How to Find Cheap Chevrolet Corvette Insurance Quotes

Getting Chevrolet Corvette insurance quotes will cost on average $149 per month ($1,790 per year). Teens pay the highest rates at up to $6,542 a year, while good drivers may only pay $1,052.

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Sara Routhier, Managing Editor and Outreach Director, has professional experience as an educator, SEO specialist, and content marketer. She has over five years of experience in the insurance industry. As a researcher, data nerd, writer, and editor she strives to curate educational, enlightening articles that provide you with the must-know facts and best-kept secrets within the overwhelming world o...

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Cynthia Lanctot is an insurance professional with ten years of industry experience. Cynthia is licensed in several states, and holds an associate in claims law, as well as a bachelor’s degree in English. Cynthia’s experience includes the New England and Northeast states. She currently works as a liability claims professional and an occasional online contributor.

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Reviewed by Cynthia Lanctot
Licensed Agent

UPDATED: May 21, 2021

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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 can be expensive, because it is considered one of many high quality vehicles. Chevrolet Corvette insurance costs around $271 more per year than the average vehicle. Luckily, understanding how insurance rates for a Chevrolet Corvette work can help drivers save. Read on.

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.

How much does Chevrolet Corvette insurance cost?

The average Chevrolet Corvette car insurance costs are $1,790 a year or $149 a month.

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Are Chevrolet Corvettes expensive to insure?

The chart below details how Chevrolet Corvette insurance rates compare to other luxury cars like the Volvo S90, Audi A6, and Lexus IS 350.

Vehicle Comprehensive Collision Liability Total
Chevrolet Corvette $494 $922 $264 $1,790
Volvo S90 $356 $714 $398 $1,626
Audi A6 $382 $744 $398 $1,682
Lexus IS 350 $344 $686 $398 $1,586
Audi S8 $658 $1368 $398 $2,582
Lexus GS 350 $370 $714 $338 $1,558
Lexus IS 300 $356 $686 $398 $1,598
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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?

The Chevrolet Corvette trim and model you choose can impact the total price you will pay for Chevrolet Corvette insurance coverage.

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
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Driver Age

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.

Driver Location

Where you live can have a large impact on Chevrolet Corvette insurance rates. For example, drivers in New York may pay $1,092 a year more than drivers in Seattle.

Your Driving Record

Your driving record can have an impact on the cost of Chevrolet Corvette car insurance. Teens and drivers in their 20’s see the highest jump in their Chevrolet Corvette auto insurance rates with violations on their driving record.

What are the Chevrolet Corvette safety ratings?

The Chevrolet Corvette’s safety ratings will affect your Chevrolet Corvette car insurance rates. See the chart below:

Test Type Rating
Small overlap front: driver-side N/R
Small overlap front: passenger-side N/R
Moderate overlap front N/R
Side N/R
Roof strength N/R
Head restraints and seats N/R
Source: Insurance Institute for Highway Safety
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What are the Chevrolet Corvette safety 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
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What are the Chevrolet Corvette safety features?

The numerous safety features of the Chevrolet Corvette help contribute to lower insurance rates. The 2020 Chevrolet Corvette has the following safety features:

  • Active handling stability control
  • Traction control, all-speed
  • Daytime running lamps
  • HD Rear Vision Camera
  • Rear Park Assist
  • Airbags
  • Passenger Sensing System
  • Teen Driver feature

What are the Chevrolet Corvette safety features?

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
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What is the cost of Chevrolet Corvette finance and insurance?

If you are financing a Chevrolet Corvette, most lenders will require your to carry higher Chevrolet Corvette coverage options including comprehensive coverage, so be sure to shop around and compare Chevrolet Corvette auto insurance rates from the best companies using our FREE tool below.

What are some ways to save on Chevrolet Corvette insurance?

If you want to reduce the cost of your Chevrolet Corvette insurance rates, follow these tips below:

  • Use Paperless Billing for Your Chevrolet Corvette Insurance Policy
  • Don’t Assume your Chevrolet Corvette is Cheaper to Insure than another vehicle. Compare. Compare. Compare.
  • Understand that Insurance Companies Can’t Change Your Chevrolet Corvette Auto Insurance Rate Mid-Term Based on Changes to Your Credit Score
  • Ask About Retiree Discounts
  • Never Drink and Drive Your Chevrolet Corvette

What are the top Chevrolet Corvette insurance companies?

Who is the top auto insurance company for Chevrolet Corvette insurance rates? While the actual rates you pay will depend on many factors, here are some of the top companies offering Chevrolet Corvette auto insurance coverage (ordered by market share). Many of these companies offer discounts for security systems and other safety features that the Chevrolet Corvette offers.

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
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Compare Free Chevrolet Corvette Insurance Quotes Online

Start comparing Chevrolet Corvette car insurance quotes for free by using our convenient online comparison tool.

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