Have you finally had enough of robbing Peter to pay Paul to pay high insurance rates every month? You’re in the same situation as most other drivers in California.
Unbelievably, over 70% of consumers have stayed with the same insurance company for four years or more, and almost 40% of drivers have never compared quotes from other companies. Consumers in the U.S. can save hundreds of dollars each year, but they just don’t want to shop around.
How to save on Toyota Camry Hybrid insurance in San Jose
The preferred way to get cheaper auto insurance rates is to start comparing rates regularly from insurance carriers who sell auto insurance in San Jose. You can compare rates by following these guidelines.
- Step 1: Get a basic knowledge of how insurance works and the steps you can take to keep rates in check. Many risk factors that cause rate increases such as at-fault accidents, careless driving, and a bad credit score can be remedied by being financially responsible and driving safely. Keep reading for ideas to get lower rates and get additional discounts.
- Step 2: Get rate quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only provide price estimates from a single company like GEICO and Allstate, while independent agents can provide price quotes from multiple companies.
- Step 3: Compare the new quotes to your current policy premium and determine if cheaper Camry Hybrid coverage is available. If you can save money and switch companies, ensure coverage does not lapse between policies.
One bit of advice is to try to use identical coverages on every price quote and and to get price quotes from all possible companies. This guarantees a fair price comparison and the best price selection.
Insurance companies such as State Farm, Allstate, GEICO and Progressive persitently shower you with ad campaigns and consumers find it hard to ignore the flashy ads and do the work needed to find the best deal.
These discounts can slash Toyota Camry Hybrid insurance rates
Some providers don’t always publicize all their discounts very clearly, so the following is a list of both well-publicized as well as the least known credits available to you. If you are not receiving all the discounts you qualify for, you are paying more than you should be.
- Military Deployment Discount – Being deployed with a military unit could mean lower car insurance rates.
- Safety Course Discount – Taking time to complete a course teaching defensive driving skills may get you a small discount and easily recoup the cost of the course.
- Discount for Low Mileage – Keeping the miles down on your Toyota could be rewarded with cheaper prices.
- Discounts for Multiple Vehicles – Having multiple cars on one policy can get a discount for every vehicle.
- Resident Student – Kids who are enrolled in a college that is more than 100 miles from San Jose and leave their car at home may be insured at a cheaper rate.
Discounts lower rates, but some of the credits will not apply to all coverage premiums. Most only reduce the cost of specific coverages such as comp or med pay. So despite the fact that it appears all the discounts add up to a free policy, nobody gets a free ride.
The chart below compares Toyota Camry Hybrid insurance rates with and without discounts applied. The price estimates are based on a male driver, a clean driving record, no at-fault accidents, California state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, multi-policy, safe-driver, homeowner, marriage, and claim-free discounts applied.
To view companies who offer cheap Toyota Camry Hybrid insurance quotes in San Jose in San Jose, click here to view.
The easiest way to compare rate quotes for Toyota Camry Hybrid insurance in San Jose is to know the trick auto insurance companies pay for the opportunity to quote your coverage. The only thing you need to do is spend a couple of minutes providing details such as if you lease or own, your education level, whether you drive to work or school, and if you are currently licensed. Your insurance information is instantly submitted to multiple top-rated companies and they return quotes instantly to find the best rate.
To compare cheaper Toyota Camry Hybrid insurance rates now, click here and complete the form.
The companies shown below are ready to provide price quotes in San Jose, CA. If the list has multiple companies, we suggest you visit two to three different companies to get the lowest price.
Rates and other information
The coverage information shown next covers a range of insurance coverage prices for Toyota Camry Hybrid models. Being more informed about how insurance prices are formulated can be valuable when making smart choices when choosing a car insurance company.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Camry Hybrid | $238 | $426 | $500 | $30 | $150 | $1,344 | $112 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Price information does not factor in specific garaging location which can impact insurance rates noticeably.
Comparison of policy deductibles
One of the hardest decisions when shopping for car insurance is where to set your physical damage deductibles. The following tables illustrate how much more rates are of buying low and high insurance deductibles. The first pricing table uses a $250 deductible and the second set of prices uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Camry Hybrid | $386 | $678 | $500 | $30 | $150 | $1,769 | $147 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Camry Hybrid | $314 | $546 | $500 | $30 | $150 | $1,540 | $128 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Premium costs do not factor in specific garaging location which can alter coverage rates noticeably.
Using the premium rates above, we can conclude that using a $250 deductible will cost you roughly $19 more each month or $228 every year than choosing the higher $500 deductible. Since the policyholder would be required to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you tend to average at a minimum 13 months between claims, you would probably be better off if you choose the higher deductible. The illustration below shows an example of how this calculation is made.
| Average monthly premium for $250 deductibles: | $147 |
| Average monthly premium for $500 deductibles (subtract): | – $128 |
| Monthly savings from raising deductible: | $19 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $19 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 13 months |
An important sidenote is that higher deductibles results in having to pay to pay more out-of-pocket when you file a claim. That will force you to have some money saved in the event you have to pay more to get your vehicle repaired.
Local insurance agents
Some consumers still prefer to talk to a local agent and that is just fine! The best thing about comparing car insurance online is you may find the lowest rates and also buy local.
To find an agent, once you fill out this form (opens in new window), your coverage information is transmitted to insurance agents in San Jose who will gladly provide quotes for your car insurance coverage. There is no reason to visit any agencies since price quotes are sent immediately to your email address. You can find better rates without requiring a lot of work. In the event you want to quote rates from one company in particular, you would need to visit that company’s website and complete a quote there.
Finding the right company requires you to look at more than just a low price. Below are some questions you should ask.
- Is the agency involved in supporting local community causes?
- Are they in the agency full-time?
- When do they do a full risk review?
- How would your car be valued if totaled?
- How much training do they have in personal risk management?
Cheap coverage is out there
We just covered a lot of tips how to save on Toyota Camry Hybrid insurance in San Jose. The key thing to remember is the more rate comparisons you have, the better likelihood of getting affordable Toyota Camry Hybrid insurance quotes. Consumers could even find that the most savings is with the smaller companies. Smaller companies may cover specific market segments cheaper as compared to the big name companies such as GEICO and State Farm.
When buying insurance coverage, don’t be tempted to buy lower coverage limits just to save a few bucks. There are many occasions where someone dropped collision coverage and found out when filing a claim that it was a big mistake. The ultimate goal is to buy enough coverage at the best price while not skimping on critical coverages.
How to buy lower priced Toyota Camry Hybrid insurance in San Jose
If you want to save the most money, the best way to get low-cost Toyota Camry Hybrid insurance is to make a habit of regularly comparing prices from insurance carriers that sell auto insurance in San Jose. This can be done by completing these steps.
- Get an understanding of how car insurance works and the things you can change to keep rates down. Many rating criteria that drive up the price like multiple speeding tickets and a not-so-good credit score can be improved by making small lifestyle or driving habit changes.
- Compare rates from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only provide price estimates from one company like Progressive or Allstate, while independent agencies can quote rates from many different companies.
- Compare the price quotes to your existing coverage and determine if cheaper Camry Hybrid coverage is available. If you find better rates and buy the policy, make sure there is no coverage gap between policies.
A key point to remember is to make sure you enter the same liability limits and deductibles on each price quote and and to get rate quotes from as many car insurance companies as possible. This enables a fair price comparison and and a good selection of different prices.
More detailed car insurance information can be found by following these links:
- Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
- What Insurance is Cheapest for Unemployed Drivers in San Jose? (FAQ)
- What Car Insurance is Cheapest for a Chevrolet Equinox in San Jose? (FAQ)
- How Much is San Jose Auto Insurance for First-time Drivers? (FAQ)
- Who Has Affordable Auto Insurance Rates for a Chevrolet Silverado in San Jose? (FAQ)
- Things to Know Before you Cancel Insurance (Allstate)
- Senior Drivers (Insurance Information Institute)
- Safety Tips for Teen Drivers (Insurance Information Institute)