Toyota Camry Insurance Rates

In the United States, the average Toyota Camry insurance rates is $175 per month, or $2,100 per year. This is about $800 more expensive than insurance premiums for less popular vehicles with lower theft rates. With a base price of $23,070, the yearly insurance cost–to–base vehicle price ratio is 9.1 percent. The Toyota Camry is a multi-award-winning midsize car that is most recognized for its comfort and safety. It is equipped with a comprehensive set of excellent safety features that may allow you to save money on your insurance premiums.

How to compare insurance for the Toyota Camry

Toyota Camry Insurance Rates - Toyota Logo

Toyota Camry insurance rates is inexpensive and simple to get, making your search for car insurance a breeze. Consider what additional coverage you want above and above your state’s minimal coverage, as well as how you intend to use your car..

  • Price. It is necessary to utilize the identical driver and vehicle information for each quotation in order for you to be able to properly compare your choices based on pricing.
  • Deductible. While evaluating plans, keep in mind that the size of your deductible may have an impact on the cost of your premiums. In order to obtain the most accurate estimates, be sure you utilize the same deductible amount for each provider.
  • Minimum coverage. The need for coverage is obligatory everywhere except New Hampshire and Virginia. Before proceeding, double-check that your prospective insurance satisfies the requirements of your state.
  • Additional coverage. Take into consideration any extra coverage choices you may need before selecting a policy, and don’t forget to mention them while obtaining estimates.
  • Extras. When selecting a provider, research the features that each insurance contains, as well as the optional extras that are offered.
  • Restrictions. Figure out whether your insurance policy has any limitations in order to prevent coverage gaps or claims being rejected.
  • Manufacturer’s promotional offer or customer loyalty discount. Inquire about special offers or loyalty discounts offered by your manufacturer as a result of collaborations with insurance companies.
  • Warranty. Check to see what your manufacturer’s or extended warranty covers in order to avoid paying for coverage that isn’t necessary.

What factors affect car insurance rates for Toyota Camry?

In comparing the value of insurance, insurance companies take into consideration your likelihood of submitting claims. The fact that theft rates, vehicle performance, maintenance costs, and other variables may differ across different brands and models means that the car you choose can have a significant effect on the amount of auto insurance you pay. Here’s how the Toyota Camry stacks up against some of the competition.

  • Body type. This car is intended for everyday driving, commuting, road excursions, and other safe usage, which should help to keep the cost of vehicle insurance low for everyone.
  • Type of car. The Camry is a midsize vehicle that is both comfortable and secure. Insurance rates should be more inexpensive as a result of this.
  • Theft. The Toyota Camry is one of the most often stolen automobiles, which may raise the cost of insurance for this model year car.
  • Repairs. The Toyota Camry requires minimal maintenance and has low repair expenses, both of which may result in reduced insurance rates for those who own one.
  • Safety ratings. Toyota’s Camry has received an unqualified 10/10 safety rating from US News and JD Power. Accordingly, the cost of insurance should be lower.
  • Fuel type. The Camry is powered by a gas engine, which is less expensive to insure than cars powered by diesel, hybrid, or electric engines.
  • Trim & packages. Premiums may be greater if you choose trims or packages that enhance power or overall value above the standard options. As a result, enhancements that increase visibility and safety may be eligible for a discount on car insurance.

Does the Toyota Camry qualify for auto insurance discounts?

If your Toyota Camry is equipped with the following safety features, you may save money on your auto insurance.

  • Anti-lock brake discount
  • Anti-theft discount
  • Passive restraint discount (Airbags, motorized seat belts, etc.)
  • Emergency roadside assistance discount

Toyota Camry safety & reliability ratings

The Toyota Camry has been on the market since its introduction in 1982. Its roomy seating, pleasant ride, and excellent safety ratings have made it a popular midsize vehicle among consumers. The Toyota Camry has been the best-selling passenger vehicle in the United States since 1997, with the exception of 2001, when it was replaced by the Honda Accord.

Both the IIHS and U.S. News & World Report offer the 2018 Toyota Camry near-perfect safety scores in virtually every area, which may result in you saving money on your car insurance policy.

According to U.S. News and J.D. Power, the 2018 Camry receives 4.5/5 ratings for dependability, making it one of the most dependable cars in its segment.

Toyota Camry maintenance

This is a medium sedan that is intended to offer a safe and pleasant driving experience no matter how long you drive in it. It is available in two body styles: sedan and coupe. Due to the fact that it has above-average dependability ratings and low average repair costs, it is unlikely to need regular maintenance. However, scheduling regular service visits may assist to ensure that everything is operating well, allowing you to get the most out of your vehicle’s lifespan. 

Here’s what you should be aware of:

  • Toyota recommends an oil change every 5,000 miles or 5 months, whichever comes first.
  • Oil changes for a Toyota Camry should cost between $75 and $125, but your actual cost could vary.
  • The Camry has an average annual repair cost of over $221, which is below average for similar vehicles.
  • Consult your owners manual or contact your dealership for more information on the Toyota Camry’s maintenance schedule.

Is an extended warranty worth it for the Toyota Camry?

In addition to Toyota’s normal 3-year/36,000-mile limited warranty, the Camry has a 5-year/60,000-mile powertrain guarantee as well as a 5-year corrosion warranty. The standard warranty covers all components other than those that are subject to regular wear and tear, such as oil and air filters, tires, and other similar items. ToyotaCare is included with all new Toyota cars for the first two years or 25,000 miles, whichever comes first. ToyotaCare includes regular maintenance as well as 24-hour roadside assistance.

It is unknown whether or not Toyota provides any extended warranty options, but you could inquire with your local Toyota dealer for additional specifics. Given that Toyota cars are very dependable and have low average maintenance costs, you should consider if the cost of an extended warranty is worth the money spent.

Bottom line

A midsize car with a lengthy history, the Toyota Camry debuted in 1982 and has consistently earned high marks as a result. It has outstanding safety ratings and is fitted with award-winning safety and driver aid systems, which may make it eligible for car insurance savings in certain states. Comparing your choices allows you to get estimates from a variety of providers and decide which is the most appropriate for your needs.

Check out our insurance rate reviews for the following Toyota vehicles.

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