Chevrolet Aveo Insurance Rates

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

Average premium for full coverage: $1,042

Policy rates broken down by type of insurance:

Rate estimates include $500 policy deductibles, 30/60 liability limits, and includes medical and uninsured motorist coverage. Prices are averaged for all states and Aveo trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a significant impact on insurance rates. More rural locations are shown to have lower incidents of accident claims than cities with more traffic congestion.

The diagram below illustrates the effect of geographic area on insurance prices.

The examples above show why it is important to compare prices for a targeted area, rather than relying on averaged prices.

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

Detailed Rate Analysis

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

• The cheapest rate after discounts is $625
• Using higher $1,000 deductibles will save approximately $950 a year
• The estimated price for a good driver age 40 who has $500 deductibles is $1,042
• Selecting low $100 deductibles for physical damage coverage will cost an additional $180 a year
• Drivers with serious driving violations could pay up to $2,256 or more
• Policy cost that insures a teen driver can cost as much as $4,204 or more

View Chart as Image

Insurance rates for a Chevrolet Aveo also range considerably based on the trim level of your Aveo, how you drive, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you could be paying $1,200 to $1,800 additional every year, depending on your age. A high-risk auto insurance policy can be anywhere from 43% to 128% more than the average policy. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles could pay as little as $1,000 a year, or $83 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records should be prepared to pay at least $4,200 a year. View Rates by Age

Your home state has a huge impact on Chevrolet Aveo insurance rates. A driver around age 40 might see rates as low as $690 a year in states like Iowa, Maine, and Idaho, or have to pay at least $1,490 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $280 each year, while buying higher liability limits will increase premiums. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $426 more each year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to know which auto insurance is cheapest is to get quotes from as many companies as possible. Each insurance company calculates rates differently, and rates will be varied.

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 the Best Chevrolet Aveo Insurance

Finding cheaper rates on Chevrolet Aveo insurance requires avoiding accidents and claims, having a good credit score, avoid buying unnecessary coverage, and maximizing policy discounts. Compare rates at every policy renewal by requesting rates from direct carriers, and also from your local independent and exclusive agents.

The points below are a brief recap of the data covered in the above illustrations.

• Drivers who want increased liability limits will pay approximately $520 each year to increase from a 30/60 limit to the 250/500 level
• Drivers can save approximately $120 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles can save approximately $275 each year
• Drivers under the age of 20 are expensive to insure, costing up to $350 each month if comprehensive and collision insurance is included