2016 Chevrolet Colorado Car Insurance Calculator

Learn and understand how changes to risk factors and vehicle options impact car insurance rates for a 2016 Chevrolet Colorado. Adjust rate factors like credit rating, policy coverages, and liability limits to see how insurance cost is affected. See instantly if the choices you make are positive or negative.

The average estimated car insurance premium for a 2016 Chevrolet Colorado is $1,634 per year, or about $136 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$1,634

Cost Per Month

$136

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

Chevrolet Colorado Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a 2016 Chevrolet Colorado.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$1,634
Average Rate
Your Rate
$1,634

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

The 'Average Rate' is a combined value for all 2016 Chevrolet Colorado trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2016 Chevrolet Colorado is $1,634.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2016 Chevrolet Colorado Segment Comparison

The table below compares insurance rates for the 2016 Chevrolet Colorado against all other models in the midsize truck segment. The Chevrolet Colorado is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the Chevrolet Colorado, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Chevrolet Colorado.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2016 Chevrolet Colorado Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Nissan Frontier$1,432-$202
2GMC Canyon$1,500-$134
2016 Midsize Truck Average$1,574-$60
3Chevrolet Colorado$1,634--
4Toyota Tacoma$1,728$94

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2016 Colorado Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2016 Chevrolet Colorado.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2016 Chevrolet Colorado Insurance Rates by Trim Level
2016 Chevrolet Colorado Trim Level Annual Premium Cost Per Month
WT Extended Cab 4WD$1,490$124
Extended Cab 2WD$1,510$126
LT Extended Cab 4WD$1,536$128
Extended Cab 2WD Turbo Diesel$1,558$130
WT Extended Cab 2WD$1,558$130
LT Crew Cab 4WD$1,586$132
WT Crew Cab 4WD$1,586$132
WT Extended Cab 4WD Turbo Diesel$1,586$132
Z71 Extended Cab 4WD$1,586$132
LT Extended Cab 2WD$1,606$134
WT Crew Cab 2WD$1,606$134
WT Extended Cab 2WD Turbo Diesel$1,606$134
LT Extended Cab 4WD Turbo Diesel$1,634$136
WT Crew Cab 4WD Turbo Diesel$1,634$136
Z71 Crew Cab 4WD$1,634$136
Z71 Extended Cab 4WD Turbo Diesel$1,634$136
LT Crew Cab 2WD$1,654$138
LT Crew Cab 4WD Turbo Diesel$1,682$140
Z71 Crew Cab 4WD Turbo Diesel$1,682$140
LT Extended Cab 2WD Turbo Diesel$1,704$142
WT Crew Cab 2WD Turbo Diesel$1,704$142
Z71 Extended Cab 2WD$1,704$142
LT Crew Cab 2WD Turbo Diesel$1,750$146
Z71 Crew Cab 2WD$1,750$146
Z71 Extended Cab 2WD Turbo Diesel$1,750$146
Z71 Crew Cab 2WD Turbo Diesel$1,798$150

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2016 Chevrolet Colorado for different driver ages.

2016 Chevrolet Colorado Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$6,012$501
17$5,757$480
18$5,037$420
19$4,629$386
20$3,516$293
21$3,350$279
22$2,979$248
23$2,490$208
24$2,339$195
25$1,892$158
30$1,732$144
35$1,684$140
40$1,634$136
45$1,538$128
50$1,462$122
55$1,366$114
60$1,370$114
65$1,454$121
70$1,598$133
75$1,912$159
80$2,362$197

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all Chevrolet Colorado trim levels.