Chevrolet Aveo Insurance Rates

Average insurance rates for a Chevrolet Aveo are $1,010 a year including full coverage. Comprehensive insurance costs approximately $152 a year, collision insurance costs $226, and liability insurance is $474. A liability-only policy costs around $522 a year, and high-risk insurance costs $2,182 or more. Teenage drivers receive the highest rates at up to $4,100 a year.

Average premium for full coverage: $1,010

Rate estimates by individual coverage type:

Full coverage includes $500 policy deductibles, minimum liability limits, and includes uninsured motorist and medical coverage. Rates are averaged for all 50 U.S. states and Aveo trim levels.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city has a significant impact on car insurance prices. Rural locations tend to have lower incidents of comprehensive and collision claims than densely populated cities. The diagram below illustrates the difference between rural and urban areas on auto insurance prices.

These examples highlight why it is important to compare rates quotes using their specific location, rather than relying on average rates.

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

Additional Rate Information

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

• The best discount rate is $610
• Raising to $1,000 deductibles will save $924 every year
• The estimated price for a 40-year-old driver who chooses $500 deductibles is $1,010
• Using low $100 deductibles will cost an additional $166 a year
• Higher-risk drivers who are prone to accidents and violations could pay around $2,182
• The cost that insures a teen driver can cost $4,100

View Chart as Image

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

If you like to drive fast or you caused an accident, you are likely paying anywhere from $1,200 to $1,700 extra per year, depending on your age. A high-risk auto insurance policy is expensive and can cost anywhere from 41% to 132% more than a normal policy. View High Risk Driver Rates

Older drivers with a clean driving record and higher comprehensive and collision deductibles could pay as little as $1,000 every 12 months on average for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records can expect to pay in the ballpark of $4,100 a year. View Rates by Age

Where you live also has a big influence on Chevrolet Aveo insurance rates. A middle-age driver might find rates as low as $780 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,440 on average in Louisiana, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $260 each year, while buying higher liability limits will push rates upward. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $426 more per year. View Rates by Deductible or Liability Limit

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 Chevrolet Aveo insurance consists of being safe and accident-free, having above-average credit, not filing small claims, and possibly raising deductibles. Compare prices every couple of years by requesting rates from direct car insurance companies like Progressive, GEICO, and Esurance, and also from local auto insurance providers.

Below you'll find a summary of the material that was covered above.

• Drivers who purchase more liability protection will pay an extra $520 per year to raise from a minimum limit to the 250/500 level
• Youthful drivers are expensive to insure, as much as $342 per month if full coverage is included
• High-risk drivers who have multiple accidents or major violations will likely pay on average $1,170 more per year than a low-risk driver
• Increasing deductibles can save approximately $250 each year