Chevrolet Silverado 2500HD Insurance Rates

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

Average premium for full coverage: $1,194

Premium estimates broken down by type of coverage:

Price estimates include $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes medical and uninsured motorist coverage. Rates include averaging for all U.S. states and for all Silverado 2500HD models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city can have significant affects on car insurance rates. More rural locations are statistically proven to have a lower frequency of collision claims than densely populated cities. The example below illustrates how rural and urban location affects insurance prices.

These rate differences demonstrate why everyone should compare rates quotes for a targeted area and risk profile, instead of using average rates.

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

Detailed Rate Analysis

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

• The best discount rate is $717
• Raising to $1,000 deductibles will save approximately $110 annually
• The average rate for a 40-year-old good driver who has $500 deductibles is $1,194
• Using pricier low deductibles will cost an extra $208 every year
• At-risk drivers who are prone to accidents and violations could pay up to $2,576
• An auto insurance policy for full coverage for a teen driver for full coverage can cost as much as $4,786

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

A more mature driver with no violations or accidents and high deductibles may pay as little as $1,100 every 12 months on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers should be prepared to pay at least $4,700 a year. View Rates by Age

Where you choose to live also has a big influence on Chevrolet Silverado 2500HD insurance prices. A middle-age driver might find prices 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.

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Using high physical damage deductibles can reduce prices by up to $320 every year, whereas buying more liability protection will increase premiums. Moving from a 50/100 limit to a 250/500 limit will cost up to $426 more each year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you may be forking out $1,400 to $2,000 additional annually, depending on your age. Chevrolet Silverado 2500HD insurance for high-risk drivers is expensive and can cost as much as 42% to 130% more than a normal policy. View High Risk Driver Rates

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 Cheaper Chevrolet Silverado 2500HD Insurance

Finding better rates on car insurance consists of having a decent driving record, having a good credit history, being claim-free, and possibly raising deductibles. Set aside time to shop around at least every other year by requesting quotes from direct companies like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

The following items are a condensed summary of the car insurance concepts raised in the charts and tables above.

• Higher risk drivers with multiple at-fault accidents may pay on average $1,380 more annually than a driver with a clean driving record
• You may be able to save approximately $140 per year just by quoting online well ahead of the renewal date
• Increasing policy deductibles can save around $325 each year
• Policyholders who want additional liability coverage will pay an extra $590 every year to raise from 30/60 bodily injury limits to 250/500 limits