Chevrolet Silverado Car Insurance Cost 2025
The average cost to insure a Chevrolet Silverado is $1,867 per year. However, your actual premium may vary depending on factors like your age, the vehicle’s model year, and other personal details. Use the quote tables below to get a more accurate estimate tailored to your profile.
We’ve saved shoppers an average of $600 per year on their car insurance.
When considering buying a Chevrolet Silverado, it’s crucial to factor in the cost of insurance. Insurance is a significant aspect of owning a vehicle, and it’s vital to comprehend the financial obligation before making a decision. On average, insurance for a Chevrolet Silverado cost $1,867 per year.
Selecting the appropriate car insurance is essential to prevent unexpected and potentially costly surprises down the road. It’s crucial to have adequate coverage in case of an accident to avoid substantial out-of-pocket expenses. Additionally, being responsible for an accident could lead to higher premiums.
With over a decade of experience studying car insurance rates, I’ve noted the considerable variability in these costs. Factors such as your age, driving history, and location all play a significant role in determining your insurance premiums.
How Much Does A Chevrolet Silverado Car Insurance Cost?
Chevrolet Silverado drivers typically pay an average of $1,867 per year for car insurance.
It’s important to understand that car insurance costs can vary significantly based on various factors. These include your location, driving history, the model year of your vehicle, and the coverage options you choose. Maintaining a clean driving record can help you secure lower premiums, while a history of accidents or traffic violations may lead to higher costs.
Living in an urban area with heavy traffic typically results in higher insurance rates compared to rural areas with less congestion. Additionally, the type of coverage you select will affect your premium—comprehensive insurance, which includes both comprehensive and collision coverage, generally costs more than minimum liability coverage.
As shown in the table below, the insurance cost for a Chevrolet Silverado is lower compared to the average cost for all Chevrolet models. In fact, it is cheaper than the average cost for most vehicles.
Insuranceopedia is here to help you easily compare quotes from different auto insurance providers, ensuring you find the best deal that suits your needs.
| Vehicle | Average Monthly Premium |
| Chevrolet Silverado | $146 |
| All Chevrolets | $170 |
| All Cars | $175 |
Average Insurance Cost Of Chevrolet Silverado By Model Year
| Model Year | Average Premium |
| 2024 Chevrolet Silverado | $1,307 |
| 2023 Chevrolet Silverado | $643 |
| 2022 Chevrolet Silverado | $689 |
| 2021 Chevrolet Silverado | $526 |
| 2020 Chevrolet Silverado | $540 |
| 2019 Chevrolet Silverado | $583 |
| 2018 Chevrolet Silverado | $570 |
| 2017 Chevrolet Silverado | $714 |
| 2016 Chevrolet Silverado | $659 |
| 2015 Chevrolet Silverado | $570 |
| 2014 Chevrolet Silverado | $517 |
| 2013 Chevrolet Silverado | $367 |
| 2012 Chevrolet Silverado | $480 |
| 2011 Chevrolet Silverado | $496 |
| 2010 Chevrolet Silverado | $434 |
2024 Chevrolet Silverado Insurance Rates
The average annual insurance cost for a 2024 Chevrolet Silverado is $1,307. However, Safeco offers the cheapest rates, averaging $232 per year.
| Insurance Provider | Average Annual Cost |
| Dairyland | $763 |
| Capital Insurance Group | $1,067 |
| Auto-Owners Insurance Co | $1,989 |
| National General Value | $1,852 |
| USAA | $1,671 |
| Unitrin | $1,485 |
| Country | $2,029 |
| Safeco | $232 |
| SECURA Insurance | $1,039 |
| Nationwide | $941 |
2023 Chevrolet Silverado Insurance Rates
The average annual insurance cost for a 2023 Chevrolet Silverado is $643. However, Safeco offers the cheapest rates, averaging $104 per year.
| Insurance Provider | Average Annual Cost |
| New York Central Mutual Fire | $794 |
| Nationwide | $962 |
| American National P | $443 |
| AssuranceAmerica Mobile Max | $720 |
| NatGen Value | $296 |
| Pekin Insurance | $760 |
| Safeco | $104 |
| Direct General Insurance | $847 |
| Mercury Insurance | $711 |
| Texas Farm Bureau Group | $793 |
2022 Chevrolet Silverado Insurance Rates
The average annual insurance cost for a 2022 Chevrolet Silverado is $689. However, Safeco offers the cheapest rates, averaging $184 per year.
| Insurance Provider | Average Annual Cost |
| Kemper Personal Insurance | $187 |
| Nationwide | $880 |
| New York Central Mutual Fire | $768 |
| Concord Group | $525 |
| Erie | $941 |
| Safeco | $184 |
| Pekin Insurance | $872 |
| Buckeye Insurance Group | $866 |
| Mercury Insurance | $719 |
| PEMCO | $947 |
2021 Chevrolet Silverado Insurance Rates
The average annual insurance cost for a 2021 Chevrolet Silverado is $526. However, Jupiter Auto Insurance offers the cheapest rates, averaging $178 per year.
| Insurance Provider | Average Annual Cost |
| NatGen Advantage | $652 |
| Safeco | $299 |
| American National P | $717 |
| NatGen Custom 360 | $707 |
| Victoria | $265 |
| NatGen PPA | $677 |
| Dairyland FR Bond | $551 |
| Mercury Insurance | $659 |
| Jupiter Auto Insurance | $178 |
| Dairyland Broadform | $715 |
2020 Chevrolet Silverado Insurance Rates
The average annual insurance cost for a 2020 Chevrolet Silverado is $540. However, Kemper Personal Insurance offers the cheapest rates, averaging $68 per year.
| Insurance Provider | Average Annual Cost |
| Dairyland FR Bond | $798 |
| NatGen Custom 360 | $677 |
| Safeco | $291 |
| NatGen PPA | $715 |
| Mercury Insurance | $579 |
| American National P | $558 |
| Buckeye Insurance Group | $877 |
| MMG Insurance Company | $656 |
| Kemper Personal Insurance | $68 |
| AssuranceAmerica Mobile Max | $177 |
2019 Chevrolet Silverado Insurance Rates
The average annual insurance cost for a 2019 Chevrolet Silverado is $583. However, Safeco offers the cheapest rates, averaging $266 per year.
| Insurance Provider | Average Annual Cost |
| American National P | $616 |
| Commerce Group Inc | $853 |
| Safeco | $266 |
| Dairyland Broadform | $563 |
| Pekin Insurance | $932 |
| Dairyland FR Bond | $400 |
| Kemper Auto Premier | $292 |
| NatGen Custom 360 | $345 |
| Mercury Insurance | $791 |
| Concord Group | $774 |
2018 Chevrolet Silverado Insurance Rates
The average annual insurance cost for a 2018 Chevrolet Silverado is $570. However, Safeco offers the cheapest rates, averaging $270 per year.
| Insurance Provider | Average Annual Cost |
| NatGen Custom 360 | $310 |
| Concord Group | $826 |
| New York Central Mutual Fire | $682 |
| Dairyland Broadform | $271 |
| American National P | $755 |
| Buckeye Insurance Group | $757 |
| Safeco | $270 |
| Countryway Insurance | $923 |
| Kemper Personal Insurance | $438 |
| Mercury Insurance | $860 |
2017 Chevrolet Silverado Insurance Rates
The average annual insurance cost for a 2017 Chevrolet Silverado is $714. However, Safeco offers the cheapest rates, averaging $167 per year.
| Insurance Provider | Average Annual Cost |
| Mercury Insurance | $510 |
| New York Central Mutual Fire | $855 |
| NatGen Custom 360 | $285 |
| Utica National Ins Group | $921 |
| Infinity Special | $748 |
| SECURA Insurance | $1,021 |
| American National P | $804 |
| Commerce Group Inc | $957 |
| Safeco | $167 |
| Mercury Insurance Company | $872 |
2016 Chevrolet Silverado Insurance Rates
The average annual insurance cost for a 2016 Chevrolet Silverado is $659. However, Safeco offers the cheapest rates, averaging $191 per year.
| Insurance Provider | Average Annual Cost |
| PEMCO | $785 |
| Mercury Insurance | $449 |
| American National P | $523 |
| Buckeye Insurance Group | $793 |
| New York Central Mutual Fire | $731 |
| NatGen Custom 360 | $629 |
| Utica National Ins Group | $859 |
| Pekin Insurance | $874 |
| Concord Group | $755 |
| Safeco | $191 |
2015 Chevrolet Silverado Insurance Rates
The average annual insurance cost for a 2015 Chevrolet Silverado is $570. However, Kemper Personal Insurance offers the cheapest rates, averaging $138 per year.
| Insurance Provider | Average Annual Cost |
| Buckeye Insurance Group | $694 |
| Utica National Ins Group | $681 |
| Safeco | $136 |
| American National P | $671 |
| Kemper Personal Insurance | $138 |
| Dairyland FR Bond | $620 |
| Mercury Insurance | $669 |
| AssuranceAmerica Mobile Max | $592 |
| NatGen Custom 360 | $710 |
| Kemper Auto Premier | $786 |
2014 Chevrolet Silverado Insurance Rates
The average annual insurance cost for a 2014 Chevrolet Silverado is $517. However, Safeco offers the cheapest rates, averaging $186 per year.
| Insurance Provider | Average Annual Cost |
| Dairyland FR Bond | $492 |
| Aspire Advantage Roadside | $745 |
| NatGen PPA | $675 |
| Dairyland Auto 1 Month | $228 |
| Commerce Group Inc | $581 |
| Concord Group | $716 |
| American National P | $596 |
| NatGen Custom 360 | $261 |
| Utica National Ins Group | $685 |
| Safeco | $186 |
2013 Chevrolet Silverado Insurance Rates
The average annual insurance cost for a 2013 Chevrolet Silverado is $367. However, Dairyland Auto offers the cheapest rates, averaging $71 per year.
| Insurance Provider | Average Annual Cost |
| Dairyland Broadform | $370 |
| Mercury Insurance | $446 |
| NatGen PPA | $218 |
| Safeco | $255 |
| Buckeye Insurance Group | $532 |
| Concord Group | $586 |
| Dairyland Auto | $71 |
| American National P | $584 |
| Kemper Personal Insurance | $413 |
| NatGen Custom 360 | $198 |
2012 Chevrolet Silverado Insurance Rates
The average annual insurance cost for a 2012 Chevrolet Silverado is $480. However, AssuranceAmerica Mobile Max offers the cheapest rates, averaging $98 per year.
| Insurance Provider | Average Annual Cost |
| AssuranceAmerica Mobile Max | $98 |
| Kemper Personal Insurance | $80 |
| Rockford Mutual Insurance | $723 |
| Buckeye Insurance Group | $676 |
| Union Mutual Fire Group | $614 |
| Pekin Insurance | $661 |
| SECURA Insurance | $728 |
| Dairyland Broadform | $576 |
| Safeco | $224 |
| NatGen Custom 360 | $416 |
2011 Chevrolet Silverado Insurance Rates
The average annual insurance cost for a 2011 Chevrolet Silverado is $496. However, Safeco offers the cheapest rates, averaging $109 per year.
| Insurance Provider | Average Annual Cost |
| North Carolina Farm Bureau | $675 |
| NatGen Custom 360 | $605 |
| Mercury Insurance | $320 |
| Dairyland FR Bond | $345 |
| Infinity Special | $632 |
| PEMCO | $616 |
| American National P | $570 |
| New York Central Mutual Fire | $657 |
| AssuranceAmerica Mobile Max | $427 |
| Safeco | $109 |
2010 Chevrolet Silverado Insurance Rates
The average annual insurance cost for a 2010 Chevrolet Silverado is $434. However, NatGen Custom 360 offers the cheapest rates, averaging $80 per year.
| Insurance Provider | Average Annual Cost |
| North Carolina Farm Bureau | $654 |
| Plymouth Rock Assurance | $668 |
| Kemper Auto Premium | $465 |
| Infinity Special | $324 |
| American National P | $617 |
| Safeco | $132 |
| NatGen Custom 360 | $80 |
| Mercury Insurance | $597 |
| Kemper Personal Insurance | $343 |
| Dairyland Broadform | $460 |
Find Affordable Chevrolet Silverado Insurance Rates
Cheapest Car Insurance Companies For A Chevrolet Silverado
It’s important to understand that car insurance costs can vary significantly based on various factors. These include your location, driving history, the model year of your vehicle, and the coverage options you choose. Maintaining a clean driving record can help you secure lower premiums, while a history of accidents or traffic violations may lead to higher costs.
Living in an urban area with heavy traffic typically results in higher insurance rates compared to rural areas with less congestion. Additionally, the type of coverage you select will affect your premium—comprehensive insurance, which includes both comprehensive and collision coverage, generally costs more than minimum liability coverage.
As shown in the table below, the insurance cost for a Chevrolet Silverado is lower compared to the average cost for all Chevrolet models. In fact, it is cheaper than the average cost for most vehicles.
Insuranceopedia is here to help you easily compare quotes from different auto insurance providers, ensuring you find the best deal that suits your needs.
| Company | Average Monthly Rate |
| Encompass | $18 |
| MetroMile | $40 |
| Hugo | $36 |
| Verti | $41 |
| CaliforniaCasualty | $38 |
Common Chevrolet Silverado Insurance Discounts
Discounts are a great way to reduce your car insurance costs. Each auto insurance provider offers their own set of discounts, but some common ones you may be eligible for include:
- Multi-policy discount: Bundling your home and auto insurance policies with the same provider can often lead to a discounted rate.
- Pay-in-full discount: If you pay your premium in one lump sum rather than spreading the payments out monthly, you may qualify for lower rates.
- Defensive driving discount: Completing a certified defensive driving course can make you eligible for reduced insurance premiums.
There are other discounts available as well. It’s best to speak with your insurance agent, as they can help you identify the discounts you qualify for.
Common Chevrolet Silverado Insurance Discounts
Discounts are an effective way to reduce your car insurance costs. While each auto insurance provider offers its own discounts, there are some common ones you can check your eligibility for:
- Multi-policy discount: Bundle your home and auto insurance policies with the same provider to often receive a discounted rate.
- Pay-in-full discount: Pay your premium in one lump sum rather than monthly installments, which can lower your rates.
- Defensive driving discount: Completing a certified defensive driving course can make you eligible for discounted premiums.
There are additional discounts you may qualify for. It’s a good idea to speak with your insurance agent, as they can help you identify the ones that apply to your situation.
Ways To Save On Chevrolet Silverado Insurance Costs
Maintaining a clean driving record is one of the most effective ways to keep your Chevrolet Silverado insurance costs low. A speeding ticket or involvement in an accident can lead to higher premiums.
For example, Chevrolet Silverado drivers with a single ticket can expect to pay around $92 per month, while those with multiple accidents may pay an average of $149 per month. By avoiding these incidents, you can help keep your insurance costs manageable.
Additionally, lower annual mileage can also result in cheaper insurance. Drivers who drive between 5,000 and 7,500 miles per year typically pay around $73 per month for coverage. In contrast, those driving over 10,000 miles per year will pay closer to $82 per month.
Compare Chevrolet Silverado To Other Chevrolet Models
Looking for other Chevrolet model insurance costs?
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Our Methodology
To calculate average car insurance costs, Insuranceopedia gathered thousands of quotes from top auto insurance providers. The sample profile used was for a 40-year-old male driver purchasing full-coverage car insurance with coverage limits of $100,000 for property damage liability, $100,000 for bodily injury liability, and a $1,000 deductible. However, it’s important to note that these figures may not match your specific results, as insurance rates can vary based on individual factors.
Quotes Analyzed
Brands Reviewed
Research Hours
Years Of Experience
FAQs
Do You Need Insurance Before You Can Purchase A Chevrolet Silverado?
Yes, you’ll need to provide proof of insurance before driving your Chevrolet Silverado off the dealership lot. The best approach is to purchase a policy in advance and notify your insurance company about your upcoming vehicle purchase, rather than relying on insurance options offered through the dealership.
How Can You Get The Cheapest Insurance For Your Chevrolet Silverado?
The best way to find the most affordable insurance rates for your Chevrolet Silverado is by shopping around and comparing quotes from various auto insurance companies. Luckily, Insuranceopedia makes this easy by allowing you to compare quotes from multiple providers directly on our website.
