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2002 Toyota Camry Insurance Rates

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Jeffrey Johnson graduated summa cum laude from the University of Baltimore School of Law and has worked in legal offices and nonprofits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman University and worked in film, education, and publishing. His professional writing has appeared on sites like The Manifest and Vice, and he is the author of a novel ...

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UPDATED: Nov 29, 2021

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Average insurance rates for a 2002 Toyota Camry are $896 a year for full coverage insurance. Comprehensive insurance costs an estimated $126, collision costs $170, and liability costs around $442. Buying a liability-only policy costs as low as $496 a year, with high-risk insurance costing $1,930 or more. Teenage drivers receive the highest rates at $3,700 a year or more.

Annual premium for full coverage: $896

Rate estimates for 2002 Toyota Camry Insurance

Comprehensive $126
Collision $170
Liability $442

Rate data is compiled from all 50 U.S. states and averaged for all 2002 Toyota Camry models. Rates are based on a 40-year-old male driver, $500 comprehensive and collision deductibles, and a clean driving record. Remaining premium consists of UM/UIM coverage, Medical/PIP, and policy fees.

Price Range by Coverage and Risk

For a middle-aged driver, prices range go from as low as $496 for just liability coverage to a much higher rate of $1,930 for a high risk driver.

Liability Only $496
Full Coverage $896
High Risk $1,930

View Chart as Image

2002 Toyota Camry insurance rates compared
Column chart showing 2002 Toyota Camry insurance prices range from $552 to $3,700 for full coverage

These differences illustrate why anyone shopping for car insurance should compare prices for a targeted area and risk profile, instead of making a decision based on average rates.

Use the form below to get rates for your location.

Enter your zip code below to view companies based on your location that have cheap auto insurance rates.

Recommended Companies for Cheap 2002 Toyota Camry Insurance

Searching Companies

Shopping for the most affordable auto insurance over the internet is impossible for beginners to shopping for insurance online. With dozens of choices, how can you effectively compare them all to find the best price?

Finding the best rates is not rocket science. Basically, everyone who buys insurance stands a good chance to be able to find better rates. Although car owners do need to understand the way companies market on the web and use this information to your advantage.

Save money by taking advantage of these discounts

Companies offering auto insurance don’t always advertise all available discounts very clearly, so we researched both well-publicized and the more hidden insurance coverage savings.

  • Passive Restraints and Air Bags – Vehicles equipped with air bags or automatic seat belts can receive discounts of up to 25% or more.
  • Early Signing – A few companies offer discounts for switching policies before your current policy expires. This can save 10% or more.
  • Braking Control Discount – Vehicles with anti-lock braking systems can reduce accidents and will save you 10% or more.
  • Driver’s Ed – Cut your cost by having your teen driver complete a driver education course in high school.
  • Discount for New Cars – Adding a new car to your policy can be considerably cheaper due to better safety requirements for new cars.
  • No Accidents – Drivers who don’t have accidents can earn big discounts when compared with accident-prone drivers.
  • Federal Employees – Active or retired federal employment may qualify you for a discount on Camry coverage depending on your company.

It’s important to understand that most credits do not apply to the entire policy premium. Some only reduce the price of certain insurance coverages like comp or med pay. Just because you may think it’s possible to get free car insurance, you won’t be that lucky.

When should I use an insurance agent?

When buying coverage for your personal vehicles, there really is not a best way to insure your cars. Each situation is unique.

For example, these questions might help in determining whether you might need professional guidance.

  • If I drive on a suspended license am I covered?
  • Is my ex-spouse still covered by my policy?
  • What happens if I owe more than my 2002 Toyota Camry is worth?
  • Can I afford to buy a different vehicle if my 2002 Toyota Camry is totaled?
  • How much liability do I need to cover my assets?
  • Does car insurance cover theft of personal property?
  • Can I drive in Mexico and have coverage?
  • Does insurance cover tools stolen from my truck?
  • What discounts do I qualify for?
  • Do I pay less for low miles?

If you can’t answer these questions but a few of them apply, you may need to chat with a licensed agent. If you don’t have a local agent, simply complete this short form.

Beware of misleading auto insurance ads

21st Century, Allstate and State Farm regularly use ads on television and other media. All the companies have a common claim that you’ll save big if you move to their company. How do they all claim to save you money? This is how they do it.

Insurance companies are able to cherry pick for the type of driver that is profitable for them. For instance, a driver they prefer might be profiled as between the ages of 30 and 50, a clean driving record, and drives newer vehicles. A customer getting a price quote who matches those parameters receives the best rates and most likely will save quite a bit of money when switching.

Drivers who don’t qualify for these standards will have to pay a higher premium which usually ends up with the driver buying from a lower-cost company. The ad wording is “people who switch” not “everybody who quotes” save money. That’s the way companies can truthfully advertise the way they do. Because of the profiling, you should compare as many rates as you can. Because you never know which company will fit your personal profile best.

Insurance coverages explained

Understanding the coverages of insurance can be of help when determining which coverages you need and the correct deductibles and limits. Insurance terms can be impossible to understand and coverage can change by endorsement.

Comprehensive insurance

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

Comprehensive insurance covers things such as theft, damage from getting keyed, fire damage and hitting a deer. The maximum amount you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your Toyota Camry.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Auto collision coverage

This pays for damage to your Camry from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like colliding with a tree, crashing into a ditch, hitting a parking meter, sustaining damage from a pot hole and hitting a mailbox. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. You can also raise the deductible to get cheaper collision coverage.

Auto liability insurance

Liability coverage can cover damage or injury you incur to other’s property or people that is your fault. It protects YOU against claims from other people, and doesn’t cover your own vehicle damage or injuries.

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

Liability insurance covers claims like structural damage, bail bonds, emergency aid, funeral expenses and court costs. How much liability coverage do you need? That is a personal decision, but buy as high a limit as you can afford.

Coverage for medical expenses

Coverage for medical payments and/or PIP reimburse you for bills for funeral costs, chiropractic care, surgery, ambulance fees and rehabilitation expenses. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Shop Smart and Save

Discount 2002 Toyota Camry insurance can be found on the web and with local insurance agents, and you need to comparison shop both in order to have the best price selection to choose from. Some insurance providers do not offer the ability to get a quote online and usually these regional insurance providers provide coverage only through local independent agents.

When you buy insurance online, it’s not a good idea to buy lower coverage limits just to save a few bucks. There are a lot of situations where an insured dropped collision coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your focus should be to find the BEST coverage at a price you can afford.

Insureds switch companies for a number of reasons such as poor customer service, delays in paying claims, extreme rates for teen drivers and not issuing a premium refund. Whatever your reason, finding a new company can be pretty painless.

To read more, take a look at the following helpful articles:

Rates by U.S. City

2002 Toyota Camry Insurance Rates by City
City Premium
New York City, NY $1,422
Los Angeles, CA $1,533
Philadelphia, PA $1,198
Jacksonville, FL $1,302
Phoenix, AZ $1,044
Chicago, IL $1,202
Houston, TX $1,407
Seattle, WA $877
Columbus, OH $753
Indianapolis, IN $764

Need a specific model?

Choose your model and trim below

Rates by Driver Age

2002 Toyota Camry Insurance Rates by Driver Age
Driver Age Premium
16 $3,700
20 $2,064
30 $910
40 $896
50 $826
60 $808

Full coverage, $500 deductibles

Rates by Deductible

2002 Toyota Camry Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,026
$250 $968
$500 $896
$1,000 $828

Full coverage, driver age 40

Rates by Liability Limit

Toyota Camry Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $896
50/100 $984
100/300 $1,095
250/500 $1,382
100 CSL $1,029
300 CSL $1,272
500 CSL $1,449

Full coverage, driver age 40

Rates for High Risk Drivers

2002 Toyota Camry Insurance Rates for High Risk Drivers
Age Premium
16 $5,192
20 $3,284
30 $1,940
40 $1,930
50 $1,848
60 $1,830

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $119

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $44
Multi-vehicle $49
Homeowner $16
5-yr Accident Free $52
5-yr Claim Free $55
Paid in Full/EFT $31
Advance Quote $38
Online Quote $59
Total Discounts $344
Rate after discounts $552

Discounts are estimated and may not be available from every company or in every state.

Find companies with the cheapest rates in your area

2002 Toyota Camry Insurance Rates by State
State Premium
Alabama $812
Alaska $688
Arizona $746
Arkansas $896
California $1,022
Colorado $856
Connecticut $924
Delaware $1,016
Florida $1,122
Georgia $828
Hawaii $644
Idaho $608
Illinois $668
Indiana $676
Iowa $606
Kansas $854
Kentucky $1,224
Louisiana $1,330
Maine $554
Maryland $740
Massachusetts $720
Michigan $1,560
Minnesota $750
Mississippi $1,076
Missouri $796
Montana $966
Nebraska $708
Nevada $1,076
New Hampshire $646
New Jersey $1,004
New Mexico $794
New York $948
North Carolina $516
North Dakota $736
Ohio $622
Oklahoma $922
Oregon $822
Pennsylvania $856
Rhode Island $1,198
South Carolina $812
South Dakota $758
Tennessee $788
Texas $1,082
Utah $666
Vermont $614
Virginia $538
Washington $696
West Virginia $822
Wisconsin $622
Wyoming $800

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