2014 Chevrolet Silverado 2500HD Car Insurance Quotes – 5 Discounts for Best Rates

Trying to find lower car insurance rates for your Chevrolet Silverado 2500HD? Did you make the mistake of buying overpriced car insurance? It’s a common feeling and there are lots of residents who feel the same. Many insurance companies vie for your hard-earned dollar, and because of this it can be hard to compare car insurance companies to get the lowest price

If you have a current insurance policy or are just looking to switch companies, you can follow these tips to cut your premiums while maximizing coverage. Finding the best rates is not rocket science. Drivers only need to know the proper methods to buy insurance on the web.

Insurance coverage policy discounts

Not many people think insurance is cheap, but there are discounts available that could help you make your next renewal payment. A few discounts will automatically apply when you complete an application, but some must be requested specifically prior to getting the savings.

• Good Driver Discount – Insureds who avoid accidents could pay up to 40% less for SilveradoHD coverage compared to accident prone drivers.
• Safety Course Discount – Participating in a class that teaches defensive driving techniques can save you 5% or more and easily pay for the cost of the class.
• Theft Deterent System – Cars optioned with advanced anti-theft systems are less likely to be stolen and qualify for as much as a 10% discount.
• Accident Free – Good drivers with no accidents can earn big discounts when compared with bad drivers.
• Early Payment Discounts – If you can afford to pay the entire bill instead of monthly or quarterly installments you may reduce your total bill.

A little disclaimer on discounts, some of the credits will not apply to your bottom line cost. Most only cut the cost of specific coverages such as medical payments or collision. So even though it sounds like it’s possible to get free car insurance, you aren’t that lucky. But all discounts will help reduce the premium cost.

Companies and a summarized list of policyholder discounts are shown below.

• State Farm offers premium reductions for multiple autos, anti-theft, good student, multiple policy, Drive Safe & Save, passive restraint, and accident-free.
• Geico offers discounts for seat belt use, military active duty, driver training, emergency military deployment, membership and employees, air bags, and defensive driver.
• SAFECO policyholders can earn discounts including anti-lock brakes, multi-car, safe driver, accident prevention training, teen safe driver, and homeowner.
• Farmers Insurance has discounts for teen driver, bundle discounts, homeowner, alternative fuel, multi-car, and switch companies.
• AAA offers discounts including pay-in-full, education and occupation, AAA membership discount, multi-policy, and anti-theft.
• USAA includes discounts for multi-vehicle, vehicle storage, driver training, safe driver, annual mileage, loyalty savings, and new vehicle.

When quoting, ask all the companies which credits you are entitled to. Depending on the company, some discounts might not be offered on policies in your area. For a list of providers that offer some of these discounts, click here to view.

How do I know if I need professional advice?

When it comes to buying the right insurance coverage for your personal vehicles, there isn’t really a cookie cutter policy. Every situation is different so your insurance needs to address that. For example, these questions may help highlight if your situation may require specific advice.

• Which is better, split liability limits or combined limits?
• Is extra glass coverage worth it?
• When can I cancel my policy?
• Does my medical payments coverage pay my health insurance deductible?
• Why am I be forced to buy a membership to get insurance from some companies?
• When should my teen driver be added to my policy?
• What if I owe more than I can insure my car for?

If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area. It’s fast, free and can help protect your family.

Beware of misleading car insurance ads

Consumers can’t ignore all the ads that claim the best prices from the likes of Progressive, Geico, Allstate and State Farm. All the companies make the point that people will save if you switch your policy.

How do they all charge less that you’re paying now? It’s all in the numbers.

Different companies offer their best rates for the type of driver that will generate a profit. A good example of a desirable risk might be between the ages of 30 and 50, has a clean driving record, and has excellent credit. Any customer who fits that profile will get the preferred prices and have a good chance to save if they switch.

People who are not a match for these stringent criteria will be quoted higher rates which results in the customer buying from a different company. The ads say “people that switch” but not “everyone who gets a quote” save that much. That’s why insurance companies can confidently make claims that they all have the best premium rates.

This illustrates why it’s extremely important to do a price quote comparison at every renewal. It is just not possible to predict with any certainty which company will give you lower auto insurance rates than your current company.

Educate yourself about insurance coverages

Knowing the specifics of a insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. Below you’ll find typical coverages found on the average insurance policy.

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

Collision coverage pays for claims like hitting a parking meter, colliding with a tree, sideswiping another vehicle, crashing into a ditch and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also increase the deductible to bring the cost down.

Comprehensive insurance – This covers damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things like a tree branch falling on your vehicle, a broken windshield and fire damage. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Coverage for medical expenses – Med pay and PIP coverage pay for short-term medical expenses for rehabilitation expenses, prosthetic devices, chiropractic care and nursing services. They are used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants as well as if you are hit as a while walking down the street. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea. Most of the time these limits are set the same as your liablity limits.

Liability coverage – Liability coverage will cover damage or injury you incur to other’s property or people that is your fault. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 100/300/100 which means $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see a combined limit which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage protects against claims like court costs, funeral expenses and structural damage. The amount of liability coverage you purchase is your choice, but you should buy as high a limit as you can afford.

One last thing about your coverage

More affordable insurance coverage can be sourced online and from local agencies, so you need to quote insurance coverage with both in order to have the best price selection to choose from. There are still a few companies who may not offer online rate quotes and these regional carriers only sell coverage through independent agencies.

When getting insurance coverage quotes online, do not sacrifice coverage to reduce premiums. There have been many situations where an insured cut comprehensive coverage or liability limits to discover at claim time that their decision to reduce coverage ended up costing them more. The ultimate goal is to buy a smart amount of coverage for the lowest cost while still protecting your assets.

More detailed insurance coverage information is located in these articles:

• Safety Features for Your New Car (State Farm)
• How Much are Milwaukee Car Insurance Rates for a Chevrolet Silverado? (MilwaukeeInsure.com)
• Who Has Cheap Auto Insurance for a Chevrolet Silverado in Kansas City? (KCAutoGuard.com)
• What is Gap Insurance? (Insurance Information Insitute)
• Help Your Teen Be a Better Driver (State Farm)
• Auto Insurance Facts and Statistics (Insurance Information Insitute)
• Your Car has been Stolen: Now What? (Allstate)