- Average Toyota Camry insurance is $1,678 per year, or $140 per month for full coverage.
- The cheapest Camry to insure is the base LE trim level at an estimated $1,548 per year. The most expensive is the XSE Hybrid at $1,790.
- When compared to the entire midsize car segment, the 2023 Camry ranks well at second out of 11 total comparison vehicles.
Toyota Camry insurance cost
Toyota Camry insurance costs an average of $1,678 per year. That’s $839 for a 6-month policy, or $140 per month for full coverage. Monthly insurance cost for a Camry ranges from $129 to $149, depending on the trim level being insured.
The chart below shows average Toyota Camry insurance for drivers aged 20 to 60 and also for three policy deductible levels. Higher deductibles lower your car insurance bill, while lower deductibles increase the cost. Rates shown are for a 2023 Toyota Camry and averaged for all trim levels.
Getting older has perks when buying an auto insurance policy. More mature drivers tend to have fewer at-fault accidents and better credit ratings and driving records. All these factors result in lower insurance rates.
Camry insurance rates by trim level
The Camry with the cheapest car insurance rates is the base LE trim level costing an average of $1,548 per year. The next cheapest model is the SE at $1,584, and coming in third is the LE AWD at $1,588 per year.
The average cost to insure a Camry is $1,678 per year, with trim level cost ranging from the cheapest LE at $1,548 per year up to the most expensive XSE Hybrid at $1,790 per year. That’s an insurance cost range of $242.
The table below shows average car insurance cost for all trim levels available for the 2023 Toyota Camry, including a monthly rate for budgeting purposes. Average Toyota Camry insurance cost per month ranges from $129 to $149 depending on the trim level.
| Toyota Camry Trim Level | Annual Policy | Six-Month Policy | Per Month |
|---|---|---|---|
| LE | $1,548 | $774 | $129 |
| SE | $1,584 | $792 | $132 |
| LE AWD | $1,588 | $794 | $132 |
| SE Nightshade | $1,610 | $805 | $134 |
| SE AWD | $1,622 | $811 | $135 |
| SE Nightshade AWD | $1,642 | $821 | $137 |
| XLE | $1,656 | $828 | $138 |
| XSE | $1,668 | $834 | $139 |
| XLE AWD | $1,682 | $841 | $140 |
| LE Hybrid | $1,684 | $842 | $140 |
| XSE AWD | $1,688 | $844 | $141 |
| TRD | $1,700 | $850 | $142 |
| SE Hybrid | $1,720 | $860 | $143 |
| SE Hybrid Nightshade | $1,738 | $869 | $145 |
| XLE V6 | $1,740 | $870 | $145 |
| XSE V6 | $1,756 | $878 | $146 |
| XLE Hybrid | $1,778 | $889 | $148 |
| XSE Hybrid | $1,790 | $895 | $149 |
As shown in the table, Camry insurance rates tend to increase right along with the trim level. So if you opt to purchase a model with more options, and hence a higher MSRP, you can expect the price you pay for car insurance to increase as well.
Midsize car insurance cost comparison
When comparing the $1,678 annual insurance cost of the Toyota Camry to all other midsize cars (excluding luxury cars) for 2023, the Camry ranks second out of 11 vehicles.
The table below shows how the Camry ranks against the rest of the 2023 midsize car segment for insurance affordability.
| Rank | Make/Model | Insurance Cost | Difference |
|---|---|---|---|
| 1 | Subaru Legacy | $1,626 | -$52 |
| 2 | Toyota Camry | $1,678 | -- |
| 3 | Kia K5 | $1,702 | $24 |
| 4 | Chevrolet Malibu | $1,716 | $38 |
| 5 | Honda Accord | $1,782 | $104 |
| 6 | Toyota Crown | $1,792 | $114 |
| 7 | Tesla Model 3 | $1,804 | $126 |
| 8 | Volkswagen Arteon | $1,850 | $172 |
| 9 | Nissan Altima | $1,882 | $204 |
| 10 | Hyundai Sonata | $1,966 | $288 |
| 11 | Kia Stinger | $1,998 | $320 |
Comparing average insurance rates for a Toyota Camry to midsize non-luxury car models with similar average MSRP can provide another useful insight. For the 2023 model year, the average dealer price on a Camry is $30,845, before destination charges and documentation fees.
The four models closest in average price to the Camry are the Hyundai Sonata, Subaru Legacy, Honda Accord, and Nissan Altima. The list below shows how those models compare to the Toyota Camry by purchase price and average car insurance rates.
- Toyota Camry vs. Hyundai Sonata – Having an average price of $30,856 ($24,950 to $35,700), the Hyundai Sonata costs $11 more than the average MSRP for the Camry. Insuring the Hyundai Sonata costs an average of $288 more per year than the Toyota Camry.
- Toyota Camry vs. Subaru Legacy – Having an average sticker price of $30,825 ($24,395 to $37,695), the 2023 Subaru Legacy costs $20 less than the average MSRP for the Camry. Insuring a 2023 Camry compared to the Subaru Legacy costs an average of $52 more per year.
- Toyota Camry vs. Honda Accord – The 2023 Honda Accord has an average sticker price of $31,964, ranging from $26,520 to $38,450, which is $1,119 more expensive than the average cost of the Camry. The average insurance cost for a 2023 Toyota Camry compared to the Honda Accord is $104 less each year.
- Toyota Camry vs. Nissan Altima – The Nissan Altima has an average MSRP of $29,490 ($25,290 to $34,990), which is $1,355 cheaper than the Camry. The cost to insure a Toyota Camry compared to the Nissan Altima is $204 less each year on average.
View additional car insurance cost comparisons for the Toyota Camry.
Toyota Camry prior model year insurance rates
The following sections detail average Toyota Camry car insurance rates for every trim level for the 2015 to 2022 model years.
2022 Toyota Camry insurance
Insurance rates for a 2022 Toyota Camry average $1,624 per year, or about $135 per month. Rates range from $1,518 per year for the Camry LE to $1,788 for the Camry XSE Hybrid.
| 2022 Toyota Camry Trim Level | Annual Rate | Per Month |
|---|---|---|
| LE | $1,518 | $127 |
| XLE | $1,526 | $127 |
| XLE AWD | $1,544 | $129 |
| LE AWD | $1,562 | $130 |
| SE | $1,578 | $132 |
| SE AWD | $1,590 | $133 |
| SE Nightshade Edition | $1,594 | $133 |
| SE Nightshade Edition AWD | $1,610 | $134 |
| XSE | $1,612 | $134 |
| XSE AWD | $1,626 | $136 |
| XLE V6 | $1,630 | $136 |
| XSE V6 | $1,660 | $138 |
| LE Hybrid | $1,662 | $139 |
| TRD | $1,674 | $140 |
| SE Hybrid Nightshade Edition | $1,706 | $142 |
| XLE Hybrid | $1,780 | $148 |
| XSE Hybrid | $1,788 | $149 |
2021 Toyota Camry insurance
Average insurance rates for a 2021 Toyota Camry are $1,636 per year, or around $136 per month. Rates range from $1,482 per year for the Camry L Sedan to $1,798 for the Camry Hybrid XLE Sedan.
Average 2021 Toyota Camry insurance cost per month ranges from $124 to $150 depending on the trim level.
| 2021 Toyota Camry Trim Level | Annual Rate | Per Month |
|---|---|---|
| L Sedan | $1,482 | $124 |
| LE Sedan | $1,498 | $125 |
| SE Sedan | $1,546 | $129 |
| XLE Sedan | $1,580 | $132 |
| XSE Sedan | $1,628 | $136 |
| Hybrid LE Sedan | $1,748 | $146 |
| Hybrid SE Sedan | $1,798 | $150 |
| Hybrid XLE Sedan | $1,798 | $150 |
2020 Toyota Camry insurance
Average insurance rates for a 2020 Toyota Camry are $1,612 per year, or around $134 per month. Rates range from $1,462 per year for the Camry L Sedan to $1,772 for the Camry Hybrid XLE Sedan.
Average 2020 Toyota Camry insurance cost per month ranges from $122 to $148 depending on the trim level.
| 2020 Toyota Camry Trim Level | Annual Rate | Per Month |
|---|---|---|
| L Sedan | $1,462 | $122 |
| LE Sedan | $1,476 | $123 |
| SE Sedan | $1,522 | $127 |
| XLE Sedan | $1,556 | $130 |
| XSE Sedan | $1,604 | $134 |
| Hybrid LE Sedan | $1,724 | $144 |
| Hybrid SE Sedan | $1,772 | $148 |
| Hybrid XLE Sedan | $1,772 | $148 |
2019 Toyota Camry insurance
Auto insurance rates for a 2019 Toyota Camry are $1,520 per year, or around $127 per month, for full coverage. Rates range from $1,252 per year for the Camry L Sedan to $1,650 for the Camry Hybrid XLE Sedan.
Monthly full-coverage car insurance rates for the 2019 Toyota Camry range from $104 to $138.
| 2019 Toyota Camry Trim Level | Annual Rate | Per Month |
|---|---|---|
| L Sedan | $1,252 | $104 |
| LE Sedan | $1,478 | $123 |
| SE Sedan | $1,478 | $123 |
| XLE Sedan | $1,558 | $130 |
| XSE Sedan | $1,558 | $130 |
| Hybrid LE Sedan | $1,604 | $134 |
| Hybrid SE Sedan | $1,604 | $134 |
| Hybrid XLE Sedan | $1,650 | $138 |
2018 Toyota Camry insurance
Average insurance rates for a 2018 Toyota Camry are $1,494 annually, or about $125 per month. Rates range from $1,336 per year for the Camry L Sedan to $1,608 for the Camry Hybrid XLE Sedan.
For the 2018 model year, the average monthly cost of car insurance on the Toyota Camry costs $111 to $134, depending on the trim level being insured.
| 2018 Toyota Camry Trim Level | Annual Rate | Per Month |
|---|---|---|
| L Sedan | $1,336 | $111 |
| LE Sedan | $1,400 | $117 |
| SE Sedan | $1,442 | $120 |
| XLE Sedan | $1,518 | $127 |
| XSE Sedan | $1,518 | $127 |
| Hybrid LE Sedan | $1,562 | $130 |
| Hybrid SE Sedan | $1,562 | $130 |
| Hybrid XLE Sedan | $1,608 | $134 |
2017 Toyota Camry insurance
Annual average insurance rates for a 2017 Toyota Camry are $1,448, or around $121 per month. Rates range from $1,352 per year for the Camry LE Sedan to $1,546 for the Camry Hybrid XLE Sedan.
Average 2017 Toyota Camry insurance cost per month ranges from $113 to $129, with the LE trim being cheapest and the Hybrid XLE model costing the most to insure.
| 2017 Toyota Camry Trim Level | Annual Rate | Per Month |
|---|---|---|
| LE Sedan | $1,352 | $113 |
| SE Sedan | $1,352 | $113 |
| XLE Sedan | $1,436 | $120 |
| XSE Sedan | $1,436 | $120 |
| Hybrid LE Sedan | $1,506 | $126 |
| Hybrid SE Sedan | $1,506 | $126 |
| Hybrid XLE Sedan | $1,546 | $129 |
2016 Toyota Camry insurance
Average full coverage insurance rates for a 2016 Toyota Camry are $1,370 per year, with monthly rates ranging from $111 to $118. By trim level, rates range from $1,336 per year for the Camry LE Sedan to $1,416 for the Camry XSE Sedan.
| 2016 Toyota Camry Trim Level | Annual Rate | Per Month |
|---|---|---|
| LE Sedan | $1,336 | $111 |
| SE Sedan | $1,336 | $111 |
| Hybrid LE Sedan | $1,350 | $113 |
| Hybrid SE Sedan | $1,350 | $113 |
| Hybrid XLE Sedan | $1,390 | $116 |
| XLE Sedan | $1,416 | $118 |
| XSE Sedan | $1,416 | $118 |
2015 Toyota Camry insurance
Average insurance rates for a 2015 Toyota Camry are $1,258 per year, or around $105 per month. Rates range from $1,164 per year for the Camry LE Sedan to $1,332 for the Camry Hybrid XLE Sedan.
| 2015 Toyota Camry Trim Level | Annual Rate | Per Month |
|---|---|---|
| LE Sedan | $1,164 | $97 |
| SE Sedan | $1,164 | $97 |
| XLE Sedan | $1,236 | $103 |
| XSE Sedan | $1,236 | $103 |
| Hybrid LE Sedan | $1,332 | $111 |
| Hybrid SE Sedan | $1,332 | $111 |
| Hybrid XLE Sedan | $1,332 | $111 |
Frequently asked questions
Shopping for the best Toyota Camry insurance can be difficult when you don’t have all the answers. The next section addresses a few popular questions commonly asked by consumers when buying and insuring a Camry.
As a reminder, if you already own a Camry and have a policy in place, always talk to a licensed insurance agent or customer service representative from your current company for answers to any questions you may have.
How much is Camry insurance?
Camry insurance costs an average of $1,678 per year, or about $140 per month, for a new 2023 model. Cost ranges from $1,548 per year for the Camry LE model up to $1,790 for the XSE Hybrid model. Older models generally cost less to insure, like the 2018 model which averages $1,494 per year.
Is a Camry expensive to insure?
Insurance for a Camry is very affordable. When compared to the U.S. national average car insurance rate of $1,685 per year, a Camry costs $7 less per year. The Toyota Camry ranks second out of 11 other midsize cars for most affordable car insurance rates.
Is car insurance cheaper for a Toyota Camry or a Honda Accord?
When compared to a Honda Accord, insurance for a Toyota Camry averages around $104 less per year. Our complete Camry vs. Accord insurance rate comparison goes into detail for many different model years.
Which Camry has the best insurance rates?
The cheapest Camry to insure will usually be the $25,945 base LE model at a cost of $1,548 per year. Generally speaking, the more a vehicle costs, the more it will cost to insure. As an example, the $33,520 XSE Hybrid model costs $1,790 per year to insure on average.
Is a Camry a good car for a teenager?
From an insurance standpoint, a Camry is a great car for a teen driver. Teenagers are the most expensive drivers to insure on any vehicle, so for drivers aged 16 to 19 you’re looking at between $4,734 and $5,966 per year for full coverage on a new Camry. However, you can reduce this cost by buying an older model, as well as either increasing deductibles or removing physical damage coverage entirely.
