Finding the best cheap auto insurance for a Toyota Camry relies on an enormous amount of factors such as how you use your Camry, the likelihood of vehicle theft, and citations or violations on your driving record. Drivers will pay around $453 per year to insure their Camry, but that is calculated using a 50-year-old married female driver with both comprehensive and collision coverage and $1,000 deductibles.
It’s more than likely you are not 50 and maybe not even a female, single instead of married, or maybe you prefer to not insure for full coverage. Auto insurance requires individual risk assessment, so the best method for finding the cheapest rates for your Toyota is to compare as many rates as possible.
The trim level of your Toyota will most likely have an effect on the coverage cost, so the price you will be charged to insure a Camry LE model will be $80 less than the price to insure the more well-appointed Camry Hybrid trim level, as shown in the table below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
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Table data represents married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Wisconsin minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Premium costs do not factor in specific Milwaukee garaging location which can raise or lower premium rates greatly.
Finding out which companies have the cheapest insurance rates for a Toyota Camry requires a bit more work in order to find the best policy. Each insurance company uses a different method to establish rates, so we’ll go over the lowest cost insurance companies in Wisconsin.
It’s a good idea to be aware that Wisconsin insurance rates are impacted by many things that will increase or decrease the cost of your policy. Simply having a birthday, buying a home, or having an accident can produce rate changes that can make some companies more affordable than others.
Find Cheaper Car Insurance for Your Camry
|Rank||Company||Cost Per Year|
|7||Rural Mutual Insurance||$772|
|13||West Bend Mutual||$926|
|14||Auto Club Group||$939|
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USAA may have some of the lowest car insurance rates in Milwaukee at around $598 each year. This is $563 less than the average price paid by Wisconsin drivers of $1,161. Partners Mutual, Erie, Rockford Mutual, and Pekin Insurance also rank well as some of the cheapest Milwaukee, WI auto insurance companies.
As shown above, if you currently have a policy with Rockford Mutual and switched to Partners Mutual, you may see an annual premium reduction of about $118. Wisconsin drivers with Pekin Insurance might save as much as $131 a year, and Nationwide policyholders might see rate reductions of $138 a year.
If you want to see how much you could save, click here to get a free quote or feel free to get quotes from the companies below.
Be aware that those prices are averages for all types of insureds and vehicles and are not factoring in a specific vehicle garaging location for a Toyota Camry. So the insurer that can offer you the lowest price may not even be in the list above. That helps illustrate why you need to get car insurance quotes using your own driver information and specific vehicle type.
Discounts on Milwaukee auto insurance
Car insurance companies that offer coverage for a Toyota Camry may also give you policy discounts that could reduce prices by 30% or more if you meet eligibility requirements. A few popular companies and a selection of discounts are shown below.
- State Farm discounts include safe vehicle, anti-theft, Steer Clear safe driver discount, passive restraint, multiple autos, defensive driving training, and student away at school.
- GEICO has discounts for multi-policy, military active duty, air bags, anti-theft, and driver training.
- Allstate offers discounts for early signing, economy car, multi-policy, auto/life discount, utility vehicle, and anti-lock brakes.
- SAFECO includes discounts for multi-car, homeowner, safe driver, teen safety rewards, drive less, anti-lock brakes, and teen safe driver.
- Farm Bureau offers discounts including safe driver, youthful driver, driver training, multi-vehicle, renewal discount, good student, and multi-policy.
- Progressive may include discounts for online signing, homeowner, continuous coverage, good student, and multi-vehicle.
- AAA may offer discounts for multi-policy, multi-car, good driver, pay-in-full, AAA membership discount, good student, and education and occupation.
The chart below compares insurance costs with and without discounts applied to the rates. Data assumes a male driver, no driving violations, no at-fault accidents, Wisconsin state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows the average rate with no discounts. The second shows the rates with defensive driving course, anti-theft, vehicle safety, homeowner, marriage, and multiple vehicle discounts applied. When drivers take advantage of discounts, theamount saved on insurance for a Toyota Camry is 28% or $424.
Why you should be comparing rates
Milwaukee insurance rates are influenced by many factors which can substantially change the cost of having a policy. Turning one year older, buying another vehicle, or getting caught speeding may prompt premium changes that may make certain companies cheaper in comparison to the competition.
Also, insurers change rates multiple times each year in order to maintain liquidity for claims. Heavy losses can cause higher rates, while profitable underwriting can result in lower-priced Camry insurance rates.
For instance, the data below shows a variety of companies that have the cheapest car insurance in Milwaukee, WI for a 35-year-old male driver with no accidents, a clean driving record, and excellent credit. When quoting prices based on his personal risk profile, USAA has the cheapest car insurance rates in Milwaukee at $893 a year. This is $268 less than the average rate paid by Wisconsin drivers of $1,161. Partners Mutual, Erie, Rockford Mutual, and Pekin Insurance are also on the list of the cheapest Milwaukee, WI auto insurance companies.
Now we will pretend the driver from the first rate comparison a claim or two, slightly worse credit, and a stop sign violation. Because every insurance company has their own formula for determining rates, getting updated rate quotes could result in a completely different list of companies as shown below.
Integrity Mutual now has the best car insurance rate in Milwaukee with Nationwide, Western National, Travelers, and Partners Mutual now rounding out the top five. This demonstrates why it is critical to compare rates when trying to find the most budget-friendly car insurance rates for a Toyota Camry.
Insurance rates are determined by many risk factors and can increase or decrease at any time, so the most economical company when you bought your policy may now not even be in the top five.
How to find economical auto insurance for a Toyota Camry
The list below shows a few thrifty suggestions that can help Milwaukee drivers quote cheap auto insurance.
- Serious violations like DUI or reckless driving can increase rates dramatically
- Do not pay for full coverage if not needed
- Safer vehicles cost less to insure
- Higher comprehensive and collision coverage deductibles will save money
- Pay cheaper rates with good credit scores
- Do not get into accidents
- Check for cheaper rates once a year
The last idea is extremely critical, as we emphasized in this article. Prices charged by car insurance companies can change considerably in a year, so drivers shouldn’t hesitate to buy from a new company if a cheaper price is available. Having brand loyalty is commendable, but it’s not recommended if that stubbornness costs you major coinage every year. It takes less than five minutes to compare prices and find cheaper car insurance for a Toyota Camry in Milwaukee.
The Milwaukee car insurance agencies listed below can help you decide which coverage fits your budget, since some drivers have questions and prefer to have some professional guidance when shopping for the best coverage for a Toyota Camry. It can be hard to find the best coverage yourself, and insurance agents can add comfort knowing your coverage gives you adequate protection in the event of a claim.
To find a Milwaukee insurance agent close to you, click the button link following the list or click here to compare rates now.
- American Family Insurance – Lamar E. Dismuke
8201 W Capitol Dr – Milwaukee, WI 53222 – (414) 527-1925
- Allstate Insurance: Andrew J. McCabe
4010 N Oakland Ave – Milwaukee, WI 53211 – (414) 961-1166
- Billy Brown Insurance
715 Milwaukee St – Delafield, WI 53018 – (262) 646-8252
- Philleo Agency Insurance
12555 W Burleigh Rd – Brookfield, WI 53005 – (262) 432-4200