For a Chevrolet Corvette model year 2004, the average monthly insurance premium is $238, or $2,856 per year. Yearly Chevy Corvette insurance rates costs on average $2,856, resulting in a 5.2 percent annual insurance cost–to–base car price ratio for the vast majority of autos now on the market.
Because of a variety of circumstances, including your driving record, the number of miles you travel in a year, and other considerations, it is conceivable that your real cost will be more or lower than this.
- Information on the Chevrolet Corvette
- Why Is the Chevy Corvette insurance rates is extremely expensive?
- What are some Chevrolet Corvette safety features that save you money?
Information on the Chevrolet Corvette
After being first launched in 1953, Corvettes are currently in their seventh generation. They are available for purchase all around the world. Because of its strong engine and quick handling, the high-end sports vehicle is highly sought after by enthusiasts.
The Chevrolet Corvette was named North American Car of the Year in 2014 and is currently in production. In addition, the Insurance Institute for Highway Safety and the National Highway Traffic Safety Administration have yet to finish their analyses of the safety ratings for the 2021 model year vehicles.
Why Is the Chevy Corvette insurance rates is extremely expensive?
A sports car with a strong engine built to go at high speeds, the Chevrolet Corvette is more expensive to insure than other types of vehicles. Insurance companies consider this to be a high-risk condition, and therefore boost rates to reflect this.
Furthermore, there is no recognized Corvette safety rating that can be used to set insurance prices for the vehicle.
What are some Chevrolet Corvette safety features that save you money?
You may be able to save money on your vehicle insurance premiums if your Chevrolet Corvette is equipped with specific safety features.
- Anti-lock brakes
- Stability control
- Seatbelt pretensioners
- Anti-theft system
Check out our insurance rate reviews for the following Chevy vehicles.