Chevrolet Silverado 3500HD Insurance Rates

Estimated insurance prices for a Chevrolet Silverado 3500HD are $1,164 every 12 months including full coverage. Comprehensive insurance costs an estimated $200 each year, collision costs $250, and liability coverage is estimated at $534. Liability-only insurance costs approximately $588 a year, with high-risk driver insurance costing $2,496 or more. Teenage drivers pay the most at $4,650 a year or more.

Average premium for full coverage: $1,164

Premium estimates broken down by type of coverage:

Estimates include $500 deductible amounts, bodily injury liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Rates include averaging for all 50 U.S. states and Silverado 3500HD models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city has a large influence on the price of auto insurance. More rural locations are statistically proven to have more infrequent comprehensive and collision claims than densely populated cities.

The graphic below illustrates how your location can change insurance prices.

These rate differences highlight why all drivers should get quotes for a targeted area and their own driving history, rather than using average rates.

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

Additional Rate Analysis

The chart below breaks down estimated Chevrolet Silverado 3500HD insurance rates for other coverage scenarios.

• The best discount rate is $706
• Choosing higher $1,000 deductibles can save approximately $104 every year
• The average price for a 40-year-old good driver who has $500 deductibles is $1,164
• Using low deductibles for comp and collision coverage costs an extra $192 each year
• Drivers who are prone to accidents and violations could pay up to $2,496 or more
• An auto insurance policy to insure a teenage driver can cost as much as $4,650 each year

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

Using high physical damage deductibles can save as much as $300 a year, whereas increasing liability limits will increase premiums. Changing from a 50/100 liability limit to a 250/500 limit will cost up to $426 more each year. View Rates by Deductible or Liability Limit

More mature drivers with no violations or accidents and higher deductibles may only pay around $1,100 annually on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers should be prepared to pay at least $4,600 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you are likely paying $1,400 to $2,000 additional annually, depending on your age. Insurance for high-risk drivers ranges around 43% to 134% more than a normal policy. View High Risk Driver Rates

Where you choose to live plays a big part in determining prices for Chevrolet Silverado 3500HD insurance rates. A good driver about age 40 could pay as low as $890 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,660 on average in Louisiana, New York, and Michigan.

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With such a large range in prices, the best way to figure out which insurance company is cheapest is to do a rate comparison and see how they stack up. Each auto insurer uses a different method to calculate prices, and prices will be substantially 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 Shop for Low Cost Chevrolet Silverado 3500HD Insurance

Finding better rates on auto insurance takes having a good driving record, having above-average credit, refrain from filing small claims, and maximizing policy discounts. Invest the time to shop around every other policy renewal by getting quotes from direct car insurance companies, and also from local insurance agencies.

The next list is a review of the ideas that were illustrated above.

• Drivers age 20 and younger are expensive to insure, with the cost nearing $388 per month if full coverage is included
• Drivers who have several accidents or serious violations may have to pay on average $1,330 more annually to buy Chevrolet Silverado 3500HD insurance
• Increasing policy deductibles could save as much as $300 each year
• You may be able to save approximately $130 per year simply by quoting online in advance