Leslie Kasperowicz holds a BA in Social Sciences from the University of Winnipeg. She spent respective years as a Farmers Insurance CSR, gaining a solid understand of insurance products including home, life, car, and commercial and working directly with policy customers to understand their needs. She has since used that cognition in her more than ten years as a writer, largely in the insuranc …

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Written by

Leslie Kasperowicz

Farmers CSR for 4 Years

Dan Walker graduated with a BS in Administrative Management in 2005 and has been working in his family ’ sulfur insurance agency, FCI Agency, for 15 years ( BBB A+ ). He is licensed as an agent to write property and casualty insurance, including home, car, umbrella, and dwelling fire insurance. He ’ s besides been featured on sites like Reviews.com and Safeco. He reviews subject, ensuring that ex-husband …
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Reviewed by

Daniel Walker

Licensed Auto Insurance Agent

editorial Guidelines : We are a free on-line resource for anyone matter to in learning more about car indemnity. Our finish is to be an aim, third-party resource for everything car indemnity related. We update our site regularly, and all contentedness is reviewed by car insurance experts .
Key takeaways:

  • Full coverage costs around $1,484 a year or $124 each month
  • A liability-only policy costs around $595 a year or $50 each month
  • Highest rates are for teenage drivers at around $5,424 a year or $452 each month
  • Good drivers can save as much as $612 a year by earning policy discounts
  • Chevrolet Silverado insurance costs around $35 less per year than the average vehicle

You save up to $ 612 a class on Chevrolet Silverado policy rates when you ’ re eligible for policy discounts. policy discounts come in handy for adolescent driver policy, which is $ 452 per month for a Chevrolet Silverado. Continue reading to learn more .
You can start comparing quotes for Chevrolet Silverado car policy rates from some of the best car policy companies by using our detached on-line creature now .

Chevrolet Silverado Insurance Cost

The average Chevrolet Silverado car insurance rates are $ 1,484 a year or $ 124 a calendar month .

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Are Chevrolet Silverados Expensive to Insure?

The chart below details how Chevrolet Silverado policy rates compare to other trucks like the Chevrolet Colorado, GMC Sierra 2500HD, and GMC Sierra .

Vehicle Comprehensive Collision Liability Total
Chevrolet Silverado $322 $562 $420 $1,484
Chevrolet Colorado $254 $438 $372 $1,222
GMC Sierra 2500HD $336 $656 $420 $1,592
GMC Sierra $336 $594 $372 $1,460
Ford Ranger $254 $470 $372 $1,254
Honda Ridgeline $306 $536 $450 $1,472
Chevrolet Silverado 3500HD $404 $656 $420 $1,660

Compare RatesStart Now → however, there are a few things you can do to find the cheapest Chevrolet insurance rates online .

What Impacts the Cost of Chevrolet Silverado Insurance?

You might have noticed that there is a multitude of factors that impact Chevrolet Silverado car indemnity rates. Your age, placement, drive record, and model year all play a character in what you will ultimately pay to insure the Chevrolet Silverado .

Age of the Vehicle

The average Chevrolet Silverado car policy rates are higher for newer models. For model, car insurance for a 2020 Chevrolet Silverado costs $ 1,484, while 2010 Chevrolet Silverado indemnity costs are $ 1,238, a difference of $ 246 .

Model Year Comprehensive Collision Liability Total
2020 Chevrolet Silverado $322 $562 $420 $1,484
2019 Chevrolet Silverado $306 $542 $440 $1,468
2018 Chevrolet Silverado $294 $536 $450 $1,460
2017 Chevrolet Silverado $284 $524 $470 $1,458
2016 Chevrolet Silverado $274 $502 $486 $1,442
2015 Chevrolet Silverado $260 $484 $500 $1,424
2014 Chevrolet Silverado $250 $450 $510 $1,390
2013 Chevrolet Silverado $240 $424 $514 $1,358
2012 Chevrolet Silverado $230 $380 $520 $1,310
2011 Chevrolet Silverado $214 $350 $520 $1,264
2010 Chevrolet Silverado $206 $328 $524 $1,238

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Driver Age

Driver age can have a meaning impact on the price of Chevrolet Silverado car indemnity. For model, 20-year-old drivers pay approximately $ 1,815 each year for their Chevrolet Silverado car insurance than 30-year-old drivers .

Driver Location

Where you live can have a big impingement on Chevrolet Silverado indemnity rates, particularly if you live in one of the worst or best states for pickup owners. For example, drivers in New York may pay $ 906 a year more than drivers in Seattle .

Your Driving Record

Your drive phonograph record can have an shock on the cost of Chevrolet Silverado car indemnity. Teens and drivers in their 20 ’ s see the highest jump in their Chevrolet Silverado car policy with violations on their drive record .

Chevrolet Silverado Safety Ratings

The Chevrolet Silverado ’ s base hit ratings will affect your Chevrolet Silverado car indemnity rates. See the chart below :

Test Type Rating
Small overlap front: driver-side Good
Small overlap front: passenger-side Marginal
Moderate overlap front Good
Side Good
Roof strength Good
Head restraints and seats Good
Source: Insurance Institute for Highway Safety

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Chevrolet Silverado Crash Test Ratings

dear Chevrolet Silverado crash quiz ratings can lower your Chevrolet Silverado car policy rates. See Chevrolet Silverado crash screen results below :

Vehicle Tested Overall Frontal Side Rollover
2020 Chevrolet Silverado 2500 PU/RC 4WD N/R N/R N/R N/R
2020 Chevrolet Silverado 2500 PU/RC 2WD N/R N/R N/R N/R
2020 Chevrolet Silverado 2500 PU/EC 4WD N/R N/R N/R N/R
2020 Chevrolet Silverado 2500 PU/EC 2WD N/R N/R N/R N/R
2020 Chevrolet Silverado 2500 PU/CC 4WD N/R N/R N/R N/R
2020 Chevrolet Silverado 2500 PU/CC 2WD N/R N/R N/R N/R
2020 Chevrolet Silverado 1500 PU/RC 4WD 4 stars 4 stars 5 stars 4 stars
2020 Chevrolet Silverado 1500 PU/RC 2WD 4 stars 4 stars 5 stars 4 stars
2020 Chevrolet Silverado 1500 PU/EC 4WD 4 stars 4 stars 5 stars 4 stars
2020 Chevrolet Silverado 1500 PU/EC 2WD 4 stars 4 stars 5 stars 4 stars
2020 Chevrolet Silverado 1500 PU/CC 4WD 4 stars 4 stars 5 stars 4 stars
2020 Chevrolet Silverado 1500 PU/CC 2WD 4 stars 4 stars 5 stars 4 stars
2019 Chevrolet Silverado 3500 PU/RC RWD N/R N/R N/R N/R
2019 Chevrolet Silverado 3500 PU/RC 4WD N/R N/R N/R N/R
2019 Chevrolet Silverado 3500 PU/CC RWD N/R N/R N/R N/R
2019 Chevrolet Silverado 3500 PU/CC 4WD N/R N/R N/R N/R
2019 Chevrolet Silverado 2500 PU/RC RWD 4 stars 3 stars 5 stars 3 stars
2019 Chevrolet Silverado 2500 PU/RC 4WD 4 stars 3 stars 5 stars 3 stars
2019 Chevrolet Silverado 2500 PU/EC RWD 4 stars 3 stars 5 stars 3 stars
2019 Chevrolet Silverado 2500 PU/EC 4WD 4 stars 3 stars 5 stars 3 stars
2019 Chevrolet Silverado 2500 PU/CC RWD 4 stars 4 stars 5 stars 3 stars
2019 Chevrolet Silverado 2500 PU/CC 4WD 4 stars 4 stars 5 stars 3 stars
2019 Chevrolet Silverado 1500 PU/RC RWD 4 stars 4 stars 5 stars 4 stars
2019 Chevrolet Silverado 1500 PU/RC 4WD 4 stars 4 stars 5 stars 4 stars
2019 Chevrolet Silverado 1500 PU/EC RWD 4 stars 4 stars 5 stars 4 stars
2019 Chevrolet Silverado 1500 PU/EC 4WD 4 stars 4 stars 5 stars 4 stars
2019 Chevrolet Silverado 1500 PU/CC RWD 4 stars 4 stars 5 stars 4 stars
2019 Chevrolet Silverado 1500 PU/CC 4WD 4 stars 4 stars 5 stars 4 stars
2019 Chevrolet Silverado 1500 LD PU/EC RWD 4 stars 4 stars 5 stars 4 stars
2019 Chevrolet Silverado 1500 LD PU/EC 4WD 4 stars 4 stars 5 stars 4 stars
2018 Chevrolet Silverado 3500 PU/RC RWD N/R N/R N/R N/R
2018 Chevrolet Silverado 3500 PU/RC 4WD N/R N/R N/R N/R
2018 Chevrolet Silverado 3500 PU/EC RWD N/R N/R N/R N/R
2018 Chevrolet Silverado 3500 PU/EC 4WD N/R N/R N/R N/R
2018 Chevrolet Silverado 3500 PU/CC RWD N/R N/R N/R N/R
2018 Chevrolet Silverado 3500 PU/CC 4WD N/R N/R N/R N/R
2018 Chevrolet Silverado 2500 PU/RC RWD 4 stars 4 stars 5 stars 3 stars
2018 Chevrolet Silverado 2500 PU/RC 4WD 4 stars 4 stars 5 stars 3 stars
2018 Chevrolet Silverado 2500 PU/EC RWD 4 stars 4 stars 5 stars 3 stars
2018 Chevrolet Silverado 2500 PU/EC 4WD 4 stars 4 stars 5 stars 3 stars
2018 Chevrolet Silverado 2500 PU/CC RWD 4 stars 4 stars 5 stars 3 stars
2018 Chevrolet Silverado 2500 PU/CC 4WD 4 stars 4 stars 5 stars 3 stars
2018 Chevrolet Silverado 1500 PU/RC RWD 5 stars 5 stars 5 stars 4 stars
2018 Chevrolet Silverado 1500 PU/RC 4WD 5 stars 5 stars 5 stars 4 stars
2018 Chevrolet Silverado 1500 PU/EC RWD 5 stars 5 stars 5 stars 4 stars
2018 Chevrolet Silverado 1500 PU/EC 4WD 5 stars 5 stars 5 stars 4 stars
2018 Chevrolet Silverado 1500 PU/CC RWD 5 stars 5 stars 5 stars 4 stars
2018 Chevrolet Silverado 1500 PU/CC 4WD 5 stars 5 stars 5 stars 4 stars
2018 Chevrolet Silverado 1500 Hybrid PU/CC RWD 5 stars 5 stars 5 stars 4 stars
2017 Chevrolet Silverado 3500 PU/RC RWD N/R N/R N/R N/R
2017 Chevrolet Silverado 3500 PU/RC 4WD N/R N/R N/R N/R
2017 Chevrolet Silverado 3500 PU/EC RWD N/R N/R N/R N/R
2017 Chevrolet Silverado 3500 PU/EC 4WD N/R N/R N/R N/R
2017 Chevrolet Silverado 3500 PU/CC RWD N/R N/R N/R N/R
2017 Chevrolet Silverado 3500 PU/CC 4WD N/R N/R N/R N/R
2017 Chevrolet Silverado 2500 PU/RC RWD 4 stars 4 stars 5 stars 3 stars
2017 Chevrolet Silverado 2500 PU/RC 4WD 4 stars 4 stars 5 stars 3 stars
2017 Chevrolet Silverado 2500 PU/EC RWD 4 stars 4 stars 5 stars 3 stars
2017 Chevrolet Silverado 2500 PU/EC 4WD 4 stars 4 stars 5 stars 3 stars
2017 Chevrolet Silverado 2500 PU/CC RWD N/R N/R 5 stars 3 stars
2017 Chevrolet Silverado 2500 PU/CC 4WD N/R N/R 5 stars 3 stars
2017 Chevrolet Silverado 1500 PU/RC RWD 5 stars 5 stars 5 stars 4 stars
2017 Chevrolet Silverado 1500 PU/RC 4WD 5 stars 5 stars 5 stars 4 stars
2017 Chevrolet Silverado 1500 PU/EC RWD 5 stars 5 stars 5 stars 4 stars
2017 Chevrolet Silverado 1500 PU/EC 4WD 5 stars 5 stars 5 stars 4 stars
1-5 Star Rating Scale, N/R = No Rating | Source: National Highway Traffic Safety Administration

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Chevrolet Silverado Safety Features

Chevrolet Silverado base hit features can lower the cost of your policy. The base hit features for the 2020 Chevrolet Silverado include :

  • Driver Air Bag
  • Passenger Air Bag
  • Front Head Air Bag
  • Rear Head Air Bag
  • Front Side Air Bag
  • 4-Wheel ABS
  • 4-Wheel Disc Brakes
  • Electronic Stability Control
  • Daytime Running Lights
  • Integrated Turn Signal Mirrors
  • Front Tow Hooks
  • Traction Control
  • Blind Spot Monitor
  • Cross-Traffic Alert

Chevrolet Silverado Insurance Loss Probability

Another contributing divisor that plays a lead role in Chevrolet Silverado insurance rates is the loss probability for each type of coverage .

Insurance Coverage Category Loss Rate
Collision -24%
Property Damage 18%
Comprehensive -15%
Personal Injury -22%
Medical Payment -31%
Bodily Injury 25%
Source: Insurance Institute for Highway Safety

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Chevrolet Silverado Finance and Insurance Cost

If you are financing a Chevrolet Silverado, you will pay more if you purchase Chevrolet Silverado car indemnity at the franchise, indeed be sure to shop around and compare Chevrolet Silverado car policy quotes from the best companies using our free tool below .

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Ways to Save on Chevrolet Silverado Insurance

If you want to reduce the cost of your Chevrolet Silverado indemnity rates, follow these tips below :

  • Ask About Farm and Ranch Vehicle Discounts
  • Ask About Discounts for People with Disabilities
  • Re-Check Chevrolet Silverado Insurance Rates Every 6 Months
  • Buy a Dashcam for Your Chevrolet Silverado
  • Remove Young Drivers from Your Chevrolet Silverado Auto Insurance Plan

Top Chevrolet Silverado Insurance Companies

Who is the best company for Chevrolet Silverado policy rates ? While the actual rates you pay will depend on many factors, here are some of the acme companies offering Chevrolet Silverado indemnity coverage ( ordered by market contribution ). many of these companies offer discounts for security systems and other base hit features that the Chevrolet Silverado offers .

Rank Company Volume Market Share
1 State Farm $65,615,190 9.3%
2 GEICO $46,106,971 6.6%
3 Progressive $39,222,879 5.6%
4 Liberty Mutual $35,600,051 5.1%
5 Allstate $35,025,903 5.0%
6 Travelers $28,016,966 4.0%
7 USAA $23,483,080 3.3%
8 Chubb $23,388,385 3.3%
9 Farmers $20,643,559 2.9%
10 Nationwide $18,442,145 2.6%
Source: Insurance Information Institute

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Compare Free Chevrolet Silverado Insurance Quotes Online

Save money by comparing Chevrolet Silverado policy rates with free quotes online now !

Getting car insurance for a Chevy Silverado comes with a few noteworthy factors that can help you get a lower rate. These include factors that pertain to your vehicle, your driving habits and even your personal life .
Click here to enter your zip code in our free quotation tool now to compare car insurance from a wide-eyed kind of companies !
The policy company you choose is another factor in the rates you ’ ll welcome. You besides want to pay attention to the types of coverage that are available to best determine if what you need and the limits on each .

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Chevy Silverado Variations

part of your insurance price depends on the overall monetary value of your vehicle. The Chevrolet website notes the 2012 Silverado comes in several models with deviate monetary value points. Prices vary depending on the model and the options you choose to go with your vehicle. Choices include the :

  • Silverado 1500
  • Silverado Hybrid
  • Silverado 2500HD
  • Silverado 3500 HD
  • Silverado Chassis with a covered truck bed

other factors that fun into the overall value of the fomite include the specific options you choose for each vehicle. Each truck offers different snip levels ranging from the identical basic to the more elaborate .
The more detailed of the trimming levels for the Silverado 1500 include extra interior amenities. These are fabric front man seats alternatively of vinyl, locking repositing underneath the seat and a steering bicycle wrapped in leather .
extra options include off-road abeyance for an extra price. The more detailed and costly your truck, the more expensive your insurance is likely to be .

If you have a used or older existing Silverado you are looking to insure, your monetary value of indemnity may besides be lower .

In the case of older or use vehicles, you may want to assess the overall measure of the vehicle before you spend a set of money on policy to cover repairs or replacement .

Features That Can Help Lower Insurance Costs

not all of the add features on your Chevy Silverado necessarily result in an increase in insurance costs. In fact, some may actually lower your insurance rates. Examples include anti-theft and base hit devices, according to the Idaho Department of Insurance .
Silverado options that fall into these categories include anti-lock brakes and side airbags. other devices that can frequently lower policy costs include vehicle dismay systems, tracking systems, and automatic seat belts .
A modern model besides comes with a limited guarantee, which may save you money on indemnity. Since you don ’ triiodothyronine want to duplicate insurance coverage, you can use the coverage under your guarantee to substitute for collision or comprehensive examination coverage while the guarantee is in effect. Once it expires, you can then add those types of coverage to your policy .

Chevrolet offers warranties even with the most basic 1500 at the lowest trim level .

These include bumper-to-bumper coverage for three years or 36,000 miles, powertrain/drivetrain coverage for five years or 100,000 miles, and roadside aid and courtesy transportation for five class or 100,000 miles .
Although your used or existing Silverado may be past the manufacturer ’ s guarantee partition, you can hush look into installing anti-theft and base hit devices. These devices may lower your premium while offering you an promote degree of safety and security .

Factors That May Work Against Insurance Costs

The high price of a brand new elaborate Silverado may work against you for indemnity prices, although the latest base hit and security devices Chevy offers may help even it out a bit. Chevy life-size trucks are besides a blistering commodity for thieves, as noted by the National Insurance Crime Bureau .

The 1999 life-size Chevy pickup ranked in at No. 7 on the NICB ’ s top 10 list of most steal vehicles for 2011 .

This may increase the monetary value of insurance if you happen to have a Silverado that fits those parameters .
The means you use your truck could besides work against you when it comes to indemnity costs. This may specially apply if you systematically use it
In general, insuring a vehicle you use only for pleasure is less dearly-won than insuring one you use to drive to work every sidereal day. Add work-related hauls and activities and policy cost may increase even more .
One more factor in your insurance rates is your overall annual mileage. Low annual mileage typically keeps rates on the lower end of the scale, while a high annual mileage leads to higher rates.
Storing or parking your truck in a batten lot or localization may net you lower rates that keeping it on the street. A street or open location is more likely to invite larceny .
Where you live and drive the hand truck may besides play a part. rural locations with few chances of accidents or thefts normally mean lower rates than highly populated urban locations .

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Personal Factors That Determine Insurance Rates

other factors that play a region in your indemnity rates have little or nothing to do with your Silverado but everything to do with you. Your drive record is one of the top factors in this class, according to the Texas Department of Insurance .
If your record is rife with accidents, insurance claims, and violations, you are likely to face a higher insurance rate than someone with a squeaky-clean record .
The Texas DOI besides takes into report if you ’ ve ever drive uninsured in the state and early states may follow suit. Any mark on your phonograph record may mean a hike in the premium .
Your age, gender, and marital condition are besides taken into report when determining rates. While marital condition does not seem to be a major divisor for older drivers, statistics show younger marry drivers by and large have a safer drive record than younger single drivers do .

The Texas DOI says the highest rates normally go to young male drivers, under age 25, and young female drivers under age 21 .

On the flipside of the policy rate scale, motorists over old age 50 are much eligible ripen driver discounts .
One more personal factor that can play a part in your cable car indemnity rates is your credit score. A solid history of paying your bills on fourth dimension and a cocksure credit report may net you lower rates than a poor credit denounce .

Types of Insurance Coverage Available

Obtaining indemnity that complies with your state laws is the first rate to start when insuring your Silverado. Most states generally require bodily injury indebtedness and property damage indebtedness .
The Illinois Department of Insurance explains indebtedness coverage takes care of the price or injury you cause to others in an accident for which you were at defect .
States may also require uninsured or underinsured motorist coverage, again for bodily injuries or property damage. These types of insurance embrace damage to your own fomite or your own injuries if the other person is at fault but has insufficient coverage to meet your needs .
physical wrong coverage, which consists of collision and comprehensive examination, cover the damage to your Silverado. It normally kicks in regardless of who is at demerit for the accident .
here ’ south where it may be worth it to opt for a higher restrict on a newer Silverado, evening if it increases your premium since the value of your truck is even high .
collision covers damage from a collision while comprehensive examination covers damage from events other than a collision. Vandalism, storm damage, fire, and theft fall under comprehensive .

Optional Coverage for Your Chevy Silverado

cable car insurance companies may offer a broad diverseness of optional coverage. These types are by and large not required by state police and increase your premium. Choices may include tow, car lease reimbursement, and custom equipment .
If your Silverado is still covered under the roadside warranty, towing coverage would duplicate the coverage that you already have until the warranty expires .
car rental reimbursement pays you back for the price of renting a car while your Silverado is inoperable and being repaired .
Custom equipment takes caution of extra electronics or other after-market features you may add to your hand truck. A stereo system, GPS map, and tracking devices may fall into the custom equipment category .

Companies may besides offer aesculapian payment and accidental death benefit coverage, the Illinois DOI says .

The former reimburses you for medical bills resulting from an accident that cost more than the bodily injury coverage limits. The latter pays a set sum to the family of the see if the guarantee dies from accident-related causes.

If you are leasing a Silverado rather of buying one outright, another character of policy may be utilitarian for you. GAP coverage for lease vehicles takes into account the Silverado ’ s actual cash value and the measure you still need to pay on the lease. It then pays the deviation between the two .
Check out premiums on versatile types of coverage using our free quotation tool below ! Just enter your ZIP code and start comparing rates now !

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