2020 Chevrolet Silverado HD 3500 Car Insurance Calculator

Learn how choices you make impact the insurance cost for a 2020 Chevrolet Silverado HD 3500. Experiment with factors like your marital status, location, homeowner status, and credit rating. Instantly know if the option you change raises or lowers your rate.

The average estimated car insurance premium for a 2020 Chevrolet Silverado HD 3500 is $2,282 per year, or about $190 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$2,282

Cost Per Month

$190

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

Chevrolet Silverado HD 3500 Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a 2020 Chevrolet Silverado HD 3500.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$2,282
Average Rate
Your Rate
$2,282

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

The 'Average Rate' is a combined value for all 2020 Chevrolet Silverado HD 3500 trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2020 Chevrolet Silverado HD 3500 is $2,282.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2020 Chevrolet Silverado HD 3500 Segment Comparison

The table below compares insurance rates for the 2020 Chevrolet Silverado HD 3500 against all other models in the heavy duty truck segment. The Chevrolet Silverado HD 3500 is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the Chevrolet Silverado HD 3500, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Chevrolet Silverado HD 3500.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2020 Chevrolet Silverado HD 3500 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Chevrolet Silverado HD 3500$2,282--
2Nissan Titan XD$2,292$10
3GMC Sierra 2500 HD$2,384$102
4Chevrolet Silverado HD 2500$2,394$112
2020 Heavy Duty Truck Average$2,431$149
5GMC Sierra 3500$2,452$170
6Ford F350 Super Duty$2,456$174
7Ford F250 Super Duty$2,472$190
8Ram Truck 2500$2,478$196
9Ford F450 Super Duty$2,540$258
10Ram Truck 3500$2,556$274

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2020 Silverado HD 3500 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2020 Chevrolet Silverado HD 3500.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2020 Chevrolet Silverado HD 3500 Insurance Rates by Trim Level
2020 Chevrolet Silverado HD 3500 Trim Level Annual Premium Cost Per Month
WT Regular Cab 4WD$2,086$174
LT Regular Cab 4WD$2,146$179
WT Crew Cab 4WD$2,146$179
WT Double Cab 4WD$2,146$179
LT Crew Cab 4WD$2,210$184
LT Double Cab 4WD$2,210$184
WT Regular Cab 2WD$2,260$188
LTZ Crew Cab 4WD$2,272$189
LT Regular Cab 2WD$2,320$193
WT Crew Cab 2WD$2,320$193
WT Double Cab 2WD$2,320$193
High Country Crew Cab 4WD$2,376$198
LT Crew Cab 2WD$2,428$202
LT Double Cab 2WD$2,428$202
LTZ Crew Cab 2WD$2,550$213

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2020 Chevrolet Silverado HD 3500 for different driver ages.

2020 Chevrolet Silverado HD 3500 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$8,361$697
17$8,061$672
18$7,149$596
19$6,525$544
20$4,965$414
21$4,734$395
22$4,221$352
23$3,478$290
24$3,277$273
25$2,650$221
30$2,428$202
35$2,348$196
40$2,282$190
45$2,142$179
50$2,030$169
55$1,894$158
60$1,902$159
65$2,030$169
70$2,212$184
75$2,632$219
80$3,258$272

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all Chevrolet Silverado HD 3500 trim levels.