2005 Chevrolet Silverado 3500 Car Insurance Rates

Trying to find the cheapest car insurance rates for your Chevrolet Silverado 3500? Are you tired of being strong-armed to buy car insurance? You have the same problem as the majority of other people.

You have multiple auto insurance companies to buy insurance from, and although it’s a good thing to have a choice, having more insurance companies makes it harder to find the lowest rates.

It’s smart to do price comparisons periodically because prices are constantly changing. Just because you had the best quotes on Silverado insurance at your last renewal other companies may now be cheaper. There is a lot of bad advice regarding car insurance out there, but in just a couple of minutes you can learn some proven techniques to stop overpaying for insurance.

Finding the best rates is not that difficult. If you currently have a car insurance policy, you should be able to save some money using this strategy. Nevertheless, drivers do need to understand how the larger insurance companies sell insurance online and take advantage of how the system works.

Good decisions result in lower insurance costs

Part of the insurance buying process is learning the different types of things that come into play when calculating your policy premiums. When you know what positively or negatively positively or negatively impacts your premiums, this enables informed choices that can earn you better insurance rates. Multiple criteria are part of the calculation when premium rates are determined. Most are fairly basic like a motor vehicle report, but others are more obscure like your vehicle usage or your financial responsibility.

• Drive less and pay lower prices – The more you drive your Chevy each year the more you’ll pay to insure it. Most companies apply a rate based upon how the vehicle is primarily used. Autos used primarily for pleasure use cost less to insure compared to those used for work or business. It’s a smart idea to ensure your insurance declarations sheet correctly shows the correct driver usage, because it can save money. A policy that improperly rates your Silverado 3500 may be costing you.
• Get cheaper prices after the wedding – Walking down the aisle may cut your premiums compared to being single. It means you’re more mature it has been statistically shown that being married results in fewer claims.
• Qualify for multi-policy discounts – Many insurers afford better rates to people that buy multiple policies. It’s known as a multi-policy discount. Discounts can be ten or even fifteen percent. Even though this discount sounds good, consumers should still compare other company rates to help guarantee you have the best rates. You may still save money by buying insurance from a different company.
• Avoid unnecessary extra policy coverages – Insurance companies have many additional extra coverages you can purchase on your Silverado 3500 policy. Insurance for roadside assistance, towing, and extra equipment coverage may be wasting your money. They may seem like a good idea when you first buy your policy, but if you have no use for them consider taking them off your policy.

The method we recommend to compare insurance rates from multiple companies utilizes the fact most of the bigger providers have advanced systems to compare their rates. The one thing you need to do is provide details like how much school you completed, whether or not you need a SR-22, what you do for a living, and any included safety features. Your information is instantly sent to insurance carriers in your area and they provide comparison quotes instantly.

To compare multiple company rates now, click here and complete the form.

Be skeptical of insurance ads

Insurance providers like Allstate and Progressive constantly bombard you with ads on TV and radio. They all seem to make an identical promise that you’ll save big if you move to them. How does each company lower your premium rates? Here is the trick they use.

Different companies can use profiling for the driver that is profitable for them. An example of a profitable insured may be a married female, is a homeowner, and has great credit. Someone who matches those parameters will probably get the lowest premium rates and have a good chance to cut their rates if they switch.

People who are not a match for this stringent profile will see a higher premium and this can result in the driver buying from a lower-cost company. The trick is to say “customers that switch” but not “all drivers who get quotes” save that much. This is how insurance companies can make claims like that. Because of this risk profiling, you need to get as many free insurance quotes as possible. It’s just not possible to know which company will fit you best based on your risk profile.

Cheaper insurance rates with discounts

Companies offering auto insurance don’t necessarily list their entire list of discounts very clearly, so the following list contains some of the more common and the more hidden credits available to you.

• Telematics Data Discounts – Drivers who elect to allow companies to study driving habits by installing a telematics device such as Snapshot from Progressive or Drivewise from Allstate might see lower rates as long as they are good drivers.
• Good Grades Discount – Performing well in school can be rewarded with saving of up to 25%. Most companies allow this discount until age 25.
• Theft Deterent – Cars, trucks, and SUVs equipped with anti-theft or alarm systems prevent vehicle theft so companies will give you a small discount.
• Discount for Low Mileage – Driving fewer miles could earn lower premium rates due to less chance of an accident.
• Discounts for Cautious Drivers – Insureds without accidents can get discounts for up to 45% lower rates on Silverado insurance than their less cautious counterparts.
• Senior Citizens – Drivers over the age of 55 are able to get better insurance rates on Silverado insurance.
• No Claims – Good drivers with no accidents can save substantially as opposed to bad drivers.
• Life Insurance Discount – Insurance carriers who offer life insurance give a break if you buy some life insurance in addition to your auto policy.

As a footnote on discounts, most discounts do not apply to the overall cost of the policy. Most only cut individual premiums such as liability, collision or medical payments. So when it seems like you can get free auto insurance, it doesn’t quite work that way. But any discount will definitely lower your overall bill.

A list of companies and some of their more popular discounts include:

• State Farm may have discounts that include student away at school, multiple autos, multiple policy, good driver, Drive Safe & Save, and defensive driving training.
• Progressive policyholders can earn discounts including online signing, multi-vehicle, online quote discount, homeowner, multi-policy, continuous coverage, and good student.
• Travelers includes discounts for save driver, continuous insurance, payment discounts, new car, driver training, and hybrid/electric vehicle.
• American Family has discounts for early bird, multi-vehicle, good driver, accident-free, defensive driver, mySafetyValet, and bundled insurance.
• Liberty Mutual may include discounts for teen driver discount, multi-policy, newly married, hybrid vehicle, and new graduate.

When comparing rates, check with every insurance company the best way to save money. Some credits may not apply in your area. To choose insurance companies with the best insurance discounts, click here.

Tailor your insurance coverage coverage to you

When it comes to choosing proper insurance coverage, there really is not a “perfect” insurance plan. Every insured’s situation is different and a cookie cutter policy won’t apply. Here are some questions about coverages that may help you determine if your insurance needs would benefit from professional advice.

• Does car insurance cover theft of personal property?
• Do I need an umbrella policy?
• Is my custom paint covered by insurance?
• Does medical payments coverage apply to all occupants?
• How much liability insurance is required?
• Can I still get insurance after a DUI?

If it’s difficult to answer those questions, you might consider talking to an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of insurance coverage companies in your area.

Auto insurance coverages and their meanings

Learning about specific coverages of auto insurance can be of help when determining the best coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Shown next are the usual coverages found on most auto insurance policies.

Collision protection

This coverage pays to fix your vehicle from damage resulting from a collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers things like colliding with another moving vehicle, sideswiping another vehicle and hitting a parking meter. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. You can also increase the deductible in order to get cheaper collision rates.

Liability coverage

This protects you from damages or injuries you inflict on people or other property by causing an accident. It protects YOU against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.

Liability coverage pays for things such as medical expenses, funeral expenses and pain and suffering. How much coverage you buy is up to you, but it’s cheap coverage so purchase higher limits if possible.

Coverage for medical payments

Med pay and PIP coverage provide coverage for bills for pain medications, doctor visits, nursing services, ambulance fees and EMT expenses. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants and also covers getting struck while a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive coverages

This coverage pays to fix your vehicle from 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 can pay for claims like damage from getting keyed, a tree branch falling on your vehicle and hitting a bird. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Uninsured and underinsured coverage

This provides protection when the “other guys” do not carry enough liability coverage. This coverage pays for hospital bills for your injuries and also any damage incurred to your Chevy Silverado 3500.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Smart shoppers get results

Lower-priced 2005 Chevy Silverado 3500 insurance can be sourced on the web in addition to local insurance agencies, and you should compare price quotes from both to have the best rate selection. A few companies do not offer rate quotes online and these small insurance companies prefer to sell through independent agencies.

When buying insurance coverage, make sure you don’t reduce coverage to reduce premium. There have been many situations where someone sacrificed comprehensive coverage or liability limits and learned later that it was a big error on their part. Your objective should be to buy the best coverage you can find at the best possible price, but do not skimp to save money.

You just learned quite a bit of information on how to lower your 2005 Chevy Silverado 3500 insurance prices. The most important thing to understand is the more quotes you get, the higher your chance of finding low cost insurance. You may even find the most savings is with a small mutual company. These companies often have lower rates on specific markets as compared to the big name companies such as Progressive or Geico.

More detailed auto insurance information can be found at these sites:

• Electronic Stability Control FAQ (iihs.org)
• How Much is Jersey City Auto Insurance for a Chevrolet Silverado? (InsuranceJerseyCity.com)
• Keeping Children Safe in Crashes Video (iihs.org)
• What if I Can’t Find Coverage? (Insurance Information Insitute)
• Auto Insurance 101 (About.com)
• What does Personal Injury Protection (PIP) Cover? (Allstate)
• Things to Know Before you Cancel Insurance (Allstate)