Chevrolet Camaro Insurance Cost for 2022

• Average Camaro insurance cost is $2,096 per year for a full coverage policy, depending on the trim level.
• The cheapest model of Camaro to insure is the 1LT Convertible at around $1,936 per year, or about $161 per month.
• The Camaro ranks #12 out of 23 vehicles in the 2022 sports car class for car insurance affordability.

How much is insurance for a Camaro?

Ranked #12 out of 23 vehicles in the sports car class, Camaro car insurance rates average $2,096 annually, or around $175 monthly. With the average sports car costing $2,135 a year to insure, Camaro insurance costs $39 less each year.

The following chart shows average car insurance cost for a 2022 Chevy Camaro rated for different driver ages and risk profiles.

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 $13,082 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 $7,594 per year for a 16-year-old driver, $7,064 per year for a 17-year-old driver, and $6,584 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 $329 per year when compared to a slightly lower credit score between 670-739. Conversely, a below average credit score could cost as much as $381 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 $63 and $158 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 $2,542 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 $356 per year.

Does a ZL1 or SS Camaro cost more to insure?

The three most expensive Camaro models to insure are the Camaro 2SS Coupe, the ZL1 Convertible, and the ZL1 Coupe trim levels at around $2,240,  $2,254, and $2,384 per year, respectively.

The cheapest Camaro model to insure is the 1LT Convertible at $1,936 per year. The next cheapest model to insure is the 1LS Coupe at $1,944 per year. On average, plan on budgeting a minimum of $161 per month for a policy with full coverage.

With 2022 Chevy Camaro insurance rates ranging from $1,936 to $2,384 per year on average, the cost difference between the cheapest and most expensive models is $448 per year.

The next table details average annual and 6-month Chevrolet Camaro car insurance rates, plus a monthly budget amount, for each 2022 model and trim level.

Where does Camaro insurance cost rank?

The Chevrolet Camaro ranks #12 out of 23 total comparison vehicles in the sports car category. The Camaro costs an average of $2,096 per year to insure, while the segment average cost is $2,135 per year, a difference of $39 per year.

When rates are compared directly to the most popular models in the sports car category, insurance for a Chevrolet Camaro costs $500 more per year than the Ford Mustang, $56 less than the Dodge Challenger, $374 more than the Subaru WRX, and $188 more than the Chevrolet Corvette.

The table below shows how well average Camaro insurance compares to all other cars in the 2022 sports car segment.

How much is Camaro insurance for teenagers?

Average car insurance rates for a teen driver on a 2022 Chevy Camaro are expensive. Prices range from the average cost to insure a 19-year-old female is $5,278 per year up to insurance for a 16-year-old male at $7,594 per year.

There is a good chance that a teen is driving an older model year of Camaro, rather than a new 2022 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.

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 for the 2013 to 2021 model years.

2021 Chevy Camaro Insurance Cost

Average insurance rates for a 2021 Chevy Camaro are $2,274 per year, or around $190 per month. Rates range from $1,922 per year for the Camaro LT Convertible to $2,862 for the Camaro ZL1 Coupe.

2020 Chevy Camaro Insurance Cost

Average insurance rates for a 2020 Chevy Camaro are $1,894 per year, or around $158 per month. Rates range from $1,600 per year for the Camaro LT Convertible to $2,374 for the Camaro ZL1 Coupe.

2019 Chevy Camaro Insurance Cost

Insurance rates for a 2019 Chevrolet Camaro average $1,790 per year, or about $149 per month. Rates range from $1,448 per year for the Camaro LT Convertible to $2,240 for the Camaro ZL1 Coupe.

2018 Chevy Camaro Insurance Cost

2018 Chevy Camaro insurance rates average $1,752 per year, or around $146 per month. Cost ranges from $1,418 per year for the Camaro LT Convertible to $2,186 for the Camaro ZL1 Coupe.

2017 Chevy Camaro Insurance Cost

A 2017 Chevrolet Camaro averages $1,586 per year for full coverage insurance, or around $132 per month. Rates range from $1,416 per year for the Camaro LT Convertible to $1,872 for the Camaro SS Coupe.

2016 Chevy Camaro Insurance Cost

Average insurance cost for a 2016 Chevy Camaro is $1,532 per year, or around $128 per month. Rates range from $1,336 per year for the Camaro LT Convertible to $1,784 for the Camaro SS Coupe.

2015 Chevy Camaro Insurance Cost

Insurance rates average $1,526 per year for a 2015 Chevrolet Camaro, or around $127 per month. Rates range from $1,220 per year for the Camaro LT Convertible to $1,934 for the Camaro Z/28 Coupe.

2014 Chevy Camaro Insurance Cost

Average insurance cost for a 2014 Chevrolet Camaro is $1,518 per year, or around $127 per month. Rates range from $1,210 per year for the Camaro LT Convertible to $1,932 for the Camaro Z/28 Coupe.

2013 Chevy Camaro Insurance Cost

Insurance rates for a 2013 Chevy Camaro average $1,370 per year, or about $114 per month. Rates range from $1,084 per year for the Camaro LT Convertible to $1,726 for the Camaro ZL1 Coupe.