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2007 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 ...

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UPDATED: Apr 19, 2021

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Average insurance rates for a 2007 Chevrolet Silverado are $1,120 a year including full coverage. Comprehensive insurance costs approximately $170 each year, collision costs $236, and liability coverage costs $534. Buying a liability-only policy costs as little as $588 a year, with high-risk insurance costing $2,414 or more. Teenage drivers receive the highest rates at $4,550 a year or more.

Annual premium for full coverage: $1,120

Rate estimates for 2007 Chevrolet Silverado Insurance

Comprehensive $170
Collision $236
Liability $534

Rate data is compiled from all 50 U.S. states and averaged for all 2007 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 a middle-aged driver, prices range go from as low as $588 for only liability insurance to a high rate of $2,414 for a high risk driver.

Liability Only $588
Full Coverage $1,120
High Risk $2,414

View Chart as Image

2007 Chevrolet Silverado insurance rates compared
Column chart showing 2007 Chevrolet Silverado insurance prices range from $681 to $4,550 for full coverage

These differences highlight why all drivers should compare rates using their specific location and risk profile, rather than using 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 2007 Chevrolet Silverado Insurance

Searching Companies

Searching for better insurance prices for a Chevy Silverado 1500 can be a painful process, but you can use a few tricks to make it easier. There is a better way to find car insurance online for Chevy trucks so we’re going to tell you the quickest way for customers to get price quotes for a new or used Chevy and obtain the lowest price from local insurance agents and online providers.

Consumers should take time to get comparison quotes on a regular basis since insurance rates go up and down regularly. If you had the best price for Silverado coverage last year there may be better deals available now. Block out anything you think you know about car insurance because we’re going to demonstrate the fastest and easiest way to properly buy coverages while reducing your premium.

Buying car insurance is quite easy. If you have a policy now or need new coverage, you will benefit by learning to get lower rates and still get good coverage. Vehicle owners just need to learn how to get comparison quotes on the web.

How can you buy insurance coverage online?

Getting a lower price on 2007 Chevy Silverado 1500 insurance is surprisingly easy regardless of truck trim level. All you need to do is spend a little time comparing price quotes online with multiple companies. This can be accomplished in a couple of different ways.

  1. The recommended way consumers can analyze rates is to use a rate comparison form click to view form in new window. This method keeps you from doing repetitive form submissions for every insurance coverage company. A single form will return quotes from multiple companies. This is perfect if you don’t have a lot of time.
  2. A more difficult way to compare rate quotes is going to the website for each individual company to complete their respective quote request forms. For examples sake, we’ll pretend you want rates from GEICO, Allstate and State Farm. To get each rate you have to take the time to go to each site and enter your policy data, which is why most consumers use the first method.
    For a list of links to insurance companies in your area, click here.

However you get your quotes, make darn sure you compare the exact same deductibles and coverage limits with each company. If you have different deductibles you can’t possibly determine the lowest rate for your Chevy Silverado 1500.

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How can you tailor your coverage to you?

When buying coverage for your vehicles, there is no cookie-cutter policy. Every situation and driver is different.

These are some specific questions that might point out whether you will benefit from professional help.

  • Do I need PIP (personal injury protection) coverage in my state?
  • I have health insurance so do I need medical payments coverage?
  • How much liability insurance is required?
  • Do I need replacement cost coverage on my 2007 Chevy Silverado 1500?
  • What is roadside assistance coverage to tow vehicle?
  • Can I afford to pay high deductible claims out of pocket?
  • Are you the 1st owner, 2nd owner, 3rd owner, 4th owner, 5th owner, or later? How old is the vehicle?

Certain options on your Chevy Silverado can change how much your coverage is. A brand-new vehicle will be pricier than a used one, and the range of customers features and trim levels can change it as well, such as the suspension package, luxury features that would need to be replaced or repaired, engine choices, and more.

If you’re not sure about those questions but one or more may apply to you, you may need to chat with a licensed insurance agent. If you don’t have a local agent, fill out this quick form. It only takes a few minutes and can provide invaluable advice.

What do you need to know about specific coverages?

Understanding the coverages of an insurance policy helps when choosing appropriate coverage for your vehicles. Policy terminology can be confusing and coverage can change by endorsement.

Comprehensive coverage (or Other than Collision) – This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as damage from flooding, rock chips in glass, fire damage, hitting a deer and hitting a bird. The highest amount a insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Liability insurance – Liability insurance protects you from injuries or damage you cause to people or other property in an accident. This coverage protects you against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 25/50/25 that means you have a $25,000 limit per person for injuries, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability coverage pays for claims such as emergency aid, funeral expenses, repair bills for other people’s vehicles and repair costs for stationary objects. How much liability should you purchase? That is up to you, but consider buying higher limits if possible.

Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your Chevy Silverado 1500.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.

Collision coverage – This coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims like hitting a parking meter, rolling your car and colliding with another moving vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses for dental work, doctor visits, rehabilitation expenses and ambulance fees. They 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 and will also cover being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and may carry a deductible

Use our FREE quote tool to compare rates now!

Rates by U.S. City

2007 Chevrolet Silverado Insurance Rates by City
City Premium
New York City, NY $1,767
Los Angeles, CA $1,914
Philadelphia, PA $1,492
Jacksonville, FL $1,624
Phoenix, AZ $1,302
Chicago, IL $1,498
Houston, TX $1,752
Seattle, WA $1,086
Columbus, OH $932
Indianapolis, IN $956

Need a specific model?

Choose your model and trim below

Rates by Driver Age

2007 Chevrolet Silverado Insurance Rates by Driver Age
Driver Age Premium
16 $4,550
20 $2,568
30 $1,136
40 $1,120
50 $1,030
60 $1,008

Full coverage, $500 deductibles

Rates by Deductible

2007 Chevrolet Silverado Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,294
$250 $1,214
$500 $1,120
$1,000 $1,026

Full coverage, driver age 40

Rates by Liability Limit

Chevrolet Silverado Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,120
50/100 $1,227
100/300 $1,360
250/500 $1,707
100 CSL $1,280
300 CSL $1,574
500 CSL $1,788

Full coverage, driver age 40

Rates for High Risk Drivers

2007 Chevrolet Silverado Insurance Rates for High Risk Drivers
Age Premium
16 $6,408
20 $4,094
30 $2,430
40 $2,414
50 $2,308
60 $2,284

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 $151

Potential Rate Discounts

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

Discount Savings
Multi-policy $56
Multi-vehicle $61
Homeowner $20
5-yr Accident Free $68
5-yr Claim Free $70
Paid in Full/EFT $40
Advance Quote $49
Online Quote $75
Total Discounts $439
Rate after discounts $681

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

Find companies with the cheapest rates in your area

2007 Chevrolet Silverado Insurance Rates by State
State Premium
Alabama $1,012
Alaska $858
Arizona $930
Arkansas $1,120
California $1,276
Colorado $1,066
Connecticut $1,150
Delaware $1,266
Florida $1,400
Georgia $1,034
Hawaii $804
Idaho $758
Illinois $832
Indiana $846
Iowa $756
Kansas $1,062
Kentucky $1,528
Louisiana $1,656
Maine $692
Maryland $924
Massachusetts $894
Michigan $1,942
Minnesota $938
Mississippi $1,342
Missouri $992
Montana $1,202
Nebraska $884
Nevada $1,344
New Hampshire $808
New Jersey $1,254
New Mexico $990
New York $1,178
North Carolina $646
North Dakota $916
Ohio $770
Oklahoma $1,148
Oregon $1,026
Pennsylvania $1,066
Rhode Island $1,492
South Carolina $1,016
South Dakota $946
Tennessee $978
Texas $1,348
Utah $828
Vermont $768
Virginia $670
Washington $862
West Virginia $1,026
Wisconsin $776
Wyoming $996

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