Finding cheap auto insurance for a Chevy Silverado in California doesn’t take a lot of effort, but it relies on a lot of factors such as whether the vehicle is new, what you do for a living, and citations or violations on your driving record. California drivers pay on average $1,785 per year to insure their Silverado, but that is a projection using a 30-year-old single male driver with full coverage and $250 deductibles.
It’s more than likely you may not be 30 years old (or even male), possibly married instead of single, or maybe you live in a different area as the quoted rates. Having even a minor difference in policy rating criteria or coverages can make a big difference in the policy cost.
This illustrates why the only real way to find cheap auto insurance rates for your Chevrolet is to do a thorough rate comparison. In just a few minutes you will be able to compare rates from the best auto insurance companies that offer coverage in California.
Cheapest Chevrolet Silverado Insurance Rates
The trim level of your Silverado tends to impact the insurance rate, so the price you will be charged to insure a Silverado LS Regular Cab 2WD model will be $356 cheaper than the cost to insure the more well-appointed Silverado Crew Cab Hybrid 4WD trim level, as shown in the table below.
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
Silverado LS Regular Cab 2WD | $340 | $472 | $654 | $38 | $196 | $1,700 | $142 |
Silverado LS Regular Cab 4WD | $340 | $472 | $578 | $34 | $174 | $1,598 | $133 |
Silverado LT Regular Cab 2WD | $390 | $576 | $654 | $38 | $196 | $1,854 | $155 |
Silverado LT Regular Cab | $390 | $576 | $654 | $38 | $196 | $1,854 | $155 |
Silverado LS Extended Cab 4WD | $390 | $576 | $578 | $34 | $174 | $1,752 | $146 |
Silverado LT Extended Cab 4WD | $390 | $576 | $578 | $34 | $174 | $1,752 | $146 |
Silverado LT Extended Cab 2WD | $390 | $576 | $654 | $38 | $196 | $1,854 | $155 |
Silverado LS Extended Cab 2WD | $390 | $576 | $654 | $38 | $196 | $1,854 | $155 |
Silverado LT Crew Cab 4WD | $440 | $678 | $578 | $34 | $174 | $1,904 | $159 |
Silverado LS Crew Cab 2WD | $440 | $678 | $654 | $38 | $196 | $2,006 | $167 |
Silverado LS Crew Cab 4WD | $440 | $678 | $578 | $34 | $174 | $1,904 | $159 |
Silverado LT Crew Cab 2WD | $440 | $678 | $654 | $38 | $196 | $2,006 | $167 |
Silverado LTZ Extended Cab 2WD | $440 | $678 | $654 | $38 | $196 | $2,006 | $167 |
Silverado LTZ Extended Cab 4WD | $440 | $678 | $578 | $34 | $174 | $1,904 | $159 |
Silverado LTZ Crew Cab 2WD | $440 | $678 | $654 | $38 | $196 | $2,006 | $167 |
Silverado LTZ Crew Cab 4WD | $440 | $678 | $578 | $34 | $174 | $1,904 | $159 |
Silverado Crew Cab Hybrid 2WD | $440 | $780 | $578 | $34 | $174 | $2,006 | $167 |
Silverado Crew Cab Hybrid 4WD | $490 | $780 | $578 | $34 | $174 | $2,056 | $171 |
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Data rating is based on single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, homeowner, and claim-free. Premium amounts do not factor in specific San Diego garaging location which can decrease or increase price quotes noticeably.
Comparing rates for low-cost auto insurance is confusing at best, and figuring out which companies have the cheapest insurance rates for a Chevy Silverado will require even more diligence. Every insurance company uses a different method to determine premium rates, so we need to take a look at the most affordable insurance companies in California.
Find the Best Cheap Insurance for Your Silverado Truck
Rank | Company | Cost Per Year |
---|---|---|
1 | USAA | $1,143 |
2 | Wawanesa | $1,192 |
3 | Nationwide | $1,213 |
4 | Century National | $1,214 |
5 | CSAA | $1,222 |
6 | 21st Century | $1,366 |
7 | Grange | $1,491 |
8 | GEICO | $1,513 |
9 | Mercury | $1,533 |
10 | Progressive | $1,542 |
11 | Allstate | $1,543 |
12 | The Hartford | $1,575 |
13 | MetLife | $1,590 |
14 | Allied | $1,603 |
15 | State Farm | $1,682 |
16 | Esurance | $1,688 |
17 | Unitrin | $1,750 |
18 | Travelers | $1,788 |
19 | Bristol West | $1,849 |
20 | Farmers | $1,946 |
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USAA generally has some of the cheapest car insurance rates in San Diego at around $1,143 a year. Wawanesa, Nationwide, Century National, and CSAA would also make the list of some of the more affordable San Diego, CA insurance companies.
As illustrated above, if you buy coverage from Nationwide and switched to USAA, you may realize an annual savings of about $70. Insureds with Century National could save as much as $71 a year, and CSAA insureds might realize rate reductions of up to $79 a year.
To find out how much you can save, click here to get a free quote or click several companies below for low rates.
Be aware that those premiums are averaged across all types of drivers and the different vehicles they drive and are not factoring in a specific zip code for a Chevy Silverado. So the company that can offer you the best rate may not even be in the top 24 companies shown above. That points out the importance of why you need to compare as many prices as possible using your own driver data and vehicle information.
Full coverage rates compared to liability only
Finding the cheapest insurance should be important to the majority of drivers, and one great way to pay lower rates for insurance for a Chevy Silverado is to not pay for full coverage. The information below compares premium costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The premiums are based on no accidents, no driving violations, $500 deductibles, drivers are not married, and no discounts are applied to the premium.
If we average all the age groups together, full coverage on your policy costs $2,618 per year over liability only. That brings up the question when is the right time to remove full coverage. There is no written rule to stop buying full coverage, but there is a general guideline you can use. If the annual cost of having full coverage is more than about 10% of any settlement you would receive from your insurance company, then you might want to think about dropping full coverage.
The example below illustrates how your choice of deductibles can raise or lower insurance costs when getting quotes for cheap insurance for a Chevy Silverado. The costs are based on a married female driver, comprehensive and collision coverage, and no discounts are taken into consideration.
The chart above illustrates that a 40-year-old driver could pocket $420 a year by increasing from a $100 deductible up to a $500 deductible, or save $634 by using a $1,000 deductible. Younger drivers, such as the 20-year-old chart data, can save $1,042 annually by using higher deductibles when buying full coverage. When raising deductibles, it is important to have enough in a savings account to enable you to cover the extra out-of-pocket expense. This is the primary disadvantage of choosing high deductibles.
How to find economical car insurance for a Chevy Silverado
Lowering your rates is not difficult, and here are some of the recommended penny-pinching ideas that can help you find low-cost coverage.
- Avoid accidents and claims
- Raise deductibles to save money
- Buy a car with high safety ratings
- Full coverage may not be needed on older vehicles
- Higher credit scores may earn you cheaper rates
- Do not get traffic violations
- Shop around for cheaper rates regularly
The last item on the list is notably important, as was pointed out in the prior information. Rates in San Diego change a lot, so drivers shouldn’t be resistant to switch carriers if a cheaper price is available. Brand loyalty is great, but it’s not a good idea if that inflexibility results in costing you money that could be spent on other things. It only take a few minutes to shop around to find cheaper car insurance for a Chevy Silverado.
If you have questions and prefer to get help from a professional when comparing insurance rates for a Silverado pickup, the insurance agencies below can most likely provide answers to your questions and help you determine which auto insurance coverages would be the best in your situation.
To locate a San Diego car insurance agency near you, click the button at the bottom or click here to compare price quotes.
- Bill Flanigan – State Farm Insurance Agent
8888 Clairemont Mesa Blvd n – San Diego, CA 92123 – (858) 279-2173 - Fred Shadlow – State Farm Insurance Agent
7332 Casper Dr – San Diego, CA 92119 – (619) 464-4261 - Duane Werner – State Farm Insurance Agent
6663 El Cajon Blvd j – San Diego, CA 92115 – (619) 668-5414 - Oversea Insurance Agency, Inc
1274 Scott St – San Diego, CA 92106 – (800) 266-2662