Updated September 27, 2021
Reading time: 4 minutes
Don McLean, Taylor Swift, and even Snoop Dogg have all sung about Chevy, perhaps because it’s as much a part of our culture as “whiskey and rye” and “American Pie.” And the critics have joined the chorus and awarded General Motors, Chevrolet ‘s parent company, the trophy for Top Automotive Corporation from J.D. Power in 2020.
Now that you have even more reasons to drive a Chevy, how will you insure your ride?
Most U.S. states require you to have a specific minimum level of liability insurance coverage for your vehicle. This insurance covers other drivers and passengers if you cause an accident that results in property damage or bodily injury.
In the U.S., the average yearly cost of car insurance is $1,968, or $164 per month, for liability coverage only and $3,876, or $323 per month, for full coverage. Companies utilize multiple variables to calculate your auto insurance premium, including your location, your driving history, the car model, and the coverages you pick.
See more: Free Car Insurance Quotes
See more: How Much is Car Insurance a Month?
And if you’re ready to get quotes so you can get back to the road and your favorite tunes, head over to Insurify to find the best car insurance premiums for your Chevy from the top providers in your area.
The average cost across the various Chevy models is $228 per month, or $2,741 per year. Of course, your pricing will differ based on your driving profile and whether you add extras like roadside assistance. But one thing that always holds true is that safe drivers pay the least. ( Disclaimer: The one exclusion is teenage drivers. Even with a spotless record, it still can be pretty expensive, but the safest teens pay less than their counterparts with less-than-perfect driving histories.)
If you’re buying full coverage, one way to lower the cost is to pick the highest deductibles you can afford for the comprehensive and collision portions of your car insurance policy. Check out the average monthly price for each model:
|Model||Average monthly cost|
The Chevy models mentioned below have received many awards for resale value, safety, and best-in-class accolades, among others. We analyzed our proprietary data after over 30 million car insurance quotes to provide you with the best rates across the five top-selling Chevrolet models:
The Chevy Silverado has topped the sales charts for years with no sign of slowing down. Notably, the Silverado is America’s #3 top-selling vehicle in 2021, according to Forbes. The Silverado is an excellent pickup vehicle for work, hauling a family camper, or just enjoying the open road.
With various trim packages and engine options, you can easily tailor the Silverado to your specific requirements. According to the data, Plymouth Rock rocks the competition, and Motion Auto and Travelers aren’t too far behind. Rounding out the top five are Progressive and Clearcover, which also deserve a quote. Take a glance at these competitive rates.
|Insurance Company||Average Monthly Car Insurance for a Chevrolet Silverado|
The Chevy Equinox is the “small SUV that’s larger than life.” The crossover gets fantastic gas mileage at 31 MPG on the highway and has plenty of room, with a surprising bit of cargo space. For the 2022 model, Chevy Safety Assist is standard, so you get extra features like forward collision alert and lane departure warning.
For insuring the Equinox, Amigo USA looks quite friendly, and there were 15 companies with a price under $150 per month. Of course, when the starting MSRP for the base model is $25,800, you’ll be looking for any way to save, and the car insurance companies below are ready to deliver.
|Insurance Company||Average Monthly Car Insurance Cost for a Chevrolet Equinox|
The midsize SUV seats up to eight and doesn’t slack on the cargo space that larger families need. In addition, its robust safety features helped it nab the 2021 Insurance Institute for Highway Safety (IIHS) Top Pick. The vehicle is always road trip, day trip, or any trip ready, and with options for all-wheel drive, the car lives up to its name.
When you’re ready to insure this bad boy, think about Mile Auto because they’re a mile above the rest. OK, maybe they just beat Clearcover by a dollar, but insuring a vehicle with a starting MSRP of $29,800 for less than $120 per month is impressive. Over 50 percent of the companies have averages under $200, which is most likely less than half the average car payment for a Traverse. So take a look at these insurers that are ready to protect your ride.
|Insurance company||Average Monthly Car Insurance Cost for a Chevrolet Traverse|
The Malibu is still amongst the most wanted Chevies, and it was the #4 top-selling vehicle for the make in 2019. Noticeably bigger than the Chevrolet Cruze, this midsize family sedan is spacious enough to give the passengers in the back seat all the legroom they need without sacrificing the ability to bring home a trunk full of groceries. In addition, beautiful colors like Dark Ash Metallic give the vehicle a bit of intrigue to go along with an efficient 29 MPG in the city and 36 MPG on the highway.
Insuring the Malibu is easy with the friendliest company around, Amigo USA. And 19 different companies offer prices below $200, so there are plenty of companies willing to protect your favorite Bu at an affordable price. Here is the list of insurance providers ready to compete.
|Insurance company||Average Monthly Car Insurance Cost for a Chevrolet Malibu|
The Colorado is ready for whatever you throw at it, every bit as rugged and outdoorsy as its namesake. This midsize truck is prepared to flex its muscles. Chevy says the truck’s “such a showoff,” and it deserves to gloat because it won the 2020 Best Buy Award from Kelley Blue Book.
But before you escape to your next adventure, what policy will you put on this horsepower-heavy workhorse? Well, you might say Clearcover is the clear winner, and Travelers and Plymouth Rock are within $10. And, when the sticker price starts at $25,200, it might surprise you to find 18 companies with insurance rates under $200. Many Colorado owners will find that price considerably less than their monthly payment.
|Insurance company||Average Monthly Car Insurance Cost for a Chevrolet Colorado|
Now that you’re ready to hop into your Chevy, make sure to turn to everyone’s favorite radio station, WIIFM “what’s in it for me?”
Glad you asked.
Just head over to Insurify to find the customized car insurance coverage you need at a price you can afford. And while you’re there, you can check out FAQs, reviews for top companies such as State Farm, GEICO, and Allstate, and information on bundling with home insurance or life insurance for additional savings.
With Insurify, get quotes for your Chevy almost faster than you can go from 0 to 60.
Data scientists at Insurify analyzed over 40 million auto insurance rates across the United States to compile the car insurance quotes, statistics, and data visualizations displayed on this page. The car insurance data includes coverage analysis and details on drivers' vehicles, driving records, and demographic information. With these insights, Insurify is able to offer drivers insight into how their car insurance premiums are priced by companies.
Courtney Roy is a financial and technology writer. He creates content that makes an actionable difference in the lives of his readers by helping them understand matters of personal finance. In addition to years of experience across multiple industries, Courtney has insurance licenses, a real estate license, and a degree in electrical engineering.Learn More