Buying affordable car insurance for a Toyota Camry relies on a complicated rating formula that uses factors such as annual miles driven, if you have prior claims, and if you have a history of accidents. Arizona drivers will pay around $807 per year to insure their Camry, but that price is an approximation calculated using a 50-year-old single male driver with full comprehensive and collision coverage and $500 deductibles.
There’s a good chance you’re not a 50-year-old male, you might be married instead of single, or maybe you want more liability coverage than is required by law in Arizona. Even a minor change in rating criteria can result in a big discrepancy in the policy cost.
There is no one cookie-cutter policy that works for everyone, so the way we recommend to find the cheapest rates for your Toyota is to do a thorough rate comparison.
Cheapest Toyota Camry Insurance Rates
The trim level of your Camry will likely have an effect on price, so the rate you will pay to insure a Camry LE model will be $136 lower than the cost to insure the higher-priced Camry Hybrid version, as shown by the rates below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Camry LE | $162 | $324 | $338 | $20 | $102 | $946 | $79 |
| Camry SE | $162 | $382 | $338 | $20 | $102 | $1,004 | $84 |
| Camry XLE | $162 | $382 | $338 | $20 | $102 | $1,004 | $84 |
| Camry Hybrid | $182 | $382 | $382 | $22 | $114 | $1,082 | $90 |
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Above prices assume single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, multi-policy, and safe-driver. Prices do not factor in vehicle location which can raise or lower premiums greatly.
Deciding which companies offer the cheapest insurance rates for a Toyota Camry takes more time than just quoting one company’s rates. Every car insurance company has a unique formula to determine premium rates, so let’s take a look at the insurance companies with the most affordable rates in Arizona.
It’s important that readers know that Scottsdale, AZ insurance rates are calculated based on many things that will increase or decrease the cost of having a policy. Simply turning a year older, buying higher coverage limits, or getting a reckless driving citation can cause premium changes that can cause some rates to be affordable when they were higher priced.
Find the Cheapest Auto Insurance for Your Camry
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | The Hartford | $820 |
| 2 | Safeco | $905 |
| 3 | Auto-Owners | $924 |
| 4 | Travelers | $1,075 |
| 5 | USAA | $1,080 |
| 6 | GEICO | $1,142 |
| 7 | Progressive | $1,152 |
| 8 | Ameriprise Group | $1,172 |
| 9 | CSAA | $1,189 |
| 10 | Allied | $1,233 |
| 11 | Farm Bureau Mutual | $1,297 |
| 12 | State Farm | $1,323 |
| 13 | Safe Auto | $1,336 |
| 14 | Unitrin | $1,343 |
| 15 | Farmers | $1,378 |
| 16 | Titan | $1,418 |
| 17 | American Family | $1,435 |
| 18 | Amica | $1,473 |
| 19 | MetLife | $1,521 |
| 20 | California Casualty | $1,568 |
| Quote Your Rates Go | ||
The Hartford has some of the best car insurance rates in Scottsdale at around $820 annually. This is $608 less than the average rate paid by Arizona drivers of $1,428. Safeco, Auto-Owners, Travelers, and USAA also are some of the most economical Scottsdale, AZ auto insurance companies.
As illustrated above, if you buy coverage from Auto-Owners and switched to The Hartford, you could see annual savings of approximately $104. Customers with Travelers may save as much as $255 a year, and USAA policyholders might lower prices by up to $260 a year.
These prices are averaged across all types of insureds and vehicles and and are not figured with a specific vehicle garaging location for a Toyota Camry. So the insurer that can offer you the lowest price may not even be in the list above. That is why you need to compare rates from as many companies as possible using your own specific driver information and vehicle.
Discount Scottsdale car insurance rates
Insurance companies that provide policies for a Toyota Camry may additionally offer price discounts that could reduce prices by 30% or more if you qualify for them. A few popular companies and their offered discounts can be read below.
- State Farm may offer discounts for safe vehicle, multiple autos, Steer Clear safe driver discount, anti-theft, and multiple policy.
- American Family discounts include TimeAway discount, good student, mySafetyValet, air bags, early bird, and bundled insurance.
- AAA includes discounts for education and occupation, multi-car, anti-theft, pay-in-full, AAA membership discount, multi-policy, and good student.
- GEICO offers discounts for membership and employees, seat belt use, air bags, military active duty, federal employee, five-year accident-free, and multi-policy.
- Mercury Insurance has discounts for multi-car, low natural disaster claims, type of vehicle, good driver, ease of repair, and good student.
- Farmers Insurance may have discounts that include good student, homeowner, switch companies, multi-car, and bundle discounts.
- Progressive offers premium reductions for homeowner, continuous coverage, multi-policy, online signing, online quote discount, multi-vehicle, and good student.
The chart below visualizes the comparison of car insurance costs with and without discounts applied. The information is based on a male driver, no claims or driving citations, Arizona state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with multiple vehicle, accident-free, homeowner, passive restraint, claim-free, and marriage discounts applied. When drivers qualify for the discounts, theaverage yearly reduction on insurance for a Toyota Camry is 28% or $595.
How careless driving impacts insurance rates
In a perfect world, the best way to obtain the best insurance prices in Arizona for a Camry is to drive cautiously and not get tickets or have accidents. The information below illustrates how violations and at-fault claims drive up car insurance costs for different age groups of insureds. The costs are based on a married male driver, full coverage, $500 deductibles, and no discounts are taken into consideration.
In the example above, the average cost of a car insurance policy in Scottsdale per year with no accidents and a clean driving record is $1,428. Factor in two speeding tickets and the average cost increases to $1,966, an increase of $537 each year. Then include one accident along with the two speeding tickets and the 12-month cost of insurance for a Toyota Camry increases to an average of $2,507. That’s an increase of $1,079, or $90 per month, just for being a little careless behind the wheel!
How to find economical car insurance for a Toyota Camry
It is possible to find better rates, and here are some money-saving suggestions that can help Scottsdale drivers find cheap car insurance.
- Being accident-free can lower rates significantly
- Serious violations like DUI or reckless driving can increase rates dramatically
- Avoid price increases by not filing claims
- Buy a car with high safety ratings
- Buying your home and auto policies from the same company can earn a discount
- Comparison shop at least every other year
The final tip is very valuable, as we discussed in the article above. Car insurance prices change constantly, so drivers shouldn’t hesitate to change insurance companies if a more affordable rate is found. Many consumers stick with the same company and that’s fine, but it’s not a great idea if that faithfulness ends up costing you hundreds of dollars a year. Now is a great time to compare rates to find cheaper car insurance for a Toyota Camry in Scottsdale.