Toyota Camry Insurance Rates
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Michelle Robbins
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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...
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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 including full coverage. Comprehensive insurance costs an estimated $282 each year, collision insurance costs $566, and liability insurance costs around $398. Liability-only insurance costs as low as $460 a year, and high-risk driver insurance costs $3,054 or more. Teenage drivers pay the most at up to $5,272 a year.
Average premium for full coverage: $1,404
Premium estimates broken down by type of coverage:
Price estimates include $500 deductibles, minimum liability limits, and includes additional medical/uninsured motorist coverage. Rates include averaging for all 50 U.S. states and Camry models.
Insurance Price Range by Risk and Coverage
For a 40-year-old driver, insurance rates for a Toyota Camry range from the low end price of $460 for just the minimum liability insurance to a high rate of $3,054 for high-risk insurance.
Insurance Price Range by Location
Where you live has a significant impact on the price of auto insurance. More rural locations are statistically proven to have lower incidents of comprehensive and collision claims than densely populated cities. The graphic below illustrates how your location can change insurance prices.
These rate differences highlight why all drivers should compare prices for a targeted area, rather than relying on average rates.
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 Analysis
The chart below breaks down average Toyota Camry insurance rates for other coverage scenarios.
- The best discount rate is $801
- Using higher $1,000 deductibles will save approximately $192 every year
- The estimated price for a 40-year-old good driver who has $500 deductibles is $1,404
- Using low deductibles for physical damage coverage will cost an additional $376 a year
- Drivers who are prone to accidents and violations could pay up to $3,054
- An auto insurance policy that insures a teen driver can cost as much as $5,272 or more
Insurance prices for a Toyota Camry also have a wide range based on the trim level and model year, your driving record and age, and liability limits and deductibles.
If you have a few violations or you caused an accident, you are likely paying $1,700 to $2,300 additional annually, depending on your age. Insurance for high-risk drivers can be anywhere from 44% to 135% more than a normal policy. View High Risk Driver Rates
More mature drivers with no violations or accidents and higher comprehensive and collision deductibles could pay as little as $1,300 a year, or $108 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records should be prepared to pay at least $5,200 a year. View Rates by Age
Where you choose to live has a huge impact on Toyota Camry insurance rates. A driver around age 40 might see prices as low as $1,080 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $2,000 on average in Louisiana, New York, and Michigan.
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% |
Using high physical damage deductibles could cut prices by as much as $570 each year, whereas increasing liability limits will increase premiums. Changing 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
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 Find Cheaper Toyota Camry Insurance
Finding better rates on Toyota Camry insurance requires not taking risks behind the wheel, having a good credit score, refrain from filing small claims, and possibly raising deductibles. Compare prices every couple of years by getting quotes from direct car insurance companies, and also from your local car insurance providers.
The following is a condensed summary of the material that was illustrated above.
- Drivers who want higher liability limits will pay an extra $440 per year to increase from 30/60 bodily injury limits to the 250/500 level
- Teens are expensive to insure, with the cost nearing $439 per month if comprehensive and collision insurance is included
- High-risk drivers with multiple at-fault accidents could be charged and average of $1,650 more annually for Camry insurance
- Increasing policy deductibles can save approximately $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.
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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.
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.
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