Chevrolet Camaro Insurance Rates

The average insurance rates for a Chevrolet Camaro are $1,434 a year including full coverage. Comprehensive insurance costs on average $308 each year, collision insurance costs $552, and liability coverage is $416. A liability-only policy costs around $474 a year, and high-risk insurance costs $3,106 or more. Teen 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:

Includes $500 policy deductibles, liability limits of 30/60, and includes UM/UIM and medical coverage. Prices are averaged for all 50 U.S. states and Camaro models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a large influence on car insurance rates. Rural areas are shown to have lower incidents of comprehensive and collision claims than larger metro areas. The graphic below illustrates how location helps determine car insurance rates.

The examples above highlight why all drivers should compare rates quotes based on a specific location, rather than using price averages.

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

Rates by State, City, and Model

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

• The lowest rate with discounts is $823
• Raising to $1,000 deductibles will save around $194 every year
• The estimated price for a good driver age 40 with $500 deductibles is $1,434
• Choosing low deductibles will cost an additional $380 each year
• Unlucky drivers with multiple violations and an at-fault accident could pay upwards of $3,106
• Policy cost that insures a teenage driver may cost $5,342

View Chart as Image

Car insurance rates for a Chevrolet Camaro also range considerably based on the trim level and model year, your driving record and age, and policy deductibles and limits.

If you have a few points on your driving record or you caused an accident, you are likely paying at a minimum $1,700 to $2,300 extra every year, depending on your age. Insurance for high-risk drivers is expensive and can cost around 43% to 132% more than average. View High Risk Driver Rates

More mature drivers with no driving violations and higher comprehensive and collision deductibles may only pay around $1,300 every 12 months on average, or $108 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records will be charged upwards of $5,300 a year. View Rates by Age

Your home state also has a big influence on Chevrolet Camaro insurance rates. A middle-age driver might find rates as low as $1,100 a year in states like Missouri, New Hampshire, and Vermont, or as much as $2,050 on average in Michigan, New York, and Louisiana.

View Chart as Image

Choosing high deductibles can reduce rates by up to $580 a year, whereas increasing liability limits will cost you more. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $375 extra every 12 months. View Rates by Deductible or Liability Limit

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 auto insurance consists of avoiding accidents and claims, having a positive credit history, paying for small claims out-of-pocket, and possibly raising deductibles. Shop around once a year by getting quotes from direct car insurance companies, and also from insurance agencies where you live.

The points below are a recap of the data that was covered in the charts and tables above.

• You may be able to save as much as $170 per year just by quoting online in advance
• Consumers who require increased liability limits will pay about $460 per year to raise from a 30/60 limit to the 250/500 level
• Drivers under the age of 20 are expensive to insure, with premiums being up to $445 each month if full coverage is purchased
• Drivers that have major violations or accidents could be forced to pay on average $1,670 more each year to insure a Chevrolet Camaro