A deductible is the amount you pay out of pocket before your insurance coverage kicks in. Typically, the higher your deductible amount, the lower your monthly car insurance premium will be.
Deductible example: Toyota Camry
For example, let's say you have a $500 deductible for your Toyota Camry car insurance. If you get into a covered accident that results in $5,000 of damage to your vehicle, your insurance will pay $4,500 towards repairs, and you'll be responsible for paying the initial $500.
How much deductibles on your Camry?
If you raise your deductible to $1,000, your monthly insurance premium will likely be lower, but you'll be responsible for paying the initial $1,000 if you get into an accident.
Choose the right deductibles
It's important to choose a deductible amount that you can afford to pay if you get into an accident. If you choose a high deductible but can't afford to pay it out of pocket, it could lead to financial strain.
Ultimately, the deductible you choose for your Toyota Camry car insurance will impact your monthly premium and out-of-pocket costs in the event of an accident. It's important to evaluate your personal financial situation and choose a deductible that best fits your needs.
Model Year | Average Annual Insurance Cost |
---|---|
2021 (Toyota Camry, LE) | $1,496 |
2020 | $1,474 |
2019 | $1,398 |
2018 | $1,372 |
2017 | $1,350 |
2016 | $1,306 |
2015 | $1,280 |
2014 | $1,266 |
2013 | $1,236 |
2012 | $1,202 |
2011 | $1,166 |
2010 | $1,140 |
On average, car insurance cost for a 2007 Toyota Camry is $90 a month, which is around $1.080 a year. Get personalised quotes from multiple insurance companies using our FREE service!
How does age of your car affect car insurance costs?
2007 Toyota Camry is a 18 years old vehicle. Older vehicles are typically cheaper to insure because they’re less valuable than newer models. On the other hand, newer models of Camry (2007) are eligible for many discounts for vehicles loaded with a long list of safety features, technology, anti-theft and driver assistance equipement. The most important safety features, that can earn you an auto insurance discount and are a standard on all modern Camry cars include: anti-lock braking systems (ABS), automatic seatbelts, air bags and traction control.Toyota Camry, GLX has engine power of 2399 cc, which means it is a medium-powered car. The downside is that high-powered vehicles are often considered more dangerous and therefore may increase premium rates. If you want to lower your car insurance rates, be sure to buy a car that isn't a high performer.
Insurance Company | New Vehicles * | Used Vehicles * |
---|---|---|
Allied | $796 | $768 |
GEICO | $585 | $537 |
Nationwide | $854 | $672 |
Progressive | $355 | $288 |
State Farm | $480 | $355 |
Texas Farm Bureau | $796 | $643 |
USAA | $633 | $537 |
* Rough estimate for a new vs 18 years old used Toyota Camry, GLX. Your insurance premium will always depend on your driving history, the level of coverage and on the exact models of vehicles you're comparing! |
Compare 2007 Toyota Camry car insurance quotes and find out who has the cheapest rates in 2023!
Finding the most affordable car insurance for your Toyota, Camry is not as hard as it used to be in the past. Here are some facts, that can help you lower auto insurance costs for your model of Toyota (made in 2007) at the best possible rate while maintaining adequate coverage. Choosing top-rated insurer near you, who provides perfect customer services and competitive prices, should be the first step when shopping for better policy. Below are some tips and tricks to help you get affordable Toyota Camry auto insurance quotes in 2023 and save money on your vehicle. The truth is that every driver will pay for the same coverage at the same company a completely different price!How much is car insurance for a 2007 Toyota Camry in 2023? As you can see below, the lowest rates are around $959.6, while the highest ones fluctuate around $2015.16 yearly. This price is influenced by many factors, and no single insurer can claim to be the low-price leader.
Insurance Company | Annual Rates (Estimate*) |
---|---|
GEICO | $1,022 |
American Family | $998 |
Erie | $997 |
Progressive | $1,175 |
State Farm | $1,294 |
Auto Owners | $1,150 |
State Auto | $1,363 |
Nationwide | $1,325 |
Farmers | $1,156 |
Allstate | $1,640 |
Safe Auto | $1,736 |
MetLife | $1,852 |
Victoria | $1,965 |
Allied | $1,387 |
Liberty Mutual | $1,653 |
Encompass | $2,058 |
* Just a rough estimate for 2007 Toyota Camry, GLX |
How to reduce your insurance premium costs?
Many people forget that the type of a car you get (model Camry, make Toyota) can have a huge impact on your car insurance costs. Some vehicles, such as: Honda Accord 2023, Toyota Corolla, Ford pickup, Nissan Altima, Toyota Camry 2021, Honda Civic, Ram pickup, Nissan Maxima, Dodge Caravan, Chevrolet pickup, Acura Integra, Cadillac Escalade and many others, are big targets for thieves (at least in 2016 - 2018). A higher deductible for your Toyota, Camry will also reduce your premiums because you pay more out of pocket if you have a claim. If you haven't had a traffic violation within 3 and more years and have a very good driving record a higher deductible might be a good bet. So, how can you reduce your insurance policy payments?- Don't ignore small regional insurers.
- Review your existing coverage and choose a higher deductible.
- Shopping around is the key to saving money on car insurance.
- Negotiate with an agent or directly with auto insurance company.
- Check for 2007 Camry car insurance discounts: good/safe driver, good student, multi-policy, homeowner (bundling).
- If you don't qualify for these discounts, explore other options available or switch the insurance company.
- Remember, that having a bad driving record, poor credit score or being a young driver (teen) is considered a risk by all insurance companies.
The most and least expensive 2007 Toyota Camry auto insurance rates by state!
How to calculate premium for Toyota Camry (2007) car insurance online? By using our insurance calculator, you can determine and calculate the cost of your insurance policy, check the average rates of car insurance for your age and location and find out if you are paying more or less than other people in your area. By reading the table below, you can compare the most and least expensive states for 2007 Camry (GLX) car insurance. Calculate your price online and get a free car insurance quote without using sensitive personal information such as your age, credit score, phone number, email or social security number (SSN).Rank | State | Lowest Rates | Highest Rates |
---|---|---|---|
1 | Vermont | $720 | $1,008 |
2 | Ohio | $729 | $1,027 |
3 | Idaho | $748 | $1,056 |
4 | Virginia | $777 | $1,104 |
5 | Iowa | $806 | $1,142 |
6 | New Hampshire | $844 | $1,161 |
7 | Wisconsin | $854 | $1,190 |
8 | North Dakota | $873 | $1,257 |
9 | Indiana | $892 | $1,324 |
10 | North Carolina | $912 | $1,372 |
11 | Pennsylvania | $921 | $1,449 |
12 | Utah | $940 | $1,468 |
13 | Maine | $950 | $1,497 |
14 | Massachusetts | $969 | $1,526 |
15 | Alaska | $979 | $1,545 |
16 | Tennessee | $988 | $1,583 |
17 | South Dakota | $998 | $1,670 |
18 | Nebraska | $1,008 | $1,718 |
19 | Minnesota | $1,017 | $1,746 |
20 | Illinois | $1,017 | $1,775 |
21 | Hawaii | $1,027 | $1,814 |
22 | Alabama | $1,036 | $1,842 |
23 | Oregon | $1,046 | $1,871 |
24 | Missouri | $1,056 | $1,938 |
25 | Washington | $1,104 | $2,006 |
26 | South Carolina | $1,113 | $2,054 |
27 | Kansas | $1,142 | $2,092 |
28 | New Mexico | $1,161 | $2,140 |
29 | Arizona | $1,190 | $2,159 |
30 | New York | $1,209 | $2,169 |
31 | National average | $1,247 | $2,197 |
32 | New Jersey | $1,267 | $2,265 |
33 | West Virginia | $1,305 | $2,284 |
34 | Mississippi | $1,334 | $2,313 |
35 | Maryland | $1,363 | $2,341 |
36 | Montana | $1,401 | $2,389 |
37 | Nevada | $1,430 | $2,409 |
38 | Arkansas | $1,449 | $2,447 |
39 | Kentucky | $1,459 | $2,485 |
40 | Oklahoma | $1,507 | $2,514 |
41 | Wyoming | $1,535 | $2,533 |
42 | Colorado | $1,574 | $2,581 |
43 | Texas | $1,603 | $2,601 |
44 | Delaware | $1,641 | $2,639 |
45 | Georgia | $1,679 | $2,648 |
46 | California | $1,718 | $2,677 |
47 | DC | $1,746 | $2,696 |
48 | Connecticut | $1,785 | $2,725 |
49 | Rhode Island | $1,804 | $2,735 |
50 | Florida | $1,833 | $2,792 |
51 | Louisiana | $1,871 | $2,831 |
52 | Michigan | $1,910 | $2,879 |
* Compare 2007 Toyota Camry car insurance rates by location and find out who has the best insurance quotes in your area in 2022 - 2023! Only rough calculation for adults with good credit score, driving history and accident-free driving. Choosing an auto insurance company is difficult, your actual rates may vary since the cost of your policy is influenced by many factors. |
Car Insurance for Teens, Young Drivers, Students, Seniors
Is it a good idea for a young driver to drive a car like 2007 Toyota Camry (Automatic transmission, basic rpm)? For insurers, teens are some of the high-risk drivers so you can expect car insurance rates to go up when you add a teen driver to the insurance policy. As you can see below, the average Toyota Camry annual insurance cost for a 16 year old is approximately $2207.08, while the cost of the same coverage for seniors aged 70 - 74 is $1017.176. How to lower car insurance rates for high risk drivers (teens, college students, new drivers, convicted drivers) is a very common question. There are a few tips. You can ask your insurance company for a low-mileage discount and usage-based discounts. Also choose a car wisely (Toyota, Camry have 2399 cc, engine power ps) and add your teen to your policy. Consider to increase your deductibles and adjust your existing coverage. Being younger than 18, 21, 25 years old means, you are statistically present a higher risk to insurance companies. How to save money on student car insurance?Your Age | Average Rate (Estimate*) |
---|---|
16 - 19 | $2,111 |
20 - 24 | $2,054 |
25 - 29 | $1,727 |
30 - 34 | $1,487 |
35 – 39 | $1,200 |
40 – 44 | $1,247 |
45 – 49 | $1,142 |
50 – 54 | $998 |
55 – 59 | $1,228 |
60 – 64 | $1,027 |
65 – 69 | $1,075 |
70 – 74 | $969 |
75 and more | $998 |
* Rough estimate for teens, adults and seniors who are driving Toyota Camry (2007) |
You know you need to insure your 2007 Front Toyota, Camry, but do you really know, how much should you pay for your coverage every month or year? Ask for quotes from multiple companies
Toyota Camry: Exterior Specs, Features & Options
The engine of Toyota, Camry (parameter not set cyl) is mated to a Automatic transmission, that in this case, sends power to the Front. Camry Sedan, 2399 CC (liter), engine power ps (98.6% of a brake horsepower) is matched to an GLX for 2007. The truth is that horsepower sells cars, but torque wins races! Some car insurance companies find that cars with a higher horsepower (Toyota, Camry has horsepower of engine power ps & 2399 cc's = cubic capacity measured in cubic centimeters) are involved in fewer auto insurance claims than those with less horsepower and torque. On the other hand, when a higher horsepower car is involved in a car accident, they usually cause more serious damage to others, which can affect car insurance rates. Model GLX has an engine torque of parameter not set nm & basic rpm. The power and maximum speed of the Toyota Camry vehicle (sorry, we do not know how fast will Toyota, Camry accelerate to 100 km per hour/100 Kph & sorry, we do not know the maximum speed of Toyota, Camry Kph top speed) are a powerful marketing tool, but for technically demanding drivers, it's the mass of the car (parameter not set kg is the weight of this model), its engine torque and the engine rotation speed.There are no videos (crash tests, overviews, owner reviews, manuals, youtube channels) related to Toyota, Camry. Add your own Toyota, Camry interior and exterior video, submit crash test for all models of Camry 2007. Submit latest video reviews of Toyota GLX and NHTSA (National Highway Traffic Safety Administration) crash test ratings & IIHS (Insurance Institute for Highway Safety) ratings and tests.
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