Cheaper 2006 Chevrolet Silverado 1500 Insurance Quotes

Want better insurance rates for your Chevrolet Silverado 1500? Searching for budget-priced insurance can appear to be problematic for people that are relatively new to shopping for insurance online. With so many agents and insurers to choose from, how can you have time to compare them all to find the lowest price available?

It’s a good idea to get comparison quotes every six months because prices are rarely the same from one policy term to another. Just because you had the best deal on Silverado coverage a year ago a different company probably has better rates today. You can find a lot of information about insurance out there, but in just a couple of minutes you can learn some good information on how to quit paying high insurance rates.

Are you earning every discount?

Companies that sell car insurance don’t list every disount available very well, so here is a list a few of the more common and the more hidden credits available to bring down your rates.

  • Use Seat Belts – Buckling up and requiring all passengers to use a seat belt could cut 10% or more on medical payment and PIP coverage.
  • Multiple Vehicles – Buying coverage for all your vehicles with the same company can reduce the rates for all insured vehicles.
  • Save with a New Car – Buying a new car instead of a used car can cost up to 25% less since new model year vehicles are generally safer.
  • ABS Brakes – Cars, trucks, and SUVs with anti-lock braking systems can reduce accidents and earn discounts up to 10%.
  • Paperless Signup – Some companies will give a small break get insurance on the web.
  • Theft Prevention Discount – Anti-theft and alarm system equipped vehicles prevent vehicle theft so companies will give you a small discount.
  • Telematics Data – Insureds that choose to allow their insurance company to look at driving manner remotely such as Progressive’s Snapshot might get better premium rates if their driving habits are good.

Discounts lower rates, but most discount credits are not given to all coverage premiums. Most only reduce specific coverage prices like comp or med pay. Despite the appearance that you could get a free car insurance policy, it just doesn’t work that way.

To see a list of car insurance companies with discount rates, follow this link.

The best way we recommend to get policy rate comparisons is to know the trick most of the bigger providers allow for online access to provide you with a free rate quote. To start a quote, the only thing you need to do is provide a small amount of information such as your general credit rating, if it has an anti-theft system, whether you are single or married, and your occupation. Your rating data is instantly submitted to many highly-rated insurers and they return quotes within a short period of time.

To start a quote now, click here and see if a lower rate is available.

What determines Chevy Silverado 1500 insurance premiums?

Many factors are considered when you get your auto insurance bill. Some factors are common sense like your driving record, although some other factors are not quite as obvious such as your marital status and annual miles driven.

  • Youthful drivers pay high prices – Teen drivers are proven to be less responsible when driving and because of this, their auto insurance rates are much higher. More mature drivers are more cautious drivers, tend to file fewer claims .
  • Where you live – Living in small towns and rural areas is a good thing when talking about auto insurance. Urban drivers tend to have more road rage incidents and a longer drive to work. Fewer drivers and short commutes means reduced accidents in addition to lower liability claims
  • Continuous coverage saves money – Driving without insurance can get you a ticket and any future policy may cost more because you let your insurance lapse. In addition to paying higher premiums, the inability to provide proof of insurance could result in fines and jail time. You may have to submit proof of financial responsibility or a SR-22 with your state department of motor vehicles.
  • Companies want multiple policies – Most insurers apply discounts for people who carry more than one policy in the form of a multi-policy discount. The amount of the discounts can be anywhere from five to ten percent in most cases. Even if you already get this discount, drivers will still want to compare rates to guarantee you are still saving the most.
  • Low stress occupation equals lower premiums – Jobs like doctorsair traffic controllers and accountants generally pay higher average rates because of intense work requirements and long work days. Other occupations like scientists, athletes and homemakers pay the least on Silverado coverage.
  • Vehicle features impact prices – Buying a car with a theft deterrent system can save you some money. Theft prevention devices such as OnStar, LoJack tracking, and tamper alarms help track and prevent your vehicle from being stolen.

When in doubt talk to an agent

When buying coverage for your personal vehicles, there isn’t really a perfect coverage plan. Everyone’s situation is unique.

For example, these questions may help you determine whether you will benefit from professional help.

  • Are my friends covered when driving my car?
  • Is my ex-spouse still covered by my policy?
  • Where can I find high-risk insurance?
  • Do I have coverage when using my vehicle for my home business?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Does my 2006 Chevy Silverado 1500 need full coverage?
  • Do I need rental car coverage?
  • Does my medical payments coverage pay my health insurance deductible?

If it’s difficult to answer those questions then you might want to talk to an insurance agent. If you want to speak to an agent in your area, complete this form.

But they said I’d save $440 a year!

Big name companies like State Farm, GEICO and Progressive regularly use television, radio, and online ads. They all seem to make the same claim that drivers will save a bundle after switching to them. How can each company cost less than your current company?

Different companies quote their best rates for the type of customer that is profitable for them. A good example of this type of insured could be a mature driver, has no driving citations, and chooses high deductibles. A propective insured who matches that profile will get low car insurance rates and will most likely save some money.

Potential customers who fall short of this stringent profile may be required to pay a higher premium with the end result being the customer buying from someone else. If you pay close attention to the ads, they say “drivers who switch” but not “everyone who gets a quote” will save that much if they switch. This is how companies can state the savings. Different companies use different criteria so you really should quote coverage with many companies. You cannot predict which insurance companies will be your best fit.

Coverages available on your policy

Understanding the coverages of a insurance policy can be of help when determining appropriate coverage for your vehicles. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Medical payments and PIP coverage – Coverage for medical payments and/or PIP kick in for short-term medical expenses like prosthetic devices, chiropractic care, surgery, EMT expenses and doctor visits. They can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive auto coverage – Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers things such as theft, damage from getting keyed and hitting a deer. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage – Uninsured or Underinsured Motorist coverage gives you protection when other motorists either have no liability insurance or not enough. It can pay for injuries to you and your family and damage to your Chevy Silverado 1500.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Auto liability insurance – This coverage can cover damages or injuries you inflict on other’s property or people. It protects you from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and property damage coverage for $100,000.

Liability coverage pays for things like legal defense fees, bail bonds, medical expenses, pain and suffering and emergency aid. The amount of liability coverage you purchase is your choice, but buy as high a limit as you can afford.

Collision coverages – Collision insurance pays for damage to your Silverado 1500 resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers things like backing into a parked car, colliding with a tree, hitting a mailbox, damaging your car on a curb and sideswiping another vehicle. This coverage can be expensive, so you might think about dropping it from vehicles that are older. It’s also possible to raise the deductible to save money on collision insurance.

More quotes mean more savings

Drivers leave their current company for a number of reasons such as lack of trust in their agent, high prices, delays in responding to claim requests and even delays in paying claims. Regardless of your reason for switching companies, choosing a new company is easier than you think.

Some insurance companies may not provide the ability to get a quote online small insurance companies prefer to sell through independent agencies. Budget-conscious 2006 Chevy Silverado 1500 insurance can be sourced on the web and with local insurance agents, and you should compare price quotes from both to have the best chance of lowering rates.

We’ve covered many ways to shop for 2006 Chevy Silverado 1500 insurance online. The key thing to remember is the more you quote insurance, the more likely it is that you will get a better rate. Drivers may discover the most savings is with a small local company.

Additional insurance information can be read at the links below