Chevrolet Camaro Insurance Rates

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

Average premium for full coverage: $1,434

Policy rates by type of insurance:

Rates are based on $500 deductibles, bodily injury liability limits of 30/60, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 U.S. states and Camaro trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on car insurance rates. Rural areas are shown to have more infrequent comprehensive and collision claims than larger metro areas.

The diagram below illustrates how location helps determine car insurance rates.

The examples above highlight why it is important to get quotes based on a specific location and their own driving history, instead of using price averages.

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

Rate Comparisons

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

• The lowest rate with discounts is $823
• Choosing higher $1,000 deductibles can save around $1,240 every year
• The average price for a good driver age 40 with $500 deductibles is $1,434
• Choosing low $100 deductibles for comp and collision coverage increases the price to $1,814
• Unlucky drivers with multiple violations and an at-fault accident could pay upwards of $3,106 or more
• Policy cost to insure a teen driver may cost $5,342 each year

View Chart as Image

Auto insurance rates for a Chevrolet Camaro also range considerably based on liability limits and deductibles, your driving characteristics, and the trim level of your Camaro.

Choosing high deductibles can save as much as $580 every year, while buying higher liability limits will cost you more. Changing from a 50/100 liability limit to a 250/500 limit will raise rates by up to $375 extra every year. View Rates by Deductible or Liability Limit

Older drivers with a good driving record and higher deductibles may pay as little as $1,300 annually on average, or $108 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers will have to pay upwards of $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 a minimum $1,700 to $2,300 in extra premium every year, depending on your age. A high-risk auto insurance policy ranges as much as 43% to 132% more than average. View High Risk Driver Rates

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 $1,100 a year in states like Missouri, New Hampshire, and Vermont, or as much as $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 exactly what you will pay is to get quotes and see which company has the best rate. Each auto insurer uses a different rate calculation, and quoted 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 the Best Cheap Chevrolet Camaro Insurance

Finding cheaper rates on car insurance takes not taking risks behind the wheel, having a good credit score, paying for small claims out-of-pocket, and taking advantage of discounts. Invest time comparing rates every other policy renewal by quoting rates from direct car insurance companies, and also from your local independent and exclusive agents.

The following is a quick review of the ideas that were covered in the charts and tables above.

• Teens are charged the highest rates, with premiums being up to $445 each month if comprehensive and collision insurance is included
• Higher risk drivers with a DUI or reckless driving violation may pay on average $1,670 more each year for Camaro insurance
• Increasing comprehensive and collision deductibles could save as much as $575 each year
• You may be able to save as much as $170 per year simply by quoting early and online