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.

The average insurance rates for a Toyota Camry are $1,192 a year for full coverage. Comprehensive insurance costs around $206 a year, collision insurance costs $368, and liability coverage costs $460. Buying just liability costs as little as $510 a year, and insurance for high-risk drivers costs $2,588 or more. Teens cost the most to insure at up to $4,674 a year.

Average premium for full coverage: $1,192

Policy rates for type of insurance:

Prices are based on $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes uninsured/under-insured motorist coverage. Prices are averaged for all states and Camry trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on auto insurance rates. Areas with sparse population are shown to have lower incidents of accident claims than cities with more traffic congestion. The diagram below illustrates the effect of geographic area on auto insurance rates.

The examples above show why it is important to compare rates for a specific zip code, rather than using averaged prices.

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

More Rate Information

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 $1,062 a year
• The estimated price for a good driver age 40 using $500 deductibles is $1,192
• Selecting low $100 deductibles for comprehensive and collision insurance will cost an additional $254 each year
• High-risk insureds with serious driving violations could pay at least $2,588
• Policy cost that insures a teenage driver can be $4,674 a year

View Chart as Image

Insurance rates for a Toyota Camry also range considerably based on the trim level of your Camry, how you drive, and deductibles and policy limits.

If you have a few points on your driving record or you caused an accident, you could be paying at least $1,400 to $2,000 extra every year, depending on your age. A high-risk auto insurance policy can cost around 43% to 131% more than the average policy. View High Risk Driver Rates

Older drivers with a clean driving record and higher comprehensive and collision deductibles may only pay around $1,100 per year on average, or $92 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records can expect to pay as much as $4,600 a year. View Rates by Age

Your home state 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

Choosing higher comprehensive and collision insurance deductibles could save up to $390 a year, while buying higher liability limits will increase rates. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $468 more per year. View Rates by Deductible or Liability Limit

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 Find Affordable Toyota Camry Insurance

Finding cheaper rates on auto insurance not only requires having a decent driving record, but also having above-average credit, avoid buying unnecessary coverage, and dropping full coverage on older vehicles. Compare rates at least every other year by getting rate quotes from direct carriers, and also from several local insurance agents.

The following items are a brief review of the car insurance concepts covered in the above illustrations.

• Drivers with DUI or reckless driving convictions pay on average $1,400 more every year than a driver with a clean driving record
• Drivers can save up to $140 per year just by quoting early and online
• Increasing comprehensive and collision deductibles can save approximately $375 each year
• Consumers who may need additional liability coverage will pay approximately $510 each year to go from a 30/60 limit to the 250/500 level

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.