Trying to find the cheapest auto insurance rates for your Chevrolet Silverado 3500HD? Have you finally had enough of scraping nickels together to keep your car insured? You’re in the same situation as many other consumers. Big companies like State Farm, Allstate, GEICO and Progressive persitently shower you with advertising and consumers find it hard to see past the corporate glitz and take the time to shop coverage around.
If you are insured now or need new coverage, you can learn to find better prices while maintaining coverages. Choosing the best insurance company for you is not that difficult. Drivers just need to know the tricks to find the lowest price over the internet.
The quickest way to compare rate quotes utilizes the fact most of the larger companies allow for online access to quote your coverage. To start a quote, the only thing you need to do is give the companies some data such as how much you drive, whether you drive to work or school, driver details, and how much coverage you want. The data is instantly submitted to multiple companies and they return quotes instantly to find the best rate.
To compare rates for your 2015 Chevy Silverado 3500HD now, click here and enter the information requested.
Some insurers do not list every disount available in an easy-to-find place, so the list below details both the well known as well as some of the hidden discounts that you may qualify for. If you don’t get every credit available, you are throwing money away.
As is typical with insurance, most discount credits are not given to the overall cost of the policy. Some only reduce the price of certain insurance coverages like liability and collision coverage. So even though you would think all the discounts add up to a free policy, you aren’t that lucky. Any qualifying discounts should help reduce your overall premium however.
If you would like to choose from a list of insurers offering insurance discounts, click this link.
When buying the best insurance coverage, there is no best way to insure your cars. Every situation is different so this has to be addressed. Here are some questions about coverages that might help in determining if you would benefit from professional advice.
If you can’t answer these questions but a few of them apply then you might want to talk to an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies. It only takes a few minutes and may give you better protection.
It’s important that you understand the rating factors that play a part in calculating the price you pay for auto insurance. When consumers understand what influences your rates, this enables you to make decisions that may result in cheaper rates. Multiple criteria are considered when pricing auto insurance. Some of the criteria are obvious such as your driving record, but other factors are not as apparent such as your marital status or how financially stable you are.
Shown below are some of the things utilized by car insurance companies to help set your rates.
Consumers constantly see and hear ads for car insurance savings from the likes of Progressive, GEICO, Allstate and State Farm. All the companies make an identical promise that you’ll save big if you move to their company.
It sounds good, but how can they all have lower policy pricing? It’s all in the numbers.
Most companies quote the lowest rates for the type of insured that will most likely be profitable. A good example of a desirable insured might have to be over the age of 45, owns a home, and the vehicle is rated for pleasure use. A customer who matches those parameters will probably get the lowest rates and as a result will probably save a lot of money.
Potential insureds who do not match these criteria will probably be forced to pay higher rates with the end result being business going elsewhere. The ads say “people who switch” not “everyone that quotes” save that much money. This is how companies can truthfully make the claims of big savings. Because of the profiling, it is so important to get a wide range of price quotes. It is impossible to guess the company that will fit your personal profile best.
Understanding the coverages of your policy can be of help when determining appropriate coverage and proper limits and deductibles. Car insurance terms can be impossible to understand and even agents have difficulty translating policy wording. Shown next are typical coverages found on the average car insurance policy.
Protection from uninsured/underinsured drivers
This provides protection when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and damage to your 2015 Chevy Silverado 3500HD.
Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
Coverage for liability
This coverage can cover damages or injuries you inflict on people or other property. This coverage protects you against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 100/300/100 which means $100,000 bodily injury coverage, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.
Liability coverage pays for things like repair costs for stationary objects, medical services, bail bonds, legal defense fees and emergency aid. How much coverage you buy is a decision to put some thought into, but buy as large an amount as possible.
This pays to fix your vehicle from damage resulting from a collision with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers things such as sideswiping another vehicle, damaging your car on a curb, hitting a parking meter, crashing into a building and scraping a guard rail. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. You can also increase the deductible to bring the cost down.
Comprehensive (Other than Collision)
Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for things like damage from a tornado or hurricane, damage from flooding, fire damage, damage from getting keyed and a broken windshield. The maximum payout your car insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.
Medical expense insurance
Med pay and PIP coverage reimburse you for bills for things like nursing services, surgery, EMT expenses and dental work. They are used to fill the gap from your health insurance program or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage
Cheaper insurance can be found both online in addition to many insurance agents, so you need to quote insurance coverage with both so you have a total pricing picture. A few companies do not offer rate quotes online and many times these small, regional companies provide coverage only through local independent agencies.
We just showed you a lot of techniques to save on 2015 Chevy Silverado 3500HD insurance. The key concept to understand is the more you quote insurance coverage, the higher your chance of finding low cost insurance coverage. You may even find the most savings is with some of the lesser-known companies. Regional companies can often insure niche markets at a lower cost than their larger competitors like Allstate and Progressive.
While you’re price shopping online, don’t be tempted to buy lower coverage limits just to save a few bucks. There are many occasions where someone dropped comprehensive coverage or liability limits and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your focus should be to buy a smart amount of coverage at the best possible price, but don’t skip important coverages to save money.