Chevrolet has been a mainstay in American automotive culture since 1911 and produces a wide variety of vehicles from the electric Bolt EV and EUV to the performance Corvette Stingray. The Chevrolet Silverado line of pickups has been one of the top three vehicles sold in the U.S. for years, competing with the Ford F-Series and Ram Truck lineup for the top spot.
But one question that a lot of car buyers ask is, “How much does Chevrolet insurance cost?”. Is car insurance on a Chevy vehicle cheaper than a Ford, Toyota, or Honda? More specifically, is insurance cost for a Chevy Cruze cheaper than a Honda Accord? Or will insurance be cheaper on a Chevy Colorado or Ford Ranger?
We break down average car insurance rates for all Chevy models to help answer these questions and to find out how cost compares to other nameplates. The table below shows average annual and monthly car insurance cost for the Chevrolet lineup.
|Model||Annual Cost||Monthly Cost|
|Chevrolet Captiva Sport||$1,202||$100|
|Chevrolet City Express||$1,166||$97|
|Chevrolet Silverado HD 2500||$1,752||$146|
|Chevrolet Silverado HD 3500||$1,644||$137|
The questions and answers below are some of the most common asked by car shoppers when considering buying a Chevy.
What is the average cost of Chevrolet insurance?
The average cost to insure a Chevy vehicle is $1,489 per year. Rates range from $1,166 per year for the City Express utility van up to $2,004 per year for the Chevy Camaro.
What is the average cost per month to insure a Chevy?
The average monthly insurance cost for car insurance on a Chevy vehicle is $124. This rate varies by model, with the Silverado pickup costing an average of $132 per month, the Colorado pickup costing $107 per month, the Corvette costing $162 per month, and the Suburban costing $137 per month.
Is Chevy insurance cheaper than Ford?
When comparing the two big American automotive brands, the average cost to insure a Ford is just a little cheaper than the cost to insure a Chevrolet. The average cost for Ford insurance is $1,445 per year, which is $44 per year cheaper than the average insurance cost for a Chevrolet vehicle of $1,489 per year.
Is Chevrolet insurance cheaper than Honda and Toyota?
The average cost for Honda insurance is $1,390 per year and the average cost for Toyota insurance is $1,453 per year, which makes Chevrolet insurance more expensive than both. The average cost to insure a Chevrolet vehicle is $99 per year cheaper than Honda insurance and $36 per year cheaper than Toyota.
What is the cheapest Chevrolet insurance?
When referring to the cheapest car insurance for specific Chevy models, the cheapest 2021 model year rates are on vehicles like the Blazer, Colorado, Trax, and Trailblazer. Those models have average car insurance costs of $1,282, $1,288, $1,342, and $1,346 per year, respectively.
But if finding the cheapest car insurance for your Chevy vehicle is your priority, then the answer is to get some free car insurance quotes for your specific make and model of Chevy. This will allow you to customize the coverages to meet your needs and give you accurate rates for comparison.