Chevrolet Camaro Insurance Rates

The average auto insurance rates for a Chevrolet Camaro are $1,450 annually for full coverage insurance. Comprehensive costs on average $332 a year, collision costs $570, and liability coverage costs $390. Buying just liability costs as little as $452 a year, with insurance for high-risk drivers costing around $3,130. Teens cost the most to insure at $5,326 a year or more.

Average premium for full coverage: $1,450

Policy rates by type of insurance:

These estimates include $500 deductibles, 30/60 liability limits, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all 50 states and Camaro trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on insurance rates. Rural areas are shown to have fewer physical damage claims than cities with more traffic congestion.

The diagram below illustrates the difference location can make on car insurance rates.

The examples above illustrate why it is important to compare rates based on a specific location and their own personal driving habits, rather than using averaged prices.

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

Additional Charts and Tables

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

• The cheapest rate after discounts is $835
• Drivers who choose higher $1,000 deductibles will pay around $1,246 each year
• The estimated rate for a good driver age 40 with $500 deductibles is $1,450
• Selecting low $100 deductibles for comprehensive and collision insurance will cost $1,850
• High-risk insureds with serious driving violations could pay upwards of $3,130 or more
• Policy cost with full coverage for a teenage driver may cost $5,326 a year

View Chart as Image

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

Older drivers with a clean driving record and high physical damage deductibles may only pay around $1,300 per year on average, or $108 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they can expect to pay upwards 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 are probably paying at a minimum $1,700 to $2,300 extra every year, depending on your age. A high-risk auto insurance policy can cost around 43% to 131% more than the average policy. View High Risk Driver Rates

Choosing higher comprehensive and collision insurance deductibles could save up to $610 a year, while buying higher liability limits will cost you more. Switching from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $351 more per year. View Rates by Deductible or Liability Limit

Your home state makes a big difference in Chevrolet Camaro insurance rates. A 40-year-old driver could pay as low as $950 a year in states like Vermont, Wisconsin, and North Carolina, or have to pay at least $1,960 on average in Michigan, New York, and Florida.

View Chart as Image

Because rates have so much variability, the only way to figure out exactly what you will pay is to get quotes and see how they stack up. Every company calculates rates differently, so the rates will be varied between companies.

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 Cheap Chevrolet Camaro Insurance

Finding cheaper rates on auto insurance not only requires not taking risks behind the wheel, but also having a good credit history, being claim-free, and bundling your home and auto policies. Make time to compare rates at every policy renewal by getting price quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

The following is a brief summary of the data touched on in this article.

• Consumers who require higher liability limits will pay approximately $430 annually to go from a 30/60 limit to higher 250/500 limits
• It is possible to save as much as $180 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles could save up to $600 each year
• Teens pay the highest rates, possibly costing $444 each month including comprehensive and collision insurance