Chevrolet Silverado 3500HD Insurance Rates

The average insurance prices for a Chevrolet Silverado 3500HD are $1,164 every 12 months including full coverage. Comprehensive insurance costs around $200 a year, collision insurance costs $250, and liability costs $534. Liability-only insurance costs as little as $588 a year, and high-risk driver insurance costs $2,496 or more. Teenage drivers cost the most to insure at up to $4,650 a year.

Average premium for full coverage: $1,164

Policy rates for type of insurance:

Estimates include $500 physical damage insurance deductibles, split liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all 50 U.S. states and Silverado 3500HD trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on the price of insurance. Areas with sparse population are shown to have more infrequent comprehensive and collision claims than densely populated cities. The diagram below illustrates how geographic area affects auto insurance rates.

The examples above highlight why it is important to compare rates for a specific zip code and their own driving history, instead of making a decision based on average rates.

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

Additional Charts and Tables

The chart below breaks down average Chevrolet Silverado 3500HD insurance rates for additional coverage choices and driver risks.

• The best discount rate is $706
• Drivers who choose higher $1,000 deductibles will pay about $1,060 every year
• The average price for a good driver age 40 using $500 deductibles is $1,164
• Using low $100 deductibles for comprehensive and collision insurance costs an extra $192 annually
• Drivers who are prone to accidents and violations could pay at least $2,496
• Policy cost to insure a 16-year-old driver can be $4,650 a year

View Chart as Image

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

Using high physical damage deductibles could save up to $300 annually, while buying higher liability limits will increase rates. Changing 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

Older drivers with a good driving record and higher deductibles may pay as low as $1,100 per year on average, or $92 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will have to pay as much as $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 likely paying at least $1,400 to $2,000 in extra premium every year, depending on your age. A high-risk auto insurance policy can cost from 43% to 134% more than a normal policy. View High Risk Driver Rates

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

View Chart as Image

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 insurance for a Chevrolet Silverado 3500HD not only requires being a low-risk driver, but also having a good credit score, paying for small claims out-of-pocket, and possibly raising deductibles. Invest the time to compare rates at least once a year by requesting rates from direct car insurance companies, and also from insurance agencies where you live.

The items below are a review of the primary concepts that were presented in the illustrations above.

• You may be able to save up to $130 per year just by quoting early and online
• Drivers considered higher risk who have several accidents or serious violations could be forced to pay on average $1,330 more every year to insure their Silverado 3500HD
• Increasing comprehensive and collision deductibles could save as much as $300 each year
• Teen drivers are expensive to insure, with premiums being up to $388 each month if comprehensive and collision insurance is included