What Insurance is Cheapest for a Chevrolet Silverado in Bakersfield?

Buying competitive car insurance for a Chevy Silverado in California relies on many rating factors such as how old the vehicle is, whether or not you garage your vehicle, and your motor vehicle report. California drivers will pay on average $1,963 a year for Silverado insurance, but that price is an approximation calculated using a 40-year-old single female driver with full physical damage coverage and $100 deductibles.

When projecting a rate like this, the problem is that you may not be 40 years old (or even female), you might be married instead of single, or maybe you just want liability only instead of full coverage. Having what appears to be a very minor change in policy rating criteria or coverages can result in a large change in the cost of insurance.

Having different needs demonstrates why the only real way to find the cheapest insurance price for your Chevrolet is to compare rates from as many companies as possible.

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Vehicle trim level impacts price, so the rate you will pay to insure a Silverado LS Regular Cab 2WD model will be $452 less expensive the insurance cost for the fancier Silverado Crew Cab Hybrid 4WD trim level, as shown by the rates below.

Data rating is based on single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, multi-vehicle, and safe-driver. Rate quotes do not factor in specific location which can affect rates greatly.

Buying coverage from the highest-rated insurance company can be a challenge considering how many choices drivers have in Bakersfield. The rank data listed below may help you choose which auto insurance companies you want to consider shopping your coverage with.

The rankings below are only comprised of large nationwide companies, so smaller companies are not factored into this list. To get rate quotes and find cheaper insurance for a Chevy Silverado, click here.

Top 10 Major Auto Insurance Companies in Bakersfield Ranked by Claims Service

1. AAA of Southern California
2. State Farm
3. Esurance
4. AAA Insurance
5. Progressive
6. Liberty Mutual
7. GEICO
8. Allstate
9. Titan Insurance
10. The Hartford

Get discounts on Bakersfield insurance rates

Car insurance companies that sell policies for a Chevy Silverado may additionally offer rate discounts that could reduce prices by 30% or more if you qualify. The best car insurance companies and a selection of discounts are included below.

• GEICO offers premium reductions for multi-policy, military active duty, five-year accident-free, anti-theft, multi-vehicle, and anti-lock brakes.
• MetLife may have discounts that include claim-free, accident-free, good student, multi-policy, and defensive driver.
• State Farm includes discounts for multiple policy, good driver, student away at school, safe vehicle, and defensive driving training.
• Progressive offers discounts including multi-vehicle, continuous coverage, good student, multi-policy, homeowner, and online quote discount.
• Mercury Insurance offers discounts for good student, good driver, multi-policy, age of vehicle, and accident-free.
• 21st Century may include discounts for defensive driver, early bird, teen driver, anti-lock brakes, homeowners, and theft prevention.
• Allstate has discounts for good payer, 55 and retired, multi-policy, eSmart discount, and economy car.

The illustration below compares insurance rates with and without policy discounts. The premiums assume a female driver, no claims, a clean driving record, California state minimum liability limits, comp and collision included, and $500 deductibles.

The first bar for each age group shows premium with no discounts. The lower bar shows the rates with marriage, homeowner, anti-theft, defensive driving course, safe-driver, and accident-free discounts applied. When these discounts are applied, the average amount saved each year on car insurance for a Chevy Silverado is 28% or $747.

Full coverage or liability only

Paying a lower price for car insurance should be important to most people, and one way to buy cheap insurance for a Chevy Silverado is to not buy full coverage. The chart below compares auto insurance rates with full physical damage coverage and with liability coverage only. The premiums assume no accidents, no driving violations, $250 deductibles, single marital status, and no discounts are factored in.

As an average, comp and collision coverage costs an extra $2,743 per year over liability only. Many people question if paying for full coverage is worth it. There isn’t a written rule of when to drop full coverage, but there is a guideline you can consider. If the annual cost of your full coverage insurance is 10% or more of the replacement cost of your vehicle minus the policy deductible, then it might be time to consider dropping full coverage.

You may be paying too much for Silverado insurance

Bakersfield car insurance rates are impacted by many things which can substantially change the price you have to pay for coverage. Improving your credit rating, marrying your spouse, or having a fender bender can cause premium changes that may make certain companies affordable when they were higher priced. Not only that, but car insurance companies change premium rates as needed in order to be able to pay unexpected claims. Larger than normal claims may cause price increases, while a better loss history may produce lower-cost Silverado insurance rates.

To help illustrate this point, the data below shows a variety of companies that have the cheapest car insurance in Bakersfield, CA for a 45-year-old male driver with a clean driving record, no accidents, and solid credit. If we estimate prices based on his current rating profile, USAA might offer the lowest car insurance rates in Bakersfield at $1,157 per year. This is $494 less than the average premium paid by California drivers of $1,651. Wawanesa, Century National, CSAA, and Nationwide are the remaining top five cheapest Bakersfield, CA auto insurance companies.

The example below compares rates after we give the driver from the first rate comparison a claim, a little lower credit rating, and a traffic citation. Due to the fact that every auto insurer has their own formula to establish rates, comparing rates may now result in a slightly different list of the cheapest Bakersfield car insurance companies as shown below.

Grange now has the cheapest insurance rate in Bakersfield, CA with Progressive, GEICO, Allstate, and Mercury also having competitive pricing. This example demonstrates why drivers need to shop around with many companies when trying to find the most economical insurance rates for a Chevy Silverado. Insurance rates consist of many risk factors and can change without notice, so the cheapest company two years ago may now be quite expensive.

How to find cheaper insurance for a Chevy Silverado

The list below details a few money-saving solutions that can help Bakersfield drivers buy cheaper car insurance.

• Avoid preventable accidents
• Buy your homeowners policy from the same company as your auto insurance
• Speeding tickets and other violations increase rates
• Higher deductibles mean lower rates
• Improve your credit
• Having too many claims will increase rates substantially
• Keep rates low by shopping around frequently

That last piece of advice is incredibly crucial, as was discussed in this article. Insurance prices in Bakersfield fluctuate considerably, so you should be ready to buy a policy from a new company if a cheaper rate is available.

Brand loyalty is not necessarily bad, but it’s not recommended if that devotion results in you overpaying hundreds every year. It only takes a couple minutes to compare rates to find cheaper car insurance for a Chevy Silverado.

The agents below are a good start to provide answers to your questions and help you determine which auto insurance policy would work best for you, as lots of people like to get some professional input when comparing insurance rates for a Chevy Silverado. It can be difficult to find the cheapest rates, and agents can give peace of mind knowing your coverage gives you enough coverage when you need it.

To locate a Bakersfield car insurance agency in your neighborhood, click the button following the list or click here to compare price quotes now.

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