Cheapest 2009 Toyota Camry Insurance Rates in 2023

Looking for better car insurance rates for your Toyota Camry? Purchasing the most affordable car insurance on the web is challenging for consumers not familiar with buying insurance online. Because there are so many online companies, how can anyone possibly compare the different rates to find the best pricing?

Which discounts can lower your rates?

Companies offering auto insurance don’t list every available discount in an easy-to-find place, so we researched both the well known as well as the least known savings tricks you should be using.

• Sign Online – A few companies may give you up to $50 for buying a policy and signing up digitally online.
• Drive Less and Save – Keeping the miles down on your Toyota could be rewarded with a substantially lower rate.
• Own a Home – Simply owning a home can help you save on car insurance because owning a home requires personal responsibility.
• Senior Citizens – If you qualify as a senior citizen, you may receive reduced rates for Camry insurance.
• Early Switch Discount – Select companies give a discount for switching to them prior to your current policy expiring. It’s a savings of about 10%.
• Military Discounts – Being on active duty in the military could mean lower rates.
• Drivers Ed for Students – Require your teen driver to successfully complete driver’s ed class in school.
• Braking Control Discount – Cars that have steering control and anti-lock brakes are safer to drive and earn discounts up to 10%.
• Auto/Life Discount – Companies who offer life insurance give a discount if you purchase life insurance from them.

As a disclaimer on discounts, most discount credits are not given to the overall cost of the policy. A few only apply to individual premiums such as collision or personal injury protection. So even though they make it sound like all the discounts add up to a free policy, you won’t be that lucky.

Different People Need Different Coverages

When it comes to choosing adequate coverage for your vehicles, there is no cookie cutter policy. Everyone’s needs are different.

These are some specific questions may help you determine if you will benefit from professional help.

• I have a DUI can I still get coverage?
• Can my teen drive my company car?
• Does insurance cover tools stolen from my truck?
• Am I covered if I drive in a foreign country?
• What is the difference between comprehensive and collision coverage?
• When should my teen driver be added to my policy?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to an agent. If you don’t have a local agent, complete this form.

The Fine Print in Insurance Coverage Ads

Insurance coverage providers like State Farm, GEICO and Progressive constantly bombard you with ads in print and on television. They all make the same claim that you’ll save big if you switch your policy. But how can every company make almost identical claims? It’s all in the numbers.

Insurance companies have a certain “appetite” for the driver that is profitable for them. A good example of a preferred risk could possibly be between 25 and 40, is a homeowner, and chooses high deductibles. A customer getting a price quote who fits that profile will get very good rates and most likely will save when they switch companies.

Potential customers who don’t meet these standards will be quoted a higher premium which usually ends up with business going elsewhere. Company advertisements say “people who switch” not “everyone that quotes” save money. This is how companies can advertise the way they do. This emphasizes why you need to get as many comparisons as possible. It’s impossible to know which company will fit your personal profile best.

Coverages Available on Your Policy

Understanding the coverages of your auto insurance policy aids in choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be confusing and nobody wants to actually read their policy.

Collision coverage – Collision insurance pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicles. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like colliding with another moving vehicle, backing into a parked car, hitting a mailbox, sustaining damage from a pot hole and colliding with a tree. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to save money on collision insurance.

Liability insurance – This coverage can cover damage or injury you incur to other people or property. It protects you against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see values 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 $25,000 of coverage for damaged property.

Liability coverage pays for claims like bail bonds, court costs and loss of income. The amount of liability coverage you purchase is a decision to put some thought into, but buy as large an amount as possible.

Comprehensive (Other than Collision) – Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like damage from getting keyed, a broken windshield and theft. The highest amount an auto insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses like doctor visits, funeral costs, chiropractic care and nursing services. The coverages can be used to fill the gap in your health insurance policy or if you do not have health coverage. They cover both the driver and occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Protection from uninsured/underinsured drivers – This protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your Toyota Camry.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

The 2009 Toyota Camry has been the best-selling car in America for nine of the past ten years. It remains one of the most style-conscious Camrys to date. If you want to know how much is a 2009 Toyota Camry, click here.

Be a Smart Shopper

We covered a lot of techniques to get a better price on 2009 Toyota Camry insurance. The key thing to remember is the more rate quotes you have, the better your chances of lowering your rates. You may be surprised to find that the biggest savings come from a small mutual company.

Cheaper insurance can be bought from both online companies in addition to many insurance agents, and you need to comparison shop both to have the best chance of lowering rates. Some insurance providers do not provide online quoting and most of the time these small insurance companies sell through independent agents.

People change insurance companies for a number of reasons such as poor customer service, being labeled a high risk driver, extreme rates for teen drivers and high rates after DUI convictions. No matter why you want to switch, finding the right auto insurance provider is less work than it seems.

Other resources

• What are my rights when filing a claim? (Insurance Information Insitute)
• Five Steps to Filing an Auto Insurance Claim (Insurance Information Insitute)
• Side Impact Crash Tests (iihs.org)