Are you tired of robbing Peter to pay Paul to insure your Chevy every month? You are in the same boat as millions of other consumers. Companies like Allstate and Progressive continually bombard you with fancy advertisements and it can be hard to see through the cute green geckos and mayhem and take the time to shop coverage around.
Companies offering auto insurance do not list every available discount very well, so we took the time to find both well-publicized as well as the least known ways to save on car insurance. If you don’t get every credit you qualify for, you’re paying more than you need to.
A little note about advertised discounts, most discount credits are not given to the overall cost of the policy. A few only apply to the cost of specific coverages such as medical payments or collision. Even though it may seem like all those discounts means the company will pay you, car insurance companies aren’t that generous.
For a list of companies with discount car insurance rates, click this link.
All major insurance companies such as State Farm and Allstate allow you to get insurance quotes online. This process doesn’t take a lot of time as you just enter your coverage information into a form. Behind the scenes, the company’s rating system will obtain your driving and credit reports and gives you a price quote. Online price quotes makes comparing rates easy, but having to visit multiple sites and fill out multiple forms can be a bit repetitive. But it is imperative to compare as many rates as possible in order to find the lowest possible prices on insurance.
There is a better way!
A quicker way to lower your rates utilizes a single form that gets price quotes from more than one company. It saves time, reduces the work, and makes online shopping much simpler. After your information is entered, your coverage is rated and you can select any of the quotes that you receive. If the quotes result in lower rates, it’s easy to complete the application and buy the new coverage. It takes less than 15 minutes and could lower your rates considerably.
In order to find out how much you’re overpaying now, simply click here to open in new window and input your coverage information. If you have coverage now, it’s recommended you duplicate the coverages identical to your current policy. Doing this assures you will have a fair comparison for similar insurance coverage.
When it comes to choosing the best insurance coverage for your personal vehicles, there really is not a single plan that fits everyone. Everyone’s needs are different so this has to be addressed. For example, these questions might point out whether or not you will benefit from professional help.
If you don’t know the answers to these questions, then you may want to think about talking to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of insurance companies in your area. It’s fast, doesn’t cost anything and can help protect your family.
Knowing the specifics of your car insurance policy aids in choosing which coverages you need and proper limits and deductibles. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Below you’ll find typical coverages available from car insurance companies.
Comprehensive auto coverage
This covers damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for claims such as falling objects, hitting a bird and vandalism. The maximum payout a car insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.
This covers damage to your Silverado 1500 resulting from colliding with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.
Collision coverage pays for claims like sideswiping another vehicle, colliding with another moving vehicle, colliding with a tree, hitting a mailbox and damaging your car on a curb. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Another option is to increase the deductible in order to get cheaper collision rates.
Medical payments and PIP coverage
Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses for things like chiropractic care, dental work and surgery. The coverages can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants as well as being hit by a car walking across the street. PIP coverage is not available in all states but can be used in place of medical payments coverage
UM/UIM (Uninsured/Underinsured Motorist) coverage
This coverage provides protection when other motorists do not carry enough liability coverage. It can pay for hospital bills for your injuries 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. This is the reason having UM/UIM coverage is very important.
Coverage for liability
This can cover damage or injury you incur to a person or their property by causing an accident. This coverage protects you from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.
Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.
Liability coverage protects against claims like repair bills for other people’s vehicles, court costs, structural damage and attorney fees. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.
You just learned a lot of tips how to shop for 2000 Chevy Silverado 1500 insurance online. The key concept to understand is the more providers you compare, the higher your chance of finding lower rates. Consumers may even find the lowest priced car insurance comes from the least-expected company. They can often insure niche markets at a lower cost as compared to the big name companies such as Allstate, GEICO and Progressive.
As you shop your coverage around, it’s a bad idea to skimp on coverage in order to save money. In many instances, someone sacrificed collision coverage and discovered at claim time that their decision to reduce coverage ended up costing them more. Your strategy should be to buy the best coverage you can find at a price you can afford while still protecting your assets.
Additional information is located at the links below