Chevrolet Aveo Insurance Rates

The average insurance rates for a Chevrolet Aveo are $1,042 a year for full coverage. Comprehensive insurance costs around $162, collision costs $248, and liability insurance is $474. Liability-only coverage costs around $522 a year, with high-risk coverage costing $2,256 or more. Teenage drivers cost the most to insure at $4,204 a year or more.

Average premium for full coverage: $1,042

Policy rates for type of insurance:

Full coverage includes $500 comprehensive and collision deductibles, liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Prices are averaged for all states and for all Aveo models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a significant impact on auto insurance rates. Areas with sparse population are shown to have a lower frequency of accident claims than densely populated cities.

The example below illustrates the difference between rural and urban areas on auto insurance rates.

The examples above show why everyone should compare rates quotes for a specific zip code and risk profile, rather than relying on average rates.

Use the form below to get customized rates for your location.

More Rate Information

The chart below shows estimated Chevrolet Aveo insurance rates for additional coverage choices and driver risks.

• The best discount rate is $625
• Raising to $1,000 deductibles will save about $92 a year
• The average rate for a good driver age 40 using $500 deductibles is $1,042
• Using pricier low deductibles will cost an extra $180 a year
• Higher-risk drivers who are prone to accidents and violations could pay at least $2,256 or more
• Policy cost for full coverage for a teen driver for full coverage can be $4,204

View Chart as Image

Insurance rates for a Chevrolet Aveo also range considerably based on your risk profile, the trim level of your Aveo, and deductibles and policy limits.

A more mature driver with no violations or accidents and high deductibles could pay as little as $1,000 every 12 months on average, or $83 per month, for full coverage. Rates are much higher for teenagers, where even good drivers should be prepared to pay as much as $4,200 a year. View Rates by Age

Your home state also has a big influence on Chevrolet Aveo insurance rates. A middle-age driver might find rates as low as $690 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $1,490 on average in Michigan, Louisiana, and New York.

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $280 each year, whereas buying more liability protection will increase rates. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $426 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying at least $1,200 to $1,800 additional every year, depending on your age. Chevrolet Aveo insurance for high-risk drivers is expensive and can cost anywhere from 43% to 128% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the only way to know your exact price is to regularly compare rates from as many companies as possible. Every auto insurance company uses a different method to calculate rates, and rates will be varied from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2011 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Find More Affordable Chevrolet Aveo Insurance

Finding cheaper rates on Chevrolet Aveo insurance consists of having a decent driving record, having a good credit history, avoid buying unnecessary coverage, and taking advantage of discounts. Set aside time to compare rates once a year by obtaining price quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local insurance agents.

The following items are a summary of the data that was covered above.

• Drivers can save up to $120 per year simply by quoting online well ahead of the renewal date
• Drivers who may need additional liability coverage will pay an extra $520 each year to raise from a 30/60 limit to 250/500 limits
• 16 to 18-year-old drivers are charged the highest rates, costing up to $350 each month including comprehensive and collision insurance
• High-risk drivers who have multiple accidents or major violations may be required to pay an average of $1,210 more every year than a driver with a clean driving record