2014 Toyota Camry Hybrid Car Insurance Quotes

Looking for cheaper auto insurance rates for your Toyota Camry Hybrid? If you are new to online price comparisons, you can easily be confused by the vast assortment of online companies all claiming to save you money.

If you currently have car insurance, you will most likely be able to save some money using this information. This article will introduce you to the most effective way to quote insurance. Nevertheless, car owners need to learn the way companies compete online and take advantage of how the system works.

Are you getting every discount?

Some insurance providers don’t necessarily list every policy discount in an easy-to-find place, so the list below details both the well known and also the lesser-known credits available to bring down your rates.

• Good Student – This discount could provide a savings of up to 20% or more. Earning this discount can benefit you well after school through age 25.
• Own a Home – Being a homeowner can save you money because owning a home is proof of financial responsibility.
• 55 and Retired – Seniors may qualify for a slight reduction on a car insurance quote on Camry Hybrid insurance.
• Anti-lock Brake System – Cars and trucks with anti-lock braking systems can reduce accidents so companies give up to a 10% discount.
• Onboard Data Collection – Policyholders that allow companies to look at where and when they drive by using a telematic data system like In-Drive from State Farm and Progressive’s Snapshot might see lower rates if they are good drivers.
• Multi-Vehicle Discounts – Purchasing coverage when you have primary and secondary vehicles on one policy qualifies for this discount.
• Discount for Passive Restraints – Vehicles equipped with air bags and/or automatic seat belt systems may earn rate discounts up to 30%.
• Claim Free – Drivers who stay claim-free have much lower rates when compared with insureds who have frequent claims or accidents.
• Drivers Ed for Students – Reduce the cost of insurance for teen drivers by having them take driver’s ed class in high school.

It’s important to understand that most discount credits are not given to the entire cost. Most only reduce individual premiums such as medical payments or collision. Despite the fact that it seems like having all the discounts means you get insurance for free, it just doesn’t work that way.

For a list of insurers that offer some of these discounts, click here.

Smart consumers can reduce their insurance rates

The best way to find cheaper insurance coverage is to take a look at the factors that help determine your policy premiums. If you understand what impacts premium levels, this allows you to make educated decisions that could result in lower premium levels.

• Men tend to take more risk – Over the last 50 years, statistics have shown females are less aggressive when driving. However, this does not mean females are better at driving than males. They both get in fender benders in similar numbers, but the males tend to have higher claims. They also have more aggressive citations like reckless driving and DUI.
• Never have insurance coverage lapses – Having a lapse in insurance coverage is a guaranteed way to trigger a rate increase. In addition to paying higher rates, getting caught without coverage may earn you a steep fine or even jail time. You may need to submit proof of financial responsibility or a SR-22 with your state department of motor vehicles.
• Lower miles driven equals lower premium – The more miles you rack up on your Toyota in a year’s time the more you’ll pay to insure your vehicle. A lot of insurance companies rate vehicles determined by how the vehicle is used. Cars not used for work or commuting can get a lower rate than those used for commuting. It’s a smart idea to ensure your vehicle rating shows annual mileage, because it can save money. Having an incorrect usage rating on your Camry Hybrid is throwing money out the window.
• Pay more of a claim out-of-pocket – Physical damage deductibles tell how much you are required to spend if you file a covered claim. Protection for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Some coverage claims are a windshield broken by a bird, fire damage, and damage caused by road hazards. The more of the claim you have to pay, the less money you will pay for insurance coverage on Camry Hybrid insurance.
• Your location is a factor – Being located in smaller towns and rural areas of the country is a good thing when trying to find low car insurance rates. Urban drivers have more auto accidents and a longer drive to work. Less people living in that area corresponds to lower accident rates.
• Remove unneeded extra coverages – Insurance companies have many additional extra coverages that sound like a good idea at the time if you aren’t diligent. Insurance for things like vanishing deductibles, towing, and additional equipment coverage are some examples. You may think they are a good idea when talking to your agent, but your money might be better spent on other coverage so think about removing them and cutting costs.

When in doubt talk to an agent

When buying the right insurance coverage, there really is no “perfect” insurance plan. Every situation is different.

Here are some questions about coverages that may help highlight whether or not you might need an agent’s assistance.

• How can I get high-risk coverage after a DUI?
• How does medical payments coverage work?
• Does my liability insurance cover pulling a trailer or camper?
• Do I get a pro-rated refund if I cancel my policy early?
• What if I don’t agree with a claim settlement offer?
• Can I afford to pay high deductible claims out of pocket?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to an agent. To find lower rates from a local agent, take a second and complete this form.

Educate yourself about insurance coverages

Learning about specific coverages of a insurance policy aids in choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy.

Comprehensive coverage (or Other than Collision)

This pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers things like a tree branch falling on your vehicle, hail damage, vandalism, damage from getting keyed and a broken windshield. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage gives you protection when other motorists either have no liability insurance or not enough. This coverage pays for injuries to you and your family as well as damage to your Toyota Camry Hybrid.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked. Usually the UM/UIM limits are identical to your policy’s liability coverage.

Collision coverage

This pays to fix your vehicle from damage resulting from a collision with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers claims such as damaging your car on a curb, crashing into a ditch, backing into a parked car and rolling your car. This coverage can be expensive, so you might think about dropping it from older vehicles. Another option is to increase the deductible to save money on collision insurance.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance pay for expenses such as prosthetic devices, X-ray expenses, ambulance fees and rehabilitation expenses. They are utilized in addition to your health insurance plan or if you lack health insurance entirely. Coverage applies to both the driver and occupants and will also cover being hit by a car walking across the street. PIP coverage is not universally available but can be used in place of medical payments coverage

Liability coverage

This coverage can cover damage or injury you incur to a person or their property in an accident. This insurance protects YOU from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Another option is a combined limit which provides one coverage limit without having the split limit caps.

Liability insurance covers claims like structural damage, pain and suffering and medical expenses. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase higher limits if possible.

One last thing about your coverage

Consumers switch companies for a number of reasons such as delays in responding to claim requests, an unsatisfactory settlement offer, questionable increases in premium or policy cancellation. Whatever your reason, choosing a new insurance company is not as difficult as it may seem.

When you buy car insurance online, never buy lower coverage limits just to save a few bucks. There are a lot of situations where an accident victim reduced uninsured motorist or liability limits only to regret at claim time they didn’t have enough coverage. Your goal should be to get the best coverage possible at the lowest possible cost, but don’t skip important coverages to save money.

We’ve covered many ways to reduce 2014 Toyota Camry Hybrid insurance rates online. The most important thing to understand is the more quotes you get, the higher your chance of finding low cost car insurance. You may even discover the lowest priced auto insurance comes from the smaller companies.

More information can be read at these links:

• Keeping Children Safe in Crashes Video (iihs.org)
• Who Has Cheap Corpus Christi Car Insurance for a Toyota Camry? (CorpusChristiCoverage.com)
• Side Impact Crash Tests (iihs.org)
• Information for Teen Drivers (Geico)
• What are my Rights when Filing a Claim? (Insurance Information Insitute)