Chevrolet Silverado 3500HD Insurance Rates

The average auto insurance rates for a Chevrolet Silverado 3500HD are $1,164 annually with full coverage. Comprehensive insurance costs on average $200, collision insurance costs $250, and liability costs $534. Liability-only coverage costs as little as $588 a year, and high-risk coverage costs $2,496 or more. 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:

These estimates include $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes both medical and UM/UIM coverage. Prices are averaged for all U.S. states and for different Silverado 3500HD trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can have significant affects on auto insurance rates. Rural areas are shown to have fewer collision claims than larger metro areas. The price range example below illustrates how geographic area affects car insurance rates.

The examples above demonstrate why anyone shopping for car insurance should compare rates based on a specific location and their own personal driving habits, instead of using price averages.

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

Rate Comparisons

The chart below details average Chevrolet Silverado 3500HD insurance rates for different risk profiles and scenarios.

• The lowest rate with discounts is $706
• Drivers who choose higher $1,000 deductibles will pay around $104 annually
• The estimated rate for a good driver age 40 with $500 deductibles is $1,164
• Choosing more expensive low deductibles for comprehensive and collision insurance costs an additional $192 every year
• Higher-risk drivers with multiple violations and an at-fault accident could pay upwards of $2,496
• Policy cost with full coverage for a teen driver with full coverage may cost $4,650 a year

View Chart as Image

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

An older driver with no violations or accidents and high physical damage deductibles may pay as little as $1,100 per year on average, or $92 per month, for full coverage. Rates are highest for teenagers, where even without any violations or accidents they should be prepared to pay upwards of $4,600 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you may be forking out at a minimum $1,400 to $2,000 additional every year, depending on your age. High-risk driver insurance can cost as much as 43% to 134% more than average. View High Risk Driver Rates

Choosing high deductibles could save up to $300 every year, while increasing your policy's liability limits will cost you more. Moving from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $426 more each year. View Rates by Deductible or Liability Limit

Your home state makes a big difference in Chevrolet Silverado 3500HD insurance prices. A 40-year-old driver could pay as low as $840 a year in states like New Hampshire, Ohio, and Utah, or as much as $1,570 on average in Florida, Michigan, 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 cheaper rates on car insurance not only requires having a decent driving record, but also having good credit, not filing small claims, and dropping full coverage on older vehicles. Invest the time to compare rates at least once a year by requesting rates from direct companies like Progressive, GEICO, and Esurance, and also from local independent and exclusive agents.

The following items are a brief summary of the primary concepts that were presented in the illustrations above.

• You may be able to save as much as $130 per year just by shopping early and online
• Higher risk drivers that tend to have accidents or serious violations pay an average of $1,330 more each year than a driver with a clean driving record
• Increasing comprehensive and collision deductibles could save up to $300 each year
• 16 to 18-year-old drivers pay higher rates, as much as $388 each month if they have full coverage