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 is $416. Buying just liability costs around $474 a year, with insurance for high-risk drivers 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, minimum liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all states and for different Camaro trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city 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 how location impacts insurance prices.

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

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

Rate Comparisons

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

• The lowest rate with discounts is $823
• Raising to $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 bumps up the cost to $1,814
• Higher-risk 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

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 extra every year, depending on your age. High-risk driver insurance is expensive and can cost anywhere from 43% to 132% more than average. View High Risk Driver Rates

An older driver with a clean driving record and higher comprehensive and collision deductibles could pay as little as $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 can expect to pay at least $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 $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 can reduce rates by up to $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 per 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. Every auto insurance company uses a different rate calculation, 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 Cheapest Chevrolet Camaro Insurance

Finding cheaper rates on Chevrolet Camaro insurance consists of being safe and accident-free, having above-average credit, avoid buying unnecessary coverage, and taking advantage of discounts. Shop around every couple of years by getting quotes from direct carriers, and also from your local independent and exclusive agents.

Below you'll find a recap of the material that was touched on above.

• Drivers who want more liability protection will pay about $460 each year to raise from a 30/60 limit to the 250/500 level
• Youthful drivers are charged the highest rates, costing up to $445 each month if full coverage is included
• High-risk drivers that have major violations or accidents may pay on average $1,670 more annually than a low-risk driver
• Increasing comprehensive and collision deductibles can save approximately $575 each year