Finding affordable insurance for a Chevy Silverado in California hinges on a whole bunch of factors such as your marital status, your geographic location, and any prior driving offenses. California drivers pay approximately $1,785 a year for Silverado insurance, but that price is an estimate calculated based on a 30-year-old single male driver with full coverage and $250 deductibles.
There’s a high likelihood you’re not a 30-year-old male, maybe you are married instead of single, and you may just want the cheapest liability coverage you can find. Even a slight change in the rating criteria used to formulate rates can result in a big discrepancy in the policy cost.
Auto insurance requires individual risk assessment, so the only real way to find cheap auto insurance rates for your Chevrolet is to compare as many rates as possible. Do a quick rate comparison now and you will receive rate quotes from the cheapest companies that offer coverage in California.
The specific trim level will be a contributing factor to the insurance rate, so the price you will pay to insure a Silverado LS Regular Cab 2WD model will be $356 lower than the insurance cost for the higher-priced 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 based on single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Price estimates do not factor in vehicle garaging location which can impact coverage prices noticeably.
Choosing the highest-rated car insurance company can be a challenge considering how many different companies insure vehicles in California. The rank data listed below may help you choose which auto insurance companies you want to consider when insurance shopping for a Chevy Silverado. These rankings are only comprised of insurance companies that insure vehicles in the majority of U.S. states, so companies with more of a regional focus are not taken into consideration for the list.
Top 10 Large Car Insurance Companies in Irvine Ranked by A.M. Best Rating
- USAA – A++
- Travelers – A++
- State Farm – A++
- GEICO – A++
- Esurance – A+
- Nationwide – A+
- Allstate – A+
- Mercury Insurance – A+
- Progressive – A+
- Titan Insurance – A+
Top 10 Large Car Insurance Companies Overall in Irvine
- American Family
- AAA of Southern California
- State Farm
- The Hartford
- AAA Insurance
- The General
- Titan Insurance
The example below demonstrates how deductible levels can influence insurance premiums when searching for cheap insurance for a Chevy Silverado. The premiums assume a married female driver, full coverage, and no discounts are taken into consideration.
A 50-year-old driver could lower their policy premium by $360 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $544 by using a $1,000 deductible. Even younger drivers, like the 20-year-old, could potentially save as much as $896 annually by selecting a higher deductible.
When using a larger deductible, it is essential to have enough spare savings to satisfy the extra out-of-pocket expense that is associated with using high deductibles.
The importance of comparing Silverado insurance rates
Irvine, CA auto insurance rates are impacted by many factors which can significantly increase or decrease your annual premium. Getting older, marrying your spouse, or getting a reckless driving citation may prompt premium changes that may make certain companies more affordable than competitors. In addition, auto insurance companies amend pricing every year or even multiple times each year in order to remain profitable. Unexpectedly high claims may result in increased rates, while a lower level of claims may result in lower-priced Silverado insurance rates.
To illustrate this example, the bar chart below shows the cheapest car insurance in Irvine, CA for a 45-year-old male driver with no accidents, a clean driving record, and a decent credit rating. If we estimate rates based on his current risk profile, USAA may have the cheapest car insurance rates in Irvine at $1,126 per year. This is $525 less than the average rate paid by California drivers of $1,651. CSAA, Wawanesa, Century National, and Nationwide are the remaining cheapest Irvine, CA auto insurance companies.
Let’s now give the driver from the first set of rates a chargeable claim, less-than-perfect credit, and a traffic ticket or two. Because each insurer has their own process to determining premium rates, comparing rates may now result in a new list of the cheapest car insurance companies in Irvine as shown below.
Grange now has the best insurance rate in Irvine, CA with Mercury, Allstate, GEICO, and Allied also being competitive. This example shows why California drivers need to shop around to get the most economical car insurance rates for a Chevy Silverado. Insurance rates can be determined by many things and change substantially, so the best option the last time you compared rates may now be quite expensive.