2000 Toyota Camry Insurance Quotes – 9 Savings Tips

Want lower car insurance rates for your Toyota Camry? Did you fall for a flashy sales pitch and buy overpriced car insurance? Believe me, many consumers are feeling buyer’s remorse and feel like there’s no way out. With consumers having so many car insurance companies to choose from, it is hard for the average consumer to pick the lowest price provider.

It’s a great practice to take a look at other company’s rates at least once a year because prices change regularly. Despite the fact that you may have had the best deal on Camry insurance on your last policy there is a good chance you can find better rates now. Starting now, forget all the misinformation about car insurance because I’m going to teach you the fastest way to find better rates and still maintain coverage.

Pay less by taking advantage of these nine discounts

Insuring your vehicles can cost a lot, but there could be available discounts to cut the cost considerably. Certain discounts will be applied at the time you complete a quote, but some must be manually applied prior to getting the savings. If you don’t get every credit possible, you’re just leaving money on the table.

  • Resident Student – Kids in college who attend school more than 100 miles from home without a vehicle on campus can receive lower rates.
  • More Vehicles More Savings – Buying coverage for multiple cars or trucks on the same auto insurance policy qualifies for this discount.
  • Discount for Life Insurance – Select insurance companies reward you with a break if you buy auto and life insurance together.
  • Drive Less and Save – Driving fewer miles can earn a substantially lower rate.
  • Anti-lock Brake System – Cars that have steering control and anti-lock brakes can avoid accidents and qualify for as much as a 10% discount.
  • Discount for Swiching Early – A few companies offer discounts for buying a policy prior to your current policy expiring. The savings is around 10%.
  • New Car Discount – Buying coverage on a new vehicle can save up to 30% because new vehicles have to meet stringent safety requirements.
  • Driver’s Ed – Have your child enroll in driver’s education in high school.
  • Theft Prevention Discount – Cars that have factory anti-theft systems are stolen less frequently and will save you 10% or more.

It’s important to note that most credits do not apply the the whole policy. The majority will only reduce individual premiums such as comprehensive or collision. So even though they make it sound like adding up those discounts means a free policy, it doesn’t quite work that way. Any amount of discount will help reduce the amount you have to pay.

Car insurance companies who might offer these benefits are:

Double check with each insurance company which discounts you may be entitled to. All car insurance discounts might not apply everywhere.

Your coverage should be tailored to you

When it comes to buying adequate coverage, there really is not a one size fits all plan. Every situation is different so this has to be addressed. For instance, these questions may help highlight if you would benefit from an agent’s advice.

  • I have good health insurance, so how much medical payments coverage do I need?
  • How can I get high-risk coverage after a DUI?
  • Am I covered if my car is in a flood?
  • Am I covered when driving in Canada or Mexico?
  • What happens if I owe more than my 2000 Toyota Camry is worth?
  • Why does it cost so much to insure a teen driver?

If it’s difficult to answer those questions but you know they apply to you then you might want to talk to an agent. To find an agent in your area, take a second and complete this form or click here for a list of insurance companies in your area. It is quick, free and can help protect your family.

Specifics of your car insurance policy

Learning about specific coverages of your car insurance policy can help you determine which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. These are the usual coverages offered by car insurance companies.

Coverage for liability

This coverage can cover injuries or damage you cause to other’s property or people. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 50/100/50 which means $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Another option is a combined limit which combines the three limits into one amount without having the split limit caps.

Liability coverage pays for claims such as emergency aid, bail bonds and structural damage. How much coverage you buy is a personal decision, but you should buy as much as you can afford.

Collision protection

This coverage will pay to fix damage to your Camry from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for things like crashing into a building, scraping a guard rail, sustaining damage from a pot hole, colliding with another moving vehicle and colliding with a tree. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. It’s also possible to choose a higher deductible to save money on collision insurance.

Coverage for uninsured or underinsured drivers

This protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your 2000 Toyota Camry.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Frequently the UM/UIM limits do not exceed the liability coverage limits.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage pay for expenses like EMT expenses, pain medications, funeral costs, doctor visits and X-ray expenses. They are often used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. They cover all vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Comprehensive car insurance

This pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like damage from flooding, rock chips in glass, vandalism, damage from getting keyed and fire damage. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

A tidy conclusion

Low-cost 2000 Toyota Camry insurance is definitely available on the web in addition to many insurance agents, so you should compare both in order to have the best price selection to choose from. Some insurance providers do not provide online quoting and many times these regional insurance providers only sell through independent insurance agents.

When buying insurance coverage, don’t be tempted to buy less coverage just to save a little money. There are a lot of situations where consumers will sacrifice physical damage coverage only to regret at claim time that their decision to reduce coverage ended up costing them more. Your aim should be to buy the best coverage you can find for the lowest price, not the least amount of coverage.

You just learned some good ideas how you can lower your insurance rates. The key concept to understand is the more rate quotes you have, the better your chances of lowering your rates. You may even find the lowest rates come from some of the lesser-known companies. These smaller insurers can often insure niche markets at a lower cost as compared to the big name companies such as State Farm and Allstate.

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