Chevrolet Camaro Insurance Rates

The average insurance prices for a Chevrolet Camaro are $1,434 every 12 months including full coverage. Comprehensive insurance costs around $308, collision costs $552, and liability coverage is estimated at $416. Liability-only coverage costs approximately $474 a year, with high-risk coverage costing $3,106 or more. 16-year-old drivers cost the most to insure at $5,342 a year or more.

Average premium for full coverage: $1,434

Policy rates for type of insurance:

Price estimates include $500 physical damage deductibles, liability coverage up to 30/60, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 U.S. states and for different Camaro trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on the price of insurance. Areas with sparse population are shown to have more infrequent comprehensive and collision claims than congested cities.

The price range example below illustrates how location helps determine auto insurance rates.

The examples above highlight why anyone shopping for car insurance should get quotes for a specific zip code and their own driving history, rather than using rate averages.

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

Additional Rate Details

The chart below breaks down estimated Chevrolet Camaro insurance rates for additional coverage choices and driver risks.

• The best full coverage rate is $823
• Choosing higher $1,000 deductibles can save about $194 every year
• The average price for a good driver age 40 using $500 deductibles is $1,434
• Buying more expensive low deductibles for comp and collision coverage costs an extra $380 each year
• Drivers with multiple tickets or accidents could pay at least $3,106 or more
• Policy cost to insure a teenage driver with full coverage can be $5,342 each year

View Chart as Image

Insurance rates for a Chevrolet Camaro also range considerably based on liability limits and deductibles, your driving characteristics, and the trim level and model year.

Opting for high physical damage deductibles can save as much as $580 a year, while increasing your policy's liability limits will increase rates. Changing from a 50/100 liability limit to a 250/500 limit will raise rates by up to $375 more each year. View Rates by Deductible or Liability Limit

An older driver with no violations or accidents and higher deductibles may only pay around $1,300 annually on average, or $108 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers should be prepared to pay as much as $5,300 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are likely paying at least $1,700 to $2,300 additional every year, depending on your age. High-risk driver insurance ranges around 43% to 132% more than the average rate. View High Risk Driver Rates

Your home state plays a big part in determining prices for Chevrolet Camaro insurance rates. A good driver about age 40 could pay as low as $1,100 a year in states like Missouri, New Hampshire, and Vermont, or at least $2,050 on average in Michigan, New York, and Louisiana.

View Chart as Image

Because rates have so much variability, the best way to figure out your exact price is to compare rates and see how they stack up. Each auto insurer utilizes a different rate formula, and rates will be varied.

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 Shop for Cheaper Chevrolet Camaro Insurance

Finding cheaper rates on auto insurance takes being a safe and courteous driver, having above-average credit, paying for small claims out-of-pocket, and taking advantage of discounts. Invest time comparing rates every time your policy renews by getting quotes from direct car insurance companies, and also from insurance agencies where you live.

Below is a condensed summary of the information covered in the charts and tables above.

• You may be able to save up to $170 per year simply by shopping early and online
• Teenage drivers are charged the highest rates, with premiums being up to $445 each month if full coverage is included
• Increasing comprehensive and collision deductibles could save as much as $575 each year
• Drivers with multiple at-fault accidents could be forced to pay on average $1,670 more every year for auto insurance
• Consumers who may need higher levels of liability will pay around $460 per year to raise limits from a 30/60 limit to a 250/500 level