Chevrolet Camaro Insurance Rates

The average insurance rates for a Chevrolet Camaro are $1,442 a year including full coverage. Comprehensive insurance costs on average $320 a year, collision costs $566, and liability insurance costs $398. Liability-only coverage costs as little as $460 a year, with high-risk coverage costing $3,116 or more. Teen drivers cost the most to insure at $5,330 a year or more.

Average premium for full coverage: $1,442

Policy rates by type of insurance:

Prices are based on $500 physical damage deductibles, 30/60 split liability limits, and includes medical and uninsured motorist coverage. Prices are averaged for all 50 U.S. states and Camaro trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location has a significant impact on car insurance rates. Rural areas are shown to have a lower frequency of comprehensive and collision claims than larger metro areas.

The diagram below illustrates how rural and urban location affects car insurance rates.

The examples above highlight why it is important to compare rates based on a specific location and risk profile, rather than relying on price averages.

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

Detailed Rate Analysis

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

• The lowest rate with discounts is $827
• Drivers who choose higher $1,000 deductibles will pay around $1,240 every year
• The average rate for a good driver age 40 with $500 deductibles is $1,442
• Choosing low $100 deductibles for comprehensive and collision insurance will cost an extra $390 a year
• High risk drivers with multiple violations and an at-fault accident could pay upwards of $3,116 or more
• Policy cost for full coverage for a teen driver may cost $5,330 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 policy deductibles and limits.

Older drivers 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 upwards 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 $1,110 a year in states like Missouri, New Hampshire, and Vermont, or as much as $2,060 on average in Michigan, New York, and Louisiana.

View Chart as Image

Choosing high deductibles could save up to $600 each year, while buying higher liability limits will cost you more. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $358 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 at a minimum $1,700 to $2,300 additional every year, depending on your age. A high-risk auto insurance policy can cost anywhere from 43% to 132% more than average. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out exactly what you will pay is to get quotes from as many companies as possible. 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 Affordable 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, paying for small claims out-of-pocket, and insuring your home and auto with the same company. Set aside time to shop around at least every other year by getting rate quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

Below is a brief review of the car insurance concepts raised in the charts and tables above.

• High-risk drivers with DUI or reckless driving convictions may pay on average $1,670 more each year for auto insurance
• You may be able to save as much as $180 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles can save around $600 each year
• Drivers who require higher levels of liability will pay about $440 per year to go from a 30/60 limit to 250/500 limits