Finding affordable insurance for a Chevy Silverado relies on a large number of rating criteria such as how long your commute is, the condition of your credit, and your driving record. Drivers in Arizona will pay on average $1,062 each year to insure their Silverado, but that price is a projection using a 50-year-old single female driver with both comprehensive and collision coverage and $250 deductibles.
But there is a good chance that you are not 50 and maybe not even a female, maybe you are married instead of single, or maybe you have a speeding ticket that needs to be factored in. There is no perfect policy for every driver, so the way we recommend to find cheap car insurance rates for your Chevrolet is to do the rate comparisons yourself.
Your vehicle’s trim level tends to impact price, so the rate you pay to insure a Silverado LS Regular Cab 2WD will cost $222 less than the price to insure the more costly Silverado Crew Cab Hybrid 4WD version, as shown by the rates below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Silverado LS Regular Cab 2WD||$174||$314||$382||$22||$114||$1,006||$84|
|Silverado LS Regular Cab 4WD||$174||$314||$338||$20||$102||$948||$79|
|Silverado LT Regular Cab 2WD||$200||$382||$382||$22||$114||$1,100||$92|
|Silverado LT Regular Cab||$200||$382||$382||$22||$114||$1,100||$92|
|Silverado LS Extended Cab 4WD||$200||$382||$338||$20||$102||$1,042||$87|
|Silverado LT Extended Cab 4WD||$200||$382||$338||$20||$102||$1,042||$87|
|Silverado LT Extended Cab 2WD||$200||$382||$382||$22||$114||$1,100||$92|
|Silverado LS Extended Cab 2WD||$200||$382||$382||$22||$114||$1,100||$92|
|Silverado LT Crew Cab 4WD||$224||$450||$338||$20||$102||$1,134||$95|
|Silverado LS Crew Cab 2WD||$224||$450||$382||$22||$114||$1,192||$99|
|Silverado LS Crew Cab 4WD||$224||$450||$338||$20||$102||$1,134||$95|
|Silverado LT Crew Cab 2WD||$224||$450||$382||$22||$114||$1,192||$99|
|Silverado LTZ Extended Cab 2WD||$224||$450||$382||$22||$114||$1,192||$99|
|Silverado LTZ Extended Cab 4WD||$224||$450||$338||$20||$102||$1,134||$95|
|Silverado LTZ Crew Cab 2WD||$224||$450||$382||$22||$114||$1,192||$99|
|Silverado LTZ Crew Cab 4WD||$224||$450||$338||$20||$102||$1,134||$95|
|Silverado Crew Cab Hybrid 2WD||$224||$518||$338||$20||$102||$1,202||$100|
|Silverado Crew Cab Hybrid 4WD||$250||$518||$338||$20||$102||$1,228||$102|
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Table data represents single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Arizona minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Premium amounts do not factor in zip code location which can influence auto insurance rates noticeably.
Ending up with the highest-rated car insurance company can be difficult considering how many companies provide coverage in Phoenix. The information shown next can help you decide which car insurance providers you want to consider when shopping insurance around for a Chevy Silverado. These ratings are for insurance companies that insure vehicles in the majority of U.S. states, so companies with more of a regional focus are not factored into this list.
Top 10 Major Auto Insurance Providers in Phoenix Ranked by Value
- American Family
- The Hartford
- Titan Insurance
- The General
- Mercury Insurance
- AAA Insurance
- State Farm
Poor driving habits will raise your car insurance rates
The easiest method to score good car insurance premiums in Arizona for a Silverado pickup is to drive safe and avoid at-fault accidents and violations. The information below shows how traffic citations and at-fault fender-benders influence yearly insurance costs for each age group. The information is based on a married female driver, comp and collision included, $100 deductibles, and no additional discounts are factored in.
In the previous example, the average cost of auto insurance in Arizona per year with a clean driving record and no accidents is $1,725. Add in two speeding tickets and the average cost swells to $2,464, an increase of $739 each year. Next add one accident along with the two speeding tickets and the yearly cost of car insurance for a Chevy Silverado goes up to an average of $3,208. That’s an increase of $1,484, or $124 per month, just for not keeping your driving record clean!
Don’t make the mistake of not shopping around
Phoenix car insurance rates are based on many factors which can substantially decrease or increase the price of your policy. Improving your credit score, moving to a new city, or having an at-fault accident may cause policy rate changes that may make certain companies more affordable than the competition. Not only may things change on your end, but insurance companies file new Arizona car insurance rates as often as every three months in order to offset underwriting gains or losses. An unexpected high level of claims may cause higher rates, while lower claim levels can produce cheaper Silverado insurance rates.
The bar chart below compares the cheapest car insurance in Phoenix, AZ for a 45-year-old female driver with a clean driving record, no accidents, and a decent credit rating. If we look at prices based on her current situation, The Hartford has the lowest car insurance rates in Phoenix at $1,207 a year. This is $221 less than the average policy premium paid by Arizona drivers of $1,428. Safeco, Auto-Owners, USAA, and Travelers are the rest of the top five cheapest Phoenix, AZ auto insurance companies.
In the next rate comparison, we’ll give the driver from above a chargeable accident, less-than-perfect credit, and a few traffic violations. Because every insurance company uses their own calculation for determining rates, getting updated rate quotes may now present a new list of the cheapest companies as shown below.
Progressive now has the lowest price on auto insurance in Phoenix, AZ with Ameriprise Group, CSAA, Auto-Owners, and Allied now being in the top five. This example shows why consumers need to take the time to spend some time comparing rates when trying to find the most affordable car insurance rates for a Chevy Silverado. Auto insurance prices are calculated by many different factors and change dramatically, so the cheapest rate six months ago may now cost much more than other companies.
If you have coverage questions and would like to have some advice when shopping for cheaper insurance for a Silverado pickup, the insurance agencies listed below can help you determine which coverages you need. To locate an agency by location nearest to you, click the button below the list or click here to compare price quotes.
- Mary Parada – State Farm Insurance Agent
3414 W Bell Rd – Phoenix, AZ 85053 – (602) 942-9202
- General Southwest Insurance Agency
5628 E Thomas Rd – Phoenix, AZ 85018 – (480) 990-1900
- Nichole Schaffer – State Farm Insurance Agent
2612 N 7th St – Phoenix, AZ 85006 – (602) 439-7000
- Allstate Insurance: Christine Yap
9303 N 7th St Ste 5 – Phoenix, AZ 85020 – (602) 371-0581
How to find cheaper auto insurance for a Chevy Silverado
The list below summarizes many money-saving solutions that can help drivers buy cheaper car insurance.
- Raise comprehensive and collision coverage deductibles
- Don’t waste money on full coverage for older vehicles
- Prevent price hikes by avoiding at-fault accidents
- Do not get tickets or violations
- Pay for smaller claims out-of-pocket
- Compare prices frequently to find the best deal
The last idea is highly important, as we hit on in the article above. Car insurance rates adjust often, so don’t be hesitant to buy a policy from a new company if you find a cheaper price. Having brand loyalty is commendable, but it’s not a great idea if that faithfulness ends up costing you hundreds every year. In just a couple of minutes you could shop around and find cheaper auto insurance for a Chevy Silverado in Phoenix.