Searching for the cheapest insurance for a Chevy Silverado 3500HD could be difficult, but you can learn the following methods to make it easier. There are more efficient ways to buy auto insurance so we’re going to tell you the best way to price shop coverage on a Chevy and get the cheapest rates from both online companies and local agents.
Finding affordable coverage is easy if you know what you’re doing. If you have a current auto insurance policy or are just looking to switch companies, you will benefit by learning to find the best rates and still get good coverage. Consumers just need to know the most effective way to compare price quotes online.
Vehicle Insurance Comparison
Performing a rate comparison can be exhausting if you aren’t aware of the easiest way. You can spend your afternoon talking to insurance companies in your area, or you can utilize the internet to get prices fast.
Many companies take part in a program where insurance shoppers submit their information once, and every company returns a competitive quote for coverage. This prevents consumers from doing repetitive form submissions to each company.
To enter your information into the quoting system, click here to start a free quote.
The one disadvantage to using this type of form is you are unable to specify the companies to get pricing from. If you wish to select specific providers to compare prices, we have a listing of auto insurance companies in your area. Click here for list of insurance companies.
Which method you use is up to you, but make absolute certain that you use exactly the same coverage information for each comparison quote. If each company quotes different limits and deductibles on each one you can’t possibly determine the lowest rate for your Chevy Silverado 3500HD.
Are you falling for claims of savings?
Consumers get pounded daily by advertisements for car insurance savings by companies like GEICO, State Farm and Progressive. They all seem to make an identical promise that you’ll save big after switching to them.
How do they all make the same claim?
All the different companies are able to cherry pick for the right customer they prefer to insure. For instance, a desirable insured could be over the age of 40, insures multiple vehicles, and has a short commute. A customer getting a price quote who matches those parameters will get the preferred rates and therefore will save when switching.
Potential insureds who are not a match for this ideal profile will be charged a more expensive rate and ends up with the customer not buying. The ads state “customers who switch” not “people who quote” save that much money. That’s why insurance companies can make the claims of big savings. That is why you need to get a wide range of price quotes. It’s just too difficult to predict which auto insurance company will have the lowest rates.
Save money by taking advantage of these 5 discounts
Auto insurance companies don’t always advertise every discount in a way that’s easy to find, so the following is a list of some of the best known as well as the least known auto insurance savings. If you aren’t receiving every discount you deserve, you’re just leaving money on the table.
- Anti-theft System – Cars that have factory anti-theft systems can help prevent theft and earn discounts up to 10%.
- Save over 55 – If you’re over the age of 55, you may receive better auto insurance rates on SilveradoHD insurance.
- Club Memberships – Affiliation with a professional or civic organization may earn a discount when shopping for auto insurance on SilveradoHD insurance.
- Multi-car Discount – Buying insurance for more than one vehicle with the same company qualifies for this discount.
- Military Rewards – Having a family member in the military can result in better rates.
As a disclaimer on discounts, some credits don’t apply to your bottom line cost. Some only apply to individual premiums such as physical damage coverage or medical payments. Just because it seems like you could get a free auto insurance policy, it doesn’t quite work that way.
Auto insurance coverage information
Understanding the coverages of your policy can help you determine the right coverages for your vehicles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording.
Medical payments and PIP coverage
Personal Injury Protection (PIP) and medical payments coverage pay for bills for things like rehabilitation expenses, prosthetic devices, pain medications and doctor visits. They are often utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants in addition to being hit by a car walking across the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay
Collision coverage protection
Collision coverage pays for damage to your Silverado 3500HD caused by collision with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers things like hitting a mailbox, colliding with another moving vehicle, sideswiping another vehicle, scraping a guard rail and sustaining damage from a pot hole. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. You can also raise the deductible in order to get cheaper collision rates.
Liability insurance
This coverage will cover damages or injuries you inflict on other people or property in an accident. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 50/100/50 that means you have a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.
Liability insurance covers things such as structural damage, pain and suffering, repair bills for other people’s vehicles and emergency aid. How much coverage you buy is your choice, but you should buy higher limits if possible.
UM/UIM (Uninsured/Underinsured Motorist) coverage
Your UM/UIM coverage provides protection from other motorists when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your Chevy Silverado 3500HD.
Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.
Comprehensive auto coverage
This pays for 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 protects against things such as hitting a bird, falling objects and vandalism. The most your auto insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Best coverage at the best price
As you go through the steps to switch your coverage, it’s a bad idea to buy less coverage just to save a little money. In too many instances, an insured dropped comprehensive coverage or liability limits and discovered at claim time they didn’t purchase enough coverage. The proper strategy is to purchase a proper amount of coverage at a price you can afford, not the least amount of coverage.
Lower-priced Chevy Silverado 3500HD insurance can be sourced from both online companies in addition to many insurance agents, so compare prices from both to get a complete price analysis. A few companies do not provide you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.
You just learned some good ideas how to reduce Chevy Silverado 3500HD insurance prices online. The key thing to remember is the more price quotes you have, the higher your chance of finding lower rates. You may be surprised to find that the lowest priced auto insurance comes from an unexpected company.
