Finding the best cheap coverage for a Toyota Camry in Texas is pretty straightforward, but it is dependent upon a complicated formula that considers factors such as how far you commute, if you have prior claims, and the level of deductible you choose. Drivers in Texas will pay around $873 a year for Camry insurance, but that figure is an estimation calculated using a 50-year-old married male driver with both comprehensive and collision coverage and $500 deductibles.
Most likely you may not be 50 years old (or even male), you might be single instead of married, and you might want liability-only or different deductibles. Just a very minor change in the factors used in pricing a policy can result in a massive change in rates.
Everone’s needs are different, and this illustrates why the way we recommend to find the cheapest coverage for your Toyota is to do the rate comparisons yourself.
Cheapest Toyota Camry Insurance Rates
The specific model of Camry will have an impact the cost of insurance, so the price you pay to insure a Camry LE model will cost $148 less than the price to insure the more expensive Camry Hybrid model, as shown in the chart below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Camry LE | $186 | $340 | $366 | $22 | $110 | $1,024 | $85 |
| Camry SE | $186 | $400 | $366 | $22 | $110 | $1,084 | $90 |
| Camry XLE | $186 | $400 | $366 | $22 | $110 | $1,084 | $90 |
| Camry Hybrid | $210 | $400 | $414 | $24 | $124 | $1,172 | $98 |
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Data variables include married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Rate quotes do not factor in Dallas location which can modify premium rates greatly.
Best insurance in Dallas
Buying coverage from a high-quality insurance provider is hard considering how many different insurance companies sell coverage in Texas. The information shown next can help you analyze which car insurance companies you want to consider when comparing rate quotes. These rankings are for large, nationwide insurance companies, so companies that have a smaller presence are not taken into consideration for these rankings.
Top 10 Major Auto Insurers in Dallas Ranked by Customer Service
- USAA
- Travelers
- Mercury Insurance
- AAA Insurance
- Nationwide
- Safeco Insurance
- Progressive
- State Farm
- The Hartford
- The General
The example below demonstrates how choosing different deductibles can influence insurance prices when getting quotes for cheap insurance for a Toyota Camry. The data assumes a married female driver, comprehensive and collision coverage, and no discounts are applied to the premium.
The data above shows that a 40-year-old driver could lower their car insurance rates by $352 a year by increasing from a $100 deductible to a $500 deductible, or save $528 by selecting a $1,000 deductible. Younger drivers, such as the 20-year-old example, could drop their prices $870 every year by choosing a larger deductible amount. If you do raise deductibles, it will be important to have plenty of discretionary funds to offset the extra out-of-pocket expense, which is the main drawback of higher deductibles.
Your low-price policy may be costing you money
Dallas insurance rates are based on many factors which can substantially decrease or increase the cost of your policy. Simply turning a year older, getting married, or getting a driving violation may prompt premium changes that can cause some rates to be cheaper than before.
In addition, car insurance companies modify rates every year in order to be able to pay unexpected claims. A period of higher than normal claims can result in more expensive premiums, while lower claims may result in more affordable Camry insurance rates.
To illustrate this point, the chart below demonstrates which company has the cheapest car insurance in Dallas, TX for a 30-year-old female driver with a good driving record, no prior claims, and solid credit. If we estimate rates based on her personal risk profile, Travelers offers the cheapest car insurance rates in Dallas at $1,288 a year. This is $616 less than the average policy premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are also on the list of the cheapest Dallas, TX auto insurance companies.
In this example, we will give the driver in the first chart an accident claim, a little lower credit rating, and a few blemishes on her driving record. Because every insurance company has a unique approach to set premium rates, analyzing rates may now show a substantially altered list of affordable Dallas car insurance companies as shown below.
State Farm now has the cheapest price in Dallas, TX with Mercury, USAA, Nationwide, and Safe Auto completing the list. This demonstrates why Dallas drivers need to do a thorough rate comparison to find the most economical car insurance quotes for a Toyota Camry. Car insurance prices can be altered by many factors and change frequently, so the most economical option two years ago may now be quite expensive.
If you have questions and prefer to get some help when buying car insurance for a Toyota Camry, the insurance agencies listed below are a good start to provide answers to your questions and help you determine which auto insurance coverages would be the best in your situation.
To find an auto insurance agency in your neighborhood, click the link after the list or click here to compare price quotes.
State Farm Insurance: Scott LaDuke Agency
2702 McKinney Ave #203 – Dallas, TX 75204 – (214) 740-1800
Roxy Brown – State Farm Insurance Agent
12640 E Northwest Hwy, Ste 408 – Dallas, TX 75228 – (972) 681-6128
Bill Remley – State Farm Insurance Agent
4230 Lyndon B Johnson Fwy #105 – Dallas, TX 75244 – (972) 488-3822