Chevrolet Silverado 3500HD Insurance Rates

The average auto insurance rates for a Chevrolet Silverado 3500HD are $1,164 annually for full coverage insurance. Comprehensive insurance costs an estimated $200, collision costs $250, and liability insurance costs $534. Liability-only coverage costs as little as $588 a year, with high-risk coverage costing $2,496 or more. Teen drivers cost the most to insure at $4,650 a year or more.

Average premium for full coverage: $1,164

Policy rates broken down by type of insurance:

Prices include $500 deductibles, split liability limits of 30/60, and includes uninsured motorist and medical coverage. Prices are averaged for all 50 states and for different Silverado 3500HD trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location 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 price range example below illustrates how your location can change insurance prices.

The examples above illustrate why anyone shopping for car insurance should compare rates 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.

Additional Rate Information

The chart below illustrates estimated Chevrolet Silverado 3500HD insurance rates for other coverage scenarios.

• The lowest rate with discounts is $706
• Drivers who choose higher $1,000 deductibles will pay approximately $104 each year
• The estimated rate for a good driver age 40 who has $500 deductibles is $1,164
• Choosing more expensive low deductibles for comprehensive and collision insurance costs an additional $192 a year
• High risk drivers with multiple violations and an at-fault accident could pay up to $2,496 or more
• Policy cost with full coverage for a teen driver with full coverage can cost as much as $4,650 a year

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Insurance rates for a Chevrolet Silverado 3500HD also range considerably based on the model year and trim level, your risk profile, and liability limits and deductibles.

An older driver with no violations or accidents and high physical damage deductibles could pay as little as $1,100 per year 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 $4,600 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. High-risk driver insurance can cost anywhere from 43% to 134% more than average. View High Risk Driver Rates

Choosing high deductibles could save up to $300 each year, while increasing your policy's 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 makes a big difference in Chevrolet Silverado 3500HD insurance rates. A 40-year-old driver could pay as low as $760 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,570 on average in Florida, New York, and Michigan.

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Because rates have so much variability, the only way to figure out which auto insurance is cheapest is to compare rates from as many companies as possible. Every company uses a different rate calculation, and rates will be varied between companies.

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 Buy the Right Chevrolet Silverado 3500HD Insurance

Finding cheaper rates on Chevrolet Silverado 3500HD insurance not only requires not taking risks behind the wheel, but also having good credit, being claim-free, and maximizing policy discounts. Invest the time to shop around at least once a year by obtaining price quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The following is a quick rundown of the primary concepts that were illustrated above.

• It is possible to save approximately $130 per year simply by shopping early and online
• High-risk drivers with reckless driving or DUI convictions may pay on average $1,330 more annually for Silverado 3500HD insurance
• Increasing comprehensive and collision deductibles could save up to $300 each year
• Teens are expensive to insure, possibly costing $388 each month if they have full coverage