Compare 2004 Toyota Camry Car Insurance Quotes

Did you fall for a flashy sales pitch and buy an overpriced insurance coverage policy? Believe me when I say many consumers are feeling buyer’s remorse and feel like there’s no way out.

Numerous insurers battle for your insurance dollar, so it can be very hard to choose a insurance company to get the lowest cost out there.

Smart consumers take time to compare rates quite often because prices are constantly changing. Even if you think you had the lowest rates for Camry coverage last year you can probably find a better price now. Forget anything you know (or think you know) about insurance coverage because we’re going to demonstrate one of the easiest ways to save money, get proper deductibles and limits, all at the lowest rate.

If you currently have a car insurance policy, you stand a good chance to be able to save some money using this information. Choosing the best insurance company for you is easy if you know what you’re doing. Nevertheless, vehicle owners do need to understand the way insurance companies sell insurance online and use this information to your advantage.

How to Buy Car Insurance Online

To find the best car insurance prices, there are several ways to compare rate quotes from local car insurance companies. The quickest method to find the lowest 2004 Toyota Camry rates involves getting comparison quotes online. This can be accomplished in a couple of different ways.

  1. The easiest and least time consuming way consumers can analyze rates is an all-inclusive rate comparison click here to open form in new window. This type of form eliminates the need for separate quote forms to each individual car insurance company. Completing one form gets you price quotes from several companies.
  2. A slightly less efficient method to find lower rates is to manually visit the website for each individual company and fill out their own quote form. For examples sake, let’s say you want comparison quotes from Allstate, State Farm and GMAC. You would have to go to every website and enter your policy data, which is why most consumers use the first method. To view a list of companies in your area, click here.

Whichever way you use, make darn sure you compare apples-to-apples coverage limits and deductibles for every quote you compare. If you compare mixed coverages it will be impossible to find the best deal for your Toyota Camry. Slightly different limits can mean a large discrepancy in price. And when comparing car insurance rates, know that quoting more gives you a better chance of getting a better price.

Save big with these discounts

Insuring your fleet can be pricey, but companies offer discounts to help offset the cost. Certain discounts will be applied when you purchase, but some must be manually applied prior to getting the savings.

  • Military Rewards – Being on active duty in the military may qualify for rate reductions.
  • Auto/Life Discount – Select insurance companies reward you with a break if you buy life insurance from them.
  • Homeowners Discount – Owning a home may earn you a small savings because of the fact that having a home shows financial diligence.
  • Air Bag Discount – Cars that have air bags and/or automatic seat belt systems can receive discounts of up to 25% or more.
  • College Student – Youth drivers who are attending college and do not have access to a covered vehicle may be able to be covered for less.
  • Defensive Driving Course – Taking a course teaching defensive driving skills can save you 5% or more if you qualify.

Consumers should know that most discount credits are not given to all coverage premiums. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. So despite the fact that it appears it’s possible to get free car insurance, car insurance companies aren’t that generous. But any discount will help reduce the amount you have to pay.

For a list of companies with the best car insurance discounts, click here.

But I don’t know anything about car insurance

When buying coverage, there is no perfect coverage plan. Every insured’s situation is different so this has to be addressed. For instance, these questions might help in determining if you might need professional guidance.

  • Are rental cars covered under my policy?
  • When should I drop full coverage on my 2004 Toyota Camry?
  • Do I need medical payments coverage since I have good health insurance?
  • What companies insure drivers after a DUI or DWI?
  • Am I covered when pulling a rental trailer?
  • When should I not file a claim?
  • Are all vehicle passengers covered by medical payments coverage?

If you don’t know the answers to these questions, you may need to chat with an agent. To find lower rates from a local agent, complete this form or click here for a list of car insurance companies in your area.

These factors can influence what you pay for Toyota Camry insurance

Consumers need to have an understanding of some of the elements that go into determining your car insurance rates. Knowing what influences your rates enables informed choices that could result in much lower annual insurance costs.

Listed below are some of the factors car insurance companies consider when setting premiums.

  • Always keep insurance in force – Driving without insurance can get your license suspended and car insurance companies will penalize you for letting your insurance expire. And not only will your rates increase, but being ticketed for driving with no insurance might get you a revoked license or a big fine.You may have to provide proof of insurance in the form of an SR-22 filing with your state DMV.
  • Your location is important – Choosing to live in less populated areas has it’s advantages when insuring your vehicles. Less people living in that area translates into fewer accidents as well as less vandalism and auto theft. Drivers in populated areas regularly have congested traffic and a longer drive to work. Higher commute times can result in more accidents.
  • Extra add-on coverages are wasting money – There are many additional coverages that you can buy on your car insurance policy. Insurance for vanishing deductibles, towing coverage and membership fees are examples of these. These may sound like a good investment initially, but your needs may have changed so eliminate the coverages to reduce your premium.
  • Low deductibles can be expensive – The deductibles define the amount you are required to spend out-of-pocket if you file a covered claim. Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Some instances where coverage would apply are running into the backend of another car, vandalism, and rolling your vehicle. The more money you are required to pay out-of-pocket, the bigger discount you will receive for Camry coverage.
  • Rates may be higher depending on your occupation – Did you know your job can affect your rates? Occupations such as lawyers, business owners and dentists are shown to have the highest average rates attributed to job stress and long work days. Other occupations such as scientists, historians and homemakers pay the least for Camry coverage.
  • Safer cars are cheaper to insure – Cars with high safety ratings are cheaper to insure. The safest vehicles have better occupant injury protection and fewer injuries means lower claim amounts and thus lower rates. If your Toyota Camry scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.
  • Frequent car insurance claims increase rates – If you are a frequent claim filer, you can expect higher rates. Insurance companies generally give better rates to drivers who do not rely on their insurance for small claims. Insurance coverage is intended for the bigger claims that can’t be paid out-of-pocket.

Insurance myths debunked

Companies like Progressive, Allstate and GEICO constantly bombard you with ads on television and other media. All the ads make an identical promise about savings if you switch your coverage to them. But how can every company make almost identical claims? It’s all in the numbers.

All companies have a preferred profile for the type of driver that is profitable for them. For example, a desirable insured might be between 25 and 40, a clean driving record, and has excellent credit. A customer who meets those qualifications gets the lowest rates and is almost guaranteed to pay quite a bit less when switching companies.

Potential insureds who don’t meet these standards must pay higher premiums which usually ends up with business going elsewhere. The ads say “drivers who switch” not “everybody who quotes” save that much. That’s why insurance companies can advertise the way they do.

This illustrates why it is so important to get quotes from several different companies. You cannot predict which insurance companies will provide you with the cheapest Toyota Camry insurance rates.

Information about specific coverages

Understanding the coverages of a insurance policy can help you determine appropriate coverage and proper limits and deductibles. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. Listed below are the normal coverages found on the average insurance policy.

Comprehensive (Other than Collision)

This will pay to fix damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like damage from flooding, fire damage, hail damage and a tree branch falling on your vehicle. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Auto collision coverage

This pays for damage to your Camry resulting from colliding with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for things such as hitting a mailbox, damaging your car on a curb, sideswiping another vehicle and hitting a parking meter. This coverage can be expensive, so you might think about dropping it from older vehicles. Another option is to choose a higher deductible to get cheaper collision coverage.

Liability coverages

Liability coverage will cover damage that occurs to people or other property that is your fault. It protects YOU against claims from other people. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 50/100/50 which stand for $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property. Some companies may use one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage protects against things like repair bills for other people’s vehicles, pain and suffering, structural damage, funeral expenses and repair costs for stationary objects. How much liability coverage do you need? That is a decision to put some thought into, but buy as much as you can afford.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage gives you protection when other motorists do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as damage to your Toyota Camry.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Most of the time these coverages are set the same as your liablity limits.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills like chiropractic care, prosthetic devices, pain medications and rehabilitation expenses. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover both the driver and occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and may carry a deductible

More quotes. Lower rates.

When shopping online for auto insurance, don’t be tempted to reduce coverage to reduce premium. There are too many instances where an insured cut uninsured motorist or liability limits only to regret at claim time that the savings was not a smart move. The aim is to find the BEST coverage at an affordable rate while still protecting your assets.

Cheap 2004 Toyota Camry insurance can be purchased online and also from your neighborhood agents, so compare prices from both to have the best rate selection. Some insurance providers may not provide the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agents.

More detailed auto insurance information can be found by following these links: