2012 Chevy Silverado Insurance Analysis

The 2012 Chevy Silverado is the truck you want if you are looking for a good truck with a low insurance premium.

The 2012 Chevy Silverado Model

While the Chevy Silverado is not rated as the safest truck on the market today, it still has a decent rating through the IIHS and NHTSA. Meaning that you are not driving a death trap, and there are worse trucks out there that you could be driving.

Even with the less than perfect safety ratings, the insurance premium for this truck comes in surprisingly lower than the trucks that are rated safer than it.

2012 Chevy Silverado Basics

The 2012 Chevy Silverado is available in 5 different versions:

• Silverado 1500

• Silverado Hybrid

• Silverado 2500HD

• Silverado 3500HD

• Silverado Chassis

Because we don’t have enough time to cover all 5 models, we are going to focus on the 1500. This is the more popular model of this line and is the one that is used most commonly by everyday drivers out on the road.

IIHS Safety Ratings for the 2012 Chevy Silverado

The Insurance Institute for Highway Safety (IIHS) has ranked the 2012 Chevy Silverado 1500 as being average in its safety ratings. It is not one of the “Top Safety Picks” (Ford, Honda and Toyota hold that distinction). However, it is still rated as safe.

For frontal crash tests it was rated as “good” (highest rating it can be given).

For side impact tests it was rated as “average” (second highest rating). It may not have achieved the highest rating in this test, but is a vast improvement on the “poor” rating it has been given for the 2007 through 2009 models.

The roof strength test on the extended cab models only rated as “marginal” (this is just a step above poor).

NHTSA Safety Ratings for the 2012 Chevy Silverado

The National Highway Traffic Safety Administration (NHTSA) has its own set of rankings for the 2012 Chevy Silverado 1500. While they tested it separately, the ranking for their test comes out almost the same.

After frontal crash testing by the NHTSA, they ranked the 2012 Chevy Silverado 1500 with a 5 out of 5 stars for driver safety. Front passenger safety was ranked with 4 out of 5 stars.

Insurance Ranking for the 2012 Chevy Silverado

Good news for all of you out there that are already driving or thinking about buying the 2012 Chevy Silverado! The 2012 Chevy Silverado has been ranked by insure.com as one of the least expensive vehicles in the nation to insure.

It even made the list not once, but twice. How did it do that you might be asking?

It made the list twice with two different versions of the 2012 Chevy Silverado 1500. The 2012 Chevy Silverado 1500 Extended Cab ranked as the 10th least expensive vehicle to insurance. Then the 2012 Chevy Silverado 1500 Regular Cab was ranked as the 6th least expensive vehicle to insure.

Of the top 10 least expensive vehicles to insure, there are only 3 trucks that made the list. The 2012 Chevy Silverado holds 2 of those 3 spots.