Chevrolet Silverado 2500HD Insurance Rates

The average insurance rates for a Chevrolet Silverado 2500HD are $1,194 a year with full coverage. Comprehensive costs an estimated $192 each year, collision costs $288, and liability costs $534. A liability-only policy costs as little as $588 a year, with high-risk insurance costing around $2,576. Teenage drivers cost the most to insure at $4,786 a year or more.

Average premium for full coverage: $1,194

Policy rates broken down by type of insurance:

Prices are based on $500 physical damage deductibles, minimum liability limits, and includes medical and uninsured motorist coverage. Prices are averaged for all U.S. states and Silverado 2500HD models.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on car insurance rates. More rural locations are shown to have lower incidents of collision claims than densely populated cities.

The graphic below illustrates how rural and urban location affects insurance prices.

The examples above demonstrate why all drivers should compare rates for a targeted area, instead of making a decision based on average rates.

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

Detailed Rate Analysis

The chart below details estimated Chevrolet Silverado 2500HD insurance rates for other coverage scenarios.

• The best discount rate is $717
• Drivers who choose higher $1,000 deductibles will pay approximately $110 annually
• The estimated price for a good driver age 40 who has $500 deductibles is $1,194
• Using low deductibles for comprehensive and collision insurance bumps up the cost to $1,402
• Drivers who are prone to accidents and violations could pay up to $2,576 or more
• Policy cost that insures a 16-year-old driver can cost as much as $4,786 a year

View Chart as Image

Car insurance rates for a Chevrolet Silverado 2500HD also range considerably based on the trim level and model year, your age and driving habits, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you may be forking out $1,400 to $2,000 extra every year, depending on your age. Insurance for high-risk drivers can cost from 42% to 130% more than a normal policy. View High Risk Driver Rates

More mature drivers with no driving violations and higher comprehensive and collision deductibles may pay as low as $1,100 per year on average, or $92 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will be charged at least $4,700 a year. View Rates by Age

Your home state makes a big difference in Chevrolet Silverado 2500HD insurance prices. A 40-year-old driver could pay as low as $860 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,610 on average in New York, Michigan, and Florida.

View Chart as Image

Using high physical damage deductibles could save up to $320 annually, whereas increasing liability limits will increase premiums. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $426 extra every 12 months. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to find out which auto insurance is cheapest is to do a rate comparison from multiple companies. Every company uses a different method to calculate rates, so rate quotes will be varied.

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 Affordable Chevrolet Silverado 2500HD Insurance

Finding cheaper rates on insurance for a Chevrolet Silverado 2500HD not only requires being a safe and courteous driver, but also having a positive credit history, not filing small claims, and not having any coverage lapses. Compare prices every couple of years by requesting quotes from direct companies, and also from insurance agencies where you live.

Below is a brief review of the material that was raised in the charts and tables above.

• Insureds who want higher levels of liability will pay an extra $590 every year to go from a 30/60 limit to the 250/500 level
• Teenage drivers have the highest car insurance rates, as much as $399 each month if full coverage is purchased
• Drivers considered higher risk with DUI or reckless driving convictions could be forced to pay on average $1,380 more annually for auto insurance
• Increasing comprehensive and collision deductibles can save approximately $325 each year