Insurance surprisingly really low on Camaro SS

davecamaro6 · 01-11-2019, 10:35 AM

Anybody else surprised that insurance on the Camaro's are really low? I pay $75 a month for mine, that's full coverage with TD insurance. I also have a 13 Honda Civic with the same insurance and I am paying $125 (both are under my name). Very drastic price difference between the two.

When I asked my insurance company why so, all they told me was that there are more accidents with Honda Civics as there are simply more on the road. Hence the higher insurance.

I'm not complaining however, I love that my 455hp RWD Camaro is cheaper to insure than a 140hp Civic. Makes for great conversation

. Does not make much sense to me, but I'll take cheap insurance any day.

lgarrison34 · 01-11-2019, 10:39 AM

I agree. I pay $85 a month for full coverage. Really surprising.

VinnAY · 01-11-2019, 10:40 AM

My 6 month premium went down $97 from my 15 Mustang GT perf pack, the Camaro is like $75/month IIRC

DWR · 01-11-2019, 10:46 AM

Mind putting some context on your price? How old are y'all? I'm 27 paying $155 a month.... Still cheaper than I thought it would be though.

VinnAY · 01-11-2019, 10:56 AM

Quote:

Originally Posted by VinnAY

My 6 month premium went down $97 from my 15 Mustang GT perf pack, the Camaro is like $75/month IIRC

46YO

chris227 · 01-11-2019, 10:59 AM

Quote:

Originally Posted by davecamaro6

Anybody else surprised that insurance on the Camaro's are really low? I pay $75 a month for mine, that's full coverage with TD insurance. I also have a 13 Honda Civic with the same insurance and I am paying $125 (both are under my name). Very drastic price difference between the two.

When I asked my insurance company why so, all they told me was that there are more accidents with Honda Civics as there are simply more on the road. Hence the higher insurance.

I'm not complaining however, I love that my 455hp RWD Camaro is cheaper to insure than a 140hp Civic. Makes for great conversation

. Does not make much sense to me, but I'll take cheap insurance any day.

I have a 2014 civic and pay $55 month full coverage. $85 full coverage on my 16 V6 Camaro.

$125 is damn high for a civic.....My age is 46, 1 accident and no tickets in last 3 years.

davecamaro6 · 01-11-2019, 11:04 AM

I am 19 years old with a clean driving record. I have four cars under my name (apparently having more cars means less risk for insurance companies). $155 is still high however, if I were you I would probably call around to see if I could get a better rate.

davecamaro6 · 01-11-2019, 11:07 AM

Quote:

Originally Posted by chris227

I have a 2014 civic and pay $55 month full coverage. $85 full coverage on my 16 V6 Camaro.

$125 is damn high for a civic.....My age is 46, 1 accident and no tickets in last 3 years.

That's what I thought as well, but all other insurance companies around quoted me about the same. I live in Canada too, our insurance here is supposedly higher.

SnakeEyeSS · 01-11-2019, 11:10 AM

State Farm wanted $105 a month for just my Camaro. I switched to Geico, and my other 2 cars lowered so much, I raised my coverage AND added the Camaro for only $20 more a month total. If I kept everything the same I would have basically added the Camaro for the same price as just my other two cars at State Farm.

SF had no explaination, as no wrecks in over a decade, and my scores are all excellent.

lgarrison34 · 01-11-2019, 11:14 AM

Quote:

Originally Posted by lgarrison34

I agree. I pay $85 a month for full coverage. Really surprising.

32YO. I have 3 cars and a house on the policy with State Farm.

Lithias · 01-11-2019, 11:22 AM

28 and married. I'm paying around 115 for the Camaro and 95 for the wifes Elantra. Full coverage and such.

karmatourer · 01-11-2019, 11:52 AM

I traded my '17 C7 for a '18 Cruze turbo diesel back in July and my insurance only dropped $25 a month! WTH! I traded the Cruze last week for my Bright Yellow V-6 M6 and my insurance DROPPED $20 per month! No complaints but,huh? I'm with USAA.I'm 67.

cellsafemode · 01-11-2019, 12:37 PM

I have had USAA for like over 15 years. It's always been crazy low thru my 3rd gen, 4th gen and now 6th gen. Though, my record is also clean and I dont have any claims.

My girl's ralliart is also on my plan and that's significantly higher. However, different customer-base in that kind of car, and different driver registered to it (she's much younger and female ....which right or wrong still dictates insurance rates). Though she's also got a clean record and no claims.

Need4Camaro · 01-11-2019, 12:43 PM

Please note that insurance is only like 25% dependent on the car and 75% of the driver and especially, where they live. Different states have different laws regarding how much insurers can charge. People in Texas or Georgia will pay considerably more than someone in North Carolina for example.

01-11-2019, 10:35 AM	#1
davecamaro6 Drives: Camaro 2SS 1LE Join Date: Oct 2018 Location: Niagara Falls Posts: 58	Insurance surprisingly really low on Camaro SS Anybody else surprised that insurance on the Camaro's are really low? I pay $75 a month for mine, that's full coverage with TD insurance. I also have a 13 Honda Civic with the same insurance and I am paying $125 (both are under my name). Very drastic price difference between the two. When I asked my insurance company why so, all they told me was that there are more accidents with Honda Civics as there are simply more on the road. Hence the higher insurance. I'm not complaining however, I love that my 455hp RWD Camaro is cheaper to insure than a 140hp Civic. Makes for great conversation . Does not make much sense to me, but I'll take cheap insurance any day.

01-11-2019, 10:39 AM	#2
lgarrison34 Drives: 2017 SS 1LE HBM, 2010 SS FBO/Cam Join Date: Mar 2018 Location: Ohio Posts: 174 View My Garage	I agree. I pay $85 a month for full coverage. Really surprising. __________________

01-11-2019, 11:10 AM	#9
SnakeEyeSS Drives: Camaro 2SS & ZL1 Join Date: Mar 2018 Location: Oklahoma Posts: 857	State Farm wanted $105 a month for just my Camaro. I switched to Geico, and my other 2 cars lowered so much, I raised my coverage AND added the Camaro for only $20 more a month total. If I kept everything the same I would have basically added the Camaro for the same price as just my other two cars at State Farm. SF had no explaination, as no wrecks in over a decade, and my scores are all excellent. __________________ 2017 Camaro 2SS A8 Bright Yellow NPP MRC 2023 Camaro ZL1 A10 Radiant Red

01-11-2019, 11:22 AM	#11
Lithias Drives: 2019 2SS Riverside Blue Metallic Join Date: Sep 2018 Location: Florida Posts: 287	28 and married. I'm paying around 115 for the Camaro and 95 for the wifes Elantra. Full coverage and such. __________________ Order # WKXN0F 2SS Riverside Blue Metallic, A10, NPP, 56V Ordered 9/15/18 1100......9/17/18 3000......9/19/18 TPW: 11/26/18 3300......11/9/18 TPW: 11/26/18 3400......11/12/18 TPW: 11/26/18 4300......11/22/18 BUILT! VIN: 1G1FH1R72K0123562 4B00......11/27/18 Waiting for Dispatch! Tentative delivery date of 12/11! 4300......11/28/18 Waiting for the train to Florida! 4200......12/5/18 SHIPPED! 4800......12/14/18 5000/6000......12/18/18 SHE'S HOME BOYS! Follow me on Instagram! @the_3ngin33r

01-11-2019, 10:40 AM	#3
VinnAY Account Suspended Drives: 18 1SS/1LE Join Date: Jun 2018 Location: Missouri Posts: 939	My 6 month premium went down $97 from my 15 Mustang GT perf pack, the Camaro is like $75/month IIRC

01-11-2019, 11:04 AM	#7
davecamaro6 Drives: Camaro 2SS 1LE Join Date: Oct 2018 Location: Niagara Falls Posts: 58	I am 19 years old with a clean driving record. I have four cars under my name (apparently having more cars means less risk for insurance companies). $155 is still high however, if I were you I would probably call around to see if I could get a better rate.

01-11-2019, 11:52 AM	#12
karmatourer STD free Drives: 2018 Bright Yellow LGX M6 RS NPP Join Date: Nov 2017 Location: SW Florida Posts: 423	I traded my '17 C7 for a '18 Cruze turbo diesel back in July and my insurance only dropped $25 a month! WTH! I traded the Cruze last week for my Bright Yellow V-6 M6 and my insurance DROPPED $20 per month! No complaints but,huh? I'm with USAA.I'm 67.

01-11-2019, 12:37 PM	#13
cellsafemode Drives: 2016 Camaro 1LT Join Date: Jan 2016 Location: California Posts: 3,491	I have had USAA for like over 15 years. It's always been crazy low thru my 3rd gen, 4th gen and now 6th gen. Though, my record is also clean and I dont have any claims. My girl's ralliart is also on my plan and that's significantly higher. However, different customer-base in that kind of car, and different driver registered to it (she's much younger and female ....which right or wrong still dictates insurance rates). Though she's also got a clean record and no claims.

01-11-2019, 12:43 PM	#14
Need4Camaro Drives: '17 Camaro 2SS & '99 Camaro Z28 Join Date: Feb 2014 Location: Austin, TX Posts: 1,836	Please note that insurance is only like 25% dependent on the car and 75% of the driver and especially, where they live. Different states have different laws regarding how much insurers can charge. People in Texas or Georgia will pay considerably more than someone in North Carolina for example.

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