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1993 Chevrolet Corvette Insurance Rates

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Jeffrey Johnson graduated summa cum laude from the University of Baltimore School of Law and has worked in legal offices and nonprofits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman University and worked in film, education, and publishing. His professional writing has appeared on sites like The Manifest and Vice, and he is the author of a novel ...

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UPDATED: Nov 19, 2021

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Average insurance rates for a 1993 Chevrolet Corvette are $902 a year for full coverage insurance. Comprehensive insurance costs around $222 each year, collision insurance costs $278, and liability insurance costs around $292. Buying a liability-only policy costs as low as $336 a year, and high-risk insurance costs $1,908 or more. Teen drivers receive the highest rates at up to $3,296 a year.

Annual premium for full coverage: $902

Rate estimates for 1993 Chevrolet Corvette Insurance

Comprehensive $222
Collision $278
Liability $292

Rate data is compiled from all 50 U.S. states and averaged for all 1993 Chevrolet Corvette models. Rates are based on a 40-year-old male driver, $500 comprehensive and collision deductibles, and a clean driving record. Remaining premium consists of UM/UIM coverage, Medical/PIP, and policy fees.

Price Range by Coverage and Risk

For a middle-aged driver, prices range range from as low as $336 for just liability coverage to a high rate of $1,908 for a high risk driver.

Liability Only $336
Full Coverage $902
High Risk $1,908

View Chart as Image

1993 Chevrolet Corvette insurance rates compared
Column chart showing 1993 Chevrolet Corvette insurance prices range from $536 to $3,296 for full coverage

These differences illustrate why all drivers should compare prices for a specific zip code and risk profile, rather than relying on price averages.

Use the form below to get rates for your location.

Enter your zip code below to view companies based on your location that have cheap auto insurance rates.

Recommended Companies for Cheap 1993 Chevrolet Corvette Insurance

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Scraping up a payment for overpriced Chevrolet Corvette insurance can empty your savings account and put the squeeze on your family’s finances. Comparison shopping is a great way to slash your bill and have more diposable income. Drivers have so many insurers to choose from, and though it is a good thing to have multiple companies, it can be more difficult to find the best rates for your vehicles.

You need to compare prices periodically since rates fluctuate regularly. Despite the fact that you may have had the best price for Corvette insurance a few years ago a different company probably has better rates today. There is a lot of wrong information about insurance coverage on the web, but we’re going to give you a bunch of ideas how to buy insurance coverage cheaper.

The fastest way that we advise to get rate comparisons is to understand almost all companies actually pay money for the chance to provide you with free rate quotes. All you need to do is give them rating details such as how you use your vehicles, if you have an active license, if you went to college, and if you’re married. The data gets sent immediately to multiple top-rated companies and you will get price comparisons very quickly.

To start a quote now, click here then complete the form.

Save on 1993 Chevy Corvette insurance

Companies offering auto insurance don’t necessarily list all their discounts very well, so here is a list both the well known and the harder-to-find car insurance savings. If you don’t get every credit available, you are throwing money away.

  • Drivers Education – Make teen driver coverage more affordable by requiring them to take driver’s ed class in high school.
  • Government Employees – Simply working for the federal government can save as much as 8% for Corvette insurance with select insurance companies.
  • Anti-lock Brake System – Vehicles with anti-lock braking systems can avoid accidents and will save you 10% or more.
  • Paperwork-free – A handful of insurance companies may give you up to $50 simply for signing online.
  • Discounts for Safe Drivers – Drivers who avoid accidents can get discounts for up to 45% lower rates for Corvette insurance than their less cautious counterparts.
  • Defensive Driving Course – Successfully completing a course in driver safety could cut 5% off your bill depending on where you live.

Keep in mind that most discounts do not apply to all coverage premiums. Some only reduce specific coverage prices like medical payments or collision. So when the math indicates adding up those discounts means a free policy, companies wouldn’t make money that way.

Insurance companies that possibly offer these discounts include:

  • American Family
  • Farm Bureau
  • State Farm
  • Travelers
  • The Hartford
  • Progressive

It’s a good idea to ask all companies you are considering which discounts you may be entitled to. Discounts might not be offered in your state.

Tailor your coverage to you

When it comes to buying proper insurance coverage, there is no one size fits all plan. Each situation is unique so your insurance needs to address that. Here are some questions about coverages that might help in determining if your insurance needs could use an agent’s help.

  • How does medical payments coverage work?
  • Is my teen driver covered when they drive my company car?
  • Should I buy more coverage than the required minimum liability coverage?
  • Does liability extend to a camper or trailer?
  • Should I have a commercial auto policy?
  • When can I cancel my policy?
  • How can I find cheaper teen driver insurance?
  • Is my teenager covered with friends in the car?

If it’s difficult to answer those questions, you might consider talking to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies. It is quick, free and can provide invaluable advice.

Learn about car insurance coverages for a 1993 Chevy Corvette

Learning about specific coverages of a car insurance policy can help you determine which coverages you need for your vehicles. Car insurance terms can be impossible to understand and nobody wants to actually read their policy. Shown next are the usual coverages available from car insurance companies.

Comprehensive coverages – Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as damage from flooding, rock chips in glass, hail damage and theft. The most you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Collision coverages – Collision coverage covers damage to your Corvette resulting from a collision with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims like colliding with another moving vehicle, hitting a mailbox and crashing into a building. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Another option is to choose a higher deductible to save money on collision insurance.

Uninsured and underinsured coverage – Your UM/UIM coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.

Coverage for medical payments – Coverage for medical payments and/or PIP provide coverage for short-term medical expenses like pain medications, hospital visits, ambulance fees, EMT expenses and dental work. They are often used in conjunction with a health insurance program or if you lack health insurance entirely. They cover all vehicle occupants and also covers getting struck while a pedestrian. PIP is not available in all states and gives slightly broader coverage than med pay

Auto liability – This will cover injuries or damage you cause to other people or property by causing an accident. This coverage protects you from claims by other people, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for claims such as emergency aid, medical expenses, attorney fees and legal defense fees. How much liability should you purchase? That is a decision to put some thought into, but buy higher limits if possible.

Rates by U.S. City

1993 Chevrolet Corvette Insurance Rates by City
City Premium
New York City, NY $1,425
Los Angeles, CA $1,539
Philadelphia, PA $1,201
Jacksonville, FL $1,304
Phoenix, AZ $1,047
Chicago, IL $1,210
Houston, TX $1,412
Seattle, WA $877
Columbus, OH $755
Indianapolis, IN $768

Need a specific model?

Choose your model and trim below

Rates by Driver Age

1993 Chevrolet Corvette Insurance Rates by Driver Age
Driver Age Premium
16 $3,296
20 $2,010
30 $938
40 $902
50 $822
60 $804

Full coverage, $500 deductibles

Rates by Deductible

1993 Chevrolet Corvette Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,116
$250 $1,020
$500 $902
$1,000 $786

Full coverage, driver age 40

Rates by Liability Limit

Chevrolet Corvette Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $902
50/100 $960
100/300 $1,033
250/500 $1,223
100 CSL $990
300 CSL $1,150
500 CSL $1,267

Full coverage, driver age 40

Rates for High Risk Drivers

1993 Chevrolet Corvette Insurance Rates for High Risk Drivers
Age Premium
16 $4,688
20 $3,192
30 $1,946
40 $1,908
50 $1,816
60 $1,798

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $118

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $48
Multi-vehicle $45
Homeowner $14
5-yr Accident Free $60
5-yr Claim Free $57
Paid in Full/EFT $38
Advance Quote $41
Online Quote $63
Total Discounts $366
Rate after discounts $536

Discounts are estimated and may not be available from every company or in every state.

Find companies with the cheapest rates in your area

1993 Chevrolet Corvette Insurance Rates by State
State Premium
Alabama $814
Alaska $690
Arizona $748
Arkansas $902
California $1,026
Colorado $860
Connecticut $926
Delaware $1,020
Florida $1,124
Georgia $834
Hawaii $650
Idaho $610
Illinois $672
Indiana $680
Iowa $610
Kansas $856
Kentucky $1,228
Louisiana $1,334
Maine $556
Maryland $744
Massachusetts $720
Michigan $1,566
Minnesota $754
Mississippi $1,080
Missouri $800
Montana $968
Nebraska $710
Nevada $1,080
New Hampshire $650
New Jersey $1,006
New Mexico $796
New York $950
North Carolina $518
North Dakota $738
Ohio $624
Oklahoma $924
Oregon $828
Pennsylvania $858
Rhode Island $1,202
South Carolina $818
South Dakota $760
Tennessee $788
Texas $1,086
Utah $668
Vermont $616
Virginia $542
Washington $696
West Virginia $828
Wisconsin $624
Wyoming $802

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