Chevrolet Camaro Insurance Rates

The average insurance prices for a Chevrolet Camaro are $1,434 every 12 months for full coverage. Comprehensive costs on average $308, collision costs $552, and liability insurance costs around $416. A liability-only policy costs as low as $474 a year, with high-risk insurance costing around $3,106. Teenage 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 policy deductibles, minimum liability limits, and includes medical and UM/UIM coverage. Prices are averaged for all states and for all Camaro models.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a significant impact on car insurance rates. Rural areas are shown to have more infrequent accident claims than densely populated cities.

The example below illustrates how geographic area affects car insurance rates.

The examples above show why everyone should compare prices based on a specific location and their own driving history, rather than relying on average rates.

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

More Rate Details

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

• The best discount rate is $823
• Using higher $1,000 deductibles will save around $194 a year
• The average price for a good driver age 40 with $500 deductibles is $1,434
• Using pricier low deductibles for physical damage coverage increases the price to $1,814
• Drivers who are prone to accidents and violations could pay upwards of $3,106 or more
• Policy cost to insure a teen driver for full coverage may cost $5,342 or more

View Chart as Image

Car insurance rates for a Chevrolet Camaro also range considerably based on liability limits and deductibles, your driver profile, and the trim level of your Camaro.

Using high physical damage deductibles could cut rates by as much as $580 each year, whereas buying more liability protection will cost you more. Going from a 50/100 liability limit to a 250/500 limit will raise rates by up to $375 extra every 12 months. View Rates by Deductible or Liability Limit

A more mature driver with no driving violations and higher deductibles could pay as little as $1,300 a year, or $108 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will be charged 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 could be paying at a minimum $1,700 to $2,300 extra every year, depending on your age. Chevrolet Camaro insurance for high-risk drivers can be anywhere from 43% to 132% more than a normal policy. View High Risk Driver Rates

Your home state has a huge impact on Chevrolet Camaro insurance rates. A driver around age 40 might see rates as low as $950 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $2,050 on average in Michigan, Louisiana, and New York.

View Chart as Image

Because rates have so much variability, the only way to know exactly what you will pay is to regularly compare rates from as many companies as possible. Each insurance company uses a different method to calculate rates, so rate quotes 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 Chevrolet Camaro insurance requires being a good driver, maintaining a good credit score, avoid buying unnecessary coverage, and maximizing policy discounts. Invest the time to compare rates every couple of years by requesting quotes from direct carriers, and also from local independent and exclusive agents.

The following list is a quick review of the material that was presented in the illustrations above.

• Drivers who require an increased level of liability coverage will pay an extra $460 each year to increase from a 30/60 limit to a 250/500 level
• Drivers age 16 to 20 are expensive to insure, costing up to $445 each month if the policy includes full coverage
• High-risk drivers with a DUI or reckless driving violation pay an average of $1,670 more each year than a safer driver
• Increasing comprehensive and collision deductibles could save as much as $575 each year