Prachi is an insurance writer with a master's degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.
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Insurance.com research suggests that the cost of insuring a Chevrolet Silverado is estimated to be around $2,165 annually or $180 monthly. It's important for drivers to consider these rates when assessing their insurance needs. These rates can increase based on your driving record, location, age, and other factors.
Auto insurance rates vary depending on the model year. For instance, average car insurance rates for a 2023 Chevrolet Silverado costs $2,165 per year, while its 2022 equivalent costs $1,776 per year.
Regardless of your chosen model year, you can find a competitive carrier that meets your needs and budget. Insurance.com conducted data analysis and discovered which cars offer the most affordable insurance rates based on model year and whether one specific model is cheaper to insure than others.
Read on to learn in detail about these cost-effective auto policies for Chevrolet Silverado.
Average insurance cost of Chevrolet Silverado by model year
| Year of Chevrolet Silverado model | Average cost to insure |
|---|---|
| 2023 | $2,165 |
| 2022 | $1,776 |
| 2021 | $1,714 |
| 2020 | $1,780 |
| 2019 | $1,810 |
Data updated in 2024
Compare Chevrolet Silverado insurance rates by state
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| Company | Style | Average annual premium |
|---|---|---|
| State Farm | 4WD 4 Door Double Cab SB Turbo 6001 to 7000 Lbs | $1,517 |
| State Farm | 4WD 4 Door Double Cab SB Turbo 6001 to 7000 Lbs | $1,554 |
| State Farm | 4WD 4 Door Crew Cab SB Turbo 6001 to 7000 Lbs | $1,554 |
| State Farm | 4WD 4 Door Crew Cab LB Turbo 6001 to 7000 Lbs | $1,554 |
| State Farm | 2WD 4 Door Double Cab SB Turbo 6001 to 7000 Lbs | $1,688 |
| State Farm | 2WD 4 Door Crew Cab SB Turbo 6001 to 7000 Lbs | $1,688 |
| Nationwide | 4WD 4 Door Double Cab SB Turbo 6001 to 7000 Lbs | $2,250 |
| Nationwide | 4WD 4 Door Crew Cab LB Turbo 6001 to 7000 Lbs | $2,359 |
| Nationwide | 4WD 4 Door Crew Cab SB Turbo 6001 to 7000 Lbs | $2,359 |
| Nationwide | 4WD 4 Door Double Cab SB Turbo 6001 to 7000 Lbs | $2,373 |
| Nationwide | 2WD 4 Door Crew Cab SB Turbo 6001 to 7000 Lbs | $2,456 |
| Progressive | 2WD 4 Door Double Cab SB Turbo 6001 to 7000 Lbs | $2,537 |
| Progressive | 4WD 4 Door Double Cab SB Turbo 6001 to 7000 Lbs | $2,537 |
| Geico | 2WD 4 Door Double Cab SB Turbo 6001 to 7000 Lbs | $2,546 |
| Geico | 4WD 4 Door Double Cab SB Turbo 6001 to 7000 Lbs | $2,571 |
| Progressive | 4WD 4 Door Crew Cab LB Turbo 6001 to 7000 Lbs | $2,572 |
| Progressive | 4WD 4 Door Crew Cab SB Turbo 6001 to 7000 Lbs | $2,572 |
| Geico | 4WD 4 Door Double Cab SB Turbo 6001 to 7000 Lbs | $2,589 |
| Geico | 2WD 4 Door Crew Cab SB Turbo 6001 to 7000 Lbs | $2,599 |
| Geico | 4WD 4 Door Crew Cab SB Turbo 6001 to 7000 Lbs | $2,634 |
| Geico | 4WD 4 Door Crew Cab LB Turbo 6001 to 7000 Lbs | $2,634 |
| Nationwide | 2WD 4 Door Double Cab SB Turbo 6001 to 7000 Lbs | $2,643 |
| Progressive | 4WD 4 Door Double Cab SB Turbo 6001 to 7000 Lbs | $2,759 |
| Progressive | 2WD 4 Door Crew Cab SB Turbo 6001 to 7000 Lbs | $2,883 |
| Allstate | 2WD 4 Door Crew Cab SB Turbo 6001 to 7000 Lbs | $3,655 |
| Allstate | 2WD 4 Door Double Cab SB Turbo 6001 to 7000 Lbs | $7,558 |
| Allstate | 4WD 4 Door Double Cab SB Turbo 6001 to 7000 Lbs | $8,570 |
| Allstate | 4WD 4 Door Crew Cab SB Turbo 6001 to 7000 Lbs | $8,570 |
| Allstate | 4WD 4 Door Crew Cab LB Turbo 6001 to 7000 Lbs | $8,570 |
| Allstate | 4WD 4 Door Double Cab SB Turbo 6001 to 7000 Lbs | $8,570 |
Data updated in 2024
Chevrolet Silverado insurance rates per year
2023 Chevrolet Silverado insurance rates
Average cost to insure
$2,165
Annual cheapest rate
$1,507
Available trims
| Rank | Company | Average annual premium |
|---|---|---|
| 1 | State Farm | $1,507 |
| 2 | Nationwide | $1,800 |
| 3 | Geico | $1,838 |
| 4 | Progressive | $2,245 |
| 5 | Farmers | $2,457 |
| 6 | Allstate | $3,140 |
Data updated in 2024
2022 Chevrolet Silverado insurance rates
Average cost to insure
$1,776
Annual cheapest rate
$1,240
Available trims
| Rank | Company | Average annual premium |
|---|---|---|
| 1 | State Farm | $1,240 |
| 2 | Geico | $1,360 |
| 3 | Nationwide | $1,578 |
| 4 | Progressive | $1,889 |
| 5 | Farmers | $2,096 |
| 6 | Allstate | $2,495 |
Data updated in 2024
2021 Chevrolet Silverado insurance rates
Average cost to insure
$1,714
Annual cheapest rate
$1,156
Available trims
| Rank | Company | Average annual premium |
|---|---|---|
| 1 | State Farm | $1,156 |
| 2 | Geico | $1,375 |
| 3 | Progressive | $1,422 |
| 4 | Nationwide | $1,755 |
| 5 | Farmers | $1,938 |
| 6 | Allstate | $2,635 |
Data updated in 2024
2020 Chevrolet Silverado insurance rates
Average cost to insure
$1,780
Annual cheapest rate
$1,265
Available trims
| Rank | Company | Average annual premium |
|---|---|---|
| 1 | Geico | $1,265 |
| 2 | State Farm | $1,301 |
| 3 | Progressive | $1,805 |
| 4 | Farmers | $1,873 |
| 5 | Nationwide | $2,048 |
| 6 | Allstate | $2,387 |
Data updated in 2024
2019 Chevrolet Silverado insurance rates
Average cost to insure
$1,810
Annual cheapest rate
$1,282
Available trims
| Rank | Company | Average annual premium |
|---|---|---|
| 1 | Geico | $1,282 |
| 2 | State Farm | $1,371 |
| 3 | Nationwide | $1,665 |
| 4 | Progressive | $1,960 |
| 5 | Farmers | $2,238 |
| 6 | Allstate | $2,344 |
Data updated in 2024
2018 Chevrolet Silverado insurance rates
Average cost to insure
$1,765
Annual cheapest rate
$1,256
Available trims
| Rank | Company | Average annual premium |
|---|---|---|
| 1 | Geico | $1,256 |
| 2 | State Farm | $1,358 |
| 3 | Nationwide | $1,644 |
| 4 | Progressive | $1,963 |
| 5 | Farmers | $2,124 |
| 6 | Allstate | $2,244 |
Data updated in 2024
2017 Chevrolet Silverado insurance rates
Average cost to insure
$1,725
Annual cheapest rate
$1,268
Available trims
| Rank | Company | Average annual premium |
|---|---|---|
| 1 | Geico | $1,268 |
| 2 | State Farm | $1,311 |
| 3 | Nationwide | $1,707 |
| 4 | Progressive | $1,885 |
| 5 | Farmers | $2,040 |
| 6 | Allstate | $2,137 |
Data updated in 2024
2016 Chevrolet Silverado insurance rates
Average cost to insure
$1,699
Annual cheapest rate
$1,204
Available trims
| Rank | Company | Average annual premium |
|---|---|---|
| 1 | Geico | $1,204 |
| 2 | State Farm | $1,320 |
| 3 | Nationwide | $1,665 |
| 4 | Progressive | $1,899 |
| 5 | Farmers | $2,026 |
| 6 | Allstate | $2,077 |
Data updated in 2024
