Insurance premiums for a Chevrolet Corvette average $202 monthly for full coverage and $104 for minimum coverage. Your specific trim and model year affect costs , with monthly premiums ranging from $69 to $580.
Chevrolet Corvette Insurance Cost
Updated: January 13, 2026
Key Takeaways
GEICO offers the most affordable Chevrolet Corvette insurance, though full coverage costs vary widely by model year and company, averaging $180 monthly. Read more
The Corvette ranks 24th out of 115 sports cars for insurance affordability, placing it in the more affordable tier among sports cars. Sports cars have higher premiums than other vehicle types due to increased repair costs and theft rates. Read more
For the most accurate rates, check costs specific to your Corvette's model year. Read MoneyGeek's analysis of rates by company for specific Corvette model years, depending on the age of the drivers
How Much Is Chevrolet Corvette Insurance?
| Chevrolet Corvette | $104 | $202 |
Looking for another Chevrolet model? Read more about the cost of Chevrolet car insurance models.
Chevrolet Corvette insurance costs vary by model year, ranging from $70 monthly for older models to $383 for the newest ones. Your car's age greatly affects insurance rates, and the Corvette's no exception since newer models cost more to insure due to their higher fair market value.
Insurance costs for a Chevrolet Corvette depend on model year and company. Minimum coverage runs $71 monthly through GEICO to $164 with Farmers, while full coverage spans $149 with Travelers to $343 with AIG.
Chevrolet Corvette owners should shop between insurers since minimum coverage varies by over $93 and full coverage by over $194. Each company calculates risk differently for the Corvette, affecting your final quote.
| AAA | $152 | $316 |
| AIG | $200 | $505 |
| Allstate | $162 | $316 |
| Amica | $169 | $346 |
| Chubb | $195 | $388 |
| Farmers | $200 | $354 |
| Geico | $83 | $179 |
| Kemper | $137 | $274 |
| Nationwide | $184 | $318 |
| Progressive | $160 | $301 |
| State Farm | $130 | $270 |
| The Hartford | $137 | $233 |
| Travelers | $141 | $262 |
| UAIC | $207 | $260 |
Is Chevrolet Corvette Expensive to Insure?
Sports cars are a unique category when evaluating insurance costs, and MoneyGeek's analysis of 115 sports cars shows the Chevrolet Corvette ranking 24th for affordability. This positions it just a few dollars per month more expensive than a Mercedes SLC and slightly cheaper than a Toyota Supra, with 23 more affordable sports car options available. The Corvette sits comfortably in the middle range among performance vehicles.
However, sports cars are expensive to insure overall. The Corvette's 531st place out of 827 total vehicles puts it among the pricier models to insure, landing in the upper tier for costs. While the Mazda MX-5 Miata offers the most affordable sports car insurance rates, the Rolls-Royce La Rose Noire commands the highest premiums in this category.
| Fisker Karma | $144 | 21 |
| Nissan 370Z | $145 | 22 |
| Mercedes SLC | $151 | 23 |
| Toyota 86 | $151 | 23 |
| Chevrolet Corvette | $153 | 24 |
| Toyota Supra | $153 | 25 |
| Lotus Exige | $155 | 26 |
| Mclaren GT | $155 | 27 |
Several factors affect what you'll pay for Chevrolet Corvette insurance:
- Average Repair or Replacement Costs: Ranking as Chevrolet's most expensive model to maintain out of 38, the Corvette's repair costs average $1,387 annually, reflecting its specialized parts and performance engineering requirements.
- Vehicle Trim, Features and Accessories: The Corvette's impressive horsepower range from 490 to 670 across different trims directly impacts insurance premiums. High-performance variants like the Z06 and ZR1 cost substantially more to insure due to extreme power output and repair complexity.
- Driver Profile: Most Corvette owners are around 50 years old with higher incomes, which can help lower rates. However, the car's performance reputation attracts risk-taking behaviors that concern insurers. Read more about the costs of Chevrolet Corvettes for young drivers.
Chevrolet Corvette Costs by Model Year and Driver Age by Insurance Company
Newer Corvette models cost more to insure than older ones, and your age also affects your premiums. A 35- to 55-year-old driver pays an average of $388 monthly for full coverage on a 2025 Chevrolet Corvette compared to just $218 for a 2016 model. Teen and young adult drivers face much higher rates across all model years.
You can save hundreds monthly by shopping between insurers for your Corvette coverage. Travelers offers the cheapest rates across all Corvette model years.
Older models (2016 to 2020):
Cost of Car Insurance for 2025 Chevrolet Corvette
| Geico | $140 | $306 |
| National General | $240 | $491 |
| The Hartford | $244 | $416 |
| State Farm | $257 | $537 |
| Kemper | $258 | $513 |
| Travelers | $284 | $532 |
| AAA | $309 | $641 |
| Allstate | $313 | $617 |
| Progressive | $321 | $603 |
| Nationwide | $360 | $624 |
| Amica | $362 | $742 |
| UAIC | $375 | $475 |
| Farmers | $394 | $700 |
| AIG | $422 | $1,089 |
| Chubb | $443 | $885 |
2025 Chevrolet Corvette Insurance Costs for 16- to 25-Year-Olds
Data filtered by:
Full Coverage
| Nationwide | $1,064 | $973 | $895 | $759 | $642 | $417 | $387 | $361 | $341 | $306 |
| Travelers | $1,424 | $1,025 | $811 | $625 | $553 | $405 | $370 | $342 | $316 | $273 |
| Geico | $1,527 | $1,118 | $940 | $684 | $587 | $474 | $437 | $361 | $342 | $310 |
| State Farm | $1,749 | $1,539 | $1,360 | $1,177 | $1,038 | $881 | $800 | $714 | $653 | $575 |
| Progressive | $2,349 | $1,904 | $1,582 | $879 | $767 | $618 | $551 | $492 | $453 | $390 |
| Allstate | $2,609 | $2,044 | $1,641 | $1,208 | $1,081 | $845 | $764 | $720 | $678 | $601 |
| Farmers | $3,756 | $2,795 | $2,487 | $1,578 | $1,493 | $1,150 | $1,015 | $974 | $922 | $775 |
Cost of Car Insurance for 2024 Chevrolet Corvette
| Geico | $131 | $287 |
| National General | $224 | $460 |
| The Hartford | $228 | $390 |
| State Farm | $241 | $503 |
| Kemper | $241 | $480 |
| Travelers | $266 | $498 |
| AAA | $289 | $600 |
| Allstate | $293 | $577 |
| Progressive | $300 | $564 |
| Nationwide | $337 | $584 |
| Amica | $338 | $695 |
| UAIC | $351 | $445 |
| Farmers | $369 | $655 |
| AIG | $395 | $1,019 |
| Chubb | $414 | $828 |
2024 Chevrolet Corvette Insurance Costs for 16- to 25-Year-Olds
Data filtered by:
Full Coverage
| Nationwide | $843 | $771 | $709 | $602 | $509 | $331 | $307 | $286 | $271 | $242 |
| Travelers | $1,129 | $812 | $643 | $496 | $438 | $321 | $294 | $271 | $251 | $216 |
| Geico | $1,210 | $886 | $745 | $542 | $465 | $376 | $346 | $286 | $271 | $246 |
| State Farm | $1,386 | $1,220 | $1,078 | $933 | $823 | $698 | $634 | $566 | $518 | $456 |
| Progressive | $1,861 | $1,509 | $1,253 | $696 | $608 | $490 | $437 | $390 | $359 | $309 |
| Allstate | $2,067 | $1,620 | $1,301 | $957 | $857 | $670 | $605 | $571 | $537 | $476 |
| Farmers | $2,977 | $2,215 | $1,971 | $1,251 | $1,184 | $912 | $805 | $772 | $730 | $614 |
Cost of Car Insurance for 2023 Chevrolet Corvette
| Geico | $130 | $283 |
| National General | $222 | $454 |
| The Hartford | $226 | $385 |
| State Farm | $238 | $497 |
| Kemper | $238 | $475 |
| Travelers | $263 | $492 |
| AAA | $286 | $594 |
| Allstate | $289 | $571 |
| Progressive | $297 | $558 |
| Nationwide | $333 | $577 |
| Amica | $335 | $687 |
| UAIC | $347 | $440 |
| Farmers | $364 | $648 |
| AIG | $391 | $1,007 |
| Chubb | $410 | $818 |
2023 Chevrolet Corvette Insurance Costs for 16- to 25-Year-Olds
Data filtered by:
Full Coverage
| Nationwide | $864 | $790 | $727 | $617 | $521 | $339 | $314 | $293 | $277 | $248 |
| Travelers | $1,156 | $832 | $658 | $508 | $449 | $329 | $301 | $278 | $257 | $221 |
| Geico | $1,240 | $907 | $763 | $555 | $476 | $385 | $355 | $293 | $278 | $251 |
| State Farm | $1,420 | $1,249 | $1,104 | $955 | $843 | $715 | $650 | $580 | $530 | $467 |
| Progressive | $1,906 | $1,545 | $1,284 | $713 | $623 | $502 | $448 | $400 | $368 | $316 |
| Allstate | $2,118 | $1,659 | $1,332 | $980 | $877 | $686 | $620 | $585 | $550 | $488 |
| Farmers | $3,049 | $2,269 | $2,019 | $1,281 | $1,212 | $934 | $824 | $791 | $748 | $629 |
Cost of Car Insurance for 2022 Chevrolet Corvette
| Geico | $109 | $239 |
| National General | $187 | $383 |
| The Hartford | $190 | $325 |
| State Farm | $201 | $419 |
| Kemper | $201 | $400 |
| Travelers | $221 | $415 |
| AAA | $241 | $500 |
| Allstate | $244 | $481 |
| Progressive | $250 | $470 |
| Nationwide | $281 | $486 |
| Amica | $282 | $579 |
| UAIC | $292 | $371 |
| Farmers | $307 | $546 |
| AIG | $330 | $849 |
| Chubb | $345 | $690 |
2022 Chevrolet Corvette Insurance Costs for 16- to 25-Year-Olds
Data filtered by:
Full Coverage
| Nationwide | $635 | $580 | $534 | $453 | $383 | $249 | $231 | $216 | $204 | $182 |
| Travelers | $850 | $611 | $484 | $373 | $330 | $242 | $221 | $204 | $189 | $163 |
| Geico | $911 | $667 | $561 | $408 | $350 | $283 | $261 | $216 | $204 | $185 |
| State Farm | $1,043 | $918 | $811 | $702 | $619 | $526 | $477 | $426 | $390 | $343 |
| Progressive | $1,401 | $1,136 | $944 | $524 | $458 | $369 | $329 | $294 | $271 | $233 |
| Allstate | $1,556 | $1,219 | $979 | $721 | $645 | $504 | $456 | $430 | $404 | $358 |
| Farmers | $2,241 | $1,668 | $1,484 | $942 | $891 | $686 | $606 | $581 | $550 | $462 |
Cost of Car Insurance for 2021 Chevrolet Corvette
| Geico | $90 | $196 |
| National General | $154 | $315 |
| The Hartford | $157 | $267 |
| State Farm | $165 | $345 |
| Kemper | $165 | $329 |
| Travelers | $182 | $341 |
| AAA | $198 | $411 |
| Allstate | $201 | $396 |
| Progressive | $206 | $387 |
| Nationwide | $231 | $400 |
| Amica | $232 | $476 |
| UAIC | $240 | $305 |
| Farmers | $253 | $449 |
| AIG | $271 | $698 |
| Chubb | $284 | $567 |
2021 Chevrolet Corvette Insurance Costs for 16- to 25-Year-Olds
Data filtered by:
Full Coverage
| Nationwide | $607 | $555 | $511 | $433 | $366 | $238 | $221 | $206 | $195 | $175 |
| Travelers | $813 | $585 | $463 | $357 | $316 | $231 | $211 | $195 | $180 | $156 |
| Geico | $872 | $638 | $537 | $390 | $335 | $271 | $250 | $206 | $195 | $177 |
| State Farm | $998 | $878 | $776 | $672 | $592 | $503 | $457 | $408 | $373 | $328 |
| Progressive | $1,340 | $1,087 | $903 | $502 | $438 | $353 | $315 | $281 | $259 | $222 |
| Allstate | $1,489 | $1,167 | $937 | $689 | $617 | $482 | $436 | $411 | $387 | $343 |
| Farmers | $2,144 | $1,595 | $1,419 | $901 | $852 | $657 | $579 | $556 | $526 | $442 |
Cost of Car Insurance for 2020 Chevrolet Corvette
| Geico | $73 | $160 |
| National General | $125 | $256 |
| The Hartford | $127 | $217 |
| State Farm | $134 | $280 |
| Kemper | $134 | $268 |
| Travelers | $148 | $277 |
| AAA | $161 | $335 |
| Allstate | $163 | $322 |
| Progressive | $167 | $315 |
| Nationwide | $188 | $325 |
| Amica | $189 | $387 |
| UAIC | $195 | $248 |
| Farmers | $205 | $365 |
| AIG | $220 | $568 |
| Chubb | $231 | $461 |
2020 Chevrolet Corvette Insurance Costs for 16- to 25-Year-Olds
Data filtered by:
Full Coverage
| Nationwide | $562 | $514 | $473 | $401 | $339 | $220 | $204 | $191 | $180 | $162 |
| Travelers | $753 | $542 | $428 | $331 | $292 | $214 | $196 | $181 | $167 | $144 |
| Geico | $807 | $591 | $497 | $361 | $310 | $251 | $231 | $191 | $181 | $164 |
| State Farm | $924 | $813 | $719 | $622 | $549 | $466 | $423 | $377 | $345 | $304 |
| Progressive | $1,241 | $1,006 | $836 | $464 | $405 | $327 | $291 | $260 | $240 | $206 |
| Allstate | $1,378 | $1,080 | $867 | $638 | $571 | $446 | $404 | $381 | $358 | $317 |
| Farmers | $1,985 | $1,477 | $1,314 | $834 | $789 | $608 | $536 | $515 | $487 | $410 |
Cost of Car Insurance for 2019 Chevrolet Corvette
| Geico | $60 | $132 |
| National General | $103 | $212 |
| The Hartford | $105 | $179 |
| State Farm | $111 | $232 |
| Kemper | $111 | $221 |
| Travelers | $122 | $229 |
| AAA | $133 | $277 |
| Allstate | $135 | $266 |
| Progressive | $138 | $260 |
| Nationwide | $155 | $269 |
| Amica | $156 | $320 |
| UAIC | $162 | $205 |
| Farmers | $170 | $302 |
| AIG | $182 | $469 |
| Chubb | $191 | $381 |
2019 Chevrolet Corvette Insurance Costs for 16- to 25-Year-Olds
Data filtered by:
Full Coverage
| Nationwide | $762 | $696 | $641 | $544 | $460 | $298 | $277 | $258 | $244 | $219 |
| Travelers | $962 | $691 | $546 | $421 | $372 | $272 | $249 | $230 | $212 | $183 |
| Geico | $986 | $721 | $606 | $440 | $378 | $306 | $282 | $233 | $220 | $200 |
| State Farm | $1,021 | $899 | $794 | $687 | $606 | $515 | $468 | $417 | $382 | $336 |
| Progressive | $1,477 | $1,195 | $992 | $552 | $482 | $388 | $346 | $309 | $285 | $245 |
| Allstate | $1,495 | $1,172 | $943 | $696 | $623 | $487 | $441 | $416 | $392 | $347 |
| Farmers | $2,140 | $1,585 | $1,411 | $885 | $837 | $639 | $568 | $544 | $516 | $434 |
Cost of Car Insurance for 2018 Chevrolet Corvette
| Geico | $61 | $133 |
| National General | $75 | $154 |
| Travelers | $85 | $157 |
| State Farm | $88 | $182 |
| Progressive | $95 | $179 |
| Kemper | $101 | $206 |
| Nationwide | $101 | $175 |
| The Hartford | $104 | $177 |
| AAA | $110 | $228 |
| Amica | $116 | $239 |
| Allstate | $122 | $235 |
| Chubb | $131 | $260 |
| AIG | $136 | $342 |
| UAIC | $139 | $174 |
| Farmers | $149 | $265 |
2018 Chevrolet Corvette Insurance Costs for 16- to 25-Year-Olds
Data filtered by:
Full Coverage
| Nationwide | $700 | $641 | $590 | $500 | $423 | $274 | $254 | $237 | $224 | $201 |
| State Farm | $835 | $735 | $649 | $562 | $496 | $421 | $382 | $341 | $312 | $275 |
| Geico | $845 | $618 | $519 | $378 | $324 | $262 | $242 | $200 | $189 | $171 |
| Travelers | $884 | $638 | $504 | $389 | $344 | $251 | $230 | $212 | $196 | $169 |
| Allstate | $1,181 | $927 | $748 | $553 | $495 | $387 | $350 | $331 | $312 | $276 |
| Progressive | $1,252 | $1,012 | $840 | $467 | $408 | $329 | $293 | $262 | $241 | $207 |
| Farmers | $1,697 | $1,254 | $1,117 | $698 | $659 | $502 | $447 | $427 | $406 | $342 |
Cost of Car Insurance for 2017 Chevrolet Corvette
| Geico | $58 | $126 |
| National General | $72 | $148 |
| Travelers | $82 | $152 |
| State Farm | $85 | $177 |
| Progressive | $91 | $171 |
| Nationwide | $98 | $170 |
| Kemper | $99 | $201 |
| The Hartford | $102 | $173 |
| AAA | $104 | $216 |
| Amica | $112 | $229 |
| Allstate | $116 | $225 |
| Chubb | $128 | $255 |
| AIG | $132 | $333 |
| UAIC | $136 | $170 |
| Farmers | $140 | $248 |
2017 Chevrolet Corvette Insurance Costs for 16- to 25-Year-Olds
Data filtered by:
Full Coverage
| Nationwide | $658 | $602 | $554 | $470 | $397 | $258 | $239 | $223 | $211 | $189 |
| Geico | $780 | $570 | $479 | $348 | $299 | $242 | $223 | $185 | $175 | $158 |
| State Farm | $808 | $710 | $628 | $543 | $479 | $407 | $370 | $330 | $301 | $266 |
| Travelers | $841 | $607 | $480 | $370 | $328 | $239 | $219 | $202 | $187 | $161 |
| Allstate | $1,112 | $872 | $704 | $521 | $466 | $364 | $330 | $312 | $294 | $260 |
| Progressive | $1,130 | $913 | $758 | $422 | $368 | $297 | $265 | $236 | $218 | $187 |
| Farmers | $1,590 | $1,171 | $1,045 | $653 | $617 | $469 | $418 | $399 | $380 | $320 |
Cost of Car Insurance for 2016 Chevrolet Corvette
| Geico | $118 | $256 |
| National General | $121 | $247 |
| State Farm | $170 | $353 |
| Kemper | $178 | $356 |
| Travelers | $180 | $331 |
| The Hartford | $184 | $313 |
| Amica | $187 | $383 |
| AAA | $188 | $389 |
| Allstate | $202 | $389 |
| Chubb | $210 | $412 |
| Progressive | $212 | $398 |
| AIG | $230 | $565 |
| Farmers | $247 | $437 |
| Nationwide | $260 | $448 |
| UAIC | $273 | $339 |
2016 Chevrolet Corvette Insurance Costs for 16- to 25-Year-Olds
Data filtered by:
Full Coverage
| State Farm | $787 | $692 | $612 | $529 | $467 | $397 | $360 | $322 | $294 | $259 |
| Nationwide | $806 | $738 | $679 | $576 | $487 | $316 | $293 | $273 | $258 | $231 |
| Geico | $895 | $654 | $550 | $400 | $343 | $278 | $256 | $211 | $200 | $181 |
| Travelers | $993 | $719 | $570 | $440 | $389 | $284 | $260 | $240 | $222 | $191 |
| Allstate | $1,133 | $889 | $718 | $532 | $476 | $372 | $338 | $319 | $301 | $266 |
| Progressive | $1,293 | $1,045 | $867 | $482 | $420 | $339 | $302 | $270 | $248 | $213 |
| Farmers | $1,645 | $1,218 | $1,085 | $679 | $641 | $489 | $435 | $416 | $395 | $332 |
Chevrolet Corvette Insurance Cost by Trim
Insurance costs for your Chevrolet Corvette vary by trim, ranging from $69 monthly for minimum coverage on basic Hard Top 2d models to $580 for full coverage on high-performance Zr1 variants. Performance features, rarity, and market value determine where each trim falls in this range.
| Hard Top 2d | $69 | $132 |
| 427 Convertible 2d | $83 | $163 |
| Coupe 2d | $86 | $166 |
| Convertible 2d | $87 | $168 |
| Stingray Z51 Coupe 2d | $90 | $175 |
| Grand Sport Convertible 2d | $91 | $177 |
| Stingray Z51 Convertible 2d | $92 | $179 |
| Grand Sport Coupe 2d | $92 | $180 |
| Z06 Hard Top 2d | $96 | $185 |
| Stingray Convertible 2d | $101 | $197 |
| Stingray Coupe 2d | $102 | $198 |
| Z06 Coupe 2d | $105 | $205 |
| Stingray | $113 | $221 |
| Z06 Convertible 2d | $126 | $247 |
| Zr1 Coupe 2d | $127 | $247 |
| E-Ray | $177 | $345 |
| Z06 | $187 | $366 |
| Zr1 Convertible 2d | $199 | $389 |
| Zr1 | $297 | $580 |
Chevrolet Corvette Insurance Cost by State
Car insurance for a Chevrolet Corvette costs anywhere from $42 monthly in Wyoming to $204 in Louisiana for minimum coverage. Your state's risk characteristics and insurance regulations create these differences, not the Corvette itself.
| Alabama | $90 | $170 |
| Alaska | $75 | $160 |
| Arizona | $130 | $243 |
| Arkansas | $85 | $191 |
| California | $101 | $204 |
| Colorado | $104 | $249 |
| Connecticut | $139 | $239 |
| Delaware | $133 | $224 |
| Florida | $121 | $280 |
| Georgia | $150 | $246 |
| Hawaii | $55 | $124 |
| Idaho | $55 | $113 |
| Illinois | $92 | $172 |
| Indiana | $65 | $126 |
| Iowa | $60 | $145 |
| Kansas | $75 | $177 |
| Kentucky | $124 | $212 |
| Louisiana | $204 | $434 |
| Maine | $55 | $115 |
| Maryland | $152 | $257 |
| Massachusetts | $103 | $219 |
| Michigan | $160 | $309 |
| Minnesota | $87 | $180 |
| Mississippi | $99 | $194 |
| Missouri | $131 | $257 |
| Montana | $76 | $183 |
| Nebraska | $72 | $165 |
| Nevada | $168 | $305 |
| New Hampshire | $73 | $130 |
| New Jersey | $161 | $264 |
| New Mexico | $85 | $190 |
| New York | $120 | $216 |
| North Carolina | $81 | $160 |
| North Dakota | $66 | $145 |
| Ohio | $74 | $145 |
| Oklahoma | $98 | $217 |
| Oregon | $115 | $202 |
| Pennsylvania | $95 | $220 |
| Rhode Island | $124 | $223 |
| South Carolina | $100 | $187 |
| South Dakota | $57 | $177 |
| Tennessee | $79 | $161 |
| Texas | $130 | $267 |
| Utah | $105 | $179 |
| Vermont | $51 | $121 |
| Virginia | $101 | $164 |
| Washington | $89 | $166 |
| West Virginia | $95 | $194 |
| Wisconsin | $68 | $148 |
| Wyoming | $42 | $133 |
How to Lower the Cost of Chevrolet Corvette Insurance
These proven tips help you find affordable Chevrolet Corvette insurance without sacrificing essential coverage:
- 1Choose the right coverage
You'll need to figure out how much coverage to buy for your Chevrolet Corvette. Own your vehicle? Get your state's minimum liability requirements plus comprehensive and collision with a $1,000 deductible to lower premiums. Want enhanced protection? Consider 100/300/100 liability coverage with comprehensive and collision at a $500 deductible. Financing or leasing requires 100/300/100 liability limits, comprehensive and collision with a $500 deductible, plus gap insurance.
- 2Research costs and cheap companies
Learn what you should pay by researching average auto insurance costs for sports cars. This benchmark assists with shopping for the cheapest car insurance companies with competitive rates. Understanding typical pricing helps you identify genuine deals versus inflated quotes when comparing insurers in your area.
- 3Look for more than just low rates
Selecting reliable car insurance means evaluating insurers beyond their quotes alone. Check J.D. Power satisfaction ratings, examine forum feedback on claims processing, review Better Business Bureau complaints and confirm AM Best financial stability. Budget insurers might offer limited coverage or slower service when you need claims assistance most.
- 4Explore discounts you qualify for
Discover car insurance discounts that apply to your situation. Chevrolet Corvette owners often qualify for good driver discounts, anti-theft device discounts, multi-vehicle savings and bundling discounts when combining auto with home insurance. These reductions can lower your premium costs while maintaining quality coverage for your performance vehicle.
- 5Consider alternative car insurance types
Chevrolet Corvette owners might benefit from usage-based insurance programs like Progressive Snapshot or Allstate Drivewise. These options track safe driving habits and deliver premium reductions based on your actual driving behavior. If you drive your Corvette seasonally or maintain low mileage, these programs could offer substantial savings.
- 6Check rates every year
Obtain car insurance quotes from multiple companies annually. Your insurer doesn't notify you when competitors lower their prices, so yearly comparisons could save up to 24% on your Chevrolet Corvette insurance. Market conditions change frequently, making regular shopping essential for maintaining the best rates on your sports car coverage.
Chevrolet Corvette Insurance Cost: Bottom Line
Chevrolet Corvette insurance costs average compared to other vehicles, and you'll find decent rates with some effort. Shopping multiple companies, claiming available discounts and adjusting coverage options helps you secure competitive pricing for your sports car.
Chevrolet Corvette Insurance Rates: FAQ
What is the average cost of car insurance for a Chevrolet Corvette?
Chevrolet Corvette insurance averages $104 monthly for state minimum coverage and $202 for full coverage. Annual premiums cost $1,244 and $2,423 respectively.
What company has the cheapest car insurance for a Chevrolet Corvette?
Geico provides the most affordable minimum coverage for a Chevrolet Corvette at $853 annually. Travelers offers the best value for full coverage policies at $1,792 per year.
Are Chevrolet Corvettes expensive to insure?
No, Chevrolet Corvette insurance is not more expensive than most vehicles. Among sports cars, this model places 24th out of 115 for affordability, while ranking 531st out of 827 total vehicles we track.
What factors affect insurance costs for Chevrolet Corvettes?
Various elements affect Corvette insurance premiums beyond just the sports car's high-performance nature. Your personal driving record and credit score influence rates, along with your chosen coverage levels. The Corvette's specialized parts and repair costs also impact pricing, though it performs better than many expect for affordability.
How can I lower Chevrolet Corvette insurance costs?
Compare quotes from several insurers since Corvette pricing differs between companies, and explore usage-based programs that monitor safe driving. Claim available discounts, bundle policies and keep your driving record clean to secure better rates.
How We Determined Chevrolet Corvette Insurance Costs
We studied hundreds of millions of quote estimates across all U.S. models sold from 2000 to 2025 to determine the most accurate Chevrolet Corvette insurance costs.
Who We Based These Rates On
These Chevrolet Corvette prices reflect what a typical driver pays:
- Age 40, unmarried male
- Clean record: no tickets or crashes
- Credit score in a good range
- Has never made an insurance claim
- Puts about 12,000 miles on the odometer yearly
- Has a valid driver's license with no suspensions on record
Coverage Definitions
- Minimum coverage: State-required liability limits
- Full coverage: 100/300/100 liability + comprehensive/collision with $1,000 deductibles
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.