To save the most money, the best way to get low-cost Toyota Camry Hybrid insurance is to start comparing prices yearly from providers in Bakersfield.
- Take a few minutes and learn about car insurance and the measures you can take to prevent rate increases. Many factors that result in higher rates like accidents, traffic violations, and a bad credit score can be rectified by making minor changes in your lifestyle.
- Compare price quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only provide price estimates from one company like GEICO and State Farm, while independent agencies can quote prices from multiple insurance companies.
- Compare the new rate quotes to the price on your current policy and see if you can save money. If you can save some money and switch companies, make sure there is no lapse between the expiration of your current policy and the new one.
- Notify your current company of your intention to cancel your current policy. Submit the required down payment along with the signed application to your new carrier. When you receive it, store the certificate verifying proof of insurance along with your vehicle registration.
A valuable tip to remember is to use the same level of coverage on each quote and and to analyze every company you can. This guarantees an accurate price comparison and a complete rate analysis.
We don’t have to point out that fact that car insurance companies want to keep you from comparing rates. People who shop around annually will presumably move their business because there is a great chance of finding a cheaper policy. A recent survey revealed that consumers who regularly compared rates saved about $865 annually compared to policyholders who never shopped around for cheaper prices.
If finding the lowest price for insurance is the reason for your visit, then having a good understanding the best way to compare car insurance can help you be more efficient.
Most companies such as State Farm and Allstate provide prices for coverage directly from their websites. The process is easy for anyone as all you need to do is type in your personal and coverage information into a form. After you submit the form the system makes automated requests for reports for credit and driving violations and returns a price quote based on many factors.
This makes it easy to compare insurance prices and it is important to get many rate quotes in order to get the cheapest car insurance rates.
To quickly use this form to compare rates, compare rates now from the companies shown below. If you have a policy now, it’s recommended you copy your coverages identical to your current policy. This way, you’re receiving a price comparison based on similar coverages.
The companies in the list below have been selected to offer price comparisons in Bakersfield, CA. If multiple companies are shown, it’s highly recommended you visit as many as you can to get a more complete price comparison.
Toyota Camry Hybrid insurance statistics and information
The rate table shown below outlines different insurance prices for Toyota Camry Hybrid models. Having a good grasp of how policy rates are formulated is important to be able to make decisions when shopping your coverage around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Camry Hybrid | $490 | $810 | $654 | $38 | $196 | $2,188 | $182 |
| Get Your Own Custom Quote Go | |||||||
Table data represents single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-vehicle, and multi-policy. Table data does not factor in specific zip code location which can raise or lower coverage rates considerably.
Analysis of deductible levels
When shopping for car insurance, a common question is how low should you set your deductibles. The following tables sum up the differences in price when you select higher and lower physical damage coverage deductibles. The first data set uses a $100 comprehensive and collision deductible and the second rate table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Camry Hybrid | $430 | $810 | $500 | $30 | $150 | $1,945 | $162 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Camry Hybrid | $314 | $546 | $500 | $30 | $150 | $1,540 | $128 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Price estimates do not factor in specific location information which can impact prices greatly.
Based on the figures above, using a $100 deductible will cost in the ballpark of $34 more each month or $408 annually than opting for the higher $500 deductible. Because you would be required to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you tend to average at least 12 months between claim filings, you would probably save some money if you opt for a higher deductible.
The diagram below illustrates how your deductible choice and can affect Toyota Camry Hybrid insurance rates for different age groups. The premiums assume a married female driver, full coverage, and no policy discounts are applied.
Insurance is not optional in California
Despite the high cost, insurance is not optional due to several reasons.
- Just about all states have minimum liability requirements which means state laws require specific minimum amounts of liability insurance coverage in order to get the vehicle licensed. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If you took out a loan on your Toyota, most banks will have a requirement that you have insurance to protect their interest in the vehicle. If the policy lapses, the bank may insure your Toyota at a much higher rate and require you to pay for the much more expensive policy.
- Insurance safeguards both your vehicle and your personal assets. It also can pay for all forms of medical expenses for you, your passengers, and anyone else injured in an accident. As part of your policy, liability insurance also pays expenses related to your legal defense if you are sued as the result of an accident. If you have damage to your Toyota as the result of the weather or an accident, collision and comprehensive coverages will pay to have it repaired.
The benefits of insuring your Camry Hybrid more than cancel out the cost, particularly if you ever have a claim. According to a 2015 survey, the average American driver is currently overpaying as much as $750 every year so compare rates at every policy renewal to ensure rates are inline.
Lower Your Bakersfield Insurance Rates
An important part of buying insurance is that you know some of the factors that come into play when calculating the level of your policy premiums. If you know what influences your rates, this allows you to make good choices that could help you find cheaper rates. Many different elements are part of the calculation when pricing auto insurance. Some factors are common sense such as your driving record, but others are more obscure such as your credit history and annual miles driven.
Extra policy coverages can add up – Insurance companies have many extra coverages that may not really be needed if you aren’t careful. Coverages for vanishing deductibles, death and dismemberment, and term life insurance are some examples. You may think they are a good idea when buying your policy, but if you don’t need them get rid of them and save.
Never let your policy lapse – Driving without insurance coverage in place is against the law and any future policy may cost more because you let your insurance lapse. In addition to paying higher rates, failure to provide proof of insurance will get you a license revocation or jail time.
Premiums drop with age – Teen drivers in California tend to get distracted easily when behind the wheel so they pay higher insurance rates. More experienced drivers have been proven to be more responsible, statistically cause fewer accidents, and are safer drivers.
The data below uses these variables: single driver, full coverage with $250 deductibles, and no discounts or violations.
Avoid traffic tickets – Your driving citation history impacts your car insurance rates tremendously. Careful drivers receive lower rates than their less careful counterparts. Having a single driving citation can bump up the cost to the point where it’s not affordable. Drivers who have received serious violations like hit and run, DWI or reckless driving convictions may need to file a SR-22 with their state in order to prevent a license revocation.
The chart below demonstrates how traffic citations and fender-benders raise Toyota Camry Hybrid yearly insurance costs for each different age category. The premium estimates are based on a single male driver, full coverage, $100 deductibles, and no discounts are applied.
Your location is a factor – Residing in a small town may provide you with better prices if you are looking for the lowest rates. Fewer people means a lower chance of having an accident as well as less vandalism and auto theft. People who live in big cities have congested traffic and much longer commute distances. Spending more time driving means higher likelihood of an accident.
Car insurance liability insurance limits – Your insurance policy’s liability coverage will afford coverage in the event that you are ruled to be at fault for personal injury or accident damage. Liability insurance provides legal defense coverage to defend your case. It is affordable coverage as compared to coverage for physical damage, so drivers should make sure they buy enough to cover all assets.
Claims statistics for a Toyota Camry Hybrid – Insurance companies study historical loss data to help set a rate to offset losses. Vehicles that the data shows to have a higher amount or frequency of claims will have a higher premium rate.
The next table shows the insurance loss data used by companies for Toyota Camry Hybrid vehicles. For each type of coverage, the claim probability for all vehicles averaged together is represented as 100. Percentage values below 100 represent a good loss history, while values that are 100 or greater indicate more frequent claims or a tendency for claims to be larger.
| Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Toyota Camry Hybrid | 124 | 100 | 110 | 118 | 127 | 96 |
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Insurance discounts are available to lower rates
Car insurance can cost a lot, but you might find some hidden discounts that many consumers don’t even know exist. Certain credits will be shown when you quote, but some must be asked for in order for you to get them.
- Multi-line Discount – Insurance carriers who offer life insurance give better rates if you take out a life insurance policy as well.
- Good Student Discount – A discount for being a good student can save 20 to 25%. The discount lasts well after school through age 25.
- Professional Organizations – Affiliation with certain professional organizations is a good way to get lower rates on your bill.
- Cautious Driver Discounts – Drivers who avoid accidents may save up to 50% more than drivers with accidents.
- Discounts for Multiple Vehicles – Buying coverage for multiple cars or trucks on one policy can get a discount on all vehicles.
- Discounts for New Vehicles – Insuring a vehicle that is new can save you some money because newer vehicles have to meet stringent safety requirements.
A little disclaimer on discounts, most of the big mark downs will not be given to all coverage premiums. Most cut the price of certain insurance coverages like comp or med pay. So even though they make it sound like you would end up receiving a 100% discount, you won’t be that lucky.
The example below illustrates the comparison of Toyota Camry Hybrid auto insurance costs with and without discounts applied to the premium. The information is based on a male driver, no claims or driving citations, California state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, claim-free, homeowner, multi-policy, multi-car, and marriage discounts applied.
Some companies that may offer quotes with some of the discounts shown above may include but are not limited to:
When comparing rates, check with each company or agent to apply every possible discount. Some credits might not be available to policyholders in Bakersfield. To see providers with discount rates in Bakersfield, click this link.
Will just any policy work for me?
Keep in mind that when it comes to choosing your policy for your vehicles, there really is not a “best” method to buy coverage. Your needs are unique to you so your insurance should reflect that
Here are some questions about coverages that can help discover whether your personal situation might need professional guidance.
- Does coverage extend to a rental car in a foreign country?
- Why am I be forced to buy a membership to get insurance from some companies?
- If I use my vehicle for business use is it covered?
- Does rental coverage apply when I am renting a car?
- Does my policy cover me if I wreck while driving under the influence?
- Am I covered when driving in Canada or Mexico?
- Are all vehicle passengers covered by medical payments coverage?
- What are the financial responsibility laws in my state?
If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It’s fast, free and can provide invaluable advice.
You may require the services of an insurance agent
Some people would rather talk to a local agent and doing that can be a smart decision Good insurance agents can help you build your policy and help file insurance claims. The best thing about price shopping on the web is you may find lower rates and still have an agent to talk to. And providing support for local insurance agencies is especially important in Bakersfield.
By using this short form, your insurance data is instantly submitted to local insurance agents who will give competitive quotes and help you find cheaper coverage. There is no need to leave your house since rate quotes are delivered to you directly. If for some reason you want to compare prices from a specific auto insurance provider, don’t hesitate to visit that company’s website and submit a quote form there.
When looking for a reliable insurance agent, you need to know there are two different types of agencies and how they operate. Agents can either be exclusive or independent. Either can write auto insurance policies, but it’s good to learn the difference in the companies they write for since it could factor into your selection of an agent.
Independent Auto Insurance Agents (or Brokers)
Agents that choose to be independent do not have single company limitations and that is an advantage because they can write policies through many different auto insurance companies and help determine which has the cheapest rates. If they find a cheaper price, your policy is moved internally which makes it simple for you.
If you are trying to find cheaper rates, you absolutely need to compare prices from at least one independent agent for maximum quote selection. Most can insure with smaller companies that may have much lower rates than larger companies.
Listed below is a partial list of independent insurance agents in Bakersfield that may be able to give price quotes.
- Clifford and Bradford Insurance Agency
1515 20th St – Bakersfield, CA 93301 – (661) 283-8100 – View Map - Hay Insurance Agency Inc.
4921 Calloway Dr # 101 – Bakersfield, CA 93312 – (661) 829-8933 – View Map - NSE Insurance Agencies, Inc.
5330 Office Center Ct # 69 – Bakersfield, CA 93309 – (661) 327-0620 – View Map
Exclusive Agents
Agents of this type can only provide pricing for a single company and examples are State Farm or Allstate. Exclusive agents are unable to provide other company’s prices so they have to upsell other benefits. Exclusive agents are highly trained on their company’s products and that allows them to sell at a higher price point. Some insured continue to buy from the same agent for years primarily because of loyalty to the company and strong financial ratings.
The following are exclusive agencies in Bakersfield that are able to give price quote information.
- Saif Ahmad – State Farm Insurance Agent
4025 Stockdale Hwy – Bakersfield, CA 93309 – (661) 831-1200 – View Map - Dennis Stitt – State Farm Insurance Agent
1811 Oak St Ste 155 – Bakersfield, CA 93301 – (661) 327-6990 – View Map - Keith Stonebraker – State Farm Insurance Agent
4600 Ashe Rd #308 – Bakersfield, CA 93313 – (661) 664-9663 – View Map
Selecting an car insurance agent should include more criteria than just a cheap price. Some important questions to ask are:
- Are all drivers listed on the coverage quote?
- Will the agent help in case of a claim?
- How long has their agency been open in Bakersfield?
- Who are their largest clients?
- Did they already check your driving record and credit reports?
- Do they receive special compensation for putting your coverage with one company over another?
If you receive reasonable responses to these questions and an acceptable price quote, chances are good that you have found an auto insurance agent that is reliable enough to properly insure your vehicles. Keep in mind it’s your coverage and you can cancel a policy whenever you want so never feel that you are permanently stuck with any particular company for a certain time period.
Compare auto insurance rates regularly to save
When trying to cut insurance costs, do not reduce coverage to reduce premium. In many cases, drivers have reduced comprehensive coverage or liability limits and found out when filing a claim they didn’t have enough coverage. Your strategy should be to purchase plenty of coverage for the lowest price while still protecting your assets.
More affordable auto insurance in Bakersfield can be found on the web and also from your neighborhood Bakersfield agents, so you need to quote Bakersfield auto insurance with both so you have a total pricing picture. Some companies don’t offer the ability to get a quote online and most of the time these regional carriers provide coverage only through independent agencies.
Helpful resources
- How Does Hitting a Deer Impact Insurance Rates? (Allstate)
- Who Has the Cheapest Car Insurance Rates for Ride Shares in Bakersfield? (FAQ)
- Who Has Cheap Bakersfield Auto Insurance for a Chevrolet Equinox? (FAQ)
- Who Has Cheap Bakersfield Auto Insurance Rates for Government Employees? (FAQ)
- What Insurance is Cheapest for Drivers with Accidents in Bakersfield? (FAQ)
- How Much is Car Insurance for 16 Year Olds in Bakersfield? (FAQ)
- Safety Tips for Teen Drivers (Insurance Information Institute)
- Air Bags: Potential Dangers to Your Children (Insurance Information Institute)
- Electronic Stability Control FAQ (iihs.org)