Chevrolet Camaro Insurance Rates

The average insurance rates for a Chevrolet Camaro are $1,434 a year for full coverage insurance. Comprehensive costs an estimated $308, collision insurance costs $552, and liability is estimated at $416. A liability-only policy costs approximately $474 a year, and high-risk insurance costs around $3,106. Teens cost the most to insure at up to $5,342 a year.

Average premium for full coverage: $1,434

Policy rates broken down by type of insurance:

Includes $500 comprehensive and collision deductibles, liability coverage up to 30/60, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all 50 states and for all Camaro models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can make a big difference on the price of insurance. More rural locations are shown to have a lower frequency of physical damage claims than cities with more traffic congestion. The example below illustrates the difference location can make on insurance prices.

The examples above illustrate why everyone should get quotes for a targeted area and risk profile, instead of making a decision based on averaged prices.

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

Additional Charts and Tables

The chart below illustrates average Chevrolet Camaro insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $823
• Choosing higher $1,000 deductibles can save approximately $194 each year
• The average rate for a good driver age 40 who has $500 deductibles is $1,434
• Selecting pricier low deductibles for comp and collision coverage will increase the cost to $1,814
• Higher-risk drivers with serious driving violations could pay up to $3,106
• Policy cost for full coverage for a 16-year-old driver for full coverage can cost as much as $5,342 each year

View Chart as Image

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

A more mature driver with no driving violations and high deductibles may pay as low as $1,300 annually on average, or $108 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will be charged at least $5,300 a year. View Rates by Age

Your home state plays a big part in determining prices for Chevrolet Camaro insurance prices. A good driver about age 40 could pay as low as $940 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,940 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can save as much as $580 annually, whereas buying more liability protection will increase premiums. Switching from a 50/100 limit to a 250/500 limit will raise rates by up to $375 extra every 12 months. 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 $1,700 to $2,300 extra every year, depending on your age. Chevrolet Camaro insurance for high-risk drivers ranges from 43% to 132% more than the average policy. View High Risk Driver Rates

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 insurance for a Chevrolet Camaro takes avoiding accidents and violations, having above-average credit, being claim-free, and possibly higher deductibles. Make time to compare rates every time your policy renews by getting rate quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The list below is a recap of the information touched on in this article.

• It is possible to save approximately $170 per year just by quoting online well ahead of the renewal date
• Teenagers have the highest car insurance rates, possibly costing $445 each month if full coverage is included
• Increasing comprehensive and collision deductibles can save around $575 each year
• Drivers considered higher risk that have major violations or accidents pay on average $1,670 more annually for car insurance
• Insureds who want higher liability limits will pay approximately $460 annually to raise limits from a 30/60 limit to 250/500 limits