2012 Toyota Camry Hybrid Insurance Rates – 7 Tips for Best Quotes

Sick and tired of wondering where the money will come from to make your car insurance payment? You’re in the same situation as many other consumers.

Consumers have many car insurance companies to insure vehicles with, and though it is a good thing to have a selection, it can be more difficult to find the best rates.

It’s a great practice to compare prices before your policy renews since insurance rates are variable and change quite frequently. Even if you got the best premium rates on Camry Hybrid insurance a year ago you will most likely find a better price today. Ignore everything you know about car insurance because you’re going to learn one of the easiest ways to save on car insurance.

Buy insurance online

There are several ways to obtain and compare prices from companies that offer insurance in your state. By far the easiest way to find cheaper 2012 Toyota Camry Hybrid rates is to perform an online rate comparison. It’s really quite simple and can be done in a couple minutes as outlined below.

Hands down the most simple method to get quotes would be an industry-wide quote request form (click to open form in new window). This method eliminates the need for repetitive form submissions for every prospective company. Taking the time to complete one form compares rates direct from many companies.
A different way to find lower rates requires visiting each individual company website to complete a price quote. For example, we’ll assume you want rates from Farmers, Progressive and State Farm. You would have to spend time going to each site individually and enter your policy data, which is not fast way to get rate quotes.
For a list of links to companies insuring cars in your area, click here.

Which method you use is up to you, but try to keep the exact same coverage data for each comparison quote. If the quotes have different values for each quote it’s impossible to find the best deal for your Toyota Camry Hybrid. Having just a slight variation in coverages could throw off the whole comparison. It’s important to know that making a lot of price comparisons helps improve the odds of finding a lower rate.

Seven discounts to earn cheap insurance rates

Insurance is easily one of your largest bills, but companies offer discounts that could help you make your next renewal payment. Certain reductions will be credited at the time of purchase, but a few must be asked for before they will apply. If you’re not getting every credit available, it’s possible you qualify for a lower rate.

Discounts for Government Workers – Simply working for the federal government can earn a discount up to 10% on Camry Hybrid insurance depending on your company.
Life Insurance Discount – Insurance carriers who offer life insurance give a small discount if you purchase life insurance.
Good Grades Discount – This discount can get you a discount of up to 25%. Earning this discount can benefit you up until you turn 25.
Anti-theft System – Cars, trucks, and SUVs equipped with anti-theft or alarm systems are stolen less frequently and therefore earn up to a 10% discount.
No Claim Discounts – Drivers who stay claim-free get the best insurance rates when compared with drivers who are more careless.
Discounts for Good Drivers – Insureds who avoid accidents can save up to 40% or more on their insurance coverage quote on Camry Hybrid insurance compared to rates paid by drivers with frequent claims.
Onboard Data Collection – Insureds that choose to allow their company to track when and where they use their vehicle by using a telematics device in their vehicle like Allstate’s Drivewise might get better premium rates if their driving habits are good.

Please keep in mind that many deductions do not apply to your bottom line cost. Some only apply to the price of certain insurance coverages like comp or med pay. Despite the fact that it seems like all those discounts means the company will pay you, it’s just not the way it works.

The best insurance companies and a selection of discounts include:

Geico offers discounts including federal employee, emergency military deployment, daytime running lights, driver training, membership and employees, and multi-policy.
MetLife may have discounts that include accident-free, good student, good driver, multi-policy, claim-free, and defensive driver.
Progressive includes discounts for good student, homeowner, online quote discount, multi-policy, multi-vehicle, and online signing.
Travelers has discounts for save driver, continuous insurance, home ownership, driver training, and multi-car.
SAFECO may include discounts for homeowner, teen safety rewards, drive less, teen safe driver, accident prevention training, multi-car, and anti-lock brakes.
AAA discounts include pay-in-full, education and occupation, AAA membership discount, multi-car, and anti-theft.

When getting free insurance coverage quotes, it’s a good idea to all the companies how many discounts you can get. Discounts might not be offered on policies in your state.

Tailor your auto insurance coverage to you

When buying proper insurance coverage, there really is not a “best” method to buy coverage. Each situation is unique and your policy should reflect that. For instance, these questions might help in determining if you may require specific advice.

Am I missing any policy discounts?
Is business equipment covered while in my vehicle?
Do I need replacement cost coverage?
Is my Toyota Camry Hybrid covered if I use it for business?
Are rock chip repairs covered?
Does my insurance cover my expensive audio equipment?
I don’t drive much so do I pay less?
What is medical payments coverage?
Will my insurance pay for OEM parts?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area.

Specifics of your insurance policy

Knowing the specifics of a insurance policy can help you determine appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring. Below you’ll find typical coverages available from insurance companies.

Auto liability insurance

This can cover damage or injury you incur to a person or their property by causing an accident. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers claims such as attorney fees, court costs, structural damage, pain and suffering and emergency aid. How much coverage you buy is your choice, but you should buy as much as you can afford.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage pay for bills such as hospital visits, X-ray expenses, nursing services, surgery and doctor visits. They are used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Uninsured and underinsured coverage

This coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries and also any damage incurred to your 2012 Toyota Camry Hybrid.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Comprehensive coverages

Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for things such as hitting a bird, damage from getting keyed and theft. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision coverage

Collision coverage will pay to fix damage to your Camry Hybrid caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like crashing into a ditch, hitting a parking meter, sustaining damage from a pot hole and driving through your garage door. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to raise the deductible to get cheaper collision coverage.