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Car insurance rates vary depending on the make, model and trim level of your vehicle. According to our data analysis, the average cost to insure a Chevrolet Silverado 1500 is $2,724 per year or $227 per month. However, your actual rate may be higher or lower depending on things like where you live, your age, your driving record and other personal factors.

The auto insurance rates also change based on the vehicle's model year. For example, the 2025 Chevrolet Silverado 1500 costs $2,724, whereas the 2024 Chevrolet Silverado 1500 costs $2,686 annually. This is $38 less than the 2025 rates.

Travelers offers the cheapest annual rate for 2025 Chevrolet Silverado 1500 at $1,865 per year.

Below, we'll look at Chevrolet Silverado 1500 insurance rates and show you how to save.

Average insurance cost of Chevrolet Silverado 1500 by model year

Year of Chevrolet Silverado 1500 modelAverage cost to insure
2025$2,724
2024$2,686
2023$2,635
2022$2,553
2021$2,452
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Compare Silverado 1500 insurance rates by state

L O A D I N G
CompanyAverage annual premium
State Farm$2,075
Travelers$2,287
Nationwide$2,348
UAIC$2,622
GEICO$3,234
Mercury Insurance$3,360
Progressive$3,546
Allstate$3,595
Farmers$3,814
AIG$5,607

Chevrolet Silverado 1500 insurance rates per year

2025

2025 Chevrolet Silverado 1500 insurance rates

Average cost to insure $2,629
Annual cheapest rate $1,865
Available trims Custom, Custom Trail Boss, High Country, LT, LT Trail Boss
RankCompanyAverage annual premium
1Travelers$1,865
2GEICO$2,316
3State Farm$2,529
4Nationwide$2,618
5Progressive$2,619
6Farmers$3,524
7Allstate$3,612
8USAA$1,949
2024

2024 Chevrolet Silverado 1500 insurance rates

Average cost to insure $2,599
Annual cheapest rate $1,895
Available trims Custom, Custom Trail Boss, High Country, LT, LT Fleet
RankCompanyAverage annual premium
1Travelers$1,895
2GEICO$2,282
3State Farm$2,324
4Nationwide$2,558
5Progressive$2,625
6Farmers$3,452
7Allstate$3,516
8USAA$2,138
2023

2023 Chevrolet Silverado 1500 insurance rates

Average cost to insure $2,558
Annual cheapest rate $1,851
Available trims Custom, Custom Trail Boss, High Country, LT, LT Fleet
RankCompanyAverage annual premium
1Travelers$1,851
2GEICO$2,207
3State Farm$2,244
4Progressive$2,570
5Nationwide$2,591
6Farmers$3,395
7Allstate$3,549
8USAA$2,056
2022

2022 Chevrolet Silverado 1500 insurance rates

Average cost to insure $2,492
Annual cheapest rate $1,841
Available trims Custom, Custom Trail Boss, High Country, Limited Custom, Limited Custom Trail Boss
RankCompanyAverage annual premium
1Travelers$1,841
2GEICO$2,165
3State Farm$2,166
4Progressive$2,552
5Nationwide$2,678
6Farmers$3,282
7Allstate$3,310
8USAA$1,940
2021

2021 Chevrolet Silverado 1500 insurance rates

Average cost to insure $2,400
Annual cheapest rate $1,753
Available trims Custom, Custom Trail Boss, High Country, LT, LT Trail Boss
RankCompanyAverage annual premium
1Travelers$1,753
2GEICO$2,082
3State Farm$2,084
4Progressive$2,493
5Nationwide$2,739
6Allstate$3,018
7Farmers$3,174
8USAA$1,853
2020

2020 Chevrolet Silverado 1500 insurance rates

Average cost to insure $2,327
Annual cheapest rate $1,709
Available trims Custom, Custom Trail Boss, High Country, LT, LT Trail Boss
RankCompanyAverage annual premium
1Travelers$1,709
2GEICO$2,008
3State Farm$2,051
4Progressive$2,401
5Nationwide$2,712
6Allstate$2,909
7Farmers$3,057
8USAA$1,770
2019

2019 Chevrolet Silverado 1500 insurance rates

Average cost to insure $2,259
Annual cheapest rate $1,692
Available trims Custom, Custom Trail Boss, High Country, LD Custom, LD LT
RankCompanyAverage annual premium
1Travelers$1,707
2GEICO$1,953
3State Farm$2,015
4Progressive$2,325
5Nationwide$2,581
6Allstate$2,829
7Farmers$2,967
8USAA$1,692
2018

2018 Chevrolet Silverado 1500 insurance rates

Average cost to insure $2,195
Annual cheapest rate $1,659
Available trims Custom, High Country, LS, LT, LT Z71
RankCompanyAverage annual premium
1Travelers$1,701
2GEICO$1,892
3State Farm$1,996
4Progressive$2,314
5Nationwide$2,413
6Allstate$2,745
7Farmers$2,843
8USAA$1,659

Methodology

Data was fielded by Quadrant Information Services across all 50 states and Washington, D.C. for 1,161 vehicle models. More than 67 million data points from 57 insurance companies were analyzed.

Unless otherwise indicated, averages are based on our full coverage data set. This data set is based on:

  • Bodily injury liability of $100,000 per person and $300,000 per incident
  • Property damage liability of $100,000 per incident
  • Comprehensive and collision deductibles of $500
  • 40-year-old driver
  • Honda Accord LX
  • Good credit
  • A clean driving record
  • 12-mile commute, 10,000 annual mileage
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