Cheapest Insurance Quotes for a Chevrolet Silverado in Connecticut

The chances of buying affordable coverage for a Chevy Silverado in Connecticut depends upon a lot of rating factors such as how experienced of a driver you are, whether or not you garage your vehicle, and violations on your driving record. Drivers in Connecticut pay around $1,110 each year to insure their Silverado, but that figure is an approximation based on rate data for a 50-year-old single male who purchased full coverage including both comprehensive and collision and $500 deductibles.

There is a really good chance that you are not 50 and possibly not even male, married instead of single, or maybe your Silverado doesn’t need comprehensive and collision coverage. Even a minor change in rating variables or coverage information can make a huge difference in the cost of coverage for a Chevy Silverado.

Every driver has different characteristics, so the best method for finding the cheapest rates for your Chevrolet is to make a habit of comparing rates at every renewal. To cut your rates now, get a free quote and you can get prices from the cheapest companies that offer coverage in Connecticut.

Compare Chevrolet Silverado Insurance Rates

Your vehicle’s trim level will have an impact the insurance rate, so the cost to insure a Silverado LS Regular Cab 2WD model will be $204 cheaper than the price to insure the more costly Silverado Crew Cab Hybrid 4WD model, as demonstrated by the prices below.

Data based on single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Connecticut minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, claim-free, and multi-policy. Premium costs do not factor in vehicle garaging location which can increase or decrease auto insurance rates significantly.

Picking a highly-rated auto insurance provider can be a challenge considering how many companies sell coverage in Connecticut. The ranking data below could help you analyze which companies to look at when trying to find cheaper insurance for a Chevy Silverado. The ratings below are only comprised of companies that write coverage in many states, so smaller companies that only insure vehicles in Connecticut are not taken into consideration for these rankings.

Top 10 Large Car Insurance Companies in Connecticut Ranked by Customer Satisfaction

1. The Hartford – 93%
2. The General – 91%
3. Progressive – 90%
4. 21st Century – 89%
5. State Farm – 87%
6. Travelers – 87%
7. USAA – 87%
8. Safeco Insurance – 86%
9. AAA Insurance – 86%
10. American Family – 85%

Top Companies for Chevrolet Silverado Insurance in Connecticut

Rate difference between full and liability-only coverage

Finding the cheapest insurance for a Chevy Silverado in Connecticut is probably important to the majority of drivers, and a great way to pay lower rates for insurance is to not pay for full coverage. The illustration below shows the difference between auto insurance rates when comparing full coverage to liability only. The data assumes no accidents, no driving violations, $1,000 deductibles, single marital status, and no policy discounts are applied.

If we average the cost for ages 20 through 70, full coverage costs an additional $1,838 per year more than insuring for liability only. That proposes the question if you should buy full coverage. There is no set rule to stop buying physical damage coverage on your policy, but there is a general convention. If the yearly cost of comp and collision coverage is 10% or more of the replacement cost minus the deductible, then you may need to consider dropping full coverage.

For example, let’s say your vehicle’s book value is $4,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $3,000 after paying your deductible. If premiums are more than $300 annually to have full coverage, then it might be time to buy liability only.

There are some situations where dropping physical damage coverage is not in your best interest. If you have an outstanding loan on your vehicle, you must maintain physical damage coverage as part of the loan requirements. Also, if you don’t have enough money to buy a different vehicle if your current one is in an accident, you should keep full coverage.

Cheapest car insurance: State Farm, Progressive, Allstate, or Geico

When shopping for insurance for a Silverado pickup in Connecticut, the first places to look would be State Farm, Progressive, Allstate, and Geico. Combined they insure about 50% of all car insurance policies in America. All offer your standard physical damage and liability coverages, but each one has slightly different coverage options that may influence which company you choose. The table below illustrates price and claims rank as well as some different options .