Insuring a Chevrolet

From its headquarters in Detroit, Michigan, Chevrolet has been producing affordable, high-performance vehicles for more than a century. Throughout nearly all of its history, the company has been a division of General Motors. The brand is popularly referred to as Chevy, and several different models have been produced under the Chevy brand through the years. Ever since its inception, these vehicles have been marketed as more affordable alternatives to vehicles by popular automakers like Ford, but no one would ever classify Chevrolet as a budget automaker. From the powerful Standard Six to the sleek, glamorous Corvette, this company knows how to make cars that excite people.

Model Statistics

Malibu
Malibu
What type of Coverage do Malibu Owners Choose?
Model Legend
$879

Average Annual Cost to Insure

Impala
Impala
What type of Coverage do Impala Owners Choose?
Model Legend
$1,032

Average Annual Cost to Insure

SILVERADO
SILVERADO
What type of Coverage do Silverado Owners Choose?
Model Legend
$820

Average Annual Cost to Insure

Cavalier
Cavalier
What type of Coverage do Cavalier Owners Choose?
Model Legend
$919

Average Annual Cost to Insure

Cobalt
Cobalt
What type of Coverage do Cobalt Owners Choose?
Model Legend
$965

Average Annual Cost to Insure

Trailblazer
Trailblazer
What type of Coverage do Trailblazer Owners Choose?
Model Legend
$864

Average Annual Cost to Insure

Tahoe
Tahoe
What type of Coverage do Tahoe Owners Choose?
Model Legend
$1,105

Average Annual Cost to Insure

Blazer
Blazer
What type of Coverage do Blazer Owners Choose?
Model Legend
$586

Average Annual Cost to Insure

Camaro
Camaro
What type of Coverage do Camaro Owners Choose?
Model Legend
$668

Average Annual Cost to Insure

Equinox
Equinox
What type of Coverage do Equinox Owners Choose?
Model Legend
$780

Average Annual Cost to Insure

Suburban
Suburban
What type of Coverage do Suburban Owners Choose?
Model Legend
$657

Average Annual Cost to Insure

S-10
S-10
What type of Coverage do S-10 Owners Choose?
Model Legend
$587

Average Annual Cost to Insure

Aveo
Aveo
What type of Coverage do Aveo Owners Choose?
Model Legend
$663

Average Annual Cost to Insure

Monte Carlo
Monte Carlo
What type of Coverage do Monte Carlo Owners Choose?
Model Legend
$961

Average Annual Cost to Insure

Lumina
Lumina
What type of Coverage do Lumina Owners Choose?
Model Legend
$588

Average Annual Cost to Insure

Cruze
Cruze
What type of Coverage do Cruze Owners Choose?
Model Legend
$1,037

Average Annual Cost to Insure

HHR
HHR
What type of Coverage do Hhr Owners Choose?
Model Legend
$783

Average Annual Cost to Insure

Venture
Venture
What type of Coverage do Venture Owners Choose?
Model Legend
$457

Average Annual Cost to Insure

C1500
Sorry, No Model Image
What type of Coverage do C1500 Owners Choose?
Sorry, We have no data for this model. Model Legend
N/A

Average Annual Cost to Insure

Corvette
Corvette
What type of Coverage do Corvette Owners Choose?
Model Legend
$808

Average Annual Cost to Insure

Astro
Astro
What type of Coverage do Astro Owners Choose?
Model Legend
$424

Average Annual Cost to Insure

Avalanche
Avalanche
What type of Coverage do Avalanche Owners Choose?
Model Legend
$1,100

Average Annual Cost to Insure

Colorado
Colorado
What type of Coverage do Colorado Owners Choose?
Model Legend
$733

Average Annual Cost to Insure

K1500
Sorry, No Model Image
What type of Coverage do K1500 Owners Choose?
Sorry, We have no data for this model. Model Legend
N/A

Average Annual Cost to Insure

Caprice
Caprice
What type of Coverage do Caprice Owners Choose?
Model Legend
$430

Average Annual Cost to Insure

Express
Express
What type of Coverage do Express Owners Choose?
Model Legend
$535

Average Annual Cost to Insure

Traverse
Traverse
What type of Coverage do Traverse Owners Choose?
Model Legend
$513

Average Annual Cost to Insure

Tracker
Tracker
What type of Coverage do Tracker Owners Choose?
Model Legend
$828

Average Annual Cost to Insure

Prizm
Prizm
What type of Coverage do Prizm Owners Choose?
Model Legend
$1,139

Average Annual Cost to Insure

Uplander
Uplander
What type of Coverage do Uplander Owners Choose?
Model Legend
$725

Average Annual Cost to Insure

Sonic
Sonic
What type of Coverage do Sonic Owners Choose?
Sorry, We have no data for this model. Model Legend
N/A

Average Annual Cost to Insure

Metro
Metro
What type of Coverage do Metro Owners Choose?
Model Legend
$446

Average Annual Cost to Insure

Corsica
Corsica
What type of Coverage do Corsica Owners Choose?
Model Legend
$350

Average Annual Cost to Insure

C/K 1500 Series
Sorry, No Model Image
What type of Coverage do C/k 1500 Series Owners Choose?
Model Legend
$789

Average Annual Cost to Insure

C2500
Sorry, No Model Image
What type of Coverage do C2500 Owners Choose?
Sorry, We have no data for this model. Model Legend
N/A

Average Annual Cost to Insure

Classic
Classic
What type of Coverage do Classic Owners Choose?
Model Legend
$1,400

Average Annual Cost to Insure

G20
Sorry, No Model Image
What type of Coverage do G20 Owners Choose?
Sorry, We have no data for this model. Model Legend
N/A

Average Annual Cost to Insure

K2500
Sorry, No Model Image
What type of Coverage do K2500 Owners Choose?
Sorry, We have no data for this model. Model Legend
N/A

Average Annual Cost to Insure

C10
Sorry, No Model Image
What type of Coverage do C10 Owners Choose?
Sorry, We have no data for this model. Model Legend
N/A

Average Annual Cost to Insure

Celebrity
Sorry, No Model Image
What type of Coverage do Celebrity Owners Choose?
Model Legend
$150

Average Annual Cost to Insure

El Camino
El Camino
What type of Coverage do El Camino Owners Choose?
Sorry, We have no data for this model. Model Legend
N/A

Average Annual Cost to Insure

C/K 2500 Series
Sorry, No Model Image
What type of Coverage do C/k 2500 Series Owners Choose?
Model Legend
$643

Average Annual Cost to Insure

Beretta
Sorry, No Model Image
What type of Coverage do Beretta Owners Choose?
Sorry, We have no data for this model. Model Legend
N/A

Average Annual Cost to Insure

SPORTVAN
SPORTVAN
What type of Coverage do Sportvan Owners Choose?
Model Legend
$1,025

Average Annual Cost to Insure

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Innovation from the Beginning

When William C. Durant, the founder of General Motors, was ousted from his position for five years, he needed to find new ways to keep himself busy. He'd worked with a popular race car driver named Louis Chevrolet in the past, and he reconnected with him to develop a new line of vehicles to compete with Henry Ford's Model T. Chevrolet was officially founded on November 3, 1911. Its namesake only stayed with the company for a few short years. While he was still there, the first car - the Series C Classic Six - rolled off the line. The automaker continued to compete closely with Ford over the next several decades. Along the way, the company managed to produce some incredible innovations. Interestingly enough, Chevy once again became GM's youngest brand in 2011, after GM dropped HUMMER, Pontiac and Saturn from its lineup.

The Costs Associated with Insuring a Chevy

These cars are popular because the automaker has demonstrated that it is capable of producing reliable vehicles that are jam-packed with exceptional features. There are many benefits to owning a Chevy. They are very affordable. In terms of auto insurance, premiums for these vehicles average around $1,440 per year. When budgeting for car insurance, it is important to know the aspects that affect your specific model.

Customer Statistics

Top 5 Insurance Companies

Coverage Type

  • State Farm
    8%
  • Geico
    8%
  • Progressive
    7%
  • Allstate
    5%
  • Farmers
    2%

Male Vs. Female (percent)

Average Age (years)

52 Male
48 Female
41

Credit Score

Education

Important Factors

  • Price
    53%
  • Coverage options
    30%
  • Customer service
    11%
  • You don't care, you just need car insurance
    5%

Theft Drives up Costs

There are many different variables that determine the amount you will pay to insure your investment in a car or truck. High instances of auto theft can drive up the costs to insure, as they are considered an increased liability. Recently, The National Insurance Crime Bureau (NICB) reported that the Chevrolet Pickup was one of the most stolen vehicles of 2010. Additionally, Chevrolet models make up 21% of the top 100 vehicles stolen annually, according to the NICB. Notable "Hot Wheels" models prone to theft include the Cavalier, Caprice, Camaro and Blazer. While this automaker certainly isn't the worst offender on this list (Honda, we are looking at you), this higher-than-average rate of theft is something to keep in mind when it comes time to insure your automobile.

Safety Ratings are Important

Safety is another vital component of calculating insurance rates. A 5-star safety rating (the highest) from the National Highway Traffic Safety Administration is the coveted prize automakers long for to boost consumer confidence, and Chevy is no stranger to this distinction. The Volt model consistently receives a 5-star rating, along with the Sonic, Malibu and most recently the Camaro. To be considered a Top Safety Pick by the NHTSA, a vehicle must perform well in all aspects of a crash test, including front/side, rollover and seat/head restraint categories. Chevrolet performs remarkably well in the small cars category with the Cruze, Sonic and Volt Models. The Equinox SUV was also awarded this distinction.

MSRP and Blue Book Value Contribute to Insurance Costs

Another factor that contributes to the amount you will spend on insurance is the actual MSRP or market value of a particular model. If an expensive vehicle is involved in an accident or stolen, it will cost the insurance company more to reimburse the owner. Accordingly, the amount spent to protect higher value models is higher than less expensive counterparts. Since many Chevrolet models are moderately priced, the company ranks 24th out of a total of 36 automakers in terms of the price to insure. Of course, entry level models such as the Sonic or Spark will cost significantly less to protect than luxury performance offerings. Below are the most popular Chevy models and their average premiums:

  • Silverado 1500 (6 cyl) - $1,125
  • Cruze LS (4 cyl) - $1,267
  • Malibu LS (4 cyl) - $1,287
  • Camaro LS (6 cyl) - $1,370
  • Volt (Hybrid) - $1,602
  • Corvette (8 cyl) - $1,718

As you can see, sporty Chevy models like the Corvette are costlier to cover than more conservative options like the Cruze or sturdy workhorses like the Silverado. Maintaining a clean driving record will help to lower those auto insurance premiums. Another option is to invest in a fuel-efficient Chevy like the Volt. Although the Volt might be more expensive to protect, the savings in fuel economy will more than make up the difference.

The automaker has hit some major home runs through the years. Two of its most popular cars - the Impala and the Camaro - were discontinued and brought back due to popular demand. For nearly five decades, Chevy ruled the SUV market with the Chevy Blazer, although it wasn't consistently sold under that model name. In terms of enduring classics, the Corvette definitely deserves a mention here. To many, the Corvette is the sleekest, most stylish high-performance sports car on the market today. One of the company's most famous and enduring innovations, the small-block V-8 engine, is the longest-used mass-produced engine in the entire world.

That isn't the only thing that put Chevrolet on the map, however. The automaker earned a reputation for introducing exciting features that were typically only found on very expensive vehicles. Features like electronic stability control, fuel injection, safety glass and anti-lock brakes all appeared on affordable Chevy cars while they were normally reserved for much pricier cars. After being in business for more than a century, it's safe to say that the automaker isn't going anywhere. The popular automaker continues to develop exciting new innovations, and they make their debuts with every new model year.

Chevrolets For Sale

Are you looking to purchase a Chevrolet vehicle and want to know how much it will cost to insure before the big purchase? Start by browsing our comprehensive vehicle inventory.

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