Cheap 2001 Chevrolet Silverado 2500HD Insurance Quotes

I can’t think of anyone who likes having to buy insurance, in particular when they are paying too much.

Big companies like Geico and Progressive increase brand awareness with ads and consumers find it hard to ignore the promise of big savings and do the work needed to find the best deal.

Smart consumers take time to shop coverage around before your policy renews since rates are usually higher with each renewal. Just because you found the best deal on SilveradoHD coverage two years ago other companies may now be cheaper. Ignore everything you know about insurance because you’re about to learn the proper way to find better coverage at a better price.

Discounts are basically free money

Companies don’t list every discount in a way that’s easy to find, so we break down some of the best known as well as the least known savings tricks you should be using.

  • Anti-theft Discount – Cars that have factory anti-theft systems help deter theft and qualify for as much as a 10% discount.
  • Multiple Cars – Buying insurance for all your vehicles on one policy can get a discount on all vehicles.
  • New Vehicle Savings – Putting insurance coverage on a new car can save up to 30% since new cars are generally safer.
  • Anti-lock Brake System – Vehicles with anti-lock braking systems prevent accidents and therefore earn up to a 10% discount.
  • Low Mileage – Keeping the miles down on your Chevy can qualify you for lower rates on the low mileage vehicles.
  • Safety Course Discount – Completing a course teaching defensive driving skills can save you 5% or more if you qualify.

A little note about advertised discounts, many deductions do not apply to the overall cost of the policy. Most only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Even though it may seem like it’s possible to get free car insurance, insurance coverage companies aren’t that generous.

To see a list of insurers who offer insurance coverage discounts, click here.

These factors can influence what you pay for Chevy Silverado 2500HD insurance

An important part of buying insurance is that you know the factors that play a part in calculating the price you pay for auto insurance. Knowing what determines base rates enables informed choices that may reward you with big savings.

  • Little extras can really add up – There are many extra bells and whistles that can waste your money on your Silverado 2500HD policy. Coverages for roadside assistance, accident forgiveness and term life insurance are some examples. They may seem good when talking to your agent, but if they’re wasting money eliminate them to save money.
  • Where do you drive? – Driving more miles in a year’s time the more you will pay for auto insurance. Most companies charge to insure your cars determined by how the vehicle is used. Cars and trucks left parked in the garage receive lower rates than those used for commuting. Improper usage on your Silverado 2500HD can cost quite a bit. Make sure your auto insurance coverage shows the proper vehicle usage, because improper ratings can cost you money.
  • Men are more aggressive – Statistics have proven women tend to be less risk to insure than men. However, this does not mean men are worse drivers. Both sexes have accidents at a similar rate, but men have costlier accidents. Men also receive more costly citations such as reckless driving. Teenage male drivers tend to get in the most accidents and therefore have the most expensive auto insurance rates.
  • Choose a safe vehicle and save – Vehicles with high crash test scores tend to have better insurance rates. Safer cars reduce injuries and better occupant protection translates into fewer and smaller insurance claims and lower rates for you. If your Chevy earned at least four stars on Safercar.gov it may be receiving lower rates.
  • No coverage gaps is important – Allowing your coverage to lapse is a guaranteed way to trigger a rate increase. Not only will you pay more, getting caught without coverage will get you a license revocation or jail time.You may then be required to file a SR-22 with your state department of motor vehicles.
  • Where you live is a factor – Being located in a small town has it’s advantages when insuring your vehicles. Fewer drivers means reduced accidents. Drivers who live in large cities regularly have congested traffic and longer commute times. Higher commute times means more change of being in an accident.
  • Your occupation can affect rates – Occupations such as judges, executives and dentists tend to pay the highest average rates due to job stress and long work days. Other occupations such as pilots, historians and retirees have the lowest average rates on SilveradoHD coverage.

Which insurance is the “right” coverage?

When choosing coverage, there really is not a “best” method to buy coverage. Every situation is different and a cookie cutter policy won’t apply. For instance, these questions may help you determine whether your personal situation might need an agent’s assistance.

  • I don’t drive much so do I pay less?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Am I covered if I break a side mirror?
  • Am I insured when driving a different vehicle?
  • Am I covered if I wreck a rental car?
  • Is my teenager covered with friends in the car?
  • What can I do if my company denied a claim?
  • Is other people’s property covered if stolen from my vehicle?
  • Does liability extend to a camper or trailer?

If you can’t answer these questions but one or more may apply to you, you might consider talking to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies.

Beware of misleading car insurance ads

State Farm, Geico and Progressive continually stream television and radio advertisements. All the companies make the same claim about savings after switching your coverage to them. But how can every company make the same claim? This is how they do it.

All companies can use profiling for the type of driver they prefer to insure. For instance, a profitable customer might be over the age of 50, has no driving citations, and has great credit. A propective insured that hits that “sweet spot” will get very good rates and as a result will probably save a lot of money.

Potential insureds who fall outside these standards will have to pay higher rates and this can result in the driver buying from a lower-cost company. The ads state “customers that switch” but not “drivers who get quotes” save that much. That’s why insurance companies can confidently make the claims of big savings. Because of the profiling, you need to get quotes from several different companies. Because you never know which insurance companies will give you the biggest savings on Chevy Silverado 2500HD insurance.

Auto insurance coverage options for a Chevy Silverado 2500HD

Having a good grasp of a auto insurance policy can help you determine the best coverages for your vehicles. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. These are typical coverage types available from auto insurance companies.

Comprehensive auto coverage

This coverage pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as theft, vandalism and damage from getting keyed. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Auto collision coverage

Collision insurance pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision insurance covers claims like hitting a mailbox, crashing into a building and scraping a guard rail. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. You can also increase the deductible to get cheaper collision coverage.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for things like rehabilitation expenses, X-ray expenses, nursing services and hospital visits. They can be used in conjunction with a health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. PIP is not an option in every state and may carry a deductible

Liability car insurance

This coverage provides protection from injuries or damage you cause to other’s property or people in an accident. This insurance protects YOU from claims by other people. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 25/50/25 which means $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery.

Liability can pay for claims such as loss of income, court costs, attorney fees and pain and suffering. How much coverage you buy is your choice, but it’s cheap coverage so purchase as much as you can afford.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your Chevy Silverado 2500HD.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Smart consumers save more

Throughout this article, we presented many ideas to reduce 2001 Chevy Silverado 2500HD insurance prices online. The most important thing to understand is the more quotes you get, the better likelihood of reducing your rate. You may be surprised to find that the best price on insurance is with a smaller regional carrier. These companies can often insure niche markets at a lower cost than their larger competitors like Geico and State Farm.

Lower-priced insurance can be sourced on the web in addition to many insurance agents, and you need to comparison shop both to have the best selection. There are still a few companies who do not provide you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.

More articles