Rates updated March 2026Based on state insurance filingsOur methodology โ†’
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2024 Toyota Corolla: Insurance & Ownership Costs

Quick Answer

The 2024 Toyota Corolla costs an average of $151/month to insure (full coverage). 5-year total cost of ownership: $30,933 ($516/month).

โœ“ Updated March 2026โœ“ Based on state insurance filings

MSRP

$22,995

Avg Insurance

$151/mo

MPG Combined

35

Safety Rating

5/5

Toyota Corolla Insurance by State

StateFull CoverageMonthly
Alabama$1,691/yr$141/moDetails
Alaska$1,591/yr$133/moDetails
Arizona$1,918/yr$160/moDetails
Arkansas$1,736/yr$145/moDetails
California$2,157/yr$180/moDetails
Colorado$1,940/yr$162/moDetails
Connecticut$2,224/yr$185/moDetails
Delaware$1,950/yr$163/moDetails
Florida$3,523/yr$294/moDetails
Georgia$2,218/yr$185/moDetails

These are estimates based on state averages. Your exact rate depends on your specific profile.

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5-Year Total Cost of Ownership

Depreciation

$9,198

Insurance

$9,060

Fuel

$6,600

Maintenance

$1,810

Financing

$3,905

Registration

$360

5-Year Total Cost

$30,933

$516/month | $0/mile

See Full Cost Breakdown โ†’