How Much Does 2018 Chevrolet Silverado 2500HD Insurance Cost?

Trying to find lower insurance rates? Buyers have many options when searching for the lowest priced Chevy Silverado 2500HD insurance. You can either waste hours calling around getting price quotes or utilize the internet to find the lowest rates.

There is a right way and a wrong way to compare insurance rates so we’re going to tell you the proper way to compare rates for your Chevy and obtain the cheapest rates.

It’s a great practice to price shop coverage every six months due to the fact that insurance prices change regularly. Despite the fact that you may have had the lowest rate for SilveradoHD coverage two years ago you can probably find a lower rate today. You can find a lot of wrong information about insurance on the internet, but in this article, you’re going to get some solid techniques on how to find cheap insurance.

Smart consumers save money

Many things are part of the equation when you get a price on insurance. A few of the factors are predictable such as your driving record, but others are more obscure such as whether you are married or how financially stable you are.

Shown below are some of the most rate-impacting factors companies use to determine your prices.

  • Do you have a stressful employer? – Occupations such as real estate brokersair traffic controllers and miners usually pay the highest rates attributed to intense work situations and lengthy work days. Conversely, careers like professors, historians and retirees receive lower rates for SilveradoHD coverage.
  • Gender is a factor – Statistics demonstrate women are more cautious behind the wheel. It does not mean women are better drivers. Males and females get in fender benders in similar numbers, but males have costlier accidents. They also have more aggressive citations such as reckless driving. Teenage male drivers are most likely to cause an accident and therefore pay the highest rates.
  • Driving citations will cost you – How you drive has a big impact on rates. Getting just one chargable violation can boost insurance rates to the point where it’s not affordable. Drivers with clean records receive lower rates as compared to those with violations. Drivers who have gotten multiple citations like reckless driving, hit and run or driving under the influence might be required by their state to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to legally drive.
  • Theft deterrents save – Driving a car with a theft deterrent system can help lower your rates. Systems that thwart theives such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder vehicle theft.
  • No policy lapses lowers premiums – Driving without insurance coverage in place is against the law and you will pay a penalty because you let your coverage lapse. And not only will your rates increase, getting caught without coverage will get you a fine, jail time, or a revoked license.
  • Consolidate home and auto and save – Some insurers apply better rates to policyholders that purchase more than one policy. It’s known as a multi-policy discount. Even if you’re getting this discount drivers will still want to get quotes from other companies to ensure the best deal.
  • Cheaper rates with high deductibles – The deductibles you choose state the amount of money you are required to spend if you file a covered claim. Protection for physical damage, otherwise known as comp (or other than collision) and collision, protects your car from damage. A few examples of covered claims could be a windshield broken by a bird, vandalism, and damage caused by road hazards. The larger the amount you choose to pay out-of-pocket, the less your insurance will be for SilveradoHD coverage.

Compare quotes for auto insurance

There are several ways to compare auto insurance prices but there is one way that is easier and takes less work. You can waste hours driving to insurance companies in your area, or you can utilize online quotes for quick rates.

Most major companies take part in a program that enables customers to submit one quote, and every company returns a competitive quote based on that information. This saves time by eliminating quote requests for each company.

To access this free quoting program, click here to open in new window.

The one downside to getting quotes like this is you are unable to specify the insurers you want to price. So if you prefer to pick from a list of companies to receive pricing from, we have a listing of the cheapest auto insurance companies in your area. Click here to view list.

Whichever way you use, make darn sure you compare the same coverage limits for each price quote. If you are comparing differing limits then you won’t be able to determine the lowest rate for your Chevy Silverado 2500HD.

Drivers who switch save $428 a year? Really?

Consumers constantly see and hear ads that claim the best prices from companies such as Progressive, Allstate and GEICO. All the companies state the claim that you’ll save big if you switch your insurance policy to them.

How does each company save you money? This is how they do it.

Insurance providers can use profiling for the type of driver they prefer to insure. An example of a preferred risk could be between 25 and 40, has a clean driving record, and drives a vehicle with a low ISO rating. Someone who matches those parameters will get the preferred car insurance rates and will also pay quite a bit less when switching companies.

Potential insureds who don’t meet these standards will get a higher rate which usually ends up with the customer not buying. The trick is to say “drivers that switch” not “everybody who quotes” can get the lowest rates when switching. That’s the way insurance companies can make claims like that.

Because of the profiling, you really need to do a rate comparison at every renewal. It’s impossible to know which company will give you lower car insurance rates than your current company.

Do you qualify for discount auto insurance?

Companies offering auto insurance do not advertise every available discount very well, so we break down a few of the more common as well as some of the hidden credits that may apply to you.

  • Good Students Pay Less – Getting good grades can be rewarded with saving of up to 25%. The good student discount can last well after school through age 25.
  • Multi-policy Discount – When you combine your auto and home insurance and insure them with the same company you may earn approximately 10% to 15%.
  • Discount for Swiching Early – Some auto insurance companies provide a discount for buying a new policy prior to your current policy expiration. This discount can save up to 10%.
  • Theft Prevention Discount – Cars and trucks equipped with anti-theft or alarm systems prevent vehicle theft and can earn a small discount on your policy.
  • Save over 55 – If you qualify as a senior citizen, you can get lower premium rates for SilveradoHD coverage.
  • Full Payment Discount – By making one initial payment rather than paying in monthly installments you can avoid the installment charge.

As a disclaimer on discounts, most of the big mark downs will not be given to all coverage premiums. Some only reduce the price of certain insurance coverages like liability, collision or medical payments. Even though the math looks like all the discounts add up to a free policy, insurance companies wouldn’t stay in business. But all discounts should help lower your policy premium.

A few of the larger companies and some of the premium reductions they offer are:

  • State Farm policyholders can earn discounts including anti-theft, Drive Safe & Save, Steer Clear safe driver discount, defensive driving training, safe vehicle, accident-free, and student away at school.
  • Nationwide may include discounts for easy pay, Farm Bureau membership, multi-policy, accident-free, good student, and defensive driving.
  • GEICO offers discounts for multi-vehicle, multi-policy, five-year accident-free, anti-theft, daytime running lights, driver training, and air bags.
  • AAA may have discounts that include AAA membership discount, multi-car, pay-in-full, anti-theft, education and occupation, and multi-policy.
  • 21st Century offers premium reductions for teen driver, early bird, defensive driver, air bags, 55 and older, and automatic seat belts.
  • The Hartford may offer discounts for vehicle fuel type, defensive driver, anti-theft, driver training, and air bag.

If you need lower rates, check with each company or agent what discounts are available to you. Some discounts listed above might not apply in your area. To locate insurers who offer cheap auto insurance quotes, click this link.

What insurance coverages do I need?

When buying the best car insurance coverage, there really is not a one size fits all plan. Each situation is unique.

For instance, these questions can aid in determining if your situation may require specific advice.

  • Do I need more liability coverage?
  • Does coverage extend to Mexico or Canada?
  • Do I pay less for low miles?
  • When would I need rental car insurance?
  • What vehicles should carry emergency assistance coverage?
  • Am I covered when pulling a rental trailer?
  • What is high-risk coverage and where do I buy it?
  • Can I afford to pay high deductible claims out of pocket?

If it’s difficult to answer those questions then you might want to talk to an insurance agent. To find lower rates from a local agent, take a second and complete this form. It’s fast, free and can provide invaluable advice.

The coverage is in the details

Understanding the coverages of auto insurance helps when choosing which coverages you need and the correct deductibles and limits. Auto insurance terms can be difficult to understand and reading a policy is terribly boring.

Protection from uninsured/underinsured drivers

This protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is a good idea. Most of the time these coverages do not exceed the liability coverage limits.

Auto collision coverage

This will pay to fix damage to your Silverado 2500HD resulting from colliding with another car or object. A deductible applies then your collision coverage will kick in.

Collision can pay for things such as sustaining damage from a pot hole, crashing into a ditch and driving through your garage door. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. You can also bump up the deductible to save money on collision insurance.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for ambulance fees, EMT expenses and pain medications. They are often utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Auto liability

This provides protection from damage or injury you incur to other people or property that is your fault. This coverage protects you against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 50/100/50 which means $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Another option is a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage protects against things such as structural damage, funeral expenses, court costs and repair costs for stationary objects. How much coverage you buy is up to you, but you should buy higher limits if possible.

Comprehensive (Other than Collision)

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as hitting a bird, a broken windshield, damage from getting keyed and damage from flooding. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Have the Midas touch

Budget-conscious 2018 Chevy Silverado 2500HD insurance can be bought both online as well as from insurance agents, so get free insurance quotes from both of them in order to have the best chance of saving money. Some insurance providers may not offer price quotes online and most of the time these regional insurance providers only sell through independent agents.

You just read a lot of ways to lower your 2018 Chevy Silverado 2500HD insurance rates. The most important thing to understand is the more you quote insurance, the better likelihood of getting the cheapest insurance. You may even discover the biggest savings come from the smaller companies.

When you buy insurance online, it’s a bad idea to buy lower coverage limits just to save a few bucks. In too many instances, drivers have reduced uninsured motorist or liability limits only to discover later that the few dollars in savings costed them thousands. The aim is to find the BEST coverage at the best possible price but still have enough coverage for asset protection.

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Comments About 2018 Chevrolet Silverado 2500HD Insurance

  1. Saundra Robles

    If you’re around Allentown, PA try Allstate and GEICO and see which is cheaper.

  2. Penney Shields

    I’m just north of Chicago, IL. Quoted a bunch of companies. Saved darn near $60 a month. 21st Century was the best choice for me. A clean driving record helps. They have free quotes online.

  3. Filiberto Chang

    If you have a clean record and live in the vicinity of Saint Louis, Missouri, check out GEICO. They seem to be cheaper. Got better coverage too. Just go online and compare their rates.

  4. Latrice Rivas

    Checking in from Albuquerque, New Mexico. I quoted with AAA, MetLife, and Travelers for my Chevrolet and I think I am saving around $50 each month. Was with Liberty Mutual. Got better coverage too. Not sure if rates are cheaper online or through an agent.