Save on 2018 Chevrolet Silverado 2500HD Car Insurance Rates

Looking for the cheapest auto insurance rates for your Chevrolet Silverado 2500HD? Are you sick and tired of scraping the payment together to make your auto insurance payment? Your situation is no different than millions of other vehicle owners.

You have so many insurers to pick from, and even though it’s nice to have a choice, it makes it harder to find the best rates.

It’s smart to compare premium rates on a regular basis because auto insurance prices are constantly changing. Just because you had the lowest rates for SilveradoHD coverage a couple years back you may be paying too much now. You’ll find a ton of advice on auto insurance online, but you can learn the easiest ways to lower your auto insurance rates.

The quickest method we recommend to compare insurance rates from multiple companies is to understand car insurance companies actually pay money for the chance to give rate comparisons. All you need to do is provide details including distance driven, which vehicles you own, what you do for a living, and how much school you completed. Those rating factors is submitted instantly to all major companies and you will get price comparisons within a short period of time.

Car insurance is unique, just like you

When it comes to choosing proper insurance coverage, there isn’t really a cookie cutter policy. Everyone’s situation is unique and your policy should reflect that. Here are some questions about coverages that may help highlight whether or not you might need professional guidance.

  • Will my rates increase for filing one claim?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • What is PIP insurance?
  • Will my insurance pay for OEM parts?
  • Do all my vehicles need collision coverage?
  • How much liability do I need to cover my assets?
  • Do I need added coverage for expensive stereo equipment?
  • Should I buy more coverage than the required minimum liability coverage?
  • How can I get my company to pay me more for my totalled car?
  • Am I missing any policy discounts?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies.

Insurance policy specifics

Understanding the coverages of a insurance policy helps when choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be confusing and reading a policy is terribly boring. These are the usual coverages found on the average insurance policy.

Collision insurance

This coverage pays for damage to your Silverado 2500HD caused by collision with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as damaging your car on a curb, colliding with a tree, hitting a parking meter, rolling your car and colliding with another moving vehicle. This coverage can be expensive, so consider removing coverage from lower value vehicles. It’s also possible to bump up the deductible to save money on collision insurance.

Liability

Liability insurance will cover damage or injury you incur to people or other property in an accident. It protects you from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Alternatively, you may have a combined limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as funeral expenses, structural damage and legal defense fees. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as high a limit as you can afford.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses like nursing services, funeral costs, EMT expenses and rehabilitation expenses. They are often used in conjunction with a health insurance program or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP is not available in all states and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. It can pay for hospital bills for your injuries as well as damage to your Chevy Silverado 2500HD.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked. Usually these limits are similar to your liability insurance amounts.

Comprehensive coverage

This coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like damage from a tornado or hurricane, damage from getting keyed and hitting a bird. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.