Chevrolet Silverado 3500HD Insurance Rates

The average insurance rates for a Chevrolet Silverado 3500HD are $1,164 a year including full coverage. Comprehensive insurance costs an estimated $200, collision costs $250, and liability coverage costs $534. Liability-only coverage costs as little as $588 a year, with high-risk coverage costing $2,496 or more. Teens 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:

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

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on the price of auto insurance. More rural locations are shown to have lower incidents of comprehensive and collision claims than cities with more traffic congestion.

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

The examples above highlight why anyone shopping for car insurance should compare rates for a targeted area, rather than using averaged prices.

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

Additional Rate Information

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

• The cheapest rate after discounts is $706
• Drivers who choose higher $1,000 deductibles will pay approximately $104 every year
• The estimated price for a good driver age 40 who has $500 deductibles is $1,164
• Selecting more expensive low deductibles for comprehensive and collision insurance will cost an additional $192 each year
• High-risk insureds with serious driving violations could pay up to $2,496 or more
• Policy cost that insures a teenage driver with full coverage can cost as much as $4,650 a year

View Chart as Image

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

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

An older driver with no violations or accidents and higher comprehensive and collision deductibles may only pay around $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 should be prepared to pay at least $4,600 a year. View Rates by Age

Your home state makes a big difference in Chevrolet Silverado 3500HD insurance rates. A 40-year-old driver could pay as low as $890 a year in states like Vermont, New Hampshire, and Missouri, or have to pay at least $1,660 on average in Louisiana, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could save up to $300 a year, while increasing your policy's liability limits will increase premiums. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $426 more each year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to figure out which auto insurance is cheapest is to compare rates and see how they stack up. Every company calculates rates differently, and 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 not only requires not taking risks behind the wheel, but also having a good credit score, paying for small claims out-of-pocket, and maximizing policy discounts. Compare rates once a year by obtaining price quotes from direct car insurance companies, and also from your local car insurance providers.

The following is a recap of the data that was covered above.

• You may be able to save approximately $130 per year simply by shopping early and online
• Consumers who want higher liability limits will pay approximately $590 per year to go from a 30/60 limit to the 250/500 level
• Teens are expensive to insure, with premiums being up to $388 each month if comprehensive and collision insurance is included
• Drivers that have major violations or accidents could be charged and average of $1,330 more annually for Silverado 3500HD insurance