Looking for the cheapest car insurance rates for your Chevrolet Silverado 3500? Finding low cost car insurance can seem to be hard for beginners to comparing prices online. With so many agents and companies, it can easily be more work than you anticipated to find the best rates.
The best way to find cheaper insurance coverage is to take a look at the rating factors that help calculate the rates you pay for insurance coverage. When you understand what determines premiums, this enables you to make decisions that could result in lower insurance coverage prices. Many factors are used when pricing auto insurance. Some are pretty understandable like an MVR report, but others are not quite as obvious like your continuous coverage or how safe your car is.
Listed below are some of the most rate-impacting factors used by insurance companies to determine prices.
Auto insurance is not an enjoyable expense, but you may find discounts that you may not even be aware of. Some discounts apply automatically at the time of quoting, but a few must be manually applied in order for you to get them.
We need to note that most credits do not apply to all coverage premiums. Some only apply to the cost of specific coverages such as physical damage coverage or medical payments. Even though it may seem like you could get a free auto insurance policy, it doesn’t quite work that way.
Some of the insurance companies who might offer most of the discounts above include:
If you need cheap insurance quotes, ask each company or agent which discounts you may be entitled to. All car insurance discounts might not apply in your area.
When buying the right insurance coverage, there really is no best way to insure your cars. Your needs are not the same as everyone else’s.
For instance, these questions may help highlight whether or not you may require specific advice.
If you can’t answer these questions, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, complete this form.
Knowing the specifics of your insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. Insurance terms can be impossible to understand and reading a policy is terribly boring.
Coverage for liability
Liability insurance provides protection from damage or injury you incur to other’s property or people. It protects YOU against claims from other people. It does not cover damage sustained by your vehicle in an accident.
Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 50/100/50 that means you have a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.
Liability can pay for claims like repair costs for stationary objects, structural damage, attorney fees and medical services. How much coverage you buy is your choice, but you should buy as large an amount as possible.
Collision coverage protection
Collision insurance will pay to fix damage to your Silverado 3500 resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for things such as sideswiping another vehicle, backing into a parked car, crashing into a building and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. Drivers also have the option to bump up the deductible to get cheaper collision coverage.
Comprehensive or Other Than Collision
This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for things like rock chips in glass, damage from getting keyed, hitting a bird and damage from a tornado or hurricane. The most a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.
Medical costs insurance
Coverage for medical payments and/or PIP reimburse you for immediate expenses like prosthetic devices, X-ray expenses, pain medications, rehabilitation expenses and dental work. They can be used to fill the gap from your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage
UM/UIM Coverage
This protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants as well as damage to your 2006 Chevy Silverado 3500.
Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
Low-cost 2006 Chevy Silverado 3500 insurance is available on the web as well as from insurance agents, so you should be comparing quotes from both in order to have the best price selection to choose from. Some companies do not provide the ability to get a quote online and most of the time these small insurance companies only sell through independent insurance agents.
As you go through the steps to switch your coverage, do not skimp on critical coverages to save a buck or two. There are many occasions where someone sacrificed uninsured motorist or liability limits and found out when filing a claim that the small savings ended up costing them much more. Your goal is to buy enough coverage for the lowest price and still be able to protect your assets.
In this article, we covered a lot of techniques to lower your 2006 Chevy Silverado 3500 insurance prices. It’s most important to understand that the more providers you compare, the better your chances of lowering your rates. Consumers may even find the lowest prices are with the least-expected company.
For more information, feel free to browse these articles:
Ciera Leon
Will Progressive raise rates for a small claim?
Lacy Stevenson
Mine is so expensive. I live on the north side of Hartford, CT. Quoted with AAA, Encompass, and Nationwide for my Chevrolet and I’m now saving $33 a month. Was with Farmers. I even had a DUI years ago. Not sure if rates are cheaper online or through an agent.
Shemika Conley
It’s all a rip off. I’m in the west part of Houston, TX. Can’t remember who all I quoted but I ended up saving about $70 each month. BTW speeding tickets are not good. Are quotes cheaper online?
Reyna Horne
Liked the article. Got a quote with Encompass for my 2006 Chevrolet Silverado 3500 and saved about $130 a year. Left GEICO to switch. Hopefully won’t need it.
Digna Campbell
Here’s my quote info. Live in Rutland, VT. Got quotes from GEICO, Encompass, and The General for my Silverado 3500 and saved around $330 a year. Even increased coverage a bit. They have free quotes online.
Lindy Alvarado
Located in Mobile, AL. I got free prices from Allstate, AAA, Erie, and Hartford for my Silverado 3500 and I’m now saving $41 a month. Left Auto-Owners to switch.
Huey Wheeler
If you have a good history and live in the vicinity of Milwaukee, WI, check out Progressive. They seem to be cheaper.
Elizbeth Wallace
Good site, thanks. From a town just southwest of Mobile, AL. Got car insurance quotes from Travelers, AIG Insurance, Liberty Mutual, and MetLife for my 2006 Chevrolet Silverado 3500 and saved just over $310 a year. Insured with Farmers before. Good multi-policy discounts.
Jessenia York
Anyone try to read their policy?
Nikole Thornton
I got decent rates for a 2006 Chevrolet Silverado 3500 in Los Angeles, CA. Ended up at about $420 every six months with AIG Insurance. Left Eastwood to switch. I get lower rates because of my clean driving record.