Buying economical coverage for a Toyota Camry is usually pretty straightforward, but it is dependent upon a large number of factors such as annual miles driven, what you do for a living, and your choice of deductibles. Drivers in California pay approximately $1,290 each year for Camry insurance, but that is a projection based upon a 30-year-old married female driver with full physical damage coverage and $250 deductibles.
But there is a high probability that you may not be 30 years old (or even female), single instead of married, or maybe you want different physical damage deductibles. Just a minor difference in rating factors or requested coverage amount may result in a big change in the cost of insurance.
There is no one cookie-cutter policy that works for everyone, so the only real way to find the cheapest coverage for your Toyota is to just take the time to compare rates yourself.
Your vehicle’s trim level will have an impact the cost of coverage, so the cost to insure a Camry LE trim level will be $224 cheaper than the price to insure the more well-appointed Camry Hybrid trim level, as shown in the prices below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Camry LE | $332 | $564 | $450 | $26 | $134 | $1,506 | $126 |
| Camry SE | $332 | $664 | $450 | $26 | $134 | $1,606 | $134 |
| Camry XLE | $332 | $664 | $450 | $26 | $134 | $1,606 | $134 |
| Camry Hybrid | $374 | $664 | $510 | $30 | $152 | $1,730 | $144 |
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Prices above based on married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Premium amounts do not factor in vehicle location which can revise premium rates significantly.
Ratings for San Jose insurance companies
Picking the highest-rated auto insurance provider is hard considering how many choices there are in California. The company rank data in the next section can help you choose which companies to look at comparing rates from. The ratings below are only comprised of companies who write in the majority of U.S. states, so smaller companies that only insure vehicles in California are not factored into this list.
Top 10 Large Auto Insurance Providers in San Jose Ranked by Customer Service
- AAA of Southern California
- GEICO
- State Farm
- The Hartford
- Mercury Insurance
- The General
- Progressive
- Allstate
- AAA Insurance
- American Family
Get discount San Jose auto insurance
Insurance providers that offer quotes for a Toyota Camry may also offer premium discounts that can reduce rates by as much as 40% or more if you qualify for them. A list of companies and their possible discounts are outlined below.
- Farm Bureau offers premium reductions for youthful driver, multi-policy, good student, multi-vehicle, renewal discount, and driver training.
- Liberty Mutual may have discounts that include preferred payment discount, new graduate, teen driver discount, hybrid vehicle, multi-car, and newly married.
- State Farm discounts include good driver, good student, anti-theft, driver’s education, and multiple autos.
- Auto-Owners Insurance may offer discounts for teen driver, paid in full, anti-theft, safe vehicle, company car, good student, and student away at school.
- GEICO includes discounts for anti-theft, driver training, emergency military deployment, five-year accident-free, daytime running lights, multi-vehicle, and federal employee.
- SAFECO policyholders can earn discounts including multi-car, anti-lock brakes, homeowner, teen safe driver, teen safety rewards, accident prevention training, and anti-theft.
The diagram below illustrates the comparison of car insurance costs with and without discounts applied to the policy rates. The rates are based on a female driver, no claims or driving violations, California state minimum liability limits, full coverage, and $250 deductibles.
The first bar for each age group shows the price with no discounts. The second bar shows the rates with defensive driving course, vehicle safety, passive restraint, multiple policy, multiple vehicle, and accident-free discounts applied. When discounts are applied, theaverage yearly reduction on insurance for a Toyota Camry is 28% or $774.
Here’s why price comparisons are so important
San Jose insurance rates are impacted by many factors that will increase or decrease the price you pay. Simply getting older, adding a teenager to your policy, or getting a DUI can trigger price changes resulting in some rates now being much cheaper than others. Not only that, but car insurance companies change prices every year or even multiple times each year to adjust for gains or losses. Significantly higher losses may result in increased policy costs, while profitable underwriting may produce cheaper Camry insurance rates.
To help illustrate this point, the chart below shows the cheapest car insurance in San Jose, CA for a 45-year-old male driver with no violations or accidents, and good credit. When quoting prices based on his current rating profile, USAA may offer the best car insurance rates in San Jose at $1,192 a year. This is $459 less than the average policy premium paid by California drivers of $1,651. Wawanesa, CSAA, Nationwide, and Century National are also included in the cheapest San Jose, CA auto insurance companies.
Let’s now give the driver from the first rate comparison an accident claim, a little lower credit rating, and a couple of points charged on his driving record. Due to the fact that each insurance company uses a different method to determining premium rates, analyzing rate quotes could result in a significantly different list of the cheapest companies as shown below.
Mercury now has the best price in San Jose with Grange, Progressive, Allstate, and GEICO also having competitive pricing. This example shows why San Jose drivers need to compare as many rates as possible to get affordable car insurance quotes for a Toyota Camry. Rates can be altered by many factors and can change without notice, so the best option the last time you shopped your coverage around may now be one of the more expensive options.