Chevrolet Silverado 3500HD Insurance Rates

Average insurance rates for a Chevrolet Silverado 3500HD are $1,200 a year for full coverage. Comprehensive costs approximately $212 each year, collision costs $274, and liability is $534. A policy with just liability insurance costs around $588 a year, with coverage for high-risk drivers 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:

Rate estimates include $500 deductibles, 30/60 liability coverage, and includes medical/PIP and uninsured motorist coverage. Rates are averaged for all states and Silverado 3500HD models.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city can have significant affects on car insurance rates. Rural locations tend to have a lower frequency of accident claims than densely populated cities.

The graphic below illustrates how location impacts auto insurance prices.

These examples show why all drivers should compare rates quotes using their specific location and risk profile, instead of using average rates.

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

Additional Charts and Tables

The chart below shows estimated 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 a year
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,200
• Using low deductibles will increase the cost to $1,412
• At-risk drivers who are prone to accidents and violations could pay around $2,580 or more
• The cost for full coverage for a teen driver can cost $4,768

View Chart as Image

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

More mature drivers with no violations or accidents and high deductibles may pay as little as $1,100 every 12 months on average for full coverage. Rates are much higher for teen drivers, where even good drivers should be prepared to pay in the ballpark of $4,700 a year. View Rates by Age

Where you live 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 Iowa, Maine, and Idaho, or be forced to pay as much as $1,720 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $330 every year, whereas increasing liability limits will push rates upward. Going from a 50/100 limit to a 250/500 limit will cost as much as $426 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying anywhere from $1,400 to $2,000 additional per year, depending on your age. Insurance for high-risk drivers is expensive and can cost as much as 42% to 130% more than a normal policy. View High Risk Driver Rates

With so much variability in rates, the only way to know who has the cheapest car insurance rates is to do a rate comparison and see which company has the best rate. Every auto insurance company uses a different method to calculate rates, and rates can be significantly different from one company to the next.

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 Chevrolet Silverado 3500HD Insurance

Saving money on car insurance consists of not taking risks behind the wheel, having a good credit history, eliminating unneeded coverage, and qualifying for all possible discounts. Spend time shopping around every year by obtaining price quotes from direct carriers like GEICO and Progressive, and also from local exclusive and independent agents.

The following is a brief recap of the coverage data touched on above.

• Drivers can save around $140 per year simply by quoting online in advance
• Increasing deductibles can save around $325 each year
• Teens are the costliest to insure, costing as high as $397 per month including comprehensive and collision insurance
• Higher risk drivers who tend to receive serious violations may pay on average $1,380 more per year for Silverado 3500HD insurance