View 2002 Chevrolet Silverado 1500 Insurance Rates
Feel like you’re a prisoner to high-priced insurance coverage? You’re in good company because there are many consumers feeling the pinch from expensive insurance coverage. Companies like Allstate and Progressive all claim big savings, bombarding you with TV and radio ads and consumers find it hard to ignore the propoganda and effectively compare rates to find the best deal.
Compare free insurance coverage quotes
Cutting your insurance coverage rates can be surprisingly simple. Just take time comparing price quotes to find the company with affordable insurance coverage quotes. It’s really simple and can be done in just a few minutes using one of these methods.
- Without a doubt, the easiest way to find the lowest comparison rates is to use a rate comparison form click to view form in new window. This form saves time by eliminating multiple quote forms for every prospective company. One quote request gets rate comparisons from insurance coverage companies with the best prices.
- A harder way to shop for insurance coverage online is spending the time to visit each company website and request a quote. For examples sake, let’s assume you want to compare prices for Progressive, Allstate and Geico. You would have to navigate to each company’s site to enter the same coverage data repeatedly, which can take a lot of time.
To view a list of companies in your area, click here.
- If you have time to kill, the last method to compare rates is physically going to all the different insurance agencies. The internet makes this unnecessary unless you prefer the guidance that can only be provided by a licensed insurance agent. Although you can price shop online but have a local agent actually write the policy.
You can choose any of those ways to find more affodable coverage, but make absolute certain that you use exactly the same coverages and limits with every price quote. If each company quotes different coverage information it will be nearly impossible to make a fair rate comparison.
Do you qualify for discount auto insurance?
Auto insurance is easily one of your largest bills, but companies offer discounts that can help lower your rates. Some discounts apply automatically when you purchase, but a few need to be asked for in order for you to get them.
- E-sign Discounts</strong – Many companies will discount your bill up to fifty bucks for buying your policy on the internet.
- Discount for Life Insurance – Not every insurance company offers life insurance, but if they do you may earn lower prices if you buy life insurance.
- Homeowners Discount – Just owning your own home can help you save on auto insurance since owning and maintaining a home is proof of financial responsibility.
- Claim Free – Drivers who stay claim-free are rewarded with significantly better rates on insurance coverage quote in comparison with insureds who have frequent claims or accidents.
- Resident Student – who live away from home to go to college and don’t have a car may be able to be covered for less.
- Professional Memberships – Having an affiliation with specific professional or occupational memberships or organizations is a simple method to lower premiums on your next auto insurance statement.
- Government Employee Discount – Federal government employees can save as much as 8% on Silverado insurance with select insurance companies.
- Accident Waiver – Not really a discount, but companies like State Farm and Allstate allow you one accident without getting socked with a rate hike so long as you are claim-free prior to the accident.
- Early Signing – Some companies reward drivers for switching policies early. It could save around 10% when you buy insurance coverage online.
As is typical with insurance, some credits don’t apply the the whole policy. The majority will only reduce specific coverage prices like collision or personal injury protection. So even though they make it sound like all the discounts add up to a free policy, nobody gets a free ride. Any amount of discount should help lower your policy premiums.
A partial list of companies who may offer these benefits are:
Double check with each company or agent which discounts you may be entitled to. All car insurance discounts may not be available everywhere. For a list of providers who offer free auto insurance quotes, click here to view.
What insurance coverages do I need?
When choosing the best car insurance coverage, there really is no cookie cutter policy. Everyone’s situation is a little different so your insurance needs to address that. For instance, these questions might help in determining if your situation will benefit from professional help.
- Are my tools covered if they get stolen from my vehicle?
- Should I drop comprehensive coverage on older vehicles?
- Am I covered when renting a car or should I buy coverage from the car rental agency?
- I don’t drive much so do I pay less?
- When should I drop full coverage on my 2002 Chevy Silverado 1500?
- Is pleasure use cheaper than using my 2002 Chevy Silverado 1500 to commute?
- Is rental equipment covered for theft or damage?
- Can I afford to pay high deductible claims out of pocket?
- Am I covered when delivering products for my home-based business?
- Why am I required to get a high-risk car insurance policy?
If you can’t answer these questions but a few of them apply, you might consider talking to an agent. If you don’t have a local agent, complete this form or click here for a list of car insurance companies in your area. It is quick, free and may give you better protection.
Learn about insurance coverages for a 2002 Chevy Silverado 1500
Learning about specific coverages of insurance can be of help when determining which coverages you need for your vehicles. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. Below you’ll find typical coverages available from insurance companies.
Comprehensive or Other Than Collision
Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for things such as vandalism, damage from a tornado or hurricane, a broken windshield, hitting a deer and damage from flooding. The most your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
Liability auto insurance
This coverage can cover injuries or damage you cause to other people or property. It protects YOU from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.
Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 50/100/50 that means you have a limit of $50,000 per injured person, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.
Liability coverage protects against things such as medical expenses, pain and suffering, funeral expenses and court costs. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as much as you can afford.
Medical costs insurance
Med pay and PIP coverage kick in for expenses for things like doctor visits, funeral costs, chiropractic care, EMT expenses and rehabilitation expenses. The coverages can be utilized in addition to your health insurance policy or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay
UM/UIM Coverage
This gives you protection when the “other guys” either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and also any damage incurred to your 2002 Chevy Silverado 1500.
Since many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
Collision coverage protection
Collision coverage covers damage to your Silverado 1500 resulting from a collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.
Collision insurance covers claims like scraping a guard rail, sustaining damage from a pot hole, colliding with a tree, rolling your car and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to save money on collision insurance.
Pamela Eaton
2002 Chevrolet Silverado 1500 + GEICO = CHEAP! At least inVermont anyway.
Jennefer Terrell
I can’t pay high rates. I’m just east of Lewiston, ME. I quoted with AIG Insurance, MetLife, and some smaller one I can’t remember the name of for my Chevrolet and saved just over $110 a year. Insured with Erie before. Got better coverage too. God forbid I actually have a claim.
Genie Rodgers
21st Century has the cheapest rates in Oregon. No comparison.
Victorina Beasley
This is too expensive. Checking in from Aurora, Illinois. I quoted with 21st Century, The General, and Esurance for my Chevrolet and I’m now saving $16 a month. Left Hanover to switch. I’m a pretty low risk driver. God forbid I actually have a claim.
Marc Singleton
I chose to switch to Progressive from AIG Insurance. I live in Evansville, IN. Was with Mercury. BTW speeding tickets are not good.
Leesa Bolton
I can’t pay high rates. I live on the north side of Portland, OR. Got rates from Progressive, Eastwood, and Hanover for my Silverado 1500 and I’m now saving $16 a month. I get multi-vehicle and multi-policy discounts.
Vennie Beach
I compared a lot of rate quotes for a 2002 Chevrolet Silverado 1500 in Columbus, Ohio. Ended up at about $110 every six months with Amica. I have a couple other vehicles on the policy. They have free quotes online. It’s only liability tho.
Shauna Aguilar
I live just outside Springfield, MA. Compared rates from a lot of places. Saved about $10 a month. State Farm was the cheapest for me. Good savings if you bundle.
Denver Adams
I live just outside Norman, OK. Went online for free insurance quotes for a 2002 Chevrolet Silverado 1500. Ended up at about $100 savings annually. Went with GEICO. Have an at-fault accident tho. Not sure if rates are cheaper online or through an agent. I only have liability coverage on it.
Reyna Jacobs
Found cheapest coverage with Esurance for my Silverado 1500 and saved around $110 a year. I get multi-vehicle and multi-policy discounts. I used their website to get prices. My Chevrolet doesn’t have full coverage.
Marcela Rice
2002 Chevrolet Silverado 1500 + Allstate = GOOD RATES!
Nickole Conway
Liked the article. From northwest of Shreveport, LA. Got car insurance quotes with State Farm, GMAC, and Esurance for my Chevrolet and I think I saved around $20 each month. Moved home policy as well. I got a quote from their website.
Deedee Garcia
I got a good deal I think. I live north of Jacksonville, FL. I quoted with Western Auto Insurance, Amica, GMAC, and Safeco for my Chevrolet and I’m now saving $19 a month. Was with Erie. BTW speeding tickets are not good. I only have liability coverage on it.
Malka Byrd
In Davenport, Iowa, State Farm is a good choice. Are quotes cheaper online? Not worth enough to pay for comprehensive and collision.
Gabriel Clay
Will 21st Century raise rates for a rock chip claim?
Burt Gutierrez
Progressive is pretty cheap in Louisiana! :)