Chevrolet Silverado LTZ Extended Cab 2WD Insurance Rates

Average insurance rates for a Chevrolet Silverado LTZ Extended Cab 2WD are $1,534 a year including full coverage. Comprehensive costs around $340, collision insurance costs $604, and liability coverage costs $410. Just liability insurance costs as little as $486 a year, and coverage for high-risk drivers costs around $3,306. Teen drivers receive the highest rates at up to $5,660 a year.

Annual premium for full coverage: $1,534

Rate estimates for type of coverage:

40-year-old driver, full coverage with $500 deductibles, and good driving record

Price Range for Insurance for this Chevrolet Silverado Trim Level

Price Range by Location

Your location has a large influence on the price of insurance. Areas with sparse population tend to have a lower frequency of comprehensive and collision claims than larger metro areas. The example below illustrates how where you live affects auto insurance rates.

These differences highlight why everyone should compare rates for a specific zip code and risk profile, rather than using price averages.

Use the form below to get rates for your location.

Insurance prices for a Chevrolet Silverado LTZ Extended Cab 2WD can also vary considerably based on your driver profile, the replacement cost of your Silverado, and deductibles and policy limits.

A more mature driver with no violations or accidents and high deductibles may only pay around $1,400 per year on average for full coverage. Rates are highest for teen drivers, where even good drivers should be prepared to pay as much as $5,600 a year. View Rates by Age

Where you live makes a big difference in Chevrolet Silverado LTZ Extended Cab 2WD insurance rates. A 40-year-old driver could pay as low as $1,060 a year in states like , Indiana, and North Carolina, or as much as $1,950 on average in Michigan, Montana, and Louisiana. Rates by state and city are shown later in the article.

Choosing high deductibles could save up to $630 a year, whereas buying more liability protection will increase rates. Changing from a 50/100 limit to a 250/500 limit will cost as much as $369 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are likely paying at least $1,800 to $2,500 additional per year, depending on your age. Chevrolet Silverado LTZ Extended Cab 2WD insurance for high-risk drivers can cost around 44% to 131% more than average. View High Risk Driver Rates

With so much variability in rates, the best way to figure out your exact price is to regularly compare rates and see how they stack up. Every company uses a different rate calculation, and rates can be significantly different from one company to the next.

View Chart as Image

The chart above shows average Chevrolet Silverado LTZ Extended Cab 2WD insurance rates for various risk profiles and scenarios. The cheapest rate with discounts is $887. Drivers who choose higher $1,000 deductibles will pay around $1,318. The average rate for a driver age 40 with no violations using $500 deductibles is $1,534. Selecting more expensive $100 deductibles for collision and other-than-collision coverage can cost as much as $1,948. High risk drivers could be charged as much as $3,306. The rate for full coverage insurance for a 16-year-old driver is $5,660.

View Chart as Image