Cheaper 2018 Toyota Camry Insurance Cost

Pricey car insurance can stress out your checking account and make it impossible to make ends meet. Comparing rate quotes can be a smart way to tighten up your finances.

Since vehicle owners have many insurance providers from which to choose, it’s difficult to pick the most cost effective insurance company.

You should make it a habit to get comparison quotes yearly because car insurance prices trend upward over time. If you had the best rate on Camry insurance a couple years back you will most likely find a better premium rate today. Forget anything you know (or think you know) about car insurance because we’re going to show you the fastest way to find better rates and still maintain coverage.

Free insurance price quotes

When looking for cheap insurance quotes, there are a couple ways to obtain and compare prices from lots of insurance companies. One of the best ways to compare rates is to use the internet to compare rates. This is very easy and can be done in a couple of different ways.

The first (and easiest) way to find low rates is to use a rate comparison form (click to open form in new window). This style of form prevents you from having to do repetitive form entry for every company. One form gets coverage cost estimates direct from many companies.
A slightly less efficient method to analyze rates requires a visit to the website of each company to complete a price quote. For example, let’s say you want to view quotes from USAA, 21st Century and Farmers. To do that, you would have to go to each individual site to input your insurance information, which can get old fast.
For a list of links to insurance companies in your area, click here.

Take whichever approach you prefer, but ensure you’re using nearly identical coverage limits for each price quote. If the quotes have different deductibles it’s impossible to determine the best price for your Toyota Camry. Even a minor difference in coverage limits could throw off the whole comparison. And when quoting insurance, remember that having more price comparisons will enable you to find a lower rate than you’re paying now.

Discounts for affordable insurance rates

Insurance can be pricey, but discounts can save money and there are some available to help bring down the price. Certain reductions will be credited when you purchase, but some need to be asked for before you get the savings.

Passive Restraints and Air Bags – Options like air bags and/or automatic seat belt systems may get savings of up to 25% or more.
Low Mileage – Driving less may allow you to get substantially lower insurancerates.
Senior Citizens – If you’re over the age of 55, you are able to get lower premium rates on Camry insurance.
Anti-theft System – Cars, trucks, and SUVs equipped with anti-theft or alarm systems have a lower chance of being stolen and can earn a small discount on your policy.
Drive Safe and Save – Safe drivers may save up to 50% more on Camry insurance as compared to drivers with claims.

Keep in mind that most discounts do not apply to the overall cost of the policy. Some only reduce the price of certain insurance coverages like comprehensive or collision. So even though it sounds like you could get a free insurance policy, you aren’t that lucky.

Large insurance companies and the discounts they provide include:

Geico includes discounts for five-year accident-free, defensive driver, membership and employees, multi-vehicle, daytime running lights, good student, and anti-lock brakes.
SAFECO may include discounts for anti-lock brakes, safe driver, teen safe driver, homeowner, multi-car, and teen safety rewards.
State Farm discounts include anti-theft, driver’s education, multiple autos, Steer Clear safe driver discount, passive restraint, defensive driving training, and safe vehicle.
MetLife offers discounts including accident-free, good student, good driver, multi-policy, defensive driver, claim-free
21st Century policyholders can earn discounts including teen driver, 55 and older, defensive driver, anti-lock brakes, student driver, and early bird.
Progressive may offer discounts for homeowner, good student, online signing, continuous coverage, and multi-vehicle.

If you need affordable insurance quotes, ask each company or agent how many discounts you can get. A few discounts may not apply in your area.

You may need specialized insurance coverage coverage

When it comes to choosing the right insurance coverage for your personal vehicles, there isn’t really a perfect coverage plan. Your needs are not the same as everyone else’s so this has to be addressed. For example, these questions can aid in determining if you could use an agent’s help.

Does my medical payments coverage pay my health insurance deductible?
Should I file a claim if it’s only slightly more than my deductible?
Should I buy only the required minimum liability coverage?
Is a fancy paint job covered?
Are my tools covered if they get stolen from my vehicle?
Is my camper covered by my car insurance policy?
Do I need replacement cost coverage on my 2018 Toyota Camry?
Are rock chip repairs covered?
At what point should I drop full coverage?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier

Auto insurance policy specifics

Learning about specific coverages of auto insurance can be of help when determining which coverages you need at the best deductibles and correct limits. Policy terminology can be confusing and even agents have difficulty translating policy wording. Listed below are the usual coverages available from auto insurance companies.

Collision coverage

Collision coverage covers damage to your Camry from colliding with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like sideswiping another vehicle, hitting a parking meter, hitting a mailbox, driving through your garage door and colliding with a tree. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. You can also raise the deductible to bring the cost down.

Comprehensive insurance

This pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as falling objects, hitting a bird and a tree branch falling on your vehicle. The highest amount a auto insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage provide coverage for expenses for prosthetic devices, doctor visits, pain medications and nursing services. The coverages can be utilized in addition to your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Toyota Camry.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important.

Liability insurance

This can cover injuries or damage you cause to a person or their property by causing an accident. This coverage protects you from claims by other people, and doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.

Liability can pay for things like legal defense fees, pain and suffering, medical expenses and emergency aid. How much coverage you buy is your choice, but you should buy as high a limit as you can afford.