2024 Chevrolet Silverado Car Insurance Calculator

Find out how seemingly small changes impact the cost of insurance for a 2024 Chevrolet Silverado. Experiment with credit rating, policy coverages, liability limits, and coverage deductibles to see the impact on rates. Know immediately if the choice you make has a positive or negative impact on rates.

The average estimated car insurance premium for a 2024 Chevrolet Silverado is $2,590 per year, or about $216 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

$2,590

Cost Per Month

$216

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 Silverado 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 2024 Chevrolet Silverado.

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.

$2,590
Average Rate
Your Rate
$2,590

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 2024 Chevrolet Silverado 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 2024 Chevrolet Silverado is $2,590.

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.

2024 Chevrolet Silverado Segment Comparison

The table below compares insurance rates for the 2024 Chevrolet Silverado against all other models in the large truck segment. The Chevrolet Silverado 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 Silverado, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Chevrolet Silverado.

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

2024 Chevrolet Silverado Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Nissan Titan$2,190-$400
2GMC Sierra$2,588-$2
3Chevrolet Silverado$2,590--
2024 Large Truck Average$2,596$6
4Ford F150$2,622$32
5GMC Hummer EV Pickup$2,686$96
6Ram Truck$2,708$118
7Toyota Tundra$2,788$198

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.

2024 Silverado Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2024 Chevrolet Silverado.

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.

2024 Chevrolet Silverado Insurance Rates by Trim Level
2024 Chevrolet Silverado Trim Level Annual Premium Cost Per Month
EV WT$2,196$183
WT Regular Cab 4WD$2,310$193
WT Double Cab 4WD$2,366$197
WT Regular Cab 2WD$2,374$198
WT Crew Cab 4WD$2,428$202
Custom Double Cab 4WD$2,454$205
WT Double Cab 2WD$2,490$208
Custom Crew Cab 4WD$2,510$209
LT Double Cab 4WD$2,552$213
RST Crew Cab 2WD$2,552$213
Custom Trail Boss 4WD$2,560$213
WT Crew Cab 2WD$2,564$214
RST Double Cab 4WD$2,572$214
EV RST$2,586$216
Custom Double Cab 2WD$2,594$216
LT Crew Cab 4WD$2,598$217
RST Crew Cab 4WD$2,612$218
Custom Crew Cab 2WD$2,654$221
LTZ Crew Cab 2WD$2,656$221
LT Trail Boss Crew Cab 4WD$2,668$222
LT Double Cab 2WD$2,702$225
LTZ Crew Cab 4WD$2,706$226
High Country Crew Cab 4WD$2,734$228
LT Crew Cab 2WD$2,750$229
ZR2 Crew Cab 4WD$2,824$235
EV Trail Boss$2,858$238
EV RST First Edition$3,070$256

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 2024 Chevrolet Silverado for different driver ages.

2024 Chevrolet Silverado Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$9,452$788
17$9,121$760
18$8,104$675
19$7,392$616
20$5,634$470
21$5,370$448
22$4,791$399
23$3,944$329
24$3,718$310
25$3,010$251
30$2,754$230
35$2,664$222
40$2,590$216
45$2,426$202
50$2,302$192
55$2,150$179
60$2,156$180
65$2,302$192
70$2,504$209
75$2,974$248
80$3,680$307

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 Silverado trim levels.