Compare the Cost of Chevrolet Camaro SS Insurance by Model Year and Company

Chevrolet Camaro SS insurance costs depend on several factors, including the driver's age. Younger drivers often pay significantly more to insure their vehicles. For instance, full coverage for a 2010 Chevrolet Camaro SS costs an average of $1,330 per year for a 40-year-old driver. A 16-year-old driver, on the other hand, can expect to pay as much as $6,082 per year for the same policy.

Similarly, for a 2022 model, the annual insurance cost averages $1,756 for a 40-year-old driver and $7,925 for a 16-year-old driver.

We also examined the pricing for the various trims available for this model, including the Chevrolet Camaro and Chevrolet Camaro ZL1.

The Chevrolet Camaro SS costs an average of $1,587 per year to insure, but the actual cost may vary depending on your preferred insurance provider. State Farm is the cheapest car insurance company for full coverage, with an annual cost of $1,299. Conversely, Progressive is the most expensive at $1,818 per year.

The average Chevrolet Camaro SS insurance costs $524 per year for minimum coverage. GEICO offers the cheapest minimum coverage policy at an average annual cost of $466, while Progressive's is the priciest at $702 per year.

Insurance companies consider multiple factors when calculating policy rates. Several factors contribute to the moderately priced insurance rates for the 2022 Chevrolet Camaro SS. Given its starting price of $43,895, insurers may adjust premiums to account for potential expenses associated with repairs or replacements in the event of an accident.

The high horsepower of the Camaro SS is another contributing factor to its expensive insurance costs. Being a high-performance car with a powerful engine capable of reaching high speeds, insurers may perceive it as riskier to insure. Consequently, insurance providers may believe that drivers of this car are more likely to be involved in accidents.

According to the latest data from the National Highway Traffic Safety Administration (NHTSA), the Camaro SS is stolen at an above-average rate. Being a high-end sports car, it is a prime target for thieves, which can result in insurance companies charging higher premiums to account for this risk.

Though cost is a significant factor to consider when purchasing insurance, several other factors impact the cost of insuring a Chevrolet Camaro SS. The following companies offer the best Camaro SS insurance with excellent service and affordable rates:

• State Farm: MoneyGeek score of 90 out of 100 ($1,299 per year)
• GEICO: MoneyGeek score of 88 out of 100 ($1,399 per year)

State Farm provides the least expensive rates out of the seven insurers we analyzed. It has the second-highest customer satisfaction rating, delivering excellent service at a reasonable cost.

The model year of your vehicle can significantly impact its average car insurance cost. For instance, insuring a 2010 Chevrolet Camaro SS costs an average of $1,330 per year, whereas insuring a 2022 model costs $1,756 per year. Generally, insuring newer cars tends to be more expensive due to their higher value and the potential for increased repair or replacement costs in the event of theft or damage.

Chevrolet Camaro SS insurance costs can vary depending on the insurer and the vehicle's model year. State Farm offers the most affordable policy for a 2010 Camaro SS, priced at $1,062 per year, while Nationwide provides the most affordable policy for a 2022 model, costing $1,517 per year.

Car insurance expenses for the Chevrolet Camaro SS highly depend on the driver's age. Younger motorists, especially teenagers and those in their 20s, are charged considerably higher rates than individuals over 30. For instance, Chevrolet Camaro SS insurance costs for 16-year-old drivers would cost around $6,915 per year, while a 40-year-old driver should expect to pay about $1,531 annually. Remember that teen car insurance costs gradually decrease with age and often level off as drivers reach their 20s.

Insuring a teen driver can be expensive, and buying an individual policy for them can cost much more than adding them to an existing family plan. Hence, one of the most cost-effective ways to get insured is by adding the teen to the family policy.

A 16-year-old driver of a 2022 Camaro SS can get the cheapest insurance with State Farm at $5,050 per year under an individual plan, while the most expensive option is Progressive at $12,519 per year. Teens and their families need to compare different options to find the least expensive insurance policy for their Chevrolet Camaro SS.

Multiple factors influence car insurance rates, such as the vehicle's make and model and the driver's age. However, the impact of location on rates can be more significant than other factors. For instance, the most affordable insurance company for Chevrolet Camaro SS coverage can vary from state to state. Idaho boasts the lowest average premiums at $299 per year, while Florida has the highest at $1,058 annually. We recommend comparing quotes from several affordable insurers in your state to find the best rates for insuring your Chevrolet Camaro SS.

MoneyGeek answered some of the most frequently asked questions from Chevrolet Camaro SS car owners regarding insurance costs and service quality.