Chevrolet Aveo Insurance Rates

The average auto insurance rates for a Chevrolet Aveo are $1,042 annually including full coverage. Comprehensive costs approximately $162 a year, collision insurance costs $248, and liability costs around $474. Buying just liability costs as low as $522 a year, and insurance for high-risk drivers costs around $2,256. Teen drivers cost the most to insure at up to $4,204 a year.

Average premium for full coverage: $1,042

Policy rates by type of insurance:

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

Price Range Variability

Urban vs. Rural Price Range

Where you live can have significant affects on car insurance prices. Rural locations are shown to have fewer comprehensive and collision claims than larger metro areas. The diagram below illustrates the difference between rural and urban areas on auto insurance prices.

The examples above highlight why it is important to compare prices using their specific location and their own personal driving habits, instead of using price averages.

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 lowest rate with discounts is $625
• Using higher $1,000 deductibles will save $950 every year
• The estimated rate for a good driver age 40 who chooses $500 deductibles is $1,042
• Choosing low $100 deductibles for physical damage coverage will cost $1,222
• Drivers with multiple violations and an at-fault accident could pay around $2,256
• Policy cost with full coverage for a teen driver can cost $4,204 or more

View Chart as Image

Insurance rates for a Chevrolet Aveo also range considerably based on the model year and trim level, your driving characteristics, and physical damage deductibles and liability limits.

Older drivers with a clean driving record and high physical damage deductibles may pay as little as $1,000 a year, or $83 per month, for full coverage. Rates are highest for teenagers, where even without any violations or accidents they can expect to pay in the ballpark of $4,200 a year. View Rates by Age

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

Choosing high deductibles could cut rates by as much as $280 every year, while buying higher liability limits will push rates upward. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $426 more per year. View Rates by Deductible or Liability Limit

Your home state has a huge impact on Chevrolet Aveo insurance prices. A driver around age 40 might see rates as low as $800 a year in states like Vermont, New Hampshire, and Missouri, or as much as $1,490 on average in Louisiana, New York, and Michigan.

View Chart as Image

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 Buy Cheaper Chevrolet Aveo Insurance

Finding cheaper rates on car insurance requires not taking risks behind the wheel, having a good credit history, paying for small claims out-of-pocket, and possibly raising deductibles. Set aside time to compare rates every couple of years by requesting rates from direct car insurance companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.

The following is a condensed summary of the material that was covered above.

• Policyholders who purchase higher liability limits will pay about $520 per year to increase from a 30/60 limit to higher 250/500 limits
• Teens are expensive to insure, with premiums being up to $350 each month including comprehensive and collision insurance
• Higher risk drivers with multiple at-fault accidents may have to pay on average $1,210 more per year for Aveo insurance
• Increasing comprehensive and collision deductibles could save up to $275 each year