Chevrolet Silverado 3500HD Insurance Rates

Average insurance rates for a Chevrolet Silverado 3500HD are $1,164 a year with full coverage. Comprehensive costs approximately $200, collision costs $250, and liability is estimated at $534. A policy with just liability insurance costs approximately $588 a year, with coverage for high-risk drivers costing around $2,496. Teens receive the highest rates at $4,650 a year or more.

Average premium for full coverage: $1,164

Rate estimates by individual coverage type:

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

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can have significant affects on the price of insurance. Rural locations tend to have a lower frequency of collision claims than cities with more traffic congestion.

The price range example below illustrates how location impacts auto insurance prices.

These examples demonstrate why anyone shopping for car insurance should get quotes using their specific location and risk profile, instead of using averaged prices.

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

Rate Comparisons

The chart below details estimated Chevrolet Silverado 3500HD insurance rates for additional coverage and risk scenarios.

• The cheapest rate after discounts is $706
• Choosing higher $1,000 deductibles can save $104 annually
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,164
• Selecting more expensive low deductibles for comp and collision coverage will increase the cost to $1,356
• Unlucky drivers with serious driving violations could pay around $2,496 or more
• The cost for full coverage for a teen driver with full coverage can cost $4,650 each year

View Chart as Image

Insurance rates for a Chevrolet Silverado 3500HD can also vary considerably based on your driver profile, the trim level and model year, and physical damage deductibles and liability limits.

An older driver with no violations or accidents and high deductibles may pay as little as $1,100 annually on average for full coverage. Rates are much higher for teen drivers, where even good drivers should be prepared to pay in the ballpark of $4,600 a year. View Rates by Age

Where you 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 $840 a year in states like Utah, Ohio, and New Hampshire, or have to pay at least $1,570 on average in New York, Michigan, and Florida.

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Choosing higher comprehensive and collision insurance deductibles can save as much as $300 every year, while increasing your policy's liability limits will push rates upward. Moving from a 50/100 limit to a 250/500 limit will cost as much as $426 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you may be forking out anywhere from $1,400 to $2,000 additional per year, depending on your age. High-risk driver insurance ranges as much as 43% to 134% more than the average policy. View High Risk Driver Rates

With so much variability in rates, the best way to find out who has the cheapest auto insurance rates is to compare rates and see which company has the best rate. Each auto insurer calculates rates differently, and rates can be significantly different 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 the Best Chevrolet Silverado 3500HD Insurance

Saving money on car insurance takes having a decent driving record, having a good credit history, eliminating unnecessary coverage, and qualifying for all possible discounts. Spend time shopping around every year by requesting quotes from direct companies like GEICO and Progressive, and also from several local insurance agents.

The following items are a brief recap of the coverage data touched on above.

• You may be able to save around $130 per year simply by shopping early and online
• Increasing deductibles can save around $300 each year
• 16 to 18-year-old drivers are the costliest to insure, with premiums as much as $388 per month including comprehensive and collision insurance
• Higher risk drivers who tend to receive serious violations pay on average $1,330 more per year than a driver with a clean driving record