Chevrolet Camaro Insurance Rates

The average insurance rates for a Chevrolet Camaro are $1,434 a year including full coverage. Comprehensive costs on average $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:

These estimates include $500 comprehensive and collision deductibles, bodily injury liability limits of 30/60, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 U.S. states and Camaro models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can make a big difference on car insurance rates. Rural areas are shown to have a lower frequency of comprehensive and collision claims than larger metro areas. The graphic below illustrates how geographic area affects car insurance rates.

The examples above highlight why all drivers should get quotes based on a specific location and risk profile, instead of making a decision based on price averages.

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

Additional Rate Details

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

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

More mature drivers with no violations or accidents and high deductibles may pay as low as $1,300 annually 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 plays a big part in determining prices for Chevrolet Camaro insurance prices. A good driver about age 40 could pay as low as $1,100 a year in states like Missouri, New Hampshire, and Vermont, or as much as $2,050 on average in Michigan, New York, and Louisiana.

View Chart as Image

Choosing high deductibles can save as much as $580 annually, whereas increasing liability limits will cost you more. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $375 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. Insurance for high-risk drivers ranges from 43% to 132% more than average. View High Risk Driver Rates

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 Cheap Chevrolet Camaro Insurance

Finding cheaper rates on insurance for a Chevrolet Camaro takes having a decent driving record, having a good credit history, paying for small claims out-of-pocket, and dropping full coverage on older vehicles. Invest the time to compare rates every other policy renewal by quoting rates from direct car insurance companies like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The following items are a brief summary of the ideas that were presented in the illustrations above.

• 16 to 18-year-old drivers pay higher rates, with premiums being up to $445 each month including comprehensive and collision insurance
• Drivers considered higher risk that tend to have accidents or serious violations may pay on average $1,670 more each year than a driver with a clean driving record
• Increasing comprehensive and collision deductibles can save around $575 each year
• You may be able to save as much as $170 per year just by quoting online in advance