View 2009 Toyota Camry Insurance Rates

Looking for cheaper insurance rates for your Toyota Camry? I doubt anyone likes having to buy insurance, especially when they know they could lower their rates if they shopped around.

Big companies like Allstate, Liberty Mutual and State Farm all claim big savings with TV and radio ads and it is difficult to ignore the flashy ads and take the time to shop coverage around.

You need to compare prices yearly because insurance prices tend to go up over time. Despite the fact that you may have had the best rates on Camry coverage on your last policy you may be paying too much now. There are a lot of ways to save on insurance on the web, but in a few minutes you can learn some of the best techniques to lower your insurance premiums.

Auto insurance discounts are available to reduce your rates

Buying auto insurance is not cheap, but companies offer discounts that can help lower your rates. Most are applied at the time of purchase, but once in a while a discount must be requested specifically in order for you to get them. If you are not receiving all the discounts possible, you are throwing money away.

• Save over 55 – Drivers that qualify as senior citizens may receive better auto insurance rates on Camry coverage.
• Driver’s Education for Students – Cut your cost by having your teen driver sucessfully take a drivers education course as it will make them better drivers and lower rates.
• New Car Discount – Buying a new car model may earn a small discount because newer models keep occupants safer.
• Discount for Good Grades – Excelling in school can save 20 to 25%. Many companies even apply the discount to college students up until you turn 25.
• Discount for Passive Restraints – Vehicles equipped with air bags or motorized seat belts may get savings as much as 30%.
• Resident Student – Any of your kids who attend college more than 100 miles from home and do not have a car may qualify for this discount.
• Safe Drivers – Safe drivers can get discounts for up to 45% lower rates on Camry coverage than their less cautious counterparts.
• Life Insurance – Not all companies offer life insurance, but some may give you a lower price if you buy some life insurance in addition to your auto policy.

You should keep in mind that most discount credits are not given to the overall cost of the policy. A few only apply to specific coverage prices like collision or personal injury protection. So when it seems like you would end up receiving a 100% discount, companies wouldn’t make money that way.

Companies and some of the discounts are:

• State Farm has discounts for multiple policy, safe vehicle, anti-theft, student away at school, passive restraint, and multiple autos.
• American Family offers premium reductions for multi-vehicle, defensive driver, Steer into Savings, good student, and air bags.
• AAA includes discounts for pay-in-full, AAA membership discount, education and occupation, multi-car, good driver, anti-theft, and multi-policy.
• Geico policyholders can earn discounts including anti-lock brakes, air bags, military active duty, defensive driver, anti-theft, and daytime running lights.
• Mercury Insurance discounts include location of vehicle, low natural disaster claims, professional/association, multi-car, good student, good driver, and anti-theft.
• Farmers Insurance offers discounts including electronic funds transfer, distant student, good student, switch companies, alternative fuel, and homeowner.
• Progressive may include discounts for good student, homeowner, continuous coverage, multi-policy, and multi-vehicle.

Double check with each insurance company which discounts can lower your rates. A few discounts may not be available in your area. To view companies offering auto insurance discounts, click here to view.

Learn how to buy insurance coverage for less

One of the most helpful ways to save on insurance coverage is to to have a grasp of the rating factors that help calculate your policy premiums. When you understand what determines premiums, this enables informed choices that may result in lower rates.

• Cars with good safety ratings lower premiums – Safe vehicles tend to have better insurance rates. These vehicles reduce injuries and fewer injuries means less money paid by your insurance company and more competitive rates for policyholders.
• Gender and insurance costs – Statistics demonstrate women tend to be less risk to insure than men. This data doesn’t prove that males are worse at driving than females. Men and women get in at-fault accidents in similar numbers, but guys get into accidents with more damage. Not only that, but men also get more serious tickets such as DWI and reckless driving. Teenage male drivers have the highest risk to insure and are penalized with high insurance coverage rates.
• Certain employers raise premiums – Jobs such as lawyers, social workers and miners usually pay higher rates than the rest of us due to intense work requirements and lots of time spent at work. Conversely, jobs like professors, students and homemakers receive lower rates on Camry coverage.
• Drive less and pay lower prices – The more you drive your Toyota in a year the more you will pay for insurance coverage. A lot of companies rate vehicles based upon how much you drive. Cars and trucks that sit idle most of the time get more affordable rates as compared to vehicles used primarily for driving to work. It’s a smart idea to ensure your policy properly reflects the correct usage, because it can save money. Incorrect rating for your Camry can result in significantly higher rates.
• Multi-policy discounts can save money – Most major insurers give a discount to insureds that purchase more than one policy. It’s known as a multi-policy discount. Discounts can add up to as much as ten percent or more If you currently are using one company, consumers should still comparison shop to make sure you are getting the best deal.
• Better drivers pay better rates – Drivers who don’t get tickets get better rates than people who have multiple driving citations. Having just one chargable violation can increase the cost of insurance twenty percent or more. Drivers with severe tickets like reckless driving, hit and run or driving under the influence might be required by their state to file a SR-22 with their state motor vehicle department in order to prevent their license from being revoked.

Everyone needs different insurance coverages

When choosing coverage for your personal vehicles, there is no one size fits all plan. Every insured’s situation is different and a cookie cutter policy won’t apply. For example, these questions might help in determining whether your personal situation will benefit from professional help.

• Do I really need UM/UIM coverage?
• Is a new car covered when I drive it off the dealer lot?
• What is high-risk coverage and where do I buy it?
• Am I better off with higher deductibles on my 2009 Toyota Camry?
• How do I file an SR-22 for a DUI in my state?
• Does my policy pay for OEM or aftermarket parts?

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an agent. To find an agent in your area, take a second and complete this form or click here for a list of insurance companies in your area.

Coverage specifics

Knowing the specifics of your policy aids in choosing the right coverages for your vehicles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. Below you’ll find the usual coverages available from insurance companies.

Comprehensive or Other Than Collision

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for things such as theft, hitting a bird, vandalism, a broken windshield and damage from getting keyed. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Auto liability insurance

This coverage provides protection from damage or injury you incur to other’s property or people. This insurance protects YOU against claims from other people. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Alternatively, you may have one number which is a combined single limit which provides one coverage limit without having the split limit caps.

Liability coverage pays for things like medical services, repair costs for stationary objects, loss of income and repair bills for other people’s vehicles. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

UM/UIM Coverage

This coverage provides protection from other motorists when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants as well as damage to your Toyota Camry.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is a good idea. Normally these coverages are set the same as your liablity limits.

Medical costs insurance

Coverage for medical payments and/or PIP provide coverage for bills like funeral costs, surgery and nursing services. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Coverage applies to all vehicle occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and may carry a deductible

Collision coverage protection

Collision coverage pays for damage to your Camry caused by collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as crashing into a building, damaging your car on a curb, hitting a mailbox, driving through your garage door and sideswiping another vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Save your cold hard cash

When getting insurance quotes online, it’s a bad idea to buy lower coverage limits just to save a few bucks. In many instances, someone sacrificed full coverage only to discover later that it was a big error on their part. Your strategy should be to find the BEST coverage for the lowest price and still be able to protect your assets.

Some companies may not offer the ability to get quotes online and most of the time these regional carriers only sell coverage through local independent agents. Cheaper 2009 Toyota Camry insurance can be purchased both online and with local insurance agents, so you should compare both so you have a total pricing picture.

Additional insurance information can be found below:

• Reducing Your Risks in a Car Crash Video (iihs.org)
• Who Has Cheap Auto Insurance Quotes for a Toyota Camry in Detroit? (DetroitInsure.com)
• Who Has Affordable Car Insurance Quotes for a Toyota Camry in Los Angeles? (LosAngelesCoverage.com)
• Learn About Car Insurance (Geico)
• All About Airbag Safety (State Farm)
• Property Damage Coverage (Liberty Mutual)
• Safe Vehicles for Teens (iihs.org)
• Determining Your Vehicle’s Value and Repair Cost (Insurance Information Insitute)