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As prices continue to rise across the board, many people are finding it challenging to stay ahead of their monthly bills. Auto insurance is one place consumers feel they can cut costs, but the amount fluctuates based on several contributing factors, including a person’s creditworthiness. Drivers with less than stellar credit must pay auto insurance premiums significantly higher than someone with impeccable credit. Chevrolet Blazer insurance costs are no different.

The cost to insure the Blazer varies by year and model of the vehicle and can be somewhat expensive for drivers looking for affordable premiums. Here is everything you need to know about insuring the popular SUV, particularly if you have a low credit score.

How insurance can differ based on your situation

Automobile insurance costs depend on many factors, such as having a clean driving record, a recent accident, or poor credit.

According to the Insurance Information Institute, the amount you pay for a premium depends on aspects like the type and amount of coverage you want and where you keep the vehicle parked. Not all insurance companies use the same parameters, but the things that most commonly affect your rate are your driving record, the amount of time your drive the car, your location, age, gender, the type of car you drive, and credit.

Insurance Information Institute explains, “Similar to your credit score, your credit-based insurance score is a statistical tool that predicts the likelihood of your filing a claim and the likely cost of that claim.”

Chevrolet Blazer insurance costs for drivers with bad credit

The average cost to insure a Chevrolet vehicle is approximately $1,784 per year, according to CarEdge. The annual premium is $441 less expensive than other brands and based on a 40-year-old with a clean driving record, good credit, and full coverage, driving approximately 13,000 miles a year. The average rate is based on a single-car policy for a brand-new vehicle and does not include any multi-car discounts.

The Chevrolet Blazer insurance cost for a good driver is approximately $1,875, but a person involved in a recent accident can expect to pay around $2,753. A person with poor credit will pay a staggering $1,346 more per year for a total annual premium of $3,221.

A 2022 Chevy Blazer, where Blazer Insurance costs may be needed as it drives down the road in a wooded area.
2022 Chevrolet Blazer | Creative Commons

Even worse, an 18-year-old driver with poor credit can expect to pay almost $10,000 per year for full coverage, for a whopping $806 per month. At that point, adding the vehicle to a family’s multi-vehicle policy is the only realistic option.

The most expensive state to insure a Chevrolet Blazer is Michigan, which costs drivers with poor credit an average of $8,585 annually. Hawaii is the cheapest state to get full coverage on a Blazer, costing approximately $826 with poor credit.

The 2023 Chevrolet Blazer

The 2023 Chevrolet Blazer has a starting price of $36,495, with the premier trim having an MSRP of $44,195. Despite having ample interior space, good design features, and dependable handling, Car and Driver say the Blazer “falls short of rivals in terms of quality and value.”

The two-row, midsize SUV has a 228 hp turbo or 308 hp V6 engine and offers reliable braking, turning, and overall performance. With a sharp new design for 2023, the Blazer has new lighting elements and an impressive front grille design. The back also gets a new look with newly designed taillights. Interior improvements include a new wireless charging pad and a 10-inch touchscreen. 

However, if you were hoping to get a hold of the 2024 all-electric Chevrolet Blazer, the in-demand model has already sold out. However, the 2023 Blazer could be a great option still.