Chevrolet Silverado Insurance Rates
Enter your zip code below to view companies that have cheap auto insurance rates.
UPDATED: Apr 29, 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 car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different 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.
U.S. average insurance prices for a Chevrolet Silverado are $1,458 every 12 months including full coverage. Comprehensive insurance costs approximately $284, collision costs $524, and liability coverage costs around $470. A policy with just liability insurance costs as low as $536 a year, with coverage for high-risk drivers costing $3,158 or more. Teen drivers pay the highest rates at $5,542 a year or more.
Average premium for full coverage: $1,458
Price estimates by individual coverage:
Estimates include $500 policy deductibles, 30/60 split liability limits, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all 50 U.S. states and for different Silverado trim levels.
Price Range from Low to High
For the average 40-year-old driver, Chevrolet Silverado insurance prices go from the cheapest price of $536 for liability-only coverage to a much higher rate of $3,158 for a high-risk insurance policy.
Geographic Price Range
Where you live has a large influence on car insurance prices. Rural locations have more infrequent comprehensive and collision claims than larger metro areas.
The price range example below illustrates the difference location can make on auto insurance prices.
The ranges above highlight why anyone shopping for car insurance should compare prices using their specific location and their own driving history, rather than using price averages.
Use the form below to get customized rates for your location.
Enter your zip code below to view companies based on your location that have cheap auto insurance rates.
Additional Charts and Tables
The chart below breaks down estimated Chevrolet Silverado insurance rates for additional coverage and risk scenarios.
- The lowest rate with discounts is $845
- Using higher $1,000 deductibles will save $184 every year
- The average price for the average middle-age driver who chooses $500 deductibles is $1,458
- Choosing more expensive low deductibles for physical damage coverage costs an extra $356 each year
- Higher-risk drivers with multiple violations and an at-fault accident could pay around $3,158 or more
- The price to insure a teenage driver with full coverage can cost $5,542 or more
Insurance prices for a Chevrolet Silverado are also quite variable based on deductibles and policy limits, your driving characteristics, and the model of your Silverado.
Choosing high deductibles could cut prices by as much as $540 a year, while increasing your policy's liability limits will push prices upward. Changing from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $375 more per year. View Rates by Deductible or Liability Limit
An older driver with a clean driving record and higher deductibles may only pay around $1,400 a year for full coverage. Prices are highest for teenage drivers, since even excellent drivers can expect to pay in the ballpark of $5,500 a year. View Rates by Age
If you have some driving violations or you were responsible for an accident, you are likely paying anywhere from $1,700 to $2,400 extra each year, depending on your age. High-risk driver insurance can be around 43% to 130% more than average. View High Risk Driver Rates
The state you live in has a huge impact on Chevrolet Silverado insurance rates. A driver around age 40 might see prices as low as $1,120 a year in states like Vermont, New Hampshire, and Missouri, or as much as $2,080 on average in Louisiana, New York, and Michigan.
| State | Premium | Compared to U.S. Avg | Percent Difference |
|---|---|---|---|
| Alabama | $1,316 | -$142 | -9.7% |
| Alaska | $1,118 | -$340 | -23.3% |
| Arizona | $1,210 | -$248 | -17.0% |
| Arkansas | $1,458 | -$0 | 0.0% |
| California | $1,660 | $202 | 13.9% |
| Colorado | $1,392 | -$66 | -4.5% |
| Connecticut | $1,498 | $40 | 2.7% |
| Delaware | $1,650 | $192 | 13.2% |
| Florida | $1,824 | $366 | 25.1% |
| Georgia | $1,346 | -$112 | -7.7% |
| Hawaii | $1,046 | -$412 | -28.3% |
| Idaho | $986 | -$472 | -32.4% |
| Illinois | $1,084 | -$374 | -25.7% |
| Indiana | $1,098 | -$360 | -24.7% |
| Iowa | $984 | -$474 | -32.5% |
| Kansas | $1,384 | -$74 | -5.1% |
| Kentucky | $1,988 | $530 | 36.4% |
| Louisiana | $2,158 | $700 | 48.0% |
| Maine | $900 | -$558 | -38.3% |
| Maryland | $1,202 | -$256 | -17.6% |
| Massachusetts | $1,164 | -$294 | -20.2% |
| Michigan | $2,530 | $1,072 | 73.5% |
| Minnesota | $1,220 | -$238 | -16.3% |
| Mississippi | $1,748 | $290 | 19.9% |
| Missouri | $1,292 | -$166 | -11.4% |
| Montana | $1,566 | $108 | 7.4% |
| Nebraska | $1,148 | -$310 | -21.3% |
| Nevada | $1,748 | $290 | 19.9% |
| New Hampshire | $1,050 | -$408 | -28.0% |
| New Jersey | $1,630 | $172 | 11.8% |
| New Mexico | $1,290 | -$168 | -11.5% |
| New York | $1,538 | $80 | 5.5% |
| North Carolina | $840 | -$618 | -42.4% |
| North Dakota | $1,192 | -$266 | -18.2% |
| Ohio | $1,006 | -$452 | -31.0% |
| Oklahoma | $1,496 | $38 | 2.6% |
| Oregon | $1,334 | -$124 | -8.5% |
| Pennsylvania | $1,388 | -$70 | -4.8% |
| Rhode Island | $1,944 | $486 | 33.3% |
| South Carolina | $1,322 | -$136 | -9.3% |
| South Dakota | $1,230 | -$228 | -15.6% |
| Tennessee | $1,274 | -$184 | -12.6% |
| Texas | $1,754 | $296 | 20.3% |
| Utah | $1,078 | -$380 | -26.1% |
| Vermont | $998 | -$460 | -31.6% |
| Virginia | $872 | -$586 | -40.2% |
| Washington | $1,124 | -$334 | -22.9% |
| West Virginia | $1,336 | -$122 | -8.4% |
| Wisconsin | $1,008 | -$450 | -30.9% |
| Wyoming | $1,298 | -$160 | -11.0% |
Since prices can be so different, the best way to figure out who has the best auto insurance prices is to compare prices and see how they stack up. Each insurance company uses a different rate calculation, so the prices may be quite different.
Insurance Rates by Trim Level and Model Year
| Model and Trim | Annual Premium | Monthly Premium |
|---|---|---|
| LS Regular Cab 2WD | $1,252 | $104 |
| LS Regular Cab 4WD | $1,218 | $102 |
| LT Regular Cab 2WD | $1,376 | $115 |
| LT Regular Cab | $1,376 | $115 |
| LS Extended Cab 4WD | $1,328 | $111 |
| LT Extended Cab 4WD | $1,328 | $111 |
| LS Extended Cab 2WD | $1,416 | $118 |
| LT Extended Cab 2WD | $1,416 | $118 |
| LS Crew Cab 2WD | $1,458 | $122 |
| LT Crew Cab 2WD | $1,458 | $122 |
| LS Crew Cab 4WD | $1,382 | $115 |
| LT Crew Cab 4WD | $1,382 | $115 |
| LTZ Extended Cab 2WD | $1,498 | $125 |
| LTZ Extended Cab 4WD | $1,422 | $119 |
| LTZ Crew Cab 2WD | $1,540 | $128 |
| LTZ Crew Cab 4WD | $1,464 | $122 |
| Crew Cab Hybrid 2WD | $1,492 | $124 |
| Crew Cab Hybrid 4WD | $1,528 | $127 |
Rates assume 2021 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.
| Model Year | Comprehensive | Collision | Liability | Total Premium |
|---|---|---|---|---|
| 2024 Chevrolet Silverado | $322 | $562 | $420 | $1,484 |
| 2023 Chevrolet Silverado | $306 | $542 | $440 | $1,468 |
| 2022 Chevrolet Silverado | $294 | $536 | $450 | $1,460 |
| 2021 Chevrolet Silverado | $284 | $524 | $470 | $1,458 |
| 2019 Chevrolet Silverado | $260 | $484 | $500 | $1,424 |
Rates are averaged for all Chevrolet Silverado models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.
How to Shop for Low Cost Chevrolet Silverado Insurance
Getting lower rates on auto insurance requires being safe and accident-free, having good credit, being claim-free, and maximizing policy discounts. Make time to compare rates at least every other year by obtaining price quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from your local car insurance providers.
Below you'll find a review of the car insurance concepts touched on in this article.
- Drivers who have several accidents or serious violations could be charged and average of $1,700 more per year than a low-risk driver
- You may be able to save around $170 per year simply by shopping early and online
- Increasing physical damage deductibles could save as much as $550 each year
- Consumers who purchase more liability protection will pay about $520 per year to increase from a low limit to a 250/500 level
Rate Tables and Charts
Rates by Driver Age
| Driver Age | Premium |
|---|---|
| 16 | $5,542 |
| 20 | $3,374 |
| 30 | $1,512 |
| 40 | $1,458 |
| 50 | $1,334 |
| 60 | $1,310 |
Full coverage, $500 deductibles
Rates by Deductible
| Deductible | Premium |
|---|---|
| $100 | $1,814 |
| $250 | $1,650 |
| $500 | $1,458 |
| $1,000 | $1,274 |
Full coverage, driver age 40
Rates by Liability Limit
| Liability Limit | Premium |
|---|---|
| 30/60 | $1,458 |
| 50/100 | $1,611 |
| 100/300 | $1,715 |
| 250/500 | $1,986 |
| 100 CSL | $1,653 |
| 300 CSL | $1,882 |
| 500 CSL | $2,048 |
Full coverage, driver age 40
Rates for High Risk Drivers
| Age | Premium |
|---|---|
| 16 | $7,890 |
| 20 | $5,368 |
| 30 | $3,218 |
| 40 | $3,158 |
| 50 | $3,016 |
| 60 | $2,988 |
Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident
If a financial responsibility filing is required, the additional charge below may also apply.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
| Discount | Savings |
|---|---|
| Multi-policy | $77 |
| Multi-vehicle | $77 |
| Homeowner | $22 |
| 5-yr Accident Free | $105 |
| 5-yr Claim Free | $94 |
| Paid in Full/EFT | $65 |
| Advance Quote | $71 |
| Online Quote | $102 |
| Total Discounts | $613 |
Discounts are estimated and may not be available from every company or in every state.
Compare Rates and Save
Find companies with the cheapest rates in your area
Secured with SHA-256 Encryption
