View 1998 Toyota Camry Insurance Rates

If you’re new to shopping for car insurance quotes online, you may be overwhelmed thanks to the huge assortment insurance agents and companies that all say they have the best rates.

How to get free insurance coverage quotes online

The majority of larger companies allow you to get coverage price quotes from their websites. Obtaining pricing is quite easy as you simply enter your personal and coverage information as detailed in the form. After you complete the form, the company’s rating system will obtain reports for credit and driving violations and returns a price.

Being able to quote online simplifies rate comparisons, but the process of having to visit multiple sites and type in your information is not the best way to spend an afternoon. But it’s very important to get many rate quotes if you want to get the lowest insurance coverage rates.

There is an easier way to compare rates

The quickest way to lower your rates is to use a quote form to return rates from many companies. The form is fast, requires less work, and makes rate comparisons a lot less work. After sending your information, your coverage is rated and you are able to buy any one of the pricing results. If one or more price quotes are lower than your current rates, you can simply submit the application and purchase coverage. This process just takes a couple of minutes and you’ll know if lower rates are available.

To get comparison pricing now, simply click here to open in new window and input your coverage information. If you have coverage now, it’s recommended you complete the form with identical to your current policy. This way, you are getting rate comparison quotes based on the exact same insurance coverage.

These discounts can lower your auto insurance quotes

Some providers don’t always advertise every disount available in a way that’s easy to find, so the below list has both the well known as well as the least known discounts you could be receiving when you buy car insurance online.

  • E-sign Discounts – A handful of companies give back up to $50 for buying your policy online.
  • Discount for Home Ownership – Being a homeowner can save you money because owning a home demonstrates responsibility.
  • Low Miles Discount – Low annual miles could qualify for discounted prices on garaged vehicles.
  • Drivers Ed for Students – Cut your cost by having your teen driver enroll in driver’s education in high school.
  • Payment Discounts – If you can afford to pay the entire bill instead of paying each month you can avoid monthly service charges.
  • No Accidents – Insureds with no claims or accidents pay much less when compared with policyholders that have many claims.
  • Discount for Life Insurance – Larger insurance carriers have a break if you buy some life insurance too.

Consumers should know that some of the credits will not apply to the overall cost of the policy. Most cut specific coverage prices like collision or personal injury protection. If you do the math and it seems like all those discounts means the company will pay you, auto insurance companies aren’t that generous.

A list of companies and some of the discounts can be found below.

  • Progressive includes discounts for continuous coverage, multi-policy, online signing, multi-vehicle, homeowner, and good student.
  • Farmers Insurance offers discounts for electronic funds transfer, teen driver, multi-car, early shopping, homeowner, and bundle discounts.
  • Farm Bureau may have discounts that include good student, multi-vehicle, 55 and retired, multi-policy, youthful driver, and safe driver.
  • State Farm policyholders can earn discounts including multiple autos, anti-theft, good driver, Steer Clear safe driver discount, good student, passive restraint, and student away at school.
  • Geico has savings for anti-theft, membership and employees, multi-policy, defensive driver, and daytime running lights.
  • SAFECO may offer discounts for safe driver, anti-lock brakes, drive less, anti-theft, bundle discounts, and teen safety rewards.
  • Liberty Mutual discounts include new vehicle discount, new graduate, good student, newly married, and preferred payment discount.

Double check with each company which discounts you may be entitled to. Some discounts listed above might not be offered on policies everywhere. To choose insurers that offer some of these discounts, click this link.

Insurance premium influencing factors

Lots of factors are taken into consideration when you quote your car insurance policy. Most are fairly basic like your driving record, although some other factors are not quite as obvious such as whether you are married or how financially stable you are.

  • Safer cars cost less to insure – Safer cars tend to have lower insurance rates. Vehicles built for safety reduce the chance of injuries and any reduction in injury severity means less money paid by your insurance company and more competitive rates for policyholders.
  • Job reflects on insurance rates – Did you know your career choice can influence rates? Occupations like judges, architects and dentists generally pay higher rates than average in part from high stress and lengthy work days. Other jobs like scientists, historians and the unemployed have lower than average premiums for Camry insurance.
  • Tickets cost more than a fine – Getting just one driving citation can increase rates forty percent or more. Careful drivers receive lower rates compared to drivers with tickets. Drivers who have gotten license-revoking violations such as reckless driving, hit and run or driving under the influence are required to complete a SR-22 with their state’s licensing department in order to keep their license.
  • Where you live plays a part – Being located in areas with lower population is a good thing when it comes to insurance. Urban drivers have much more traffic and much longer commute distances. Fewer drivers means fewer accidents and also fewer theft and vandalism claims.

Different people need different insurance coverage coverages

When buying adequate coverage for your personal vehicles, there really is not a best way to insure your cars. Every insured’s situation is different.

For example, these questions might point out if you will benefit from professional help.

  • Are all vehicle passengers covered by medical payments coverage?
  • I don’t drive much so do I pay less?
  • What can I do if my company won’t pay a claim?
  • Why do I need rental car insurance?
  • Does my liability insurance cover pulling a trailer or camper?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Can I afford to buy a different vehicle if my 1998 Toyota Camry is totaled?
  • How much liability coverage do I need in my state?
  • What is PIP insurance?

If you don’t know the answers to these questions but a few of them apply, you may need to chat with an agent. To find lower rates from a local agent, take a second and complete this form.

Advertising myths

21st Century, Allstate and State Farm endlessly run ads on TV and radio. They all seem to tend to make the same promise about savings after switching your coverage. How do they all lower your rates? It’s all in how they say it.

Insurance companies have specific guidelines for the type of driver that is profitable for them. For example, this type of risk profile may be between the ages of 40 and 55, has no claims, and drives a lower-performance vehicle. A customer getting a price quote that fits those parameters will get a cheap rate quote and have a good chance to cut their rates substantially.

Drivers who may not quite match this ideal profile may be required to pay higher rates which translates to the customer buying from a different company. The wording the ads use say “customers that switch” not “everyone who quotes” will save that much if they switch. That’s the way insurance companies can make it sound like they have such great rates. Because each company has a different risk profile, you should compare many company’s rates. It is just not possible to predict which car insurance company will provide you with the cheapest prices.

Insurance coverages and their meanings

Understanding the coverages of insurance helps when choosing which coverages you need for your vehicles. Insurance terms can be impossible to understand and reading a policy is terribly boring.

Liability car insurance

Liability insurance protects you from damage that occurs to a person or their property in an accident. This coverage protects you from claims by other people, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 50/100/50 that translate to $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability insurance covers things like legal defense fees, repair costs for stationary objects, emergency aid, funeral expenses and repair bills for other people’s vehicles. How much liability coverage do you need? That is your choice, but you should buy as much as you can afford.

UM/UIM Coverage

This coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants and damage to your Toyota Camry.

Because many people have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family.

Medical costs insurance

Med pay and PIP coverage pay for short-term medical expenses such as pain medications, funeral costs and nursing services. They can be used to fill the gap from your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Comprehensive or Other Than Collision

This coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like a tree branch falling on your vehicle, damage from getting keyed, hitting a bird and a broken windshield. The maximum amount your insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Collision insurance

This covers damage to your Camry resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for things like crashing into a building, scraping a guard rail and backing into a parked car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to raise the deductible to bring the cost down.

Be a smart shopper

You just read a lot of ways to save on 1998 Toyota Camry insurance. It’s most important to understand that the more rate quotes you have, the more likely it is that you will get a better rate. You may even find the lowest priced insurance coverage comes from a smaller regional carrier.

Drivers leave their current company for any number of reasons including being labeled a high risk driver, lack of trust in their agent, delays in responding to claim requests and even an unsatisfactory settlement offer. No matter why you want to switch, finding a great new company can be pretty painless.

A few companies may not provide the ability to get a quote online and many times these smaller companies work with local independent agents. Discount 1998 Toyota Camry insurance can be purchased both online and from local agencies, and you should compare price quotes from both so you have a total pricing picture.

Additional information can be found at the links below