How Much Does 2012 Chevrolet Camaro Insurance Cost?

Are you a victim of an overpriced auto insurance policy? Trust us, you’re not the only one.

Drivers have so many car insurance companies to choose from, and although it’s a good thing to have multiple companies, it makes it harder to locate the cheapest rates.

Finding affordable coverage is not rocket science. In a nutshell, everyone who is required by state law to have car insurance most likely will be able to save money. Nevertheless, car owners need to have an understanding of how the larger insurance companies price online insurance and use this information to your advantage.

Best discounts on 2012 Chevy Camaro coverage

Car insurance companies don’t list all available discounts in a way that’s easy to find, so here is a list both the well known and also the lesser-known insurance coverage savings.

  • Anti-theft Discount – Anti-theft and alarm systems are stolen less frequently and therefore earn up to a 10% discount.
  • Drivers Education – Make teen driver coverage more affordable by requiring them to complete a driver education course if offered at their school.
  • Homeowners Savings – Simply owning a home may earn you a small savings due to the fact that maintaining a home shows financial diligence.
  • Multiple Cars – Buying insurance for all your vehicles on one policy may reduce the rate for each vehicle.
  • Life Insurance – Select insurance companies reward you with better rates if you take out a life insurance policy as well.
  • Safe Driver Discount – Drivers who don’t get into accidents can get discounts for up to 45% lower rates for Camaro coverage than drivers with accident claims.
  • Driver Safety – Taking part in a course in driver safety could cut 5% off your bill if you qualify.
  • Braking Control Discount – Vehicles with anti-lock braking systems can reduce accidents and will save you 10% or more.

As a disclaimer on discounts, most discounts do not apply to the entire cost. Most cut specific coverage prices like comprehensive or collision. Even though it may seem like it’s possible to get free car insurance, you won’t be that lucky.

To see a list of insurers offering insurance coverage discounts, click here to view.

Factors that might impact rates for a Chevy Camaro

It’s important that you understand the factors that come into play when calculating the rates you pay for insurance. Knowing what influences your rates enables informed choices that will entitle you to big savings.

  • Frequent insurance claims increase rates – If you are a frequent claim filer, you can expect either higher rates or even cancellation. Auto insurance companies give lower rates to drivers who do not rely on their insurance for small claims. Car insurance is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.
  • Liability coverage is peace of mind – Your policy’s liability coverage is the coverage that protects you when you are found liable for damages caused by your negligence. Liability insurance provides legal defense up to the limits shown on your policy. Liability insurance is quite affordable as compared to coverage for physical damage, so do not skimp.
  • Never let your coverage lapse – Letting your insurance expire will be a sure-fire way to trigger a rate increase. And not only will insurance be more expensive, but not being able to provide proof of insurance may earn you a hefty fine and possibly a revoked license.You may then be required to submit proof of financial responsibility or a SR-22 with your state motor vehicle department.
  • Your age impacts your rates – Older insureds are viewed as being more responsible, tend to file fewer claims and receive fewer citations. Youthful drivers are statistically proven to be less responsible when behind the wheel therefore insurance rates are much higher.
  • Do you know your deductibles? – Physical damage coverage, otherwise known as comp (or other than collision) and collision, protects your Chevy from damage. Some examples of claims that would be covered would be a windshield shattered by a rock, vandalism, or theft. Your deductibles are the amount of money you are willing to pay out-of-pocket in the event of a claim. The more expense the insured has to pay upfront, the less your insurance will be for Camaro coverage.
  • Do men or women drive better? – Statistics demonstrate women are more cautious behind the wheel. Now that doesn’t mean men are worse drivers. Both sexes tend to get into accidents at a similar rate, but men tend to have more serious accidents. Men also receive more costly citations like reckless driving and DUI.

Tailor your coverage to you

When choosing adequate coverage for your vehicles, there really is no one size fits all plan. Coverage needs to be tailored to your specific needs so your insurance should reflect that These are some specific questions may help you determine whether you may require specific advice.

  • What is the ISO rating for a 2012 Chevy Camaro?
  • Will my insurance pay for OEM parts?
  • Does my insurance cover a custom paint job?
  • I have a DUI can I still get coverage?
  • Do I need rental car coverage?
  • Where can I find high-risk insurance?
  • What is no-fault insurance?
  • Is motorclub coverage worth it?
  • Does my insurance cover my expensive audio equipment?
  • Will my rates increase for filing one claim?

If you’re not sure about those questions then you might want to talk to a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier

Specific coverages for a 2012 Chevy Camaro

Learning about specific coverages of your insurance policy aids in choosing appropriate coverage for your vehicles. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Shown next are the usual coverages available from insurance companies.

Coverage for liability – This will cover damages or injuries you inflict on other’s property or people. This coverage protects you against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for things such as legal defense fees, attorney fees, repair bills for other people’s vehicles, structural damage and bail bonds. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage provides protection when other motorists are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your 2012 Chevy Camaro.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Collision – Collision insurance pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like sustaining damage from a pot hole, crashing into a building and hitting a mailbox. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

Insurance for medical payments – Coverage for medical payments and/or PIP pay for short-term medical expenses like rehabilitation expenses, chiropractic care, surgery and doctor visits. The coverages can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. They cover all vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Comprehensive coverage (or Other than Collision) – This covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like damage from getting keyed, falling objects, damage from a tornado or hurricane, hitting a deer and damage from flooding. The most your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

In Summary

Cost effective 2012 Chevy Camaro insurance can be found on the web and also from your neighborhood agents, and you should be comparing both to have the best selection. Some companies may not provide the ability to get a quote online and these smaller companies work with independent agents.

You just learned some good ideas how you can shop for insurance online. It’s most important to understand that the more rate comparisons you have, the higher your chance of finding lower rates. You may even discover the best price on insurance is with a company that doesn’t do a lot of advertising. Some small companies often have lower prices on specific markets compared to the large companies like Progressive and Geico.

Other articles