Chevrolet’s Corvette has been a popular sports car since its introduction in 1953.[1] The average cost of car insurance for Chevrolet Corvette drivers is $111 per month for liability insurance and $208 for full-coverage insurance.
The cost to insure a Corvette is cheaper than coverage for comparable vehicles, such as the Ford Mustang and Toyota Supra.
Here’s what you need to know about finding car insurance for your Chevy Corvette.
USAA, GEICO, and State Farm offer the most affordable car insurance for the Chevy Corvette, on average.
A 2025 Chevy Corvette has a starting MSRP of $68,300 for the entry-level model.[2]
Depending on the model year, Chevrolet Corvette insurance ranges from an average of $115 to $146 per month for liability-only coverage.
Cost of Chevrolet Corvette insurance by model year
Your model year will affect your car insurance premiums, in addition to other factors like your age, location, and driving record.[3] New vehicles typically have higher average insurance costs than older vehicle models.
For example, the 2016 Chevrolet Corvette has the lowest average car insurance rate, and the 2024 and 2025 Corvettes have the highest average premiums of the 10 vehicle models below. USAA, State Farm, and Allstate offer the cheapest average premiums for Corvettes.
Here are the average monthly quotes for Chevy Corvettes, broken down by model year.
Model Year | Average Monthly Quote: Liability Only | Average Monthly Quote: Full Coverage |
|---|---|---|
| 2025 | $146 | $267 |
| 2024 | $146 | $267 |
| 2023 | $143 | $262 |
| 2022 | $143 | $261 |
| 2021 | $136 | $248 |
| 2020 | $132 | $242 |
| 2019 | $127 | $232 |
| 2018 | $121 | $221 |
| 2017 | $120 | $219 |
| 2016 | $115 | $210 |
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2025 Chevrolet Corvette insurance
The 2025 Chevrolet Corvette has a manufacturer’s suggested retail price (MSRP) of $68,300 for the base model. It can go from zero to 60 in less than three seconds thanks to its maximum horsepower of 495.
Below, you’ll find the cheapest car insurers for the 2025 Corvette.
Insurance Company | Average Monthly Quote: Liability Only | Average Monthly Quote: Full Coverage |
|---|---|---|
| USAA | $72 | $134 |
| State Farm | $85 | $160 |
| Allstate | $93 | $179 |
| GEICO | $105 | $198 |
| American Family | $108 | $206 |
| Nationwide | $133 | $246 |
| Travelers | $140 | $259 |
| Progressive | $155 | $211 |
| Farmers | $166 | $312 |
| Liberty Mutual | $266 | $339 |
2024 Chevrolet Corvette insurance
The 2024 Chevy Corvette had an MSRP of $69,995 for the entry-level trim and $111,795 for the top-of-the-line Z06. Below, you can compare average insurance quotes for the 2024 Corvette from different car insurance companies.
Insurance Company | Average Monthly Quote: Liability Only | Average Monthly Quote: Full Coverage |
|---|---|---|
| USAA | $72 | $134 |
| State Farm | $85 | $160 |
| Allstate | $93 | $179 |
| GEICO | $105 | $198 |
| American Family | $108 | $206 |
| Nationwide | $133 | $246 |
| Travelers | $140 | $259 |
| Progressive | $155 | $211 |
| Farmers | $166 | $312 |
| Liberty Mutual | $266 | $339 |
2023 Chevrolet Corvette insurance
The 2023 Chevrolet Corvette had a starting price of $65,895. Here’s a look at average car insurance rates for the 2023 Corvette by auto insurance company.
Insurance Company | Average Monthly Quote: Liability Only | Average Monthly Quote: Full Coverage |
|---|---|---|
| USAA | $70 | $131 |
| State Farm | $83 | $157 |
| Allstate | $92 | $176 |
| GEICO | $103 | $194 |
| American Family | $106 | $202 |
| Nationwide | $130 | $241 |
| Travelers | $137 | $254 |
| Progressive | $152 | $207 |
| Farmers | $163 | $307 |
| Liberty Mutual | $260 | $333 |
2022 Chevrolet Corvette insurance
Chevrolet’s 2022 Corvette model has an original MSRP ranging from $62,295 to $69,795. The table below highlights average car insurance costs for the Corvette by insurance company.
Insurance Company | Average Monthly Quote: Liability Only | Average Monthly Quote: Full Coverage |
|---|---|---|
| USAA | $70 | $131 |
| State Farm | $83 | $157 |
| Allstate | $92 | $175 |
| GEICO | $103 | $193 |
| American Family | $106 | $201 |
| Nationwide | $130 | $240 |
| Travelers | $137 | $253 |
| Progressive | $152 | $206 |
| Farmers | $163 | $305 |
| Liberty Mutual | $260 | $331 |
2021 Chevrolet Corvette insurance
The 2021 model year had a starting MSRP of $60,995. Here’s an overview of the cheapest auto insurance companies for the 2021 Corvette.
Insurance Company | Average Monthly Quote: Liability Only | Average Monthly Quote: Full Coverage |
|---|---|---|
| USAA | $67 | $124 |
| State Farm | $79 | $149 |
| Allstate | $87 | $166 |
| GEICO | $98 | $184 |
| American Family | $101 | $191 |
| Nationwide | $124 | $228 |
| Travelers | $131 | $241 |
| Progressive | $144 | $196 |
| Farmers | $155 | $290 |
| Liberty Mutual | $248 | $315 |
2020 Chevrolet Corvette insurance
Chevrolet’s 2020 Corvette had an MSRP of $61,145 for the base model and $68,645 for the highest model. Below, you’ll find affordable car insurance quotes for the 2020 Corvette from various insurers.
Insurance Company | Average Monthly Quote: Liability Only | Average Monthly Quote: Full Coverage |
|---|---|---|
| USAA | $65 | $121 |
| State Farm | $77 | $145 |
| Allstate | $84 | $162 |
| American Family | $98 | $186 |
| GEICO | $95 | $179 |
| Nationwide | $120 | $223 |
| Travelers | $127 | $235 |
| Progressive | $140 | $191 |
| Farmers | $150 | $283 |
| Liberty Mutual | $240 | $307 |
2019 Chevrolet Corvette insurance
The 2019 Chevrolet Corvette had an original MSRP ranging from $59,320 for the entry-level model to $128,220 for the most expensive model. Here are the cheapest car insurance rates for the 2019 Corvette.
Insurance Company | Average Monthly Quote: Liability Only | Average Monthly Quote: Full Coverage |
|---|---|---|
| USAA | $62 | $116 |
| State Farm | $74 | $139 |
| Allstate | $81 | $155 |
| GEICO | $91 | $172 |
| American Family | $94 | $179 |
| Nationwide | $116 | $213 |
| Travelers | $122 | $225 |
| Progressive | $135 | $183 |
| Farmers | $145 | $271 |
| Liberty Mutual | $231 | $295 |
2018 Chevrolet Corvette insurance
The 2018 model year had a starting MSRP of $58,915. Here are the cheapest car insurance companies for the 2018 Chevy Corvette.
Insurance Company | Average Monthly Quote: Liability Only | Average Monthly Quote: Full Coverage |
|---|---|---|
| USAA | $59 | $111 |
| State Farm | $70 | $133 |
| Allstate | $77 | $148 |
| GEICO | $87 | $164 |
| American Family | $90 | $170 |
| Nationwide | $110 | $203 |
| Travelers | $116 | $214 |
| Progressive | $128 | $175 |
| Farmers | $138 | $259 |
| Liberty Mutual | $220 | $281 |
2017 Chevrolet Corvette insurance
The starting MSRP for the 2017 Corvette was $58,270. The table below shows average car insurance quotes for a 2017 Corvette from several insurers.
Insurance Company | Average Monthly Quote: Liability Only | Average Monthly Quote: Full Coverage |
|---|---|---|
| USAA | $59 | $110 |
| State Farm | $70 | $131 |
| Allstate | $77 | $147 |
| GEICO | $86 | $162 |
| American Family | $89 | $169 |
| Nationwide | $109 | $201 |
| Travelers | $115 | $212 |
| Progressive | $127 | $173 |
| Farmers | $137 | $256 |
| Liberty Mutual | $218 | $278 |
2016 Chevrolet Corvette insurance
The 2016 Chevy Corvette had a starting MSRP ranging between $58,220 and $87,520. Below, you can see which auto insurance companies offer the lowest rates for the 2016 model year.
Insurance Company | Average Monthly Quote: Liability Only | Average Monthly Quote: Full Coverage |
|---|---|---|
| USAA | $56 | $105 |
| State Farm | $67 | $126 |
| Allstate | $74 | $141 |
| GEICO | $83 | $155 |
| American Family | $85 | $162 |
| Nationwide | $105 | $193 |
| Travelers | $110 | $204 |
| Progressive | $122 | $166 |
| Farmers | $131 | $246 |
| Liberty Mutual | $209 | $267 |
Average cost of Chevrolet insurance by state
Your state, city, and ZIP code can affect your car insurance premium. Car insurance companies consider the climate, crime rates, and accident rates in your area when determining your premium.
Here’s a look at the average Chevrolet insurance costs by state. Alaska and Hawaii are not included due to lack of data.
Full-Coverage Rates by State
State | Average Monthly Quote |
|---|---|
| Alabama | $134 |
| Arizona | $163 |
| Arkansas | $240 |
| California | $226 |
| Colorado | $206 |
| Connecticut | $314 |
| Delaware | $231 |
| Florida | $216 |
| Georgia | $234 |
| Idaho | $117 |
| Illinois | $159 |
| Indiana | $135 |
| Iowa | $114 |
| Kansas | $155 |
| Kentucky | $203 |
| Louisiana | $208 |
| Maine | $141 |
| Massachusetts | $167 |
| Maryland | $318 |
| Michigan | $260 |
| Minnesota | $183 |
| Mississippi | $195 |
| Missouri | $181 |
| Montana | $156 |
| Nebraska | $164 |
| Nevada | $263 |
| New Hampshire | $106 |
| New Jersey | $167 |
| New Mexico | $149 |
| New York | $442 |
| North Carolina | $88 |
| North Dakota | $129 |
| Ohio | $121 |
| Oklahoma | $167 |
| Oregon | $151 |
| Pennsylvania | $162 |
| Rhode Island | $138 |
| South Carolina | $253 |
| South Dakota | $121 |
| Tennessee | $140 |
| Texas | $221 |
| Utah | $172 |
| Vermont | $142 |
| Virginia | $180 |
| Washington | $150 |
| District of Columbia | $323 |
| West Virginia | $147 |
| Wisconsin | $124 |
| Wyoming | $112 |
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How to ensure you have enough coverage on your Chevrolet Corvette
Every U.S. state except New Hampshire requires drivers to purchase a minimum level of auto insurance. But you can also add optional coverages or a full-coverage policy for more protection.
Here are the most common car insurance coverages you should consider for your Corvette.
Liability coverage
You must buy liability insurance to drive legally. It covers the other driver’s property damage and injuries following an at-fault accident.
Collision coverage
Collision insurance helps pay for vehicle damages after an accident, regardless of fault.
Comprehensive coverage
Comprehensive insurance reimburses you for car repairs from non-collision incidents, such as theft, vandalism, and fires.[4]
Rental car reimbursement coverage
Rental car reimbursement covers the cost of a rental car so you can get around while your car is in the repair shop after a covered claim.
Gap coverage
If you total a financed or leased vehicle, a gap insurance policy can cover the difference between what insurance pays for and what you owe your lender.
Chevrolet Corvette car insurance FAQs
The following information can help answer your remaining questions about finding car insurance for your Chevy Corvette.
Which company has the cheapest Chevrolet Corvette insurance?

USAA offers the most affordable car insurance rates for the Corvette, with average premiums of $51 per month for liability insurance and $106 per month for full-coverage insurance. But USAA only insures drivers in the military community. You can also find affordable coverage with State Farm, Allstate, and GEICO.
Are Chevrolet Corvettes expensive to insure?

Car insurance premiums for the Corvette are less expensive than similar sports cars like the Ford Mustang and Toyota Supra. But your exact rates will depend on your driving history, vehicle model year, location, and more.
How much does it cost to insure a Chevrolet Corvette?

Whether you buy or lease a Chevy Corvette, the average monthly cost of car insurance is $111 for liability insurance and $208 for full-coverage insurance. Factors like your age, location, driving record, and gender will affect your car insurance premiums.
Are Corvettes hard vehicles to maintain?

Corvettes require routine maintenance that allows them to run smoothly and reduces the risk of repairs, which is typical for other sports and vehicles. Average repair costs for a Chevy Corvette are $737 per year, according to RepairPal.[5]
Sources
- National Corvette Museum. "About Corvette."
- Chevrolet. "2025 Corvette Stingray."
- Insurance Information Institute. "What determines the price of an auto insurance policy?."
- Insurance Information Institute. "What is covered by a basic auto insurance policy?."
- RepairPal. "Chevrolet Corvette Repair & Maintenance Costs."
Methodology
Insurify data scientists analyzed more than 250 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 500+ 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.
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