Wish you could get out of an underperforming, overpriced auto insurance policy? Say no more because there are many Seattle drivers thinking the same thing.
Sadly, most drivers have stayed with the same insurance company for at least four years, and practically 40% of auto insurance customers have never compared rates to find cheaper insurance. Consumers in Washington could cut their rates by up to 40% a year by just comparing quotes, but they don't know the benefits if they moved their coverage to a different company. Because you have many different company options, it can be hard to locate the most affordable insurer.
Finding and comparing the lowest-priced auto insurance policy in Seattle is easy to do. If you are already insured or are just looking to switch companies, use these techniques to lower your rates while maximizing coverage. Smart shoppers just have to learn the most efficient way to compare different rates online.
Low-cost car insurance in Seattle, WA
The companies in the list below are ready to provide free quotes in Washington. If more than one company is shown, it's highly recommended you click on several of them to find the most competitive car insurance rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Silverado LS Regular Cab 2WD||$138||$250||$376||$22||$112||$898||$75|
|Silverado LS Regular Cab 4WD||$170||$324||$334||$20||$100||$948||$79|
|Silverado LT Regular Cab 2WD||$140||$242||$334||$20||$100||$836||$70|
|Silverado LT Regular Cab||$122||$236||$376||$22||$112||$868||$72|
|Silverado LS Extended Cab 4WD||$196||$380||$278||$16||$82||$952||$79|
|Silverado LT Extended Cab 4WD||$182||$356||$356||$22||$106||$1,022||$85|
|Silverado LT Extended Cab 2WD||$168||$284||$344||$20||$102||$918||$77|
|Silverado LS Extended Cab 2WD||$196||$396||$376||$22||$112||$1,102||$92|
|Silverado LT Crew Cab 4WD||$144||$262||$304||$18||$90||$818||$68|
|Silverado LS Crew Cab 2WD||$260||$496||$344||$20||$102||$1,222||$102|
|Silverado LS Crew Cab 4WD||$222||$444||$310||$18||$92||$1,086||$91|
|Silverado LT Crew Cab 2WD||$200||$384||$320||$18||$96||$1,018||$85|
|Silverado LTZ Extended Cab 2WD||$144||$262||$344||$20||$102||$872||$73|
|Silverado LTZ Extended Cab 4WD||$294||$452||$386||$22||$116||$1,270||$106|
|Silverado LTZ Crew Cab 2WD||$124||$242||$320||$18||$96||$800||$67|
|Silverado LTZ Crew Cab 4WD||$124||$242||$282||$16||$84||$748||$62|
|Silverado Crew Cab Hybrid 2WD||$222||$536||$334||$20||$100||$1,212||$101|
|Silverado Crew Cab Hybrid 4WD||$274||$588||$384||$22||$114||$1,382||$115|
|Get Your Own Custom Quote Go|
Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Washington minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, claim-free, and homeowner. Rate information does not factor in vehicle garaging location which can influence coverage prices substantially.
Careless driving habits raise car insurance rates
The information below demonstrates how speeding tickets and accident claims can influence Chevrolet Silverado insurance rates for different insured age categories. The rate quotes are based on a married female driver, full coverage, $1,000 deductibles, and no additional discounts are factored in.
Full coverage versus liability only rates
The example below illustrates the comparison of Chevrolet Silverado auto insurance costs with and without full coverage. The rates are based on no driving violations, no at-fault accidents, $100 deductibles, single male driver, and no additional discounts are factored in.
When to drop comprehensive and collision
There is no written rule that works best for making the decision to drop comprehensive and collision coverage on your policy, but there is a guideline you can use. If the annual cost of your full coverage insurance is about 10% or more of the vehicle's replacement cost less your deductible, then it may be the right time to buy liability only.
For example, let's pretend your Chevrolet Silverado settlement value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most you would get paid by your company is $8,000 after the deductible is paid. If it's costing in excess of $800 a year for comprehensive and collision coverage, then you may want to consider only buying liability coverage.
There are some circumstances where only buying liability is not advised. If you still owe money on your vehicle, you have to maintain full coverage in order to keep the loan. Also, if you don't have enough money to buy a different vehicle if your current one is in an accident, you should not buy liability only.
Don't overlook these Chevy Silverado insurance discounts
Insuring your vehicles can cost a lot, but you can get discounts that could drop your premiums quite a bit. Some discounts apply automatically when you complete an application, but a few need to be requested specifically in order for you to get them.
- Drive Safe and Save - Safe drivers can pay as much as 50% less than less cautious drivers.
- Discounts for New Vehicles - Buying a new car instead of a used Silverado can save up to 30% because newer models have to meet stringent safety requirements.
- Accident Forgiveness - This one is not really a discount per se, but companies like GEICO and Allstate may permit one accident without raising rates so long as you are claim-free for a set time period.
- Data Collection Discounts - People who choose to allow companies to spy on driving habits by using a telematics device such as Progressive's Snapshot and State Farm's In-Drive may get a rate reduction as long as the data is positive.
- Seattle Homeowners Pay Less - Owning your own home or condo can save a few bucks because maintaining a house requires personal responsibility.
- More Vehicles More Savings - Buying a policy with several vehicles with the same auto insurance company can reduce rates for all insured vehicles.
- Theft Prevention Discount - Cars equipped with tracking devices and advanced anti-theft systems are less likely to be stolen and that can save you a little bit as well.
- Air Bags and Passive Restraints - Factory air bags and/or automatic seat belt systems can get savings up to 30%.
Discounts lower rates, but many deductions do not apply to all coverage premiums. A few only apply to individual premiums such as liability, collision or medical payments. Even though it may seem like all the discounts add up to a free policy, company stockholders wouldn't be very happy.
Some of the larger companies that have some of the above discounts possibly include:
When quoting, ask all the companies the best way to save money. Discounts might not apply in Seattle. If you would like to choose from a list of auto insurance companies that can offer you the previously mentioned discounts in Seattle, click here to view.
The Chevy Silverado Insurance Rate Equation
Smart consumers have a good feel for a few of the rating criteria that help calculate your insurance rates. If you have a feel for what positively or negatively impacts your premiums, this empowers consumers to make smart changes that may reward you with lower rates. Many things are part of the calculation when quoting car insurance. Most are fairly basic such as your driving history, but other criteria are not quite as obvious like your vehicle usage or your financial responsibility.
The itemized list below are a partial list of the pieces utilized by car insurance companies to help set your prices.
Bad credit hurts insurance premiums - Your credit history is a big factor in determining what you pay. If your credit history could use some work, you could save money insuring your Chevrolet Silverado by spending a little time repairing your credit. Insureds with good credit tend to be better risks to insure than drivers who have lower credit scores.
Use one insurance company and save - Lots of insurers allow lower prices to insureds that have more than one policy, otherwise known as a multi-policy discount. Discounts can be ten percent or more. Even if you already get this discount, it's always a smart idea to compare other company rates to verify if the discount is saving money.
Expect high rates for teens - Beginning drivers in Washington have a tendency to be careless and easily distracted when at the wheel of a vehicle therefore insurance rates are much higher. More experienced drivers tend to be more responsible, cause fewer claims and accidents, and are safer drivers.
Lower stress equals lower prices - Jobs like lawyers, executives and emergency personnel are shown to have the highest average rates in part from high stress and extremely grueling work hours. Conversely, careers such as professors, historians and the unemployed have lower than average premiums.
Better drivers pay the best premiums - Having just one chargeable violation can bump up the cost twenty percent or more. Drivers who don't get tickets tend to pay less for car insurance as compared to careless drivers. Drivers who have gotten serious violations like DWI, reckless driving or hit and run convictions may find they need to submit a SR-22 form with their state DMV in order to drive a vehicle legally.
Raise comp and collision deductibles and save - Protection for physical damage, termed comprehensive and collision coverage on your policy, is used to repair damage to your Chevy. Some examples of claims that would be covered would be a dented fender, vandalism, and windstorm damage. Comprehensive and collision coverage deductibles represent how much money you are willing to pay out-of-pocket before your insurance pays a claim. The more damage repair cost the insured is willing to pay, the less your insurance will be.
Do you have enough liability protection? - The liability section of your policy kicks in in the event that a court rules you are at fault for physical damage or personal injury to other. It provides you with a defense in court which can be incredibly expensive. This coverage is very inexpensive compared to other policy coverages, so buy as much as you can afford.
Insurance loss statistics a Chevy Silverado - Companies use statistical claims data to help calculate premium rates. Vehicles that tend to have higher frequency or amount of claims will have higher premium rates.
The information below illustrates the compiled insurance loss statistics for Chevy Silverado vehicles. For each coverage category, the claim probability for all vehicles, regardless of make, model or trim level, is equal to 100. Percentage values below 100 indicate a favorable loss history, while values that are 100 or greater indicate higher probability of having a loss or tendency to have larger claims.
Chevrolet Silverado Insurance Claim Statistics
|Vehicle Make and 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
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
When in doubt talk to an agent
When quoting and comparing adequate coverage for your vehicles, there really isn't a cookie cutter policy. Your financial needs are unique and your insurance should unique, too. Here are some questions about coverages that might help in determining whether you will benefit from professional help.
- Are my friends covered when driving my car?
- Do I have coverage when using my vehicle for my home business?
- Does coverage extend to Mexico or Canada?
- What is the difference between personal and commercial auto insurance policies?
- What are the liability requirements in my state?
- Is a fancy paint job covered?
If you can't answer these questions, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area. It is quick, free and can help protect your family.
Local Seattle insurance agents
A small number of people would prefer to talk to an insurance agent and that is recommended in a lot of cases Good insurance agents will help you protect your assets and will help you if you have claims. An additional benefit of comparing insurance online is you may find lower rates and also buy local. Buying from local insurance agents is definitely important in Seattle.
For easy comparison, once you complete this form (opens in new window), your coverage information is submitted to participating agents in Seattle who will gladly provide quotes for your insurance coverage. It's much easier because you don't need to even leave your home because prices are sent directly to you. If you need to get a rate quote from a specific company, just navigate to their website and complete a quote there.
The following is a short list of insurers in Seattle that may be able to provide rate quotes for Chevy Silverado insurance in Seattle.
Andy Hubbard - State Farm Insurance Agent
1515 NW 52nd St a - Seattle, WA 98107 - (206) 789-4211 - View Map
Finding a good provider requires more thought than just a cheap price. Any good agent in Seattle should know the answers to these questions.
- How long have they worked with personal auto insurance coverage?
- Does the agent recommend any additional coverage?
- How often do they review coverages?
- What will you get paid if your car is a total loss? How is that amount determined?
- Do they offer claims assistance after hours?
- Are there any discounts that you might be missing?
- Can you get a list of referrals?
Will you really save $467 on auto insurance?
Washington consumers can't avoid all the ads that claim the cheapest car insurance rates by State Farm, GEICO and Progressive. They all make the same claim about savings if you change your coverage.
Is it even possible that every company can make the same claim? This is the trick they use.
Many companies quote their best rates for the type of driver that will add to their bottom line. One example of this type of driver may be a female over age 40, has had continuous coverage, and drives a vehicle with a low ISO rating. A customer that meets those criteria will probably get cheap prices and will also save if they switch.
Insureds who do not fit the ideal profile will get more expensive rates and this results in business not being written. If you listen to the ad wording, they say "drivers who switch" not "everyone who quotes" save that much money. This is how insurance companies can confidently make it sound like they have such great premium rates.
Because every company is different, you should get a wide range of price quotes. Because you cannot predict the company that will fit your personal profile best.
Don't give up on cheap rates
Budget-friendly insurance in Seattle is available from both online companies as well as from independent agents in Seattle, so you need to quote Seattle car insurance with both to have the best selection. There are still a few companies who do not offer online quoting and usually these smaller companies sell through independent insurance agents.
Throughout this article, we presented many ways to compare Chevy Silverado insurance car insurance rates in Seattle. It's most important to understand that the more companies you get premium rates for, the better your chances of lowering your premium rates. You may even be surprised to find that the biggest savings come from a company that doesn't do a lot of advertising. These smaller insurers often have lower premium rates on specific markets as compared to the big name companies such as State Farm and Allstate.
Even more information is located in the articles below:
- Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)
- Who Has Cheap Auto Insurance for Low Mileage Drivers in Seattle? (FAQ)
- What Car Insurance is Cheapest for College Graduates in Seattle? (FAQ)
- Insurance Losses by Make and Model (iihs.org)
- Determining Your Vehicle's Value and Repair Cost (Insurance Information Institute)
- Tools for Teen Driving Safety (State Farm)