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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Leslie Kasperowicz
Reviewed by Leslie Kasperowicz
Executive Editor

Leslie Kasperowicz is an insurance expert with four years of direct agency experience and over a decade of creating educational content to help insurance shoppers make confident, informed decisions.

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.


Leslie Kasperowicz Reviewed by Leslie Kasperowicz
Executive Editor

Leslie Kasperowicz is an insurance expert with four years of direct agency experience and over a decade of creating educational content to help insurance shoppers make confident, informed decisions.


Why you can trust Insurance.com

Car insurance rates vary depending on the make, model and trim level of your vehicle. According to our data analysis, the average cost to insure a Chevrolet Corvette is $3,442 per year or $287 per month. However, your actual rate may be higher or lower depending on things like where you live, your age, your driving record and other personal factors.

The auto insurance rates also change based on the vehicle's model year. For example, the 2024 Chevrolet Corvette costs $3,442, whereas the 2023 Chevrolet Corvette costs $3,347 annually. This is $95 less than the 2024 rates.

Nationwide offers the cheapest annual rate for 2024 Chevrolet Corvette at $1,769 per year.

Below, we'll look at Chevrolet Corvette insurance rates and show you how to save.

Average insurance cost of Chevrolet Corvette by model year

Year of Chevrolet Corvette modelAverage cost to insure
2024$3,443
2023$3,347
2022$3,174
2021$3,010
2020$2,855
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Compare Corvette insurance rates by state

L O A D I N G
CompanyStyleAverage annual premium
Nationwide2WD 2 Door Convertible$1,990
Nationwide2WD 2 Door Coupe$2,039
State Farm2WD 2 Door Coupe$2,582
State Farm2WD 2 Door Convertible$2,822
GEICO2WD 2 Door Coupe$2,916
GEICO2WD 2 Door Convertible$2,967
Progressive2WD 2 Door Convertible$3,179
Progressive2WD 2 Door Coupe$3,340
Allstate2WD 2 Door Convertible$5,599
Allstate2WD 2 Door Coupe$5,599

Chevrolet Corvette insurance rates per year

2024

2024 Chevrolet Corvette insurance rates

Average cost to insure $3,443
Annual cheapest rate $1,769
Available trims Stingray 1LT, Stingray 2LT, Stingray 3LT
RankCompanyAverage annual premium
1Nationwide$1,769
2State Farm$2,923
3GEICO$3,205
4Progressive$3,406
5Farmers$4,325
6Allstate$5,027
2023

2023 Chevrolet Corvette insurance rates

Average cost to insure $3,347
Annual cheapest rate $1,957
Available trims Stingray 1LT, Stingray 2LT, Stingray 3LT
RankCompanyAverage annual premium
1Nationwide$1,957
2State Farm$2,547
3GEICO$3,202
4Progressive$3,277
5Farmers$4,246
6Allstate$4,855
2022

2022 Chevrolet Corvette insurance rates

Average cost to insure $3,174
Annual cheapest rate $1,971
Available trims Stingray 1LT, Stingray 2LT, Stingray 3LT
RankCompanyAverage annual premium
1Nationwide$1,971
2State Farm$2,251
3GEICO$2,911
4Progressive$3,220
5Farmers$4,131
6Allstate$4,561
2021

2021 Chevrolet Corvette insurance rates

Average cost to insure $3,010
Annual cheapest rate $1,971
Available trims Stingray 1LT, Stingray 2LT, Stingray 3LT
RankCompanyAverage annual premium
1Nationwide$1,971
2State Farm$2,312
3GEICO$2,501
4Progressive$3,093
5Farmers$3,957
6Allstate$4,223
2020

2020 Chevrolet Corvette insurance rates

Average cost to insure $2,855
Annual cheapest rate $1,973
Available trims Stingray 1LT, Stingray 2LT, Stingray 3LT
RankCompanyAverage annual premium
1Nationwide$1,973
2State Farm$2,092
3GEICO$2,639
4Progressive$2,958
5Farmers$3,642
6Allstate$3,824
2019

2019 Chevrolet Corvette insurance rates

Average cost to insure $2,782
Annual cheapest rate $2,022
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
RankCompanyAverage annual premium
1Nationwide$2,022
2State Farm$2,134
3GEICO$2,582
4Progressive$2,826
5Allstate$3,434
6Farmers$3,692
2018

2018 Chevrolet Corvette insurance rates

Average cost to insure $2,708
Annual cheapest rate $1,985
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
RankCompanyAverage annual premium
1Nationwide$1,985
2State Farm$2,203
3GEICO$2,472
4Progressive$2,716
5Allstate$3,371
6Farmers$3,498
2017

2017 Chevrolet Corvette insurance rates

Average cost to insure $2,539
Annual cheapest rate $1,600
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
RankCompanyAverage annual premium
1Nationwide$1,600
2State Farm$1,873
3GEICO$2,386
4Progressive$2,553
5Farmers$3,367
6Allstate$3,453

Methodology

Data was fielded by Quadrant Information Services across all 50 states and Washington, D.C. for 1,161 vehicle models. More than 67 million data points from 57 insurance companies were analyzed.

Unless otherwise indicated, averages are based on our full coverage data set. This data set is based on:

  • Bodily injury liability of $100,000 per person and $300,000 per incident
  • Property damage liability of $100,000 per incident
  • Comprehensive and collision deductibles of $500
  • 40-year-old driver
  • Honda Accord LX
  • Good credit
  • A clean driving record
  • 12-mile commute, 10,000 annual mileage
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