Toyota Camry Insurance Rates
Enter your zip code below to view companies that have cheap auto insurance rates.
Michelle Robbins
Licensed Insurance Agent
Michelle Robbins has been a licensed insurance agent for over 13 years. Her career began in the real estate industry, supporting local realtors with Title Insurance. After several years, Michelle shifted to real estate home warranty insurance, where she managed a territory of over 100 miles of real estate professionals. Later, Agent Robbins obtained more licensing and experience serving families a...
Licensed Insurance Agent
UPDATED: May 12, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
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 auto insurance rates for a Toyota Camry are $1,404 annually for full coverage insurance. Comprehensive costs around $282, collision costs $566, and liability coverage costs around $398. A liability-only policy costs as low as $460 a year, with high-risk insurance costing around $3,054. Teens cost the most to insure at $5,272 a year or more.
Average premium for full coverage: $1,404
Policy rates for type of insurance:
Includes $500 policy deductibles, minimum liability limits, and includes uninsured motorist and medical coverage. Prices are averaged for all 50 states and for different Camry trim levels.
Price Range Variability
For a 40-year-old driver, Toyota Camry insurance rates go from as cheap as $460 for the bare minimum liability coverage to a much higher rate of $3,054 for high-risk insurance.
Urban vs. Rural Price Range
Where you live has a large influence on car insurance rates. Areas with sparse population are shown to have fewer physical damage claims than cities with more traffic congestion.
The price range example below illustrates how your location can change auto insurance rates.
The examples above illustrate why anyone shopping for car insurance should compare prices 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.
Enter your zip code below to view companies based on your location that have cheap auto insurance rates.
Additional Rate Information
The chart below illustrates estimated Toyota Camry insurance rates for additional coverage choices and driver risks.
- The cheapest rate after discounts is $801
- Using higher $1,000 deductibles will save about $192 each year
- The estimated rate for a good driver age 40 using $500 deductibles is $1,404
- Selecting more expensive low deductibles for physical damage coverage will cost $1,780
- Higher-risk drivers with serious driving violations could pay at least $3,054 or more
- Policy cost with full coverage for a teenage driver with full coverage can be $5,272 or more
Car insurance rates for a Toyota Camry also range considerably based on the model year and trim level, your risk profile, and deductibles and policy limits.
An older driver with no driving violations and high physical damage deductibles may only pay around $1,300 a year, or $108 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they will be charged as much as $5,200 a year. View Rates by Age
If you have a few points on your driving record or you caused a few accidents, you are probably paying at least $1,700 to $2,300 extra every year, depending on your age. High-risk driver insurance can be around 44% to 135% more than the average policy. View High Risk Driver Rates
Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $570 a year, while increasing your policy's liability limits will increase rates. Switching from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $405 extra every 12 months. View Rates by Deductible or Liability Limit
Your home state has a huge impact on Toyota Camry insurance rates. A driver around age 40 might see rates as low as $920 a year in states like Vermont, Wisconsin, and North Carolina, or have to pay at least $1,900 on average in Michigan, New York, and Florida.
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% |
Because rates have so much variability, the only way to figure out your exact price is to compare rates and see how they stack up. Each insurance company calculates rates differently, so rate quotes will be varied between companies.
Insurance Rates by Trim Level and Model Year
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.
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 Buy the Cheapest Toyota Camry Insurance
Finding cheaper rates on auto insurance requires being a good driver, having a good credit score, being claim-free, and qualifying for all possible discounts. Invest the time to shop around every couple of years by requesting quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.
The following list is a recap of the material that was illustrated above.
- Consumers who may need an increased level of liability coverage will pay approximately $440 annually to increase from a 30/60 limit to higher 250/500 limits
- Drivers age 16 to 20 are the costliest to insure, possibly costing $439 each month if comprehensive and collision insurance is included
- Drivers that have major violations or accidents pay on average $1,650 more every year than a safer driver
- Increasing comprehensive and collision deductibles could save up to $575 each year
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.
Compare Quotes From Top Companies and SaveFree Car Insurance Comparison
Secured with SHA-256 Encryption
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.
Rate Tables and Charts
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
Deductible | Premium |
---|---|
$100 | $1,780 |
$250 | $1,604 |
$500 | $1,404 |
$1,000 | $1,212 |
Full coverage, driver age 40
Rates by Liability Limit
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
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.
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 |
Discounts are estimated and may not be available from every company or in every state.
Compare Rates and Save
Find companies with the cheapest rates in your area