Online Chevrolet Corvette Insurance Rates
Chevrolet Corvette insurance rates average at $149/mo for full coverage and $60 liability-only policies. On average, Chevrolet Corvette comprehensive insurance coverage costs $436, collision coverage costs $636, and liability coverage costs $505.
Are you looking for free insurance quotes?
Secured with SHA-256 Encryption
|
Written by
D. Gilson, PhD
|
|
Reviewed by
Leslie Kasperowicz
|
UPDATED: Jul 29, 2020
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.
Key takeaways:
- Full coverage costs around $1,790 a year or $149 each month
- A liability-only policy costs around $718 a year or $60 each month
- Highest rates are for teenage drivers at around $6,542 a year or $545 each month
- Good drivers can save as much as $738 a year by earning policy discounts
- Chevrolet Corvette insurance costs around $271 more per year than the average vehicle
Chevrolet Corvette insurance rates are about $271 more per year than the average vehicle with full coverage costing around $1,790 a year or $149 a month. Drivers of an older Chevrolet Corvette may elect to get liability-only coverage which costs around $718 a year or $60 a month.
Good drivers can save up to $738 a year for being safe out on the road. Let’s take a quick dive into Chevrolet Corvette insurance rates, insurance losses, and more.
You can start comparing quotes for Chevrolet Corvette car insurance rates from some of the best car insurance companies by using our free online tool now.
Table of Contents
Chevrolet Corvette Insurance Cost
The average Chevrolet Corvette auto insurance rates are $1,790 a year or $149 a month.
Are you looking for free insurance quotes?
Your one-stop online insurance guide. Get free quotes now!
Secured with SHA-256 Encryption
Are Chevrolet Corvettes Expensive to Insure?
The chart below details how Chevrolet Corvette insurance rates compare to other luxury cars like the Cadillac CTS-V, Cadillac CT6, and Audi A7.
| Vehicle | Comprehensive | Collision | Liability | Total |
| Chevrolet Corvette | $494 | $922 | $264 | $1,790 |
| Cadillac CTS-V | $406 | $804 | $338 | $1,684 |
| Cadillac CT6 | $382 | $774 | $398 | $1,712 |
| Audi A7 | $406 | $834 | $398 | $1,796 |
| Audi S8 | $658 | $1,368 | $398 | $2,582 |
| Lexus IS 300 | $356 | $686 | $398 | $1,598 |
| Mercedes-Benz C300 | $404 | $718 | $372 | $1,652 |
However, there are a few things you can do to find the cheapest Chevrolet insurance rates online.
What Impacts the Cost of Chevrolet Corvette Insurance?
You might have noticed that there is a multitude of factors that impact Chevrolet Corvette car insurance rates. Your age, location, driving record, and model year all play a role in what you will ultimately pay to insure the Chevrolet Corvette.
Age of the Vehicle
Older Chevrolet Corvette models generally cost less to insure. For example, auto insurance for a 2018 Chevrolet Corvette costs $1,790, while 2010 Chevrolet Corvette insurance costs are $1,326, a difference of $464.
| Model Year | Comprehensive | Collision | Liability | Total |
| 2018 Chevrolet Corvette | $494 | $922 | $264 | $1,790 |
| 2017 Chevrolet Corvette | $478 | $900 | $274 | $1,762 |
| 2016 Chevrolet Corvette | $462 | $862 | $284 | $1,718 |
| 2015 Chevrolet Corvette | $436 | $832 | $292 | $1,670 |
| 2013 Chevrolet Corvette | $402 | $728 | $300 | $1,540 |
| 2012 Chevrolet Corvette | $386 | $652 | $304 | $1,452 |
| 2011 Chevrolet Corvette | $360 | $600 | $304 | $1,374 |
| 2010 Chevrolet Corvette | $348 | $562 | $306 | $1,326 |
Driver Age
Driver age can have a significant effect on Chevrolet Corvette car insurance rates. For example, 30-year-old drivers pay $79 more for Chevrolet Corvette car insurance than 40-year-old drivers.
Driver Location
Where you live can have a large impact on Chevrolet Corvette insurance rates. For example, drivers in Jacksonville may pay $1,074 a year more than drivers in Indianapolis.
Your Driving Record
Your driving record can have an impact on the cost of Chevrolet Corvette auto insurance. Teens and drivers in their 20’s see the highest jump in their Chevrolet Corvette car insurance with violations on their driving record.
Chevrolet Corvette Crash Test Ratings
Chevrolet Corvette crash test ratings will affect your Chevrolet Corvette car insurance rates.
| Vehicle Tested | Overall | Frontal | Side | Rollover |
| 2020 Chevrolet Corvette C RWD | N/R | N/R | N/R | N/R |
| 2020 Chevrolet Corvette 2 DR RWD | N/R | N/R | N/R | N/R |
| 2019 Chevrolet Corvette C RWD | N/R | N/R | N/R | N/R |
| 2019 Chevrolet Corvette 2 DR RWD | N/R | N/R | N/R | N/R |
| 2018 Chevrolet Corvette C RWD | N/R | N/R | N/R | N/R |
| 2018 Chevrolet Corvette 2 DR RWD | N/R | N/R | N/R | N/R |
| 2017 Chevrolet Corvette C RWD | N/R | N/R | N/R | N/R |
| 2017 Chevrolet Corvette 2 DR RWD | N/R | N/R | N/R | N/R |
| 2016 Chevrolet Corvette C RWD | N/R | N/R | N/R | N/R |
| 2016 Chevrolet Corvette 2 DR RWD | N/R | N/R | N/R | N/R |
| 1-5 Star Rating Scale, N/R = No Rating | Source: National Highway Traffic Safety Administration | ||||
|---|---|---|---|---|
Chevrolet Corvette Safety Features
The safety features of the Chevrolet Corvette can impact your Chevrolet Corvette car insurance rates. The Chevrolet Corvette has the following safety features:
- Rear Cross-Traffic Alert
- Side Blind Zone Alert
- HD Rear Vision Camera
- Front Curb View Camera
- Rear Camera Mirror
- Rear Park Assist
Chevrolet Corvette Insurance Loss Probability
The Chevrolet Corvette’s insurance loss probability varies between different coverage types. The lower percentage means lower Chevrolet Corvette auto insurance costs; higher percentages mean higher Chevrolet Corvette auto insurance costs.
| Insurance Coverage Category | Loss Rate |
| Collision | 16% |
|---|---|
| Property Damage | -64% |
| Comprehensive | 1% |
| Personal Injury | -58% |
| Medical Payment | -52% |
| Bodily Injury | -61% |
| Source: Insurance Institute for Highway Safety | |
Chevrolet Corvette Finance and Insurance Cost
If you are financing a Chevrolet Corvette, you will pay more if you purchase Chevrolet Corvette car insurance at the dealership, so be sure to shop around and compare Chevrolet Corvette car insurance quotes from the best companies using our FREE tool below.
Are you looking for free insurance quotes?
Your one-stop online insurance guide. Get free quotes now!
Secured with SHA-256 Encryption
Ways to Save on Chevrolet Corvette Insurance
There are several ways you can save even more on your Chevrolet Corvette car insurance rates. Take a look at the following five tips:
- Install an Aftermarket Anti-Theft Device for Your Chevrolet Corvette
- Ask About Usage-Based Insurance for Your Chevrolet Corvette
- Choose Automatic Payments or EFT for Your Chevrolet Corvette Insurance Policy
- Provide Your Chevrolet Corvette VIN When Requesting Chevrolet Corvette Auto Insurance Quotes
- Compare Chevrolet Corvette Quotes for Free Online
Top Chevrolet Corvette Insurance Companies
Several top car insurance companies offer competitive rates for the Chevrolet Corvette rates based on factors like discounts for safety features. Take a look at this list of top car insurance companies that are popular with Chevrolet Corvette drivers organized by market share.
| Rank | Company | Volume | Market Share |
| 1 | State Farm | $65,615,190 | 9.3% |
| 2 | GEICO | $46,106,971 | 6.6% |
| 3 | Progressive | $39,222,879 | 5.6% |
| 4 | Liberty Mutual | $35,600,051 | 5.1% |
| 5 | Allstate | $35,025,903 | 5.0% |
| 6 | Travelers | $28,016,966 | 4.0% |
| 7 | USAA | $23,483,080 | 3.3% |
| 8 | Chubb | $23,388,385 | 3.3% |
| 9 | Farmers | $20,643,559 | 2.9% |
| 10 | Nationwide | $18,442,145 | 2.6% |
| Source: Insurance Information Institute | |||
Compare Free Chevrolet Corvette Insurance Quotes Online
You can start comparing quotes for Chevrolet Corvette auto insurance rates from some of the best auto insurance companies by using our free online tool now.