Chevrolet Silverado 3500HD Insurance Rates

The average insurance prices for a Chevrolet Silverado 3500HD are $1,164 every 12 months for full coverage insurance. Comprehensive insurance costs approximately $200 each year, collision costs $250, and liability coverage is $534. Liability-only insurance costs around $588 a year, with high-risk driver 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:

Full coverage includes $500 policy deductibles, 30/60 liability limits, and includes medical and uninsured motorist coverage. Prices are averaged for all 50 states and Silverado 3500HD models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a large influence on the price of auto insurance. Rural locations are shown to have more infrequent physical damage claims than densely populated cities.

The graphic below illustrates the difference location can make on auto insurance prices.

The examples above illustrate why all drivers should compare rates quotes using their specific location and their own driving history, rather than using average rates.

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

Detailed Rate Analysis

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

• The best discount rate is $706
• Raising to $1,000 deductibles will save $104 each year
• The average price for a good driver age 40 who chooses $500 deductibles is $1,164
• Using low deductibles costs an extra $192 each year
• Unlucky drivers who are prone to accidents and violations could pay around $2,496 or more
• Policy cost to insure a teenage driver can cost $4,650

View Chart as Image

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

Using high physical damage deductibles can reduce rates by up to $300 a year, whereas increasing liability limits will push rates upward. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $426 extra every year. View Rates by Deductible or Liability Limit

More mature drivers with a good driving record and higher deductibles may only pay around $1,100 every 12 months on average, or $92 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will have to pay 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 are probably paying anywhere from $1,400 to $2,000 in extra premium every year, depending on your age. Insurance for high-risk drivers is expensive and can cost around 43% to 134% more than a normal policy. View High Risk Driver Rates

Your home state also has a big influence on Chevrolet Silverado 3500HD insurance rates. A middle-age driver might find rates 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

Because rates have so much variability, the only way to figure out who has the best car insurance rates is to do a rate comparison and see how they stack up. Every auto insurance company uses a different method to calculate rates, and quoted 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 Shop for More Affordable Chevrolet Silverado 3500HD Insurance

Finding cheaper rates on auto insurance consists of being a good driver, having a good credit score, being claim-free, and not having any coverage lapses. Make time to compare rates at every policy renewal by requesting quotes from direct insurance companies, and also from local insurance agencies.

The following list is a summary of the data touched on in this article.

• Consumers who purchase an increased level of liability coverage will pay an extra $590 annually to raise from a 30/60 limit to a 250/500 level
• It is possible to save around $130 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles could save as much as $300 each year
• Drivers age 16 to 20 have the highest car insurance rates, possibly costing $388 each month if comprehensive and collision insurance is included