Chevrolet Corvette Car Insurance Cost 2025
On average, insuring a Chevrolet Corvette costs $2,218 per year. However, the exact cost will depend on factors like your age, the car’s model year, and other individual details. Check out our quote tables below to get an estimate tailored to your specific situation.
We’ve saved shoppers an average of $600 per year on their car insurance.
If you’re thinking about buying a Chevrolet Corvette, you need to consider the insurance costs. On average, insurance for a Chevrolet Corvette costs $2,218 per year. Insurance is a significant aspect of car ownership, so it’s crucial to understand its implications before making a purchase.
Choosing the right car insurance policy is essential to avoid unexpected and potentially high expenses in the future. It’s vital to have adequate coverage in case of an accident to prevent significant out-of-pocket costs. Additionally, being found at fault in an accident could lead to increased premiums.
With over ten years of experience analyzing car insurance rates, I’ve observed significant variability in these costs. Factors such as age, driving record, and location can have a considerable impact on insurance premiums.
How Much Does A Chevrolet Corvette Car Insurance Cost?
Chevrolet Corvette drivers typically pay an average of $2,218 per year for car insurance.
The cost of car insurance can vary widely based on several factors, such as your location, driving history, the model year of your vehicle, and the coverage options you choose. Keeping a clean driving record can help lower your premiums, while a history of accidents or traffic violations can lead to higher rates.
Living in an urban area with heavy traffic can also result in higher insurance costs compared to rural areas with less congestion. Additionally, the type of coverage you choose plays a role in your premium—comprehensive coverage, which includes both collision and broader protections, generally costs more than basic liability coverage.
As shown in the table below, insuring a Chevrolet Corvette is more expensive compared to the average cost for all Chevrolet models and also higher than the average cost for all cars.
Insuranceopedia can help you compare quotes from various auto insurance providers, ensuring you find the best deal tailored to your needs.
| Vehicle | Average Monthly Premium |
| Chevrolet Corvette | $165 |
| All Chevrolets | $163 |
| All Cars | $175 |
Average Insurance Cost Of Chevrolet Corvette By Model Year
| Model Year | Average Premium |
| 2024 Chevrolet Corvette | $3,012 |
| 2023 Chevrolet Corvette | $903 |
| 2022 Chevrolet Corvette | $1,110 |
| 2021 Chevrolet Corvette | $948 |
| 2020 Chevrolet Corvette | $1,259 |
| 2019 Chevrolet Corvette | $1,067 |
| 2018 Chevrolet Corvette | $1,073 |
| 2017 Chevrolet Corvette | $1,077 |
| 2016 Chevrolet Corvette | $1,073 |
| 2015 Chevrolet Corvette | $846 |
| 2014 Chevrolet Corvette | $624 |
| 2013 Chevrolet Corvette | $1,092 |
| 2012 Chevrolet Corvette | $934 |
| 2011 Chevrolet Corvette | $601 |
| 2010 Chevrolet Corvette | $913 |
2024 Chevrolet Corvette Insurance Rates
The average annual insurance cost for a 2024 Chevrolet Corvette is $3,012. However, California Capital offers the cheapest rates, averaging $2,218 per year.
| Insurance Provider | Average Annual Cost |
| Mercury | $4,114 |
| Allstate | $4,199 |
| California Capital | $2,218 |
| Grange | $2,785 |
| Metropolitan | $2,844 |
| Esurance | $2,546 |
| Unitrin | $2,459 |
| USAA | $2,420 |
| Nationwide | $3,139 |
| 21st Century | $3,391 |
2023 Chevrolet Corvette Insurance Rates
The average annual insurance cost for a 2023 Chevrolet Corvette is $3,012. However, Safeco offers the cheapest rates, averaging $82 per year.
| Insurance Provider | Average Annual Cost |
| Direct Auto | $1,123 |
| Capital Insurance Group | $1,239 |
| National General Value | $605 |
| Victoria | $216 |
| Country | $1,141 |
| Erie | $1,033 |
| Nationwide | $1,210 |
| Safeco | $82 |
| North Carolina Farm Bureau | $1,398 |
| Texas Farm Bureau Group | $982 |
2022 Chevrolet Corvette Insurance Rates
The average annual insurance cost for a 2022 Chevrolet Corvette is $1,110. However, Safeco offers the cheapest rates, averaging $634 per year.
| Insurance Provider | Average Annual Cost |
| Virginia Farm Bureau | $884 |
| United Farm Bureau of IN Group | $1,138 |
| Texas Farm Bureau Group | $1,257 |
| Safeco | $634 |
| Buckeye Insurance Group | $941 |
| Atlantic States Insurance | $1,218 |
| GMAC Insurance Group | $1,541 |
| Western Reserve | $1,320 |
| American National P | $637 |
| American Independent Ins Co | $1,526 |
2021 Chevrolet Corvette Insurance Rates
The average annual insurance cost for a 2021 Chevrolet Corvette is $948. However, Direct Auto offers the cheapest rates, averaging $513 per year.
| Insurance Provider | Average Annual Cost |
| Buckeye Insurance Group | $849 |
| New Jersey Manufacturers | $1,054 |
| Direct Auto | $513 |
| United Farm Bureau of IN Group | $943 |
| Mercury Insurance | $953 |
| Pekin Insurance | $805 |
| Indiana Farmers Mutual Ins | $1,349 |
| Western Reserve | $1,032 |
| Hastings Mutual Insurance Co | $772 |
| Penn National | $1,209 |
2020 Chevrolet Corvette Insurance Rates
The average annual insurance cost for a 2020 Chevrolet Corvette is $1,259. However, North Carolina Farm Bureau offers the cheapest rates, averaging $911 per year.
| Insurance Provider | Average Annual Cost |
| Direct Auto | $1,339 |
| IMT Insurance Company | $1,599 |
| First Chicago Insurance | $1,493 |
| GMAC Insurance Group | $1,221 |
| North Carolina Farm Bureau | $911 |
| Farm Bureau Mutual (IA Group) | $1,185 |
| Rockford Mutual Insurance | $1,286 |
| SECURA Insurance | $1,453 |
| SafeAuto | $1,145 |
| American National P | $958 |
2019 Chevrolet Corvette Insurance Rates
The average annual insurance cost for a 2019 Chevrolet Corvette is $1,067. However, Buckeye Insurance Group offers the cheapest rates, averaging $837 per year.
| Insurance Provider | Average Annual Cost |
| Direct Auto | $1,352 |
| Texas Farm Bureau Group | $1,049 |
| Pekin Insurance | $860 |
| United Farm Bureau of IN Group | $969 |
| SECURA Insurance | $1,071 |
| Buckeye Insurance Group | $837 |
| Western Reserve | $1,021 |
| Indiana Farmers Mutual Ins | $1,318 |
| SafeAuto | $854 |
| Motorists Mutual | $1,343 |
2018 Chevrolet Corvette Insurance Rates
The average annual insurance cost for a 2018 Chevrolet Corvette is $1,073. However, Pekin Insurance offers the cheapest rates, averaging $536 per year.
| Insurance Provider | Average Annual Cost |
| Partners Mutual Insurance Co | $1,001 |
| New York Central Mutual Fire | $1,242 |
| SECURA Insurance | $1,271 |
| North Carolina Farm Bureau | $988 |
| GMAC Insurance Group | $1,196 |
| IMT Insurance Company | $734 |
| Atlantic States Insurance | $1,313 |
| Direct Auto | $1,135 |
| Erie | $1,311 |
| Pekin Insurance | $536 |
2017 Chevrolet Corvette Insurance Rates
The average annual insurance cost for a 2017 Chevrolet Corvette is $1,077. However, Pekin Insurance offers the cheapest rates, averaging $775 per year.
| Insurance Provider | Average Annual Cost |
| North Carolina Farm Bureau | $792 |
| New York Central Mutual Fire | $879 |
| SafeAuto | $1,252 |
| Safeco | $895 |
| Erie | $1,219 |
| SECURA Insurance | $1,277 |
| Pekin Insurance | $775 |
| Texas Farm Bureau Group | $1,241 |
| Farm Bureau Mutual (IA Group) | $1,267 |
| Direct Auto | $1,171 |
2016 Chevrolet Corvette Insurance Rates
The average annual insurance cost for a 2016 Chevrolet Corvette is $1,073. However, Virginia Farm Bureau offers the cheapest rates, averaging $824 per year.
| Insurance Provider | Average Annual Cost |
| Farm Bureau Mutual (IA Group) | $880 |
| Indiana Farmers Mutual Ins | $1,183 |
| Pekin Insurance | $941 |
| Direct Auto | $1,000 |
| Liberty Mutual | $1,108 |
| Virginia Farm Bureau | $824 |
| Mercury Insurance Company | $1,131 |
| SECURA Insurance | $1,346 |
| Erie | $1,323 |
| New York Central Mutual Fire | $990 |
2015 Chevrolet Corvette Insurance Rates
The average annual insurance cost for a 2015 Chevrolet Corvette is $846. However, Direct Auto offers the cheapest rates, averaging $699 per year.
| Insurance Provider | Average Annual Cost |
| Pekin Insurance | $1,057 |
| MO Farm Bureau Services | $888 |
| Ohio Mutual Ins Group | $964 |
| American National P | $320 |
| Direct Auto | $699 |
| New York Central Mutual Fire | $802 |
| Wolverine Mutual | $985 |
| Clearcover | $807 |
| Cincinnati Insurance | $923 |
| West Bend Mutual | $1,010 |
Find Affordable Chevrolet Corvette Insurance Rates
2014 Chevrolet Corvette Insurance Rates
The average annual insurance cost for a 2014 Chevrolet Corvette is $624. However, Jupiter Auto Insurance offers the cheapest rates, averaging $46 per year.
| Insurance Provider | Average Annual Cost |
| American National P | $451 |
| SECURA Insurance | $871 |
| Indiana Farmers Mutual Ins | $877 |
| Safeco | $215 |
| Pekin Insurance | $601 |
| New York Central Mutual Fire | $844 |
| Kentucky Farm Bureau | $981 |
| United Farm Bureau of IN Group | $967 |
| Mercury Insurance | $388 |
| Jupiter Auto Insurance | $46 |
2013 Chevrolet Corvette Insurance Rates
The average annual insurance cost for a 2013 Chevrolet Corvette is $1,092. However, Dairyland offers the cheapest rates, averaging $824 per year.
| Insurance Provider | Average Annual Cost |
| Kentucky Farm Bureau | $1,234 |
| GMAC Insurance Group | $1,227 |
| Dairyland | $824 |
| Frankenmuth Mutual | $986 |
| Ohio Mutual Ins Group | $927 |
| North Carolina Farm Bureau | $1,027 |
| Buckeye Insurance Group | $1,344 |
| New Jersey Manufacturers | $1,122 |
| New York Central Mutual Fire | $915 |
| Country | $1,311 |
2012 Chevrolet Corvette Insurance Rates
The average annual insurance cost for a 2012 Chevrolet Corvette is $934. However, Pekin Insurance offers the cheapest rates, averaging $520 per year.
| Insurance Provider | Average Annual Cost |
| SECURA Insurance | $822 |
| Tennessee Farmers | $1,148 |
| Central Mutual Insurance Co | $1,171 |
| Western Reserve | $881 |
| Indiana Farmers Mutual Ins | $971 |
| Virginia Farm Bureau | $908 |
| Pekin Insurance | $520 |
| Country | $1,119 |
| Buckeye Insurance Group | $824 |
| Erie | $976 |
2011 Chevrolet Corvette Insurance Rates
The average annual insurance cost for a 2011 Chevrolet Corvette is $601. However, American National P offers the cheapest rates, averaging $287 per year.
| Insurance Provider | Average Annual Cost |
| Country | $727 |
| Direct Auto | $897 |
| Western Reserve | $666 |
| Texas Farm Bureau Group | $800 |
| Southern Farm Bureau | $669 |
| Buckeye Insurance Group | $400 |
| Central Mutual Insurance Co | $546 |
| Virginia Farm Bureau | $590 |
| American National P | $287 |
| SafeAuto | $426 |
2010 Chevrolet Corvette Insurance Rates
The average annual insurance cost for a 2010 Chevrolet Corvette is $913. However, SafeAuto offers the cheapest rates, averaging $291 per year.
| Insurance Provider | Average Annual Cost |
| Virginia Farm Bureau | $914 |
| Country | $1,162 |
| Mutual Of Enumclaw | $1,303 |
| Farm Bureau Mutual (IA Group) | $1,387 |
| Cincinnati Insurance | $1,449 |
| Direct Auto | $554 |
| SECURA Insurance | $773 |
| Penn National | $724 |
| SafeAuto | $291 |
| American National P | $577 |
Find Affordable Chevrolet Corvette Insurance Rates
Is A Chevrolet Corvette Expensive To Insure?
The cost to insure a Chevrolet Corvette is higher than the overall average for all cars. However, the exact amount you’ll pay for insurance can vary based on factors like your age, the car’s model year, your location, and other individual considerations.
Cost of Chevrolet Corvette Car Insurance By Age
Age plays a crucial role in determining insurance rates for any vehicle. Teenagers usually pay the highest premiums since they are statistically more likely to be involved in car accidents compared to other age groups. As you get older, your insurance rates typically decrease as you become considered a lower risk to insurers.
| Driver Age | Good Driver | Recent Accident | Poor Credit |
| 17 | $10,438 | $15,310 | $17,946 |
| 18 | $9,790 | $14,263 | $16,727 |
| 19 | $8,641 | $12,651 | $14,806 |
| 20 | $7,539 | $11,070 | $12,879 |
| 21 | $6,275 | $9,202 | $10,767 |
| 22 | $6,120 | $8,967 | $10,541 |
| 23 | $5,341 | $7,876 | $9,237 |
| 24 | $5,134 | $7,497 | $8,805 |
| 25 | $4,430 | $6,433 | $7,514 |
| 30 | $3,471 | $5,039 | $5,931 |
| 35 | $3,239 | $4,682 | $5,537 |
| 40 | $3,091 | $4,493 | $5,299 |
| 45 | $2,979 | $4,435 | $5,130 |
| 55 | $2,802 | $4,062 | $4,752 |
| 65 | $2,893 | $4,176 | $4,981 |
| 75 | $3,582 | $5,300 | $6,201 |
Chevrolet Corvette Car Insurance Cost – By U.S. State
Where you live significantly impacts how insurance companies determine your rates. Each state regulates its own auto insurance, and for example, drivers in Michigan often pay higher premiums due to state-mandated higher coverage levels. Additionally, different locations experience varying climates, with some states facing extreme weather like hurricanes, storms, and flooding.
Moreover, every area has its own statistics on crime and auto accidents, including car thefts, crashes, and vehicle fatality rates. Insurance providers take all of these factors into account when calculating your specific Chevrolet Corvette insurance rate.
| State | Good Driver | Recent Accident | Poor Credit |
| Alabama | $3,295 | $4,759 | $6,046 |
| Alaska | $2,701 | $3,789 | $3,609 |
| Arizona | $3,062 | $4,417 | $6,502 |
| Arkansas | $3,329 | $5,317 | $5,801 |
| California | $3,766 | $6,623 | $3,691 |
| Colorado | $3,445 | $4,883 | $6,201 |
| Connecticut | $4,477 | $6,936 | $8,762 |
| Delaware | $3,695 | $4,941 | $6,331 |
| Florida | $4,357 | $6,102 | $7,924 |
| Georgia | $3,588 | $5,381 | $5,381 |
| Hawaii | $1,405 | $1,964 | $1,425 |
| Idaho | $2,515 | $3,252 | $4,036 |
| Illinois | $2,613 | $3,904 | $4,484 |
| Indiana | $2,683 | $4,040 | $4,625 |
| Iowa | $2,152 | $2,916 | $3,377 |
| Kansas | $2,858 | $4,108 | $4,755 |
| Kentucky | $4,084 | $6,004 | $7,004 |
| Louisiana | $5,225 | $7,926 | $8,545 |
| Maine | $2,010 | $2,722 | $4,052 |
| Maryland | $3,207 | $4,657 | $5,139 |
| Massachusetts | $2,534 | $4,508 | $2,552 |
| Michigan | $6,163 | $9,386 | $14,842 |
| Minnesota | $2,542 | $3,370 | $4,802 |
| Mississippi | $3,067 | $4,379 | $4,401 |
| Missouri | $2,927 | $4,173 | $5,481 |
| Montana | $2,914 | $4,093 | $4,733 |
| Nebraska | $2,525 | $3,649 | $3,997 |
| Nevada | $4,126 | $6,052 | $6,397 |
| New Hampshire | $2,881 | $4,471 | $5,756 |
| New Jersey | $3,142 | $4,912 | $6,441 |
| New Mexico | $3,205 | $4,784 | $4,954 |
| New York | $2,952 | $3,700 | $6,262 |
| North Carolina | $1,867 | $3,139 | $2,295 |
| North Dakota | $2,545 | $3,847 | $4,520 |
| Ohio | $2,227 | $3,453 | $3,531 |
| Oklahoma | $3,592 | $5,173 | $5,812 |
| Oregon | $3,224 | $4,342 | $5,284 |
| Pennsylvania | $2,710 | $4,056 | $4,760 |
| Rhode Island | $4,587 | $6,717 | $7,631 |
| South Carolina | $3,082 | $4,311 | $6,000 |
| South Dakota | $2,761 | $4,028 | $4,635 |
| Tennessee | $3,273 | $4,849 | $6,491 |
| Texas | $3,351 | $4,747 | $5,919 |
| Utah | $2,829 | $3,983 | $5,440 |
| Vermont | $2,156 | $3,387 | $3,522 |
| Virginia | $2,041 | $3,099 | $3,064 |
| Washington | $2,736 | $3,725 | $4,366 |
| West Virginia | $2,714 | $3,921 | $4,938 |
| Wisconsin | $2,724 | $4,262 | $4,852 |
| Wyoming | $2,561 | $3,592 | $3,769 |
Find Affordable Chevrolet Corvette Insurance Rates
Cheapest Car Insurance Companies For A Chevrolet Corvette
If you’re in the market for a new car insurance policy for your Chevrolet Corvette, you might want to know which providers offer the cheapest rates. For drivers specifically seeking the most affordable option, Dairyland offers a premium of $31 per month, making them the cheapest provider for a Chevrolet Corvette. However, keep in mind that rates can vary based on your driver profile, so this rate is just an average. To find the most affordable rates tailored to your situation, it’s best to shop around and compare quotes.
| Company | Average Monthly Rate |
| Mercury | $38 |
| Clearcover | $36 |
| Dairyland | $31 |
| Foremost | $45 |
| Mile Auto | $39 |
Common Chevrolet Corvette Insurance Discounts
Discounts are a great way to reduce your car insurance costs. While each insurance provider offers different discounts, here are some common ones you may be eligible for:
• Multi-policy: By bundling your home and auto insurance policies with the same provider, you can often receive a discounted rate.
• Pay annually: This option allows you to pay your premium in full at the beginning of the policy term, rather than making monthly payments.
• Defensive driving: Completing defensive driving courses from a certified institution can make you eligible for lower insurance rates.
There are additional discounts you may qualify for. It’s a good idea to speak with your insurance agent, as they can help you identify any discounts you may be eligible for.
Ways To Save On Chevrolet Corvette Insurance Costs
Keeping a clean driving record is one of the most effective ways to keep your Chevrolet Corvette insurance costs down. Receiving a speeding ticket or getting involved in an accident can lead to higher premiums.
Chevrolet Corvette drivers with a ticket on their record can expect to pay around $75 per month, while those with multiple accidents may pay an average of $90 per month. By avoiding these incidents, you can maintain lower insurance costs.
Additionally, drivers with low annual mileage typically pay less for Chevrolet Corvette insurance, as those who drive less frequently have fewer chances of being involved in accidents, making them a lower risk to insure.
Compare Chevrolet Corvette To Other Chevrolet Models
Looking for other Chevrolet model insurance costs?
- Chevrolet Blazer Car Insurance
- Chevrolet Camaro Car Insurance
- Chevrolet Bolt EV Car Insurance
- Chevrolet Colorado Car Insurance
- Chevrolet Equinox Car Insurance
- Chevrolet Impala Car Insurance
- Chevrolet Malibu Car Insurance
- Chevrolet Sonic Car Insurance
- Chevrolet Suburban Car Insurance
- Chevrolet Tahoe Car Insurance
- Chevrolet Traverse Car Insurance
- Chevrolet Trax Car Insurance
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- Chevrolet Spark EV Car Insurance
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Our Methodology
To calculate average car insurance costs, Insuranceopedia analyzed thousands of quotes from leading auto insurance providers. The sample profile used was a 40-year-old male driver purchasing full-coverage insurance with coverage limits of $100,000 for property damage liability, $100,000 for bodily injury liability, and a $1,000 deductible. However, keep in mind that these figures may not reflect your specific individual results.
Quotes Analyzed
Brands Reviewed
Research Hours
Years Of Experience
FAQs
Do You Need Insurance Before You Can Purchase A Chevrolet Corvette?
Yes, you’ll need to provide proof of insurance before driving your Chevrolet Corvette off the dealership lot. The best approach is to purchase a policy in advance and then notify your insurance company about your upcoming car purchase, rather than opting for insurance through the dealership.
How Can You Get The Cheapest Insurance For Your Chevrolet Corvette?
The best way to find the most affordable insurance rates for your Chevrolet Corvette is by shopping around and comparing quotes from different auto insurance companies. Fortunately, Insuranceopedia makes this easy by allowing you to compare quotes from multiple providers directly on our website.
