Best Cheap Insurance Quotes for a Toyota Camry in Georgia

The likelihood of finding the best cheap auto insurance for a Toyota Camry in Georgia hinges on many rating criteria like whether you are married, your occupation, and any past driving violations you may have had. Drivers pay an average of $880 each year to insure their Camry, but that rate is a projection rating a 40-year-old married female that purchased full coverage including both comprehensive and collision and $1,000 policy deductibles.

There is a high probability that you are not a 40-year-old female, you might be single instead of married, and you may just want the cheapest liability coverage you can find. Auto insurance requires individual risk assessment, so the only way to find the cheapest rates for your Toyota is to just compare rates yourself.

Find Cheaper Toyota Camry Insurance

Your vehicle’s trim level will be a contributing factor to the cost of coverage, so the cost to insure a Camry LE model will be $148 less than the insurance cost for the fancier Camry Hybrid version, as shown below.

Prices above based on married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Georgia minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Table data does not factor in vehicle garaging location which can impact coverage prices considerably.

Insuring your vehicle with the top car insurance company can be challenging considering how many companies sell coverage in Georgia. The company information shown below may help you select which insurers you want to consider comparing price quotes from.

These rankings include large, nationwide insurance companies, so companies that focus mainly on Georgia business will not be included in this list. To compare rates from these and other top-rated companies, just click here.

Top 10 Large Auto Insurance Providers Overall in Georgia

1. Travelers
2. USAA
3. Mercury Insurance
4. AAA Insurance
5. Nationwide
6. Allstate
7. State Farm
8. The Hartford
9. Safeco Insurance
10. Progressive

Top Companies for Toyota Camry Insurance in Georgia

Liability only or full coverage

Finding the best cheap insurance for a Toyota Camry in Georgia is important to most vehicle owners, and one of the fastest ways to buy cheap insurance is to buy liability only. The illustration below compares insurance premiums with and without full coverage. The rate quotes are based on no violations or accidents, $250 deductibles, marital status is single, and no other discounts are factored in.

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If all age groups are averaged, physical damage coverage on your policy costs an additional $2,615 per year more than just buying liability only. Many people question if buying full coverage is worth the money. There is no definitive guideline to stop paying for comprehensive and collision coverage on your policy, but there is a general guideline. If the annual cost of having full coverage is more than around 10% of replacement cost minus your deductible, then it may be the right time to buy liability only.

For example, let’s assume your vehicle’s book value is $9,500 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company would pay you is $8,500 after paying the physical damage deductible. If premium cost is more than $850 annually for physical damage coverage, then it might be time to consider dropping full coverage.

There are a few situations where buying only liability insurance is not recommended. If you haven’t paid off your loan, you have to keep full coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should keep full coverage in place.

Types of discounts on Georgia auto insurance

Auto insurance companies that sell the best cheap insurance for a Toyota Camry in Georgia may also offer policy discounts that could reduce prices by as much as 40% or more if you are eligible for them. Large auto insurance companies and some of the premium reductions they offer are included below.

• GEICO offers discounts for air bags, membership and employees, daytime running lights, anti-theft, emergency military deployment, and five-year accident-free.
• Travelers policyholders can earn discounts including payment discounts, good student, new car, student away at school, driver training, hybrid/electric vehicle, and save driver.
• Farm Bureau may have discounts that include multi-vehicle, renewal discount, driver training, good student, 55 and retired, safe driver, and youthful driver.
• Liberty Mutual discounts include multi-car, new move discount, new vehicle discount, exclusive group savings, preferred payment discount, safety features, and teen driver discount.
• American Family may offer discounts for multi-vehicle, mySafetyValet, accident-free, bundled insurance, early bird, and Steer into Savings.
• Progressive has discounts for continuous coverage, homeowner, multi-vehicle, online quote discount, multi-policy, online signing, and good student.

The diagram below illustrates the comparison of auto insurance costs with and without discounts applied to the policy rates. Data assumes a male driver, no tickets, no at-fault accidents, Georgia state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows the average annual price with no discounts. The second shows the rates with safe-driver, marriage, multiple vehicle, accident-free, multiple policy, and claim-free discounts applied. When these discounts are applied, the the average amount saved on auto insurance for a Toyota Camry is 28% or $650.

google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Male Driver No Discounts’, ‘Male Driver with Discounts’],[‘Age 20’, 4001,2873],[‘Age 30’, 2061,1493],[‘Age 40’, 2037,1473],[‘Age 50’, 1857,1343],[‘Age 60’, 1801,1299],[‘Age 70’, 2213,1589]]);var options = {title: ‘Comparison of Insurance Rates for a Toyota Camry’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’:{left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9’, ‘#98bee2’],hAxis: {title: ‘Annual Insurance Cost for a Toyota Camry in Georgia’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdisc’));chart.draw(data, options);}

Who has the cheapest Toyota Camry insurance quotes?

There are many different ways to quote cheap auto insurance rates in Georgia, but the most frequently used methods are through a non-exclusive or independent agent, an exclusive insurance agency such as Liberty Mutual or Allstate, or direct from companies such as Geico or Progressive.

All three ways are similar, but shoppers should understand the differences in how they provide price quotes.

Independent agents work for many companies and can get policy pricing from all of them. Agents of this type are not employed by one specific company and can quote rates with many companies, which can give you improved odds of finding cheaper coverage. If you want to switch companies, your policy can be easily switched to a new company and you do not have to find a new agent.

An exclusive agent is only able to write with just one company, for example State Farm and Allstate agents. They are unable to quote prices from more than just one company, which will not provide a complete price comparison.

The third popular method of shopping for auto insurance is direct, which means you do not use a local agent and buy from a direct company like Esurance. Buying auto insurance direct is good for families who do not need advice for risk management and have knowledge of the exclusions of a policy.

Which way is best to buy the best cheap insurance for a Toyota Camry in Georgia? Our initial answer would be buying from a direct car insurance company results in the cheapest rates because you bypass the middleman, but in reality, that argument does not hold true. We could also say that buying auto insurance from an independent agent guarantees the best prices since they have more companies to choose from, but that idea is not necessarily true either. For some people, exclusive agencies have very competitive rates that are the lowest in Georgia.

Since auto insurance prices vary so much, the only true way to get the lowest rate is to get quotes and compare. In a perfect world, youll get quotes from all three to give yourself the best selection. For a list of companies with online discounts, click here to view.

Find the best cheap insurance for a Toyota Camry in Georgia

The list below details some of the recommended penny-pinching solutions that can help you quote lower-cost car insurance.

• Save money by bundling your home and auto policies
• Full coverage is expensive so only insure older vehicles for liability only
• Increase your credit rating
• Avoid at-fault accidents and claims
• Buy a vehicle with excellent safety ratings
• Check for cheaper rates once a year

The last suggestion is extremely significant, as we discussed in this article. Auto insurance prices in Georgia can be modified anytime, so don’t be afraid to buy from a new company if a lower price can be found. Many drivers tend to have loyalty to a certain company, but we do not recommend it if that inflexibility results in costing you thousands of dollars over several years. Spend a few minutes and shop around and find cheaper car insurance for a Toyota Camry.