View 2002 Chevrolet Silverado 3500 Insurance Quotes

Nobody I know likes paying for auto insurance, especially when the price is too high. You have multiple car insurance companies to insure vehicles with, and although it’s nice to have multiple companies, lots of choices makes it harder to find the lowest cost provider.

It’s smart to check auto insurance prices every six months because insurance rates fluctuate regularly. Despite the fact that you may have had the best deal on Silverado coverage a year ago there may be better deals available now. You can find a lot of misleading information regarding auto insurance online, so we’re going to give you some of the best ways to put money back in your pocket.

How to Get Auto Insurance

Cutting your auto insurance rates is not rocket science. All that’s required is to spend a few minutes on the computer to compare rate quotes online with multiple companies. This can be accomplished in just a few minutes using one of these methods.

  1. The most efficient way consumers can analyze rates is an all-inclusive rate comparison click to view form in new window. This type of form prevents you from having to do repetitive form submissions for each company you want a rate for. One form will return price quotes from all major companies.
  2. A different way to find lower rates consists of visiting each company’s website to complete a price quote. For examples sake, let’s assume you want to compare rates from Progressive, Esurance and American Family. To get rate quotes you would need to spend time on each company’s site and enter your information, which is why most consumers use the first method. For a handy list of car insurance company links in your area, click here.

Whichever method you choose, be sure to compare apples-to-apples coverage limits on every quote you get. If you use different values for each quote it will be impossible to truly determine the lowest rate.

Pieces of the Chevy Silverado 3500 insurance rate puzzle

Consumers need to have an understanding of the different types of things that come into play when calculating the rates you pay for car insurance. When you know what positively or negatively controls the rates you pay empowers consumers to make smart changes that may reward you with much lower annual insurance costs.

  • Drive a safer car and pay less – Vehicles with high crash test scores can get you lower premiums. Safer cars result in less severe injuries and lower injury rates means less money paid by your insurance company and lower rates for you. If your Chevy is rated at least four stars on Safercar.gov it is probably cheaper to insure.
  • Optional equipment can affect rates – Driving a car with anti-theft technology or alarm system can save you a little every year. Theft prevention features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder auto theft.
  • You might want pay the small claims yourself – Auto insurance companies generally give cheaper rates to insureds who do not rely on their insurance for small claims. If you file claims often, you can definitely plan on higher rates. Your insurance policy is intended to be relied upon for major claims that would cause financial hardship.
  • Poor driving leads to higher costs – Whether or not you get tickets has a huge affect on how much you pay. Careful drivers tend to pay less for car insurance compared to drivers with tickets. Just one moving violation can boost insurance rates by twenty percent. Drivers with flagrant tickets like reckless driving, hit and run or driving under the influence are required to file a SR-22 with their state motor vehicle department in order to keep their license.
  • Liability coverage protects you – Liability coverage is the coverage that protects you in the event that a jury decides you are liable for damages from an accident. Liability insurance provides you with a defense in court which can be incredibly expensive. Liability is cheap when compared with rates for comp and collision, so drivers should carry high limits.
  • Older drivers save more – Older insureds are more responsible, file fewer claims and tend to be better behind the wheel. Youthful drivers are statistically proven to be careless and easily distracted when behind the wheel and because of this, their car insurance rates are much higher.
  • Men are more aggressive – Statistics show women tend to be less risk to insure than men. However, don’t assume that women are better drivers. They both tend to get into accidents at about the same rate, but men cause more damage and cost insurance companies more money. Men also receive more costly citations like reckless driving and DUI.

Get lower rates on Chevy Silverado 3500 insurance

Insurance can be prohibitively expensive, but discounts can save money and there are some available to help offset the cost. Some trigger automatically when you get a quote, but some may not be applied and must be specially asked for before being credited. If you’re not getting every credit you deserve, you’re just leaving money on the table.

  • Sign Early and Save – A few companies offer discounts for buying a policy prior to your current policy expiring. It can save you around 10%.
  • Passive Restraints and Air Bags – Cars that have air bags or automatic seat belts can qualify for discounts of more than 20%.
  • Homeowners Pay Less – Simply owning a home can help you save on insurance because owning a home requires personal responsibility.
  • Student Driver Training – Require your teen driver to take driver’s ed class if it’s offered in school.
  • Multiple Cars – Buying insurance for all your vehicles on one policy could earn a price break for each car.
  • Anti-theft System – Cars that have factory anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
  • Employee of Federal Government – Active or retired federal employment can earn a discount up to 10% on Silverado coverage with select insurance companies.
  • Military Discounts – Being deployed with a military unit can result in better rates.
  • Distant Student – Any of your kids who live away from home and don’t have a car can be insured at a reduced rate.

A little note about advertised discounts, some of the credits will not apply the the whole policy. The majority will only reduce individual premiums such as comp or med pay. Even though it may seem like you could get a free insurance policy, companies don’t profit that way. Any qualifying discounts will reduce the amount you have to pay.

Insurance companies who might offer these discounts include:

Check with each company which discounts they offer. All car insurance discounts might not apply in your area.

Tailor your coverage to you

When buying the right insurance coverage for your vehicles, there really is no “perfect” insurance plan. Every insured’s situation is different so your insurance needs to address that. These are some specific questions may help you determine whether your personal situation might need an agent’s assistance.

  • Which is better, split liability limits or combined limits?
  • Am I covered if I drive in a foreign country?
  • Does my policy pay for OEM or aftermarket parts?
  • What if I total my 2002 Chevy Silverado 3500 and owe more than it’s worth?
  • Does liability extend to a camper or trailer?
  • What is the ISO rating for a 2002 Chevy Silverado 3500?
  • Is upholstery damage covered by car insurance?
  • When should I remove comp and collision on my 2002 Chevy Silverado 3500?
  • Is business equipment covered while in my vehicle?

If you’re not sure about those questions, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and can help protect your family.

Coverages available on your policy

Learning about specific coverages of a auto insurance policy can help you determine the right coverages for your vehicles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Listed below are the usual coverages offered by auto insurance companies.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage provides protection from other drivers when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your 2002 Chevy Silverado 3500.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important. Most of the time these limits are set the same as your liablity limits.

Coverage for liability

This will cover damages or injuries you inflict on other’s property or people. It protects you against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 25/50/25 that translate to $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage pays for things such as emergency aid, repair costs for stationary objects, structural damage, court costs and bail bonds. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as much as you can afford.

Auto collision coverage

This coverage covers damage to your Silverado 3500 from colliding with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like crashing into a ditch, damaging your car on a curb, hitting a mailbox and hitting a parking meter. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Drivers also have the option to raise the deductible to bring the cost down.

Comprehensive coverage (or Other than Collision)

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like damage from flooding, fire damage and hitting a bird. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses like chiropractic care, dental work and rehabilitation expenses. They are used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. They cover both the driver and occupants and will also cover any family member struck as a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Be a smart shopper

We just covered a lot of tips how to shop for 2002 Chevy Silverado 3500 insurance online. The key concept to understand is the more price quotes you have, the better chance you’ll have of finding lower rates. Consumers could even find that the lowest priced insurance comes from a company that doesn’t do a lot of advertising. They often have lower prices on specific markets as compared to the big name companies such as Progressive or GEICO.

Cost effective insurance can be sourced on the web and with local insurance agents, and you should compare price quotes from both in order to have the best chance of saving money. A few companies do not offer the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agents.

As you go through the steps to switch your coverage, never sacrifice coverage to reduce premiums. There are too many instances where someone dropped physical damage coverage only to regret at claim time that the small savings ended up costing them much more. The ultimate goal is to purchase plenty of coverage at an affordable rate while still protecting your assets.

Helpful articles