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

Your ability to find the best cheap auto insurance for a Chevy Silverado in Minnesota is contingent on a very complex rating algorithm that uses multiple factors like how old you are, if you have ever let your policy lapse, and any past driving violations you may have had. Minnesota drivers pay an average of $750 each year to insure a Chevrolet Silverado, but that policy rate is a ballpark figure based on a 50-year-old married female driver who purchased full physical damage coverage and $1,000 policy deductibles.

The problem with using this number is the good chance you are not 50 and possibly not even female, single instead of married, or maybe your Silverado doesn’t need full coverage. Just a minor difference in policy rating data can result in a big discrepancy in the coverage rate.

Every driver’s needs are different, and that is why the best way to quote the cheapest insurance price for your Chevrolet is to make a habit of comparing prices at least once a year.

Compare Chevrolet Silverado Insurance Rates

Vehicle trim level tends to impact the yearly cost, so the rate you pay to insure a Silverado LS Regular Cab 2WD will cost $108 less than the insurance cost for the fancier Silverado Crew Cab Hybrid 4WD model, as shown in the table below.

Prices above based on married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Minnesota minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Price estimates do not factor in garaging location in Minnesota which can impact coverage rates significantly.

Finding the top car insurance provider is hard considering how many different companies sell coverage in Minnesota. The ranking information listed below can help you select which car insurance providers you want to consider when shopping car insurance rates for a Chevy Silverado. These ratings only include large insurance companies, so companies with more of a regional focus will not be included in the list.

Accidents and violations increase rates

The recommended way to obtain the cheapest auto insurance rates in Minnesota for a Silverado pickup is to be a cautious driver and avoid accidents and violations. The diagram below illustrates how violations and at-fault collisions can increase insurance costs for different age categories. The costs are based on a married female driver, full coverage, $500 deductibles, and no additional discounts are factored in.

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The data charted above shows the average cost of car insurance per year with a clean driving record and no accidents is $1,557. Add in one speeding ticket and the average cost hikes up to $1,817, an increase of $260 each year. Then throw in two accidents along with the one speeding ticket and the 12-month cost of auto insurance for a Chevy Silverado increases to an average of $4,131. That’s an increase of $2,574, or $215 per month, just for a couple of infractions!

How to get the cheapest insurance for a Chevy Silverado in Minnesota

The list below summarizes some thrifty ideas that can help Minnesota drivers quote lower-cost coverage.

• Keep your driving record clean
• Having too many claims will increase rates substantially
• Drop full coverage on older vehicles
• Increase your physical damage deductibles
• Accident-free drivers may qualify for discounts
• Compare rates often to find the best deal

The last suggestion is incredibly significant, as was noted in the prior information. Prices charged by companies vary greatly, so drivers shouldn’t be resistant to buy a different policy if a lower price can be found.

Having brand loyalty is commendable, but it’s not a good idea if that dedication is costing lots of money. If you have a few minutes, compare rates and find cheaper car insurance for a Chevy Silverado.