Save Money on Chevy Silverado Insurance in Detroit

Insurance rates Chevy Silverado in DetroitDo you want the cheapest Chevy Silverado insurance in Detroit? No one likes paying for auto insurance, especially when they are aware that they could lower their rates if they shopped around.

Unbelievable but true according to a study nearly 70% of customers have purchased from the same company for at least four years, and just short of a majority have never compared rate quotes at all. Most drivers in Detroit could save roughly $3,840 each year, but they underestimate the big savings they would realize if they bought a different policy. Because you have many companies to choose from that have lower-cost insurance for a Chevy Silverado in Detroit, it’s difficult to locate the right company.

Locating the lowest-priced auto insurance policy in Detroit is not as difficult as people think. If you already have coverage or just want cheaper rates, you can learn to find better prices and possibly find even better coverage. Shoppers just have to learn the most time-saving way to compare price quotes from many different companies.

Shop Chevy Silverado insurance online

The car insurance companies shown below are ready to provide price comparisons in Detroit, MI. If you want to find the cheapest auto insurance in MI, it’s highly recommended you get prices from several of them in order to get a fair rate comparison.

Protect your Silverado and other assets

Despite the potentially high cost of Chevy Silverado insurance, paying for insurance is not optional due to several reasons.

The benefits of carrying adequate insurance more than offset the price you pay, especially for larger claims. Today the average American driver is overpaying over $865 each year so compare rate quotes every year to ensure rates are competitive.

Chevy Silverado insurance coverage information

The table shown next showcases a range of insurance coverage prices for Chevy Silverado models. Learning a little about how insurance policy rates are formulated can help guide drivers when making informed purchases.

Chevrolet Silverado Insurance Rates in Detroit, MI
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Silverado LS Regular Cab 2WD $590 $882 $1022 $60 $306 $2,860 $238
Silverado LS Regular Cab 4WD $590 $882 $904 $54 $270 $2,700 $225
Silverado LT Regular Cab 2WD $678 $1074 $1022 $60 $306 $3,140 $262
Silverado LT Regular Cab $678 $1074 $1022 $60 $306 $3,140 $262
Silverado LS Extended Cab 4WD $678 $1074 $904 $54 $270 $2,980 $248
Silverado LT Extended Cab 4WD $678 $1074 $904 $54 $270 $2,980 $248
Silverado LT Extended Cab 2WD $678 $1074 $1022 $60 $306 $3,140 $262
Silverado LS Extended Cab 2WD $678 $1074 $1022 $60 $306 $3,140 $262
Silverado LT Crew Cab 4WD $764 $1264 $904 $54 $270 $3,256 $271
Silverado LS Crew Cab 2WD $764 $1264 $1022 $60 $306 $3,416 $285
Silverado LS Crew Cab 4WD $764 $1264 $904 $54 $270 $3,256 $271
Silverado LT Crew Cab 2WD $764 $1264 $1022 $60 $306 $3,416 $285
Silverado LTZ Extended Cab 2WD $764 $1264 $1022 $60 $306 $3,416 $285
Silverado LTZ Extended Cab 4WD $764 $1264 $904 $54 $270 $3,256 $271
Silverado LTZ Crew Cab 2WD $764 $1264 $1022 $60 $306 $3,416 $285
Silverado LTZ Crew Cab 4WD $764 $1264 $904 $54 $270 $3,256 $271
Silverado Crew Cab Hybrid 2WD $764 $1456 $904 $54 $270 $3,448 $287
Silverado Crew Cab Hybrid 4WD $852 $1456 $904 $54 $270 $3,536 $295
Get Your Own Custom Quote Go

Premium data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Michigan minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Prices do not factor in specific Detroit garaging location which can influence premiums greatly.

Yearly car insurance costs for men versus women

The example below illustrates the comparison of Chevy Silverado insurance prices for male and female drivers. The premium estimates are based on no tickets, no at-fault accidents, comp and collision included, $250 deductibles, drivers are not married, and no policy discounts are applied.

Should you buy full coverage?

The chart below shows the difference between Chevy Silverado premium costs when comparing full coverage to state minimum liability only. The rates are based on no driving violations, no at-fault accidents, $100 deductibles, drivers are not married, and no other discounts are factored in.

Should you be buying full coverage?

There is no exact rule for dropping physical damage insurance, but there is a general convention. If the annual cost of coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then you might want to think about dropping full coverage.

For example, let’s assume your Chevy Silverado book value is $3,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company will settle for is $2,000 after paying the physical damage deductible. If premium cost is more than $200 annually for full coverage, the it may be a good time to stop paying for full coverage.

There are a few cases where buying only liability insurance is not a good plan. If you haven’t paid off your loan, you have to carry full coverage as part of the loan requirements. Also, if your emergency fund is not enough to purchase a different vehicle in the even your car is totaled, you should not drop full coverage.

Discounts for cheap insurance quotes

Some insurance providers don’t necessarily list the complete list of policy discounts in an easy-to-find place, so the following is a list of some of the best known and also the lesser-known credits available to lower your premiums when you buy Detroit car insurance online.Cheaper insurance with discounts

One thing to note about discounts is that most of the big mark downs will not be given to the entire cost. Most only apply to specific coverage prices like liability and collision coverage. If you do the math and it seems like all the discounts add up to a free policy, you aren’t that lucky.

The example below shows the comparison of Chevy Silverado auto insurance costs with and without discounts applied to the premium. The data is based on a female driver, no claims or violations, Michigan state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-policy, homeowner, marriage, claim-free, and multi-car discounts applied.

A few popular companies and their possible discounts can be found below.

Check with each insurance company to apply every possible discount. A few discounts may not be offered in Detroit. To see a list of providers who offer discounts in Detroit, click this link.

Will just any policy work for me?

When it comes to buying your policy, there isn’t really a one size fits all plan. Your situation is unique and a cookie cutter policy won’t apply.Auto insurance savings
These are some specific questions may help you determine whether or not you will benefit from professional help.

If it’s difficult to answer those questions but you know they apply to you then you might want to talk to a licensed agent. To find an agent in your area, simply complete this short form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and may give you better protection.