Chevrolet Silverado 2500HD Insurance Rates

Estimated insurance rates for a Chevrolet Silverado 2500HD are $1,194 a year with full coverage. Comprehensive insurance costs on average $192 each year, collision costs $288, and liability coverage is estimated at $534. Liability-only insurance costs approximately $588 a year, with high-risk driver insurance costing $2,576 or more. Teenage drivers pay the most at $4,786 a year or more.

Average premium for full coverage: $1,194

Premium estimates by type of coverage:

Prices include $500 policy deductibles, 30/60 liability coverage, and includes both medical and UM/UIM coverage. Rates include averaging for all U.S. states and Silverado 2500HD models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city has a large influence on auto insurance rates. Rural areas are statistically proven to have lower incidents of collision claims than densely populated cities.

The graphic below illustrates how rural and urban location affects car insurance rates.

These rate differences demonstrate why all drivers should get quotes based on a specific location, rather than using average rates.

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

Rate Comparisons

The chart below details estimated Chevrolet Silverado 2500HD insurance rates for different risk profiles and scenarios.

• The best discount rate is $717
• Choosing higher $1,000 deductibles can save around $110 annually
• The estimated price for a 40-year-old good driver with $500 deductibles is $1,194
• Using low deductibles for comp and collision coverage will cost an additional $208 each year
• Drivers who are prone to accidents and violations could pay upwards of $2,576 or more
• An auto insurance policy that insures a teenage driver may cost $4,786 each year

View Chart as Image

Insurance prices for a Chevrolet Silverado 2500HD also have a wide range based on the trim level and model year, your age and driving habits, and policy deductibles and limits.

If you have a few violations or you caused an accident, you may be forking out at a minimum $1,400 to $2,000 additional annually, depending on your age. Insurance for high-risk drivers ranges around 42% to 130% more than a normal policy. View High Risk Driver Rates

More mature drivers with no violations or accidents and higher comprehensive and collision deductibles may only pay around $1,100 annually on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records should be prepared to pay upwards of $4,700 a year. View Rates by Age

Where you choose to live plays a big part in determining prices for Chevrolet Silverado 2500HD insurance rates. A good driver about age 40 could pay as low as $860 a year in states like New Hampshire, Ohio, and Utah, or be forced to pay as much as $1,610 on average in Florida, Michigan, and New York.

View Chart as Image

Using high physical damage deductibles can save as much as $320 a year, whereas increasing liability limits will cost you more. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $426 more each year. View Rates by Deductible or Liability Limit

With such a large range in prices, the best way to find out exactly what you will pay is to do a rate comparison and see how they stack up. Each auto insurer uses a different method to calculate prices, and prices will be substantially different.

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 the Right Chevrolet Silverado 2500HD Insurance

Finding better rates on auto insurance takes being safe and accident-free, having a good credit score, being claim-free, and insuring your home and auto with the same company. Compare prices every year by quoting rates from direct companies, and also from several local insurance agents.

Below you'll find a quick rundown of the coverage data raised in the charts and tables above.

• You may be able to save as much as $140 per year simply by quoting online in advance
• Increasing policy deductibles can save approximately $325 each year
• Youthful drivers pay higher prices, possibly costing $399 per month if comprehensive and collision insurance is included
• Drivers with reckless driving or DUI convictions pay on average $1,380 more each year than a low-risk driver