Pickups Offer Strong Insurance Value

Chevy Silverado WT RC II

Buying a pickup is one of the smartest purchases you can make for a number of reasons. Not only is it just about the best, most functional, and most versatile type of vehicle on the road today, but according to the experts at Insure.com, it's one of the most inexpensive vehicles to insure as well.

In their most recent survey where they've selected the top 20 least and most expensive models to insure for 2012, six pickup trucks made the "good" list. Basically, Insure.com commissioned a third part to generate a report of the average auto insurance rates, using data from the six largest carriers (Allstate, Farmers, GIECO, Nationwide, Progressive, and State Farm) in 10 Zip codes per state. 

(Averages are based on insurance for a single 40-year-old male who commutes 12 miles to work each day, with policy limits of 100/300/50 ($100,000 for injury liability for one person, $300,000 for all injuries and $50,000 for property damage in an accident) and a $500 deductible on collision and comprehensive coverage. This hypothetical driver has a clean record and good credit. The rate includes uninsured motorist coverage. Average rates are for comparative purposes. Your own rate will depend on personal factors.)

The top pickup trucks that made Insure.com's Least Expensive to Insure list are:

#5 -- GMC Sierra 1500 Regular Cab 4x2 4.3L V-6 at $1,121

#6 -- Chevy Silverado 1500 Regular Cab 4x2 4.3L V-6 at $1,126

#10 -- Chevy Silverado 1500 Ext Cab 4x2 4.3L V-6 at $1,143

#16 -- Nissan Frontier S King Cab 4x2 2.5L I-4 at $1,162

#17 -- Nissan Frontier SV King Cab 4x2 2.5L I-4 at $1,163

#20 -- GMC Canyon WT Regular Cab 4x2 2.9L I-4 at $1,167

No pickup trucks showed up on the Most Expensive Vehicles to Insure list. As you might expect, that Top 20 of that list is littered with high-horsepower, big-motored, sports cars from Europe (although there is one import V-6 from Japan; can you guess?). 


This is true and a great thing. I'm hoping this remains true when in 2013 you can get a 2014 Sierra V6 3.0 TT regular cab that puts out 300HP.. and possibly gets as much as 19mpg city gas mileage.

@Cyberpine,I am hoping GM's GTDI will be based on the 3.6, not the 3.0. I don't think there will be a fuel economy difference between the two, but I do think the 3.6 will give a performance advantage and rival Ford's 3.5. I also hope Chrysler uses the 3.6 Pentastar to compete. I am a Ford guy, but I also like competition.

What the heck? 100k injury liability, 300k all injuries?

In Canada we have 1 million and 2 million liability..

No wonder we get boned on premiums..

Chevy Regular Cabs are good looking trucks.. But I think the those stock steel rims look stupid. Talking about econmocal trucks.. It would be awsome if chevy delivered these base trucks with a better looking steel rim. Maybe a more deep dish star shape painted black with a beauty ring - more like the camaro steels.. It would also be very smart if the stock steel rims were 9 inch wide and could run 33x12.5 with no spacers or lifting. Then you could buy the base truck and slap some big fat tires on it and have a damn good looking cheap truck.

ho hum boring

@Dude Duderson - anyone would be crazy to have less than a million liability. 50,000 damage isn't a whole lot either considering how expensive vehicles are becoming.
Please note that these rates are for a 40 yr old, clean driving record and good credit.
Why good credit?
The insurance company feels that you can absorb more litigation expenses???
Notice that these rates are for 4x2 trucks will very low GVW and towing capacities.
They should post the price for a 19 year old or a 1 ton crew cab 4x4?

@Cyberpine - I too never liked those. Not that I'd buy one with steel wheels anyway but still. Everytime I see those steel slots I cringe. They had them on the last bodystyle trucks as well. I was hoping they would get a better looking steel wheel for these but they didn't change them. Hopefully they do with this next truck. The slots really need to go...

Is there any way to see other pickups average premiums? This can be a large part of the true cost to own a vehicle and is something to think about when purchasing. Also, where do the 4X4 models land?

It also doesn't hurt when you can specify that trucks are for "farm use", and the premiums end up being lower. (even if you don't have a farm)

Not all insurance companies use farm use, some just "pleasure" but it's worth asking if you're like me and can't afford to drive these things that much cuz of the gas prices.

GMI reported GM is building both, and most likely the 3.6 will be in trucks. the engine they showed in the pic was branded with a Cadillac symbol. check it out.

It's nice working close to home and having the opportunity to define my use as "pleasure." Saves a bit of money too.
If you're buying the GM full-sized, opt for the 5.3L well worth having the extra horses in case you really want to let it loose once in a while. Of course, if the future models have this kind of power and better mileage I could then possibly afford to stay in a truck, else I'll be having to switch back to a car.

Must be a slow news day.

When can we get a new author for pickuptrucks.com?

Every article seems to be PRO GM (did michiganBOB take over the site?!)

Mark Williams your last 3 articles all point to GM truck strengths (after reading several of your pieces the language you choose would also suggest a strong bias)

Missing Mike Levine, will revert to autoblog and other sites at this time.

Honestly, anyone else feeling this way?


Nope, it's just you!

Goodbye now!

I'd give Mr.Williams a chance here. There's plenty of negative sentiment towards GM trucks posted here that goes uncensored. This one one of the last free places to express your feelings on trucks. Even if it's Bob.

Mark raises a good point... Give the guy a chance though.

Its one thing people dont look at when they purchase a vehicle,in many cases you can drive a full size Dodge Hemi truck (in my case) paying for insurance and gas and pay less than a person driving a hybrid or small economy car !

Many people focus too much on mpg instead of the overall cost.My Dodge is cheaper to insure/run than a Civic my sister owns,and the write off value is more for my truck than the Civic,as we found out as a drunk smashed through our yard and ruined my sisters 23,000 mile original owner 2008 Civic SI loaded top model and my 3 rd owner 110,000 mile 2006 Dodge Ram 1500 SXT (not a fully loaded truck)Her cost of insurance was more than my truck and most of my gas money combined.She now owns a 08 Dodge Ram 1500 Laramie and I bought a 04 Dodge Ram 1500 Sport Q.C 30,000 mile rare find,as I am still in trade school,didnt want to go in debt !

Oh yeah we both have a clean drivers record,and her 08 is cheaper than my 04 because she is a 24 year old girl in University I guess,I am a 22 year old male in trade school,I am not responsible in the State of California .

@Mark - pro-GM? you serious? If anything, PUTC gets accused of being pro-Ford. I find that Mark Williams is way less politically correct than Mike Levine. He is more likely to make controversial comments and lets the blogs get more rough. It can be a pain with all of the back and forth bashing. Mark Williams has the right to grow PUTC to his style of journalism. I liked Mike Levine but I also like Mark Williams.
Where does one stop with censorship? The line should be drawn at personal attacks, racist comments, outright vulgarity. Beyond that - threads often take on a life of their own. at times that is a bad thing, but many times it opens interesting new areas of discussion.

I dont know what Mark Williams favorite brand is I would guess Ford but its no so obvious like Mike Levine and I was the one who said I thought he and Buy American were the same person. Also anybody notice after Mark Williams took over PUTC they are both gone. This was the first time I saw the work of Mark Williams http://www.youtube.com/watch?v=Lvn6-NWRqvo.

Yea I definitely say Mr. Williams is pro ford. The tone of his articles surely display that. He does mention little things on the gm's and dodges that he does like which is good. I am sure he is trying to do his best to be unbiased.

biased or not still good reads here

I wish he was pro Ram, likely pro GM from what i can tell

@ Dodge Ram. It sucks being a male driver doesn't it. When I first got my license I had completed a driver training program and the only was I could afford insurance was to be covered under my parents. Even with that I was still paying $3000 a year for basic coverage. Without being under their plan I would have been looking at 5K a year.

@Lou, I agree. They should post the cost for SVT raptor pickup truck too.

Being an insurance agent, I have been noticing for years, especially F-250/F-350 ARE EXCELLENT ON INSURANCE RATES!

@MMP - I wonder if a Raptor would be more?
@Steve - really ? Insurance from my experience has always been tied to risk ie. theft, and damage (4x4 trucks are probably more prone to both), and due to capacity. An F350 packing 2 tons of equipment will do more damage to another vehicle and to itself than a 1/2 ton with 1,200 lb in the box. Sames goes for a 1 ton pulling 19,000 lb.

Lou - I know what you are saying and bodily injury and property damage are surely taken into account, however, collision (considered the at-fault coverage to fix your vehicle) is generally the most expensive coverage (full coverage/physical damage is comprehensive and collision). From what I have seen 00-07 Ford F-250/F-350 have very low collision rates. Now there are also special rates for farm tagged trucks and the company I represent has excellent rates for farm trucks, which would not be rated the same as personal/private passenger trucks.

I just quoted a guy coming from a 2007 Tundra Double Cab 5.7L to a 2011/2012 Raptor and his price was $550 / 6-months for the Tundra and it was the same price for the Raptor, crazy!

@Steve - thanks. The Raptor probably doesn't get flagged as a higher risk vehicle. I've seen enough youtube video's of dumb stuff with regular trucks, so why should the Raptor be singled out.

DudeDuderson::: you guys up there get boned because eof you tax stuctures, how do you think you get (free health ins.), NOTHING is free. Down here in America I insure a new Silverado Z-71 5.3 4X4 for just over $900.00 for full coverage with 500,000/1,000,000 liability! and my 2003 Dakota is only $650 a yr.

Well they do get the worst gas mileage depending on what type you get so are you not breaking even or worse after you figure that in? You also would have to spend a lot more money to seat 4 good sized people in a pickup truck. They are really versatile though and at some point everyone wishes they had one. I did some research on which trucks hold their value the best. Truck Values Over Time

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