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How much is car insurance for the Chevrolet Camaro?

The Chevrolet Camaro is one of the most famous vehicles in the world and one of the classic American muscle cars. The first Chevrolet Camaro went on sale in 1966 (1967 model year) and was created to compete with the Ford Mustang. Since its introduction drivers have come to show the same loyalty to the Camaro as sports fans do their favorite team. Either you love the Camaro or the Mustang. Rarely do drivers ever love both.

Much of the success of the Chevy Camaro is based on the performance of the vehicle and the 2010 model hosts over 300 horsepower in a build that could compete with most luxury sports cars costing 10 times as much.

“With a base cost just exceeding $22,000 almost any driver can afford to get behind the wheel of a Camaro”

Since 1966 the Chevrolet Camaro has won a long list of awards in the automotive industry but 2010 has been a breakthrough year for the muscle car accumulating such accolades as:

  • Edmunds 2010 Launch Breakthrough Award
  • SEMA Hottest Car Award
  • 2010 World Car Design of the Year award
  • And more

While the Chevrolet Camaro certainly is no stranger to attention the past half-century the 2010 model has quickly catapulted the Camaro to the forefront of American cars once again.

How much is car insurance for a Chevy Camaro?

Car insurance for the Chevrolet Camaro will depend on a number of factors. While the Camaro is a time tested vehicle with many standard safety features it still is a sports car with tremendous power. Young drivers should pay special attention to car insurance as auto insurance rates for young drivers and the Chevy Camaro can be extraordinarily high. Mature, low risk drivers however can enjoy very affordable rates with average car insurance premiums for the Camaro averaging around $1,400 a year for most drivers.

Why are Camaro’s so Expensive to Insure for Young Drivers?

Cheap car insurance for young drivers is hard to find no matter what type of vehicle however when a young driver is the primary driver for a sports car such as the Chevy Camaro all statistics lead to a higher risk for any car insurer. Now add this risk on top of an already high risk profile for simply being a young driver and car insurance rates can often well surpass the cost of your auto loan payment.

Are there any Car Insurance Discounts available for the Chevy Camaro?

Very few car insurance companies limit the type of vehicles eligible for common car insurance discounts so if you own a Camaro there are many ways you can lower auto insurance premiums through the use of popular discounts. While some apply strictly to young drivers (such as the good grades discount) older drivers can combine polices, take advantage of low mileage discounts and more. Some of the more common Camaro car insurance discounts available are:

  • Vehicle Safety Equipment (ABS Brakes, Ant-Theft Device, etc)
  • Good Driver Discount
  • Multi-Policy Discount
  • Pay-in Full Discounts
  • Loyalty Discounts
  • Affinity Group Discounts
  • Multi-Vehicle Discounts

There are well over 100 types of car insurance discounts available and many consumers take advantage of multiple discounts to save well over 20% on premiums.

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