How to Save on Toyota Camry Insurance in Houston

Toyota Camry insurance
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Do you want to save money by finding low-cost Toyota Camry insurance in Houston? Feeling guilty for buying an overpriced auto insurance policy? Trust us when we tell you many Houston consumers are in the same pinch.

Insurance for Toyota CamryInconceivable but true, nearly 70% of customers kept buying from the same company for at least four years, and nearly the majority have never compared rates from other carriers. Houston drivers could save nearly 70% each year, but they just don't want to shop their coverage around.

Many insurers vie for your business, so it's not easy to compare every company and get the best coverage at the best rate on Toyota Camry insurance in Houston.

Houston insurance discounts

Car insurance companies do not list every discount very well, so the below list has both the well known and also the lesser-known discounts that you may qualify for.

Policy discounts save money, but some of the credits will not apply to the whole policy. A few only apply to the cost of specific coverages such as comp or med pay. So even though they make it sound like having all the discounts means you get insurance for free, you're out of luck. Any qualifying discounts will cut the amount you pay for coverage.

Companies and a partial list of their discounts are outlined below.

If you are trying to find inexpensive Houston car insurance quotes, ask each company to apply every possible discount. Depending on the company, some discounts might not be available to policyholders in Houston. To choose insurance companies with the best Toyota Camry insurance discounts in Texas, click this link.

The quickest way to compare policy rates for Toyota Camry insurance in Houston utilizes the fact car insurance companies have advanced systems to quote your coverage. To start a quote, the only thing you need to do is provide a little information such as if you have a valid license, any included safety features, how old drivers are, and whether the vehicles are used for commuting. The data is instantly sent to multiple companies and they return cost estimate immediately.

To get price quotes for your car now, click here and enter your coverage details.

The providers in the list below have been selected to offer quotes in Texas. If multiple companies are shown, it's a good idea that you visit two to three different companies to find the most competitive car insurance rates.

Toyota Camry Insurance Price Estimates in Houston, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Camry LE $206 $392 $400 $24 $120 $1,142 $95
Camry SE $156 $360 $400 $24 $120 $1,060 $88
Camry XLE $288 $672 $462 $28 $138 $1,588 $132
Camry Hybrid $198 $416 $560 $34 $168 $1,376 $115
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Cost estimates assume single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, multi-policy, and safe-driver. Rate information does not factor in specific location information which can impact rates considerably.

Careless driving habits raise auto insurance rates

The chart below demonstrates how speeding tickets and at-fault collisions can impact Toyota Camry annual premium 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.

An analysis of deductible level

One of the hardest decisions when shopping for auto insurance is how high or low should comp and collision deductibles be. The data tables below show the price difference of buying low and high physical damage deductibles. The first rate estimation uses a $250 deductible for comp and collision and the second data table uses a $500 deductible.

Toyota Camry insurance premium rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Camry LE $294 $496 $382 $22 $114 $1,333 $111
Camry SE $294 $584 $382 $22 $114 $1,421 $118
Camry XLE $294 $584 $382 $22 $114 $1,421 $118
Camry Hybrid $332 $584 $430 $26 $128 $1,525 $127
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Toyota Camry insurance premium rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Camry LE $240 $400 $382 $22 $114 $1,158 $97
Camry SE $240 $472 $382 $22 $114 $1,230 $103
Camry XLE $240 $472 $382 $22 $114 $1,230 $103
Camry Hybrid $270 $472 $430 $26 $128 $1,326 $111
Get Your Own Custom Quote Go

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Premium costs do not factor in vehicle location which can revise prices substantially.

Based on the above data, using a $250 deductible would cost the average driver about $15 more each month or $180 for a full year than buying the higher $500 deductible. Because you would be required to pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you tend to go more than 17 months between claims, you would probably come out ahead if you elect the higher deductible.

Does full coverage make sense?

The chart below shows the difference between Toyota Camry insurance rates with and without physical damage coverage. The premium estimates are based on no tickets, no at-fault accidents, $1,000 deductibles, single female driver, and no additional discounts are factored in.

When to switch to liability coverage only

There is no exact formula to drop physical damage coverage, but there is a broad guideline. If the annual cost of having full coverage is more than about 10% of the vehicle's replacement cost less your deductible, then it might be time to consider dropping full coverage.

For example, let's pretend your Toyota Camry claim settlement value is $5,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company would pay you is $4,000 after paying your deductible. If you are currently paying more than $400 annually for your policy with full coverage, then it could be time to drop full coverage.

There are a few situations where eliminating full coverage is not in your best interest. If you still have a loan on your vehicle, you must maintain physical damage coverage in order to keep the loan. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage in place.

How do Insurers Determine Toyota Camry Insurance Prices?

Smart consumers have a good feel for the factors that help determine the level of your policy premiums. When you understand what positively or negatively impacts your premiums, this enables you to make decisions that could help you find lower rates. Multiple criteria are used in the calculation when pricing auto insurance. Some are obvious such as traffic violations, but others are more transparent such as your credit history or your financial responsibility.

Compare rates but still have a neighborhood Houston auto insurance agent

Certain consumers just want to sit down with an agent and that is a smart decision The biggest benefit of getting free rate quotes online is that drivers can save money and get lower rates but still work with a licensed agent. And buying from local insurance agents is especially important in Houston.

Insurance agency in HoustonTo make it easy to find an agent, after completing this quick form, your coverage information is instantly submitted to companies in Houston who will gladly provide quotes for your insurance coverage. It simplifies rate comparisons since you won't have to search for any insurance agencies because quoted prices will be sent to you. You can find the lowest rates and a licensed agent to talk to. If you wish to get a comparison quote from a specific company, feel free to visit that company's website and complete a quote there.

When searching for a local Houston insurance agency, it's helpful to know the types of insurance agents and how they differ in how they can insure your vehicles. Houston agents are either independent or exclusive depending on the company they work for.

Independent Auto Insurance Agents (or Brokers)

Agents of this type do not sell for just one brand so they can write business with any number of different companies and get the cheapest rates. If they find a cheaper price, an independent agent can move your coverage without you having to go to a different agency. When shopping rates, we highly recommend that you get quotes from at least one independent agent to have the best price comparison.

The following is a small list of independent agents in Houston that can give you cheap rate quotes.

1020 Bay Area Blvd # 100 - Houston, TX 77058 - (281) 488-2733 - View Map

1235 N Loop W Fwy #1100 - Houston, TX 77008 - (979) 238-8283 - View Map

3824 Broadway St - Houston, TX 77017 - (713) 645-1500 - View Map

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Exclusive Insurance Agents

Exclusive agents can only write with one company and some examples include State Farm, AAA, Farmers Insurance or Allstate. They generally cannot compare other company's rates so if the price isn't competitive there isn't much they can do. Exclusive agencies receive extensive training on the products they sell which helps them compete with independent agents.

Shown below are exclusive agencies in Houston that are able to give comparison quotes.

10103 Fondren Rd #150 - Houston, TX 77096 - (832) 431-4222 - View Map

1510 Eldridge Pkwy #108 - Houston, TX 77077 - (281) 759-4300 - View Map

14901 TX-249 #105 - Houston, TX 77086 - (713) 464-2077 - View Map

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Finding the right car insurance agent shouldn't rely on just a cheap price quote. The following questions are important to ask.

After receiving positive feedback for all questions you ask as well as a affordable price, you may have found an auto insurance agent that is professional and can service your policy.

Insurance does more than just protect your car

Despite the fact that insurance is not cheap in Houston, maintaining insurance is required by state law in Texas and it also provides benefits you may not be aware of.

The benefits of having insurance greatly outweigh the cost, especially when you need to use it. Despite what companies tell you, the average driver overpays as much as $865 each year so we recommend shopping around at every renewal to save money.

Auto insurance savings summarized

While you're price shopping online, it's a bad idea to skimp on coverage in order to save money. In too many instances, drivers have reduced collision coverage only to regret at claim time that it was a big error on their part. Your goal is to buy a smart amount of coverage for the lowest cost.

We've covered a lot of tips how to compare Toyota Camry insurance car insurance rates in Houston. The most important thing to understand is the more providers you compare, the more likely it is that you will get a better rate. You may even discover the best car insurance rates are with an unexpected company. Some small companies often have lower premium rates on specific markets as compared to the big name companies such as Progressive or GEICO.

Affordable Toyota Camry insurance in Houston is definitely available from both online companies and from local insurance agents, and you should be comparing both in order to have the best chance of saving money. Some auto insurance companies may not have price quotes online and usually these small insurance companies sell through independent insurance agencies.

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