Finding the best cheap insurance for a Toyota Camry hinges on a pretty complex algorithm that uses a lot of factors such as your marital status, whether or not you have prior claims, and driving citations. Washington drivers pay around $674 per year for Camry insurance, but that amount is an approximation based on a 50-year-old married male driver with full comprehensive and collision coverage and $500 deductibles.
The issue with using an average estimated rate is the likelihood you’re not a 50-year-old male, possibly single instead of married, or maybe you rent instead of own your home. Just a slight change in rating criteria could result in a significant change in the coverage rate.
There is no perfect policy for every driver, so the only real way to find the most affordable coverage for your Toyota is to do the rate comparisons yourself.
The trim level of your Camry will be a contributing factor to the cost of insurance, so the price you will pay to insure a Camry LE trim level will be $118 cheaper than the price to insure the more costly Camry Hybrid trim level, as shown in the chart below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
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Table data represents married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Washington minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Rate information does not factor in vehicle location which can change premiums greatly.
Finding reliable, cost effective insurance is easier said than done, and deciding which companies have the lowest-priced insurance rates for a Toyota Camry may require even more perseverance.
Every insurance provider has a proprietary method for determining rates, so we’ll go over the insurance companies with the overall best prices in Seattle, WA. We do need to point out that Seattle, WA insurance rates are influenced by many factors that can increase the price you pay. This price variability is why drivers need to compare as many rates as possible to get the most economical auto insurance quotes for a Toyota Camry. Car insurance prices are determined by many things and can increase or decrease at any time, so the best option a year ago may now be priced much higher than other options.
Best Car Insurance Prices for Your Camry
Capital generally has some of the lowest car insurance rates in Seattle at around $761 per year. This is $651 less than the average rate paid by Washington drivers of $1,412. Grange, PEMCO, Nationwide, and Travelers would also be considered some of the lowest-priced Seattle, WA auto insurance companies.
As the rates illustrate above, if you are currently insured with Nationwide and switched to Grange, you may see yearly savings of in the neighborhood of $168. Washington drivers with Travelers may save as much as $206 a year, and Mutual Enumclaw customers might lower prices by $212 a year.
To compare your rates to other Washington insurance companies, click here to begin a quote or quote rates from the companies below.
It’s important to note that these policy rates are averages for all types of drivers and the different vehicles they drive and do not factor in a specific vehicle garaging location for a Toyota Camry. So the car insurance company that can offer you the lowest price may not even be in the list above. That helps illustrate why you need to quote rates from as many companies as possible using your own personalized driver profile and vehicle information.
Irresponsible driving raises your rates
The best way to enjoy cheap insurance premiums for a Camry is to be a safe driver and not have accidents or get tickets. The illustration below highlights how traffic violations and at-fault accidents increase premium costs for different ages of insureds. The costs are based on a married male driver, comp and collision included, $250 deductibles, and no discounts are factored in.
In the previous chart, the average cost of an auto insurance policy per year with no accidents and a clean driving record is $1,676. Add in two speeding tickets and the average cost surges to $2,319, an increase of $643 each year. Then add in one accident along with the two speeding tickets and the annual cost of insurance for a Toyota Camry increases to an average of $2,972. That’s an increase of $1,296, or $108 per month, just for being a careless driver!
Chances are good that you’re overpaying for Camry insurance
Seattle insurance rates are impacted by many factors which can substantially change the policy price. Simply improving your credit, increasing deductibles, or getting a ticket for careless driving can trigger rate changes that can cause some rates to be cheaper than before.
In addition, insurers change prices every year to reflect underwriting profits or losses. A period of increased losses may result in more expensive prices, while long-term profits may result in lower-cost Camry insurance rates.
To illustrate this example, the data below shows the cheapest car insurance in Seattle, WA for a 30-year-old female driver with a good driving record, no prior claims, and a high credit rating. If we estimate prices based on her current situation, Capital has the most affordable car insurance rates in Seattle at $1,094 annually. This is $318 less than the average policy premium paid by Washington drivers of $1,412. Grange, PEMCO, Nationwide, and Travelers are the remaining most affordable Seattle, WA auto insurance companies.
The chart below compares rates after we give the driver from the first example a chargeable claim, poor credit, and a few traffic violations. Because each company uses their own method for determining rates in each state, analyzing rate quotes may now present a new list of the cheapest companies as shown below.
California Casualty now has the cheapest insurance rate in Seattle with USAA, Chubb, The Hartford, and Allied also having competitive pricing. This illustrates why consumers need to take the time to compare as many rates as possible when trying to get the most affordable auto insurance rates for a Toyota Camry.
Auto insurance prices are impacted by many factors and change frequently, so the cheapest company six months ago may now be wasting a lot of money.
How to find cheaper car insurance for a Toyota Camry
Below you’ll find some money-saving solutions that can help Washington drivers buy cheap coverage.
- Buy a vehicle with excellent safety ratings
- Being accident-free can lower rates significantly
- Raise deductibles
- Avoid getting tickets or violations
- Do not pay for full coverage if not needed
- Clean up your credit rating
- Shop around for lower rates once a year
That last idea is notably critical, as was stressed in this article. Coverage prices can be modified anytime, so drivers shouldn’t be resistant to buy from a new company if a lower-cost policy is available. Many consumers stick with the same company and that’s fine, but it’s not recommended if that loyalty ends up costing money that could be used for better things. In just a couple of minutes you could compare rates to find cheaper car insurance for a Toyota Camry in Seattle.
The Seattle auto insurance agencies shown below are a good start to provide answers to your questions and help you determine which coverages and limits you need, as some drivers aren’t sure which coverage they need and prefer to have some advice when shopping for the best coverage for a Toyota Camry. It can be time-consuming to find the cheapest rates, and getting professional guidance from a licensed agent can bring comfort knowing you have adequate protection.
To find a Seattle insurance agency by location nearest to you, click the button after the list or click here to compare price quotes now.
Paulla Suy – State Farm Insurance Agent
900 S Jackson St #213 – Seattle, WA 98104 – (206) 381-3733
8613 35th Ave NE – Seattle, WA 98115 – (206) 523-8660
2414 SW Andover St – Seattle, WA 98106 – (206) 937-4613