2007 Toyota Camry Insurance Rates
Average insurance rates for a 2007 Toyota Camry are $1,112 a year for full coverage. Comprehensive insurance costs an estimated $180, collision insurance costs $300, and liability coverage costs $474. Buying a liability-only policy costs as little as $522 a year, and high-risk insurance costs $2,406 or more. Teen drivers receive the highest rates at up to $4,426 a year.
Annual premium for full coverage: $1,112
Rate estimates for 2007 Toyota Camry Insurance
Rate data is compiled from all 50 U.S. states and averaged for all 2007 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 driver in their 40's, prices range range from as low as $522 for just liability insurance to a much higher rate of $2,406 for a driver who has had serious violations or accidents.
These differences show why anyone shopping for car insurance should compare rates for a targeted area and risk profile, rather than using price averages.
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Recommended Companies for Cheap 2007 Toyota Camry Insurance
Looking for cheaper auto insurance rates for your Toyota Camry? People not familiar with comparing insurance rates online may find purchasing the lowest-priced auto insurance is not as easy as it seems.
Consumers need to get comparison quotes occasionally because rates trend upward over time. Even if you got the best rates on Camry insurance a few years ago other companies may now be cheaper. Don’t believe everything you read about auto insurance online but with this article, you’re going to get the best ways to buy auto insurance cheaper.
Finding affordable coverage is not rocket science. If you are paying for car insurance now, you will be able to cut costs considerably using these methods. But vehicle owners do need to know the way companies market insurance on the web.
Vehicle Insurance Comparison
There are several ways to compare Toyota Camry insurance quotes, but one way is more efficient than others. You could waste a few hours talking about coverages with insurance companies in your area, or you could save time and use online quoting to quickly compare rates.
Recommended Companies for the Best Insurance Rates
Most major companies belong to a marketplace that enables customers to only type in their quote data once, and at least one company returns a rated price based on that information. This eliminates the need for quote requests to each individual insurance company.
To enter your information into the quoting system, click here to open in new window.
The one disadvantage to doing it this way is you don’t know exactly which carriers to get quotes from. So if you want to choose specific insurance companies for rate comparison, we have assembled a list of insurance companies in your area. Click to view list.
Whichever method you choose, make sure you use exactly the same coverages and limits with each company. If you are comparing higher or lower deductibles it will be next to impossible to find the best deal for your Toyota Camry. Just a small difference in coverage limits can make a big difference in price. And when comparing insurance rates, know that getting more free quotes will increase your chances of finding the best offered rates.
You probably qualify for some discounts
Companies offering auto insurance don’t always list every available discount very clearly, so here is a list some of the best known and the harder-to-find insurance savings.
- Multi-policy Discount – When you have multiple policies with the same insurance company you could get a discount of 10% to 20% off each policy.
- E-sign – A handful of insurance companies will discount your bill up to fifty bucks for buying your policy online.
- Own a Home – Simply owning a home may trigger a insurance policy discount because maintaining a house is proof that your finances are in order.
- Clubs and Organizations – Being a member of a civic or occupational organization could trigger savings when shopping for insurance on Camry insurance.
- Passive Restraints and Air Bags – Factory air bags or motorized seat belts can qualify for discounts of more than 20%.
- Payment Discounts – If paying your policy premium upfront rather than paying monthly you may reduce your total bill.
- Save over 55 – If you qualify as a senior citizen, you may qualify for a discount up to 10% on Camry insurance.
A little note about advertised discounts, some of the credits will not apply to all coverage premiums. Some only reduce specific coverage prices like collision or personal injury protection. So despite the fact that it appears adding up those discounts means a free policy, it just doesn’t work that way.
For a list of insurance companies with the best insurance discounts, click here to view.
There’s no such thing as the perfect policy
When it comes to buying coverage for your vehicles, there really is not a one size fits all plan. Everyone’s situation is unique.
These are some specific questions might point out whether or not you might need an agent’s assistance.
- Is my 2007 Toyota Camry covered for smoke damage?
- Does my 2007 Toyota Camry qualify for pleasure use?
- Am I missing any policy discounts?
- How can I force my company to pay a claim?
- When should my teen driver be added to my policy?
- Does my insurance cover damage caused when ticketed for reckless driving?
If it’s difficult to answer those questions, then you may want to think about talking to an agent. If you want to speak to an agent in your area, complete this form.
Auto insurance coverage information
Knowing the specifics of insurance aids in choosing which coverages you need and proper limits and deductibles. The terms used in a policy can be confusing and coverage can change by endorsement.
Uninsured/Underinsured Motorist coverage
Uninsured or Underinsured Motorist coverage provides protection when the “other guys” do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your Toyota Camry.
Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked.
This pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.
Collision insurance covers claims like damaging your car on a curb, sustaining damage from a pot hole, hitting a parking meter and hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. You can also bump up the deductible to save money on collision insurance.
Medical payments coverage and PIP
Coverage for medical payments and/or PIP pay for bills for things like rehabilitation expenses, pain medications, X-ray expenses, nursing services and funeral costs. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible
Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against things such as damage from a tornado or hurricane, falling objects, theft, hitting a bird and rock chips in glass. The maximum amount your insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.
Auto liability insurance
This can cover damages or injuries you inflict on people or other property by causing an accident. It protects YOU from legal claims by others. It does not cover damage sustained by your vehicle in an accident.
Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 25/50/25 that means you have $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.
Liability coverage protects against things such as medical expenses, court costs and pain and suffering. How much liability coverage do you need? That is up to you, but you should buy as much as you can afford.
Find the Cheapest Quotes in Your Area
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Rates by U.S. City
|New York City, NY||$1,755|
|Los Angeles, CA||$1,899|
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Rates by Driver Age
Full coverage, $500 deductibles
Rates by Deductible
Full coverage, driver age 40
Rates by Liability Limit
Full coverage, driver age 40
Rates for High Risk Drivers
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.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
|5-yr Accident Free||$73|
|5-yr Claim Free||$71|
|Paid in Full/EFT||$44|
Discounts are estimated and may not be available from every company or in every state.