2008 Toyota Camry Insurance Quotes – 7 Ways to Save

No one cherishes buying auto insurance, in particular when their premiums are too high.

With consumers having so many auto insurance companies to choose from, it can be challenging to choose the cheapest provider.

Auto Insurance Quote Comparison

There are several ways to compare Toyota Camry auto insurance prices but some are less labor-intensive and much quicker. You can spend countless hours discussing policy coverages with insurance agencies in your area, or you could use the internet to maximize your effort.

The majority of car insurance companies are enrolled in a marketplace that allows shoppers to enter their coverage request one time, and at least one company can give them a price based on that data. This system prevents you from having to do quotation requests for every auto insurance company.

To compare 2008 Toyota Camry rates now click to open in new window.

The only drawback to using this type of system is that consumers can’t choose which companies you will receive quotes from. If you prefer to choose individual companies to request quotes from, we have a page of companies who write auto insurance in your area. Click to view list.

Which method you use is up to you, but make sure you use the exact same deductibles and coverage limits on every quote. If you enter differing limits it will be next to impossible to find the best deal for your Toyota Camry. Just a small difference in limits may result in large price differences. And when quoting auto insurance, remember that comparing a large number of companies will increase your chances of finding better pricing.

Discounts on 2008 Toyota Camry insurance

Car insurance can cost a lot, but there are discounts available that many people don’t even know exist. Certain discounts will be applied at the time of purchase, but less common discounts must be specifically requested before being credited.

  • Payment Discounts – If you pay your entire premium ahead of time rather than paying monthly you may reduce your total bill.
  • Military Rewards – Having a deployed family member could mean lower rates.
  • Safe Drivers – Drivers who don’t get into accidents may receive a discount up to 45% less on Camry coverage than less cautious drivers.
  • Paperless Signup – A few companies will give a small break just for signing your application over the internet.
  • Good Student – A discount for being a good student can earn a discount of 20% or more. The discount lasts well after school through age 25.
  • Passive Restraint Discount – Cars that have air bags or automatic seat belts may earn rate discounts of up to 25% or more.
  • Anti-theft System – Anti-theft and alarm systems are stolen less frequently and therefore earn up to a 10% discount.

Consumers should know that most discounts do not apply to the entire cost. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. So when the math indicates all the discounts add up to a free policy, it just doesn’t work that way. But any discount will cut the cost of coverage.

For a list of insurance companies who offer insurance discounts, follow this link.

Tailor your coverage to you

When it comes to buying the right insurance coverage, there really is no “perfect” insurance plan. Everyone’s situation is unique so your insurance needs to address that. For instance, these questions may help highlight whether your personal situation would benefit from professional advice.

  • When should I not file a claim?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • What is the difference between comprehensive and collision coverage?
  • Is a fancy paint job covered?
  • Is my teenager covered with friends in the car?
  • What is medical payments coverage?
  • What is no-fault insurance?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies.

Car insurance coverages for a Toyota Camry

Learning about specific coverages of a insurance policy can be of help when determining which coverages you need and proper limits and deductibles. The terms used in a policy can be confusing and reading a policy is terribly boring. These are the usual coverages offered by insurance companies.

Comprehensive auto coverage – Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like damage from a tornado or hurricane, vandalism, damage from flooding and hitting a bird. The highest 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 consider dropping full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Normally these coverages are identical to your policy’s liability coverage.

Medical payments and PIP coverage – Coverage for medical payments and/or PIP pay for immediate expenses for rehabilitation expenses, chiropractic care, dental work and hospital visits. They are utilized in addition to your health insurance plan or if you do not have health coverage. Coverage applies to all vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Collision coverage – This coverage pays for damage to your Camry resulting from colliding with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as backing into a parked car, sustaining damage from a pot hole, crashing into a building, crashing into a ditch and driving through your garage door. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Coverage for liability – This coverage protects you from damage or injury you incur to a person or their property by causing an accident. It protects you from claims by other people. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see values of 25/50/25 that translate to $25,000 bodily injury coverage, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Alternatively, you may have one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.

Liability can pay for claims like structural damage, emergency aid, repair bills for other people’s vehicles, pain and suffering and bail bonds. The amount of liability coverage you purchase is a decision to put some thought into, but buy as much as you can afford.

Don’t break the bank

When buying insurance coverage, it’s not a good idea to buy lower coverage limits just to save a few bucks. In too many instances, drivers have reduced full coverage and discovered at claim time they didn’t purchase enough coverage. Your strategy should be to buy a smart amount of coverage for the lowest price while still protecting your assets.

We covered many ways to shop for 2008 Toyota Camry insurance online. The key thing to remember is the more you quote, the higher your chance of finding lower rates. You may even discover the lowest priced insurance coverage comes from a small mutual company. Smaller companies can often provide lower rates in certain areas than the large multi-state companies such as Allstate or State Farm.

Low-cost insurance can be found online as well as from independent agents, and you need to comparison shop both to have the best chance of lowering rates. There are still a few companies who don’t offer online quoting and most of the time these regional insurance providers sell through independent agents.

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