Affordable Rates for Toyota Camry Insurance in Minneapolis

Discount Toyota Camry insuranceRegrettably, a large majority of insurance policyholders have remained with the same insurance company for four years or more, and nearly half have never compared insurance rates at all. Minnesota drivers could cut their rates by almost 50% a year just by comparing rates, but they underestimate the large savings they would see if they moved their coverage to a different company.

The best way we recommend to find better pricing on auto insurance rates in Minneapolis is to compare prices regularly from insurance carriers who provide auto insurance in Minnesota. Drivers can shop around by following these steps.

  1. Learn about the different coverages in a policy and the changes you can make to prevent expensive coverage. Many factors that are responsible for high rates like traffic tickets, fender benders, and an imperfect credit score can be amended by making lifestyle changes or driving safer.
  2. Compare prices from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only provide price estimates from one company like GEICO or Allstate, while independent agents can quote rates for many different companies.
  3. Compare the price quotes to your current policy and determine if there is any savings. If you find a better price and buy the policy, make sure coverage does not lapse between policies.

A tip to remember is that you’ll want to compare the same deductibles and limits on each price quote and and to analyze as many auto insurance providers as possible. Doing this enables the most accurate price comparison and many rates to choose from.

Finding the cheapest insurance coverage in Minneapolis is easy if you know what you’re doing. If you are insured now, you will surely be able to get lower rates using the techniques presented in this article. But Minnesota drivers need to have an understanding of how big insurance companies determine what you pay because rates fluctuate considerably.

Most major insurance companies such as State Farm, GEICO and Progressive allow consumers to get pricing directly from their websites. Comparing Toyota Camry insurance rates online doesn’t take much effort as you just enter the coverage amounts you desire into the form. After you complete the form, the system pulls your driving record and credit report and gives you a price quote based on the information you submitted.

Getting online rates for Toyota Camry insurance in Minneapolis simplifies rate comparisons, and it’s absolutely necessary to do this if you want to get the best insurance rates.

In order to find out if lower rates are available, compare quotes from the companies shown below. If you have coverage now, it’s recommended you duplicate your coverages as close as possible to your current policy. Doing this assures you will get a fair comparison for exact coverage.

The auto insurance companies shown below offer price quotes in Minnesota. If you want the cheapest auto insurance in Minneapolis, we recommend you visit two to three different companies in order to get a fair rate comparison.

Lower rate quotes with discounts

Auto insurance companies don’t always list every policy discount very clearly, so the list below gives a summary of a few of the more common as well as the least known discounts that may be available.Car insurance discounts

Please keep in mind that some credits don’t apply to the whole policy. Some only apply to individual premiums such as liability and collision coverage. Just because it seems like you would end up receiving a 100% discount, companies don’t profit that way. Any qualifying discounts will cut your overall bill.

The chart below shows the comparison of Toyota Camry premium costs with and without discounts applied. The data assumes a male driver, no violations or accidents, Minnesota state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, claim-free, multi-car, homeowner, safe-driver, and marriage discounts applied.

Companies and their offered discounts are:

When getting free Minneapolis auto insurance quotes, it’s a good idea to every prospective company how you can save money. Savings may not be offered everywhere.

Insurance coverage analysis

The coverage information shown below outlines a range of prices for Toyota Camry models. Learning as much as possible about how auto insurance prices are calculated can assist in making smart choices when comparing insurance rates.

Toyota Camry Insurance Rates in Minneapolis, MN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Camry LE $182 $306 $326 $20 $98 $932 $78
Camry SE $182 $362 $326 $20 $98 $988 $82
Camry XLE $182 $362 $326 $20 $98 $988 $82
Camry Hybrid $204 $362 $370 $22 $110 $1,068 $89
Get Your Own Custom Quote Go

Data rating is based on married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Minnesota minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, safe-driver, and claim-free. Estimates do not factor in your specific Minneapolis location which can change price quotes noticeably.

Accidents and violations increase rates

The chart below shows how speeding tickets and fender-benders can affect Toyota Camry insurance rates for each age group. The data assumes a married male driver, full coverage, $500 deductibles, and no additional discounts are factored in.

Minneapolis car insurance company ratings

Buying coverage from the highest-rated car insurance company is hard considering how many companies sell coverage in Minneapolis. The company ratings in the lists below may help you select which insurers to look at buying from.

Best Car Insurance Companies in Minneapolis
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
USAA 99 100 90 92% A++ 97.4
21st Century 89 86 100 88% A 92.7
GEICO 97 91 88 85% A++ 92.5
Nationwide 88 94 91 88% A+ 91.3
AAA Insurance 93 87 88 87% A 90.8
Liberty Mutual 91 91 92 87% A 90.7
Safeco Insurance 90 93 88 86% A 90.2
State Farm 91 94 80 88% A++ 90.2
Travelers 89 91 94 79% A++ 90.1
American Family 88 92 83 88% A 89.4
Titan Insurance 89 91 83 86% A+ 89.3
Allstate 90 90 84 85% A+ 89.1
Progressive 83 85 99 87% A+ 88.7
Mercury Insurance 87 95 87 84% A+ 88.3
The Hartford 87 89 84 87% A+ 88
Esurance 84 88 85 83% A+ 86
Farmers Insurance 79 88 84 87% A 84.7
The General 88 80 85 80% A- 84.5
Compare Rates Now Go

Data Source: Best Car Insurance Companies

Eight Things That Influence Your Insurance Premiums

A large part of saving on auto insurance is knowing the rating factors that help calculate auto insurance rates. When you understand what determines premiums, this allows you to make good choices that could help you find lower auto insurance prices. Lots of things are taken into consideration when you quote your car insurance policy. Most are fairly basic like an MVR report, but others are less obvious such as your marital status or your vehicle rating.