Chevrolet Silverado 3500HD Insurance Rates

The average insurance prices for a Chevrolet Silverado 3500HD are $1,164 every 12 months for full coverage. Comprehensive insurance costs approximately $200, collision costs $250, and liability insurance costs around $534. A liability-only policy costs as low as $588 a year, with high-risk insurance costing $2,496 or more. Teenage drivers 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:

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

Price Range Variability

Urban vs. Rural Price Range

Where you live has a significant impact on car insurance rates. Rural locations are shown to have more infrequent accident claims than densely populated cities.

The price range example below illustrates the effect of geographic area on auto insurance prices.

The examples above show why anyone shopping for car insurance should compare prices using their specific location and their own driving history, rather than relying on average rates.

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

Additional Rate Details

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

• The best discount rate is $706
• Using higher $1,000 deductibles will save $104 a year
• The average price for a good driver age 40 who chooses $500 deductibles is $1,164
• Using more expensive low deductibles for physical damage coverage costs an extra $192 a year
• Drivers who are prone to accidents and violations could pay around $2,496 or more
• Policy cost to insure a teen driver with full coverage can cost $4,650 or more

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Car insurance rates for a Chevrolet Silverado 3500HD also range considerably based on liability limits and deductibles, your driver profile, and the model of your Silverado 3500HD.

Using high physical damage deductibles could cut rates by as much as $300 each year, while increasing your policy's liability limits will push rates upward. Going from a 50/100 liability limit to a 250/500 limit will raise rates by up to $426 extra every 12 months. View Rates by Deductible or Liability Limit

An older driver with no driving violations and higher deductibles could pay as little as $1,100 a year, or $92 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will be charged in the ballpark of $4,600 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you could be paying anywhere from $1,400 to $2,000 extra every year, depending on your age. High-risk driver insurance can be anywhere from 43% to 134% more than a normal policy. View High Risk Driver Rates

Your home state has a huge impact on Chevrolet Silverado 3500HD insurance rates. A driver around age 40 might see rates as low as $770 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,660 on average in New York, Louisiana, and Michigan.

View Chart as Image

Because rates have so much variability, the only way to know who has the cheapest car insurance rates is to compare rates from as many companies as possible. Each insurance company uses a different method to calculate rates, so rate quotes 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 Shop for Low Cost Chevrolet Silverado 3500HD Insurance

Finding cheaper rates on Chevrolet Silverado 3500HD insurance requires being a good driver, maintaining a good credit score, avoid buying unnecessary coverage, and avoiding coverage lapses. Take the time to compare rates once a year by getting rate quotes from direct carriers, and also from your local independent and exclusive agents.

The following list is a review of the data that was covered in the above illustrations.

• Drivers can save around $130 per year simply by shopping early and online
• Drivers who purchase an increased level of liability coverage will pay an extra $590 each year to increase from a 30/60 limit to a 250/500 level
• Drivers age 16 to 20 pay the highest auto insurance rates, costing up to $388 each month if the policy includes full coverage
• High-risk drivers who have several accidents or serious violations may pay on average $1,330 more per year than a safer driver