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, Insuranceopedia, 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, which remains competitive with the projected 2026 national full-coverage average of about $2,496 per year (a near-flat 0.67% increase, the smallest year-over-year change since 2022 after big jumps in 2023, 2024, and 2025). State minimum coverage runs closer to $1,083 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 $30,160 for the Hybrid LE and topping out near $37,295 for a loaded XSE. This is the second consecutive year the Camry has been sold exclusively as a hybrid in the U.S. 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 $37,300 for a loaded 2026 XSE) 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 how car insurance premiums are calculated 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 the Camry Hybrid averaging roughly $159 per month for full coverage (about $1,910 per year with the cheapest carrier, USAA), which is comparable to or slightly lower than most sedans. Edmunds' True Cost to Own model for the 2026 Camry Hybrid estimates first-year full-coverage insurance closer to $1,423, rising to about $1,633 by year five, showing how wide the range can be depending on driver profile.

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 5-year period, total insurance costs for both versions are estimated to be nearly equal, and the hybrid's superior fuel efficiency (an EPA-estimated 46 mpg combined, up to 51 mpg on the LE FWD) can further offset any marginal premium differences over time. To understand how your vehicle's powertrain type affects overall ownership cost, our guide on the most and least expensive cars to insure breaks down where the Camry falls in the broader market.

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: Insurify, Compare.com, Insure.com, Insuranceopedia, 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, but eligibility is restricted to military members, veterans, and their families. For everyone else, State Farm and GEICO are the next most competitive major carriers for Camry owners in 2026. State Farm has been particularly aggressive lately, reducing auto rates by roughly 10% over the past year, which returned about $4.6 billion in premium reductions to policyholders. Erie Insurance is called out by Insure.com and Insuranceopedia as the single cheapest option for a Camry where it's available, though its regional footprint is limited to about a dozen states. Progressive remains competitive for high-risk drivers thanks to its Snapshot telematics program. For a full breakdown of today's top carriers, see our GEICO car insurance review and our roundup of the best auto 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:

The Honda Accord edges out the Camry by only a few dollars per month, while the Nissan Altima tends to run higher due to historical theft rates and available performance trims. You can explore a similar breakdown in our Honda Civic insurance cost guide to see how compact cars compare, or check our full cost to insure a Toyota analysis across the brand's lineup.

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 essentially flat in 2026, with an average increase of just 0.67%, the smallest year-over-year change since 2022. More than half of U.S. states are expected to see rate decreases this year, but a few (New Jersey +10.46%, Nevada +6.42%, California +6.13%, New York +6.02%) are still rising. Drivers who shop around or renegotiate at renewal can capture meaningful savings even in a flat market. Get at least three to five quotes each renewal cycle. Our guide on how to compare car insurance quotes apples-to-apples walks you through the process step by step so you're comparing genuinely equivalent coverage.

2. Bundle Your Policies

Combining your auto insurance with homeowners or renters insurance through the same provider can knock 10-25% 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 5-20% 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 discounts of up to 30-40%. Camry drivers with clean records and low mileage tend to do very well in these programs. Nationwide's SmartRide is particularly attractive because it caps discounts at 40% with no risk of a rate increase for less-than-perfect driving. If you want to see how a telematics-first carrier stacks up, our GEICO car insurance review breaks down DriveEasy in detail.

5. Raise Your Deductible

Increasing your deductible from $500 to $1,000 can lower your full coverage premium by 10-20%, 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 car insurance by vehicle type works can also help you match your deductible to your Camry's actual value.

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 40-50%, and a DUI can spike premiums by 65-200%. Defensive driving courses, often available online, can both improve your habits and qualify you for additional discounts of 5-15%. 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 $195-$285 for full coverage and $105-$150 for liability-only, depending on your model year, insurer, and location. Newer 2025-2026 Camrys sit at the higher end of that range. Your personal rate will also be shaped by your age, driving record, location, and chosen coverage limits. Drivers in high-cost states like Louisiana ($327/month), Nevada ($335/month), or Florida ($311/month) may pay significantly more than those in lower-cost states like Vermont, Idaho, or Iowa.

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, roughly $148 less than the $3,037 national vehicle average. It's just a few dollars per month more than the Honda Accord and noticeably cheaper than the Nissan Altima. The Camry's strong safety ratings and widespread availability of parts help keep claims manageable for insurers.

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

Not significantly. In 2026, the Camry Hybrid averages about $159 per month for full coverage with the cheapest major carriers, which is comparable to or slightly less than many gas Camry averages nationally. Any small premium differences are usually offset by the hybrid's superior fuel efficiency (up to 51 mpg on the LE FWD). See our how to lower car insurance guide to discover 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 $138 per month for full coverage on a recent Camry. For non-military drivers, State Farm ($165/month) and GEICO ($164/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 to find your personal best rate.

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 $37,295 for a loaded 2026 XSE) 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.