Compare Chevrolet Car Insurance Rates [2023]

Depending on where you live, auto insurance is required. And even if it isn’t required, insuring your Chevrolet will keep you protected financially.

Since auto insurance policies like liability, comprehensive, collision, and personal injury protection insurance (PIP), help you avoid paying accident-related expenses out of pocket, you can save big. When you think about it, paying $176 a month to insure your brand-new Corvette is better than paying thousands of dollars to repair or replace it after an accident. 

Here’s more on the types of car insurance coverage options for your Chevrolet.

Types of Chevrolet Car Insurance Coverage

Car insurance companies provide drivers with several different coverage options. In some states, liability, uninsured/underinsured motorist, personal injury protection, and medical payments coverage are required. On the other hand, collision and comprehensive are only required if you are leasing or financing your Chevy.

Liability Insurance

Liability car insurance is required by nearly all states and covers bodily injury and property damage expenses for other drivers and passengers involved in an accident you caused, up to a certain limit. 

For example, if the state’s liability requirement is 25/50/25, your liability insurance covers $25,000 bodily injury liability per person, $50,000 bodily injury liability per accident, and $25,000 property damage liability. If you choose, you can purchase above the state minimum to ensure the accident is covered in full. 

Collision Insurance

Collision car insurance pays for property damage after a collision with another vehicle or object, such as a telephone pole. States do not require drivers to purchase collision insurance, but your lender or dealership may require it if you have leased or financed your Chevrolet. 

If you purchase collision insurance, you must choose a deductible, which is a fee you pay to cover a small portion of your property damage expenses. Once it is paid, your insurance company covers the rest. For example, if you choose a $500 deductible, and an accident causes $2,000 worth of damage, your insurance company will only pay $1,500. Learn more about car insurance coverage and deductibles.

Comprehensive Insurance

Comprehensive car insurance pays for property damage from non-collision events, including theft, vandalism, extreme weather, fire, falling objects, and hitting an animal. Like collision insurance, lenders and dealerships may require drivers of leased and financed Chevrolets to purchase this coverage. 

Uninsured/Underinsured Motorist

Drivers with no insurance or limited coverage may not be able to cover their bodily injury or property damage expenses if they cause an accident. Uninsured/underinsured motorist insurance is required in certain states to cover bodily injury and/or property damage expenses for uninsured or underinsured at-fault drivers.  

Personal Injury Protection (PIP)

Personal injury protection, which is also known as no-fault insurance, covers drivers’ and passengers’ medical bills, funeral expenses, replacement services, and lost wages, regardless of who is at fault. PIP is only required in certain states with no-fault insurance laws.

Medical Payments Coverage (MedPay)

Medical payments coverage is an option in states that don’t offer PIP. It covers the cost of your and your passenger’s medical expenses, including ambulance fees, hospital bills, and surgery costs. 

Finding the Best Chevrolet Car Insurance Rates

Part of shopping for insurance is comparing rates and coverage options. You want to compare policies because vehicle age and safety features impact insurance rates. Other factors, such as gender, credit score, driving record, and location, also affect your rates. 

This table shows how Chevy car insurance rates vary across models based on driver age and driving history. Learn how to compare car insurance rates with a bad driving record.

Compare these quotes against the prices at multiple local companies to get the lowest Chevrolet car insurance rates.

How to Save Money on Chevrolet Car Insurance

Drivers have more control over the price of their car insurance than they may believe. Insurance companies use certain factors to calculate rates, including your vehicle make, driving record, credit score, and annual mileage, but drivers can influence each of these factors to get a better rate. 

Here’s how you can save money on car insurance for your Chevrolet. 

• Bundling with other insurance policies. Purchase an auto insurance policy as well as home or renters insurance from the same company to earn a discount. Here’s how to bundle policies for auto and home insurance.
• Increasing deductibles. If you take on a larger portion of the cost of repair or replacement, your insurance rates will be less. However, only consider this option if you can afford the out-of-pocket expense, or property damage expenses won’t be covered. Here’s how to find your car insurance deductible.
• Maintaining a good driving record. Keep a clean driving record by avoiding accidents and violations that negatively impact your rates. 
• Keeping a low annual mileage. The more a driver is behind the wheel, the more likely they are to be involved in an accident, so the less you drive, the less likely you are to file a claim. Here’s how to get a low-mileage discount.
• Improving your credit score. Drivers with lower credit scores are risky to insure because they are more likely to file a claim. Conversely, if you work to increase your score, insurers may consider you more of a safer driver.

It may take some time to see a change in your insurance premium, but you should see your rates drop over time. 

Drivers can also ask about car insurance discounts to reduce rates. Here are a few examples of the discounts available to Chevrolet owners:

• Auto pay: Save by setting up automatic withdrawals from your payment account.
• Paid in full: Save by paying your premium in one payment instead of monthly installments. 
• Paperless: Save by receiving your auto insurance documents online. 
• Good student: Save by insuring high school and college drivers with good grades. Learn how to find cheap car insurance for college students.
• Multi-line or multi-policy: Save by purchasing multiple policies for different insurance coverage, including home, auto, and renters insurance. 
• Multi-car: Save by insuring two or more vehicles on the same policy. 

Different companies will offer a variety of discounts, so shop with multiple insurers to find the one that saves the most money on Chevy car insurance.

The Bottom Line: Comparing Quotes Gets You the Best Chevrolet Car Insurance Rates

When shopping for Chevrolet auto insurance, the biggest mistake you can make is not comparing rates. Insurance companies use different rating systems when calculating rates, so you’ll never see two companies offering a driver the same price.

If you review more than one auto insurance company, you should be able to find Chevrolet car insurance rates that fit perfectly into your budget. Compare companies now with our free comparison tool below.