Toyota Camry Insurance Rates

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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.

Estimated insurance rates for a Toyota Camry are $1,404 a year with full coverage. Comprehensive costs around $282, collision costs $566, and liability is estimated at $398. Liability-only insurance costs approximately $460 a year, with high-risk driver insurance costing around $3,054. Teen drivers pay the most at $5,272 a year or more.

Average premium for full coverage: $1,404

Premium estimates for type of coverage:

Comprehensive $282
Collision $566
Liability $398

Price estimates include $500 policy deductibles, liability limits of 30/60, and includes medical and UM/UIM coverage. Rates include averaging for all U.S. states and for all Camry models.

Insurance Price Range by Risk and Coverage

For the average driver, insurance rates for a Toyota Camry go from the low end price of $460 for just liability insurance to the much higher price of $3,054 for a driver that may need high-risk insurance.

Liability Only $460
Full Coverage $1,404
High Risk $3,054

Insurance Price Range by Location

Living in a larger city can make a big difference on insurance rates. Areas with sparse population are statistically proven to have lower incidents of collision claims than larger metro areas.

The example below illustrates how location impacts auto insurance rates.

Rural Areas $1,053
Small Cities $1,474
Large Cities $1,895

These rate differences demonstrate why everyone should get quotes for a specific zip code, instead of making a decision based on price averages.

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.

More Rate Details

The chart below details estimated Toyota Camry insurance rates for additional coverage choices and driver risks.

  • The lowest rate with discounts is $801
  • Choosing higher $1,000 deductibles can save about $192 annually
  • The estimated price for a 40-year-old good driver using $500 deductibles is $1,404
  • Choosing pricier low deductibles for comp and collision coverage bumps up the cost to $1,780
  • Higher-risk drivers with multiple violations and an at-fault accident could pay at least $3,054 or more
  • An auto insurance policy that insures a 16-year-old driver for full coverage can be $5,272 each year

View Chart as Image

Toyota Camry insurance cost comparison chart
Column chart showing full coverage Toyota Camry insurance rates range from $801 to $5,272

Insurance prices for a Toyota Camry also have a wide range based on the model of your Camry, your age and driving habits, and deductibles and policy limits.

If you have a few violations or you caused an accident, you may be forking out at least $1,700 to $2,300 additional annually, depending on your age. Toyota Camry insurance for high-risk drivers ranges from 44% to 135% more than average. View High Risk Driver Rates

A more mature driver with no violations or accidents and higher comprehensive and collision deductibles may pay as low as $1,300 annually on average, or $108 per month, for full coverage. Prices are highest for drivers in their teens, since even teens with perfect driving records should be prepared to pay as much as $5,200 a year. View Rates by Age

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

Toyota Camry Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,270 -$134 -9.5%
Alaska $1,078 -$326 -23.2%
Arizona $1,166 -$238 -17.0%
Arkansas $1,404 -$0 0.0%
California $1,602 $198 14.1%
Colorado $1,340 -$64 -4.6%
Connecticut $1,446 $42 3.0%
Delaware $1,588 $184 13.1%
Florida $1,758 $354 25.2%
Georgia $1,298 -$106 -7.5%
Hawaii $1,008 -$396 -28.2%
Idaho $950 -$454 -32.3%
Illinois $1,048 -$356 -25.4%
Indiana $1,058 -$346 -24.6%
Iowa $948 -$456 -32.5%
Kansas $1,336 -$68 -4.8%
Kentucky $1,916 $512 36.5%
Louisiana $2,078 $674 48.0%
Maine $868 -$536 -38.2%
Maryland $1,158 -$246 -17.5%
Massachusetts $1,124 -$280 -19.9%
Michigan $2,442 $1,038 73.9%
Minnesota $1,176 -$228 -16.2%
Mississippi $1,684 $280 19.9%
Missouri $1,246 -$158 -11.3%
Montana $1,508 $104 7.4%
Nebraska $1,108 -$296 -21.1%
Nevada $1,686 $282 20.1%
New Hampshire $1,012 -$392 -27.9%
New Jersey $1,570 $166 11.8%
New Mexico $1,246 -$158 -11.3%
New York $1,480 $76 5.4%
North Carolina $810 -$594 -42.3%
North Dakota $1,150 -$254 -18.1%
Ohio $970 -$434 -30.9%
Oklahoma $1,444 $40 2.8%
Oregon $1,286 -$118 -8.4%
Pennsylvania $1,340 -$64 -4.6%
Rhode Island $1,876 $472 33.6%
South Carolina $1,274 -$130 -9.3%
South Dakota $1,186 -$218 -15.5%
Tennessee $1,230 -$174 -12.4%
Texas $1,694 $290 20.7%
Utah $1,040 -$364 -25.9%
Vermont $962 -$442 -31.5%
Virginia $840 -$564 -40.2%
Washington $1,088 -$316 -22.5%
West Virginia $1,288 -$116 -8.3%
Wisconsin $972 -$432 -30.8%
Wyoming $1,250 -$154 -11.0%

View Chart as Image

Toyota Camry insurance rates by U.S. city

Choosing high deductibles can save as much as $570 annually, whereas buying more liability protection will increase prices. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $405 more each year. View Rates by Deductible or Liability Limit

With such a large range in prices, the best way to find out your exact price is to regularly compare prices from multiple companies. Each auto insurer uses a different rate calculation, and prices will be substantially different.

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 $1,318 $110
Toyota Camry SE $1,362 $114
Toyota Camry XLE $1,404 $117
Toyota Camry Hybrid $1,520 $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 $294 $570 $390 $1,412
2023 Toyota Camry $282 $566 $398 $1,404
2022 Toyota Camry $272 $552 $416 $1,398
2020 Toyota Camry $248 $512 $442 $1,360
2019 Toyota Camry $238 $474 $452 $1,322
2018 Toyota Camry $230 $446 $456 $1,290
2017 Toyota Camry $220 $400 $460 $1,238
2016 Toyota Camry $206 $368 $460 $1,192
2015 Toyota Camry $198 $346 $464 $1,166
2014 Toyota Camry $194 $322 $474 $1,148
2013 Toyota Camry $180 $300 $474 $1,112
2012 Toyota Camry $174 $272 $478 $1,082
2011 Toyota Camry $162 $248 $474 $1,042
2010 Toyota Camry $152 $226 $474 $1,010
2009 Toyota Camry $148 $202 $468 $976
2008 Toyota Camry $146 $198 $460 $962
2007 Toyota Camry $144 $188 $452 $942
2006 Toyota Camry $132 $180 $446 $916
2005 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 Find Cheaper Toyota Camry Insurance

Finding better rates on insurance for a Toyota Camry takes being safe and accident-free, having a good credit score, being claim-free, and taking advantage of discounts. Shop around once a year by obtaining price quotes from direct companies, and also from your local independent and exclusive agents.

Below you'll find a condensed summary of the data that was touched on above.

  • You may be able to save up to $170 per year simply by quoting online well ahead of the renewal date
  • Insureds who may need more liability protection will pay about $440 every year to raise limits from 30/60 bodily injury limits to the 250/500 level
  • Youthful drivers are charged the highest prices, possibly costing $439 per month if comprehensive and collision insurance is included
  • Drivers considered higher risk with multiple at-fault accidents may pay on average $1,650 more every year than a low-risk 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.

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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 $5,272
20 $3,272
30 $1,468
40 $1,404
50 $1,286
60 $1,262

Full coverage, $500 deductibles

Rates by Deductible

Toyota Camry Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,780
$250 $1,604
$500 $1,404
$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 $1,404
50/100 $1,610
100/300 $1,723
250/500 $2,015
100 CSL $1,655
300 CSL $1,903
500 CSL $2,083

Full coverage, driver age 40

Rates for High Risk Drivers

Toyota Camry Insurance Rates for High Risk Drivers
Age Premium
16 $7,528
20 $5,206
30 $3,124
40 $3,054
50 $2,918
60 $2,894

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 $91
Paid in Full/EFT $66
Advance Quote $71
Online Quote $100
Total Discounts $603
Rate after discounts $801

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

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