Cheap Insurance for a Chevy Silverado in Buffalo

Insurance quote for Chevy Silverado in BuffaloGetting lower priced Buffalo Chevy Silverado insurance quotes on the web may seem to be somewhat difficult for drivers new to buying their auto insurance on the internet. With such a big selection of agents and insurance companies available, how can drivers have the ability to compare every auto insurance company to find the cheapest price possible?

How to find lower priced Chevy Silverado insurance in Buffalo

To save the most money, the best way to get cheaper auto insurance rates in Buffalo is to begin comparing prices regularly from insurers that sell auto insurance in New York. You can compare prices by completing these steps.

One thing to point out is to use identical limits and deductibles on each quote request and and to get price quotes from as many different companies as possible. Doing this provides a level playing field and the most accurate and complete price analysis.

It’s well known that auto insurance companies don’t want you to look for cheaper rates. Consumers who shop around for cheaper prices are very likely to switch auto insurance companies because there is a great chance of finding a lower-priced company. A recent auto insurance study discovered that drivers who faithfully checked for cheaper rates saved as much as $70 a month compared to other drivers who never shopped for cheaper rates.

If finding the cheapest price for car insurance is your ultimate goal, then learning a little about how to find companies and compare cheaper coverage can make the process less intimidating.

It’s smart to get comparison quotes once or twice a year because prices are constantly changing. If you had the lowest rates on Chevy Silverado insurance in Buffalo six months ago the chances are good that you can find a lower rate quote today. Block out anything you think you know about auto insurance because you’re going to learn one of the best ways to properly buy coverages and cut your premium.

Locating the most cost-effective insurance policy in Buffalo is much easier if you know where to start. Just about everyone who needs cheaper insurance will more than likely buy a cheaper policy. But New York consumers can benefit by having an understanding of how companies sell online and take advantage of how the system works.

Most larger insurance companies provide coverage price quotes direct online. Doing online quotes for Chevy Silverado insurance in Buffalo is quite simple because it’s just a matter of typing in your coverage preferences into the form. After you complete the form, their system gets reports for credit and driving violations and returns a price quote.

The ability to get online quotes for Chevy Silverado insurance in Buffalo simplifies rate comparisons, and it is imperative to compare as many rates as possible in order to get the most affordable premium possible.

To fill out one form to compare multiple rates now, compare rates from the companies below. To compare your current rates, we recommend you replicate the coverage information identical to your current policy. Using the same limits helps guarantee you will get a fair comparison based on identical coverages.

The following companies provide free rate quotes in Buffalo, NY. If you want the best cheap car insurance in Buffalo, we suggest you click on several of them to find the most affordable car insurance rates.

Chevy Silverado coverage statistics

The premium table shown below outlines estimates of coverage prices for Chevy Silverado models. Having a better idea how insurance rates are established can assist in making smart choices when purchasing an auto insurance policy.

Chevrolet Silverado Insurance Rates in Buffalo, NY
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Silverado LS Regular Cab 2WD $106 $202 $388 $24 $116 $836 $70
Silverado LS Regular Cab 4WD $106 $202 $344 $20 $104 $776 $65
Silverado LT Regular Cab 2WD $122 $246 $388 $24 $116 $896 $75
Silverado LT Regular Cab $122 $246 $388 $24 $116 $896 $75
Silverado LS Extended Cab 4WD $122 $246 $344 $20 $104 $836 $70
Silverado LT Extended Cab 4WD $122 $246 $344 $20 $104 $836 $70
Silverado LT Extended Cab 2WD $122 $246 $388 $24 $116 $896 $75
Silverado LS Extended Cab 2WD $122 $246 $388 $24 $116 $896 $75
Silverado LT Crew Cab 4WD $136 $288 $344 $20 $104 $892 $74
Silverado LS Crew Cab 2WD $136 $288 $388 $24 $116 $952 $79
Silverado LS Crew Cab 4WD $136 $288 $344 $20 $104 $892 $74
Silverado LT Crew Cab 2WD $136 $288 $388 $24 $116 $952 $79
Silverado LTZ Extended Cab 2WD $136 $288 $388 $24 $116 $952 $79
Silverado LTZ Extended Cab 4WD $136 $288 $344 $20 $104 $892 $74
Silverado LTZ Crew Cab 2WD $136 $288 $388 $24 $116 $952 $79
Silverado LTZ Crew Cab 4WD $136 $288 $344 $20 $104 $892 $74
Silverado Crew Cab Hybrid 2WD $136 $332 $344 $20 $104 $936 $78
Silverado Crew Cab Hybrid 4WD $152 $332 $344 $20 $104 $952 $79
Get Your Own Custom Quote Go

Data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and New York minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-policy, and multi-vehicle. Prices do not factor in specific zip code location which can lower or raise price quotes significantly.

Yearly insurance costs for men versus women

The example below illustrates the comparison of Chevy Silverado auto insurance rates for male and female drivers. The premium estimates are based on no claims, a clean driving record, comp and collision included, $1,000 deductibles, single marital status, and no discounts are taken into consideration.

Cost difference between full coverage and liability

The diagram below shows the difference between Chevy Silverado auto insurance rates when comparing full coverage to state minimum liability only. The rates are based on a clean driving record, no claims, $250 deductibles, single status, and no discounts are factored in.

When to drop comprehensive and collision coverage

There is no written rule for excluding full coverage, but there is a guideline you can consider. If the annual cost of coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then you might consider buying liability only.

For example, let’s say your Chevy 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 policy deductible has been paid. If it’s costing in excess of $800 annually for full coverage, then you may want to consider only buying liability coverage.

There are some cases where removing full coverage is not advised. If you still have a lienholder on your title, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should not opt for liability only.

Buffalo Insurance Rates are Influenced by These Factors

Many factors are part of the equation when you get a price on insurance. Some of the criteria are obvious like a motor vehicle report, but others are not quite as obvious like where you live or how safe your car is.

Tickets cost more than a fine – Your driving citation history has a lot to do with how much you pay for insurance. Getting just one moving violation can increase the cost of insurance by as much as thirty percent. Drivers with clean records get better rates than bad drivers. Drivers unfortunate enough to have careless tickets like DUI or willful reckless driving are required to maintain a SR-22 with their state motor vehicle department in order to drive a vehicle legally.

The information below shows how violations and fender-benders can affect Chevy Silverado car insurance costs for different insured age categories. The premium estimates are based on a single female driver, comprehensive and collision coverage, $250 deductibles, and no policy discounts are applied.

Keep auto insurance rates low by being claim-free – Companies in New York provide the lowest premiums to policyholders who only file infrequent claims. If you are a frequent claim filer, you can look forward to increased rates or even have your policy non-renewed. Your car insurance is intended to be relied upon for claims that you cannot pay yourself.

High premiums for younger drivers – Youthful drivers in New York have been known to get distracted easily when driving so auto insurance rates are higher. Parents adding a teen driver onto your auto insurance can cause a big jump in price. Older, more experienced drivers have been proven to be more responsible, cause fewer claims and accidents, and are safer drivers.

The following data assumes a single driver, full coverage with $500 deductibles, and no discounts or violations.

Bump up deductibles to lower rates – Physical damage coverage, aka comp and collision, covers your vehicle from damage. Some examples of claims that would be covered are a windshield shattered by a rock, hitting a deer, and burglary. Comprehensive and collision coverage deductibles define how much you are required to pay if a covered claim is submitted. The higher the amount you pay before a claim is paid (deductible), the lower your rates will be.

Safer vehicles means better prices – Safer cars tend to have lower insurance rates. The safest vehicles help reduce the chance of injuries in an accident and lower injury rates means less claims paid and thus lower rates.

Save money by eliminating extra coverages – There are quite a few optional add-on coverages you can purchase if you aren’t careful. Coverages for coverage for rental cars, high-cost glass coverage, and motor club memberships may be wasting your money. These coverages may sound good when talking to your agent, but if they’re wasting money get rid of them and save.

Your address can modify prices – Having an address in areas with lower population is a positive aspect when shopping for auto insurance. Fewer drivers on the road means less chance of accidents in addition to lower liability claims. Urban drivers have to deal with traffic congestion and higher rates of accident claims. More time behind the wheel statistically corresponds to a higher accident and claim rate.

Insurance loss data for Chevy Silverado vehicles – Car insurance companies take into consideration historical loss data for every vehicle to help calculate premium rates. Vehicles that have higher losses will be charged more to insure. The information below illustrates the collected loss data for Chevy Silverado vehicles.

For each coverage type, the statistical loss for all vehicles averaged together is a value of 100. Numbers shown that are under 100 suggest a positive loss record, while percentage values above 100 point to more claims or larger claims.

Chevrolet Silverado Insurance Loss Statistics
Vehicle 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 from for 2013-2015 Model Years

Here’s why insurance is not optional

Even though Buffalo Silverado insurance rates can get expensive, buying insurance serves an important purpose.

First, just about all states have mandatory insurance requirements which means the state requires a minimum amount of liability insurance coverage in order to drive the car. In New York these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.

Second, if your vehicle has a loan, almost all lenders will make it a condition of the loan that you buy full coverage to guarantee loan repayment. If you do not pay your insurance premiums, the lender will be forced to insure your Chevy for a lot more money and force you to reimburse them for it.

Third, insurance safeguards both your vehicle and your personal assets. It also can pay for medical transport and hospital expenses for both you and anyone you injure as the result of an accident. Liability insurance also covers all legal expenses up to the policy limit if anyone sues you for causing an accident. If your Chevy gets damaged, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage.

The benefits of buying insurance outweigh the cost, particularly for liability claims. According to a recent study, the average American driver overpays as much as $865 each year so you should quote rates every year to make sure the price is not too high.

Buffalo car insurance companies

Selecting the top insurance provider can be rather challenging considering how many companies there are in Buffalo. The ranking data listed below could help you pick which companies you want to consider when comparing rates.

Top 10 Buffalo Car Insurance Companies Ranked by Value

  1. The General
  2. Erie Insurance
  3. The Hartford
  4. Mercury Insurance
  5. Farmers Insurance
  6. 21st Century
  7. Safeco Insurance
  8. AAA Insurance
  9. State Farm
  10. Travelers