Chevrolet Camaro Insurance Rates

The average insurance rates for a Chevrolet Camaro are $1,434 a year for full coverage. Comprehensive insurance costs around $308 a 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 $3,106 or more. Teen drivers cost the most to insure at $5,342 a year or more.

Average premium for full coverage: $1,434

Policy rates for type of insurance:

These estimates include $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes both medical and uninsured motorist insurance. Prices are averaged for all states and Camaro trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location has a significant impact on auto insurance rates. Areas with sparse population are shown to have lower incidents of accident claims than larger metro areas.

The diagram below illustrates how rural and urban location affects auto insurance rates.

The examples above show why it is important to compare rates for a specific zip code, rather than relying on price averages.

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

Additional Rate Details

The chart below shows estimated Chevrolet Camaro insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $823
• Drivers who choose higher $1,000 deductibles will pay about $1,240 a year
• The estimated price for a good driver age 40 using $500 deductibles is $1,434
• Choosing low $100 deductibles for comprehensive and collision insurance will cost an additional $380 a year
• High risk drivers with multiple violations and an at-fault accident could pay at least $3,106 or more
• Policy cost that insures a teen driver can be $5,342 a year

View Chart as Image

Auto insurance rates for a Chevrolet Camaro also range considerably based on the trim level of your Camaro, how you drive, and deductibles and policy limits.

If you have a few points on your driving record or you caused an accident, you could be paying at least $1,700 to $2,300 in extra premium every year, depending on your age. A high-risk auto insurance policy can cost anywhere from 43% to 132% more than average. View High Risk Driver Rates

Older drivers with a good driving record and higher comprehensive and collision deductibles could pay as little as $1,300 per year on average, or $108 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records will have to pay as much as $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 Idaho, Maine, and Iowa, or as much as $2,050 on average in Michigan, Louisiana, and New York.

View Chart as Image

Choosing high deductibles could save up to $580 each year, while buying higher liability limits will increase rates. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $375 extra every year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to know your exact price is to get quotes from as many companies as possible. Every company uses a different rate calculation, and quoted 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 Cheap Chevrolet Camaro Insurance

Finding cheaper rates on Chevrolet Camaro insurance not only requires having a decent driving record, but also maintaining a good credit score, avoid buying unnecessary coverage, and maximizing policy discounts. Shop around at least every other year by requesting rates from direct carriers, and also from several local insurance agents.

The following items are a brief summary of the car insurance concepts raised in the charts and tables above.

• High-risk drivers that tend to have accidents or serious violations pay on average $1,670 more every year than a driver with a clean driving record
• Drivers can save up to $170 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles can save approximately $575 each year
• Drivers who may need additional liability coverage will pay about $460 each year to go from a 30/60 limit to the 250/500 level