Buying economical auto insurance for a Chevy Silverado in California can be really easy, but it depends on a complex formula that considers things such as the age of the Silverado, your geographic location, and driving violations and tickets. Drivers will pay around $1,561 per year to insure their Silverado, but that cost is an estimate calculated using a 40-year-old single male driver with full comprehensive and collision coverage and $500 deductibles.
But there is a high probability that you are not 40 years old and maybe not even male, maybe you are married instead of single, and you want different coverage limits than the example. This shows why the only real way to find the cheapest insurance price for your Chevrolet is to compare as many rates as you can. In less than five minutes you can get rates from the best auto insurance companies that offer coverage in California.
Vehicle trim level tends to have a direct effect on the annual cost of coverage, so the rate you will pay to insure a Silverado LS Regular Cab 2WD trim level will cost $298 less than the cost to insure the more well-appointed Silverado Crew Cab Hybrid 4WD version, as shown in the table below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Silverado LS Regular Cab 2WD||$236||$438||$604||$36||$180||$1,494||$125|
|Silverado LS Regular Cab 4WD||$236||$438||$534||$32||$160||$1,400||$117|
|Silverado LT Regular Cab 2WD||$272||$534||$604||$36||$180||$1,626||$136|
|Silverado LT Regular Cab||$272||$534||$604||$36||$180||$1,626||$136|
|Silverado LS Extended Cab 4WD||$272||$534||$534||$32||$160||$1,532||$128|
|Silverado LT Extended Cab 4WD||$272||$534||$534||$32||$160||$1,532||$128|
|Silverado LT Extended Cab 2WD||$272||$534||$604||$36||$180||$1,626||$136|
|Silverado LS Extended Cab 2WD||$272||$534||$604||$36||$180||$1,626||$136|
|Silverado LT Crew Cab 4WD||$306||$628||$534||$32||$160||$1,660||$138|
|Silverado LS Crew Cab 2WD||$306||$628||$604||$36||$180||$1,754||$146|
|Silverado LS Crew Cab 4WD||$306||$628||$534||$32||$160||$1,660||$138|
|Silverado LT Crew Cab 2WD||$306||$628||$604||$36||$180||$1,754||$146|
|Silverado LTZ Extended Cab 2WD||$306||$628||$604||$36||$180||$1,754||$146|
|Silverado LTZ Extended Cab 4WD||$306||$628||$534||$32||$160||$1,660||$138|
|Silverado LTZ Crew Cab 2WD||$306||$628||$604||$36||$180||$1,754||$146|
|Silverado LTZ Crew Cab 4WD||$306||$628||$534||$32||$160||$1,660||$138|
|Silverado Crew Cab Hybrid 2WD||$306||$724||$534||$32||$160||$1,756||$146|
|Silverado Crew Cab Hybrid 4WD||$342||$724||$534||$32||$160||$1,792||$149|
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Premium data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Rates do not factor in zip code location which can revise insurance rates noticeably.
Locating budget car insurance is confusing at best, and figuring out which companies have the best car insurance rates for a Chevy Silverado will require even more perseverance. Every car insurance company has their own guidelines to establish rates, so let’s rank the car insurance companies that tend to have lower prices in Oakland, CA.
We do need to point out that California car insurance rates are based on many factors that may substantially change your annual premium. Improving your credit score, buying a home, or getting a DUI may cause policy rate changes that may make certain companies cheaper than competitors.
Best Cheap Insurance Rates for Your Silverado Truck
|Rank||Company||Cost Per Year|
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USAA has some of the best car insurance rates in Oakland at around $1,143 annually. Wawanesa, Century National, CSAA, and Nationwide also make the cut as some of the most economical Oakland, CA auto insurance companies.
As the example above demonstrates, if you buy coverage from Nationwide and switched to Wawanesa, you might achieve a yearly savings of in the neighborhood of $58. Policyholders with 21st Century may save as much as $146 a year, and Grange policyholders might see rate reductions of $241 a year.
To get a fast rate comparison, click here to start your custom quote or visit several of the following companies.
These prices are averaged for all types of insureds and vehicles and do not factor in an exact vehicle garaging location for a Chevy Silverado. So the insurer that can offer you the lowest price may not even be in the list above. That illustrates why you need to quote rates from as many companies as possible using your own personal information and vehicle type.
Illustration showing the impact of accidents and violations
The easiest method to snag the most affordable car insurance premiums in Oakland for a Silverado pickup is to drive cautiously and not have accidents or get tickets. The diagram below illustrates how traffic citations and accidents can increase insurance premiums for each different age category. The data is based on a single male driver, full coverage, $100 deductibles, and no discounts are applied to the premium.
In the prior example, the average cost of car insurance in California per year with no accidents or violations is $2,710. Receive one speeding ticket and the average cost rises to $3,054, an increase of $344 each year. Now get two accidents along with the one speeding ticket and the annual cost of car insurance for a Chevy Silverado goes up to an average of $6,043. That’s an increase of $3,332, or $278 per month, just for being a less-than-perfect driver!
The diagram below highlights how deductible choice can increase or decrease premium costs when quoting cheap insurance for a Chevy Silverado. The price estimates are based on a married female driver, comprehensive and collision coverage, and no discounts are applied.
The chart above illustrates that a 40-year-old driver could lower their policy premium by $360 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $544 by switching to a $1,000 deductible. Young drivers, like the age 20 example, have the ability to save up to $896 annually by choosing larger deductibles on their policy. If you do make the decision to raise your deductibles, it will be important to have enough savings set aside to enable you to pay the extra out-of-pocket expense that is associated with using high deductibles.
How to find low-cost car insurance for a Chevy Silverado
The list below shows many penny-pinching ideas that can help Oakland drivers locate cheap car insurance.
- Avoid getting tickets or violations
- Claim-free drivers earn discounts
- Do not waste money insuring older vehicles for full coverage
- Having at-fault accidents will increase rates
- Higher deductibles save money
- Shop around for cheaper rates regularly
The last tip is remarkably vital, as we noted in this write-up. Coverage rates fluctuate constantly, so drivers shouldn’t hesitate to change to a new company if a more affordable rate is found.
Loyalty to a specific company is fine, but it isn’t a good idea if that loyalty results in overpaying a small fortune year after year. Take a few minutes and compare rates and find cheaper auto insurance for a Chevy Silverado in Oakland.
If you aren’t sure which coverage you need and prefer to have a little guidance when buying car insurance for a Silverado pickup, the professional agents shown below can probably aid you in deciding which insurance coverage will be best for you.
To locate an Oakland insurance agent closest to you, click the link at the bottom.
Ruth Stroup Insurance Agency
3560 Grand Ave – Oakland, CA 94610 – (510) 874-5700
Allstate Insurance: Amy Cheok
180 2nd St #1 – Oakland, CA 94607 – (510) 338-3570
Bucheku Insurance Agency
1714 Franklin St Suite 305 – Oakland, CA 94612 – (510) 655-6969