Cheap Insurance Quotes for a Chevrolet Silverado in Hawaii

Our content editors always give us grief that when writing about auto insurance, the words “cheap” or “affordable” should not be used as a descriptor for auto insurance rates. Sad but true, cheap auto insurance for a Chevy Silverado is pretty hard to find. We’ll try to make it up to you, because we can show you some ways you can quote auto insurance that is cheaper than what you are paying now.

Your chances of finding the best cheap auto insurance for a Chevy Silverado in Hawaii depends upon a calculation that uses factors like the number of years you have been driving, your credit history, and any prior driving offenses you have. Hawaii drivers pay on average $940 annually for Silverado insurance, but that cost is an estimation that rates a 40-year-old single male that includes full coverage including both comprehensive and collision and $500 physical damage deductibles.

There is a high probability that you’re not a 40-year-old male, maybe you are married instead of single, or maybe you have a teen driver on your policy that needs to be considered. Having different needs demonstrates why the most reliable way to find the cheapest rates for your Chevrolet is to compare rates from as many companies as possible.

Save Now on Silverado Insurance

The trim level of your vehicle will influence the yearly cost, so the price you will pay to insure a Silverado LS Regular Cab 2WD will be $176 cheaper than the insurance cost for the higher-priced Silverado Crew Cab Hybrid 4WD trim level, as shown by the rates below.

Prices based on single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Hawaii minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Rate information does not factor in zip code location which can lower or raise coverage rates significantly.

Insuring your vehicle with a high-quality company can be difficult considering how many companies are available to choose from in Hawaii. The information shown below could help you select which providers you want to consider when looking for cheaper rates. These ratings are for insurance companies that insure vehicles in the majority of U.S. states, so companies that may only write in Hawaii are not factored into this list.

Discounts on cheap insurance for a Chevy Silverado in Hawaii

Car insurance companies that offer quotes for a Chevy Silverado may have rate discounts that can reduce rates by as much as 25% or more if you qualify for them. A few popular companies and a selection of discounts are:

The chart below shows the difference between premium costs with and without discounts applied to the rates. The premiums assume a male driver, no claims or driving violations, Hawaii state minimum liability limits, comp and collision included, and $1,000 deductibles.

The first bar for each age group shows insurance cost with no discounts. The second bar shows the rates with marriage, defensive driving course, multiple vehicle, accident-free, passive restraint, and anti-theft discounts applied. When drivers take advantage of discounts, the the amount saved on insurance for a Chevy Silverado is 42% or $424.

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Full coverage or liability only

Finding cheap insurance for a Chevy Silverado in Hawaii is probably important to most drivers, and one common way to buy cheap insurance is to not pay for full coverage. The information below illustrates the difference between car insurance rates with full coverage and liability only. The costs are based on no accidents, no driving violations, $1,000 deductibles, drivers are not married, and no discounts are factored in.

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If averaged for all ages, comp and collision coverage costs $1,412 per year more than insuring for liability only. That is a significant amount which raises the question if you should buy full coverage. There isn’t a written rule of when to drop comprehensive and collision coverage on your policy, but there is a general guideline you can use. If the yearly cost for physical damage coverage is more than around 10% of replacement cost minus your deductible, then you might want to think about dropping full coverage.

For example, let’s pretend your vehicle’s claim settlement value is $10,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would get paid by your company is $9,000 after the policy deductible has been paid. If you are currently paying more than $900 annually for comprehensive and collision coverage, then you might want to think about dropping full coverage.

State Farm, Allstate, Progressive, or Geico: Who is cheapest?

If you are shopping around for car insurance, four of the larger companies to compare rates for are State Farm, Allstate, Progressive, and Geico. The table below rates some of the different options and features that are available.