Chevrolet Car Insurance Cost for 2023

How much does Chevrolet insurance cost? We break down average rates for Chevy vehicles from the Avalanche to the Volt to find the models with the cheapest car insurance.

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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.

How much does Chevrolet insurance cost?

Average Chevrolet car insurance rates for 2023 models range from $1,370 a year for a Chevrolet Trailblazer up to $2,368 per year for the Chevrolet Camaro. The average cost per year when averaged for all Chevrolet models is $1,798.

The average car insurance rate for all vehicles in the U.S. is $1,728 per year, which means the cost to insure Chevrolet models averages $70 more per year.

The table below breaks out average cost of insurance for each Chevrolet model. Click any model link to view additional rate and comparison data. Models are shown for the 2013 to 2023 model years, and if a vehicle is no longer in production, the last production year is noted next to the model name.

Average Insurance Cost for Chevrolet Vehicles
Model Annual Cost Monthly Cost
Chevrolet Avalanche 2013 and prior model years$1,338$112
Chevrolet Blazer$1,836$153
Chevrolet Bolt$1,756$146
Chevrolet Camaro$2,368$197
Chevrolet Caprice 2016 and prior model years$1,488$124
Chevrolet Captiva Sport 2015 and prior model years$1,258$105
Chevrolet City Express 2018 and prior model years$1,290$108
Chevrolet Colorado$1,506$126
Chevrolet Corvette$2,234$186
Chevrolet Cruze 2019 and prior model years$1,670$139
Chevrolet Equinox$1,630$136
Chevrolet Express$1,556$130
Chevrolet Impala 2020 and prior model years$1,790$149
Chevrolet Malibu$1,764$147
Chevrolet Silverado$1,984$165
Chevrolet Silverado HD 2500$1,986$166
Chevrolet Silverado HD 3500$1,992$166
Chevrolet Sonic 2020 and prior model years$1,770$148
Chevrolet Spark 2022 and prior model years$1,490$124
Chevrolet SS 2017 and prior model years$1,510$126
Chevrolet Suburban$1,796$150
Chevrolet Tahoe$1,696$141
Chevrolet Trailblazer$1,370$114
Chevrolet Traverse$1,730$144
Chevrolet Trax$1,558$130
Chevrolet Volt 2019 and prior model years$1,680$140

Is Chevy insurance expensive?

When compared to four of its largest competitors, average annual Chevrolet car insurance rates are $28 cheaper per year than Ford, $206 cheaper than Ram, $32 cheaper than Toyota, and $23 more expensive than Nissan.

Additionally, average Chevy insurance costs $142 more than Honda per year, $160 more than Mazda, and $39 more than Kia.

Since GMC is essentially a premium Chevy with a logo swap, we don’t really consider Chevy and GMC to be competitors since sales pad the same GM accounts. But to complete the comparison, average Chevy rates are $82 cheaper than GMC annually.

The chart below shows how Chevrolet insurance rates compare to the brands mentioned above.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average car insurance rates include all Chevrolet, Ford, GMC, Honda, Kia, Mazda, Nissan, Ram, and Toyota vehicles for the 2023 model year. Rated driver is a 40-year-old married male with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on August 11, 2023
Chevrolet Car Insurance Cost vs. Top Competitors

The table below expands on the list above by including many more automotive brands, including luxury brands. This gives a good view at a glance at how average Chevrolet car insurance cost compares to other brands.

If the value in the difference column is green, the average insurance cost for that brand is cheaper than Chevy. If the value is red, the brand has more expensive overall car insurance rates than Chevy.

Chevrolet Car Insurance Cost vs. Popular Automotive Brands
Automotive Brand Insurance Cost Difference

Get Rates in Your AreaWhy is this important?

Table Data Details: Average car insurance cost for each automotive brand assumes a clean driving record and no at-fault accidents for a 40-year-old driver. Rates are averaged for all 2023 models for each manufacturer and for all U.S. states. The difference column indicates the cost difference between each brand and the average cost of Chevrolet insurance. Green indicates the brand is cheaper to insure on average than Chevrolet and red indicates the brand costs more to insure on average than Chevrolet.Data last updated on August 12, 2023
Chevrolet Car Insurance Cost vs. Popular Automotive Brands

As demonstrated by the large number of red values in the difference column, the average cost to insure a Chevy is cheaper than most other automakers.

If you have a clean driving record, decent credit, and few prior claims, finding cheap Chevrolet car insurance should not be difficult.

However, since these rates are averaged across all 2023 models, it’s better to compare rates for the specific model of vehicle you’re insuring.

The sections below detail which Chevy models are cheapest and most expensive to insure.

What is the cheapest Chevrolet insurance?

For 2023 models, the cheapest Chevrolet model to insure is the Chevrolet Trailblazer, which is a small SUV costing an average $1,370 per year, or around $114 per month. The Chevrolet Colorado comes in second at $1,506 per year.

The next three cheapest vehicles to insure are the Chevrolet Express, Chevrolet Trax, and Chevrolet Equinox. The average cost to insure all five models is shown in the list below.

Cheapest Chevrolet vehicles to insure for 2023

  1. Chevrolet Trailblazer – (small SUV) Average yearly rate of $1,370 or $114 per month
  2. Chevrolet Colorado – (midsize truck) Average yearly rate of $1,506 or $126 per month
  3. Chevrolet Express – (large van) Average yearly rate of $1,556 or $130 per month
  4. Chevrolet Trax – (small SUV) Average yearly rate of $1,558 or $130 per month
  5. Chevrolet Equinox – (small SUV) Average yearly rate of $1,630 or $136 per month

Which Chevrolet models have expensive insurance?

The most expensive Chevrolet model to insure for the 2023 model year is the Chevrolet Camaro sports car at $2,368 per year, or around $197 per month. The Chevrolet Corvette ranks second most expensive at $2,234 per year.

Average auto insurance rates for the top five most expensive Chevrolet models to insure are listed below.

Most expensive Chevrolet vehicles to insure for 2023

  1. Chevrolet Camaro – (sports car) Average yearly rate of $2,368 or $197 per month
  2. Chevrolet Corvette – (sports car) Average yearly rate of $2,234 or $186 per month
  3. Chevrolet Silverado HD 3500 – (heavy duty truck) Average yearly rate of $1,992 or $166 per month
  4. Chevrolet Silverado HD 2500 – (heavy duty truck) Average yearly rate of $1,986 or $166 per month
  5. Chevrolet Silverado – (large truck) Average yearly rate of $1,984 or $165 per month