Chevrolet Camaro Insurance Rates

The average insurance rates for a Chevrolet Camaro are $1,442 a year including full coverage. Comprehensive insurance costs an estimated $320 each year, collision costs $566, and liability coverage is $398. Buying just liability costs around $460 a year, with insurance for high-risk drivers costing $3,116 or more. Teens cost the most to insure at $5,330 a year or more.

Average premium for full coverage: $1,442

Policy rates broken down by type of insurance:

Price estimates include $500 physical damage deductibles, split liability limits of 30/60, and includes medical and uninsured motorist coverage. Prices are averaged for all 50 U.S. states and Camaro models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a large influence on the price of auto insurance. More rural locations are shown to have a lower frequency of comprehensive and collision claims than cities with more traffic congestion.

The graphic below illustrates how rural and urban location affects insurance prices.

The examples above highlight why all drivers should compare rates quotes for a targeted area and risk profile, rather than using averaged prices.

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

Detailed Rate Analysis

The chart below breaks down estimated Chevrolet Camaro insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $827
• Raising to $1,000 deductibles will save approximately $202 every year
• The average rate for a good driver age 40 who has $500 deductibles is $1,442
• Selecting low deductibles will cost an extra $390 each year
• Unlucky drivers with serious driving violations could pay up to $3,116 or more
• Policy cost for full coverage for a teenage driver can cost as much as $5,330

View Chart as Image

Insurance rates for a Chevrolet Camaro also range considerably based on your risk profile, the model of your Camaro, and liability limits and deductibles.

More mature drivers with a clean driving record and high deductibles may only pay around $1,300 every 12 months on average, or $108 per month, for full coverage. Rates are much higher for teenagers, where even good drivers can expect to pay at least $5,300 a year. View Rates by Age

Your home state also has a big influence on Chevrolet Camaro insurance rates. A middle-age driver might find rates as low as $1,110 a year in states like Vermont, New Hampshire, and Missouri, or have to pay at least $2,060 on average in Louisiana, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $600 a year, whereas increasing liability limits will increase premiums. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $358 more per year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying $1,700 to $2,300 extra every year, depending on your age. Insurance for high-risk drivers is expensive and can cost around 43% to 132% more than the average policy. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out which auto insurance is cheapest is to do a rate comparison and see how they stack up. Every auto insurance company calculates rates differently, so the 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 Cheaper Chevrolet Camaro Insurance

Finding cheaper rates on auto insurance consists of being a safe and courteous driver, maintaining good credit, paying for small claims out-of-pocket, and taking advantage of discounts. Set aside time to shop around at least once a year by requesting rates from direct car insurance companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

Below is a condensed summary of the primary concepts that were raised in the charts and tables above.

• You may be able to save approximately $180 per year simply by quoting online in advance
• Drivers with multiple at-fault accidents may pay on average $1,670 more annually for auto insurance
• Increasing comprehensive and collision deductibles can save around $600 each year
• Teenage drivers are charged the highest rates, with premiums being up to $444 each month for full coverage