Chevrolet Silverado 3500HD Insurance Rates

Estimated auto insurance rates for a Chevrolet Silverado 3500HD are $1,164 annually for full coverage. Comprehensive insurance costs around $200 a year, collision insurance costs $250, and liability coverage is estimated at $534. Liability-only coverage costs approximately $588 a year, and high-risk coverage costs $2,496 or more. Teenage drivers pay the most at up to $4,650 a year.

Average premium for full coverage: $1,164

Premium estimates for type of coverage:

These estimates include $500 physical damage insurance deductibles, liability coverage up to 30/60, and includes additional medical/uninsured motorist coverage. Rates include averaging for all states and Silverado 3500HD trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city has a large influence on auto insurance rates. Areas with sparse population are statistically proven to have fewer accident claims than densely populated cities. The diagram below illustrates the difference location can make on auto insurance rates.

These rate differences show why it is important to get quotes for a specific zip code and their own personal driving habits, rather than using 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 choices and driver risks.

• The best discount rate is $706
• Choosing higher $1,000 deductibles can save about $1,060 a year
• The estimated rate for a 40-year-old good driver using $500 deductibles is $1,164
• Using low $100 deductibles for comp and collision coverage costs an additional $192 each year
• Drivers who are prone to accidents and violations could pay at least $2,496
• An auto insurance policy with full coverage for a teenage driver can be $4,650 each year

View Chart as Image

Insurance prices for a Chevrolet Silverado 3500HD also have a wide range based on the model of your Silverado 3500HD, your driver profile, and deductibles and policy limits.

Older drivers with a clean driving record and high physical damage deductibles may only pay around $1,100 annually on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, where even without any violations or accidents they can expect to pay as much as $4,600 a year. View Rates by Age

If you have a few violations or you caused a few accidents, you could be paying at least $1,400 to $2,000 extra annually, depending on your age. A high-risk auto insurance policy ranges around 43% to 134% more than a normal policy. View High Risk Driver Rates

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

Where you choose to live plays a big part in determining prices for Chevrolet Silverado 3500HD insurance rates. A good driver about age 40 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

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 Buy Cheap Chevrolet Silverado 3500HD Insurance

Finding better rates on auto insurance takes being a low-risk driver, having a good credit history, not filing small claims, and dropping full coverage on older vehicles. Make time to compare rates every time your policy renews by getting rate quotes from direct carriers, and also from local independent and exclusive agents.

The items below are a brief summary of the information touched on in this article.

• Drivers can save up to $130 per year just by quoting early and online
• Teen drivers pay higher prices, as much as $388 per month including comprehensive and collision insurance
• Increasing policy deductibles could save up to $300 each year
• Drivers that tend to have accidents or serious violations pay an average of $1,330 more every year to insure their Silverado 3500HD
• Consumers who may need more liability coverage will pay an extra $590 each year to raise limits from 30/60 bodily injury limits to higher 250/500 limits