Searching for cheaper insurance rates for your Chevrolet Silverado 3500? Comparing car insurance quotes online may seem to be difficult if you’re new to online quotes. But don’t give up because comparing rates is actually very simple.
When shopping for car insurance there are multiple ways of comparing price quotes from different insurance companies. The easiest way by far to comparison shop consists of obtaining rate quotes online. This is very easy and can be done in several different ways.
It’s up to you which method you use, but make sure you are using identical coverage data with every price quote. If you enter different limits and deductibles on each one you can’t possibly make an equal comparison. Quoting even small variations in limits can result in a big premium difference. Just keep in mind that quoting more increases the change that you will find the best offered rates.
Insuring your fleet can be pricey, but you may qualify for discounts that can help lower your rates. Some discounts apply automatically at the time of purchase, but occassionally some discounts must be specially asked for before being credited.
As a disclaimer on discounts, most credits do not apply to your bottom line cost. Some only apply to individual premiums such as physical damage coverage or medical payments. So despite the fact that it appears adding up those discounts means a free policy, it doesn’t quite work that way. Any amount of discount will help lower your overall bill.
A few popular companies and a selection of discounts are:
It’s a good idea to ask each company how you can save money. Some discounts may not apply in your area. To locate insurers that offer many of these discounts, click here.
Lots of things are part of the calculation when you quote your car insurance policy. Some are obvious such as traffic violations, but some are not quite as obvious such as whether you are married or your financial responsibility.Part of the auto insurance buying process is learning the factors that help determine the rates you pay for auto insurance. If you have some idea of what positively or negatively impacts your premiums, this allows you to make good choices that may reward you with cheaper rates.
When buying adequate coverage for your vehicles, there really is no “best” method to buy coverage. Everyone’s situation is unique.
These are some specific questions may help you determine whether or not you might need professional guidance.
If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, fill out this quick form.
Popular insurance providers such as Allstate and Progressive endlessly run television and radio advertisements. All the ads advertise claims of big savings if you move your insurance coverage to their company. That’s great but how can every company claim to save you money? It’s all in the wording.
Insurance companies have underwriting criteria for the type of customer that is profitable for them. An example of this type of insured could possibly be over the age of 40, has other policies, and drives less than 7,500 miles a year. Any driver who fits that profile receive the lowest rate quotes and most likely will save quite a bit of money when switching.
Potential customers who don’t qualify for the ideal profile will be quoted higher premiums which leads to the customer buying from a different company. If you pay attention, the ads say “people that switch” but not “everyone who gets a quote” will save that much if they switch. This is how insurance companies can confidently state the savings.
Because every company is different, you really should compare rate quotes every year. Because without a comparison, you cannot know which insurance companies will have the best premium rates.
Understanding the coverages of your auto insurance policy can help you determine which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording.
Liability – Liability coverage protects you from injuries or damage you cause to other people or property by causing an accident. It protects you against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.
Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 50/100/50 that translate to a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Occasionally you may see a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.
Liability coverage protects against claims such as medical expenses, bail bonds, legal defense fees, repair costs for stationary objects and pain and suffering. How much coverage you buy is up to you, but you should buy as large an amount as possible.
Medical expense coverage – Med pay and PIP coverage reimburse you for immediate expenses such as nursing services, hospital visits, prosthetic devices, X-ray expenses and EMT expenses. They are used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants as well as being hit by a car walking across the street. PIP coverage is not universally available but can be used in place of medical payments coverage
Uninsured or underinsured coverage – This coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family as well as your vehicle’s damage.
Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family. Usually the UM/UIM limits are set the same as your liablity limits.
Comprehensive protection – Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against things like damage from flooding, theft, hail damage and rock chips in glass. The maximum payout a auto insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Collision – This pays to fix your vehicle from damage caused by collision with another car or object. A deductible applies and then insurance will cover the remainder.
Collision can pay for claims such as damaging your car on a curb, scraping a guard rail, crashing into a ditch, rolling your car and hitting a parking meter. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. It’s also possible to choose a higher deductible to bring the cost down.
Cheaper car insurance is available on the web and also from your neighborhood agents, so you need to shop car insurance with both so you have a total pricing picture. Some car insurance companies do not provide online price quotes and many times these small, regional companies provide coverage only through independent agents.
As you go through the steps to switch your coverage, make sure you don’t sacrifice coverage to reduce premiums. There are too many instances where someone sacrificed comprehensive coverage or liability limits only to regret at claim time that the few dollars in savings costed them thousands. Your goal should be to get the best coverage possible at the best price but still have enough coverage for asset protection.
In this article, we covered a lot of ways to compare 2001 Chevy Silverado 3500 insurance rates online. The key concept to understand is the more price quotes you have, the better your chances of lowering your auto insurance rates. Consumers could even find that the best rates are with the smaller companies.
Elliott Mcintyre
I compared a lot of rate quotes for a 2001 Chevrolet Silverado 3500 in Columbus, Georgia. Ended up at about $90 every six months with American Family. Wish I didn’t have to insure at all. Full coverage costs too much.
Joan Rush
I’m in the east part of Wilmington, DE. I compared lots of rates. Saved darn near $20 a month. Allstate was the cheapest for me. I even had a DUI years ago. Just waiting to see how claims go. I don’t insure for physical damage though.
Cleta Campbell
Not sure if this is cheap. I’m in Hilo, HI. Got free quotes online for a 2001 Chevrolet Silverado 3500. Ended up at about $110 savings annually. Went with Allstate. LOL I think I’ll get rid of full coverage next time.
Alexia Bond
I live on the south side of Las Cruces, New Mexico. I quoted with Allstate, AAA, and some I forget for my Silverado 3500 and I think I am saving around $20 each month. Got better coverage too. Book value doesn’t justify full coverage anymore.
Miss Robinson
Live in Green Bay, WI. Got quotes with Auto-Owners, Eastwood, and Mercury for my Chevrolet and saved just over $80 a year. I have kids on my policy, too. It’s still not cheap enough. Book value doesn’t justify full coverage anymore.
Claudie Campos
Got pretty cheap 2001 Chevrolet Silverado 3500 insurance from 21st Century in Aurora, IL.
Carlyn Lopez
If you’re a decent driver and live in the vicinity of Colorado Springs, Colorado, check out 21st Century. You might get cheaper rates. I have kids on my policy, too. It’s easy to compare rates online now.
Levi Warner
Any Allstate or Farmers customers near Manchester, NH?
Hannelore Kidd
Here’s my info. I live in Mesa, AZ. I compared lots of rates. Saved about $20 a month. Progressive was the best choice for me. Not sure if rates are cheaper online or not. I just carry liability insurance.
Jayna Pruitt
Thanks for putting this site together. Live in the southern part of Louisville, KY. Quoted prices from 21st Century, Auto-Owners, and Farmers for my Silverado 3500 and saved $85 a year. I just quoted rates online.