Buying economical coverage for a Toyota Camry depends on a large number of rating criteria such as whether you are a homeower, where your vehicle is garaged, and citations or violations on your driving record. Drivers pay on average $929 a year to insure their Camry, but that price is a valuation using a 50-year-old single female driver with both comprehensive and collision coverage and $500 deductibles.
When estimating a car insurance rate like we just did, the issue is that you are not 50 years old and maybe not even female, married instead of single, and you may just want the cheapest liability coverage you can find. Having what appears to be a very minor change in rating variables or coverage information could end up in a significant change in the price of coverage.
Not every driver requires the same auto insurance coverages, so the way we recommend to find the cheapest coverage for your Toyota is to do your own rate comparisons.
Your Toyota’s trim level tends to have a direct impact on the yearly cost, so the cost to insure a Camry LE will be $158 less expensive the cost to insure the more costly Camry Hybrid model, as shown below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Camry LE | $190 | $362 | $396 | $24 | $118 | $1,090 | $91 |
| Camry SE | $190 | $426 | $396 | $24 | $118 | $1,154 | $96 |
| Camry XLE | $190 | $426 | $396 | $24 | $118 | $1,154 | $96 |
| Camry Hybrid | $214 | $426 | $448 | $26 | $134 | $1,248 | $104 |
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Cost estimates assume single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, claim-free, and homeowner. Prices do not factor in specific zip code location which can change price quotes substantially.
Buying coverage from a good quality company is difficult considering how many companies sell coverage in Aurora. The ranking information shown below may help you decide which insurers to look at when buying insurance for a Toyota Camry. These ratings only include companies with a national presence, so companies that only write business in Colorado or surrounding areas will not be included in these rankings.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 98 | 100 | 100 | 94% | A++ | 98.6 |
| American Family | 98 | 89 | 100 | 86% | A | 95.4 |
| State Farm | 88 | 93 | 96 | 90% | A++ | 92.4 |
| The Hartford | 94 | 92 | 90 | 89% | A+ | 91.7 |
| AAA Insurance | 88 | 89 | 95 | 91% | A | 91.2 |
| GEICO | 84 | 93 | 93 | 89% | A++ | 90.3 |
| The General | 89 | 91 | 89 | 88% | A- | 90 |
| Titan Insurance | 90 | 87 | 91 | 95% | A+ | 89.6 |
| Progressive | 84 | 91 | 93 | 87% | A+ | 89.5 |
| Allstate | 85 | 90 | 92 | 88% | A+ | 89.3 |
| Nationwide | 87 | 88 | 84 | 90% | A+ | 88.7 |
| Liberty Mutual | 84 | 87 | 93 | 88% | A | 88.5 |
| 21st Century | 85 | 86 | 87 | 88% | A | 86.7 |
| Esurance | 85 | 80 | 95 | 87% | A+ | 85.9 |
| Safeco | 85 | 85 | 85 | 86% | A | 85.8 |
| Travelers | 80 | 87 | 87 | 83% | A++ | 85.2 |
| Farmers Insurance | 78 | 87 | 88 | 79% | A | 84.3 |
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Data Source: Insure.com Best Car Insurance Companies
Safe drivers pay less for auto insurance
A great way to get affordable auto insurance premiums for a Camry is to be a careful driver and have a clean driving record. The example below illustrates how traffic citations and at-fault collisions can raise annual premium costs for each different age group. The premiums assume a single male driver, full coverage, $250 deductibles, and no policy discounts are applied.
In the prior example, the average cost of a car insurance policy in Aurora per year with no accidents and a clean driving record is $2,337. Get one speeding ticket and the average cost jumps to $2,633, an increase of $296 each year. Then add in one accident along with the one speeding ticket and the yearly cost of auto insurance for a Toyota Camry goes up to an average of $3,474. That’s an increase of $1,136, or $95 per month, just for not driving attentively!
Here’s why you should compare rates often
Aurora, CO auto insurance rates are impacted by many things which can significantly increase or decrease the cost of coverage. Simply having a birthday, filing a claim, or having a fender bender may prompt premium changes that can cause some rates to be cheaper than before. In addition to those changes, companies change prices without warning as an adjustment for underwriting gains or losses. Heavy losses can cause rate increases, while a profitable period can result in cheaper Camry insurance rates.
For example, the bar chart below shows the company with the cheapest car insurance in Aurora, CO for a 35-year-old female driver with a clean driving record, no accidents, and good financial standing. When quoting prices based on her current rating profile, The Hartford might offer the best car insurance rates in Aurora at $1,056 annually. This is $522 less than the average premium paid by Colorado drivers of $1,578. Grange, USAA, Nationwide, and GEICO are the rest of the cheapest Aurora, CO auto insurance companies.
Now let’s give the driver from the first example a couple of claims, a little lower credit rating, and a blemish on her driving record. Since each company has a proprietary formula to set premium rates, getting updated rate quotes may result in a substantially altered list of the cheapest car insurance companies in Aurora as shown below.
Travelers now has the cheapest price in Aurora, CO with State Farm, American Family, Progressive, and USAA now rounding out the top five. This example demonstrates why consumers need to shop around with many companies when trying to find the best car insurance rates for a Toyota Camry. Auto insurance prices can be determined by many things and can decrease or increase without notice, so the most economical company three years ago may now be priced much higher than other options.
The Aurora car insurance agencies listed below are willing to provide answers to your questions and help you determine which coverages are best, since lots of people like to get some professional input when trying to find the best insurance rates for a Toyota Camry. It can be complicated to find the best policy yourself, so using a licensed agent can give you peace of mind knowing your policy gives you enough coverage when you need it. To find an Aurora insurance agent nearest to you, click the button link following the list or click here to compare price quotes now.
GEICO Insurance Agent
1140 S Abilene St – Aurora, CO 80012 – (303) 798-3939
Allstate Insurance: Mark Graham
1450 S Havana St Ste 308 – Aurora, CO 80012 – (303) 755-2600
American Family Insurance – Steve Sellers Agency Inc.
15200 E Girard Ave Ste 4025 – Aurora, CO 80014 – (303) 696-2698
View more Aurora, CO insurance agencies
How to find the cheapest insurance for a Toyota Camry
Lowering your rates is not difficult, and here are many penny-pinching solutions that can help Aurora drivers buy cheap coverage.
- Buy a vehicle with excellent safety ratings
- Pay cheaper rates with good credit scores
- Tickets and violations raise rates
- Raise physical damage deductibles
- Avoid preventable accidents
- If your vehicles are older, consider dropping full coverage
- Keep rates low by comparing prices once a year
The last idea is incredibly significant, as was discussed in the prior article. Auto insurance rates in Aurora can be changed at any time, so drivers shouldn’t be reluctant to buy a policy from a new company if a better deal can be had. Being loyal to a particular company is commendable, but it’s not recommended if it’s costing you lots of money. Now is a great time to compare rates and find cheaper insurance for a Toyota Camry.