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 insurance rates for a Toyota Camry are $1,192 a year for full coverage. Comprehensive costs approximately $206, collision insurance costs $368, and liability coverage is $460. A liability-only policy costs around $510 a year, and high-risk insurance costs around $2,588. Teenage drivers receive the highest rates at up to $4,674 a year.

Average premium for full coverage: $1,192

Rate estimates by individual coverage type:

These estimates include $500 comprehensive and collision deductibles, bodily injury liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Rates are averaged for all states and for different Camry trim levels.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city has a large influence on car insurance rates. Rural locations tend to have a lower frequency of accident claims than densely populated cities. The price range example below illustrates how geographic area affects auto insurance prices.

These examples show why anyone shopping for car insurance should compare rates quotes using their specific location and risk profile, rather than using average rates.

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 and risk scenarios.

• The best discount rate is $697
• Raising to $1,000 deductibles will save $130 a year
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,192
• Using more expensive low deductibles will increase the cost to $1,446
• Unlucky drivers who are prone to accidents and violations could pay around $2,588
• The cost for full coverage for a teenage driver with full coverage can cost $4,674

View Chart as Image

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

An older driver with a clean driving record and high deductibles may only pay around $1,100 every 12 months on average for full coverage. Rates are much higher for teen drivers, where even good drivers can expect to pay in the ballpark of $4,600 a year. View Rates by Age

Where you live also has a big influence on Toyota Camry insurance rates. A middle-age driver might find rates as low as $790 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,700 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $390 a year, while increasing your policy's liability limits will push rates upward. Going from a 50/100 limit to a 250/500 limit will cost as much as $468 more per year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying anywhere from $1,400 to $2,000 extra per year, depending on your age. High-risk driver insurance is expensive and can cost around 43% to 131% more than a normal policy. View High Risk Driver Rates

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 Cheap Toyota Camry Insurance

Saving money on auto insurance consists of avoiding accidents and violations, maintaining good credit, eliminating unneeded coverage, and possibly raising deductibles. Invest the time to compare rates every other policy renewal by obtaining price quotes from direct carriers like GEICO and Progressive, and also from local exclusive and independent agents.

The list below is a brief summary of the ideas that were presented in the illustrations above.

• Teenagers are expensive to insure, costing as high as $390 per month for full coverage
• Drivers that tend to have accidents or serious violations may pay on average $1,400 more per year for car insurance
• Increasing deductibles can save around $375 each year
• Drivers can save around $140 per year just by shopping early and online

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.