Chevrolet Silverado 2500HD Insurance Rates

The average insurance rates for a Chevrolet Silverado 2500HD are $1,240 a year including full coverage. Comprehensive costs approximately $206 each year, collision costs $314, and liability coverage costs around $540. Buying just liability costs as low as $592 a year, with insurance for high-risk drivers costing around $2,678. Teenage drivers cost the most to insure at $4,936 a year or more.

Average premium for full coverage: $1,240

Policy rates by type of insurance:

Full coverage includes $500 physical damage deductibles, liability limits of 30/60, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 U.S. states and Silverado 2500HD models.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a large influence on car insurance prices. Rural locations are shown to have a lower frequency of comprehensive and collision claims than densely populated cities.

The graphic below illustrates how where you live affects auto insurance prices.

The examples above highlight why all drivers should compare prices using their specific location and risk profile, rather than using average rates.

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

Rate Comparisons

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

• The best discount rate is $741
• Using higher $1,000 deductibles will save $118 every year
• The average rate for a good driver age 40 who chooses $500 deductibles is $1,240
• Using low deductibles for physical damage coverage will increase the cost to $1,468
• Higher-risk drivers who are prone to accidents and violations could pay around $2,678 or more
• Policy cost for full coverage for a teenage driver can cost $4,936 or more

View Chart as Image

Insurance rates for a Chevrolet Silverado 2500HD also range considerably based on your risk profile, the model of your Silverado 2500HD, and physical damage deductibles and liability limits.

More mature drivers with a clean driving record and high deductibles may only pay around $1,200 a year, or $100 per month, for full coverage. Rates are much higher for teenagers, where even good drivers can expect to pay in the ballpark of $4,900 a year. View Rates by Age

Your home state has a huge impact on Chevrolet Silverado 2500HD insurance rates. A driver around age 40 might see rates as low as $950 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,770 on average in Louisiana, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles could cut rates by as much as $350 a year, whereas increasing liability limits will push rates upward. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $430 more per year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying anywhere from $1,500 to $2,100 extra every year, depending on your age. Insurance for high-risk drivers can be around 43% to 135% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out who has the best auto insurance rates is to do a rate comparison and see how they stack up. Each insurance company uses a different method to calculate rates, so the rates 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 More Affordable Chevrolet Silverado 2500HD Insurance

Finding cheaper rates on auto insurance requires being a safe and courteous driver, maintaining good credit, paying for small claims out-of-pocket, and maximizing policy discounts. Take the time to comparison shop once a year by getting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from insurance agencies where you live.

Below is a summary of the data that was touched on in the above illustrations.

• You may be able to save around $140 per year simply by quoting online in advance
• Consumers who purchase higher levels of liability will pay an extra $590 per year to increase from a 30/60 limit to 250/500 limits
• Teenage drivers are expensive to insure, with premiums being up to $411 each month for full coverage
• Drivers who have multiple accidents or major violations could be forced to pay on average $1,440 more per year for auto insurance