Lower Your 2012 Toyota Camry Insurance Quotes

Trying to find better insurance rates for your Toyota Camry? Purchasing low-cost insurance on the web is problematic for consumers new to comparison shopping online. With a ridiculous number of choices, how can you possibly compare them all to find the lowest price available?

The purpose of this article is to teach you how to get online quotes and some money-saving tips. If you are paying for car insurance now, you stand a good chance to be able to lower your premiums substantially using these methods. Nevertheless, consumers can benefit by having an understanding of the way insurance companies market insurance on the web.

Pay less by taking advantage of discounts

Car insurance is not cheap, but there could be available discounts that you may not even be aware of. Certain discounts will be applied when you get a quote, but less common discounts must be inquired about prior to getting the savings.

  • 55 and Retired – Older drivers can possibly qualify for better insurance rates on Camry insurance.
  • Life Insurance – Select insurance companies reward you with a discount if you purchase life insurance.
  • Bundle and Save – If you insure your home and vehicles with one company you could get a discount of approximately 10% to 15%.
  • Drive Safe and Save – Safe drivers may receive a discount up to 45% less on Camry insurance than drivers with accident claims.
  • Fewer Miles Equal More Savings – Keeping the miles down on your Toyota can qualify you for discounted rates on garaged vehicles.
  • No Charge for an Accident – A few companies will forgive one accident before your rates go up so long as you haven’t had any claims for a certain period of time.

As a disclaimer on discounts, some of the credits will not apply to the overall cost of the policy. Some only reduce the cost of specific coverages such as collision or personal injury protection. So despite the fact that it appears adding up those discounts means a free policy, it just doesn’t work that way. But all discounts will bring down your premiums.

Car insurance companies that may have these benefits include:

Before buying, ask each company which discounts they offer. Savings may not apply in your state.

Why your Toyota Camry insurance rates may be high

Smart consumers have a good feel for the different types of things that help determine the price you pay for insurance. Having a good understanding of what controls the rates you pay empowers consumers to make smart changes that could result in lower insurance prices.

The following are a partial list of the pieces used by your company to calculate premiums.

  • Protect your assets with liability insurance – Liability insurance is the protection if you are found liable for causing damage or personal injury in an accident. It will provide you with a defense in court which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so drivers should carry high limits.
  • Higher safety ratings means cheaper insurance – Cars with high safety ratings can get you lower premiums. Safer cars have better occupant injury protection and lower injury rates means lower claim amounts and more competitive rates for policyholders. If your Toyota Camry scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website you may qualify for a discount.
  • Add-on coverages can add up – There are many additional coverages that you can buy when buying insurance. Coverages like rental car reimbursement, towing coverage and term life insurance may be costing you every month. They may seem good when talking to your agent, but if they’re wasting money get rid of them and save.
  • Big city or small town – Choosing to live in a small town can save you money when buying insurance. Fewer people means a lower chance of having an accident and a lower car theft rate. Drivers in populated areas tend to have traffic congestion and a longer drive to work. Longer commute distances can result in more accidents.
  • Proper usage rating affects rates – The higher the mileage driven each year the higher your rates will be. Most insurance companies rate vehicles based on their usage. Autos used primarily for pleasure use get more affordable rates than those used for commuting. Having the wrong rating on your Camry can result in significantly higher rates. Double check that your insurance declarations sheet is rated on the correct usage for each vehicle.
  • No coverage gaps is important – Having an insurance coverage lapse is a quick way to pay more for insurance. Not only will you pay more, failure to provide proof of insurance can result in a revoked license or a big fine.You may have to file a SR-22 with your state motor vehicle department to get your license reinstated.
  • Careful drivers pay lower rates – Even one moving violation may increase your cost twenty percent or more. Drivers with clean records get better rates compared to drivers with tickets. If you have flagrant violations like hit and run, DWI or reckless driving convictions may find they need to submit a SR-22 form with their state DMV in order to keep their license.

Your coverage should be tailored to you

When buying the right insurance coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Coverage needs to be tailored to your specific needs.

For example, these questions may help highlight if you would benefit from professional advice.

  • When should I not file a claim?
  • If my 2012 Toyota Camry is totaled, can I afford another vehicle?
  • What exactly is covered by my policy?
  • Should I get collision insurance on every vehicle?
  • Are my friends covered when driving my 2012 Toyota Camry?
  • Am I covered when driving in Canada or Mexico?
  • How do I file an SR-22 for a DUI in my state?

If you can’t answer these questions but a few of them apply, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, complete this form.

Car insurance coverage considerations

Having a good grasp of car insurance can be of help when determining appropriate coverage at the best deductibles and correct limits. Car insurance terms can be confusing and even agents have difficulty translating policy wording.

Collision – This will pay to fix damage to your Camry caused by collision with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as rolling your car, driving through your garage door, backing into a parked car and colliding with a tree. This coverage can be expensive, so you might think about dropping it from older vehicles. Another option is to increase the deductible to get cheaper collision coverage.

Protection from uninsured/underinsured drivers – This provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Frequently these limits are identical to your policy’s liability coverage.

Coverage for liability – This coverage can cover injuries or damage you cause to other’s property or people by causing an accident. This insurance protects YOU against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 25/50/25 that means you have a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery. Another option is a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as legal defense fees, repair bills for other people’s vehicles, bail bonds, attorney fees and court costs. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive (Other than Collision) – Comprehensive insurance 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 coverage protects against claims such as damage from a tornado or hurricane, damage from flooding and a broken windshield. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Medical expense insurance – Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses such as prosthetic devices, doctor visits, nursing services and X-ray expenses. The coverages can be used to fill the gap from your health insurance program or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

More quotes mean more savings

You just learned a lot of tips how to compare 2012 Toyota Camry insurance prices online. The key concept to understand is the more times you quote, the better likelihood of reducing your rate. You may be surprised to find that the best prices are with the least-expected company.

As you go through the steps to switch your coverage, make sure you don’t skimp on critical coverages to save a buck or two. Too many times, consumers will sacrifice liability coverage limits and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. Your goal should be to buy a smart amount of coverage for the lowest price while still protecting your assets.

Consumers change insurance companies for any number of reasons including high rates after DUI convictions, high prices, policy non-renewal and even poor customer service. No matter why you want to switch, finding the right car insurance provider is actually quite simple.

Additional detailed information can be found at these sites: