Chevrolet Silverado 3500HD Insurance Rates

The average insurance rates for a Chevrolet Silverado 3500HD are $1,200 a year for full coverage insurance. Comprehensive insurance costs approximately $212, collision insurance costs $274, and liability is $534. A liability-only policy costs around $588 a year, and high-risk insurance costs $2,580 or more. Teenage drivers cost the most to insure at up to $4,768 a year.

Average premium for full coverage: $1,200

Policy rates by type of insurance:

Rates are based on $500 deductibles, 30/60 split liability limits, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 states and for different Silverado 3500HD trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can make a big difference on the price of auto insurance. Rural locations are shown to have lower incidents of physical damage claims than densely populated cities. The price range example below illustrates how your location can change auto insurance prices.

The examples above illustrate why anyone shopping for car insurance should compare rates quotes using their specific location, instead of making a decision based on average rates.

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

Additional Rate Details

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

• The best discount rate is $726
• Raising to $1,000 deductibles will save $110 each year
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,200
• Using more expensive low deductibles will cost an additional $212 annually
• Drivers who are prone to accidents and violations could pay around $2,580
• Policy cost that insures a 16-year-old driver with full coverage can cost $4,768

View Chart as Image

Car insurance rates for a Chevrolet Silverado 3500HD also range considerably based on the model year and trim level, your age and driving record, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you are probably paying anywhere from $1,400 to $2,000 extra every year, depending on your age. High-risk driver insurance is expensive and can cost from 42% to 130% more than a normal policy. View High Risk Driver Rates

An older driver with no driving violations and higher comprehensive and collision deductibles may pay as low as $1,100 every 12 months on average, or $92 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will be charged in the ballpark of $4,700 a year. View Rates by Age

Your home state also has a big influence on Chevrolet Silverado 3500HD insurance prices. A middle-age driver might find rates as low as $790 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,620 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $330 annually, while increasing your policy's liability limits will push rates upward. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $426 extra every 12 months. View Rates by Deductible or Liability Limit

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 the Best Cheap Chevrolet Silverado 3500HD Insurance

Finding cheaper rates on insurance for a Chevrolet Silverado 3500HD consists of not taking risks behind the wheel, having a positive credit history, being claim-free, and attention to physical damage deductibles. Compare prices at least every other year by getting rate quotes from direct insurance companies, and also from your local car insurance providers.

The following is a quick review of the car insurance concepts illustrated above.

• Drivers considered higher risk with a DUI or reckless driving violation could be charged and average of $1,380 more per year for Silverado 3500HD insurance
• It is possible to save around $140 per year just by shopping early and online
• Increasing comprehensive and collision deductibles can save approximately $325 each year
• Insureds who purchase higher liability limits will pay an extra $590 annually to raise from a 30/60 limit to the 250/500 level