Car Insurance for Chevy Camaros

The Chevrolet Camaro has been a part of the American auto scene for decades and since its inception, thousands have been purchased. With so much on the road, finding auto insurance for a Chevy Camaro sports car may be a priority for many drivers. Car insurance rates for the Chevy Camaro price range, depending on the amount of coverage you choose and other personal factors.

According to a Bankrate review of rates from Quadrant Information Services, the average cost of auto insurance in the US is $1,674 per year for a full coverage policy. Chevy Camaro insurance may cost more or less than the national average, although factors such as your driving history, where you live, choice of coverage and the insured driver can also affect the amount you pay under insurance.

Models included in this review

The Chevy Camaro is considered a sports car, which, depending on the driver, can increase the cost of car insurance. There are coupe and convertible options, each of which can change the premium.

How much does it cost to insure a Chevy Camaro?

For perspective, the average cost of insurance in the US is $1,674 per year for a full coverage policy. When it comes to premiums, many factors affect the amount you pay, including the make and model of the vehicle. Breakdown statistics, part prices, and safety features are just a few examples of how make and model can have a strong influence on price:

  • Damage stats: 2020 crash data from the Insurance Institute for Highway Safety (IIHS) shows the Chevy Camaro earning some “good” ratings – the highest score available. The roof strength rating is recorded as average, while the latch system gets a marginal evaluation. Crash data can have an impact on how much an operator costs, thus helping that the Chevrolet Camaro get a good reception overall.
  • Price of spare parts: The Chevy Camaro is made in the US, which means many parts are not reliant on imports. This may also have an impact on insurance costs, as replacement parts can be more expensive if imported.
  • Security features: The Chevy Camaro includes many standard safety features, including an airbag system and youth driver profile to limit certain features to younger drivers. Many of these standard features can mean additional discounts on premiums.

Car insurance for Chevy: by model

While rates are based on certain personal factors, it may be useful to review the average insurance rates for the Chevy Camaro for minimum and full coverage options.

Car insurance for Chevy Camaro

Almost every state legally requires drivers to carry minimum liability insurance. The table below shows how buying only the minimum is usually the least expensive route, although insurance agents often recommend a higher amount of coverage. Full coverage policies are usually more expensive, but they also help reduce how much you have to pay yourself in the event of an accident or damage to your Chevy Camaro.

Camaro car insurance Average annual premium
Minimum coverage $501
Full coverage $1,916

Cheapest car insurance company for Chevys

Bankrate reviewed several quotes for auto insurance rates for the Chevy Camaro based on the largest insurance carriers. Rates for this particular model vary as much as the insurance carriers themselves, highlighting how different rates can be from one to another. In this particular example, USAA and Amica provide the lowest average price. However, it’s important to remember that fares are based on a variety of personal information, which can include the driver’s zip code, gender, age, marital status and driving history.

Average annual premium for full coverage by model

Chevy features that affect insurance costs

Because several standard and optional features are available, how much you pay for auto insurance for a Chevy Camaro coupe or convertible may vary based on:

  • Air bag: Upgraded safety equipment, such as airbags, may be one way to get an additional discount on insurance premiums. Airbags are standard on the Chevrolet Camaro, with a system that includes frontal and side impact airbags and a head-curtain.
  • Blind zone warning: Blind spot warning and lane change warning systems are also standard with the Chevy Camaro. It makes a warning sound, immediately alerting you to other objects or vehicles located within the blind spot.
  • Daytime running light: This standard feature is sometimes considered a security-enhanced addition by the operator and can result in additional savings.

Other car insurance coverage for Chevy Camaro

When choosing car insurance for a Chevy Camaro, there are a variety of options beyond minimum coverage. Some options add convenience if you find yourself without your vehicle, but others may cover significant medical expenses and lost income if you are involved in an accident.

  • Comprehensive coverage: This coverage provides payment for repair or replacement if your vehicle is damaged by something other than a collision. For example, if the vehicle is damaged due to theft, vandalism, weather-related events or being hit by an animal.
  • Collision coverage: Collision coverage pays for the repair or replacement of the vehicle if it is damaged in an intentional accident. It can either pay for the necessary repairs or pay the book value if the damage is sufficient for the total loss.
  • Coverage of uninsured/less insured riders: Depending on the state you live in, uninsured/insured (UM/UIM) rider coverage may be optional or mandatory. This coverage can pay if your Chevrolet Camaro is involved in a hit and run accident or is involved in an accident with someone who does not carry adequate insurance or coverage.
  • Personal injury protection (PIP): Like UM/UIM coverage, PIP is mandated in some states and optional in others. This coverage pays for medical expenses, lost wages and funeral expenses related to the accident regardless of the fault. This protection applies to you and your passengers.
  • Roadside assistance: This extra coverage provides assistance if you find your vehicle to be inoperable due to issues such as lack of fuel, dead battery or flat tire. Maybe roadside assistance is included in the purchase of a new vehicle, but if not, consider adding this for emergency situations.
  • Gap insurance: If your vehicle is completely damaged due to an accident and the payment is less than the loan amount you still have to pay, then this insurance pays the difference. Most lenders require this coverage if you are financing a vehicle.


Bankrate uses Quadrant Information Services to analyze 2021 rates for all postal codes and carriers across all 50 states and Washington, D.C. Rates quoted are based on male and female drivers aged 40 years with clean, good credit, and complete driving records and limits. scope:

  • Liability for bodily injury $100,000 per person
  • $300,000 liability for bodily injury per accident
  • Property damage liability $50,000 per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision reduction
  • $500 comprehensive deductible

To determine the minimum coverage limit, Bankrate uses the minimum coverage that meets the requirements of each state. Our basic driver profile has a 2019 Chevy of the following model types, traveling five days a week and driving 12,000 miles per year:

These are sample rates and should only be used for comparison purposes.

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