2007 Chevrolet Silverado 3500HD Insurance Rates – 7 Tips to Save

Trying to find the cheapest insurance rates for your Chevrolet Silverado 3500HD? Are you at wits end from scraping nickels together to insure your Chevy every month? You are no different than most other vehicle owners.

Due to the abundance of online and local companies to choose from, it is hard for the average consumer to find a lower cost insurer.

Finding affordable coverage is quite easy. If you currently have car insurance, you will be able to save some money using these techniques. Although car owners do need to learn the way insurance companies compete online because it can help you find the best coverage.

The best way to compare insurance rates in your area is to know the fact most larger insurance companies participate in a system to give rate comparisons. To get started, all you need to do is provide a little information including your credit rating estimate, if you went to college, level of coverage desired, and your occupation. Your details is instantly provided to many different companies and you get price estimates with very little delay.

If you wish to get multiple quotes for your 2007 Chevy Silverado 3500HD now, click here and find out if lower rates are available.

Cut your insurance coverage rates with these seven discounts

Some insurance providers don’t always list every discount they offer very clearly, so below is a list both well-publicized in addition to some of the lesser obvious credits that may apply to you.

  • Pay Upfront and Save – By paying your entire bill at once instead of making monthly payments you may have a lower total premium amount.
  • ABS and Traction Control Discounts – Cars, trucks, and SUVs that have steering control and anti-lock brakes can stop better under adverse conditions so you can save 10 percent or more.
  • Defensive Driver – Participating in a safe driver class could earn you a small percentage discount and easily pay for the cost of the class.
  • Driver Education Discount – Teen drivers should participate in a local driver’s education class if it’s offered in school.
  • Professional Organizations – Belonging to qualifying clubs or civic groups may earn a discount on your policy.
  • Use Seat Belts – Using a seat belt and requiring all passengers to buckle up before driving could cut 10% or more on the premium charged for medical payments and/or PIP.
  • Anti-theft Discount – Cars with anti-theft systems help deter theft and earn discounts up to 10% off your auto insurance quote.

Consumers should know that some credits don’t apply to your bottom line cost. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. Even though the math looks like you can get free auto insurance, you’re out of luck.

A list of companies and a partial list of their discounts are included below.

  • GEICO has discounts for multi-vehicle, military active duty, membership and employees, emergency military deployment, defensive driver, multi-policy, and driver training.
  • MetLife may offer discounts for good driver, accident-free, good student, multi-policy, defensive driver, claim-free
  • State Farm includes discounts for accident-free, multiple autos, safe vehicle, passive restraint, and good student.
  • Progressive has savings for online quote discount, homeowner, continuous coverage, multi-policy, multi-vehicle, and good student.
  • Mercury Insurance discounts include ease of repair, multi-policy, multi-car, anti-theft, location of vehicle, professional/association, and accident-free.
  • 21st Century may have discounts that include air bags, good student, homeowners, theft prevention, anti-lock brakes, student driver, and defensive driver.
  • Allstate offers discounts including senior citizen, economy car, FullPay discount, early signing, and 55 and retired.

If you are trying to find the cheapest auto insurance quotes, ask all companies you are considering how many discounts you can get. Savings may not be offered in your state.

You are unique and your car insurance should be too

When buying the best car insurance coverage, there really is no cookie cutter policy. Your needs are not the same as everyone else’s so your insurance should reflect that For instance, these questions might help in determining whether or not you could use an agent’s help.

  • Why is insurance for a teen driver so high?
  • When would I need additional glass coverage?
  • Should I rate my 2007 Chevy Silverado 3500HD as pleasure use or commute?
  • Does medical payments coverage apply to all occupants?
  • Do all my vehicles need collision coverage?
  • Do I need PIP coverage since I have good health insurance?
  • Does liability extend to a camper or trailer?
  • Are my friends covered when driving my car?
  • Do I have coverage when using my vehicle for my home business?

If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to an agent. To find an agent in your area, complete this form or click here for a list of car insurance companies in your area.

Insurance coverage basics

Knowing the specifics of your insurance policy can be of help when determining the best coverages and proper limits and deductibles. Insurance terms can be confusing and coverage can change by endorsement. These are typical coverage types found on most insurance policies.

UM/UIM Coverage

This coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family as well as damage to your Chevy Silverado 3500HD.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Auto liability insurance

Liability insurance can cover injuries or damage you cause to a person or their property by causing an accident. It protects YOU from claims by other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 25/50/25 which stand for $25,000 bodily injury coverage, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage protects against things such as bail bonds, medical expenses, loss of income, legal defense fees and funeral expenses. How much liability coverage do you need? That is your choice, but consider buying higher limits if possible.

Coverage for collisions

Collision coverage pays to fix your vehicle from damage resulting from colliding with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like hitting a parking meter, rolling your car and crashing into a ditch. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. You can also bump up the deductible to get cheaper collision coverage.

Medical costs insurance

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses like doctor visits, EMT expenses, ambulance fees, hospital visits and prosthetic devices. They can be used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not available in all states and may carry a deductible

Comprehensive or Other Than Collision

This coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like a tree branch falling on your vehicle, damage from getting keyed, theft, falling objects and hitting a deer. The maximum payout 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.

Make an honest buck

We just showed you many tips how you can save on 2007 Chevy Silverado 3500HD insurance. It’s most important to understand that the more companies you get prices for, the more likely it is that you will get a better rate. Drivers may discover the best price on car insurance is with a company that doesn’t do a lot of advertising. They often have lower prices on specific markets than the large multi-state companies such as Allstate or State Farm.

When getting auto insurance quotes online, it’s a bad idea to buy poor coverage just to save money. There have been many cases where someone sacrificed full coverage to discover at claim time that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to find the BEST coverage for the lowest cost, but do not sacrifice coverage to save money.

Other learning opportunities