2006 Chevrolet Silverado 3500 Insurance Rates – 7 Discounts for Best Quotes

Scraping up a payment for overpriced Chevrolet Silverado 3500 insurance can take a big chunk out of your bank account and put a big crunch on your finances. Comparison shopping is a great way to slash your bill and have more diposable income. Because there are so many companies to choose from, it’s nearly impossible to pick the lowest cost company.

It’s important to get comparison quotes on a regular basis because prices tend to go up over time. If you had the best rates for Silverado coverage six months ago other companies may now be cheaper. Ignore everything you know about auto insurance because we’re going to demonstrate one of the quickest ways to find better coverage at a better price.

The best way we recommend to compare car insurance company rates is to realize most of the bigger providers have advanced systems to compare rate quotes. To get started, all you need to do is provide details like daily mileage, whether the vehicles are used for commuting, whether you have decent credit, and if you went to college. That rating information is instantly submitted to multiple auto insurance providers and you get price estimates almost instantly.

The fine print in insurance coverage ads

Consumers can’t ignore all the ads for cheaper car insurance from the likes of State Farm and Allstate. All the ads say the same thing that you’ll save big after switching your coverage to them.

How can each company claim to save you money? This is how they do it.

Different companies have a certain “appetite” for the type of driver that makes them money. An example of a profitable customer could be a mature driver, is a homeowner, and drives less than 7,500 miles a year. Any driver who meets those qualifications will qualify for the lowest rates and as a result will probably pay quite a bit less when switching companies.

Potential insureds who don’t qualify for the requirements will be quoted a more expensive rate and this can result in business not being written. The ads say “drivers who switch” not “everybody who quotes” save that much money. That’s why companies can truthfully claim big savings. This emphasizes why it is so important to quote coverage with many companies. It’s just too difficult to predict which insurance coverage company will provide you with the cheapest Chevy Silverado 3500 insurance rates.

Save money by taking advantage of these seven discounts

Companies don’t necessarily list every available discount very well, so we took the time to find some of the more common as well as the least known savings tricks you should be using. If you don’t get every credit available, you’re paying more than you need to.

  • Life Insurance – Some companies give lower rates if you buy auto and life insurance together.
  • Military Discounts – Being deployed with a military unit could be rewarded with lower premiums.
  • Defensive Driver – Successfully completing a driver safety course could save 5% or more if your company offers it.
  • Drive Less and Save – Low mileage vehicles can qualify you for lower rates on the low mileage vehicles.
  • Theft Prevention Discount – Cars that have factory anti-theft systems can help prevent theft and earn discounts up to 10%.
  • Accident Waiver – A handful of insurance companies allow you one accident before hitting you with a surcharge so long as you haven’t had any claims for a set time period.
  • College Student – Youth drivers who live away from home and do not have access to a covered vehicle may be able to be covered for less.

A little note about advertised discounts, many deductions do not apply to all coverage premiums. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. Just because it seems like all the discounts add up to a free policy, it doesn’t quite work that way.

To see a list of providers who offer car insurance discounts, click here to view.

When should I use an insurance agent?

When buying adequate coverage for your vehicles, there is no best way to insure your cars. Each situation is unique and your policy should reflect that. These are some specific questions may help highlight if your situation will benefit from professional help.

  • If I drive on a suspended license am I covered?
  • Am I covered by my spouse’s policy after a separation?
  • Am I getting all the discounts available?
  • Why do I need rental car insurance?
  • Is my state a no-fault state?
  • Is pleasure use cheaper than using my 2006 Chevy Silverado 3500 to commute?
  • Who is covered when they drive my 2006 Chevy Silverado 3500?
  • Is a new car covered when I drive it off the dealer lot?

If it’s difficult to answer those questions, you may need to chat with a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It is quick, free and may give you better protection.

Auto insurance coverage basics

Learning about specific coverages of a auto insurance policy helps when choosing which coverages you need and the correct deductibles and limits. Policy terminology can be confusing and reading a policy is terribly boring. Listed below are the usual coverages offered by auto insurance companies.

Collision coverages – Collision insurance pays for damage to your Silverado 3500 caused by collision with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as damaging your car on a curb, scraping a guard rail, driving through your garage door and sideswiping another vehicle. This coverage can be expensive, so consider dropping it from lower value vehicles. Another option is to increase the deductible to bring the cost down.

Coverage for liability – Liability coverage protects you from damages or injuries you inflict on other’s property or people 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. You might see policy limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers things such as loss of income, pain and suffering, structural damage, emergency aid and court costs. How much liability coverage do you need? That is your choice, but buy as high a limit as you can afford.

Comprehensive or Other Than Collision – Comprehensive insurance covers damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like damage from a tornado or hurricane, rock chips in glass, hitting a deer and theft. The most your auto insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses such as prosthetic devices, ambulance fees, surgery and chiropractic care. They can be utilized in addition to your health insurance plan or if you do not have health coverage. It covers both the driver and occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not universally available and may carry a deductible

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.

A tidy conclusion

Cheaper 2006 Chevy Silverado 3500 insurance is possible online in addition to many insurance agents, so compare prices from both so you have a total pricing picture. Some insurance providers do not provide the ability to get a quote online and many times these smaller companies only sell through independent insurance agents.

As you shop your coverage around, it’s not a good idea to buy less coverage just to save a little money. In many instances, someone dropped physical damage coverage and found out when filing a claim that the few dollars in savings costed them thousands. The aim is to purchase plenty of coverage at the best price while not skimping on critical coverages.

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