Insurance costs an average of $2,856 per year, resulting in an annual insurance cost–to–base car price ratio of 5.2 percent for the vast majority of cars on the market, according to the Insurance Institute for Highway Safety. Depending on your driving record, the number of miles you travel in a year, and a variety of other factors, it is conceivable that your real cost will be more or lower than this.
- Chevrolet Corvette Information
- What about the Chevy Corvette insurance makes so prohibitively expensive?
- Chevrolet Corvette safety features that save you money
Chevrolet Corvette Information
Chevrolet Corvettes were launched in 1953 and are now in their seventh generation of manufacturing. They are marketed globally.
The high-end sports car is widely sought after because of its powerful engine and agile handling. In 2014, the Chevrolet Corvette was awarded North American Car of the Year, and it is still manufactured. The Insurance Institute for Highway Safety and the National Highway Traffic Safety Administration have not completed their evaluations of the 2021 model year’s safety ratings.
What about the Chevy Corvette insurance makes so prohibitively expensive?
The Chevrolet Corvette is more expensive to insure than other automobiles since it is a sports car with a strong engine intended for high speeds. Insurance companies regard this as a high-risk condition and consequently increase premiums. Additionally, there is no standardized Corvette safety rating that can be utilized to calculate insurance rates.
Chevrolet Corvette safety features that save you money
Depending on whether your Chevrolet Corvette is outfitted with the following safety features, you may be able to save money on your auto insurance premiums.
- Anti-lock brakes
- Stability control
- Seatbelt pretensioners
- Anti-theft system
For more car insurance rate review, check out our Jeep Gladiator Insurance Rates.