Compare the Cost of Chevrolet Camaro ZL1 Insurance by Model Year and Company


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Age is a key factor that affects Chevrolet Camaro ZL1 insurance costs. For example, the average annual premium for a 2013 model is $7,604 for 16-year-olds, while 40-year-olds pay only $1,685. Similarly, a 16-year-old driver would pay $9,679 per year to insure a 2022 model, while a 40-year-old driver only pays $2,169 annually.

MoneyGeek also compared the best car insurance companies for the Chevrolet Camaro ZL1 based on cost, quality of service and claims handling.

We also analyzed the pricing for the unique trims available in this model, including the Chevrolet Camaro and Chevrolet Camaro SS.

MoneyGeek Logo IconCar Insurance CostsCamaro ZL1
2024

Why Trust MoneyGeek? We collected thousands of car insurance quotes from Quadrant Information Services to analyze the average rates for a Chevrolet Camaro ZL1.

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These rates were updated to reflect the average cost of car insurance for a Chevrolet Camaro ZL1 as of 2023.

10Companies Compared
 
29,880Quotes Analyzed

Average Cost and Cheapest Companies for Insuring a Chevrolet Camaro ZL1

While Chevrolet Camaro ZL1 insurance costs may vary between providers, the average annual price is $2,020. For instance, GEICO and State Farm charge the lowest rates for full coverage auto insurance at $1,838 per year, while Allstate charges $2,306 for the same model.

GEICO offers the most affordable minimum coverage policies at an average rate of $457 per year, whereas Progressive charges the most, at $685 per year. We recommend comparing prices from multiple providers to find the cheapest auto insurance for the Chevrolet Camaro ZL1.

Data filtered by:Results filtered by:
Age:
Age:40
Coverage:
Coverage:Full Coverage
GEICO$1,838
State Farm$1,838
Travelers$1,841
Nationwide$1,913
Progressive$2,118
Farmers$2,151
Allstate$2,306

Is a Chevrolet Camaro ZL1 Expensive to Insure?

The Chevrolet Camaro ZL1 is generally considered expensive to insure due to its high MSRP value of $64,395. Certain models may have higher insurance costs due to the vehicle's value, repair expenses or theft rates. For instance, the most recent data from the National Highway Traffic Safety Administration (NHTSA) indicates that this car model has an above-average theft rate, making it a riskier model to insure and thus not an inexpensive option.

Best Companies for Insuring a Chevrolet Camaro ZL1

When searching for the best auto insurance provider for a Chevrolet Camaro ZL1, consider factors like price, claims handling and customer service. Based on MoneyGeek's research, we recommend the following companies for the best Chevrolet Camaro ZL1 insurance:

  • Travelers: MoneyGeek score of 91 out of 100 ($1,841 per year)
  • State Farm: MoneyGeek score of 90 out of 100 ($1,838 per year)

Among the insurers analyzed, Travelers offers the second-lowest premiums and has the highest rating for coverage options. This means that it provides a broad selection of add-ons at a lower cost.

MoneyGeek Top Pick: Travelers

Travelers

pros

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Second-cheapest auto insurer for Chevrolet Camaro ZL1

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Has the highest coverage options rating

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Excellent customer service

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Offers accident forgiveness and gap insurance

cons

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Doesn’t offer deductible modification coverage

COMPANY HIGHLIGHTS

Travelers provides multiple coverage options at an affordable cost, making it the best Chevrolet Camaro ZL1 insurance option. The insurer also scored well for customer service and offers accident forgiveness and gap insurance.

Travelers' Responsible Driver Plan includes accident forgiveness, which allows for the forgiveness of one accident within a certain time period. This feature helps protect your premium from increasing due to individual mishaps.

Gap insurance can provide protection for your financed or leased vehicle. In a total loss, this covers the difference between the cash value of your car and the balance on the auto loan or lease.

Travelers also provides Premier New Car Replacement®, which provides you with additional coverage. If your new car is declared a total loss within the initial five years, this coverage will pay for a new vehicle of the same make and model as a replacement.

Read MoneyGeek's Travelers Auto Insurance Review

MoneyGeek Runner-Up: State Farm

State Farm

pros

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Offers the least expensive rates for Chevrolet Camaro ZL1

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Second-highest customer satisfaction score

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Offers roadside assistance and rental car and travel reimbursement

cons

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Doesn’t provide deductible modification or new car replacement coverage

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Poor claims management score

COMPANY HIGHLIGHTS

State Farm offers the most affordable insurance rates for the Chevrolet Camaro ZL1 and is recognized for its excellent customer service. While the coverage options may be limited, many drivers can still benefit from the available choices.

For instance, if you get into an accident while driving a rental car, State Farm will cover up to $500 of your deductible, which can help lower your out-of-pocket expenses. Additionally, if the accident occurs far from your home, State Farm will provide up to $500 in compensation to cover the costs of meals, lodging and transportation.

State Farm's roadside assistance coverage will cover the cost of services to help you get back on the road in case of a mechanical breakdown. This includes towing services, mechanical labor and up to one hour of locksmith services.

The insurer also offers coverage for delivering supplies, such as tires, batteries and oil. You'll still be responsible for the cost of the supplies.

Read MoneyGeek's State Farm Auto Insurance Review

Cost of Insuring a Chevrolet Camaro ZL1 by Model Year

The model year of your car is a significant factor in determining the average cost of auto insurance. Since the value of a car decreases over time, newer models are typically more costly to insure. The Chevrolet Camaro ZL1 is not an exception to this fact. For example, while a 2013 model would cost you $1,685 yearly for full coverage, insuring a 2022 model would set you back $2,169 per year.

Data filtered by:Results filtered by:
Age:
Age:40
Coverage:
Coverage:Full Coverage
2022$2,169
2021$2,136
2020$2,074
2019$2,066
2018$2,031
2017$1,940
2016$1,903
2015$1,838
2014$1,762
2013$1,685

Chevrolet Camaro ZL1 insurance costs can vary based on the insurance company and the specific model year of the car. For instance, State Farm offers the most affordable full coverage rate at $1,512 per year, while Farmers charges the most, at $1,899 per year. For a 2022 model, Nationwide provides the lowest premiums at $1,751 per year, while Allstate has the highest rate at $2,845 per year.

Data filtered by:Results filtered by:
Model Year:
Model Year:2022
Age:
Age:40
Coverage:
Coverage:Full Coverage
Nationwide$1,751
Travelers$1,973
State Farm$2,165
GEICO$2,183
Progressive$2,197
Farmers$2,433
Allstate$2,845

Cost of Insuring a Chevrolet Camaro ZL1 for 16- to 25-Year-Olds

Insurance rates for a Chevrolet Camaro ZL1 can differ depending on the driver's age, with younger drivers often paying higher rates than those aged 30 and above. For example, the average Chevrolet Camaro ZL1 insurance cost for 16-year-olds is around $8,805 per year, while a 40-year-old driver can expect to pay around $1,960 per year. Teen car insurance rates generally decrease as drivers age but usually stabilize when they reach their 20s.

Data filtered by:Results filtered by:
Coverage:
Coverage:Full Coverage
16$8,805
17$7,214
18$6,379
19$4,488
20$4,078
21$3,170
22$2,937
23$2,731
24$2,593
25$2,326

Including teen drivers on a family auto insurance policy is generally more affordable than purchasing an individual policy. For individual plans for the Chevrolet Camaro ZL1, State Farm provides the cheapest rates for a 16-year-old driver at $7,137 per year. Progressive is the most expensive, charging $12,431 per year. Families should shop around and compare multiple insurers to find the cheapest car insurance option for their teenage drivers.

Data filtered by:Results filtered by:
Age:
Age:16
Model Year:
Model Year:2022
Coverage:
Coverage:Full Coverage
State Farm$7,137
Nationwide$7,189
Travelers$8,271
GEICO$10,105
Farmers$11,764
Allstate$12,014
Progressive$12,431

How Does Location Affect the Cost of Chevrolet Camaro ZL1 Insurance?

Your location is a significant factor that impacts your car insurance rates just as much as your age and vehicle. The most affordable insurance provider for a particular car model varies by state, with Idaho having the lowest average premiums at $299 per year and Florida having the highest at $1,058 per year. To find the best and cheapest Chevrolet Camaro ZL1 insurance, compare quotes from multiple affordable insurance providers in your state.

Data filtered by:Results filtered by:
Age Group:
Age Group:30-59
Coverage:
Coverage:Full Coverage
AlabamaNationwide$709$59
AlaskaState Farm$699$58
ArizonaRoot Insurance Company$682$57
ArkansasState Farm$629$52
CaliforniaAAA California$1,001$83
ColoradoAmerican National P&C$541$45
ConnecticutGEICO$693$58
DelawareState Farm$881$73
District of ColumbiaGEICO$662$55
FloridaState Farm$1,058$88
GeorgiaCountry Financial$665$55
HawaiiGEICO$565$47
IdahoAmerican National P&C$299$25
IllinoisCountry Financial$663$55
IndianaAmerican Family$555$46
IowaState Farm$509$42
KansasNationwide$670$56
KentuckyNationwide$790$66
LouisianaLouisiana Farm Bureau$1,048$87
MaineConcord Group$521$43
MarylandProgressive$938$78
MassachusettsState Farm$483$40
MichiganGEICO$898$75
MinnesotaState Farm$797$66
MississippiDirect General Insurance$723$60
MissouriNationwide$909$76
MontanaProgressive$437$36
NebraskaAmerican National P&C$405$34
NevadaCSAA$940$78
New HampshireState Farm$540$45
New JerseyPlymouth Rock Assurance$895$75
New MexicoState Farm$644$54
New YorkKemper$781$65
North CarolinaErie$630$52
North DakotaAmerican Family$616$51
OhioNationwide$485$40
OklahomaState Farm$662$55
OregonState Farm$706$59
PennsylvaniaNationwide$580$48
Rhode IslandState Farm$700$58
South CarolinaAmerican National P&C$463$39
South DakotaAllstate$746$62
TennesseeState Farm$579$48
TexasState Farm$699$58
UtahNationwide$725$60
VermontState Farm$493$41
VirginiaAmerican Family$601$50
WashingtonPEMCO$534$44
West VirginiaErie$784$65
WisconsinGEICO$556$46
WyomingState Farm$745$62

Frequently Asked Questions About Chevrolet Camaro ZL1 Insurance

To help you research Chevrolet Camaro ZL1 insurance costs, we have answered some commonly asked questions about affordability and service quality.

What company has the cheapest car insurance for a Chevrolet Camaro ZL1?
What company offers the best car insurance for a Chevrolet Camaro ZL1?

About Mark Fitzpatrick


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Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.

Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.