8:00 - 17:00
Opening Hour: Mon - Fri
Key takeaways:
Chevrolet Corvette insurance rates are $271 more expensive than the average vehicle. High-risk drivers could pay up to $545 per month for auto insurance. Continue reading to learn how you can save $738 per year on Chevrolet Corvette insurance rates.
You can start comparing quotes for Chevrolet Corvette insurance rates from some of the best auto insurance companies by using our free online tool now.
Table of Contents
The average Chevrolet Corvette auto insurance costs are $1,790 a year or $149 a month.
The chart below details how Chevrolet Corvette insurance rates compare to other luxury cars like the Audi A6, Mercedes-Benz S450, and Mercedes-Benz CLS 550.
| Vehicle | Comprehensive | Collision | Liability | Total |
| Chevrolet Corvette | $494 | $922 | $264 | $1,790 |
| Audi A6 | $382 | $744 | $398 | $1,682 |
| Mercedes-Benz S450 | $494 | $982 | $398 | $2,032 |
| Mercedes-Benz CLS 550 | $432 | $952 | $398 | $1,940 |
| Lexus ES 350 | $362 | $656 | $316 | $1,470 |
| Audi A8 | $464 | $900 | $390 | $1,912 |
| Audi A7 | $406 | $834 | $398 | $1,796 |
However, there are a few things you can do to find the cheapest Chevrolet insurance rates online.
The Chevrolet Corvette trim and model you choose can impact the total price you will pay for Chevrolet Corvette auto insurance coverage.
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 can have a significant impact on Chevrolet Corvette auto insurance rates. For example, 20-year-old drivers pay approximately $2,189 more each year for their Chevrolet Corvette auto insurance than 30-year-old drivers.
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 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 auto insurance with violations on their driving record.
Your Chevrolet Corvette insurance rates are influenced by the Chevrolet Corvette’s safety ratings. See the breakdown below:
| Test Type | Rating |
| Small overlap front: driver-side | Not Tested |
|---|---|
| Small overlap front: passenger-side | Not Tested |
| Moderate overlap front | Not Tested |
| Side | Not Tested |
| Roof strength | Not Tested |
| Head restraints and seats | Not Tested |
| Source: Insurance Institute for Highway Safety | |
Poor Chevrolet Corvette crash test ratings could mean higher Chevrolet Corvette 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 | ||||
|---|---|---|---|---|
Good Chevrolet Corvette safety features can result in insurers giving you auto insurance discounts. The safety features for the 2020 Chevrolet Corvette are:
The Chevrolet Corvette’s insurance loss ratio varies between different coverage types. While some types of insurance loss ratios are higher for the Chevrolet Corvette, others are more favorable and lead to lower insurance rates.
| 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 | |
If you are financing a Chevrolet Corvette, you will pay more if you purchase Chevrolet Corvette auto insurance at the dealership, so be sure to shop around and compare Chevrolet Corvette insurance rates from the best companies using our FREE tool below.
Save more on your Chevrolet Corvette insurance rates. Take a look at the following five strategies that will get you the best Chevrolet Corvette auto insurance rates possible.
The best auto insurance companies for Chevrolet Corvette insurance rates will offer competitive rates, discounts, and account for the Chevrolet Corvette’s safety features. The following list of auto insurance companies outlines which companies hold the highest 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 | |||
You can start comparing quotes for Chevrolet Corvette insurance rates from some of the best auto insurance companies by using our free online tool now.
Vehicles