2016 Toyota Camry Car Insurance Quotes – 6 Discounts for Cheaper Rates

Trying to find lower insurance coverage rates for your Toyota Camry? Are you kicking yourself for buying high-priced insurance coverage? Don’t sweat it because many consumers are in the same pinch. Numerous car insurance companies battle for your business, and because of this it can be hard to compare auto insurance companies and get the best coverage at the best price available.

Smart consumers take time to compare rates once or twice a year because prices are variable and change quite frequently. Even if you got the lowest price on Camry insurance at your last renewal a different company probably has better rate quotes today. Ignore everything you know about insurance coverage because you’re going to learn one of the quickest ways to save on insurance coverage.

Save money with these six discounts

Companies don’t always advertise all available discounts in a way that’s easy to find, so the list below details some of the more common and the more hidden discounts that you can inquire about if you buy car insurance online.

  • Distant Student Discount – Kids who are enrolled in higher education away from home and don’t have a car may qualify for this discount.
  • Driver Training Discounts – Successfully completing a defensive driver class may get you a small discount if your company offers it.
  • Accident Forgiveness – Not necessarily a discount, but companies like Liberty Mutual, Allstate and State Farm will turn a blind eye to one accident before raising your premiums if you are claim-free before the accident.
  • Good Driver Discounts – Insureds who avoid accidents can save as much as half off their rates on Camry insurance compared to accident prone drivers.
  • Seat Belt Usage – Buckling up and requiring all passengers to use a seat belt can save 10% or more off the personal injury premium cost.
  • Service Members Pay Less – Being deployed in the military could trigger a small discount.

Keep in mind that some credits don’t apply to the entire cost. The majority will only reduce the cost of specific coverages such as comprehensive or collision. Even though the math looks like it’s possible to get free car insurance, company stockholders wouldn’t be very happy.

A list of insurance coverage companies and some of the discounts are:

  • Esurance may include discounts for anti-lock brakes, good student, claim free, paid-in-full, online quote, and emergency road assistance.
  • The Hartford offers premium reductions for driver training, bundle, anti-theft, good student, air bag, and defensive driver.
  • AAA may offer discounts for pay-in-full, anti-theft, good driver, AAA membership discount, education and occupation, multi-car, and multi-policy.
  • Geico offers discounts for military active duty, daytime running lights, multi-policy, air bags, multi-vehicle, defensive driver, and anti-lock brakes.
  • State Farm offers discounts including Steer Clear safe driver discount, passive restraint, multiple autos, defensive driving training, and good driver.

Before purchasing a policy, check with each insurance company how many discounts you can get. Some discounts listed above may not apply to policies in every state.

Compare insurance quotes

Shopping for lower insurance rates can be exhausting if you don’t know the most efficient way. You can spend your afternoon talking about coverages with agents in your area, or you can utilize online quotes to achieve your goal.

Most of the larger companies are enrolled in a marketplace that enables customers to complete one form, and each participating company provides a quote based on that data. This eliminates the need for form submissions to each company.

To compare rates now click here to open in new window.

The single downside to doing it this way is buyers cannot specifically choose which carriers to get pricing from. If you wish to select specific providers to request quotes from, we have a listing of insurance companies in your area. Click here to view list.

It’s up to you how you get prices quotes, just do your best to use equivalent information for each comparison quote. If you have mixed coverages then you won’t be able to make an equal comparison.

Auto insurance can be complex

When it comes to buying the best auto insurance coverage for your personal vehicles, there is no “perfect” insurance plan. Each situation is unique and a cookie cutter policy won’t apply. For example, these questions might help in determining if your situation could use an agent’s help.

  • Can my teen drive my company car?
  • What is PIP insurance?
  • Is rental equipment covered for theft or damage?
  • What can I do if my company won’t pay a claim?
  • Should I bundle my homeowners policy with my auto?
  • When can my company non-renew my policy?
  • Does insurance cover damages from a DUI accident?
  • Can my babysitter drive my car?
  • Does my insurance cover a custom paint job?

If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It’s fast, free and may give you better protection.

Auto insurance coverages

Having a good grasp of your insurance policy aids in choosing the best coverages at the best deductibles and correct limits. Insurance terms can be confusing and nobody wants to actually read their policy. Shown next are the usual coverages found on most insurance policies.

Liability coverage – Liability insurance protects you from damage that occurs to people or other property in an accident. Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show 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 $100,000 of coverage for damaged propery. Alternatively, you may have a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.

Liability insurance covers claims such as structural damage, medical services, funeral expenses, repair bills for other people’s vehicles and pain and suffering. How much liability should you purchase? That is a personal decision, but you should buy as high a limit as you can afford.

Protection from uninsured/underinsured drivers – This coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries and damage to your Toyota Camry.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea. Usually these coverages are set the same as your liablity limits.

Collision coverages – This will pay to fix damage to your Camry resulting from a collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things like colliding with a tree, hitting a mailbox, driving through your garage door, backing into a parked car and crashing into a building. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible to save money on collision insurance.

Comprehensive (Other than Collision) – This covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as damage from getting keyed, hail damage, theft and falling objects. The highest amount a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Medical expense insurance – Coverage for medical payments and/or PIP provide coverage for expenses for doctor visits, ambulance fees, chiropractic care, pain medications and dental work. The coverages can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay

Have the Midas touch

We just showed you a lot of ways to compare 2016 Toyota Camry insurance prices online. The most important thing to understand is the more providers you compare, the better chance you’ll have of finding the cheapest car insurance. You may even discover the best price on insurance is with the smaller companies. Smaller companies often have lower rates on specific markets than the large multi-state companies such as State Farm, Geico and Nationwide.

When shopping online for insurance, it’s very important that you do not reduce coverage to reduce premium. There are many occasions where an insured dropped collision coverage and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to find the BEST coverage at an affordable rate, not the least amount of coverage.

Even more information is available at these sites: