Chevrolet Camaro Insurance Rates

The average insurance rates for a Chevrolet Camaro are $1,434 a year with full coverage. Comprehensive costs around $308, collision costs $552, and liability insurance costs $416. Liability-only coverage costs as little as $474 a year, with high-risk coverage costing around $3,106. 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:

These estimates include $500 physical damage deductibles, split liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all U.S. states and for all Camaro models.

Price Range Variability

Urban vs. Rural Price Range

Your location has a significant impact on insurance rates. Areas with sparse population are shown to have a lower frequency of collision claims than congested cities.

The example below illustrates how rural and urban location affects auto insurance rates.

The examples above demonstrate why everyone should compare rates for a specific zip code and risk profile, rather than relying on rate averages.

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

Additional Charts and Tables

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

• The best full coverage rate is $823
• Drivers who choose higher $1,000 deductibles will pay about $194 annually
• The average rate for a good driver age 40 using $500 deductibles is $1,434
• Buying pricier low deductibles for comprehensive and collision insurance will increase the cost to $1,814
• High risk drivers with multiple tickets or accidents could pay at least $3,106 or more
• Policy cost for full coverage for a teen driver for full coverage can be $5,342 a year

View Chart as Image

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

A more mature driver with no violations or accidents and high deductibles could pay as little as $1,300 per year on average, or $108 per month, for full coverage. Rates are highest for teenagers, where even good drivers should be prepared to pay as much as $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 $1,030 a year in states like New Hampshire, Ohio, and Utah, or at least $1,940 on average in Florida, Michigan, and New York.

View Chart as Image

Opting for high physical damage deductibles could save up to $580 each year, whereas buying more liability protection will increase rates. Moving from a 50/100 limit to a 250/500 limit will raise rates by up to $375 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you may be forking out at least $1,700 to $2,300 additional every year, depending on your age. Chevrolet Camaro insurance for high-risk drivers can cost anywhere from 43% to 132% more than the average rate. View High Risk Driver Rates

Because rates have so much variability, the best way to find out your exact price is to regularly compare rates from as many companies as possible. Every company utilizes a different rate formula, and rates will be varied 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 Cheap Chevrolet Camaro Insurance

Finding cheaper rates on Chevrolet Camaro insurance not only requires being a safe and courteous driver, but also having a good credit history, not filing small claims, and taking advantage of discounts. Set aside time to shop around at least once a year by obtaining price quotes from direct companies like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

Below is a brief summary of the primary concepts that were raised in the charts and tables above.

• You may be able to save up to $170 per year simply by quoting online well ahead of the renewal date
• High-risk drivers that tend to have accidents or serious violations pay an average of $1,670 more every year for auto insurance
• Increasing comprehensive and collision deductibles can save around $575 each year
• Teenage drivers are charged the highest rates, as much as $445 each month including comprehensive and collision insurance