Chevrolet Silverado 2500HD Insurance Rates

Average insurance prices for a Chevrolet Silverado 2500HD are $1,194 every 12 months with full coverage. Comprehensive insurance costs an estimated $192 a year, collision costs $288, and liability costs around $534. Buying just liability costs as low as $588 a year, with insurance for high-risk drivers costing $2,576 or more. Teenage drivers receive the highest rates at $4,786 a year or more.

Average premium for full coverage: $1,194

Rate estimates broken down by individual coverage type:

Includes $500 physical damage deductibles, 30/60 bodily injury liability limits, and includes uninsured motorist and medical coverage. Rates are averaged for all U.S. states and Silverado 2500HD trim levels.

Price Range by Coverage and Risk

Price Range by Location

Where you live can have significant affects on car insurance rates. More rural locations tend to have more infrequent collision claims than densely populated cities.

The diagram below illustrates how your location can change insurance prices.

These examples demonstrate why it is important to compare prices for a targeted area and their own driving history, instead of using average rates.

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

Additional Rate Information

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

• The best discount rate is $717
• Using higher $1,000 deductibles will save approximately $1,084 annually
• The average price for a 40-year-old driver who has $500 deductibles is $1,194
• Using low $100 deductibles for physical damage coverage costs an extra $208 every year
• Drivers who are prone to accidents and violations could pay up to $2,576 or more
• The cost to insure a teen driver can cost as much as $4,786 or more

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Auto insurance rates for a Chevrolet Silverado 2500HD can also vary considerably based on policy deductibles and limits, your driving record, and the model year and trim level.

Using high physical damage deductibles could cut rates by as much as $320 every year, while buying higher liability limits will increase premiums. Moving from a 50/100 liability limit to a 250/500 limit will cost as much as $426 extra every year. View Rates by Deductible or Liability Limit

Older drivers with a good driving record and higher deductibles may pay as little as $1,100 a year for full coverage. Rates are much higher for teen drivers, since even excellent drivers will have to pay at least $4,700 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you may be forking out $1,400 to $2,000 in extra premium per year, depending on your age. A high-risk auto insurance policy can be as much as 42% to 130% more than a normal policy. View High Risk Driver Rates

Where you live 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 be forced to pay as much as $1,610 on average in New York, Michigan, and Florida.

View Chart as Image

With so much variability in rates, the best way to find out which company is cheapest is to get quotes and see which company has the best rate. Each insurance company uses a different method to calculate rates, and quoted rates can be significantly 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 Shop for the Cheapest Chevrolet Silverado 2500HD Insurance

Saving money on car insurance requires being a safe and courteous driver, having a good credit score, eliminating unnecessary coverage, and qualifying for all possible discounts. Invest the time to shop around at every other renewal by getting quotes from direct companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

Below is a recap of the concepts that were illustrated above.

• Higher risk drivers that have major violations or accidents may pay on average $1,380 more annually for auto insurance
• Teenage drivers are the costliest to insure, with premiums as much as $399 per month if comprehensive and collision insurance is included
• You may be able to save approximately $140 per year simply by quoting early and online
• Increasing deductibles could save as much as $325 each year
• You may be able to save approximately $140 per year simply by quoting early and online