Chevrolet Silverado 3500HD Insurance Rates

The average insurance rates for a Chevrolet Silverado 3500HD are $1,164 a year including full coverage. Comprehensive costs around $200, collision costs $250, and liability coverage costs $534. A liability-only policy costs as little as $588 a year, with high-risk insurance costing around $2,496. Teenage drivers cost the most to insure at $4,650 a year or more.

Average premium for full coverage: $1,164

Policy rates for type of insurance:

Prices are based on $500 physical damage insurance deductibles, 30/60 liability limits, and includes uninsured motorist and medical coverage. Prices are averaged for all 50 U.S. states and for different Silverado 3500HD trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on the price of insurance. Areas with sparse population are shown to have a lower frequency of comprehensive and collision claims than densely populated cities.

The price range example below illustrates the difference between rural and urban areas on auto insurance rates.

The examples above highlight why anyone shopping for car insurance should compare rates for a specific zip code and risk profile, rather than using average rates.

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

Additional Rate Information

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

• The best discount rate is $706
• Drivers who choose higher $1,000 deductibles will pay about $104 every year
• The average rate for a good driver age 40 using $500 deductibles is $1,164
• Using more expensive low deductibles for comprehensive and collision insurance will increase the cost to $1,356
• High-risk insureds who are prone to accidents and violations could pay at least $2,496 or more
• Policy cost for full coverage for a teenage driver with full coverage can be $4,650 a year

View Chart as Image

Car insurance rates for a Chevrolet Silverado 3500HD also range considerably based on your risk profile, the model of your Silverado 3500HD, and deductibles and policy limits.

An older driver with no driving violations and high deductibles may only pay around $1,100 per year on average, or $92 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will be charged as much as $4,600 a year. View Rates by Age

Your home state makes a big difference in Chevrolet Silverado 3500HD insurance rates. A 40-year-old driver could pay 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 save up to $300 a year, while increasing your policy's liability limits will increase rates. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $426 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying at least $1,400 to $2,000 extra every year, depending on your age. High-risk driver insurance can cost around 43% to 134% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out your exact price is to compare rates and see how they stack up. Every company uses a different method to calculate rates, so rate quotes will be varied from one company to the next.

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 Affordable Chevrolet Silverado 3500HD Insurance

Finding cheaper rates on auto insurance not only requires being a low-risk driver, but also having above-average credit, paying for small claims out-of-pocket, and qualifying for all possible discounts. Set aside time to compare rates at every policy renewal by requesting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The items below are a brief review of the data covered above.

• Consumers who may need more liability coverage will pay an extra $590 per year to go from a 30/60 limit to 250/500 limits
• You may be able to save up to $130 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles can save around $300 each year
• Teen drivers are the costliest to insure, with premiums being up to $388 each month if full coverage is included