Cheap Insurance Quotes for a Chevrolet Silverado in Indiana

Since we’re writing about auto insurance, the words cheap or affordable should not appear anywhere in the article to describe car insurance rates. Nonetheless, cheap auto insurance for a Chevy Silverado may be a thing of the past. Don’t let that ruin your day, because we are going to tell you how you can quote auto insurance that is cheaper than what you are paying now.

Your odds of finding cheaper car insurance for a Chevy Silverado in Indiana depends on a complex formula that factors things such as the age of the Silverado, if you have ever let your policy lapse, and your motor vehicle report. Drivers in Indiana on average pay around $840 every 12 months to buy Chevrolet Silverado insurance, but that rate is an estimate using rate data for a 40-year-old married male who purchased both comprehensive and collision coverage and $500 policy deductibles.

But there is a good chance that you aren’t exactly 40 years old or even a male, maybe you are single instead of married, or maybe you just want to insure for liability only. Just a minor difference in the factors used to determine rates can lead to a significant difference in the cost of a policy.

Insurance prices are based on the driver profile the best way to find cheap auto insurance rates for your Chevrolet is to comparison shop your policy at every renewal or at least every couple of years. Rate quotes are easy and you can get rates from some of the best insurers that insure Chevrolet vehicles in Indiana.

Compare Chevrolet Silverado Insurance Rates

Your vehicle’s trim level tends to have a direct effect on the yearly cost, so the price you pay to insure a Silverado LS Regular Cab 2WD model will be $158 less expensive the insurance cost for the fancier Silverado Crew Cab Hybrid 4WD version, as shown in the prices below.

Data variables include married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Indiana minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, multi-policy, and claim-free. Rate quotes do not factor in your specific Indiana location which can influence premium rates significantly.

What is the best insurance company in Indiana?

Insuring your vehicle with a high-quality company can be challenging considering how many different companies there are to choose from in Indiana. The ranking data shown next may help you pick which auto insurers you want to consider when comparing insurance rates for a Chevy Silverado. The rankings below only include companies with a national presence, so smaller regional companies are not taken into consideration for this list.

Top 10 Large Auto Insurance Companies Overall in Indiana

1. USAA
2. 21st Century
3. GEICO
4. Nationwide
5. AAA Insurance
6. Liberty Mutual
7. Safeco Insurance
8. State Farm
9. Travelers
10. American Family

Top 10 Large Auto Insurance Companies in Indiana Ranked by Customer Service

1. Nationwide
2. State Farm
3. Safeco Insurance
4. American Family
5. Titan Insurance
6. Travelers
7. Liberty Mutual
8. GEICO
9. Erie Insurance
10. Allstate

Top Companies for Chevrolet Silverado Insurance in Indiana

Careless driving habits raise Indiana insurance rates

The easiest method to enjoy good insurance prices for a Silverado pickup is to be a cautious driver and avoid accidents and keep your driving record clean. The example below shows how speeding tickets and fender-benders can drive up annual premium costs for different insured age categories. The premiums are based on a single male driver, full physical damage coverage, $100 deductibles, and no discounts are taken into consideration.

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In the example above, the average cost of auto insurance in Indiana per year with no accidents and a clean driving record is $2,198. Factor in one speeding ticket and the average cost jumps to $2,475, an increase of $277 each year. Now add one accident along with the one speeding ticket and the 12-month cost of insurance for a Chevy Silverado goes up to an average of $3,262. That’s an increase of $1,064, or $89 per month, just for not driving responsibly!

The diagram below demonstrates how choosing different deductibles can increase or decrease premium costs when searching for cheap insurance for a Chevy Silverado. The premiums assume a married female driver, full physical damage coverage, and no discounts are factored in.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 2017,1869,1703,1541],[‘Age 30’, 1401,1295,1171,1053],[‘Age 40’, 1391,1289,1169,1057],[‘Age 50’, 1225,1137,1033,935],[‘Age 60’, 1167,1079,981,887],[‘Age 70’, 1257,1165,1063,967]]);var options = {title: ‘Deductible Levels and Chevrolet Silverado Insurance Rates in Indiana’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Insurance Cost for a Chevrolet Silverado’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}

The data above shows that a 30-year-old driver could pocket $222 a year by switching their comprehensive and collision coverages from a $100 deductible up to a $500 deductible, or save $334 by switching to a $1,000 deductible. Young drivers, like the Age 20 chart data, could possibly save up to $476 annually by using a higher deductible. If you do decide to increase your deductibles, it will be necessary to have enough funds in savings to cover the extra out-of-pocket expense that is associated with using high deductibles.

Find cheap insurance for a Chevy Silverado in Indiana

Below you’ll find a few thrifty ideas that can help Indiana drivers quote low-cost coverage.

• Save money by only buying liability coverage for older vehicles
• Improve your credit
• Avoid at-fault accidents and claims
• Serious violations like DUI or careless driving can make car insurance unaffordable
• Higher physical damage deductibles lower rates
• Buy safe vehicles
• Shop around and save

That final tip is particularly vital, as we discussed in the prior article. Insurance prices in Indiana can change significantly in a year, so drivers shouldn’t be resistant to buy from a different company if a better deal can be had. Many drivers tend to have loyalty to a certain company, but is isn’t recommended if your bullheadedness ends up costing you hundreds of dollars year after year. It only takes a couple minutes to shop around and find cheaper insurance for a Chevy Silverado.

Which auto insurance company is best?

When it comes to insurance for a Silverado pickup in Indiana, the first places to look would be State Farm, Progressive, Allstate, and Geico. If you combine them together, they insure 48.5% of the entire U.S. auto insurance market. The data below shows some of the ratings and options that are available for buyers.