Chevrolet Silverado 3500HD Insurance Rates

U.S. average insurance rates for a Chevrolet Silverado 3500HD are $1,164 a year with full coverage. Comprehensive costs approximately $200, collision costs $250, and liability costs around $534. Liability-only coverage costs as low as $588 a year, with high-risk coverage 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 by individual coverage:

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

Price Range from Low to High

Geographic Price Range

Where you live can make a big difference on the price of insurance. Rural locations have lower incidents of collision claims than densely populated cities.

The example below illustrates how location impacts auto insurance prices.

The ranges above demonstrate why everyone should compare prices 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 details estimated Chevrolet Silverado 3500HD insurance rates for additional coverage and risk scenarios.

• The best discount rate is $706
• Using higher $1,000 deductibles will save $104 annually
• The estimated price for the average middle-age driver who chooses $500 deductibles is $1,164
• Using pricier low deductibles for physical damage coverage bumps up the cost to $1,356
• High-risk insureds who are prone to accidents and violations could pay around $2,496 or more
• The price that insures a 16-year-old driver for full coverage can cost $4,650 or more

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Auto insurance prices for a Chevrolet Silverado 3500HD are also quite variable based on the model of your Silverado 3500HD, your age and driving habits, and physical damage deductibles and liability limits.

If you have some driving violations or you caused an accident, you may be forking out anywhere from $1,400 to $2,000 in extra premium each year, depending on your age. Chevrolet Silverado 3500HD insurance for high-risk drivers can be 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 a year for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records will have 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 prices. A driver around age 40 might see prices as low as $840 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,570 on average in New York, Michigan, and Florida.

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Using high physical damage deductibles could cut prices by as much as $300 annually, whereas buying more liability protection will push prices upward. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $426 extra every year. View Rates by Deductible or Liability Limit

Since prices can be so different, the best way to find out who has the cheapest auto insurance prices is to regularly compare prices from multiple companies. Each insurance company uses a different method to calculate prices, and quoted 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 requires being a good driver, maintaining a good credit score, avoid buying unnecessary coverage, and not having any coverage lapses. Compare prices at every policy renewal by getting rate quotes from direct companies, and also from local insurance agencies.

The following list is a brief recap of the data touched on above.

• Insureds who purchase an increased level of liability coverage will pay an extra $590 every year to increase from a low limit to the 250/500 level
• You may be able to save around $130 per year simply by quoting online well ahead of the renewal date
• Increasing physical damage deductibles can save approximately $300 each year
• Drivers age 16 to 20 have the highest car insurance prices, costing up to $388 a month if the policy includes full coverage