Annual full coverage car insurance for a Chevrolet Camaro ranges from $1,051 to $6,558. Rates depend on the car's model year, driver's age, location, driving history and insurer. This article breaks down Chevrolet Camaro insurance costs and coverage, offering insights into the best companies and most affordable options.
Chevrolet Camaro Insurance Cost
Updated: February 18, 2025
Key Takeaways
GEICO offers the lowest annual minimum coverage rates, averaging $489 across all Chevrolet Camaro model years.
The average cost of car insurance for a Chevrolet Camaro is $600 for minimum coverage and $1,508 for full coverage annually.
MoneyGeek analyzed 3,884 quotes for a Chevrolet Camaro from Quadrant Information Services to provide reliable and comprehensive insights into insurance costs.
Chevrolet Camaro Insurance Rates
What Is the Average Chevrolet Camaro Car Insurance Cost?
The average full coverage insurance cost for a Chevrolet Camaro is $126 per month or $1,508 per year, based on a 40-year-old male driver with a clean driving record. Minimum coverage averages $50 monthly or $600 annually.
| Minimum Coverage | $600 |
| Full Coverage | $1,508 |
Chevrolet Camaro Insurance Costs by Company
Chevrolet Camaro insurance costs range from $1,092 to $2,467 per year, depending on age, model year and coverage level. The table below compares average rates from various national and mid-size insurers to the overall average rates for all vehicles from the same companies.
| Allstate | $1,590 | $1,812 | -12% |
| Auto-Owners | $1,220 | $1,226 | 0% |
| Farmers | $1,818 | $1,955 | -7% |
| GEICO | $1,320 | $1,331 | -1% |
| Kemper | $2,467 | $2,207 | 12% |
| Nationwide | $1,629 | $1,587 | 3% |
| Progressive | $1,717 | $1,742 | -1% |
| State Farm | $1,299 | $1,268 | 2% |
| Travelers | $1,550 | $1,520 | 2% |
| USAA | $1,092 | $1,200 | -9% |
Read more: Best Car Insurance Companies
Cost of Insuring a Chevrolet Camaro by Model Year
The year your Chevrolet Camaro was produced can impact your insurance rates, with older models typically costing less to insure. For example, full coverage for a 2022 Camaro might cost $1,708 annually, while a 2010 model averages $1,313. Below are the average full and minimum coverage rates for each Camaro production year.
| 2022 | $610 | $1,708 |
| 2021 | $617 | $1,716 |
| 2020 | $585 | $1,670 |
| 2019 | $603 | $1,631 |
| 2018 | $595 | $1,585 |
| 2017 | $582 | $1,547 |
| 2016 | $619 | $1,508 |
| 2015 | $628 | $1,469 |
| 2014 | $603 | $1,433 |
| 2013 | $629 | $1,396 |
| 2012 | $627 | $1,360 |
| 2011 | $624 | $1,336 |
| 2010 | $617 | $1,313 |
Chevrolet Camaro Insurance Costs by Driver Age
Chevrolet Camaro insurance rates vary greatly with the driver's age. For example, the average annual full coverage rate is $1,513 for 40-year-olds, compared to $6,558 for 16-year-olds. Below are the average full coverage and minimum coverage rates for Camaro drivers across age ranges.
| 16 | $2,789 | $6,558 |
| 17 | $2,281 | $5,365 |
| 18 | $1,994 | $4,738 |
| 19 | $1,422 | $3,401 |
| 20 | $1,277 | $3,094 |
| 21 | $1,015 | $2,501 |
| 22 | $927 | $2,299 |
| 23 | $860 | $2,146 |
| 24 | $815 | $2,041 |
| 25 | $715 | $1,807 |
| 26 | $696 | $1,762 |
| 27 | $679 | $1,722 |
| 28 | $668 | $1,695 |
| 29 | $658 | $1,670 |
| 30 | $635 | $1,605 |
| 35 | $617 | $1,548 |
| 40 | $611 | $1,513 |
| 45 | $605 | $1,488 |
| 50 | $590 | $1,440 |
| 55 | $574 | $1,397 |
| 60 | $574 | $1,393 |
| 65 | $611 | $1,449 |
| 70 | $664 | $1,552 |
| 75 | $737 | $1,701 |
| 80 | $833 | $1,891 |
| 85 | $900 | $2,024 |
| 90 | $949 | $2,119 |
Chevrolet Camaro Insurance Rates Explained
Several factors tied to your vehicle can affect your car insurance rates, including the make, model, age, safety features, repair costs and theft rates. Insurers use them to assess risk and set premiums.
Chevrolet Camaro Rates vs. National Average
All Vehicles
Average Full Coverage Rate
$1,296Chevrolet Camaro
Average Full Coverage Rate
$1,508Premiums for Chevrolet Camaro are:$212 more
This is 16% more expensive.
Value
The Chevrolet Camaro's MSRP of $47,385 classifies it as a sports car, which typically raises insurance premiums due to its higher value and performance capabilities.
Repair costs
The annual repair cost for the Chevrolet Camaro is $585, lower than the national average. Easier and cheaper repairs can lower insurance costs.
Performance
The Chevrolet Camaro goes from 0 to 60 in 3.9 seconds with horsepower ranging from 335 to 455, classifying it as a high-performance vehicle. Insurers may charge more due to the risk associated with high performance.
Vehicle age
Newer cars are typically more expensive to insure than older models. However, collector vehicles can be an exception.
Safety features
Safety features like stability control, airbags and antilock brakes can qualify the Chevrolet Camaro for insurance discounts. It has a 5 out of 5 NHTSA safety rating.
Vehicle size
Larger vehicles cost more to insure due to potential property damage. The Chevrolet Camaro, with a curb weight of 3,865 lbs, may have higher insurance costs.
Trim level
Higher trim levels with premium upgrades lead to a higher MSRP, increasing insurance costs. The Chevrolet Camaro's higher trims cost more to insure than the base model.
Theft rates
Vehicles at higher risk of being stolen cost more to insure. According to the Highway Loss Data Institute (HLDI), the Chevrolet Camaro has a high theft claim frequency of 173, which may raise insurance rates.
Anti-theft features
The Chevrolet Camaro includes standard anti-theft features, which may help lower insurance premiums.
Cheapest Chevrolet Camaro Insurance
GEICO offers the cheapest minimum coverage for a Chevrolet Camaro at $489 annually, based on a 40-year-old male driver with a clean driving record. Below is a breakdown of the most affordable insurance options across different coverage levels, age groups, driving records, model years and more.
Cheapest Chevrolet Camaro Insurance by Coverage Level
The coverage level you choose greatly affects your Chevrolet Camaro insurance rate. GEICO offers the lowest minimum coverage rate, while State Farm is the most affordable for full coverage. Below is a breakdown of the cheapest providers for both coverage types.
Cheapest Chevrolet Camaro Minimum Coverage
For Chevrolet Camaro owners, GEICO offers the cheapest minimum coverage at $41 per month, followed closely by State Farm at $44. Travelers and Allstate's rates are competitive at $54.
| USAA | $31 | $370 |
| GEICO | $41 | $489 |
| State Farm | $44 | $525 |
| Travelers | $54 | $646 |
| Allstate | $54 | $651 |
| Farmers | $55 | $664 |
| Progressive | $58 | $698 |
| Nationwide | $60 | $715 |
*GEICO offers the lowest average minimum coverage insurance rate for non-military-affiliated Chevrolet Camaro owners. USAA is the most affordable option for military-affiliated drivers.
Best Chevrolet Camaro Insurance Rates by Model Year
The above list doesn't account for your vehicle's model production year, so lower rates might be available depending on your Camaro's age. To find the cheapest minimum coverage rates for your Chevrolet Camaro production year, filter the table below.
Data filtered by:Results filtered by:
Select
Model Year:2010
| Allstate | $673 | $56 |
| Farmers | $718 | $60 |
| GEICO | $508 | $42 |
| Nationwide | $706 | $59 |
| Progressive | $713 | $59 |
| State Farm | $471 | $39 |
| Travelers | $687 | $57 |
| USAA | $353 | $29 |
*USAA is available only to military veterans, active service members and their families.
Cheapest Full Coverage Chevrolet Camaro Insurance
State Farm offers the most affordable full coverage insurance for a Chevrolet Camaro at $106 monthly or $1,271 annually. Below is a comprehensive list of full coverage providers and their rates for the Camaro.
| USAA | $88 | $1,051 |
| State Farm | $106 | $1,271 |
| GEICO | $108 | $1,296 |
| Allstate | $127 | $1,527 |
| Nationwide | $128 | $1,538 |
| Travelers | $129 | $1,542 |
| Progressive | $141 | $1,688 |
| Farmers | $142 | $1,706 |
*On average, State Farm is the cheapest insurer for non-military-affiliated Chevrolet Camaro owners seeking full coverage. For military-affiliated drivers, USAA is the most affordable option.
Cheapest Chevrolet Camaro Insurance by Age
Younger drivers aged 16 to 25 and seniors 55 and up often pay more for Chevrolet Camaro insurance. Below is a breakdown of the cheapest Camaro insurance by age.
Cheapest Chevrolet Camaro Insurance for Young Drivers
Young Chevrolet Camaro drivers can find the cheapest minimum coverage with GEICO at $1,152 annually or $96 per month. Below is a table showing the most affordable options for young drivers.
| USAA | $63 | $760 |
| GEICO | $96 | $1,152 |
| State Farm | $96 | $1,156 |
| Travelers | $113 | $1,354 |
| Allstate | $122 | $1,467 |
| Farmers | $150 | $1,803 |
| Nationwide | $159 | $1,907 |
| Progressive | $170 | $2,044 |
*GEICO is the cheapest insurer for young, non-military-affiliated drivers. USAA is the most affordable option for military-affiliated drivers.
Cheapest Chevrolet Camaro Insurance for Seniors
State Farm offers the cheapest car insurance for seniors aged 55 and up, averaging $41 monthly or $490 annually. See the full list of affordable Chevrolet Camaro insurers below.
| USAA | $41 | $490 |
| State Farm | $48 | $579 |
| GEICO | $48 | $580 |
| Travelers | $65 | $775 |
| Allstate | $66 | $788 |
| Nationwide | $70 | $841 |
| Progressive | $73 | $877 |
| Farmers | $74 | $893 |
*State Farm is the cheapest insurer for senior, non-military-affiliated Chevrolet Camaro owners. USAA is the most affordable option for military-affiliated drivers.
Cheapest Chevrolet Camaro Insurance After an Accident
For Chevrolet Camaro drivers, State Farm, GEICO and Allstate offer the most affordable car insurance after an accident. See the complete list of the cheapest options below.
| USAA | $46 | $557 |
| State Farm | $55 | $657 |
| GEICO | $64 | $767 |
| Allstate | $74 | $885 |
| Travelers | $78 | $937 |
| Nationwide | $93 | $1,110 |
| Progressive | $95 | $1,142 |
| Farmers | $112 | $1,349 |
Chevrolet Camaro Insurance Cost: Bottom Line
Make it a habit to compare car insurance rates from different providers to find the best deals. This article provides an in-depth look at Chevrolet Camaro insurance costs, covering various demographic groups and highlighting the most affordable providers.
Chevrolet Camaro Insurance Rates: FAQ
We answer some common questions about Chevrolet Camaro insurance costs to help you understand potential expenses and find affordable options.
What company has the cheapest car insurance for a Chevrolet Camaro?
GEICO offers the most affordable insurance for a Chevrolet Camaro, with an annual minimum coverage rate of $489.
What is the average cost of car insurance for a Chevrolet Camaro?
The average cost of minimum coverage insurance for a Chevrolet Camaro is $600, while full coverage averages $1,508 annually.
Chevrolet Camaro Insurance Ratings: Our Review Methodology
MoneyGeek analyzed data and 3,884 quotes for a Chevrolet Camaro from Quadrant Information Services.
Drivers and Cars
MoneyGeek used a sample driver profile with the following characteristics to calculate the average rates for insuring a Chevrolet Camaro:
- 40-year-old male
- Clean driving record
- 12,000 miles driven annually
We also modified the sample driver profile to determine Chevrolet Camaro insurance rates for different age groups, driving records and model years. MoneyGeek collected data for the following model years:
- 2012
- 2013
- 2014
- 2015
- 2016
- 2017
- 2018
- 2019
- 2020
- 2021
- 2022
If data on specific model years wasn't available, our data scientists estimated rates based on how insurers typically price car models each year. The published rates are estimates and may not reflect the rate you'll receive for your Chevrolet Camaro.
Coverage Levels
Each state differs in minimum coverage requirements, so our rates are a combination of minimum coverage policies in the states where we gathered our data.
MoneyGeek’s analysis also includes average rates for a full coverage policy that includes comprehensive and collision coverage (with a $1,000 deductible) and the following increased coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $100,000 property damage liability per accident
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.