Toyota Camry Insurance Rates

You may be asking, “What is the Toyota Camry insurance cost per month?” Toyota Camry insurance rates are $1,432 a year, or around $119 a month on average. 

There are a number of factors that ultimately determine Toyota Camry insurance costs, such as the model year of the vehicle. For example, 2018 Camry insurance costs are more affordable than the newest model. 

Let our thorough guide serve as your main point of reference as you explore Toyota Camry car insurance quotes. Once you’re ready, be sure to enter your five-digit ZIP code to start comparing Toyota Camry insurance rates from multiple companies.

Average auto insurance rates for a Toyota Camry are $1,404 annually with full coverage. Comprehensive costs on average $282 a year, collision insurance costs $566, and liability coverage is estimated at $398. A policy with just liability insurance costs approximately $460 a year, and coverage for high-risk drivers costs around $3,054. Teenage drivers receive the highest rates at up to $5,272 a year.

Average premium for full coverage: $1,404

Rate estimates by individual coverage type:

Estimates include $500 deductibles, liability coverage up to 30/60, and includes medical and UM/UIM coverage. Rates are averaged for all U.S. states and Camry trim levels.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city has a large influence on auto insurance rates. Rural areas tend to have fewer collision claims than densely populated cities. The diagram below illustrates how geographic area affects car insurance rates.

These examples demonstrate why it is important to get quotes based on a specific location and their own personal driving habits, rather than using average rates.

Use the form below to get customized rates for your location.

More Rate Details

The chart below details average Toyota Camry insurance rates for different risk profiles and scenarios.

• The best discount rate is $801
• Choosing higher $1,000 deductibles can save around $1,212 annually
• The estimated rate for a 40-year-old driver with $500 deductibles is $1,404
• Using low $100 deductibles for comp and collision coverage will cost $1,780
• Drivers who are prone to accidents and violations could pay upwards of $3,054
• The cost with full coverage for a teenage driver may cost $5,272 each year

View Chart as Image

Insurance rates for a Toyota Camry can also vary considerably based on the trim level of your Camry, your driving record, and policy deductibles and limits.

Older drivers with no violations or accidents and high physical damage deductibles may only pay around $1,300 annually on average for full coverage. Rates are much higher for teen drivers, where even without any violations or accidents they should be prepared to pay upwards of $5,200 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you may be forking out at a minimum $1,700 to $2,300 additional per year, depending on your age. A high-risk auto insurance policy ranges around 44% to 135% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can save as much as $570 a year, while buying higher liability limits will cost you more. Moving from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $405 more each year. View Rates by Deductible or Liability Limit

Where you live plays a big part in determining prices for Toyota Camry insurance rates. A good driver about age 40 could pay as low as $1,010 a year in states like New Hampshire, Ohio, and Utah, or be forced to pay as much as $1,900 on average in Florida, Michigan, and New York.

View Chart as Image

Insurance Rates by Trim Level and Model Year

Rates assume 2023 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Buy Low Cost Toyota Camry Insurance

Saving money on auto insurance takes not taking risks behind the wheel, having good credit, eliminating unnecessary coverage, and dropping full coverage on older vehicles. Invest the time to compare rates every time your policy renews by getting rate quotes from direct companies like Progressive and GEICO, and also from local independent and exclusive agents.

The following is a review of the information presented in the illustrations above.

• You may be able to save as much as $170 per year just by quoting early and online
• Teens pay higher rates, with premiums as much as $439 per month if they have full coverage
• Increasing deductibles could save up to $575 each year
• Drivers who have several accidents or serious violations pay an average of $1,650 more each year for Camry insurance
• Consumers who require higher liability limits will pay an extra $440 every year to raise limits from a minimum limit to higher 250/500 limits

As you can see from the information we’ve gone over to this point, it’s clear that there are differences in costs when it comes to a Toyota Camry insurance policy. For example, 2015 Toyota Camry insurance costs are more expensive than 2012 Toyota Camry insurance costs.

The best way to find out what you might pay is by taking advantage of our free online tool below.

What are the Toyota Camry safety ratings?

It’s important to consider the safety ratings of the Toyota Camry to get a proper understanding of where you might qualify for policy discounts. 

Take a look at the safety ratings of the Toyota Camry below so you can see where you might be eligible for policy discounts.

• Small overlap front (driver-side): Good
• Small overlap front (passenger-side): Good
• Moderate overlap front: Good
• Side: Good
• Roof strength: Good
• Head restraints and seats: Good

For a frame of reference, the Insurance Institute for Highway Safety classifies “Good” as the highest rating possible. The Toyota Camry achieved that mark in every part of the car that was tested, meaning it absolutely aced the crash test.

Toyota Camry Compared Against Other Vehicles in the Same Class

Officially, the Toyota Camry is classified as a midsize four-door sedan by the Insurance Institute for Highway Safety. Other similar models include the following:

• Honda Accord
• Subaru Legacy
• Volkswagen Passat

When providing you with a quote, insurance companies will consider the loss percentages of the Toyota Camry as it compares to other similar models in this class.

The good news is that the Toyota Camry reflects a property damage liability loss percentage of -39 percent and a bodily injury liability loss percentage of -28 percent. Both of these figures are considered way above average for this vehicle class.

Now that we have gone into great detail about how Toyota Camry insurance rates are calculated, is there anything we might have missed? If not, start comparing Toyota Camry quotes from multiple companies through the use of our free online tool.