2008 Chevrolet Silverado 3500HD Car Insurance Cost

There isn’t a single person who enjoys paying for auto insurance, in particular when they could find lower prices if they just compared rates. Many insurance companies compete for your hard-earned dollar, so it can be very hard to choose a provider to get the lowest rate possible.

If you have a current auto insurance policy or need a new policy, you can learn to find better prices while maintaining coverages. Buying car insurance is not that difficult. Vehicle owners only need an understanding of the proper way to get comparison quotes on the web.

Discounts for cheaper insurance coverage quotes

Insuring your fleet can be pricey, but there may be some discounts that many people don’t even know exist. Most are applied when you get a quote, but once in a while a discount must be specially asked for before being credited.

  • Early Payment Discounts – If paying your policy premium upfront rather than paying in monthly installments you can actually save on your bill.
  • Discounts for Multiple Vehicles – Drivers who insure multiple cars on a single policy could earn a price break for each car.
  • Onboard Data Collection – People who choose to allow companies to study driving patterns remotely such as Allstate’s Drivewise and State Farm’s In-Drive system could possibly reduce rates if they are good drivers.
  • Distant Student – Kids who are attending college and do not have a car could get you a discount.
  • Drivers Education – It’s a good idea to have your young drivers successfully complete driver’s ed class as it can save substantially.
  • Driver Safety – Taking time to complete a course in defensive driver may get you a small discount if you qualify.

You should keep in mind that most discount credits are not given to all coverage premiums. The majority will only reduce individual premiums such as comp or med pay. Despite the appearance that you can get free auto insurance, company stockholders wouldn’t be very happy. Any amount of discount will positively reduce the cost of coverage.

Larger insurance coverage companies and their possible discounts can be read below.

  • Farm Bureau may offer discounts for driver training, youthful driver, multi-vehicle, good student, and 55 and retired.
  • State Farm discounts include multiple autos, defensive driving training, anti-theft, student away at school, multiple policy, safe vehicle, and passive restraint.
  • Progressive offers premium reductions for homeowner, continuous coverage, multi-vehicle, online quote discount, and online signing.
  • Allstate has discounts for new car, FullPay discount, good payer, EZ pay plan discount, safe driver, farm vehicle, and premier discount.
  • Nationwide has savings for easy pay, business or organization, multi-policy, Farm Bureau membership, good student, and accident-free.
  • MetLife includes discounts for claim-free, good student, good driver, accident-free, defensive driver, multi-policy

If you need lower rates, check with every company which discounts you may be entitled to. A few discounts may not apply to policyholders in your state.

You may need specialized auto insurance coverage

When it comes to choosing the best auto insurance coverage, there is no one size fits all plan. Each situation is unique so this has to be addressed. For instance, these questions may help highlight if your situation might need an agent’s assistance.

  • How much liability insurance is required?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Can I afford low physical damage deductibles?
  • How many claims can I have before being cancelled?
  • Why am I required to buy liability insurance?
  • Do I have newly-aquired coverage?
  • Can I afford to buy a different vehicle if my 2008 Chevy Silverado 3500HD is totaled?
  • Am I covered if I hit a deer?
  • Is my business laptop covered if it gets stolen from my vehicle?

If you don’t know the answers to these questions but you know they apply to you, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area. It’s fast, free and can help protect your family.

The coverage is in the details

Understanding the coverages of a insurance policy can be of help when determining the best coverages and proper limits and deductibles. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. Shown next are typical coverages offered by insurance companies.

Comprehensive protection – Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like damage from a tornado or hurricane, rock chips in glass, a tree branch falling on your vehicle, falling objects and damage from flooding. The most you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Collision coverages – This coverage covers damage to your Silverado 3500HD from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for things such as backing into a parked car, scraping a guard rail, crashing into a ditch and colliding with a tree. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as damage to your 2008 Chevy Silverado 3500HD.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea. Most of the time these coverages are similar to your liability insurance amounts.

Liability – Liability coverage will cover damage that occurs to people or other property by causing an accident. It protects you from claims by other people. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 50/100/50 that means you have $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Occasionally you may see a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage protects against things such as repair bills for other people’s vehicles, repair costs for stationary objects, bail bonds, emergency aid and pain and suffering. How much coverage you buy is a decision to put some thought into, but buy as large an amount as possible.

Medical expense coverage – Coverage for medical payments and/or PIP pay for immediate expenses for things like funeral costs, ambulance fees, chiropractic care, EMT expenses and prosthetic devices. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Have the Midas touch

As you prepare to switch companies, it’s not a good idea to reduce needed coverages to save money. In many instances, someone dropped collision coverage only to find out that the few dollars in savings costed them thousands. Your strategy should be to purchase a proper amount of coverage at an affordable rate.

In this article, we presented a lot of tips how to compare 2008 Chevy Silverado 3500HD insurance rates online. The key thing to remember is the more companies you get car insurance rates for, the better your chances of lowering your car insurance rates. Drivers may discover the best price on insurance coverage is with some of the smallest insurance companies. These smaller insurers may have significantly lower car insurance rates on certain market segments than the large multi-state companies such as Progressive or GEICO.

The cheapest 2008 Chevy Silverado 3500HD insurance is available both online in addition to local insurance agencies, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance coverage companies don’t offer internet price quotes and many times these regional carriers provide coverage only through independent insurance agencies.

Other articles