Toyota Camry Insurance Rates

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Jeffrey Johnson

Insurance Lawyer

Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Insurance Lawyer

UPDATED: May 12, 2024

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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.

U.S. average auto insurance rates for a Toyota Camry are $1,412 annually including full coverage. Comprehensive costs approximately $294 each year, collision costs $570, and liability is $390. A policy with just liability insurance costs around $452 a year, with coverage for high-risk drivers costing around $3,066. Teens pay the highest rates at $5,266 a year or more.

Average premium for full coverage: $1,412

Price estimates by individual coverage:

Comprehensive $294
Collision $570
Liability $390

Full coverage includes $500 deductible amounts, 30/60 split liability limits, and includes medical and uninsured motorist coverage. Estimates are averaged for all 50 U.S. states and Camry models.

Price Range from Low to High

For the average driver, Toyota Camry insurance prices go from as cheap as $452 for just liability coverage to a high rate of $3,066 for a high-risk insurance policy.

Liability Only $452
Full Coverage $1,412
High Risk $3,066

Geographic Price Range

Choosing to live in a large city can make a big difference on car insurance prices. Rural locations have fewer comprehensive and collision claims than cities with more traffic congestion.

The graphic below illustrates how location impacts auto insurance prices.

Rural Areas $1,059
Small Cities $1,483
Large Cities $1,906

The ranges above highlight why all drivers should compare rates quotes using their specific location and their own personal driving habits, instead of making a decision based on averaged prices.

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

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

Detailed Rate Analysis

The chart below breaks down estimated Toyota Camry insurance rates for additional coverage and risk scenarios.

  • The cheapest rate after discounts is $808
  • Raising to $1,000 deductibles will save $194 every year
  • The estimated rate for the average middle-age driver who chooses $500 deductibles is $1,412
  • Selecting low deductibles will cost $1,796
  • Drivers with serious driving violations could pay around $3,066 or more
  • The price with full coverage for a 16-year-old driver can cost $5,266

View Chart as Image

Toyota Camry insurance cost comparison chart
Column chart showing full coverage Toyota Camry insurance rates range from $808 to $5,266

Insurance prices for a Toyota Camry are also quite variable based on the trim level and model year, your driving characteristics, and physical damage deductibles and liability limits.

More mature drivers with a clean driving record and high physical damage deductibles may pay as low as $1,300 every 12 months on average for full coverage. Prices are much higher for teenage drivers, where even without any violations or accidents they can expect to pay in the ballpark of $5,200 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you are likely paying anywhere from $1,700 to $2,300 extra each year, depending on your age. Insurance for high-risk drivers is expensive and can cost from 44% to 134% more than the average policy. View High Risk Driver Rates

Choosing higher comprehensive and collision insurance deductibles can reduce prices by up to $580 annually, whereas increasing liability limits will push prices upward. Changing from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $396 more per year. View Rates by Deductible or Liability Limit

The state you live in also has a big influence on Toyota Camry insurance prices. A middle-age driver might find prices as low as $1,080 a year in states like Vermont, New Hampshire, and Missouri, or have to pay at least $2,020 on average in Louisiana, New York, and Michigan.

Toyota Camry Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,278 -$134 -9.5%
Alaska $1,084 -$328 -23.2%
Arizona $1,174 -$238 -16.9%
Arkansas $1,412 -$0 0.0%
California $1,608 $196 13.9%
Colorado $1,350 -$62 -4.4%
Connecticut $1,452 $40 2.8%
Delaware $1,600 $188 13.3%
Florida $1,768 $356 25.2%
Georgia $1,306 -$106 -7.5%
Hawaii $1,014 -$398 -28.2%
Idaho $954 -$458 -32.4%
Illinois $1,052 -$360 -25.5%
Indiana $1,064 -$348 -24.6%
Iowa $954 -$458 -32.4%
Kansas $1,342 -$70 -5.0%
Kentucky $1,926 $514 36.4%
Louisiana $2,092 $680 48.2%
Maine $872 -$540 -38.2%
Maryland $1,166 -$246 -17.4%
Massachusetts $1,130 -$282 -20.0%
Michigan $2,456 $1,044 73.9%
Minnesota $1,182 -$230 -16.3%
Mississippi $1,692 $280 19.8%
Missouri $1,252 -$160 -11.3%
Montana $1,518 $106 7.5%
Nebraska $1,116 -$296 -21.0%
Nevada $1,694 $282 20.0%
New Hampshire $1,018 -$394 -27.9%
New Jersey $1,580 $168 11.9%
New Mexico $1,252 -$160 -11.3%
New York $1,490 $78 5.5%
North Carolina $812 -$600 -42.5%
North Dakota $1,158 -$254 -18.0%
Ohio $976 -$436 -30.9%
Oklahoma $1,452 $40 2.8%
Oregon $1,296 -$116 -8.2%
Pennsylvania $1,348 -$64 -4.5%
Rhode Island $1,886 $474 33.6%
South Carolina $1,282 -$130 -9.2%
South Dakota $1,192 -$220 -15.6%
Tennessee $1,238 -$174 -12.3%
Texas $1,704 $292 20.7%
Utah $1,046 -$366 -25.9%
Vermont $966 -$446 -31.6%
Virginia $846 -$566 -40.1%
Washington $1,090 -$322 -22.8%
West Virginia $1,296 -$116 -8.2%
Wisconsin $980 -$432 -30.6%
Wyoming $1,260 -$152 -10.8%

View Chart as Image

Toyota Camry insurance rates by U.S. city

Since prices can be so different, the best way to figure out who has the best auto insurance prices is to do a rate comparison from multiple companies. Every auto insurance company calculates prices differently, so the prices may be quite different between companies.

Insurance Rates by Trim Level and Model Year

Toyota Camry Insurance Rates by Model and Trim Level
Model and Trim Annual Premium Monthly Premium
Toyota Camry LE $1,328 $111
Toyota Camry SE $1,370 $114
Toyota Camry XLE $1,412 $118
Toyota Camry Hybrid $1,526 $127

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.

Toyota Camry Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2024 Toyota Camry $308 $594 $372 $1,432
2023 Toyota Camry $294 $570 $390 $1,412
2022 Toyota Camry $282 $566 $398 $1,404
2020 Toyota Camry $262 $530 $430 $1,380
2019 Toyota Camry $248 $512 $442 $1,360
2018 Toyota Camry $238 $474 $452 $1,322
2017 Toyota Camry $230 $446 $456 $1,290
2016 Toyota Camry $220 $400 $460 $1,238
2015 Toyota Camry $206 $368 $460 $1,192
2014 Toyota Camry $198 $346 $464 $1,166
2013 Toyota Camry $194 $322 $474 $1,148
2012 Toyota Camry $180 $300 $474 $1,112
2011 Toyota Camry $174 $272 $478 $1,082
2010 Toyota Camry $162 $248 $474 $1,042
2009 Toyota Camry $152 $226 $474 $1,010
2008 Toyota Camry $148 $202 $468 $976
2007 Toyota Camry $146 $198 $460 $962
2006 Toyota Camry $144 $188 $452 $942
2005 Toyota Camry $132 $180 $446 $916
2004 Toyota Camry $126 $170 $442 $896

Rates are averaged for all Toyota Camry models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.

How to Buy More Affordable Toyota Camry Insurance

Getting lower rates on insurance for a Toyota Camry consists of having a good driving record, having a good credit history, being claim-free, and maximizing policy discounts. Spend time shopping around at least every other year by getting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from local insurance agencies.

The next list is a summary of the car insurance concepts touched on above.

  • Drivers considered higher risk who have multiple accidents or major violations may have to pay on average $1,650 more per year to buy Toyota Camry insurance
  • You may be able to save around $170 per year simply by quoting online in advance
  • Increasing physical damage deductibles could save up to $575 each year
  • Insureds who purchase increased levels of liability coverage will pay approximately $430 per year to raise from a low 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.

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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:

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.

Rates by Driver Age

Toyota Camry Insurance Rates by Driver Age
Driver Age Premium
16 $5,266
20 $3,278
30 $1,474
40 $1,412
50 $1,292
60 $1,266

Full coverage, $500 deductibles

Rates by Deductible

Toyota Camry Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,796
$250 $1,618
$500 $1,412
$1,000 $1,218

Full coverage, driver age 40

Rates by Liability Limit

Toyota Camry Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,412
50/100 $1,614
100/300 $1,724
250/500 $2,010
100 CSL $1,658
300 CSL $1,900
500 CSL $2,076

Full coverage, driver age 40

Rates for High Risk Drivers

Toyota Camry Insurance Rates for High Risk Drivers
Age Premium
16 $7,520
20 $5,218
30 $3,134
40 $3,066
50 $2,926
60 $2,902

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 $75
Multi-vehicle $74
Homeowner $20
5-yr Accident Free $106
5-yr Claim Free $92
Paid in Full/EFT $66
Advance Quote $71
Online Quote $100
Total Discounts $604
Rate after discounts $808

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

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