Chevrolet Silverado 3500HD Insurance Rates

Estimated insurance rates for a Chevrolet Silverado 3500HD are $1,200 a year with full coverage. Comprehensive costs an estimated $212 a year, collision costs $274, and liability costs $534. Liability-only coverage costs as little as $588 a year, with high-risk coverage costing around $2,580. Teenage drivers pay the most at $4,768 a year or more.

Average premium for full coverage: $1,200

Premium estimates broken down by type of coverage:

Rate estimates include $500 physical damage insurance deductibles, 30/60 liability limits, and includes medical and uninsured motorist coverage. Rates include averaging for all U.S. states and Silverado 3500HD trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location can make a big difference on car insurance rates. More rural locations are statistically proven to have lower incidents of collision claims than densely populated cities.

The diagram below illustrates how geographic area affects insurance prices.

These rate differences demonstrate why it is important to compare rates for a targeted area, instead of making a decision based on average rates.

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

Detailed Rate Analysis

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

• The best discount rate is $726
• Drivers who choose higher $1,000 deductibles will pay approximately $1,090 annually
• The estimated price for a 40-year-old good driver who has $500 deductibles is $1,200
• Using low $100 deductibles for comprehensive and collision insurance bumps up the cost to $1,412
• Drivers who are prone to accidents and violations could pay up to $2,580 or more
• An auto insurance policy that insures a 16-year-old driver can cost as much as $4,768 a year

View Chart as Image

Insurance prices for a Chevrolet Silverado 3500HD also have a wide range based on the trim level of your Silverado 3500HD, your age and driving habits, and liability limits and deductibles.

If you have a few violations or you caused an accident, you may be forking out $1,400 to $2,000 extra annually, depending on your age. A high-risk auto insurance policy can cost from 42% to 130% more than a normal policy. View High Risk Driver Rates

Older drivers with a clean driving record and higher comprehensive and collision deductibles may pay as low as $1,100 per year on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records can expect to pay at least $4,700 a year. View Rates by Age

Where you choose to live makes a big difference in Chevrolet Silverado 3500HD insurance prices. A 40-year-old driver could pay as low as $870 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,620 on average in New York, Michigan, and Florida.

View Chart as Image

Using high physical damage deductibles could save up to $330 annually, while buying higher liability limits will increase premiums. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $426 more per year. View Rates by Deductible or Liability Limit

With such a large range in prices, the best way to find out which insurance company is cheapest is to get quotes from multiple companies. Every company uses a different method to calculate prices, so the 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 Find the Best Chevrolet Silverado 3500HD Insurance

Finding better rates on insurance for a Chevrolet Silverado 3500HD not only requires being a low-risk driver, but also having above-average credit, being claim-free, and taking advantage of discounts. Compare prices at every policy renewal by quoting rates from direct companies, and also from insurance agencies where you live.

The items below are a brief recap of the data presented in the illustrations above.

• Insureds who want more liability coverage will pay an extra $590 every year to go from 30/60 bodily injury limits to the 250/500 level
• You may be able to save approximately $140 per year simply by quoting early and online
• Increasing policy deductibles can save approximately $325 each year
• Teen drivers are charged the highest prices, possibly costing $397 per month if full coverage is included