Cheapest Chevy Corvette Insurance in Baltimore

Insurance quote for Chevy Corvette in BaltimoreIf you want to save the most money, the best way to find cheaper quotes for Chevy Corvette insurance in Baltimore is to regularly compare price quotes from companies in Maryland. Prices can be compared by following these steps.

The most important part of shopping around is that you’ll want to make sure you compare the same level of coverage on every price quote and and to compare every company you can. Doing this enables a level playing field and a complete selection of prices.

Unfortunately, nearly 70% of consumers have stayed with the same insurance company for more than four years, and about 40% of consumers have never compared rates with other companies. Baltimore drivers could save up to $800 each year by just shopping around, but they underestimate the large savings they would see if they switched.

Cheaper Chevy Corvette insurance rates in Baltimore

Insurance is neither fun to buy or cheap, but you may be missing some discounts to cut the cost considerably. Certain discounts will be triggered automatically at the time you complete a quote, but some discounts are required to be manually applied prior to getting the savings.Save money with discounts

You should keep in mind that most discounts do not apply to the entire cost. Some only reduce the cost of specific coverages such as physical damage coverage or medical payments. Even though it may seem like having all the discounts means you get insurance for free, insurance companies aren’t that generous. But any discount will definitely lower the cost of your policy.

The information below shows the difference between Chevy Corvette insurance costs with and without discounts applied to the policy rates. Data assumes a male driver, no claims or driving violations, Maryland state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, marriage, multi-policy, safe-driver, homeowner, and claim-free discounts applied.

If you would like to view insurers who offer online Chevy Corvette insurance quotes in Maryland, click this link.

Low cost Baltimore Chevy Corvette insurance

It’s important to know that comparing a wide range of rates will improve the odds of getting more affordable insurance.

The companies shown below can provide price comparisons in Maryland. If you wish to find the best auto insurance in Maryland, we suggest you compare several of them to get a more complete price comparison.

Chevy Corvette insurance charts and tables

The rate information below covers a range of insurance coverage prices for Chevy Corvette models. Learning as much as possible about how car insurance premiums are determined can be valuable when making smart policy decisions.


Chevrolet Corvette Insurance Rates in Baltimore, MD
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Corvette 2-Dr Coupe $418 $918 $348 $20 $104 $1,808 $151
Corvette GS 2-Dr Coupe $496 $1024 $348 $20 $104 $1,992 $166
Corvette 2-Dr Convertible $496 $1024 $448 $26 $134 $2,128 $177
Corvette GS 2-Dr Convertible $534 $1130 $448 $26 $134 $2,272 $189
Corvette Z06 2-Dr Coupe $534 $1130 $348 $20 $104 $2,136 $178
Corvette ZR1 2-Dr Coupe $688 $1556 $348 $20 $104 $2,716 $226
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Table data represents single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Maryland minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, safe-driver, and homeowner. Estimates do not factor in specific location information which can modify premiums substantially.

The illustration below highlights how deductible choice and can raise or lower Chevy Corvette yearly insurance costs for each age group. The rates are based on a married male driver, full physical damage coverage, and no discounts are applied.

Bad driving habits will cost you more

The diagram below shows how violations and at-fault accidents can impact Chevy Corvette yearly insurance costs for each different age category. The premium estimates are based on a married female driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are applied to the premium.

Male drivers compared to female drivers in Baltimore

The diagram below compares Chevy Corvette insurance costs for male and female drivers. The costs are based on no violations or claims, full coverage, $1,000 deductibles, marital status is single, and no other discounts are factored in.

Cost comparison with and without full coverage

The information below shows the comparison of Chevy Corvette insurance prices with full coverage compared to only the Maryland minimum liability coverage. The costs are based on no accidents, no driving violations, $1,000 deductibles, drivers are not married, and no other discounts are factored in.

Should you buy full coverage or liability only?

There is no definitive guideline for phasing out full coverage on your policy, but there is a general convention. If the annual cost of your full coverage insurance is more than around 10% of the replacement cost minus the deductible, then it could be time to drop full coverage.

For example, let’s assume your Chevy Corvette settlement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, you would only receive $6,000 after paying your deductible. If it’s costing in excess of $600 a year for physical damage coverage, then you might consider buying liability only.

There are a few situations where eliminating full coverage is not a good idea. If you still have a lienholder on your title, you are required to maintain full coverage to satisfy the loan requirements. Also, if your finances do not allow you to purchase a different vehicle in the even your car is totaled, you should not opt for liability only.

Shop online but buy locally

Some people would prefer to visit with an insurance agent and often times that is recommended A good thing about price shopping on the web is you can get the best rates but still work with a licensed agent. Buying from and supporting local insurance agencies is still important in Baltimore.

Insurance agency in BaltimoreFor easy comparison, once you complete this form (opens in new window), your insurance coverage information gets sent to companies in Baltimore that provide free Baltimore auto insurance quotes for your car insurance coverage. You won’t even need to leave your house because quoted prices will be sent to you. Get lower rates AND a local agent. If you need to compare prices from a specific car insurance provider, you just need to jump over to their website and complete a quote there.

If you want to buy car insurance from a reputable insurance agent or broker, it helps to know the two different agency structures from which to choose. Car insurance agents in Baltimore are either exclusive or independent (non-exclusive).

Independent Insurance Agents

Agents that choose to be independent do not write with just one company so they have the ability to put coverage through many different car insurance companies and find you cheaper rates. If your agent finds better pricing, the business is moved internally and you stay with the same agent. When comparing car insurance prices, you should always compare prices from a couple of independent agencies to have the most options to choose from.

Listed below is a list of independent insurance agencies in Baltimore that may be able to give comparison quotes.


1726 Reisterstown Rd #220Baltimore, MD 21208(410) 602-2636View Map


1726 Reisterstown Rd #220Baltimore, MD 21208(410) 602-2636View Map


6822 Harford RdBaltimore, MD 21234(410) 254-1500View Map

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Exclusive Agencies

Agents that elect to be exclusive normally can only provide a single company’s rates like State Farm, AAA, Farmers Insurance or Allstate. These agents are not able to compare rates from other companies so if the price isn’t competitive there isn’t much they can do. Exclusive agencies are very knowledgeable on their company’s products which helps overcome the inability to quote other rates.

The following are exclusive agencies in Baltimore who can help you get price quote information.


7915 Belair RdBaltimore, MD 21236(410) 882-8200View Map


454 E Fort AveBaltimore, MD 21230(410) 727-4545View Map


7696 Belair RdBaltimore, MD 21236(410) 426-5500View Map

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Choosing an insurance agency shouldn’t rely on just a low price. Ask your prospective agent these questions:

Auto insurance coverages explained

Having a good grasp of auto insurance helps when choosing the right coverages and proper limits and deductibles. Policy terminology can be ambiguous and coverage can change by endorsement. Below you’ll find the usual coverages available from auto insurance companies.

Comprehensive auto coverage

This coverage pays for damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as rock chips in glass, a tree branch falling on your vehicle and hitting a deer. The maximum payout you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Coverage for collisions

This coverage will pay to fix damage to your Corvette from colliding with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision coverage protects against things like colliding with another moving vehicle, backing into a parked car, sustaining damage from a pot hole, crashing into a building and crashing into a ditch. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. You can also increase the deductible on your Corvette in order to get cheaper collision rates.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance kick in for bills such as chiropractic care, doctor visits, X-ray expenses, funeral costs and pain medications. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Since many Maryland drivers only purchase the least amount of liability that is required (which is 30/60/15), their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally the UM/UIM limits are similar to your liability insurance amounts.

Liability insurance

Liability coverage can cover damage or injury you incur to other people or property by causing an accident. It protects YOU from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 30/60/15 that translate to $30,000 bodily injury coverage, a per accident bodily injury limit of $60,000, and a total limit of $15,000 for damage to vehicles and property. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.

Liability can pay for claims like legal defense fees, bail bonds, medical expenses and medical services. The amount of liability coverage you purchase is a personal decision, but buy as large an amount as possible. Maryland state minimum liability requirements are 30/60/15 but you should think about purchasing more coverage.

The chart below shows why buying minimum limits may not provide you with enough coverage.

Don’t give up on affordable coverage

As you prepare to switch companies, it’s very important that you do not reduce coverage to reduce premium. In many cases, someone dropped full coverage and learned later that their decision to reduce coverage ended up costing them more. The goal is to buy the best coverage you can find at the best cost, but don’t skip important coverages to save money.

Cheap Chevy Corvette insurance in Baltimore is available on the web and from local insurance agents, so get free Baltimore auto insurance quotes from both of them to have the best chance of lowering rates. Some insurance companies may not provide online quoting and usually these smaller companies only sell coverage through local independent agencies.

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