1. Vehicles
  2. Toyota
  3. Camry
  4. 2003 Model Year

2003 Toyota Camry Insurance Rates

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

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 ...

Full Bio →

Written by

UPDATED: Nov 29, 2021

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Average insurance rates for a 2003 Toyota Camry are $916 a year with full coverage. Comprehensive costs on average $132 each year, collision costs $180, and liability insurance costs around $446. Buying a liability-only policy costs as low as $500 a year, with high-risk insurance costing around $1,972. Teenage drivers receive the highest rates at $3,764 a year or more.

Annual premium for full coverage: $916

Rate estimates for 2003 Toyota Camry Insurance

Comprehensive $132
Collision $180
Liability $446

Rate data is compiled from all 50 U.S. states and averaged for all 2003 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 40-year-old driver, prices range go from as low as $500 for a discount liability-only rate to a high rate of $1,972 for high-risk insurance.

Liability Only $500
Full Coverage $916
High Risk $1,972

View Chart as Image

2003 Toyota Camry insurance rates compared
Column chart showing 2003 Toyota Camry insurance prices range from $561 to $3,764 for full coverage

These differences demonstrate why all drivers should compare prices based on a specific location and risk profile, rather than relying 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 2003 Toyota Camry Insurance

Searching Companies

Want better insurance coverage rates for your Toyota Camry? Trying to find better insurance prices for a new or used Toyota Camry can normally be a painful process, but you can use a few tricks to save time.

There is a better way to find insurance coverage online and you need to know the proper way to get price quotes for a new or used Toyota and locate the lowest price from local insurance agents and online providers.

It’s important to compare prices quite often due to the fact that insurance rates change frequently. Even if you think you had the best rates for Camry coverage a year ago you can probably find a better price now. There is a lot of wrong information about insurance coverage on the web, but I’m going to show you some excellent ideas to slash your insurance coverage rates.

If you are insured now or need new coverage, you can use these tips to shop for the lowest rates while maximizing coverage. Pricing the best insurance coverage coverage is easy if you know what you’re doing. Drivers just need to learn the most effective way to get comparison quotes on the web.

Pay less by taking advantage of discounts

The cost of insuring your cars can be expensive, but companies offer discounts to cut the cost considerably. Most are applied when you quote, but less common discounts must be specifically requested before they will apply. If you’re not getting every credit possible, you’re paying more than you need to.

  • Use Seat Belts – Drivers who require all occupants to use their safety belts can save up to 15% off your PIP or medical payments premium.
  • Driver Safety – Taking a course in driver safety could cut 5% off your bill depending on where you live.
  • Low Mileage – Fewer annual miles on your Toyota could be rewarded with a substantially lower rate.
  • Driver’s Ed – Cut your cost by having your teen driver take driver’s ed class in high school.
  • New Vehicle Savings – Putting insurance coverage on a new car can cost up to 25% less because new vehicles have to meet stringent safety requirements.
  • Multi-car Discount – Buying coverage for more than one vehicle on one policy qualifies for this discount.
  • Pay Now and Pay Less – If you pay your bill all at once rather than paying monthly you could save up to 5%.
  • No Charge for an Accident – A handful of insurance companies permit an accident without raising rates if you are claim-free for a particular time prior to the accident.
  • Drive Safe and Save – Drivers who don’t get into accidents can get discounts for up to 45% lower rates for Camry coverage than less cautious drivers.

Consumers should know that most discount credits are not given to all coverage premiums. Most only apply to individual premiums such as liability and collision coverage. Just because you may think all those discounts means the company will pay you, companies wouldn’t make money that way. But all discounts will reduce the amount you have to pay.

Your coverage should be tailored to you

When buying the best car insurance coverage, there really is no perfect coverage plan. Every insured’s situation is different.

Here are some questions about coverages that may help highlight if your insurance needs will benefit from professional help.

  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Is business equipment covered while in my vehicle?
  • Am I covered when driving on a suspended license?
  • How does medical payments coverage work?
  • What happens if I owe more than my 2003 Toyota Camry is worth?
  • Should I get collision insurance on every vehicle?
  • How much liability insurance is required?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an insurance agent. To find an agent in your area, take a second and complete this form. It is quick, free and you can get the answers you need.

Is there truth in advertising?

Consumers can’t ignore all the ads for car insurance savings from the likes of Progressive, Allstate and GEICO. They all seem to make the same claim of big savings if you change your coverage to them.

How can each company make the same claim? It’s all in the numbers.

All companies are able to cherry pick for the driver that makes them money. An example of a profitable customer could be over the age of 40, a clean driving record, and drives less than 7,500 miles a year. Any new insured who meets those qualifications will get very good rates and is almost guaranteed to pay quite a bit less when switching companies.

Consumers who fall outside this ideal profile will be charged a more expensive rate and ends up with the driver buying from a lower-cost company. Company advertisements say “customers that switch” not “everybody who quotes” save that much. That is how insurance companies can confidently advertise the savings.

That is why you need to compare as many rates as you can. Because you never know which insurance companies will give you the biggest savings on Toyota Camry insurance.

Specific coverages for a Toyota Camry

Having a good grasp of your policy can help you determine the right coverages at the best deductibles and correct limits. Policy terminology can be difficult to understand and coverage can change by endorsement.

Coverage for medical expenses – Coverage for medical payments and/or PIP reimburse you for short-term medical expenses like funeral costs, chiropractic care, EMT expenses and hospital visits. They are utilized in addition to your health insurance policy or if you lack health insurance entirely. They cover you and your occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Collision – Collision coverage pays for damage to your Camry resulting from colliding with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things such as colliding with another moving vehicle, crashing into a ditch, sideswiping another vehicle, hitting a parking meter and rolling your car. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Comprehensive insurance – Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for things like rock chips in glass, vandalism, damage from a tornado or hurricane and hitting a bird. The highest amount your insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Coverage for uninsured or underinsured drivers – Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your Toyota Camry.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Most of the time the UM/UIM limits are set the same as your liablity limits.

Liability – This will cover injuries or damage you cause to other people or property in an accident. It protects you from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 100/300/100 which means a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit which combines the three limits into one amount without having the split limit caps.

Liability insurance covers claims such as attorney fees, repair bills for other people’s vehicles and court costs. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as large an amount as possible.

Have the Midas touch

Insureds switch companies for any number of reasons including delays in responding to claim requests, lack of trust in their agent, delays in paying claims and policy cancellation. Regardless of your reason for switching companies, finding the right insurance coverage provider can be less work than you think.

Low-cost 2003 Toyota Camry insurance can be bought online in addition to many insurance agents, so you should compare both so you have a total pricing picture. Some insurance companies do not provide online quoting and these smaller companies work with independent agents.

When trying to cut insurance costs, it’s a bad idea to skimp on coverage in order to save money. In many instances, someone sacrificed full coverage only to find out that their decision to reduce coverage ended up costing them more. Your strategy should be to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.

More tips and info about insurance coverage can be read by following these links:

Rates by U.S. City

2003 Toyota Camry Insurance Rates by City
City Premium
New York City, NY $1,449
Los Angeles, CA $1,566
Philadelphia, PA $1,226
Jacksonville, FL $1,329
Phoenix, AZ $1,064
Chicago, IL $1,228
Houston, TX $1,435
Seattle, WA $892
Columbus, OH $765
Indianapolis, IN $777

Need a specific model?

Choose your model and trim below

Rates by Driver Age

2003 Toyota Camry Insurance Rates by Driver Age
Driver Age Premium
16 $3,764
20 $2,106
30 $928
40 $916
50 $842
60 $824

Full coverage, $500 deductibles

Rates by Deductible

2003 Toyota Camry Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,050
$250 $988
$500 $916
$1,000 $844

Full coverage, driver age 40

Rates by Liability Limit

Toyota Camry Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $916
50/100 $1,005
100/300 $1,117
250/500 $1,407
100 CSL $1,050
300 CSL $1,295
500 CSL $1,474

Full coverage, driver age 40

Rates for High Risk Drivers

2003 Toyota Camry Insurance Rates for High Risk Drivers
Age Premium
16 $5,284
20 $3,352
30 $1,982
40 $1,972
50 $1,888
60 $1,870

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 $122

Potential Rate Discounts

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

Discount Savings
Multi-policy $45
Multi-vehicle $50
Homeowner $17
5-yr Accident Free $54
5-yr Claim Free $57
Paid in Full/EFT $32
Advance Quote $39
Online Quote $61
Total Discounts $355
Rate after discounts $561

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

Find companies with the cheapest rates in your area

2003 Toyota Camry Insurance Rates by State
State Premium
Alabama $828
Alaska $702
Arizona $760
Arkansas $916
California $1,044
Colorado $876
Connecticut $942
Delaware $1,038
Florida $1,146
Georgia $846
Hawaii $656
Idaho $618
Illinois $682
Indiana $688
Iowa $618
Kansas $870
Kentucky $1,250
Louisiana $1,356
Maine $564
Maryland $754
Massachusetts $734
Michigan $1,592
Minnesota $766
Mississippi $1,100
Missouri $812
Montana $984
Nebraska $724
Nevada $1,100
New Hampshire $660
New Jersey $1,024
New Mexico $812
New York $966
North Carolina $530
North Dakota $750
Ohio $632
Oklahoma $940
Oregon $838
Pennsylvania $876
Rhode Island $1,224
South Carolina $828
South Dakota $772
Tennessee $802
Texas $1,104
Utah $678
Vermont $628
Virginia $548
Washington $708
West Virginia $838
Wisconsin $634
Wyoming $816

Free Auto Insurance Comparison

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

 Secured with SHA-256 Encryption

You May Also Enjoy These Articles