Chevrolet Silverado 3500HD Insurance Rates

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

Average premium for full coverage: $1,164

Premium estimates broken down by type of coverage:

Rates are based on $500 physical damage insurance deductibles, liability coverage up to 30/60, and includes uninsured motorist and medical coverage. Rates include averaging for all 50 states and for all Silverado 3500HD models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city can have significant affects on the price of insurance. More rural locations are statistically proven to have a lower frequency of physical damage claims than larger metro areas. The example below illustrates how rural and urban location affects insurance prices.

These rate differences illustrate why everyone should get quotes for a targeted area and risk profile, instead of using price averages.

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

Additional Rate Information

The chart below illustrates average Chevrolet Silverado 3500HD insurance rates for other coverage scenarios.

• The lowest rate with discounts is $706
• Choosing higher $1,000 deductibles can save approximately $104 each year
• The average rate for a 40-year-old good driver who has $500 deductibles is $1,164
• Choosing pricier low deductibles for comp and collision coverage will cost an extra $192 every year
• Unlucky drivers with multiple violations and an at-fault accident could pay up to $2,496
• An auto insurance policy for full coverage for a teen driver for full coverage can cost as much as $4,650 each year

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Auto insurance prices for a Chevrolet Silverado 3500HD also have a wide range based on your driving characteristics, the model year and trim level, and liability limits and deductibles.

A more mature driver with a good driving record and high deductibles may pay as little as $1,100 annually on average, or $92 per month, for full coverage. Prices are highest for drivers in their teens, where even good drivers will have to pay at least $4,600 a year. View Rates by Age

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

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Choosing high deductibles can save as much as $300 every year, whereas buying more liability protection will increase premiums. Switching from a 50/100 limit to a 250/500 limit will cost up to $426 extra every year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you are probably paying $1,400 to $2,000 in extra premium annually, depending on your age. Chevrolet Silverado 3500HD insurance for high-risk drivers ranges as much as 43% to 134% more than average. View High Risk Driver Rates

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 Cheap Chevrolet Silverado 3500HD Insurance

Finding better rates on car insurance takes being a low-risk driver, having good credit, paying for small claims out-of-pocket, and consideration of higher deductibles. Set aside time to shop around every time your policy renews by getting rate quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The items below are a quick review of the information raised in the charts and tables above.

• It is possible to save approximately $130 per year just by quoting online well ahead of the renewal date
• Teen drivers are the costliest to insure, with premiums being up to $388 per month if they have full coverage
• Increasing policy deductibles can save around $300 each year
• Higher risk drivers with a DUI or reckless driving violation pay on average $1,330 more annually to insure their Silverado 3500HD
• Policyholders who want more liability coverage will pay about $590 annually to raise limits from 30/60 bodily injury limits to 250/500 limits