Friday, March 27, 2015

The Chevrolet Corvette is desirable for drivers because it is a sports car that is a combination of lightweight and powerful. For the same reasons, it can be more expensive to insure a Corvette than many less-powerful sedans, minivans and SUVs.

Insurance Estimates

    Automotive.com estimates that it will cost $1,887 dollars per year to insure a 2010 Corvette. This estimate applies to the first five year's of the automobile's life, meaning it will cost slightly less than $10,000 to insure the vehicle in that time period.

Comparison

    The highest average insurance rate for 2010 vehicles, according to Insure.com, belonged to the Porsche 911 GT2 at nearly $3,000 per year. Although the Corvette falls short of this mark, it is more expensive to insure on average than all 10 of the 2010 model year's 10 best-selling vehicles.

Additional Factors

    Vehicle make isn't the only factor that affects car insurance rates. The type of insurance you choose, such as your deductible rates, will effect the policy price; so will your driving record, credit history and geographical location.

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