View 2002 Chevrolet Silverado 2500HD Car Insurance Rates

Want the cheapest insurance rates for your Chevrolet Silverado 2500HD? Are you at wits end from robbing Peter to pay Paul to pay high insurance rates every month? You’re in the same situation as the majority of other people.

Because there are so many choices of insurance companies, it can be diffult for drivers to find the lowest price insurance company.

The quickest way to compare car insurance rates is to realize most insurance companies will pay a fee to give rate comparisons. To get started, all you need to do is provide details such as driver details, if you lease or own, the type of vehicles you drive, and daily mileage. Those rating factors gets sent immediately to multiple companies and they return cost estimate immediately.

To compare rates for your 2002 Chevy Silverado 2500HD now, click here and find out if lower rates are available.

Auto insurance discounts help slash rates

Insuring your vehicles can cost a lot, but you may find discounts that may help make it more affordable. Most are applied at the time you complete a quote, but lesser-known reductions have to be asked about in order for you to get them.

  • Life Insurance Discount – Not every insurance company offers life insurance, but if they do you may earn lower prices if you buy some life insurance in addition to your auto policy.
  • Discount for New Cars – Putting insurance coverage on a new car can save you some money since newer models are generally safer.
  • Employee of Federal Government – Active or former government employment could qualify for a slight premium decrease on SilveradoHD insurance with certain companies.
  • Low Mileage – Driving less could qualify for slightly better rates than normal.
  • Good Student Discount – A discount for being a good student could provide a savings of up to 20% or more. This discount can apply until age 25.
  • Sign Early and Save – Some companies provide a discount for renewing your policy prior to your current policy expiration. This discount can save up to 10%.
  • Multi-car Discount – Purchasing coverage when you have more than one vehicle on one policy can reduce rates for all insured vehicles.
  • Telematics Discount – People who choose to allow driving data submission to analyze driving habits by using a telematics device in their vehicle like Drivewise from Allstate or In-Drive from State Farm might get better premium rates as long as the data is positive.
  • Anti-lock Brakes – Cars, trucks, and SUVs with ABS braking systems or traction control can stop better under adverse conditions so companies give up to a 10% discount.

Just know that most discount credits are not given to the overall cost of the policy. Some only reduce specific coverage prices like physical damage coverage or medical payments. So even though they make it sound like you can get free auto insurance, companies don’t profit that way. Any qualifying discounts should help reduce your overall bill.

A few of the larger companies and a partial list of their discounts are:

  • Mercury Insurance may have discounts that include age of vehicle, accident-free, good driver, anti-theft, and location of vehicle.
  • Farmers Insurance has discounts for good student, electronic funds transfer, distant student, early shopping, and youthful driver.
  • Farm Bureau offers discounts for safe driver, good student, 55 and retired, multi-policy, youthful driver, and driver training.
  • State Farm may offer discounts for anti-theft, good student, multiple policy, good driver, passive restraint, safe vehicle, and multiple autos.
  • Allstate offers discounts including teenSMART discount, FullPay discount, auto/life discount, premier plus, early signing, and premier discount.
  • GEICO may include discounts for federal employee, emergency military deployment, driver training, five-year accident-free, defensive driver, and multi-vehicle.

If you need cheap auto insurance quotes, ask all companies you are considering to apply every possible discount. Some of the earlier mentioned discounts might not be offered in your state.

Which is the best car insurance?

When it comes to choosing adequate coverage for your personal vehicles, there isn’t really a perfect coverage plan. Everyone’s needs are different so your insurance needs to address that. For example, these questions might help in determining whether you might need professional guidance.

  • Am I covered when driving in Canada or Mexico?
  • Does my policy cover me when driving someone else’s vehicle?
  • Do I have newly-aquired coverage?
  • Should I buy additional glass protection?
  • Why am I required to buy liability insurance?
  • Which is better, split liability limits or combined limits?
  • What is the minimum liability in my state?
  • Do I have coverage for damage caused while driving under the influence?
  • Why do I only qualify for high-risk insurance?

If it’s difficult to answer those questions then you might want to talk to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies.

Save money with these tips

The best way to find cheaper insurance coverage is to take a look at some of the elements that help calculate your insurance coverage rates. When you understand what determines premiums, this empowers consumers to make smart changes that will entitle you to lower rates.

  • Insurance companies don’t like frequent insurance coverage claims – Companies provide discounts to people who file claims infrequently. If you are the type of insured that files lots of claims you can pretty much guarantee higher rates. Your insurance policy is designed for claims that you cannot pay yourself.
  • Save money by raising deductibles – Deductibles for physical damage tell how much you are required to spend if a covered claim is submitted. Protection for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Some coverage claims would be rearending another vehicle, damage caused by hail, and damage caused by road hazards. The more damage repair cost you have to pay, the lower your rates will be on SilveradoHD insurance.
  • Cars with good safety ratings save money – Safer cars tend to have lower insurance rates. Safer cars protect occupants better and fewer injuries means lower claim amounts which can result in lower premiums.
  • You might pay higher premiums if you are single – Getting married actually saves money on your insurance coverage bill. Having a significant other is viewed as being more responsible and insurance companies reward insureds because married drivers tend to have fewer serious accidents.
  • Your liability limits – The liability coverage on your policy will protect you if you are determined to be liable for an accident. Your liability coverage provides legal defense coverage to defend your case. Liability insurance is pretty cheap when compared with rates for comp and collision, so do not cut corners here.

Advertising and car insurance

Car insurance companies such as Progressive, GEICO, Allstate and State Farm constantly bombard you with ads in print and on television. They all seem to seem to make the promise about savings after switching to their company. Is it even possible that every company can charge you less for auto insurance? It’s all in the numbers.

Insurance companies quote the lowest rates for the type of driver that earns them the highest profit. One example of a driver they prefer may need to be between the ages of 30 and 50, has few claims, and drives newer vehicles. Any customer who meets those qualifications gets the lowest rates and will most likely save a lot if they switch.

Consumers who are not a match for those standards may be required to pay a higher premium and the customer not buying. The ads state “people who switch” not “all people who quote” save that much when switching. That is how companies can truthfully make claims that they all have the best auto insurance rates. This illustrates why you absolutely need to compare price quotes frequently. It is impossible to predict with any certainty which company will have the best rates.

Auto insurance coverages explained

Understanding the coverages of a auto insurance policy helps when choosing the right coverages and proper limits and deductibles. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy. Below you’ll find typical coverage types offered by auto insurance companies.

Comprehensive coverage

This covers damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as hitting a bird, theft, vandalism, damage from getting keyed and rock chips in glass. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Liability coverage

Liability insurance provides protection from damage or injury you incur to a person or their property that is your fault. This insurance protects YOU against claims from other people, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 100/300/100 that translate to $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for things like emergency aid, medical services, loss of income and repair bills for other people’s vehicles. How much coverage you buy is your choice, but buy as much as you can afford.

Collision protection

Collision insurance pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers claims like hitting a mailbox, crashing into a building and scraping a guard rail. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Chevy Silverado 2500HD.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses for things like ambulance fees, chiropractic care and funeral costs. They can be utilized in addition to your health insurance program or if there is no health insurance coverage. They cover both the driver and occupants and also covers being hit by a car walking across the street. PIP is not available in all states but can be used in place of medical payments coverage

Better coverage you can count on

Cheaper 2002 Chevy Silverado 2500HD insurance is possible on the web and also from your neighborhood agents, so you should compare both to have the best chance of lowering rates. Some insurance coverage companies may not provide price quotes online and usually these smaller providers provide coverage only through local independent agents.

We just showed you a lot of tips how to shop for 2002 Chevy Silverado 2500HD insurance online. It’s most important to understand that the more companies you get car insurance rates for, the better likelihood of getting inexpensive auto insurance. You may even discover the biggest savings come from some of the smallest insurance companies. Regional companies may only write in your state and offer lower car insurance rates compared to the large companies like Allstate and Progressive.

As you prepare to switch companies, it’s very important that you do not reduce coverage to reduce premium. There have been many situations where an accident victim reduced liability limits or collision coverage only to discover later that saving that couple of dollars actually costed them tens of thousands. The goal is to buy the best coverage you can find at the lowest possible cost.

Much more information about insurance coverage is located at the links below