Buy Cheap Chevrolet Silverado Auto Insurance in 2024
The cost of Chevrolet Silverado car insurance rates are $1,484 a year, or around $124 a month on average. On average, comprehensive coverage costs $361, collision coverage costs $528, and liability coverage costs $419 for Chevrolet Silverado insurance.
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Ty Stewart
Licensed Insurance Agent
Ty Stewart is the founder and CEO of SimpleLifeInsure.com. He started researching and studying about insurance when he got his first policy for his own family. He has been featured as an insurance expert speaker at agent conventions and in top publications. As an independent licensed insurance agent, he has helped clients nationwide to secure affordable coverage while making the process simpl...
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UPDATED: Jan 26, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our auto insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different auto insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Jan 26, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our auto insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different auto insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
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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
Are you searching for cheap Chevrolet Silverado insurance rates? Good drivers can save as much as $612 a year by earning policy discounts. Our guide dissects insurance rates for a Chevrolet Silverado, so drivers can find the best ways to save.
You can start comparing quotes for Chevrolet Silverado car insurance rates from some of the best car insurance companies by using our free online tool now.
Chevrolet Silverado Insurance Cost
The average Chevrolet Silverado car insurance costs are $1,484 a year or $124 a month.
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Are Chevrolet Silverados Expensive to Insure?
The chart below details how Chevrolet Silverado insurance rates compare to other trucks like the Ford F-150, Ford Ranger, and GMC Canyon.
| Vehicle | Comprehensive | Collision | Liability | Total |
| Chevrolet Silverado | $322 | $562 | $420 | $1,484 |
| Ford F-150 | $322 | $470 | $372 | $1,322 |
| Ford Ranger | $254 | $470 | $372 | $1,254 |
| GMC Canyon | $270 | $478 | $398 | $1,304 |
| GMC Sierra | $336 | $594 | $372 | $1,460 |
| Toyota Tundra | $320 | $512 | $440 | $1,452 |
| Dodge Ram | $362 | $562 | $420 | $1,524 |
However, there are a few things you can do to find the cheapest Chevrolet insurance rates online.
Read more: Buy Cheap GMC Auto Insurance
What Impacts the Cost of Chevrolet Silverado Insurance?
The Chevrolet Silverado trim and model you choose can impact the total price you will pay for Chevrolet Silverado car insurance coverage.
Age of the Vehicle
Older Chevrolet Silverado models generally cost less to insure. For example, auto insurance rates for a 2020 Chevrolet Silverado are $1,484, while 2010 Chevrolet Silverado rates 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 |
Driver Age
Driver age can have a significant impact on Chevrolet Silverado auto insurance rates. As an example, a 40-year-old driver could pay $157 less each month for their Chevrolet Silverado auto insurance compared to a 20-year-old driver.
Driver Location
Where you live can have a large impact on Chevrolet Silverado insurance rates. For example, drivers in Los Angeles may pay $213 a year more than drivers in Houston.
Your Driving Record
Your driving record can have an impact on the cost of Chevrolet Silverado auto insurance. Teens and drivers in their 20’s see the highest jump in their Chevrolet Silverado auto insurance rates with violations on their driving record.
Chevrolet Silverado Safety Ratings
Your Chevrolet Silverado auto insurance rates are influenced by the Chevrolet Silverado’s safety ratings. See the breakdown 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 | |
Chevrolet Silverado Crash Test Ratings
Not only do good Chevrolet Silverado crash test ratings mean you are better protected in a crash, but good crash ratings also mean cheaper Chevrolet Silverado auto insurance rates.
| 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 | ||||
|---|---|---|---|---|
Chevrolet Silverado Safety Features
Having a variety of safety features on your Chevrolet Silverado can help lower your Chevrolet Silverado insurance costs. The Chevrolet Silverado’s safety features include:
- Front-impact air bags
- Side-impact air bags
- Overhead air bags
- Anti-lock braking system
- Vehicle security system
- Stability control
- Seatbelt pretensioners
- Adaptive cruise control cameras
Chevrolet Silverado Insurance Loss Probability
The lower percentage means lower Chevrolet Silverado car insurance rates; higher percentages mean higher Chevrolet Silverado auto insurance rates. Insurance loss probability on the Chevrolet Silverado fluctuates between 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 | |
Chevrolet Silverado Finance and Insurance Cost
When financing a Chevrolet Silverado, most lenders will require your carry higher Chevrolet Silverado coverage options including comprehensive coverage, so be sure to shop around and compare Chevrolet Silverado car insurance rates from the best companies using our FREE tool below.
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Ways to Save on Chevrolet Silverado Insurance
Save more on your Chevrolet Silverado car insurance rates. Take a look at the following five strategies that will get you the best Chevrolet Silverado auto insurance rates possible.
- Apply for Your Full, Unrestricted License as Soon as You’re Eligible
- Never Drink and Drive Your Chevrolet Silverado
- Use an Accurate Job Title When Requesting Chevrolet Silverado Auto Insurance
- Ask for a Higher Deductible for Your Chevrolet Silverado Insurance Policy
- Get Married and Ask for a Discount
Top Chevrolet Silverado Insurance Companies
Several top car insurance companies offer competitive rates for the Chevrolet Silverado rates based on factors like discounts for safety features. Take a look at this list of top car insurance companies that are popular with Chevrolet Silverado drivers organized by market share.
| 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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Frequently Asked Questions
What factors can affect the cost of auto insurance for a Chevrolet Silverado?
The cost of auto insurance for a Chevrolet Silverado can be influenced by various factors, including your location, driving record, age, gender, credit score, the level of coverage you choose, deductibles, and the specific model and year of the Chevrolet Silverado.
Are there any specific discounts available for insuring a Chevrolet Silverado?
Yes, there are several discounts available for insuring a Chevrolet Silverado. Common discounts include safe driver discounts, multi-vehicle discounts, multi-policy discounts (when bundling auto insurance with other policies), and discounts for safety features such as anti-lock brakes, airbags, and anti-theft systems. It’s recommended to inquire with insurance providers to determine which discounts you may qualify for.
What are the recommended coverage options for insuring a Chevrolet Silverado?
The recommended coverage options for insuring a Chevrolet Silverado typically include liability coverage, which is typically required by law, to cover injuries or damages to others in an accident you cause. Additionally, comprehensive and collision coverage can protect your vehicle against theft, vandalism, accidents, and other non-collision incidents. The specific coverage needs may vary based on your circumstances, so it’s advisable to consult with an insurance agent to determine the appropriate coverage levels.
How can I find cheap auto insurance for a Chevrolet Silverado?
To find cheap auto insurance for a Chevrolet Silverado, consider the following steps:
- Shop around and obtain quotes from multiple insurance providers to compare prices.
- Maintain a good driving record by avoiding accidents and traffic violations.
- Inquire about available discounts, such as safe driver discounts or discounts for bundling multiple policies.
- Adjust your coverage options and deductibles based on your specific needs and budget.
- Consider installing safety features or anti-theft devices, as they may qualify you for additional discounts.
- Seek guidance from an independent insurance agent who can help you explore different options and find the most affordable coverage.
Are there any specific considerations for insuring a Chevrolet Silverado?
When insuring a Chevrolet Silverado, it’s important to consider factors such as the vehicle’s size, weight, towing capacity, and potential usage for commercial purposes. If you use your Silverado for business activities, you may need to explore commercial auto insurance options. Additionally, reviewing and understanding the terms, conditions, and exclusions of your insurance policy is crucial to ensure you have adequate coverage.
Can I get special insurance coverage for customized or modified Chevrolet Silverado vehicles?
If you have customized or modified your Chevrolet Silverado, it’s important to inform your insurance provider. Some insurers may offer special coverage options for aftermarket additions or modifications, while others may require additional coverage or endorsements. It’s advisable to discuss your specific modifications with your insurance agent to ensure proper coverage.
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Ty Stewart
Licensed Insurance Agent
Ty Stewart is the founder and CEO of SimpleLifeInsure.com. He started researching and studying about insurance when he got his first policy for his own family. He has been featured as an insurance expert speaker at agent conventions and in top publications. As an independent licensed insurance agent, he has helped clients nationwide to secure affordable coverage while making the process simpl...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.