Chevrolet Silverado 3500HD Insurance Rates

Estimated insurance rates for a Chevrolet Silverado 3500HD are $1,164 a year for full coverage. Comprehensive insurance costs around $200 each year, collision costs $250, and liability coverage is $534. Liability-only insurance costs around $588 a year, with high-risk driver insurance costing $2,496 or more. Teenage drivers pay the most at $4,650 a year or more.

Average premium for full coverage: $1,164

Premium estimates for type of coverage:

Prices are based on $500 comprehensive and collision deductibles, bodily injury liability limits of 30/60, and includes both medical and UM/UIM coverage. Rates include averaging for all states and Silverado 3500HD models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city has a large influence on auto insurance rates. Areas with sparse population are statistically proven to have lower incidents of accident claims than densely populated cities.

The graphic below illustrates the difference between rural and urban areas on auto insurance rates.

These rate differences show why all drivers should compare rates quotes for a specific zip code, rather than using average rates.

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

Rate Comparisons

The chart below shows estimated Chevrolet Silverado 3500HD insurance rates for additional coverage choices and driver risks.

• The best discount rate is $706
• Raising to $1,000 deductibles will save about $104 a year
• The estimated price for a 40-year-old good driver using $500 deductibles is $1,164
• Using low deductibles will cost an additional $192 each year
• Unlucky drivers who are prone to accidents and violations could pay at least $2,496 or more
• An auto insurance policy that insures a teenage driver can be $4,650

View Chart as Image

Insurance prices for a Chevrolet Silverado 3500HD also have a wide range based on the trim level and model year, how you drive, and deductibles and policy limits.

If you have a few violations or you caused an accident, you could be paying at least $1,400 to $2,000 additional annually, depending on your age. Insurance for high-risk drivers is expensive and can cost around 43% to 134% more than a normal policy. View High Risk Driver Rates

More mature drivers with no violations or accidents and higher comprehensive and collision deductibles may only pay around $1,100 every 12 months on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records should be prepared to pay as much as $4,600 a year. View Rates by Age

Where you choose to live also has a big influence on Chevrolet Silverado 3500HD insurance rates. A middle-age driver might find prices as low as $770 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $1,660 on average in Michigan, Louisiana, and New York.

View Chart as Image

Using high physical damage deductibles can reduce prices by up to $300 a year, whereas increasing liability limits will increase prices. Going from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $426 more each year. View Rates by Deductible or Liability Limit

With such a large range in prices, the only way to know your exact price is to do a rate comparison and see how they stack up. Every auto insurance company uses a different method to calculate prices, and prices will be substantially different.

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 Affordable Chevrolet Silverado 3500HD Insurance

Finding better rates on auto insurance consists of avoiding accidents and violations, having a good credit score, not filing small claims, and taking advantage of discounts. Compare prices every other policy renewal by requesting rates from direct carriers, and also from several local insurance agents.

The list below is a brief review of the ideas that were covered above.

• Teenagers are charged the highest prices, as much as $388 per month if comprehensive and collision insurance is included
• Drivers with DUI or reckless driving convictions pay on average $1,330 more every year for car insurance
• Increasing policy deductibles can save approximately $300 each year
• Drivers can save up to $130 per year simply by quoting online in advance