Prachi is an insurance writer with a master's degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.
Leslie Kasperowicz is an insurance expert with four years of direct agency experience and over a decade of creating educational content to help insurance shoppers make confident, informed decisions.
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Car insurance rates vary depending on the make, model and trim level of your vehicle. According to our data analysis, the average cost to insure a Toyota Camry is $2,425 per year or $202 per month. However, your actual rate may be higher or lower depending on things like where you live, your age, your driving record and other personal factors.
The auto insurance rates also change based on the vehicle's model year. For example, the 2024 Toyota Camry costs $2,425, whereas the 2023 Toyota Camry costs $2,434 annually. This is $9 more than the 2024 rates.
GEICO offers the cheapest annual rate for 2024 Toyota Camry at $1,912 per year.
Below, we'll look at Toyota Camry insurance rates and show you how to save.
Average insurance cost of Toyota Camry by model year
| Year of Toyota Camry model | Average cost to insure |
|---|---|
| 2024 | $2,425 |
| 2023 | $2,434 |
| 2022 | $2,368 |
| 2021 | $2,285 |
| 2020 | $2,214 |
Compare Camry insurance rates by state
| Company | Style | Average annual premium |
|---|---|---|
| Nationwide | 2WD 4 Door Sedan Convenience and Audio Pkg DOHC Hybrid | $2,292 |
| Nationwide | 2WD 4 Door Sedan Convenience Pkg DOHC Hybrid | $2,292 |
| State Farm | 2WD 4 Door Sedan Convenience and Audio Pkg DOHC Hybrid | $2,358 |
| State Farm | 2WD 4 Door Sedan Convenience Pkg DOHC Hybrid | $2,359 |
| GEICO | 2WD 4 Door Sedan Convenience and Audio Pkg DOHC Hybrid | $2,494 |
| GEICO | 2WD 4 Door Sedan Convenience Pkg DOHC Hybrid | $2,497 |
| Progressive | 2WD 4 Door Sedan Convenience and Audio Pkg DOHC Hybrid | $3,069 |
| Progressive | 2WD 4 Door Sedan Convenience Pkg DOHC Hybrid | $3,069 |
| Allstate | 2WD 4 Door Sedan Convenience and Audio Pkg DOHC Hybrid | $4,392 |
| Allstate | 2WD 4 Door Sedan Convenience Pkg DOHC Hybrid | $4,770 |
Toyota Camry insurance rates per year
2024 Toyota Camry insurance rates
Rank Company Average annual premium 1 GEICO $1,912 2 Nationwide $2,016 3 State Farm $2,123 4 Progressive $2,363 5 Farmers $3,059 6 Allstate $3,079 2023 Toyota Camry insurance rates
Rank Company Average annual premium 1 GEICO $1,898 2 State Farm $2,099 3 Nationwide $2,187 4 Progressive $2,327 5 Farmers $3,041 6 Allstate $3,050 2022 Toyota Camry insurance rates
Rank Company Average annual premium 1 GEICO $1,807 2 State Farm $2,061 3 Nationwide $2,190 4 Progressive $2,285 5 Allstate $2,871 6 Farmers $2,993 2021 Toyota Camry insurance rates
Rank Company Average annual premium 1 GEICO $1,749 2 State Farm $1,983 3 Nationwide $2,186 4 Progressive $2,214 5 Allstate $2,732 6 Farmers $2,847 2020 Toyota Camry insurance rates
Rank Company Average annual premium 1 GEICO $1,682 2 State Farm $1,901 3 Progressive $2,147 4 Nationwide $2,221 5 Allstate $2,609 6 Farmers $2,721 2019 Toyota Camry insurance rates
Rank Company Average annual premium 1 GEICO $1,651 2 State Farm $1,842 3 Progressive $2,099 4 Nationwide $2,143 5 Allstate $2,547 6 Farmers $2,668 2018 Toyota Camry insurance rates
Rank Company Average annual premium 1 GEICO $1,598 2 State Farm $1,791 3 Progressive $2,052 4 Nationwide $2,108 5 Allstate $2,434 6 Farmers $2,580 2017 Toyota Camry insurance rates
Rank Company Average annual premium 1 State Farm $1,580 2 GEICO $1,585 3 Progressive $1,936 4 Nationwide $1,960 5 Allstate $2,344 6 Farmers $2,485
Toyota insurance annual rates by model
Methodology
Data was fielded by Quadrant Information Services across all 50 states and Washington, D.C. for 1,161 vehicle models. More than 67 million data points from 57 insurance companies were analyzed.
Unless otherwise indicated, averages are based on our full coverage data set. This data set is based on:
- Bodily injury liability of $100,000 per person and $300,000 per incident
- Property damage liability of $100,000 per incident
- Comprehensive and collision deductibles of $500
- 40-year-old driver
- Honda Accord LX
- Good credit
- A clean driving record
- 12-mile commute, 10,000 annual mileage