Chevrolet Camaro Insurance Rates

The average auto insurance rates for a Chevrolet Camaro are $1,442 annually including full coverage. Comprehensive insurance costs around $320 each year, collision costs $566, and liability costs around $398. Liability-only coverage costs as low as $460 a year, with high-risk coverage costing $3,116 or more. Teen drivers cost the most to insure at $5,330 a year or more.

Average premium for full coverage: $1,442

Policy rates for type of insurance:

These estimates include $500 policy deductibles, split liability limits of 30/60, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 U.S. states and Camaro models.

Price Range Variability

Urban vs. Rural Price Range

Where you live can have significant affects on the price of insurance. Areas with sparse population are shown to have fewer comprehensive and collision claims than larger metro areas.

The graphic below illustrates the difference location can make on auto insurance rates.

The examples above highlight why all drivers should compare prices for a specific zip code and their own personal driving habits, instead of using price averages.

Use the form below to get customized rates for your location.

Rate Comparisons

The chart below breaks down estimated Chevrolet Camaro insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $827
• Using higher $1,000 deductibles will save about $202 every year
• The estimated rate for a good driver age 40 using $500 deductibles is $1,442
• Choosing low deductibles for physical damage coverage costs an additional $390 every year
• Drivers with multiple violations and an at-fault accident could pay at least $3,116 or more
• Policy cost with full coverage for a teen driver can be $5,330 or more

View Chart as Image

Insurance rates for a Chevrolet Camaro also range considerably based on the model year and trim level, your driving characteristics, and deductibles and policy limits.

More mature drivers with no violations or accidents and high physical damage deductibles may pay as little as $1,300 a year, or $108 per month, for full coverage. Rates are highest for teenagers, where even without any violations or accidents they should be prepared to pay as much as $5,300 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are likely paying at least $1,700 to $2,300 additional every year, depending on your age. Insurance for high-risk drivers can be as much as 43% to 132% more than average. View High Risk Driver Rates

Choosing high deductibles could cut rates by as much as $600 every year, whereas increasing liability limits will increase rates. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $358 more each year. View Rates by Deductible or Liability Limit

Your home state has a huge impact on Chevrolet Camaro insurance prices. A driver around age 40 might see rates as low as $1,110 a year in states like Missouri, New Hampshire, and Vermont, or as much as $2,060 on average in Michigan, New York, and Louisiana.

View Chart as Image

Because rates have so much variability, the best way to figure out your exact price is to do a rate comparison and see which company has the best rate. Each insurance company uses a different rate calculation, and rates will be varied between companies.

Insurance Rates by Trim Level and Model Year

Rates assume 2023 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Buy Cheap Chevrolet Camaro Insurance

Finding cheaper rates on car insurance requires avoiding accidents and claims, having good credit, paying for small claims out-of-pocket, and taking advantage of discounts. Make time to compare rates at least once a year by requesting rates from direct car insurance companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The points below are a brief summary of the primary concepts that were touched on in this article.

• You may be able to save up to $180 per year simply by quoting online in advance
• Higher risk drivers that tend to have accidents or serious violations may pay on average $1,670 more every year to insure a Chevrolet Camaro
• Increasing comprehensive and collision deductibles could save up to $600 each year
• Drivers under the age of 20 are charged the highest rates, with premiums being up to $444 each month if they have full coverage