Who Has the Cheapest Insurance Quotes for a Chevrolet Silverado in South Carolina?

The chances of buying the cheapest car insurance for a Chevy Silverado in South Carolina depends upon a lot of factors like if you are a renter or homeowner, if you have prior claims, and your choice of physical damage deductibles. Drivers in South Carolina pay an average rate of $1,080 per year to buy Chevrolet Silverado insurance, but that policy rate is a valuation assuming a 50-year-old single female that wants full physical damage coverage and $500 deductibles.

When making auto insurance estimates, the issue arises that you are not 50 years old and maybe not even female, married instead of single, or you just want cheap liability insurance instead of full coverage. The different assumptions illustrate why the best way to find cheap auto insurance rates for your Chevrolet is to just take the time to do a thorough rate comparison.

Click Here to Start Your Quote

The trim level of your Chevrolet will influence the insurance rate, so the price to insure a Silverado LS Regular Cab 2WD trim level will be $192 cheaper than the cost to insure the more expensive Silverado Crew Cab Hybrid 4WD model, as shown by the rates below.

Data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and South Carolina minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-vehicle, and multi-policy. Table data does not factor in specific South Carolina garaging location which can lower or raise premium rates significantly.

Selecting a highly-rated insurance company can be a challenge considering how many companies there are in South Carolina. The rank data shown next could help you select which insurers you want to consider when trying find the best insurance for a Chevy Silverado. The ratings below are only comprised of the largest companies in the United States, so smaller regional companies are not factored into the list.

Top 10 Major Car Insurance Companies in South Carolina Ranked by Customer Service

1. USAA
2. Travelers
3. AAA Insurance
4. Nationwide
5. Safeco Insurance
6. Progressive
7. State Farm
8. The Hartford
9. The General
10. Esurance

Top Companies for Chevrolet Silverado Insurance in South Carolina

The example below demonstrates how deductible levels can affect insurance rates when quoting cheap insurance for a Chevy Silverado. Data assumes a married female driver, full physical damage coverage, and no additional discounts are factored in.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 2555,2341,2097,1863],[‘Age 30’, 1789,1633,1455,1283],[‘Age 40’, 1767,1617,1445,1279],[‘Age 50’, 1551,1421,1271,1131],[‘Age 60’, 1477,1353,1209,1073],[‘Age 70’, 1591,1457,1309,1167]]);var options = {title: ‘Effect of Higher Deductibles on Chevrolet Silverado Insurance Rates in South Carolina’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Insurance Cost for a Chevrolet Silverado’,minValue: 0,format: ‘$###,###’},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 50-year-old driver could lower their policy premium by $280 a year by changing their physical damage coverage from a $100 deductible to a $500 deductible, or save $420 by using a $1,000 deductible. Young drivers, such as the 20-year-old chart data, could reduce their rates $692 annually just by choosing higher deductibles when buying full coverage. When raising deductibles, it is a good idea to have additional funds in a savings account to offset the extra out-of-pocket expense, which is the one shortcoming of high deductibles.

Chances are good that you’re overpaying for Silverado insurance

South Carolina car insurance rates are calculated based on many things that will increase or decrease the cost of having a policy. Turning one year older, marrying your spouse, or getting a driving violation may cause policy rate changes that can cause some rates to be more affordable than others.

And not only may your rating factors change, but companies change their prices at least once a year to ensure their profitability. An extended period of higher than normal claims can cause additional price hikes, while profitable underwriting may result in cheaper Silverado insurance rates.

To help illustrate this point, the bar chart below shows the companies that have the cheapest car insurance in South Carolina for a 40-year-old male driver with no violations or accidents, and great credit. Based on his current risk factors, The Hartford may have the lowest car insurance rates in South Carolina at $745 a year. This is $864 less than the average premium paid by South Carolina drivers of $1,609. USAA, State Auto, Auto-Owners, and Southern Farm Bureau round out the rest of the most affordable South Carolina auto insurance companies.

google.charts.setOnLoadCallback(drawSCWitcqcibChart);function drawSCWitcqcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }],[‘The Hartford’, 745, ‘#187C6B’],[‘USAA’, 985, ‘#146759’],[‘State Auto’, 1138, ‘#10554A’],[‘Auto-Owners’, 1153, ‘#0D463D’],[‘Southern Farm Bureau’, 1260, ‘#0A3A32’]]);var options = {title: ‘Best Auto Insurance Rates for a Chevrolet Silverado’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 300,’chartArea’: {left:0,top:50,’width’: ‘100%’, ‘height’: ‘70%’},bar: {groupWidth: “90%”},legend: {position: ‘none’},vAxis: {viewWindowMode:’explicit’,viewWindow:{max:1360,min:0}}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});var view = new google.visualization.DataView(data);view.setColumns([0, 1,{ calc: “stringify”,sourceColumn: 1,type: “string”,role: “annotation” },2]);formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.ColumnChart(document.getElementById(‘qcibwitc’));chart.draw(view, options);}

Let’s now give the driver from the above example a chargeable accident, poor credit, and a blemish on his driving record. Because every insurance company has a proprietary formula to determing premium rates, analyzing rates could result in a slightly different list of affordable South Carolina car insurance companies as shown below.

google.charts.setOnLoadCallback(drawSCWcqcibChart);function drawSCWcqcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }],[‘Travelers’, 1477.3, ‘#FF7100’],[‘USAA’, 1477.5, ‘#D45E00’],[‘National Grange Mutual’, 1497.1, ‘#B04E00’],[‘State Farm’, 1518, ‘#924100’],[‘The Hartford’, 1617.5, ‘#793600’]]);var options = {title: ‘Best Rates for Imperfect Drivers’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 300,’chartArea’:{left:0,top:50,’width’: ‘100%’, ‘height’: ‘70%’},bar: {groupWidth: “90%”},legend: {position: ‘none’},vAxis: {viewWindowMode:’explicit’,viewWindow:{max:1717.5,min:0}}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});var view = new google.visualization.DataView(data);view.setColumns([0, 1,{ calc: “stringify”,sourceColumn: 1,type: “string”,role: “annotation” },2]);formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.ColumnChart(document.getElementById(‘qcibwc’));chart.draw(view, options);}

Travelers now has the cheapest auto insurance in South Carolina with USAA, National Grange Mutual, State Farm, and The Hartford now being in the top five. This example illustrates why drivers need to compare many different companies to get the most economical insurance rates for a Chevy Silverado. Insurance rates are determined by many factors and can decrease or increase without notice, so the most economical company when you bought your policy may now be costing you a lot of money.

How to find budget-friendly auto insurance for a Chevy Silverado

Here are some of the better penny-pinching solutions that can help drivers buy the cheapest car insurance.

• If possible, pay for small claims out-of-pocket
• Save money by insuring older vehicles for liability only
• Avoid having at-fault accidents
• Buying car and homeowners insurance together can save money
• Tickets and violations raise rates
• Get cheaper liability coverage by choosing a safer vehicle
• Compare prices as often as possible

The last item on the list is notably vital, as was noted in this article. Auto insurance prices can change considerably based on profitability, so don’t be tentative to switch carriers if you find a better deal. Brand loyalty is great, but it’s not a good idea if that stubbornness costs you several hundred dollars every year. In just a couple of minutes you could shop around to find cheaper car insurance for a Chevy Silverado.

Who has the cheapest Chevrolet Silverado insurance quotes?

Drivers have a lot of ways to quote car insurance rates in South Carolina, but the most popular are through an independent agent, a captive (or exclusive) agent like State Farm or Allstate, or direct from companies such as Progressive or Geico. They all have the same basic principle, but car insurance buyers need to understand the differences in how they price policies.

Independent insurance agents can place your business with multiple companies and can get rate quotes from each one. Independent agents are not limited to a single company and can give you more rate choices, which can give you a better chance of saving money. If a cheaper price is found, your policy can be moved and the insured can keep the same agent.

An exclusive ageny is restricted to quoting rates for one company, two examples are an Allstate or Liberty Mutual agent. Exclusive agents generally are unable to quote prices from more than a single company, which requires you to shop around.

Choosing to buy car insurance direct means you skip an agent and instead buy direct either online or via phone. Buying direct is a good choice for consumers who do not need risk management and have a good understanding of the limitations of their policy.

Which way is best to find the cheapest insurance for a Chevy Silverado in South Carolina? Most drivers assume that shopping direct results in the best prices because there is no agent taking a commission, but that turns out to not be true. It could also be said an independent agent is the best way since they can provide multiple quotes, but that’s not always true, either. In many circumstances, exclusive agents have really good rates that are well below what direct and independents offer.

Because of the variability of car insurance rates, the best method to buy the cheapest coverage is to compare lots of quotes. Put in the effort to get quotes from all three types to have enough rates to compare. For a list of companies offering online discounts, click here to view.