Buying competitive coverage for a Chevy Silverado in Texas is usually pretty straightforward, but it depends on a lot of rating factors such as when you were born, your credit rating, and if you have a history of accidents. Texas drivers will pay around $1,219 each year for Silverado insurance, but that is an estimate using a 30-year-old single male driver with both comprehensive and collision coverage and $1,000 deductibles.
When making auto insurance estimates, the issue arises that you are not 30 and maybe not even a male, maybe you are married instead of single, or maybe you want different physical damage deductibles. Just a very minor change in the criteria used to calculate rates may result in a big change in the cost of insurance.
Having different needs demonstrates why the best way to find cheap insurance rates for your Chevrolet is to compare as many rates as possible. Do a quick rate comparison now and you will receive price comparisons from the best companies that insure Chevrolet vehicles in Texas.
The specific trim level will have an impact price, so the price you will be charged to insure a Silverado LS Regular Cab 2WD model will be $162 less than the insurance cost for the high end Silverado Crew Cab Hybrid 4WD version, as shown in the chart below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Silverado LS Regular Cab 2WD||$180||$256||$564||$34||$168||$1,202||$100|
|Silverado LS Regular Cab 4WD||$180||$256||$500||$30||$150||$1,116||$93|
|Silverado LT Regular Cab 2WD||$208||$312||$564||$34||$168||$1,286||$107|
|Silverado LT Regular Cab||$208||$312||$564||$34||$168||$1,286||$107|
|Silverado LS Extended Cab 4WD||$208||$312||$500||$30||$150||$1,200||$100|
|Silverado LT Extended Cab 4WD||$208||$312||$500||$30||$150||$1,200||$100|
|Silverado LT Extended Cab 2WD||$208||$312||$564||$34||$168||$1,286||$107|
|Silverado LS Extended Cab 2WD||$208||$312||$564||$34||$168||$1,286||$107|
|Silverado LT Crew Cab 4WD||$234||$368||$500||$30||$150||$1,282||$107|
|Silverado LS Crew Cab 2WD||$234||$368||$564||$34||$168||$1,368||$114|
|Silverado LS Crew Cab 4WD||$234||$368||$500||$30||$150||$1,282||$107|
|Silverado LT Crew Cab 2WD||$234||$368||$564||$34||$168||$1,368||$114|
|Silverado LTZ Extended Cab 2WD||$234||$368||$564||$34||$168||$1,368||$114|
|Silverado LTZ Extended Cab 4WD||$234||$368||$500||$30||$150||$1,282||$107|
|Silverado LTZ Crew Cab 2WD||$234||$368||$564||$34||$168||$1,368||$114|
|Silverado LTZ Crew Cab 4WD||$234||$368||$500||$30||$150||$1,282||$107|
|Silverado Crew Cab Hybrid 2WD||$234||$424||$500||$30||$150||$1,338||$112|
|Silverado Crew Cab Hybrid 4WD||$260||$424||$500||$30||$150||$1,364||$114|
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Data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Information does not factor in your specific San Antonio location which can lower or raise premiums substantially.
Figuring out which insurers offer the most affordable insurance rates for a Chevy Silverado requires a little more work in order to find the lowest price. Every auto insurer has their own guidelines for determining rates in each state, so we need to take a look at the insurance companies that tend to be cheaper in San Antonio.
Keep in mind that San Antonio insurance rates are influenced by many factors that control the price you have to pay. Simply turning a year older, increasing liability limits, or getting a couple of tickets may cause policy rate changes that can cause some rates to be more affordable than the competition.
Best Car Insurance Prices for Your Silverado Truck
Travelers generally has some of the most affordable car insurance rates in San Antonio at around $1,052 a year. This is $852 less than the average policy premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also rank well as some of the most economical San Antonio, TX car insurance companies.
As shown in the table above, if you are a customer of Germania Mutual and switched to Travelers, you may see a yearly price reduction of in the vicinity of $242. Drivers with Esurance could save as much as $313 a year, and California Casualty customers might reduce prices by as much as $330 a year.
Be aware that those rates are averages for all types of insureds and vehicles and do not take into consideration a specific zip code for a Chevy Silverado. So the insurer that is most affordable for your situation may not even be in the list above. That illustrates why you need to get rate quotes from many companies using your own personal information and vehicle type.
Poor driving habits will raise your insurance rates
In a perfect world, the best way to snag good insurance premiums in San Antonio for a Silverado pickup is to drive carefully and avoid at-fault accidents and violations. The illustration below illustrates how speeding tickets and at-fault claims increase insurance prices for each different age group. The price estimates are based on a single female driver, comprehensive and collision coverage, $100 deductibles, and no discounts are applied to the premium.
The chart shows that the average cost of auto insurance in Texas per year with no violations or accidents is $2,587. Factor in two speeding tickets and the average cost increases to $3,477, an increase of $890 each year. Then add in one accident along with the two speeding tickets and the yearly cost of insurance for a Chevy Silverado goes up to an average of $4,377. That's an increase of $1,790, or $149 per month, just for not keeping your driving record clean!
The diagram below shows how different deductible levels can raise or lower annual premium costs when researching cheap insurance for a Chevy Silverado. The information is based on a single male driver, full coverage, and no discounts are applied.
A 40-year-old driver could pocket $440 a year by switching their comprehensive and collision coverages from a $100 deductible up to a $500 deductible, or save $660 by using a $1,000 deductible. Youthful drivers, like the age 20 example, could shave up to $1,446 annually by choosing a larger deductible amount.
When raising deductibles, it will be required to have enough savings set aside to offset the extra out-of-pocket expense that deters many people from opting for higher deductibles.
Get discounts on San Antonio car insurance
Insurance providers that sell policies for a Chevy Silverado may additionally offer premium discounts that can reduce rates by 40% or more if you meet eligibility requirements. Large insurance companies and a selection of discounts are:
- State Farm offers discounts for driver's education, multiple autos, student away at school, Steer Clear safe driver discount, and multiple policy.
- GEICO may have discounts that include emergency military deployment, good student, multi-policy, driver training, air bags, and military active duty.
- SAFECO has savings for homeowner, teen safety rewards, safe driver, accident prevention training, multi-car, and teen safe driver.
- Farmers Insurance offers premium reductions for teen driver, homeowner, bundle discounts, mature driver, multi-car, good student, and distant student.
- AAA has discounts for education and occupation, anti-theft, good driver, AAA membership discount, good student, multi-policy, and multi-car.
- USAA policyholders can earn discounts including multi-vehicle, annual mileage, family discount, driver training, and defensive driver.
The diagram below illustrates the comparison of annual premium costs with and without discounts applied to the rates. The rate quotes are based on a male driver, no violations or accidents, Texas state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with passive restraint, safe-driver, marriage, multiple policy, defensive driving course, and claim-free discounts applied. When discounts are applied, theaverage yearly reduction on insurance for a Chevy Silverado is 28% or $717.