Chevrolet Camaro Insurance Rates

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 coverage costs as little as $474 a year, with high-risk coverage costing $3,106 or more. Teen drivers receive the highest rates at $5,342 a year or more.

Average premium for full coverage: $1,434

Rate estimates for individual coverage type:

Rates are based on $500 policy deductibles, liability coverage up to 30/60, and includes additional medical/uninsured motorist coverage. Rates are averaged for all states and Camaro trim levels.

Price Range by Coverage and Risk

Price Range by Location

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

The diagram below illustrates how where you live affects auto insurance rates.

These examples show why it is important to compare rates for a specific zip code and risk profile, rather than relying on price 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 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 average rate for a 40-year-old driver using $500 deductibles is $1,434
• Choosing low $100 deductibles for comprehensive and collision insurance will cost an extra $380 a year
• High risk drivers with multiple violations and an at-fault accident could pay at least $3,106 or more
• The cost for full coverage for a teen driver can be $5,342 a year

View Chart as Image

Car insurance rates for a Chevrolet Camaro can also vary considerably based on your driver profile, the trim level of your Camaro, and deductibles and policy limits.

Older drivers with no driving violations and high deductibles could pay as little as $1,300 per year on average for full coverage. Rates are highest for teen drivers, where even good drivers will be charged as much as $5,300 a year. View Rates by Age

Where you live 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 limit to a 250/500 limit will cost as much as $375 extra every 12 months. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying at least $1,700 to $2,300 extra per 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

With so much variability in rates, 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, so rate quotes can be significantly different 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 Cheap Chevrolet Camaro Insurance

Saving money on Chevrolet Camaro insurance not only requires being a good driver, but also having above-average credit, eliminating unneeded coverage, and qualifying for all possible discounts. Take the time to comparison shop every time your policy renews by getting quotes from direct carriers like GEICO and Progressive, and also from local insurance agents.

The following list is a quick review of the information touched on in the above illustrations.

• Drivers can save up to $170 per year simply by quoting early and online
• Drivers age 16 to 20 are the costliest to insure, costing as high as $445 per month if full coverage is included
• Increasing deductibles can save around $575 each year
• High-risk drivers with a DUI or reckless driving violation may be required to pay an average of $1,670 more every year than a safer driver
• Drivers who may need an increased level of liability coverage will pay about $460 each year to go from a minimum limit to 250/500 limits