Chevrolet Camaro Insurance Rates

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

Estimates include $500 physical damage deductibles, liability coverage up to 30/60, and includes additional medical/uninsured 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 prices. Rural locations are shown to have a lower frequency of comprehensive and collision claims than larger metro areas.

The price range example below illustrates how location helps determine auto insurance prices.

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

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

Additional Rate Analysis

The chart below breaks down estimated Chevrolet Camaro insurance rates for additional coverage and risk scenarios.

• The lowest rate with discounts is $823
• Drivers who choose higher $1,000 deductibles will pay $194 every year
• The average rate for a good driver age 40 who chooses $500 deductibles is $1,434
• Choosing more expensive low deductibles for comprehensive and collision insurance will increase the cost to $1,814
• High-risk insureds with multiple violations and an at-fault accident could pay around $3,106 or more
• Policy cost for full coverage for a teenage driver with full coverage can cost $5,342 a year

View Chart as Image

Insurance rates for a Chevrolet Camaro also range considerably based on your risk profile, the model of your Camaro, and physical damage deductibles and liability limits.

An older driver with no violations or accidents 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 should be prepared to pay in the ballpark 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 Vermont, New Hampshire, and Missouri, or as much as $2,050 on average in Louisiana, New York, and Michigan.

View Chart as Image

Choosing high deductibles could save up to $580 a year, while increasing your policy's liability limits will push rates upward. Changing 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 are likely paying anywhere from $1,700 to $2,300 additional every year, depending on your age. High-risk driver insurance can cost around 43% to 132% more than average. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out who has the best auto insurance rates is to compare rates and see how they stack up. Every company uses a different rate calculation, 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 Low Cost Chevrolet Camaro Insurance

Finding cheaper rates on auto insurance not only requires being a safe and courteous driver, but also having a good credit history, paying for small claims out-of-pocket, and qualifying for all possible discounts. Invest time comparing rates every time your policy renews by requesting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from insurance agencies where you live.

Below is a review of the information covered in the charts and tables above.

• You may be able to save around $170 per year simply by shopping early and online
• Teenage drivers are the costliest to insure, with premiums being up to $445 each month including comprehensive and collision insurance
• Increasing comprehensive and collision deductibles can save around $575 each year
• Drivers who have several accidents or serious violations could be forced to pay on average $1,670 more per year for auto insurance
• Consumers who purchase higher levels of liability will pay about $460 per year to go from a 30/60 limit to 250/500 limits