Chevrolet Camaro Insurance Rates

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

Average premium for full coverage: $1,442

Policy rates by type of insurance:

Rates are based on $500 policy deductibles, minimum liability limits, and includes medical and uninsured motorist 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 large influence on car insurance rates. Rural locations are shown to have fewer accident claims than larger metro areas. The price range example below illustrates how where you live affects auto insurance prices.

The examples above show why anyone shopping for car insurance should compare prices using their specific location and their own personal driving habits, rather than using price averages.

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

Detailed Rate Analysis

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

• The lowest rate with discounts is $827
• Using higher $1,000 deductibles will save $202 a year
• The estimated rate for a good driver age 40 who chooses $500 deductibles is $1,442
• Choosing more expensive low deductibles for physical damage coverage costs an additional $390 each year
• Higher-risk drivers with multiple violations and an at-fault accident could pay around $3,116
• Policy cost with full coverage for a teenage driver with full coverage can cost $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 driver profile, and physical damage deductibles and liability limits.

An older driver with no violations or accidents and high physical damage deductibles may only pay around $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 in the ballpark of $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 could be paying anywhere from $1,700 to $2,300 additional every year, depending on your age. High-risk driver insurance can be around 43% to 132% more than average. View High Risk Driver Rates

Choosing high deductibles could cut rates by as much as $600 a year, while increasing your policy's liability limits will push rates upward. Going 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 rates. A driver around age 40 might see rates as low as $950 a year in states like Iowa, Maine, and Idaho, or as much as $2,060 on average in New York, Louisiana, and Michigan.

View Chart as Image

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 the Best Cheap Chevrolet Camaro Insurance

Finding cheaper rates on auto insurance requires avoiding accidents and claims, having good credit, avoid buying unnecessary coverage, and consideration of higher deductibles. Take the time to comparison shop every couple of years by requesting quotes from direct carriers like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The points below are a quick review of the material that was touched on in the above illustrations.

• Consumers who purchase increased liability limits will pay about $440 each year to increase from a 30/60 limit to higher 250/500 limits
• Drivers under the age of 20 are the costliest to insure, costing up to $444 each month if they have full coverage
• Drivers with a DUI or reckless driving violation pay on average $1,670 more per year to insure a Chevrolet Camaro
• Increasing comprehensive and collision deductibles could save up to $600 each year