Cheap 2002 Chevrolet Silverado 3500 Insurance Rates

Trying to find cheaper car insurance rates? Buyers have options when searching for low-cost Chevy Silverado 3500 insurance. They can either spend hours calling around to compare prices or leverage the internet to compare rates.

There is a right way and a wrong way to find car insurance online so we’re going to tell you the proper way to quote coverages on a Chevy and get the lowest price.

If you have a current insurance policy or are shopping for new coverage, you can use these tips to cut your premiums while maintaining coverages. The purpose of this post is to let you in on how to effectively get price quotes and some money-saving tips. Vehicle owners just need to know the best way to get comparison quotes online.

Drivers can save with with these discounts

The cost of insuring your cars can be expensive, but discounts can save money and there are some available to help offset the cost. Certain reductions will be credited when you purchase, but some discounts are required to be requested specifically in order for you to get them.

  • Sign Online – Some auto insurance companies will provide an incentive shop insurance coverage on your computer.
  • Safe Driver Discounts – Drivers who don’t get into accidents can get discounts for up to 45% lower rates on Silverado coverage than less cautious drivers.
  • Life Insurance – Select companies reward you with lower prices if you buy life insurance from them.
  • Drive Less and Save – Fewer annual miles on your Chevy may allow you to get discounted premium rates on garaged vehicles.
  • Driving Data Discount – Insureds who allow their auto insurance company to analyze driving habits by using a small device installed in their vehicle like Drivewise from Allstate or In-Drive from State Farm could possibly reduce rates as long as they are good drivers.
  • Bundled Policy Discount – If you insure your home and vehicles with the same insurance company you could save approximately 10% to 15%.
  • College Student Discount – College-age children who attend college more than 100 miles from home and do not have access to a covered vehicle can be insured at a reduced rate.
  • Government Employees – Simply working for the federal government may qualify for a discount when you quote insurance coverage on Silverado coverage depending on your auto insurance provider.
  • ABS Brakes – Cars and trucks with anti-lock braking systems can stop better under adverse conditions and will save you 10% or more.
  • Anti-theft Discount – Cars equipped with tracking devices and advanced anti-theft systems can help prevent theft and qualify for as much as a 10% discount.

As a disclaimer on discounts, most discount credits are not given to all coverage premiums. Most only apply to specific coverage prices like medical payments or collision. So even though they make it sound like having all the discounts means you get insurance for free, you aren’t that lucky.

If you would like to see a list of insurance companies that offer the discounts shown above, click this link.

Buy auto insurance online

There are several ways to compare auto insurance quotes, but there is one way that is more efficient than others. You could spend your day talking to insurance agencies in your area, or you can stay home and use online quotes to get rates in a matter of minutes.

Most of the larger companies participate in a marketplace that enables customers to send in one quote, and every company then gives them pricing. This system prevents you from having to do quote requests for each company you want a rate for.

To use this form to compare rates click here to open in new window.

The one downside to getting quotes like this is you can’t choose the providers to get pricing from. So if you prefer to choose specific providers to compare, we have a page of low cost auto insurance companies in your area. Click here to view list.

You can use whichever method you prefer to find lower rates, just be certain you are entering the exact same coverage information on every quote you get. If you are comparing different coverage information it’s not possible to determine the best price for your Chevy Silverado 3500.

Smart buyers can slash their insurance prices

Multiple criteria are used in the calculation when you quote your car insurance policy. Some factors are common sense like a motor vehicle report, although others are more obscure such as your credit history and annual miles driven.

  • Better premiums for no policy lapses – Going without insurance is a quick way to bump up your insurance coverage costs. In addition to paying higher rates, getting caught without coverage can result in fines and jail time. Then you may be required to file a SR-22 with your state DMV.
  • When should you not file a insurance claims? – If you are the type of insured that files lots of claims you should expect either higher rates or even cancellation. Insurance companies generally give discounts to policyholders who do not file claims often. Auto insurance is intended to be relied upon for larger claims.
  • Multiple policies with one company can save – Most major insurers will award discounts to customers who consolidate policies with them in the form of a multi-policy discount. Even with this discount applied, consumers should still shop around to make sure you are getting the best deal.
  • Being married equates to better prices – Your spouse helps lower the price on your policy. Marriage means you’re more stable financially and statistics prove drivers who are married file infrequent claims.
  • Discounts for theft deterrents – Buying a car with a theft deterrent system can help lower your rates. Theft prevention features such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack can thwart auto theft and help lower rates.
  • Drivers with responsible credit save – Having a good credit score can be an important factor in your rate calculation. Drivers with high credit scores tend to file fewer claims than drivers with worse credit. If your credit rating could use some work, you may save money insuring your 2002 Chevrolet Silverado 3500 by repairing your credit.

Your situation helps dictate your coverage

When choosing adequate coverage for your vehicles, there is no perfect coverage plan. Every insured’s situation is different.

These are some specific questions can aid in determining if your situation will benefit from professional help.

  • Why is insurance for a teen driver so high?
  • Is my dog or cat covered if injured in an accident?
  • Do I need motorclub coverage?
  • Is my cargo covered for damage or theft?
  • Does liability extend to a camper or trailer?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Is my trailer covered?
  • Should I buy full coverage?
  • Do I need more liability coverage?
  • Should I waive the damage coverage when renting a car?

If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form. It is quick, free and you can get the answers you need.

Insurance coverage myths debunked

Consumers can’t escape the ads that claim the best premium rates from the likes of 21st Century, Allstate and State Farm. All the companies make the same claim that you can save just by switching your insurance coverage policy to them.

How does every insurance coverage company have lower policy pricing? Here is the trick they use.

Different companies are able to cherry pick for the driver that earns them a profit. One example of a driver they prefer should be married and over the age of 30, has no claims, and does not commute to work. Any new insured who fits that profile will get very good prices and as a result will probably save money with a new company.

Drivers who do not match these stringent criteria will probably be forced to pay higher prices which results in the driver buying from a lower-cost company. Company advertisements say “drivers who switch” not “everybody who quotes” save money. That’s the way insurance companies can confidently make claims that they all have the best rates.

This really drives home the point why drivers must get as many free insurance coverage quotes as possible. Because you never know the company that will provide the lowest prices.

Car insurance 101

Understanding the coverages of insurance can help you determine the best coverages and proper limits and deductibles. Insurance terms can be ambiguous and coverage can change by endorsement.

Coverage for collisions

This coverage pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like sustaining damage from a pot hole, colliding with another moving vehicle, rolling your car and damaging your car on a curb. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Another option is to increase the deductible to get cheaper collision coverage.

Comprehensive or Other Than Collision

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as hail damage, damage from a tornado or hurricane and theft. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Auto liability insurance

Liability insurance will cover damage or injury you incur to other’s property or people that is your fault. This insurance protects YOU from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery. Another option is one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability insurance covers things like bail bonds, court costs, emergency aid and structural damage. How much coverage you buy is a decision to put some thought into, but buy as high a limit as you can afford.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for bills for things like hospital visits, chiropractic care, dental work, nursing services and surgery. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

UM/UIM Coverage

Your UM/UIM coverage gives you protection when the “other guys” either have no liability insurance or not enough. Covered losses include hospital bills for your injuries as well as damage to your Chevy Silverado 3500.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Most of the time these coverages are set the same as your liablity limits.

You can do this!

While you’re price shopping online, it’s a bad idea to buy lower coverage limits just to save a few bucks. There are a lot of situations where an accident victim reduced collision coverage and learned later that the few dollars in savings costed them thousands. Your goal is to get the best coverage possible for the lowest cost, but do not skimp to save money.

Drivers change insurance companies for a variety of reasons including high rates after DUI convictions, extreme rates for teen drivers, lack of trust in their agent and high prices. Regardless of your reason for switching companies, finding the right auto insurance provider is less work than it seems.

We just covered a lot of tips how to shop for 2002 Chevy Silverado 3500 insurance online. The most important thing to understand is the more quotes you get, the better your comparison will be. Consumers may even find the lowest priced auto insurance comes from the least-expected company.

Additional detailed information can be found at these sites: