Toyota Camry Insurance Rates

Average insurance rates for a Toyota Camry are $1,404 a year for full coverage. Comprehensive costs on average $282 a year, collision costs $566, and liability coverage is estimated at $398. Buying just liability costs approximately $460 a year, with insurance for high-risk drivers costing around $3,054. Teens receive the highest rates at $5,272 a year or more.

Average premium for full coverage: $1,404

Rate estimates by individual coverage type:

Rate estimates include $500 policy deductibles, 30/60 liability limits, and includes additional medical/uninsured motorist coverage. Rates are averaged for all 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 car insurance rates. Rural areas tend to have a lower frequency of accident claims than cities with more traffic congestion.

The diagram below illustrates the effect of geographic area on car insurance rates.

These examples show why it is important to get quotes based on a specific location and risk profile, rather than using averaged prices.

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

Additional Rate Analysis

The chart below shows estimated Toyota Camry insurance rates for different risk profiles and scenarios.

• The cheapest rate after discounts is $801
• Choosing higher $1,000 deductibles can save around $1,212 a year
• The average rate for a 40-year-old driver with $500 deductibles is $1,404
• Selecting low $100 deductibles for comp and collision coverage will increase the cost to $1,780
• Drivers with serious driving violations could pay upwards of $3,054 or more
• The cost for full coverage for a teenage driver may cost $5,272 each year

View Chart as Image

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

Older drivers with a good driving record and high deductibles may only pay around $1,300 annually on average for full coverage. Rates are much higher for teen drivers, where even good drivers will have to pay upwards of $5,200 a year. View Rates by Age

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 $930 a year in states like Idaho, Maine, and Iowa, or have to pay at least $2,000 on average in Michigan, Louisiana, and New York.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can save as much as $570 a year, while buying higher liability limits will cost you more. Going from a 50/100 limit to a 250/500 limit will cost as much as $405 extra every year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying at a minimum $1,700 to $2,300 in extra premium per year, depending on your age. A high-risk auto insurance policy ranges around 44% to 135% more than the average policy. View High Risk Driver Rates

With so much variability in rates, the only way to know exactly what you will pay is to get quotes and see how they stack up. Each auto insurer calculates rates differently, and quoted rates can be significantly different from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2018 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 the Best Toyota Camry Insurance

Saving money on auto insurance takes being a good driver, having good credit, eliminating unneeded coverage, and taking advantage of discounts. Take the time to compare rates at every policy renewal by quoting rates from direct carriers like GEICO and Progressive, and also from your local insurance agents.

The following list is a brief recap of the data covered in the above illustrations.

• Consumers who require an increased level of liability coverage will pay approximately $440 each year to raise limits from a minimum limit to 250/500 limits
• Drivers can save as much as $170 per year simply by quoting early and online
• Increasing deductibles can save around $575 each year
• Drivers age 16 to 20 are charged the highest rates, costing as high as $439 per month if they have full coverage