Chevrolet Camaro Insurance Rates

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

Average premium for full coverage: $1,442

Policy rates by type of insurance:

These estimates include $500 comprehensive and collision deductibles, 30/60 liability coverage, and includes uninsured motorist and medical coverage. Prices are averaged for all 50 U.S. states and Camaro trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can make a big difference on car insurance rates. Rural areas are shown to have a lower frequency of comprehensive and collision claims than densely populated cities. The diagram below illustrates how rural and urban location affects car insurance rates.

The examples above highlight why it is important to compare rates quotes based on a specific location and risk profile, instead of making a decision based on average rates.

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

Additional Rate Information

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

• The best discount rate is $827
• Raising to $1,000 deductibles will save around $1,240 every year
• The average rate for a good driver age 40 with $500 deductibles is $1,442
• Using low $100 deductibles will cost an extra $390 annually
• Drivers who are prone to accidents and violations could pay upwards of $3,116
• Policy cost for full coverage for a 16-year-old driver may cost $5,330

View Chart as Image

Insurance rates for a Chevrolet Camaro also range considerably based on your risk profile, the model of your Camaro, and policy deductibles and limits.

Older drivers with no violations or accidents and high deductibles may pay as low as $1,300 every 12 months on average, or $108 per month, for full coverage. Rates are much higher for teenagers, where even good drivers should be prepared to pay upwards of $5,300 a year. View Rates by Age

Your home state also has a big influence on Chevrolet Camaro insurance prices. A middle-age driver might find rates as low as $1,110 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $2,060 on average in Michigan, New York, and Louisiana.

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $600 annually, while buying higher liability limits will cost you more. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $358 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying at a minimum $1,700 to $2,300 additional every year, depending on your age. A high-risk auto insurance policy is expensive and can cost from 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 Cheap Chevrolet Camaro Insurance

Finding cheaper rates on insurance for a Chevrolet Camaro consists of avoiding accidents and violations, having a good credit history, paying for small claims out-of-pocket, and dropping full coverage on older vehicles. Set aside time to shop around every year by getting rate quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The list below is a brief summary of the coverage data raised in the charts and tables above.

• You may be able to save as much as $180 per year just by quoting early and online
• Increasing comprehensive and collision deductibles can save around $600 each year
• Teenagers pay higher rates, with premiums being up to $444 each month including comprehensive and collision insurance
• Drivers considered higher risk that tend to have accidents or serious violations may pay on average $1,670 more each year for car insurance