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2014 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: Nov 24, 2021

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Average insurance rates for a 2014 Chevrolet Silverado are $1,358 a year including full coverage. Comprehensive costs around $240 each year, collision insurance costs $424, and liability costs $514. Buying a liability-only policy costs as little as $572 a year, and high-risk insurance costs around $2,942. Teenage drivers receive the highest rates at up to $5,296 a year.

Annual premium for full coverage: $1,358

Rate estimates for 2014 Chevrolet Silverado Insurance

Comprehensive $240
Collision $424
Liability $514

Rate data is compiled from all 50 U.S. states and averaged for all 2014 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 range from as low as $572 for only liability insurance to a high rate of $2,942 for a high risk driver.

Liability Only $572
Full Coverage $1,358
High Risk $2,942

View Chart as Image

2014 Chevrolet Silverado insurance rates compared
Column chart showing 2014 Chevrolet Silverado insurance prices range from $797 to $5,296 for full coverage

These differences highlight why all drivers should compare rates 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 2014 Chevrolet Silverado Insurance

Searching Companies

Feel like you’re a prisoner to an overpriced car insurance policy? Believe me when I say there are a lot of people just like you who feel imprisoned by their car insurance policy. Many car insurance companies compete for your insurance dollar, and it can be difficult to compare rates and uncover the absolute cheapest price

It’s a great practice to check car insurance prices on a regular basis because prices are rarely the same from one policy term to another. Just because you had the lowest rates on Silverado coverage a few years ago a different company probably has better rates today. Ignore everything you know about car insurance because we’re going to demonstrate one of the best ways to buy cheaper car insurance.

Quick Auto Insurance Quotes

Lowering your 2014 Chevy Silverado 1500 auto insurance rates can be surprisingly simple. Just take time getting comparison quotes online from several insurance companies. This can be done in a couple of different ways.

  • Probably the best way to compare a lot of rates at once is to use a rate comparison form click here to open form in new window. This method eliminates the need for boring form submissions for every auto insurance company. Completing one form gets you price quotes from several companies.
  • Another way to obtain and compare quotes online requires a visit to each individual company website and fill out their own quote form. For instance, we’ll pretend you want comparison quotes from GEICO, Safeco and Travelers. To get rate quotes you would need to go to every website and enter your policy data, which is why the first method is more popular. For a handy list of car insurance company links in your area, click here.
  • The most time-consuming way of getting rate comparisons is to drive around to local insurance agencies. Shopping for auto insurance online has reduced the need for local agents unless you prefer the trained guidance that only a license agent can provide. You can, however, price shop online and still use a local agent.

It’s up to you which method you use, but make darn sure you compare apples-to-apples coverage limits for each comparison quote. If you are comparing differing limits it’s not possible to determine which rate is truly the best.

Take advantage of discounts

Insurance can cost an arm and a leg, but there could be available discounts that can drop the cost substantially. Certain discounts will be triggered automatically when you complete an application, but a few must be manually applied in order for you to get them. If you’re not getting every credit you deserve, you’re paying more than you need to.

  • Payment Discounts – If you pay your bill all at once instead of paying each month you could save 5% or more.
  • Drive Less and Save – Fewer annual miles on your Chevy can earn lower rates on the low mileage vehicles.
  • Good Student – Getting good grades can earn a discount of 20% or more. This discount can apply well after school through age 25.
  • No Accidents – Claim-free drivers can earn big discounts when compared with frequent claim filers.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles prevent accidents and earn discounts up to 10%.
  • Drivers Education – Cut your cost by having your teen driver successfully complete driver’s ed class in high school.

Drivers should understand that some credits don’t apply to all coverage premiums. A few only apply to individual premiums such as physical damage coverage or medical payments. So when the math indicates it’s possible to get free car insurance, you’re out of luck. Any qualifying discounts will help reduce the cost of coverage.

Car insurance companies who might offer some of the above discounts are:

  • Progressive
  • Farmers Insurance
  • Farm Bureau
  • State Farm
  • Liberty Mutual

Check with every prospective company how you can save money. Discounts may not apply in your state.

Free Auto Insurance Comparison

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

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How to know if you need help

When choosing proper insurance coverage, there isn’t really a cookie cutter policy. Everyone’s situation is a little different so your insurance needs to address that. Here are some questions about coverages that may help highlight if your situation will benefit from professional help.

  • Is other people’s property covered if stolen from my vehicle?
  • What is the ISO rating for a 2014 Chevy Silverado 1500?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Is my custom paint covered by insurance?
  • How can I get my company to pay me more for my totalled car?
  • Do I benefit by insuring my home with the same company?
  • Why do I need rental car insurance?
  • Do I really need UM/UIM coverage?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with an agent. If you don’t have a local agent, complete this form or click here for a list of car insurance companies in your area. It only takes a few minutes and can help protect your family.

Don’t listen to company ads

Consumers can’t get away from ads for car insurance savings from the likes of GEICO, State Farm and Progressive. All the ads say the same thing that you can save if you change your coverage to them.

How can each company make the same claim?

Insurance companies have a preferred profile for the type of customer that earns them a profit. For instance, a preferred risk might be over the age of 50, is a homeowner, and has great credit. Any new insured who matches those parameters receives the best rates and most likely will cut their rates substantially.

Drivers who don’t meet the “perfect” profile must pay a higher premium and this can result in business not being written. The ads state “drivers who switch” not “people who quote” save that kind of money. That’s the way companies can truthfully claim big savings.

This illustrates why it is so important to get as many comparisons as possible. It’s impossible to know the company that will provide you with the cheapest Chevy Silverado 1500 insurance rates.

Detailed coverages of your insurance policy

Understanding the coverages of a insurance policy can help you determine the right coverages and the correct deductibles and limits. Policy terminology can be confusing and even agents have difficulty translating policy wording. Below you’ll find the normal coverages found on the average insurance policy.

Liability auto insurance – Liability coverage provides protection from damage or injury you incur to other people or property. This insurance protects YOU against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Another option is a combined single limit or CSL that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers claims like emergency aid, court costs, attorney fees and repair costs for stationary objects. How much coverage you buy is up to you, but buy as high a limit as you can afford.

Comprehensive or Other Than Collision – This pays for damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against things like hitting a deer, vandalism, theft, rock chips in glass and damage from getting keyed. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Medical costs insurance – Coverage for medical payments and/or PIP reimburse you for expenses like EMT expenses, rehabilitation expenses, doctor visits, ambulance fees and pain medications. They can be used to fill the gap from your health insurance program or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not an option in every state and may carry a deductible

Collision – This covers damage to your Silverado 1500 from colliding with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like crashing into a ditch, hitting a parking meter and backing into a parked car. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Another option is to raise the deductible to save money on collision insurance.

UM/UIM Coverage – This coverage provides protection from other motorists when they 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.

Because many people carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is very important. Normally these limits are set the same as your liablity limits.

More effort can pay off

In this article, we covered many tips how you can reduce 2014 Chevy Silverado 1500 insurance prices online. The most important thing to understand is the more you quote, the higher the chance of saving money. You may be surprised to find that the most savings is with a small mutual company. Some small companies can often provide lower rates in certain areas as compared to the big name companies such as Allstate and Progressive.

Discount insurance can be found online as well as from independent agents, so compare prices from both to get a complete price analysis. A few companies don’t offer you the ability to get quotes online and these small insurance companies work with independent agents.

For more information, feel free to browse the resources below:

  • Car Insurance FAQ (Trusted Choice)
  • Safe Vehicles for Teens (iihs.org)
  • Auto Insurance for Teen Drivers (Insurance Information Insitute)
  • Teen Driving Statistics (GEICO)

Use our FREE quote tool to compare rates now!

Rates by U.S. City

2014 Chevrolet Silverado Insurance Rates by City
City Premium
New York City, NY $2,145
Los Angeles, CA $2,316
Philadelphia, PA $1,809
Jacksonville, FL $1,970
Phoenix, AZ $1,579
Chicago, IL $1,818
Houston, TX $2,124
Seattle, WA $1,318
Columbus, OH $1,135
Indianapolis, IN $1,157

Need a specific model?

Choose your model and trim below

Rates by Driver Age

2014 Chevrolet Silverado Insurance Rates by Driver Age
Driver Age Premium
16 $5,296
20 $3,138
30 $1,396
40 $1,358
50 $1,246
60 $1,220

Full coverage, $500 deductibles

Rates by Deductible

2014 Chevrolet Silverado Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,648
$250 $1,512
$500 $1,358
$1,000 $1,206

Full coverage, driver age 40

Rates by Liability Limit

Chevrolet Silverado Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,358
50/100 $1,461
100/300 $1,589
250/500 $1,923
100 CSL $1,512
300 CSL $1,795
500 CSL $2,001

Full coverage, driver age 40

Rates for High Risk Drivers

2014 Chevrolet Silverado Insurance Rates for High Risk Drivers
Age Premium
16 $7,514
20 $5,002
30 $2,986
40 $2,942
50 $2,812
60 $2,786

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 $189

Potential Rate Discounts

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

Discount Savings
Multi-policy $71
Multi-vehicle $73
Homeowner $22
5-yr Accident Free $93
5-yr Claim Free $87
Paid in Full/EFT $57
Advance Quote $64
Online Quote $94
Total Discounts $561
Rate after discounts $797

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

Find companies with the cheapest rates in your area

2014 Chevrolet Silverado Insurance Rates by State
State Premium
Alabama $1,226
Alaska $1,040
Arizona $1,128
Arkansas $1,358
California $1,544
Colorado $1,294
Connecticut $1,392
Delaware $1,534
Florida $1,698
Georgia $1,254
Hawaii $974
Idaho $918
Illinois $1,010
Indiana $1,024
Iowa $916
Kansas $1,288
Kentucky $1,850
Louisiana $2,008
Maine $840
Maryland $1,120
Massachusetts $1,084
Michigan $2,356
Minnesota $1,134
Mississippi $1,624
Missouri $1,202
Montana $1,458
Nebraska $1,070
Nevada $1,628
New Hampshire $978
New Jersey $1,518
New Mexico $1,200
New York $1,430
North Carolina $782
North Dakota $1,112
Ohio $938
Oklahoma $1,392
Oregon $1,244
Pennsylvania $1,292
Rhode Island $1,810
South Carolina $1,230
South Dakota $1,146
Tennessee $1,186
Texas $1,634
Utah $1,004
Vermont $930
Virginia $812
Washington $1,046
West Virginia $1,244
Wisconsin $938
Wyoming $1,208

Free Auto Insurance Comparison

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

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