Chevy Corvette Car Insurance Rates

How Much Does Chevy Corvette Car Insurance Cost?

Chevy Corvette Car Insurance
Click here to see the 2021 Chevrolet Corvette

The average premium for Chevrolet Corvette car insurance for the model year 2004 is $238 per month, or $2,856 per year. A year’s worth of insurance costs an average of $2,856, resulting in an annual insurance cost–to–base car price ratio of 5.2 percent for the vast majority of automobiles now on the market.

It is possible that your actual cost will be more or lower than this, depending on your driving record, the number of miles you travel in a year, and a variety of other factors.

Chevrolet Corvette Information

Corvettes were introduced in 1953 and are now in their seventh generation. They are sold globally. The high-end sports car is widely sought after because of its powerful engine and agile handling.

Chevrolet Corvette was selected 2014 North American Car of the Year and is still manufactured. The Insurance Institute for Highway Safety and the National Highway Traffic Safety Administration have yet to complete their evaluations of the 2021 model year’s safety ratings.

How is it that the Chevrolet Corvette is so outrageously costly to insure?

Because the Chevrolet Corvette is a sports car with a powerful engine designed for high speeds, it is more expensive to insure than other automobiles. Insurance companies view this as a high-risk condition and raise premiums accordingly.

Additionally, there is no defined Corvette safety rating by which insurance prices may be calculated.

Safety features on the Chevrolet Corvette that save you money

Depending on the safety features installed on your Chevrolet Corvette, you may be able to save money on your vehicle insurance costs.

  • Anti-lock brakes
  • Stability control
  • Airbags
  • Seatbelt pretensioners
  • Anti theft system

Check out our insurance review for the Camaro

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Greg Thomas
Greg Thomas is a raving fan of sports cars. He's a Senior Editor at b5media where he manages our vehicle model research and our entire publishing operation. He lives in San Jose, CA with his wife and 3 daughters.
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