Chevrolet Camaro Insurance Rates

The average insurance rates for a Chevrolet Camaro are $1,434 a year for full coverage. Comprehensive costs an estimated $308 each year, collision costs $552, and liability insurance costs $416. Liability-only insurance costs as little as $474 a year, with high-risk driver insurance costing around $3,106. Teenage drivers cost the most to insure at $5,342 a year or more.

Average premium for full coverage: $1,434

Policy rates broken down by type of insurance:

Rate estimates include $500 policy deductibles, liability coverage up to 30/60, and includes medical and UM/UIM coverage. Prices are averaged for all states and Camaro models.

Price Range Variability

Urban vs. Rural Price Range

Your location has a significant impact on insurance rates. More rural locations are shown to have a lower frequency of accident claims than densely populated cities.

The graphic below illustrates the difference between rural and urban areas on insurance prices.

The examples above show why all drivers should compare rates for a targeted area and risk profile, rather than relying on average rates.

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

More Rate Details

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

• The best discount rate is $823
• Drivers who choose higher $1,000 deductibles will pay approximately $194 a year
• The average rate for a good driver age 40 who has $500 deductibles is $1,434
• Using low deductibles for comprehensive and collision insurance will increase the cost to $1,814
• High risk drivers who are prone to accidents and violations could pay up to $3,106 or more
• Policy cost for full coverage for a teen driver can cost as much as $5,342 a year

View Chart as Image

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

More mature drivers with a good driving record and high deductibles could pay as little as $1,300 per year on average, or $108 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will have to pay at least $5,300 a year. View Rates by Age

Your home state makes a big difference in Chevrolet Camaro insurance rates. A 40-year-old driver 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

Using high physical damage deductibles could save up to $580 each year, whereas increasing liability limits will increase premiums. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $375 extra every year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying $1,700 to $2,300 in extra premium every year, depending on your age. Insurance for high-risk drivers can cost anywhere from 43% to 132% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the only way to know which auto insurance is cheapest is to do a rate comparison from as many companies as possible. Every company uses a different method to calculate rates, and quoted rates will be varied from one company to the next.

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 Best Chevrolet Camaro Insurance

Finding cheaper rates on Chevrolet Camaro insurance not only requires being safe and accident-free, but also having good credit, avoid buying unnecessary coverage, and qualifying for all possible discounts. Set aside time to compare rates every time your policy renews by obtaining price quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

Below you'll find a brief recap of the information covered above.

• Drivers can save approximately $170 per year simply by quoting online in advance
• Youthful drivers are the costliest to insure, costing up to $445 each month if they have full coverage
• Increasing comprehensive and collision deductibles can save around $575 each year
• High-risk drivers who tend to receive serious violations pay an average of $1,670 more annually than a low-risk driver
• Drivers who want more liability protection will pay an extra $460 each year to go from a 30/60 limit to 250/500 limits