How much is insurance on a Toyota Corolla?

A 2024 Toyota Corolla runs about $2,070 a year for a typical 45-year-old, $130 more than an average car of the same age, because of more injury claims and more damage to others' property. Putting a new 16-year-old on a family policy with the Corolla adds about $1,370 a year (#6 of 12 small four-door cars we compare).

2024 Toyota Corolla (Corolla), national average

about $2,070 a year (about $175 a month)

Estimated range: $1,500–$2,800. Actual quotes can fall outside it.

An average car of the same age (what HLDI's 2022–24 results measure against) runs about $1,940 a year. A used 2013 Corolla drops to about $1,740 (see the table below).

A Toyota Corolla from the 2019–present generation. Photo: AnalyserOP, CC BY 4.0, via Wikimedia Commons, cropped (credits).

Priced for the 2024 Corolla, the newest year covered by HLDI's loss data (2022–24 models), for a 45-year-old driver with a clean record and full coverage. HLDI's results combine drivers of all ages. We apply them to one example driver (a 45-year-old with a clean record) so pages are comparable; they aren't specific to 45-year-olds. Each state raises or lowers every car's price by the same percentage, so the Corolla's rank is the same in every state.

Why the Toyota Corolla costs what it does

What HLDI reports (2022–24 models, all drivers combined)

The Highway Loss Data Institute (HLDI) compares each model's insurance losses with an average car's. For the Toyota Corolla, on HLDI's scale where 100 is an average car and lower is better, it reports 102 for crash repairs, 89 for non-crash damage, 114 for damage to others' property, and 137 for injury claims.

Crash repairs (collision)fixing this car after a crashAverage2% worse than average3rd best of the 12 small four-door cars we compare
Non-crash damage (comprehensive)theft, weather, fire, vandalism, glass, and animal strikesAverage11% better than average6th best of the 12 small four-door cars we compare
Damage to others' property (property damage liability)other people's cars and property, when this car's driver is at faultAverage14% worse than average6th best of the 12 small four-door cars we compare
Injuries to others (bodily injury liability)how often injury claims are filed against this car's drivers, not how much they costWorse than averagefiled 37% more often than average6th best of the 11 small four-door cars we compare

HLDI's ratings, best to worst:Substantially better than averageBetter than averageAverageWorse than averageSubstantially worse than averageInsufficient data

HLDI rates results within about 20% of average as “Average.”

Source: HLDI, insurance losses by make and model, 2022–24 models.

What we estimate that means for price

Prices move less than loss results do: a car's loss record is only one of many things insurers weigh, and each weighs it differently. So we count only part of HLDI's difference. Combining crash repairs and non-crash damage (weighted about 71% and 29%, the share each makes up of industry claim costs), the Corolla comes out about 2% better than average. So the part of the bill that fixes the car is about 1% less than average: about $940 a year vs $950. On the liability side, damage to others and injury claims combine to about 27% worse than average. We count about half, so that part is about 14% more: $1,130 a year vs $990.

How the math works

In EPA size classes, the Corolla is a small car (gas-powered). In Highway Loss Data Institute loss tables, the Toyota Corolla is benchmarked against small four-door cars.

Matched to HLDI series “Toyota Corolla” (HLDI, 2022–24 models).

A used Toyota Corolla, by model year

One model year per age group. Liability only: no coverage for the car itself. Teen columns: a new 16-year-old. Each row uses the HLDI report that covers that model year.
Model year	Full coverage	Liability only	Adding a teen	Teen on their own policy
2024 Corolla (0–3 years old)	about $2,070	about $1,130	+$1,370	about $5,950
2022 Corolla (4–7 years old)	about $1,960	about $1,130	+$1,290	about $5,630
2018 Corolla (8–12 years old)	about $1,730	about $1,010	+$1,140	about $4,960
2013 Corolla (13 or more years old)	about $1,740	about $1,100	+$1,150	about $4,980

Our catalog covers the Toyota Corolla across model years 2006–2027. Full coverage on a used 2013 Corolla (13 or more years old) runs about $1,740 a year, $340 less than on a 2024. Dropping collision and comprehensive on that 2013 brings liability-only coverage to about $1,100 a year. Each photo shows that year's generation of the car. Photo credits.

Across 2024 Toyota Corolla trims, full coverage goes from about $1,980 a year on the Corolla Hatchback to about $2,110 on the Corolla Hybrid, because HLDI's loss results differ by body, drive, or powertrain.

Corolla Hatchback; Corolla Hatchback XSE: about $1,980
Corolla Hybrid AWD: about $1,990
Corolla: about $2,070
Corolla Hybrid: about $2,110

On a policy of their own with a 2024 Toyota Corolla, a 22–25-year-old pays about $2,700 a year ($620 more than a 45-year-old), a 26–39-year-old about $2,300, and a driver 65 and older about $2,180.

Adding a 16-year-old with a Toyota Corolla

A new driver costs more with any car, and more than usual with the Toyota Corolla: adding a 16-year-old raises the family bill by about $1,370 a year ($115 a month), $90 more than adding a teen with an average car of the same age. A separate policy in the 16-year-old's own name runs about $5,950 a year ($4,580 more than adding them to the family policy).

For adding a teen driver, the Toyota Corolla ranks 32nd most expensive out of all 121 models we track. Stepping down to a used 2013 Corolla (13 or more years old) brings the teen add-on to about $1,150 a year.

That increase is how much the family bill goes up with a new 16-year-old driving this car. Cheapest cars to insure for a teen.

Similar small four-door cars

Among these 12 small four-door cars, the Toyota Corolla is the 6th least expensive to insure. Right next to it are the Mazda 3 (about $2,030 a year) and the Honda Civic (about $2,150).

Photos from Wikimedia Commons contributors. Photo credits.

What a Toyota Corolla costs in your state

In six sample states, a 2024 Toyota Corolla runs from about $1,380 a year in Vermont through Kansas, Illinois, Oklahoma and Nevada to about $2,730 in New York:

Vermontabout $1,380/yr · +$910 teen
Kansasabout $1,700/yr · +$1,120 teen
Illinoisabout $1,810/yr · +$1,200 teen
Oklahomaabout $1,910/yr · +$1,260 teen
Nevadaabout $2,300/yr · +$1,520 teen
New Yorkabout $2,730/yr · +$1,800 teen

All 50 states and DC · Updated November 5, 2026.

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