Chevrolet Camaro Insurance Rates

Average insurance prices for a Chevrolet Camaro are $1,442 every 12 months including full coverage. Comprehensive costs on average $320 each year, collision costs $566, and liability is $398. Buying just liability costs around $460 a year, with insurance for high-risk drivers costing around $3,116. Teenage drivers receive the highest rates at $5,330 a year or more.

Average premium for full coverage: $1,442

Rate estimates by individual coverage type:

Rates are based on $500 comprehensive and collision deductibles, liability coverage up to 30/60, and includes UM/UIM and medical coverage. Rates are averaged for all 50 U.S. states and Camaro models.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city can make a big difference on car insurance rates. Rural areas tend to have more infrequent comprehensive and collision claims than densely populated cities.

The graphic below illustrates the difference between rural and urban areas on car insurance rates.

These examples highlight why all drivers should compare rates quotes based on a specific location and their own driving history, instead of making a decision based on average rates.

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

Rates by State, City, and Model

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

• The best discount rate is $827
• Raising to $1,000 deductibles will save around $202 every year
• The average price for a 40-year-old driver with $500 deductibles is $1,442
• Using low deductibles increases the price to $1,832
• Drivers who are prone to accidents and violations could pay upwards of $3,116 or more
• The cost to insure a 16-year-old driver may cost $5,330

View Chart as Image

Auto insurance rates for a Chevrolet Camaro can also vary considerably based on policy deductibles and limits, your driving characteristics, and the trim level of your Camaro.

Using high physical damage deductibles can reduce rates by up to $600 annually, whereas increasing liability limits will cost you more. Changing from a 50/100 liability limit to a 250/500 limit will cost as much as $358 extra every year. View Rates by Deductible or Liability Limit

More mature drivers with a good driving record and higher deductibles may pay as low as $1,300 every 12 months on average for full coverage. Rates are much higher for teen drivers, since even excellent drivers will have to pay upwards of $5,300 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you are likely paying at a minimum $1,700 to $2,300 in extra premium per year, depending on your age. Insurance for high-risk drivers is expensive and can cost from 43% to 132% more than a normal policy. View High Risk Driver Rates

Where you live also has a big influence on Chevrolet Camaro insurance prices. A middle-age driver might find rates as low as $1,110 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $2,060 on average in Michigan, New York, and Louisiana.

View Chart as Image

With so much variability in rates, the best way to figure out exactly what you will pay is to do a rate comparison from multiple companies. Every auto insurance company uses a different method to calculate rates, and quoted rates can be significantly different.

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 Best Cheap Chevrolet Camaro Insurance

Saving money on insurance for a Chevrolet Camaro consists of having a decent driving record, having a good credit score, not filing small claims, and taking advantage of discounts. Set aside time to compare rates every time your policy renews by requesting rates from direct car insurance companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

The following items are a quick review of the information covered above.

• You may be able to save as much as $180 per year simply by quoting online in advance
• 16 to 18-year-old drivers are charged the highest rates, as much as $444 per month if comprehensive and collision insurance is included
• Increasing deductibles could save as much as $600 each year
• Drivers considered higher risk with a DUI or reckless driving violation may pay on average $1,670 more each year than a driver with a clean driving record
• Insureds who require additional liability coverage will pay an extra $440 per year to raise from a minimum limit to a 250/500 level