Chevrolet Camaro Insurance Rates

The average insurance rates for a Chevrolet Camaro are $1,442 a year with full coverage. Comprehensive insurance costs on average $320 a year, collision costs $566, and liability coverage costs $398. Liability-only coverage costs as little as $460 a year, with high-risk coverage costing $3,116 or more. 16-year-old drivers cost the most to insure at $5,330 a year or more.

Average premium for full coverage: $1,442

Policy rates by type of insurance:

Rate estimates include $500 comprehensive and collision deductibles, 30/60 liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all U.S. states and Camaro trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on auto insurance rates. Rural areas are shown to have a lower frequency of collision claims than congested cities.

The diagram below illustrates the difference between rural and urban areas on car insurance rates.

The examples above demonstrate why it is important to compare rates based on a specific location and risk profile, rather than using rate averages.

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

Additional Rate Analysis

The chart below details estimated Chevrolet Camaro insurance rates for different risk profiles and scenarios.

• The best full coverage rate is $827
• Drivers who choose higher $1,000 deductibles will pay around $1,240 annually
• The average rate for a good driver age 40 with $500 deductibles is $1,442
• Buying low $100 deductibles for comprehensive and collision insurance will cost an extra $390 each year
• High-risk insureds with multiple tickets or accidents could pay upwards of $3,116 or more
• Policy cost for full coverage for a teenage driver may cost $5,330 a year

View Chart as Image

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

Older drivers with no violations or accidents and high deductibles may only pay around $1,300 per year on average, or $108 per month, for full coverage. Rates are highest for teenagers, where even good drivers should be prepared to pay upwards of $5,300 a year. View Rates by Age

Your home state makes a big difference in Chevrolet Camaro insurance rates. A 40-year-old driver could pay as low as $1,040 a year in states like New Hampshire, Ohio, and Utah, or at least $1,950 on average in Florida, Michigan, and New York.

View Chart as Image

Opting for high physical damage deductibles could save up to $600 a year, while buying higher liability limits will cost you more. Moving from a 50/100 limit to a 250/500 limit will raise rates by up to $358 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you may be forking out at a minimum $1,700 to $2,300 additional every year, depending on your age. A high-risk auto insurance policy can cost around 43% to 132% more than the average rate. View High Risk Driver Rates

Because rates have so much variability, the best way to find out exactly what you will pay is to get quotes and see how they stack up. Every company utilizes a different rate formula, and rates will be varied from one company to the next.

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 the Best Chevrolet Camaro Insurance

Finding cheaper rates on auto insurance not only requires avoiding accidents and violations, but also having a good credit history, not filing small claims, and insuring your home and auto with the same company. Set aside time to compare rates at every policy renewal by getting rate quotes from direct companies like GEICO, Progressive, and Esurance, and also from local insurance agents.

The list below is a brief recap of the data covered above.

• Consumers who require higher liability limits will pay around $440 every year to go from a 30/60 limit to 250/500 limits
• You may be able to save as much as $180 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles can save around $600 each year
• Teenagers pay higher rates, as much as $444 each month including comprehensive and collision insurance