Chevrolet Corvette Car Insurance Cost

The average annual insurance premium for a Chevrolet Corvette is approximately $2,218 through California Capital. However, actual costs can vary based on factors such as age, the model year of the car, and other individual considerations. You can utilize the quote tables provided below to determine the potential costs for your specific circumstances.

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Updated: 18 October 2024
Written by Bob Phillips
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If you’re thinking about buying a Chevrolet Corvette, you need to consider the insurance costs. 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 Chevrolet Corvette Car Insurance Cost?

Typically, California Capital provides the most competitive annual rate of $2,218 for full coverage insurance on a 2024 Chevrolet Corvette.

While California Capital’s rate serves as a useful reference point, it’s essential to recognize that car insurance costs can vary significantly due to various factors. These factors include your location, driving history, the model year of your car, and the specific coverage options you select. Maintaining a clean driving record can result in lower premiums, while a history of accidents or traffic violations may increase your costs.

Moreover, residing in an urban area with heavy traffic can lead to higher insurance rates compared to rural areas with lighter traffic. The type of coverage you opt for also affects your premium; for example, full coverage insurance, including comprehensive and collision coverage, typically costs more than minimum liability coverage.

Insuranceopedia is available to assist you in comparing quotes from different insurance companies, ensuring that you find the best deal for your needs.

2024 Chevrolet Corvette Insurance Rates

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

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

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

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

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

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

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

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

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

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

2014 Chevrolet Corvette Insurance Rates

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

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

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

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

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

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Cost of Chevrolet Corvette Car Insurance By Age

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

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

Our Methodology

To ensure accurate and trustworthy insurance company ratings, I employed a detailed methodology. I assess numerous insurers, utilizing insights from reputable review sites and critical metrics from industry authorities such as A.M. Best and J.D. Power. With my 15 years of experience as an insurance agent, I enhance our analysis with firsthand knowledge, ensuring our ratings are reliable guides for your insurance decision-making process.

105

Quotes Analyzed

58

Brands Reviewed

40+

Research Hours

15+

Years Of Experience

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