Chevrolet Camaro Insurance Rates

The average insurance rates for a Chevrolet Camaro are $1,442 a year for full coverage. Comprehensive insurance costs an estimated $320 each year, collision costs $566, and liability costs around $398. Buying just liability costs as low as $460 a year, with insurance for high-risk drivers costing $3,116 or more. 16-year-old drivers cost the most to insure at $5,330 a year or more.

Average premium for full coverage: $1,442

Policy rates broken down by type of insurance:

Estimates include $500 physical damage insurance deductibles, split liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Prices are averaged for all states and Camaro models.

Price Range Variability

Urban vs. Rural Price Range

Where you live can have significant affects on insurance rates. More rural locations are shown to have lower incidents of accident claims than congested cities.

The graphic below illustrates how where you live affects insurance prices.

The examples above show why all drivers should compare prices for a targeted area, instead of using rate averages.

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

Additional Rate Analysis

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

• The best full coverage rate is $827
• Using higher $1,000 deductibles will save approximately $202 a year
• The estimated price for a good driver age 40 who has $500 deductibles is $1,442
• Buying low deductibles for physical damage coverage will cost an additional $390 every year
• Drivers with multiple tickets or accidents could pay up to $3,116 or more
• Policy cost that insures a teen driver can cost as much as $5,330 or more

View Chart as Image

Insurance rates for a Chevrolet Camaro also range considerably based on the trim level and model year, how you drive, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you could be paying $1,700 to $2,300 extra every year, depending on your age. Insurance for high-risk drivers can be as much as 43% to 132% more than the average rate. View High Risk Driver Rates

More mature drivers with a clean driving record and higher comprehensive and collision deductibles may pay as little as $1,300 a year, or $108 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records can expect to pay at least $5,300 a year. View Rates by Age

Your home state has a huge impact on Chevrolet Camaro insurance prices. A driver around age 40 might see rates as low as $950 a year in states like Iowa, Maine, and Idaho, or at least $2,060 on average in New York, Louisiana, and Michigan.

View Chart as Image

Opting for high physical damage deductibles could cut rates by as much as $600 every year, whereas increasing liability limits will increase premiums. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $358 more per year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to know which auto insurance is cheapest is to do a rate comparison and see which company has the best rate. Each insurance company utilizes a different rate formula, so the rates will be varied.

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 Low Cost Chevrolet Camaro Insurance

Finding cheaper rates on car insurance requires being a low-risk driver, having above-average credit, avoid buying unnecessary coverage, and taking advantage of discounts. Comparison shop at least once a year by requesting rates from direct carriers, and also from your local independent and exclusive agents.

The items below are a review of the primary concepts that were touched on in the above illustrations.

• Drivers can save approximately $180 per year simply by quoting online in advance
• Higher risk drivers who have several accidents or serious violations may pay on average $1,670 more annually to insure their Camaro
• Increasing comprehensive and collision deductibles can save approximately $600 each year
• Teen drivers are charged the highest rates, costing up to $444 each month if full coverage is included