Chevrolet Silverado 2500HD Insurance Rates

The average auto insurance rates for a Chevrolet Silverado 2500HD are $1,194 annually including full coverage. Comprehensive costs approximately $192 each year, collision costs $288, and liability is estimated at $534. Buying just liability costs approximately $588 a year, with insurance for high-risk drivers costing around $2,576. Teenage drivers cost the most to insure at $4,786 a year or more.

Average premium for full coverage: $1,194

Policy rates by type of insurance:

Rates are based on $500 policy deductibles, liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 U.S. states and Silverado 2500HD models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can make a big difference on car insurance prices. Rural locations are shown to have fewer comprehensive and collision claims than densely populated cities.

The graphic below illustrates how rural and urban location affects auto insurance prices.

The examples above highlight why all drivers should get quotes using their specific location and their own personal driving habits, instead of making a decision based on average rates.

Use the form below to get customized rates for your location.

More Rate Information

The chart below breaks down estimated Chevrolet Silverado 2500HD insurance rates for additional coverage and risk scenarios.

• The best discount rate is $717
• Choosing higher $1,000 deductibles can save $110 every year
• The estimated rate for a good driver age 40 who chooses $500 deductibles is $1,194
• Using low deductibles for comp and collision coverage will cost $1,402
• Higher-risk drivers who are prone to accidents and violations could pay around $2,576 or more
• Policy cost with full coverage for a 16-year-old driver can cost $4,786 each year

View Chart as Image

Insurance rates for a Chevrolet Silverado 2500HD also range considerably based on the model year and trim level, your driving characteristics, and physical damage deductibles and liability limits.

More mature drivers with a clean driving record and high physical damage deductibles may pay as low as $1,100 annually on average, or $92 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they can expect to pay in the ballpark of $4,700 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are likely paying anywhere from $1,400 to $2,000 extra every year, depending on your age. Insurance for high-risk drivers ranges from 42% to 130% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can save as much as $320 annually, whereas increasing liability limits will push rates upward. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $426 more per year. View Rates by Deductible or Liability Limit

Your home state plays a big part in determining prices for Chevrolet Silverado 2500HD insurance prices. A good driver about age 40 could pay as low as $920 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,700 on average in Louisiana, New York, and Michigan.

View Chart as Image

Because rates have so much variability, the best way to figure out who has the best auto insurance rates is to do a rate comparison from multiple companies. Each auto insurer uses a different method to calculate rates, so the rates will be varied between companies.

Insurance Rates by Trim Level and Model Year

Rates assume 2012 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Buy the Best Cheap Chevrolet Silverado 2500HD Insurance

Finding cheaper rates on insurance for a Chevrolet Silverado 2500HD takes being a good driver, having a good credit history, paying for small claims out-of-pocket, and maximizing policy discounts. Set aside time to shop around once a year by getting quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.

The following list is a quick review of the data that was raised in the charts and tables above.

• You may be able to save around $140 per year simply by quoting online in advance
• Insureds who purchase an increased level of liability coverage will pay an extra $590 per year to raise limits from a 30/60 limit to higher 250/500 limits
• Drivers age 16 to 20 are expensive to insure, with premiums being up to $399 each month including comprehensive and collision insurance
• Drivers considered higher risk with a DUI or reckless driving violation may have to pay on average $1,380 more per year than a safer driver