Go To Top

Insurance.com research suggests that the cost of insuring a Chevrolet Silverado is estimated to be around $1,713 annually or $143 monthly. It's important for drivers to consider these rates when assessing their insurance needs. These rates can increase based on your driving record, location, age, and other factors.

Auto insurance rates vary depending on the model year. For instance, average car insurance rates for a 2020 Chevrolet Silverado costs $1,713 per year, while its 2019 equivalent costs $1,810 per year.

Regardless of your chosen model year, you can find a competitive carrier that meets your needs and budget. Insurance.com conducted data analysis and discovered which cars offer the most affordable insurance rates based on model year and whether one specific model is cheaper to insure than others.

Read on to learn in detail about these cost-effective auto policies for Chevrolet Silverado.

Average insurance cost of Chevrolet Silverado by model year
Graph
Table
Year of Chevrolet Silverado ModelAverage Cost to Insure
2020$1,713
2019$1,810
2018$1,765
2017$1,725
2016$1,699

Compare Chevrolet Silverado Insurance Rates by State

L O A D I N G
Company Style Full Coverage(Avg) Liability Coverage(Avg) State Minimum Coverage(Avg)
Allstate2WD 4 Door Dbl Cab Turbo$2,086$901$786
Geico2WD 4 Door Dbl Cab Turbo$1,436$495$351
Farmers2WD 4 Door Dbl Cab Turbo$2,315$1,055$907
Nationwide2WD 4 Door Dbl Cab Turbo$3,091$1,252$925
Progressive2WD 4 Door Dbl Cab Turbo$2,019$635$432
State Farm2WD 4 Door Dbl Cab Turbo$1,960$843$598

2020 Chevrolet Silverado Insurance Rates

Average Cost to Insure $1,713
Annual Cheapest Rate $1,265
Available Trims 1500, 1500 Custom, 1500 Custom Trail Boss, 1500 High Country, 1500 LS , 1500 LT, 1500 LT Trail Boss, 1500 LTZ, 1500 RST, 1500 WT, 2500HD High Country, 2500HD LT, 2500HD LTZ, 2500HD WT, 3500HD High Country, 3500HD LT, 3500HD LTZ, 3500HD WT
RankCompaniesAverage Premium
1Geico$1,265
2State Farm$1,280
3Progressive$1,547
4Nationwide$1,741
5Farmers$2,060
6Allstate$2,387

2019 Chevrolet Silverado Insurance Rates

Average Cost to Insure $1,810
Annual Cheapest Rate $1,282
Available Trims 1500, 1500 Custom, 1500 Custom Trail Boss, 1500 High Country, 1500 LS , 1500 LT, 1500 LT Trail Boss, 1500 LTZ, 1500 RST, 1500 WT, 2500HD High Country, 2500HD LT, 2500HD LTZ, 2500HD WT, 3500HD High Country, 3500HD LT, 3500HD LTZ, 3500HD WT
RankCompaniesAverage Premium
1Geico$1,282
2State Farm$1,371
3Nationwide$1,665
4Progressive$1,960
5Farmers$2,238
6Allstate$2,344

2018 Chevrolet Silverado Insurance Rates

Average Cost to Insure $1,765
Annual Cheapest Rate $1,256
Available Trims 1500, 1500 Custom, 1500 Custom Trail Boss, 1500 High Country, 1500 LS , 1500 LT, 1500 LT Trail Boss, 1500 LTZ, 1500 RST, 1500 WT, 2500HD High Country, 2500HD LT, 2500HD LTZ, 2500HD WT, 3500HD High Country, 3500HD LT, 3500HD LTZ, 3500HD WT
RankCompaniesAverage Premium
1Geico$1,256
2State Farm$1,358
3Nationwide$1,644
4Progressive$1,963
5Farmers$2,124
6Allstate$2,244

2017 Chevrolet Silverado Insurance Rates

Average Cost to Insure $1,725
Annual Cheapest Rate $1,268
Available Trims 1500, 1500 Custom, 1500 Custom Trail Boss, 1500 High Country, 1500 LS , 1500 LT, 1500 LT Trail Boss, 1500 LTZ, 1500 RST, 1500 WT, 2500HD High Country, 2500HD LT, 2500HD LTZ, 2500HD WT, 3500HD High Country, 3500HD LT, 3500HD LTZ, 3500HD WT
RankCompaniesAverage Premium
1Geico$1,268
2State Farm$1,311
3Nationwide$1,707
4Progressive$1,885
5Farmers$2,040
6Allstate$2,137

2016 Chevrolet Silverado Insurance Rates

Average Cost to Insure $1,699
Annual Cheapest Rate $1,204
Available Trims 1500, 1500 Custom, 1500 Custom Trail Boss, 1500 High Country, 1500 LS , 1500 LT, 1500 LT Trail Boss, 1500 LTZ, 1500 RST, 1500 WT, 2500HD High Country, 2500HD LT, 2500HD LTZ, 2500HD WT, 3500HD High Country, 3500HD LT, 3500HD LTZ, 3500HD WT
RankCompaniesAverage Premium
1Geico$1,204
2State Farm$1,320
3Nationwide$1,665
4Progressive$1,899
5Farmers$2,026
6Allstate$2,077

Compare Chevrolet insurance rates by model

Make/ModelAnnual Rates
Chevrolet Express$1,412/year
Chevrolet Corvette$2,240/year
Chevrolet Colorado$1,424/year
Chevrolet Camaro$1,835/year
Chevrolet Bolt$1,879/year
Chevrolet Blazer$1,827/year
Chevrolet Traverse$1,466/year
Chevrolet Malibu$1,543/year
Chevrolet Equinox$1,417/year

Popular Vehicles