Chevrolet Silverado 2500HD Insurance Rates

The average insurance prices for a Chevrolet Silverado 2500HD are $1,194 every 12 months including full coverage. Comprehensive costs approximately $192, collision insurance costs $288, and liability costs $534. Liability-only insurance costs as little as $588 a year, and high-risk driver insurance costs around $2,576. Teenage drivers cost the most to insure at up to $4,786 a year.

Average premium for full coverage: $1,194

Policy rates by type of insurance:

Includes $500 deductible amounts, 30/60 split liability limits, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all 50 U.S. states and for different Silverado 2500HD trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can have significant affects on car insurance prices. Rural locations are shown to have more infrequent comprehensive and collision claims than densely populated cities. The price range example below illustrates how geographic area affects auto insurance prices.

The examples above highlight why anyone shopping for car insurance should compare rates using their specific location and their own driving history, instead of using average rates.

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

Additional Charts and Tables

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

• The best discount rate is $717
• Drivers who choose higher $1,000 deductibles will pay $110 every year
• The average price for a good driver age 40 who chooses $500 deductibles is $1,194
• Using more expensive low deductibles for comprehensive and collision insurance increases the price to $1,402
• Higher-risk drivers who are prone to accidents and violations could pay around $2,576
• Policy cost to insure a teen driver with full coverage can cost $4,786 a year

View Chart as Image

Auto insurance rates for a Chevrolet Silverado 2500HD also range considerably based on liability limits and deductibles, your driving characteristics, and the model of your Silverado 2500HD.

Using high physical damage deductibles could save up to $320 every year, while increasing your policy's liability limits will push rates upward. Changing from a 50/100 liability limit to a 250/500 limit will raise rates by up to $426 extra every year. View Rates by Deductible or Liability Limit

An older driver with a good driving record and higher deductibles may pay as little as $1,100 per year on average, or $92 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will have 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 were responsible for an accident, you are likely paying anywhere from $1,400 to $2,000 in extra premium every year, depending on your age. High-risk driver insurance can cost as much as 42% to 130% more than a normal policy. View High Risk Driver Rates

Your home state makes a big difference in Chevrolet Silverado 2500HD insurance prices. A 40-year-old driver 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

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 Shop for the Cheapest Chevrolet Silverado 2500HD Insurance

Finding cheaper rates on car insurance not only requires having a good driving record, but also having a good credit score, paying for small claims out-of-pocket, and possibly higher deductibles. Invest the time to compare rates at least every other year by getting rate quotes from direct car insurance companies, and also from your local car insurance providers.

The next list is a recap of the car insurance concepts presented in the illustrations above.

• Higher risk drivers that have major violations or accidents could be charged and average of $1,380 more per year to buy Chevrolet Silverado 2500HD insurance
• You may be able to save around $140 per year just by shopping early and online
• Increasing comprehensive and collision deductibles could save as much as $325 each year
• Policyholders who purchase increased levels of liability coverage will pay an extra $590 per year to go from a 30/60 limit to a 250/500 level