2013 Chevrolet Silverado 1500 Insurance Cost – 5 Tips for Best Prices

Finding low-cost insurance for a Chevy Silverado 1500 can turn out to be difficult, but you can learn the following methods to find lower rates. There are both good and bad ways to compare auto insurance rates and we’ll show you the absolute fastest way to compare rates on a Chevy and obtain the best price possible either online or from local insurance agents.

Ways to get auto insurance rate quotes

Most larger insurance companies such as Progressive, Allstate and GEICO make it easy to get coverage prices directly from their websites. Doing online quotes doesn’t take much effort as you just enter the amount of coverage you want into the form. When the form is submitted, their rating system pulls your driving and credit reports and returns pricing information.

Online quotes makes it easy to compare insurance prices but the time required to go to several different sites and type in your information is a waste of time. But it is imperative to get many rate quotes in order to get a lower rate.

Isn’t there an easier way to compare rates?

A less time-consuming method to find better auto insurance pricing is to use a quote form to return rates from multiple companies. It saves time, reduces the work, and makes rate comparisons much more efficient. Immediately after submitting the form, it is rated and you can select any one of the price quotes you receive. If you find a better price you can simply submit the application and buy the new coverage. The whole process can be completed in less than 10 minutes and could lower your rates considerably.

In order to find out how much you can save on auto insurance, click here to open in a new tab and enter your vehicle and coverage information. If you currently have coverage, we recommend you complete the form with the coverage information identical to your current policy. This way, you’re receiving rate comparison quotes for similar coverage.

Insurance coverage ads are enticing

Consumers can’t ignore all the ads for insurance coverage savings by Progressive, Allstate and GEICO. They all make the point about saving some big amount if you just switch your insurance coverage policy to them.

How do they all say the same thing? Here is the trick they use.

Insurance coverage companies have underwriting criteria for the type of driver that earns them the most money. For instance, a desirable risk might be a mature driver, has no driving citations, and drives less than 7,500 miles a year. Any person that hits that “sweet spot” will get a cheap rate quote and will most likely save a lot if they switch.

Potential insureds who do not meet the “perfect” profile will be charged higher premium rates which usually ends up with the customer buying from a different company. The ads say “customers that switch” but not “everyone who gets a quote” can save as much as they claim. This is how insurance companies can make claims that they all have the best car insurance rates. Because of this risk profiling, drivers must get a wide range of price quotes. It is just not possible to predict which insurance companies will have the best rates at this point in time.

Do you qualify for discount insurance?

Some insurers don’t always advertise every discount they offer very well, so we researched some of the more common and the more hidden credits that you can use to lower your rates.

  • Organization Discounts – Belonging to a civic or occupational organization is a good way to get lower rates on insurance.
  • Low Miles Discount – Maintaining low annual mileage can qualify you for lower premium rates due to less chance of an accident.
  • Early Payment Discounts – By making one initial payment rather than spreading payments over time you may have a lower total premium amount.
  • Discounts for Good Drivers – Drivers who don’t get into accidents may receive a discount up to 45% for Silverado coverage compared to rates paid by drivers with frequent claims.
  • Defensive Driver Discounts – Completing a defensive driving course can save you 5% or more and easily pay for the cost of the class.

A little disclaimer on discounts, many deductions do not apply to the entire policy premium. The majority will only reduce individual premiums such as comp or med pay. Just because you may think you can get free auto insurance, you’re out of luck.

For a list of companies that offer multiple discounts, click here.

What insurance coverages do I need?

When choosing the right insurance coverage, there isn’t really a perfect coverage plan. Everyone’s situation is a little different.

For instance, these questions might point out whether you will benefit from professional help.

  • Are rental cars covered under my policy?
  • Do I need to file an SR-22 for a DUI in my state?
  • Who is covered when they drive my 2013 Chevy Silverado 1500?
  • Does my car insurance cover rental cars?
  • Are all vehicle passengers covered by medical payments coverage?
  • Are my tools covered if they get stolen from my vehicle?
  • Am I covered when driving someone else’s vehicle?
  • Can I afford low physical damage deductibles?
  • Do I need PIP coverage since I have good health insurance?
  • Do I have newly-aquired coverage?

If it’s difficult to answer those questions, you might consider talking to an agent. To find lower rates from a local agent, simply complete this short form. It’s fast, doesn’t cost anything and can help protect your family.

Detailed coverages of your insurance policy

Learning about specific coverages of a insurance policy helps when choosing which coverages you need and proper limits and deductibles. Policy terminology can be confusing and reading a policy is terribly boring.

Comprehensive protection

This coverage covers damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like damage from getting keyed, hitting a bird and fire damage. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Medical expense coverage

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for things like pain medications, rehabilitation expenses, X-ray expenses, prosthetic devices and funeral costs. The coverages can be used in conjunction with a health insurance program or if you lack health insurance entirely. Coverage applies to you and your occupants as well as being hit by a car walking across the street. PIP coverage is not an option in every state and may carry a deductible

Liability auto insurance

Liability coverage can cover injuries or damage you cause to people or other property that is your fault. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 100/300/100 which stand for a limit of $100,000 per injured person, $300,000 for the entire accident, and property damage coverage for $100,000.

Liability coverage pays for claims like medical services, attorney fees, legal defense fees, repair bills for other people’s vehicles and emergency aid. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as much as you can afford.

Collision coverage

Collision coverage will pay to fix damage to your Silverado 1500 caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for things like colliding with a tree, crashing into a building and sideswiping another vehicle. This coverage can be expensive, so consider dropping it from older vehicles. You can also raise the deductible in order to get cheaper collision rates.

Uninsured or underinsured coverage

Your UM/UIM coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Chevy Silverado 1500.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.

Better coverage you can count on

As you restructure your insurance plan, it’s very important that you do not reduce needed coverages to save money. There have been many situations where drivers have reduced uninsured motorist or liability limits only to regret that they should have had better coverage. Your goal should be to get the best coverage possible for the lowest cost.

You just read many tips how you can reduce 2013 Chevy Silverado 1500 insurance premium rates online. It’s most important to understand that the more rate quotes you have, the better chance you’ll have of finding low cost insurance. Consumers could even find that the lowest priced insurance coverage comes from a lesser-known regional company.

Cost effective 2013 Chevy Silverado 1500 insurance can be sourced online and with local insurance agents, so you should compare both to have the best chance of lowering rates. Some companies do not provide rate quotes online and many times these regional carriers prefer to sell through independent insurance agencies.

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