Buying the best cheap auto insurance for a Toyota Camry in Oklahoma is pretty straightforward, but it is dependent upon a lot of factors such as the safety rating of your vehicle, the performance level of your vehicle, and any driving offenses on your record. Oklahoma drivers pay on average $1,012 per year to insure their Camry, but that cost is a valuation based on a 30-year-old married male driver with both comprehensive and collision coverage and $1,000 deductibles.
The issue with using an average estimated rate is the likelihood you are not 30 and maybe not even a male, single instead of married, or maybe you have a teenager that needs to be on your policy. Insurance is an individual thing, so the only way to find cheap auto insurance rates for your Toyota is to put in the effort to do a thorough rate comparison.
The trim level of your vehicle can impact the cost of coverage, so the cost to insure a Camry LE will be $172 less than the price to insure the high end Camry Hybrid version, as shown in the chart below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
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Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Oklahoma minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, multi-vehicle, and claim-free. Rate quotes do not factor in specific Oklahoma City garaging location which can lower or raise coverage rates considerably.
Finding cheap auto insurance is confusing at best, and determining which company quotes the lowest-priced car insurance rates for a Toyota Camry will involve a bit more work. Every auto insurer has their own process for filing rates in each state, so let’s rank the car insurance companies with the most affordable rates in Oklahoma City.
It’s a good idea to be aware that Oklahoma City, OK car insurance rates are calculated based on many things that can increase the policy premium. Price variation is why drivers need to shop around to find the lowest car insurance quotes for a Toyota Camry. Prices are impacted by many risk factors and can change without notice, so the cheapest company the last time you checked may now be an over-priced policy.
Best Auto Insurance Prices for Your Camry
Oklahoma Farmers Union may offer some of the cheapest car insurance rates in Oklahoma City at around $1,154 each year. This is $813 less than the average premium paid by Oklahoma drivers of $1,967. USAA, The Hartford, GEICO, and Safe Auto also qualify as some of the best Oklahoma City, OK auto insurance companies.
As the rates illustrate above, if you are insured with GEICO and switched to USAA, you might realize savings of in the neighborhood of $209. Insureds with Safe Auto could save as much as $234 a year, and Farmers policyholders might cut rates by $237 a year.
Bear in mind that those estimates are averaged for all types of drivers and the different vehicles they drive and are not factoring in a specific vehicle garaging location for a Toyota Camry. So the insurer that is best suited for you may not even be in the list above. That is why you need to get auto insurance quotes using your own personal information and vehicle type.
Get discounts on Oklahoma City auto insurance rates
Insurance providers that provide policies for a Toyota Camry may provide rate discounts that may potentially lower prices by 30% or more if you are eligible to receive them. A few of the larger companies and a selection of discounts are detailed below.
- Farmers Insurance may offer discounts for good student, distant student, pay in full, youthful driver, multi-car, electronic funds transfer, and switch companies.
- State Farm policyholders can earn discounts including Steer Clear safe driver discount, multiple autos, good driver, accident-free, and multiple policy.
- Liberty Mutual discounts include new graduate, exclusive group savings, hybrid vehicle, newly married, and multi-policy.
- MetLife offers premium reductions for good student, accident-free, claim-free, multi-policy, and good driver.
- Progressive may include discounts for good student, online quote discount, homeowner, continuous coverage, online signing, multi-policy, and multi-vehicle.
The chart below illustrates the comparison of insurance costs with and without discounts applied to the rates. The prices are based on a male driver, no driving violations, no at-fault accidents, Oklahoma 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 lower bar shows the rates with multiple policy, passive restraint, claim-free, accident-free, safe-driver, and multiple vehicle discounts applied. When taking advantage of discounts, theamount saved on car insurance for a Toyota Camry is 28% or $890.
You are probably paying too much for Camry insurance
Oklahoma City, OK car insurance rates are determined by lots of factors that may substantially change your annual premium. Getting older, buying a new vehicle, or getting a speeding ticket can trigger rate changes resulting in some rates now being more affordable than the competition.
Also, car insurance companies change prices at least once a year in order to be able to pay unexpected claims. Higher than normal claims may cause price increases, while lower claims may produce lower-cost Camry insurance rates.
For example, the graph below analyzes the cheapest car insurance in Oklahoma City, OK for a 40-year-old female driver with a clear driving record, no claims, and good financial standing. If we estimate rates based on her current situation, USAA may offer the cheapest car insurance rates in Oklahoma City at $1,348 annually. This is $619 less than the average price paid by Oklahoma drivers of $1,967. Oklahoma Farmers Union, GEICO, The Hartford, and Farmers are the remainder of the best Oklahoma City, OK auto insurance companies.
The chart below compares rates after we give the driver from the first example a chargeable accident, less-than-perfect credit, and a speeding ticket. Due to the fact that every insurance company has a unique formula for establishing rates, analyzing rates will most likely result in a new list of affordable companies as shown below.
State Farm now has the best insurance rate in Oklahoma City with Oklahoma Farmers Union, GEICO, Liberty Mutual, and Travelers also being competitive. This example illustrates why Oklahoma drivers need to do a thorough rate comparison to get the most budget-friendly insurance quotes for a Toyota Camry. Auto insurance prices are calculated by many different factors and can decrease or increase without notice, so the best option when you bought your policy may now be costing you a lot of money.
The agencies below can most likely answer your questions and help you decide which insurance coverage you need, since many consumers aren’t sure which coverage to buy and prefer to get some professional advice when shopping for the best coverage for a Camry. It can be hard to find the cheapest auto insurance company, so a professional agent can give you satisfaction knowing you have suitable coverage if you have an accident.
To find an Oklahoma City insurance agent nearest to you, click the button link following the list or click here to compare rates now.
- Econo-Wise Insurance Agency, Inc.
2705 SW 29th St – Oklahoma City, OK 73119 – (405) 682-6699
- State Farm: Vicky Richey Insurance Agency Inc
8601 S Walker Ave – Oklahoma City, OK 73139 – (405) 635-0677
- Russ Warren Insurance Agency
3431 NW 36th St – Oklahoma City, OK 73112 – (405) 947-6745