2008 Chevrolet Silverado 1500 Insurance Quotes – 10 Policy Discounts

Searching for cheaper car insurance rates for your Chevrolet Silverado 1500? Locating cheaper insurance for a Chevy Silverado 1500 can be a painful process, but you can learn a few tricks to save time. There are more efficient ways to compare car insurance rates so you’re going to learn the best way to quote coverages for a new or used Chevy and get the lowest possible price from both online companies and local agents.

It’s a good idea to price shop coverage every six months due to the fact that insurance prices fluctuate regularly. Despite the fact that you may have had the lowest price for Silverado insurance at your last renewal you may be paying too much now. There is a lot of wrong information about car insurance online, but I’m going to show you the easiest ways to find cheap car insurance.

Cheaper rates by taking advantage of these ten discounts

Not too many consumers would say car insurance is affordable, but companies offer discounts that could drop your premiums quite a bit. A few discounts will be applied at the time of quoting, but once in a while a discount must be specially asked for before you will receive the discount.

  • Buy New and Save – Buying a new car instead of a used car can save you some money due to better safety requirements for newer vehicles.
  • More Vehicles More Savings – Drivers who insure several vehicles with one company could earn a price break for each car.
  • Fewer Miles Equal More Savings – Driving less could be rewarded with discounted prices on garaged vehicles.
  • Include Life Insurance and Save – Insurance carriers who offer life insurance give a small discount if you purchase some life insurance too.
  • Defensive Driver Discounts – Taking a driver safety course could possibly earn you a 5% discount and make you a better driver.
  • Braking Control Discount – Cars and trucks that have steering control and anti-lock brakes prevent accidents and qualify for as much as a 10% discount.
  • Clubs and Organizations – Being a member of certain professional organizations could trigger savings on your next car insurance statement.
  • Home Ownership Discount – Just owning your own home may trigger a policy discount on car insurance because it demonstrates responsibility.
  • Theft Prevention Discount – Cars equipped with tracking devices and advanced anti-theft systems help deter theft so companies will give you a small discount.
  • Pay Now and Pay Less – If you can afford to pay the entire bill rather than paying in monthly installments you can actually save on your bill.

We need to note that most of the big mark downs will not be given to the entire cost. Most only cut the cost of specific coverages such as comp or med pay. So when the math indicates you can get free auto insurance, you’re out of luck. Any amount of discount should help reduce the amount you have to pay.

Some of the insurance companies who might offer most of these discounts may include but are not limited to:

Check with each company or agent to apply every possible discount. A few discounts may not apply in your area. To locate insurance companies that offer multiple discounts, click here to view.

How much insurance coverage do I need?

When buying adequate coverage, there is no cookie cutter policy. Everyone’s situation is a little different.

For instance, these questions might point out whether your personal situation could use an agent’s help.

  • Is a blown tire covered by insurance?
  • Does coverage extend to a rental car in a foreign country?
  • Am I covered if I crash into my own garage door?
  • When should I remove comp and collision on my 2008 Chevy Silverado 1500?
  • Is my camper covered by my car insurance policy?
  • Do I need added coverage for expensive stereo equipment?

If it’s difficult to answer those questions, you may need to chat with an agent. To find an agent in your area, simply complete this short form. It is quick, free and can help protect your family.

Auto insurance 101

Knowing the specifics of a insurance policy aids in choosing the best coverages for your vehicles. Insurance terms can be ambiguous and nobody wants to actually read their policy.

Comprehensive (Other than Collision) – This pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as hitting a bird, damage from getting keyed, hail damage, falling objects and rock chips in glass. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Chevy Silverado 1500.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea.

Medical expense insurance – Coverage for medical payments and/or PIP reimburse you for bills for ambulance fees, rehabilitation expenses, surgery and prosthetic devices. The coverages can be used to fill the gap from your health insurance program or if you are not covered by health insurance. It covers all vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Liability auto insurance – This coverage protects you from damage or injury you incur to a person or their property that is your fault. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 25/50/25 that translate to a limit of $25,000 per injured person, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability can pay for things like pain and suffering, medical services, funeral expenses and loss of income. The amount of liability coverage you purchase is your choice, but you should buy as high a limit as you can afford.

Collision – This coverage will pay to fix damage to your Silverado 1500 resulting from colliding with an object or car. A deductible applies and then insurance will cover the remainder.

Collision insurance covers claims such as crashing into a building, driving through your garage door, crashing into a ditch, hitting a mailbox and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Be a penny pincher

As you restructure your insurance plan, make sure you don’t buy poor coverage just to save money. There have been many cases where an insured dropped physical damage coverage to discover at claim time they didn’t purchase enough coverage. Your aim should be to purchase plenty of coverage at a price you can afford but still have enough coverage for asset protection.

Discount 2008 Chevy Silverado 1500 insurance can be sourced both online and from local agencies, and you should be comparing both so you have a total pricing picture. Some insurance providers may not offer rate quotes online and usually these smaller providers only sell coverage through independent insurance agencies.

Consumers who switch companies do it for many reasons like policy cancellation, delays in responding to claim requests, policy non-renewal or even not issuing a premium refund. Regardless of your reason, finding a great new company is pretty simple and you could end up saving a buck or two.

More tips and info about insurance can be read in these articles: