How Much Is Car Insurance for a Chevrolet Camaro?

We collected quotes for eight model years and found that, on average, it costs $2,294 per year to insure a Camaro. Progressive offered the cheapest car insurance quotes for our sample Chevy Camaro driver, with an average annual rate of $1,875.

Cheapest insurance for the Chevrolet Camaro: Progressive

Progressive has the cheapest insurance for Camaro owners. A 30-year-old's rates are 18% cheaper than average. That's $447 per year less than average.

Allstate has the second-cheapest insurance for a Camaro. A policy for a 2017 Camaro costs $2,109 per year. That's 14% less than average. Plus, Geico's car insurance rates were, on average, 21% less than the most expensive company we surveyed, State Farm.

Average cost of Camaro insurance by year model

Average cost of Chevy Camaro insurance

Camaro vehicle value and insurance rates are closely related. New and expensive models from 2018 to 2021 usually have higher rates than older vehicles.

The 2014 Chevy Camaro has the cheapest quotes, $1,954 per year. This is 25% less than the cost to insure a 2021 Camaro — the model with the highest insurance costs.

Trim level also affects Camaro insurance rates. Higher trim levels usually mean higher rates. Trim level can strongly influence a vehicle's value. The value of your car affects how much your insurance company will have to pay out if you have a comprehensive or collision insurance claim.

For example, the 2021 Chevy Camaro SS costs $37,500. That's more than 47% more expensive than the 2021 Camaro LT, a cheaper trim level. Because of this value difference, Camaro SS owners will likely pay more for insurance than Camaro LT owners.

Another factor that affects how much it costs to insure a Camaro is your age. In general, younger drivers can expect to pay much more for car insurance than older drivers. Camaro insurance for a 21-year-old driver is 32% more expensive, on average, than it is for a 30-year-old.

How Camaro insurance costs compare to other vehicles

The Chevy Camaro is more expensive to insure than other muscle cars like the Ford Mustang and Dodge Charger.

Insuring a 2021 Camaro costs $2,612 per year. That's 14% more expensive than the 2021 Dodge Charger and 13% more expensive than the 2021 Ford Mustang. But the 2013 Chevrolet Camaro ZL1 is the second-cheapest muscle car to insure for young drivers.

Methodology

We gathered quotes from the largest auto insurance companies— State Farm, Progressive, Geico and Allstate — across dozens of ZIP codes in California. Quotes are for a 30-year-old male driver with a clean record. We gave him the following coverage limits:

Car prices were obtained from Cars.com.