Do you want a faster way to compare lower-priced Chevy Silverado insurance in Santa Ana? No sane person fancies paying their premiums for car insurance, especially when they are aware that it costs too dang much.
Smart shoppers know that insurance companies want to keep your business as long as possible. Consumers who shop around annually will presumably buy a new policy because there is a good chance of finding more affordable rates. A recent car insurance study discovered that drivers who compared price quotes annually saved about $3,500 over four years compared to policyholders who didn't regularly shop around.
If finding budget-friendly insurance in Santa Ana is your ultimate goal, learning how to choose a company and compare coverages can make it simple to find affordable coverage.
How to find lower priced Chevy Silverado insurance in Santa Ana
If you want to save money, the best way to find cheaper quotes for car insurance rates in Santa Ana is to regularly compare quotes from providers in California. Prices can be compared by completing these steps.
Step 1: Get a basic knowledge of what coverages are included in your policy and the factors you can control to keep rates in check. Many rating criteria that result in higher rates such as accidents, traffic tickets, and a bad credit rating can be amended by making minor changes in your lifestyle. Keep reading for more ideas to get cheaper coverage and find discounts that you may qualify for.
Step 2: Obtain price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only quote rates from a single company like Progressive or State Farm, while independent agencies can quote prices from multiple sources. Start a quote
Step 3: Compare the new rate quotes to your current policy premium to determine if switching companies saves money. If you find better rates and buy the policy, make sure coverage does not lapse between policies.
An important part of this process is to use identical coverages on every price quote and and to compare all possible companies. This guarantees a fair rate comparison and plenty of rates choose from.
With consumers having so many choices for buying lower-cost insurance for a Chevy Silverado in Santa Ana, it can be difficult for drivers to pick the most affordable car insurance provider.
How Insurance Providers Calculate Chevy Silverado Insurance Prices
It's important that you understand a few of the rating criteria that aid in calculating your premiums. If you have some idea of what controls the rates you pay, this allows you to make educated decisions that may result in lower premium levels.
The following are some of the factors auto insurance companies consider when setting your rate level.
Never have coverage lapses - Having a lapse in insurance coverage can be a guaranteed way to pay more for auto insurance. Not only will you pay more, being ticketed for driving with no insurance may earn you fines or a revoked license. You may need to provide proof of insurance in the form of an SR-22 filing with the California department of motor vehicles.
Discounts for alarm systems - Choosing a vehicle that has a built-in theft deterrent system can save you a little every year. Anti-theft devices such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can help prevent your car from being stolen.
Are you male or female? - The statistics show that females take fewer risks when driving. Now that doesn't mean women are better drivers. Females and males cause accidents in similar numbers, but males have costlier accidents. Not only that, but men also receive more costly citations such as reckless driving. Males from age 16 to 21 generally have the highest accident percentage so it costs more to insure them.
The chart below shows the difference between Chevy Silverado auto insurance costs for male and female drivers. The premium estimates are based on no claims, a clean driving record, comp and collision included, $1,000 deductibles, marital status is single, and no policy discounts are applied.
Consider raising physical damage deductibles - Your deductibles state the amount of money you are required to spend out-of-pocket in the event of a claim. Insurance for physical damage to your car, also called 'full coverage', is used to repair damage to your car. A few examples of covered claims would be collision with another vehicle, collision with a deer, and damage from wind. The more damage repair cost the insured is willing to pay, the less your company will charge you for insurance.
Lower premiums for safer cars - Cars with high safety ratings tend to have better insurance rates. Vehicles engineered for safety reduce the chance of injuries and lower injury rates translates into savings for insurance companies which can mean better rates for you. If your Chevy Silverado is rated at least four stars on Safercar.gov it is probably cheaper to insure.
Rates may be higher where you live - Having an address in small towns and rural areas has it's advantages when talking about auto insurance. Residents of big cities have more aggressive driving styles and more severe claims. Fewer drivers and short commutes means less chance of accidents in addition to lower liability claims.
Drive less and pay lower prices - The more you drive each year the more it will cost to insure it. A lot of companies apply a rate based upon how much you drive. Cars and trucks left parked in the garage can be on a lower rate level than vehicles that are driven to work every day. Verify your auto insurance declarations sheet reflects the correct usage, because it can save money. An incorrectly rated Silverado is just wasting money.
Chevy Silverado insurance claim data - Companies analyze the history of losses to help determine the price you pay. Vehicles that the data shows to have a trend towards higher claims will have higher rates for specific coverages. The next table shows the insurance loss data for Chevy Silverado vehicles.
For each policy coverage type, the statistical loss for all vehicles, regardless of make, model or trim level, is represented as 100. Numbers shown that are under 100 suggest a better than average loss history, while numbers that are greater than 100 indicate a higher chance of having a claim or an increased likelihood of larger losses.
| Specific Chevrolet 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
Auto insurance statistics and figures
The rate information below covers different insurance rates for Chevy Silverado models. Understanding more about how auto insurance policy rates are figured can assist in making informed coverage decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Silverado LS Regular Cab 2WD | $176 | $336 | $650 | $38 | $194 | $1,394 | $116 |
| Silverado LS Regular Cab 4WD | $176 | $336 | $574 | $34 | $172 | $1,292 | $108 |
| Silverado LT Regular Cab 2WD | $202 | $408 | $650 | $38 | $194 | $1,492 | $124 |
| Silverado LT Regular Cab | $202 | $408 | $650 | $38 | $194 | $1,492 | $124 |
| Silverado LS Extended Cab 4WD | $202 | $408 | $574 | $34 | $172 | $1,390 | $116 |
| Silverado LT Extended Cab 4WD | $202 | $408 | $574 | $34 | $172 | $1,390 | $116 |
| Silverado LT Extended Cab 2WD | $202 | $408 | $650 | $38 | $194 | $1,492 | $124 |
| Silverado LS Extended Cab 2WD | $202 | $408 | $650 | $38 | $194 | $1,492 | $124 |
| Silverado LT Crew Cab 4WD | $228 | $482 | $574 | $34 | $172 | $1,490 | $124 |
| Silverado LS Crew Cab 2WD | $228 | $482 | $650 | $38 | $194 | $1,592 | $133 |
| Silverado LS Crew Cab 4WD | $228 | $482 | $574 | $34 | $172 | $1,490 | $124 |
| Silverado LT Crew Cab 2WD | $228 | $482 | $650 | $38 | $194 | $1,592 | $133 |
| Silverado LTZ Extended Cab 2WD | $228 | $482 | $650 | $38 | $194 | $1,592 | $133 |
| Silverado LTZ Extended Cab 4WD | $228 | $482 | $574 | $34 | $172 | $1,490 | $124 |
| Silverado LTZ Crew Cab 2WD | $228 | $482 | $650 | $38 | $194 | $1,592 | $133 |
| Silverado LTZ Crew Cab 4WD | $228 | $482 | $574 | $34 | $172 | $1,490 | $124 |
| Silverado Crew Cab Hybrid 2WD | $228 | $554 | $574 | $34 | $172 | $1,562 | $130 |
| Silverado Crew Cab Hybrid 4WD | $254 | $554 | $574 | $34 | $172 | $1,588 | $132 |
| Get Your Own Custom Quote Go | |||||||
Prices based on single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Rates do not factor in zip code location which can change premiums considerably.
Santa Ana car insurance discounts
Insuring your vehicles can cost a lot, but you might already qualify for some discounts that may help make it more affordable. A few discounts will be applied at quote time, but occasionally some discounts must be asked about before you get the savings. If you aren't receiving every discount available, you are not getting the best rate possible.
- 55 and Retired - If you qualify as a senior citizen, you can get a discount up to 10%.
- Discount for Home Ownership - Owning a house in Santa Ana can earn you a little savings because maintaining a house shows financial diligence.
- No Charge for an Accident - Not really a discount, but a few companies such as GEICO, State Farm, and Progressive may permit one accident without raising rates if you are claim-free for a certain period of time.
- Seat Belt Discounts - Using a seat belt and requiring all passengers to use a seat belt can save up to 15% on medical payment and PIP coverage.
- Savings for New Vehicles - Buying a new car instead of a used Silverado can be considerably cheaper because new model year vehicles have to meet stringent safety requirements.
- E-sign Discounts - A few companies may give you up to $50 for signing up on their website.
- Distant Student Discount - Youth drivers who attend college more than 100 miles from Santa Ana and leave their car at home may be able to be covered for less.
- Passive Restraints and Air Bags - Vehicles equipped with air bags or automatic seat belts may qualify for discounts up to 30%.
- No Claims - Drivers who don't have accidents have much lower rates compared to drivers with a long claim history.
- Multi-policy Discount - If you combine your auto and home policies and insure them both with the same insurance company you could save approximately 10% to 15%.
You should keep in mind that some of the credits will not apply to your bottom line cost. Some only apply to the price of certain insurance coverages like medical payments or collision. Even though it may seem like you can get free auto insurance, company stockholders wouldn't be very happy. Any qualifying discounts should help lower the cost of your policy.
The chart below shows the comparison of Chevy Silverado car insurance costs with and without discounts applied to the policy premium. The premiums are based on a male driver, no claims or driving citations, California state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-car, multi-policy, homeowner, claim-free, and safe-driver discounts applied.
Some of the insurance companies who might offer these money-saving discounts include:
When comparing rates, check with each insurance company which discounts you qualify for. Discounts may not apply to policies in your state.
You can find cheap coverage
We've covered quite a bit of information on how to find cheaper Chevy Silverado insurance in Santa Ana. It's most important to understand that the more price quotes you have, the higher the chance of saving money. Drivers may even discover the lowest priced car insurance comes from some of the smallest insurance companies. Some small companies may cover specific market segments cheaper than their larger competitors like Allstate, GEICO and Progressive.
Some insurance providers may not offer internet price quotes and usually these regional carriers provide coverage only through independent agents. Cheaper Chevy Silverado insurance in Santa Ana can be sourced online in addition to local insurance agencies, and you should compare price quotes from both to have the best chance of lowering rates.
As you go through the steps to switch your coverage, it's very important that you do not buy poor coverage just to save money. There are many occasions where someone sacrificed physical damage coverage only to discover later that it was a big mistake. The ultimate goal is to find the BEST coverage at the lowest possible cost, but do not skimp to save money.
How to quote cheaper Chevy Silverado insurance in Santa Ana
The easiest way to save money on Chevy Silverado insurance in Santa Ana is to annually compare prices from insurers who sell auto insurance in California.
- Get an understanding of car insurance and the steps you can take to drop your rates. Many policy risk factors that cause rate increases such as speeding tickets, accidents and an unfavorable credit rating can be controlled by making lifestyle changes or driving safer.
- Obtain price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can give quotes from one company like Progressive or Farmers Insurance, while independent agencies can give you price quotes from multiple companies.
- Compare the new rate quotes to your current policy and determine if cheaper Silverado coverage is available. If you find a lower rate and switch companies, make sure there is no lapse in coverage.
- Notify your current company of your intent to cancel your current coverage. Submit a completed application and payment to your new insurance company. Immediately place the new certificate of insurance in an easily accessible location.
A key point to remember is to try to use the same deductibles and limits on every quote request and and to get prices from every insurance company. Doing this guarantees a level playing field and maximum price selection.
Additional resources
- Keeping Children Safe in Crashes Video (iihs.org)
- What Car Insurance is Cheapest for Inexperienced Drivers in Santa Ana? (FAQ)
- Who Has the Cheapest Auto Insurance for a Honda Civic in Santa Ana? (FAQ)
- Who Has Affordable Auto Insurance for a Ford F-150 in Santa Ana? (FAQ)
- How to Avoid Staged Accidents (State Farm)
- Coverage Information (Progressive Insurance)
- Things to Know Before you Cancel Insurance (Allstate)