Chevrolet Silverado 3500HD Insurance Rates

Average auto insurance rates for a Chevrolet Silverado 3500HD are $1,200 annually with full coverage. Comprehensive costs approximately $212 a year, collision costs $274, and liability insurance costs $534. A liability-only policy costs as little as $588 a year, with high-risk insurance costing around $2,580. Teenage drivers receive the highest rates at $4,768 a year or more.

Average premium for full coverage: $1,200

Rate estimates by individual coverage type:

Estimates include $500 physical damage insurance deductibles, bodily injury liability limits of 30/60, and includes both medical and UM/UIM coverage. Rates are averaged for all U.S. states and Silverado 3500HD trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location has a significant impact on the price of insurance. Rural locations tend to have fewer collision claims than densely populated cities.

The diagram below illustrates how location helps determine auto insurance prices.

These examples demonstrate why it is important to compare rates using their specific location and their own personal driving habits, rather than relying on average rates.

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

Rate Comparisons

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

• The best discount rate is $726
• Drivers who choose higher $1,000 deductibles will pay $1,090 annually
• The estimated rate for a 40-year-old driver who chooses $500 deductibles is $1,200
• Using low $100 deductibles for comprehensive and collision insurance will cost $1,412
• High risk drivers who are prone to accidents and violations could pay around $2,580 or more
• The cost with full coverage for a teen driver can cost $4,768 a year

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Insurance rates for a Chevrolet Silverado 3500HD can also vary considerably based on the trim level of your Silverado 3500HD, your driving record, and physical damage deductibles and liability limits.

Older drivers with a clean driving record and high physical damage deductibles could pay as little as $1,100 per year on average for full coverage. Rates are much higher for teen drivers, where even without any violations or accidents they can expect to pay in the ballpark of $4,700 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you may be forking out anywhere from $1,400 to $2,000 extra per year, depending on your age. A high-risk auto insurance policy can cost anywhere from 42% to 130% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could save up to $330 each year, while buying higher liability limits will push rates upward. Moving from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $426 more per year. View Rates by Deductible or Liability Limit

Where you live makes a big difference in Chevrolet Silverado 3500HD insurance rates. A 40-year-old driver could pay as low as $870 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,620 on average in New York, Michigan, and Florida.

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With so much variability in rates, the best way to find out who has the cheapest auto insurance rates is to get quotes from as many companies as possible. Every company uses a different method to calculate rates, so the rates can be significantly different between companies.

Insurance Rates by Trim Level and Model Year

Rates assume 2010 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 Buy Low Cost Chevrolet Silverado 3500HD Insurance

Saving money on Chevrolet Silverado 3500HD insurance not only requires being a low-risk driver, but also having a good credit history, eliminating unnecessary coverage, and maximizing policy discounts. Invest time comparing rates every other policy renewal by requesting rates from direct companies like Progressive and GEICO, and also from your local independent and exclusive agents.

The items below are a review of the ideas that were covered in the charts and tables above.

• Teen drivers are expensive to insure, with premiums as much as $397 per month including comprehensive and collision insurance
• High-risk drivers who have several accidents or serious violations may pay on average $1,380 more per year to insure their Silverado 3500HD
• Increasing deductibles could save up to $325 each year
• You may be able to save around $140 per year simply by quoting early and online