Chevrolet Car Insurance: Cost & Quotes Comparison

Things to Know About Insuring Chevrolet Vehicles

Summary

• Chevrolet was GM’s answer to the competition offered by rival Ford
• The Chevy Suburban is the longest continuously offered vehicle model name
• Covering a wide range of vehicle niches, Chevrolet safety performance varies equally widely
• Chevy models are generally affordable to repair after accidents
• Car thieves target certain model years of the Chevrolet Avalanche

How Much Does Car Insurance Cost For Chevrolet

The average cost of car insurance for Chevrolet is $1,086 in Canada. It’s $90 per month.

Because of the wide range of vehicles, car insurance for Chevrolet prices can vary.  The larger and commercial lines of trucks are considerably more expensive to insure, but their safety ratings make them more affordable than other brands.

Consumers in North America will find insurance rates to be lower for Chevrolet vehicles because of the prominence of the vehicles and the availability of affordable parts for repairs. Part of the cost of car insurance for Chevrolet vehicles hinges on the average repair costs, so living in an area where the brand is fairly popular is an advantage.

Chevy vehicles come with a wide range of options, so it’s important to discuss any non-standard equipment with your insurance provider. The brand is not only one of the safest on the road, but it’s also one of the easiest to modify as well, because of all the available accessories and aftermarket systems.

The table below shows the Chevrolet car insurance.

Methodology: We surveyed Chevrolet car insurance prices in select Canadian cities for the purpose of illustrating the average quotes for a male driver aged 35 years in the city downtown with owned Chevrolet CRUZE 4DR DIESEL 2015 model car.

Please note that car insurance prices depend on many factors including your age, location, driving history, and more. To get a customized quote, enter your postal code above.

Chevrolet Model Factors that Lower Auto Insurance Costs

Top-end Chevrolet models generally provide more occupant protection than economy models. Analysis of accident damage statistics collected by the Insurance Bureau of Canada presents trends for all levels of Chevy vehicles.

Personal injury claims emerge after collisions, amounts paid for the medical care and rehabilitation of those involved in accidents. When a vehicle has a low cost for accident benefits settlements, it means the occupants of the car received minor injuries if they required care at all. Cars with high settlements mean more major injuries or death benefits paid. It’s a good general indication of how well a vehicle protects those inside it, and it’s a statistic that insurance companies use to develop risk profiles for individual car models.

The Chevrolet Avalanche, Impala, and surprisingly the Corvette consistently rank at the low end of personal injury claims costs, below average compared with all vehicles involved in accidents in the country. At the other end of the scale, the Chevrolet Aveo, Cobalt, Cavalier, and Venture are regularly over the national average. Higher than average accident benefits claims indicate a more frequent and more serious injury.

The remainder of Chevy models parks in the average range for the accident benefit category, as expected from a company with the market share Chevrolet has.

Repairing cars after accidents show similar extremes. The best performing Chevy models include the Avalanche and Cavalier. Collision repair claims for these models stay low, resulting in lower costs to insure.

Chevrolet Model Factors that Increase Auto Insurance Costs

Several Chevy models score higher than average when looking at collision repair costs. This in turn increases risk rating for those models, likely causing insurers to charge more for coverage. Models to watch for here include the Chevrolet Sonic, Trailblazer, Malibu, and Cruze. Note that not all model years rate above average, and each insurance company addresses such trends in their own way. This is one reason why car insurance premiums vary widely between providers, even between the same vehicle with the same coverage.

The only Chevy model with serious theft risk is the Avalanche. In 2015, it appeared twice on a list of most stolen vehicles in Canada for its 2003 and 2004 models. Contemporary anti-theft technology reduces the risk of theft. However, just as speeding tickets and other traffic offenses stay on your record, so to these 2015 statistics haunt the Avalanche. How individual insurers weigh this data is unknown. However, if you find insurance quotes higher for the Avalanche than similar vehicles in its class, this may be one reason.

Chevrolet offers both the Corvette and the Camaro, classic North American muscle cars in the high-performance tradition. Any vehicle so labelled costs its driver when buying insurance. Sports cars invite aggressive driving behaviour, in the eyes of insurance companies, so these models are classed as higher risks just for that potential. Whether a driver takes advantage of that performance doesn’t matter. A conservative driver wanting a sporty model may seek insurers who offer usage-based auto insurance plans. Those that include telematics devices report driving conditions such as acceleration and braking may help counter the risk potential of cars like Camaros and Corvettes.

Known Issues with Chevrolet Vehicles

As with most manufacturers, the Takata airbag recall affects certain Chevrolet vehicles. As well as the more recent recalls noted below, Chevrolet has an extensive list of older recalls, due to the large number of models the company sells.

• Chevy Aveos from 2004 to 2008 are recalled for fires associated with the daytime running lights system.
• The 2013 Black Diamond Avalanche may have a condition causing the vehicle to roll away.
• 2010 to 2014 Chevrolet Camaros have a problem with the ignition, because of which a recall is issued.
• A seat problem caused the recall of the 2015 Colorado. 2010 to 2015 years of the same model were recalled due to unexpected hood release issues.
• The 2015 Chevy Corvette is hard hit with recalls. Rear suspension, driver’s airbag as well as parking brake cables have each warranted separate recall.
• The 2014 Corvette Stingray has a potential rear suspension issue.
• The 2013 Chevy Cruze with 1.4-liter turbo engines has a recall due to an axle that may fracture under normal use. As well, the 2011 and 2012 versions are recalled due to a potential loss of brake assistance systems.

Tips for Finding the Lowest Chevrolet Car Insurance Rates

With a wide range of models as well as a wide range of car insurance performance factors, insuring Chevy vehicles will cover an equally wide range. Some general insurance rules may help identify the Chevy model that best suits your needs.

Four-door sedans, SUVs, and SUV crossovers are strong on family appeal. Family users are, generally speaking, the lowest risk drivers. The people and the vehicles support each other statistically, lowering risk factors in both directions. Choose a vehicle in these categories if you’re looking for the best performance at low insurance premiums.

Chevrolet In Depth

Chevrolet General Motors Company is a division of the American manufacturer General Motors (GM). Their vehicles are commonly referred to as Chevy. It was established in the year 1911 by Louis Chevrolet and William C. Durant as the Chevrolet Motor Car Company. With the help of the Chevrolet Motor Car Company, Durant acquired a controlling stake in General Motors. He was replaced by Alfred Sloan in 1919 and Chevrolet went on to become a global brand.

Popular Chevrolet Models

Chevrolet Cars

Sonic, Cruze, Camaro, Corvette, Volt, Malibu

Chevrolet Pickups

Silverado 3500HD, Colorado, Silverado 1500

Chevrolet Cargo Vans

Express 1500, City Express

Chevrolet Utility Vehicles

Equinox, Trax, Traverse, Tahoe

The Chevrolet Cruze ranks sixth on the list of the 25 best-selling passenger cars in Canada. It is GM’s most popular Car in Canada.

List of All Models

Safety of Chevrolet Vehicles

The company continually evaluates as well as revises safety systems in vehicles to integrate the latest technologies and improve the safety of their vehicles. While safety is a top priority, Chevrolet manages to achieve amazing results without diminishing the ride or comfort of the vehicle. It has an overall safety rating of 5 Stars by the National Highway Traffic Safety Administration.

Cost of Replacing Chevrolet’s Parts

Chevrolet models are not the cheapest to repair and neither are they the most expensive. Repair costs are about average.

Damage Susceptibility

The brand produces reliable cars, vans, and trucks that resist damage so you can expect most of the models to be strong and reliable.