2014 Toyota Camry Hybrid Insurance Cost

Have you fallen victim to an underperforming, overpriced insurance policy? Believe me, many consumers are feeling buyer’s remorse and feel like there’s no way out. Because there are so many different company options, it is very difficult to pick the right company.

Smart consumers take time to price shop coverage quite often because prices change frequently. If you had the best rates for Camry Hybrid insurance a couple years back a different company probably has better rates today. Ignore everything you know about insurance because we’re going to demonstrate the quickest way to find the best coverage while lowering your premiums.

Buying car insurance is not rocket science. If you are insured now or are looking for a new policy, you can follow these tips to reduce the price you pay and possibly find even better coverage. Vehicle owners just need to understand the best way to get comparison rates online.

Cut your premium with discounts

Companies offering auto insurance don’t always list all their discounts very clearly, so we researched some of the more common as well as the least known savings tricks you should be using. If you’re not getting every credit you deserve, you’re just leaving money on the table.

  • Seat Belts Save – Using a seat belt and requiring all passengers to use a seat belt can save up to 15% off the personal injury premium cost.
  • Good Students Pay Less – Getting good grades can be rewarded with saving of up to 25%. The good student discount can last until age 25.
  • Early Switch Discount – A few companies offer discounts for signing up prior to your current policy expiration. It’s a savings of about 10%.
  • Own a Home – Being a homeowner may trigger a auto insurance policy discount because maintaining a house shows financial diligence.
  • Safe Drivers – Insureds without accidents can pay as much as 50% less for Camry Hybrid insurance than their less cautious counterparts.
  • 55 and Retired – If you’re over the age of 55, you can possibly qualify for a small decrease in premiums for Camry Hybrid insurance.
  • Anti-lock Brakes – Vehicles equipped with ABS or steering control prevent accidents and will save you 10% or more.
  • Anti-theft System – Cars that have factory anti-theft systems can help prevent theft and earn discounts up to 10%.

It’s important to note that most of the big mark downs will not be given to the overall cost of the policy. Some only reduce specific coverage prices like comp or med pay. Just because it seems like you could get a free auto insurance policy, companies don’t profit that way.

Insurance companies that may offer these benefits are:

It’s a good idea to ask each company which discounts you may be entitled to. All car insurance discounts may not apply everywhere.

Automobile Insurance Quotes

Effectively comparing insurance prices can take hours if you don’t utilize the best way to get rate quotes. You could spend your day talking to insurance agencies in your area, or you could save time and use online quoting to achieve your goal.

Many insurance companies participate in a marketplace where prospective buyers only type in their quote data once, and every company then gives them pricing for coverage. This saves time by eliminating quote requests for each company you want a rate for.

To fill out one form to compare multiple rates now click here (opens in new window).

The one disadvantage to doing it this way is that you can’t choose the companies to receive prices from. So if you want to select specific insurance companies to compare rates, we have assembled a list of the cheapest insurance companies in your area. Click here for list of insurance companies.

It doesn’t matter which method you choose, just compare exactly the same coverage limits with each company. If you use higher or lower deductibles then you won’t be able to decipher which rate is best.

What is the best insurance coverage?

When it comes to buying coverage, there is no one size fits all plan. Everyone’s situation is a little different so your insurance should reflect that For instance, these questions may help highlight whether you might need professional guidance.

  • I don’t drive much so do I pay less?
  • How can I get high-risk coverage after a DUI?
  • When does my teenage driver need to be added to my policy?
  • Am I covered if my car is in a flood?
  • At what point should I drop full coverage?
  • When can my company non-renew my policy?

If you don’t know the answers to these questions but you know they apply to you, you may need to chat with an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies. It’s fast, free and you can get the answers you need.

Specifics of your insurance policy

Learning about specific coverages of your policy aids in choosing which coverages you need and the correct deductibles and limits. Insurance terms can be difficult to understand and even agents have difficulty translating policy wording. Shown next are the usual coverages found on most insurance policies.

Auto liability

Liability coverage protects you from damage or injury you incur to a person or their property that is your fault. This insurance protects YOU against other people’s claims, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability coverage protects against claims like bail bonds, medical services, court costs and pain and suffering. How much coverage you buy is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive insurance

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like falling objects, damage from a tornado or hurricane, vandalism, damage from getting keyed and rock chips in glass. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage provide coverage for expenses for things like chiropractic care, rehabilitation expenses and funeral costs. They can be used to fill the gap from your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. PIP is not an option in every state and may carry a deductible

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.

Collision insurance

This coverage will pay to fix damage to your Camry Hybrid from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against claims such as colliding with a tree, driving through your garage door, colliding with another moving vehicle and hitting a mailbox. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to save money on collision insurance.

Shop around and save

Cheaper 2014 Toyota Camry Hybrid insurance can be found on the web in addition to many insurance agents, so you should be comparing quotes from both to get a complete price analysis. Some insurance companies do not provide you the ability to get quotes online and many times these small, regional companies only sell through independent insurance agents.

As you restructure your insurance plan, it’s very important that you do not skimp on critical coverages to save a buck or two. In too many instances, someone sacrificed comprehensive coverage or liability limits and learned later that it was a big error on their part. Your goal should be to buy the best coverage you can find at an affordable rate.

To learn more, link through to the following helpful articles: