Compare 2013 Toyota Camry Insurance Rates

Searching for low-cost insurance for a Toyota Camry can turn out to be a lot of work, but you can learn these tips to save time.

There are both good and bad ways to shop for insurance coverage so we’re going to tell you the quickest way to compare rates for a Toyota and get the lowest possible price either online or from local insurance agents.

How to lower your auto insurance cost

Performing a rate comparison can be a daunting task if you aren’t aware of the most efficient way. You can waste a few hours (or days) talking to insurance companies in your area, or you can stay home and use the web to maximize your effort.

The majority of car insurance companies belong to an insurance system where prospective buyers submit their information once, and at least one company returns a competitive quote based on that information. This system prevents you from having to do quote requests to each company.

To enter your information into the quoting system, click here (opens in new window).

The single downside to using this type of system is you don’t know exactly which carriers you will receive quotes from. If you would rather choose specific insurance companies to compare prices, we have assembled a list of the cheapest auto insurance companies in your area. Click here to view list.

However you get your quotes, be sure you’re using exactly the same coverage limits and deductibles on every quote you get. If the quotes have different data you will not be able to determine which company has the best rates.

Don’t miss these discounts

Some insurers do not advertise the complete list of policy discounts in an easy-to-find place, so the below list has both the well known and the harder-to-find discounts you could be receiving when you buy insurance online.

• Waiver for an Accident – Not a discount per se, but a handful of insurance companies permit an accident without raising rates if your claims history is clear prior to being involved in the accident.
• Low Mileage Discounts – Keeping the miles down on your Toyota may allow you to get lower rates due to less chance of an accident.
• Military Discounts – Having a family member in the military could trigger a small discount.
• Save with More Vehicles Insured – Buying a policy with all your vehicles with the same company can reduce rates for all insured vehicles.
• No Claims – Insureds who avoid accidents and claims pay much less as compared to bad drivers.
• Seat Belts Save more than Lives – Drivers who require all vehicle occupants to buckle their seat belts could cut 10% or more on medical payment and PIP coverage.
• Paperless Signup – Certain larger companies give back up to $50 just for signing your application on your computer.
• Discount for Life Insurance – Some insurance carriers give a small discount if you purchase life insurance from them.
• Discounts for Government Workers – Simply working for the federal government may reduce rates when you quote insurance on Camry coverage with some insurance coverage companies.

A quick disclaimer, most of the big mark downs will not be given to the entire cost. Some only apply to specific coverage prices like medical payments or collision. So even though you would think all the discounts add up to a free policy, you won’t be that lucky.

The best insurance coverage companies and their possible discounts can be found below.

• Mercury Insurance policyholders can earn discounts including multi-policy, location of vehicle, multi-car, professional/association, good student, anti-theft, and age of vehicle.
• Farmers Insurance offers discounts including alternative fuel, early shopping, homeowner, mature driver, multi-car, and business and professional.
• Farm Bureau discounts include safe driver, renewal discount, 55 and retired, driver training, youthful driver, multi-vehicle, and multi-policy.
• State Farm includes discounts for Drive Safe & Save, good driver, safe vehicle, driver’s education, passive restraint, multiple autos, and anti-theft.
• Allstate offers premium reductions for economy car, good student, utility vehicle, farm vehicle, and passive restraint.
• GEICO has savings for membership and employees, multi-policy, military active duty, defensive driver, and anti-lock brakes.

Check with all the companies which credits you are entitled to. Savings may not be offered in your state. To choose insurers that offer discounts, click here.

Special considerations

When it comes to choosing the best car insurance coverage, there isn’t really a cookie cutter policy. Your needs are not the same as everyone else’s.

Here are some questions about coverages that could help you determine whether or not you may require specific advice.

• How high should my medical payments coverage be?
• Where can I get insurance after a DUI in my state?
• Does my 2013 Toyota Camry need full coverage?
• Is my custom paint covered by insurance?
• Can I make deliveries for my home business?
• Should I have combined single limit or split liability limits?
• Does coverage extend to a rental car in a foreign country?
• Do I need roadside assistance coverage?
• How can I get my company to pay me more for my totalled car?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an insurance agent. If you don’t have a local agent, simply complete this short form. It’s fast, free and can help protect your family.

Insurance coverage breakdown

Having a good grasp of a insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring.

Liability auto insurance – Liability insurance protects you from injuries or damage you cause to other’s property or people. This insurance protects YOU against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 100/300/100 that translate to a limit of $100,000 per injured person, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Another option is a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims like medical expenses, emergency aid and repair bills for other people’s vehicles. How much coverage you buy is a personal decision, but buy as high a limit as you can afford.

Comprehensive or Other Than Collision – This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things such as a broken windshield, falling objects, hitting a bird and hitting a deer. The maximum amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Medical costs insurance – Coverage for medical payments and/or PIP pay for bills like funeral costs, EMT expenses, nursing services and doctor visits. The coverages can be used to fill the gap from your health insurance program or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Collision – Collision insurance covers damage to your Camry resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers claims such as sustaining damage from a pot hole, sideswiping another vehicle, colliding with another moving vehicle, crashing into a ditch and hitting a mailbox. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. You can also increase the deductible to bring the cost down.

UM/UIM Coverage – This gives you protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked. Usually these coverages are similar to your liability insurance amounts.