Chevrolet Camaro Insurance Rates

The average insurance rates for a Chevrolet Camaro are $1,434 a year for full coverage insurance. Comprehensive costs on average $308 a year, collision costs $552, and liability costs $416. Buying just liability costs as little as $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 by type of insurance:

Rate estimates include $500 comprehensive and collision deductibles, minimum liability limits, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 states and Camaro trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can have significant affects on insurance rates. Rural areas are shown to have a lower frequency of physical damage claims than larger metro areas.

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

The examples above illustrate why it is important to compare rates based on a specific location and risk profile, instead of using 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 different risk profiles and scenarios.

• The lowest rate with discounts is $823
• Drivers who choose higher $1,000 deductibles will pay around $1,240 each year
• The average rate for a good driver age 40 with $500 deductibles is $1,434
• Choosing low $100 deductibles for comprehensive and collision insurance will increase the cost to $1,814
• Higher-risk drivers with multiple violations and an at-fault accident could pay upwards of $3,106 or more
• Policy cost for full coverage for a teen driver may cost $5,342 a year

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 policy deductibles and limits.

Older drivers with a clean driving record and high deductibles may pay as little as $1,300 per year on average, or $108 per month, for full coverage. Rates are highest for teenagers, where even good drivers can expect to pay upwards of $5,300 a year. View Rates by Age

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 as much as $1,940 on average in Michigan, New York, and Florida.

View Chart as Image

Choosing high deductibles could save up to $580 every year, while buying higher liability limits will cost you more. Switching from a 50/100 limit to a 250/500 limit will raise rates by up to $375 more per 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 a minimum $1,700 to $2,300 extra every year, depending on your age. A high-risk auto insurance policy can cost as much as 43% to 132% more than average. View High Risk Driver Rates

Because rates have so much variability, the only way to figure out exactly what you will pay is to get quotes and see which company has the best rate. Every company uses a different rate calculation, so the 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 Best Chevrolet Camaro Insurance

Finding cheaper rates on car insurance not only requires having a decent driving record, but also maintaining good credit, being claim-free, and bundling your home and auto policies. Set aside time to shop around every couple of years by getting price quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

The following items are a brief recap of the material that was raised in the charts and tables above.

• Policyholders who require additional liability coverage will pay about $460 annually to go from a 30/60 limit to 250/500 limits
• 16 to 18-year-old drivers pay the highest rates, possibly costing $445 each month for full coverage
• Higher risk drivers who tend to receive serious violations pay an average of $1,670 more each year than a driver with a clean driving record
• Increasing comprehensive and collision deductibles can save around $575 each year