Chevrolet Silverado 3500HD Insurance Rates

U.S. average insurance rates for a Chevrolet Silverado 3500HD are $1,164 a year for full coverage. Comprehensive costs around $200 a 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 pay the highest rates at $4,650 a year or more.

Average premium for full coverage: $1,164

Price estimates for individual coverage:

Rate estimates include $500 physical damage insurance deductibles, 30/60 bodily injury liability limits, and includes medical and uninsured motorist coverage. Estimates are averaged for all states and Silverado 3500HD trim levels.

Price Range from Low to High

Geographic Price Range

Your location can make a big difference on auto insurance rates. Areas with sparse population have lower incidents of accident claims than densely populated cities.

The diagram below illustrates how where you live affects auto insurance rates.

The ranges above show why it is important to compare rates for a specific zip code, instead of making a decision based on average rates.

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

Detailed Rate Analysis

The chart below shows estimated 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 a year
• The estimated price for the average middle-age driver using $500 deductibles is $1,164
• Using low $100 deductibles for comprehensive and collision insurance bumps up the cost to $1,356
• Drivers who are prone to accidents and violations could pay at least $2,496 or more
• The price that insures a 16-year-old driver can be $4,650 a year

View Chart as Image

Insurance prices for a Chevrolet Silverado 3500HD are also quite variable based on the trim level of your Silverado 3500HD, how you drive, and deductibles and policy limits.

If you have some driving violations or you caused an accident, you could be paying at least $1,400 to $2,000 additional each 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

Older drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as low as $1,100 per year on average for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records should be prepared to pay as much as $4,600 a year. View Rates by Age

The state you live in makes a big difference in Chevrolet Silverado 3500HD insurance prices. A 40-year-old driver could pay as low as $770 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $1,660 on average in Michigan, Louisiana, and New York.

View Chart as Image

Using high physical damage deductibles could save up to $300 annually, while buying higher liability limits will increase prices. Going from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $426 more each year. View Rates by Deductible or Liability Limit

Since prices can be so different, the only way to know your exact price is to get quotes from multiple companies. Every company uses a different method to calculate prices, and prices may be quite 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 Find the Best Chevrolet Silverado 3500HD Insurance

Getting lower rates on insurance for a Chevrolet Silverado 3500HD not only requires being a low-risk driver, but also having a good credit score, eliminating unnecessary coverage, and taking advantage of discounts. Compare prices at every other renewal by quoting rates from direct carriers, and also from several local insurance agents.

The items below are a brief recap of the concepts that were touched on in the above illustrations.

• Drivers considered higher risk who tend to receive serious violations pay on average $1,330 more every year to insure their Silverado 3500HD
• Teen drivers are charged the highest prices, with premiums as much as $388 a month if comprehensive and collision insurance is included
• Drivers can save up to $130 per year simply by quoting early and online
• Increasing physical damage deductibles can save approximately $300 each year
• Drivers can save up to $130 per year simply by quoting early and online