Toyota Camry Insurance Cost: Average Rates & Best Companies 2026

Toyota Camry Insurance Rates by Model Year

The Toyota Camry is one of America's best-selling sedans, and its insurance costs reflect a vehicle that insurers know well. Rates trend upward for newer model years, not simply because they're newer, but because advanced technology and higher vehicle values drive up potential claim costs. Here's a breakdown of average monthly premiums across model years based on 2026 quote data:

Sources: Insurify, Insure.com, The Zebra, Compare.com, MoneyGeek, ValuePenguin, 2026. Rates based on a 40-year-old driver with a clean record. Ranges reflect variation across insurers and driver profiles.

On an annual basis, full coverage for a Toyota Camry averages roughly $2,095 to $2,889 per year depending on the source, with Compare.com pegging the average at $2,088/year ($174/month) and Insure.com at the high end of $2,889. That sits close to Insurify's projected 2026 national full-coverage average of $2,158 per year and the mid-2026 tracker of about $2,237 (up roughly 1% from the end of 2025). State minimum coverage runs closer to $1,080 to $1,200 per year for drivers looking to keep costs lean. Learn more about what affects car insurance rates to see how your personal profile changes those baseline numbers.

The 2026 Camry is available across five hybrid trims (LE, SE, Nightshade, XLE, and XSE), with a starting MSRP of about $29,600 to $30,495 for the LE and topping out near $36,895 to $37,525 for a fully loaded XSE AWD, per Cars.com, KBB, and Edmunds. This is the second consecutive year the Camry has been sold exclusively as a hybrid in the U.S., pairing a 2.5-liter four-cylinder with electric motors for 225 horsepower in FWD and 232 horsepower in AWD. All 2026 models come standard with Toyota Safety Sense 3.0, which includes pre-collision braking with pedestrian detection, full-speed dynamic radar cruise control, lane departure alert with steering assist, lane tracing assist, road sign assist, proactive driving assist, and automatic high beams. Blind Spot Monitor with Rear Cross-Traffic Alert is also standard across the lineup.

Why Newer Camrys Cost More to Insure

It may seem counterintuitive that newer Camrys are safer than ever, yet cost more to insure. The answer lies in repair complexity and vehicle value. Modern Camrys (2022 and newer) are packed with Advanced Driver Assistance Systems (ADAS) including adaptive cruise control, automatic emergency braking, lane departure warning, and camera-based systems. When these components are involved in even a minor collision, repair costs can be substantial, requiring OEM parts, specialized technicians, and full sensor recalibration. Parts tariffs introduced in the last two years have added further upward pressure on repair costs across the industry.

Additionally, the higher MSRP of newer trims (approaching $37,525 for a loaded 2026 XSE AWD) means insurers face higher payouts on comprehensive and collision claims. The safety features help reduce the likelihood of accidents, which does lower liability-related costs, but the physical damage side of the equation goes up. A deeper dive into car insurance by vehicle type can help you anticipate these dynamics before you buy.

Hybrid vs. Gas: Which Camry Costs More to Insure?

Since 2025, all new Camrys sold in the U.S. are hybrid-only. If you're comparing a newer hybrid to an older gas model on the used market, the insurance cost differences are smaller than many drivers expect. In 2026, The Zebra shows Progressive as the cheapest carrier for the latest Camry at roughly $160 per month or $962 for a six-month full-coverage policy. MoneyGeek pegs GEICO as the most affordable overall for the Camry at just $131 per month for full coverage and $61 per month for minimum coverage, showing how wide the range can be depending on driver profile and location.

For the 2026 Camry Hybrid specifically, monthly premium ranges by trim look like this:

Source: The Zebra, Insurify, Edmunds, 2026. Estimates based on a 40-year-old with a clean record.

Over a five-year period, total insurance costs for both versions are estimated to be nearly equal, and the hybrid's superior fuel efficiency (an EPA-estimated 51 to 52 mpg combined on the LE FWD, dropping to about 43 mpg on the XSE AWD per Car and Driver) can further offset any marginal premium differences over time. To see how your vehicle's powertrain type affects overall ownership cost, our how much does it cost to insure a Toyota analysis breaks down where the Camry falls in the broader Toyota lineup.

Best Insurance Companies for Toyota Camry Owners

Not all insurers price the Camry the same way. Shopping around can save you hundreds of dollars per year. Here are the most competitive companies for Camry owners in 2026:

Sources: Compare.com, Insurify, Insure.com, MoneyGeek, The Zebra, LendingTree, 2026. Rates for a Toyota Camry, 40-year-old driver with clean record. Regional variation applies.

USAA consistently offers the lowest rates among traditional carriers (as low as $93 per month per Compare.com), but eligibility is restricted to military members, veterans, and their families. For everyone else, State Farm and GEICO are typically the next most competitive major carriers for Camry owners in 2026. MoneyGeek names GEICO the most affordable option for the Camry with full coverage starting at $131 per month and minimum coverage from $61 per month. Erie Insurance is called out by Insure.com as one of the cheapest options where available, though its regional footprint covers only about a dozen states plus D.C. LendingTree flags Travelers and State Farm at about $2,600 a year as some of the cheapest options for Camry owners who don't have military ties. For a full breakdown of today's top carriers, see our GEICO car insurance review, our State Farm car insurance review, and our roundup of the best car insurance companies in 2026.

How Camry Insurance Compares to Competitors

The Toyota Camry holds its own well against rivals in the mid-size sedan segment. Here's how it stacks up on 2026 average monthly premiums:

On the most directly comparable 2026 averages, MoneyGeek shows the Honda Accord at $2,082 per year, the Toyota Camry at $2,109 per year, and the Nissan Altima at $2,274 per year for full coverage, while a separate MoneyGeek analysis shows the Nissan Altima about $31 per month cheaper to insure than a 2025 Camry, adding up to roughly $372 a year. Compare.com data still gives the Camry a slight edge over the Accord in some driver profiles. Our Honda Civic insurance cost guide breaks down how compact cars compare, and our Geico vs Progressive head-to-head can help you narrow your shortlist.

How to Save on Toyota Camry Car Insurance

There are several proven strategies Camry owners can use to reduce their premiums without sacrificing coverage quality.

1. Shop and Compare Quotes Annually

National auto insurance prices are climbing again in the first half of 2026, with the average annual full-coverage premium up about 1% since the end of 2025 and now sitting near $2,237. Connecticut drivers are paying 10% more (about $251 extra annually) for full coverage compared to six months ago, the largest six-month increase in the country, and Connecticut is on pace for a full-year jump of about 15%, followed by Kentucky and West Virginia at roughly 8%, and Nevada and Illinois at about 6%. High-cost states like Maryland ($3,646/yr), Rhode Island ($3,611/yr), Michigan ($3,229/yr), and Georgia ($3,091/yr) top the rankings. Drivers who shop around at renewal can capture meaningful savings even in this rising market. Get at least three to five quotes each cycle. Our guide on how to compare car insurance quotes apples-to-apples walks you through the process step by step.

2. Bundle Your Policies

Combining your auto insurance with homeowners or renters insurance through the same provider can knock 10 to 25% off your total premium. Allstate, State Farm, and GEICO all offer meaningful multi-policy discounts, and carriers increasingly offer expanded "lifestyle bundles" that include pet or travel coverage as well.

3. Take Advantage of Safety Feature Discounts

The Camry comes standard with Toyota Safety Sense 3.0, which includes pre-collision braking, lane departure alert, lane tracing assist, adaptive cruise control, and proactive driving assist, plus Blind Spot Monitor with Rear Cross-Traffic Alert. Many insurers, including GEICO and State Farm, offer discounts of 5 to 20% for these factory-installed features. Always ask your insurer directly if your Camry's safety tech qualifies. Our guide on how to lower car insurance covers 15 proven strategies for reducing your premium.

4. Opt Into Telematics Programs

Programs like Progressive's Snapshot, State Farm's Drive Safe & Save, Nationwide's SmartRide, and GEICO's DriveEasy monitor your driving habits and can reward safe drivers with meaningful discounts. Progressive advertises average Snapshot savings of about $322 per year at program completion, and enrollees also get a participation discount for the first two policy terms. Nationwide's SmartRide is particularly attractive because it caps discounts at up to 40% with no risk of a rate increase for less-than-perfect driving. State Farm has also cut auto rates by an average of roughly 10% across 40 states in 2026, returning about $4.6 billion in premium savings to customers. Camry drivers with clean records and low mileage tend to do very well in these programs. See our Progressive car insurance review for a deeper look at Snapshot.

5. Raise Your Deductible

Increasing your deductible from $500 to $1,000 can lower your full coverage premium by 10 to 20%, potentially saving hundreds per year. Just make sure you have the savings to cover the higher out-of-pocket cost if you need to file a claim. Understanding how to research car insurance company reputation also helps you evaluate whether a cheap carrier will actually pay claims fairly.

6. Keep a Clean Driving Record

Your driving history is one of the biggest factors affecting your rate. A single at-fault accident can raise your Camry insurance by 40 to 50%, and a DUI can spike premiums by 65 to 200%. Defensive driving courses, often available online, can both improve your habits and qualify you for additional discounts of 5 to 15%. Learn more about finding cheap car insurance locally since ZIP code and driving record combine to shape your final price more than almost anything else.

Frequently Asked Questions

How much does it cost to insure a Toyota Camry per month?

The average monthly cost for Toyota Camry insurance in 2026 is approximately $175 to $271 for full coverage and $90 to $160 for liability-only, depending on your model year, insurer, and location. Newer 2025 and 2026 Camrys sit at the higher end of that range, while a 2016 to 2018 Camry can be insured for under $200 per month with full coverage. Your personal rate will also be shaped by age, driving record, location, and coverage limits. Drivers in high-premium states like Maryland, Rhode Island, and Michigan pay significantly more than those in cheaper states like Vermont, New Hampshire, or Idaho.

Is the Toyota Camry cheap to insure compared to other sedans?

Yes, the Toyota Camry is generally considered affordable to insure within the mid-size sedan class. Insure.com reports the Camry costs about $2,889 per year for full coverage, while MoneyGeek shows it closer to $2,109 per year, both in line with the mid-size segment. It trades the price crown with the Honda Accord depending on the data source, though MoneyGeek now shows the Nissan Altima about $31 per month cheaper. The Camry's strong safety ratings and widespread parts availability help keep claims manageable for insurers.

Does the Toyota Camry Hybrid cost more to insure than the gas version?

Not significantly. In 2026, Camry Hybrid full-coverage premiums with the cheapest major carriers run about $131 to $160 per month, comparable to or slightly less than many older gas Camry averages. Any small premium differences are usually offset by the hybrid's superior fuel efficiency (up to 51 to 52 mpg combined on the LE FWD). See our how to lower car insurance guide for savings that apply to any powertrain.

Which insurance company is cheapest for a Toyota Camry?

USAA consistently offers the lowest rates for eligible drivers (military members, veterans, and their families) at roughly $93 to $138 per month for full coverage on a recent Camry. For non-military drivers, GEICO (around $131 per month for full coverage per MoneyGeek) and State Farm (around $103 to $174 per month) are typically the most affordable major carriers in 2026, with Erie Insurance often the single cheapest where available. Always compare at least three to five quotes using our apples-to-apples comparison guide.

Why does a newer Camry cost more to insure even with better safety features?

Newer Camrys are equipped with sophisticated ADAS technology (sensors, cameras, and radar systems) that are expensive to repair or replace after even minor collisions. While these features reduce accident frequency, they significantly raise the cost of physical damage claims when accidents do occur. Additionally, a higher vehicle value (up to $37,525 for a loaded 2026 XSE AWD) means larger payouts on comprehensive and collision claims. This combination causes insurers to charge higher premiums for newer model years despite their improved safety records.