Chevrolet Camaro Insurance Rates

The average auto insurance rates for a Chevrolet Camaro are $1,434 annually for full coverage insurance. Comprehensive costs on average $308 each year, collision costs $552, and liability costs $416. A liability-only policy costs as little as $474 a year, with high-risk insurance costing around $3,106. 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:

Estimates include $500 comprehensive and collision deductibles, minimum liability limits, and includes medical and UM/UIM coverage. Prices are averaged for all 50 states and Camaro models.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on insurance rates. Rural areas are shown to have fewer physical damage claims than densely populated cities.

The graphic below illustrates how rural and urban location affects car insurance rates.

The examples above illustrate why all drivers should compare rates based on a specific location and their own personal driving habits, instead of making a decision based on average rates.

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

More Rate Details

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 rate for a good driver age 40 with $500 deductibles is $1,434
• Using low deductibles for comprehensive and collision insurance will cost $1,814
• Drivers who are prone to accidents and violations could pay upwards of $3,106 or more
• Policy cost with full coverage for a 16-year-old driver may cost $5,342 a year

View Chart as Image

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

More mature drivers with no driving violations and high physical damage deductibles may pay as low as $1,300 per year on average, or $108 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they will be charged upwards of $5,300 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are probably paying at a minimum $1,700 to $2,300 extra every year, depending on your age. Insurance for high-risk drivers can cost from 43% to 132% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could save up to $580 annually, whereas increasing liability limits will cost you more. Switching from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $375 extra every 12 months. View Rates by Deductible or Liability Limit

Your home state makes a big difference in Chevrolet Camaro insurance prices. 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

Because rates have so much variability, the only way to figure out exactly what you will pay is to do a rate comparison from multiple companies. Every company uses a different method to calculate rates, so rate quotes will be varied between companies.

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 Buy Low Cost Chevrolet Camaro Insurance

Finding cheaper rates on insurance for a Chevrolet Camaro not only requires avoiding accidents and violations, but also having a good credit score, being claim-free, and maximizing policy discounts. Set aside time to shop around every couple of years by getting quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

The list below is a review of the material that was raised in the charts and tables above.

• Insureds who require higher liability limits will pay an extra $460 annually to go from a 30/60 limit to higher 250/500 limits
• Teenagers are expensive to insure, possibly costing $445 each month if comprehensive and collision insurance is included
• Drivers considered higher risk who have several accidents or serious violations may pay on average $1,670 more each year for car insurance
• Increasing comprehensive and collision deductibles could save up to $575 each year