Average car insurance rates for a Toyota Camry average around $1,276 annually; however, rates can differ significantly based on driver age and other factors.
These estimates are based on annual premiums for full coverage insurance with $500 deductibles for collision and comprehensive. They assume a 40-year-old driver with good credit and an accident-free driving record.
Cost to insure a Toyota Camry
The Toyota Camry is an affordable sedan with excellent safety ratings and an attractive price point, as well as having a competitive insurance rate. However, its exact car insurance cost varies based on where you live and your driving history; those with poor records will pay higher premiums. To find discounted Camry insurance policies you should shop around.
Average insurance premiums for Camry drivers average $1,276 annually, though rates can differ depending on which insurer is chosen - USAA typically offers lower average annual rates while Allied has higher ones. Model year can also have an effect; newer cars typically incur higher insurance costs due to advanced safety features.
Safe drivers should have no difficulty finding cost-effective Camry insurance policies. You can lower rates by raising your deductibles, improving credit scores and bundling policies; other methods include taking advantage of available loyalty discounts such as military and senior citizen programs to save even more each year.
Insurance costs tend to be lower for the Toyota Camry than many other cars due to its superior safety rating and repair costs, and average monthly cost of coverage being $120; that can save $300 annually when compared with cars with lower safety ratings but higher cost tags.
Age and driving record will play the most significant roles in determining Camry insurance rates for drivers of any age. Teenagers tend to be particularly expensive to insure due to their lack of experience on the road and greater accident risks; drivers aged 60 or above typically enjoy lower Camry insurance premiums as they have fewer accidents.
Another key element affecting Camry insurance rates is your city and ZIP code of residence. Cities with high crime rates tend to see more traffic accidents and burglaries, leading to higher insurance costs. If you want to lower your rates with Camry, make sure you maintain an excellent driving record and take advantage of any available discounts.
Safety ratings
The Toyota Camry is an award-winning sedan, receiving five-star overall ratings from both National Highway Traffic Safety Administration and Insurance Institute for Highway Safety for its safety features such as strong structure and an array of crash test features.
The Toyota Camry is an excellent family vehicle due to its ample passenger and cargo room. Furthermore, its fuel economy makes this car highly desirable among buyers in Leesburg, The Villages, Apopka or Mount Dora areas of Florida who require safe and dependable transport solutions.
Insurance providers base their rates on several variables, including an individual's age and driving record as well as vehicle make, model and location. Rates can differ by state and provider - it is best to shop around and compare quotes from multiple providers before finding an affordable Camry auto policy quote tailored specifically to you and your driving characteristics/vehicle information.
To easily compare Toyota Camry car insurance rates, enter your zip code above and click "get quotes." From there you can filter by coverage options and discounts in order to locate the most cost-effective rates. Assuming you are an excellent driver with no reported thefts in your area, low cost Toyota Camry auto insurance should be accessible.
When shopping for Toyota Camry car insurance, it's essential to understand the differences between collision and comprehensive coverage. Collision covers damage from an accident while comprehensive covers weather-related incidents or theft of your vehicle. As repair or replacement costs increase so will your comprehensive and collision car insurance rates.
Toyota Camry models with an MSRP of $16,300 typically average an annual premium of approximately $1,238 when covered under full coverage with $500 deductibles for a 40-year-old male with a clean driving history and full coverage (not liability coverage). Please keep in mind that this estimate may differ based on local circumstances; its accuracy should not be taken as gospel.
Comprehensive and collision coverage
No matter if your Toyota Camry is old or brand new, comprehensive and collision insurance are an invaluable safeguard against accidental damage. Both types of coverage will cover repairs or replacement should an accident occur, while loan or lease lenders typically require them. Otherwise, their insurer can purchase coverage on your behalf at a much greater expense; comprehensive and collision policies represent an investment which pays dividends far outweighing their cost compared to vehicle value.
Cost of auto policies will depend on various safety features and other considerations your insurer takes into account to assess how much coverage to offer you. Before choosing one policy provider over another, compare quotes from multiple providers; some may offer better rates than others for your Toyota Camry insurance needs.
Newer Toyota Camrys can be more costly to insure due to the more advanced safety features they may contain. To lower your Toyota Camry car insurance rates, maintain a clean driving record and live in areas with lower crime statistics.
An additional factor affecting the cost of Toyota Camry car insurance is your deductible amount, which will determine how much liability coverage is necessary and collision/comprehensive coverage should be purchased. Aim for the lowest premium possible so as to keep Toyota Camry car insurance costs as low as possible.
Your driving history will play a huge role in determining the cost of Toyota Camry car insurance; traffic violations or other issues are likely to increase your rate for both comprehensive and collision policies.
If you are searching for the cheapest Toyota Camry insurance rates, providers like USAA, Nationwide and Geico could be good options to consider. They all provide comprehensive and collision coverage that's cost effective; our free tool can show how much it would cost to insure your Camry.
MedPay
The Toyota Camry is an excellent mid-size car known for its comfortable ride and excellent safety ratings, receiving high scores from both IIHS and U.S. News crash tests, while being more affordable to insure than many other models. Plus, its safety features such as airbags and motorized seat belts may even save money on auto insurance premiums!
Car insurance providers use complex formulas and various factors to calculate premiums, so it's wise to shop around for the best rates. Enter your ZIP code below to compare quotes from multiple insurers; their quotes will show both how much it would cost to cover a Toyota Camry as well as any savings with alternative policies.
Full coverage insurance prices for a Toyota Camry may depend on its model year and other factors, including driving history and age. Older vehicles tend to be less likely to be stolen than their newer counterparts and drivers in their 30s typically enjoy lower premiums than younger drivers; additional factors that can influence premium rates include driving habits and frequency of usage - see table below for average annual and monthly costs of full coverage policies for Camrys.
There are various auto insurance providers who offer competitive Toyota Camry policies at an affordable cost. USAA currently provides the cheapest full coverage policy at approximately $1,120 annually or $93 monthly; however they only cover active military members and their families. If USAA doesn't apply to you then State Farm and GEICO also provide reasonably priced policies for this vehicle.
The Toyota Camry is one of the more cost-effective sedans to insure, with an average annual insurance rate of only $1,474. This cost compares favorably to its mid-size car counterpart which averages an estimated average annual premium of $2,474*. Not only does Toyota Camry insurance come at an affordable cost; its standard features such as airbags and automatic seatbelts make this vehicle ideal for commuters and provide added peace of mind.