Buy Cheap Chevrolet Silverado Auto Insurance in 2023
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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Written by
Sara Routhier |
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Reviewed by
Cynthia Lanctot
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UPDATED: Jul 16, 2021
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: Jul 16, 2021
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.
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 | |||
Compare Free Chevrolet Silverado Insurance Quotes Online
Save on your Chevrolet Silverado car insurance rates by taking advantage of our FREE comparison tool.
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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.
|
Written by
Sara Routhier |
|
Reviewed by
Cynthia Lanctot
|