The national average insurance cost for Chevy Silverado is around $1,638 yearly or $137 monthly for a full coverage policy. While the Silverado WT Regular Cab 4WD trim level is the cheapest to insure with an average yearly insurance cost of $1,444, the Silverado’s High Country Crew Cab 4WD model could be the most expensive as far as its insurance is concerned with an average cost of $1,792 per year. Besides, the insurance rates offered for Chevy Silverado may also vary depending on the exact make, model and year of manufacturing. Accordingly, the new 2022 Silverado model will cost $458 per year more to insure than previous versions. It only means that the 2022 Chevy Silverado can be compared to full-size trucks’ insurance with its insurance cost being just $19 less.
We specializes in providing education to drivers all over the United States about the ways in which car insurance costs can be reduced without compromising on the coverage levels. We also provide expert help online to get and compare the best as well as the cheapest free quote estimates online within minutes.
Read on to know more about the auto insurance rates provided for Chevrolet Silverado vehicles!
Even if the average insurance cost for Chevy Silverado is $1,638 per year or $137 per month, at an individual level, the premium costs may greatly vary. This is because the driver’s age, gender, past driving history, past credit record and deductibles are important factors which impact auto insurance rates directly. And premiums might also vary depending on the state in which you live. The following table may give you an idea regarding how age and deductible can affect insurance rates for 2022 Chevy Chevrolet model.
Driver Age Deductible Amount Yearly Insurance Rates
20 $250 $3,796
$500 $3,286
$1,000 $2,802
30$ $250 $1,998
$500 $1,722
$1,000 $1,454
40 $250 $1,894
$500 $1,638
$1,000 $1,394
50 $250 $1,726
$500 $1,494
$1,000 $1,276
60 $250 $1,694
$500 $1,466
$1,000 $1,252
In states like Vermont and Ohio, the average premium rates on car insurance for Chevy Silverado can be as low as $243 for a liability only coverage. But teen drivers can expect to pay significantly more to insure Chevy Silverado than drivers belonging to higher age groups. Besides, in states such as Philadelphia, PA, if a teen driver has multiple accidents and traffic violations on his or her driving record then the yearly insurance premium for Chevy Silverado could be as high as $13,644 per year for a full or comprehensive coverage auto insurance policy. However, insurance will decrease every year for drivers that have maintained clean driving record and good credit profile. You can talk to a local agent to learn more about current trends in yearly Chevy Silverado insurance rates.
But before you are out to fix an appointment with our agent, here is some information regarding the average insurance cost for Chevy Silverado vehicles’ cheapest and most expensive trim levels.
Cheapest Trim Levels To Insure
Chevrolet Silverado Model Yearly Insurance Rates Monthly Insurance Rates
WT Regular Cab 4WD $1,444 $120
WT Double Cab 4WD $1,502 $125
WT Regular Cab 2WD $1,514 $126
Expensive Trim Levels To Insure
Chevrolet Silverado Model Yearly Insurance Rates Monthly Insurance Rates
LTZ Crew Cab 4WD $1,744 $145
LT Crew Cab 2WD $1,772 $148
High Country Crew Cab 4WD $1,792 $149
With add-on features, the invoice price of cars will go up and so, the insurance rates will also increase. The same principle applies to Chevy Silverado models as well. You can learn more about auto insurance rates offered for Chevy Silverado versions by talking to our local agent.
Aliasinsurance.com is a 24 hour car insurance company that provides specialist assistance online to enable drivers find companies that offer round the clock claims support services. You can rely on fully our experts’ advice as they are knowledgeable and have the experience to guide drivers in making informed decisions on their purchase.
Few Important Things That You Need To Know About Car Insurance For Chevy Silverado.
1. By choosing higher deductibles it could be possible to reduce premium drastically.
2. By selecting a lower deductible, the premium will be higher and it can be a waste of money.
3. Teachers, architects, doctors, policemen, military members, nurses, fire fighters and such other specified categories of drivers could be entitled to get special discount on premiums.
4. Insurers also provide variety of other premium discounts that can help in lowering premium. See if you can qualify for these financial concessions and save money by consulting an agent.
5. If you are tagged as a high-risk driver then the average insurance cost for Chevy Silverado could be substantially high. In such a case, you may have to work with a high risk car insurance company.
6. Female drivers are deemed to be more responsible on road while driving cars and so, they may have to pay less than their male counterparts for Chevy Silverado insurance coverage.
7. Senior drivers with clean driving records will pay significantly less for auto insurance than young and teen drivers as they are safe drivers and qualify for a discount.
8. You can easily secure low sustainable insurance rates for Chevy Silverado if you have good credit. Drivers that have good credit are considered less risky propositions to insure than those who have bad credit.
Alias Insurance can also assist you to find the best car insurance for Chevy Silverado at the right price online through a process that is absolutely simple, easy and hassle-free. Take advantage of our online specialist services online to secure a solution that specifically caters to your driving needs and fits your budget.
