Toyota Corolla insurance group

The Toyota Corolla is one of the popular entry-level vehicles offered by this Japanese manufacturer. It has been available to buy since the late 1960s and has always sold relatively well. This guide will teach you all you need to know about insuring this vehicle.

What insurance group does the Toyota Corolla fall under?

All cars are assigned an insurance group before being made available to buy. These groups range from 1 (cheapest to insure) to 50 (most expensive) and they help insurers calculate a suitable insurance price. Toyota Corolla models range from insurance group 15 to 21, meaning the car insurance will be on the cheap side compared to the average vehicle.

The costs will vary depending on your choice of Toyota Corolla and what group it is assigned to. As an example, a 30-year-old driver in an average postcode could pay around £674 for cover on a Toyota Corolla Icon Hybrid 1.8 VVT-i auto 5d that is in insurance group 15 or around £722 for a Toyota Corolla Excel Hybrid 2.0 VVT-i auto 5d that is in insurance group 21.

• How we got these rates

  These rates are based on the average cost of cover for cars in the insurance groups shown, for drivers of different ages with a Newcastle (NE1) postcode, which our research suggests represents an average for insurance rates in the UK. Updated: June 2024 (source: Confused).

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Toyota Corolla insurance cost by location

Your home address plays a significant role in the size of the insurance premium offered to you. To highlight this fact, here are some average quotes for a 30-year-old living in three different locations. The quotes are for a Toyota Corolla GR Sport 2.0 VVT-i Hybrid 184hp auto 5d.

• Expensive: £1,170 (London SE1)
• Average: £722 (Newcastle NE1)
• Cheap: £763.76 (Galashiels TD1)

• How we got these rates

  These rates are based on the average cost of cover for cars in the locations shown. Our research suggests SE1 is one of the most expensive locations, NE1 represents an average cost location and TD1 represents one of the cheapest locations. Updated: June 2024 (source: Confused).

Which factors affect my Toyota Corolla insurance rate?

Here are some more of the key factors that impact your insurance premium costs:

• Engine type and capacity. Vehicles with larger engines usually cost more to insure. That’s because these vehicles usually cost more to repair or replace. For example, it may cost £1,122 for insurance for a Toyota Corolla Icon 1.2 VVT-i 5d, or you could pay £1,170 for a Toyota Corolla Icon 2.0 VVT-i Hybrid 184hp auto 5d.
• Driver location. If you live in an area where motorists are more likely to make a claim, your premiums will be higher. For example, a 30-year-old in central London may pay £1,122 for insurance for a Toyota Corolla Design 1.2 VVT-i 5d, while the same 30-year-old in Newcastle may only pay £659. This difference stems from the fact that Londoners are more likely to claim on car insurance.
• Driver age. The youngest drivers are most likely to make a claim on their car insurance, and that’s why they are charged far more. As an example, the average 20-year-old driver in London may pay £4,635 for the Toyota Corolla Icon Hybrid 1.8 VVT-i auto 5d, while the average 40-year-old Londoner will only pay £1,203. As you can see, the 20-year-old pays almost double in this scenario and this could be the case for many other vehicles too.

Other factors that influence the cost of your insurance include:

• Your marital status
• Your credit history and job
• Your car’s safety rating score
• The model of your car
• The age of your car
• Your car’s security and any extra anti-theft precautions
• Annual miles driven
• Your car usage
• No claim discount

How can I save on my Toyota Corolla premium?

Whilst car insurance is a necessary legal requirement, you don’t want it leaving you with an empty bank account. When searching for insurance, you’ll want to find the best deal for a price that’s within your budget. There are some tricks you can try to help lower the cost of your premium, and we’ve listed them below.

• Limit your annual mileage (if you can). If you are able to walk or get public transport for some journeys, rather than using your car, you can reduce your annual mileage and lower your premium.
• Pay annually rather than monthly. Whilst it might be scary to part with a large sum of money in one go, paying annually for your car insurance will stop you from having to pay interest on repayments.
• Install extra safety precautions. The safer your car is, the less of a risk it will be for companies to insure. By adding these safety measures, you’ll often be likely to lower your premium.
• Don’t just accept your renewal quote. Don’t just accept the renewal quote offered by your existing insurer. There may be cheaper options out there.

Bottom line

Considering its status by as an entry-level vehicle, you’ll pay a lot to insure a Toyota Corolla. Still, you’ll be able to reduce your premiums by following the tips in this guide.

Frequently asked questions

• What is the top speed of a Toyota Corolla?

  Depending on the model version, Toyota Corollas can reach top speeds of 124mph.

• Is the Toyota Corolla safe?

  The Toyota Corolla received a 5-star rating in its Euro NCAP crash tests. It rated at 95% for protecting adult occupants and 84% for protecting child occupants.

• How much car tax do I have to pay for the Toyota corolla?

  The UK standard car tax rate sites at £150 per year. However, you might pay more or less depending on your car’s emissions.

• Where can I buy a Toyota Corolla?

  These vehicles are available to buy from dealerships, online sellers or previous owners across the UK.

• What engine size is the Toyota Corolla?

  Engine sizes range from 1.2 litres all the way up to 2.0 litres.

• Is the Toyota Corolla any good?

  For a small affordable family car, this vehicle does a lot of things right. It’s not the most powerful or glamorous car on the road, but for this price point it is a great car.

• Where can I find Toyota Corolla car insurance?

  You can compare the costs of insuring a Toyota Corolla using any price comparison websites.

• Is a Toyota Corolla expensive to insure?

  Toyota Corolla models appear in insurance groups ranging from 15 to 21, meaning this car is cheaper to insure than the average vehicle.

Written by

Danny Butler

Publisher

Danny is a publisher at Finder specialising in insurance and investing. He previously worked at the global insurer Aon and has appeared in national media giving advice on insurance. Danny holds a BA in International Business from the University of Plymouth and has undying loyalty to his average-poor football team, Portsmouth FC. See full bio

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Danny has written 335 Finder guides across topics including:

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