Are you tired of trying to find cheaper auto insurance rates in Orlando, FL? Orlando buyers have many options when searching for affordable Toyota Camry Hybrid insurance. They can either spend hours driving around getting price quotes or utilize the internet to get rate quotes.
There are both good and bad ways to buy auto insurance so we’re going to tell you the absolute fastest way to price shop coverage for a Toyota and obtain the lowest price either online or from Orlando insurance agents.
Car insurance providers offering affordable rate quotes in Florida
The companies shown below can provide comparison quotes in Florida. To locate cheaper auto insurance in Orlando, we suggest you get rate quotes from several of them to get the best price comparison.
Toyota Camry Hybrid detailed coverage information
The rate information displayed below outlines a range of insurance rates for Toyota Camry Hybrid models. Having a good understanding how rates are formulated can benefit drivers when making smart choices when purchasing an auto insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Camry Hybrid | $254 | $532 | $532 | $32 | $160 | $1,510 | $126 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-vehicle, and multi-policy. Premium costs do not factor in your specific Orlando location which can revise premiums considerably.
Insurance deductibles
One of the hardest decisions when shopping for insurance is what deductibles to buy. The data tables below may help to conceptualize the premium difference when you choose different coverage deductibles. The first data set uses a $100 physical damage deductible and the second price grid uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Camry Hybrid | $406 | $764 | $472 | $28 | $142 | $1,837 | $153 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Camry Hybrid | $224 | $402 | $472 | $28 | $142 | $1,268 | $106 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, homeowner, and safe-driver. Table data does not factor in your specific Orlando location which can lower or raise coverage prices significantly.
Based on these figures, using a $100 deductible costs an average of $47 more each month or $564 for a full year across all Toyota Camry Hybrid models than choosing the higher $1,000 deductible. Since you would pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you normally average at a minimum 19 months between claim filings, you would come out ahead going with the higher deductible.
Car insurance discounts help lower rates for Toyota Camry Hybrid insurance in Orlando
Companies don’t always list every discount available very clearly, so here is a list a few of the more well known and also the lesser-known discounts that may be available.
- Payment Method – If paying your policy premium upfront as opposed to paying monthly you may reduce your total bill.
- Senior Discount – If you qualify as a senior citizen, you are able to get better car insurance rates.
- Multiple Policy Discount – When you have multiple policies with the same company you will save up to 20% and get you affordable Toyota Camry Hybrid insurance rates in Orlando.
- Theft Deterrent – Cars and trucks equipped with anti-theft or alarm systems have a lower chance of being stolen and earn discounts up to 10% off your Orlando car insurance quote.
- Discounts for Federal Employees – Active or retired federal employment can save as much as 8% but check with your company.
- Discount for Home Ownership – Simply owning a home can get you a discount since owning and maintaining a home means you have a higher level of financial diligence.
One thing to note about discounts is that most of the big mark downs will not be given to all coverage premiums. Some only reduce the cost of specific coverages such as liability and collision coverage. So even though you would think it’s possible to get free car insurance, company stockholders wouldn’t be very happy.
The illustration below illustrates the comparison of Toyota Camry Hybrid premium costs with and without discounts applied to the rates. Data assumes a male driver, no accidents, no driving violations, Florida state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-policy, claim-free, marriage, multi-car, and homeowner discounts applied.
Larger car insurance companies and a partial list of their discounts are outlined below.
- GEICO has discounts for five-year accident-free, multi-policy, daytime running lights, multi-vehicle, air bags, and defensive driver.
- Mercury Insurance may offer discounts for low natural disaster claims, multi-policy, anti-theft, annual mileage, and type of vehicle.
- Farmers Insurance includes discounts for switch companies, youthful driver, early shopping, electronic funds transfer, and alternative fuel.
- Auto-Owners Insurance offers discounts for anti-lock brakes, safe driver, company car, paid in full, student away at school, group or association, and anti-theft.
- Liberty Mutual discounts include new vehicle discount, multi-policy, exclusive group savings, teen driver discount, hybrid vehicle, preferred payment discount, and newly retired.
- SAFECO offers discounts including multi-car, homeowner, drive less, teen safe driver, safe driver, anti-lock brakes, and bundle discounts.
- Progressive offers premium reductions for good student, online quote discount, online signing, multi-vehicle, homeowner, and multi-policy.
- USAA may include discounts for loyalty savings, vehicle storage, safe driver, good student, driver training, multi-policy, and military installation.
Before you buy a policy, ask all companies you are considering which discounts they offer. All car insurance discounts might not be offered everywhere. To see insurers with discount rates in Florida, click here to view.
The Toyota Camry Hybrid Insurance Premium Equation
When buying insurance it’s important to understand some of the things that come into play when calculating the rates you pay for insurance. When you know what positively or negatively determines premiums, this allows you to make good choices that could result in lower insurance prices.
Listed below are some of the items insurance companies consider when setting premiums.
-
Pay more by driving carelessly – Having a clean driving record has a lot to do with how much you pay for insurance. Attentive drivers receive lower rates than their less careful counterparts. Getting just one citation could increase your next policy renewal forty percent or more. Drivers who get careless tickets such as DWI, reckless driving or hit and run convictions may need to prove financial responsibility to the state department of motor vehicles in order to continue driving.
The diagram below highlights how speeding tickets and at-fault accidents can influence Toyota Camry Hybrid car insurance rates for each age group. The prices are based on a married female driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are taken into consideration.
-
Lower performance equals lower insurance costs – The performance of the vehicle you are trying to find cheaper insurance for makes a substantial difference in determining your rates. The lowest performance passenger cars usually have the lowest rates, but there are many factors that impact the final cost.
The chart below uses these assumptions: married female driver age 40, full coverage with $500 deductibles, and no discounts or violations. It illustrates Toyota Camry Hybrid insurance premiums compared to other models of vehicles that have a range of performances.
-
Costs also based on gender – Over the last 50 years, statistics have shown women are more cautious behind the wheel. The data does not necessarily mean that males are worse at driving than females. Both genders cause auto accidents in similar numbers, but the male of the species get into accidents with more damage. Men also get more serious tickets like driving under the influence (DUI). Young males tend to get in the most accidents and thus pay the highest rates.
The example below illustrates the comparison of Toyota Camry Hybrid insurance costs for male and female drivers. The information is based on no accidents, no driving violations, full physical damage coverage, $250 deductibles, drivers are single, and no other discounts are factored in.
- Always keep your coverage in place – Having an insurance coverage lapse can be a quick way to increase your renewal premiums. In addition to paying higher rates, the inability to provide proof of insurance might get you a license revocation or jail time.
-
Insurance losses for a Toyota Camry Hybrid – Companies analyze historical claim data as a tool for profitable underwriting. Vehicles that have higher claim frequency or loss amount will have higher rates.
The data below shows the historical loss data for Toyota Camry Hybrid vehicles. For each policy coverage type, the claim probability for all vehicles, regardless of make or model, is a value of 100. Numbers under 100 suggest a positive loss record, while percentage numbers above 100 indicate frequent claims or a tendency for claims to be larger.
Insurance Loss Ratings for Toyota Camry Hybrid Vehicles Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Toyota Camry Hybrid 124 100 110 118 127 96 BETTERAVERAGEWORSEData Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Car insurance is available from local insurance agents
Many people just prefer to get advice from a local agent and doing that can be a smart decision Most agents are very good at helping people manage risk and will help you if you have claims. One of the great benefits of price shopping on the web is you may find the lowest rates but still work with a licensed agent. And providing support for local agencies is still important in Orlando.
By using this short form, your coverage information is transmitted to participating agents in Orlando who can give free rate quotes for your insurance coverage. You never need to leave your computer because prices are sent directly to your email. If for some reason you want to quote rates from one company in particular, you just need to go to their quote page and give them your coverage information.
Pick the best car insurance agent in Orlando for you
When narrowing the list to find a good Orlando insurance agent, you must know there are a couple different agency structures and how they can service your needs differently. Agents in Orlando can be classified as either independent or exclusive depending on the company they work for. Both types can do a good job, but it’s important to know the subtle differences because it can factor into which agent you choose.
Independent Agencies or Brokers
Agents that elect to be independent are not locked into one company so they can quote policies with lots of companies and find you cheaper rates. If premiums increase, your agent can just switch to a different company and you don’t have to switch agencies.
When comparison shopping, it’s recommended you include rate quotes from independent agents in order to have the best price comparison. Most also have access to small mutual carriers that can offer cheaper rates than bigger companies.
Shown below is a partial list of independent insurance agencies in Orlando who can help you get cheap rate quotes.
- Caple Howden Insurance Agency
10222 E Colonial Dr – Orlando, FL 32817 – (407) 657-8808 – View Map - State and Co Insurance Agency
605 E Robinson St #450 – Orlando, FL 32801 – (407) 334-7505 – View Map - Orlando Health Insurance Agent
7898 Canyon Lake Cir – Orlando, FL 32835 – (321) 446-6527 – View Map
Exclusive Agents
These agents can only provide pricing for a single company like State Farm, Allstate, or Farmers Insurance. Exclusive agencies are unable to provide rate quotes from other companies so if the price isn’t competitive there isn’t much they can do. Exclusive agents are well schooled on their products and sales techniques and that can be a competitive advantage. Consumers often buy from the same agent for years partially due to the brand rather than having low rates.
Shown below is a list of exclusive agencies in Orlando that can give you rate quotes.
- Terri Marshall – State Farm Insurance Agent
5555 E Michigan St #104 – Orlando, FL 32822 – (407) 380-5689 – View Map - Allstate Insurance: Domingo Bravo
9330 Narcoossee Rd – Orlando, FL 32827 – (407) 281-6300 – View Map - Henry Wahl – State Farm Insurance Agent
417 Summerlin Avenue – Orlando, FL 32801 – (407) 895-5285 – View Map
Finding the right insurance agent requires you to look at more than just a low price. The questions below may impact your decision as well.
- Is insurance their full-time profession?
- Will the agent help in case of a claim?
- Did they already check your driving record and credit reports?
- Do they prorate repair cost based on vehicle mileage?
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
A little work can save a LOT of money
Drivers leave their current company for many reasons like extreme rates for teen drivers, questionable increases in premium, poor customer service or high rates after DUI convictions. Regardless of your reason for switching companies, switching auto insurance companies is not as difficult as it may seem.
Some insurance companies may not have online rate quotes and most of the time these regional insurance providers prefer to sell through independent insurance agencies. Cheap Toyota Camry Hybrid insurance in Orlando can be bought both online and from local insurance agents, so compare prices from both to have the best selection.
In this article, we covered many tips how you can save on Toyota Camry Hybrid insurance in Orlando. The key thing to remember is the more times you quote, the higher your chance of finding affordable Orlando car insurance quotes. Drivers may even discover the best price on auto insurance is with some of the smallest insurance companies.
How to buy lower priced Toyota Camry Hybrid insurance in Orlando
To save the most money, the best way to find cheaper quotes for Toyota Camry Hybrid insurance is to do an annual price comparison from insurance carriers who provide auto insurance in Orlando.
- First, try to learn about the coverage provided by your policy and the factors you can control to drop your rates. Many policy risk factors that increase rates such as tickets, at-fault accidents, and a less-than-favorable credit score can be eliminated by paying attention to minor details.
- Second, compare rates from direct, independent, and exclusive agents. Exclusive and direct companies can only give rate quotes from a single company like Progressive or State Farm, while agents who are independent can provide price quotes from multiple sources. View insurance agents
- Third, compare the price quotes to the premium of your current policy to determine if switching companies saves money. If you find a lower rate quote and change companies, make sure there is no lapse in coverage.
- Fourth, provide notification to your current agent or company to cancel the current policy. Submit a completed policy application and payment for the new policy. When you receive it, keep your new certificate verifying proof of insurance in an accessible location in your vehicle.
An essential thing to point out is to try to compare identical coverage information on every quote and and to get quotes from all possible companies. Doing this provides an apples-to-apples comparison and a complete selection of prices.
Additional information
- Rental Reimbursement Coverage (Allstate)
- Who Has Affordable Auto Insurance Quotes for a Company Car in Orlando? (FAQ)
- Who Has Cheap Orlando Auto Insurance for Teachers? (FAQ)
- What Insurance is Cheapest for College Students in Orlando? (FAQ)
- Should I Buy a New or Used Car? (Allstate)
- Preventing Carjacking and Theft (Insurance Information Institute)
- Anti-Lock Brake FAQ (iihs.org)