2005 Chevrolet Silverado 2500HD Insurance Cost – 5 Policy Discounts
Finding cheap prices for Driversauto insurance is always challenging for drivers who have little experience comparing rates online. Because there are so many online companies available, it can easily become a big hassle to compare prices.
Consumers need to compare rates yearly due to the fact that insurance rates tend to go up over time. Just because you found the lowest rate on SilveradoHD coverage six months ago you may be paying too much now. There is a lot of bad advice regarding auto insurance online but in just a couple of minutes you can learn some of the best ways to lower your auto insurance bill.
The easiest way to compare car insurance rates takes advantage of the fact most of the bigger providers participate in online systems to provide you with free rate quotes. All consumers are required to do is give the companies some data including the year, make and model of vehicles, if you have a valid license, if you require a SR-22, and an estimate of your credit level. The rating information is then sent to all major companies and you receive quotes instantly to find the best rate.
Your insurance coverage coverage should be tailored to you
When buying coverage for your vehicles, there is no cookie cutter policy. Every situation is different.
These are some specific questions may help you determine if your situation will benefit from professional help.
- Does my policy cover my teen driver if they drive my company car?
- What is the minimum liability in my state?
- How much liability do I need to cover my assets?
- Does coverage extend to my business vehicle?
- Should I have a commercial auto policy?
- Can I afford to pay high deductible claims out of pocket?
If you can’t answer these questions but a few of them apply then you might want to talk to an agent. To find an agent in your area, complete this form.
Coverage specifics
Understanding the coverages of your policy can be of help when determining which coverages you need and the correct deductibles and limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording.
Comprehensive insurance – This pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive insurance covers claims such as fire damage, damage from flooding, hail damage, damage from a tornado or hurricane and a tree branch falling on your vehicle. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
Uninsured/Underinsured Motorist (UM/UIM) – This gives you protection from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked. Normally the UM/UIM limits are identical to your policy’s liability coverage.
Liability car insurance – Liability coverage can cover damage that occurs to a person or their property by causing an accident. This coverage protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.
It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.
Liability can pay for things like structural damage, pain and suffering, bail bonds and funeral expenses. How much liability should you purchase? That is a personal decision, but consider buying as large an amount as possible.
Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for funeral costs, chiropractic care, pain medications and nursing services. The coverages can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants and will also cover getting struck while a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage
Collision – Collision insurance will pay to fix damage to your Silverado 2500HD resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.
Collision can pay for things like colliding with a tree, hitting a mailbox and driving through your garage door. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. It’s also possible to choose a higher deductible to bring the cost down.
Beth Bridges
Proud to be from Des Moines, IA. Can’t remember who all I quoted but I ended up saving about $60 each month. Was with American Family. Even increased coverage a bit. They have free quotes online.
Mark Atkins
Good site, thanks. I’m just east of Charlotte, NC. Not sure of all the companies but I ended up saving about $50 each month. I get a discount for insuring multiple vehicles. :)
Magen Hampton
I live in a small town just outside of Cleveland, OH. I got free quotes with Progressive, Auto-Owners, and some I forget for my Chevrolet and I think I am saving around $60 each month. Was with Farmers.
Lesa Sharp
Live in Overland Park, Kansas. Got rates from Allstate, AIG Insurance, Eastwood, and Hanover for my Chevrolet and I think I saved about $30 each month. I get lower rates because of my clean driving record.
Cassandra David
$100 to anyone who understands their policy.
Mathilde Galloway
Just my two cents. From east side of South Burlington, VT. Can’t remember who all I quoted but I ended up saving about $60 each month. I have a couple other vehicles on the policy. :P
Renata Moon
Here’s my info. I’m in the suburbs of Aberdeen, SD. Not sure of all the companies but I ended up saving about $50 each month. Not sure if rates are cheaper online or not.
Paulene Mcintyre
2005 Chevrolet Silverado 2500HD + State Farm = CHEAP! At least inNew Hampshire anyway.
Corrin Oneal
If you don’t have tickets and live around Warren, Michigan, check out Allstate. They seem to be cheaper. Even increased coverage a bit. Not sure about claim service.
Sol Cervantes
Any Allstate or Esurance customers near Hartford, CT?
Hisako Turner
I got quite a few price quotes for a 2005 Chevrolet Silverado 2500HD in Pittsburgh, PA. Ended up at about $480 every six months with AIG Insurance. I even had a DUI years ago. I got a quote from their website.
Jamar Burnett
Found cheapest coverage with Farmers for my 2005 Chevrolet Silverado 2500HD and am saving around $510 a year. I used their online quote form to compare rates.
Jani Mcbride
Affordable car insurance is a myth. Lifelong resident of Newark, Delaware. Got free quotes online for a 2005 Chevrolet Silverado 2500HD. Ended up at about $180 savings annually. Went with Progressive. I recommend comparing lots of rates.
Jeanmarie Salas
I live north of Kansas City, Kansas. Checked online prices for a 2005 Chevrolet Silverado 2500HD. Ended up at about $250 savings annually. Went with GEICO. Was with AIG Insurance.
Garnett Powell
I can’t pay high rates. From Lewiston, ME. Got car insurance quotes with AIG Insurance, Mercury, and some smaller one I can’t remember the name of for my 2005 Chevrolet Silverado 2500HD and saved just over $410 a year. Teenage drivers are expensive!