Chevrolet Camaro Insurance Rates

U.S. average insurance rates for a Chevrolet Camaro are $1,434 a year for full coverage insurance. Comprehensive insurance costs on average $308 each year, collision costs $552, and liability coverage costs $416. A policy with just liability insurance costs as little as $474 a year, with coverage for high-risk drivers costing $3,106 or more. Teenage drivers pay the highest rates at $5,342 a year or more.

Average premium for full coverage: $1,434

Price estimates by individual coverage:

These estimates include $500 deductibles, minimum liability limits, and includes medical and uninsured motorist coverage. Estimates are averaged for all 50 states and Camaro models.

Price Range from Low to High

Geographic Price Range

Your location has a large influence on insurance rates. Rural areas have lower incidents of physical damage claims than densely populated cities.

The graphic below illustrates how where you live affects car insurance rates.

The ranges above illustrate why all drivers should compare rates based on a specific location, rather than using average rates.

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

Detailed Rate Analysis

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

• The best discount rate is $823
• Drivers who choose higher $1,000 deductibles will pay around $194 each year
• The estimated price for the average middle-age driver with $500 deductibles is $1,434
• Using low deductibles for comprehensive and collision insurance will cost an additional $380 each year
• High-risk insureds who are prone to accidents and violations could pay upwards of $3,106 or more
• The price that insures a teenage driver may cost $5,342 a year

View Chart as Image

Insurance prices for a Chevrolet Camaro are also quite variable based on the trim level and model year, your age and driving record, and policy deductibles and limits.

If you have some driving violations or you caused an accident, you are probably paying at a minimum $1,700 to $2,300 extra each 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

More mature drivers with a clean driving record and higher comprehensive and collision deductibles may only pay around $1,300 per year on average for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records can expect to pay upwards of $5,300 a year. View Rates by Age

The state you live in makes a big difference in Chevrolet Camaro insurance rates. A 40-year-old driver could pay as low as $940 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $1,940 on average in Michigan, New York, and Florida.

View Chart as Image

Using high physical damage deductibles could save up to $580 a year, whereas increasing liability limits will cost you more. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $375 more per year. View Rates by Deductible or Liability Limit

Since prices can be so different, the only way to figure out exactly what you will pay is to do a rate comparison and see how they stack up. Every company uses a different method to calculate prices, so the prices may be quite different.

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

Getting lower rates on auto insurance not only requires not taking risks behind the wheel, but also having above-average credit, not filing small claims, and bundling your home and auto policies. Compare prices every couple of years by getting rate quotes from direct insurance companies, and also from your local independent and exclusive agents.

The following is a brief summary of the material that was touched on in the above illustrations.

• Consumers who require higher liability limits will pay an extra $460 annually to go from a low limit to the 250/500 level
• Teens pay the highest prices, as much as $445 a month if full coverage is included
• Drivers that tend to have accidents or serious violations may pay on average $1,670 more each year for Camaro insurance
• Increasing physical damage deductibles can save approximately $575 each year