Chevrolet Camaro Insurance Rates

The average auto insurance rates for a Chevrolet Camaro are $1,434 annually for full coverage insurance. Comprehensive costs on average $308, collision costs $552, and liability coverage is estimated at $416. Liability-only insurance costs approximately $474 a year, with high-risk driver insurance costing around $3,106. Teens 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:

Estimates include $500 comprehensive and collision deductibles, 30/60 liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 states and for different Camaro trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on insurance rates. Rural areas are shown to have fewer physical damage claims than cities with more traffic congestion.

The price range example below illustrates the effect of geographic area on car insurance rates.

The examples above illustrate why anyone shopping for car insurance should get quotes based on a specific location and their own personal driving habits, rather than using averaged prices.

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

Rate Comparisons

The chart below illustrates estimated Chevrolet Camaro insurance rates for different risk profiles and scenarios.

• The cheapest rate after discounts is $823
• Choosing higher $1,000 deductibles can save around $194 each year
• The estimated rate for a good driver age 40 with $500 deductibles is $1,434
• Selecting more expensive low deductibles for comp and collision coverage will cost $1,814
• Drivers with serious driving violations could pay upwards of $3,106 or more
• Policy cost with full coverage for a teenage driver with full coverage may cost $5,342 each year

View Chart as Image

Auto insurance rates for a Chevrolet Camaro also range considerably based on the model year and trim level, your risk profile, and policy deductibles and limits.

An older driver with a good driving record and high physical damage deductibles may only pay around $1,300 annually on average, or $108 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they will have to pay 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 probably paying at a minimum $1,700 to $2,300 in extra premium every year, depending on your age. High-risk driver insurance ranges around 43% to 132% more than the average policy. View High Risk Driver Rates

Choosing higher comprehensive and collision insurance deductibles can save as much as $580 a year, while increasing your policy's liability limits will cost you more. Switching from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $375 extra every year. View Rates by Deductible or Liability Limit

Your home state plays a big part in determining prices for Chevrolet Camaro insurance rates. A good driver about age 40 could pay as low as $940 a year in states like Vermont, Wisconsin, and North Carolina, or have to pay at least $1,940 on average in Michigan, New York, and Florida.

View Chart as Image

Because rates have so much variability, the only way to figure out exactly what you will pay is to compare rates and see how they stack up. Each auto insurer calculates rates differently, and quoted rates will be varied between companies.

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 Low Cost Chevrolet Camaro Insurance

Finding cheaper rates on auto insurance takes avoiding accidents and violations, having above-average credit, being claim-free, and taking advantage of discounts. Take the time to compare rates at every policy renewal by getting quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

The list below is a review of the data covered in the above illustrations.

• Consumers who require higher liability limits will pay approximately $460 annually to raise limits from a 30/60 limit to higher 250/500 limits
• It is possible to save as much as $170 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles could save up to $575 each year
• Teenagers are charged the highest rates, possibly costing $445 each month if full coverage is included