Chevrolet Aveo Insurance Rates

Average insurance rates for a Chevrolet Aveo are $1,042 a year for full coverage. Comprehensive insurance costs approximately $162 a year, collision costs $248, and liability coverage costs $474. A policy with just liability insurance costs as little as $522 a year, with coverage for high-risk drivers costing $2,256 or more. Teenage drivers receive the highest rates at $4,204 a year or more.

Average premium for full coverage: $1,042

Rate estimates by individual coverage type:

Full coverage includes $500 physical damage insurance deductibles, liability coverage up to 30/60, and includes uninsured/under-insured motorist coverage. Rates are averaged for all states and Aveo trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location has a large influence on car insurance rates. Rural locations tend to have a lower frequency of accident claims than densely populated cities.

The diagram below illustrates how geographic area affects auto insurance prices.

These examples show why it is important to compare rates using their specific location and risk profile, rather than using 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 and risk scenarios.

• The best discount rate is $625
• Drivers who choose higher $1,000 deductibles will pay $950 a year
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,042
• Using low $100 deductibles for comprehensive and collision insurance will cost an extra $180 each year
• High-risk insureds who are prone to accidents and violations could pay around $2,256 or more
• The cost for full coverage for a teenage driver can cost $4,204 a year

View Chart as Image

Insurance rates for a Chevrolet Aveo can also vary considerably based on your driver profile, the trim level of your Aveo, and physical damage deductibles and liability limits.

Older drivers with no violations or accidents and high deductibles may only pay around $1,000 per year on average for full coverage. Rates are much higher for teen drivers, where even good drivers should be prepared to pay in the ballpark of $4,200 a year. View Rates by Age

Where you live makes a big difference in Chevrolet Aveo insurance rates. A 40-year-old driver could pay as low as $690 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,490 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles could save up to $280 a year, while buying higher liability limits will push rates upward. Going from a 50/100 limit to a 250/500 limit will cost as much as $426 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying anywhere from $1,200 to $1,800 additional per year, depending on your age. A high-risk auto insurance policy can cost around 43% to 128% more than a normal policy. View High Risk Driver Rates

With so much variability in rates, the only way to know who has the cheapest car insurance rates is to get quotes and see how they stack up. Every company uses a different method to calculate rates, and rates can be significantly different 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

Saving money on auto insurance not only requires being a low-risk driver, but also having a good credit history, eliminating unneeded coverage, and qualifying for all possible discounts. Invest the time to compare rates every time your policy renews by getting quotes from direct carriers like GEICO and Progressive, and also from local exclusive and independent agents.

The items below are a summary of the information presented in the illustrations above.

• Drivers can save around $120 per year simply by quoting early and online
• Teen drivers are the costliest to insure, costing as high as $350 per month including comprehensive and collision insurance
• Increasing deductibles can save around $275 each year
• Drivers who have multiple accidents or major violations may pay on average $1,210 more per year to insure their Aveo
• Consumers who purchase more liability coverage will pay an extra $520 each year to go from a minimum limit to 250/500 limits