Save on 2003 Chevrolet Silverado 3500 Insurance Quotes

Do you think you bought an underperforming, overpriced auto insurance policy? It’s quite common and there are many drivers thinking the same thing.

Vehicle owners have multiple insurance companies to choose from, and although it’s nice to be able to choose, more choices can make it harder to find the lowest rates.

It’s a good habit to do price comparisons at least once a year since insurance prices change frequently. Even if you think you had the best deal for Silverado coverage six months ago you may be paying too much now. You’ll find a ton of advice on auto insurance on the web, but in a few minutes you can learn some guaranteed methods to lower your auto insurance premiums.

The purpose of this article is to introduce you to the best way to quote coverages and some tricks to saving. If you have car insurance now, you will be able to lower your premiums substantially using this strategy. Although consumers do need to know how the larger insurance companies sell insurance online because it can help you find the best coverage.

Save a ton with discounts

Car insurance can be pricey, but you can get discounts that may help make it more affordable. A few discounts will be applied at quote time, but once in a while a discount must be inquired about before you will receive the discount.

• Drivers Education – It’s a good idea to have your young drivers enroll and complete driver’s education if offered at their school.
• Military Deployment Discount – Having an actively deployed family member could qualify you for better rates.
• Telematics Devices – Insureds who allow companies to study driving habits by using a telematics device like Drivewise from Allstate or In-Drive from State Farm could see a rate decrease as long as they are good drivers.
• Accident Waiver – This one isn’t a discount, but certain companies will forgive one accident before they charge you more for coverage if you have no claims for a certain period of time.
• Homeowners Savings – Being a homeowner may earn you a small savings because owning a home shows financial diligence.
• Driver Safety – Successfully completing a defensive driver course can save you 5% or more depending on where you live.
• Government Employees – Employees or retirees of the government can earn a discount up to 10% for Silverado coverage with a few car insurance companies.
• Paper-free Discount – A handful of car insurance companies may give you up to $50 for buying a policy and signing up on the web.
• Discount for Multiple Policies – If you have multiple policies with the same insurance company you will save as much as 10 to 15 percent.
• Buy New and Save – Insuring a new car can get you a discount due to better safety requirements for new vehicles.

It’s important to note that many deductions do not apply the the whole policy. Some only apply to the price of certain insurance coverages like comp or med pay. Even though it appears having all the discounts means you get insurance for free, company stockholders wouldn’t be very happy. But any discount will reduce the amount you have to pay.

A partial list of companies that may offer quotes with these benefits include:

• State Farm
• Farmers Insurance
• Progressive
• Geico
• Auto-Owners Insurance
• The Hartford
• Farm Bureau
• USAA

When getting free insurance coverage quotes, it’s a good idea to every prospective company to give you their best rates. Some discounts listed above might not be available to policyholders in your area. To find companies who offer online car insurance quotes, click here.

Free car insurance quotes

There are multiple methods to compare car insurance quotes, and some are more efficient than others. You could spend your day driving to insurance companies in your area, or you can utilize the web to achieve your goal.

Most of the larger companies belong to an insurance system where prospective buyers enter their policy data once, and every company then returns a price quote for coverage. This eliminates the need for quote forms for every car insurance company.

To compare rates using this form now click here (opens in new window).

The single downside to getting quotes like this is you don’t know exactly which companies you will receive quotes from. If you wish to select specific providers to receive pricing from, we have a listing of the cheapest car insurance companies in your area. Click here for list of insurance companies.

Whichever way you choose to compare rates, do your best to enter nearly identical quote information for every company. If you have different data it will be nearly impossible to determine which rate is truly the best. Just a small difference in insurance coverages can mean a large discrepancy in price. And when quoting car insurance, remember that comparing more company’s prices helps increase your odds of locating more affordable insurance.

What is the best insurance coverage?

When choosing coverage, there is no single plan that fits everyone. Everyone’s needs are different so this has to be addressed. For instance, these questions might point out whether you might need an agent’s assistance.

• How high should my uninsured/underinsured coverage be in my state?
• Am I covered when using my vehicle for business?
• How does medical payments coverage work?
• Do I have coverage for damage caused while driving under the influence?
• What is medical payments coverage?
• What vehicles should carry emergency assistance coverage?
• Do I need added coverage for expensive stereo equipment?
• Why is insurance for a teen driver so high?
• Should I buy more coverage than the required minimum liability coverage?
• Is pleasure use cheaper than using my 2003 Chevy Silverado 3500 to commute?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies.

Auto insurance coverages

Knowing the specifics of insurance can help you determine appropriate coverage for your vehicles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find the normal coverages found on most insurance policies.

Auto liability – This coverage will cover damage or injury you incur to a person or their property that is your fault. It protects YOU against claims from other people, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 50/100/50 that means you have a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Alternatively, you may have one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage pays for claims such as structural damage, funeral expenses and repair bills for other people’s vehicles. How much liability should you purchase? That is a personal decision, but you should buy higher limits if possible.

Comprehensive auto coverage – Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like damage from getting keyed, hail damage and rock chips in glass. The highest amount a insurance company will pay at claim time 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.

Collision coverage – Collision insurance pays to fix your vehicle from damage resulting from a collision with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers things like colliding with another moving vehicle, hitting a parking meter, hitting a mailbox and rolling your car. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. You can also raise the deductible in order to get cheaper collision rates.

Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance pay for bills such as chiropractic care, EMT expenses, pain medications and doctor visits. The coverages can be used to fill the gap from your health insurance program or if you are not covered by health insurance. Coverage applies to all vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage – This gives you protection when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as damage to your Chevy Silverado 3500.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Frequently the UM/UIM limits do not exceed the liability coverage limits.

In any little way, save everyday

Lower-priced 2003 Chevy Silverado 3500 insurance can be bought from both online companies as well as from insurance agents, so you should be comparing quotes from both to get a complete price analysis. There are still a few companies who may not have the ability to get a quote online and usually these smaller providers provide coverage only through independent agencies.

As you go through the steps to switch your coverage, never reduce needed coverages to save money. In many cases, someone sacrificed physical damage coverage only to regret at claim time that a couple dollars of savings turned into a financial nightmare. Your objective should be to purchase plenty of coverage at the best price but still have enough coverage for asset protection.

Additional detailed information is available by following these links:

• Auto Insurance FAQ (Farmers Insurance)
• How Much are Auto Insurance Rates for a Chevrolet Silverado in Louisville? (LouisvilleInsure.com)
• Collision Coverage (Liberty Mutual)
• Teen Driver Licensing Information (iihs.org)
• Side Impact Crash Tests (iihs.org)
• Smart Auto Insurance Tips (Insurance Information Insitute)
• Uninsured Motorists: Threats on the Road (Insurance Information Insitute)