Chevrolet Camaro Insurance Rates

Estimated insurance rates for a Chevrolet Camaro are $1,442 a year for full coverage. Comprehensive costs around $320 a year, collision costs $566, and liability is estimated at $398. A liability-only policy costs approximately $460 a year, with high-risk insurance costing around $3,116. 16-year-old drivers pay the most at $5,330 a year or more.

Average premium for full coverage: $1,442

Premium estimates for type of coverage:

Includes $500 physical damage insurance deductibles, liability limits of 30/60, and includes both medical and UM/UIM coverage. Rates include averaging for all states and Camaro trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city can make a big difference on auto insurance rates. Areas with sparse population are statistically proven to have lower incidents of accident claims than congested cities.

The diagram below illustrates the difference between rural and urban areas on auto insurance rates.

These rate differences show why it is important to get quotes for a specific zip code, instead of making a decision based on rate averages.

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

Rate Comparisons

The chart below shows estimated Chevrolet Camaro insurance rates for additional coverage choices and driver risks.

• The best full coverage rate is $827
• Choosing higher $1,000 deductibles can save about $1,240 a year
• The estimated price for a 40-year-old good driver using $500 deductibles is $1,442
• Buying low $100 deductibles for comp and collision coverage bumps up the cost to $1,832
• Higher-risk drivers with multiple tickets or accidents could pay at least $3,116 or more
• An auto insurance policy that insures a 16-year-old driver can be $5,330 each year

View Chart as Image

Auto insurance prices for a Chevrolet Camaro also have a wide range based on the trim level of your Camaro, how you drive, and deductibles and policy limits.

If you have a few violations or you caused an accident, you could be paying at least $1,700 to $2,300 in extra premium annually, depending on your age. A high-risk auto insurance policy ranges from 43% to 132% more than the average rate. View High Risk Driver Rates

Older drivers with a good driving record and higher comprehensive and collision deductibles may pay as low as $1,300 annually on average, or $108 per month, for full coverage. Prices are highest for drivers in their teens, since even teens with perfect driving records will have to pay as much as $5,300 a year. View Rates by Age

Where you choose to live plays a big part in determining prices for Chevrolet Camaro insurance prices. A good driver about age 40 could pay as low as $950 a year in states like Idaho, Maine, and Iowa, or at least $2,060 on average in Michigan, Louisiana, and New York.

View Chart as Image

Opting for high physical damage deductibles can save as much as $600 annually, while buying higher liability limits will increase prices. Going from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $358 extra every year. View Rates by Deductible or Liability Limit

With such a large range in prices, the only way to know your exact price is to get quotes from multiple companies. Each auto insurer utilizes a different rate formula, and quoted prices will be substantially different.

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 Cheapest Chevrolet Camaro Insurance

Finding better rates on insurance for a Chevrolet Camaro takes being a low-risk driver, maintaining a good credit score, not filing small claims, and maximizing policy discounts. Comparison shop once a year by requesting rates from direct carriers, and also from several local insurance agents.

The items below are a recap of the data that was covered above.

• Drivers can save up to $180 per year simply by quoting early and online
• Insureds who may need more liability coverage will pay around $440 each year to raise limits from 30/60 bodily injury limits to the 250/500 level
• Teen drivers are expensive to insure, as much as $444 per month if the policy includes full coverage
• Drivers considered higher risk that have major violations or accidents pay on average $1,670 more every year to insure their Camaro