Compare 2012 Toyota Camry Car Insurance Quotes

Searching for the cheapest insurance for a Toyota Camry can turn out to be a painful process, but you can learn a few tricks and make it easy. There are more efficient ways to compare auto insurance rates so we’re going to tell you the quickest way to price shop coverage for a new or used Toyota and get the best price possible from both online companies and local agents.

It’s smart to quote other rates on a regular basis due to the fact that insurance rates are usually higher with each renewal. Even if you think you had the best rate for Camry coverage a year ago you may be paying too much now. Block out anything you think you know about auto insurance because we’re going to show you the easiest way to lower your annual insurance bill.

Get lower rates with these discounts

Companies that sell car insurance don’t always advertise the complete list of policy discounts very clearly, so the list below details a few of the more common and also the more inconspicuous credits available to lower your premiums when you buy auto insurance online. If you’re not getting every credit available, it’s possible you qualify for a lower rate.

  • Discounts for Federal Employees – Simply working for the federal government can save as much as 8% for Camry coverage with certain companies.
  • Senior Citizen Rates – If you’re over the age of 55, you may qualify for a small discount on rates for Camry coverage.
  • Active Service Discounts – Having a family member in the military can result in better rates.
  • Passive Restraints – Vehicles with factory air bags or motorized seat belts could see savings of up to 25% or more.
  • Club Memberships – Belonging to certain professional organizations can get you a small discount on your bill.

One thing to note about discounts is that most credits do not apply to the overall cost of the policy. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. So when it seems like all the discounts add up to a free policy, it doesn’t quite work that way.

A list of insurance coverage companies and their possible discounts are outlined below.

  • Progressive policyholders can earn discounts including online signing, continuous coverage, homeowner, online quote discount, and multi-vehicle.
  • AAA offers discounts for good driver, AAA membership discount, education and occupation, good student, anti-theft, and multi-policy.
  • Farmers Insurance discounts include switch companies, teen driver, early shopping, business and professional, electronic funds transfer, and bundle discounts.
  • GEICO includes discounts for good student, anti-lock brakes, defensive driver, military active duty, daytime running lights, and multi-vehicle.
  • Esurance may offer discounts for online shopper, claim free, defensive driver, good driver, and emergency road assistance.
  • SAFECO may have discounts that include teen safety rewards, drive less, teen safe driver, multi-car, and anti-lock brakes.
  • State Farm has discounts for anti-theft, accident-free, Drive Safe & Save, safe vehicle, good student, driver’s education, and multiple policy.

If you need cheaper auto insurance quotes, ask all companies you are considering which credits you are entitled to. Some of the earlier mentioned discounts may not be available in your area.

How to compare insurance rate quotes

Performing a rate comparison can be a daunting task if you don’t understand the most efficient way to do it. You can waste hours driving to insurance companies in your area, or you could save time and use the web to maximize your effort.

Most car insurance companies take part in a program where prospective buyers submit their information once, and each company returns a competitive quote determined by their information. This system prevents you from having to do repetitive form submissions to each company. To compare rates using this form now click here (opens in new window).

The single downside to getting quotes like this is you don’t know exactly which insurance companies you will receive quotes from. If you prefer to choose specific providers to compare prices, we have a listing of insurance companies in your area. View list of insurance companies.

You can use whichever method you prefer to find lower rates, just be sure you’re using nearly identical coverages and limits for every quote you compare. If the quotes have differing limits you can’t possibly decipher which rate is best.

The Toyota Camry insurance rate equation

Lots of things are used when you quote your car insurance policy. Some of the criteria are obvious like an MVR report, but others are not quite as obvious such as whether you are married or how financially stable you are.

  • Advanced alarms and GPS tracking – Driving a car with a theft deterrent system can help lower your premiums. Anti-theft features like GM’s OnStar, tamper alarm systems and vehicle immobilizers all help prevent your car from being stolen.
  • Marriage discount – Having a significant other may cut your premiums when shopping for insurance coverage. Having a significant other demonstrates that you tend to be more mature it has been statistically shown that married couples file fewer claims.
  • Pay more of a claim out-of-pocket – Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, covers damage that occurs to your Toyota. A few examples of covered claims would be a windshield shattered by a rock, hitting a deer, and rolling your vehicle. Physical damage deductibles state the amount of money you are required to spend before your insurance coverage pays a claim. The more of the claim the insured has to pay upfront, the lower your rates will be for Camry coverage.
  • Never let your insurance coverage policy lapse – Driving with no insurance can get you a ticket and as a result your rates will increase for letting your coverage lapse. Not only will rates go up, failure to provide proof of insurance can result in fines or a revoked license. Then you may be required to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department.
  • Drive a safer car and pay less – Cars with high safety ratings tend to be cheaper to insure. Vehicles engineered for safety help reduce the chance of injuries in an accident and reduced instances of injuries means less money paid by your insurance company and cheaper rates on your policy.
  • Low stress occupation equals lower prices – Do you work in a high-stress field? Jobs such as doctorspolice officers and stock brokers have higher premiums than the average policyholder attributed to high stress levels and incredibly demanding work hours. Conversely, occupations such as professors, students and retirees pay the least for Camry coverage.
  • Be proud to be claim-free – If you file a lot of claims you can look forward to higher premiums or even policy non-renewal. Insurance companies give the lowest premiums to policyholders who are claim-free. Your insurance policy is meant to be used in the event of claims that you cannot pay yourself.
  • Liability insurance – Your insurance coverage policy’s liability coverage is the coverage that protects you if a court rules you are at fault for damages from an accident. Your policy’s liability insurance provides you with a defense in court up to the limits shown on your policy. This coverage is very inexpensive compared to comp and collision, so drivers should carry high limits.

Insurance can be complex

When it comes to buying proper insurance coverage, there really is not a perfect coverage plan. Everyone’s needs are different.

Here are some questions about coverages that might help in determining if you might need an agent’s assistance.

  • Am I covered if I crash into my own garage door?
  • Is my dog or cat covered if injured in an accident?
  • Am I missing any policy discounts?
  • Do I have coverage when making deliveries for my home business?
  • What is high-risk coverage and where do I buy it?
  • How much liability insurance is required?
  • Exactly who is provided coverage by my policy?

If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with a licensed agent. To find an agent in your area, complete this form. It’s fast, free and you can get the answers you need.

What insurance coverages do you need?

Learning about specific coverages of your policy aids in choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring.

Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage provides protection when other motorists do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.

Collision coverages – This coverage covers damage to your Camry resulting from colliding with an object or car. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for claims such as backing into a parked car, sustaining damage from a pot hole and scraping a guard rail. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Coverage for medical expenses – Coverage for medical payments and/or PIP provide coverage for immediate expenses for dental work, nursing services, surgery, hospital visits and X-ray expenses. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Coverage applies to you and your occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Liability coverage – Liability insurance provides protection from damage that occurs to other people or property. It protects you against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits 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 property damage coverage for $25,000.

Liability can pay for claims such as loss of income, structural damage, attorney fees and repair costs for stationary objects. The amount of liability coverage you purchase is your choice, but you should buy as much as you can afford.

Comprehensive insurance – Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for things such as damage from a tornado or hurricane, hail damage and hitting a deer. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Save your hard earned cash

Some insurance companies do not offer online price quotes and many times these regional carriers only sell through local independent agencies. More affordable insurance coverage can be bought online as well as from insurance agents, so you should be comparing quotes from both in order to have the best price selection to choose from.

Consumers switch companies for many reasons like not issuing a premium refund, poor customer service, delays in responding to claim requests and questionable increases in premium. No matter why you want to switch, switching companies is easier than you think.

We’ve covered many ways to get a better price on 2012 Toyota Camry insurance. The key concept to understand is the more providers you compare, the better your comparison will be. You may be surprised to find that the most savings is with a small mutual company.

Much more information about insurance coverage can be read at the links below