Toyota Camry

A Toyota Camry is a midsize sedan manufactured by Toyota and introduced in the United States in 1983. Insurance companies classify Toyota Camry models, such as the LE, SE, or XLE, as family vehicles with average safety records and moderate repair costs according to IIHS and NHTSA crash test ratings.

Insurers calculate premiums for a Toyota Camry using factors like trim level, model year (e.g. 2018, 2022), location, driving history, and claims data from NAIC. Full coverage for a 2021 Toyota Camry averages $1,540 per year in the US based on Quadrant Information Services’ 2023 analysis.

Comprehensive insurance protects against theft or damage to a Toyota Camry caused by events like hail or vandalism; over 12% of comprehensive claims in 2022 involved sedans similar to the Camry. Liability-only insurance for a used Toyota Camry can cost about $620 per year depending on state regulations such as those enforced by the California Department of Insurance or Texas Department of Insurance.

Owners frequently receive discounts from insurers like State Farm and GEICO for safety features on recent Camrys, including lane departure alerts and automatic emergency braking. Common reasons claims are filed include rear-end collisions and windshield damage; Progressive reports that sedan drivers file these types of claims 23% more often than coupe drivers.

Insurance costs usually decrease for older Toyota Camrys due to depreciation; Kelley Blue Book data shows that a five-year-old Camry retains about 61% of its value compared to MSRP. Multiple states report lower-than-average injury severity scores for accidents involving Toyota Camrys thanks to advanced restraint systems found standard since model year 2015, Your Insurance Info confirms.

Hybrid versions such as the Toyota Camry Hybrid XSE may require higher premiums due to increased repair expenses related to battery replacement; AAA notes hybrid-related repairs average $1,200 more than non-hybrid equivalents.