2000 Toyota Camry Insurance Rates

Want better auto insurance rates for your Toyota Camry? Paying for pricey Toyota Camry insurance can stress out your personal savings and make it impossible to make ends meet. Performing a rate comparison is a smart way to make sure you’re not throwing money away.

Many insurance companies compete for your insurance dollar, and it can be difficult to compare rates and get the best coverage at the best rate

It’s a great practice to price shop coverage periodically because auto insurance prices fluctuate regularly. Just because you had the best deal for Camry insurance six months ago you may be paying too much now. Forget anything you know (or think you know) about auto insurance because you’re about to find out the only way to get good coverage at a lower rate.

If you currently have car insurance, you will be able to save some money using these techniques. Finding affordable coverage is easy if you know what you’re doing. Nevertheless, drivers do need to understand how the larger insurance companies sell insurance online and take advantage of how the system works.

Earn discounts to get lower-cost insurance rates

Car insurance companies don’t always publicize their entire list of discounts very clearly, so we break down some of the more common and the more hidden savings tricks you should be using when you buy insurance online.

  • Theft Prevention System – Vehicles equipped with tracking devices and advanced anti-theft systems help deter theft so companies will give you a small discount.
  • Safe Driver Discount – Drivers who avoid accidents could pay up to 40% less for Camry insurance than drivers with accident claims.
  • Multi-policy Discount – If you have multiple policies with the same insurance company you may earn up to 20% and get you cheaper insurance.
  • Multi-Vehicle Discounts – Having several vehicles with one company may reduce the rate for each vehicle.
  • Distant College Student Discount – Children who live away from home at college and do not have a car could qualify for this discount.
  • Discount for New Cars – Buying insurance coverage on a new vehicle is cheaper because new model year vehicles have to meet stringent safety requirements.
  • Air Bags and Passive Restraints – Options like air bags or automatic seat belts may qualify for discounts of up to 25% or more.

We need to note that most credits do not apply to your bottom line cost. Most only apply to the cost of specific coverages such as collision or personal injury protection. Despite the appearance that adding up those discounts means a free policy, company stockholders wouldn’t be very happy.

Companies and their offered discounts are included below.

  • Progressive discounts include good student, online quote discount, continuous coverage, multi-vehicle, and homeowner.
  • MetLife may include discounts for accident-free, good driver, good student, claim-free, multi-policy, defensive driver
  • Mercury Insurance has savings for anti-theft, good driver, good student, ease of repair, and type of vehicle.
  • Nationwide offers premium reductions for good student, defensive driving, easy pay, multi-policy, anti-theft, and family plan.
  • GEICO has discounts for federal employee, multi-vehicle, military active duty, emergency military deployment, daytime running lights, good student, and five-year accident-free.
  • AAA may have discounts that include multi-car, good driver, anti-theft, pay-in-full, and AAA membership discount.

Double check with all the companies which discounts can lower your rates. All car insurance discounts may not be offered in your area.

How to compare car insurance quotes

There are a lot of ways to compare car insurance quotes, and some are less labor-intensive and much quicker. You could waste time driving to insurance companies in your area, or you could save time and use the web for quick rates.

Most major companies enroll in a system that allows shoppers to submit their information once, and at least one company returns a rated price. This system prevents you from having to do form submissions to every company.

To submit your quote information now, click to open in new window.

The one disadvantage to using this type of system is that you can’t choose which insurance companies to get pricing from. So if you prefer to choose from a list of companies to compare rates, we have a page of car insurance companies in your area. Click to view list.

It doesn’t matter which method you choose, just make sure you compare nearly identical coverage limits for each comparison quote. If you have different liability limits you will not be able to truly determine the lowest rate. Having just a slight variation in limits may result in large price differences. Just keep in mind that making a lot of price comparisons helps locate better pricing.

What determines Toyota Camry insurance prices?

Many factors are used in the calculation when you get your auto insurance bill. Some of the criteria are obvious such as traffic violations, but some are more transparent such as whether you are married or how safe your car is.

Shown below are just a few of the factors auto insurance companies consider when setting your prices.

  • Car insurance liability limits – Your auto insurance policy’s liability coverage kicks in if ever you are found liable for causing damage or personal injury in an accident. Liability provides for a legal defense which can be incredibly expensive. Carrying liability coverage is mandatory and cheap when compared to the cost of physical damage coverage, so do not cut corners here.
  • Reduce auto insurance rates by staying claim free – Auto insurance companies award discounts to people who are not frequent claim filers. If you are the type of insured that files lots of claims you can definitely plan on either higher rates or even cancellation. Auto insurance is meant to be used in the event of claims that pose a financial burden.
  • Use one insurance company and save – Most major insurers give lower prices to customers who have multiple policies with them. It’s known as a multi-policy discount. The discount can be as much as ten percent or more Even if you qualify for this discount already, it’s still a good idea to compare other company rates to guarantee you are still saving the most.There is a chance you can save more without the discount by splitting coverages up.
  • Drive a safer car and pay less – Cars with high safety ratings tend to have lower insurance rates. Safer cars have better occupant injury protection and better occupant protection means less claims paid and lower rates for you.
  • Battle of the sexes – Statistics demonstrate that females tend to be a little less risky than males. The data does not necessarily mean that females are better at driving than males. They both cause auto accidents in similar percentages, but the male of the species cause more damage and cost insurance companies more money. Not only that, but men also have more aggressive citations such as DWI and reckless driving.
  • Discounts for married drivers – Having a spouse actually saves money on your policy. Having a significant other generally demonstrates drivers are more financially stable and insurance companies like that married drivers tend to file fewer claims.
  • Responsible drivers pay less – Good drivers have lower premiums than their less careful counterparts. Just one speeding ticket or other violation may cause rates to rise by as much as twenty percent. People who have license-revoking violations such as DUI, reckless driving or excessive speeding may find that they have to to file a SR-22 with their state’s licensing department in order to continue driving.
  • Rates can be impacted by your vocation – Occupations like doctorsairline pilots and financial analysts tend to have higher premiums than the average policyholder attributed to intense work situations and long work days. On the flip side, professions such as farmers, engineers and homemakers pay lower than average rates for Camry insurance.

Tailor your auto insurance coverage to you

When it comes to buying adequate coverage, there isn’t really a cookie cutter policy. Every insured’s situation is different and your policy should reflect that. Here are some questions about coverages that may help highlight if your insurance needs would benefit from an agent’s advice.

  • Does my 2000 Toyota Camry qualify for pleasure use?
  • Do I need PIP coverage since I have good health insurance?
  • Is a new car covered when I drive it off the dealer lot?
  • Where can I find DUI or SR-22 insurance?
  • Am I covered when pulling a rental trailer?
  • Am I covered if my car is in a flood?

If you can’t answer these questions, then you may want to think about talking to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area.

Auto insurance coverages and their meanings

Learning about specific coverages of your auto insurance policy aids in choosing the best coverages for your vehicles. Auto insurance terms can be confusing and reading a policy is terribly boring. Below you’ll find the usual coverages offered by auto insurance companies.

Medical costs insurance

Coverage for medical payments and/or PIP reimburse you for bills for surgery, X-ray expenses and nursing services. The coverages can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision insurance

This covers damage to your Camry resulting from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as hitting a parking meter, sustaining damage from a pot hole, colliding with another moving vehicle, backing into a parked car and driving through your garage door. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to raise the deductible to bring the cost down.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as damage to your Toyota Camry.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Auto liability insurance

Liability insurance provides protection from damages or injuries you inflict on other people or property by causing an accident. It protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.

Liability coverage protects against claims like legal defense fees, medical expenses, attorney fees, pain and suffering and loss of income. How much liability coverage do you need? That is your choice, but buy as high a limit as you can afford.

Comprehensive or Other Than Collision

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as hail damage, rock chips in glass, damage from getting keyed and theft. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Find Good Coverage for Less

A few companies do not offer price quotes online and most of the time these regional carriers only sell through independent insurance agencies. Lower-priced insurance can be sourced online in addition to local insurance agencies, and you should be comparing both to get a complete price analysis.

In this article, we presented a lot of tips how to save on 2000 Toyota Camry insurance. The key thing to remember is the more price quotes you have, the better your comparison will be. Consumers could even find that the lowest rates are with the least-expected company. These companies may often insure only within specific states and give getter rates as compared to the big name companies such as Progressive and GEICO.

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