Chevrolet Silverado 3500HD Insurance Rates

U.S. average insurance rates for a Chevrolet Silverado 3500HD are $1,164 a year for full coverage insurance. Comprehensive costs around $200 each year, collision costs $250, and liability coverage costs around $534. Liability-only coverage costs as low as $588 a year, with high-risk coverage costing around $2,496. 16-year-old drivers pay the highest rates at $4,650 a year or more.

Average premium for full coverage: $1,164

Price estimates for individual coverage:

These estimates include $500 policy deductibles, split liability limits of 30/60, and includes medical and UM/UIM coverage. Estimates are averaged for all 50 states and Silverado 3500HD models.

Price Range from Low to High

Geographic Price Range

Where you live has a large influence on car insurance rates. Areas with sparse population have lower incidents of physical damage claims than congested cities.

The graphic below illustrates the effect of geographic area on auto insurance rates.

The ranges above illustrate why all drivers should compare prices for a specific zip code, rather than using rate averages.

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

More Rate Details

The chart below illustrates estimated Chevrolet Silverado 3500HD insurance rates for additional coverage choices and driver risks.

• The best full coverage rate is $706
• Using higher $1,000 deductibles will save about $104 each year
• The estimated price for the average middle-age driver using $500 deductibles is $1,164
• Buying low deductibles for physical damage coverage bumps up the cost to $1,356
• Higher-risk drivers with multiple tickets or accidents could pay at least $2,496 or more
• The price that insures a teenage driver can be $4,650 or more

View Chart as Image

Auto insurance prices for a Chevrolet Silverado 3500HD are also quite variable based on the trim level and model year, your age and driving record, and deductibles and policy limits.

If you have some driving violations or you caused an accident, you are probably paying at least $1,400 to $2,000 in extra premium each year, depending on your age. Insurance for high-risk drivers can be around 43% to 134% more than the average rate. View High Risk Driver Rates

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

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

View Chart as Image

Opting for high physical damage deductibles could cut prices by as much as $300 a year, whereas increasing liability limits will increase prices. Switching 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 only way to figure out your exact price is to do a rate comparison and see how they stack up. Each insurance company utilizes a different rate formula, 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 Cheap Chevrolet Silverado 3500HD Insurance

Getting lower rates on auto insurance requires being a good driver, maintaining a good credit score, not filing small claims, and maximizing policy discounts. Comparison shop at least once a year by getting quotes from direct insurance companies, and also from insurance agencies where you live.

The following list is a brief summary of the primary concepts that were covered in the above illustrations.

• It is possible to save up to $130 per year simply by quoting online in advance
• Drivers that tend to have accidents or serious violations could be forced to pay on average $1,330 more every year than a safer driver
• Increasing physical damage deductibles can save approximately $300 each year
• Drivers age 16 to 20 are expensive to insure, as much as $388 a month if the policy includes full coverage