Compare 2004 Chevrolet Silverado 1500 Insurance Rates

Drivers have options when trying to find the best price on Chevy Silverado 1500 insurance. They can either waste time driving around getting price quotes or leverage the internet to find the lowest rates. There are both good and bad ways to compare insurance rates and you need to know the absolute fastest way to price shop coverage for your Chevy and get the best price possible either online or from local insurance agents.

You should take the time to do rate comparisons once or twice a year due to the fact that insurance rates change quite often. Despite the fact that you may have had the best premium rates on Silverado coverage at your last renewal you will most likely find a better price today. Don’t believe everything you read about insurance online but in a few minutes you can learn some great ideas on how to reduce your insurance bill.

How to buy auto insurance

Lowering your 2004 Chevy Silverado 1500 auto insurance rates can be quick and easy. You just need to invest a few minutes getting comparison quotes provided by online insurance companies. Rate comparisons can be done in a couple of different ways.

• One of the simplest ways consumers can make multiple comparisons is a comparison rater form click to view form in new window. This method saves time by eliminating separate quotes for every prospective company. One form compares rates from all major companies. Recommended for those who want to invest the least amount of time.
• A more difficult way to find better pricing is spending the time to visit each company website and repeat the quote process again and again. For sake of this example, let’s say you need rates from USAA, Progressive and Geico. In order to compare rates, you need to navigate to each company’s site to enter your coverage information, which explains why we recommend starting with the first method.

  For a handy list of car insurance company links in your area, click here.

• The final method to compare price quotes is driving around to insurance agents’ offices. Shopping for auto insurance online eliminates the need for an insurance agent unless you prefer the professional guidance that only a licensed agent can provide. Although you can price shop your coverage online but still have the advice of a local agent.

Whichever way you choose to compare rates, do your best to use equivalent coverage limits and deductibles on every quote you get. If the quotes have different coverage information then you won’t be able to truly determine the lowest rate.

When in doubt talk to an agent

When choosing the best insurance coverage coverage, there isn’t really a best way to insure your cars. Everyone’s situation is unique.

Here are some questions about coverages that may help highlight if your situation might need an agent’s assistance.

• Do I need roadside assistance coverage?
• Is my 2004 Chevy Silverado 1500 covered for flood damage?
• At what point should I drop full coverage?
• Does my insurance cover a custom paint job?
• Am I covered if I break a side mirror?
• Where can I find high-risk insurance?
• Do I need medical payments coverage since I have good health insurance?
• Do I need PIP (personal injury protection) coverage in my state?
• Can I drive in Mexico and have coverage?

If you don’t know the answers to these questions then you might want to talk to an insurance agent. To find lower rates from a local agent, simply complete this short form. It is quick, free and you can get the answers you need.

Insurance coverages explained

Understanding the coverages of insurance can help you determine appropriate coverage for your vehicles. Policy terminology can be difficult to understand and nobody wants to actually read their policy.

Collision coverages – This coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like scraping a guard rail, colliding with a tree, hitting a parking meter, colliding with another moving vehicle and sideswiping another vehicle. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. You can also raise the deductible to save money on collision insurance.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills like prosthetic devices, doctor visits and hospital visits. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants and will also cover being hit by a car walking across the street. PIP is not an option in every state but can be used in place of medical payments coverage

Coverage for liability – Liability insurance will cover injuries or damage you cause to other people or property by causing an accident. This insurance protects YOU against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 100/300/100 that translate to a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property.

Liability insurance covers things such as medical expenses, funeral expenses and attorney fees. How much coverage you buy is a decision to put some thought into, but buy as high a limit as you can afford.

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries and also any damage incurred to your 2004 Chevy Silverado 1500.

Because many people have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Comprehensive or Other Than Collision – Comprehensive insurance covers damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as rock chips in glass, a tree branch falling on your vehicle, theft, hail damage and damage from a tornado or hurricane. The most you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.