2014 Chevrolet Silverado 3500HD Insurance Rates – 5 Tips for Best Quotes

Tired of trying to scrape together enough money to insure your Chevy every month? You are in the same boat as many other consumers.

With so many choices, it is hard for the average consumer to find the lowest cost insurer.

This article will help educate you on how car insurance quotes work and some money-saving tips. If you currently have car insurance, you will most likely be able to cut costs considerably using this strategy. But vehicle owners do need to understand the methods companies use to sell online and use this information to your advantage.

Where Can I Get Cheap Auto Insurance?

There are several ways of comparing rate quotes from auto insurance companies in your area. The easiest way to find competitive 2014 Chevy Silverado 3500HD insurance rates is to perform an online rate comparison. This is very easy and can be done in a couple of different ways.

Probably the best way to find the lowest comparison rates is to use a rate comparison form like this one (opens in new window). This method prevents you from having to do repetitive form submissions to each individual auto insurance company. One form gets you coverage quotes direct from many companies.

Another way to compare prices consists of going to the website of each company to complete their respective quote request forms. For instance, let’s say you want comparison quotes from USAA, Safeco and Liberty Mutual. To get each rate you have to go to every website and enter your policy data, which is why the first method is more popular. For a list of links to companies insuring cars in your area, click here.

The least efficient method to compare rates is driving around to different agent offices. Shopping for auto insurance online can eliminate the need for a local agent unless you require the professional guidance of a local agent. You can, however, compare the best prices online but buy from a local insurance agent and we’ll touch on that later.

Which method you use is up to you, but make absolute certain that you use apples-to-apples coverage limits on every quote you get. If you compare different liability limits it’s impossible to decipher which rate is best. Having just a slight variation in coverage limits can mean a large discrepancy in price. Just remember that having more price comparisons will increase your chances of finding lower pricing.

Don’t assume everyone needs the same coverage

When it comes to choosing coverage, there really is not a “perfect” insurance plan. Every situation is different so your insurance needs to address that. For instance, these questions may help you determine if your situation would benefit from professional advice.

  • Should I have a commercial auto policy?
  • What can I do if my company won’t pay a claim?
  • Why do I need rental car insurance?
  • Is motorclub coverage worth it?
  • Am I covered when delivering products for my home-based business?
  • Do I need roadside assistance coverage?

If you’re not sure about those questions, you may need to chat with an agent. If you don’t have a local agent, fill out this quick form or click here for a list of car insurance companies in your area.

Auto insurance coverages explained

Having a good grasp of a auto insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. These are typical coverage types found on the average auto insurance policy.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses like EMT expenses, hospital visits, X-ray expenses and dental work. They are utilized in addition to your health insurance policy or if you do not have health coverage. They cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Liability insurance

This protects you from injuries or damage you cause to other’s property or people in an accident. It protects YOU against other people’s claims. Liability 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 commonly see liability limits of 50/100/50 which stand for a limit of $50,000 per injured person, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability can pay for claims such as structural damage, repair bills for other people’s vehicles, repair costs for stationary objects, attorney fees and court costs. How much liability coverage do you need? That is up to you, but consider buying as large an amount as possible.

Uninsured and underinsured coverage

This coverage protects you and your vehicle from other motorists when they 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.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Comprehensive coverages

Comprehensive insurance covers damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as vandalism, hail damage and damage from a tornado or hurricane. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision coverage

This will pay to fix damage to your Silverado 3500HD caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like hitting a parking meter, sideswiping another vehicle, crashing into a building, colliding with another moving vehicle and rolling your car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. You can also raise the deductible in order to get cheaper collision rates.