Do you get exhausted from sacrificing to pay your car insurance bill each month? You have the same problem as millions of other drivers.
Inconceivable but true, a large majority of car insurance policyholders in Alabama have remained with the same car insurance company for well over three years, and virtually 40% of consumers have never compared rates from other carriers. The average driver in America could save roughly $859 every year just by getting comparison quotes, but they don't invest the time required to shop their coverage around. Many car insurance companies compete for your insurance dollar, so it's not easy to compare every insurer to discover the definitive lowest cost out there.
You need to get comparison quotes once or twice a year because insurance prices are usually higher with each renewal. Just because you had the lowest price on Toyota Camry insurance in Birmingham last year the chances are good that you can find a lower rate quote today. Forget anything you know (or think you know) about car insurance because it's time to teach you how to quote online to lower your annual insurance bill.
If you have a policy now or just want to save money, follow these tips to reduce premiums without reducing protection. Buying affordable car insurance in Birmingham is actually very simple if you learn how to start. Smart shoppers only need to know the most effective way to shop for car insurance from many companies at once.
Most major insurance companies such as GEICO, State Farm and Progressive allow you to get prices for coverage online. Getting Toyota Camry insurance prices online is fairly simple as you simply type in your coverage preferences into a form. When the form is submitted, the quote system automatically orders your driving record and credit report and provides a quote determined by many factors. Quoting online for Toyota Camry insurance in Birmingham makes it a lot easier to compare rates and it's absolutely necessary to get many rate quotes if you are searching for the most affordable premium possible.
If you want to compare rates using this form now, compare rates from the companies below. If you have a policy now, it's recommended that you enter the coverage information exactly as shown on your declarations page. Doing this assures you are getting a rate comparison using the same coverage and limits.
The companies in the list below have been selected to offer price quotes in Birmingham, AL. If multiple providers are shown, it's highly recommended you visit two to three different companies to get the best price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get Your Own Custom Quote Go|
Data based on single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Alabama minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Premium costs do not factor in garaging location in Birmingham which can impact prices noticeably.
Rate comparison for different deductibles
The illustration below illustrates how your choice of deductibles and can change Toyota Camry insurance premiums for different age groups of insureds. Data assumes a single male driver, full physical damage coverage, and no other discounts are factored in.
Car insurance premiums based on gender
The example below illustrates the difference between Toyota Camry insurance costs for male and female drivers. The rate quotes are based on no claims or driving violations, comp and collision included, $500 deductibles, drivers are single, and no additional discounts are factored in.
Save with these discounts on Toyota Camry insurance in Birmingham
Not many people think insurance is cheap, but you might be missing out on some discounts that you may not know about. A few discounts will be applied at the time of purchase, but once in a while a discount must be specifically requested before being credited. If you don't get every credit available, it's possible you qualify for a lower rate.
- No Accidents - Claim-free drivers can earn big discounts as compared to drivers with a long claim history.
- E-sign - A few larger online companies will provide an incentive simply for signing over the internet.
- Air Bags and Passive Restraints - Vehicles equipped with air bags or automatic seat belts can qualify for discounts of more than 20%.
- Anti-lock Brake System - Cars and trucks that have steering control and anti-lock brakes have fewer accidents so companies give up to a 10% discount.
- Distant Student Discount - Youth drivers who are enrolled in higher education away from home and do not have a car may be able to be covered for less.
- Switch and Save Discount - A few insurance companies offer discounts for buying a new policy early. Ten percent is about the average savings.
- Theft Prevention System - Vehicles that have factory anti-theft systems are stolen less frequently and can earn a small discount on your policy.
Don't be surprised that most discount credits are not given to the entire policy premium. Some only apply to the price of certain insurance coverages like collision or personal injury protection. Just because it seems like all those discounts means the company will pay you, it's just not the way it works. Any qualifying discounts should help reduce your car insurance premiums.
A few of the larger companies and some of their more popular discounts are shown below.
- Travelers has savings for payment discounts, driver training, multi-car, hybrid/electric vehicle, student away at school, and save driver.
- 21st Century includes discounts for driver training, anti-lock brakes, 55 and older, early bird, student driver, good student, and teen driver.
- State Farm has discounts for Steer Clear safe driver discount, driver's education, multiple policy, safe vehicle, and passive restraint.
- GEICO may include discounts for anti-theft, good student, multi-policy, military active duty, daytime running lights, five-year accident-free, and defensive driver.
- SAFECO offers discounts including anti-lock brakes, bundle discounts, accident prevention training, homeowner, and anti-theft.
- AAA offers premium reductions for multi-policy, AAA membership discount, good student, education and occupation, good driver, and pay-in-full.
Before purchasing a policy, check with every prospective company to give you their best rates. Some discounts may not apply in Birmingham.
What Determines Toyota Camry Insurance Prices?
The best way to find cheaper insurance is to take a look at the factors that play a part in calculating your premiums. When consumers understand what influences your rates, this allows you to make good choices that may reward you with better insurance rates.
Location can modify price - Being located in areas with lower population is a positive aspect when trying to find low car insurance rates. Fewer drivers on the road translates into fewer accident claims and also fewer theft and vandalism claims. People in densely populated areas have to deal with congested traffic and more time behind the wheel. Spending more time driving means a statistically higher chance of an accident.
Getting married can lower prices - Getting married may save some money when shopping for insurance. Having a spouse is viewed as being more mature and responsible and it's proven that married drivers tend to have fewer serious accidents.
Why do you need liability coverage? - Liability insurance will afford coverage if ever you are found to be at fault for damages from an accident. It provides for a legal defense up to the limits shown on your policy. Liability insurance is quite affordable compared to comp and collision, so drivers should buy more than the minimum limits required by law.
Little extras can really add up - Insurance policies have a lot of extra add-on coverages you can purchase if you don't pay attention. Insurance for coverage for rental cars, towing, and extra equipment coverage could be just wasting money. The coverages may be enticing when deciding what coverages you need, but if you don't need them get rid of them and save.
How old are your drivers? - Drivers with little experience have been known to be more careless when behind the wheel so they pay higher insurance rates. Parents adding a beginning driver onto your insurance can be quite pricey. Older drivers are more responsible, are lower risk to insure, and receive fewer citations.
Insurance losses for a Toyota Camry - Auto insurance companies use claims history to calculate a rate that will offset any claims. Vehicles that are shown to have increased claim numbers or amounts will have a higher cost to insure. The table below outlines the insurance loss data used by companies for Toyota Camry vehicles.
For each coverage category, the loss probability for all vehicles combined as an average is a value of 100. Percentage values below 100 indicate better than average losses, while values over 100 show a trend for more claims or statistically larger losses.
Toyota Camry Insurance Claim Statistics
|Vehicle Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Toyota Camry Hybrid||124||100||110||118||127||96|
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
When to get advice from a local insurance agent
Some consumers would rather talk to an insurance agent and often times that is recommended Professional agents can point out coverage gaps and help file insurance claims. The biggest benefit of comparing rates online is that you can find better rates and still buy from a local agent.
After filling out this simple form, the quote information is immediately sent to local insurance agents in Birmingham who will give you quotes for your auto insurance coverage. There is no reason to contact any agents as quotes are delivered to your email. If you have a need to compare rates from a particular provider, don't hesitate to navigate to their website and give them your coverage information.
Deciding on an insurer shouldn't rely on just the price. The questions below may impact your decision as well.
- Who is covered by the car insurance policy?
- Will they make sure you get an adequate claim settlement?
- Do they get extra compensation for selling add-on coverages?
- Which companies do they recommend if they are an independent agency?
- Is coverage determined by price?
- Is insurance their full-time profession?
- Does the company have a solid financial rating?
- Does the agent recommend any additional coverage?
When searching for an insurance agent, you must know there are a couple different types of agents and how they differ in how they quote coverages. Auto insurance agents can be categorized as either independent agents or exclusive agents. Either one can insure your vehicles properly, but it's a good idea to understand the differences because it can factor into buying decisions.
Exclusive Insurance Agencies
Agents of this type work for only one company like American Family, State Farm, and Allstate. These agents are unable to provide rate quotes from other companies so you need to shop around if the rates are high. Exclusive insurance agents are highly trained on their company's products which helps them sell on service rather than price.
Shown below are exclusive insurance agencies in Birmingham willing to provide price quotes.
Robert Hodges - State Farm Insurance Agent
9721 Pkwy East, Ste D - Birmingham, AL 35215 - (205) 836-7234 - View Map
Don Roberts - State Farm Insurance Agent
2102 Cahaba Rd e - Birmingham, AL 35223 - (205) 879-8887 - View Map
Independent Agencies or Brokers
These type of agents do not have single company limitations so they can insure your vehicles with a variety of different insurance companies depending on which coverage is best. To transfer your coverage to a different company, they simply move your policy to a different company and you can keep the same agent. When comparing rates, we highly recommend that you include a few independent agents for the best price selection.
Below are Birmingham independent insurance agents willing to provide price quote information.
Stewart Financial Partners/ Alabama Insurance Agency
2700 Rogers Dr #106 - Homewood, AL 35209 - (205) 410-3988 - View Map
Alabama Insurance Agency, Inc.
1100 Corporate Dr Suite 100 - Birmingham, AL 35242 - (205) 397-2462 - View Map
Do I just need basic coverages?
When choosing adequate coverage for your personal vehicles, there really isn't a "perfect" insurance plan. Your financial needs are unique so your insurance should reflect that Here are some questions about coverages that might help in determining whether or not you could use an agent's help.
- What is no-fault insurance?
- Should I carry comprehensive and collision coverage?
- Is coverage enough to protect my assets?
- When should my teen driver be added to my policy?
- Does coverage extend to Mexico or Canada?
- When should I not file a claim?
If you're not sure about those questions but a few of them apply, you may need to chat with an insurance agent. If you don't have a local agent, complete this form or go to this page to view a list of companies. It is quick, free and you can get the answers you need.
But the ad said I'd save 15% in 15 minutes!
Consumers in Alabama can't get away from ads for cheaper car insurance from companies such as GEICO, State Farm and Progressive. They all seem to convey the message about how much you will save if you just switch to them.
How does every company give you a lower rate on Toyota Camry insurance in Birmingham? It's all in the words they use.
Insurance providers give the best rates for the type of customer they prefer to insure. For example, a preferred risk could possibly be over the age of 35, carries high limits, and chooses high deductibles. A customer who fits those characteristics receive the lowest rate quotes in Birmingham as well as save a lot of money.
Potential insureds who do not match these stringent criteria will have to pay a higher premium and this results in the prospect going elsewhere. If you pay close attention to the ads, they say "people who switch" not "everyone who quotes" save the amount stated. This is how companies can truthfully advertise the way they do. Because of the profiling, it's extremely important to compare many company's premium rates. You cannot predict the company that will have the lowest auto insurance rates for your situation.
Shop around and save
We covered a lot of techniques to find cheap Toyota Camry insurance in Birmingham. The most important thing to understand is the more rate comparisons you have, the higher the chance of saving money. You may even find the biggest savings come from some of the smallest insurance companies. Some small companies can often provide lower rates in certain areas than the large multi-state companies such as Progressive and GEICO.
More affordable insurance in Birmingham is available from both online companies in addition to many Birmingham insurance agents, and you need to price shop both in order to have the best chance of saving money. There are still a few companies who may not have the ability to get a quote online and usually these small, regional companies only sell coverage through independent insurance agents.
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