Chevrolet Aveo Insurance Rates

The average insurance rates for a Chevrolet Aveo are $942 a year for full coverage insurance. Comprehensive insurance costs an estimated $144, collision costs $188, and liability insurance is estimated at $452. Liability-only coverage costs approximately $504 a year, with high-risk coverage costing $2,024 or more. Teen drivers cost the most to insure at $3,838 a year or more.

Average premium for full coverage: $942

Policy rates broken down by type of insurance:

Full coverage includes $500 policy deductibles, 30/60 liability coverage, and includes medical and uninsured motorist coverage. Prices are averaged for all 50 states and for different Aveo trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a significant impact on the price of insurance. More rural locations are shown to have lower incidents of physical damage claims than larger metro areas.

The price range example below illustrates the effect of geographic area on insurance prices.

The examples above illustrate why anyone shopping for car insurance should get quotes for a targeted area, rather than relying on price averages.

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

Detailed Rate Analysis

The chart below illustrates estimated Chevrolet Aveo insurance rates for other coverage scenarios.

• The lowest rate with discounts is $576
• Choosing higher $1,000 deductibles can save approximately $76 each year
• The estimated price for a good driver age 40 who has $500 deductibles is $942
• Choosing more expensive low deductibles for comp and collision coverage will cost an additional $144 a year
• High-risk insureds with multiple violations and an at-fault accident could pay up to $2,024 or more
• Policy cost that insures a teen driver with full coverage can cost as much as $3,838 each year

View Chart as Image

Insurance rates for a Chevrolet Aveo also range considerably based on the model year and trim level, your age and driving record, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you are probably paying $1,100 to $1,600 additional every year, depending on your age. High-risk driver insurance ranges anywhere from 42% to 130% more than average. View High Risk Driver Rates

An older driver with no violations or accidents and higher comprehensive and collision deductibles could pay as little as $900 annually on average, or $75 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records should be prepared to pay at least $3,800 a year. View Rates by Age

Your home state plays a big part in determining prices for Chevrolet Aveo insurance rates. A good driver about age 40 could pay as low as $620 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,270 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing high deductibles can save as much as $220 each year, while increasing your policy's liability limits will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $407 more each year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to figure out which auto insurance is cheapest is to compare rates from as many companies as possible. Each auto insurer uses a different rate calculation, and rates will be varied.

Insurance Rates by Trim Level and Model Year

Rates assume 2005 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 takes avoiding accidents and claims, having a good credit score, being claim-free, and maximizing policy discounts. Shop around every year by obtaining price quotes from direct insurance companies, and also from local insurance agencies.

The points below are a summary of the coverage data covered in the above illustrations.

• It is possible to save approximately $100 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles can save approximately $225 each year
• Drivers under the age of 20 are expensive to insure, possibly costing $320 each month if comprehensive and collision insurance is included
• High-risk drivers who have multiple accidents or major violations may have to pay on average $1,080 more annually to insure a Chevrolet Aveo