Chevrolet Silverado 2500HD Insurance Rates

The average insurance rates for a Chevrolet Silverado 2500HD are $1,270 a year with full coverage. Comprehensive insurance costs approximately $210 each year, collision costs $346, and liability insurance costs around $534. Buying just liability costs as low as $588 a year, with insurance for high-risk drivers costing $2,752 or more. Teens cost the most to insure at $5,044 a year or more.

Average premium for full coverage: $1,270

Policy rates by type of insurance:

Price estimates include $500 policy deductibles, 30/60 liability limits, and includes uninsured/under-insured motorist coverage. Prices are averaged for all U.S. states and Silverado 2500HD models.

Price Range Variability

Urban vs. Rural Price Range

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

The graphic below illustrates how location impacts auto insurance prices.

The examples above demonstrate why all drivers should compare prices using their specific location, rather than relying on averaged prices.

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

More Rate Information

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

• The cheapest rate after discounts is $754
• Using higher $1,000 deductibles will save $126 annually
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,270
• Selecting low deductibles for physical damage coverage will cost an additional $244 a year
• Drivers with serious driving violations could pay around $2,752 or more
• Policy cost that insures a teen driver can cost $5,044 or more

View Chart as Image

Insurance rates for a Chevrolet Silverado 2500HD also range considerably based on the trim level and model year, your age and driving habits, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you may be forking out anywhere from $1,500 to $2,100 extra every year, depending on your age. Insurance for high-risk drivers can be anywhere from 42% to 131% more than the average policy. View High Risk Driver Rates

More mature drivers with a clean driving record and higher comprehensive and collision deductibles could pay as little as $1,200 a year, or $100 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records can expect to pay in the ballpark of $5,000 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 $920 a year in states like Utah, Ohio, and New Hampshire, or have to pay at least $1,720 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 $370 each year, whereas increasing liability limits will push rates upward. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $426 more per year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to find out who has the cheapest auto insurance rates is to do a rate comparison from as many companies as possible. Each insurance company calculates rates differently, so the rates will be varied.

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 cheaper rates on Chevrolet Silverado 2500HD insurance requires avoiding accidents and claims, having above-average credit, not filing small claims, and maximizing policy discounts. Compare rates at every policy renewal by getting quotes from direct companies, and also from local insurance agencies.

The points below are a condensed summary of the data touched on above.

• Drivers who purchase increased liability limits will pay approximately $590 every year to increase from a 30/60 limit to the 250/500 level
• You may be able to save around $150 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles can save approximately $375 each year
• Drivers under the age of 20 are expensive to insure, as much as $420 each month if full coverage is included