Chevrolet Corvette Car Insurance Cost
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UPDATED: Jun 17, 2021
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Are you looking for a new or used Chevrolet Corvette? And wondering how much it costs to insure by year? We researched average annual car insurance costs for each model year and have compiled the results for you below.
Chevrolet Corvette car insurance facts
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Average full coverage auto insurance premium: $180/month
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Most affordable companies: GEICO ($135/month) & USAA ($140/month)
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Corvette car insurance cost vs. average rates: $14 more expensive than the average vehicle
Explore the pricing information below to find how much it will cost you to insure your Chevy Corvette by model year and auto insurer.
Make sure to comparison shop before making a new car purchase to save money.
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Enter your ZIP code below to view companies that have cheap auto insurance rates.
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Below average Chevrolet Corvette insurer costs by state:
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Arizona car insurance – $1,478 per year
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Kentucky car insurance – $1,680 per year
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Florida car insurance – $2,353 per year
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Georgia car insurance – $1,965 per year
- New York car insurance – $2,624 per year
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New Mexico car insurance – $1,604 per year
Risk factors affecting Chevrolet Corvette car insurance rates
The make and model of your vehicle, along with the year of manufacture, are the three most important factors in determining your car’s value, which in turn is the main factor in determining your car insurance premium. Your own personal driving history, age, marital status, credit score, type of vehicle, coverage levels, and other personal factors are also important components of your rate.
How to save money on Chevy Corvette car insurance coverage?
Many driver discounts are available to people through most major auto insurance companies, such as
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Student discounts
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Safe drivers
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Senior discounts
With all Chevrolet models, you can get the following car insurance discounts:
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Passive restraint systems
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Anti-lock brakes
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Anti-theft devices
Chevrolet automobile brand
Chevrolet or referred to as Chevy, is a vehicle brand of General Motors specializing in popular, affordable cars for the United States market. The target market of Chevy is middle-class customers and the more affluent for higher-end models such as Cadillac. Chevrolet focuses on high quality, advanced technology, creative designs, and affordability. All Chevrolet automobiles have high safety ratings, with many of their cars getting “Top Safety Pick” and 5-star safety and crash test ratings from the National Highway Traffic Safety Administration (NHTSA). The Chevrolet Corvette, Tahoe, Silverado, and Suburban are some of their most popular vehicles.
Higher than average Chevy Corvette repair costs equal higher coverage rates
Many consumers are attracted to Chevrolet’s creative designs, increased fuel efficiency, and driver-assist technologies, like Chevy’s Enhanced Driver Alert Package. Automotive parts are common but generally more expensive than popular vehicles, like the Toyota, Honda, or Subaru. Repairing a Chevrolet is higher than average since repair parts are slightly more expensive. For this reason, many Chevrolets are going to have higher than average car insurance rates to similar cars in their class.
Rapid depreciation for Chevrolet Corvette affecting auto policies
Another factor to consider for Chevrolets is rapid depreciation, affecting auto insurance rates. As your vehicle’s value goes down each year, your auto policy could go down at each renewal. On the other hand, in an auto accident, you need repair parts that rarely go down in price for all Chevy models. This could put you in a difficult situation position since many car insurance companies will subtract depreciation from the amount paid for your insurance claim resulting in a situation where your claim payout doesn’t fully cover your repair cost.
High IIHS and NHTSA safety ratings decreasing car insurance rates for drivers
Chevrolets are known for their safety ratings, safety features, 5-star crash test ratings, driver-assist technologies such as the Driver Alert Technology Package, and lower auto insurance rates for drivers with a good driving record, sometimes getting 20% driver discounts for passive restraints and safety features for most Chevrolet models. The Chevrolet Equinox, Cruze, and Bolt EV are the Insurance Institute for Highway Safety (IIHS) “Top Safety Picks,” and the NHTSA consistently gives Chevy automobiles top safety ratings each year, lowering your car insurance costs.
AutoInsureSavings.org licensed car insurance agents to recommend comprehensive and collision coverage, uninsured motorist coverage, and roadside assistance for new Chevrolet automobile owners when buying a car insurance policy.
Make sure to shop around with multiple car insurance carriers before making a new car purchase.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
2021 Chevrolet Corvette
Cheapest Insurance Companies | Average Annual Cost |
---|---|
21st Century | $2604 |
Acuity | $2743 |
Allstate | $2416 |
American Family | $2154 |
Erie | $1835 |
GEICO | $1620 |
Kentucky Farm Bureau | $2503 |
Liberty Mutual | $2077 |
Mercury | $2361 |
Nationwide | $2475 |
Progressive | $1954 |
State Farm | $2384 |
Tennessee Farmers | $2254 |
Texas Farm Bureau | $2380 |
The Hanover | $2520 |
Travelers | $2419 |
USAA | $1711 |
Compare all 2021 Chevrolet Corvette rates
Average Cost to Insure Per Year
$2159
List Price
$59900
Trims Available
Stingray - Stingray Z51 - Grand Sport - Z06 - Engine: 6.2-liter V8 with 490 horsepower with Chevy Safe Assist driver technologies: forward collision warning (FCW) with pedestrian detection, automatic emergency braking (AEB), lane departure warning (LDW), lane-keeping assistance (LKA), a following distance indicator, IntelliBeam automatic high-beam headlights, Standard and passive safety features: Adaptive Cruise Control, Lane Departure Warning, Rear Cross-Traffic Alert, Lane Change Alert with Side Blind Zone Alert, Safety Alert Seat, Onstar Safety and Security, Airbags, Anti-lock brakes, Stability control, Airbags, and Pretensioners
2020 Chevrolet Corvette
Cheapest Insurance Companies | Average Annual Cost |
---|---|
21st Century | $2563 |
Allstate | $2216 |
American Family | $1935 |
Erie | $1654 |
Farmers | $2385 |
GEICO | $1516 |
Liberty Mutual | $1842 |
Mercury | $2054 |
Nationwide | $2315 |
Progressive | $1735 |
State Farm | $2135 |
Tennessee Farmers | $2034 |
Texas Farm Bureau | $2112 |
The Hanover | $2518 |
Travelers | $2248 |
USAA | $1580 |
Compare all 2020 Chevrolet Corvette rates
Average Cost to Insure Per Year
$2039
List Price
$58900
Trims Available
Stingray - Stingray Z51 - Grand Sport - Z06 - Engine: 6.2-liter V8 with 490 horsepower with Chevy Safe Assist driver technologies: forward collision warning (FCW) with pedestrian detection, automatic emergency braking (AEB), lane departure warning (LDW), lane-keeping assistance (LKA), a following distance indicator, IntelliBeam automatic high-beam headlights, Standard and passive safety features: Adaptive Cruise Control, Lane Departure Warning, Rear Cross-Traffic Alert, Lane Change Alert with Side Blind Zone Alert, Safety Alert Seat, Onstar Safety and Security, Airbags, Anti-lock brakes, Stability control, Airbags, and Pretensioners
2019 Chevrolet Corvette
Cheapest Insurance Companies | Average Annual Cost |
---|---|
21st Century | $2544 |
Allstate | $2215 |
American Family | $1853 |
Erie | $1640 |
GEICO | $1436 |
Kentucky Farm Bureau | $2490 |
Liberty Mutual | $1802 |
Mercury | $2016 |
Nationwide | $2319 |
Progressive | $1762 |
State Farm | $2130 |
Tennessee Farmers | $1926 |
Texas Farm Bureau | $2049 |
The Hanover | $2514 |
Travelers | $2246 |
USAA | $1480 |
Compare all 2019 Chevrolet Corvette rates
Average Cost to Insure Per Year
$1835
List Price
$55900
Trims Available
Stingray - Stingray Z51 - Grand Sport - Z06 - Engine: 6.2-liter V8 with 490 horsepower with Chevy Safe Assist driver technologies: forward collision warning (FCW) with pedestrian detection, automatic emergency braking (AEB), lane departure warning (LDW), lane-keeping assistance (LKA), a following distance indicator, IntelliBeam automatic high-beam headlights, Standard and passive safety features: Adaptive Cruise Control, Lane Departure Warning, Rear Cross-Traffic Alert, Lane Change Alert with Side Blind Zone Alert, Safety Alert Seat, Onstar Safety and Security, Airbags, Anti-lock brakes, Stability control, Airbags, and Pretensioners
2018 Chevrolet Corvette
Cheapest Insurance Companies | Average Annual Cost |
---|---|
Acuity | $ 1310 |
Acuity | $ 1310 |
Allied | $ 1176 |
Allied | $ 1176 |
Country | $ 1327 |
Country | $ 1327 |
Erie | $ 907 |
Erie | $ 907 |
GEICO | $ 698 |
GEICO | $ 698 |
Nationwide | $ 903 |
Nationwide | $ 903 |
Plymouth Rock Insurance | $ 1424 |
Plymouth Rock Insurance | $ 1424 |
Progressive | $ 1294 |
Progressive | $ 1294 |
State Farm | $ 1246 |
State Farm | $ 1246 |
Tennessee Farmers | $ 1315 |
Tennessee Farmers | $ 1315 |
USAA | $ 1056 |
USAA | $ 1056 |
Vermont Mutual | $ 1354 |
Vermont Mutual | $ 1354 |
Compare all 2018 Chevrolet Corvette rates
Average Cost to Insure Per Year
$ 1401
List Price
$ 55495
Trims Available
Stingray - Stingray Z51 - Grand Sport - Z06
2017 Chevrolet Corvette
Cheapest Insurance Companies | Average Annual Cost |
---|---|
Acuity | $ 1320 |
Acuity | $ 1320 |
Allied | $ 1211 |
Allied | $ 1211 |
Country | $ 1346 |
Country | $ 1346 |
Erie | $ 878 |
Erie | $ 878 |
GEICO | $ 779 |
GEICO | $ 779 |
Nationwide | $ 954 |
Nationwide | $ 954 |
Progressive | $ 1272 |
Progressive | $ 1272 |
State Farm | $ 1307 |
State Farm | $ 1307 |
Tennessee Farmers | $ 1351 |
Tennessee Farmers | $ 1351 |
Texas Farm Bureau | $ 1154 |
Texas Farm Bureau | $ 1154 |
USAA | $ 1194 |
USAA | $ 1194 |
Vermont Mutual | $ 1311 |
Vermont Mutual | $ 1311 |
Compare all 2017 Chevrolet Corvette rates
Average Cost to Insure Per Year
$2115
List Price
$55450
Trims Available
Base
2016 Chevrolet Corvette
Cheapest Insurance Companies | Average Annual Cost |
---|---|
Acuity | $ 1486 |
Acuity | $ 1486 |
Allied | $ 1219 |
Allied | $ 1219 |
Erie | $ 887 |
Erie | $ 887 |
GEICO | $ 992 |
GEICO | $ 992 |
Nationwide | $ 984 |
Nationwide | $ 984 |
Plymouth Rock Insurance | $ 1352 |
Plymouth Rock Insurance | $ 1352 |
Progressive | $ 1244 |
Progressive | $ 1244 |
State Farm | $ 1392 |
State Farm | $ 1392 |
Tennessee Farmers | $ 1316 |
Tennessee Farmers | $ 1316 |
Texas Farm Bureau | $ 1193 |
Texas Farm Bureau | $ 1193 |
USAA | $ 1520 |
USAA | $ 1520 |
Vermont Mutual | $ 1551 |
Vermont Mutual | $ 1551 |
Compare all 2016 Chevrolet Corvette rates
Average Cost to Insure Per Year
$ 1494
List Price
$ 55400
Trims Available
Stingray - Stingray Z51 - Z06
2015 Chevrolet Corvette
Cheapest Insurance Companies | Average Annual Cost |
---|---|
Acuity | $ 1426 |
Acuity | $ 1426 |
Allied | $ 1204 |
Allied | $ 1204 |
Erie | $ 851 |
Erie | $ 851 |
GEICO | $ 1163 |
GEICO | $ 1163 |
Nationwide | $ 979 |
Nationwide | $ 979 |
Plymouth Rock Insurance | $ 1287 |
Plymouth Rock Insurance | $ 1287 |
Progressive | $ 1221 |
Progressive | $ 1221 |
State Farm | $ 1171 |
State Farm | $ 1171 |
Tennessee Farmers | $ 1463 |
Tennessee Farmers | $ 1463 |
Texas Farm Bureau | $ 1189 |
Texas Farm Bureau | $ 1189 |
USAA | $ 1458 |
USAA | $ 1458 |
Vermont Mutual | $ 1475 |
Vermont Mutual | $ 1475 |
Compare all 2015 Chevrolet Corvette rates
Average Cost to Insure Per Year
$ 1434
List Price
$ 55000
Trims Available
Stingray - Stingray Z51 - Z06
2014 Chevrolet Corvette
Cheapest Insurance Companies | Average Annual Cost |
---|---|
Acuity | $ 1382 |
Acuity | $ 1382 |
Allied | $ 1103 |
Allied | $ 1103 |
Country | $ 1592 |
Country | $ 1592 |
Erie | $ 810 |
Erie | $ 810 |
Nationwide | $ 1116 |
Nationwide | $ 1116 |
Plymouth Rock Insurance | $ 1201 |
Plymouth Rock Insurance | $ 1201 |
Progressive | $ 1455 |
Progressive | $ 1455 |
State Farm | $ 1281 |
State Farm | $ 1281 |
Tennessee Farmers | $ 1482 |
Tennessee Farmers | $ 1482 |
Texas Farm Bureau | $ 970 |
Texas Farm Bureau | $ 970 |
USAA | $ 1250 |
USAA | $ 1250 |
Vermont Mutual | $ 1438 |
Vermont Mutual | $ 1438 |
Compare all 2014 Chevrolet Corvette rates
Average Cost to Insure Per Year
$ 1505
List Price
$ 53000
Trims Available
Stingray - Stingray Z51
2013 Chevrolet Corvette
Cheapest Insurance Companies | Average Annual Cost |
---|---|
Acuity | $ 862 |
Acuity | $ 862 |
Allied | $ 983 |
Allied | $ 983 |
Arbella | $ 1097 |
Arbella | $ 1097 |
Country | $ 884 |
Country | $ 884 |
Erie | $ 669 |
Erie | $ 669 |
GEICO | $ 511 |
GEICO | $ 511 |
Nationwide | $ 786 |
Nationwide | $ 786 |
State Farm | $ 809 |
State Farm | $ 809 |
Tennessee Farmers | $ 893 |
Tennessee Farmers | $ 893 |
Texas Farm Bureau | $ 866 |
Texas Farm Bureau | $ 866 |
USAA | $ 983 |
USAA | $ 983 |
Vermont Mutual | $ 901 |
Vermont Mutual | $ 901 |
Compare all 2013 Chevrolet Corvette rates
Average Cost to Insure Per Year
$ 1066
List Price
$ 49600
Trims Available
Base - Z16 Grand Sport - Z06 - 427 Collector Edition - ZR1
2012 Chevrolet Corvette
Cheapest Insurance Companies | Average Annual Cost |
---|---|
Acuity | $ 892 |
Acuity | $ 892 |
Allied | $ 849 |
Allied | $ 849 |
Country | $ 948 |
Country | $ 948 |
Erie | $ 677 |
Erie | $ 677 |
GEICO | $ 581 |
GEICO | $ 581 |
Nationwide | $ 768 |
Nationwide | $ 768 |
Plymouth Rock Insurance | $ 1089 |
Plymouth Rock Insurance | $ 1089 |
State Farm | $ 1092 |
State Farm | $ 1092 |
Tennessee Farmers | $ 961 |
Tennessee Farmers | $ 961 |
Texas Farm Bureau | $ 845 |
Texas Farm Bureau | $ 845 |
USAA | $ 763 |
USAA | $ 763 |
Vermont Mutual | $ 924 |
Vermont Mutual | $ 924 |
Compare all 2012 Chevrolet Corvette rates
Average Cost to Insure Per Year
$ 1115
List Price
$ 49525
Trims Available
Base - Z16 Grand Sport - Z06 - ZR1
2011 Chevrolet Corvette
Cheapest Insurance Companies | Average Annual Cost |
---|---|
Acuity | $ 972 |
Acuity | $ 972 |
Allied | $ 816 |
Allied | $ 816 |
Arbella | $ 1007 |
Arbella | $ 1007 |
Country | $ 855 |
Country | $ 855 |
Erie | $ 629 |
Erie | $ 629 |
GEICO | $ 536 |
GEICO | $ 536 |
Nationwide | $ 761 |
Nationwide | $ 761 |
State Farm | $ 982 |
State Farm | $ 982 |
Tennessee Farmers | $ 892 |
Tennessee Farmers | $ 892 |
Texas Farm Bureau | $ 801 |
Texas Farm Bureau | $ 801 |
USAA | $ 697 |
USAA | $ 697 |
Vermont Mutual | $ 839 |
Vermont Mutual | $ 839 |
Compare all 2011 Chevrolet Corvette rates
Average Cost to Insure Per Year
$ 1051
List Price
$ 49045
Trims Available
Base - Z16 Grand Sport - Z06 - ZR1