2017 Toyota Camry Car Insurance Cost

Looking for lower insurance rates for your Toyota Camry? Are you a victim of an expensive insurance policy? Believe me when I say many drivers feel the same as you.

Due to the fact that there are so many different company options, it’s nearly impossible to choose the lowest price company.

It’s a good idea to shop coverage around at least once a year because insurance prices are rarely the same from one policy term to another. Even if you think you had the best price for Camry insurance a couple years back a different company probably has better rates today. Block out anything you think you know about insurance because I’m going to teach you the tricks you need to know to properly buy coverages and cut your premium.

The cheapest insurance coverage rate quotes

The majority of larger companies give prices for coverage on the web. The process is fairly simple because you just enter the coverages you want on the page. Behind the scenes, their system orders your driving record and credit report and returns a price quote based on the information you submitted. Quoting online simplifies rate comparisons, but the process of having to visit many different websites and enter the same data into a form gets old quite quickly. But it’s absolutely necessary to do this in order to get the best price possible.

A better way to compare rates makes use of a single form to return rates from many companies. It’s a real time-saver, reduces the work, and makes online quotes much more enjoyable and efficient. As soon as the form is sent, it is rated and you can select any one of the pricing results. If one or more price quotes are lower than your current rates, you can simply submit the application and buy the new coverage. The entire process just takes a couple of minutes and can result in significant savings.

If you want to compare rates using this form now, click here to open in new window and enter your vehicle and coverage information. To compare your current rates, we recommend that you enter coverages and limits as close as possible to your current policy. This helps ensure you will receive comparison quotes for the exact same coverage.

Take advantage of every insurance coverage discount

Auto insurance companies don’t always advertise the complete list of policy discounts very well, so the list below details some of the best known as well as some of the hidden discounts that you may qualify for.

  • Paper-free Discount – Certain companies give back up to $50 for buying your policy on the internet.
  • Discounts for Cautious Drivers – Drivers without accidents may receive a discount up to 45% for Camry insurance as compared to drivers with claims.
  • No Claim Discounts – Good drivers with no accidents can save substantially when compared with accident-prone drivers.
  • Discount for New Cars – Buying a new car model can save you some money because new model year vehicles keep occupants safer.
  • Drivers Ed for Students – Teen drivers should complete a driver education course as it will make them better drivers and lower rates.
  • Memberships – Being in specific professional or occupational memberships or organizations may earn a discount on your policy.
  • Multi-policy Discount – If you insure your home and vehicles with one insurance company you may earn at least 10 to 15 percent or more.
  • Driving Data Discount – Insureds who allow driving data submission to study driving patterns by using a telematics device like In-Drive from State Farm and Progressive’s Snapshot could save a few bucks if they have good driving habits.
  • Defensive Driving Course – Successfully completing a course teaching driver safety skills could possibly earn you a 5% discount if you qualify.
  • Multiple Vehicles – Buying coverage for primary and secondary vehicles with the same insurance coverage company can reduce rates for all insured vehicles.

Don’t be surprised that most discounts do not apply to the overall cost of the policy. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. Just because it seems like having all the discounts means you get insurance for free, it’s just not the way it works.

Companies that may offer these benefits include:

It’s a good idea to ask each insurance company what discounts are available to you. Some of the earlier mentioned discounts may not apply to policyholders in your area. To see a list of insurance coverage companies with discount rates, click this link.

How to know if you need help

When choosing coverage, there isn’t really a cookie cutter policy. Everyone’s situation is a little different so your insurance should reflect that For instance, these questions may help you determine whether you might need an agent’s assistance.

  • Should I carry comprehensive and collision coverage?
  • Do I need to file an SR-22 for a DUI in my state?
  • Where can I find DUI or SR-22 insurance?
  • Is my trailer covered?
  • Am I covered if I break a side mirror?
  • When can I cancel my policy?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Insurance coverage basics

Having a good grasp of your insurance policy can help you determine which coverages you need and proper limits and deductibles. Policy terminology can be confusing and reading a policy is terribly boring. Shown next are the normal coverages offered by insurance companies.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as damage to your Toyota Camry.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.

Liability coverages – This protects you from injuries or damage you cause to other people or property by causing an accident. This insurance protects YOU against claims from other people. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 50/100/50 that translate to a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability insurance covers things such as bail bonds, legal defense fees and loss of income. The amount of liability coverage you purchase is a personal decision, but consider buying as high a limit as you can afford.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses like surgery, ambulance fees and doctor visits. They are utilized in addition to your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is not available in all states and may carry a deductible

Collision coverages – This coverage covers damage to your Camry caused by collision with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as driving through your garage door, crashing into a building, sustaining damage from a pot hole, backing into a parked car and colliding with another moving vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. You can also bump up the deductible to bring the cost down.

Comprehensive insurance – Comprehensive insurance pays for damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as a tree branch falling on your vehicle, hitting a deer, hitting a bird, hail damage and theft. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.