Chevrolet Silverado 3500HD Insurance Rates

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

Full coverage includes $500 comprehensive and collision deductibles, bodily injury liability limits of 30/60, and includes medical and uninsured motorist coverage. Prices are averaged for all 50 states and Silverado 3500HD models.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a significant impact on the price of auto insurance. Rural locations are shown to have lower incidents of physical damage claims than larger metro areas. The graphic below illustrates how where you live affects auto insurance prices.

The examples above illustrate why all drivers should compare prices using their specific location, rather than relying on price averages.

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

Detailed Rate Analysis

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

• The lowest rate with discounts is $706
• Using higher $1,000 deductibles will save $104 each year
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,164
• Choosing low deductibles for physical damage coverage bumps up the cost to $1,356
• Drivers with multiple violations and an at-fault accident could pay around $2,496
• Policy cost that insures a teen driver can cost $4,650 or more

View Chart as Image

Insurance rates for a Chevrolet Silverado 3500HD also range considerably based on the trim level and model year, your age and driving record, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you are probably paying anywhere from $1,400 to $2,000 extra every year, depending on your age. Insurance for high-risk drivers can be anywhere from 43% to 134% more than average. View High Risk Driver Rates

More mature drivers with a clean driving record and higher comprehensive and collision deductibles could pay as little as $1,100 a year, or $92 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records can expect to pay in the ballpark of $4,600 a year. View Rates by Age

Your home state has a huge impact on Chevrolet Silverado 3500HD insurance rates. A driver around age 40 might see rates as low as $760 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,570 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing high deductibles could cut rates by as much as $300 each year, whereas increasing liability limits will push rates upward. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $426 more per 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 More Affordable Chevrolet Silverado 3500HD Insurance

Finding cheaper rates on Chevrolet Silverado 3500HD insurance requires avoiding accidents and violations, having above-average credit, being claim-free, and possibly raising deductibles. Shop around every other policy renewal by getting quotes from direct insurance companies, and also from your local car insurance providers.

The list below is a summary of the ideas that were touched on in the above illustrations.

• Teenagers are expensive to insure, possibly costing $388 each month if full coverage is included
• High-risk drivers who have multiple accidents or major violations could be charged and average of $1,330 more per year for car insurance
• Increasing comprehensive and collision deductibles can save approximately $300 each year
• It is possible to save around $130 per year just by quoting online in advance