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 each year, collision insurance costs $552, and liability coverage costs $416. A liability-only policy costs as little as $474 a year, and high-risk insurance costs $3,106 or more. Teenage 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:

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

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on the price of insurance. Rural locations are shown to have a lower frequency of collision claims than densely populated cities. The graphic below illustrates how where you live affects auto insurance prices.

The examples above demonstrate why all drivers should compare rates using their specific location and risk profile, rather than using average rates.

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

Additional Rate Details

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

• The best discount rate is $823
• Drivers who choose higher $1,000 deductibles will pay $194 annually
• The average rate for a good driver age 40 who chooses $500 deductibles is $1,434
• Using low deductibles for comprehensive and collision insurance will cost an extra $380 each year
• High-risk insureds who are prone to accidents and violations could pay around $3,106
• Policy cost for full coverage for a teenage driver can cost $5,342 a year

View Chart as Image

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

More mature drivers with no driving violations and high deductibles may only pay around $1,300 per year on average, or $108 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will be charged in the ballpark of $5,300 a year. View Rates by Age

Your home state makes a big difference in Chevrolet Camaro insurance rates. A 40-year-old driver could pay 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 could save up to $580 a year, whereas increasing liability limits will push rates upward. Moving from a 50/100 limit to a 250/500 limit will raise rates by up to $375 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you may be forking out anywhere from $1,700 to $2,300 extra every year, depending on your age. Insurance for high-risk drivers can cost around 43% to 132% more than a normal policy. 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 Cheaper Chevrolet Camaro Insurance

Finding cheaper rates on auto insurance not only requires being a safe and courteous driver, but also having above-average credit, not filing small claims, and attention to physical damage deductibles. Take the time to comparison shop every other policy renewal by getting rate quotes from direct companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

Below is a condensed summary of the ideas that were touched on in the above illustrations.

• Teenage drivers pay the highest auto insurance rates, as much as $445 each month if full coverage is included
• Drivers with multiple at-fault accidents pay on average $1,670 more per year for auto insurance
• Increasing comprehensive and collision deductibles can save around $575 each year
• You may be able to save around $170 per year just by quoting online in advance