The cheapest full coverage car insurance for a Toyota Camry costs $1,027 per year, while 16-year-olds may pay up to $6,053. Rates depend on the model year, driver’s age, location, driving history, coverage level and insurer. MoneyGeek breaks down Toyota Camry insurance costs, coverage options and the most affordable providers.
Toyota Camry Insurance Cost
Updated: April 11, 2025
Key Takeaways
State Farm provides the most affordable annual rate of $477 for minimum coverage across all Toyota Camry model years.
For a Toyota Camry, the average yearly cost of minimum coverage is $616, while full coverage costs $1,383.
MoneyGeek's analysis includes data and insights from 4,183 quotes for a Toyota Camry, sourced from Quadrant Information Services.
Toyota Camry Insurance Rates
What Is the Average Toyota Camry Car Insurance Cost?
The average cost of full coverage insurance on a Toyota Camry is $115 per month or $1,383 per year, based on a 40-year-old male with a clean driving record. Minimum coverage averages $51 per month or $616 per year.
| Minimum Coverage | $616 |
| Full Coverage | $1,383 |
Toyota Camry Insurance Costs by Company
Toyota Camry insurance costs range from $1,060 to $1,915 annually, depending on age, model year and coverage level. Below is a comparison of average Toyota Camry insurance rates against the averages for all vehicles from various national and midsize providers.
| Allstate | $1,544 | $1,812 | -15% |
| Auto-Owners | $1,167 | $1,227 | -5% |
| Farmers | $1,794 | $1,956 | -8% |
| GEICO | $1,181 | $1,333 | -11% |
| Kemper | $1,915 | $2,213 | -13% |
| Nationwide | $1,458 | $1,589 | -8% |
| Progressive | $1,635 | $1,743 | -6% |
| State Farm | $1,121 | $1,270 | -12% |
| Travelers | $1,404 | $1,522 | -8% |
| USAA | $1,060 | $1,200 | -12% |
Read more: Best Car Insurance Companies
Cost of Insuring a Toyota Camry by Model Year
The year your Toyota Camry was made impacts your insurance rates, with older cars generally being cheaper. For example, a 2022 Camry has a full coverage rate of $1,558, while insuring a 2009 model costs around $1,228. Below are the average full and minimum coverage rates for each Camry production year.
| 2022 | $610 | $1,558 |
| 2021 | $612 | $1,533 |
| 2020 | $595 | $1,511 |
| 2019 | $624 | $1,496 |
| 2018 | $630 | $1,473 |
| 2017 | $614 | $1,444 |
| 2016 | $647 | $1,413 |
| 2015 | $654 | $1,383 |
| 2014 | $624 | $1,353 |
| 2013 | $643 | $1,322 |
| 2012 | $636 | $1,291 |
| 2011 | $617 | $1,270 |
| 2010 | $647 | $1,249 |
| 2009 | $651 | $1,228 |
Toyota Camry Insurance Costs by Driver Age
Toyota Camry insurance rates vary widely based on the driver's age. For example, 40-year-olds pay about $1,395 annually for full coverage, while 16-year-olds pay around $6,053. Below are the average full and minimum coverage rates for drivers of different ages.
| 16 | $2,872 | $6,053 |
| 17 | $2,333 | $4,929 |
| 18 | $2,037 | $4,339 |
| 19 | $1,439 | $3,083 |
| 20 | $1,293 | $2,803 |
| 21 | $1,025 | $2,260 |
| 22 | $935 | $2,077 |
| 23 | $868 | $1,939 |
| 24 | $823 | $1,846 |
| 25 | $732 | $1,652 |
| 26 | $714 | $1,600 |
| 27 | $697 | $1,565 |
| 28 | $686 | $1,541 |
| 29 | $676 | $1,520 |
| 30 | $653 | $1,466 |
| 35 | $636 | $1,421 |
| 40 | $629 | $1,395 |
| 45 | $624 | $1,377 |
| 50 | $609 | $1,335 |
| 55 | $593 | $1,299 |
| 60 | $593 | $1,294 |
| 65 | $631 | $1,349 |
| 70 | $685 | $1,444 |
| 75 | $760 | $1,583 |
| 80 | $861 | $1,763 |
| 85 | $931 | $1,892 |
| 90 | $981 | $1,981 |
Toyota Camry Insurance Rates Explained
Several factors affect car insurance rates based on a driver’s profile. Insurers also consider the vehicle itself. Below is a breakdown of how your car impacts insurance costs.
Toyota Camry Rates vs. National Average
All Vehicles
Average Full Coverage Rate
$1,296Toyota Camry
Average Full Coverage Rate
$1,383Premiums for Toyota Camry are:$87 more
This is 7% more expensive.
Value
The Toyota Camry, a sedan with a $35,430 MSRP, may have higher insurance costs since more expensive cars typically have higher premiums.
Repair costs
The Toyota Camry’s annual repair cost is $388, below the national average. Lower repair costs can reduce insurance rates.
Performance
With 203 to 301 horsepower and a 0-to-60 time of 7.6 seconds, the Toyota Camry isn’t a high-performance car, which may help keep insurance costs moderate.
Vehicle age
Newer Toyota Camry models are typically more expensive to insure than older ones. However, collector and classic cars can be exceptions.
Safety features
Safety features like stability control, airbags and antilock brakes can lower insurance costs. The Toyota Camry’s 5-star NHTSA rating also helps reduce risk.
Vehicle size
Larger vehicles often have higher insurance costs. Weighing 3,595 lbs, the Toyota Camry may have moderate insurance rates.
Trim level
Higher trims come with premium upgrades, raising the MSRP and insurance costs. The Toyota Camry’s higher trims cost more to insure than the base model.
Theft rates
Cars with higher theft risk cost more to insure. The Toyota Camry’s theft rate may slightly raise its insurance costs.
Anti-theft features
Cars with anti-theft features may qualify for lower insurance rates. The Toyota Camry comes with standard anti-theft technology.
Cheapest Toyota Camry Insurance
State Farm offers the lowest Toyota Camry insurance rate at $477 per year for minimum coverage, based on a 40-year-old male driver with a clean record. Below is a breakdown of the cheapest car insurance for various coverage levels, age groups, driving records, model years and more.
Cheapest Toyota Camry Insurance by Coverage Level
The coverage level you select greatly influences your Toyota Camry insurance rate. State Farm offers the cheapest average minimum and full coverage rates. Below is a breakdown of the most affordable providers for each type.
Cheapest Toyota Camry Minimum Coverage
State Farm offers the cheapest minimum coverage for a Toyota Camry at $40 per month. Other competitive options include GEICO at $42, Travelers at $49 and Nationwide at $56.
| USAA | $35 | $416 |
| State Farm | $40 | $477 |
| GEICO | $42 | $509 |
| Travelers | $49 | $593 |
| Nationwide | $56 | $675 |
| Allstate | $58 | $699 |
| Progressive | $59 | $705 |
| Farmers | $63 | $752 |
*State Farm offers non-military-affiliated Toyota Camry owners the lowest average minimum coverage insurance rate. USAA is the most affordable option for military-affiliated drivers.
Best Toyota Camry Insurance Rates by Model Year
The list above doesn’t include your Toyota Camry's production year, which can affect insurance rates. Older models may qualify for lower rates. Filter the table below to find the cheapest minimum coverage rates for each model year.
Data filtered by:Results filtered by:
Select
Model Year:2009
| Allstate | $712 | $59 |
| Farmers | $777 | $65 |
| GEICO | $555 | $46 |
| Nationwide | $698 | $58 |
| Progressive | $731 | $61 |
| State Farm | $468 | $39 |
| Travelers | $690 | $58 |
| USAA | $431 | $36 |
*USAA is available only to military veterans, active service members and their families.
Cheapest Full Coverage Toyota Camry Insurance
State Farm offers the cheapest full coverage for a Toyota Camry at $1,089 annually or $91 monthly. Below is the complete list of full coverage insurance providers and rates.
| USAA | $86 | $1,027 |
| State Farm | $91 | $1,089 |
| GEICO | $96 | $1,150 |
| Nationwide | $114 | $1,374 |
| Travelers | $115 | $1,383 |
| Allstate | $123 | $1,477 |
| Progressive | $131 | $1,567 |
| Farmers | $140 | $1,683 |
*On average, State Farm is the cheapest insurer for non-military-affiliated Toyota Camry owners seeking full coverage. For military-affiliated drivers, USAA is the most affordable option.
Cheapest Toyota Camry Insurance by Age
Drivers aged 16 to 25 and those aged 55 and up often pay more for Toyota Camry insurance. Below is the breakdown of the cheapest options by age.
Cheapest Toyota Camry Insurance for Young Drivers
Toyota Camry drivers aged 16 to 25 can find the lowest insurance rate with State Farm at $86 monthly or $1,036 annually for minimum coverage. Below is the complete list of the most affordable auto insurance rates for Toyota Camry drivers.
| USAA | $72 | $859 |
| State Farm | $86 | $1,036 |
| Travelers | $101 | $1,217 |
| GEICO | $102 | $1,220 |
| Allstate | $136 | $1,630 |
| Nationwide | $148 | $1,774 |
| Progressive | $162 | $1,939 |
| Farmers | $169 | $2,027 |
*State Farm is the cheapest insurer for young non-military-affiliated drivers. USAA is the most affordable option for military-affiliated drivers.
Cheapest Toyota Camry Insurance for Seniors
State Farm offers the cheapest car insurance for seniors aged 55 and up at $524 annually or $44 monthly. See the full list of affordable Toyota Camry insurers below.
| State Farm | $44 | $524 |
| USAA | $46 | $552 |
| GEICO | $51 | $610 |
| Travelers | $59 | $705 |
| Nationwide | $66 | $791 |
| Allstate | $71 | $857 |
| Progressive | $75 | $897 |
| Farmers | $84 | $1,004 |
Cheapest Toyota Camry Insurance After an Accident
State Farm, GEICO and Travelers offer Toyota Camry drivers the cheapest car insurance after an accident. See the complete list below.
| State Farm | $50 | $596 |
| USAA | $53 | $633 |
| GEICO | $67 | $802 |
| Travelers | $70 | $843 |
| Allstate | $80 | $958 |
| Nationwide | $87 | $1,041 |
| Progressive | $96 | $1,151 |
| Farmers | $124 | $1,486 |
Toyota Camry Insurance Cost: Bottom Line
Make it a habit to compare car insurance rates from different providers to find the best deal. This article explores Toyota Camry insurance costs across demographics and highlights the most affordable providers.
Toyota Camry Insurance Rates: FAQ
Below are answers to common questions about the cost of insuring a Toyota Camry.
What company has the cheapest car insurance for a Toyota Camry?
State Farm offers the cheapest insurance for a Toyota Camry, with annual minimum coverage rates starting at $477.
What is the average cost of car insurance for a Toyota Camry?
The average annual insurance cost for a Toyota Camry is $616 for minimum coverage and $1,383 for full coverage.
Toyota Camry Insurance Ratings: Our Review Methodology
MoneyGeek analyzed data and 4,183 Toyota Camry insurance quotes from Quadrant Information Services.
Drivers and Cars
MoneyGeek used a sample driver profile with the following characteristics to calculate the average rates for insuring a Toyota Camry:
- 40-year-old male
- Clean driving record
- 12,000 miles driven annually
We also modified the sample driver profile to determine Toyota Camry insurance rates for different age groups, driving records and model years. MoneyGeek collected data for the following model years:
- 2012
- 2013
- 2014
- 2015
- 2016
- 2017
- 2018
- 2019
- 2020
- 2021
- 2022
If data on specific model years wasn't available, our data scientists estimated rates based on how insurers typically price car models each year. The published rates are estimates and may not reflect the rate you'll receive for your Toyota Camry.
Coverage Levels
Each state differs in minimum coverage requirements, so our rates are a combination of minimum coverage policies in the states where we gathered our data.
MoneyGeek’s analysis includes average full coverage policy rates with comprehensive and collision coverage (with a $1,000 deductible) and increased liability limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $100,000 property damage liability per accident
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.