Compare 2014 Toyota Camry Hybrid Car Insurance Rates

Having to pay for overpriced insurance coverage can take a big chunk out of your checking account and force you to make sacrifices. Comparing price quotes is a smart way to lower your monthly bill. Lots of auto insurance companies contend for your hard-earned dollar, so it can be very hard to choose a insurer to discover the definitive best rates possible.

If you have insurance now or are shopping for new coverage, you can follow these tips to reduce the price you pay and still get good coverage. Choosing the best insurance company for you is not rocket science. Drivers only need an understanding of the most efficient way to get comparison rates on the web.

Free Insurance Coverage Quotes

Getting better 2014 Toyota Camry Hybrid insurance coverage pricing can be quick and easy. Drivers just need to spend a few minutes to compare quotes online from several insurance companies. It is quite easy and can be accomplished in just a few minutes using one of these methods.

  1. The best way consumers can make multiple comparisons is to use a rate comparison form like this one (opens in new window). This type of form keeps you from doing separate quotation requests for each company you want a rate for. One form submission will get you price quotes from multiple low-cost companies.
  2. A different way to get comparison quotes is going to each individual company website and fill out their own quote form. For sake of this example, we’ll assume you want to compare rates from Progressive, State Farm and Liberty Mutual. You would have to take the time to go to each site to enter your coverage information, and that’s why the first method is more popular.

    For a list of links to insurance companies in your area, click here.

It’s up to you which method you use, but ensure you’re using identical coverage limits for every company. If your comparisons have different limits and deductibles on each one you will not be able to find the best deal for your Toyota Camry Hybrid.

Misconceptions in insurance coverage advertisements

Consumers can’t ignore all the ads for car insurance savings from the likes of State Farm, Geico and Progressive. All the ads make an identical promise of big savings if you change your coverage to them.

How can each company make almost identical claims? It’s all in the numbers.

All companies have a preferred profile for the right customer that earns them a profit. For example, a desirable insured might be profiled as a mature driver, is a homeowner, and has excellent credit. Any new insured who meets those qualifications will get very good rates and is almost guaranteed to save quite a bit of money when switching.

Potential insureds who fall outside the requirements will be charged higher prices which leads to business not being written. The ads state “drivers who switch” not “people who quote” save that much money. That’s why companies can make those claims. That is why you absolutely need to get quotes from several different companies. You cannot predict which insurance coverage company will provide you with the cheapest Toyota Camry Hybrid insurance rates.

Toyota Camry Hybrid insurance rates consist of many parts

An important part of buying insurance is that you know the rating factors that play a part in calculating car insurance rates. Having a good understanding of what controls the rates you pay empowers consumers to make smart changes that can help you get lower car insurance prices.

  • Pleasure use saves money – The more you drive every year the more you will pay for car insurance. Almost all companies rate vehicles based upon how you use the vehicle. Vehicles used primarily for pleasure use get more affordable rates compared to those used for work or business. Improper usage on your Camry Hybrid may be wasting your money. Double check that your car insurance policy properly reflects the correct driver usage.
  • Keep rates low by being claim-free – If you file claims often, you can definitely plan on higher rates. Car insurance companies provide cheaper rates to drivers who are claim-free. Insurance coverage is meant to be used in the event of major claims that would cause financial hardship.
  • Men fork out a little more – Statistics have proven women are more cautious behind the wheel. However, don’t assume that men are WORSE drivers than women. Men and women cause accidents in similar percentages, but men cause more damage and cost insurance companies more money. Men also get cited for more serious violations like DUI and reckless driving.
  • Don’t cancel a policy without a new one in place – Allowing your car insurance policy to lapse is a fast way to increase your car insurance rates. Not only will you pay more, failure to provide proof of insurance might get you a steep fine or even jail time.Then you may be required to file a SR-22 with your state motor vehicle department to get your license reinstated.
  • Where you live can impact rates – Being located in a small town can save you money when talking about car insurance. Lower population means fewer accidents and a lower car theft rate. Drivers who live in large cities have traffic congestion and longer commute times. More time commuting means higher likelihood of an accident.
  • Protect yourself with liability coverage – The liability section of your policy is the protection if you are found liable for causing damage or personal injury in an accident. Liability provides legal defense coverage starting from day one. Carrying liability coverage is mandatory and cheap compared to insuring for physical damage coverage, so buy as much as you can afford.
  • Marriage pays dividends – Having a spouse can get you a discount on your policy. Having a significant other means you’re more mature and it’s proven that drivers who are married are more cautious.
  • Consolidate policies to earn discounts – Many insurance companies provide better rates to people who have multiple policies with them, otherwise known as a multi-policy discount. Even with this discount, you still need to compare other company rates to verify if the discount is saving money.

Take discounts and save

Car insurance companies do not advertise every available discount in an easy-to-find place, so we break down some of the more common as well as the least known discounts you could be receiving. If they aren’t giving you every credit you deserve, you’re just leaving money on the table.

  • Auto/Life Discount – Larger companies have lower rates if you buy life insurance from them.
  • Discounts for Safe Drivers – Insureds without accidents can get discounts for up to 45% lower rates on Camry Hybrid coverage than less cautious drivers.
  • Accident Forgiveness – A few companies allow you one accident before your rates go up as long as you don’t have any claims for a particular time prior to the accident.
  • Multiple Policy Discount – When you combine your home and auto insurance with one insurance company you could get a discount of at least 10% off all policies.
  • Senior Citizens – If you’re over the age of 55, you may be able to get better car insurance rates on Camry Hybrid coverage.
  • Braking Control Discount – Vehicles equipped with ABS or steering control can reduce accidents and earn discounts up to 10%.
  • Accident Free – Good drivers with no accidents can save substantially when compared to accident-prone drivers.
  • Seat Belts Save – Drivers who require all occupants to use a seat belt can save up to 15% off the personal injury premium cost.
  • Air Bag Discount – Factory air bags or automatic seat belts may earn rate discounts of more than 20%.

It’s important to understand that some of the credits will not apply to all coverage premiums. Some only apply to the cost of specific coverages such as physical damage coverage or medical payments. Just because you may think it’s possible to get free car insurance, you won’t be that lucky.

To see a list of insurers who offer car insurance discounts, click this link.

Which policy gives me the best coverage?

When buying adequate coverage for your personal vehicles, there isn’t really a best way to insure your cars. Everyone’s situation is unique so your insurance needs to address that. For example, these questions might help in determining whether your personal situation may require specific advice.

  • Why does it cost so much to insure a teen driver?
  • Am I getting all the discounts available?
  • Does my 2014 Toyota Camry Hybrid qualify for pleasure use?
  • Can my teen drive my company car?
  • Am I covered if I break a side mirror?
  • How much liability insurance is required?
  • Do I have coverage if my license is suspended?

If it’s difficult to answer those questions but you know they apply to you then you might want to talk to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of insurance coverage companies in your area. It’s fast, free and can provide invaluable advice.

Specifics of your insurance policy

Learning about specific coverages of your insurance policy aids in choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Listed below are the usual coverages offered by insurance companies.

Uninsured and underinsured coverage – Your UM/UIM coverage gives you protection from other drivers when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Toyota Camry Hybrid.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family.

Liability coverages – This can cover damages or injuries you inflict on other’s property or people. It protects you from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

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 liability limits of 25/50/25 that means you have a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers things such as repair bills for other people’s vehicles, structural damage and medical services. The amount of liability coverage you purchase is a personal decision, but you should buy as large an amount as possible.

Comprehensive coverages – This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like vandalism, damage from flooding and falling objects. The highest amount your insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills such as hospital visits, doctor visits, dental work and ambulance fees. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers you and your occupants in addition to being hit by a car walking across the street. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision – This covers damage to your Camry Hybrid from colliding with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like backing into a parked car, colliding with another moving vehicle, damaging your car on a curb and scraping a guard rail. Collision is rather expensive coverage, so consider dropping it from older vehicles. You can also choose a higher deductible to bring the cost down.

Quote more, save more

The cheapest 2014 Toyota Camry Hybrid insurance is definitely available from both online companies and with local insurance agents, so you should be comparing quotes from both to have the best selection. Some companies do not offer you the ability to get quotes online and these smaller companies work with independent agents.

We covered many tips how you can save on insurance. It’s most important to understand that the more providers you compare, the better your chances of lowering your rates. You may be surprised to find that the best price on insurance is with the least-expected company. Some small companies may only write in your state and offer lower rates than their larger competitors like State Farm, Geico and Nationwide.

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