Chevrolet Camaro Insurance Rates

The average auto insurance rates for a Chevrolet Camaro are $1,434 annually for full coverage. Comprehensive insurance costs an estimated $308 a year, collision insurance costs $552, and liability coverage is estimated at $416. Liability-only coverage costs approximately $474 a year, and high-risk coverage costs $3,106 or more. Teenage drivers cost the most to insure at up to $5,342 a year.

Average premium for full coverage: $1,434

Policy rates broken down by type of insurance:

Price estimates include $500 deductibles, minimum liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all states and Camaro trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on insurance rates. More rural locations are shown to have fewer accident claims than densely populated cities. The diagram below illustrates how rural and urban location affects insurance prices.

The examples above show why it is important to get quotes for a targeted area and their own personal driving habits, rather than using average rates.

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

Additional Rate Analysis

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

• The best discount rate is $823
• Choosing higher $1,000 deductibles can save approximately $1,240 a year
• The estimated rate for a good driver age 40 who has $500 deductibles is $1,434
• Using low $100 deductibles for comp and collision coverage costs an additional $380 each year
• Drivers who are prone to accidents and violations could pay up to $3,106
• Policy cost with full coverage for a teenage driver can cost as much as $5,342 each year

View Chart as Image

Insurance rates for a Chevrolet Camaro also range considerably based on the model year and trim level, your driver profile, and liability limits and deductibles.

Older drivers with no violations or accidents 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 should be prepared to pay at least $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 could be paying $1,700 to $2,300 additional every year, depending on your age. A high-risk auto insurance policy ranges around 43% to 132% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can save as much as $580 a year, while buying higher liability limits will increase premiums. Going from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $375 more each 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 $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

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 Cheaper Chevrolet Camaro Insurance

Finding cheaper rates on auto insurance takes not taking risks behind the wheel, having good credit, avoid buying unnecessary coverage, and possibly raising deductibles. Set aside time to shop around every couple of years by requesting rates from direct carriers like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

The following is a condensed summary of the material that was raised in the charts and tables above.

• Consumers who want higher liability limits will pay an extra $460 each year to raise limits from a 30/60 limit to higher 250/500 limits
• Teens are expensive to insure, costing up to $445 each month if they have full coverage
• Drivers with multiple at-fault accidents may pay on average $1,670 more annually for Camaro insurance
• Increasing comprehensive and collision deductibles could save up to $575 each year