Save on 2013 Toyota Camry Car Insurance Quotes

Trying to find lower insurance rates for your Toyota Camry? Did you fall for a flashy sales pitch and buy overpriced insurance? Believe me when I say you’re not alone.

Many car insurance companies vie to insure your vehicles, and because of this it can be hard to compare insurance companies and get the best coverage at the lowest rate

It’s a good habit to take a look at other company’s rates at least once a year since insurance rates are rarely the same from one policy term to another. Just because you had the lowest rates on Camry insurance a year ago there is a good chance you can find better rates now. You can find a lot of misleading information regarding insurance online, so with this article, you’re going to get some proven techniques to quit paying high insurance rates.

How to Compare Insurance

Effectively comparing insurance prices can be a lot of work if you don’t know the most efficient way. You could spend the better part of a day talking to insurance agencies in your area, or you could save time and use the web to accomplish the same thing much quicker.

Many popular insurance companies take part in a program that enables customers to send in one quote, and at least one company provides a quote based on the submitted data. This system prevents you from having to do form submissions for every insurance company.

To enter your information into the quoting system, click here to open in new window.

The only drawback to using this type of form is you cannot specify which insurance companies you want pricing from. If you prefer to choose specific providers to compare, we have a listing of insurance companies in your area. View list of insurance companies.

It’s up to you how you get prices quotes, just ensure you’re using apples-to-apples quote information with every price quote. If each company quotes differing limits it’s not possible to determine which rate is truly the best. Slightly different coverage limits can make a big difference in price. Keep in mind that comparing more company’s prices gives you a better chance of getting lower pricing.

The car insurance bait and switch

State Farm and Allstate continually stream ads on television and other media. All the companies have a common claim about savings after switching your policy. But how can every company claim to save you money? It’s all in the numbers.

Different companies have a certain “appetite” for the type of customer that earns them a profit. For instance, a driver they prefer might be profiled as between the ages of 40 and 55, has no tickets, and drives less than 7,500 miles a year. A customer getting a price quote who fits that profile receives the best rates and therefore will pay quite a bit less when switching companies.

Consumers who don’t meet this ideal profile will have to pay higher prices and ends up with business not being written. Company advertisements say “people who switch” not “people who quote” save money. That is how companies can truthfully state the savings.

Because of the profiling, you need to get quotes from several different companies. It’s impossible to know which company will fit your personal profile best.

Factors determining your Toyota Camry insurance premium

Consumers need to have an understanding of the different types of things that help determine car insurance rates. When you know what positively or negatively impacts premium levels allows you to make educated decisions that may reward you with much lower annual insurance costs.

  • Multi-policy discounts can save money – Many insurers give discounts to people who carry more than one policy in the form of a multi-policy discount. Even though this discount sounds good, it’s in your best interest to compare other company rates to ensure the best deal.
  • Pleasure use or commuting – Driving more miles in a year the more you will pay for car insurance. Almost all companies price each vehicle’s coverage based on their usage. Vehicles left parked in the garage get more affordable rates than those used for commuting. If your policy improperly rates your Camry may be wasting your money. Make sure your car insurance coverage is rated on the proper vehicle usage.
  • Equipment add-ons that lower car insurance rates – Driving a car that has an advanced theft prevention system can help lower your rates. Theft prevention devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all hinder your car from being stolen.
  • Your job and insurance rates – Jobs such as doctors, architects and stock brokers have the highest rates in part from high stress levels and long work hours. On the other hand, occupations like actors, students and the unemployed get better rates on Camry insurance.
  • Choose a safe vehicle and save – Cars with high safety ratings tend to have better insurance rates. The safest vehicles reduce injuries and fewer injuries means lower claim amounts and thus lower rates. If your Toyota Camry scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
  • Low deductibles can be expensive – Deductibles for physical damage define the amount you are required to spend if you file a covered claim. Coverage for physical damage, otherwise known as comp (or other than collision) and collision, insures against damage to your car. A few examples of covered claims could be running into the backend of another car, damage caused by hail, and burglary. The higher the amount you have to pay, the less your car insurance will be on Camry insurance.

Cut your premium with discounts

The price of auto insurance can be rather high, but discounts can save money and there are some available that many people don’t even know exist. Some discounts apply automatically at the time you complete a quote, but some may not be applied and must be asked for prior to receiving the credit.

  • Defensive Driving Course – Taking a course in driver safety could save 5% or more if your company offers it.
  • Good Student Discount – This discount can earn a discount of 20% or more. The discount lasts until age 25.
  • Air Bag Discount – Vehicles equipped with air bags or automatic seat belts can qualify for discounts of 20% or more.
  • Military Rewards – Having a family member in the military may qualify for rate reductions.
  • Pay Upfront and Save – If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save 5% or more.

It’s important to note that most discount credits are not given to all coverage premiums. Some only apply to the cost of specific coverages such as comprehensive or collision. So despite the fact that it appears it’s possible to get free car insurance, insurance companies aren’t that generous. But all discounts will help reduce the cost of coverage.

Insurance companies who might offer these discounts include:

Check with every prospective company how you can save money. All car insurance discounts might not be offered in every state.

What is the best insurance coverage?

When it comes to choosing the right insurance coverage for your vehicles, there is no perfect coverage plan. Each situation is unique so your insurance needs to address that. These are some specific questions could help you determine whether or not you might need professional guidance.

  • Where can I find high-risk insurance?
  • Can I rent a car in Mexico?
  • Does my medical payments coverage pay my health insurance deductible?
  • When should I remove comp and collision on my 2013 Toyota Camry?
  • What are the financial responsibility laws in my state?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Does my policy cover me when driving someone else’s vehicle?

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area.

Coverages available on your policy

Knowing the specifics of your auto insurance policy helps when choosing appropriate coverage for your vehicles. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. These are typical coverages available from auto insurance companies.

Coverage for uninsured or underinsured drivers – This protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your Toyota Camry.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Collision – Collision coverage covers damage to your Camry from colliding with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for things like colliding with a tree, scraping a guard rail and sideswiping another vehicle. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. It’s also possible to increase the deductible to get cheaper collision coverage.

Coverage for medical expenses – Med pay and PIP coverage kick in for immediate expenses like dental work, funeral costs, surgery and doctor visits. The coverages can be used in conjunction with a health insurance plan or if you lack health insurance entirely. They cover both the driver and occupants and also covers if you are hit as a while walking down the street. PIP coverage is not universally available but can be used in place of medical payments coverage

Liability coverage – This can cover damage that occurs to a person or their property by causing an accident. It protects YOU against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 50/100/50 which means a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Some companies may use a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability can pay for things like structural damage, bail bonds and repair costs for stationary objects. How much liability coverage do you need? That is a personal decision, but buy higher limits if possible.

Comprehensive auto insurance – Comprehensive insurance pays for damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as hitting a deer, damage from a tornado or hurricane, a broken windshield, rock chips in glass and theft. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

One last thing

We just presented a lot of information how to shop for 2013 Toyota Camry insurance online. The key concept to understand is the more providers you compare, the more likely it is that you will get a better rate. Consumers may even find the lowest priced insurance comes from a lesser-known regional company. Smaller companies may often insure only within specific states and give getter rates as compared to the big name companies such as State Farm and Allstate.

As you shop your coverage around, you should never reduce coverage to reduce premium. Too many times, an insured cut liability limits or collision coverage only to discover later that the savings was not a smart move. The aim is to purchase a proper amount of coverage at a price you can afford, not the least amount of coverage.

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