Chevrolet Camaro Insurance Rates

The average insurance prices for a Chevrolet Camaro are $1,434 every 12 months for full coverage insurance. Comprehensive costs approximately $308 each year, collision insurance costs $552, and liability is estimated at $416. Liability-only coverage costs approximately $474 a year, and high-risk coverage costs around $3,106. Teen 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:

Prices include $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes medical and uninsured motorist coverage. Prices are averaged for all 50 states and Camaro models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can make a big difference on the price of auto insurance. Rural locations are shown to have more infrequent physical damage claims than larger metro areas. The graphic below illustrates the difference between rural and urban areas on auto insurance prices.

The examples above illustrate why all drivers should get quotes using their specific location and their own driving history, instead of making a decision based on price averages.

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

Detailed Rate Analysis

The chart below illustrates average Chevrolet Camaro insurance rates for additional coverage and risk scenarios.

• The lowest rate with discounts is $823
• Choosing higher $1,000 deductibles can save $194 each year
• The average price for a good driver age 40 who chooses $500 deductibles is $1,434
• Choosing low deductibles for comp and collision coverage increases the price to $1,814
• Higher-risk drivers with multiple violations and an at-fault accident could pay around $3,106
• Policy cost to insure a 16-year-old driver can cost $5,342 each year

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

Choosing high deductibles can save as much as $580 annually, whereas increasing liability limits will push rates upward. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $375 more each year. View Rates by Deductible or Liability Limit

More mature drivers with no violations or accidents and higher deductibles may pay as low as $1,300 annually on average, or $108 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers should be prepared to pay in the ballpark 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 are probably paying anywhere from $1,700 to $2,300 additional every year, depending on your age. Insurance for high-risk drivers ranges from 43% to 132% more than average. View High Risk Driver Rates

Your home state plays a big part in determining prices for Chevrolet Camaro insurance prices. A good driver about age 40 could pay as low as $940 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,940 on average in Florida, New York, and Michigan.

View Chart as Image

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 Right Chevrolet Camaro Insurance

Finding cheaper rates on insurance for a Chevrolet Camaro takes having a decent driving record, having above-average credit, being claim-free, and consideration of higher deductibles. Set aside time to compare rates at least every other year by obtaining price quotes from direct insurance companies, and also from local insurance agencies.

The following items are a quick rundown of the car insurance concepts covered above.

• Drivers considered higher risk with reckless driving or DUI convictions may have to pay on average $1,670 more per year than a driver with a clean driving record
• It is possible to save around $170 per year just by quoting online in advance
• Increasing comprehensive and collision deductibles could save as much as $575 each year
• Insureds who purchase additional liability coverage will pay about $460 annually to raise limits from a 30/60 limit to a 250/500 level