Chevrolet Camaro Insurance Rates

The average insurance rates for a Chevrolet Camaro are $1,434 a year with full coverage. Comprehensive insurance costs approximately $308, collision costs $552, and liability is $416. Buying just liability costs around $474 a year, with insurance for high-risk drivers costing $3,106 or more. Teenage drivers cost the most to insure at $5,342 a year or more.

Average premium for full coverage: $1,434

Policy rates by type of insurance:

Rates are based on $500 deductibles, 30/60 bodily injury liability limits, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all U.S. states and for different Camaro trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can have significant affects on the price of insurance. Rural locations are shown to have lower incidents of collision claims than densely populated cities.

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

The examples above demonstrate why anyone shopping for car insurance should compare rates quotes using their specific location, instead of using average rates.

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

Additional Charts and Tables

The chart below details estimated Chevrolet Camaro insurance rates for additional coverage and risk scenarios.

• The best discount rate is $823
• Raising to $1,000 deductibles will save $194 annually
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,434
• Using more expensive low deductibles will cost an additional $380 every year
• At-risk drivers who are prone to accidents and violations could pay around $3,106 or more
• Policy cost that insures a teen driver with full coverage can cost $5,342

View Chart as Image

Insurance rates for a Chevrolet Camaro also range considerably based on the model year and trim level, your age and driving habits, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you may be forking out anywhere from $1,700 to $2,300 extra every year, depending on your age. High-risk driver insurance is expensive and can cost as much as 43% to 132% more than a normal policy. View High Risk Driver Rates

An older driver with a clean driving record and higher comprehensive and collision deductibles may pay as little as $1,300 every 12 months on average, or $108 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records can expect to pay in the ballpark of $5,300 a year. View Rates by Age

Your home state also has a big influence on Chevrolet Camaro insurance prices. A middle-age driver might find rates as low as $1,030 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,940 on average in New York, Michigan, and Florida.

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $580 every year, while increasing your policy's liability limits will push rates upward. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $375 more per year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to find out who has the cheapest auto insurance rates is to compare rates and see which company has the best rate. Every auto insurance company uses a different method to calculate rates, so the 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 Best Cheap Chevrolet Camaro Insurance

Finding cheaper rates on car insurance consists of not taking risks behind the wheel, having above-average credit, not filing small claims, and maximizing policy discounts. Compare prices at every other renewal by obtaining price quotes from direct companies, and also from local insurance agencies.

The following is a quick review of the concepts that were covered in the above illustrations.

• Higher risk drivers with a DUI or reckless driving violation may have to pay on average $1,670 more per year for Camaro insurance
• Teens are expensive to insure, as much as $445 each month if full coverage is included
• You may be able to save around $170 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles can save approximately $575 each year
• You may be able to save around $170 per year simply by shopping early and online