Cheap 2007 Chevrolet Silverado 1500 Classic Insurance Quotes

Looking for cheaper auto insurance rates for your Chevrolet Silverado 1500 Classic? If you are a novice to online auto insurance shopping, you can be baffled thanks to the huge assortment of online auto insurance companies and websites all advertising big savings.

Consumers need to do price comparisons before your policy renews because prices change quite often. If you had the best deal on Silverado Classic insurance on your last policy there is a good chance you can find better rate quotes now. Block out anything you think you know about auto insurance because I’m going to let you in on the secrets to one of the easiest ways to reduce your cost while improving coverage.

Don’t overlook these insurance discounts

Insurance is not inexpensive, but you might be missing out on some discounts that many consumers don’t even know exist. Certain credits will be shown when you complete an application, but a few must be asked about before you will receive the discount. If you’re not getting every credit you deserve, you’re just leaving money on the table.

  • Good Students Pay Less – Excelling in school can be rewarded with saving of up to 25%. Most companies allow this discount well after school through age 25.
  • Accident Forgiveness – This one is not really a discount per se, but some insurance companies will turn a blind eye to one accident before hitting you with a surcharge with the catch being you have to be claim-free before the accident.
  • Pay Early and Save – If you pay your bill all at once rather than spreading payments over time you could save 5% or more.
  • Senior Discount – Drivers over the age of 55 are able to get a discount up to 10% on Silverado Classic insurance.
  • Discount for New Cars – Buying a new car model can save up to 30% because new vehicles have to meet stringent safety requirements.
  • Government Employees – Having worked for a branch of the government can save as much as 8% on Silverado Classic insurance but check with your company.
  • Low Miles Discount – Low mileage vehicles may allow you to get lower rates on the low mileage vehicles.
  • Homeowners Pay Less – Owning a home may trigger a policy discount on insurance due to the fact that maintaining a home demonstrates responsibility.
  • Passive Restraints – Vehicles equipped with air bags or automatic seat belts can get savings of 20 to 30 percent.
  • Service Members Pay Less – Having a deployed family member could be rewarded with lower insurance rates.

A quick disclaimer, some of the credits will not apply to the entire cost. A few only apply to specific coverage prices like comprehensive or collision. If you do the math and it seems like you can get free auto insurance, companies wouldn’t make money that way.

A few popular companies and their offered discounts include:

  • Travelers has savings for IntelliDrive, hybrid/electric vehicle, student away at school, multi-policy, save driver, payment discounts, and good student.
  • 21st Century may include discounts for defensive driver, 55 and older, anti-lock brakes, air bags, good student, and driver training.
  • State Farm may offer discounts for good student, Drive Safe & Save, defensive driving training, Steer Clear safe driver discount, and student away at school.
  • GEICO includes discounts for five-year accident-free, multi-policy, emergency military deployment, federal employee, anti-lock brakes, daytime running lights, and membership and employees.
  • SAFECO may have discounts that include homeowner, anti-lock brakes, anti-theft, teen safe driver, accident prevention training, drive less, and teen safety rewards.
  • AAA discounts include good driver, pay-in-full, AAA membership discount, multi-policy, anti-theft, good student, and education and occupation.

If you need low cost insurance coverage quotes, ask each company or agent which credits you are entitled to. Some discounts listed above may not apply to policies in your area. If you would like to choose from a list of insurance companies that offer some of these discounts, follow this link.

How to get free insurance quotes online

The are a couple different ways to compare quotes from different companies. The recommended way to find affordable 2007 Chevy Silverado 1500 Classic insurance rates consists of shopping online. This can be accomplished in just a few minutes using one of these methods.

  • Hands down the most simple method to find low rates is a comparison rater form click here to open form in new window. This easy form eliminates the need for separate quotes for every company. A single form gets prices estimates from many national carriers. Just one form and you’re done.
  • A more difficult way to find better pricing requires a visit to the website of each company to request a price quote. For instance, we’ll assume you want to compare prices for Farmers, Liberty Mutual and State Farm. To find out each rate you need to go to every website to enter your coverage information, which can take a lot of time.

    For a list of links to companies insuring cars in your area, click here.

  • If you have time to kill, the last method to compare price estimates is to waste gas driving to all the different insurance agencies. Comparing online rate quotes makes this process obsolete unless you have a need for the peace of mind only provided by licensed agents. Some companies do allow you to comparison shop your insurance online but buy the policy through an agent.

Take whichever approach you prefer, but do your best to use the same coverage data with each company. If your comparisons have different coverage information it will be impossible to make a fair rate comparison. Just a small difference in insurance coverages or limits may result in a large different in cost. It’s important to know that getting more free quotes provides better odds of finding more affordable rates.

When to get professional advice

When it comes to buying the best car insurance coverage for your personal vehicles, there really is not a cookie cutter policy. Every situation is different.

For example, these questions could help you determine whether you would benefit from professional advice.

  • Are my friends covered when driving my car?
  • Who is covered when they drive my 2007 Chevy Silverado 1500 Classic?
  • Am I insured when driving a different vehicle?
  • Is my ex-spouse still covered by my policy?
  • Is my nanny covered when driving my vehicle?
  • Why do I only qualify for high-risk insurance?
  • Do I need higher collision deductibles?
  • Am I covered if I drive in a foreign country?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to a licensed insurance agent. To find an agent in your area, fill out this quick form.

The coverage is in the details

Learning about specific coverages of a car insurance policy can help you determine appropriate coverage and proper limits and deductibles. The terms used in a policy can be confusing and coverage can change by endorsement.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance provide coverage for bills like doctor visits, chiropractic care, X-ray expenses, prosthetic devices and surgery. They are used in conjunction with a health insurance plan or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive car insurance

This pays to fix your vehicle from 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, a tree branch falling on your vehicle and damage from getting keyed. The highest amount a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your 2007 Chevy Silverado 1500 Classic.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.

Auto liability insurance

This coverage provides protection from damage or injury you incur to a person or their property that is your fault. It protects YOU against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability insurance covers things like funeral expenses, repair bills for other people’s vehicles and structural damage. How much liability coverage do you need? That is your choice, but buy as high a limit as you can afford.

Collision protection

This will pay to fix damage to your Silverado 1500 Classic caused by collision with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as sideswiping another vehicle, hitting a parking meter and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to save money on collision insurance.

Keep this in mind

While you’re price shopping online, make sure you don’t sacrifice coverage to reduce premiums. In too many instances, someone dropped full coverage only to discover later they didn’t have enough coverage. The goal is to find the BEST coverage for the lowest cost while still protecting your assets.

People leave their current company for a variety of reasons including not issuing a premium refund, policy non-renewal, delays in responding to claim requests or denial of a claim. Regardless of your reason, switching insurance coverage companies is pretty simple and you could end up saving a buck or two.

Some insurance companies don’t offer rate quotes online and usually these smaller providers provide coverage only through independent insurance agencies. Cheap 2007 Chevy Silverado 1500 Classic insurance is attainable on the web and from local agencies, so you need to compare both to get a complete price analysis.

Additional insurance coverage information can be read below: