Chevrolet’s Corvette has been a popular sports car since its introduction in 1953.[?] 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.[?]
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.[?] 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 |
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 CompanyAverage Monthly Quote: Liability OnlyAverage Monthly Quote: Full CoverageUSAA $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 Disclaimer: Table data sourced from real-time quotes from Insurify's 500+ partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
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 CompanyAverage Monthly Quote: Liability OnlyAverage Monthly Quote: Full CoverageUSAA $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 Disclaimer: Table data sourced from real-time quotes from Insurify's 500+ partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
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 CompanyAverage Monthly Quote: Liability OnlyAverage Monthly Quote: Full CoverageUSAA $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 Disclaimer: Table data sourced from real-time quotes from Insurify's 500+ partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
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 CompanyAverage Monthly Quote: Liability OnlyAverage Monthly Quote: Full CoverageUSAA $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 Disclaimer: Table data sourced from real-time quotes from Insurify's 500+ partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
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 CompanyAverage Monthly Quote: Liability OnlyAverage Monthly Quote: Full CoverageUSAA $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 Disclaimer: Table data sourced from real-time quotes from Insurify's 500+ partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
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 CompanyAverage Monthly Quote: Liability OnlyAverage Monthly Quote: Full CoverageUSAA $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 Disclaimer: Table data sourced from real-time quotes from Insurify's 500+ partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
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 CompanyAverage Monthly Quote: Liability OnlyAverage Monthly Quote: Full CoverageUSAA $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 Disclaimer: Table data sourced from real-time quotes from Insurify's 500+ partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
The 2018 model year had a starting MSRP of $58,915. Here are the cheapest car insurance companies for the 2018 Chevy Corvette.
Insurance CompanyAverage Monthly Quote: Liability OnlyAverage Monthly Quote: Full CoverageUSAA $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 Disclaimer: Table data sourced from real-time quotes from Insurify's 500+ partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
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 CompanyAverage Monthly Quote: Liability OnlyAverage Monthly Quote: Full CoverageUSAA $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 Disclaimer: Table data sourced from real-time quotes from Insurify's 500+ partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
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 CompanyAverage Monthly Quote: Liability OnlyAverage Monthly Quote: Full CoverageUSAA $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 Disclaimer: Table data sourced from real-time quotes from Insurify's 500+ partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
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.
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.
Chevrolet Corvette car insurance FAQs
The following information can help answer your remaining questions about finding car insurance for your Chevy Corvette.
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.
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.
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.
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.[?]
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