Chevrolet Aveo Insurance Rates

The average insurance prices for a Chevrolet Aveo are $1,010 every 12 months for full coverage insurance. Comprehensive insurance costs approximately $152, collision insurance costs $226, and liability costs around $474. Buying just liability costs as low as $522 a year, and insurance for high-risk drivers costs $2,182 or more. Teens cost the most to insure at up to $4,100 a year.

Average premium for full coverage: $1,010

Policy rates by type of insurance:

These estimates include $500 policy deductibles, minimum liability limits, and includes uninsured motorist and medical coverage. Prices are averaged for all 50 states and for different Aveo trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live can have significant affects on the price of auto insurance. Rural locations are shown to have more infrequent physical damage claims than cities with more traffic congestion. The price range example below illustrates how your location can change auto insurance prices.

The examples above illustrate why anyone shopping for car insurance should compare prices using their specific location and their own driving history, instead of using averaged prices.

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

Additional Rate Information

The chart below illustrates average Chevrolet Aveo insurance rates for additional coverage and risk scenarios.

• The cheapest rate after discounts is $610
• Using higher $1,000 deductibles will save $86 each year
• The average price for a good driver age 40 who chooses $500 deductibles is $1,010
• Selecting more expensive low deductibles for physical damage coverage costs an extra $166 every year
• Drivers with serious driving violations could pay around $2,182
• Policy cost to insure a teen driver with full coverage can cost $4,100 or more

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

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $260 every year, while increasing your policy's liability limits will push rates upward. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $426 more per year. View Rates by Deductible or Liability Limit

An older driver with a clean driving record and higher deductibles may pay as little as $1,000 a year, or $83 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers can expect to pay in the ballpark of $4,100 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are probably paying anywhere from $1,200 to $1,700 extra every year, depending on your age. High-risk driver insurance can be as much as 41% to 132% more than the average policy. View High Risk Driver Rates

Your home state has a huge impact on Chevrolet Aveo insurance prices. A driver around age 40 might see rates as low as $660 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,370 on average in Florida, New York, and Michigan.

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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 Shop for Cheap Chevrolet Aveo Insurance

Finding cheaper rates on car insurance requires being a good driver, having good credit, being claim-free, and possibly raising deductibles. Invest the time to shop around every couple of years by obtaining price quotes from direct insurance companies, and also from local insurance agencies.

The following list is a brief summary of the material that was illustrated above.

• Policyholders who purchase an increased level of liability coverage will pay approximately $520 annually to increase from a 30/60 limit to a 250/500 level
• Drivers age 16 to 20 are expensive to insure, possibly costing $342 each month if they have full coverage
• Higher risk drivers that tend to have accidents or serious violations may have to pay on average $1,170 more per year than a safer driver
• Increasing comprehensive and collision deductibles could save as much as $250 each year