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Key Takeaways
- Insurance for a Toyota Camry costs an average of $1,572 annually or $131 per month.
- The cheapest insurance provider for the Toyota Camry is Erie, at an average of $801 per annum.
- The car insurance premium for a Toyota Camry is in the mid-range compared to its competitors in the mid-size sedan segment.
The Toyota Camry is quite popular among car lovers due to its reliability and strong resale value. For decades, it has been a top-selling car in its segment due to its top performance and comfort. But how much is too much when it comes to the Toyota Camry car insurance cost? And where can we find the best insurance providers? We can help you choose the best options that may help to avoid gaps in coverage or higher premiums on your Toyota Camry car insurance rates that may put your finances at risk.
Toyota Camry Auto Insurance Cost
The average cost to insure a Toyota Camry is around $1,572 per year. You can lower your Camry insurance cost by choosing the right insurance provider. Shopping around and comparing options can help you find the best deal for your coverage needs. With Way.com, getting a free quote is quick and hassle-free. You can compare multiple vetted providers in minutes and secure the best rate for your Camry.
Are Toyota Camry Models Expensive to Insure?
The insurance cost for the Toyota Camry falls into the mid-range when compared to other mid-size sedans on the market. Premium rates can be affected by the model year of the car, trim levels, market price, cost of replacement parts, safety features, and safety ratings.
| Mid-size Sedans | Average Annual Premium |
|---|---|
| Subaru Legacy | $1,452 |
| Honda Accord | $1,524 |
| Toyota Camry | $1,572 |
| Chevrolet Malibu | $1,584 |
| Hyundai Sonata | $1,668 |
| Nissan Altima | $1,680 |
What Impacts the Cost of Toyota Camry Car Insurance?
Several factors can impact your Toyota Camry car insurance cost. Some of the common factors are:
- The driver's age
- The driver's gender
- The city you are in
- The age of the car
- Trim level of the car
- The insurance company you choose
Toyota Camry Insurance Cost by Model Year
Older Toyota Camry models usually have lower insurance costs since newer versions come with more advanced features and technology. The average yearly insurance for a 2020 Camry is $1,581. However, some older models might be more expensive to insure due to higher repair and maintenance costs.
| Model Year | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| 2020 Toyota Camry | $132 | $1,581 |
| 2019 Toyota Camry | $141 | $1,687 |
| 2018 Toyota Camry | $85 | $1,025 |
| 2017 Toyota Camry | $94 | $1,125 |
| 2016 Toyota Camry | $92 | $1,107 |
| 2015 Toyota Camry | $73 | $881 |
| 2014 Toyota Camry | $67 | $800 |
| 2013 Toyota Camry | $74 | $884 |
| 2012 Toyota Camry | $65 | $782 |
| 2011 Toyota Camry | $62 | $739 |
Toyota Camry Cheapest Insurance Cost by Company
According to our research, Erie provides the most affordable Toyota Camry insurance rates, with an annual premium of $801. Texas Farm Bureau and Progressive also offer competitive rates. However, the lowest price doesn't always mean the best value. It's essential to compare coverage options carefully and ensure the policy includes all the features you need.
| Company | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| Erie | $67 | $801 |
| Texas Farm Bureau | $69 | $832 |
| Progressive | $73 | $872 |
| USAA | $78 | $938 |
| Vermont Mutual | $82 | $981 |
Cheapest Insurance Companies Based on Toyota Camry Model Years
2020 Toyota Camry
Vermont Mutual offers the most competitive insurance rates for the 2020 Toyota Camry at just $1,104 per annum. Otherwise, it costs around $1,581 per year to insure a 2020 model on average.
| Company | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| Vermont Mutual | $92 | $1,104 |
| Nationwide | $95 | $1,140 |
| Erie | $102 | $1,224 |
| USAA | $110 | $1,320 |
| State Farm | $110 | $1,320 |
| Tennessee Farmers | $110 | $1,320 |
| American Family | $118 | $1,416 |
| 21st Century | $118 | $1,416 |
| Country | $119 | $1,428 |
| Arbella | $121 | $1,452 |
| Mercury | $123 | $1,476 |
2019 Toyota Camry
Generally, it costs around $1,687 per year to insure a 2019 Toyota Camry. Cincinnati Insurance offers the most competitive insurance rates for the 2019 model at just $1,068 per annum.
| Company | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| Cincinnati Insurance | $89 | $1,068 |
| Erie | $90 | $1,080 |
| Auto-Owners | $96 | $1,152 |
| USAA | $101 | $1,212 |
| Nationwide | $102 | $1,224 |
| Country | $113 | $1,356 |
| State Farm | $113 | $1,356 |
| American Family | $116 | $1,392 |
| Arbella | $120 | $1,440 |
| Mercury | $121 | $1,452 |
| Plymouth Rock Insurance | $122 | $1,464 |
2018 Toyota Camry
The insurance cost for a 2018 Toyota Camry is usually $1,025 per year. However, Erie offers the cheapest deal at just $648 per annum.
| Company | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| Erie | $54 | $648 |
| USAA | $62 | $744 |
| State Farm | $66 | $792 |
| Progressive | $72 | $864 |
| Nationwide | $79 | $948 |
| American Family | $89 | $1,068 |
| Vermont Mutual | $90 | $1,080 |
| Plymouth Rock Insurance | $91 | $1,092 |
| Acuity | $94 | $1,128 |
| Country | $107 | $1,284 |
| Arbella | $107 | $1,284 |
2017 Toyota Camry
For a 2017 model, Erie offers the best Toyota Camry car insurance rate at just $732 per year. This is highly profitable compared to the general market trend, which is $1,125 yearly on average.
| Company | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| Erie | $61 | $732 |
| Texas Farm Bureau | $70 | $840 |
| USAA | $75 | $900 |
| State Farm | $83 | $996 |
| Tennessee Farmers | $84 | $1,008 |
| Vermont Mutual | $84 | $1,008 |
| Plymouth Rock Insurance | $90 | $1,080 |
| Quincy Mutual | $91 | $1,092 |
| Progressive | $93 | $1,116 |
| Nationwide | $95 | $1,140 |
| Acuity | $95 | $1,140 |
2016 Toyota Camry
While the average annual premium for a 2016 Toyota Camry is $1,107, Texas Farm Bureau stands out by offering the cheapest rates at $816 per year.
| Company | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| Texas Farm Bureau | $68 | $816 |
| Vermont Mutual | $75 | $900 |
| Erie | $83 | $996 |
| Quincy Mutual | $88 | $1,056 |
| Nationwide | $89 | $1,068 |
| USAA | $96 | $1,152 |
| Arbella | $103 | $1,236 |
| Country | $104 | $1,248 |
| State Farm | $105 | $1,260 |
| Amica | $109 | $1,308 |
| American Family | $109 | $1,308 |
2015 Toyota Camry
Offering an annual premium of $552, Erie provides the cheapest insurance rates for the 2015 Toyota Camry, which is around $300 less than the general average of $881 per year.
| Company | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| Erie | $46 | $552 |
| USAA | $52 | $624 |
| State Farm | $54 | $648 |
| Texas Farm Bureau | $65 | $780 |
| Progressive | $67 | $804 |
| Tennessee Farmers | $75 | $900 |
| Vermont Mutual | $75 | $900 |
| Nationwide | $79 | $948 |
| American Family | $79 | $948 |
| Plymouth Rock Insurance | $85 | $1,020 |
| Quincy Mutual | $86 | $1,032 |
2014 Toyota Camry
It is wise to choose Erie as the insurance provider for your 2014 Toyota Camry. The annual premium is just $528, which is less than the average annual rate of $800.
| Company | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| Erie | $44 | $528 |
| USAA | $46 | $552 |
| State Farm | $51 | $612 |
| Progressive | $57 | $684 |
| Texas Farm Bureau | $64 | $768 |
| Tennessee Farmers | $68 | $816 |
| Vermont Mutual | $71 | $852 |
| American Family | $73 | $876 |
| Nationwide | $77 | $924 |
| Country | $79 | $948 |
| Acuity | $80 | $960 |
2013 Toyota Camry
The insurance for a 2013 Toyota Camry costs around $884 per annum on average. With Erie, you can expect to pay a lower premium of just $540 per year.
| Company | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| Erie | $45 | $540 |
| USAA | $52 | $624 |
| State Farm | $61 | $732 |
| Texas Farm Bureau | $62 | $744 |
| Progressive | $68 | $816 |
| Vermont Mutual | $71 | $852 |
| Tennessee Farmers | $76 | $912 |
| American Family | $78 | $936 |
| Plymouth Rock Insurance | $81 | $972 |
| Quincy Mutual | $82 | $984 |
| Nationwide | $83 | $996 |
2012 Toyota Camry
You may have to pay around $782 to insure a 2012 Toyota Camry on average. Nevertheless, Erie provides the cheapest rates at just $504 per annum.
| Company | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| Erie | $42 | $504 |
| USAA | $44 | $528 |
| State Farm | $49 | $588 |
| Progressive | $58 | $696 |
| Texas Farm Bureau | $58 | $696 |
| Vermont Mutual | $62 | $744 |
| Tennessee Farmers | $68 | $816 |
| American Family | $70 | $840 |
| Acuity | $75 | $900 |
| Nationwide | $78 | $936 |
| Plymouth Rock Insurance | $78 | $936 |
2011 Toyota Camry
It costs around $739 per year to insure a 2011 Toyota Camry on average. Erie offers the cheapest rates at just $480 per annum.
| Company | Average Monthly Premium | Average Annual Premium |
|---|---|---|
| Erie | $40 | $480 |
| USAA | $43 | $516 |
| State Farm | $45 | $540 |
| Progressive | $54 | $648 |
| Texas Farm Bureau | $56 | $672 |
| Vermont Mutual | $57 | $684 |
| Tennessee Farmers | $64 | $768 |
| American Family | $64 | $768 |
| Nationwide | $68 | $816 |
| Arbella | $72 | $864 |
| Country | $73 | $876 |
Toyota Camry Crash Test Ratings
Your Toyota Camry car insurance cost will be highly affected by how well your car did in crash tests. Toyota Camry has very good crash test ratings over the different model years, which can potentially lower your insurance premium.
| Vehicle Model | Overall | Frontal | Side | Rollover |
|---|---|---|---|---|
| 2020 Toyota Camry
4 DR FWD |
5 Stars | 5 Stars | 5 Stars | 5 Stars |
| 2020 Toyota Camry
4 DR AWD |
5 Stars | 5 Stars | 5 Stars | 5 Stars |
| 2020 Toyota Camry
Hybrid 4 DR FWD |
5 Stars | 5 Stars | 5 Stars | 5 Stars |
| 2019 Toyota Camry
4 DR FWD |
5 Stars | 5 Stars | 5 Stars | 5 Stars |
| 2019 Toyota Camry
Hybrid 4 DR FWD |
5 Stars | 5 Stars | 5 Stars | 5 Stars |
| 2018 Toyota Camry
4 DR FWD |
5 Stars | 5 Stars | 5 Stars | 5 Stars |
| 2018 Toyota Camry
Hybrid 4 DR FWD |
5 Stars | 5 Stars | 5 Stars | 5 Stars |
| 2017 Toyota Camry
4 DR FWD |
5 Stars | 4 Stars | 5 Stars | 4 Stars |
| 2017 Toyota Camry
Hybrid 4 DR FWD |
5 Stars | 4 Stars | 5 Stars | 4 Stars |
| 2016 Toyota Camry
4 DR FWD |
5 Stars | 4 Stars | 5 Stars | 4 Stars |
| 2016 Toyota Camry
Hybrid 4 DR FWD |
5 Stars | 4 Stars | 5 Stars | 4 Stars |
| 2015 Toyota Camry
4 DR FWD |
5 Stars | 4 Stars | 5 Stars | 4 Stars |
| 2015 Toyota Camry
Hybrid 4 DR FWD |
5 Stars | 4 Stars | 5 Stars | 4 Stars |
| 2014 Toyota Camry
4 DR FWD |
5 Stars | 4 Stars | 5 Stars | 4 Stars |
| 2014 Toyota Camry
HV 4 DR FWD |
5 Stars | 4 Stars | 5 Stars | 4 Stars |
| 2013 Toyota Camry
4 DR FWD |
5 Stars | 4 Stars | 5 Stars | 4 Stars |
| 2013 Toyota Camry
HV 4 DR FWD |
5 Stars | 4 Stars | 5 Stars | 4 Stars |
| 2012 Toyota Camry
4 DR FWD |
5 Stars | 4 Stars | 5 Stars | 4 Stars |
| 2012 Toyota Camry
HV 4 DR FWD |
5 Stars | 4 Stars | 5 Stars | 4 Stars |
| 2011 Toyota Camry
4 DR FWD |
4 Stars | 3 Stars | 4 Stars | 4 Stars |
| 2011 Toyota Camry
HV 4 DR FWD |
4 Stars | 3 Stars | 4 Stars | 4 Stars |
Toyota Camry Safety Features
The Camry comes with a range of safety features, which can help reduce your Toyota Camry car insurance costs.
Some of the installed features include:
- Pre-Collision System with Pedestrian Detection
- Lane Departure Alert with Steering Assist
- Full-Speed Range Dynamic Radar Cruise Control
- Lane Tracing Assist
- Road Sign Assist
- Automatic High Beams
- Blind-Spot Monitor
- Rear Cross-Traffic Alert
- 10 Airbags
- Anti-lock Braking System (ABS)
- Vehicle Stability Control (VSC)
- Traction Control (TRAC)
Toyota Camry Safety Ratings
The Toyota Camry has good safety ratings, which makes it cheaper to insure. The overall good ratings indicate a lower risk of injury, damage, and repair costs. Insurance companies often consider the safety ratings while determining the premium rates for a car model. Therefore, safety ratings play a key role in lowering Toyota Camry car insurance cost.
| Category | IIHS Rating |
|---|---|
| Small overlap front: driver-side | Good |
| Small overlap front: passenger-side | Good |
| Moderate overlap front: original test | Good |
| Side: original test | Good |
| Side: updated test | Poor |
| Roof strength | Good |
| Head restraints & seats | Good |
| Headlights | Good |
| Front crash prevention: vehicle-to-vehicle | Superior |
| Front crash prevention: pedestrian | Advanced |
| LATCH ease of use | Good+ |
Ways to Save on Toyota Camry Car Insurance
- Keep a clean driving record: Reckless or careless driving can stay on your record, leading to higher insurance premiums, especially if you have at-fault accidents or DUIs.
- Maintain a good credit score: Drivers with strong credit scores can save significantly on Toyota Camry car insurance costs compared to those with lower scores.
- Obey traffic laws: Traffic violations can lead to a noticeable increase in your Toyota Camry insurance rates.
- Take advantage of discounts: Look for common discounts like multi-policy, low mileage, good student, defensive driving, and loyalty discounts to lower your premiums.
- Bundle your insurance policies: Combining your auto and home insurance can help you save even more on your annual costs.
How Do I Find the Best Toyota Camry Car Insurance Rates?
- Always research the market and insurance trends before purchasing car insurance for your Toyota Camry. It could be tempting to choose a provider that offers a low rate. However, it's always better to apply for multiple free insurance quotes from as many companies as you can. You can either apply individually or use an insurance platform like Way.com.
- Compare, compare, compare - that should be your mantra when searching for the best policy. Only choose a provider who offers a balance of low rates and comprehensive coverage.
- In only a few minutes, an insurance aggregator like Way.com can help you find the lowest insurance rates you've qualified for with your financial position.
- The cheapest rates don't always mean the best! You can always consider spending a bit more to get comprehensive coverage.
How to Get Toyota Camry Auto Insurance with Way.com
Simply download the Way app or head to the Way.com website to start your auto insurance journey and get a free quote in just minutes! Compare offers from more than 140 different insurance providers on our platform, which lets you choose the best policy that may help you lower your Toyota Camry car insurance cost - all in as little as 60 seconds!
Frequently Asked Questions (FAQ)
How much does it cost to insure a Toyota Camry?
Toyota Camry car insurance cost typically falls around $1,572 per year, depending on factors like the driver's age, location, driving history, and coverage level.
Is the Toyota Camry expensive to insure compared to other mid-size sedans?
The insurance cost for the Toyota Camry is in the mid-range when compared to its competitors in the mid-size sedan segment.
Is full coverage insurance necessary for a Toyota Camry?
Full coverage is recommended if your Camry is new, leased, or financed. If your car is older and fully paid off, liability coverage may be enough, depending on your financial situation and coverage needs.
Does Toyota Camry's safety rating help lower insurance costs?
Yes, the Toyota Camry's high safety ratings and standard safety features can qualify you for discounts and help reduce your premiums.
INSURANCE AGENT EXPERTS
Auto Insurance Data Methodology
The auto insurance rates published in this guide are based on the results of research completed by Way.com’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes.
Quotes are typically based on a full coverage policy average unless otherwise noted within the content.
These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with way.com
DATA SOURCES
Way.com’s Insurance Broker Quote Data
Frequently Asked Questions (FAQ)
Are Toyota Camrys expensive to insure?
No, the Toyota Camry is one of the most affordable cars to insure in the sedan segment. Yearly premiums can be as low as $1414 depending on the trim level you choose.
How much does it cost to insure a Toyota Camry?
Depending on the trim level of the vehicle, Toyota Camry auto insurance can range from $1414-$1658 per year.
Is a Toyota Camry cheap to insure?
Though not the cheapest car to insure in its segment, the Toyota Camry is still pretty cheap when considering other sedans. It is almost $300 cheaper to insure than the most expensive car in its category, the Kia Stinger.
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