Chevrolet Silverado 3500HD Insurance Rates

U.S. average insurance prices for a Chevrolet Silverado 3500HD are $1,200 every 12 months with full coverage. Comprehensive insurance costs around $212 a year, collision costs $274, and liability insurance costs around $534. Liability-only coverage costs as low as $588 a year, with high-risk coverage costing $2,580 or more. Teenage drivers pay the highest rates at $4,768 a year or more.

Average premium for full coverage: $1,200

Price estimates for individual coverage:

These estimates include $500 policy deductibles, 30/60 liability coverage, and includes additional medical/uninsured motorist coverage. Estimates are averaged for all U.S. states and Silverado 3500HD trim levels.

Price Range from Low to High

Geographic Price Range

Where you live has a significant impact on insurance rates. Areas with sparse population have more infrequent collision claims than densely populated cities.

The diagram below illustrates how rural and urban location affects auto insurance rates.

The ranges above demonstrate why it is important to compare prices for a specific zip code and their own driving history, rather than relying on average rates.

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

Additional Rate Analysis

The chart below details estimated Chevrolet Silverado 3500HD insurance rates for additional coverage choices and driver risks.

• The best discount rate is $726
• Using higher $1,000 deductibles will save about $1,090 annually
• The average price for the average middle-age driver using $500 deductibles is $1,200
• Using low $100 deductibles for physical damage coverage costs an extra $212 a year
• Drivers who are prone to accidents and violations could pay at least $2,580 or more
• The price to insure a teen driver can be $4,768 or more

View Chart as Image

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

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

Older drivers with a good driving record and higher deductibles could pay as little as $1,100 a year for full coverage. Prices are much higher for teenage drivers, since even excellent drivers will have to pay as much as $4,700 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you may be forking out at least $1,400 to $2,000 in extra premium each year, depending on your age. A high-risk auto insurance policy can be anywhere from 42% to 130% more than a normal policy. View High Risk Driver Rates

The state you live in has a huge impact on Chevrolet Silverado 3500HD insurance rates. A driver around age 40 might see prices as low as $870 a year in states like New Hampshire, Ohio, and Utah, or be forced to pay as much as $1,620 on average in Florida, Michigan, and New York.

View Chart as Image

Since prices can be so different, the best way to find out your exact price is to get quotes from as many companies as possible. Each insurance company uses a different method to calculate prices, and quoted prices may be quite different.

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 Cheap Chevrolet Silverado 3500HD Insurance

Getting lower rates on Chevrolet Silverado 3500HD insurance requires avoiding accidents and claims, having a good credit score, avoid buying unnecessary coverage, and maximizing policy discounts. Set aside time to shop around every year by requesting rates from direct companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The points below are a brief summary of the coverage data raised in the charts and tables above.

• You may be able to save up to $140 per year simply by quoting early and online
• Increasing physical damage deductibles could save as much as $325 each year
• Drivers under the age of 20 are expensive to insure, costing up to $397 a month if comprehensive and collision insurance is included
• High-risk drivers that tend to have accidents or serious violations pay on average $1,380 more every year to insure a Chevrolet Silverado 3500HD