Chevrolet Camaro Insurance Rates

U.S. average insurance rates for a Chevrolet Camaro are $1,434 a year for full coverage insurance. Comprehensive insurance costs an estimated $308 a year, collision costs $552, and liability insurance costs $416. Buying just liability costs as little as $474 a year, with insurance for high-risk drivers costing $3,106 or more. Teenage drivers pay the highest rates at $5,342 a year or more.

Average premium for full coverage: $1,434

Price estimates broken down by individual coverage:

Price estimates include $500 deductibles, minimum liability limits, and includes medical and UM/UIM coverage. Estimates are averaged for all 50 states and Camaro trim levels.

Price Range from Low to High

Geographic Price Range

Your location has a significant impact on the price of insurance. More rural locations have a lower frequency of physical damage claims than densely populated cities.

The diagram below illustrates how your location can change insurance prices.

The ranges above illustrate why it is important to compare rates for a targeted area and risk profile, rather than relying on average rates.

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

More Rate Details

The chart below illustrates estimated Chevrolet Camaro insurance rates for other coverage scenarios.

• The best discount rate is $823
• Drivers who choose higher $1,000 deductibles will pay approximately $1,240 each year
• The average rate for the average middle-age driver who has $500 deductibles is $1,434
• Using low $100 deductibles for comprehensive and collision insurance will cost an extra $380 a year
• High risk drivers who are prone to accidents and violations could pay up to $3,106 or more
• The price for full coverage for a teen driver can cost as much as $5,342 a year

View Chart as Image

Insurance prices for a Chevrolet Camaro are also quite variable based on your driving record, the model year and trim level, and liability limits and deductibles.

Older drivers with no violations or accidents and high deductibles could pay as little as $1,300 per year on average for full coverage. Prices are much higher for teenage drivers, where even good drivers should be prepared to pay at least $5,300 a year. View Rates by Age

The state you live in makes a big difference in Chevrolet Camaro insurance rates. A 40-year-old driver could pay as low as $940 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,940 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles could save up to $580 each year, while buying higher liability limits will increase premiums. Switching from a 50/100 limit to a 250/500 limit will increase prices by as much as $375 more each year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are probably paying $1,700 to $2,300 additional each year, depending on your age. A high-risk auto insurance policy can cost anywhere from 43% to 132% more than a normal policy. View High Risk Driver Rates

Since prices can be so different, the only way to figure out which car insurance is cheapest is to get quotes from as many companies as possible. Every company uses a different method to calculate prices, and prices may be quite different 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 Cheaper Chevrolet Camaro Insurance

Getting lower rates on Chevrolet Camaro insurance not only requires not taking risks behind the wheel, but also having a good credit history, not filing small claims, and maximizing policy discounts. Invest the time to shop around every couple of years by requesting rates from direct insurance companies like Progressive and GEICO, and also from several local insurance agents.

The following is a condensed summary of the material that was illustrated above.

• Drivers who want higher liability limits will pay an extra $460 annually to go from a low limit to 250/500 limits
• Teens are expensive to insure, as much as $445 a month including comprehensive and collision insurance
• High-risk drivers with multiple at-fault accidents pay on average $1,670 more annually for Camaro insurance
• Increasing physical damage deductibles can save around $575 each year