Chevrolet Camaro Insurance Cost for 2023

How expensive are insurance rates for a Chevrolet Camaro?

We compared rate quotes from the 1LT Convertible trim level up to the higher cost ZL1 Coupe model to discover how insurance rates for the Camaro measure up to the 2023 sports car segment.

Start QuoteCompare Camaro car insurance rates and save on your next policy.

How much is insurance for a Camaro?

Ranked 15th out of 26 vehicles in the sports car class, Camaro car insurance rates average $2,310 annually, or around $193 monthly. With the average sports car costing $2,412 a year to insure, Camaro insurance costs $102 less each year.

The following chart shows average car insurance cost for a 2023 Chevy Camaro rated for different driver ages and risk profiles.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average rates are for a 2023 model year Chevrolet Camaro with safe driver and claim-free discounts applied to qualifying risk profiles. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others. Physical damage deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Rates are averaged across all U.S. states and all Chevrolet Camaro trim levels.Data last updated on January 23, 2023
Chevrolet Camaro Car Insurance Rates
Chevrolet Camaro Insurance Cost Summary
Driver Risk Profile Annual Rate Monthly Rate
High Risk Driver Age 30$5,222$435
Safe Driver Age 20$4,576$381
At-fault Accidents Age 40$3,260$272
Low Deductibles Age 40$2,978$248
Safe Driver Age 30$2,426$202
Safe Driver Age 40$2,310$193
Safe Driver Age 50$2,102$175
Safe Driver Age 60$2,062$172
High Deductibles Age 40$1,966$164
Discount Rate Age 40$1,916$160

To help you grasp how variable insurance rates for a Camaro are, think about the fact that insuring an older Camaro for only liability insurance in some parts of Illinois or North Carolina can cost as little as $209 a year. For the same model year of vehicle, average insurance cost for a 16-year-old driver with a tendency to speed in specific Philadelpha zip codes may have to pay as much as $13,240 a year for full coverage.

Some other notable rates and scenarios that can possibly earn policy discounts include:

  • Insuring teenagers can be very expensive. Chevrolet Camaro car insurance costs $8,320 per year for a 16-year-old driver, $7,752 per year for a 17-year-old driver, and $7,228 per year for a 18-year-old driver.
  • Clean up your credit to lower your rates. In states that have laws allowing an insured’s credit rating to be used for generating rates, having a good credit rating over 800 could save a minimum of $363 per year when compared to a slightly lower credit score between 670-739. Conversely, a below average credit score could cost as much as $420 more per year.
  • Your job could save you a few bucks. Most car insurance providers offer policy discounts for working in professions like high school and elementary teachers, members of the military, engineers, emergency medical technicians, farmers, and other occupations. Getting this discount applied to your policy could save between $69 and $178 on your Chevrolet Camaro insurance bill, depending on your age.
  • High risk Camaro insurance is expensive. For a 30-year-old driver, the requirement to buy a high-risk policy could trigger a rate increase of $2,796 or more per year.
  • Find cheaper rates by qualifying for policy discounts. Discounts may be available if the insureds are homeowners, insure multiple vehicles on the same policy, are accident-free, belong to certain professional organizations, or many other policy discounts which could save the average driver as much as $394 per year.

Does a ZL1 or SS Camaro cost more to insure?

The three most expensive Camaro models to insure are the Camaro 1SS Coupe, the 2SS Coupe, and the ZL1 Coupe trim levels at around $2,450,  $2,514, and $2,676 per year, respectively.

The cheapest Camaro model to insure is the 1LT Convertible at $2,078 per year. The next cheapest model to insure is the 2LT Convertible at $2,116 per year. On average, plan on budgeting a minimum of $173 per month for a policy with full coverage.

With 2023 Chevy Camaro insurance rates ranging from $2,078 to $2,676 per year on average, the cost difference between the cheapest and most expensive models is $598 per year.

The next table details average annual and 6-month Chevrolet Camaro car insurance rates, plus a monthly budget amount, for each 2023 model and trim level.

2023 Chevrolet Camaro Insurance Cost by Trim Level
Chevrolet Camaro Trim Level Annual Policy 6-month Policy Per Month
1LT Convertible$2,078$1,039$173
2LT Convertible$2,116$1,058$176
1LS Coupe$2,178$1,089$182
3LT Convertible$2,180$1,090$182
1LT Coupe$2,194$1,097$183
LT1 Convertible$2,224$1,112$185
2LT Coupe$2,248$1,124$187
1SS Convertible$2,268$1,134$189
2SS Convertible$2,312$1,156$193
3LT Coupe$2,336$1,168$195
LT1 Coupe$2,400$1,200$200
ZL1 Convertible$2,444$1,222$204
1SS Coupe$2,450$1,225$204
2SS Coupe$2,514$1,257$210
ZL1 Coupe$2,676$1,338$223

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2023 Chevrolet Camaro, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
Chevrolet Camaro Insurance Cost by Trim Level

Where does Camaro insurance cost rank?

The Chevrolet Camaro ranks 15th out of 26 total comparison vehicles in the sports car category. The Camaro costs an average of $2,310 per year to insure, while the segment average cost is $2,412 per year, a difference of $102 per year.

When rates are compared directly to the most popular models in the sports car category, insurance for a Chevrolet Camaro costs $396 more per year than the Ford Mustang, $350 less than the Dodge Challenger, $362 more than the Subaru WRX, and $134 more than the Chevrolet Corvette.

The table below shows how well average Camaro insurance compares to all other cars in the 2023 sports car segment.

Insurance Cost Comparison: Chevrolet Camaro vs Sports Cars
Rank Make/Model Insurance Cost Difference
1Mazda MX-5 Miata$1,630-$680
2Audi TT$1,828-$482
3Ford Mustang$1,914-$396
4BMW Z4$1,928-$382
5Subaru WRX$1,948-$362
6Nissan Z$1,978-$332
7Toyota GR Supra$2,010-$300
8Toyota GR86$2,034-$276
9BMW M2$2,036-$274
10Subaru BRZ$2,128-$182
11Chevrolet Corvette$2,176-$134
12BMW M3$2,224-$86
13Lexus RC F$2,270-$40
14Porsche 718$2,272-$38
15Chevrolet Camaro$2,310--
16Mercedes-Benz AMG GT53$2,448$138
17Jaguar F-Type$2,534$224
18Porsche Taycan$2,590$280
19BMW M4$2,622$312
20Lexus LC 500$2,652$342
21Dodge Challenger$2,660$350
22Porsche 911$2,890$580
23Acura NSX$3,268$958
24Audi R8$3,378$1,068
25Mercedes-Benz SL 55$3,382$1,072
26Mercedes-Benz SL 63$3,600$1,290

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are based on 2023 model year, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all vehicle trim levels. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
Insurance Cost Comparison: Chevrolet Camaro vs Sports Cars

How much is Camaro insurance for teenagers?

Average car insurance rates for a teen driver on a 2023 Chevy Camaro are expensive. Prices range from the average cost to insure a 19-year-old female is $5,802 per year up to insurance for a 16-year-old male at $8,320 per year.

There is a good chance that a teen is driving an older model year of Camaro, rather than a new 2023 model, which will save a little bit on insurance. The chart below shows average car insurance rates on a 2015 Chevy Camaro for both male and female teen drivers, from age 16 to 19.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Teenage driver rates are for a 2015 model year Chevrolet Camaro with $500 physical damage deductibles. Rates are averaged across all U.S. states and all Chevrolet Camaro trim levels.Data last updated on January 23, 2023
Chevy Camaro Insurance Rates for Teenagers
Chevrolet Camaro Insurance Cost for Teenage Drivers
Teen Driver Gender Age 16 Age 17 Age 18 Age 19
Male$6,104$5,628$5,226$4,676
Female$5,388$5,042$4,528$4,160

Teenagers are the most expensive age group to insure, and the performance of the Camaro does not help the situation. Any time a young, inexperienced driver is rated on any kind of vehicle with above average performance features, the result will be very high car insurance rates.

If keeping full coverage is mandatory, the only ways to reduce the cost of insuring a teen on a Camaro are to increase the physical damage deductibles, or ensure you’re getting every discount possible including good student and driver training discounts if you can.

If the Camaro is old enough and in somewhat poor condition, then dropping full coverage may be an option. Liability-only insurance is the cheapest policy available since it does not cover any losses like collisions, hail, fire, flood, theft, or vandalism.

Chevy Camaro prior model year insurance rates

The following sections detail Chevrolet Camaro insurance rates for every trim level since 2013. Current 2023 model year rates are featured in the previous sections.

2022 Chevy Camaro Insurance Cost

A 2022 Chevy Camaro costs an average of $2,714 per year to insure, or around $226 per month. Rates range from $2,508 per year for the Camaro 1LT Convertible to $3,090 for the Camaro ZL1 Coupe.

2022 Chevrolet Camaro Insurance Cost by Trim Level
2022 Chevrolet Camaro Trim Level Annual Rate Per Month
1LT Convertible$2,120$177
1LS Coupe$2,134$178
1LT Coupe$2,152$179
2LT Convertible$2,160$180
2LT Coupe$2,204$184
3LT Convertible$2,224$185
LT1 Convertible$2,256$188
3LT Coupe$2,292$191
1SS Convertible$2,294$191
LT1 Coupe$2,340$195
2SS Convertible$2,346$196
1SS Coupe$2,396$200
2SS Coupe$2,456$205
ZL1 Convertible$2,466$206
ZL1 Coupe$2,610$218

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2022 Chevrolet Camaro, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
2022 Chevrolet Camaro Insurance Cost by Trim Level

2021 Chevy Camaro Insurance Cost

Average insurance rates for a 2021 Chevy Camaro are $2,124 per year, or around $177 per month. Rates range from $1,790 per year for the Camaro LT Convertible to $2,662 for the Camaro ZL1 Coupe.

2021 Chevrolet Camaro Insurance Cost by Trim Level
2021 Chevrolet Camaro Trim Level Annual Rate Per Month
LT Convertible$1,790$149
LT Convertible 4 Cyl Turbo$1,834$153
SS Convertible$1,938$162
LS Coupe$2,102$175
LT Coupe$2,112$176
LT Coupe 4 Cyl Turbo$2,112$176
ZL1 Convertible$2,158$180
SS Coupe$2,386$199
ZL1 Coupe$2,662$222

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2021 Chevrolet Camaro, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
2021 Chevrolet Camaro Insurance Cost by Trim Level

2020 Chevy Camaro Insurance Cost

Average insurance rates for a 2020 Chevy Camaro are $2,098 per year, or around $175 per month. Rates range from $1,772 per year for the Camaro LT Convertible to $2,628 for the Camaro ZL1 Coupe.

2020 Chevrolet Camaro Insurance Cost by Trim Level
2020 Chevrolet Camaro Trim Level Annual Rate Per Month
LT Convertible$1,772$148
LT Convertible 4 Cyl Turbo$1,812$151
SS Convertible$1,916$160
LS Coupe$2,080$173
LT Coupe$2,088$174
LT Coupe 4 Cyl Turbo$2,088$174
ZL1 Convertible$2,130$178
SS Coupe$2,356$196
ZL1 Coupe$2,628$219

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2020 Chevrolet Camaro, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
2020 Chevrolet Camaro Insurance Cost by Trim Level

2019 Chevy Camaro Insurance Cost

Insurance rates for a 2019 Chevrolet Camaro average $1,962 per year, or about $164 per month. Rates range from $1,586 per year for the Camaro LT Convertible to $2,448 for the Camaro ZL1 Coupe.

2019 Chevrolet Camaro Insurance Cost by Trim Level
2019 Chevrolet Camaro Trim Level Annual Rate Per Month
LT Convertible$1,586$132
SS Convertible$1,718$143
LS Coupe$1,936$161
LT Coupe$1,936$161
ZL1 Convertible$1,946$162
SS Coupe$2,146$179
ZL1 Coupe$2,448$204

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2019 Chevrolet Camaro, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
2019 Chevrolet Camaro Insurance Cost by Trim Level

2018 Chevy Camaro Insurance Cost

2018 Chevy Camaro insurance rates average $1,916 per year, or around $160 per month. Cost ranges from $1,550 per year for the Camaro LT Convertible to $2,384 for the Camaro ZL1 Coupe.

2018 Chevrolet Camaro Insurance Cost by Trim Level
2018 Chevrolet Camaro Trim Level Annual Rate Per Month
LT Convertible$1,550$129
SS Convertible$1,674$140
ZL1 Convertible$1,894$158
LS Coupe$1,896$158
LT Coupe$1,908$159
SS Coupe$2,096$175
ZL1 Coupe$2,384$199

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2018 Chevrolet Camaro, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
2018 Chevrolet Camaro Insurance Cost by Trim Level

2017 Chevy Camaro Insurance Cost

A 2017 Chevrolet Camaro averages $1,718 per year for full coverage insurance, or around $143 per month. Rates range from $1,534 per year for the Camaro LT Convertible to $2,022 for the Camaro SS Coupe.

2017 Chevrolet Camaro Insurance Cost by Trim Level
2017 Chevrolet Camaro Trim Level Annual Rate Per Month
LT Convertible$1,534$128
ZL1 Convertible$1,534$128
SS 2 Convertible$1,616$135
SS Convertible$1,616$135
LT Coupe$1,846$154
ZL1 Coupe$1,846$154
SS Coupe$2,022$169

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2017 Chevrolet Camaro, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
2017 Chevrolet Camaro Insurance Cost by Trim Level

2016 Chevy Camaro Insurance Cost

Average insurance cost for a 2016 Chevy Camaro is $1,672 per year, or around $139 per month. Rates range from $1,454 per year for the Camaro LT Convertible to $1,942 for the Camaro SS Coupe.

2016 Chevrolet Camaro Insurance Cost by Trim Level
2016 Chevrolet Camaro Trim Level Annual Rate Per Month
LT Convertible$1,454$121
SS Convertible$1,570$131
SS 2 Convertible$1,610$134
LT Coupe$1,774$148
SS Coupe$1,942$162

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2016 Chevrolet Camaro, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
2016 Chevrolet Camaro Insurance Cost by Trim Level

2015 Chevy Camaro Insurance Cost

Insurance rates average $1,630 per year for a 2015 Chevrolet Camaro, or around $136 per month. Rates range from $1,306 per year for the Camaro LT Convertible to $2,054 for the Camaro Z/28 Coupe.

2015 Chevrolet Camaro Insurance Cost by Trim Level
2015 Chevrolet Camaro Trim Level Annual Rate Per Month
LT Convertible$1,306$109
SS Convertible$1,380$115
LS Coupe$1,542$129
ZL1 Convertible$1,558$130
LT Coupe$1,578$132
SS Coupe$1,686$141
ZL1 Coupe$1,934$161
Z/28 Coupe$2,054$171

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2015 Chevrolet Camaro, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
2015 Chevrolet Camaro Insurance Cost by Trim Level

2014 Chevy Camaro Insurance Cost

Average insurance cost for a 2014 Chevrolet Camaro is $1,636 per year, or around $136 per month. Rates range from $1,302 per year for the Camaro LT Convertible to $2,076 for the Camaro Z/28 Coupe.

2014 Chevrolet Camaro Insurance Cost by Trim Level
2014 Chevrolet Camaro Trim Level Annual Rate Per Month
LT Convertible$1,302$109
SS Convertible$1,370$114
ZL1 Convertible$1,534$128
LS Coupe$1,590$133
LT Coupe$1,614$135
SS Coupe$1,690$141
ZL1 Coupe$1,922$160
Z/28 Coupe$2,076$173

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2014 Chevrolet Camaro, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
2014 Chevrolet Camaro Insurance Cost by Trim Level

2013 Chevy Camaro Insurance Cost

Insurance rates for a 2013 Chevy Camaro average $1,488 per year, or about $124 per month. Rates range from $1,172 per year for the Camaro LT Convertible to $1,870 for the Camaro ZL1 Coupe.

2013 Chevrolet Camaro Insurance Cost by Trim Level
2013 Chevrolet Camaro Trim Level Annual Rate Per Month
LT Convertible$1,172$98
SS Convertible$1,236$103
ZL1 Convertible$1,362$114
LS Coupe$1,558$130
LT Coupe$1,568$131
SS Coupe$1,652$138
ZL1 Coupe$1,870$156

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2013 Chevrolet Camaro, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
2013 Chevrolet Camaro Insurance Cost by Trim Level