Lower Your 2015 Toyota Camry Insurance Rates

Trying to find lower auto insurance rates for your Toyota Camry? Wish you could get a refund on an overpriced auto insurance policy? Trust us, many consumers feel financially strained by their auto insurance policy.

Drivers have so many insurance companies to choose from, and even though it’s nice to have a selection, more options can take longer to locate the cheapest rates.

You need to take a look at other company’s rates as often as possible because auto insurance prices are constantly changing. Despite the fact that you may have had the lowest price for Camry coverage a year ago the chances are good that you can find a lower rate quote today. Ignore everything you know about auto insurance because I’m going to let you in on the secrets to the quickest way to find the best coverage while lowering your premiums.

Compare car insurance quotes

There are a variety of methods to compare car insurance quotes, but some are less labor-intensive and much quicker. You can waste a few hours (or days) talking to insurance companies in your area, or you could save time and use the internet to achieve your goal.

The majority of car insurance companies belong to a marketplace that enables customers to complete one form, and each company provides a quote. This prevents consumers from doing quote requests to every company. To compare pricing click here to open in new window.

The only drawback to getting quotes like this is that you can’t choose the companies to get pricing from. If you prefer to choose specific insurance companies to receive pricing from, we have a listing of low cost car insurance companies in your area. Click here for list of insurance companies.

The method you choose is up to you, but make sure you are using apples-to-apples quote data for each comparison quote. If you enter unequal deductibles or liability limits it will be next to impossible to determine which rate is truly the best. Even a minor difference in insurance coverages may result in large price differences. Just remember that comparing a wide range of rates provides better odds of finding the best price. Some smaller insurers to not give quotes online, so you also need to get price estimates on coverage from those companies, too.

More discounts mean lower-cost premiums

The price of auto insurance can be rather high, but there could be available discounts that many consumers don’t even know exist. Some discounts apply automatically at quote time, but some discounts are required to be specially asked for before they will apply.

Defensive Driver Discounts – Taking a course teaching defensive driving skills could possibly earn you a 5% discount and easily pay for the cost of the class.
Telematics Devices – Drivers that enable data collection to study driving manner by using a telematics device in their vehicle such as Drivewise from Allstate or Snapshot from Progressive may see discounts if they exhibit good driving behavior.
Safety Restraint Discount – Buckling up and requiring all passengers to fasten their seat belts could cut 10% or more off the PIP or medical payment premium.
Distant Student Discount – Older children who attend college more than 100 miles from home and do not have a car can receive lower rates.
Employee of Federal Government – Active or former government employment may reduce rates when you quote insurance for Camry coverage with certain companies.
E-sign Discounts – A handful of companies will discount your bill up to fifty bucks for buying a policy and signing up on your computer.

A little disclaimer on discounts, most credits do not apply to the overall cost of the policy. Most cut the price of certain insurance coverages like collision or personal injury protection. If you do the math and it seems like having all the discounts means you get insurance for free, auto insurance companies aren’t that generous. Any qualifying discounts will reduce your policy premium.

A list of companies and their offered discounts can be read below.

State Farm may have discounts that include passive restraint, Steer Clear safe driver discount, defensive driving training, safe vehicle, and student away at school.
GEICO offers discounts for driver training, multi-vehicle, multi-policy, defensive driver, daytime running lights, and good student.
Progressive has discounts for homeowner, online signing, multi-policy, online quote discount, and continuous coverage.
21st Century offers discounts including automatic seat belts, good student, early bird, defensive driver, and teen driver.
American Family discounts include bundled insurance, TimeAway discount, accident-free, multi-vehicle, Steer into Savings, and mySafetyValet.
The Hartford includes discounts for good student, air bag, bundle, driver training, and anti-theft.
AAA may offer discounts for good student, education and occupation, good driver, pay-in-full, AAA membership discount, and multi-car.

Before buying, ask each insurance company what discounts are available to you. Some of the earlier mentioned discounts may not be available in your area. To locate auto insurance companies who offer discounts, click here.

It’s not one size fits all

When choosing the right insurance coverage for your vehicles, there is no cookie cutter policy. Every insured’s situation is different so your insurance needs to address that. These are some specific questions might point out if your insurance needs will benefit from professional help.

When does my teenage driver need to be added to my policy?
Am I covered when pulling a rental trailer?
What is high-risk coverage and where do I buy it?
Should I have a commercial auto policy?
Are rental cars covered under my policy?
What is the rate difference between pleasure use and commuting?
Is motorclub coverage worth it?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of car insurance companies in your area.

Detailed coverages of your insurance policy

Learning about specific coverages of a insurance policy can be of help when determining appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be confusing and coverage can change by endorsement. These are the usual coverages available from insurance companies.

Collision coverage

This covers damage to your Camry resulting from a collision with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like driving through your garage door, backing into a parked car and hitting a parking meter. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. You can also raise the deductible to bring the cost down.

Liability car insurance

This coverage provides protection from damages or injuries you inflict on other’s property or people by causing an accident. This insurance protects YOU from claims by other people, and does not provide coverage for 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. As an example, you may have limits of 25/50/25 which means a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Another option is one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage protects against things like medical services, bail bonds, legal defense fees and emergency aid. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

UM/UIM Coverage

This gives you protection from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as damage to your 2015 Toyota Camry.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Frequently these limits do not exceed the liability coverage limits.

Medical costs insurance

Med pay and PIP coverage reimburse you for immediate expenses for things like pain medications, EMT expenses and rehabilitation expenses. They are utilized in addition to your health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and may carry a deductible

Comprehensive or Other Than Collision

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as hail damage, theft, vandalism, damage from getting keyed and a broken windshield. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.