How Much Does 1999 Toyota Camry Car Insurance Cost?

Want the cheapest insurance coverage rates for your Toyota Camry? Price shopping your insurance coverage is always a challenge for consumers not familiar with shopping for insurance online. There are so many choices that it can quickly become a ton of work to find lower rates.

Finding the best rates is easy if you know what you’re doing. In a nutshell, every driver who carries insurance most likely will be able to find lower rates. Although car owners need to have an understanding of how big insurance companies market on the web and apply this information to your search.

More discounts equal less premium

Auto insurance companies don’t necessarily list every available discount in an easy-to-find place, so here is a list some of the best known as well as the least known ways to save on auto insurance.

  • Federal Government Employee – Being employed by or retired from a federal job could cut as much as 10% off for Camry insurance with select insurance companies.
  • Defensive Driver – Taking a course teaching defensive driving skills could cut 5% off your bill if your company offers it.
  • Own a Home – Simply owning a home can help you save on auto insurance because owning a home demonstrates responsibility.
  • Multiple Policy Discount – When you have multiple policies with the same company you could get a discount of up to 20% off your total premium.
  • Air Bag Discount – Vehicles with factory air bags and/or automatic seat belt systems can get savings of up to 25% or more.
  • Low Mileage Discounts – Low mileage vehicles can earn better rates on cars that stay parked.

As a disclaimer on discounts, most of the big mark downs will not be given to the entire policy premium. A few only apply to individual premiums such as comp or med pay. So even though they make it sound like all the discounts add up to a free policy, auto insurance companies aren’t that generous.

Companies that may have these money-saving discounts include:

Check with each company which discounts they offer. Some discounts may not be available in your state.

These factors can influence what you pay for Toyota Camry insurance

Consumers need to have an understanding of the factors that help determine insurance coverage rates. Having a good understanding of what influences your rates enables informed choices that will entitle you to much lower annual insurance costs.

  • Your credit rating is important – Having a bad credit score is a big factor in calculating your insurance coverage rates. So if your credit is lower than you’d like, you could pay less to insure your 1999 Toyota Camry by spending a little time repairing your credit. Drivers who have good credit tend to be better drivers and file fewer claims as compared to drivers with poor credit.
  • Consolidate policies to earn discounts – Some insurance companies provide better rates to people who have multiple policies with them such as combining an auto and homeowners policy. Discounts can amount to 10 percent or more. Even though this discount sounds good, it’s in your best interest to comparison shop to verify if the discount is saving money. Drivers may still find a better deal by buying insurance from more than one company.
  • Where you live – Choosing to live in less populated areas can be a good thing when talking about insurance coverage. Drivers who live in large cities have much more traffic and longer commute times. Lower population means reduced accidents.
  • Your stress level may be raising your rates – Occupations such as doctors, architects and accountants tend to have higher rates than average because of job stress and long work hours. On the flip side, occupations such as pilots, athletes and retirees receive lower rates for Camry insurance.
  • Teen drivers pay high rates – More mature drivers tend to be more responsible, tend to cause fewer accidents and receive fewer citations. Teenage drivers tend to be careless and easily distracted when driving and because of this, their insurance coverage rates are much higher.
  • Are you male or female? – The statistics show that men are more aggressive behind the wheel. Now that doesn’t mean men are worse drivers. They both cause accidents in similar percentages, but the males tend to have more serious accidents. They also receive more costly citations such as DWI and reckless driving.
  • Pay less if you’re married – Having a wife or husband actually saves money on your policy. Having a significant other translates into being more responsible and it’s proven that married drivers get in fewer accidents.

It’s not one size fits all

When choosing proper insurance coverage, there isn’t really a perfect coverage plan. Each situation is unique.

Here are some questions about coverages that could help you determine whether your personal situation could use an agent’s help.

  • When should I buy a commercial auto policy?
  • Are my friends covered when driving my car?
  • Do I need PIP coverage since I have good health insurance?
  • How can I force my company to pay a claim?
  • Do I pay less if my vehicle is kept in my garage?
  • Where can I find high-risk insurance?
  • How high should my uninsured/underinsured coverage be in my state?
  • Are my friends covered when driving my 1999 Toyota Camry?
  • How do I file an SR-22 for a DUI in my state?
  • Should I put collision coverage on all my vehicles?

If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to a licensed agent. To find lower rates from a local agent, complete this form.

Drivers who switch save $456 a year? Really?

Companies like GEICO, State Farm and Progressive continually stream television and radio advertisements. All the ads make the same claim about savings after switching to their company. How does each company make the same claim? This is how they do it.

All companies can use profiling for the right customer that earns them a profit. For instance, a desirable insured might be a mature driver, owns a home, and chooses high deductibles. A propective insured that hits that “sweet spot” will qualify for the lowest rates and therefore will save when they switch companies.

Potential customers who don’t meet the requirements will be quoted higher prices and this can result in business not being written. Company advertisements say “customers that switch” not “everybody who quotes” save that much. This is how insurance companies can claim big savings. This emphasizes why you need to get a wide range of price quotes. It’s impossible to know which insurance companies will give you the biggest savings on Toyota Camry insurance.

Car insurance coverage breakdown

Having a good grasp of car insurance helps when choosing the right coverages and the correct deductibles and limits. Policy terminology can be confusing and even agents have difficulty translating policy wording.

Uninsured or underinsured coverage

This coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is a good idea.

Comprehensive protection

This coverage covers damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like falling objects, a broken windshield, hitting a deer, rock chips in glass and theft. The maximum amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Medical expense coverage

Medical payments and Personal Injury Protection insurance kick in for immediate expenses such as X-ray expenses, funeral costs and chiropractic care. The coverages can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. It covers all vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage

Collision coverage

This will pay to fix damage to your Camry resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as crashing into a ditch, rolling your car and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to bring the cost down.

Liability coverage

Liability insurance can cover damage that occurs to a person or their property. This coverage protects you against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 50/100/50 that means you have a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.

Liability coverage protects against things like repair bills for other people’s vehicles, pain and suffering, bail bonds, structural damage and emergency aid. How much liability should you purchase? That is your choice, but buy as large an amount as possible.

A penny earned…

In this article, we covered a lot of information how to reduce 1999 Toyota Camry insurance prices online. The key thing to remember is the more price quotes you have, the higher the chance of saving money. Consumers may even find the lowest premiums are with some of the lesser-known companies.

People switch companies for a variety of reasons including delays in responding to claim requests, high rates after DUI convictions, not issuing a premium refund or even questionable increases in premium. Whatever your reason, finding a great new company is not as hard as you think.

As you restructure your insurance plan, make sure you don’t reduce needed coverages to save money. There are a lot of situations where someone dropped liability limits or collision coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. The ultimate goal is to get the best coverage possible for the lowest price while not skimping on critical coverages.

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