Chevrolet Camaro Insurance Rates

Estimated insurance rates for a Chevrolet Camaro are $1,434 a year including full coverage. Comprehensive costs on average $308, collision costs $552, and liability coverage costs around $416. A liability-only policy costs as low as $474 a year, with high-risk insurance costing around $3,106. 16-year-old drivers pay the most at $5,342 a year or more.

Average premium for full coverage: $1,434

Premium estimates by type of coverage:

Price estimates include $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes medical/PIP and uninsured motorist coverage. Rates include averaging for all 50 U.S. states and for all Camaro models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a large influence on car insurance rates. Rural areas are statistically proven to have a lower frequency of comprehensive and collision claims than congested cities.

The example below illustrates the difference location can make on car insurance rates.

These rate differences highlight why everyone should compare prices based on a specific location and risk profile, rather than using rate averages.

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

Additional Charts and Tables

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

• The best full coverage rate is $823
• Using higher $1,000 deductibles will save around $194 every year
• The average rate for a 40-year-old good driver with $500 deductibles is $1,434
• Buying pricier low deductibles for physical damage coverage will increase the cost to $1,814
• Higher-risk drivers with multiple tickets or accidents could pay upwards of $3,106 or more
• An auto insurance policy for full coverage for a teenage driver for full coverage may cost $5,342 or more

View Chart as Image

Auto insurance prices for a Chevrolet Camaro also have a wide range based on your driving characteristics, the model of your Camaro, and policy deductibles and limits.

A more mature driver with a good driving record and high deductibles may only pay around $1,300 a year, or $108 per month, for full coverage. Prices are highest for drivers in their teens, where even good drivers will have to pay upwards of $5,300 a year. View Rates by Age

Where you choose to live has a huge impact on Chevrolet Camaro insurance rates. A driver around age 40 might see prices as low as $1,100 a year in states like Missouri, New Hampshire, and Vermont, or at least $2,050 on average in Michigan, New York, and Louisiana.

View Chart as Image

Opting for high physical damage deductibles could cut prices by as much as $580 a year, whereas buying more liability protection will cost you more. Changing from a 50/100 limit to a 250/500 limit will cost up to $375 extra every year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you are likely paying at a minimum $1,700 to $2,300 in extra premium annually, depending on your age. Chevrolet Camaro insurance for high-risk drivers can be around 43% to 132% more than the average rate. View High Risk Driver Rates

With such a large range in prices, the best way to figure out exactly what you will pay is to regularly compare prices and see how they stack up. Each insurance company utilizes a different rate formula, and quoted prices will be substantially different 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 Cheaper Chevrolet Camaro Insurance

Finding better rates on auto insurance requires having a decent driving record, having good credit, refrain from filing small claims, and taking advantage of discounts. Make time to compare rates at least every other year by obtaining price quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

The following items are a condensed summary of the car insurance concepts touched on in this article.

• Drivers with multiple at-fault accidents may pay on average $1,670 more each year than a driver with a clean driving record
• You may be able to save as much as $170 per year simply by quoting online well ahead of the renewal date
• Increasing policy deductibles can save around $575 each year
• Consumers who require additional liability coverage will pay around $460 per year to increase from 30/60 bodily injury limits to 250/500 limits