Discount Toyota Camry insuranceAre you burned out from robbing Peter to pay Paul each month for car insurance? You are in the same boat as many other Texas drivers.

A study showed that almost 70% of insureds have bought car insurance from the same company for well over three years, and nearly 40% of drivers have never even compared quotes to find affordable rates. With the average premium in Texas being $2,680, drivers could save themselves up to 70% a year just by comparing rates, but they just assume it's a time-consuming process to save money by comparing rate quotes.

Many auto insurance companies vie to insure your vehicles, and because of this it can be hard to compare insurers and get the best coverage at the lowest rate on Toyota Camry insurance in San Antonio.

It's a good idea to shop coverage around yearly because car insurance prices are rarely the same from one policy term to another. Just because you had the lowest rate on Toyota Camry insurance in San Antonio on your last policy you may be paying too much now. Block out anything you think you know about car insurance because you're about to learn how to quote online to lower your rates without sacrificing coverage.

Don't overlook these five Toyota Camry insurance discounts

Insurance is easily one of your largest bills, but there could be available discounts that you may not even know about. Many discounts should be triggered when you get a quote, but some discounts are required to be specially asked for prior to getting the savings. If you do not double check each discount possible, it's possible you qualify for a lower rate.

Don't be surprised that many deductions do not apply to the whole policy. Some only reduce individual premiums such as comprehensive or collision. So even though you would think adding up those discounts means a free policy, insurance companies aren't that generous.

Some of the larger companies who might offer most of these discounts include:

When getting free San Antonio auto insurance quotes, it's a good idea to all companies you are considering which discounts you qualify for. Some of the discounts discussed earlier may not be available in San Antonio. If you would like to choose from a list of insurance companies offering insurance discounts in Texas, click here to view.

It's important to know that comparing a wide range of rates will increase your chances of finding a lower rate than you're paying now.

The following companies can provide price quotes in Texas. If you wish to find cheaper car insurance in Texas, we suggest you visit as many as you can in order to find the cheapest rates.

Toyota Camry Insurance Estimates in San Antonio, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Camry LE $184 $332 $358 $22 $108 $1,004 $84
Camry SE $156 $360 $400 $24 $120 $1,060 $88
Camry XLE $218 $434 $392 $24 $118 $1,186 $99
Camry Hybrid $198 $416 $560 $34 $168 $1,376 $115
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Prices above based on single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Premium costs do not factor in specific zip code location which can modify auto insurance rates noticeably.

Raise deductibles and save

A question often asked by San Antonio drivers is what deductibles to buy. The rates below approximate the premium difference between low and high physical damage coverage deductibles. The first table uses a $100 comprehensive and collision deductible and the second rate table uses a $1,000 deductible.

Toyota Camry insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Camry LE $328 $592 $382 $22 $114 $1,463 $122
Camry SE $328 $698 $382 $22 $114 $1,569 $131
Camry XLE $328 $698 $382 $22 $114 $1,569 $131
Camry Hybrid $370 $698 $430 $26 $128 $1,677 $140
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Toyota Camry insurance policy rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Camry LE $182 $312 $382 $22 $114 $1,012 $84
Camry SE $182 $368 $382 $22 $114 $1,068 $89
Camry XLE $182 $368 $382 $22 $114 $1,068 $89
Camry Hybrid $206 $368 $430 $26 $128 $1,158 $97
Get Your Own Custom Quote Go

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, safe-driver, and multi-vehicle. Price information does not factor in zip code location which can raise or lower prices considerably.

Using the data above, we can ascertain that using a $100 deductible costs an average of $41 more each month or $492 every year than selecting the higher $1,000 deductible. Since the policyholder would be required to pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you average at a minimum 22 months between claim filings, you would probably come out ahead by selecting a higher deductible. Below is a better example of how you can perform this determination yourself.

Average monthly premium for $100 deductibles: $131
Average monthly premium for $1,000 deductibles (subtract): - $90
Monthly savings from raising deductible: $41
Difference between deductibles ($1,000 - $100): $900
Divide difference by monthly savings: $900 / $41
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 22 months

Difference between full coverage and liability only rates

The illustration below illustrates the comparison of Toyota Camry auto insurance costs with full physical damage coverage compared to only buying liability only. The data is based on no claims or driving violations, $500 deductibles, single male driver, and no discounts are taken into consideration.

When to drop comp and collision

There is no definitive rule for phasing out physical damage insurance, but there is a general convention. If the annual cost of your full coverage insurance is more than about 10% of any settlement you would receive from your insurance company, then it could be time to drop full coverage.

For example, let's say your Toyota Camry replacement cost is $8,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, you would only receive $7,000 after paying the physical damage deductible. If it's costing you more than $700 a year for your policy with full coverage, then it might be time to buy liability only.

There are some conditions where buying only liability insurance is not recommended. If you haven't paid off your loan, you are required to maintain full coverage in order to keep the loan. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should not eliminate full coverage.

Rate increases following a ticket or accident

The chart below demonstrates how citations and accident claims increase Toyota Camry auto insurance costs for different insured age categories. The premium estimates are based on a single male driver, full physical damage coverage, $250 deductibles, and no discounts are applied to the premium.

Exclusive versus independent insurance agents

Many drivers would prefer to have an agent's advice and that is OK! One of the great benefits of getting online price quotes is that you can find the lowest rates and also buy local. And supporting local insurance agents is important especially in San Antonio.

Insurance agency in San AntonioAfter completing this quick form, the quote information is sent to agents in your area who want to provide quotes for your auto insurance coverage. There is no reason to search for any insurance agencies due to the fact that quote results will go instantly to you. It's the lowest rates without requiring a lot of work. If you wish to compare prices from a particular provider, you can always find their quoting web page and fill out the quote form the provide.

If you are searching for a reliable agent, it's important to understand the different types of agents and how they can service your needs differently. Auto insurance agencies are categorized either independent or exclusive depending on the company they work for.

Independent Auto Insurance Agencies

Agents of this type do not write with just one company and that is an advantage because they can write policies amongst many companies and get you the best rates possible. If they find a cheaper price, the business is moved internally without you having to go to a different agency.

If you are comparing auto insurance prices, we recommend you include a couple of independent agencies for maximum quote selection.

Listed below is a partial list of independent agents in San Antonio who may provide free auto insurance quotes.

7330 San Pedro Ave #150 - San Antonio, TX 78216 - (210) 738-3537 - View Map

1534 W Contour Dr #101 - San Antonio, TX 78212 - (210) 828-7873 - View Map

Garcia Insurance Agency
1255 SW Military Dr - San Antonio, TX 78221 - (210) 593-8935 - View Map

More San Antonio agents

Exclusive Insurance Agents

These agents can only write with one company like Farmers Insurance, Allstate, or State Farm. Exclusive agents are unable to provide prices from multiple companies so they really need to provide good service. Exclusive agencies are trained well on their company's products which can be an advantage.

The following are exclusive insurance agencies in San Antonio who can help you get comparison quotes.

3103 SE Military Dr #102 - San Antonio, TX 78223 - (210) 333-1030 - View Map

430 W Loop 1604 N Suite 112 - San Antonio, TX 78251 - (210) 682-1200 - View Map

14425 Brook Hollow Blvd Suite 101 - San Antonio, TX 78232 - (210) 494-7695 - View Map

More San Antonio agents

Finding a good insurance agency requires more thought than just the quoted price. Any agent in San Antonio should be forthright in answering these questions:

Why auto insurance is not optional

Despite the high cost, insurance is required in Texas but it also protects you in many ways.

The benefits of insuring your Camry more than cancel out the cost, especially if you ever need it. In a recent study of 1,000 drivers, the average customer overpays as much as $865 each year so compare rate quotes once a year at a minimum to help ensure money is not being wasted.

Car insurance specifics

Knowing the specifics of a car insurance policy helps when choosing the best coverages for your vehicles. The terms used in a policy can be difficult to understand and coverage can change by endorsement. Shown next are the normal coverages found on most car insurance policies.

Uninsured or underinsured coverage - This gives you protection from other motorists when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as damage to your Toyota Camry.

Because many people have only the minimum liability required by law (30/60/25 in Texas), their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Normally these coverages are set the same as your liability limits.

Collision coverages - Collision insurance pays to fix your vehicle from damage from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as backing into a parked car, scraping a guard rail and hitting a mailbox. This coverage can be expensive, so you might think about dropping it from older vehicles. Drivers also have the option to increase the deductible on your Camry to save money on collision insurance.

Comprehensive protection - Comprehensive insurance pays for damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like hitting a deer, hail damage, theft and a broken windshield. The highest amount a car insurance company will pay at claim time is the market value of your vehicle, so if the vehicle's value is low consider dropping full coverage.

Medical expense coverage - Med pay and PIP coverage reimburse you for short-term medical expenses such as funeral costs, ambulance fees, doctor visits and pain medications. The coverages can be used in conjunction with a health insurance program or if you are not covered by health insurance. It covers both the driver and occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Liability auto insurance - This coverage will cover injuries or damage you cause to other people or property. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 30/60/25 which means a $30,000 limit per person for injuries, $60,000 for the entire accident, and a limit of $25,000 paid for damaged property. Occasionally you may see one number which is a combined single limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage pays for claims like medical expenses, medical services, structural damage and legal defense fees. How much coverage you buy is a personal decision, but consider buying as large an amount as possible. Texas requires minimum liability limits of 30/60/25 but drivers should carry more coverage.

What is YOUR best insurance company?

While you're price shopping online, do not sacrifice coverage to reduce premiums. Too many times, consumers will sacrifice uninsured motorist or liability limits only to discover later that it was a big error on their part. The aim is to purchase plenty of coverage for the lowest price.

The cheapest Toyota Camry insurance in San Antonio can be bought from both online companies and from local agencies, and you should be comparing both in order to have the best price selection to choose from. There are still a few companies who may not provide the ability to get a quote online and most of the time these smaller providers sell through independent insurance agents.

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