3+ years writing about auto, home, and life insurance
7+ years in personal finance and technology
Amy specializes in insurance and technology writing and has a talent for transforming complex topics into easy-to-understand stories.
Featured in
Licensed auto and home insurance agent
4+ years in content creation and marketing
As Insurify’s home and pet insurance editor, Danny also specializes in auto insurance. His goal is to help consumers navigate the complex world of insurance buying.
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Updated November 7, 2024
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Table of contents
Chevrolet, an iconic brand with more than a century’s worth of history, has produced some of America’s most beloved vehicles. Insuring Chevy vehicles is often more affordable than insuring many other similar brands. While Chevrolet insurance costs an average of $102 monthly for liability coverage and $193 for full coverage, premiums can vary between models and model years.
If you’re a proud Chevy owner, you understand the importance of protecting your investment. Here’s what you should know about the best and most affordable insurance costs for different Chevy vehicles.
The family-friendly Chevy Trailblazer is the cheapest model to insure.
USAA, State Farm, and GEICO offer the lowest insurance premiums.
Car insurance quote comparison is the best way to save on your policy.
Cost of Chevrolet insurance by model
Factors such as a car’s model, safety ratings, repair costs, and the likelihood of theft can influence Chevrolet insurance quotes. As you’ll see in the table below, high-performance cars, like the Chevy Camaro, tend to have higher premiums than a more family-friendly car, like the Trailblazer or Equinox.
Chevrolet Model ▲▼ | Average Monthly Quote ▲▼ |
---|---|
Trailblazer | $123 |
Equinox | $132 |
Traverse | $132 |
Suburban | $134 |
Tahoe | $135 |
Colorado | $137 |
Spark | $143 |
Silverado | $143 |
Trax | $143 |
Sonic | $147 |
Impala | $151 |
Cruze | $159 |
Malibu | $164 |
Corvette | $176 |
Camaro | $197 |
Cheapest Chevrolet insurance by model
Car insurance can be challenging to navigate, especially when searching for the most cost-effective option. Understanding the average insurance cost by manufacturer model can give any Chevrolet owner a competitive edge. Here are the cheapest insurance options for some of the most popular Chevy models.
Chevrolet Silverado
The Chevrolet Silverado was the bestselling car in the United States in 2022.[1] For the 2024 model, the manufacturer’s suggested retail price (MSRP) ranges between $36,800 and $69,900, depending on trim choices, bed size, and customizations.
The Ford F-150 is about the same, with an MSRP of $36,570, while the GMC Sierra 1500 kicks off with an MSRP of around $37,700.[2]
Insurance Company ▲▼ | Average Monthly Quote ▲▼ |
---|---|
USAA | $66 |
State Farm | $74 |
GEICO | $76 |
Allstate | $90 |
American Family | $115 |
Progressive | $109 |
Liberty Mutual | $120 |
Travelers | $132 |
Farmers | $155 |
The General | $169 |
Chevrolet Equinox
The Chevrolet Equinox is a versatile compact SUV, with more than 52,000 sold in the first six months of 2023. But it faces fierce competition. Its MSRP ranges from $26,600 to $31,800, making the 2024 Equinox the most affordable option among its rivals. But it lacks the premium feel of some competitors.
For context, the Honda CR-V’s MSRP spans from $29,500 to $39,500, and the Toyota RAV4, which ranked as America’s No. 3 bestselling vehicle in 2022, has a starting price of $27,575.[1] [2]
Insurance Company ▲▼ | Average Monthly Quote ▲▼ |
---|---|
USAA | $59 |
State Farm | $66 |
GEICO | $68 |
Allstate | $81 |
American Family | $102 |
Progressive | $98 |
Liberty Mutual | $107 |
Travelers | $118 |
Farmers | $138 |
The General | $151 |
Chevrolet Traverse
The Chevrolet Traverse, a three-row midsize SUV, previously lagged behind rivals. However, its 2024 redesign offers more space and costs about $37,000. Competitors like the Honda Pilot, Toyota Highlander, and award-winning Kia Telluride also hover in the mid-to-high $30K bracket. But the Toyota Grand Highlander jumps ahead, with a starting MSRP of more than $43,000.[2]
Insurance Company ▲▼ | Average Monthly Quote ▲▼ |
---|---|
USAA | $59 |
State Farm | $66 |
GEICO | $68 |
Allstate | $81 |
American Family | $102 |
Progressive | $97 |
Liberty Mutual | $107 |
Travelers | $118 |
Farmers | $138 |
The General | $151 |
Chevrolet Corvette
The 2024 Chevrolet Corvette turns heads with its price tag. Its MSRP ranges from $68,300 for the 1LT Coupe and goes up to $117,100 for the Z06 Convertible. It costs a lot more than its rivals, even for the base model.
For instance, the Ford Mustang’s MSRP has an entry point of $30,920, while the 2023 Dodge Challenger starts at $30,545.[2]
Insurance Company ▲▼ | Average Monthly Quote ▲▼ |
---|---|
USAA | $87 |
State Farm | $96 |
GEICO | $99 |
Allstate | $118 |
American Family | $150 |
Progressive | $143 |
Liberty Mutual | $156 |
Travelers | $173 |
Farmers | $203 |
The General | $221 |
Chevrolet Camaro
An iconic American muscle car, the Chevrolet Camaro has a baseline MSRP of $30,900. This price point makes it the most budget-friendly among similar models. However, if you’re eyeing the top-tier ZL1 model, the MSRP more than doubles to $72,100.
For perspective, the luxury-driven BMW Z4 begins with an MSRP of $53,600, and the Toyota Supra’s starting price is $45,540.[2]
Insurance Company ▲▼ | Average Monthly Quote ▲▼ |
---|---|
USAA | $95 |
State Farm | $105 |
GEICO | $108 |
Allstate | $129 |
American Family | $163 |
Progressive | $156 |
Liberty Mutual | $171 |
Travelers | $189 |
Farmers | $222 |
The General | $241 |
Chevrolet Impala
The Chevrolet Impala is Chevy’s bestseller ever, with more than 13 million units sold. It’s no longer in production, but many used models are available from Chevy dealers and private parties, with prices from $7,800 for a 2017 model to $21,600 for a 2022 model.[3]
If you want a new Chevrolet vehicle similar to the Impala, consider a Malibu. It’s more fuel-efficient, with a smaller engine and a 2024 MSRP beginning at $25,100. The Toyota Crown is an option for a large sedan, with a baseline MSRP of $40,050.[2]
Insurance Company ▲▼ | Average Monthly Quote ▲▼ |
---|---|
USAA | $68 |
State Farm | $75 |
GEICO | $78 |
Allstate | $92 |
American Family | $117 |
Progressive | $112 |
Liberty Mutual | $122 |
Travelers | $135 |
Farmers | $159 |
The General | $173 |
Chevrolet Trailblazer
One of the most wallet-friendly SUVs out there, the Chevrolet Trailblazer pulls ahead of similar models with features like wireless Android Auto and Apple CarPlay. With a starting MSRP of $23,100 for 2024, it’s cheaper than its competitors, although higher trims can reach $28,395.
The Honda HR-V begins at $24,100, the Kia Seltos at $24,390, and the pricier Mazda CX-30 starts at $24,995.[2]
Insurance Company ▲▼ | Average Monthly Quote ▲▼ |
---|---|
USAA | $54 |
State Farm | $60 |
GEICO | $62 |
Allstate | $74 |
American Family | $94 |
Progressive | $90 |
Liberty Mutual | $98 |
Travelers | $108 |
Farmers | $127 |
The General | $139 |
Chevrolet Trax
After taking a break in 2023, the Chevy Trax makes a return, revamped and ready. This budget-friendly crossover SUV now sports a larger design, offering more room for passengers and cargo. The 2024 Trax begins with an MSRP of $20,400, and even its most premium version is only priced at $23,900.[2]
While it’s easier on the wallet than the Chevrolet Trailblazer, it goes toe-to-toe with competitors like the Hyundai Kona at $24,100, the Nissan Kicks at $22,125, and the Mazda CX-30 at $24,995.[2]
Insurance Company ▲▼ | Average Monthly Quote ▲▼ |
---|---|
USAA | $65 |
State Farm | $72 |
GEICO | $74 |
Allstate | $88 |
American Family | $112 |
Progressive | $107 |
Liberty Mutual | $117 |
Travelers | $129 |
Farmers | $152 |
The General | $166 |
Best companies for Chevrolet car insurance
No matter which Chevy model you drive, picking a reliable and affordable insurer makes all the difference. Your rates can depend on the car you choose, but factors like age, location, and driving history also play a role. However, USAA, State Farm, and GEICO consistently top the list of the most budget-friendly options for Chevrolet owners.
Best for military members: USAA
User Reviews | 4.9 |
---|---|
IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 9.4 /10 |
Liability Only Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages. | $46/mo |
Full Coverage Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible. | $100/mo |
Drivers appreciate the ease of working with the carrier, competitive rates, and responsive service but dislike the price increases and lack of rideshare add-ons in some areas.
Drivers appreciate the ease of working with the carrier, competitive rates, and responsive service but dislike the price increases and lack of rideshare add-ons in some areas.
Tom
November 7, 2024
A Large Company Managed Inefficiently
Martin
November 6, 2024
Sharing My Experience with You
Richard
November 5, 2024
Excellent
USAA exclusively serves current and former members of the military and their immediate families and is still the seventh-largest insurance company in the U.S. by market share. USAA offers banking, investing, and retirement services in addition to numerous insurance products, including auto, homeowners, renters, and more. Auto policyholders can qualify for discounts for bundling, insuring multiple vehicles, and living on a military base. AM Best gives USAA an A++ (Superior) financial strength rating, and the insurer ranked best in most regions in J.D. Power’s Overall Customer Satisfaction Index.
High customer satisfaction
Low premiums
SafePilot program rewards good driving with up to 30% discount
Only available to active-duty military, veterans, military spouses, or children of service members or veterans
No 24/7 customer phone support
Customer reviews are mixed for service and claims processing
Best for customer satisfaction: State Farm
User Reviews | 4.2 |
---|---|
IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 9.3 /10 |
Liability Only Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages. | $55/mo |
Full Coverage Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible. | $121/mo |
Drivers appreciate the helpful local agents and initial service but dislike the high prices and frequent rate increases.
Drivers appreciate the helpful local agents and initial service but dislike the high prices and frequent rate increases.
Bonnie
November 7, 2024
Solid Offering
Fred
November 7, 2024
Unfair Treatment by State Farm
Dianne
November 7, 2024
A Royal Rip-Off
State Farm is the largest U.S. auto insurer by market share and has operated for more than 100 years. Available in all 50 states, State Farm stands out for its customer service, extensive discounts, and optional coverages. The insurer ranked fifth for overall customer satisfaction in the 2023 J.D. Power U.S. Auto Claims Satisfaction Study. Safe drivers can enjoy many State Farm discounts, including ones for young motorists who complete an approved driver training course, for having a vehicle with certain safety equipment, and for going three years or longer without violations or at-fault accidents.
High rates of customer satisfaction
Rideshare insurance available
Savings for bundling auto with home, renters, condo, or life insurance
No gap insurance offering
May not be the cheapest choice for drivers with violations
Accident forgiveness limited to longtime customers with clean driving records
Best for drivers older than 25: GEICO
User Reviews | 4.0 |
---|---|
IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores. | 9.0 /10 |
Liability Only Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages. | $55/mo |
Full Coverage Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible. | $121/mo |
Drivers appreciate the excellent customer service and initial low prices but dislike the frequent price increases.
Drivers appreciate the excellent customer service and initial low prices but dislike the frequent price increases.
Elizabeth
November 7, 2024
Average Car Insurance
Robert
November 7, 2024
Geico Insurance
Samuel
November 6, 2024
Ripoff
GEICO, a subsidiary of the Berkshire Hathaway Group, is the third-largest U.S. insurer by market share. In addition to auto insurance, GEICO sells homeowners, renters, flood, travel, life, and business insurance, among other products. The insurer offers numerous car insurance discounts to help drivers save. For example, drivers who are accident-free for five years could earn 22% off premiums, and good students could earn 15% off. GEICO’s National Association of Insurance Commissioners complaint index score is below average, meaning it receives fewer consumer complaints than average.
Good rates for good drivers, seniors, and young drivers
Accident forgiveness available
A+ (Superior) financial strength rating from AM Best
High rates for drivers with certain violations, like DUIs
No rideshare or new car replacement coverage available
Lower customer satisfaction scores from J.D. Power
Chevrolet car insurance coverages
Knowing the types of coverage available is important when looking to insure your Chevrolet. This way, you can make sure you’re protected in various situations. Here’s a breakdown of some coverages you might consider:
Collision coverage
Collision coverage pays to repair or replace your Chevy if a crash causes damage. It can foot the bill if you hit another car or an object like a tree or lamppost, ensuring you’re not left covering all the repair expenses alone.
Comprehensive coverage
Beyond just accidents, you may face other risks, like theft, vandalism, and natural disasters. Comprehensive insurance steps in to cover these non-collision damages to your car, offering peace of mind for unexpected incidents.
Liability coverage
If you cause an accident and someone else gets hurt, or their property is damaged, liability coverage will help pay for those costs. It’s a great way to protect yourself from out-of-pocket expenses. Most states require drivers to carry liability insurance so victims aren’t left with a financial burden.
Personal injury protection (PIP) coverage
Personal injury protection (PIP) coverage pays for medical bills, lost wages, and related expenses if you’re hurt in an accident, no matter who’s at fault.
Uninsured/underinsured motorist coverage
Uninsured/underinsured motorist coverage will pay your medical bills and associated expenses if you get injured in an accident that an uninsured or underinsured driver causes.
Chevrolet car insurance FAQs
Purchasing auto insurance can sometimes feel tricky. Below are answers to some common questions to help clarify Chevrolet car insurance.
Who has the cheapest Chevrolet insurance?
USAA, State Farm, and GEICO often come out on top when looking for affordable Chevrolet insurance. These three consistently offer competitive rates for Chevy owners. However, rates can vary based on several factors, including age, driving record, and marital status. Take a day to get quotes and compare costs to find the best deal.
Are Chevrolets expensive to insure?
The cost of buying auto insurance protection for a Chevrolet can vary widely based on the model, your location, your driving history, and other factors. Generally, Chevrolet insurance prices align with similar brands, like Ford and Toyota. However, the Chevy Camaro and other specific high-performance models might cost more to insure.
How much does it cost to insure a Chevrolet Silverado?
Insurance for a Chevrolet Silverado varies by insurance company. USAA offers the lowest average monthly rate, at $66, closely followed by State Farm at $74 and GEICO at $76. Farmers is on the higher end, with premiums around $155, while The General is even more expensive, at $169 per month. As you can see, shopping around is an easy way to find the most affordable coverage.
What is the Chevrolet special coverage warranty plan?
The Chevrolet Protection Plan is additional protection for various auto services. It’s an extended warranty that lets you purchase a prepaid maintenance agreement, tire and wheel protection, and more. The coverage conditions can depend on the vehicle service contract. Check with a Chevrolet dealership or the plan administrator, Safe-Guard Products International, for specifics.
Methodology
Insurify data scientists analyzed more than 90 million quotes served to car insurance applicants in Insurify’s proprietary database to calculate the premium averages displayed on this page. These premiums are real quotes that come directly from Insurify’s 50+ partner insurance companies in all 50 states and Washington, D.C. Quote averages represent the median price for a quote across the given coverage level, driver subset, and geographic area.
Unless otherwise specified, quoted rates reflect the average cost for drivers between 20 and 70 years old with a clean driving record and average or better credit (a credit score of 600 or higher).
Liability-only premium averages correspond to policies with the following coverage limits:
- Bodily injury limits between state-minimum rates and $50,000 per person, $100,000 per accident
- Property damage limits between $10,000 and $50,000
- No additional coverage
- Comprehensive coverage with a $1,000 deductible
- Collision coverage with a $1,000 deductible
Quotes for Allstate, Farmers, GEICO, State Farm, and USAA are estimates based on Quadrant Information Services’ database of auto insurance rates.
Sources
- Edmunds. "Most Popular Cars in America."
- Kelley Blue Book. "Chevrolet Models."
- Auto Trader. "Chevrolet Impala."
Amy is a personal finance and technology writer. With a background in the legal field and a bachelor's degree from Ferris State University, she has a talent for transforming complex topics into content that’s easy to understand. Connect with Amy on LinkedIn.
Licensed auto and home insurance agent
4+ years in content creation and marketing
As Insurify’s home and pet insurance editor, Danny also specializes in auto insurance. His goal is to help consumers navigate the complex world of insurance buying.
Featured in