Chevrolet Camaro Insurance Rates

The average insurance rates for a Chevrolet Camaro are $1,442 a year for full coverage. Comprehensive insurance costs on average $320, collision costs $566, and liability insurance costs around $398. A liability-only policy costs as low as $460 a year, with high-risk insurance 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 by type of insurance:

Rates are based on $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes UM/UIM and medical coverage. Prices are averaged for all states and for different Camaro trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a significant impact on car insurance rates. Rural areas are shown to have a lower frequency of accident claims than larger metro areas.

The price range example below illustrates how location impacts car insurance rates.

The examples above show why anyone shopping for car insurance should compare prices based on a specific location and risk profile, rather than relying on price averages.

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

Rates by State, City, and Model

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

• The lowest rate with discounts is $827
• Using higher $1,000 deductibles will save around $202 a year
• The average rate for a good driver age 40 with $500 deductibles is $1,442
• Choosing more expensive low deductibles for physical damage coverage will cost an extra $390 a year
• Drivers with multiple violations and an at-fault accident could pay upwards of $3,116 or more
• Policy cost for full coverage for a teen driver with full coverage may cost $5,330 or more

View Chart as Image

Car insurance rates for a Chevrolet Camaro also range considerably based on your risk profile, the trim level of your Camaro, and policy deductibles and limits.

An older driver with no driving violations and high deductibles could pay as little as $1,300 a year, or $108 per month, for full coverage. Rates are highest for teenagers, where even good drivers will be charged upwards of $5,300 a year. View Rates by Age

Your home state has a huge impact on Chevrolet Camaro insurance rates. A driver around age 40 might see rates as low as $950 a year in states like Idaho, Maine, and Iowa, or as much as $2,060 on average in Michigan, Louisiana, and New York.

View Chart as Image

Choosing high deductibles could cut rates by as much as $600 each year, while increasing your policy's liability limits will cost you more. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $358 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying at a minimum $1,700 to $2,300 extra every year, depending on your age. High-risk driver insurance can be anywhere from 43% to 132% more than average. View High Risk Driver Rates

Because rates have so much variability, the only way to know exactly what you will pay is to compare rates from as many companies as possible. Each insurance company uses a different rate calculation, so rate quotes 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 Cheap Chevrolet Camaro Insurance

Finding cheaper rates on Chevrolet Camaro insurance requires having a decent driving record, having above-average credit, avoid buying unnecessary coverage, and maximizing policy discounts. Spend time shopping around at least once a year by obtaining price quotes from direct carriers like GEICO, Progressive, and Esurance, and also from your local insurance agents.

The following items are a quick review of the primary concepts that were touched on above.

• Drivers can save as much as $180 per year simply by shopping early and online
• High-risk drivers with a DUI or reckless driving violation will pay on average $1,670 more each year than a driver with a clean driving record
• Increasing comprehensive and collision deductibles can save around $600 each year
• 16 to 18-year-old drivers are expensive to insure, costing up to $444 each month if full coverage is included