Chevrolet Silverado 3500HD Insurance Rates

The average insurance prices for a Chevrolet Silverado 3500HD are $1,200 every 12 months for full coverage insurance. Comprehensive insurance costs around $212 each year, collision insurance costs $274, and liability costs around $534. Liability-only coverage costs as low as $588 a year, and high-risk coverage costs $2,580 or more. Teens cost the most to insure at up to $4,768 a year.

Average premium for full coverage: $1,200

Policy rates for type of insurance:

Full coverage includes $500 comprehensive and collision deductibles, liability coverage up to 30/60, and includes UM/UIM and medical coverage. Prices are averaged for all 50 states and Silverado 3500HD models.

Price Range Variability

Urban vs. Rural Price Range

Where you live can make a big difference on car insurance rates. Areas with sparse population are shown to have more infrequent physical damage claims than cities with more traffic congestion. The graphic below illustrates how location impacts auto insurance rates.

The examples above illustrate why all drivers should compare prices for a specific zip code and their own driving history, instead of making a decision based on averaged prices.

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

Rates by State, City, and Model

The chart below illustrates average Chevrolet Silverado 3500HD insurance rates for additional coverage choices and driver risks.

• The cheapest rate after discounts is $726
• Using higher $1,000 deductibles will save about $110 each year
• The average price for a good driver age 40 using $500 deductibles is $1,200
• Selecting low deductibles for physical damage coverage costs an extra $212 annually
• High-risk insureds with serious driving violations could pay at least $2,580
• Policy cost to insure a 16-year-old driver can be $4,768 or more

View Chart as Image

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

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $330 annually, whereas increasing liability limits will increase rates. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by 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 pay as low as $1,100 a year, or $92 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers should be prepared to pay as much as $4,700 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are probably paying at least $1,400 to $2,000 additional every year, depending on your age. Insurance for high-risk drivers can be from 42% to 130% more than the average policy. View High Risk Driver Rates

Your home state has a huge impact on Chevrolet Silverado 3500HD insurance prices. A driver around age 40 might see rates as low as $790 a year in states like Vermont, Wisconsin, and North Carolina, or have to pay at least $1,620 on average in Michigan, New York, and Florida.

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 Shop for More Affordable Chevrolet Silverado 3500HD Insurance

Finding cheaper rates on insurance for a Chevrolet Silverado 3500HD requires having a decent driving record, having above-average credit, being claim-free, and deciding if full coverage is necessary. Spend time shopping around every time your policy renews by requesting rates from direct insurance companies, and also from your local independent and exclusive agents.

The following items are a summary of the information touched on above.

• It is possible to save up to $140 per year just by quoting online in advance
• 16 to 18-year-old drivers are charged the highest rates, possibly costing $397 each month if full coverage is included
• Increasing comprehensive and collision deductibles could save as much as $325 each year
• Drivers considered higher risk who have multiple accidents or major violations may pay on average $1,380 more every year than a driver with a clean driving record
• Insureds who may need additional liability coverage will pay approximately $590 annually to increase from a 30/60 limit to a 250/500 level