Chevrolet Silverado 3500HD Insurance Rates

The average insurance prices for a Chevrolet Silverado 3500HD are $1,200 every 12 months for full coverage insurance. Comprehensive costs an estimated $212 a year, collision insurance costs $274, and liability costs $534. A liability-only policy costs as little as $588 a year, and high-risk insurance costs around $2,580. 16-year-old drivers cost the most to insure at up to $4,768 a year.

Average premium for full coverage: $1,200

Policy rates broken down by type of insurance:

These estimates include $500 policy deductibles, minimum liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all 50 states and Silverado 3500HD trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can have significant affects on the price of insurance. More rural locations are shown to have more infrequent physical damage claims than congested cities. The diagram below illustrates how your location can change insurance prices.

The examples above illustrate why it is important to compare rates for a targeted area and their own driving history, instead of using rate averages.

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

Additional Rate Analysis

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

• The best full coverage rate is $726
• Drivers who choose higher $1,000 deductibles will pay approximately $1,090 each year
• The average price for a good driver age 40 who has $500 deductibles is $1,200
• Buying low $100 deductibles for comprehensive and collision insurance increases the price to $1,412
• Higher-risk drivers with multiple tickets or accidents could pay up to $2,580
• Policy cost to insure a teen driver can cost as much as $4,768 a year

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Car insurance rates for a Chevrolet Silverado 3500HD also range considerably based on liability limits and deductibles, your risk profile, and the model year and trim level.

Opting for high physical damage deductibles could save up to $330 every year, while buying higher liability limits will increase premiums. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $426 extra every 12 months. View Rates by Deductible or Liability Limit

Older drivers with no driving violations and higher deductibles may pay as little as $1,100 per year on average, or $92 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers will be charged at least $4,700 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are probably paying $1,400 to $2,000 extra every year, depending on your age. A high-risk auto insurance policy can cost as much as 42% to 130% more than the average rate. View High Risk Driver Rates

Your home state makes a big difference in Chevrolet Silverado 3500HD insurance prices. A 40-year-old driver could pay as low as $790 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,620 on average in Florida, New York, and Michigan.

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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

Finding cheaper rates on car insurance not only requires avoiding accidents and claims, but also maintaining a good credit score, being claim-free, and possibly higher deductibles. Invest the time to shop around every couple of years by obtaining price quotes from direct insurance companies, and also from insurance agencies where you live.

The points below are a brief summary of the material that was illustrated above.

• Policyholders who want increased liability limits will pay around $590 annually to go from a 30/60 limit to a 250/500 level
• Drivers under the age of 20 have the highest car insurance rates, possibly costing $397 each month if the policy includes full coverage
• Higher risk drivers that tend to have accidents or serious violations could be forced to pay on average $1,380 more annually to insure a Chevrolet Silverado 3500HD
• Increasing comprehensive and collision deductibles could save as much as $325 each year