Chevrolet Camaro Insurance Rates

The average insurance rates for a Chevrolet Camaro are $1,434 a year for full coverage insurance. Comprehensive insurance costs around $308, collision costs $552, and liability insurance costs around $416. Liability-only coverage costs as low as $474 a year, with high-risk coverage costing $3,106 or more. Teen drivers cost the most to insure at $5,342 a year or more.

Average premium for full coverage: $1,434

Policy rates for type of insurance:

Prices include $500 physical damage deductibles, 30/60 liability limits, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 states and for all Camaro models.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a significant impact on car insurance rates. Areas with sparse population are shown to have a lower frequency of physical damage claims than larger metro areas.

The example below illustrates how location helps determine auto insurance rates.

The examples above illustrate why everyone should compare prices for a specific zip code and risk profile, rather than relying on price averages.

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

More Rate Information

The chart below illustrates estimated Chevrolet Camaro insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $823
• Using higher $1,000 deductibles will save about $194 each year
• The average rate for a good driver age 40 using $500 deductibles is $1,434
• Choosing pricier low deductibles for physical damage coverage will cost an extra $380 a year
• Drivers with multiple violations and an at-fault accident could pay at least $3,106 or more
• Policy cost for full coverage for a teen driver for full coverage can be $5,342 or more

View Chart as Image

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

A more mature driver with no violations or accidents and high deductibles could pay as little as $1,300 a year, or $108 per month, for full coverage. Rates are highest for teenagers, where even good drivers should be prepared to pay as much as $5,300 a year. View Rates by Age

Your home state has a huge impact on Chevrolet Camaro insurance rates. A driver around age 40 might see rates as low as $940 a year in states like Vermont, Wisconsin, and North Carolina, or as much as $1,940 on average in Michigan, New York, and Florida.

View Chart as Image

Choosing high deductibles could cut rates by as much as $580 each year, whereas buying more liability protection will increase rates. Switching from a 50/100 limit to a 250/500 limit will raise rates by up to $375 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are probably paying at least $1,700 to $2,300 additional every year, depending on your age. Chevrolet Camaro insurance for high-risk drivers can be anywhere from 43% to 132% more than average. View High Risk Driver Rates

Because rates have so much variability, the only way to figure out your exact price is to regularly compare rates from as many companies as possible. Each insurance company uses a different rate calculation, and rates will be varied from one company to the next.

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 Right Chevrolet Camaro Insurance

Finding cheaper rates on Chevrolet Camaro insurance requires being a safe and courteous driver, having a good credit history, being claim-free, and taking advantage of discounts. Invest time comparing rates at every policy renewal by obtaining price quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

Below is a quick rundown of the data covered in the charts and tables above.

• Drivers who may need higher levels of liability will pay about $460 annually to increase from a 30/60 limit to 250/500 limits
• It is possible to save up to $170 per year simply by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles can save around $575 each year
• Teenage drivers are charged the highest rates, possibly costing $445 each month including comprehensive and collision insurance