Chevrolet Silverado 3500HD Insurance Rates

U.S. average insurance rates for a Chevrolet Silverado 3500HD are $1,164 a year with full coverage. Comprehensive insurance costs an estimated $200 a year, collision insurance costs $250, and liability coverage costs $534. Liability-only insurance costs as little as $588 a year, and high-risk driver insurance costs $2,496 or more. Teens pay the highest rates at up to $4,650 a year.

Average premium for full coverage: $1,164

Price estimates broken down by individual coverage:

These estimates include $500 deductible amounts, liability limits of 30/60, 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

Your location has a large influence on car insurance rates. More rural locations have a lower frequency of collision claims than cities with more traffic congestion. The diagram below illustrates how location impacts insurance prices.

The ranges above demonstrate why it is important to compare rates for a targeted area and risk profile, rather than using averaged prices.

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

Additional Rate Analysis

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

• The cheapest rate after discounts is $706
• Drivers who choose higher $1,000 deductibles will pay approximately $1,060 annually
• The average rate for the average middle-age driver who has $500 deductibles is $1,164
• Selecting low $100 deductibles for comprehensive and collision insurance will cost an extra $192 each year
• High-risk insureds with serious driving violations could pay up to $2,496
• The price for full coverage for a teenage driver can cost as much as $4,650 a year

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

Older drivers with no driving violations and high deductibles may only pay around $1,100 per year on average for full coverage. Prices are much higher for teenage drivers, where even good drivers will be charged at least $4,600 a year. View Rates by Age

The state you live in 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 have to pay at least $1,570 on average in New York, Michigan, and Florida.

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Choosing higher comprehensive and collision insurance deductibles could save up to $300 a year, while buying higher liability limits will increase premiums. Moving from a 50/100 limit to a 250/500 limit will increase prices by as much as $426 extra every 12 months. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you may be forking out $1,400 to $2,000 extra each year, depending on your age. A high-risk auto insurance policy can cost around 43% to 134% more than the average policy. View High Risk Driver Rates

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 Cheap Chevrolet Silverado 3500HD Insurance

Getting lower rates on auto insurance not only requires having a good driving record, but also having above-average credit, avoid buying unnecessary coverage, and possibly higher deductibles. Spend time shopping around once a year by obtaining price quotes from direct companies like Progressive and GEICO, and also from local exclusive and independent agents.

The next list is a brief summary of the data that was touched on above.

• You may be able to save approximately $130 per year just by quoting early and online
• Consumers who want increased levels of liability coverage will pay approximately $590 every year to go from a low limit to 250/500 limits
• Drivers age 20 and younger have the highest car insurance prices, costing up to $388 a month if full coverage is included
• Drivers that tend to have accidents or serious violations may pay on average $1,330 more annually to buy Chevrolet Silverado 3500HD insurance