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 $1,192 annually for full coverage. Comprehensive costs around $206, collision insurance costs $368, and liability coverage costs $460. A liability-only policy costs as little as $510 a year, and high-risk insurance costs around $2,588. Teens receive the highest rates at up to $4,674 a year.

Average premium for full coverage: $1,192

Rate estimates for individual coverage type:

Rate estimates include $500 policy deductibles, 30/60 liability coverage, and includes medical/PIP and uninsured motorist coverage. Rates are averaged for all states and for different Camry trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location has a large influence on auto insurance rates. Areas with sparse population tend to have fewer accident claims than cities with more traffic congestion. The price range example below illustrates how rural and urban location affects auto insurance rates.

These examples show why anyone shopping for car insurance should compare rates for a specific zip code and their own personal driving habits, rather than using averaged prices.

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

Additional Charts and Tables

The chart below shows average Toyota Camry insurance rates for additional coverage choices and driver risks.

• The cheapest rate after discounts is $697
• Drivers who choose higher $1,000 deductibles will pay about $130 a year
• The estimated rate for a 40-year-old driver using $500 deductibles is $1,192
• Selecting more expensive low deductibles for comprehensive and collision insurance will cost $1,446
• High-risk insureds with serious driving violations could pay at least $2,588
• The cost with full coverage for a teenage driver with full coverage can be $4,674 a year

View Chart as Image

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

An older driver with a clean driving record and high physical damage deductibles may only pay around $1,100 per year on average for full coverage. Rates are much higher for teen drivers, where even without any violations or accidents they can expect to pay as much as $4,600 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you could be paying at least $1,400 to $2,000 extra per year, depending on your age. High-risk driver insurance can cost around 43% to 131% more than the average policy. View High Risk Driver Rates

Choosing higher comprehensive and collision insurance deductibles could save up to $390 a year, while increasing your policy's liability limits will increase rates. Going from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $468 more per year. View Rates by Deductible or Liability Limit

Where you live makes a big difference in Toyota Camry insurance rates. A 40-year-old driver could pay as low as $790 a year in states like Idaho, Maine, and Iowa, or have to pay at least $1,700 on average in Michigan, Louisiana, and New York.

View Chart as Image

Insurance Rates by Trim Level and Model Year

Rates assume 2015 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 the Best Toyota Camry Insurance

Saving money on auto insurance not only requires being a good driver, but also having a good credit history, eliminating unneeded coverage, and dropping full coverage on older vehicles. Set aside time to shop around every year by requesting rates from direct carriers like Progressive and GEICO, and also from local independent and exclusive agents.

The following list is a brief recap of the coverage data raised in the charts and tables above.

• Drivers can save up to $140 per year just by shopping early and online
• Increasing deductibles could save up to $375 each year
• Drivers age 16 to 20 pay higher rates, costing as high as $390 per month including comprehensive and collision insurance
• Drivers who tend to receive serious violations pay an average of $1,400 more every year than a safer driver

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.