Prachi Singh Written by Prachi Singh
Contributing Researcher

Prachi is an insurance writer with a master's degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.


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Insurance.com research suggests that the cost of insuring a Chevrolet Corvette is estimated to be around $3,118 annually or $260 monthly. It's important for drivers to consider these rates when assessing their insurance needs. These rates can increase based on your driving record, location, age, and other factors.

Auto insurance rates vary depending on the model year. For instance, average car insurance rates for a 2023 Chevrolet Corvette costs $3,118 per year, while its 2022 equivalent costs $2,474 per year.

Regardless of your chosen model year, you can find a competitive carrier that meets your needs and budget. Insurance.com conducted data analysis and discovered which cars offer the most affordable insurance rates based on model year and whether one specific model is cheaper to insure than others.

Read on to learn in detail about these cost-effective auto policies for Chevrolet Corvette.

Average insurance cost of Chevrolet Corvette by model year

Year of Chevrolet Corvette ModelAverage Cost to Insure
2023$3,118
2022$2,474
2021$2,268
2020$2,367
2019$2,588
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Compare Chevrolet Corvette insurance rates by state

L O A D I N G
CompanyStyleAverage annual premium
Allstate2 Door Convertible$3,981
Geico2 Door Convertible$2,375
Farmers2 Door Convertible$2,785
Nationwide2 Door Convertible$3,474
Progressive2 Door Convertible$3,630
State Farm2 Door Convertible$2,208
Allstate2 Door Coupe$3,981
Geico2 Door Coupe$2,222
Farmers2 Door Coupe$2,897
Nationwide2 Door Coupe$2,354
Progressive2 Door Coupe$3,861
State Farm2 Door Coupe$1,913

Chevrolet Corvette insurance rates per year

2023

2023 Chevrolet Corvette insurance rates

Average cost to insure $3,118
Annual cheapest rate $1,718
Available trims Grand Sport 1LT, Grand Sport 2LT, Grand Sport 3LT, Stingray 1LT, Stingray 2LT, Stingray 3LT, Stingray Z51 1LT, Stingray Z51 2LT, Stingray Z51 3LT, Z06 1LZ, Z06 2LZ, Z06 3LZ, ZR1 1ZR, ZR1 3ZR
RankCompanyAverage annual premium
1Nationwide$1,718
2State Farm$2,013
3Progressive$3,013
4Geico$3,091
5Farmers$3,910
6Allstate$4,960
2022

2022 Chevrolet Corvette insurance rates

Average cost to insure $2,474
Annual cheapest rate $1,510
Available trims Grand Sport 1LT, Grand Sport 2LT, Grand Sport 3LT, Stingray 1LT, Stingray 2LT, Stingray 3LT, Stingray Z51 1LT, Stingray Z51 2LT, Stingray Z51 3LT, Z06 1LZ, Z06 2LZ, Z06 3LZ, ZR1 1ZR, ZR1 3ZR
RankCompanyAverage annual premium
1Nationwide$1,510
2State Farm$1,856
3Geico$2,109
4Progressive$2,440
5Farmers$2,986
6Allstate$3,944
2021

2021 Chevrolet Corvette insurance rates

Average cost to insure $2,268
Annual cheapest rate $1,465
Available trims Grand Sport 1LT, Grand Sport 2LT, Grand Sport 3LT, Stingray 1LT, Stingray 2LT, Stingray 3LT, Stingray Z51 1LT, Stingray Z51 2LT, Stingray Z51 3LT, Z06 1LZ, Z06 2LZ, Z06 3LZ, ZR1 1ZR, ZR1 3ZR
RankCompanyAverage annual premium
1Nationwide$1,465
2State Farm$1,727
3Geico$1,835
4Progressive$1,845
5Farmers$3,016
6Allstate$3,721
2020

2020 Chevrolet Corvette insurance rates

Average cost to insure $2,367
Annual cheapest rate $1,647
Available trims Grand Sport 1LT, Grand Sport 2LT, Grand Sport 3LT, Stingray 1LT, Stingray 2LT, Stingray 3LT, Stingray Z51 1LT, Stingray Z51 2LT, Stingray Z51 3LT, Z06 1LZ, Z06 2LZ, Z06 3LZ, ZR1 1ZR, ZR1 3ZR
RankCompanyAverage annual premium
1Nationwide$1,647
2Geico$1,802
3State Farm$1,886
4Progressive$2,411
5Farmers$2,706
6Allstate$3,748
2019

2019 Chevrolet Corvette insurance rates

Average cost to insure $2,588
Annual cheapest rate $1,640
Available trims Grand Sport 1LT, Grand Sport 2LT, Grand Sport 3LT, Stingray 1LT, Stingray 2LT, Stingray 3LT, Stingray Z51 1LT, Stingray Z51 2LT, Stingray Z51 3LT, Z06 1LZ, Z06 2LZ, Z06 3LZ, ZR1 1ZR, ZR1 3ZR
RankCompanyAverage annual premium
1Nationwide$1,640
2Geico$1,898
3State Farm$2,101
4Progressive$3,022
5Farmers$3,068
6Allstate$3,798
2018

2018 Chevrolet Corvette insurance rates

Average cost to insure $2,366
Annual cheapest rate $1,591
Available trims Grand Sport 1LT, Grand Sport 2LT, Grand Sport 3LT, Stingray 1LT, Stingray 2LT, Stingray 3LT, Stingray Z51 1LT, Stingray Z51 2LT, Stingray Z51 3LT, Z06 1LZ, Z06 2LZ, Z06 3LZ, ZR1 1ZR, ZR1 3ZR
RankCompanyAverage annual premium
1Nationwide$1,591
2Geico$1,896
3State Farm$1,903
4Progressive$2,572
5Farmers$2,968
6Allstate$3,265
2017

2017 Chevrolet Corvette insurance rates

Average cost to insure $2,416
Annual cheapest rate $1,733
Available trims Grand Sport 1LT, Grand Sport 2LT, Grand Sport 3LT, Stingray 1LT, Stingray 2LT, Stingray 3LT, Stingray Z51 1LT, Stingray Z51 2LT, Stingray Z51 3LT, Z06 1LZ, Z06 2LZ, Z06 3LZ, ZR1 1ZR, ZR1 3ZR
RankCompanyAverage annual premium
1Nationwide$1,733
2State Farm$1,899
3Geico$1,911
4Progressive$2,703
5Farmers$2,839
6Allstate$3,410
2016

2016 Chevrolet Corvette insurance rates

Average cost to insure $2,360
Annual cheapest rate $1,603
Available trims Grand Sport 1LT, Grand Sport 2LT, Grand Sport 3LT, Stingray 1LT, Stingray 2LT, Stingray 3LT, Stingray Z51 1LT, Stingray Z51 2LT, Stingray Z51 3LT, Z06 1LZ, Z06 2LZ, Z06 3LZ, ZR1 1ZR, ZR1 3ZR
RankCompanyAverage annual premium
1Nationwide$1,603
2State Farm$1,817
3Geico$2,067
4Progressive$2,432
5Farmers$3,037
6Allstate$3,204

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