Lower Your 1999 Chevrolet Silverado 1500 Insurance Cost

Trying to find cheaper car insurance rates for your Chevrolet Silverado 1500? Nobody I know looks forward to paying premiums for car insurance, in particular when their premiums are through the roof.

Due to the abundance of choices, it can be hard to choose the best car insurance provider.

Buying car insurance is not rocket science. In a nutshell, everyone who is required by state law to have insurance stands a good chance to be able to reduce their rates. Nevertheless, consumers can benefit by having an understanding of the way insurance companies price online insurance.

Compare free auto insurance quotes

When looking for affordable insurance coverage quotes, there are a couple ways to compare rate quotes from many auto insurance companies in your state. One of the best ways to find the cheapest 1999 Chevy Silverado 1500 insurance rates is to perform an online rate comparison. This is quite simple and can be completed using a couple different methods.

Without a doubt, the easiest way to get quotes would be an industry-wide quote request form like this one (opens in new window). This easy form prevents you from having to do separate quotation requests for each price estimate. One form submission gets coverage cost estimates instantly.

A harder way to get comparison quotes requires a visit to the website of each company to complete a price quote. For example, let’s say you want rates from Progressive, Farmers and Allstate. You would need to spend time going to each site individually and punch in your information repeatedly, which is why the first method is more popular.

For a list of companies in your area, click here.

The least recommended way of comparing rate quotes is actually driving to each insurance agency near you. Quoting online makes this process obsolete unless you want the professional assistance that can only be provided by a licensed insurance agent. Drivers can compare the best prices online but still have the advice of a local agent.

The approach you take is up to you, just make absolute certain that you use apples-to-apples information on every price quote you get. If you compare different liability limits it will be very difficult to get a fair rate comparison. Even a minor difference in insurance coverages can mean a large discrepancy in price. And when quoting auto insurance, remember that making a lot of price comparisons will enable you to find a better price. Some regional insurers cannot provide rate quotes online, so you need to compare prices from those companies as well.

Don’t overlook these insurance coverage discounts

Companies that sell car insurance don’t always list every policy discount in a way that’s easy to find, so we break down both the well known in addition to some of the lesser obvious discounts that you may qualify for. If you do not check that you are getting every discount possible, you’re paying more than you need to.

  • Discount for Low Mileage – Low annual miles can qualify you for discounted prices on garaged vehicles.
  • Theft Deterent Discount – Cars, trucks, and SUVs optioned with advanced anti-theft systems can help prevent theft and will qualify for a discount on a insurance coverage quote.
  • Savings for New Vehicles – Buying insurance on a new vehicle can be considerably cheaper because newer models are generally safer.
  • Auto/Home Discount – If you combine your auto and homeowners policies with the same insurance company you could save at least 10% off all policies.
  • Use Seat Belts – Using a seat belt and requiring all passengers to use a seat belt can save a little off PIP or medical payments premium.

As a disclaimer on discounts, most discount credits are not given to the entire policy premium. The majority will only reduce the cost of specific coverages such as comprehensive or collision. Despite the fact that it seems like it’s possible to get free car insurance, that’s just not realistic.

A list of insurance coverage companies and their offered discounts are detailed below.

  • American Family may have discounts that include mySafetyValet, Steer into Savings, defensive driver, bundled insurance, multi-vehicle, air bags, and good driver.
  • State Farm offers discounts including multiple autos, anti-theft, driver’s education, multiple policy, student away at school, Drive Safe & Save, and Steer Clear safe driver discount.
  • 21st Century may offer discounts for anti-lock brakes, theft prevention, homeowners, 55 and older, and driver training.
  • Travelers policyholders can earn discounts including multi-policy, multi-car, home ownership, continuous insurance, student away at school, and payment discounts.
  • GEICO offers premium reductions for defensive driver, military active duty, good student, membership and employees, daytime running lights, and multi-policy.

When comparing rates, check with all companies you are considering which discounts they offer. Depending on the company, some discounts might not be available to policyholders in your area.

When to get professional advice

When buying coverage, there isn’t really a perfect coverage plan. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. Here are some questions about coverages that might point out whether you might need an agent’s assistance.

  • What is the minimum liability in my state?
  • Is my teen driver covered when they drive my company car?
  • Can I rate high risk drivers on liability-only vehicles?
  • What happens if I owe more than my 1999 Chevy Silverado 1500 is worth?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Is a new car covered when I drive it off the dealer lot?
  • Is my nanny covered when driving my vehicle?

If it’s difficult to answer those questions then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area.

Information about specific coverages

Having a good grasp of insurance helps when choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. Listed below are the normal coverages found on the average insurance policy.

Collision coverage – Collision coverage covers damage to your Silverado 1500 caused by collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like driving through your garage door, backing into a parked car, colliding with another moving vehicle, hitting a mailbox and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Another option is to bump up the deductible in order to get cheaper collision rates.

Medical expense coverage – Med pay and PIP coverage reimburse you for expenses for nursing services, doctor visits and prosthetic devices. They are used in conjunction with a health insurance program or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Comprehensive protection – Comprehensive insurance will pay to fix damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as a broken windshield, hail damage, hitting a bird and vandalism. The maximum amount a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Uninsured or underinsured coverage – Your UM/UIM coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as damage to your Chevy Silverado 1500.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.

Auto liability insurance – Liability insurance provides protection from injuries or damage you cause to people or other property by causing an accident. This coverage protects you from legal claims by others, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability can pay for claims such as legal defense fees, funeral expenses, medical services, medical expenses and court costs. The amount of liability coverage you purchase is your choice, but consider buying as much as you can afford.