Insurance for Toyota CamryHow many times have you told yourself it's time to shop around for the cheapest Toyota Camry insurance in New York City? No one in their right mind likes paying for auto insurance, in particular when it costs too dang much.

Astonishing but true according to a recent study, the vast majority of drivers kept their coverage with the same auto insurance company for more than four years, and approximately 40% of consumers have never even compared quotes to find affordable rates. New York insurance shoppers can cut their rates by $840 a year just by comparing rates, but they don't want to spend time to compare rates online.

Companies like GEICO, 21st Century and Progressive continually bombard you with ad campaigns and it is difficult to avoid their marketing magic and take the time to shop coverage around.

You should take the time to compare premium rates every six months due to the fact that insurance prices change quite often. Even if you think you had the best rates on Toyota Camry insurance in New York City on your last policy you can probably find a better premium rate now. You'll find a ton of advice on Camry insurance out there, but we're going to give you some solid techniques on how to slash your auto insurance rates in New York City.

Quote Toyota Camry Insurance at a Discount

Part of the auto insurance buying process is learning some of the factors that help calculate your auto insurance rates. If you have a feel for what impacts premium levels, this helps enable you to make changes that will entitle you to lower premium levels.

The list below includes a few of the things used by your company to calculate your rate level.

Little extras can really add up - There are many extra bells and whistles that sound like a good idea at the time when buying auto insurance. Coverage for things like roadside assistance, better glass coverage, and Farm Bureau memberships may be wasting your money. These may sound like a good investment when you first buy your policy, but if you've never needed them in the past get rid of them and save.

Do females or males drive better? - Over time, data shows women are more cautious behind the wheel. However, don't assume that women are BETTER drivers than men. Both genders are in auto accidents at a similar rate, but the men tend to have more serious accidents. In addition to higher claims, males also get more serious tickets like DUI and reckless driving.

Stress out and pay more - Careers like doctors, police officers, and dentists tend to have higher premiums than the average policyholder due to job stress and lots of time spent away from family. On the flip side, careers such as farmers, athletes and performers pay lower than average rates.

High performance equals high prices - The performance level of the car you need insurance for makes a huge difference in your rates. Since the Toyota Camry is considered a sedan, insuring your vehicle will cost about the same as compared to the average rate in New York City. Lower performance four cylinder passenger cars normally have pretty low rates, but that's not the only thing that factors into the final price.

Physical damage deductibles are a factor - Physical damage deductibles represent how much money you are required to pay in the event of a claim. Physical damage coverage, also called 'full coverage', insures against damage to your car. A few examples of covered claims are rearending another vehicle, damage caused by hail, and damage from wind. The more expense the insured has to pay upfront, the less money you will pay for auto insurance.

Toyota Camry statistical loss data - Companies use past loss statistics for each vehicle to help calculate premium prices. Vehicles that tend to have a higher amount or frequency of claims will have higher rates. The next table illustrates the insurance loss data used by companies for Toyota Camry vehicles.

For each type of coverage, the loss probablilty for all vehicles averaged together is represented as 100. Values that are under 100 imply a favorable loss record, while values that are above 100 point to more losses or a tendancy for claims to be larger.

Toyota Camry Insurance Loss Statistics

Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Toyota Camry 110 94 102 148 145 107
Toyota Camry Hybrid 124 100 110 118 127 96
BETTER
AVERAGE
WORSE

Statistics from IIHS.org for 2013-2015 Model Years

There are several ways to compare rate quotes from many car insurance companies in New York. By far the easiest way to do a complete rate comparison is to jump online and get quotes.

It's so easy to compare price quotes online that it makes it obsolete to make phone calls or go to all the different insurance agencies. Shopping for car insurance online eliminates the need for an insurance agent unless your situation requires the trained guidance that you can only get from talking to an agent. Some companies do allow you to price shop your coverage online but have your policy serviced through an agent. When quoting car insurance, remember that getting more free quotes helps improve the odds of finding the best rates. Some insurance companies are not set up to provide price estimates online, so it's recommended that you also compare rates from those companies as well.

The companies in the list below have been selected to offer price quotes in New York. If you want the best car insurance in New York, we suggest you compare several of them to get a more complete price comparison.

Toyota Camry Insurance Rates in New York City, NY
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Camry LE $184 $342 $358 $22 $106 $1,012 $84
Camry SE $220 $476 $270 $16 $80 $1,062 $89
Camry XLE $252 $596 $358 $22 $106 $1,334 $111
Camry Hybrid $162 $320 $338 $20 $102 $942 $79
Get Your Own Custom Quote Go

Data variables include single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and New York minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, homeowner, and safe-driver. Price estimates do not factor in specific location information which can impact rates considerably.

Policy deductibles

A question often asked by New York City drivers is where should you set your physical damage deductibles. The tables below may aid in understanding the rate fluctuation when you select higher and lower deductibles. The first data set uses a $250 deductible for comprehensive and collision coverage and the second rate chart uses a $1,000 deductible.

Toyota Camry insurance prices with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Camry LE $204 $344 $264 $16 $80 $933 $78
Camry SE $204 $406 $264 $16 $80 $995 $83
Camry XLE $204 $406 $264 $16 $80 $995 $83
Camry Hybrid $230 $406 $300 $18 $90 $1,069 $89
Get Your Own Custom Quote Go
Toyota Camry insurance prices with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Camry LE $126 $216 $264 $16 $80 $702 $59
Camry SE $126 $256 $264 $16 $80 $742 $62
Camry XLE $126 $256 $264 $16 $80 $742 $62
Camry Hybrid $142 $256 $300 $18 $90 $806 $67
Get Your Own Custom Quote Go

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and New York minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, multi-vehicle, and claim-free. Table data does not factor in the specific area where the vehicle is garaged which can decrease or increase insurance rates significantly.

Using the premium rates above, we can conclude that using a $250 deductible costs an average of $20 more each month or $240 for a full year than choosing the higher $1,000 deductible. Since you would have to pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you average more than 38 months between claim filings, you would come out ahead if you elect the higher deductible.

Save $491 a year! What?

Auto insurance providers like State Farm, Allstate and GEICO regularly use television and radio advertisements. They all make an identical promise that you can save if you switch your coverage to them. It sounds good, but how can they all have lower policy pricing? Just pay attention to how they say it.

Most companies can use profiling for the right customer that will not have excessive claims. One example of this type of insured might be a married male, has few claims, and drives a vehicle with a low ISO rating. A driver who matches those parameters will get low rates as well as save if they switch.

Potential customers who fall short of these criteria may be forced to pay higher premiums and ends up with the driver buying from a lower-cost company. The ads state "drivers that switch" not "everyone that quotes" can save as much as they claim. This is how companies can truthfully make those statements.

Different companies use different criteria so drivers should do a rate comparison at every renewal. Because without a comparison, you cannot know which insurance companies will be your best fit.

Why you need quality insurance for your Toyota Camry

Even though New York City Camry insurance rates can get expensive, maintaining insurance is required for several reasons.

The benefits of carrying enough insurance are without a doubt worth the cost, especially if you ever need it. Despite what companies tell you, the average driver is wasting up to $869 every year so it's important to compare rates at every policy renewal to ensure rates are competitive.

Get cheaper Toyota Camry insurance rates in New York City

Car insurance companies do not advertise every discount they offer very well, so the list below gives a summary of a few of the more common as well as some of the hidden discounts you could be receiving when you buy New York City car insurance online.Car insurance discounts

As is typical with insurance, many deductions do not apply to the overall cost of the policy. A few only apply to specific coverage prices like physical damage coverage or medical payments. Despite the fact that it seems like you can get free auto insurance, it doesn't quite work that way.

Companies and a selection of discounts are shown below.

Before purchasing a policy, check with every prospective company how many discounts you can get. Depending on the company, some discounts might not apply in your state. If you would like to see a list of insurance companies that have a full spectrum of discounts in New York, click here.

Compare rate quotes but work with a neighborhood New York City auto insurance agent

Many drivers prefer to visit with an insurance agent and there is nothing wrong with that. A good thing about getting free rate quotes online is that drivers can save money and get better rates and still have an agent to talk to. Buying from local agencies is important especially in New York City.

Insurance agency in New York CityBy using this quick form, your coverage information is transmitted to agents in your area who want to provide quotes for your insurance coverage. You won't even need to drive around because quoted prices will be sent instantly to you. You'll get the best rates and an insurance agent to talk to. If you have a need to get a comparison quote from a particular provider, just navigate to their website to submit a rate quote request.

Listed below is a list of car insurance companies in New York City that are able to give price quotes for Toyota Camry insurance in New York City.


31 Pell St - New York, NY 10013 - (212) 962-2232 - View Map


17 W 45th St Fl 2 - New York, NY 10036 - (212) 687-8787 - View Map


112 W 34th St - New York, NY 10120 - (718) 775-3904 - View Map


46 Tiemann Pl Near, Broadway - New York, NY 10027 - (212) 877-2500 - View Map

More New York City agents

Finding the right insurance company should include more criteria than just the price. Ask your prospective agent these questions:

You can lower your car insurance rates

The cheapest Toyota Camry insurance in New York City can be bought from both online companies in addition to many New York City insurance agents, so get free New York City car insurance quotes from both of them to have the best chance of lowering rates. Some insurance providers do not provide online quoting and usually these smaller companies provide coverage only through local independent agencies.

In this article, we covered quite a bit of information on how to save on Toyota Camry insurance in New York City. The key concept to understand is the more rate comparisons you have, the better chance you'll have of finding cheaper New York City car insurance quotes. Consumers could even find that the best price on car insurance is with the smaller companies. These smaller insurers may only write in your state and offer lower premium rates compared to the large companies like State Farm or Progressive.

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