Chevrolet Corvette Insurance Cost


Key Takeaways
blueCheck icon

GEICO offers the most affordable Chevrolet Corvette insurance, though full coverage costs vary widely by model year and company, averaging $180 monthly. Read more

blueCheck icon

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

blueCheck icon

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?

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$104$202

Looking for another Chevrolet model? Read more about the cost of Chevrolet car insurance models.

Chevrolet Corvette insurance costs $70 a month for older models and $383 for a 2025. Newer Corvettes cost more to insure because their higher market value increases the payouts insurers make in total-loss claims.

2000
$70
$135
2001
$80
$155
2002
$84
$161
2003
$89
$171
2004
$92
$178
2005
$93
$181
2006
$87
$169
2007
$87
$169
2008
$91
$176
2009
$89
$174
2010
$98
$190
2011
$100
$195
2012
$95
$184
2013
$96
$187
2014
$90
$174
2015
$94
$183
$100
$195
$93
$182
$99
$194
$119
$233
$104
$202
$112
$219
$117
$228
$159
$311
$155
$304
$196
$383

Corvette insurance costs vary sharply by insurer. Minimum coverage runs $71 a month with GEICO and $164 with Farmers. Full coverage spans $149 with Travelers to $343 with AIG.
That $93 gap on minimum coverage and $194 gap on full coverage make comparison shopping worth the time. Get quotes from at least three insurers before deciding.

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?

Among the 115 sports cars in MoneyGeek's analysis, the Corvette ranks 24th for affordability, cheaper to insure than a Toyota Supra, though the Mercedes SLC comes in slightly lower. That puts it in the affordable half of the sports car category, with 23 less expensive options.

Compared to all 827 vehicles MoneyGeek analyzed, though, the Corvette ranks 531st. The Mazda MX-5 Miata carries the lowest insurance costs among sports cars; the Rolls-Royce La Rose Noire carries the highest.

Fisker Karma$14421
Nissan 370Z$14522
Mercedes SLC$15123
Toyota 86$15123
Chevrolet Corvette$15324
Toyota Supra$15325
Lotus Exige$15526
Mclaren GT$15527

Several factors affect what you'll pay for Chevrolet Corvette insurance:

  • Average Repair or Replacement Costs: The Corvette is Chevrolet's most expensive model to maintain out of 38, averaging $1,387 in annual repair costs.
  • Vehicle Trim, Features and Accessories: Horsepower ranges from 490 to 670 across Corvette trims, which affects premiums. High-performance variants like the Z06 and ZR1 carry higher premiums given their power output and repair complexity.
  • Driver Profile: The typical Corvette owner is around 50 years old with a higher-than-average income, both of which push rates down. But the car's performance reputation is associated with riskier driving, which insurers price in. 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.

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

Corvette insurance costs vary by trim. Minimum coverage starts at $69 a month on the Hard Top 2d and reaches $580 a month for full coverage on the ZR1.

E-Ray$177$345
Stingray$113$221
Zr1 Coupe 2d$127$247
Zr1 Convertible 2d$199$389
Zr1$297$580
Hard Top 2d$69$132
Coupe 2d$86$166
Convertible 2d$87$168
Grand Sport Convertible 2d$91$177
Grand Sport Coupe 2d$92$180
Stingray Convertible 2d$101$197
Stingray Coupe 2d$102$198
Z06 Hard Top 2d$96$185
Z06 Coupe 2d$105$205
Z06 Convertible 2d$126$247
Z06$187$366
Stingray Z51 Coupe 2d$90$175
Stingray Z51 Convertible 2d$92$179
427 Convertible 2d$83$163

Chevrolet Corvette Insurance Cost by State

State makes a difference in Corvette insurance costs. Minimum coverage runs $42 a month in Wyoming and $204 in Louisiana, a $162 gap driven by each state's local risk profile and regulatory environment.

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

  1. 1
    Choose the right coverage

    Figure out how much coverage to buy for your Corvette. If you own the vehicle outright, your state's minimum liability plus comprehensive and collision with a $1,000 deductible keeps costs down. For more protection, 100/300/100 liability with a $500 deductible is a solid baseline. If you're financing or leasing, lenders typically require 100/300/100 limits, comprehensive and collision at a $500 deductible, and gap insurance.

  2. 2
    Research costs and cheap companies

    Check average auto insurance costs for sports cars before getting quotes so you can spot low rates from the cheapest car insurance companies versus inflated ones.

  3. 3
    Look for more than just low rates

    Car insurance price isn't everything. Check J.D. Power satisfaction ratings and AM Best financial stability scores, and review Better Business Bureau complaints before committing. A low-price insurer that's slow on claims costs you more when it matters.

  4. 4
    Explore discounts you qualify for

    Corvette owners often qualify for good driver, anti-theft, multi-vehicle and bundling discounts. Review your car insurance discount options to see what applies.

  5. 5
    Consider alternative car insurance types

    If you drive the Corvette seasonally or keep mileage low, usage-based insurance programs like Progressive Snapshot or Allstate Drivewise are worth a look. Both track driving behavior and can reduce your premium based on actual usage.

  6. 6
    Check rates every year

    Get car insurance quotes from multiple companies annually. Your insurer won't alert you when competitors lower their prices, and yearly comparisons can save up to 24% on Corvette 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. Compare quotes from at least three insurers to find the best rate for your trim and driver profile.

Chevrolet Corvette Insurance Rates: FAQ

What is the average cost of car insurance for a Chevrolet Corvette?

What company has the cheapest car insurance for a Chevrolet Corvette?

Are Chevrolet Corvettes expensive to insure?

What factors affect insurance costs for Chevrolet Corvettes?

How can I lower Chevrolet Corvette insurance costs?

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 headshot

Mark Fitzpatrick, a Licensed Property and Casualty (P&C) Insurance Producer in Connecticut, is MoneyGeek's resident insurance expert. He has analyzed the insurance market for almost a decade, first with LendingTree and now with MoneyGeek, conducting original research on hundreds of insurance companies and millions of insurance rates for insurance shoppers. 

He writes about economics and insurance on MoneyGeek, breaking down complex topics so people can have confidence in their purchase. Like all MoneyGeek analysts, Mark collects and analyzes independent cost and consumer experience data on insurance companies to provide objective recommendations in our content that are independent of any of MoneyGeek's insurance company partnerships. 

His insights on products ranging from car, home and renters insurance to health and life insurance have been featured in The Washington Post, The New York Times and NPR, among others. 

Mark holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He started his career working in financial risk management at State Street before transitioning to the analysis of the personal insurance market. He's also a five-time Jeopardy champion!