Chevrolet Camaro Insurance Rates

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

Average premium for full coverage: $1,434

Policy rates by type of insurance:

Rates are based on $500 policy deductibles, split liability limits of 30/60, and includes UM/UIM and medical coverage. Prices are averaged for all 50 U.S. states and for different Camaro trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can have significant affects on car insurance rates. Rural areas are shown to have fewer comprehensive and collision claims than densely populated cities. The price range example below illustrates the difference location can make on car insurance rates.

The examples above highlight why anyone shopping for car insurance should compare rates quotes based on a specific location and their own personal driving habits, instead of using average rates.

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

Rates by State, City, and Model

The chart below breaks down average Chevrolet Camaro insurance rates for different risk profiles and scenarios.

• The best discount rate is $823
• Raising to $1,000 deductibles will save around $194 every year
• The estimated rate for a good driver age 40 with $500 deductibles is $1,434
• Using more expensive low deductibles will cost $1,814
• At-risk drivers who are prone to accidents and violations could pay upwards of $3,106
• Policy cost with full coverage for a teen driver with full coverage may cost $5,342

View Chart as Image

Car insurance rates for a Chevrolet Camaro also range considerably based on the model year and trim level, your driving characteristics, and policy deductibles and limits.

An older driver with no driving violations and high physical damage deductibles may pay as little as $1,300 every 12 months on average, or $108 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they will be charged upwards of $5,300 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are likely paying at a minimum $1,700 to $2,300 extra every year, depending on your age. High-risk driver insurance is expensive and can cost as much as 43% to 132% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can reduce rates by up to $580 every year, while increasing your policy's liability limits will cost you more. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $375 extra every 12 months. View Rates by Deductible or Liability Limit

Your home state also has a big influence on Chevrolet Camaro insurance prices. A middle-age driver might find rates as low as $1,100 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $2,050 on average in Michigan, New York, and Louisiana.

View Chart as Image

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 Buy the Best Cheap Chevrolet Camaro Insurance

Finding cheaper rates on car insurance consists of being a good driver, having a good credit score, paying for small claims out-of-pocket, and possibly raising deductibles. Make time to compare rates at least once a year by obtaining price quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The following list is a quick review of the primary concepts that were touched on in this article.

• You may be able to save as much as $170 per year just by shopping early and online
• Higher risk drivers with a DUI or reckless driving violation pay on average $1,670 more each year than a safer driver
• Increasing comprehensive and collision deductibles could save up to $575 each year
• Drivers age 16 to 20 are expensive to insure, with premiums being up to $445 each month if comprehensive and collision insurance is included