Chevrolet Silverado 3500HD Insurance Rates

Average insurance rates for a Chevrolet Silverado 3500HD are $1,164 a year including full coverage. Comprehensive costs around $200 each year, collision insurance costs $250, and liability costs around $534. Buying just liability costs as low as $588 a year, and insurance for high-risk drivers costs around $2,496. Teenage drivers receive the highest rates at up to $4,650 a year.

Average premium for full coverage: $1,164

Rate estimates for individual coverage type:

Rate estimates include $500 deductibles, liability coverage up to 30/60, and includes uninsured/under-insured motorist coverage. Rates are averaged for all 50 U.S. states and Silverado 3500HD models.

Price Range by Coverage and Risk

Price Range by Location

Where you live can make a big difference on the price of insurance. Areas with sparse population tend to have lower incidents of comprehensive and collision claims than densely populated cities. The graphic below illustrates how location helps determine auto insurance rates.

These examples highlight why all drivers should compare prices for a specific zip code, instead of making a decision based on average rates.

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

More Rate Information

The chart below breaks down average Chevrolet Silverado 3500HD insurance rates for additional coverage choices and driver risks.

• The best discount rate is $706
• Using higher $1,000 deductibles will save about $104 every year
• The estimated price for a 40-year-old driver using $500 deductibles is $1,164
• Using 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 at least $2,496
• The cost that insures a 16-year-old driver can be $4,650 or more

View Chart as Image

Auto insurance rates for a Chevrolet Silverado 3500HD can also vary considerably based on the trim level and model year, your driving record and age, and deductibles and policy limits.

If you like to drive fast or you caused an accident, you are likely paying at least $1,400 to $2,000 in extra premium per year, depending on your age. Insurance for high-risk drivers can be from 43% to 134% more than a normal policy. View High Risk Driver Rates

More mature drivers with a good driving record and higher comprehensive and collision deductibles may pay as low as $1,100 a year for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records will have to pay as much as $4,600 a year. View Rates by Age

Where you live has a huge impact on Chevrolet Silverado 3500HD insurance prices. A driver around age 40 might see rates as low as $890 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,660 on average in Michigan, New York, and Louisiana.

View Chart as Image

Using high physical damage deductibles could cut rates by as much as $300 annually, whereas increasing liability limits will increase rates. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $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 the Best Chevrolet Silverado 3500HD Insurance

Saving money on insurance for a Chevrolet Silverado 3500HD requires not taking risks behind the wheel, maintaining a good credit score, not filing small claims, and possibly raising deductibles. Compare prices every time your policy renews by getting quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.

The following is a brief recap of the information covered in the charts and tables above.

• You may be able to save up to $130 per year just by quoting online in advance
• Teens are expensive to insure, as much as $388 per month if the policy includes full coverage
• Increasing deductibles can save approximately $300 each year
• Drivers considered higher risk who tend to receive serious violations may have to pay on average $1,330 more every year for Silverado 3500HD insurance
• Insureds who may need higher liability limits will pay an extra $590 per year to increase from a minimum limit to the 250/500 level