Delaney Simchuk, Car Insurance Writer
@delaney_simchuk
Insurance on a Toyota Camry is $717 per year for minimum coverage, on average – about the same as minimum coverage for the average vehicle. Your exact monthly premiums will depend on your state’s minimum coverage requirements, your age, your driving record, and which insurance company you choose.
Annual Cost of Toyota Camry Insurance by Category
Category | Cost |
Minimum coverage | $671 per year |
Full coverage | $2,117 per year |
Young driver (16-year-old) | $3,192 per year |
Middle-aged driver (45-year-old) | $671 per year |
Older driver (65-year-old) | $680 per year |
Accident history | $1,041 per year |
Note: Rates are an approximation based on a 45-year-old male driver, except when otherwise specified. Actual rates will vary.
The cost of car insurance also varies based on the body type, age, and make of the car. Typically, older vehicles are cheaper to insure simply because they are less valuable and thus less expensive to repair or replace. However, if you have upgraded features, this could make insurance for a Toyota Camry more expensive, since vehicles with special features are often more complicated to repair.
To learn more, check out WalletHub’s guides to the average cost of car insurance and factors that affect car insurance rates.
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