Cybertruck Insurance Costs Exceed Silverado by $1,381 Annually

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Cybertruck Insurance Costs Exceed Silverado by $1,381 AnnuallyInsuring a Cybertruck costs an average of $3,159 per year, which is $1,381 more than the insurance for a gas-powered Chevy Silverado, although the gap is decreasing for newer models.
Editorial Staff / June 13, 2026 / 1 MIN READ / 

The insurance cost for the Cybertruck is notably higher than that of the gas Chevy Silverado, with a difference of $1,381 annually.

Currently, the average annual insurance cost for electric vehicles stands at $3,159.

Interestingly, the disparity in insurance costs between electric and gas vehicles appears to be narrowing, particularly for newer models.