Price shopping your Chevy Silverado insurance in Los Angeles may be quite difficult for drivers who are new to shopping for insurance online. With such a large number of agents and companies, it can turn into a ton of work to find the lowest price on Chevy Silverado insurance.
It’s safe to assume that car insurance companies want to keep you from comparing rates. People who compare rates annually are highly likely to switch to a new company because the odds are good of finding a lower-cost company. A recent car insurance study revealed that consumers who shopped around saved an average of $860 a year compared to people who never shopped around for better prices.
If finding the best rates on Chevy Silverado insurance is the reason for your visit, then having some knowledge of how to quote prices and compare insurance rates can make the process less intimidating.
You need to do price comparisons every six months since insurance prices change regularly. Even if you got the best quotes on Chevy Silverado insurance in Los Angeles a few years ago you will most likely find a better rate today. Forget all the misinformation about car insurance because it’s time to teach you the quickest way to find lower rates on car insurance.
If you have insurance now, you will definitely be able to find better prices using the concepts covered in this article. Quoting and comparing the lowest-priced policy in Los Angeles is easy to do. But California consumers must learn how insurance companies set your policy premium because rates are impacted by many factors.
Low Cost car insurance in Los Angeles, CA
The car insurance companies shown below are our best choices to provide price quotes in California. If multiple providers are shown, it’s a good idea that you visit two to three different companies to get the best price comparison.
Detailed insurance information
The price information displayed next outlines detailed analysis of insurance coverage prices for Chevy Silverado models. Learning a little about how premiums are determined can aid in making decisions on the best policy to buy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Silverado LS Regular Cab 2WD||$242||$382||$500||$30||$150||$1,304||$109|
|Silverado LS Regular Cab 4WD||$242||$382||$442||$26||$132||$1,224||$102|
|Silverado LT Regular Cab 2WD||$278||$464||$500||$30||$150||$1,422||$119|
|Silverado LT Regular Cab||$278||$464||$500||$30||$150||$1,422||$119|
|Silverado LS Extended Cab 4WD||$278||$464||$442||$26||$132||$1,342||$112|
|Silverado LT Extended Cab 4WD||$278||$464||$442||$26||$132||$1,342||$112|
|Silverado LT Extended Cab 2WD||$278||$464||$500||$30||$150||$1,422||$119|
|Silverado LS Extended Cab 2WD||$278||$464||$500||$30||$150||$1,422||$119|
|Silverado LT Crew Cab 4WD||$314||$546||$442||$26||$132||$1,460||$122|
|Silverado LS Crew Cab 2WD||$314||$546||$500||$30||$150||$1,540||$128|
|Silverado LS Crew Cab 4WD||$314||$546||$442||$26||$132||$1,460||$122|
|Silverado LT Crew Cab 2WD||$314||$546||$500||$30||$150||$1,540||$128|
|Silverado LTZ Extended Cab 2WD||$314||$546||$500||$30||$150||$1,540||$128|
|Silverado LTZ Extended Cab 4WD||$314||$546||$442||$26||$132||$1,460||$122|
|Silverado LTZ Crew Cab 2WD||$314||$546||$500||$30||$150||$1,540||$128|
|Silverado LTZ Crew Cab 4WD||$314||$546||$442||$26||$132||$1,460||$122|
|Silverado Crew Cab Hybrid 2WD||$314||$630||$442||$26||$132||$1,544||$129|
|Silverado Crew Cab Hybrid 4WD||$348||$630||$442||$26||$132||$1,578||$132|
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Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, multi-vehicle, and claim-free. Information does not factor in specific location which can change rates substantially.
Insurance rates based on gender
The information below illustrates the difference between Chevy Silverado insurance costs for male and female drivers. The information is based on no claims or violations, full coverage, $100 deductibles, drivers are single, and no discounts are applied.
Chevy Silverado full coverage rates compared to liability only
The illustration below illustrates the difference between Chevy Silverado insurance prices with full physical damage coverage compared to only buying liability only. The data assumes no violations or claims, $1,000 deductibles, marital status is single, and no discounts are applied to the premium.
When to drop comp and collision
There is no definitive formula to stop buying full coverage, but there is a guideline you can consider. If the yearly cost of full coverage is more than around 10% of any settlement you would receive from your insurance company, then it’s probably a good time to buy liability coverage only.
For example, let’s assume your Chevy Silverado replacement cost is $3,000 and you have $1,000 policy deductibles. If your vehicle is totaled, you would only receive $2,000 after paying the physical damage deductible. If premium cost is more than $200 annually for full coverage, then it might be time to consider dropping full coverage.
There are a few cases where dropping physical damage coverage is not a good plan. If you still have a loan on your vehicle, you must maintain physical damage coverage in order to satisfy the requirements of the loan. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should not opt for liability only.
Get affordable rates on Chevy Silverado insurance in Los Angeles with these discounts
Some insurers don’t list every possible discount very well, so the list below contains both the well known in addition to some of the lesser obvious credits available to you. If you do not double check each discount available, you could be saving more on your auto insurance.
- Passenger Safety Discount – Cars that have air bags and/or automatic seat belt systems could see savings of 25 to 30%.
- Renewal Discounts – A few larger companies offer discounts for buying a policy prior to your current Silverado insurance policy expiring. You could save around 10% when you buy Los Angeles auto insurance online.
- Accident-Free Discounts – Los Angeles drivers who stay claim-free get the best auto insurance rates as opposed to bad drivers.
- Include Life Insurance and Save – Select insurance carriers reward you with better premium rates if you take out life insurance from them.
- Paperless Signup – Many companies provide a small discount simply for signing digitally online.
- Safety Restraint Discount – Using a seat belt and requiring all passengers to fasten their seat belts could cut 10% or more off the medical payments premium.
- Telematics Data – Insureds that choose to allow driving data collection to scrutinize driving patterns by using a telematics device in their vehicle like In-Drive from State Farm and Progressive’s Snapshot could possibly reduce rates if they are good drivers.
- Multi-policy Discount – When you have multiple policies with the same insurance company you may earn 10% to 20% off each policy.
- Good Driver Discounts – Drivers without accidents can get discounts for up to 45% lower rates than less cautious drivers.
Don’t be shocked that most discounts do not apply to the whole policy. Most cut specific coverage prices like physical damage coverage or medical payments. So even though it sounds like adding up those discounts means a free policy, that’s just not realistic.
The chart below shows the comparison of Chevy Silverado insurance rates with and without discounts applied to the rates. The costs are based on a female driver, no claims, a clean driving record, California state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-policy, claim-free, marriage, multi-car, and safe-driver discounts applied.
Some of the insurance companies that may have these benefits include:
When comparing rates, check with all companies you are considering what discounts are available to you. Some discounts listed above might not apply in every state. To choose insurers who offer free Chevy Silverado insurance quotes in Los Angeles, click here to view.
Smart Consumers Know How to Get Insurance More Affordably
Many different elements are part of the calculation when quoting car insurance. Some are pretty understandable like a motor vehicle report, although others are not as apparent like where you live or your vehicle rating. A large part of saving on insurance is knowing some of the things that go into determining your insurance rates. If you have some idea of what influences your rates, this allows you to make educated decisions that may reward you with lower rates.
Shown below are a partial list of the pieces used by insurance companies to determine prices.
Lower performance equals lower insurance premiums – The make and model of the car you are buying insurance for makes a significant difference in the rate you pay. The lowest performance passenger vehicles generally receive the lowest base rates, but the final cost of insurance is determined by many other factors.
The data below assumes a married male driver age 30, full coverage with $100 deductibles, and no discounts or violations. It illustrates Chevrolet Silverado car insurance rates compared to other vehicles that have a range of performance rating factors.
Don’t get traffic citations – Just one speeding ticket or other violation may cause rates to rise substantially. Good drivers receive lower rates than people who have multiple driving citations. Drivers who get multiple violations like DWI, reckless driving or hit and run convictions might be required by their state to file a SR-22 with the DMV in their state in order to prevent their license from being revoked.
The chart below demonstrates how speeding tickets and at-fault fender-benders can affect Chevy Silverado insurance premiums for different age categories. The rates are based on a married male driver, comprehensive and collision coverage, $100 deductibles, and no discounts are factored in.
Older drivers pay less – Older drivers are shown to be more cautious, are lower risk to insure, and tend to be get fewer driving tickets. Drivers with little experience are statistically shown to be inattentive with other occupants in the car therefore insurance rates are much higher.
The chart below uses these assumptions: single driver, full coverage with $250 deductibles, and no discounts or violations.
Single drivers take more risk – Having a wife or husband may cut your premiums on insurance. It usually means you are more stable financially and it’s proven that married drivers get in fewer accidents.
Chevy Silverado claim probability – Auto insurance companies analyze claim trends for every vehicle to help calculate a profitable premium rate. Vehicles that historically have higher losses will have higher premium rates. The table shown below demonstrates the loss history for Chevy Silverado vehicles.
For each coverage type, the claim probability for all vehicles compiled together is represented as 100. Numbers shown that are under 100 represent a good loss history, while values over 100 indicate more frequent claims or an increased probability of a larger loss.
|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 Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Your situation helps dictate your coverage
When quoting and comparing coverage for your personal vehicles, there isn’t really a one-size-fits-all type of policy. Your needs are unique to you.
These are some specific questions can aid in determining whether or not you would benefit from professional advice.
- Are rock-chip repairs free?
- Is my vehicle covered by my employer’s policy when using it for work?
- Are my custom wheels covered?
- Does my policy cover my teen driver if they drive my company car?
- Can I get a multi-policy discount for packaging my home and auto coverage?
- When can I cancel my policy?
- What is UM/UIM insurance?
If you’re not sure about those questions, then you may want to think about talking to an agent. If you don’t have a local agent, simply complete this short form.
Are insurance agencies used anymore?
Some people just want to get advice from a local agent and that is a smart decision The biggest benefit of comparing insurance prices online is you may find better rates and still have a local agent. And supporting small agencies is important especially in Los Angeles.
Once you complete this short form, your insurance data is transmitted to insurance agents in Los Angeles that can give you free Los Angeles auto insurance quotes and help you find cheaper coverage. It makes it easy because there is no need to contact any agents since price quotes are sent to the email address you provide. You’ll get the best rates without having to waste a lot of time. In the event you want to compare rates from one company in particular, you can always search and find their rate quote page and give them your coverage information.
Different types of Los Angeles auto insurance agents
When searching for a good Los Angeles insurance agent, it’s helpful to know the types of agencies and how they differ in how they quote coverages. Car insurance agencies can be classified as either independent or exclusive.
Independent Insurance Agents
These agents do not work for one specific company so they can insure your vehicles through many different car insurance companies and find you the best rates. If they find a lower price, the agent simply finds a different carrier and you can keep the same agent.
When comparing car insurance prices, we recommend you get some free quotes from a few independent agents in order to compare the most rates. They also have the ability to place coverage with different regional companies that may have much lower rates than larger companies.
The following are Los Angeles independent insurance agents that can possibly get you rate quotes.
- Solid Health Insurance Agency
11639 Chenault St – Los Angeles, CA 90049 – (310) 909-6135 – View Map
- Public Insurance Agency
10941 W Pico Blvd – Los Angeles, CA 90064 – (310) 234-8600 – View Map
- Ken Donaldson Insurance Agency
6108 Venice Blvd – Los Angeles, CA 90034 – (310) 451-4943 – View Map
Exclusive Car Insurance Agencies
Agents that elect to be exclusive can only place business with one company and examples are Farmers Insurance, State Farm, Allstate, and AAA. They are unable to provide rate quotes from other companies so they are skilled at selling on more than just price. Exclusive insurance agents are trained well on sales techniques and that enables them to sell even at higher rates. Some people will only use the same exclusive agent mostly because of the brand name instead of buying on price only.
Below are Los Angeles exclusive insurance agents who can help you get price quote information.
- Ted Hope – State Farm Insurance Agent
2049 W Manchester Ave – Los Angeles, CA 90047 – (323) 752-4885 – View Map
- Grace Jun – State Farm Insurance Agent
2426 W 8th St #218 – Los Angeles, CA 90057 – (213) 388-4955 – View Map
- Sean M Brown – State Farm Insurance Agent
3130 S Sepulveda Blvd f – Los Angeles, CA 90034 – (310) 479-0080 – View Map
Choosing the best car insurance agent should include more criteria than just a cheap price. The questions below may impact your decision as well.
- Are there any extra charges for paying monthly?
- Did they already check your driving record and credit reports?
- Will they take your side in the event of a claim?
- Does the agent have a valid license to sell insurance in California?
- What is their Better Business Bureau rating?
- Do you work with a CSR or direct with the agent?
- What insurance companies do they work with in Los Angeles?
- Do they have cheaper tiers of coverage?
You can lower your car insurance rates
Throughout this article, we presented some good ideas how you can get a better price on Chevy Silverado insurance in Los Angeles. The most important thing to understand is the more you quote Los Angeles auto insurance, the better chance you’ll have of finding the cheapest Chevrolet Silverado rate quotes. You may even be surprised to find that the lowest priced car insurance comes from a company that doesn’t do a lot of advertising.
As you restructure your insurance plan, it’s a bad idea to buy lower coverage limits just to save a few bucks. There have been many situations where an insured cut liability limits or collision coverage only to regret at claim time that the savings was not a smart move. Your aim should be to buy the best coverage you can find at a price you can afford, but don’t skip important coverages to save money.
Drivers change insurance companies for a variety of reasons including policy cancellation, unfair underwriting practices, denial of a claim and being labeled a high risk driver. Regardless of your reason for switching companies, choosing a new insurance company can be pretty painless.
More detailed car insurance information can be found in the articles below:
- Coverage Information (Progressive Insurance)
- What Car Insurance is Cheapest for a Toyota Highlander in Los Angeles? (FAQ)
- Bodily Injury Coverage (Liberty Mutual)
- Things to Know Before you Cancel Insurance (Allstate)
- Auto Insurance 101 (About.com)
- Understanding Rental Car Insurance (Insurance Information Institute)