How Much Does Insurance Cost for a Chevrolet Silverado in Georgia?

Whenever people write about car insurance, the word affordable really should not be used as a descriptor for car insurance rates. Regardless, cheap car insurance for a Chevy Silverado is pretty hard to find. But don’t despair, because we will tell you how you can find and buy car insurance that most people can afford.

Your chances of finding the cheapest coverage for a Chevy Silverado in Georgia depends upon many factors like if you own your home, if you have ever let your coverage lapse, and any driving offenses on your record. Georgia drivers pay approximately $1,350 per year to insure a Chevrolet Silverado, but that policy rate is an approximation using rate data for a 30-year-old single female with both comprehensive and collision coverage and $1,000 policy deductibles.

Chances are that you are not a 30-year-old female, possibly married instead of single, and you might want liability-only or different deductibles. Have just a small change in policy rating criteria or coverages can result in a large change in how much insurance for a Chevy Silverado costs.

Auto insurance is unique to every driver, so the best way to quote the cheapest rates for your Chevrolet is to shop your policy around every couple of years.

View Chevrolet Silverado Insurance Rates

The specific trim level tends to have a direct impact on the cost of coverage, so the price you will pay to insure a Silverado LS Regular Cab 2WD will be $198 less expensive the price to insure the more expensive Silverado Crew Cab Hybrid 4WD trim level, as shown in the chart below.

Premium data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Georgia minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, homeowner, and multi-policy. Premium amounts do not factor in your specific Georgia location which can modify coverage prices greatly.

Establishing which insurers offer the most affordable car insurance rates for a Chevy Silverado takes a little more work in order to find the most economical policy. Each auto insurer has a unique formula for filing rates in each state, so we’ll go over the most affordable car insurance companies in Georgia.

Best Cheap Insurance Rates for Your Silverado Truck

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Auto-Owners may offer some of the lowest car insurance rates in Georgia at around $830 annually. The Hartford, USAA, Central Mutual, and MetLife also rank well as some of the best Georgia auto insurance companies.

As shown above, if you are currently insured with Central Mutual and switched to Auto-Owners, you may see annual savings of approxmiately $327. Georgia drivers with MetLife may save as much as $396 a year, and Georgia Farm Bureau policyholders might lower prices by $443 a year.

If you want to see how much you could save, click here to get quotes or click through to the companies below.

It’s important to note that these premium estimates are averages across all ages of drivers and types of vehicles and do not factor in a specific rate value for a Chevy Silverado. So the car insurance company that is most affordable for your situation may not even be featured in the above rate chart. That underscores the importance of why you need to compare rates from as many companies as possible using your own driver information and specific vehicle type.

Full coverage rates compared to liability only

Finding cheap insurance for a Chevy Silverado in Georgia is important to most people, and one great way to pay less for insurance is to only buy liability coverage. The diagram below compares annual premium costs with full physical damage coverage compared to only buying the minimum liability limits required in Georgia. The premium estimates are based on no claims or driving violations, $500 deductibles, single marital status, and no discounts are applied to the premium.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $500 Deductibles’, ‘Liability Only’],[‘Age 20’, 3423,1393],[‘Age 30’, 1809,763],[‘Age 40’, 1761,707],[‘Age 50’, 1609,663],[‘Age 60’, 1561,651],[‘Age 70’, 1933,871]]);var options = {title: ‘Comparison of Rates for Full Coverage and Liability Only’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Insurance Cost for a Chevrolet Silverado in Georgia’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

If averaged for all ages, comprehensive and collision coverage on your policy costs $2,016 per year over having just liability coverage. That brings up the question if you should buy full coverage. There isn’t a steadfast formula that works best for making the decision to drop full coverage on your policy, but there is a general convention. If the annual cost of your full coverage insurance is 10% or more of replacement cost minus your deductible, then it’s probably a good time to buy liability coverage only.

Discounts on Georgia insurance

<img class="shadow floatright" src="http://www.quoteclickinsure.com/blog/wp-content/uploads/cheapest-insurance-chevy-silverado-ga.jpg" alt="Cheaper Georgia car insurance for a Silverado pickup”/>Auto insurance companies that provide cheap insurance for a Chevy Silverado in Georgia may provide policy discounts that could reduce prices by as much as 25% or more if you are eligible. A list of companies and some of the premium reductions they offer are:

The example below illustrates the comparison of auto insurance rates with and without discounts. The premiums assume a male driver, no accidents, no driving violations, Georgia state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The lower bar shows the rates with vehicle safety, accident-free, defensive driving course, passive restraint, claim-free, and safe-driver discounts applied. When discounts are factored in, the the average amount saved on car insurance for a Chevy Silverado is % or $.

google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Male Driver No Discounts’, ‘Male Driver with Discounts’],[‘Age 20’, 4053,2913],[‘Age 30’, 2107,1529],[‘Age 40’, 2077,1505],[‘Age 50’, 1891,1371],[‘Age 60’, 1833,1323],[‘Age 70’, 2241,1611]]);var options = {title: ‘Comparison of Insurance Rates for a Chevrolet Silverado’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’:{left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9’, ‘#98bee2’],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);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdisc’));chart.draw(data, options);}