UPDATED: Mar 13, 2020
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Chevrolet Corvette Stingray Car Insurance
If you like to go fast, then it makes sense that you own a Corvette Stingray. However, you may want to be careful with that lead foot of yours.
There are many things about this Ultra fast sports car they can have you paying through the nose each month for your Chevrolet Corvette Stingray auto insurance policy.
At the same time, though, there are tips, tricks, and strategies we can teach you to help you save money. If you are ready to lower your monthly insurance premiums, then this article is for you.
A Brief History of the Chevrolet Corvette Stingray
No, we’re not talking about its classic predecessor which dates all the way back to the early 1960s. We’re talking about the newest generation of the Chevy Corvette, which has taken out the space and smushed “Stingray” into one word.
This modern version of the classic sports car comes with dozens of upgrades that would leave its grandfather models in the dust. Its frame is a mixed construction of carbon fiber and aluminum.
These lightweight materials left room on the scale for Chevy to include a more powerful and technologically advanced V8 engine.
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Chevrolet Corvette Stingray in the News
Automotive enthusiasts are thrilled with the tweaks made to the Chevy Corvette Stingray design which will be available in their upcoming 2019 models.
Compared to previous years, these brand-new stingrays will come with a 755 horsepower engine, leading to a mind-blowing 0 to 60 acceleration in less than 3 seconds.
If you happen to get a chance to drive one of these down and unregulated Highway such as Germany’s Autobahn, you can reach a hundred miles an hour in 6 seconds even.
Unfortunately, though, most US drivers may never get to experience the thrill of driving their Stingray that fast – at least, not legally. But more on that later.
Comparing Chevrolet Corvette Stingray Auto Insurance
Part of the reason you may be paying too much for your Chevrolet Corvette Stingray car insurance might have to do with the state you live in.
Because of how insurance companies are regulated, different states are allowed to make their own laws which, in part, determines how much your insurance company is allowed to charge you legally.
While some states are very stringent with insurance regulation, other states are incredibly lax. And that can make a big difference in your monthly premium.
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The auto insurance industry is way more competitive than most people realize. In order to remain the top dog in the game, insurance companies are constantly adjusting their algorithms to figure out the best way to calculate risk.
While some insurance companies cater specifically to drivers in the “high risk” pool, other providers may be targeting low-risk motorists who will pay their premiums on time each month but may never need to file a claim.
Depending on which risk pool you fall into, you may get a highly affordable rate from an insurance company that thinks you are a low-risk, or you may have to pay substantially more – even from an insurance company that promises lower rates to high-risk drivers.
Okay, Stingray drivers, it’s time to talk about the elephant in the room: speeding tickets. We don’t know if there are drivers who own a Chevy Corvette Stingray and always drive the speed limit; but if they do exist, we’re sure they are few and far between.
The rest of you have probably given in to the temptation to drive as fast as you can, and we’re betting it’s happened more than once or twice. If you get caught breaking speed limit laws, those tickets can pile up.
And in addition to paying the cost of an expensive speeding ticket, you’ll have to shell out some extra cash for higher insurance premiums, too – as you can see in the chart below.
Whether you have a laundry list of speeding tickets under your belt, or whether you are a safe and careful driver who just wants to get the best premium possible, we are here for you. And we want to help you save money.
That’s why we implore you to use our quote generator tool to compare insurance prices in your area. All it takes is a few minutes, and you can save big time!
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