Chevrolet Camaro Insurance Rates

Estimated insurance rates for a Chevrolet Camaro are $1,434 a year for full coverage insurance. Comprehensive insurance costs around $308 each year, collision insurance costs $552, and liability coverage costs around $416. Liability-only insurance costs as low as $474 a year, and high-risk driver insurance costs $3,106 or more. 16-year-old drivers pay the most at up to $5,342 a year.

Average premium for full coverage: $1,434

Premium estimates for type of coverage:

These estimates include $500 comprehensive and collision deductibles, liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Rates include averaging for all 50 states and Camaro models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a large influence on car insurance rates. Areas with sparse population are statistically proven to have a lower frequency of physical damage claims than congested cities. The graphic below illustrates how geographic area affects auto insurance rates.

These rate differences illustrate why all drivers should compare prices for a specific zip code and risk profile, rather than using rate averages.

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

More Rate Information

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

• The best full coverage rate is $823
• Using higher $1,000 deductibles will save about $194 each year
• The average rate for a 40-year-old good driver using $500 deductibles is $1,434
• Buying low deductibles for physical damage coverage will cost an extra $380 each year
• Higher-risk drivers with multiple tickets or accidents could pay at least $3,106
• An auto insurance policy for full coverage for a teenage driver can be $5,342 or more

View Chart as Image

Insurance prices for a Chevrolet Camaro also have a wide range based on your driving characteristics, the model year and trim level, and deductibles and policy limits.

More mature drivers with no violations or accidents and high deductibles may only pay around $1,300 a year, or $108 per month, for full coverage. Prices are highest for drivers in their teens, where even good drivers should be prepared to pay as much as $5,300 a year. View Rates by Age

Where you choose to live has a huge impact on Chevrolet Camaro insurance rates. A driver around age 40 might see prices as low as $940 a year in states like Vermont, Wisconsin, and North Carolina, or at least $1,940 on average in Michigan, New York, and Florida.

View Chart as Image

Opting for high physical damage deductibles could cut prices by as much as $580 a year, whereas increasing liability limits will increase prices. Switching from a 50/100 limit to a 250/500 limit will cost up to $375 more each year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you are probably paying at least $1,700 to $2,300 additional annually, depending on your age. Insurance for high-risk drivers can be around 43% to 132% more than the average rate. 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 Cheap Chevrolet Camaro Insurance

Finding better rates on auto insurance requires avoiding accidents and violations, having a good credit history, paying for small claims out-of-pocket, and deciding if full coverage is necessary. Invest the time to compare rates once a year by requesting rates from direct insurance companies like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

The list below is a brief summary of the data that was presented in the illustrations above.

• It is possible to save up to $170 per year just by quoting online in advance
• Consumers who may need higher liability limits will pay around $460 annually to increase from 30/60 bodily injury limits to 250/500 limits
• Teenagers are charged the highest prices, with premiums being up to $445 per month including comprehensive and collision insurance
• Drivers that tend to have accidents or serious violations may pay on average $1,670 more every year for car insurance