Chevrolet Aveo Insurance Rates

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

Average premium for full coverage: $1,010

Policy rates by type of insurance:

Prices are based on $500 physical damage insurance 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

Choosing to live in a large city can make a big difference on car insurance rates. Rural locations are shown to have lower incidents of accident claims than cities with more traffic congestion.

The diagram below illustrates the difference location can make on auto insurance prices.

The examples above show why it is important to compare rates quotes using their specific location, instead of making a decision based 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 additional coverage and risk scenarios.

• The cheapest rate after discounts is $610
• Raising to $1,000 deductibles will save $924 a year
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,010
• Selecting low $100 deductibles bumps up the cost to $1,176
• Drivers with serious driving violations could pay around $2,182 or more
• Policy cost that insures a 16-year-old driver can cost $4,100

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 physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you could be paying anywhere from $1,200 to $1,700 extra every year, depending on your age. A high-risk auto insurance policy is expensive and can cost from 41% to 132% more than the average policy. View High Risk Driver Rates

Older drivers with a clean driving record and higher comprehensive and collision deductibles may pay as low as $1,000 every 12 months on average, or $83 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records can expect to pay in the ballpark of $4,100 a year. View Rates by Age

Your home state also has a big influence on Chevrolet Aveo insurance prices. A middle-age driver might find rates as low as $670 a year in states like Iowa, Maine, and Idaho, or have to pay at least $1,440 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $260 annually, while buying higher liability limits will push rates upward. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $426 more per year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to know who has the cheapest car insurance rates is to get quotes from multiple companies. Every auto insurance company calculates rates differently, so the 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 Affordable Chevrolet Aveo Insurance

Finding cheaper rates on insurance for a Chevrolet Aveo consists of being a low-risk driver, having above-average credit, avoid buying unnecessary coverage, and maximizing policy discounts. Compare rates at every policy renewal by requesting rates from direct carriers, and also from insurance agencies where you live.

The items below are a brief review of the data touched on in this article.

• Insureds who purchase more liability coverage will pay approximately $520 each year to raise from a 30/60 limit to the 250/500 level
• Drivers can save around $110 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles can save approximately $250 each year
• Teen drivers are expensive to insure, costing up to $342 each month if full coverage is included