Chevrolet Silverado 2500HD Insurance Rates

U.S. average insurance rates for a Chevrolet Silverado 2500HD are $1,194 a year for full coverage. Comprehensive insurance costs an estimated $192 a year, collision costs $288, and liability costs $534. Liability-only coverage costs as little as $588 a year, with high-risk coverage costing $2,576 or more. Teenage drivers pay the highest rates at $4,786 a year or more.

Average premium for full coverage: $1,194

Price estimates broken down by individual coverage:

These estimates include $500 deductibles, 30/60 liability limits, and includes medical and uninsured motorist coverage. Estimates are averaged for all states and Silverado 2500HD trim levels.

Price Range from Low to High

Geographic Price Range

Your location can have significant affects on insurance rates. More rural locations have lower incidents of accident claims than densely populated cities.

The diagram below illustrates how where you live affects insurance prices.

The ranges above show why it is important to compare rates for a targeted area, instead of using average rates.

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

Detailed Rate Analysis

The chart below shows estimated Chevrolet Silverado 2500HD insurance rates for other coverage scenarios.

• The best discount rate is $717
• Drivers who choose higher $1,000 deductibles will pay approximately $1,084 a year
• The estimated price for the average middle-age driver who has $500 deductibles is $1,194
• Using low $100 deductibles for comprehensive and collision insurance will cost an additional $208 every year
• Higher-risk drivers who are prone to accidents and violations could pay up to $2,576 or more
• The price that insures a teen driver can cost as much as $4,786 a year

View Chart as Image

Auto insurance prices for a Chevrolet Silverado 2500HD are also quite variable based on the trim level of your Silverado 2500HD, how you drive, and liability limits and deductibles.

If you have some driving violations or you caused an accident, you could be paying $1,400 to $2,000 in extra premium each year, depending on your age. A high-risk auto insurance policy can cost as much as 42% to 130% more than a normal policy. View High Risk Driver Rates

Older drivers with a good driving record and higher comprehensive and collision deductibles may pay as little as $1,100 per year on average for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records will have to pay at least $4,700 a year. View Rates by Age

The state you live in makes a big difference in Chevrolet Silverado 2500HD insurance prices. A 40-year-old driver could pay as low as $790 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,700 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles could save up to $320 every year, while buying higher liability limits will increase premiums. Going from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $426 extra every year. View Rates by Deductible or Liability Limit

Since prices can be so different, the only way to know which car insurance is cheapest is to get quotes and see which company has the best price. Every company uses a different method to calculate prices, and quoted prices may be quite 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 Cheap Chevrolet Silverado 2500HD Insurance

Getting lower rates on car insurance not only requires not taking risks behind the wheel, but also maintaining a good credit score, eliminating unnecessary coverage, and qualifying for all possible discounts. Compare prices at every policy renewal by getting quotes from direct carriers, and also from your local independent and exclusive agents.

The following is a brief summary of the data touched on in the above illustrations.

• Policyholders who want higher liability limits will pay an extra $590 each year to go from a low limit to the 250/500 level
• Drivers can save approximately $140 per year simply by quoting early and online
• Increasing physical damage deductibles can save approximately $325 each year
• Teens are the costliest to insure, with premiums as much as $399 a month if the policy includes full coverage