Toyota Camry Insurance Rates

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Luke Williams

Insurance and Finance Writer

Luke Williams is a finance, insurance, real estate, and home improvement expert based in Philadelphia, Pennsylvania, specializing in writing and researching for consumers. He studied finance, economics, and communications at Pennsylvania State University and graduated with a degree in Corporate Communications.  His insurance and finance writing has been featured on Spoxor, The Good Men Proje...

Insurance and Finance Writer

UPDATED: Sep 6, 2022

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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 prices for a Toyota Camry are $1,192 every 12 months for full coverage. Comprehensive insurance costs approximately $206 each year, collision insurance costs $368, and liability is $460. Liability-only coverage costs around $510 a year, and high-risk coverage costs $2,588 or more. Teenage drivers pay the most at up to $4,674 a year.

Average premium for full coverage: $1,192

Premium estimates by type of coverage:

Comprehensive $206
Collision $368
Liability $460

These estimates include $500 physical damage deductibles, liability limits of 30/60, and includes uninsured motorist and medical coverage. Rates include averaging for all states and Camry models.

Insurance Price Range by Risk and Coverage

For a driver around age 40, insurance rates for a Toyota Camry range from the cheapest price of $510 for the bare minimum liability coverage to a high rate of $2,588 for a driver that may need high-risk insurance.

Liability Only $510
Full Coverage $1,192
High Risk $2,588

Insurance Price Range by Location

Choosing to live in a large city can have significant affects on car insurance rates. Rural locations are statistically proven to have more infrequent accident claims than densely populated cities. The graphic below illustrates the difference between rural and urban areas on auto insurance prices.

Rural Areas $894
Small Cities $1,252
Large Cities $1,609

These rate differences show why all drivers should compare rates quotes using their specific location and their own driving history, instead of using 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 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 price for a 40-year-old good driver who chooses $500 deductibles is $1,192
  • Using low deductibles costs an extra $254 every year
  • At-risk drivers who are prone to accidents and violations could pay around $2,588
  • An auto insurance policy to insure a teen driver can cost $4,674

View Chart as Image

Toyota Camry insurance cost comparison chart
Column chart showing Toyota Camry insurance prices range from $697 to $4,674 for full coverage

Insurance prices for a Toyota Camry also have a wide range based on physical damage deductibles and liability limits, your driver profile, and the model of your Camry.

Using high physical damage deductibles can reduce prices by up to $390 every year, whereas increasing liability limits will push prices upward. Going from a 50/100 liability limit to a 250/500 limit will cost up to $468 more per year. View Rates by Deductible or Liability Limit

More mature drivers with a clean driving record and higher deductibles may pay as little as $1,100 every 12 months on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers can expect to pay in the ballpark of $4,600 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you could be paying anywhere from $1,400 to $2,000 extra annually, depending on your age. Insurance for high-risk drivers is expensive and can cost as much as 43% to 131% more than a normal policy. View High Risk Driver Rates

Where you choose to live also has a big influence on Toyota Camry insurance prices. A middle-age driver might find prices 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.

Toyota Camry Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,078 -$114 -9.6%
Alaska $914 -$278 -23.3%
Arizona $990 -$202 -16.9%
Arkansas $1,192 -$0 0.0%
California $1,358 $166 13.9%
Colorado $1,140 -$52 -4.4%
Connecticut $1,224 $32 2.7%
Delaware $1,348 $156 13.1%
Florida $1,490 $298 25.0%
Georgia $1,100 -$92 -7.7%
Hawaii $856 -$336 -28.2%
Idaho $808 -$384 -32.2%
Illinois $886 -$306 -25.7%
Indiana $896 -$296 -24.8%
Iowa $802 -$390 -32.7%
Kansas $1,132 -$60 -5.0%
Kentucky $1,626 $434 36.4%
Louisiana $1,764 $572 48.0%
Maine $736 -$456 -38.3%
Maryland $984 -$208 -17.4%
Massachusetts $954 -$238 -20.0%
Michigan $2,070 $878 73.7%
Minnesota $998 -$194 -16.3%
Mississippi $1,428 $236 19.8%
Missouri $1,056 -$136 -11.4%
Montana $1,280 $88 7.4%
Nebraska $940 -$252 -21.1%
Nevada $1,430 $238 20.0%
New Hampshire $860 -$332 -27.9%
New Jersey $1,334 $142 11.9%
New Mexico $1,056 -$136 -11.4%
New York $1,256 $64 5.4%
North Carolina $686 -$506 -42.4%
North Dakota $976 -$216 -18.1%
Ohio $824 -$368 -30.9%
Oklahoma $1,224 $32 2.7%
Oregon $1,092 -$100 -8.4%
Pennsylvania $1,138 -$54 -4.5%
Rhode Island $1,592 $400 33.6%
South Carolina $1,080 -$112 -9.4%
South Dakota $1,006 -$186 -15.6%
Tennessee $1,044 -$148 -12.4%
Texas $1,438 $246 20.6%
Utah $882 -$310 -26.0%
Vermont $816 -$376 -31.5%
Virginia $714 -$478 -40.1%
Washington $922 -$270 -22.7%
West Virginia $1,092 -$100 -8.4%
Wisconsin $824 -$368 -30.9%
Wyoming $1,062 -$130 -10.9%

View Chart as Image

Toyota Camry insurance rates by U.S. city

Insurance Rates by Trim Level and Model Year

Toyota Camry Insurance Rates by Model and Trim Level
Model and Trim Annual Premium Monthly Premium
Toyota Camry LE $1,136 $95
Toyota Camry SE $1,164 $97
Toyota Camry XLE $1,192 $99
Toyota Camry Hybrid $1,302 $109

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.

Toyota Camry Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2020 Toyota Camry $262 $530 $430 $1,380
2019 Toyota Camry $248 $512 $442 $1,360
2018 Toyota Camry $238 $474 $452 $1,322
2017 Toyota Camry $230 $446 $456 $1,290
2016 Toyota Camry $220 $400 $460 $1,238
2015 Toyota Camry $206 $368 $460 $1,192
2014 Toyota Camry $198 $346 $464 $1,166
2013 Toyota Camry $194 $322 $474 $1,148
2012 Toyota Camry $180 $300 $474 $1,112
2011 Toyota Camry $174 $272 $478 $1,082
2010 Toyota Camry $162 $248 $474 $1,042
2009 Toyota Camry $152 $226 $474 $1,010
2008 Toyota Camry $148 $202 $468 $976
2007 Toyota Camry $146 $198 $460 $962
2006 Toyota Camry $144 $188 $452 $942
2005 Toyota Camry $132 $180 $446 $916
2004 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 Shop for Cheap Toyota Camry Insurance

Finding better rates on car insurance consists of being a safe and courteous driver, having good credit, not filing small claims, and possibly raising deductibles. Set aside time to compare rates once a year by getting quotes from direct carriers, and also from your local independent and exclusive agents.

Below is a brief summary of the data that was covered above.

  • Drivers can save around $140 per year just by quoting online in advance
  • Policyholders who purchase higher levels of liability will pay an extra $510 each year to raise from 30/60 bodily injury limits to a 250/500 level
  • Teenage drivers are expensive to insure, as much as $390 per month if they have full coverage
  • Higher risk drivers that tend to have accidents or serious violations may pay on average $1,400 more per year for auto insurance

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.

Rates by Driver Age

Toyota Camry Insurance Rates by Driver Age
Driver Age Premium
16 $4,674
20 $2,762
30 $1,226
40 $1,192
50 $1,092
60 $1,070

Full coverage, $500 deductibles

Rates by Deductible

Toyota Camry Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,446
$250 $1,326
$500 $1,192
$1,000 $1,062

Full coverage, driver age 40

Rates by Liability Limit

Toyota Camry Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,192
50/100 $1,406
100/300 $1,536
250/500 $1,874
100 CSL $1,458
300 CSL $1,744
500 CSL $1,952

Full coverage, driver age 40

Rates for High Risk Drivers

Toyota Camry Insurance Rates for High Risk Drivers
Age Premium
16 $6,626
20 $4,404
30 $2,626
40 $2,588
50 $2,476
60 $2,454

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.

SR-22 Surcharge $166

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $62
Multi-vehicle $65
Homeowner $20
5-yr Accident Free $82
5-yr Claim Free $77
Paid in Full/EFT $49
Advance Quote $57
Online Quote $83
Total Discounts $495
Rate after discounts $697

Discounts are estimated and may not be available from every company or in every state.

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