Chevrolet Camaro Insurance Rates

Average insurance rates for a Chevrolet Camaro are $1,434 a year for full coverage. Comprehensive costs an estimated $308 each year, collision costs $552, and liability insurance is estimated at $416. Liability-only coverage costs approximately $474 a year, with high-risk coverage costing around $3,106. Teenage drivers receive the highest rates at $5,342 a year or more.

Average premium for full coverage: $1,434

Rate estimates broken down by individual coverage type:

These estimates include $500 policy deductibles, split liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Rates are averaged for all states and Camaro models.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city has a significant impact on insurance rates. More rural locations tend to have a lower frequency of accident claims than densely populated cities.

The graphic below illustrates the difference between rural and urban areas on insurance prices.

These examples show why all drivers should get quotes for a targeted area and risk profile, rather than relying on average rates.

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

More Rate Information

The chart below shows estimated Chevrolet Camaro insurance rates for other coverage scenarios.

• The best discount rate is $823
• Choosing higher $1,000 deductibles can save approximately $194 a year
• The average rate for a 40-year-old driver who has $500 deductibles is $1,434
• Using low deductibles for comp and collision coverage will increase the cost to $1,814
• High-risk insureds who are prone to accidents and violations could pay up to $3,106 or more
• The cost for full coverage for a teen driver can cost as much as $5,342 each year

View Chart as Image

Car insurance rates for a Chevrolet Camaro can also vary considerably based on your driver profile, the trim level of your Camaro, and liability limits and deductibles.

More mature drivers with no driving violations and high deductibles could pay as little as $1,300 annually on average for full coverage. Rates are much higher for teen drivers, where even good drivers will be charged at least $5,300 a year. View Rates by Age

Where you live plays a big part in determining prices for Chevrolet Camaro insurance rates. A good driver about age 40 could pay as low as $950 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $2,050 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles can save as much as $580 each year, whereas increasing liability limits will increase premiums. Going from a 50/100 limit to a 250/500 limit will cost as much as $375 extra every 12 months. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying $1,700 to $2,300 extra per year, depending on your age. Insurance for high-risk drivers ranges anywhere from 43% to 132% more than a normal policy. View High Risk Driver Rates

With so much variability in rates, the only way to know which company is cheapest is to do a rate comparison from as many companies as possible. Each auto insurer uses a different method to calculate rates, so rate quotes can be significantly different 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 Cheap Chevrolet Camaro Insurance

Saving money on Chevrolet Camaro insurance takes avoiding accidents and claims, having above-average credit, eliminating unneeded coverage, and not having any coverage lapses. Set aside time to compare rates at least once a year by requesting quotes from direct carriers like GEICO and Progressive, and also from local independent and exclusive agents.

The points below are a brief summary of the primary concepts that were covered above.

• Drivers can save approximately $170 per year simply by quoting online in advance
• High-risk drivers that tend to have accidents or serious violations pay an average of $1,670 more annually to insure a Chevrolet Camaro
• Increasing deductibles can save around $575 each year
• Drivers under the age of 20 have the highest car insurance rates, costing as high as $445 per month if full coverage is included