Chevrolet Camaro Insurance Rates

The average insurance rates for a Chevrolet Camaro are $1,434 a year for full coverage. Comprehensive costs an estimated $308, collision costs $552, and liability insurance costs around $416. Liability-only coverage costs as low as $474 a year, with high-risk coverage costing around $3,106. Teen drivers cost the most to insure at $5,342 a year or more.

Average premium for full coverage: $1,434

Policy rates broken down by type of insurance:

Includes $500 policy deductibles, 30/60 split liability limits, and includes uninsured/under-insured motorist 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 significant impact on insurance rates. More rural locations are shown to have lower incidents of accident claims than larger metro areas.

The price range example below illustrates the effect of geographic area on insurance prices.

The examples above show why anyone shopping for car insurance should compare prices for a targeted area, rather than relying on price averages.

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

More Rate Information

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

• The lowest rate with discounts is $823
• Using higher $1,000 deductibles will save approximately $194 a year
• The estimated price for a good driver age 40 who has $500 deductibles is $1,434
• Choosing more expensive low deductibles for physical damage coverage bumps up the cost to $1,814
• Drivers with multiple violations and an at-fault accident could pay up to $3,106 or more
• Policy cost that insures a teen driver with full coverage can cost as much as $5,342 or more

View Chart as Image

Insurance rates for a Chevrolet Camaro also range considerably based on the model year and trim level, how you drive, and liability limits and deductibles.

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

An older driver with no violations or accidents and higher comprehensive and collision deductibles could pay as little as $1,300 a year, or $108 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records should be prepared to pay at least $5,300 a year. View Rates by Age

Your home state has a huge impact on Chevrolet Camaro insurance rates. A driver around age 40 might see rates as low as $950 a year in states like Iowa, Maine, and Idaho, or as much as $2,050 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing high deductibles could cut rates by as much as $580 each year, while increasing your policy's liability limits will increase premiums. 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

Because rates have so much variability, the only way to know which auto insurance is cheapest is to compare rates from as many companies as possible. Each insurance company uses a different rate calculation, and rates will be varied.

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 Chevrolet Camaro insurance requires avoiding accidents and claims, having a good credit score, avoid buying unnecessary coverage, and maximizing policy discounts. Shop around at least every other year by obtaining price quotes from direct carriers, and also from your local independent and exclusive agents.

The points below are a recap of the car insurance concepts covered in the above illustrations.

• High-risk drivers that have major violations or accidents may pay on average $1,670 more annually to insure a Chevrolet Camaro
• Drivers can save approximately $170 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles can save approximately $575 each year
• Drivers who want increased liability limits will pay about $460 each year to increase from a 30/60 limit to the 250/500 level