Compare 2006 Chevrolet Silverado 3500 Insurance Rates

Trying to find lower car insurance rates for your Chevrolet Silverado 3500? Think you have an overpriced car insurance policy? You’re preaching to the choir because many consumers are in the same pinch.

Due to the fact that there are so many options when it comes to car insurance, it is very difficult to find the best insurance company.

This article will teach you how car insurance quotes work and some tips to save money. If you currently have a car insurance policy, you will most likely be able to cut costs considerably using this information. Nevertheless, vehicle owners should learn how insurance companies price insurance differently and apply this information to your search.

Take advantage of every auto insurance discount

Not many people think insurance is cheap, but you might already qualify for some discounts that many people don’t even know exist. A few discounts will automatically apply at quote time, but some need to be specifically requested before they will apply.

  • Discount for Life Insurance – If the company offers life insurance, you could get a discounted rate on car insurance if you buy life insurance from them.
  • Pay Upfront and Save – By paying your entire bill at once instead of paying each month you could save up to 5%.
  • Renewal Discounts – Some companies provide a discount for signing up prior to the expiration date on your current policy. This can save 10% or more.
  • Mature Driver Discount – Older drivers can possibly qualify for a discount up to 10% on Silverado coverage.
  • E-sign – A few companies may give you up to $50 just for signing your application online.
  • Student Driver Training – Have your child enroll and complete driver’s education if it’s offered in school.
  • First Accident Forgiveness – This one is not really a discount per se, but a few companies such as GEICO, State Farm, and Progressive will forgive one accident without getting socked with a rate hike if your claims history is clear prior to being involved in the accident.
  • College Student – Older children who live away from home at college and don’t have a car may qualify for this discount.

As a footnote on discounts, most credits do not apply the the whole policy. The majority will only reduce the cost of specific coverages such as collision or personal injury protection. Despite the appearance that all those discounts means the company will pay you, it’s just not the way it works.

To see insurers with discount rates, click this link.

Low cost insurance price quotes online

When shopping for low cost auto insurance quotes, there are a couple of ways to compare rate quotes from local insurance companies. The simplest method to find the cheapest 2006 Chevy Silverado 3500 insurance rates is simply to get online rate quotes. This can be accomplished in just a few minutes using one of these methods.

  1. The first (and easiest) way consumers can analyze rates would be an industry-wide quote request form click to view form in new window. This quick form prevents you from having to do repetitive form submissions for every insurance company. Just one form gets you price quotes from insurance companies with the best prices.
  2. A less efficient way to compare rate quotes requires you to visit each company’s website and go through the quote process again. For examples sake, let’s assume you want comparison quotes from Allstate, Esurance and Travelers. To do that, you would have to go to each individual site and enter your policy data, which is why the first method is quicker. For a list of links to insurance companies in your area, click here.

You can choose any of those ways to find more affodable coverage, but make absolute certain that you use the same coverages and limits on every quote. If you compare different liability limits it’s not possible to make a fair rate comparison. Quoting even small variations in coverages may result in large price differences. Keep in mind that getting more free quotes helps locate lower pricing. Some insurance companies are not set up to provide online price quotes, so you should also compare price quotes from the smaller companies as well.

How to know if you need help

When buying coverage for your vehicles, there isn’t really a “best” method to buy coverage. Each situation is unique and your policy should reflect that. These are some specific questions may help you determine if you might need an agent’s assistance.

  • Is my 2006 Chevy Silverado 3500 covered for smoke damage?
  • Should I get collision insurance on every vehicle?
  • Can I make deliveries for my home business?
  • Should I bundle my homeowners policy with my auto?
  • Does my policy cover me when driving someone else’s vehicle?
  • Are all vehicle passengers covered by medical payments coverage?
  • Is my Chevy Silverado 3500 covered if I use it for business?

If you can’t answer these questions then you might want to talk to an agent. To find an agent in your area, complete this form or click here for a list of insurance companies in your area.

Educate yourself about insurance coverages

Having a good grasp of a insurance policy helps when choosing which coverages you need and proper limits and deductibles. Policy terminology can be confusing and even agents have difficulty translating policy wording. Shown next are the usual coverages available from insurance companies.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills like ambulance fees, nursing services, chiropractic care and EMT expenses. They can be utilized in addition to your health insurance plan or if you lack health insurance entirely. They cover you and your occupants in addition to getting struck while a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist coverage

This gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Chevy Silverado 3500.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked. Frequently these limits are similar to your liability insurance amounts.

Comprehensive coverage

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as rock chips in glass, fire damage and falling objects. The most you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Collision coverage protection

This coverage will pay to fix damage to your Silverado 3500 caused by collision with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like sideswiping another vehicle, hitting a parking meter, hitting a mailbox and colliding with another moving vehicle. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. You can also raise the deductible to bring the cost down.

Auto liability insurance

Liability insurance can cover damage or injury you incur to other people or property in an accident. This insurance protects YOU from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 25/50/25 which stand for a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as funeral expenses, medical services, attorney fees, repair costs for stationary objects and medical expenses. How much coverage you buy is up to you, but consider buying higher limits if possible.

Compare but don’t skimp

We covered some good ideas how you can get a better price on 2006 Chevy Silverado 3500 insurance. The key concept to understand is the more you quote auto insurance, the better chance you’ll have of finding cheaper auto insurance. You may even discover the best price on auto insurance is with a small local company. These companies often have lower premium rates on specific markets than the large multi-state companies such as State Farm and Allstate.

Budget-conscious 2006 Chevy Silverado 3500 insurance can be bought from both online companies and from local insurance agents, so you need to shop auto insurance with both to have the best rate selection. Some insurance providers may not have price quotes online and most of the time these smaller companies only sell coverage through local independent agents.

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