Chevrolet Silverado 3500HD Insurance Rates

The average insurance rates for a Chevrolet Silverado 3500HD are $1,164 a year for full coverage. Comprehensive insurance costs approximately $200, 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 by type of insurance:

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

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on car insurance rates. Rural locations are shown to have lower incidents of accident claims than densely populated cities. The example below illustrates how rural and urban location affects auto insurance prices.

The examples above show why everyone should compare rates using their specific location, instead of making a decision based on average rates.

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

Additional Rate Analysis

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

• The best discount rate is $706
• Drivers who choose higher $1,000 deductibles will pay $104 a year
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,164
• Using pricier low deductibles for comprehensive and collision insurance will cost an additional $192 annually
• Drivers who are prone to accidents and violations could pay around $2,496
• Policy cost that insures a 16-year-old driver for full coverage can cost $4,650 a year

View Chart as Image

Auto insurance rates for a Chevrolet Silverado 3500HD also range considerably based on the model of your Silverado 3500HD, how you drive, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you could be paying anywhere from $1,400 to $2,000 in extra premium every year, depending on your age. Chevrolet Silverado 3500HD insurance for high-risk drivers can cost from 43% to 134% more than a normal policy. View High Risk Driver Rates

A more mature driver with a good driving record and higher comprehensive and collision 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 teens with perfect driving records will have to pay in the ballpark of $4,600 a year. View Rates by Age

Your home state 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 Iowa, Maine, and Idaho, or be forced to pay as much as $1,660 on average in New York, Louisiana, and Michigan.

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Using high physical damage deductibles could save up to $300 annually, whereas buying more liability protection will push rates upward. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $426 extra every 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

Finding cheaper rates on insurance for a Chevrolet Silverado 3500HD not only requires avoiding accidents and claims, but also maintaining a good credit score, avoid buying unnecessary coverage, and possibly higher deductibles. Compare prices once a year by getting rate quotes from direct carriers, and also from insurance agencies where you live.

The points below are a review of the data that was raised in the charts and tables above.

• Drivers can save around $130 per year just by quoting online well ahead of the renewal date
• Insureds who purchase increased liability limits will pay an extra $590 each year to go from a 30/60 limit to the 250/500 level
• Drivers under the age of 20 have the highest car insurance rates, costing up to $388 each month if the policy includes full coverage
• Drivers considered higher risk who have several accidents or serious violations could be forced to pay on average $1,330 more per year to insure a Chevrolet Silverado 3500HD