Chevrolet Silverado 2500HD Insurance Rates

The average insurance rates for a Chevrolet Silverado 2500HD are $1,240 a year including full coverage. Comprehensive costs approximately $206, collision insurance costs $314, and liability is estimated at $540. Buying just liability costs approximately $592 a year, and insurance for high-risk drivers costs around $2,678. 16-year-old drivers cost the most to insure at up to $4,936 a year.

Average premium for full coverage: $1,240

Policy rates by type of insurance:

Rate estimates include $500 policy deductibles, split liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 U.S. states and for all Silverado 2500HD models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on car insurance prices. Rural locations are shown to have lower incidents of comprehensive and collision claims than congested cities. The example below illustrates how location helps determine auto insurance prices.

The examples above highlight why everyone should get quotes using their specific location, instead of using rate averages.

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

More Rate Information

The chart below breaks down average Chevrolet Silverado 2500HD insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $741
• Choosing higher $1,000 deductibles can save $118 every year
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,240
• Buying pricier low deductibles for comp and collision coverage bumps up the cost to $1,468
• Unlucky drivers with multiple tickets or accidents could pay around $2,678
• Policy cost that insures a teen driver for full coverage can cost $4,936 each year

View Chart as Image

Insurance rates for a Chevrolet Silverado 2500HD also range considerably based on the model of your Silverado 2500HD, your driving record and age, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you are likely paying anywhere from $1,500 to $2,100 extra every year, depending on your age. Chevrolet Silverado 2500HD insurance for high-risk drivers ranges as much as 43% to 135% more than the average rate. View High Risk Driver Rates

A more mature driver with a clean driving record and higher comprehensive and collision deductibles may pay as little as $1,200 annually on average, or $100 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records can expect to pay in the ballpark of $4,900 a year. View Rates by Age

Your home state plays a big part in determining prices for Chevrolet Silverado 2500HD insurance prices. A good driver about age 40 could pay as low as $950 a year in states like Vermont, New Hampshire, and Missouri, or at least $1,770 on average in Louisiana, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles can save as much as $350 every year, whereas buying more liability protection will push rates upward. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $430 more per year. View Rates by Deductible or Liability Limit

Insurance Rates by Trim Level and Model Year

Rates assume 2012 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 2500HD Insurance

Finding cheaper rates on car insurance takes being a good driver, having above-average credit, paying for small claims out-of-pocket, and possibly raising deductibles. Comparison shop at least once a year by requesting quotes from direct car insurance companies, and also from local auto insurance providers.

The following list is a brief recap of the primary concepts that were covered in the charts and tables above.

• You may be able to save around $140 per year just by quoting online well ahead of the renewal date
• Higher risk drivers who tend to receive serious violations will likely pay on average $1,440 more per year than a safer driver
• Increasing comprehensive and collision deductibles can save approximately $350 each year
• Drivers age 16 to 20 are expensive to insure, with premiums being up to $411 each month if full coverage is included