Chevrolet Camaro Insurance Rates

The average insurance prices for a Chevrolet Camaro are $1,394 every 12 months for full coverage. Comprehensive insurance costs an estimated $282, collision costs $512, and liability coverage costs around $442. A liability-only policy costs as low as $496 a year, with high-risk insurance costing $3,022 or more. Teens cost the most to insure at $5,264 a year or more.

Average premium for full coverage: $1,394

Policy rates broken down by type of insurance:

Price estimates include $500 policy deductibles, split liability limits of 30/60, and includes uninsured motorist and medical coverage. Prices are averaged for all states and for different Camaro trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a large influence on insurance rates. More rural locations are shown to have more infrequent accident claims than cities with more traffic congestion.

The price range example below illustrates the difference location can make on insurance prices.

The examples above show why anyone shopping for car insurance should compare prices for a targeted area and their own driving history, rather than using averaged prices.

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

Additional Rate Information

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

• The cheapest rate after discounts is $802
• Using higher $1,000 deductibles will save approximately $182 a year
• The average price for a good driver age 40 who has $500 deductibles is $1,394
• Selecting more expensive low deductibles for physical damage coverage costs an extra $348 each year
• Higher-risk drivers with serious driving violations could pay up to $3,022 or more
• Policy cost to insure a teenage driver with full coverage can cost as much as $5,264 or more

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Car insurance rates for a Chevrolet Camaro also range considerably based on liability limits and deductibles, your driver profile, and the model year and trim level.

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $530 a year, while increasing your policy's liability limits will increase premiums. Going from a 50/100 liability limit to a 250/500 limit will raise rates by up to $398 extra every 12 months. View Rates by Deductible or Liability Limit

An older driver with no driving violations and higher deductibles may only pay around $1,300 a year, or $108 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will be charged at least $5,200 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you could be paying $1,700 to $2,300 extra every year, depending on your age. High-risk driver insurance can be around 44% to 136% more than the average policy. View High Risk Driver Rates

Your home state has a huge impact on Chevrolet Camaro insurance rates. A driver around age 40 might see rates as low as $920 a year in states like Iowa, Maine, and Idaho, or have to pay at least $1,990 on average in New York, Louisiana, and Michigan.

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Because rates have so much variability, the only way to know which auto insurance is cheapest is to compare rates and see how they stack up. Each insurance company calculates rates differently, so rate quotes will be varied.

Insurance Rates by Trim Level and Model Year

Rates assume 2019 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 Cheaper Chevrolet Camaro Insurance

Finding cheaper rates on auto insurance requires being a good driver, maintaining a good credit score, avoid buying unnecessary coverage, and not having any coverage lapses. Make time to compare rates at least once a year by getting rate quotes from direct carriers, and also from several local insurance agents.

The following list is a condensed summary of the primary concepts that were touched on in this article.

• Drivers can save approximately $170 per year simply by shopping early and online
• Drivers with multiple at-fault accidents pay on average $1,630 more annually than a safer driver
• Increasing comprehensive and collision deductibles could save as much as $525 each year
• Drivers age 16 to 20 have the highest car insurance rates, costing up to $439 each month if the policy includes full coverage