Buying the cheapest car insurance for a Chevy Silverado in California can be really easy, but it depends on an enormous amount of rating factors such as how you use your Silverado, your occupation, and any driving offenses on your record. Drivers will pay around $1,561 per year for Silverado insurance, but that figure is an estimate calculated using a 40-year-old single male driver with both comprehensive and collision coverage and $500 deductibles.
But there is a good chance that you are not 40 years old and maybe not even male, married instead of single, or maybe you prefer liability limits higher than required by California state law. Just a slight change in policy rating criteria or coverages could end up in a significant change in the cost of insurance for a Chevy Silverado.
There is no one cookie-cutter policy that works for everyone, so the best way to find the cheapest insurance price for your Chevrolet is to do the rate comparisons yourself. To cut your rates now, get a free quote and you will be able to compare rates from the best companies that insure Chevrolet vehicles in California.
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The specific model of Silverado tends to have a direct impact on the insurance rate, so the price you will pay to insure a Silverado LS Regular Cab 2WD model will be $298 less than the cost to insure the more costly Silverado Crew Cab Hybrid 4WD trim level, as shown in the chart 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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Data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Table data does not factor in specific Los Angeles garaging location which can influence rates substantially.
Ending up with a good quality car insurance company is hard considering how many different companies sell coverage in California. The company information in the lists below could help you decide which auto insurers to look at when looking for cheaper rates. These rankings only include large, nationwide insurance companies, so companies that focus mainly on California business will not be included in this list.
Top 10 Major Auto Insurance Providers in Los Angeles Ranked by Value
- American Family
- The Hartford
- AAA of Southern California
- Titan Insurance
- The General
- AAA Insurance
- State Farm
- Mercury Insurance
Illustration showing the impact of accidents and violations
The common sense way to enjoy affordable insurance rates in Los Angeles for a Silverado pickup is to drive safely and avoid traffic citations and accidents. The chart below illustrates how traffic citations and accident claims can influence auto insurance costs for different ages of insureds. The costs are based on a single male driver, full physical damage coverage, $250 deductibles, and no discounts are factored in.
In the previous example, the average cost of car insurance in California per year with no violations or accidents is $2,903. Add in one speeding ticket and the average cost surges to $3,274, an increase of $371 each year. Then include one accident along with the one speeding ticket and the annual cost of insurance for a Chevy Silverado increases to an average of $4,309. That’s an increase of $1,406, or $117 per month, just for not maintaining a clean driving record!
Here’s why you should shop around
California insurance rates are based on many factors which can substantially change the price you have to pay. Improving your credit score, increasing liability limits, or having an accident can trigger price changes resulting in some rates now being more affordable than before.
In addition, auto insurance companies change the rates they charge in California at least once a year to help ensure profitability. Significantly higher claims may cause higher rates, while lower claim expenses can produce lower-cost Silverado insurance rates.
For example, the graph below shows the company with the cheapest car insurance in Los Angeles, CA for a 40-year-old male driver with a clean driving record, no accidents, and a decent credit rating. If we look at prices based on his current rating profile, USAA might quote the cheapest car insurance rates in Los Angeles at $1,853 a year. This is $202 more than the average rate paid by California drivers of $1,651. Wawanesa, Nationwide, Century National, and CSAA are the remainder of the top five cheapest Los Angeles, CA auto insurance companies.
In the next rate comparison, we’ll give the driver from the above example a claim or two, poor credit, and a speeding citation. Because each insurer has a proprietary method for setting prices, getting updated rate quotes may now present a different ranking of cheap Los Angeles auto insurance companies as shown below.
Grange now has the cheapest rate in Los Angeles, CA with Mercury, Progressive, GEICO, and Allied also being competitive. This example illustrates why it is critical to shop around with many companies to get the most economical insurance quotes for a Chevy Silverado.
Auto insurance prices are determined by many different factors and can decrease or increase without notice, so the most affordable company the last time you shopped your coverage around may now be one of the higher cost companies.