Lower Your 2018 Chevrolet Silverado 1500 Insurance Quotes

Searching for lower insurance coverage rates for your Chevrolet Silverado 1500? When shopping for lower-cost insurance, are you baffled by the sheer number of insurance coverage sources in your area? Many other drivers are too. There are so many sources to choose from that it can really be hard work to lower your rates.

The most recommended method to compare rates is to realize all the major auto insurance companies allow for online access to compare rate quotes. To begin a comparison, all you need to do is provide a small amount of information like what your job is, deductibles desired, if you are currently licensed, and how old drivers are. That information is sent automatically to multiple companies and you get price estimates with very little delay.

To start a quote now, click here and enter your coverage details.

Discount car insurance rates

Insuring your fleet can be pricey, but you might be missing out on some discounts that you may not know about. A few discounts will be applied when you quote, but some need to be manually applied before you will receive the discount.

  • Defensive Driver – Participating in a driver safety course is a good idea and can lower rates and make you a better driver.
  • Membership in Organizations – Belonging to certain professional organizations is a simple method to lower premiums when shopping for car insurance.
  • Government Employees – Being employed by or retired from a federal job could provide a small rate reduction for Silverado insurance depending on your car insurance provider.
  • Responsible Driver Discount – Drivers who avoid accidents may save up to 50% more for Silverado insurance than drivers with accidents.
  • Early Payment Discounts – By paying your policy upfront rather than spreading payments over time you can avoid monthly service charges.

Please keep in mind that most of the big mark downs will not be given to the overall cost of the policy. Most only apply to the cost of specific coverages such as comprehensive or collision. So when it seems like all those discounts means the company will pay you, you’re out of luck.

Some of the larger companies that may include most of these discounts include:

It’s a good idea to ask every company which discounts you may be entitled to. Some of the discounts discussed earlier may not apply to policies in your area. To see a list of insurance companies with discount car insurance rates, click this link.

What impacts Chevy Silverado 1500 insurance costs?

It’s important that you understand some of the elements that go into determining the price you pay for auto insurance. If you have some idea of what determines premiums, this enables informed choices that could help you find big savings. Lots of things are used when you quote your car insurance policy. Some of the criteria are obvious like a motor vehicle report, but other criteria are not quite as obvious such as whether you are married or your commute time.

The following are a few of the “ingredients” used by companies to determine your rate level.

  • Mature drivers pay less – Drivers with little experience are known to be inattentive behind the wheel and because of this, their auto insurance rates are much higher. Adding a teen driver onto your auto insurance will cause a huge premium hike. Older people are more responsible, cost insurance companies less in claims and get fewer tickets.
  • Gender and insurance – Over the last 30 years, statistics show that men are more aggressive behind the wheel. That doesn’t necessarily mean that men are WORSE drivers than women. Males and females are responsible for at-fault accidents at about the same rate, but the males tend to have higher claims. In addition to higher claims, males also get more serious tickets like DUI and reckless driving.
  • Credit rating impacts premium costs – Credit score is a big factor in determining what you pay for auto insurance. Drivers who have high credit ratings tend to file fewer claims than drivers who have lower credit ratings. If your credit could use some work, you could be paying less to insure your 2018 Chevrolet Silverado 1500 by improving your rating.
  • Lower physical damage deductibles cost more – The deductibles state the amount of money the insured will be required to pay if a covered claim is submitted. Insurance for physical damage, also called comprehensive and collision insurance, insures against damage to your car. Some coverage claims are collision with another vehicle, fire damage, and damage from wind. The larger the amount you are required to pay out-of-pocket, the lower your rates will be for Silverado insurance.

Tailor your car insurance coverage to you

When choosing the right insurance coverage, there really is not a one size fits all plan. Coverage needs to be tailored to your specific needs.

For instance, these questions may help you determine whether you could use an agent’s help.

  • Why do I only qualify for high-risk insurance?
  • Does my medical payments coverage pay my health insurance deductible?
  • Do I need special endorsements for business use of my vehicle?
  • Does car insurance cover theft of personal property?
  • Should I carry comprehensive and collision coverage?
  • Is other people’s property covered if stolen from my vehicle?
  • Do I need roadside assistance coverage?
  • Can I afford to buy a different vehicle if my 2018 Chevy Silverado 1500 is totaled?
  • Do I need replacement cost coverage?

If you don’t know the answers to these questions, you may need to chat with a licensed insurance agent. If you don’t have a local agent, simply complete this short form.

Car insurance buyers beware

Big name companies like Geico, State Farm and Progressive constantly bombard you with television and radio advertisements. All the companies advertise claims that people will save if you just switch your car insurance coverage to their company. It sounds good, but how can they all charge you a lower premium? It’s all in how they say it.

Insurance providers require specific criteria for the driver that will add to their bottom line. An example of a driver they prefer may need to be a female over age 40, has had continuous coverage, and drives a car with an anti-theft system. Any customer that meets those criteria receives the best prices and is almost guaranteed to save some money.

Drivers who cannot meet these standards must pay higher rates and ends up with the customer buying from someone else. If you listen closely, the ads state “people who switch” not “everybody who quotes” save that much when switching. That’s the way insurance companies can confidently make claims that they all have the best auto insurance rates. This illustrates why it’s extremely important to compare free insurance coverage quotes often. It is impossible to guess with any certainty which company will have the best rates at this point in time.

Insurance coverage specifics

Knowing the specifics of insurance helps when choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and reading a policy is terribly boring.

Collision – This pays for damage to your Silverado 1500 resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as crashing into a ditch, backing into a parked car and crashing into a building. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. You can also bump up the deductible in order to get cheaper collision rates.

Auto liability insurance – Liability coverage provides protection from damage that occurs to a person or their property. This coverage protects you against claims from other people. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 50/100/50 that translate to a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability insurance covers claims such as medical expenses, pain and suffering and loss of income. The amount of liability coverage you purchase is a personal decision, but buy higher limits if possible.

Protection from uninsured/underinsured drivers – This coverage protects you and your vehicle when other motorists do not carry enough liability coverage. Covered claims include medical payments for you and your occupants and damage to your Chevy Silverado 1500.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family.

Comprehensive (Other than Collision) – This coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for things like theft, fire damage and vandalism. The maximum amount your insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Medical expense insurance – Med pay and PIP coverage kick in for short-term medical expenses for things like chiropractic care, pain medications, doctor visits, hospital visits and funeral costs. They are often utilized in addition to your health insurance program or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP coverage is only offered in select states and may carry a deductible

Summing up your insurance search

Drivers change insurance companies for a number of reasons such as lack of trust in their agent, questionable increases in premium, delays in paying claims or delays in responding to claim requests. Whatever your reason, choosing a new company is pretty simple and you could end up saving a buck or two.

When getting insurance coverage quotes online, it’s not a good idea to buy poor coverage just to save money. There are a lot of situations where someone sacrificed physical damage coverage and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. Your objective should be to get the best coverage possible at the best cost while still protecting your assets.

Affordable 2018 Chevy Silverado 1500 insurance can be found from both online companies and from local agencies, so you should be comparing quotes from both to get a complete price analysis. There are still a few companies who may not have price quotes online and many times these regional carriers work with independent insurance agencies.

Additional detailed information can be read at these sites: