Chevrolet Camaro Insurance Rates

Average insurance rates for a Chevrolet Camaro are $1,434 a year with full coverage. Comprehensive costs approximately $308 a year, collision costs $552, and liability insurance is estimated at $416. A policy with just liability insurance costs approximately $474 a year, with coverage for high-risk drivers costing around $3,106. Teenage drivers receive the highest rates at $5,342 a year or more.

Average premium for full coverage: $1,434

Rate estimates by individual coverage type:

Estimates include $500 policy deductibles, split liability limits of 30/60, and includes UM/UIM and medical coverage. Rates are averaged for all U.S. states and Camaro trim levels.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city has a significant impact on the price of insurance. Rural locations tend to have lower incidents of collision claims than densely populated cities.

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

These examples demonstrate why it is important to get quotes using their specific location, rather than relying on average rates.

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

Rates by State, City, and Model

The chart below details estimated Chevrolet Camaro insurance rates for additional coverage and risk scenarios.

• The best discount rate is $823
• Choosing higher $1,000 deductibles can save $1,240 annually
• The estimated price for a 40-year-old driver who chooses $500 deductibles is $1,434
• Using low $100 deductibles for comp and collision coverage bumps up the cost to $1,814
• High-risk insureds who are prone to accidents and violations could pay around $3,106 or more
• The cost that insures a teen driver can cost $5,342 each year

View Chart as Image

Insurance rates for a Chevrolet Camaro can also vary considerably based on the trim level of your Camaro, your age and driving habits, and physical damage deductibles and liability limits.

If you like to drive fast or you caused an accident, you may be forking out anywhere from $1,700 to $2,300 additional per year, depending on your age. A high-risk auto insurance policy ranges anywhere from 43% to 132% more than a normal policy. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles could pay as little as $1,300 annually on average for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records should be prepared to pay in the ballpark of $5,300 a year. View Rates by Age

Where you live plays a big part in determining prices for Chevrolet Camaro insurance rates. A good driver about age 40 could pay as low as $1,030 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,940 on average in New York, Michigan, and Florida.

View Chart as Image

Using high physical damage deductibles can save as much as $580 each year, while buying higher liability limits will push rates upward. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $375 more each year. View Rates by Deductible or Liability Limit

With so much variability in rates, the best way to find out who has the cheapest auto insurance rates is to get quotes from as many companies as possible. Each auto insurer uses a different method to calculate rates, and rates can be significantly 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 Low Cost Chevrolet Camaro Insurance

Saving money on Chevrolet Camaro insurance takes being a good driver, having a good credit score, eliminating unnecessary coverage, and qualifying for all possible discounts. Compare prices at least once a year by getting quotes from direct companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.

The following list is a review of the primary concepts that were covered above.

• You may be able to save around $170 per year simply by quoting early and online
• High-risk drivers who have several accidents or serious violations may have to pay on average $1,670 more per year than a safer driver
• Increasing deductibles can save approximately $575 each year
• Drivers age 16 to 20 are the costliest to insure, with premiums as much as $445 per month if comprehensive and collision insurance is included