Who Has Cheap Insurance for a Toyota Camry in Delaware?

Our editors keep telling us that when writing about auto insurance, the word cheap really shouldn’t be used as a descriptor for auto insurance rates. Nonetheless, cheap car insurance for a Toyota Camry is just plain contradictory. But don’t let that discourage you, because we will tell you how you can still find coverage that is cheaper than your current rate.

Your ability to find the best cheap car insurance for a Toyota Camry in Delaware depends on a lot of factors like how experienced of a driver you are, if you have ever let your policy lapse, and deductibles for comprehensive and collision coverage. Delaware drivers will pay around $800 annually to insure a Toyota Camry, but that policy rate is an estimate using rating data for a 50-year-old married female with both comprehensive and collision coverage and $1,000 physical damage deductibles.

The issue with using an average estimated rate is the likelihood you are not 50 years old and maybe not even female, you might be single instead of married, and you may just want the cheapest liability coverage you can find. Car insurance coverage is unique to each driver, so this is why your best shot at finding cheap insurance prices for your Toyota is to take your time and compare rates from as many companies as possible.

Compare Toyota Camry Insurance Rates

The specific model of Camry will likely have an effect on the cost of coverage, so the rate you pay to insure a Camry LE trim level will be $132 less than the cost to insure the fancier Camry Hybrid model, as demonstrated by the prices below.

Premium data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Delaware minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, claim-free, and multi-vehicle. Price estimates do not factor in specific zip code location which can alter price quotes significantly.

Deciphering which companies have the most affordable car insurance rates for a Toyota Camry involves more time than just comparing a company or two.

Each insurer has a unique formula for determining rates, so we need to take a look at the most budget-friendly car insurance companies in Delaware. It’s a good idea to be aware that Delaware car insurance rates are determined by lots of factors that control the price you have to pay. Getting older, buying a different home, or having an accident can trigger price changes that may make certain companies more affordable than the competition.

Compare Cheap Insurance Quotes for Your Camry

Compare Rates and Save

USAA normally has some of the most affordable car insurance rates in Delaware at around $866 each year. Travelers, Nationwide, Atlantic States, and California Casualty are also some of the cheaper Delaware car insurance companies.

As shown in the table above, if you buy coverage from California Casualty and switched to Travelers, you might realize a yearly price reduction of in the neighborhood of $251. Insureds with Titan might save as much as $291 a year, and Donegal Mutual insureds might reduce prices by as much as $449 a year.

Remember that these policy prices are averages for all ages of drivers and types of vehicles and and are not calculated with a specific rating modification for a Toyota Camry. So the company that fits you best may not even be in the above list. That points out the importance of why you need to get car insurance quotes using your own specific driver and vehicle information.

The example below shows how choosing a deductible can impact premium costs when trying to find cheap insurance for a Toyota Camry. The information is based on a married female driver, comprehensive and collision coverage, and no other discounts are factored in.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 3029,2775,2485,2207],[‘Age 30’, 2123,1937,1723,1519],[‘Age 40’, 2095,1915,1709,1513],[‘Age 50’, 1839,1683,1507,1337],[‘Age 60’, 1751,1603,1433,1271],[‘Age 70’, 1885,1725,1547,1381]]);var options = {title: ‘Impact of Deductibles on Toyota Camry Insurance Rates in Delaware’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Insurance Cost for a Toyota Camry’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}

In the chart above, a 40-year-old driver could cut expenses by $332 a year by switching from a $100 deductible to a $500 deductible, or save $502 by changing to a $1,000 deductible. Even younger insureds, such as the 20-year-old chart data, could possibly save as much as $822 or even more by using higher deductibles when buying full coverage. When choosing a higher deductible, it is necessary to have enough savings to allow you to cover the extra out-of-pocket expense. This is the primary disadvantage of choosing high deductibles.

How to get discounts on Delaware auto insurance rates

Insurance companies that offer cheap insurance for a Toyota Camry in Delaware may also offer premium discounts that may potentially lower prices by 25% or more if you qualify for them. Large car insurance companies and their offered discounts are outlined below.

The chart below illustrates the comparison of insurance costs with and without policy discounts. The price estimates are based on a female driver, no claims or violations, Delaware state minimum liability limits, comprehensive and collision coverage, and $250 deductibles.

The first bar for each age group shows the price with no discounts. The second bar shows the rates with multiple vehicle, safe-driver, claim-free, vehicle safety, defensive driving course, and accident-free discounts applied. When these discounts are applied to the policy premium, the average savings per year on car insurance for a Toyota Camry is % or $.

google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Female Driver No Discounts’, ‘Female Driver with Discounts’],[‘Age 20’, 4053,2915],[‘Age 30’, 2791,2023],[‘Age 40’, 2593,1877],[‘Age 50’, 2265,1641],[‘Age 60’, 2189,1587],[‘Age 70’, 2557,1847]]);var options = {title: ‘Effect of Discounts on 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: [‘#c096ca’, ‘#e1b7ec’],hAxis: {title: ‘Annual Insurance Cost for a Toyota Camry’,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);}