Chevrolet insurance rates

Average insurance cost for a Chevrolet

The average insurance cost for a Chevrolet ranges from $241 to $314 a month depending on the model Chevrolet you choose. Other factors that will affect your premium include the estimated kilometres your drive in a year, your driving history and your location, among others.

Chevrolet car models

Find the average insurance cost and base cost of your Chevrolet in our detailed guides to insuring specific Chevrolet models.

Chevrolet Cruze

Chevrolet Malibu

Chevrolet car insurance rates by model

• How we got these rates

  To determine these estimated costs, we aggregated quotes from insurance companies using this profile:

  • Single, 35 year old female
  • Latest model vehicle
  • 20,000 km driven yearly
  • Perfect driving record
  • Equipped with winter tires
  • Driver located in Etobicoke, Ontario

  Our estimated price is for full insurance coverage, which usually includes mandatory liability coverage, comprehensive and collision coverage.

  Other factors that can affect your auto insurance rate

  • The model year
  • The vehicle’s trim
  • The amount of coverage you need
  • The estimated kilometres you drive in a year
  • The vehicle’s safety and anti-theft features
  • The driver’s credit score
  • The driver’s location
  • The driver’s age
  • The driver’s driving history in the past several years
  • The driver’s marital status
  • Your (or the driver’s) gender
  • Whether the driver rents, leases or owns the vehicle

How a vehicle from Chevrolet affects the cost of car insurance

You’ll find that the cost to insure a Chevrolet is on par with other comparable car makes. However, the brand’s dependability helps to bring that price down. Chevy’s cars, trucks and SUVs consistently win J.D. Power Dependability awards over the years.

Are there any standout models?

Chevrolet’s 2019 Corvette ZR1 is the fastest, most powerful production Corvette Chevy has ever built. This supercar has a top track speed of 212 mph and can reach 60 mph in 2.85 seconds. With a hand-assembled 6.2L LT5 supercharged small block V8 engine and technology from the Corvette Racing program, its sure to delight racing enthusiasts.

Pros and cons of insuring a Chevrolet

About the Chevrolet brand

Race car driver Louis Chevrolet and GM founder Billy Durant co-founded Chevrolet in 1911 as a division of General Motors. Not long after, Chevrolet had the best selling car in the United States and overtook its competitor, Ford, in 1929. Chevrolet quickly became a part of the American culture, with Dinah Shore beginning the tradition of concluding her show by singing “See the USA in Your Chevrolet” in 1956, and the Beach Boys recording their hit song “4-0-9” as an ode to the Chevy 409 cubic inch V-8 in 1962.

In 1967 Chevy debuted the Camaro in response to Ford’s Mustang. And in 1970, on of the greatest muscle cars ever was born — the 450-hp Chevelle SS 454. Not to overlook one of the greatest American-built sports cars, in 1992 the millionth Corvette was built. Chevy has outlived hundreds of of its competitor automotive brands which existed at the time of Chevrolet’s’s founding.

What is Chevrolet MyLink?

Chevy’s infotainment system, MyLink, allows drivers to integrate their smartphone so they can control their apps through the car’s built-in touch-screen display. But unlike some infotainment systems, drivers can download apps directly onto their Chevrolet MyLink instead of their phone.

Chevrolet car facts

• Chevrolet designed the first mass-produced sports car, the Corvette, in 1953. Since then, over 1.3 million Corvettes have been produced.
• Depending on the cost of your Chevrolet you might want more than just liability coverage.
• Chevrolet is the only brand that was awarded the J.D. Power Dependability Award for cars, trucks, and SUVs for three years in a row.
• Base prices start at $10,398 and can exceed $60,000.

Bottom line

With Chevy’s great dependability record, these cars are relatively affordable to insure. But be sure to shop around to find the best car insurance for you.

Frequently asked questions

• Are Chevrolets manufactured in Canada?

  Many Chevys are built in Canada, but some are also produced in Mexico and the US.

• Are Chevys reliable?

  Yes. Chevrolet cars, trucks and SUVs have consistently won J.D. Power Dependability awards for many years.

• What car-related factors affect the cost of insurance?

  Among other factors, a car’s safety record, the cost to repair and maintain the car and the car’s likelihood of being stolen can all affect the cost of car insurance.

• How can I finance a Chevy?

  You can finance a Chevrolet by taking out a car loan from a bank, credit union or online lender. Getting preapproved with a few different lenders can help you find the best deal available to you. Alternatively, you can also finance directly through an authorized Chevy dealership, which is typically the fastest way to go, but may not get you the best rates.

Written by

Roslyn McKenna

Publisher

Roslyn McKenna Ayers is insurance manager at ValuePenguin and a former publisher at Finder, specializing in home and auto coverage. Her expertise and analysis has been featured on Bankrate, MSN and Reader's Digest. She holds a BA in writing and communications from Maryville College. See full bio