Chevrolet Silverado 3500HD Insurance Rates

The average auto insurance rates for a Chevrolet Silverado 3500HD are $1,164 annually with full coverage. Comprehensive insurance costs an estimated $200, collision costs $250, and liability insurance costs $534. Liability-only coverage costs as little as $588 a year, with high-risk coverage costing $2,496 or more. Teenage drivers cost the most to insure at $4,650 a year or more.

Average premium for full coverage: $1,164

Policy rates broken down by type of insurance:

Estimates include $500 deductible amounts, bodily injury liability limits of 30/60, and includes uninsured motorist and medical coverage. Prices are averaged for all U.S. states and for different Silverado 3500HD trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location has a significant impact on car insurance rates. More rural locations are shown to have fewer collision claims than densely populated cities.

The price range example below illustrates the effect of geographic area on insurance prices.

The examples above demonstrate why anyone shopping for car insurance should compare rates for a targeted area and their own personal driving habits, rather than relying on average rates.

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

Additional Rate Information

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

• The best discount rate is $706
• Drivers who choose higher $1,000 deductibles will pay approximately $104 annually
• The estimated rate for a good driver age 40 who has $500 deductibles is $1,164
• Using more expensive low deductibles for comprehensive and collision insurance costs an additional $192 a year
• High risk drivers who are prone to accidents and violations could pay up to $2,496 or more
• Policy cost with full coverage for a teen driver with full coverage can cost as much as $4,650 a year

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

An older driver with no violations or accidents and high physical damage deductibles could pay as little as $1,100 per year on average, or $92 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they should be prepared to pay at least $4,600 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you may be forking out $1,400 to $2,000 additional every year, depending on your age. High-risk driver insurance can cost anywhere from 43% to 134% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could save up to $300 each year, while increasing your policy's liability limits will increase premiums. Moving from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $426 more each year. View Rates by Deductible or Liability Limit

Your home state makes a big difference in Chevrolet Silverado 3500HD insurance rates. A 40-year-old driver could pay as low as $840 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,570 on average in New York, Michigan, and Florida.

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Because rates have so much variability, the best way to find out which auto insurance is cheapest is to compare rates from as many companies as possible. Every company uses a different method to calculate rates, and rates will be varied between companies.

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 Buy Low Cost Chevrolet Silverado 3500HD Insurance

Finding cheaper rates on Chevrolet Silverado 3500HD insurance not only requires having a good driving record, but also having good credit, not filing small claims, and maximizing policy discounts. Take the time to compare rates every other policy renewal by obtaining price quotes from direct companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The next list is a review of the ideas that were covered in the above illustrations.

• Drivers age 20 and younger are expensive to insure, as much as $388 each month if they have full coverage
• High-risk drivers who have several accidents or serious violations pay on average $1,330 more annually to buy Chevrolet Silverado 3500HD insurance
• Increasing comprehensive and collision deductibles could save up to $300 each year
• You may be able to save approximately $130 per year simply by shopping early and online