Chevrolet Camaro Insurance Rates

Average insurance prices for a Chevrolet Camaro are $1,434 every 12 months for full coverage insurance. Comprehensive costs an estimated $308 a year, collision insurance costs $552, and liability coverage costs $416. A policy with just liability insurance costs as little as $474 a year, and coverage for high-risk drivers costs around $3,106. Teenage drivers receive the highest rates at up to $5,342 a year.

Average premium for full coverage: $1,434

Rate estimates broken down by individual coverage type:

Full coverage includes $500 deductible amounts, minimum liability limits, and includes uninsured motorist and medical coverage. Rates are averaged for all 50 states and Camaro trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location has a large influence on the price of insurance. More rural locations tend to have more infrequent physical damage claims than densely populated cities. The diagram below illustrates the difference between rural and urban areas on insurance prices.

These examples illustrate why it is important to compare rates for a targeted area and their own driving history, rather than using average rates.

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

Additional Rate Information

The chart below illustrates average Chevrolet Camaro insurance rates for other coverage scenarios.

• The best discount rate is $823
• Drivers who choose higher $1,000 deductibles will pay approximately $1,240 each year
• The average price for a 40-year-old driver who has $500 deductibles is $1,434
• Using low $100 deductibles for comprehensive and collision insurance increases the price to $1,814
• High-risk insureds who are prone to accidents and violations could pay up to $3,106
• The cost to insure a teenage driver can cost as much as $5,342 a year

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

Using high physical damage deductibles could save up to $580 a year, while buying higher liability limits will increase premiums. Switching from a 50/100 liability limit to a 250/500 limit will cost as much as $375 more each year. View Rates by Deductible or Liability Limit

Older drivers with no violations or accidents and higher deductibles may only pay around $1,300 per year on average for full coverage. Rates are much higher for teen drivers, since even excellent drivers should be prepared to pay at least $5,300 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you are probably paying $1,700 to $2,300 additional per year, depending on your age. A high-risk auto insurance policy can cost around 43% to 132% more than a normal policy. View High Risk Driver Rates

Where you live makes a big difference in Chevrolet Camaro insurance rates. A 40-year-old driver could pay as low as $940 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,940 on average in Florida, New York, and Michigan.

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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 More Affordable Chevrolet Camaro Insurance

Saving money on auto insurance not only requires having a good driving record, but also having above-average credit, avoid buying unnecessary coverage, and possibly raising deductibles. Set aside time to compare rates every couple of years by requesting rates from direct insurance companies like GEICO, Progressive, and Esurance, and also from insurance agencies where you live.

The next list is a summary of the material that was covered above.

• Consumers who want increased levels of liability coverage will pay an extra $460 annually to go from a minimum limit to a 250/500 level
• Drivers age 20 and younger are expensive to insure, costing up to $445 per month if full coverage is included
• Drivers who have multiple accidents or major violations could be forced to pay on average $1,670 more annually to buy Chevrolet Camaro insurance
• Increasing deductibles could save as much as $575 each year