Chevrolet Silverado 3500HD Insurance Rates

The average insurance rates for a Chevrolet Silverado 3500HD are $1,164 a year for full coverage. Comprehensive costs on average $200, collision costs $250, and liability coverage is estimated at $534. Buying just liability costs approximately $588 a year, with insurance for high-risk drivers costing around $2,496. Teens cost the most to insure at $4,650 a year or more.

Average premium for full coverage: $1,164

Policy rates by type of insurance:

Includes $500 physical damage deductibles, 30/60 bodily injury liability limits, and includes uninsured motorist and medical coverage. Prices are averaged for all states and for different Silverado 3500HD trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on car insurance rates. Rural areas are shown to have lower incidents of accident claims than cities with more traffic congestion.

The price range example below illustrates the difference between rural and urban areas on car insurance rates.

The examples above show why anyone shopping for car insurance should get quotes based on a specific location, rather than using averaged prices.

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

Additional Rate Information

The chart below shows estimated Chevrolet Silverado 3500HD insurance rates for different risk profiles and scenarios.

• The cheapest rate after discounts is $706
• Choosing higher $1,000 deductibles can save around $104 a year
• The estimated price for a good driver age 40 with $500 deductibles is $1,164
• Selecting more expensive low deductibles for comp and collision coverage bumps up the cost to $1,356
• Drivers with serious driving violations could pay upwards of $2,496 or more
• Policy cost that insures a teenage driver with full coverage may cost $4,650 each year

View Chart as Image

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

If you have a few points on your driving record or you caused an accident, you could be paying at a minimum $1,400 to $2,000 extra every year, depending on your age. High-risk driver insurance ranges around 43% to 134% more than the average policy. View High Risk Driver Rates

An older driver with a clean driving record and higher comprehensive and collision deductibles may only pay around $1,100 annually on average, or $92 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records can expect to pay upwards of $4,600 a year. View Rates by Age

Your home state plays a big part in determining prices for Chevrolet Silverado 3500HD insurance rates. A good driver about age 40 could pay as low as $770 a year in states like Idaho, Maine, and Iowa, or have to pay at least $1,660 on average in Michigan, Louisiana, and New York.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can save as much as $300 a year, while increasing your policy's liability limits will cost you more. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $426 more per year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to know exactly what you will pay is to compare rates and see how they stack up. Each auto insurer calculates rates differently, so the rates will be varied.

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 the Cheapest Chevrolet Silverado 3500HD Insurance

Finding cheaper rates on auto insurance takes being a safe and courteous driver, having above-average credit, avoid buying unnecessary coverage, and bundling your home and auto policies. Compare rates at every other renewal by quoting rates from direct carriers, and also from local exclusive and independent agents.

Below is a recap of the concepts that were covered above.

• Drivers that have major violations or accidents may pay on average $1,330 more each year for auto insurance
• Teenage drivers pay the highest rates, costing up to $388 each month if full coverage is included
• Drivers can save as much as $130 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles can save approximately $300 each year
• Drivers can save as much as $130 per year simply by shopping early and online