Chevrolet Silverado 2500HD Insurance Rates

The average insurance rates for a Chevrolet Silverado 2500HD are $1,194 a year with full coverage. Comprehensive insurance costs approximately $192 a year, collision costs $288, and liability costs around $534. A liability-only policy costs as low as $588 a year, with high-risk insurance costing $2,576 or more. Teens 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:

Rate estimates include $500 policy deductibles, liability limits of 30/60, and includes UM/UIM and medical coverage. Prices are averaged for all U.S. states and Silverado 2500HD trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live can have significant affects on the price of insurance. Rural locations are shown to have a lower frequency of collision claims than cities with more traffic congestion.

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

The examples above demonstrate why it is important to compare prices using their specific location and risk profile, instead of using averaged prices.

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

Rates by State, City, and Model

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

• The cheapest rate after discounts is $717
• Using higher $1,000 deductibles will save $1,084 annually
• The average rate for a good driver age 40 who chooses $500 deductibles is $1,194
• Selecting low $100 deductibles for physical damage coverage will cost an extra $208 every year
• Drivers with serious driving violations could pay around $2,576 or more
• Policy cost for full coverage for a teen driver can cost $4,786 or more

View Chart as Image

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

Older drivers with no driving violations and high deductibles may pay as little as $1,100 a year, 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 has a huge impact on Chevrolet Silverado 2500HD insurance prices. A driver around age 40 might see rates as low as $860 a year in states like Utah, Ohio, and New Hampshire, or have to pay at least $1,610 on average in New York, Michigan, and Florida.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $320 every year, while buying higher liability limits will push rates upward. Moving 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 may be forking out anywhere from $1,400 to $2,000 extra every year, depending on your age. A high-risk auto insurance policy can be as much as 42% to 130% more than the average policy. View High Risk Driver Rates

Because rates have so much variability, the best way to find out who has the cheapest auto insurance rates is to get quotes and see which company has the best rate. Each insurance company calculates rates differently, 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 the Best Chevrolet Silverado 2500HD Insurance

Finding cheaper rates on car insurance requires being a good driver, having above-average credit, not filing small claims, and avoiding coverage lapses. Set aside time to shop around once a year by requesting quotes from direct companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The following list is a brief recap 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 early and online
• Policyholders who purchase an increased level of liability coverage will pay approximately $590 every year to increase from a 30/60 limit to 250/500 limits
• Drivers age 16 to 20 pay the highest auto insurance rates, as much as $399 each month if full coverage is included
• Higher risk drivers who tend to receive serious violations pay on average $1,380 more per year than a safer driver