Chevrolet Camaro Insurance Rates

The average insurance rates for a Chevrolet Camaro are $1,434 a year including full coverage. Comprehensive insurance costs on average $308, collision insurance costs $552, and liability coverage costs $416. A liability-only policy costs as little as $474 a year, and high-risk insurance costs $3,106 or more. 16-year-old drivers cost the most to insure at up to $5,342 a year.

Average premium for full coverage: $1,434

Policy rates by type of insurance:

Full coverage includes $500 policy deductibles, minimum liability limits, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 U.S. states and for different Camaro trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on car insurance rates. Rural areas are shown to have a lower frequency of comprehensive and collision claims than congested cities. The price range example below illustrates how location helps determine car insurance rates.

The examples above highlight why anyone shopping for car insurance should compare rates based on a specific location and risk profile, rather than using rate averages.

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

More Rate Information

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

• The best full coverage rate is $823
• Drivers who choose higher $1,000 deductibles will pay around $194 every year
• The average rate for a good driver age 40 with $500 deductibles is $1,434
• Buying more expensive low deductibles for comprehensive and collision insurance will cost an extra $380 each year
• High-risk insureds with multiple tickets or accidents could pay upwards of $3,106
• Policy cost for full coverage for a teenage driver with full coverage may cost $5,342 a year

View Chart as Image

Car insurance rates for a Chevrolet Camaro also range considerably based on your risk profile, the model of your Camaro, and policy deductibles and limits.

An older driver with no driving violations and high deductibles may only pay around $1,300 per year on average, or $108 per month, for full coverage. Rates are highest for teenagers, where even good drivers will be charged upwards of $5,300 a year. View Rates by Age

Your home state makes a big difference in Chevrolet Camaro insurance rates. A 40-year-old driver 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

Opting for high physical damage deductibles could save up to $580 a year, while increasing your policy's liability limits will cost you more. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $375 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying at a minimum $1,700 to $2,300 extra every year, depending on your age. High-risk driver insurance can cost around 43% to 132% more than the average rate. View High Risk Driver Rates

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 More Affordable Chevrolet Camaro Insurance

Finding cheaper rates on auto insurance not only requires being safe and accident-free, but also having above-average credit, paying for small claims out-of-pocket, and possibly raising deductibles. Invest time comparing rates every couple of years by obtaining price quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

Below you'll find a summary of the material that was covered in the charts and tables above.

• Consumers who require more liability protection will pay around $460 per year to go from a 30/60 limit to 250/500 limits
• Youthful drivers are expensive to insure, with premiums being up to $445 each month if full coverage is included
• Drivers who have multiple accidents or major violations may pay on average $1,670 more each year than a low-risk driver
• Increasing comprehensive and collision deductibles can save around $575 each year