Lower Your 2002 Toyota Camry Solara Insurance Quotes

Vehicle owners that are new to shopping for car insurance online may discover sourcing low cost car insurance is more work than they thought.

Finding the lowest cost car insurance is simple if you know the tricks. In a nutshell, every driver who has to buy car insurance stands a good chance to be able to cut their insurance bill. But car owners must learn how the larger insurance companies price insurance differently and use this information to your advantage.

Insurance coverage discounts are available to lower your rates

Insuring your fleet can be pricey, but companies offer discounts that may help make it more affordable. Most are applied at quote time, but some discounts are required to be inquired about before you will receive the discount.

  • Resident Student – Any of your kids who are enrolled in higher education away from home without a vehicle on campus may qualify for this discount.
  • Seat Belts Save more than Lives – Drivers who always wear seat belts and also require passengers to use their safety belts could save 15% off the PIP or medical payment premium.
  • Save with More Vehicles Insured – Purchasing coverage when you have primary and secondary vehicles with one company may reduce the rate for each vehicle.
  • Driver Education Discount – Reduce the cost of insurance for teen drivers by having them enroll and complete driver’s education as it will make them better drivers and lower rates.
  • Discount for Life Insurance – Some insurance coverage companies give a discounted insurance coverage rate on car insurance if you buy some life insurance too.
  • Multi-policy Discount – If you can bundle your homeowners and auto insurance and insure them with the same company they may give you a discount of as much as 10 to 15 percent.
  • Data Collection Discounts – People who choose to allow driving data collection to track driving manner by using a telematic data system such as Progressive’s Snapshot might see lower rates as long as they are good drivers.
  • Discount for New Cars – Buying a new car model may earn a small discount because new vehicles have to meet stringent safety requirements.
  • Senior Citizen Rates – If you qualify as a senior citizen, you can get better insurance coverage rates on Camry Solara insurance.
  • Passive Restraints and Air Bags – Options like air bags or automatic seat belts may qualify for discounts of more than 20%.

One last thing about discounts, most discount credits are not given to your bottom line cost. Most only cut specific coverage prices like comp or med pay. Even though it may seem like you can get free auto insurance, it just doesn’t work that way.

A few popular companies and their offered discounts are outlined below.

  • Progressive offers premium reductions for multi-policy, continuous coverage, online quote discount, homeowner, online signing, multi-vehicle, and good student.
  • MetLife discounts include accident-free, defensive driver, multi-policy, good driver, good student, and claim-free.
  • Mercury Insurance policyholders can earn discounts including type of vehicle, good driver, multi-car, low natural disaster claims, professional/association, and multi-policy.
  • Nationwide may offer discounts for good student, accident-free, Farm Bureau membership, defensive driving, easy pay, and family plan.
  • GEICO offers discounts for anti-theft, federal employee, emergency military deployment, defensive driver, and military active duty.
  • AAA includes discounts for good driver, good student, anti-theft, pay-in-full, multi-car, and education and occupation.

It’s a good idea to ask every prospective company the best way to save money. Some of the earlier mentioned discounts may not be offered in your area. To locate companies with the best insurance coverage discounts, click here.

Everyone needs different car insurance coverages

When buying proper insurance coverage, there isn’t really a single plan that fits everyone. Every insured’s situation is different.

For instance, these questions can help discover whether or not you may require specific advice.

  • Is my teenager covered with friends in the car?
  • How many claims can I have before being cancelled?
  • What discounts do I qualify for?
  • What is the ISO rating for a 2002 Toyota Camry Solara?
  • Should I have combined single limit or split liability limits?
  • What exactly is covered by my policy?
  • Can I get a multi-policy discount?
  • When should I buy a commercial auto policy?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form.

Insurance myths debunked

Respected companies like Allstate and Progressive seem to constantly run ads on TV and radio. All the ads have a common claim that drivers can save some big amount if you move your insurance coverage to their company. It sounds good, but how can they all give you a better price? Here is how they do it.

All companies have specific guidelines for the type of customer that will add to their bottom line. For instance, this type of insured could possibly be over the age of 45, has a clean driving record, and drives less than 5,000 miles a year. Anybody that meets those criteria will qualify for the lowest prices and most likely will save some money.

Potential customers who don’t qualify for the ideal profile will probably be forced to pay more expensive rates and this can result in the customer not purchasing. If you listen closely, the ads state “people that switch” but not “all drivers who get quotes” can save as much as they claim. That is how companies can truthfully make claims that they all have the best prices.

Because each company has a different risk profile, you should get a wide range of price quotes. Because without a comparison, you cannot know with any certainty which company will fit your personal profile best.

Insurance coverage basics

Having a good grasp of insurance helps when choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement.

Coverage for collisions

This pays for damage to your Camry Solara from colliding with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like rolling your car, hitting a mailbox, sideswiping another vehicle and sustaining damage from a pot hole. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Another option is to raise the deductible to bring the cost down.

Auto liability insurance

Liability coverage protects you from damage that occurs to a person or their property that is your fault. It protects YOU against claims from other people. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 100/300/100 which means a limit of $100,000 per injured person, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Some companies may use a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.

Liability can pay for things such as attorney fees, loss of income, repair costs for stationary objects and court costs. The amount of liability coverage you purchase is a personal decision, but you should buy higher limits if possible.

Comprehensive auto coverage

This will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like a tree branch falling on your vehicle, vandalism, damage from getting keyed, hail damage and rock chips in glass. The most a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses like dental work, EMT expenses, X-ray expenses, prosthetic devices and pain medications. They are often used to fill the gap from your health insurance policy or if you do not have health coverage. They cover you and your occupants as well as getting struck while a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and also any damage incurred to your Toyota Camry Solara.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Normally these coverages are set the same as your liablity limits.

In the end, you save

We just presented a lot of ways to compare 2002 Toyota Camry Solara insurance prices online. It’s most important to understand that the more companies you get rates for, the better your chances of lowering your rates. Consumers may even find the best price on insurance coverage is with some of the lesser-known companies.

As you prepare to switch companies, you should never reduce coverage to reduce premium. There are many occasions where someone sacrificed uninsured motorist or liability limits only to regret at claim time that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to buy the best coverage you can find for the lowest cost.

Insureds change insurance companies for many reasons like poor customer service, not issuing a premium refund, high rates after DUI convictions and high prices. Whatever your reason, finding a great new company is pretty simple and you could end up saving a buck or two.

More detailed insurance coverage information can be found by following these links: