Chevrolet Camaro Insurance Rates

U.S. average insurance rates for a Chevrolet Camaro are $1,434 a year for full coverage insurance. Comprehensive costs around $308 a year, collision costs $552, and liability is $416. Liability-only insurance costs around $474 a year, with high-risk driver insurance costing around $3,106. Teenage drivers pay the highest rates at $5,342 a year or more.

Average premium for full coverage: $1,434

Price estimates for individual coverage:

Rates are based on $500 comprehensive and collision deductibles, 30/60 liability limits, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all 50 states and Camaro trim levels.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city can have significant affects on car insurance rates. Areas with sparse population have a lower frequency of physical damage claims than densely populated cities.

The diagram below illustrates how geographic area affects auto insurance rates.

The ranges above illustrate why it is important to compare rates quotes for a specific zip code and risk profile, instead of using average rates.

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 additional coverage choices and driver risks.

• The best discount rate is $823
• Raising to $1,000 deductibles will save about $1,240 each year
• The average rate for the average middle-age driver using $500 deductibles is $1,434
• Using low $100 deductibles will increase the cost to $1,814
• At-risk drivers who are prone to accidents and violations could pay at least $3,106 or more
• The price for full coverage for a teen driver can be $5,342

View Chart as Image

Car insurance prices for a Chevrolet Camaro are also quite variable based on your driving record, the model year and trim level, and deductibles and policy limits.

Older drivers with no driving violations and high deductibles may pay as little as $1,300 every 12 months on average for full coverage. Prices are much higher for teenage drivers, where even good drivers will be charged as much as $5,300 a year. View Rates by Age

The state you live in also has a big influence on Chevrolet Camaro insurance prices. A middle-age driver might find prices as low as $940 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $1,940 on average in Michigan, New York, and Florida.

View Chart as Image

Using high physical damage deductibles can reduce prices by up to $580 every year, while buying higher liability limits will increase prices. Switching from a 50/100 limit to a 250/500 limit will increase prices by as much as $375 extra every 12 months. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are probably paying at least $1,700 to $2,300 extra each year, depending on your age. A high-risk auto insurance policy is expensive and can cost as much as 43% to 132% more than a normal policy. View High Risk Driver Rates

Since prices can be so different, the only way to figure out your exact price is to get quotes and see which company has the best price. Every auto insurance company uses a different method to calculate prices, so rate quotes may be quite different 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

Getting lower rates on car insurance consists of avoiding accidents and violations, having above-average credit, not filing small claims, and qualifying for all possible discounts. Invest the time to compare rates at every policy renewal by getting quotes from direct insurance companies like Progressive and GEICO, and also from local exclusive and independent agents.

The list below is a quick review of the data presented in the illustrations above.

• Policyholders who may need higher liability limits will pay an extra $460 annually to raise from a low limit to 250/500 limits
• It is possible to save up to $170 per year simply by quoting early and online
• Increasing physical damage deductibles can save around $575 each year
• Teenagers are the costliest to insure, as much as $445 a month if full coverage is included