Unimaginable but true, a large majority of drivers renewed their policy with the same company for more than four years, and nearly half have never even compared quotes to find cheap rates. American consumers can save almost $850 each year by just comparing quotes, but they don’t want to take the time to save money by comparing rate quotes.
The most effective way to get the cheapest Toyota Camry insurance in New Orleans is to compare quotes annually from insurance carriers who provide car insurance in Louisiana.
- Read about how insurance works and the measures you can take to prevent high rates. Many rating factors that increase rates such as multiple speeding tickets and an imperfect credit rating can be eliminated by being financially responsible and driving safely. Keep reading for the details to help reduce premium rates and find available discounts that you may qualify for.
- Request rate estimates from direct, independent, and exclusive agents. Direct and exclusive agents can only provide price estimates from one company like Progressive and State Farm, while agents who are independent can quote prices from multiple companies. Find a New Orleans insurance agent
- Compare the new quotes to your existing rates to see if you can save by switching companies. If you can save money and switch companies, make sure coverage does not lapse between policies.
- Tell your current company of your intention to cancel your existing policy and submit a completed policy application and payment to your new agent or company. Immediately upon receiving it, put the proof of insurance certificate with your vehicle’s registration.
An important part of this process is that you use identical coverage information on each price quote and and to get rate quotes from as many different insurance providers as possible. Doing this enables a fair rate comparison and a thorough selection of prices.
If you have a current auto insurance policy, you stand a good chance to be able to find better prices using the tips covered below. Locating the best rates in New Orleans can be made easier if you know where to look. But Louisiana car owners should learn how companies market on the web because rates fluctuate considerably.
The are a couple different ways to compare quotes from companies that offer car insurance in Louisiana. The recommended way to find affordable Toyota Camry insurance rates consists of shopping online.
It’s so fast and easy to compare quotes online that it makes it obsolete to spend your day driving to insurance agents’ offices. Buying insurance online reduces the need to sit down with an agent unless you have a complicated situation and need the advice and guidance that can only be provided by a licensed insurance agent. However, consumers can price shop your coverage online and get advice from an agent in your area. Just keep in mind that comparing more quotes helps locate a lower rate. Not every company does New Orleans Camry insurance quotes over the internet, so it’s important to also get rates from the smaller companies as well.
The car insurance companies shown below have been selected to offer free quotes in New Orleans, LA. To locate the best cheap car insurance in LA, we suggest you visit two to three different companies in order to get a fair rate comparison.
Companies offer many types of discounts on Toyota Camry insurance in New Orleans
Insurance can be pricey, but there could be significant discounts that can dramatically reduce your bill. Some trigger automatically when you complete an application, but a few must be specially asked for before being credited. If you’re not getting every credit you deserve, it’s possible you qualify for a lower rate.
- Student Driver Training – Require your teen driver to take driver’s ed class in school.
- Passive Restraint Discount – Vehicles equipped with air bags could see savings of more than 20%.
- Discounts for Multiple Vehicles – Buying insurance for primary and secondary vehicles on a single policy could earn a price break for each car.
- E-sign Discounts – Some insurance companies may give you up to $50 for buying your policy digitally online.
- Seat Belt Usage – Drivers who require all vehicle occupants to use a seat belt could save 15% off the PIP or medical payment premium.
Remember that many deductions do not apply to your bottom line cost. The majority will only reduce the price of certain insurance coverages like comp or med pay. So when the math indicates having all the discounts means you get insurance for free, insurance companies aren’t that generous.
The example below shows the difference between Toyota Camry insurance rates with and without some available policy discounts. The data assumes a male driver, no claims or driving violations, Louisiana state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-car, multi-policy, safe-driver, marriage, and claim-free discounts applied.
To see insurers who offer insurance discounts in Louisiana, click here.
Rates and other information
The information shown below covers detailed analysis of insurance premium costs for Toyota Camry models. Having knowledge of how insurance quotes are formulated can aid in making smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Camry LE | $250 | $502 | $524 | $32 | $158 | $1,466 | $122 |
| Camry SE | $250 | $592 | $524 | $32 | $158 | $1,556 | $130 |
| Camry XLE | $250 | $592 | $524 | $32 | $158 | $1,556 | $130 |
| Camry Hybrid | $284 | $592 | $594 | $36 | $178 | $1,684 | $140 |
| Get Your Own Custom Quote Go | |||||||
Prices based on single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Louisiana minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Price information does not factor in the specific area where the vehicle is garaged which can modify premiums greatly.
Higher deductibles save money
The hardest decision when buying coverage is where to set your physical damage deductibles. The premium rates below summarize how much more you’ll pay between high and low policy deductibles. The first table uses a $250 deductible for comp and collision and the second set of rates uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Camry LE | $358 | $604 | $464 | $28 | $140 | $1,619 | $135 |
| Camry SE | $358 | $712 | $464 | $28 | $140 | $1,727 | $144 |
| Camry XLE | $358 | $712 | $464 | $28 | $140 | $1,727 | $144 |
| Camry Hybrid | $406 | $712 | $524 | $32 | $158 | $1,857 | $155 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Camry LE | $222 | $380 | $464 | $28 | $140 | $1,234 | $103 |
| Camry SE | $222 | $448 | $464 | $28 | $140 | $1,302 | $109 |
| Camry XLE | $222 | $448 | $464 | $28 | $140 | $1,302 | $109 |
| Camry Hybrid | $250 | $448 | $524 | $32 | $158 | $1,412 | $118 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Louisiana minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, multi-vehicle, and homeowner. Prices do not factor in vehicle location which can change prices considerably.
Using the premium rates above, we can conclude that using a $250 deductible will cost in the ballpark of $35 more each month or $420 annually than buying the higher $1,000 deductible. Because you would be required to pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you have more than 21 months between claims, you would come out ahead by selecting a higher deductible.
Premiums by gender and age
The information below illustrates the comparison of Toyota Camry insurance costs for male and female drivers. The data is based on no violations or accidents, comp and collision included, $500 deductibles, drivers are not married, and no discounts are taken into consideration.
Buy Cheap Auto Insurance with These Tips
Lots of things are used in the calculation when you quote your car insurance policy. Some of the criteria are obvious like a motor vehicle report, but others are less apparent like your vehicle usage or how safe your car is.
- Keep the miles off and save – The higher the mileage driven in a year’s time the more you will pay for auto insurance. Almost all companies rate vehicles based on their usage. Cars that are left in the garage get more affordable rates than those that get driven frequently. It’s a good idea to make sure your auto insurance policy shows the correct driver usage. Improper usage on your Camry can cost quite a bit.
- Five star IIHS safety rating saves money – Vehicles with good safety scores can get you lower premiums. Safe vehicles result in less severe injuries and fewer injuries means your insurance company pays less and thus lower rates. If the Toyota Camry scored at minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you are probably receiving a discount.
- High physical damage deductibles equal low rates – Insurance for physical damage to your car, also known as collision and other-than-collision, is used to repair damage to your Toyota. Examples of covered claims are a windshield shattered by a rock, flood damage, and rolling your vehicle. Deductibles for physical damage are how much you are required to pay if a covered claim is submitted. The more of the claim you’re willing to pay, the less your company will charge you for insurance.
- Liability insurance is peace of mind – Your policy’s liability coverage will afford coverage if you are found liable for an accident. Liability insurance provides legal defense to attempt to prove you were not liable. This coverage is very inexpensive as compared to coverage for physical damage, so do not skimp.
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High performance equals high premiums – The type of car you need insurance for makes a huge difference in your car insurance bill. The most favorable rates are usually for small economy passenger cars, but the final cost of insurance is determined by many other factors.
The following chart is based on a single female driver age 40, full coverage with $100 deductibles, and no discounts or violations. It illustrates Toyota Camry insurance rates compared to other models of vehicles that have different performance rating factors.
- Your stress level may be raising your rates – Do you have a high-stress occupation? Jobs like fire fighters, social workers, and stock brokers usually pay higher premiums than the average policyholder due to stressful work requirements and lots of time spent away from family. Other professions such as scientists, engineers and retirees have the lowest average rates.
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Insurance loss data for Toyota Camry vehicles – Insurance companies use past loss statistics for each vehicle when they calculate premium rates for each model. Models that the statistics show to have higher frequency or amount of claims will cost more for specific coverages. The next table illustrates the historical insurance loss data for Toyota Camry vehicles.
For each insurance policy coverage type, the loss probability for all vehicles compiled together is a value of 100. Values under 100 suggest a better than average loss history, while numbers above 100 point to more claims or statistically larger losses.
Insurance Loss Ratings for Toyota Camry Vehicles Specific Toyota Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Toyota Camry 110 94 102 148 145 107 Toyota Camry Hybrid 124 100 110 118 127 96 BETTERAVERAGEWORSEData Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Do I need an agent?
Certain consumers prefer to get advice from a local agent and we recommend doing that One of the best bonuses of price shopping on the web is you can get cheaper car insurance rates and still choose a local agent.
For easy comparison, once you complete this form (opens in new window), the quote information is submitted to companies in New Orleans who will give you bids for your auto insurance coverage. You don’t have to contact an agency as quotes are delivered to you. You can find lower rates without requiring a lot of work. If you have a need to get a comparison quote from a specific insurance company, don’t hesitate to find their quoting web page and complete a quote there.
Picking the best insurer should include more criteria than just the price. Get answers to these questions too.
- Are they able to provide referrals?
- What are the financial ratings for the companies they represent?
- Does the agent have professional designations like CIC, CPCU or AIC?
- Does the company allow you to choose your own collision repair facility?
- What companies can they write with?
- Do they receive special compensation for putting your coverage with one company over another?
- Does their agency support local causes in New Orleans?
- Where are claims handled?
Exclusive and independent New Orleans auto insurance agents
If you prefer to buy auto insurance from a good insurance agency, you must know there are a couple types of insurance agents and how they are slightly different. Auto insurance agents can either be independent or exclusive depending on the company they work for.
Exclusive Auto Insurance Agents
Agents that elect to be exclusive have only one company to place business with and some examples include Allstate, State Farm and Farm Bureau. These agents are unable to compare other company’s rates so they are skilled at selling on more than just price. They receive a lot of sales training on their company’s products which helps offset the inability to provide other markets.
The following are New Orleans exclusive insurance agencies willing to provide price quote information.
Allstate Insurance: Daniel Occhi
4006 Canal St – New Orleans, LA 70119 – (504) 517-9080 – View Map
State Farm: Chris Nolan
Place St. Charles, 201 St Charles Ave #224 – New Orleans, LA 70170 – (504) 522-9560 – View Map
State Farm – Mia DeLouise
5638 Jefferson Hwy – New Orleans, LA 70123 – (504) 739-7979 – View Map
Independent Agents
Agents that choose to be independent are not required to write business for one company so they can insure your vehicles through lots of different companies enabling the ability to shop coverage around. If you are not satisfied with one company, they simply switch companies in-house and you can keep the same agent. If you need cheaper auto insurance rates, it’s a good idea to include rate quotes from at a minimum one independent agency to get the most accurate price comparison.
Shown below is a list of independent insurance agents in New Orleans that can give you rate quotes.
KTS Insurance Agency
3239 Bienville St – New Orleans, LA 70119 – (504) 371-5519 – View Map
Underwriters Insurance Agency
10709 Chef Menteur Hwy #1 – New Orleans, LA 70127 – (504) 302-0620 – View Map
Bob Swanson Insurance
824 Elmwood Park Blvd #295 – New Orleans, LA 70123 – (504) 734-0305 – View Map
Louisiana auto insurance company ratings
Buying coverage from the highest-rated auto insurance provider can be difficult considering how many choices drivers have in Louisiana. The ranking data in the lists below can help you analyze which auto insurers to look at when comparing rate quotes.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| Mercury Insurance | 97 | 96 | 88 | 89% | A+ | 93.4 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Cheap insurance premiums are possible
Discount Toyota Camry insurance in New Orleans can be sourced online in addition to local insurance agencies, and you need to price shop both to have the best rate selection. A few companies may not offer online rate quotes and many times these regional carriers only sell coverage through independent agents.
As you prepare to switch companies, make sure you don’t buy less coverage just to save a little money. Too many times, someone sacrificed liability limits or collision coverage and learned later that it was a big error on their part. Your strategy should be to purchase plenty of coverage for the lowest cost and still be able to protect your assets.
Helpful learning opportunities
- Parking Tips to Reduce Door Dings (State Farm)
- What Car Insurance is Cheapest for Drivers with a DUI in New Orleans? (FAQ)
- Who Has Cheap New Orleans Auto Insurance for a Honda Accord? (FAQ)
- What Insurance is Cheapest for Welfare Recipients in New Orleans? (FAQ)
- No-Fault Auto Insurance Statistics (Insurance Information Institute)
- Auto Insurance Learning Center (State Farm)
- A Tree Fell on Your Car: Now What? (Allstate)
- Teen Driving and Texting (State Farm)