Chevrolet Camaro Insurance Rates

The average insurance rates for a Chevrolet Camaro are $1,434 a year for full coverage. Comprehensive costs an estimated $308, collision costs $552, and liability is estimated at $416. Buying just liability costs approximately $474 a year, with insurance for high-risk drivers costing around $3,106. Teenage drivers cost the most to insure at $5,342 a year or more.

Average premium for full coverage: $1,434

Policy rates broken down by type of insurance:

Rate estimates include $500 policy deductibles, 30/60 split liability limits, and includes medical and UM/UIM coverage. Prices are averaged for all states and for all Camaro models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on insurance rates. More rural locations are shown to have a lower frequency of accident claims than densely populated cities.

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

The examples above show why everyone should get quotes for a targeted area and risk profile, instead of using average rates.

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

More Rate Details

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

• The best discount rate is $823
• Choosing higher $1,000 deductibles can save approximately $194 a year
• The average rate for a good driver age 40 who has $500 deductibles is $1,434
• Using pricier low deductibles for comp and collision coverage will increase the cost to $1,814
• Unlucky drivers who are prone to accidents and violations could pay up to $3,106 or more
• Policy cost for full coverage for a teen driver for full coverage can cost as much as $5,342 each year

View Chart as Image

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

A more mature driver with a clean driving record and high deductibles may pay as little as $1,300 annually 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 plays a big part in determining prices for Chevrolet Camaro insurance prices. A good driver about age 40 could pay as low as $950 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $2,050 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles can save as much as $580 every year, whereas buying more liability protection will increase premiums. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $375 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 could be paying $1,700 to $2,300 extra every year, depending on your age. Chevrolet Camaro insurance for high-risk drivers ranges as much as 43% to 132% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the only way to know which auto insurance is cheapest is to regularly compare rates and see which company has the best rate. Each auto insurer uses a different method to calculate rates, 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 the Best Chevrolet Camaro Insurance

Finding cheaper rates on car insurance takes being safe and accident-free, maintaining good credit, avoid buying unnecessary coverage, and taking advantage of discounts. Set aside time to shop around at least every other year by obtaining price quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

Below you'll find a brief recap of the car insurance concepts raised in the charts and tables above.

• Higher risk drivers who tend to receive serious violations pay an average of $1,670 more annually than a low-risk driver
• Drivers can save approximately $170 per year simply by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles can save around $575 each year
• Policyholders who want more liability protection will pay an extra $460 each year to raise limits from a 30/60 limit to 250/500 limits