2004 Chevrolet Silverado 3500 Insurance Cost – 7 Discounts for Best Prices

Having to pay for expensive Chevrolet Silverado 3500 insurance can consume your savings and make it hard to pay other bills. Doing a rate comparison is a fast and free way to make ends meet.

People have many auto insurance companies to choose from, and although it’s a good thing to be able to choose, too many choices makes it more difficult to adequately compare rates.

Buying car insurance is easy if you know what you’re doing. If you currently have car insurance, you should be able to reduce your rates substantially using this strategy. But drivers do need to learn how big insurance companies price insurance differently because it can help you find the best coverage.

The best way we recommend to compare rate quotes is to take advantage of the fact almost all companies actually pay money for the chance to provide you with a free rate quote. All consumers are required to do is take a few minutes to give details including your occupation, daily mileage, your credit rating estimate, and if you have a valid license. Your details gets sent immediately to insurance companies and you will receive price estimates with very little delay.

To compare rates now, click here and enter the information requested.

Take advantage of every car insurance discount

Some insurance providers don’t always advertise the complete list of policy discounts in an easy-to-find place, so below is a list a few of the more well known and the more hidden discounts that you can inquire about if you buy car insurance online.

  • Telematics Data – Drivers who agree to allow their insurance company to scrutinize their driving habits by using a small device installed in their vehicle such as State Farm’s In-Drive could possibly reduce rates if they have good driving habits.
  • Theft Prevention System – Cars optioned with advanced anti-theft systems are less likely to be stolen and that can save you a little bit as well.
  • Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a break if you buy some life insurance too.
  • E-sign Discounts – Many insurance companies will discount your bill up to fifty bucks for buying a policy and signing up over the internet.
  • Student Discounts – Performing well in school may save as much as 25% on a car insurance quote. The good student discount can last up to age 25.
  • Pay Upfront and Save – If you pay your entire premium ahead of time instead of making monthly payments you may have a lower total premium amount.
  • Military Deployment Discount – Being deployed in the military may lower your prices slightly.

You should keep in mind that most discount credits are not given the the whole policy. Some only apply to individual premiums such as physical damage coverage or medical payments. If you do the math and it seems like adding up those discounts means a free policy, it doesn’t quite work that way.

To see insurance companies with significant discounts, follow this link.

How to know if you need help

When it comes to buying adequate coverage for your personal vehicles, there is no single plan that fits everyone. Each situation is unique so your insurance should reflect that For example, these questions might help in determining if you would benefit from an agent’s advice.

  • Should I have combined single limit or split liability limits?
  • Am I covered when driving a rental car?
  • Should I drop comprehensive coverage on older vehicles?
  • Do I need roadside assistance coverage?
  • Do I need motorclub coverage?
  • When would I need additional glass coverage?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Do I need special endorsements for business use of my vehicle?
  • Can I get a multi-policy discount?
  • Should I file a claim if it’s only slightly more than my deductible?

If you don’t know the answers to these questions but a few of them apply then you might want to talk to an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of insurance companies in your area.

Learn about insurance coverages for a Chevy Silverado 3500

Knowing the specifics of insurance aids in choosing the right coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are typical coverages found on most insurance policies.

Comprehensive insurance – This coverage pays for damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things such as fire damage, hitting a bird and hitting a deer. The maximum payout a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Chevy Silverado 3500.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea.

Coverage for liability – This coverage protects you from damages or injuries you inflict on people or other property in an accident. It protects you from legal claims by others. It does not cover your own vehicle damage or injuries.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 50/100/50 that means you have a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage protects against claims such as repair bills for other people’s vehicles, medical expenses, legal defense fees, loss of income and emergency aid. The amount of liability coverage you purchase is a personal decision, but consider buying as large an amount as possible.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses like prosthetic devices, ambulance fees, pain medications and X-ray expenses. They are used in conjunction with a health insurance program or if you lack health insurance entirely. Coverage applies to you and your occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Collision coverages – Collision insurance will pay to fix damage to your Silverado 3500 from colliding with an object or car. You have to pay a 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, crashing into a ditch, damaging your car on a curb and colliding with another moving vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to raise the deductible to save money on collision insurance.

Make an honest buck

We just showed you some good ideas how to lower your 2004 Chevy Silverado 3500 insurance auto insurance rates. It’s most important to understand that the more price quotes you have, the better your comparison will be. You may even discover the lowest auto insurance rates come from a smaller regional carrier. They may have significantly lower premium rates on certain market segments than the large multi-state companies such as Progressive or GEICO.

Budget-friendly car insurance is attainable online and from local insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some companies may not offer internet price quotes and many times these small, regional companies provide coverage only through independent agents.

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