Chevrolet Silverado 3500HD Insurance Rates

The average insurance rates for a Chevrolet Silverado 3500HD are $1,164 a year for full coverage. Comprehensive costs an estimated $200, collision costs $250, and liability is estimated at $534. Buying just liability costs approximately $588 a year, with insurance for high-risk drivers costing around $2,496. 16-year-old drivers cost the most to insure at $4,650 a year or more.

Average premium for full coverage: $1,164

Policy rates broken down by type of insurance:

Prices include $500 physical damage insurance deductibles, liability coverage up to 30/60, and includes UM/UIM and medical coverage. Prices are averaged for all states and for different Silverado 3500HD trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on insurance rates. More rural locations are shown to have a lower frequency of accident claims than congested cities.

The price range example below illustrates how your location can change insurance prices.

The examples above show why anyone shopping for car insurance should get quotes for a targeted area and risk profile, instead of using rate averages.

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

Rates by State, City, and Model

The chart below shows estimated Chevrolet Silverado 3500HD insurance rates for other coverage scenarios.

• The best full coverage rate is $706
• Choosing higher $1,000 deductibles can save approximately $104 a year
• The average rate for a good driver age 40 who has $500 deductibles is $1,164
• Buying more expensive low deductibles for comp and collision coverage will increase the cost to $1,356
• Unlucky drivers with multiple tickets or accidents could pay up to $2,496 or more
• Policy cost for full coverage for a teen driver with full coverage can cost as much as $4,650 each year

View Chart as Image

Insurance rates for a Chevrolet Silverado 3500HD also range considerably based on your risk profile, the trim level of your Silverado 3500HD, and liability limits and deductibles.

An older driver with a clean driving record and high deductibles may pay as little as $1,100 annually on average, or $92 per month, for full coverage. Rates are highest for teenagers, where even good drivers can expect to pay at least $4,600 a year. View Rates by Age

Your home state plays a big part in determining prices for Chevrolet Silverado 3500HD insurance prices. A good driver about age 40 could pay as low as $770 a year in states like Iowa, Maine, and Idaho, or at least $1,660 on average in New York, Louisiana, and Michigan.

View Chart as Image

Opting for high physical damage deductibles can save as much as $300 every year, while increasing your policy's liability limits will increase premiums. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $426 more per year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying $1,400 to $2,000 extra every year, depending on your age. High-risk driver insurance ranges as much as 43% to 134% more than the average rate. View High Risk Driver Rates

Because rates have so much variability, the only way to know which auto insurance is cheapest is to compare rates and see which company has the best rate. Each auto insurer utilizes a different rate formula, so the rates will be varied from one company to the next.

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 Right Chevrolet Silverado 3500HD Insurance

Finding cheaper rates on car insurance takes being a low-risk driver, maintaining good credit, avoid buying unnecessary coverage, and taking advantage of discounts. Invest the time to shop around every time your policy renews by getting quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

The items below are a quick rundown of the information illustrated above.

• Drivers can save approximately $130 per year simply by shopping early and online
• Teen drivers are charged the highest rates, costing up to $388 each month for full coverage
• Increasing comprehensive and collision deductibles can save around $300 each year
• Higher risk drivers with reckless driving or DUI convictions pay an average of $1,330 more annually to insure their Silverado 3500HD
• Policyholders who want more liability coverage will pay around $590 each year to raise limits from a 30/60 limit to 250/500 limits