2011 Chevrolet Silverado 1500 Car Insurance Rates

Nobody that owns a car fancies paying their premiums for car insurance, in particular when their premiums are too high.

Big companies like Allstate, Progressive and GEICO continually hit you with ad campaigns and it can be hard to ignore the flying pigs and cute green geckos and effectively compare rates to find the best deal.

It’s important to quote other rates before your policy renews since prices are constantly changing. Just because you had the best rates for Silverado coverage a couple years back there is a good chance you can find better rate quotes now. Forget all the misinformation about car insurance because you’re about to learn the proper way to remove unneeded coverages and save money.

How to get affordable car insurance

All major car insurance companies like Progressive, Allstate and GEICO give coverage prices from their websites. The process can be done by anyone as you just enter the amount of coverage you want into the quote form. When the form is submitted, their quoting system will obtain your driving record and credit report and returns a price quote based on the data you entered. Quoting online helps simplify price comparisons, but the process of having to visit different websites and type in the same data is a big time waster. But it’s very important to do this if you are searching for a better rate.

An easier way to compare car insurance pricing makes use of a single form to obtain quotes from more than one company. It saves time, helps eliminate reptitive entry, and makes comparison shopping much easier to do. After sending your information, it is quoted and you are able to buy your choice of the price quotes you receive.

If one or more price quotes are lower than your current rates, you simply finish the application and purchase coverage. The entire process takes less than 15 minutes and you will know how your current rates stack up.

To quickly fill out one form to compare multiple rates now, click here to open in a new tab and begin entering your coverage information. If you have your current policy handy, we recommend you input the limits and deductibles as close as possible to your current policy. Doing this guarantees you will have a price comparison based on the exact same insurance coverage.

Cheaper rates with these auto insurance discounts

Auto insurance is not inexpensive, but you can get discounts that can drop the cost substantially. A few discounts will automatically apply at the time you complete a quote, but a few must be asked about prior to getting the savings.

  • Policy Bundle Discount – When you have multiple policies and insure them both with the same insurance company you could save at least 10 to 15 percent or more.
  • Government Employee Discount – Employees or retirees of the government could provide a small rate reduction for Silverado coverage but check with your company.
  • Online Discount – Certain auto insurance companies give back up to $50 get insurance coverage on the internet.
  • ABS Braking Discount – Anti-lock brake equipped vehicles can stop better under adverse conditions and qualify for as much as a 10% discount.
  • Passive Restraints – Options like air bags or motorized seat belts can receive discounts of 25 to 30%.
  • Discount for Home Ownership – Owning your own home or condo can save you money because of the fact that having a home requires a higher level of personal finance.
  • Sign Early and Save – Some larger companies give discounts for buying a new policy before your current expiration date. This can save 10% or more.

One last thing about discounts, many deductions do not apply to your bottom line cost. A few only apply to the cost of specific coverages such as medical payments or collision. Even though it may seem like adding up those discounts means a free policy, company stockholders wouldn’t be very happy. But all discounts will definitely reduce your policy premium.

Companies and their offered discounts can be read below.

  • GEICO offers premium reductions for defensive driver, daytime running lights, driver training, anti-lock brakes, air bags, and five-year accident-free.
  • MetLife policyholders can earn discounts including good driver, multi-policy, good student, defensive driver, claim-free, accident-free
  • State Farm may have discounts that include anti-theft, defensive driving training, Steer Clear safe driver discount, multiple policy, driver’s education, and accident-free.
  • Progressive may offer discounts for good student, homeowner, multi-policy, online quote discount, multi-vehicle, online signing, and continuous coverage.
  • Mercury Insurance has discounts for multi-policy, low natural disaster claims, multi-car, good driver, type of vehicle, and accident-free.
  • 21st Century offers discounts including air bags, teen driver, homeowners, good student, student driver, and defensive driver.
  • Allstate discounts include auto/life discount, passive restraint, senior citizen, good payer, and utility vehicle.

Double check with each company which discounts they offer. Some credits may not apply in your area. To see companies that offer many of these discounts, follow this link.

Auto insurance can get complicated

When it comes to choosing coverage for your personal vehicles, there really is not a perfect coverage plan. Your needs are not the same as everyone else’s so this has to be addressed. For example, these questions may help highlight whether you would benefit from an agent’s advice.

  • Do I have coverage for damage caused while driving under the influence?
  • Is other people’s property covered if stolen from my vehicle?
  • Can I rate high risk drivers on liability-only vehicles?
  • How do I buy GAP insurance?
  • Can I get a multi-policy discount?
  • Where can I find DUI or SR-22 insurance?
  • Am I covered by my spouse’s policy after a separation?
  • What is an SR-22 filing?
  • Does coverage extend to my business vehicle?
  • What if I owe more than I can insure my car for?

If it’s difficult to answer those questions, you may need to chat with an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies.

Auto insurance coverage information

Having a good grasp of a insurance policy can be of help when determining which coverages you need at the best deductibles and correct limits. Insurance terms can be confusing and reading a policy is terribly boring. Shown next are typical coverage types found on the average insurance policy.

Auto collision coverage

Collision coverage covers damage to your Silverado 1500 resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as backing into a parked car, sideswiping another vehicle and scraping a guard rail. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. Another option is to raise the deductible in order to get cheaper collision rates.

Comprehensive coverage

This coverage pays for damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like hitting a deer, hitting a bird and hail damage. The maximum amount your insurance company will pay is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance reimburse you for expenses such as ambulance fees, dental work, EMT expenses and chiropractic care. The coverages can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers you and your occupants and will also cover if you are hit as a while walking down the street. PIP is not universally available and may carry a deductible

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered claims include injuries to you and your family as well as damage to your Chevy Silverado 1500.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family. Frequently these coverages are similar to your liability insurance amounts.

Liability coverages

Liability coverage provides protection from damage that occurs to people or other property. This coverage protects you from legal claims by others, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 100/300/100 that translate to a limit of $100,000 per injured person, $300,000 for the entire accident, and property damage coverage for $100,000. Another option is one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.

Liability insurance covers claims such as medical expenses, repair costs for stationary objects, structural damage, bail bonds and loss of income. The amount of liability coverage you purchase is your choice, but consider buying as large an amount as possible.

Never pay more for less

As you quote insurance coverage, make sure you don’t reduce needed coverages to save money. There have been many situations where drivers have reduced liability limits or collision coverage only to regret at claim time that their decision to reduce coverage ended up costing them more. Your goal is to find the BEST coverage at the best cost, but do not sacrifice coverage to save money.

More affordable auto insurance is definitely available both online and with local insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some auto insurance companies may not offer online quoting and most of the time these small insurance companies sell through independent agents.

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