2007 Chevrolet Silverado 1500 Insurance Quotes – 9 Tips for Cheapest Rates

Frustrated by the wide range of auto insurance providers? people have such a vast assortment of providers available that it can easily turn into a difficult situation to locate the lowest rates.

How to compare car insurance price quotes

Performing a rate comparison can be exhausting if you don’t understand the most efficient way to do it. You can spend countless hours talking to insurance companies in your area, or you could use online quotes to quickly compare rates.

All the larger companies belong to an insurance system where insurance shoppers enter their coverage request one time, and each company returns a competitive quote. This saves time by eliminating form submissions to each company.

To get comparison pricing now click here to start a free quote.

The only drawback to doing it this way is that consumers can’t choose which companies you will receive quotes from. So if you prefer to pick specific providers to receive pricing from, we have a page of the cheapest car insurance companies in your area. Click here to view list.

It’s your choice how you get your quotes, but be certain you are entering the exact same information with each company. If you enter different values for each quote it will be next to impossible to find the best deal for your Chevy Silverado 1500. Slightly different limits may result in large price differences. And when comparing car insurance rates, know that comparing a wide range of rates will enable you to find better pricing.

Are you falling for claims of savings?

Respected companies like Progressive, Allstate and Geico consistently run ads on television and other media. They all seem to make the point that people will save if you move your coverage. That’s great but how can every company give you a better price? It’s all in the numbers.

Different companies quote the lowest rates for the type of driver that will most likely be profitable. A good example of a desirable risk could possibly be a female over age 40, has never had a policy lapse, and drives a car with an anti-theft system. Anyone that meets those criteria may get the lowest auto insurance rates and have a good chance to cut their rates substantially.

Potential customers who don’t measure up to this ideal profile will probably be forced to pay a more expensive rate which results in the driver buying from a lower-cost company. If you pay attention, the ads say “customers who switch” not “everybody who quotes” save that kind of money. That is how insurance companies can advertise the savings.

Different companies use different criteria so you really need to compare as many free insurance coverage quotes as you can. It’s just not possible to know with any certainty which company will have the lowest rates for your situation.

Slash your auto insurance rates with these nine discounts

Not too many consumers would say auto insurance is affordable, but discounts can save money and there are some available that can dramatically reduce your bill. A few discounts will be applied at the time of purchase, but once in a while a discount must be asked for before you get the savings.

• Life Insurance Discount – Not all auto insurance companies offer life insurance, but some may give you a small discount if you purchase a life policy as well.
• Save with More Vehicles Insured – Purchasing coverage when you have all your vehicles on the same auto insurance policy qualifies for this discount.
• Early Signing – A few insurance companies allow discounts for renewing your policy before your current expiration date. It can save you around 10%.
• Discounts for Good Drivers – Safe drivers could pay up to 40% less for Silverado insurance than less cautious drivers.
• Passive Restraints – Cars that have air bags or motorized seat belts could see savings of 20% or more.
• Senior Discount – Mature drivers may receive reduced rates for Silverado insurance.
• Government Employees – Active or retired federal employment may qualify for a discount when you quote insurance coverage for Silverado insurance depending on your auto insurance provider.
• Discount for Multiple Policies – If you combine your homeowners and auto policies and place coverage with the same company you will save up to 20% off your total premium.
• Good Student Discount – Performing well in school can save 20 to 25%. The good student discount can last up to age 25.

One last thing about discounts, some credits don’t apply to the entire policy premium. Most cut specific coverage prices like collision or personal injury protection. So when it seems like all the discounts add up to a free policy, that’s just not realistic.

The best auto insurance companies and the discounts they provide are included below.

• Progressive has savings for continuous coverage, homeowner, good student, online quote discount, multi-vehicle, multi-policy, and online signing.
• AAA offers discounts including multi-policy, good driver, good student, anti-theft, AAA membership discount, education and occupation, and multi-car.
• Farmers Insurance may offer discounts for early shopping, homeowner, alternative fuel, business and professional, switch companies, youthful driver, and bundle discounts.
• Geico has discounts for five-year accident-free, multi-vehicle, air bags, multi-policy, emergency military deployment, and federal employee.
• Esurance may include discounts for DriveSense, multi-policy, anti-lock brakes, multi-car, and good student.
• SAFECO may have discounts that include multi-car, bundle discounts, accident prevention training, drive less, anti-lock brakes, safe driver, and teen safe driver.
• State Farm offers premium reductions for safe vehicle, passive restraint, driver’s education, defensive driving training, good student, and student away at school.

When getting a coverage quote, ask each insurance company which discounts can lower your rates. Savings may not apply to policies in your area.

You are unique and your auto insurance should be too

When buying proper insurance coverage, there is no perfect coverage plan. Everyone’s needs are different.

Here are some questions about coverages that can help discover whether your personal situation will benefit from professional help.

• How can I find cheaper teen driver insurance?
• What companies insure drivers after a DUI or DWI?
• What is covered by UM/UIM coverage?
• Should I waive the damage coverage when renting a car?
• How do I insure my teen driver?
• When should I not file a claim?
• Do I need rental car coverage?
• What is PIP insurance?
• Do I need replacement cost coverage on my 2007 Chevy Silverado 1500?
• Does having multiple vehicles earn me a discount?

If it’s difficult to answer those questions but you know they apply to you then you might want to talk to an agent. If you want to speak to an agent in your area, complete this form.

Auto insurance coverages and their meanings

Learning about specific coverages of auto insurance can help you determine the right coverages and the correct deductibles and limits. Auto insurance terms can be confusing and reading a policy is terribly boring.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance provide coverage for expenses for things like nursing services, EMT expenses, surgery and rehabilitation expenses. They can be used in conjunction with a health insurance plan or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not universally available and may carry a deductible

Liability insurance

Liability insurance can cover damages or injuries you inflict on other people or property by causing an accident. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 50/100/50 which stand for a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Another option is one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability can pay for claims like medical services, pain and suffering and legal defense fees. How much coverage you buy is your choice, but buy as much as you can afford.

Comprehensive auto insurance

Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like hail damage, fire damage and falling objects. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision coverage

Collision insurance will pay to fix damage to your Silverado 1500 resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against things such as scraping a guard rail, hitting a parking meter and damaging your car on a curb. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Drivers also have the option to raise the deductible to save money on collision insurance.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and damage to your 2007 Chevy Silverado 1500.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Better coverage you can count on

Low-cost 2007 Chevy Silverado 1500 insurance is possible both online and from local insurance agents, and you should be comparing both to have the best selection. Some insurance providers may not have rate quotes online and these smaller companies only sell coverage through local independent agents.

You just learned a lot of information how to lower your 2007 Chevy Silverado 1500 insurance rates. It’s most important to understand that the more quotes you get, the better your chances of lowering your car insurance rates. You may even discover the best price on insurance is with a small mutual company.

When getting insurance coverage quotes online, don’t be tempted to sacrifice coverage to reduce premiums. There are too many instances where an insured cut physical damage coverage only to regret at claim time that it was a big error on their part. Your goal should be to buy the best coverage you can find at the best possible price.

More tips and info about insurance is located at these sites:

• Car Insurance: When not to Skimp (BankRate.com)
• What is Gap Insurance? (Insurance Information Insitute)
• Safe Vehicles for Teens (iihs.org)
• How Can I Save Money on Auto Insurance? (Insurance Information Insitute)
• Rollover Crash FAQ (iihs.org)
• Where can I buy Insurance? (Insurance Information Insitute)