Chevrolet Silverado 3500HD Insurance Rates

Estimated insurance prices for a Chevrolet Silverado 3500HD are $1,164 every 12 months for full coverage insurance. Comprehensive costs an estimated $200 each year, collision costs $250, and liability insurance is estimated at $534. Liability-only coverage costs approximately $588 a year, with high-risk coverage costing around $2,496. Teenage drivers pay the most at $4,650 a year or more.

Average premium for full coverage: $1,164

Premium estimates broken down by type of coverage:

These estimates include $500 deductibles, 30/60 liability limits, and includes medical and UM/UIM coverage. Rates include averaging for all 50 states and Silverado 3500HD models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city has a significant impact on the price of insurance. More rural locations are statistically proven to have more infrequent physical damage claims than densely populated cities.

The graphic below illustrates the effect of geographic area on insurance prices.

These rate differences illustrate why all drivers should get quotes for a targeted area and their own driving history, rather than relying on average rates.

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

More Rate Details

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

• The best discount rate is $706
• Choosing higher $1,000 deductibles can save approximately $104 each year
• The average price for a 40-year-old good driver who has $500 deductibles is $1,164
• Using low deductibles for comp and collision coverage increases the price to $1,356
• High-risk insureds who are prone to accidents and violations could pay up to $2,496 or more
• An auto insurance policy to insure a teen driver can cost as much as $4,650 each year

View Chart as Image

Insurance prices for a Chevrolet Silverado 3500HD also have a wide range based on physical damage deductibles and liability limits, your risk profile, and the model year and trim level.

Using high physical damage deductibles can save as much as $300 each year, whereas increasing liability limits will increase premiums. Switching from a 50/100 liability limit to a 250/500 limit will cost up to $426 more per year. View Rates by Deductible or Liability Limit

More mature drivers with a clean driving record and higher deductibles could pay as little as $1,100 annually on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers can expect to pay at least $4,600 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you are probably paying $1,400 to $2,000 extra annually, depending on your age. Insurance for high-risk drivers ranges anywhere from 43% to 134% more than a normal policy. View High Risk Driver Rates

Where you choose to live plays a big part in determining prices for Chevrolet Silverado 3500HD insurance rates. A good driver about age 40 could pay as low as $760 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,570 on average in Florida, New York, and Michigan.

View Chart as Image

With such a large range in prices, the only way to figure out which insurance company is cheapest is to do a rate comparison from as many companies as possible. Each auto insurer uses a different method to calculate prices, so the prices will be substantially different.

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 Shop for Cheap Chevrolet Silverado 3500HD Insurance

Finding better rates on Chevrolet Silverado 3500HD insurance takes not taking risks behind the wheel, having good credit, paying for small claims out-of-pocket, and taking advantage of discounts. Take the time to compare rates at every policy renewal by requesting rates from direct insurance companies, and also from insurance agencies where you live.

The following is a brief summary of the data covered in the above illustrations.

• Drivers who want higher liability limits will pay an extra $590 annually to raise limits from 30/60 bodily injury limits to a 250/500 level
• It is possible to save approximately $130 per year simply by quoting online in advance
• Increasing policy deductibles could save as much as $300 each year
• Teens are charged the highest prices, with premiums being up to $388 per month if they have full coverage