Chevy Silverado vs. Colorado Insurance Cost

• A 2024 Chevrolet Colorado has more affordable car insurance rates than a 2024 Chevrolet Silverado by an average of $540 per year, $2,654 compared to $2,114.
• For a 2024 Chevrolet Silverado, car insurance rates range from $2,248 to $3,146 per year, while car insurance for a 2024 Chevrolet Colorado ranges from $1,992 to $2,340.
• Average car insurance cost per month for the Chevrolet Silverado is 22.7% more expensive than the Chevrolet Colorado, at $221 versus $176, a difference of $45.

2024 Chevrolet Silverado vs. Colorado

For new Silverado and Colorado models, the model with the lower car insurance rates is the Chevrolet Colorado. Insurance on the Chevrolet Silverado averages $2,654 per year, whereas insurance for a Chevrolet Colorado averages $2,114 per year.

Out of 27 Chevrolet Silverado trims, the cheapest 2024 model to insure is the EV WT trim at an average cost of $2,248 per year.

For the eight trim levels available for the Chevrolet Colorado, the cheapest 2024 model to insure is the WT 4WD model at a cost of $1,992.

When looking at the aggregated rates by trim for both models, the most affordable model and trim level is the Chevrolet Colorado WT 4WD at an average of $1,992 per year. The most expensive vehicle to insure is the Chevrolet Silverado EV RST First Edition at an average cost of $3,146 per year.

The rate table below ranks the yearly and monthly cost of car insurance for 2024 Chevrolet Silverado and Chevrolet Colorado models, broken down by individual trim level.

The next chart illustrates the average cost to insure both models for the 20 to 50-year-old driver age groups. Insurance cost ranges from $2,358 to $5,388 per year for a 2024 Chevrolet Silverado, and $1,878 to $4,162 for a 2024 Chevrolet Colorado.

The tables below display average car insurance cost by trim level for a 2024 Chevrolet Silverado and Chevrolet Colorado, including the average rate for each model.

2023 Chevrolet Silverado vs. Chevrolet Colorado

For the 2023 model year, the vehicle with the cheapest average car insurance rates is the Chevrolet Colorado. Insurance on a Chevrolet Silverado costs an average of $2,534 per year, and the Chevrolet Colorado costs an average of $1,940 per year.

For a 2023 Chevrolet Silverado, the average cost of car insurance ranges from $2,264 per year for the $39,900 WT Regular Cab 4WD model up to the highest rate of $2,812 for the $105,000 ZR2 Crew Cab 4WD trim. For the 2023 Chevrolet Colorado, insurance prices can range from $1,812 every 12 months for the WT Extended Cab 2WD model to $2,096 for the most expensive ZR2 Extended Cab Duramax 4WD model.

When comparing rates by trim level for both models, the lowest-cost model and trim is the Chevrolet Colorado WT Extended Cab 2WD at a cost of $1,812 per year. The most expensive model and trim level is the Chevrolet Silverado ZR2 Crew Cab 4WD at an average cost of $2,812 per year.

For a 2023 Chevrolet Silverado, the cheapest models are the WT Regular Cab 4WD, WT Double Cab 4WD, and WT Regular Cab 2WD. The cheapest Chevrolet Colorado models include the WT Extended Cab 2WD, WT Extended Cab 4WD, and WT Crew Cab 2WD. On a monthly basis, car insurance rates for all 2023 Chevrolet Silverado and Chevrolet Colorado models range from $151 to $234 per month.

The next chart illustrates Chevrolet Silverado and Chevrolet Colorado car insurance rates for 2023 models and for different driver ages.

The rate chart below visualizes the average cost to insure the two models rated for drivers aged 20 to 50. The average car insurance cost ranges from $2,254 to $5,156 per year for a 2023 Chevrolet Silverado, and $1,732 to $3,832 for a 2023 Chevrolet Colorado for the included driver ages.

For the 20 trim levels available for the 2023 Chevrolet Silverado, the cheapest trim level to insure is the WT Regular Cab 4WD trim at an average cost of $2,264 per year.

When comparing rates by trim level for both models, the overall cheapest vehicle to insure is the Chevrolet Colorado WT Extended Cab 2WD at a cost of $1,812 per year. The most expensive model and trim level is the Chevrolet Silverado ZR2 Crew Cab 4WD at an average of $2,812 per year.

The next two tables show both 2023 models and all trim levels available for each one, plus an average rate for each model.

2022 Chevrolet Silverado vs. Colorado

The bar chart below compares average annual Chevy Silverado insurance cost to annual Chevy Colorado insurance cost in order to see which 2022 model has cheaper insurance rates.

Out of 19 Chevrolet Silverado trims, the cheapest 2022 trim to insure is the WT Regular Cab 4WD model at an average cost of $2,074 per year.

For the 13 trims available for the Chevrolet Colorado, the cheapest 2022 model to insure is the WT Extended Cab 4WD trim at a cost of $1,656 per year, or around $138 per month.

When looking at the aggregated rates by trim for both models, the cheapest trim to insure is the Chevrolet Colorado WT Extended Cab 4WD at an average cost of $1,656 per year. The most expensive trim is the Chevrolet Silverado High Country Crew Cab 4WD at a cost of $2,576 per year.

The tables shown below illustrate trim level insurance rates for each 2022 model, along with an average cost for each model. The 2022 Chevrolet Colorado has cheaper overall car insurance rates than the 2022 Chevrolet Silverado.

2021 Chevrolet Silverado vs. Colorado

For the 2021 Chevrolet Silverado and Chevrolet Colorado models, the Chevrolet Colorado is cheaper to insure by an average of $578 per year for this comparison year.

The next chart demonstrates the average cost to insure both 2021 models using different driver ages. For a 2021 Chevrolet Silverado, insurance cost ranges from $2,090 to $4,802 per year for the included age groups. A 2021 Chevrolet Colorado costs from $1,582 to $3,554 to insure per year.

Out of 28 Chevrolet Silverado trim levels, the cheapest 2021 trim level to insure is the WT Regular Cab 4WD trim at an average cost of $2,076 per year, or $173 per month. For the 15 trims available for the Chevrolet Colorado, the cheapest 2021 trim to insure is the LT Extended Cab 4WD model at a cost of $1,530.

When auto insurance rates for all 43 trim levels for both 2021 models are compared, the most affordable model and trim level to insure is the Chevrolet Colorado LT Extended Cab 4WD at an average cost of $1,530 per year, and the most expensive model and trim level is the Chevrolet Silverado High Country Crew Cab 2WD costing an average of $2,664 per year.

The tables below display average car insurance cost by trim level for a 2021 Chevrolet Silverado and Chevrolet Colorado, as well as the overall average rate for each model.

2020 Chevrolet Silverado vs. Colorado

For the 2020 Chevrolet Silverado and Chevrolet Colorado models, the Chevrolet Colorado is cheaper to insure by an average of $560 per year for this comparison year.

The chart below visualizes the average cost to insure the two models with different ages of drivers. For a 2020 Chevrolet Silverado, average car insurance cost ranges from $2,032 to $4,664 per year for the included age groups. A 2020 Chevrolet Colorado costs from $1,538 to $3,454 to insure per year.

The 2020 Chevrolet Silverado has 28 trim levels available, with the cheapest model to insure being the WT Regular Cab 4WD trim at an average cost of $2,018 per year, or $168 per month.

Out of the 15 trims available for the Chevrolet Colorado, the cheapest 2020 model to insure is the LT Extended Cab 4WD trim at a cost of $1,486 per year, or about $124 per month.

When comparing both models at a trim-level basis, the overall cheapest vehicle to insure is the Chevrolet Colorado LT Extended Cab 4WD at an average cost of $1,486 per year, and the highest-cost model and trim is the Chevrolet Silverado High Country Crew Cab 2WD at an average cost of $2,588 per year.

The tables below illustrate the average insurance cost by trim level for both 2020 models, plus the average rate for each model. The winner for the 2020 car insurance comparison is the Chevrolet Colorado.

2019 Chevrolet Silverado vs. Colorado

For the 2019 Chevrolet Silverado and Chevrolet Colorado models, the Chevrolet Colorado is cheaper to insure by an average of $336 per year for this comparison year.

The next chart illustrates the average cost to insure both 2019 models for drivers aged 20 to 50. The average car insurance cost ranges from $1,936 to $4,448 per year for a 2019 Chevrolet Silverado, and $1,650 to $3,734 for a 2019 Chevrolet Colorado for these driver ages.

Out of 28 Chevrolet Silverado trim levels, the cheapest 2019 trim to insure is the Double Cab 4WD model at an average cost of $2,036 per year, or about $170 per month. The 2019 Chevrolet Colorado has 19 trim levels available, with the cheapest trim to insure being the Extended Cab 2WD model at an average cost of $1,668 per year, or about $139 per month.

When car insurance rates for all 47 trim levels for both vehicles are compared, the cheapest vehicle to insure is the Chevrolet Colorado Extended Cab 2WD at an average of $1,668 per year. The most expensive model and trim level is the Chevrolet Silverado High Country Crew Cab 2WD costing $2,388 per year.

The tables below display trim level insurance cost averages for both 2019 models, plus the average rate for each model.

2018 Chevrolet Silverado vs. Colorado

When comparing insurance cost for 2018 models, a Chevrolet Silverado costs an average of $2,070 per year to insure and a Chevrolet Colorado costs $1,912, making the Chevrolet Colorado cheaper to insure by $158 per year.

The chart shown below visualizes the average cost to insure the two models rated for multiple driver ages. For a 2018 Chevrolet Silverado, insurance cost ranges from $1,846 to $4,218 per year for the included age groups. A 2018 Chevrolet Colorado costs from $1,708 to $3,862 to insure per year.

Out of 32 Chevrolet Silverado trims, the cheapest 2018 trim level to insure is the WT Regular Cab 4WD model at an average cost of $1,892 per year. Out of the 24 trim levels available for the Chevrolet Colorado, the cheapest 2018 model to insure is the Extended Cab 2WD trim at a cost of $1,612.

When trim-level rates for both models are compared, the cheapest model and trim level to insure is the Chevrolet Colorado Extended Cab 2WD at an average of $1,612 per year. The highest-cost model and trim is the Chevrolet Silverado High Country Crew Cab 2WD at an average of $2,284 per year.

The next two rate tables display average car insurance cost by trim level for each 2018 model, including an overall average cost for each model. The model with the cheapest average car insurance rates for 2018 is the Chevrolet Colorado.

2017 Chevrolet Silverado vs. Colorado

When comparing insurance rates for 2017 models, the Chevrolet Silverado costs an average of $1,976 per year to insure and the Chevrolet Colorado costs $1,820, making the Chevrolet Colorado the winner by $156 for the 2017 comparison year.

The rate chart below demonstrates the average cost to insure both models with different ages of drivers. For a 2017 Chevrolet Silverado, the average cost of car insurance ranges from $1,764 to $4,022 per year for these driver ages. A 2017 Chevrolet Colorado costs from $1,632 to $3,676 to insure per year.

Out of 30 Chevrolet Silverado trim levels, the cheapest 2017 trim level to insure is the LS Regular Cab 4WD model at an average cost of $1,822 per year, or around $152 per month. For the 30 trims available for the Chevrolet Colorado, the cheapest 2017 trim level to insure is the Extended Cab 2WD model at a cost of $1,618 per year, or about $135 per month.

When rates are compared for the 60 trim levels of both 2017 models, the lowest-cost model and trim to insure is the Chevrolet Colorado Extended Cab 2WD at a cost of $1,618 per year. The highest-cost model and trim level is the Chevrolet Silverado High Country Crew Cab 2WD at an average cost of $2,200 per year.

The tables shown below illustrate average cost to insure each trim level for a 2017 Chevrolet Silverado and Chevrolet Colorado, along with an average cost for each model. The model with the cheapest overall car insurance cost for 2017 is the Chevrolet Colorado.

2016 Chevrolet Silverado vs. Colorado

When comparing insurance rates for the 2016 Chevrolet Silverado and Chevrolet Colorado models, the Chevrolet Colorado is cheaper by an average of $238 per year.

The rate chart below demonstrates the average cost to insure both 2016 models with different ages of drivers. Average insurance cost ranges from $1,706 to $3,874 per year for a 2016 Chevrolet Silverado, and $1,498 to $3,370 for a 2016 Chevrolet Colorado for the included age groups.

Out of 30 trims for the 2016 Chevrolet Silverado, the cheapest car insurance rates are on the LS Regular Cab 4WD trim at a cost of $1,758 per year, or $147 per month. For the 26 trim levels available for the Chevrolet Colorado, the cheapest 2016 trim to insure is the WT Extended Cab 4WD trim at a cost of $1,526 per year, or around $127 per month.

When rates for all 56 trim levels for both vehicles are compared, the lowest-cost model and trim level to insure is the Chevrolet Colorado WT Extended Cab 4WD at an average of $1,526 per year, and the highest-cost model and trim is the Chevrolet Silverado High Country Crew Cab 2WD at an average cost of $2,094 per year.

The tables shown below display average car insurance rates for every trim level for both 2016 models, along with the average rate for each model. The model with the cheapest auto insurance rates for 2016 is the Chevrolet Colorado.

2015 Chevrolet Silverado vs. Colorado

For 2015 Chevrolet Silverado and Chevrolet Colorado models, the Chevrolet Colorado has lower-cost car insurance by an average of $120 per year for this model year.

The chart below visualizes the average cost to insure the two models using drivers aged 20 to 50. For a 2015 Chevrolet Silverado, the average cost of car insurance ranges from $1,590 to $3,582 per year for the age groups used in the chart. A 2015 Chevrolet Colorado costs from $1,488 to $3,336 to insure per year.

The 2015 Chevrolet Silverado has 25 trims available, with the cheapest trim to insure being the LS Regular Cab 4WD model at an average cost of $1,564 per year, or about $130 per month. The 2015 Chevrolet Colorado has 13 trims available, with the cheapest model to insure being the WT Extended Cab 4WD trim at an average cost of $1,550 per year, or $129 per month.

When comparing both models at a trim-level basis, the overall cheapest vehicle to insure is the Chevrolet Colorado WT Extended Cab 4WD at an average cost of $1,550 per year. The most expensive vehicle to insure is the Chevrolet Silverado High Country Crew Cab 2WD at a cost of $2,004 per year.

The two tables below display average car insurance cost by trim level for a 2015 Chevrolet Silverado and Chevrolet Colorado, plus an average rate for each model. The 2015 Chevrolet Colorado has more affordable average car insurance than the 2015 Chevrolet Silverado.

Additional Silverado and Colorado Resources

• Chevrolet Silverado Insurance Rates
• Chevrolet Colorado Insurance Rates
• Large Truck Insurance Rate Comparisons
• Midsize Truck Insurance Rate Comparisons