Chevrolet Camaro Insurance Rates

The average insurance rates for a Chevrolet Camaro are $1,442 a year for full coverage insurance. Comprehensive costs around $320, collision insurance costs $566, and liability costs $398. A liability-only policy costs as little as $460 a year, and high-risk insurance costs around $3,116. Teenage drivers cost the most to insure at up to $5,330 a year.

Average premium for full coverage: $1,442

Policy rates for type of insurance:

Full coverage includes $500 comprehensive and collision deductibles, bodily injury liability limits of 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

Your location can have significant affects on car insurance rates. Areas with sparse population are shown to have a lower frequency of physical damage claims than densely populated cities. The example below illustrates how location helps determine auto insurance rates.

The examples above illustrate why everyone should compare rates for a specific zip code and risk profile, instead of using average rates.

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 additional coverage choices and driver risks.

• The best discount rate is $827
• Drivers who choose higher $1,000 deductibles will pay about $202 each year
• The average rate for a good driver age 40 using $500 deductibles is $1,442
• Using pricier low deductibles for comprehensive and collision insurance will increase the cost to $1,832
• Higher-risk drivers who are prone to accidents and violations could pay at least $3,116
• Policy cost for full coverage for a teen driver for full coverage can be $5,330 a 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 deductibles and policy limits.

A more mature driver with no driving violations and high deductibles may pay as little as $1,300 per year on average, or $108 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will be charged as much as $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 be forced to pay as much as $1,950 on average in Michigan, New York, and Florida.

View Chart as Image

Using high physical damage deductibles could save up to $600 every 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 $358 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 at least $1,700 to $2,300 extra every year, depending on your age. Chevrolet Camaro insurance for high-risk drivers can cost as much as 43% to 132% more than a normal 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 More Affordable Chevrolet Camaro Insurance

Finding cheaper rates on car insurance not only requires avoiding accidents and violations, but also having above-average credit, being claim-free, and consideration of higher deductibles. Invest time comparing rates every other policy renewal by getting rate quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The list below is a summary of the ideas that were covered in the charts and tables above.

• Teenagers are the costliest to insure, possibly costing $444 each month if full coverage is included
• Higher risk drivers who have multiple accidents or major violations may pay on average $1,670 more every year for car insurance
• Increasing comprehensive and collision deductibles can save around $600 each year
• It is possible to save up to $180 per year just by quoting online well ahead of the renewal date