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Chevrolet Silverado 1500 Insurance Rates

Finding cheaper car insurance on the web saves time, is easy to do and there is a good chance you will probably save money. The key to finding lower rates is to get rates from all companies so you can get the lowest prices.

Finding the best direct price on car insurance can be a challenge if you are a beginner to online quoting. But don't be discouraged because there is an easy way to compare rates. To find the best car insurance prices, there are several ways of comparing rates from local car insurance companies. The easiest way to find competitive Silverado 1500 insurance cost is to perform an online rate comparison. This can be accomplished by completing this short form.

Insurance rates on a Chevrolet Silverado 1500 can fluctuate considerably and are calculated by many factors. Some of these factors include:

  • Tickets increase premiums
  • Credit rating impacts rates
  • Male rates may be higher
  • Low deductibles cost more
  • Safety rating of your Silverado 1500
  • Your profession
  • Your coverage level
  • Whether you own your home

One last important factor which can affect the rate you pay on your Chevrolet is the year of manufacture. Models that are a few years old cost less so the cost to replace them may end up costing you less. On the flip side, newer vehicles may have options like pedestrian detection, active head restraints, and a backup camera which may give discounted rates.

For you to have a better understanding of how rates are influenced for your specific model year, select the year of your vehicle below.

Liability car insurance - This can cover damage that occurs to people or other property that is your fault. Liability can pay for things like legal defense fees, bail bonds, and repair bills for other people's vehicles. It is cheap coverage so purchase as high a limit as you can afford.

Collision - This covers damage to your Chevrolet resulting from a collision with another car or object. A deductible applies then the remaining damage will be paid by your insurance company. Collision coverage for your Silverado 1500 can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It's also possible to choose a higher deductible to get cheaper Silverado 1500 insurance rates.

Comprehensive car insurance - This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage. The most you'll receive from a claim is the cash value of the vehicle, so if the vehicle's value is low it's probably time to drop comprehensive insurance.

UM/UIM Coverage - Your UM/UIM coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. That's why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Coverage for medical expenses - Coverage for medical payments and/or PIP kick in for short-term medical expenses for things like nursing services, prosthetic devices, and dental work. They are used in conjunction with a health insurance program or if you lack health insurance entirely. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage.

How Much are Chevrolet Silverado 1500 Insurance Rates?