Chevrolet Silverado 3500HD Insurance Rates

U.S. average insurance rates for a Chevrolet Silverado 3500HD are $1,200 a year for full coverage. Comprehensive costs an estimated $212 each year, collision costs $274, and liability costs around $534. Liability-only coverage costs as low as $588 a year, with high-risk coverage costing around $2,580. Teenage drivers pay the highest rates at $4,768 a year or more.

Average premium for full coverage: $1,200

Price estimates broken down by individual coverage:

These estimates include $500 physical damage deductibles, 30/60 liability coverage, and includes both medical and uninsured motorist insurance. Estimates are averaged for all states and Silverado 3500HD models.

Price Range from Low to High

Geographic Price Range

Where you live can have significant affects on insurance rates. More rural locations have a lower frequency of accident claims than densely populated cities.

The graphic below illustrates the difference location can make on insurance prices.

The ranges above show why all drivers should compare prices for a targeted area and risk profile, instead of using average rates.

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

Additional Rate Details

The chart below shows estimated Chevrolet Silverado 3500HD insurance rates for other coverage scenarios.

• The best discount rate is $726
• Using higher $1,000 deductibles will save approximately $110 a year
• The average rate for the average middle-age driver who has $500 deductibles is $1,200
• Using low deductibles for physical damage coverage will increase the cost to $1,412
• Drivers who are prone to accidents and violations could pay up to $2,580 or more
• The price for full coverage for a teen driver can cost as much as $4,768 or more

View Chart as Image

Auto insurance prices for a Chevrolet Silverado 3500HD are also quite variable based on your driving record, the trim level of your Silverado 3500HD, and liability limits and deductibles.

More mature drivers with a good driving record and high deductibles may pay as little as $1,100 a year for full coverage. Prices are much higher for teenage drivers, where even good drivers will have to pay at least $4,700 a year. View Rates by Age

The state you live in has a huge impact on Chevrolet Silverado 3500HD insurance prices. A driver around age 40 might see prices as low as $790 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,720 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles could cut prices by as much as $330 every year, whereas increasing liability limits will increase premiums. Going from a 50/100 limit to a 250/500 limit will increase prices by as much as $426 extra every year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you could be paying $1,400 to $2,000 in extra premium each year, depending on your age. Insurance for high-risk drivers can be as much as 42% to 130% more than a normal policy. View High Risk Driver Rates

Since prices can be so different, the only way to know which car insurance is cheapest is to do a rate comparison and see which company has the best price. Each insurance company uses a different method to calculate prices, and quoted prices may be quite different from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2011 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 Cheap Chevrolet Silverado 3500HD Insurance

Getting lower rates on car insurance requires being a safe and courteous driver, having good credit, eliminating unnecessary coverage, and qualifying for all possible discounts. Make time to compare rates every year by obtaining price quotes from direct carriers like Progressive and GEICO, and also from local independent and exclusive agents.

Below is a brief summary of the coverage data touched on in this article.

• Drivers can save approximately $140 per year simply by quoting online in advance
• Increasing physical damage deductibles can save around $325 each year
• Teenage drivers are the costliest to insure, with premiums as much as $397 a month if they have full coverage
• Higher risk drivers that tend to have accidents or serious violations pay an average of $1,380 more annually for auto insurance