Compare 2005 Chevrolet Silverado 3500 Insurance Rates

Finding lower rates for insurance coverage can be hard for consumers new to shopping for insurance online. Drivers have so many choices that it can quickly become a ton of work to find lower rates.

Factors that can influence Chevy Silverado 3500 insurance rates

Consumers need to have an understanding of some of the elements that help determine the rates you pay for insurance. Having a good understanding of what controls the rates you pay helps enable you to make changes that may reward you with lower insurance prices.

  • Drive a safer car and pay less – Cars with high safety ratings tend to have better insurance rates. Safer cars reduce injuries and any reduction in injury severity translates into savings for insurance companies and thus lower rates. If your Chevy Silverado 3500 has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
  • Consolidate policies to earn discounts – Many companies provide better rates to insureds who have multiple policies with them such as combining an auto and homeowners policy. Discounts can amount to anywhere from five to ten percent in most cases. If you currently are using one company, it’s in your best interest to shop around to verify if the discount is saving money. You may still find a better deal by buying insurance from a different company.
  • Don’t buy coverages you don’t need – There are many extra coverages that can waste your money on your Silverado 3500 policy. Coverages for personal injury protection, accident forgiveness and term life insurance are some examples. These may sound like a good investment when you first buy your policy, but if they’re wasting money eliminate them to save money.
  • Marriage pays dividends – Having a spouse can get you a discount when buying insurance. Having a spouse translates into being more responsible and it’s statistically proven that married drivers get in fewer accidents.
  • Rates may be higher depending on your occupation – Did you know your occupation can influence how much you pay for insurance? Occupations like doctors, social workers and stock brokers have the highest rates because of high stress and lots of time spent at work. On the other hand, jobs such as scientists, students and homemakers get better rates on Silverado coverage.
  • Pleasure use or commuting – Driving more miles each year the higher your rates will be. Most companies price each vehicle’s coverage based upon how you use the vehicle. Autos left parked in the garage qualify for better rates as compared to vehicles used primarily for driving to work. If your policy improperly rates your Silverado 3500 can cost quite a bit. Make sure your insurance coverage is rated on the proper vehicle usage.

How to Buy Car Insurance Online

Performing a rate comparison can be challenging if you don’t understand the best way to get rate quotes. You can spend countless hours talking about coverages with insurance companies in your area, or you could save time and use the internet to maximize your effort.

Most car insurance companies participate in an industry program that enables customers to submit one quote, and each participating company can give them a price based on that information. This saves time by eliminating quotation requests to every company. To get comparison pricing now click here to open in new window.

The one downside to using this type of form is that you can’t choose the companies to get quotes from. So if you want to select from a list of companies for rate comparison, we have a listing of the cheapest car insurance companies in your area. Click to view list.

It’s your choice how you get your quotes, but be sure to compare exactly the same quote information for every company. If you enter higher or lower deductibles it’s not possible to determine which rate is truly the best. Just a small difference in insurance coverages could mean much higher rates. Just remember that getting more free quotes will enable you to find lower pricing.

Save with discounts on Chevy Silverado 3500 insurance

Companies that sell car insurance don’t always advertise all their discounts in a way that’s easy to find, so we researched some of the best known and the more hidden savings tricks you should be using.

  • Drivers Ed for Students – Have your child enroll in driver’s education if it’s offered in school.
  • Military Discounts – Being deployed with a military unit can result in better rates.
  • Defensive Driver – Completing a course in driver safety could possibly earn you a 5% discount depending on where you live.
  • Good Student Discount – This discount can be rewarded with saving of up to 25%. Earning this discount can benefit you up until you turn 25.
  • E-sign – A few companies will give a small break just for signing your application digitally online.
  • No Accidents – Claim-free drivers can earn big discounts as compared to accident-prone drivers.
  • Low Mileage Discounts – Keeping the miles down on your Chevy can qualify you for a substantially lower rate.

A little note about advertised discounts, most discounts do not apply to the entire policy premium. Some only reduce the price of certain insurance coverages like comp or med pay. So when the math indicates you can get free auto insurance, you won’t be that lucky.

To see a list of insurers offering insurance discounts, click here.

Tailor your coverage to you

When buying the right insurance coverage for your personal vehicles, there is no best way to insure your cars. Everyone’s situation is a little different.

For example, these questions can help discover whether or not you could use an agent’s help.

  • Should I bundle my homeowners policy with my auto?
  • Can my babysitter drive my car?
  • Should I put collision coverage on all my vehicles?
  • What exactly is covered by my policy?
  • When should I drop full coverage on my 2005 Chevy Silverado 3500?
  • Am I covered if I drive in a foreign country?
  • Why does it cost so much to insure a teen driver?
  • Does insurance cover tools stolen from my truck?
  • Is there coverage for injuries to my pets?

If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to a licensed agent. If you don’t have a local agent, complete this form.

Insurance coverages 101

Knowing the specifics of your policy can be of help when determining the right coverages and proper limits and deductibles. Policy terminology can be confusing and nobody wants to actually read their policy.

Comprehensive coverage

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as rock chips in glass, damage from flooding, hail damage and a broken windshield. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Liability insurance

Liability coverage protects you from damage that occurs to other people or property in an accident. This coverage protects you from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability can pay for things like bail bonds, attorney fees and structural damage. How much liability should you purchase? That is up to you, but buy as high a limit as you can afford.

Auto collision coverage

This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as driving through your garage door, colliding with another moving vehicle, sustaining damage from a pot hole and damaging your car on a curb. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible to bring the cost down.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses for things like EMT expenses, funeral costs, rehabilitation expenses, ambulance fees and hospital visits. They can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP coverage is not available in all states and may carry a deductible

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your 2005 Chevy Silverado 3500.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family.

Affordable insurance is out there

Insureds change insurance companies for many reasons like unfair underwriting practices, high prices, denial of a claim and high rates after DUI convictions. Whatever your reason, choosing a new company can be easy and end up saving you some money.

Low-cost 2005 Chevy Silverado 3500 insurance can be bought online and also from your neighborhood agents, and you need to price shop both to get a complete price analysis. A few companies may not provide online quoting and these small, regional companies work with independent agents.

When you buy insurance online, do not sacrifice coverage to reduce premiums. Too many times, someone sacrificed collision coverage and discovered at claim time that the few dollars in savings costed them thousands. Your goal should be to buy enough coverage for the lowest price.

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