Buying affordable insurance for a Chevy Silverado in Florida relies on a large number of rating criteria such as the safety rating for your Silverado, whether or not you garage your vehicle, and your choice of physical damage deductibles. Florida drivers pay around $1,008 a year to insure their Silverado, but that cost is a projection calculated using a 50-year-old married male driver with full physical damage coverage and $1,000 deductibles.
If we were betting, you aren't exactly 50 years old or even a male, single instead of married, and you might want liability-only or different deductibles. Having the smallest difference in rating variables can make a big difference in how much insurance for a Chevy Silverado costs.
This illustrates why the way we recommend to find cheap insurance rates for your Chevrolet is to compare as many rates as possible.
The specific model of Silverado will most likely have an effect on the cost of insurance, so the rate you will pay to insure a Silverado LS Regular Cab 2WD trim level will be $146 less than the cost to insure the high end Silverado Crew Cab Hybrid 4WD version, as demonstrated by the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Silverado LS Regular Cab 2WD||$136||$238||$452||$26||$136||$988||$82|
|Silverado LS Regular Cab 4WD||$136||$238||$400||$24||$120||$918||$77|
|Silverado LT Regular Cab 2WD||$156||$290||$452||$26||$136||$1,060||$88|
|Silverado LT Regular Cab||$156||$290||$452||$26||$136||$1,060||$88|
|Silverado LS Extended Cab 4WD||$156||$290||$400||$24||$120||$990||$83|
|Silverado LT Extended Cab 4WD||$156||$290||$400||$24||$120||$990||$83|
|Silverado LT Extended Cab 2WD||$156||$290||$452||$26||$136||$1,060||$88|
|Silverado LS Extended Cab 2WD||$156||$290||$452||$26||$136||$1,060||$88|
|Silverado LT Crew Cab 4WD||$176||$342||$400||$24||$120||$1,062||$89|
|Silverado LS Crew Cab 2WD||$176||$342||$452||$26||$136||$1,132||$94|
|Silverado LS Crew Cab 4WD||$176||$342||$400||$24||$120||$1,062||$89|
|Silverado LT Crew Cab 2WD||$176||$342||$452||$26||$136||$1,132||$94|
|Silverado LTZ Extended Cab 2WD||$176||$342||$452||$26||$136||$1,132||$94|
|Silverado LTZ Extended Cab 4WD||$176||$342||$400||$24||$120||$1,062||$89|
|Silverado LTZ Crew Cab 2WD||$176||$342||$452||$26||$136||$1,132||$94|
|Silverado LTZ Crew Cab 4WD||$176||$342||$400||$24||$120||$1,062||$89|
|Silverado Crew Cab Hybrid 2WD||$176||$394||$400||$24||$120||$1,114||$93|
|Silverado Crew Cab Hybrid 4WD||$196||$394||$400||$24||$120||$1,134||$95|
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Data based on married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, homeowner, and multi-policy. Premium amounts do not factor in vehicle location which can change insurance rates substantially.
Which car insurance company is best in Jacksonville?
Insuring your vehicle with a highly-rated company can be difficult considering how many different companies there are to choose from in Jacksonville. The company information below may help you choose which auto insurance companies to look at putting your business with. The ratings below only include the largest companies in America, so companies with more of a regional focus are not included in this list.
Top 10 Large Auto Insurers in Jacksonville Ranked by Value
- Mercury Insurance
- American Family
- AAA Insurance
- Safeco Insurance
- The Hartford
- The General
- 21st Century
Top 10 Large Auto Insurers in Jacksonville Ranked by Claims Service
- State Farm
- Liberty Mutual
- American Family
- Titan Insurance
- AAA Insurance
Impact of speeding/accidents on car insurance rates
In a perfect world, the ideal way to find affordable car insurance premiums in Florida for a Silverado pickup is to drive safe and not get tickets or have accidents. The diagram below highlights how speeding tickets and accident claims increase yearly insurance costs for different ages of insureds. The premiums are based on a single female driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are taken into consideration.
In the prior example, the average cost of a car insurance policy in Jacksonville per year with no accidents or violations is $2,254. Get two speeding tickets and the average cost rises to $3,005, an increase of $751 each year. Then add in one accident along with the two speeding tickets and the annual cost of car insurance for a Chevy Silverado jumps again to an average of $3,775. That's an increase of $1,520, or $127 per month, just for not keeping your driving record clean!
How to get discounts on Jacksonville insurance rates
Insurers that offer quotes for a Chevy Silverado may have price discounts that could lower prices by as much as 35% or more if you qualify. Larger car insurance companies and their possible discounts can be found below.
- 21st Century includes discounts for homeowners, driver training, theft prevention, 55 and older, anti-lock brakes, and air bags.
- State Farm has savings for anti-theft, good driver, Drive Safe & Save, defensive driving training, good student, Steer Clear safe driver discount, and multiple autos.
- AAA has discounts for good driver, AAA membership discount, multi-car, multi-policy, pay-in-full, and good student.
- Liberty Mutual policyholders can earn discounts including multi-policy, new move discount, preferred payment discount, new vehicle discount, newly retired, safety features, and new graduate.
- Progressive offers discounts for continuous coverage, multi-vehicle, online quote discount, good student, homeowner, multi-policy, and online signing.
The illustration below illustrates the comparison of insurance prices with and without discounts being applied to the rates. The information is based on a male driver, no violations or accidents, Florida state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The lower bar shows the rates with multiple policy, multiple vehicle, anti-theft, vehicle safety, accident-free, and safe-driver discounts applied. When taking advantage of discounts, theamount saved on car insurance for a Chevy Silverado is 28% or $711.
Here's why you should compare rates often
Jacksonville car insurance rates are impacted by many factors that may substantially change the price of coverage. Turning one year older, increasing liability limits, or getting a DUI may prompt premium changes that can cause some rates to be cheaper than competitors.
In addition, auto insurance companies change premium rates every year or even multiple times each year in order to maintain liquidity for claims. Higher than normal claims may result in increased policy costs, while profitable underwriting may produce more affordable Silverado insurance rates.
To illustrate this example, the chart below demonstrates which company has the cheapest car insurance in Jacksonville, FL for a 45-year-old male driver with no violations or accidents, and good credit. When quoting prices based on his current rating profile, USAA might offer the best car insurance rates in Jacksonville at $1,175 per year. This is $1,273 less than the average price paid by Florida drivers of $2,448. Electric, Amica, Progressive, and Allied are the remaining most affordable Jacksonville, FL auto insurance companies.
In this example, we will give the driver from the first set of rates a claim, slightly worse credit, and a speeding citation. Since each auto insurance company uses their own calculation for determining rates, comparing quotes may now present a different list of the cheapest car insurance companies in Jacksonville as shown below.
USAA now has the best car insurance rate in Jacksonville, FL with Mercury, State Farm, Esurance, and Auto-Owners now rounding out the top five. This shows why it is critical to spend some time comparing rates when trying to find cheap auto insurance quotes for a Chevy Silverado.
Insurance prices are impacted by many different factors and can increase or decrease at any time, so the cheapest company when you bought your policy may now be wasting a lot of money.
The agents listed below can probably answer your questions and help you decide which auto insurance policy fits you best, as many people would rather have a little guidance when shopping for the best coverage for a Chevy Silverado. It can be time-consuming to find the cheapest car insurance policy, and using a licensed agent can provide satisfaction knowing your coverage gives you adequate coverage when you need it most.
To find a Jacksonville insurance agency by location nearest to you, click the button at the bottom of the list.
- Bill Doyle - State Farm Insurance Agent
11555 Central Pkwy #904 - Jacksonville, FL 32224 - (904) 642-4000
- Jim White Insurance Agency
1840 Dunn Ave #6 - Jacksonville, FL 32218 - (904) 751-2222
- Chris Bedford - State Farm Insurance Agent
3943 Baymeadows Rd #1 - Jacksonville, FL 32217 - (904) 730-4300
- The Maverick Insurance Agency
9119 Merrill Rd #8 - Jacksonville, FL 32225 - (904) 743-6661
How to find low-cost car insurance for a Chevy Silverado
The list below summarizes some of the better thrifty suggestions that can help Florida drivers buy more affordable coverage.
- Drop full coverage on older vehicles
- Accident-free drivers may qualify for discounts
- Try to remain claim-free
- Home or renters coverage can save on auto insurance
- Just one traffic violation will increase your rates
- Vehicles with safetly features generally cost less to insure
- Shop around for cheaper prices often
The last tip is very vital, as we emphasized in the prior article. Prices charged by car insurance companies adjust frequently, so don't be unwilling to switch companies if a more affordable price is available.
Many drivers have brand loyalty and that's fine, but it isn't a good idea if that dedication is costing lots of money. Now is a great time to compare rates and find cheaper auto insurance for a Chevy Silverado in Jacksonville.