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.

U.S. average insurance prices for a Toyota Camry are $1,412 every 12 months for full coverage. Comprehensive insurance costs on average $294, collision insurance costs $570, and liability is estimated at $390. A policy with just liability insurance costs approximately $452 a year, and coverage for high-risk drivers costs $3,066 or more. Teenage drivers pay the highest rates at up to $5,266 a year.

Average premium for full coverage: $1,412

Price estimates by individual coverage:

Prices are based on $500 comprehensive and collision deductibles, liability limits of 30/60, and includes uninsured motorist and medical coverage. Estimates are averaged for all states and for different Camry trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city can have significant affects on car insurance rates. Rural areas have more infrequent accident claims than densely populated cities. The price range example below illustrates how rural and urban location affects car insurance rates.

The ranges above show why anyone shopping for car insurance should get quotes based on a specific location and their own driving history, instead of using average rates.

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

Additional Rate Information

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

• The best discount rate is $808
• Choosing higher $1,000 deductibles can save around $194 a year
• The average price for the average middle-age driver with $500 deductibles is $1,412
• Using more expensive low deductibles for comp and collision coverage costs an extra $384 every year
• Unlucky drivers who are prone to accidents and violations could pay upwards of $3,066
• The price to insure a teen driver with full coverage may cost $5,266 each year

View Chart as Image

Insurance prices for a Toyota Camry are also quite variable based on deductibles and policy limits, your driver profile, and the trim level of your Camry.

Using high physical damage deductibles can save as much as $580 every year, while increasing your policy's liability limits will cost you more. Going from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $396 more per year. View Rates by Deductible or Liability Limit

An older driver with a clean driving record and higher deductibles may pay as little as $1,300 annually on average for full coverage. Prices are much higher for teenage drivers, since even excellent drivers can expect to pay upwards of $5,200 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you could be paying at a minimum $1,700 to $2,300 extra each year, depending on your age. High-risk driver insurance ranges as much as 44% to 134% more than a normal policy. View High Risk Driver Rates

The state you live in plays a big part in determining prices for Toyota Camry insurance prices. A good driver about age 40 could pay as low as $930 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $2,020 on average in Michigan, Louisiana, and New York.

View Chart as Image

Insurance Rates by Trim Level and Model Year

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.

How to Shop for Affordable Toyota Camry Insurance

Getting lower rates on car insurance takes avoiding accidents and violations, having good credit, eliminating unnecessary coverage, and determing if full coverage is necessary. Set aside time to shop around once a year by quoting rates from direct carriers like Progressive, GEICO, and Esurance, and also from local independent and exclusive agents.

The list below is a brief review of the data that was raised in the charts and tables above.

• Drivers can save as much as $170 per year just by shopping early and online
• Policyholders who require higher liability limits will pay an extra $430 each year to raise limits from a low limit to a 250/500 level
• Teenagers pay the highest prices, with premiums as much as $439 a month if they have full coverage
• Higher risk drivers with DUI or reckless driving convictions pay an average of $1,650 more each year for car 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.

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.