Victoria Berezhetska What Toyota Corolla‘s Features Are Important To Know for Auto Insurance Consumers?
• Vehicle's Age: Newer Corollas may cost more to insure due to their higher value.
• Driver's Age: Younger drivers often pay more due to lack of experience.
• Location: Rates can vary based on dense traffic areas or car theft prevalence.
• Vehicle Usage: Higher mileage equals higher insurance premiums.
• Safety Features: Corollas are equipped with sophisticated safety features reducing insurance cost.
• Claim History: Prior claims may increase the insurance cost.
• Credit Score: A lower score might adversely impact insurance rates.
Factors such as the driver's gender, marital status, and a history of moving violations also play a role. These factors help insurers gauge potential risk associated with insuring a particular Corolla vehicle.
Main Factors Affecting Toyota Corolla‘s Insurance Cost
The Toyota Corolla comes with a robust set of safety features. It offers the Toyota Safety Sense 2.0 suite. This includes forward collision warning, automatic emergency braking, and lane departure warning. Pedestrian detection and lane tracing assist are also present. Adaptive cruise control and road sign recognition further enhance safety. The vehicle even has an automatic high-beam assistant. It's powered by a 139-horsepower four-cylinder engine. Corolla's fuel efficiency is commendable with a rating of 30 city / 38 highway mpg. The car comes with a spacious cabin and user-friendly technology. Infotainment features include a standard 7-inch touch screen. High-end upgrades include 8-inch touch screen, wireless device charging, and WiFi hotspot. Corolla's high reliability rating and excellent crash test scores contribute to lower insurance premiums. Its resale value remains high, making it a popular choice for American consumers.
How To Get Toyota Corolla Insurance Quotes?
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Victoria is a Senior Content Writer at American REIA. She helps customers find the right educational material through easily-digestible blog posts and buying guides backing their insurance coverage choice. Victoria covers the latest industry news and various insurance topics, including auto, home, health, and life insurance.
