Chevrolet Silverado 2500HD Insurance Rates

The average auto insurance rates for a Chevrolet Silverado 2500HD are $1,194 annually for full coverage insurance. Comprehensive costs an estimated $192 a year, collision insurance costs $288, and liability insurance is $534. Liability-only coverage costs around $588 a year, and high-risk coverage costs around $2,576. Teen drivers cost the most to insure at up to $4,786 a year.

Average premium for full coverage: $1,194

Policy rates broken down by type of insurance:

Includes $500 comprehensive and collision deductibles, minimum liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 states and Silverado 2500HD trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a significant impact on the price of insurance. More rural locations are shown to have fewer physical damage claims than larger metro areas. The diagram below illustrates how geographic area affects insurance prices.

The examples above illustrate why it is important to compare rates quotes for a targeted area and their own personal driving habits, rather than relying on price averages.

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

Rate Comparisons

The chart below illustrates average Chevrolet Silverado 2500HD insurance rates for other coverage scenarios.

• The lowest rate with discounts is $717
• Raising to $1,000 deductibles will save approximately $1,084 each year
• The estimated rate for a good driver age 40 who has $500 deductibles is $1,194
• Choosing low $100 deductibles will cost $1,402
• Higher-risk drivers with multiple violations and an at-fault accident could pay up to $2,576
• Policy cost with full coverage for a teen driver can cost as much as $4,786

View Chart as Image

Insurance rates for a Chevrolet Silverado 2500HD also range considerably based on the model year and trim level, your risk profile, and liability limits and deductibles.

Older drivers with no violations or accidents and high physical damage deductibles could pay as little as $1,100 every 12 months on average, or $92 per month, for full coverage. Rates are highest for teenagers, where even without any violations or accidents they should be prepared to pay at least $4,700 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are probably paying $1,400 to $2,000 additional every year, depending on your age. A high-risk auto insurance policy is expensive and can cost anywhere from 42% to 130% more than average. View High Risk Driver Rates

Choosing high deductibles can reduce rates by up to $320 each year, while buying higher liability limits will increase premiums. Switching from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $426 more each year. View Rates by Deductible or Liability Limit

Your home state also has a big influence on Chevrolet Silverado 2500HD insurance rates. A middle-age driver might find rates as low as $780 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,610 on average in Florida, New York, and Michigan.

View Chart as Image

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 Buy the Cheapest Chevrolet Silverado 2500HD Insurance

Finding cheaper rates on Chevrolet Silverado 2500HD insurance consists of avoiding accidents and violations, having good credit, being claim-free, and possibly raising deductibles. Invest the time to compare rates every couple of years by requesting rates from direct insurance companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The list below is a recap of the material that was presented in the illustrations above.

• Drivers who want higher liability limits will pay about $590 annually to raise from a 30/60 limit to higher 250/500 limits
• Teenagers are expensive to insure, possibly costing $399 each month if they have full coverage
• High-risk drivers that have major violations or accidents may pay on average $1,380 more annually for car insurance
• Increasing comprehensive and collision deductibles could save up to $325 each year