Chevrolet Silverado 3500HD Insurance Rates

The average auto insurance rates for a Chevrolet Silverado 3500HD are $1,164 annually with full coverage. Comprehensive costs an estimated $200 each year, collision costs $250, and liability costs $534. Buying just liability costs as little as $588 a year, with insurance for high-risk drivers costing around $2,496. Teenage 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:

Price estimates include $500 policy deductibles, 30/60 bodily injury liability limits, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all U.S. states and Silverado 3500HD models.

Price Range Variability

Urban vs. Rural Price Range

Your location can have significant affects on car insurance rates. More rural locations are shown to have fewer collision claims than densely populated cities.

The graphic below illustrates the difference between rural and urban areas on insurance prices.

The examples above demonstrate why all drivers should compare rates for a targeted area and their own personal driving habits, instead of using average rates.

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

Additional Charts and Tables

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

• The best discount rate is $706
• Drivers who choose higher $1,000 deductibles will pay approximately $104 annually
• The estimated rate for a good driver age 40 who has $500 deductibles is $1,164
• Using low deductibles for comprehensive and collision insurance will cost $1,356
• Higher-risk drivers who are prone to accidents and violations could pay up to $2,496 or more
• Policy cost with full coverage for a teen driver 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 driving record, and liability limits and deductibles.

More mature drivers with a clean driving record and high physical damage deductibles may pay as little 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 can expect 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 may be forking out $1,400 to $2,000 extra every year, depending on your age. Insurance for high-risk drivers can cost as much as 43% to 134% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could save up to $300 every year, whereas increasing liability limits will increase premiums. Moving from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $426 more per year. View Rates by Deductible or Liability Limit

Your home state makes a big difference in Chevrolet Silverado 3500HD insurance prices. A 40-year-old driver could pay as low as $840 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,570 on average in New York, Michigan, and Florida.

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Because rates have so much variability, the best way to find out which auto insurance is cheapest is to do a rate comparison and see which company has the best rate. Every company uses a different method to calculate rates, so the 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 Cheaper Chevrolet Silverado 3500HD Insurance

Finding cheaper rates on car insurance not only requires being a good driver, but also having a good credit history, not filing small claims, and taking advantage of discounts. Set aside time to compare rates at every other renewal by requesting rates from direct companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The following list is a condensed summary of the concepts that were covered above.

• Higher risk drivers with multiple at-fault accidents pay on average $1,330 more annually than a safer driver
• Drivers age 16 to 20 are charged the highest rates, as much as $388 each month including comprehensive and collision insurance
• You may be able to save approximately $130 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles could save up to $300 each year
• You may be able to save approximately $130 per year simply by quoting online in advance