1. Vehicles
  2. Chevrolet
  3. Silverado 1500
  4. 2006 Model Year

2006 Chevrolet Silverado Insurance Rates

Enter your zip code below to view companies that have cheap auto insurance rates.

Jeffrey Johnson graduated summa cum laude from the University of Baltimore School of Law and has worked in legal offices and nonprofits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman University and worked in film, education, and publishing. His professional writing has appeared on sites like The Manifest and Vice, and he is the author of a novel ...

Full Bio →

Written by

UPDATED: Nov 24, 2021

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Average insurance rates for a 2006 Chevrolet Silverado are $1,056 a year for full coverage. Comprehensive costs around $154, collision costs $192, and liability costs around $530. Buying a liability-only policy costs as low as $584 a year, with high-risk insurance costing around $2,268. Teenage drivers receive the highest rates at $4,336 a year or more.

Annual premium for full coverage: $1,056

Rate estimates for 2006 Chevrolet Silverado Insurance

Comprehensive $154
Collision $192
Liability $530

Rate data is compiled from all 50 U.S. states and averaged for all 2006 Chevrolet Silverado models. Rates are based on a 40-year-old male driver, $500 comprehensive and collision deductibles, and a clean driving record. Remaining premium consists of UM/UIM coverage, Medical/PIP, and policy fees.

Price Range by Coverage and Risk

For the average driver, prices range go from as low as $584 for a discount liability-only rate to the much higher price of $2,268 for a driver that may need high-risk insurance.

Liability Only $584
Full Coverage $1,056
High Risk $2,268

View Chart as Image

2006 Chevrolet Silverado insurance rates compared
Column chart showing 2006 Chevrolet Silverado insurance prices range from $650 to $4,336 for full coverage

These differences show why everyone should compare prices for a specific zip code and risk profile, instead of making a decision based on average rates.

Use the form below to get rates for your location.

Enter your zip code below to view companies based on your location that have cheap auto insurance rates.

Recommended Companies for Cheap 2006 Chevrolet Silverado Insurance

Searching Companies

Finding low-cost insurance for a new or used Chevy Silverado 1500 can be a lot of work, but you can use these tips to find lower rates.

There is a better way to shop for car insurance and we’ll show you the absolute fastest way to compare rates for a Chevy and locate the lowest price from local insurance agents and online providers.

Shopping for the lowest cost protection is simple if you know the tricks. If you have a policy now or are shopping for new coverage, you can learn to find better prices and possibly find even better coverage. Drivers only need an understanding of how to find the lowest price over the internet.

Don’t overlook these discounts

The cost of insuring your cars can be expensive, but discounts can save money and there are some available to help offset the cost. Certain discounts will be applied when you purchase, but some must be requested specifically before you get the savings. If you’re not getting every credit you deserve, you’re paying more than you need to.

  • Military Discounts – Having a deployed family member could be rewarded with lower premiums.
  • Pay Upfront and Save – If paying your policy premium upfront instead of making monthly payments you could save up to 5%.
  • No Charge for an Accident – Certain companies allow you one accident before hitting you with a surcharge as long as you don’t have any claims prior to the accident.
  • New Vehicle Savings – Buying coverage on a new vehicle is cheaper due to better safety requirements for new cars.
  • Passive Restraints and Air Bags – Factory air bags and/or automatic seat belt systems can receive discounts up to 30%.

A little note about advertised discounts, some credits don’t apply to your bottom line cost. Most cut specific coverage prices like physical damage coverage or medical payments. Even though it may seem like you can get free auto insurance, companies wouldn’t make money that way. But all discounts will bring down the cost of coverage.

For a list of companies with discount auto insurance rates, follow this link.

Insurance Coverage Quote Comparison

Getting better 2006 Chevy Silverado 1500 insurance coverage pricing is surprisingly easy. You just have to spend a few minutes to compare quotes online from several insurance companies. This can be done using a couple different methods.

The easiest and least time consuming way consumers can make multiple comparisons is a comparison rater form click here to open form in new window. This form prevents you from having to do separate quotation requests to each individual insurance coverage company. One quote request will get you price quotes from all major companies. It’s the fastest way to compare.

A more difficult way to find lower rates is to manually visit each company’s website and fill out their own quote form. For sake of this example, let’s say you want rates from Allstate, Liberty Mutual and State Farm. To get each rate you have to spend time on each company’s site to input your insurance information, and that’s why the first method is more popular. To view a list of companies in your area, click here.

It’s up to you which method you use, but double check that you are using exactly the same coverage information for every company. If your comparisons have different deductibles it will be impossible to truly determine the lowest rate.

Factors influencing Chevy Silverado 1500 insurance rates

An important part of buying insurance is that you know the factors that come into play when calculating your insurance rates. Understanding what impacts premium levels allows you to make educated decisions that could result in big savings.

  • High credit ratings translate to low rates – A driver’s credit score is a huge factor in your rate calculation. People with high credit ratings tend to be more responsible as compared to drivers with lower ratings. If your credit history is low, you could save money insuring your 2006 Chevrolet Silverado 1500 by repairing your credit.
  • The more you drive the more you pay – The higher the mileage driven in a year’s time the higher your rate. The majority of insurers price each vehicle’s coverage based on how the vehicle is used. Cars and trucks used primarily for pleasure use qualify for better rates as compared to vehicles used primarily for driving to work. Double check that your insurance declarations sheet shows the correct usage for each vehicle. If your policy improperly rates your Silverado 1500 may be costing you.
  • How your age affects price – Teen drivers tend to be careless and easily distracted when driving so they pay higher insurance rates. Adding a teen driver onto your insurance can be quite pricey. More mature drivers are more cautious drivers, file fewer claims and get fewer tickets.
  • A clean driving record saves money – Your driving citation history impacts your car insurance rates tremendously. Just one speeding ticket can boost insurance rates by twenty percent. Careful drivers tend to pay less for car insurance than their less careful counterparts. Drivers who have dangerous citations such as reckless driving, hit and run or driving under the influence may need to submit a SR-22 or proof of financial responsibility with their state DMV in order to prevent a license revocation.
  • Don’t cancel a policy without a new one in place – Not having insurance is against the law and insurance companies will penalize you for letting your coverage have a gap. Not only will you pay more, failure to provide proof of insurance may earn you a revoked license or a big fine.Then you may be required to prove you have insurance by filing a SR-22 with your state motor vehicle department to get your license reinstated.
  • One company can mean more discounts – Some companies will give a discount to policyholders who carry more than one policy such as combining an auto and homeowners policy. Discounts can amount to anywhere from five to ten percent in most cases. Even if you’re getting this discount you may still want to shop around to confirm you are receiving the best rates possible.
  • Rates may be lower depending on your job – Did you know your insurance rates can be affected by your occupation? Occupations such as doctors, executives and dentists tend to have the highest average rates due to high stress levels and lots of time spent at work. Other jobs such as farmers, historians and homemakers receive lower rates for Silverado coverage.

Free Auto Insurance Comparison

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Is my situation unique?

When choosing the best insurance coverage coverage for your vehicles, there really is no perfect coverage plan. Every insured’s situation is different.

These are some specific questions might help in determining if your situation might need professional guidance.

  • Is a new car covered when I drive it off the dealer lot?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • How do I file an SR-22 for a DUI in my state?
  • Does my policy pay for OEM or aftermarket parts?
  • What happens if I owe more than my 2006 Chevy Silverado 1500 is worth?
  • Will I lose any money if I cancel my policy before it expires?
  • Does my 2006 Chevy Silverado 1500 need full coverage?
  • How can I force my company to pay a claim?
  • Am I getting all the discounts available?
  • How much underlying liability do I need for an umbrella policy?

If you can’t answer these questions, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, complete this form. It’s fast, free and you can get the answers you need.

Switch companies and save? Really?

Consumers constantly see and hear ads for car insurance savings from companies such as 21st Century, Allstate and State Farm. All the ads have a common claim of big savings after switching your policy.

But how can every company make almost identical claims? This is how they do it.

All the different companies have a certain “appetite” for the right customer that is profitable for them. For example, a profitable customer could possibly be between 25 and 40, owns a home, and has great credit. Any driver that hits that “sweet spot” is entitled to the best price and most likely will save when switching.

Consumers who don’t meet the “perfect” profile must pay a more expensive rate and this can result in business going elsewhere. The ad wording is “customers that switch” not “everyone that quotes” save money. That is how companies can truthfully claim big savings.

This illustrates why you should get as many quotes as possible. It is impossible to predict which company will give you the biggest savings on Chevy Silverado 1500 insurance.

Auto insurance coverages

Having a good grasp of your policy can help you determine the right coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and coverage can change by endorsement.

Comprehensive auto coverage

This coverage pays for damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims like damage from flooding, falling objects and damage from a tornado or hurricane. The most your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses for doctor visits, pain medications, ambulance fees and EMT expenses. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants in addition to any family member struck as a pedestrian. PIP is not available in all states but can be used in place of medical payments coverage

Collision coverage

This coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as backing into a parked car, damaging your car on a curb, colliding with a tree, sustaining damage from a pot hole and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also raise the deductible to bring the cost down.

Coverage for liability

Liability insurance provides protection from damage that occurs to other people or property that is your fault. This insurance protects YOU from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 25/50/25 that translate to a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000. Another option is a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for things like bail bonds, loss of income, medical services and attorney fees. How much coverage you buy is your choice, but buy as large an amount as possible.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Have money to burn

Discount 2006 Chevy Silverado 1500 insurance can be bought from both online companies as well as from independent agents, and you should compare price quotes from both to get a complete price analysis. Some companies don’t offer you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.

When buying insurance coverage, do not buy less coverage just to save a little money. There are many occasions where an insured dropped collision coverage and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your aim should be to buy the best coverage you can find at a price you can afford while not skimping on critical coverages.

In this article, we presented a lot of techniques to lower your insurance rates. The key thing to remember is the more you quote, the higher your chance of finding lower rates. You may be surprised to find that the best price on insurance is with some of the lesser-known companies.

For more information, take a look at the articles below:

Use our FREE quote tool to compare rates now!

Rates by U.S. City

2006 Chevrolet Silverado Insurance Rates by City
City Premium
New York City, NY $1,668
Los Angeles, CA $1,803
Philadelphia, PA $1,411
Jacksonville, FL $1,534
Phoenix, AZ $1,229
Chicago, IL $1,415
Houston, TX $1,654
Seattle, WA $1,026
Columbus, OH $881
Indianapolis, IN $899

Need a specific model?

Choose your model and trim below

Rates by Driver Age

2006 Chevrolet Silverado Insurance Rates by Driver Age
Driver Age Premium
16 $4,336
20 $2,416
30 $1,066
40 $1,056
50 $972
60 $952

Full coverage, $500 deductibles

Rates by Deductible

2006 Chevrolet Silverado Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,206
$250 $1,138
$500 $1,056
$1,000 $978

Full coverage, driver age 40

Rates by Liability Limit

Chevrolet Silverado Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,056
50/100 $1,162
100/300 $1,295
250/500 $1,639
100 CSL $1,215
300 CSL $1,507
500 CSL $1,719

Full coverage, driver age 40

Rates for High Risk Drivers

2006 Chevrolet Silverado Insurance Rates for High Risk Drivers
Age Premium
16 $6,088
20 $3,848
30 $2,282
40 $2,268
50 $2,172
60 $2,150

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $140

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $53
Multi-vehicle $57
Homeowner $19
5-yr Accident Free $61
5-yr Claim Free $65
Paid in Full/EFT $36
Advance Quote $45
Online Quote $70
Total Discounts $406
Rate after discounts $650

Discounts are estimated and may not be available from every company or in every state.

Find companies with the cheapest rates in your area

2006 Chevrolet Silverado Insurance Rates by State
State Premium
Alabama $954
Alaska $810
Arizona $878
Arkansas $1,056
California $1,202
Colorado $1,008
Connecticut $1,084
Delaware $1,196
Florida $1,322
Georgia $976
Hawaii $756
Idaho $714
Illinois $786
Indiana $796
Iowa $712
Kansas $1,000
Kentucky $1,438
Louisiana $1,562
Maine $652
Maryland $872
Massachusetts $844
Michigan $1,832
Minnesota $884
Mississippi $1,266
Missouri $936
Montana $1,134
Nebraska $834
Nevada $1,268
New Hampshire $762
New Jersey $1,180
New Mexico $934
New York $1,112
North Carolina $606
North Dakota $866
Ohio $728
Oklahoma $1,082
Oregon $968
Pennsylvania $1,008
Rhode Island $1,408
South Carolina $958
South Dakota $890
Tennessee $924
Texas $1,272
Utah $780
Vermont $724
Virginia $632
Washington $814
West Virginia $968
Wisconsin $728
Wyoming $940

Free Auto Insurance Comparison

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

You May Also Enjoy These Articles