Chevrolet Silverado 2500HD Insurance Rates

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

Average premium for full coverage: $1,194

Policy rates for type of insurance:

Estimates include $500 deductibles, minimum liability limits, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all 50 U.S. states and Silverado 2500HD trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on the price of insurance. Areas with sparse population are shown to have fewer comprehensive and collision claims than densely populated cities. The diagram below illustrates how location helps determine auto insurance rates.

The examples above highlight why it is important to compare rates for a specific zip code and their own personal driving habits, instead of making a decision based on average rates.

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

Additional Charts and Tables

The chart below breaks down average Chevrolet Silverado 2500HD insurance rates for additional coverage choices and driver risks.

• The best discount rate is $717
• Drivers who choose higher $1,000 deductibles will pay about $1,084 every year
• The estimated rate for a good driver age 40 using $500 deductibles is $1,194
• Using low $100 deductibles for comprehensive and collision insurance will cost $1,402
• Drivers who are prone to accidents and violations could pay at least $2,576
• Policy cost with full coverage for a 16-year-old driver can be $4,786 a year

View Chart as Image

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

Older drivers with no violations or accidents and high physical damage 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, where even without any violations or accidents they should be prepared to pay as much as $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 likely paying at least $1,400 to $2,000 additional every year, depending on your age. A high-risk auto insurance policy can cost from 42% to 130% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could save up to $320 annually, while buying higher liability limits will increase rates. Changing 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 makes a big difference in Chevrolet Silverado 2500HD insurance prices. A 40-year-old driver could pay as low as $920 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,700 on average in Michigan, New York, and Louisiana.

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 Low Cost Chevrolet Silverado 2500HD Insurance

Finding cheaper rates on insurance for a Chevrolet Silverado 2500HD not only requires not taking risks behind the wheel, but also having good credit, paying for small claims out-of-pocket, and deciding if full coverage is necessary. Invest time comparing rates every couple of years by quoting rates from direct car insurance companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The following is a review of the material that was covered in the charts and tables above.

• Insureds who may need higher liability limits will pay an extra $590 per year to go from a 30/60 limit to higher 250/500 limits
• Teens are charged the highest rates, with premiums being up to $399 each month if they have full coverage
• Drivers considered higher risk who have several accidents or serious violations may pay on average $1,380 more every year for Silverado 2500HD insurance
• Increasing comprehensive and collision deductibles could save up to $325 each year