Cheapest Insurance Quotes for a Chevrolet Silverado in Illinois

Since we’re writing about auto insurance, the words cheap or affordable shouldn’t be used as a descriptor for auto insurance rates. It’s a simple fact that cheap car insurance for a Chevy Silverado can be hard to find. Don’t let that bother you, though, because we are going to show you how you can still get insurance that you can afford to pay for.

The chances of buying affordable auto insurance for a Chevy Silverado in Illinois is dependent upon a complex formula that factors things such as your age, if you have ever let your coverage lapse, and the deductible amount you use. Drivers on average pay approximately $1,150 per year to buy Chevrolet Silverado insurance, but that figure is an estimation based upon a 30-year-old single male that includes comprehensive and collision coverage and $100 policy deductibles.

This brings up the issue that more than likely you are not 30 and possibly not even male, possibly married instead of single, or maybe you rent instead of own your home. What seems to be a minor change in policy rating data can generate big changes in the policy rate.

This example demonstrates why the only real way to find cheap insurance prices for your Chevrolet is to compare as many rates as you can. In just a couple of minutes you can get rates from the best auto insurance companies in Illinois.

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Your Chevrolet’s trim level can impact the cost of insurance, so the price you will be charged to insure a Silverado LS Regular Cab 2WD will be $254 less than the price to insure the higher-end Silverado Crew Cab Hybrid 4WD version, as shown in the table below.

Table data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Illinois minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, multi-policy, and safe-driver. Estimates do not factor in zip code location which can alter coverage rates considerably.

Ending up with the top insurer can be a challenge considering how many companies provide coverage in Illinois. The company ratings displayed below can help you choose which companies to look at comparing rates with. These rankings include companies with a national presence, so companies that only write business in Illinois or surrounding areas are not taken into consideration for the list.

Top 10 Major Car Insurance Companies Overall in Illinois

1. USAA
2. 21st Century
3. GEICO
4. Nationwide
5. AAA Insurance
6. Liberty Mutual
7. Safeco Insurance
8. State Farm
9. Travelers
10. American Family

Top Companies for Chevrolet Silverado Insurance in Illinois

How careless driving impacts Illinois insurance rates

The easiest way to maintain cheap insurance premiums in Illinois for a Silverado pickup is to drive carefully and avoid tickets and accidents. The illustration below demonstrates how traffic citations and fender-benders can influence yearly insurance costs for different ages of insureds. The information is based on a single female driver, comp and collision included, $500 deductibles, and no other discounts are factored in.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘One Speeding Ticket and No Accidents’, ‘One Speeding Ticket and Two Accidents’],[‘Age 20’, 2217,2417,4165],[‘Age 30’, 1525,1725,3471],[‘Age 40’, 1417,1617,3367],[‘Age 50’, 1239,1439,3189],[‘Age 60’, 1201,1399,3149],[‘Age 70’, 1401,1605,3349]]);var options = {title: ‘Impact of Tickets and Accidents on Illinois Chevrolet Silverado Insurance’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Insurance Cost for a Chevrolet Silverado in Illinois’,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);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

In the previous chart, the average cost of car insurance in Illinois per year with no accidents and a clean driving record is $1,500. Receive one speeding ticket and the average cost swells to $1,700, an increase of $200 each year. Now add two accidents along with the one speeding ticket and the yearly cost of insurance for a Chevy Silverado jumps again to an average of $3,448. That’s an increase of $1,948, or $162 per month, just for not being more responsible behind the wheel!

Don’t make the mistake of not shopping around

Illinois insurance rates are determined by lots of factors that can increase the price you have to pay for coverage. Improving your credit rating, buying a new vehicle, or getting a DUI may cause policy rate changes that can now make some companies cheaper in comparison to the competition.

Not only that, but car insurance companies modify pricing at least once a year in order to remain profitable. Unexpectedly high claims can result in higher priced premiums, while lower claim levels may result in lower-priced Silverado insurance rates.

The chart below shows rates for the cheapest car insurance in Illinois for a 30-year-old male driver with a good driving record, no prior claims, and a decent credit rating. When quoting prices based on his personal risk profile, The Hartford might offer the most affordable car insurance rates in Illinois at $746 each year. This is $603 less than the average price paid by Illinois drivers of $1,349. Rockford Mutual, Titan, Erie, and Cincinnati Insurance are also included in the cheapest Illinois auto insurance companies.

google.charts.setOnLoadCallback(drawILWitcqcibChart);function drawILWitcqcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }],[‘The Hartford’, 746, ‘#659500’],[‘Rockford Mutual’, 838, ‘#547C00’],[‘Titan’, 852, ‘#466700’],[‘Erie’, 905, ‘#3A5500’],[‘Cincinnati Insurance’, 924, ‘#304600’]]);var options = {title: ‘Cheapest Insurance 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:1024,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);}

The next chart shows rates after we give the driver from the first set of rates an accident claim, a little lower credit rating, and a blemish on his driving record. Since every insurance provider has a unique approach for filing rates in each state, getting updated rate quotes may now show a substantially altered list of the cheapest companies as shown below.

google.charts.setOnLoadCallback(drawILWcqcibChart);function drawILWcqcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }],[‘USAA’, 1076.9, ‘#C77F00’],[‘Travelers’, 1079.1, ‘#A56900’],[‘SECURA’, 1094.5, ‘#895700’],[‘State Farm’, 1113.2, ‘#724800’],[‘Auto-Owners’, 1136.3, ‘#5F3C00’]]);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:1236.3,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);}

USAA now has the lowest price on auto insurance in Illinois with Travelers, SECURA, State Farm, and Auto-Owners now rounding out the top five. This shows why consumers need to take the time to shop around to get affordable insurance quotes for a Chevy Silverado.

Insurance prices are made up of many factors and change frequently, so the best option when you last compared rates may now cost much more than other companies.

How to find more affordable car insurance for a Chevy Silverado

Here are a few thrifty solutions that can help you quote cheaper auto insurance.

• Ensure your driving record is clean
• Full coverage is expensive so only insure older vehicles for liability only
• Raise deductibles
• Avoid having at-fault accidents
• Drive safe vehicles
• Improve your credit rating
• Compare rates regularly and switch companies to save money

That last tip is extremely valuable, as was noted in this article. Auto insurance prices in Illinois vary greatly, so don’t be hesitant to switch to a new company if you can save money.

Having a favorite company is great, but it’s not a great idea if that stubbornness costs you lots of hard earned cash every month. It only take a few minutes to shop around and find cheaper insurance for a Chevy Silverado.