It’s hard to fathom, but most auto insurance customers have remained with the same auto insurance company for at least four years, and almost 40% of drivers have never compared auto insurance rates at all. Aurora drivers could save roughly $600 each year by just shopping around, but they feel it’s too difficult to do a rate comparison.
It takes a little time, but the best way to find lower priced Chevy Silverado insurance in Aurora is to start doing an annual price comparison from different companies in Colorado. Prices can be compared by following these steps.
- First, learn about individual coverages and the things you can control to prevent high rates. Many rating factors that increase rates like getting speeding tickets and a substandard credit score can be improved by making small lifestyle or driving habit changes.
- Second, compare prices from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only provide price estimates from a single company like Progressive or State Farm, while independent agencies can give you price quotes for a wide range of companies. View a list of agents
- Third, compare the new rate quotes to your existing policy to see if a cheaper price is available. If you find better rates and switch companies, make sure coverage does not lapse between policies.
- Fourth, notify your company or agent of your decision to cancel your current policy and submit a signed application and payment for the new policy. When you receive it, store the proof of insurance paperwork along with the vehicle’s registration papers.
A good tip to remember is that you use identical deductibles and limits on every price quote and and to get price estimates from every insurance company. This ensures a fair price comparison and and a good selection of different prices.
If you already have coverage or just want to reduce your rates, use these money-saving tips to shop for the lowest rates while maintaining coverages. Finding the cheapest coverage in Aurora can be made easier if you know where to look. Smart buyers just need to learn the quickest method to shop from many different companies online.
Most companies like Allstate and Progressive provide price estimates on their websites. Getting online quotes for Chevy Silverado insurance in Aurora is fairly simple as you just type in your coverage preferences into a form. After you submit the form their quoting system will order credit information and your driving record and provides a quote based on the data you entered. Getting online price quotes for Chevy Silverado insurance in Aurora makes comparing rates easy, and it’s absolutely necessary to compare as many rates as possible if you are searching for cheap rates.
To find out how much you can save on auto insurance, compare rates now from the companies shown below. To compare your current rates, we recommend you input deductibles and limits identical to your current policy. This makes sure you will be getting a fair comparison using the exact same coverages.
The companies in the list below offer free quotes in Aurora, CO. In order to find cheap auto insurance in Colorado, we suggest you click on several of them to find the most affordable car insurance rates.
Insurance rate breakdown
The rate information shown next outlines estimates of prices for Chevy Silverado models. Being more informed about how insurance prices are established can assist in making smart choices when buying a policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Silverado LS Regular Cab 2WD | $206 | $382 | $382 | $22 | $114 | $1,106 | $92 |
| Silverado LS Regular Cab 4WD | $206 | $382 | $338 | $20 | $100 | $1,046 | $87 |
| Silverado LT Regular Cab 2WD | $236 | $464 | $382 | $22 | $114 | $1,218 | $102 |
| Silverado LT Regular Cab | $236 | $464 | $382 | $22 | $114 | $1,218 | $102 |
| Silverado LS Extended Cab 4WD | $236 | $464 | $338 | $20 | $100 | $1,158 | $97 |
| Silverado LT Extended Cab 4WD | $236 | $464 | $338 | $20 | $100 | $1,158 | $97 |
| Silverado LT Extended Cab 2WD | $236 | $464 | $382 | $22 | $114 | $1,218 | $102 |
| Silverado LS Extended Cab 2WD | $236 | $464 | $382 | $22 | $114 | $1,218 | $102 |
| Silverado LT Crew Cab 4WD | $266 | $546 | $338 | $20 | $100 | $1,270 | $106 |
| Silverado LS Crew Cab 2WD | $266 | $546 | $382 | $22 | $114 | $1,330 | $111 |
| Silverado LS Crew Cab 4WD | $266 | $546 | $338 | $20 | $100 | $1,270 | $106 |
| Silverado LT Crew Cab 2WD | $266 | $546 | $382 | $22 | $114 | $1,330 | $111 |
| Silverado LTZ Extended Cab 2WD | $266 | $546 | $382 | $22 | $114 | $1,330 | $111 |
| Silverado LTZ Extended Cab 4WD | $266 | $546 | $338 | $20 | $100 | $1,270 | $106 |
| Silverado LTZ Crew Cab 2WD | $266 | $546 | $382 | $22 | $114 | $1,330 | $111 |
| Silverado LTZ Crew Cab 4WD | $266 | $546 | $338 | $20 | $100 | $1,270 | $106 |
| Silverado Crew Cab Hybrid 2WD | $266 | $630 | $338 | $20 | $100 | $1,354 | $113 |
| Silverado Crew Cab Hybrid 4WD | $296 | $630 | $338 | $20 | $100 | $1,384 | $115 |
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Table data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Information does not factor in specific Aurora garaging location which can modify premium rates substantially.
Best reasons to buy insurance in Colorado
Despite the fact that insurance is not cheap in Aurora, maintaining insurance is not optional due to several reasons.
First, the majority of states have minimum mandated liability insurance limits which means the state requires specific limits of liability if you drive a vehicle. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
Second, if you bought your car with a loan, almost every bank will require that you have insurance to guarantee their interest in the vehicle. If the policy lapses, the bank will be required to insure your Chevy at an extremely high rate and force you to pay the higher price.
Third, insurance preserves both your Chevy and your assets. Insurance will pay for medical transport and hospital expenses for you, any passengers, and anyone injured in an accident. One of the most valuable coverages, liability insurance, will also pay attorney fees if you are sued as the result of your driving. If your vehicle suffers damage from an accident or hail, comprehensive and collision coverage will pay to restore your vehicle to like-new condition.
The benefits of buying enough insurance more than cancel out the cost, especially when you need to use it. Despite what companies tell you, the average driver overpays more than $830 a year so we recommend shopping around once a year at a minimum to make sure the price is not too high.
The Chevy Silverado Insurance Price Equation
Many factors are considered when quoting car insurance. A few of the factors are predictable such as traffic violations, but some are less apparent such as your marital status or how safe your car is.
Listed below are a partial list of the pieces used by your company to calculate your prices.
Car and home together may be cheaper – Most larger companies provide discounts to clients that purchase more than one policy in the form of a multi-policy discount. Discounts can add up to 10 percent or more. Even though this discount sounds good, it’s always a smart idea to comparison shop to help guarantee you have the best rates.
Getting married is a good thing – Having a wife or husband can actually save you money on your car insurance policy. Having a significant other generally demonstrates drivers are more stable financially and it’s proven that married drivers get in fewer accidents.
Policy add-ons can waste money – Insurance policies have a lot of optional add-on coverages that you can buy if you aren’t careful. Insurance for rental car coverage, better glass coverage, and additional equipment coverage are probably not needed. They may sound like good ideas when deciding what coverages you need, but if you don’t need them get rid of them and save.
Prevent theft and save – Owning a car that has a built-in theft deterrent system can save you some money. Anti-theft features like vehicle immobilizer systems, OnStar, and tracking devices like LoJack can thwart car theft and help bring rates down.
Chevy Silverado claim data – Insurers take into consideration insurance loss statistics for every vehicle when setting premium rates. Models that the data shows to have high amounts or severity of claims will have a higher cost to insure. The information below illustrates the actual insurance loss data for Chevy Silverado vehicles.
For each coverage category, the claim probability for all vehicles as a whole is considered to be 100. Values that are 100 or less imply a favorable loss record, while values over 100 point to more frequent losses or an increased chance of a larger loss.
| Vehicle Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Chevrolet Silverado 1500 2WD | 76 | 118 | 85 | 78 | 69 | 125 |
| Chevrolet Silverado 1500 4WD | 60 | 76 | 72 | 54 | ||
| Chevrolet Silverado 1500 Crew Cab 2WD | 89 | 103 | 131 | 77 | 70 | 94 |
| Chevrolet Silverado 1500 Crew Cab 4WD | 96 | 105 | 116 | 57 | 57 | 87 |
| Chevrolet Silverado 1500 Ext Cab 2WD | 90 | 126 | 100 | 88 | 85 | 117 |
| Chevrolet Silverado 1500 Ext Cab 4WD | 84 | 98 | 89 | 60 | 60 | 88 |
| Chevrolet Silverado 2500 2WD | 60 | 65 | ||||
| Chevrolet Silverado 2500 4WD | 66 | 97 | 66 | |||
| Chevrolet Silverado 2500 Crew Cab 2WD | 76 | 127 | 65 | |||
| Chevrolet Silverado 2500 Crew Cab 4WD | 88 | 114 | 97 | 45 | 42 | 82 |
| Chevrolet Silverado 2500 Ext Cab 2WD | 80 | 54 | ||||
| Chevrolet Silverado 2500 Ext Cab 4WD | 79 | 105 | 83 | 37 | 43 | 75 |
| Chevrolet Silverado 3500 4WD | 65 | |||||
| Chevrolet Silverado 3500 Crew Cab 4WD | 98 | 127 | 108 | 54 | 39 | 76 |
| Chevrolet Silverado 3500 Ext Cab 4WD | 129 | 127 |
Empty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
What is YOUR best insurance company?
Throughout this article, we presented a lot of information how to compare Chevy Silverado insurance premium rates in Aurora. The most important thing to understand is the more companies you get prices for, the more likely it is that you will get a better rate. Consumers may even find the biggest savings come from a small local company. Some small companies may cover specific market segments cheaper as compared to the big name companies such as Allstate or State Farm.
Affordable Chevy Silverado insurance in Aurora is attainable on the web as well as from independent agents in Aurora, so you should be comparing quotes from both in order to have the best price selection to choose from. Some insurance companies do not offer online quoting and many times these small, regional companies provide coverage only through independent insurance agents.
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