2000 Chevrolet Silverado 1500 Insurance Quotes – 10 Discounts for Best Rates

Trying to find the cheapest auto insurance rates? Buyers have lots of choices when searching for the best price on Chevy Silverado 1500 insurance. You can either waste hours calling around trying to get quotes or save time using the internet to make rate comparisons. There are both good and bad ways to shop for auto insurance so we’re going to tell you the proper way to price shop coverage for a new or used Chevy and locate the cheapest rates either online or from local insurance agents.

You should take the time to price shop coverage as often as possible because auto insurance prices fluctuate regularly. Even if you got the best deal for Silverado coverage at your last renewal a different company probably has better premium rates today. Ignore everything you know about auto insurance because you’re going to learn how to use online quotes to find better rates and still maintain coverage.

Finding affordable coverage is easy if you know what you’re doing. If you have car insurance now, you will most likely be able to save some money using this information. Vehicle owners only need to know the most efficient way to compare prices on the web.

Are you getting every discount?

Some insurers don’t always list all disounts in a way that’s easy to find, so the below list has both the well known as well as some of the hidden credits available to lower your premiums when you buy car insurance online.

• Seat Belts Save – Forcing all vehicle occupants to buckle up can save a little off the PIP or medical payment premium.
• Distant Student – Children who live away from home at college and do not have a car can be insured at a reduced rate.
• No Charge for an Accident – but some insurance companies will forgive one accident without getting socked with a rate hike so long as you are claim-free for a certain period of time.
• Theft Deterent System – Vehicles with anti-theft systems are stolen with less frequency and that can save you a little bit as well.
• Passive Restraint Discount – Vehicles equipped with air bags or motorized seat belts can qualify for discounts as much as 30%.
• No Claim Discounts – Drivers who stay claim-free can earn big discounts in comparison to frequent claim filers.
• Anti-lock Brakes – Vehicles with ABS braking systems or traction control are much safer to drive so you can save 10 percent or more.
• Early Payment Discounts – By paying your entire bill at once instead of making monthly payments you could save 5% or more.
• Smart Student Discounts – A discount for being a good student can be rewarded with saving of up to 25%. This discount can apply up until you turn 25.
• Organization Discounts – Being in a qualifying organization may earn a discount on auto insurance.

Please keep in mind that many deductions do not apply to the entire cost. Some only apply to the price of certain insurance coverages like comp or med pay. Just because it seems like all those discounts means the company will pay you, you aren’t that lucky. But any discount will help reduce your policy cost.

To view insurance companies who offer online auto insurance quotes, click this link.

When in doubt talk to an agent

When it comes to buying coverage, there really is no perfect coverage plan. Every insured’s situation is different.

For instance, these questions might point out whether you might need an agent’s assistance.

• Who is covered by my policy?
• Do I need roadside assistance coverage?
• Do I pay less if my vehicle is kept in my garage?
• Does coverage extend to a rental car in a foreign country?
• What can I do if my company denied a claim?
• Is business property covered if stolen from my car?
• What is covered by UM/UIM coverage?
• Is there coverage for injuries to my pets?
• Am I covered if I hit my neighbor’s mailbox?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to an agent. If you don’t have a local agent, simply complete this short form. It is quick, free and can help protect your family.

Switch companies and save? Really?

Consumers can’t get away from all the ads that claim the best premium rates by companies like Progressive, Allstate and Geico. They all seem to make the promise of big savings after switching to their company.

How can each company give you a lower rate? It’s all in the numbers.

Insurance providers have a preferred profile for the type of driver that will be a good risk. For instance, a profitable customer could be a mature driver, carries high limits, and has a high credit rating. Anybody that matches those criteria is entitled to the best price as well as save if they switch.

Potential insureds who cannot meet the “perfect” profile will probably have to pay higher premiums which translates to business going elsewhere. The ads say “drivers that switch” not “everybody who quotes” can save as much as they claim. That’s why companies can state the savings. That is why you really should get a wide range of price quotes. You cannot predict which insurance companies will have the best car insurance rates for your profile.

Information about specific coverages

Knowing the specifics of your policy helps when choosing the best coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.

Auto liability insurance – This provides protection from damages or injuries you inflict on other’s property or people by causing an accident. It protects YOU against claims from other people, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 100/300/100 that translate to $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery.

Liability coverage pays for things such as funeral expenses, attorney fees, medical services and bail bonds. How much liability coverage do you need? That is your choice, but you should buy as high a limit as you can afford.

Collision coverages – Collision insurance pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as sustaining damage from a pot hole, damaging your car on a curb, scraping a guard rail, sideswiping another vehicle and backing into a parked car. Collision is rather expensive coverage, so consider dropping it from older vehicles. It’s also possible to increase the deductible to bring the cost down.

Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your 2000 Chevy Silverado 1500.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.

Coverage for medical expenses – Coverage for medical payments and/or PIP kick in for bills like funeral costs, X-ray expenses, ambulance fees and hospital visits. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. They cover you and your occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive auto insurance – Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like theft, hail damage and damage from a tornado or hurricane. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

In Summary

Some companies may not provide rates over the internet and these smaller providers only sell through independent insurance agencies. Lower-priced car insurance is definitely available both online as well as from insurance agents, and you need to comparison shop both to have the best chance of lowering rates.

We just showed you quite a bit of information on how to get a better price on 2000 Chevy Silverado 1500 insurance. The key thing to remember is the more price quotes you have, the better your comparison will be. Consumers may even find the best premium rates are with a company that doesn’t do a lot of advertising.

Drivers switch companies for many reasons like extreme rates for teen drivers, questionable increases in premium, unfair underwriting practices or even poor customer service. It doesn’t matter why you want to switch finding a new car insurance company can be pretty painless.

Even more information is available in the articles below:

• When is the Right Time to Switch Car Insurance Companies? (Allstate)
• How do I File a Claim? (Insurance Information Insitute)
• Side Impact Crash Tests (iihs.org)
• Young Drivers: The High Risk Years Video (iihs.org)