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 $1,334 a year for a Chevrolet Trailblazer up to $2,310 per year for the Chevrolet Camaro. The average cost per year when averaged for all Chevrolet models is $1,751.
The average car insurance rate for all vehicles in the U.S. is $1,685 per year, which means the cost to insure Chevrolet models averages $66 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.
|Model||Annual Cost||Monthly Cost|
|Chevrolet Avalanche 2013 and prior model years||$1,302||$109|
|Chevrolet Caprice 2016 and prior model years||$1,448||$121|
|Chevrolet Captiva Sport 2015 and prior model years||$1,226||$102|
|Chevrolet City Express 2018 and prior model years||$1,256||$105|
|Chevrolet Cruze 2019 and prior model years||$1,624||$135|
|Chevrolet Impala 2020 and prior model years||$1,740||$145|
|Chevrolet Silverado HD 2500||$1,936||$161|
|Chevrolet Silverado HD 3500||$1,940||$162|
|Chevrolet Sonic 2020 and prior model years||$1,724||$144|
|Chevrolet Spark 2022 and prior model years||$1,446||$121|
|Chevrolet SS 2017 and prior model years||$1,472||$123|
|Chevrolet Volt 2019 and prior model years||$1,634||$136|
Is Chevy insurance expensive?
When compared to four of its largest competitors, average annual Chevrolet car insurance rates are $27 cheaper per year than Ford, $199 cheaper than Ram, $32 cheaper than Toyota, and $22 more expensive than Nissan.
Additionally, average Chevy insurance costs $139 more than Honda per year, $155 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 $80 cheaper than GMC annually.
The chart below shows how Chevrolet insurance rates compare to the brands mentioned above.
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.
|Automotive Brand||Insurance Cost||Difference|
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 $1,334 per year, or around $111 per month. The Chevrolet Colorado comes in second at $1,470 per year.
The next three cheapest vehicles to insure are the Chevrolet Trax, Chevrolet Express, and Chevrolet Equinox. The average cost to insure all five models is shown in the list below.
Cheapest Chevrolet vehicles to insure for 2023
- Chevrolet Trailblazer – (small SUV) Average yearly rate of $1,334 or $111 per month
- Chevrolet Colorado – (midsize truck) Average yearly rate of $1,470 or $123 per month
- Chevrolet Trax – (small SUV) Average yearly rate of $1,514 or $126 per month
- Chevrolet Express – (large van) Average yearly rate of $1,516 or $126 per month
- Chevrolet Equinox – (small SUV) Average yearly rate of $1,588 or $132 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 $2,310 per year, or around $193 per month. The Chevrolet Corvette ranks second most expensive at $2,176 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
- Chevrolet Camaro – (sports car) Average yearly rate of $2,310 or $193 per month
- Chevrolet Corvette – (sports car) Average yearly rate of $2,176 or $181 per month
- Chevrolet Silverado HD 3500 – (heavy duty truck) Average yearly rate of $1,940 or $162 per month
- Chevrolet Silverado HD 2500 – (heavy duty truck) Average yearly rate of $1,936 or $161 per month
- Chevrolet Silverado – (large truck) Average yearly rate of $1,930 or $161 per month