Finding cheap car insurance for a Chevy Silverado relies on many factors such as miles driven annually, whether or not you have prior claims, and any prior driving offenses. Drivers will pay around $1,946 annually to insure their Silverado, but that cost is a projection based on a 30-year-old single male driver with both comprehensive and collision coverage and $100 deductibles.
The issue with using an average estimated rate is the likelihood you are not 30 and maybe not even a male, maybe you are married instead of single, or maybe you want different physical damage deductibles. This shows why the only real way to find the cheapest insurance price for your Chevrolet is to put in the effort to do a thorough rate comparison. To cut your rates now, get a free quote and you will be able to compare rates from some of the most affordable companies around.
The specific trim level has an effect on the coverage cost, so the price you will be charged to insure a Silverado LS Regular Cab 2WD trim level will be $434 lower than the cost to insure the higher-priced Silverado Crew Cab Hybrid 4WD trim level, as shown in the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Silverado LS Regular Cab 2WD||$378||$564||$654||$38||$196||$1,830||$153|
|Silverado LS Regular Cab 4WD||$378||$564||$578||$34||$174||$1,728||$144|
|Silverado LT Regular Cab 2WD||$434||$686||$654||$38||$196||$2,008||$167|
|Silverado LT Regular Cab||$434||$686||$654||$38||$196||$2,008||$167|
|Silverado LS Extended Cab 4WD||$434||$686||$578||$34||$174||$1,906||$159|
|Silverado LT Extended Cab 4WD||$434||$686||$578||$34||$174||$1,906||$159|
|Silverado LT Extended Cab 2WD||$434||$686||$654||$38||$196||$2,008||$167|
|Silverado LS Extended Cab 2WD||$434||$686||$654||$38||$196||$2,008||$167|
|Silverado LT Crew Cab 4WD||$490||$810||$578||$34||$174||$2,086||$174|
|Silverado LS Crew Cab 2WD||$490||$810||$654||$38||$196||$2,188||$182|
|Silverado LS Crew Cab 4WD||$490||$810||$578||$34||$174||$2,086||$174|
|Silverado LT Crew Cab 2WD||$490||$810||$654||$38||$196||$2,188||$182|
|Silverado LTZ Extended Cab 2WD||$490||$810||$654||$38||$196||$2,188||$182|
|Silverado LTZ Extended Cab 4WD||$490||$810||$578||$34||$174||$2,086||$174|
|Silverado LTZ Crew Cab 2WD||$490||$810||$654||$38||$196||$2,188||$182|
|Silverado LTZ Crew Cab 4WD||$490||$810||$578||$34||$174||$2,086||$174|
|Silverado Crew Cab Hybrid 2WD||$490||$932||$578||$34||$174||$2,208||$184|
|Silverado Crew Cab Hybrid 4WD||$546||$932||$578||$34||$174||$2,264||$189|
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Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Premium costs do not factor in specific Fresno garaging location which can impact coverage rates substantially.
Picking the best company can be difficult considering how many companies are available to choose from in California. The ranking data listed below can help you analyze which insurers to look at when shopping insurance around for a Chevy Silverado. The ratings below only include companies who write in the majority of U.S. states, so companies that have a smaller presence are not factored into the list.
|Company||Value||Customer Service||Claims||Customer Satisfaction||A.M Best Rating||Overall Score|
|AAA of Southern California||91||94||97||92%||A+||94.1|
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Data Source: Insure.com Best Car Insurance Companies
Get discount Fresno car insurance
Car insurance companies that offer cheap quotes for a Chevy Silverado may have rate discounts that could lower prices by 30% or more if you qualify for them. Companies and a selection of discounts are detailed below.
- State Farm offers discounts including student away at school, defensive driving training, good student, Steer Clear safe driver discount, Drive Safe & Save, anti-theft, and multiple policy.
- GEICO has savings for five-year accident-free, membership and employees, multi-policy, seat belt use, good student, and emergency military deployment.
- SAFECO offers premium reductions for teen safe driver, safe driver, teen safety rewards, drive less, anti-lock brakes, and multi-car.
- Farmers Insurance may have discounts that include early shopping, homeowner, electronic funds transfer, alternative fuel, youthful driver, and business and professional.
- AAA discounts include multi-car, multi-policy, pay-in-full, AAA membership discount, good driver, and anti-theft.
- USAA includes discounts for family discount, new vehicle, safe driver, good student, and multi-vehicle.
The illustration below compares annual premium costs with and without discounts being applied to the rates. The prices are based on a female driver, no tickets, no at-fault accidents, California state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows insurance cost with no discounts. The second shows the rates with defensive driving course, homeowner, multiple policy, vehicle safety, accident-free, and multiple vehicle discounts applied. When taking advantage of discounts, the average yearly reduction on insurance for a Chevy Silverado is 28% or $747.
Why it’s important to shop around
Fresno, CA insurance rates are determined by lots of factors which can substantially change the cost of having a policy. Improving your credit score, buying a different home, or getting a speeding ticket can trigger rate changes that can cause some rates to be cheaper than others.
And not only may your rating factors change, but insurers change premium rates every year to ensure their profitability. Significantly higher claims may result in price increases, while lower claim expenses may cause lower-priced Silverado insurance rates.
To illustrate this example, the bar chart below shows the companies that have the cheapest car insurance in Fresno, CA for a 45-year-old male driver with no violations or accidents, and solid credit. When comparing rates based on his current situation, USAA has the most affordable car insurance rates in Fresno at $1,284 a year. This is $367 less than the average premium paid by California drivers of $1,651. Wawanesa, CSAA, Century National, and Nationwide round out the rest of the cheapest Fresno, CA auto insurance companies.
Now we will give the driver from the first example a chargeable claim, poor credit, and a speeding ticket. Because each company has a unique formula for filing rates in each state, analyzing rate quotes may now show a significantly different list of affordable companies as shown below.
Grange now has the lowest car insurance rate in Fresno, CA with Progressive, Mercury, Allstate, and GEICO also having competitive pricing. This example demonstrates why consumers need to take the time to do a thorough rate comparison when trying to find the most budget-friendly car insurance rates for a Chevy Silverado.
Rates can be determined by many things and can decrease or increase without notice, so the best option six months ago may now be one of the more expensive options.
If you like to get some help when shopping for cheaper insurance for a Chevy Silverado, the agencies below can probably aid you in deciding which coverage fits your budget. To find an agent by location nearest to you, click the button link following the list or click here to compare prices now.
Bulldog Insurance Agency
7975 N Cedar Ave – Fresno, CA 93720 – (559) 447-5000
3245 W Figarden Dr – Fresno, CA 93711 – (559) 256-2500
Reza Sarkhosh Insurance Agency, Inc.
2491 W Shaw Ave #124 – Fresno, CA 93711 – (559) 243-9000