Cheap 1993 Toyota Camry Car Insurance Cost

Have you had enough of not being able to afford to insure your Toyota every month? You are in the same boat as many other drivers. Drivers have multiple car insurance companies to insure vehicles with, and although it’s nice to have a selection, too many choices makes it more difficult to compare company pricing.

It’s a good habit to shop coverage around quite often because rates change frequently. Even if you got the best deal on Camry insurance last year you can probably find a lower rate today. Block out anything you think you know about insurance coverage because we’re going to demonstrate the tricks you need to know to eliminate unnecessary coverages and save money.

How to Compare Insurance Coverage Costs

All the larger insurance coverage companies allow you to get price estimates directly from their websites. Getting quotes is pretty painless as you just enter your coverage information into a form. After you submit the form their system will order credit information and your driving record and generates a price determined by many factors. This makes it a lot easier to compare rates but the time it takes to visit different websites and enter the same data into a form can be a bit repetitive. Unfortunately, it is important to have as many quotes as possible in order to get the lowest insurance coverage rates.

There is a better way to compare rates

The preferred way to compare rates utilizes a single form that analyzes rates from several different companies. This type of form saves time, eliminates form submissions, and makes comparison shopping a lot less work. Immediately after you send the form, it is quoted and you are able to buy any of the pricing results. If the quotes result in lower rates, you can simply submit the application and buy the new coverage. It can be completed in a matter of minutes and can result in significant savings.

To save time and compare rates using this form now, simply click here to open in new window and enter your vehicle and coverage information. If you have your current policy handy, we recommend you type in deductibles and limits exactly as shown on your declarations page. This makes sure you will have an apples-to-apples comparison for similar coverage.

Toyota Camry insurance premiums are calculated by many factors

Smart consumers have a good feel for the factors that play a part in calculating your car insurance rates. Having a good understanding of what controls the rates you pay empowers consumers to make smart changes that can help you get much lower annual insurance costs.

  • Pleasure use or commuting – The more you drive in a year’s time the higher your rate. The majority of insurers charge to insure your cars based upon how you use the vehicle. Cars left parked in the garage qualify for better rates compared to those used for work or business. Make sure your car insurance policy is showing the correct driver usage. If your policy improperly rates your Camry can cost quite a bit.
  • Traffic citations inflate rates – Only having one moving violation can increase rates by twenty percent. Good drivers get better rates compared to drivers with tickets. Drivers with flagrant tickets like DWI, reckless driving or hit and run convictions are required to submit a SR-22 or proof of financial responsibility with their state DMV in order to keep their license.
  • Low deductibles can be expensive – The deductibles represent how much money you are willing to pay out-of-pocket in the event of a claim. Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, insures against damage to your car. Some instances where coverage would apply are colliding with a building, damage from fire, and windstorm damage. The more money you are required to pay out-of-pocket, the bigger discount you will receive on Camry insurance.
  • High crash test scores lower rates – Cars with high safety ratings tend to have better insurance rates. Safe vehicles have better occupant injury protection and fewer injuries 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.
  • Liability coverage is peace of mind – Liability insurance is the protection when you are found liable for personal injury or accident damage. It will provide legal defense up to the limits shown on your policy. Liability insurance is quite affordable compared to physical damage coverage, so buy as much as you can afford.

Don’t miss these discounts

Companies offering auto insurance do not list every available discount very well, so the following is a list of some of the more common and the more hidden discounts you could be receiving. If you don’t get every credit possible, you are paying more than you should be.

  • Drive Safe and Save – Safe drivers can get discounts for up to 45% lower rates on Camry insurance than drivers with accident claims.
  • Low Mileage Discounts – Keeping the miles down on your Toyota can earn better rates on cars that stay parked.
  • No Accidents – Claim-free drivers can earn big discounts compared to frequent claim filers.
  • Multi-car Discount – Having more than one vehicle on one policy could earn a price break for each car.
  • Payment Method – By paying your policy upfront instead of making monthly payments you could save 5% or more.
  • Military Rewards – Having a family member in the military could mean lower rates.
  • Own a Home – Simply owning a home can help you save on insurance because owning a home is proof that your finances are in order.
  • Sign Early and Save – Some insurance companies reward drivers for switching policies prior to your current policy expiration. It can save you around 10%.
  • Life Insurance – Some companies give lower rates if you buy life insurance from them.
  • Student in College – Children who attend school more than 100 miles from home and do not have access to a covered vehicle may qualify for this discount.

Keep in mind that most credits do not apply to the entire cost. Most only cut specific coverage prices like comprehensive or collision. Even though it may seem like you could get a free insurance policy, companies don’t profit that way.

Insurance companies that may have these benefits include:

It’s a good idea to ask all companies you are considering what discounts are available to you. Discounts might not apply in your state.

When might I need help?

When choosing adequate coverage for your vehicles, there really is not a cookie cutter policy. Your needs are not the same as everyone else’s so your insurance should reflect that These are some specific questions can help discover whether your personal situation would benefit from an agent’s advice.

  • Is motorclub coverage worth it?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Is my teen driver covered when they drive my company car?
  • How do I buy GAP insurance?
  • How can I force my company to pay a claim?
  • Does car insurance cover theft of personal property?
  • Should I have combined single limit or split liability limits?
  • What is the rate difference between pleasure use and commuting?

If it’s difficult to answer those questions but a few of them apply then you might want to talk 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 coverage companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

Coverages available on your policy

Learning about specific coverages of a car insurance policy can be of help when determining appropriate coverage at the best deductibles and correct limits. Car insurance terms can be difficult to understand and even agents have difficulty translating policy wording. Below you’ll find the usual coverages offered by car insurance companies.

Uninsured or underinsured coverage

This provides protection when the “other guys” do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as damage to your Toyota Camry.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family.

Comprehensive protection

This coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like damage from getting keyed, damage from flooding and a tree branch falling on your vehicle. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision protection

Collision insurance will pay to fix damage to your Camry resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like colliding with a tree, damaging your car on a curb, colliding with another moving vehicle and backing into a parked car. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Drivers also have the option to choose a higher deductible to bring the cost down.


Liability insurance protects you from damages or injuries you inflict on a person or their property in an accident. It protects YOU against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 25/50/25 that means you have a $25,000 limit per person for injuries, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability insurance covers things such as emergency aid, attorney fees and bail bonds. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase higher limits if possible.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for doctor visits, funeral costs, ambulance fees, rehabilitation expenses and prosthetic devices. They are 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 will also cover being hit by a car walking across the street. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

The best insurance company isn’t always the cheapest

We covered a lot of ways to get a better price on 1993 Toyota Camry insurance. The key concept to understand is the more quotes you get, the better chance you’ll have of finding lower rates. You may be surprised to find that the best price on insurance is with the least-expected company. These companies may only write in your state and offer lower rates than their larger competitors like Allstate and Progressive.

Cost effective insurance can be bought from both online companies in addition to many insurance agents, and you should compare price quotes from both to get a complete price analysis. Some insurance providers do not provide online quoting and these small, regional companies work with independent agents.

As you prepare to switch companies, do not buy poor coverage just to save money. There have been many cases where an insured cut liability limits or collision coverage only to discover later that it was a big error on their part. Your strategy should be to get the best coverage possible at an affordable rate.

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