Chevrolet Silverado 3500HD Insurance Rates

The average insurance prices for a Chevrolet Silverado 3500HD are $1,164 every 12 months including full coverage. Comprehensive costs approximately $200, collision insurance costs $250, and liability coverage costs $534. Buying just liability costs as little as $588 a year, and insurance for high-risk drivers costs around $2,496. Teen drivers cost the most to insure at up to $4,650 a year.

Average premium for full coverage: $1,164

Policy rates by type of insurance:

Full coverage includes $500 physical damage insurance deductibles, liability limits of 30/60, and includes medical and uninsured motorist coverage. Prices are averaged for all 50 U.S. states and for all Silverado 3500HD models.

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on car insurance prices. Rural locations are shown to have more infrequent comprehensive and collision claims than larger metro areas. The example below illustrates how your location can change auto insurance prices.

The examples above highlight why everyone should compare rates using their specific location and their own driving history, rather than using price averages.

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

Detailed Rate Analysis

The chart below breaks down average Chevrolet Silverado 3500HD insurance rates for additional coverage and risk scenarios.

• The lowest rate with discounts is $706
• Drivers who choose higher $1,000 deductibles will pay $104 every year
• The average price for a good driver age 40 who chooses $500 deductibles is $1,164
• Choosing pricier low deductibles for comprehensive and collision insurance increases the price to $1,356
• High-risk insureds with multiple violations and an at-fault accident could pay around $2,496
• Policy cost to insure a teenage driver for full coverage can cost $4,650 a year

View Chart as Image

Insurance rates for a Chevrolet Silverado 3500HD also range considerably based on liability limits and deductibles, your driving characteristics, and the model of your Silverado 3500HD.

Choosing high deductibles could save up to $300 a year, whereas buying more liability protection will push rates upward. Changing from a 50/100 liability limit to a 250/500 limit will raise rates by up to $426 more per year. View Rates by Deductible or Liability Limit

A more mature driver with a clean driving record and higher deductibles may only pay around $1,100 per year on average, or $92 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers can expect to pay in the ballpark of $4,600 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are likely paying anywhere from $1,400 to $2,000 extra every year, depending on your age. Chevrolet Silverado 3500HD insurance for high-risk drivers can cost around 43% to 134% more than average. View High Risk Driver Rates

Your home state makes a big difference in Chevrolet Silverado 3500HD insurance rates. A 40-year-old driver could pay as low as $890 a year in states like Vermont, New Hampshire, and Missouri, or as much as $1,660 on average in Louisiana, New York, and Michigan.

View Chart as Image

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 Shop for More Affordable Chevrolet Silverado 3500HD Insurance

Finding cheaper rates on auto insurance not only requires being a low-risk driver, but also having good credit, paying for small claims out-of-pocket, and possibly raising deductibles. Invest the time to shop around once a year by requesting quotes from direct car insurance companies, and also from your local car insurance providers.

The items below are a summary of the data that was illustrated above.

• You may be able to save around $130 per year just by quoting online well ahead of the renewal date
• Consumers who purchase more liability coverage will pay about $590 per year to go from a 30/60 limit to a 250/500 level
• Teen drivers are expensive to insure, with premiums being up to $388 each month if they have full coverage
• Drivers who have multiple accidents or major violations could be charged and average of $1,330 more per year to insure their Silverado 3500HD