Compare 1999 Chevrolet Silverado 2500 Insurance Quotes

Paying for high-priced Chevrolet Silverado 2500 insurance can drain your savings account and make it impossible to make ends meet. Shopping your coverage around is a great way to tighten up your finances. Drivers have multiple auto insurance companies to purchase coverage from, and although it’s a good thing to have a selection, lots of choices makes it harder to compare rates.

It’s a good idea to price shop coverage before your policy renews because prices change regularly. Despite the fact that you may have had the best price for Silverado coverage last year you can probably find a better price now. There is too much inaccurate information about auto insurance on the internet, so I’m going to show you some solid techniques on how to find cheap auto insurance.

Free Auto Insurance Quotes

Finding lower auto insurance rates doesn’t have to be difficult. All you need to do is take a couple of minutes comparing rate quotes provided by online insurance companies. This can be accomplished in just a few minutes using one of these methods.

  1. The single most time-saving way consumers can make multiple comparisons is an all-inclusive rate comparison like this one (opens in new window). This method prevents you from having to do multiple quote forms to each individual auto insurance company. In just a few minutes this one form gets you price quotes instantly.
  2. A different way to analyze rates requires a visit to the website for each individual company to complete a price quote. For examples sake, let’s say you want to compare rates from Geico, State Farm and Liberty Mutual. To find out each rate you need to visit each site and enter your information, which is why most consumers use the first method.

    To view a list of companies in your area, click here.

  3. The most time-consuming way of getting rate comparisons is driving to insurance agents’ offices. Buying insurance online can eliminate the need for a local agent unless you require the professional guidance of a licensed agent. You can, however, compare online quotes and still use a local agent. We’ll cover that shortly.

Whichever method you choose, compare the exact same coverages on every quote you get. If your comparisons have different limits and deductibles on each one you will not be able to determine the lowest rate for your Chevy Silverado 2500.

Lots of discounts mean lots of savings

Car insurance companies don’t always list every available discount very well, so here is a list both well-publicized as well as the least known ways to save on insurance coverage. If you don’t get every credit you qualify for, you are paying more than you should be.

  • Low Mileage – Low mileage vehicles could be rewarded with a substantially lower rate.
  • Accident Waiver – A handful of insurance companies permit an accident before your rates go up if you are claim-free for a particular time prior to the accident.
  • Good Student – Performing well in school can be rewarded with saving of up to 25%. The good student discount can last up to age 25.
  • Use Seat Belts – Requiring all passengers to use their safety belts can save up to 15% off your medical payments premium.
  • Safe Driver Discount – Drivers who avoid accidents can pay as much as 50% less for Silverado coverage than drivers with accident claims.
  • Passive Restraint Discount – Factory air bags or automatic seat belts can get savings of up to 25% or more.
  • Organization Discounts – Being a member of a qualifying organization could qualify you for a break on your policy for Silverado coverage.

Drivers should understand that many deductions do not apply to your bottom line cost. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. So when it seems like all those discounts means the company will pay you, you won’t be that lucky.

Car insurance companies that may offer these money-saving discounts are:

Double check with each company which discounts they offer. Discounts may not be available everywhere.

Situations that might require an agent

When it comes to buying the best auto insurance coverage, there really is not a cookie cutter policy. Everyone’s situation is a little different and a cookie cutter policy won’t apply. For instance, these questions might point out whether your personal situation may require specific advice.

  • What happens if I owe more than my 1999 Chevy Silverado 2500 is worth?
  • When would I need additional glass coverage?
  • Should I buy more coverage than the required minimum liability coverage?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Do I need to file an SR-22 for a DUI in my state?
  • What is high-risk coverage and where do I buy it?

If it’s difficult to answer those questions, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It’s fast, free and may give you better protection.

Your Chevy Silverado 2500 insurance rate is a complex equation

It’s important that you understand the rating factors that help determine your car insurance rates. Knowing what influences your rates helps enable you to make changes that can help you get big savings.

  • More claims means more premium – If you frequently file small claims, you can definitely plan on higher rates. Auto insurance companies give cheaper rates to policyholders who are claim-free. Insurance coverage is meant to be used in the event of major claims that would cause financial hardship.
  • Do you need the policy add-ons? – There are many extra bells and whistles that you can buy on your Silverado 2500 policy. Insurance for vanishing deductibles, towing coverage and motor club memberships may be costing you every month. These may sound like a good investment when talking to your agent, but if you don’t need them eliminate the coverages to reduce your premium.
  • Men pay higher rates – Statistics have proven women tend to be less risk to insure than men. That doesn’t necessarily mean that women are better drivers. Both sexes cause accidents at a similar rate, but men cause more damage. Men also receive more costly citations like reckless driving and DUI. Male drivers age 16 to 19 tend to get in the most accidents and are penalized with high car insurance rates.
  • High deductibles save money – The deductibles represent how much money you are willing to pay out-of-pocket before your car insurance pays a claim. Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, insures against damage to your car. A few examples of covered claims would be colliding with a building, damage from fire, or theft. The more you have to pay, the bigger discount you will receive for Silverado coverage.

Buyer beware of insurance coverage advertising tricks

Drivers can’t ignore all the ads for cheaper car insurance from the likes of Allstate and Progressive. All the ads make the same claim that you’ll save big if you change your coverage to them.

But how can every company say the same thing?

All companies can use profiling for the type of driver that makes them money. For example, a desirable insured could be between the ages of 40 and 55, is a homeowner, and has excellent credit. A customer getting a price quote who fits that profile will qualify for the lowest rates and most likely will save when they switch companies.

Drivers who don’t qualify for these standards will be charged a more expensive rate which leads to business going elsewhere. Company advertisements say “customers that switch” not “everyone that quotes” save that kind of money. That’s the way insurance companies can claim big savings. That is why it’s extremely important to compare as many rates as you can. It is impossible to predict the company that will give you the biggest savings on Chevy Silverado 2500 insurance.

Car insurance 101

Having a good grasp of insurance can be of help when determining which coverages you need and proper limits and deductibles. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Shown next are typical coverage types available from insurance companies.

Collision coverages – This coverage pays for damage to your Silverado 2500 from colliding with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like sideswiping another vehicle, damaging your car on a curb, crashing into a ditch, rolling your car and driving through your garage door. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also increase the deductible in order to get cheaper collision rates.

Comprehensive auto coverage – This coverage covers damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like theft, vandalism, damage from getting keyed and fire damage. The most a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Medical payments and PIP coverage – Med pay and PIP coverage kick in for bills such as ambulance fees, chiropractic care, nursing services and surgery. They are used to fill the gap from your health insurance plan or if you are not covered by health insurance. It covers all vehicle occupants and also covers if you are hit as a while walking down the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage provides protection when other motorists are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your Chevy Silverado 2500.

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 important protection for you and your family.

Auto liability – This coverage can cover injuries or damage you cause to a person or their property. It protects you against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability coverage protects against claims such as structural damage, bail bonds, funeral expenses and loss of income. The amount of liability coverage you purchase is up to you, but you should buy as high a limit as you can afford.

Get your money’s worth

We just presented many ways to shop for 1999 Chevy Silverado 2500 insurance online. It’s most important to understand that the more providers you compare, the better likelihood of reducing your rate. Consumers may even find the lowest rates come from a small mutual company. Regional companies can often insure niche markets at a lower cost as compared to the big name companies such as Allstate and Progressive.

As you prepare to switch companies, don’t be tempted to sacrifice coverage to reduce premiums. There have been many situations where someone dropped liability limits or collision coverage only to discover later that the few dollars in savings costed them thousands. The ultimate goal is to find the BEST coverage at the best price while not skimping on critical coverages.

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