2017 Chevrolet Silverado 3500HD Insurance Cost – 5 Policy Discounts

Are you drained from not being able to afford to insure your Chevy every month? Your situation is no different than many other drivers. With so many options when it comes to insurance, it’s nearly impossible to choose the most affordable insurer.

Finding the best rates is not that difficult. If you have car insurance now, you should be able to reduce your rates substantially using this strategy. Vehicle owners just need to know how to compare company rates over the internet.

Compare car insurance quotes online

Most major insurance companies allow consumers to get prices for coverage directly from their websites. The process is possible for anyone as you simply type in your coverage preferences into the form. Upon sending the form, the company’s rating system collects reports for credit and driving violations and returns a price based on these and other factors. Being able to quote online helps simplify price comparisons, but having to visit multiple sites and type in your information can be a bit tiresome and repetitive. But it is imperative to get many rate quotes if you are searching for the lowest car insurance rates.

The preferred way to compare rates utilizes a single form to return rates from multiple companies. It’s a real time-saver, eliminates repetitive work, and makes comparison shopping a little more enjoyable. After your information is entered, it is quoted and you can select any or none of the quotes returned. If the quotes result in lower rates, it’s easy to complete the application and buy the policy. The entire process takes just a few minutes to complete and you will find out if you’re overpaying now.

To find out if lower rates are available, click here and begin entering your coverage information. If you have a policy now, it’s recommended you type in deductibles and limits identical to your current policy. Doing this guarantees you will receive rate comparison quotes for the exact same coverage.

These five discounts can lower your auto insurance rates

Some companies do not list the entire discount list very well, so the next list breaks down both well-publicized as well as the least known credits available to bring down your rates.

• Air Bags and Passive Restraints – Factory options such as air bags may earn rate discounts of 20 to 30 percent.
• Discount for Life Insurance – Some insurance companies give a small discount if you purchase life insurance.
• Multiple Policy Discount – When you have multiple policies with the same insurance company they may give you a discount of as much as 10 to 15 percent.
• Online Discount – Many insurance companies provide a small discount for completing your application on their website.
• Low Mileage Discounts – Keeping the miles down on your Chevy may allow you to get better auto insurancerates on cars that stay parked.

It’s important to note that most discount credits are not given to the entire policy premium. Some only apply to individual premiums such as physical damage coverage or medical payments. So even though you would think adding up those discounts means a free policy, companies wouldn’t make money that way. But any discount will positively reduce your policy cost.

A list of auto insurance companies and some of the discounts can be found below.

• State Farm offers premium reductions for good student, accident-free, defensive driving training, multiple autos, and Drive Safe & Save.
• Farmers Insurance includes discounts for bundle discounts, homeowner, teen driver, switch companies, alternative fuel, mature driver, and distant student.
• Progressive discounts include good student, multi-vehicle, online quote discount, homeowner, continuous coverage, and online signing.
• Geico may have discounts that include multi-policy, defensive driver, seat belt use, air bags, and anti-lock brakes.
• Auto-Owners Insurance may include discounts for safe driver, safe vehicle, anti-theft, multi-policy, mature driver, and good student.
• The Hartford may offer discounts for anti-theft, vehicle fuel type, good student, defensive driver, air bag, and driver training.
• Farm Bureau policyholders can earn discounts including good student, multi-vehicle, renewal discount, driver training, safe driver, 55 and retired, and youthful driver.
• USAA has savings for loyalty savings, good student, vehicle storage, driver training, safe driver, family discount, and military installation.

Double check with every insurance company the best way to save money. Some discounts may not be offered in your area. If you would like to view insurers with discount auto insurance rates, click here to view.

Different people need different insurance coverages

When choosing coverage for your vehicles, there really is no perfect coverage plan. Everyone’s needs are different so your insurance needs to address that. These are some specific questions can help discover if your situation might need an agent’s assistance.

• Does my personal policy cover me when driving out-of-state?
• Can I afford to buy a different vehicle if my 2017 Chevy Silverado 3500HD is totaled?
• Am I covered if I wreck a rental car?
• Do I need an umbrella policy?
• What if I don’t agree with a claim settlement offer?
• What is the rate difference between pleasure use and commuting?
• Are all vehicle passengers covered by medical payments coverage?
• Should I rate my 2017 Chevy Silverado 3500HD as pleasure use or commute?

If you don’t know the answers to these questions then you might want to talk to an agent. If you don’t have a local agent, complete this form or click here for a list of insurance companies in your area. It only takes a few minutes and may give you better protection.

Specifics of your auto insurance policy

Having a good grasp of your auto insurance policy can help you determine the right coverages at the best deductibles and correct limits. Auto insurance terms can be impossible to understand and even agents have difficulty translating policy wording. Shown next are typical coverage types offered by auto insurance companies.

Comprehensive protection – This will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as rock chips in glass, damage from a tornado or hurricane, hitting a bird and damage from flooding. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Chevy Silverado 3500HD.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.

Collision – Collision insurance pays for damage to your Silverado 3500HD resulting from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as colliding with a tree, crashing into a ditch and colliding with another moving vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. You can also bump up the deductible to bring the cost down.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses for surgery, pain medications, hospital visits, dental work and nursing services. They are used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Liability car insurance – Liability coverage provides protection from damages or injuries you inflict on a person or their property by causing an accident. This insurance protects YOU against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.

Liability coverage protects against claims like court costs, bail bonds, emergency aid, repair costs for stationary objects and legal defense fees. How much liability coverage do you need? That is a personal decision, but you should buy as much as you can afford.

The best insurance company isn’t always the cheapest

You just read many tips how you can shop for 2017 Chevy Silverado 3500HD insurance online. The most important thing to understand is the more rate comparisons you have, the better your comparison will be. You may even find the biggest savings come from the smaller companies. Smaller companies can often provide lower premium rates in certain areas as compared to the big name companies such as Progressive or Geico.

When searching for inexpensive insurance quotes, do not buy less coverage just to save a little money. In too many instances, an insured dropped physical damage coverage and found out when filing a claim they didn’t have enough coverage. Your objective should be to purchase a proper amount of coverage at the best price while not skimping on critical coverages.

Much more information about insurance coverage can be found on the following sites:

• Medical Payments Coverage (Liberty Mutual)
• Booster Seat Ratings (iihs.org)
• Parking Tips to Reduce Door Dings (State Farm)
• Safety Belts FAQ (iihs.org)