1. Vehicles
  2. Toyota
  3. Camry
  4. 2018 Model Year

2018 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: Dec 9, 2019

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 2018 Toyota Camry are $1,398 a year with full coverage. Comprehensive insurance costs on average $272, collision costs $552, and liability costs $416. Buying a liability-only policy costs as little as $474 a year, with high-risk insurance costing $3,046 or more. Teenage drivers receive the highest rates at $5,288 a year or more.

Annual premium for full coverage: $1,398

Rate estimates for 2018 Toyota Camry Insurance

Comprehensive $272
Collision $552
Liability $416

Rate data is compiled from all 50 U.S. states and averaged for all 2018 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 the average driver, prices range go from as low as $474 for basic liability insurance to a much higher rate of $3,046 for a driver that may need high-risk insurance.

Liability Only $474
Full Coverage $1,398
High Risk $3,046

View Chart as Image

2018 Toyota Camry insurance rates compared
Column chart showing 2018 Toyota Camry insurance prices range from $798 to $5,288 for full coverage

These differences demonstrate why anyone shopping for car insurance should compare rates based on a specific location and risk profile, instead of using 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 2018 Toyota Camry Insurance

Searching Companies

Are you burned out from scraping the payment together to pay high insurance rates every month? Your situation is no different than millions of other people.

People have many auto insurance companies to buy insurance from, and although it’s nice to have a selection, lots of choices makes it harder to adequately compare rates.

Buying the best coverage is easy if you know what you’re doing. Essentially everyone who buys insurance coverage will more than likely be able to reduce their rates. But consumers must understand how the larger insurance companies market insurance on the web.

Cheapest insurance coverage quotes

The are a couple different ways of comparing rates from companies that offer insurance coverage in your state. By far the easiest way to find the lowest 2018 Toyota Camry rates is to jump online and get quotes. This is very easy and can be done in a couple minutes as outlined below.

  1. Without a doubt, the easiest way to find low rates would be an industry-wide quote request form like this one (opens in new window). This style of form prevents you from having to do separate quote forms for every company. Taking the time to complete one form will return quotes from insurance coverage companies with the best prices.
  2. A more time consuming way to shop for insurance coverage online consists of going to each individual company website and go through the quote process again. For example, we’ll pretend you want rates from Farmers, Liberty Mutual and American Family. In order to compare rates, you need to take the time to go to each site to enter the same coverage data repeatedly, which can be really labor intensive. To view a list of companies in your area, click here.

The method you choose is up to you, but be certain you are entering exactly the same coverages with every price quote. If you are comparing different data it will be next to impossible to make a fair rate comparison. Quoting even small variations in limits can make a big difference in price. And when price shopping your coverage, comparing more quotes will enable you to find better pricing. Some smaller insurers to not give online rate quotes, so it’s important to also get quotes from the smaller companies as well.

Insurance coverage discounts are available to cut your rates

Insurance coverage is not an enjoyable expense, but there’s a good chance there are discounts that you may not even know about. A few discounts will automatically apply when you get a quote, but once in a while a discount must be specially asked for before you get the savings.

  • Accident Waiver – Not a discount per se, but some insurance companies will let one accident slide without raising rates if your claims history is clear for a specific time period.
  • Air Bags and Passive Restraints – Cars that have air bags or automatic seat belts can receive discounts of 20 to 30 percent.
  • Military Deployment Discount – Having an actively deployed family member can result in better prices.
  • Anti-theft Discount – Cars and trucks optioned with advanced anti-theft systems help deter theft and will qualify for a discount on a auto insurance quote.
  • Paperwork-free – Certain companies will discount your bill up to fifty bucks for buying a policy and signing up online.
  • Government Employees – Active or retired federal employment can save as much as 8% on Camry coverage with select insurance companies.
  • Memberships – Participating in qualifying employment or professional organizations could earn you a nice discount on your policy.

Consumers should know that most discount credits are not given to all coverage premiums. Most only apply to specific coverage prices like comprehensive or collision. Just because it seems like it’s possible to get free car insurance, nobody gets a free ride. Any amount of discount will positively reduce your policy cost.

Larger insurance coverage companies and a selection of discounts are:

  • GEICO may have discounts that include emergency military deployment, driver training, seat belt use, five-year accident-free, air bags, multi-vehicle, and multi-policy.
  • Mercury Insurance has discounts for low natural disaster claims, annual mileage, multi-policy, accident-free, location of vehicle, and type of vehicle.
  • Farmers Insurance has savings for mature driver, electronic funds transfer, homeowner, business and professional, distant student, switch companies, and early shopping.
  • Auto-Owners Insurance may include discounts for paid in full, teen driver, good student, student away at school, and company car.
  • Liberty Mutual includes discounts for new vehicle discount, exclusive group savings, hybrid vehicle, new graduate, and preferred payment discount.
  • SAFECO offers discounts including accident prevention training, safe driver, anti-theft, homeowner, anti-lock brakes, teen safe driver, and teen safety rewards.
  • Progressive discounts include continuous coverage, multi-policy, online quote discount, multi-vehicle, online signing, good student, and homeowner.
  • USAA may offer discounts for military installation, family discount, vehicle storage, driver training, and safe driver.

If you want inexpensive auto insurance quotes, ask every insurance company the best way to save money. Depending on the company, some discounts may not apply in your state. If you would like to see a list of providers who offer discounts, click here.

Lower the price of insurance with these tips

A large part of saving on insurance is knowing a few of the rating criteria that play a part in calculating insurance rates. When you understand what influences your rates, this empowers consumers to make smart changes that may reward you with better insurance rates.

Free Auto Insurance Comparison

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

 Secured with SHA-256 Encryption

Shown below are a few of the “ingredients” companies use to determine your premiums.

  • Extra policy coverages may not be needed – Policies have extra bells and whistles that sound like a good idea at the time but may not be useful. Add-on coverages like personal injury protection, towing, and membership fees may be costing you every month. These coverages may sound good when buying your policy, but if you have no use for them remove them and pocket the money.
  • Alarms and GPS tracking lower prices – Selecting a car model that has an advanced theft prevention system can save you a little every year. Theft deterrent systems such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart your vehicle from being stolen.
  • Which gender costs less? – Over the last 30 years, statistics show females are less aggressive when driving. However, don’t assume that women are better drivers. Both sexes have accidents at a similar rate, but men get into accidents with more damage. Men also get cited for more serious violations like DWI (DUI) or reckless driving.
  • Insurance is expensive for youthful drivers – Teenage drivers are statistically proven to be inattentive and easily distracted when driving with friends so they pay higher insurance rates. Older drivers are shown to be more cautious, cause fewer claims and accidents and get fewer tickets.
  • Single drivers take more risk – Being married helps lower the price when buying insurance. Marriage means you’re more mature and it’s proven that married drivers get in fewer accidents.

Everyone needs different insurance coverage coverages

When it comes to choosing the right insurance coverage, there is no perfect coverage plan. Each situation is unique so your insurance needs to address that. Here are some questions about coverages that can help discover if you would benefit from professional advice.

  • Exactly who is provided coverage by my policy?
  • Who is covered when they drive my 2018 Toyota Camry?
  • What if I don’t agree with a claim settlement offer?
  • Are split liability limits better than a combined single limit?
  • Will filing a claim cost me more?
  • Does my policy cover my teen driver if they drive my company car?
  • Should I get collision insurance on every vehicle?

If you’re not sure about those questions but a few of them apply, you might consider talking to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area.

Insurance coverages 101

Understanding the coverages of your insurance policy can help you determine the right coverages and the correct deductibles and limits. Insurance terms can be difficult to understand and coverage can change by endorsement. Shown next are the usual coverages found on the average insurance policy.

Liability

This coverage provides protection from injuries or damage you cause to other people or property in an accident. It protects you against other people’s claims, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 100/300/100 that means you have a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see one number which is a combined single limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability insurance covers things such as emergency aid, structural damage and repair bills for other people’s vehicles. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

Coverage for collisions

This coverage covers damage to your Camry resulting from a collision with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims like crashing into a ditch, scraping a guard rail, backing into a parked car, damaging your car on a curb and colliding with another moving vehicle. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Coverage for medical payments

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses such as hospital visits, nursing services, rehabilitation expenses, pain medications and chiropractic care. They are used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. They cover you and your occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Uninsured and underinsured coverage

This coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your Toyota Camry.

Because many people carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Frequently these coverages are similar to your liability insurance amounts.

Comprehensive coverages

This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as a tree branch falling on your vehicle, vandalism, rock chips in glass and damage from flooding. The maximum amount a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Compare but don’t skimp

As you go through the steps to switch your coverage, it’s a bad idea to skimp on coverage in order to save money. There have been many situations where drivers have reduced comprehensive coverage or liability limits and discovered at claim time that a couple dollars of savings turned into a financial nightmare. The aim is to get the best coverage possible at an affordable rate, but do not skimp to save money.

Some insurance providers do not offer online quoting smaller companies provide coverage only through independent insurance agencies. Low-cost 2018 Toyota Camry insurance is definitely available both online and also from your neighborhood agents, and you should compare rates from both to have the best selection.

Additional insurance information can be found below:

Use our FREE quote tool to compare rates now!

Rates by U.S. City

2018 Toyota Camry Insurance Rates by City
City Premium
New York City, NY $2,211
Los Angeles, CA $2,391
Philadelphia, PA $1,868
Jacksonville, FL $2,030
Phoenix, AZ $1,627
Chicago, IL $1,876
Houston, TX $2,194
Seattle, WA $1,363
Columbus, OH $1,171
Indianapolis, IN $1,191

Need a specific model?

Choose your model and trim below

Rates by Driver Age

2018 Toyota Camry Insurance Rates by Driver Age
Driver Age Premium
16 $5,288
20 $3,260
30 $1,458
40 $1,398
50 $1,280
60 $1,256

Full coverage, $500 deductibles

Rates by Deductible

2018 Toyota Camry Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,764
$250 $1,594
$500 $1,398
$1,000 $1,212

Full coverage, driver age 40

Rates by Liability Limit

Toyota Camry Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,398
50/100 $1,481
100/300 $1,585
250/500 $1,856
100 CSL $1,523
300 CSL $1,752
500 CSL $1,918

Full coverage, driver age 40

Rates for High Risk Drivers

2018 Toyota Camry Insurance Rates for High Risk Drivers
Age Premium
16 $7,544
20 $5,196
30 $3,112
40 $3,046
50 $2,910
60 $2,884

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 $199

Potential Rate Discounts

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

Discount Savings
Multi-policy $74
Multi-vehicle $75
Homeowner $21
5-yr Accident Free $105
5-yr Claim Free $91
Paid in Full/EFT $65
Advance Quote $70
Online Quote $99
Total Discounts $600
Rate after discounts $798

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

Find companies with the cheapest rates in your area

2018 Toyota Camry Insurance Rates by State
State Premium
Alabama $1,266
Alaska $1,074
Arizona $1,162
Arkansas $1,398
California $1,594
Colorado $1,338
Connecticut $1,440
Delaware $1,584
Florida $1,750
Georgia $1,292
Hawaii $1,004
Idaho $946
Illinois $1,042
Indiana $1,054
Iowa $946
Kansas $1,330
Kentucky $1,910
Louisiana $2,070
Maine $862
Maryland $1,154
Massachusetts $1,120
Michigan $2,430
Minnesota $1,170
Mississippi $1,676
Missouri $1,242
Montana $1,504
Nebraska $1,104
Nevada $1,676
New Hampshire $1,008
New Jersey $1,564
New Mexico $1,238
New York $1,474
North Carolina $806
North Dakota $1,144
Ohio $968
Oklahoma $1,436
Oregon $1,282
Pennsylvania $1,334
Rhode Island $1,864
South Carolina $1,266
South Dakota $1,182
Tennessee $1,226
Texas $1,688
Utah $1,036
Vermont $958
Virginia $840
Washington $1,082
West Virginia $1,282
Wisconsin $968
Wyoming $1,246

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