Chevrolet Camaro Insurance Rates

The average insurance rates for a Chevrolet Camaro are $1,434 a year including full coverage. Comprehensive costs approximately $308, collision insurance costs $552, and liability costs $416. Liability-only insurance costs as little as $474 a year, and high-risk driver insurance costs around $3,106. Teens cost the most to insure at up to $5,342 a year.

Average premium for full coverage: $1,434

Policy rates by type of insurance:

Full coverage includes $500 physical damage insurance deductibles, liability limits of 30/60, and includes medical and UM/UIM coverage. Prices are averaged for all 50 U.S. states and for all Camaro models.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on car insurance prices. Rural locations are shown to have lower incidents of comprehensive and collision claims than cities with more traffic congestion. The example below illustrates how location helps determine auto insurance prices.

The examples above highlight why everyone should compare rates using their specific location, instead of making a decision based on averaged prices.

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

More Rate Details

The chart below breaks down average Chevrolet Camaro insurance rates for additional coverage and risk scenarios.

• The cheapest rate after discounts is $823
• Drivers who choose higher $1,000 deductibles will pay $194 every year
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,434
• Selecting pricier low deductibles for comprehensive and collision insurance bumps up the cost to $1,814
• Drivers with serious driving violations could pay around $3,106
• Policy cost that insures a 16-year-old driver for full coverage can cost $5,342 a year

View Chart as Image

Auto insurance rates for a Chevrolet Camaro also range considerably based on the model of your Camaro, your driving record and age, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you are likely paying anywhere from $1,700 to $2,300 in extra premium every year, depending on your age. Chevrolet Camaro insurance for high-risk drivers can cost from 43% to 132% more than the average policy. View High Risk Driver Rates

A more mature driver with a good driving record and higher comprehensive and collision deductibles may pay as low as $1,300 per year on average, or $108 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will have to pay in the ballpark of $5,300 a year. View Rates by Age

Your home state makes a big difference in Chevrolet Camaro insurance prices. A 40-year-old driver could pay as low as $1,100 a year in states like Vermont, New Hampshire, and Missouri, or have to pay at least $2,050 on average in Louisiana, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could save up to $580 annually, whereas buying more liability protection will push rates upward. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $375 extra every year. View Rates by Deductible or Liability Limit

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 Find More Affordable Chevrolet Camaro Insurance

Finding cheaper rates on insurance for a Chevrolet Camaro not only requires being a low-risk driver, but also maintaining a good credit score, paying for small claims out-of-pocket, and possibly higher deductibles. Compare rates once a year by getting rate quotes from direct car insurance companies, and also from local auto insurance providers.

The items below are a summary of the data that was covered in the charts and tables above.

• You may be able to save around $170 per year just by quoting online well ahead of the renewal date
• Insureds who purchase more liability coverage will pay approximately $460 per year to go from a 30/60 limit to the 250/500 level
• Teen drivers have the highest car insurance rates, with premiums being up to $445 each month if the policy includes full coverage
• Drivers considered higher risk who have multiple accidents or major violations will likely pay on average $1,670 more per year to insure their Camaro