Who Has the Cheapest Insurance Quotes for a Chevrolet Silverado in New York?
When talking about car insurance, the words “affordable” or “cheap” shouldn’t be used anywhere in the article to describe car insurance rates. Nonetheless, cheap car insurance for a Chevy Silverado is not easy to find. Don’t let that get you down, though, because we are going to show you some ways you can still find and buy coverage that most people can afford.
Finding cheaper auto insurance for a Chevy Silverado in New York depends upon a complicated rating formula that uses factors such as the age of the Silverado, the insurance company you are currently insured with, and the deductible amount you use. New York drivers pay on average $1,160 annually for Silverado insurance, but that is an estimation calculated using a 40-year-old single male driver that included comprehensive and collision coverage and $100 policy deductibles.
More likely than not, you’re not a 40-year-old male, possibly married instead of single, and there is a good chance that there are other drivers on your policy. What appears to be a small change in the factors used to determine rates can create big changes in the cost of insuring your Silverado.
Everone’s needs are different, and this illustrates why your best shot at finding cheap car insurance rates for your Chevrolet is to compare rates from as many companies as possible.
Your vehicle’s trim level impacts the yearly cost, so the price you will pay to insure a Silverado LS Regular Cab 2WD model will be $282 cheaper than the price to insure the high end Silverado Crew Cab Hybrid 4WD model, as shown in the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Silverado LS Regular Cab 2WD||$194||$388||$362||$22||$108||$1,074||$90|
|Silverado LS Regular Cab 4WD||$194||$388||$320||$18||$96||$1,016||$85|
|Silverado LT Regular Cab 2WD||$224||$474||$362||$22||$108||$1,190||$99|
|Silverado LT Regular Cab||$224||$474||$362||$22||$108||$1,190||$99|
|Silverado LS Extended Cab 4WD||$224||$474||$320||$18||$96||$1,132||$94|
|Silverado LT Extended Cab 4WD||$224||$474||$320||$18||$96||$1,132||$94|
|Silverado LT Extended Cab 2WD||$224||$474||$362||$22||$108||$1,190||$99|
|Silverado LS Extended Cab 2WD||$224||$474||$362||$22||$108||$1,190||$99|
|Silverado LT Crew Cab 4WD||$252||$558||$320||$18||$96||$1,244||$104|
|Silverado LS Crew Cab 2WD||$252||$558||$362||$22||$108||$1,302||$109|
|Silverado LS Crew Cab 4WD||$252||$558||$320||$18||$96||$1,244||$104|
|Silverado LT Crew Cab 2WD||$252||$558||$362||$22||$108||$1,302||$109|
|Silverado LTZ Extended Cab 2WD||$252||$558||$362||$22||$108||$1,302||$109|
|Silverado LTZ Extended Cab 4WD||$252||$558||$320||$18||$96||$1,244||$104|
|Silverado LTZ Crew Cab 2WD||$252||$558||$362||$22||$108||$1,302||$109|
|Silverado LTZ Crew Cab 4WD||$252||$558||$320||$18||$96||$1,244||$104|
|Silverado Crew Cab Hybrid 2WD||$252||$642||$320||$18||$96||$1,328||$111|
|Silverado Crew Cab Hybrid 4WD||$280||$642||$320||$18||$96||$1,356||$113|
|Get Your Own Custom Quote Go|
Cost estimates assume single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and New York minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, claim-free, and safe-driver. Prices do not factor in New York location which can influence premium rates greatly.
Choosing a good quality insurer is hard considering how many companies are available to choose from in New York. The ranking information below could help you choose which companies you want to consider shopping prices with.
These rankings are only comprised of companies who write in the majority of U.S. states, so companies with more of a regional focus will not be included in the list. To view rates from these and other top-rated companies, simply click here.
Top 10 Large Car Insurance Companies Overall in New York
- The General
- Mercury Insurance
- The Hartford
- State Farm
- Farmers Insurance
- Erie Insurance
- Safeco Insurance
Top Companies for Chevrolet Silverado Insurance in New York
Types of discounts on New York car insurance rates
Insurance companies that sell the cheapest insurance for a Chevy Silverado in New York could also offer price discounts that could reduce prices by 25% or more if you meet certain criteria. Large car insurance companies and their possible discounts are shown below.
|Discount||Geico||State Farm||Allstate||Progressive||Farmers||Liberty Mutual|
|Daytime running lights||Yes||Yes||No||No||Yes||No|
|Defensive driver training||Yes||Yes||Yes||Yes||Yes||No|
|Active duty military||Yes||Yes||No||Yes||Yes||No|
|Paid in full||Yes||No||Yes||Yes||Yes||Yes|
|Student away from home||No||Yes||Yes||Yes||Yes||Yes|
|Own your home||No||No||No||Yes||Yes||No|
|Compare Prices Go|
The chart below shows the comparison of car insurance costs with and without discounts applied. The premium estimates are based on a male driver, no claims or driving violations, New York state minimum liability limits, full physical damage coverage, and $250 deductibles.
The first bar for each age group shows the price with no discounts. The second bar shows the rates with defensive driving course, homeowner, safe-driver, multiple vehicle, multiple policy, and claim-free discounts applied. When drivers qualify for the discounts, the average amount saved each year on car insurance for a Chevy Silverado is 13% or $156.
Impact of citations and accidents on insurance rates
One of the best ways to earn the most affordable car insurance rates in New York for a Silverado pickup is to be a safe driver and not have accidents or get tickets. The example below illustrates how violations and at-fault claims influence insurance costs for each age group. The rate quotes are based on a single male driver, full coverage, $250 deductibles, and no policy discounts are applied.
The data in the chart shows the average cost of auto insurance in New York per year with no accidents or violations is $1,750. Get one speeding ticket and the average cost rises to $1,972, an increase of $222 each year. Then include two accidents along with the one speeding ticket and the annual cost of car insurance for a Chevy Silverado goes up to an average of $3,933. That’s an increase of $2,184, or $182 per month, just for not maintaining a clean driving record!
How to find economical car insurance for a Chevy Silverado
It’s not impossible to find cheaper rates, and here are some of the recommended thrifty ideas that can help New York drivers buy cheaper coverage.
- Drop full coverage on older vehicles
- Maintaining good credit helps earn cheaper rates
- Save money by bundling your home and auto policies
- Do not get into accidents that are your fault
- Safe vehicles generally have lower rates
- Compare rates once a year for cheaper prices
That last piece of advice is notably critical, as we pointed out in this write-up. Rates in New York vary greatly, so you should be ready to buy a different policy if a more affordable rate is found.
Many drivers have brand loyalty and that’s fine, but is isn’t recommended if that dedication is costing potentially thousands of dollars a year. Spend a few minutes and shop around and find cheaper car insurance for a Chevy Silverado.
Who has the cheapest Chevrolet Silverado insurance quotes?
Consumers have many ways to get affordable car insurance quotes in New York, but the most common are through an exclusive insurance agency such as Auto-Owners or State Farm, a non-exclusive or independent agent, or direct either online or via phone. All three ways can provide car insurance quotes, but they differ in how they provide rate quotes.
Independent agents work with multiple companies and can compare rates with all of them. These types of agents do not write with just one company and can give you more rate choices, which may provide you with improved odds of finding cheaper coverage. If they quote lower rates, an independent agent can move your coverage and you don’t have to find a new agent.
A captive, or exclusive, agent is only able to place business with a single company like an Auto-Owners or State Farm agent. These agents normally cannot compare other company’s rates, which will not provide a complete price comparison.
If you choose to buy car insurance direct, you do not use either of the other two types of agents and instead buy direct from companies such as Esurance or Progressive. Buying direct may be a decent choice drivers who do not have a need for a risk management assessment and have knowledge of how their policy works.
What is the best method to find the cheapest insurance for a Chevy Silverado in New York? Most people assume that shopping direct saves the most money because there isn’t an agent involved, but that generally is not the case. We could also assume that going through an independent agent is the best way since they have more companies to choose from, but that is not necessarily true either. In many cases, exclusive agents may have prices that are the cheapest in New York.
Due to the fact that car insurance rates vary so much, the best way to ensure you are not overpaying for car insurance is to get as many comparison quotes as possible. To cover all the bases, get prices from all three in order to find the best price. For a list of companies with some of the cheapest New York car insurance rates, click here to view.
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