pays expenses related to your legal defense in the event you are sued. If your vehicle suffers damage from an accident or hail, comprehensive and collision coverage will pay to have it repaired.
The benefits of buying auto insurance definitely exceed the cost, specifically if you ever have a liability claim. According to a survey of 1,000 drivers, the average driver is wasting up to $800 each year so smart consumers compare quotes at every policy renewal to save money.
Quote. Compare. Save.
You just learned many tips how you can get a better price on Toyota Corolla insurance in Kansas City. The key concept to understand is the more companies you get car insurance rates for, the better your comparison will be. Consumers could even find that the biggest savings come from some of the lesser-known companies.
People who switch companies do it for many reasons like questionable increases in premium, high rates after DUI convictions, poor customer service or delays in paying claims. It doesn’t matter what your reason, finding a new auto insurance company is less work than it seems.
When buying insurance coverage, do not reduce coverage to reduce premium. There are a lot of situations where someone dropped uninsured motorist or liability limits and learned later that the few dollars in savings costed them thousands. Your goal should be to buy a smart amount of coverage at the lowest possible cost but still have enough coverage for asset protection.
Additional articles
- State Laws for Cellphones and Texting (iihs.org)
- Who Has the Cheapest Kansas City Auto Insurance for a Ford Explorer? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for a Kia Optima in Kansas City? (FAQ)
- Who Has Cheap Car Insurance for a Toyota Highlander in Kansas City? (FAQ)
- How Much are Auto Insurance Rates for Teachers in Kansas City? (FAQ)
- Auto Insurance Facts and Statistics (Insurance Information Institute)
- Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)