Best Chevy Silverado Insurance in Phoenix

Insurance rates Chevy Silverado in PhoenixDo you want to stop overpaying and find more affordable Chevy Silverado insurance in Phoenix? Finding discount Phoenix Chevy Silverado insurance quotes is overwhelming for consumers new to comparing rates on the web. With literally dozens of insurance companies available, how are consumers expected to efficiently compare every company to locate the lowest price available?

Unbelievably, the vast majority of Arizona auto insurance customers kept their policy with the same company for at least the last four years, and almost half have never quoted rates to find affordable coverage. With the average premium in America being $1,847, drivers could pocket roughly $850 a year just by getting comparison quotes, but they just feel it’s too hard to compare rates and save money.

It’s important to know that comparing more rates from different companies will improve the odds of getting better pricing.

The following companies are our best choices to provide quotes in Arizona. If multiple companies are listed, we suggest you visit several of them to get the best price comparison.

Chevrolet Silverado Insurance Rate Estimates in Phoenix, AZ
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Silverado LS Regular Cab 2WD $174 $314 $356 $22 $106 $972 $81
Silverado LS Regular Cab 4WD $108 $198 $314 $18 $94 $732 $61
Silverado LT Regular Cab 2WD $264 $390 $444 $26 $132 $1,256 $105
Silverado LT Regular Cab $110 $204 $318 $18 $96 $746 $62
Silverado LS Extended Cab 4WD $158 $302 $404 $24 $122 $1,010 $84
Silverado LT Extended Cab 4WD $222 $442 $390 $24 $116 $1,194 $100
Silverado LT Extended Cab 2WD $264 $390 $444 $26 $132 $1,256 $105
Silverado LS Extended Cab 2WD $224 $382 $346 $20 $104 $1,076 $90
Silverado LT Crew Cab 4WD $194 $342 $308 $18 $92 $954 $80
Silverado LS Crew Cab 2WD $156 $326 $440 $26 $132 $1,080 $90
Silverado LS Crew Cab 4WD $158 $332 $362 $22 $108 $982 $82
Silverado LT Crew Cab 2WD $184 $290 $444 $26 $132 $1,076 $90
Silverado LTZ Extended Cab 2WD $194 $342 $348 $20 $104 $1,008 $84
Silverado LTZ Extended Cab 4WD $224 $450 $314 $18 $94 $1,100 $92
Silverado LTZ Crew Cab 2WD $156 $284 $346 $20 $104 $910 $76
Silverado LTZ Crew Cab 4WD $166 $316 $288 $18 $86 $874 $73
Silverado Crew Cab Hybrid 2WD $228 $538 $288 $18 $86 $1,158 $97
Silverado Crew Cab Hybrid 4WD $278 $620 $314 $18 $94 $1,324 $110
Get Your Own Custom Quote Go

Cost estimates assume married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Arizona minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, claim-free, and homeowner. Rates do not factor in specific location information which can increase or decrease auto insurance rates substantially.

Accidents and violations increase rates

The example below demonstrates how traffic citations and at-fault fender-benders can increase Chevrolet Silverado insurance prices for each different age category. Data assumes a single male driver, full physical damage coverage, $1,000 deductibles, and no discounts are applied.

Comparison of policy deductibles

The information below highlights how deductible selection and can affect Chevrolet Silverado insurance rates for different age groups of insureds. The data assumes a single female driver, full physical damage coverage, and no additional discounts are factored in.

Cost difference between full coverage and liability

The diagram below illustrates the difference between Chevrolet Silverado insurance prices with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The data assumes no violations or accidents, $100 deductibles, married female driver, and no policy discounts are applied.

When to stop buying comprehensive and collision coverage

There is no specific rule for phasing out physical damage coverage, but there is a general guideline you can use. If the yearly cost of full coverage is more than around 10% of the settlement you would receive from your company, then you might want to think about dropping full coverage.

For example, let’s pretend your Chevrolet Silverado claim settlement value is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, you would only receive $3,000 after paying your policy deductible. If you are paying in excess of $300 a year for full coverage, the it may be a good time to stop paying for full coverage.

There are some cases where dropping full coverage is not in your best interest. If you still owe money on your vehicle, you have to carry full coverage in order to prevent your loan from defaulting. Also, if you don’t have enough money to buy a different vehicle if your current one is totaled, you should keep full coverage in place.

Cheap Phoenix car insurance quotes with discounts

Companies do not list the complete list of policy discounts very well, so the next list breaks down some of the more common as well as some of the hidden discounts that may be available.Cheaper car insurance with discounts

Just know that many deductions do not apply to your bottom line cost. Some only reduce the cost of specific coverages such as collision or personal injury protection. Despite the appearance that having all the discounts means you get insurance for free, you aren’t that lucky.

For a list of companies that offer the discounts shown above in Phoenix, click here to view.

Exclusive versus independent insurance agencies

A small number of people still prefer to go talk to an agent and that can be a smart move One of the best bonuses of comparing rates online is that you can find cheap auto insurance rates but also keep your business local. Buying from and supporting small agencies is important especially in Phoenix.

Phoenix insurance agentsAfter filling out this simple form, your insurance coverage information is sent to agents in your area who will return price quotes for your auto insurance coverage. There is no need to find an agent on your own because quoted prices will be sent directly to your email. Get lower rates without having to waste a lot of time. If you want to get a comparison quote from a specific insurance company, you would need to search and find their rate quote page and give them your coverage information.

If you want to buy auto insurance from a local agent, it can be helpful to understand the types of agencies and how they can quote your rates. Auto insurance agents are considered either exclusive or independent agents depending on their company appointments.

Independent Auto Insurance Agents (or Brokers)

Agents that choose to be independent often have many company appointments and that enables them to quote your coverage through many different auto insurance companies and get the cheapest rates. To move your coverage to a new company, they simply move your policy to a different company and the insured can keep the same agent. When shopping rates, we highly recommend that you get some free quotes from multiple independent agents so that you can do a thorough price comparison. Many write coverage with smaller regional carriers that can offer cheaper rates than bigger companies.

Listed below is a small list of independent insurance agencies in Phoenix that may be able to give you free auto insurance rate quotes.

More Phoenix agents

Exclusive Auto Insurance Agents

Exclusive agencies are contracted to one company such as AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agents cannot give you multiple price quotes so they are skilled at selling on more than just price. Exclusive agencies are well trained on their company’s products and that allows them to sell at a higher price point. Drivers often choose to use an exclusive agent partially due to the prominent brand name and solid financial strength.

Shown below are Phoenix exclusive insurance agents willing to provide comparison quotes.

More Phoenix agents

Choosing an car insurance agent requires you to look at more than just a cheap quote. Any agent in Phoenix should be willing to answer these questions.

Six Things That Affect Your Insurance Prices

One of the most helpful ways to save on auto insurance is to to have a grasp of some of the elements that help determine the level of your policy premiums. When you know what positively or negatively determines base rates, this allows you to make educated decisions that may reward you with better auto insurance rates. Lots of factors are part of the calculation when you get your auto insurance bill. Most are fairly basic such as your driving record, although others are less apparent such as your credit history and annual miles driven.

The items below are most of the major factors auto insurance companies consider when setting your rates.

Vocation stress can affect rates – Careers such as fire fighters, executives and dentists generally have higher average rates because of high stress and long work hours. On the flip side, jobs like actors, engineers and homemakers have lower than average premiums.

Marriage can lower prices – Having a significant other may earn you lower rates when shopping for auto insurance. Having a spouse means you’re more responsible and it’s statistically proven that married drivers get in fewer accidents.

Save money with theft deterrents – Owning a car that has an advanced theft prevention system can help bring down rates. Theft prevention devices like OnStar, LoJack tracking, and tamper alarms all help stop auto theft and help lower rates.

Performance influences insurance prices – The performance of the car you own makes a significant difference in your auto insurance rates. The cheapest rates are generally reserved for the lowest performance passenger vehicles, but the final cost of insurance is determined by many other factors. Due to the fact that the Chevrolet Silverado falls in the pickup truck class, rates will be similar in price as compared to the average rate in Phoenix.

High physical damage deductibles lower premiums – Physical damage deductibles tell how much you are required to spend if you file a covered claim. Coverage for physical damage, also called comprehensive and collision insurance, is used to repair damage to your car. Some coverage claims would be colliding with a stationary object, hail damage, and damage caused by road hazards. The more of the claim you have to pay, the lower your rates will be.

More than one policy can earn a discount – Most companies will award better rates to customers who carry more than one policy such as combining an auto and homeowners policy. If you currently are using one company, it’s still a good idea to shop around to guarantee you are still saving the most.

Insurance losses for a Chevy Silverado – Insurers use past loss statistics for each vehicle as a tool for profitable underwriting. Models that the data determines to have increased losses will have a higher cost to insure. The next table shows the collected loss data for Chevy Silverado vehicles.

For each insurance policy coverage type, the statistical loss for all vehicles, regardless of make, model or trim level, is represented as 100. Values below 100 suggest a better than average loss history, while numbers shown that are more than 100 point to more claims or a tendency for losses to be larger than average.

Chevrolet Silverado Insurance Loss Statistics

Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Chevrolet Silverado 1500 2WD 76 118 85 78 69 125
Chevrolet Silverado 1500 4WD 60 76 72 54
Chevrolet Silverado 1500 Crew Cab 2WD 89 103 131 77 70 94
Chevrolet Silverado 1500 Crew Cab 4WD 96 105 116 57 57 87
Chevrolet Silverado 1500 Ext Cab 2WD 90 126 100 88 85 117
Chevrolet Silverado 1500 Ext Cab 4WD 84 98 89 60 60 88
Chevrolet Silverado 2500 2WD 60 65
Chevrolet Silverado 2500 4WD 66 97 66
Chevrolet Silverado 2500 Crew Cab 2WD 76 127 65
Chevrolet Silverado 2500 Crew Cab 4WD 88 114 97 45 42 82
Chevrolet Silverado 2500 Ext Cab 2WD 80 54
Chevrolet Silverado 2500 Ext Cab 4WD 79 105 83 37 43 75
Chevrolet Silverado 3500 4WD 65
Chevrolet Silverado 3500 Crew Cab 4WD 98 127 108 54 39 76
Chevrolet Silverado 3500 Ext Cab 4WD 129 127

Empty fields indicate not enough data collected
Statistics from for 2013-2015 Model Years

Car insurance protects more than just your car

Even though Phoenix Silverado insurance rates can get expensive, buying car insurance serves a purpose in several ways.

The benefits of having insurance outweigh the cost, especially for larger claims. Unknowingly, the average driver is overpaying over $865 each year so it’s recommended you shop around once a year at a minimum to be sure current rates are still competitive.

A little work can save a LOT of money

We just showed you a lot of information how to lower your Chevy Silverado insurance premium rates in Phoenix. It’s most important to understand that the more companies you get prices for, the more likely it is that you will get a better rate. You may even be surprised to find that the biggest savings come from an unexpected company.

Consumers leave their current company for a variety of reasons including being labeled a high risk driver, poor customer service, high prices and even not issuing a premium refund. Regardless of your reason for switching companies, switching companies is less work than it seems.

The cheapest Chevy Silverado insurance in Phoenix is definitely available on the web in addition to many Phoenix insurance agents, so you should compare both to have the best selection. Some insurance companies don’t offer price quotes online and usually these smaller providers prefer to sell through local independent agents.

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