How Much Does 1990 Toyota Camry Car Insurance Cost?

Looking for cheaper auto insurance rates? Shoppers have many options when shopping for affordable Toyota Camry insurance. You can either spend your time calling around to get rate comparisons or utilize the internet to make rate comparisons. There are both good and bad ways to find auto insurance online and we’ll show you the proper way to quote coverages for a new or used Toyota and obtain the lowest possible price either online or from local insurance agents.

It’s a great practice to compare prices yearly because prices are rarely the same from one policy term to another. Even if you got the lowest quotes for Camry coverage a couple years back you may be paying too much now. You can find a lot of wrong information about auto insurance online, but in this article, you’re going to get some guaranteed methods to lower your auto insurance rates.

How to compare auto insurance quotes

There are a variety of methods to compare auto insurance prices but there is one way that is less labor-intensive and much quicker. You can waste a lot of time discussing policy coverages with insurance agencies in your area, or you could use online quotes to get pricing more quickly.

The majority of car insurance companies take part in a program where insurance shoppers only type in their quote data once, and at least one company then gives them pricing. This saves time by eliminating repetitive form submissions to each company. To fill out one form to compare multiple rates now click here to start a free quote.

The only drawback to doing it this way is you are unable to specify which providers to get pricing from. So if you want to select from a list of companies to receive pricing from, we have a page of low cost auto insurance companies in your area. Click here to view list.

How you compare quotes is your choice, just make darn sure you compare nearly identical coverage limits and deductibles on every quote. If you are comparing higher or lower deductibles you will not be able to determine the lowest rate for your Toyota Camry.

Verify you’re receiving every discount

Car insurance is not cheap, but you may be missing some discounts that can drop the cost substantially. Many discounts should be triggered at the time of quoting, but lesser-known reductions have to be manually applied prior to getting the savings.

  • Theft Deterent – Cars with anti-theft systems are less likely to be stolen and qualify for as much as a 10% discount.
  • Passenger Safety Discount – Vehicles equipped with air bags and/or automatic seat belt systems can get savings up to 30%.
  • Safety Course Discount – Taking part in a class that teaches defensive driver techniques may get you a small discount and easily pay for the cost of the class.
  • Discounts for Cautious Drivers – Drivers without accidents may receive a discount up to 45% for Camry coverage than their less cautious counterparts.
  • Lower Rates for Military – Having a family member in the military may lower your car insurance rates slightly.
  • Telematics Discount – Insureds that choose to allow driving data collection to spy on their driving habits by using a telematic data system such as State Farm’s In-Drive might get better premium rates if their driving habits are good.
  • Bundled Policy Discount – If you insure your home and vehicles and insure them with the same company you may earn approximately 10% to 15%.

It’s important to understand that many deductions do not apply to the overall cost of the policy. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. Despite the appearance that adding up those discounts means a free policy, you won’t be that lucky.

A few popular companies and their offered discounts are:

  • GEICO discounts include good student, seat belt use, military active duty, multi-policy, federal employee, and anti-lock brakes.
  • MetLife offers premium reductions for multi-policy, good student, defensive driver, good driver, and accident-free.
  • Progressive includes discounts for continuous coverage, multi-vehicle, online signing, homeowner, good student, online quote discount, and multi-policy.
  • Travelers may offer discounts for multi-car, hybrid/electric vehicle, early quote, continuous insurance, and payment discounts.
  • SAFECO offers discounts for teen safe driver, anti-theft, bundle discounts, anti-lock brakes, accident prevention training, safe driver, and homeowner.
  • AAA may have discounts that include multi-car, anti-theft, good driver, multi-policy, and education and occupation.

When getting a coverage quote, ask every prospective company what discounts are available to you. Some of the earlier mentioned discounts may not be available in your area. If you would like to see a list of insurers that offer discounts, click here.

The Toyota Camry insurance premium equation

When buying auto insurance it’s important to understand the rating factors that help determine your policy premiums. When you understand what determines base rates, this allows you to make educated decisions that will entitle you to lower rates. Many things are part of the calculation when quoting car insurance. Some factors are common sense like an MVR report, although some other factors are more obscure such as your marital status or your vehicle rating.

  • Incidental coverages you don’t use – Insurance policies have a lot of additional extra coverages that may not really be needed on your Camry policy. Coverages like rental car reimbursement, accident forgiveness, and Farm Bureau memberships could be just wasting money. The coverages may be enticing when buying your policy, but if they’re wasting money remove them from your policy.
  • Use one insurance company and save – Many insurers afford discounts to customers that purchase more than one policy such as combining an auto and homeowners policy. Even with this discount applied, you still need to compare other insurance prices to confirm you are receiving the best rates possible. It’s possible to still find better rates by buying auto insurance from a different company.
  • Know your vehicle’s crash test rating – Vehicles that have high safety ratings get lower rates. Vehicles built for safety protect occupants better and better occupant protection means lower claim amounts and thus lower rates.
  • Raise deductibles and save – Deductibles for physical damage define the amount you are willing to pay out-of-pocket if the claim is covered. Physical damage insurance, also known as collision and other-than-collision, insures against damage to your car. A few examples of covered claims are collision with another vehicle, damage caused by hail, or theft of your vehicle. The more of the claim you have to pay, the better rate you will receive for Camry coverage.
  • Continuous coverage lowers rates – Allowing your auto insurance policy to lapse is a fast way to increase your auto insurance rates. In addition to paying higher premiums, failure to provide proof of insurance may earn you a hefty fine and possibly a revoked license. You may then be required to provide proof of insurance in the form of an SR-22 filing with your state department of motor vehicles.
  • Poor credit can mean higher prices – Having a good credit score is a large factor in determining your rates. People that have very good credit scores tend to be less risk to insure as compared to drivers with poor credit scores. Therefore, if your credit history is not that good, you could save money insuring your 1990 Toyota Camry by improving your credit score.
  • Optional features that lower premiums – Owning a car with a theft deterrent system can help lower your rates. Advanced theft deterrents like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart car theft.

When should I discuss my situation with an agent?

When it comes to choosing coverage, there is no single plan that fits everyone. Everyone’s situation is a little different.

For instance, these questions can help discover whether your personal situation would benefit from an agent’s advice.

  • Am I covered if I wreck a rental car?
  • What is no-fault insurance?
  • Does car insurance cover theft of personal property?
  • Is pleasure use cheaper than using my 1990 Toyota Camry to commute?
  • What is an SR-22 filing?
  • Will my insurance pay for OEM parts?
  • I have a DUI can I still get coverage?
  • Are rock chip repairs covered?
  • What is roadside assistance coverage?
  • Is my teen driver covered when they drive my company car?

If you can’t answer these questions, you might consider talking to a licensed agent. To find an agent in your area, simply complete this short form. It’s fast, free and may give you better protection.

The coverage is in the details

Having a good grasp of a insurance policy helps when choosing the right coverages and proper limits and deductibles. Insurance terms can be difficult to understand and nobody wants to actually read their policy.

Collision insurance

Collision insurance pays to fix your vehicle from damage caused by collision with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as scraping a guard rail, crashing into a ditch, hitting a mailbox, sustaining damage from a pot hole and colliding with another moving vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to choose a higher deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP provide coverage for immediate expenses for chiropractic care, pain medications, dental work, nursing services and hospital visits. They are often used to fill the gap from your health insurance policy or if you do not have health coverage. It covers all vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Liability

Liability insurance protects you from damage or injury you incur to other’s property or people in an accident. This insurance protects YOU from claims by other people, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 25/50/25 which means $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability coverage pays for claims like medical expenses, court costs, repair costs for stationary objects, legal defense fees and medical services. The amount of liability coverage you purchase is up to you, but you should buy as high a limit as you can afford.

Comprehensive insurance

This coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as damage from getting keyed, rock chips in glass and fire damage. The maximum amount a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Save for a rainy day

Consumers switch companies for a variety of reasons including high rates after DUI convictions, extreme rates for teen drivers, policy non-renewal and delays in responding to claim requests. No matter why you want to switch, finding the right insurance provider is pretty easy and you might even save some money in the process.

Some insurance companies may not provide online price quotes and most of the time these regional insurance providers only sell coverage through local independent agents. Cheap 1990 Toyota Camry insurance is possible online and with local insurance agents, and you need to comparison shop both to have the best selection.

As you shop your coverage around, never skimp on coverage in order to save money. There have been many situations where someone dropped liability limits or collision coverage only to find out that their decision to reduce coverage ended up costing them more. The ultimate goal is to buy enough coverage at an affordable rate, but do not sacrifice coverage to save money.

Additional insurance information is available below: