Chevrolet Silverado 2500HD Insurance Rates

The average insurance rates for a Chevrolet Silverado 2500HD are $1,194 a year for full coverage insurance. Comprehensive costs approximately $192 a year, collision costs $288, and liability is estimated at $534. A liability-only policy costs approximately $588 a year, with high-risk insurance 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:

Prices are based on $500 deductibles, liability coverage up to 30/60, and includes medical and UM/UIM coverage. Prices are averaged for all 50 states and Silverado 2500HD trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on the price of auto insurance. Rural locations are shown to have a lower frequency of physical damage claims than densely populated cities.

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

The examples above illustrate why it is important to get quotes using their specific location and risk profile, instead of using average rates.

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

More Rate Details

The chart below illustrates 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 $1,084 each year
• The average rate for a good driver age 40 who chooses $500 deductibles is $1,194
• Using low $100 deductibles for comp and collision coverage will increase the cost to $1,402
• Unlucky drivers who are prone to accidents and violations could pay around $2,576 or more
• Policy cost for full coverage for a teen driver can cost $4,786 each year

View Chart as Image

Car insurance rates for a Chevrolet Silverado 2500HD also range considerably based on your risk profile, the model year and trim level, and physical damage deductibles and liability limits.

Older drivers with no driving violations and high deductibles may pay as little as $1,100 annually on average, or $92 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will be charged in the ballpark of $4,700 a year. View Rates by Age

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 $780 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,610 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles can save as much as $320 every year, while buying higher liability limits will push rates upward. Switching from a 50/100 limit to a 250/500 limit will raise rates by up to $426 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are probably paying anywhere from $1,400 to $2,000 extra every year, depending on your age. A high-risk auto insurance policy ranges as much as 42% to 130% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the only way to figure out who has the best car insurance rates is to get quotes and see which company has the best rate. Each auto insurer uses a different method to calculate rates, so rate quotes will be varied from one company to the next.

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 Find Affordable Chevrolet Silverado 2500HD Insurance

Finding cheaper rates on car insurance takes not taking risks behind the wheel, having above-average credit, being claim-free, and avoiding coverage lapses. Set aside time to shop around every time your policy renews by requesting quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

The following is a brief review of the information raised in the charts and tables above.

• It is possible to save around $140 per year simply by quoting early and online
• Teens pay the highest auto insurance rates, possibly costing $399 each month if full coverage is included
• Increasing comprehensive and collision deductibles can save around $325 each year
• Higher risk drivers with DUI or reckless driving convictions may pay on average $1,380 more per year for Silverado 2500HD insurance
• Policyholders who purchase higher liability limits will pay an extra $590 annually to raise limits from a 30/60 limit to 250/500 limits