View 2014 Toyota Camry Insurance Quotes

If you’re looking for more affordable insurance, do you get confused by the wide range of auto insurance providers? consumers have so many providers available that it can easily become a challenge to find lower prices.

This information will let you in on the most effective way to quote insurance and some money-saving tips. If you have car insurance now, you will be able to reduce your rates substantially using these techniques. Although drivers must understand the methods companies use to sell online and apply this information to your search.

Where can I get affordable insurance coverage?

The majority of larger companies provide pricing direct online. Comparing rates online doesn’t take much effort because you just enter the coverages you want into the quote form. When complete, their system automatically retrieves your credit score and driving record and returns pricing information determined by many factors.

Online price quotes makes it easy to compare insurance prices but the time it takes to visit different websites and complete many quote forms is a big time waster. But it’s absolutely necessary to perform this step if you are searching for the lowest price.

The smarter way to locate the lowest prices requires only one form that gets prices from multiple companies. The form is fast, helps eliminate reptitive entry, and makes comparison shopping much more enjoyable. After your information is entered, it gets priced and you can choose your choice of the quotes that you receive.

If the quotes result in lower rates, you simply finish the application and purchase coverage. It can be completed in less than 10 minutes and you’ll know if lower rates are available.

To compare rates now, simply click here to open in new window and complete the simple form. If you have a policy now, it’s recommended you input the insurance coverages identical to your current policy. Doing this assures you’re receiving rate quotes for similar insurance coverage.

Truth in insurance advertising

Companies like State Farm and Allstate regularly use ads on television and other media. They all seem to make the promise about saving some big amount if you change your policy. That’s great but how can every company give you a lower rate? It’s all in the wording.

Different companies quote their cheapest rates for the type of customer that will be a good risk. A good example of a profitable customer might have to be over the age of 40, has a clear driving record, and drives a safe vehicle. Any person that meets those criteria will get a cheap rate quote and most likely will save money with a new company.

Potential insureds who do not meet the requirements will probably have to pay a higher rate which usually ends up with the customer buying from someone else. If you pay close attention to the ads, they say “drivers who switch” but not “all drivers who get quotes” save that much when switching. That’s the way companies can truthfully claim big savings.

Different companies use different criteria so you really need to get insurance quotes as often as possible. Because you never know with any certainty which company will be your best fit.

The Toyota Camry insurance rate equation

Many things are part of the equation when you get your auto insurance bill. Some of the criteria are obvious like your driving record, although some other factors are less apparent such as whether you are married or how safe your car is.

Listed below are a partial list of the pieces companies use to determine prices.

  • Never go without insurance coverage – Letting your insurance expire can be a quick way to trigger a rate increase. And not only will your rates increase, the inability to provide proof of insurance will get you fines or a revoked license. You may then have to submit proof of financial responsibility or a SR-22 with your state motor vehicle department.
  • Liability insurance claims can be big – A critical coverage on your policy, liability insurance kicks in in the event that a court rules you are at fault for damages from an accident. It will provide you with a defense in court which can cost a lot. Liability insurance is quite affordable compared to physical damage coverage, so do not cut corners here.
  • Getting married can save on insurance coverage – Walking down the aisle actually saves money on insurance coverage. It translates into being more stable financially and it’s proven that married drivers get in fewer accidents.
  • If you don’t need it don’t buy it – There are quite a few optional add-on coverages that can waste your money when buying insurance coverage. Insurance for vanishing deductibles, accident forgiveness, and additional equipment coverage could be just wasting money. You may think they are a good idea when deciding what coverages you need, but if they’re wasting money get rid of them and save.
  • Do you know your deductibles? – Physical damage coverage, also called comprehensive and collision insurance, is used to repair damage to your vehicle. Examples of some claims that would be covered are collision with another vehicle, collision with an animal, and burglary. Deductibles for physical damage are how much you are willing to pay if you file a covered claim. The more expense you have to pay, the less your company will charge you for insurance on Camry coverage.
  • Men drivers tend to cost more – Over time, data shows that men are more aggressive behind the wheel. However, this does not mean females are better drivers. Both genders tend to get into fender benders at a similar rate, but the men tend to have higher claims. Men also get higher numbers of serious violations such as reckless driving.

Lower rates by qualifying for discounts

Auto insurance companies don’t always advertise all available discounts in an easy-to-find place, so the list below contains some of the more common and the harder-to-find discounts that you can inquire about if you buy insurance online.

  • Anti-theft System – Cars, trucks, and SUVs that have factory anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
  • Own a Home – Owning your own home or condo can help you save on insurance coverage since owning and maintaining a home demonstrates responsibility.
  • Low Mileage – Maintaining low annual mileage could qualify for slightly better rates than normal.
  • Student Discount for Driver Training – It’s a good idea to have your young drivers successfully complete driver’s ed class as it can save substantially.
  • Early Signing – Select companies give a discount for buying a new policy early. This discount can save up to 10%.
  • Pay Early and Save – If you can afford to pay the entire bill instead of making monthly payments you can actually save on your bill.
  • Senior Discount – Older drivers are able to get a discount up to 10% on Camry coverage.
  • Accident-Free Discounts – Insureds who avoid accidents and claims pay less when compared with bad drivers.
  • Student Discounts – Getting good grades can save 20 to 25%. The discount lasts up to age 25.
  • ABS Brakes – Cars and trucks that have steering control and anti-lock brakes can stop better under adverse conditions so you can save 10 percent or more.

Discounts lower rates, but some credits don’t apply to the overall cost of the policy. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. Despite the fact that it seems like having all the discounts means you get insurance for free, insurance companies wouldn’t stay in business.

A few of the larger companies and the discounts they provide can be found below.

  • State Farm offers discounts for Drive Safe & Save, defensive driving training, good driver, good student, accident-free, driver’s education, and Steer Clear safe driver discount.
  • American Family includes discounts for air bags, bundled insurance, mySafetyValet, early bird, good student, and accident-free.
  • AAA policyholders can earn discounts including multi-car, pay-in-full, good student, AAA membership discount, and multi-policy.
  • GEICO offers premium reductions for multi-vehicle, emergency military deployment, driver training, seat belt use, federal employee, and military active duty.
  • Mercury Insurance has savings for multi-car, location of vehicle, ease of repair, good student, annual mileage, low natural disaster claims, and multi-policy.
  • Farmers Insurance offers discounts including business and professional, distant student, electronic funds transfer, pay in full, good student, and mature driver.
  • Progressive may have discounts that include continuous coverage, multi-policy, online quote discount, homeowner, online signing, and multi-vehicle.

Check with all companies you are considering how you can save money. Some discounts listed above may not apply in your area.

Insurance is unique, just like you

When buying the best insurance coverage, there is no “best” method to buy coverage. Everyone’s needs are different.

Here are some questions about coverages that can help discover whether or not you might need professional guidance.

  • Which is better, split liability limits or combined limits?
  • If my pet gets injured in an accident are they covered?
  • What is no-fault insurance?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Does my insurance cover a custom paint job?
  • Should I bundle my homeowners policy with my auto?
  • Exactly who is provided coverage by my policy?
  • How high should my uninsured/underinsured coverage be in my state?
  • Does coverage extend to Mexico or Canada?
  • Do I need more liability coverage?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. If you don’t have a local agent, complete this form.

Specific coverages for a Toyota Camry

Understanding the coverages of insurance aids in choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring.

Collision coverages – Collision coverage covers damage to your Camry from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for things such as sustaining damage from a pot hole, crashing into a ditch, damaging your car on a curb, sideswiping another vehicle and rolling your car. This coverage can be expensive, so consider removing coverage from older vehicles. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Auto liability – Liability insurance will cover damage or injury you incur to people or other property in an accident. This coverage protects you against claims from other people. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see values of 25/50/25 that means you have a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Occasionally you may see a combined limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage protects against claims like repair bills for other people’s vehicles, medical expenses, bail bonds and court costs. The amount of liability coverage you purchase is your choice, but consider buying as high a limit as you can afford.

UM/UIM (Uninsured/Underinsured Motorist) coverage – Your UM/UIM coverage gives you protection when the “other guys” either have no liability insurance or not enough. Covered losses include injuries to you and your family and damage to your Toyota Camry.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked. Frequently your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Medical payments and PIP coverage – Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for pain medications, X-ray expenses, funeral costs, surgery and doctor visits. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. They cover all vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is only offered in select states and may carry a deductible

Comprehensive auto coverage – Comprehensive insurance coverage covers damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like hail damage, damage from getting keyed and a tree branch falling on your vehicle. The most your insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Quote more, save more

Affordable 2014 Toyota Camry insurance is attainable from both online companies and with local insurance agents, so you should be comparing quotes from both to have the best selection. Some insurance coverage companies don’t offer the ability to get quotes online and these regional carriers only sell coverage through local independent agencies.

We just presented many tips how you can get a better price on 2014 Toyota Camry insurance. The most important thing to understand is the more companies you get prices for, the better chance you’ll have of finding affordable insurance. Consumers could even find that the lowest premium rates come from a lesser-known regional company.

When buying insurance coverage, it’s not a good idea to buy less coverage just to save a little money. There are a lot of situations where an insured dropped collision coverage only to regret that the savings was not a smart move. The ultimate goal is to purchase plenty of coverage at an affordable rate, but do not skimp to save money.

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