2011 Chevrolet Silverado 3500HD Car Insurance Rates – 9 Tips for Best Quotes

No sane person enjoys paying for auto insurance, especially when they are aware that the cost is way too high.

Due to the abundance of online and local companies to choose from, it can be challenging to find the lowest price insurance company.

Consumers should take time to compare prices before your policy renews due to the fact that insurance prices fluctuate regularly. If you had the lowest rate for SilveradoHD coverage last year a different company probably has better premium rates today. Ignore everything you know about auto insurance because we’re going to show you the things you must know in order to remove unneeded coverages and save money.

This information will help educate you on how car insurance quotes work and some tips to save money. If you have car insurance now, you stand a good chance to be able to lower your premiums substantially using this information. But consumers do need to learn how insurance companies price insurance differently.

Discounts can really help lower rates

Car insurance is not cheap, but there may be some discounts that many consumers don’t even know exist. A few discounts will be applied when you complete an application, but a few must be asked for before they will apply.

• Include Life Insurance and Save – Larger companies have a discount if you purchase life insurance from them.
• Passenger Safety Discount – Factory air bags or automatic seat belts may earn rate discounts of 20% or more.
• Good Driver Discounts – Accident-free drivers may save up to 50% more for SilveradoHD coverage compared to accident prone drivers.
• Low Miles Discount – Low annual miles could qualify for lower prices due to less chance of an accident.
• Distant Student Discount – Children who are enrolled in a college that is more than 100 miles from home without a vehicle on campus may be insured at a cheaper rate.
• Military Deployment Discount – Being deployed in the military may lower your premium rates slightly.
• Anti-lock Brake Discount – Cars, trucks, and SUVs with ABS and/or traction control are safer to drive and earn discounts up to 10%.
• Own a Home and Save – Owning a house can save you money because owning a home means you have a higher level of financial diligence.
• Renewal Discounts – A few insurance companies offer discounts for renewing your policy before your current expiration date. This discount can save up to 10%.

We need to note that most discounts do not apply to the overall cost of the policy. Some only apply to the price of certain insurance coverages like liability and collision coverage. If you do the math and it seems like you can get free auto insurance, nobody gets a free ride.

Popular insurance companies and their offered discounts can be read below.

• 21st Century may offer discounts for early bird, student driver, 55 and older, theft prevention, teen driver, and homeowners.
• State Farm may have discounts that include student away at school, accident-free, multiple policy, Drive Safe & Save, multiple autos, and safe vehicle.
• AAA offers discounts for good student, education and occupation, AAA membership discount, multi-policy, pay-in-full, and good driver.
• Liberty Mutual has discounts for newly retired, safety features, multi-policy, preferred payment discount, new vehicle discount, and new graduate.
• Progressive offers premium reductions for multi-policy, multi-vehicle, online quote discount, homeowner, continuous coverage, good student, and online signing.

Before you buy a policy, ask every insurance company which discounts can lower your rates. All car insurance discounts might not apply in your area. To view insurers with significant discounts, click here.

The fastest way that we advise to compare rates utilizes the fact car insurance companies provide online access to quote your coverage. To get started, all you need to do is spend a couple of minutes providing details such as types of safety features, whether you have decent credit, how you use your vehicles, and coverage limits. That rating data is instantly submitted to many of the top insurers and they return cost estimate very quickly.

Will just any policy work for me?

When it comes to choosing the best insurance coverage, there really is no best way to insure your cars. Each situation is unique and your policy should reflect that. Here are some questions about coverages that could help you determine if you might need professional guidance.

• Am I covered when pulling a rental trailer?
• How much liability insurance is required?
• How does medical payments coverage work?
• How much liability do I need to cover my assets?
• Should I have combined single limit or split liability limits?
• Can I afford to pay high deductible claims out of pocket?
• What is an SR-22 filing?
• What if I don’t agree with a claim settlement offer?
• Do I need motorclub coverage?
• What vehicles should carry emergency assistance coverage?

If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area.

Specific coverages for a Chevy Silverado 3500HD

Learning about specific coverages of auto insurance can be of help when determining appropriate coverage for your vehicles. Policy terminology can be impossible to understand and reading a policy is terribly boring. Listed below are typical coverages found on the average auto insurance policy.

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle when other motorists do not carry enough liability coverage. It can pay for hospital bills for your injuries and also any damage incurred to your Chevy Silverado 3500HD.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Liability coverage

Liability coverage protects you from damages or injuries you inflict on other’s property or people that is your fault. It protects YOU against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

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. As an example, you may have limits of 100/300/100 which means $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Occasionally you may see one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage protects against claims such as court costs, repair costs for stationary objects, pain and suffering, bail bonds and loss of income. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive or Other Than Collision

This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like hitting a bird, hail damage, damage from getting keyed, fire damage and a tree branch falling on your vehicle. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision coverage

Collision insurance pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like sideswiping another vehicle, driving through your garage door and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Another option is to choose a higher deductible to save money on collision insurance.

Medical costs insurance

Medical payments and Personal Injury Protection insurance kick in for bills for X-ray expenses, funeral costs, rehabilitation expenses and EMT expenses. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Keep this in mind

We just showed you some good ideas how to reduce 2011 Chevy Silverado 3500HD insurance rates online. The most important thing to understand is the more quotes you get, the better your chances of lowering your car insurance rates. You may even discover the most savings is with some of the smallest insurance companies. They may only write in your state and offer lower car insurance rates than their larger competitors like Progressive or Geico.

While you’re price shopping online, it’s a bad idea to skimp on critical coverages to save a buck or two. In too many instances, an insured cut liability coverage limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your objective should be to buy the best coverage you can find at the lowest possible cost but still have enough coverage for asset protection.

Even more information is located by following these links:

• Drunk Driving Statistics (Insurance Information Insitute)
• How Can I Save Money on Auto Insurance? (Insurance Information Insitute)
• Vehicle Safety Ratings (iihs.org)
• How to Avoid Buying a Flooded Car (Insurance Information Insitute)
• Auto Insurance Facts and Statistics (Insurance Information Insitute)