Chevrolet Camaro Insurance Rates

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

Includes $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes uninsured motorist and medical coverage. Prices are averaged for all states and Camaro trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on car insurance rates. Rural areas are shown to have lower incidents of accident claims than larger metro areas. The diagram below illustrates how geographic area affects car insurance rates.

The examples above show why it is important to compare rates based on a specific location, instead of making a decision based on price averages.

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

Additional Rate Information

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

• The lowest rate with discounts is $823
• Drivers who choose higher $1,000 deductibles will pay around $1,240 a year
• The estimated price for a good driver age 40 with $500 deductibles is $1,434
• Choosing low $100 deductibles for comprehensive and collision insurance bumps up the cost to $1,814
• Drivers with multiple violations and an at-fault accident could pay upwards of $3,106
• Policy cost that insures a 16-year-old driver may cost $5,342 a year

View Chart as Image

Insurance rates for a Chevrolet Camaro also range considerably based on the trim level of your Camaro, how you drive, and policy deductibles and limits.

If you have a few points on your driving record or you caused an accident, you could be paying at a minimum $1,700 to $2,300 additional every year, depending on your age. A high-risk auto insurance policy can cost from 43% to 132% more than average. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as low as $1,300 per year on average, or $108 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records 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 prices. A 40-year-old driver could pay as low as $950 a year in states like Idaho, Maine, and Iowa, or as much as $2,050 on average in Michigan, Louisiana, and New York.

View Chart as Image

Choosing high deductibles could save up to $580 annually, while buying higher liability limits will cost you more. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $375 more each year. View Rates by Deductible or Liability Limit

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 the Cheapest Chevrolet Camaro Insurance

Finding cheaper rates on insurance for a Chevrolet Camaro not only requires having a decent driving record, but also having a good credit score, avoid buying unnecessary coverage, and dropping full coverage on older vehicles. Shop around at least once a year by getting rate quotes from direct carriers, and also from local exclusive and independent agents.

The following items are a recap of the primary concepts that were presented in the illustrations above.

• Drivers can save as much as $170 per year just by quoting early and online
• Drivers considered higher risk that have major violations or accidents may pay on average $1,670 more each year than a driver with a clean driving record
• Increasing comprehensive and collision deductibles can save approximately $575 each year
• 16 to 18-year-old drivers pay higher rates, costing up to $445 each month if comprehensive and collision insurance is included