CHEVROLET CORVETTE CAR INSURANCE

The Chevrolet Corvette was a two-door, two-passenger sports car introduced by the General Motors-owned brand in 1953. The vehicle was an answer to the burgeoning popularity of European sports cars in the Unites States. The car was briefly available in India as a full import. The Corvette’s sales have since been discontinued after General Motors (GM) exited the Indian market in 2017.

Recent media reports however suggest that GM may return to India and resurrect Chevrolet as a small-scale brand. The company is reportedly pinning its hopes on the Corvette C8 Stingray, which was introduced globally in July 2019.

Chevrolet Corvette:Specifications

Variants	Coupe V8
Engine Description	6.2-litre, 8-cylinder, charged gasoline injection (CGI) petrol
Engine Displacement	6,161cc
Maximum Power	340kW (456PS) @ 6,500rpm
Maximum Torque	819Nm @ 3,800rpm
Length x Width x Height	4,475mm x 1,928mm x 1,237mm
Wheelbase	2,710mm
Fuel Type	Petrol
Seating Capacity	2
Fuel Tank	65litres
Suspension	Double-wishbone with Magnetic Ride 4.0 adaptive dampers, electronic limited-slip differential and launch control
Brake System	Front: Ventilated Disc Rear:Ventilated Disc
Transmission	6-speed automatic

Chevrolet Corvette:Prices

Ex-showroom price (New Delhi): The Chevrolet Corvette was priced at ₹70,00,000. The car was sold in limited numbers in India. Customers are advised to check the exact price before buying.

Chevrolet Corvette Insurance Coverage

Third-party insurance: It is also known as an ‘act only’ cover. Third-party insurance is a statutory requirement under Motor Vehicles Act (1988). It covers the policyholder’s legal liability for disability/death of a third-party damage or loss.

Comprehensive insurance: A comprehensive policy offers a 360-degree protection to your car. It’s the highest level of security and protects the vehicle against fire, vandalism, theft, financial and legal hurdles.

Chevrolet Corvette:Add-On Covers

Zero depreciation: While claiming your motor insurance, you will get the depreciated value of the car. The amount reimbursed will never be in full. With a zero depreciation policy, you get the full amount which saves at least 30-40 percent of the losses.

Roadside assistance (RSA): Almost all insurers extend 24x7 RSA service in case your vehicle breaks down in the middle of the road. The services include flat tyre change, battery jumpstart, refueling and even towing the car to the nearest authorized garage. RSA marginally increases your third-party insurance premium.

No claim bonus (NCB) protection: A policyholder is entitled to a NCB if he/she doesn’t submit claim during the policy tenure. The NCB is usually 20 percent of the policy premium for the next year. It can be accumulated over the years and reduces the premium significantly.

Engine protection: It reimburses the repairs carried out to the engine and its parts. Engine protection cover is useful in countries like India that have a lengthy monsoon.

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Chevrolet Corvette:Review

The Chevrolet Corvette is also known as the Vette. The 2019 version available in the global markets sports a front splitter finished in carbon fiber end caps. GM has also introduced a Sebring Orange colour scheme with orange calipers that cover the Brembo carbon ceramic brakes. The cabin now has bronze and orange accents that highlight the car’s performance. The car is sold both in the coupe and convertible models and makes 0-62mph in 2.8 seconds. The vehicle offers great handling both on and off the race track.

Chevrolet Corvette: FAQs

1. How can I register a motor insurance claim?

A motor insurance can be claimed by calling the helpline number of the insurer.

2. Why do I need add-ons?

A basic standard motor insurance policy provides protection for all common emergency situations that a driver may face. Despite the coverage, there are certain circumstances specific to a particular type of vehicle, region, and level of use. An add-on coverage factors in these circumstances according to the needs of the individual.

3. Can add-on coverage be bought online?

Yes. Add-on covers can be bought alongside the basic policy. These usually include depreciation cover, medical expenses, and personal accident insurance for driver/passengers etc.