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 approximately $200 a year, collision insurance costs $250, and liability insurance costs around $534. Buying just liability costs as low as $588 a year, and insurance for high-risk drivers costs around $2,496. Teenage drivers pay the highest rates at up to $4,650 a year.

Average premium for full coverage: $1,164

Price estimates by individual coverage:

Estimates include $500 physical damage deductibles, split liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Estimates are averaged for all states and Silverado 3500HD trim levels.

Price Range from Low to High

Geographic Price Range

Where you live has a significant impact on car insurance rates. Rural locations have lower incidents of accident claims than densely populated cities. The diagram below illustrates how geographic area affects auto insurance prices.

The ranges above show why it is important to compare prices using their specific location, rather than relying on average rates.

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

More Rate Information

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

• The best discount rate is $706
• Using higher $1,000 deductibles will save $1,060 a year
• The estimated price for the average middle-age driver who chooses $500 deductibles is $1,164
• Using low $100 deductibles for physical damage coverage bumps up the cost to $1,356
• Drivers who are prone to accidents and violations could pay around $2,496
• The price that insures a teen driver can cost $4,650 or more

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 physical damage deductibles and liability limits.

If you have some driving violations or you caused an accident, you could be paying anywhere from $1,400 to $2,000 additional each year, depending on your age. A high-risk auto insurance policy can be anywhere 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 could pay as little as $1,100 a year for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records should be prepared to pay in the ballpark of $4,600 a year. View Rates by Age

The state you live in has a huge impact on Chevrolet Silverado 3500HD insurance rates. A driver around age 40 might see prices 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

Using high physical damage deductibles could cut prices by as much as $300 each year, while buying higher liability limits will push prices upward. 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

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 Low Cost Chevrolet Silverado 3500HD Insurance

Getting lower rates on Chevrolet Silverado 3500HD insurance requires being a safe and courteous driver, having a good credit score, eliminating unnecessary coverage, and consideration of higher deductibles. Compare prices at least once a year by getting quotes from direct carriers, and also from insurance agencies where you live.

Below is a review of the primary concepts that were presented in the illustrations above.

• Drivers can save around $130 per year just by quoting early and online
• High-risk drivers who have several accidents or serious violations could be forced to pay on average $1,330 more per year for auto insurance
• Increasing physical damage deductibles can save approximately $300 each year
• Teenage drivers are the costliest to insure, with premiums as much as $388 a month if comprehensive and collision insurance is included