2006 Chevrolet Silverado 3500 Insurance Quotes

Searching for the cheapest insurance coverage rates for your Chevrolet Silverado 3500? Tired of trying to scrape together enough money to pay your car insurance bill each month? You’re in the same situation as many other drivers. Drivers have so many insurers to insure vehicles with, and although it’s a good thing to have multiple companies, it can be more difficult to locate the cheapest rates.

It is always a good idea to do rate comparisons quite often because rates are rarely the same from one policy term to another. Despite the fact that you may have had the best rates for Silverado insurance a few years ago you can probably find a better price now. Don’t believe everything you read about insurance coverage on the internet, so with this article, you’re going to get the easiest ways to put money back in your pocket.

Auto Insurance Comparisons

Finding a lower price on 2006 Chevy Silverado 3500 insurance is a fairly straight forward process. Drivers just need to take time comparing rate quotes online from several insurance companies. This can be done using a couple different methods.

One of the best ways to compare a lot of rates at once is an all-inclusive rate comparison (click to open form in new window). This easy form eliminates the need for multiple quote forms to each individual auto insurance company. One form submission will get you rate comparisons instantly.

A slightly less efficient method to compare rate quotes is going to each company website and request a quote. For examples sake, we’ll assume you want rates from State Farm, Farmers and Travelers. To find out each rate you need to take the time to go to each site to input your insurance information, which is why most consumers use the first method.

For a handy list of car insurance company links in your area, click here.

Which method you use is up to you, but ensure you are comparing apples-to-apples coverage information for each comparison quote. If you enter unequal deductibles or liability limits then you won’t be able to truly determine the lowest rate.

Are you getting all your discounts?

Companies that sell car insurance do not list every available discount very clearly, so we took the time to find some of the best known and the more hidden ways to save on car insurance. If you’re not getting every credit available, you’re paying more than you need to.

  • Club Memberships – Being a member of a civic or occupational organization could qualify you for a break on your policy for Silverado insurance.
  • 55 and Retired – Mature drivers may receive reduced rates for Silverado insurance.
  • Resident Student – Children who attend school more than 100 miles from home and do not have a car may qualify for this discount.
  • Drivers Education – Make teen driver coverage more affordable by requiring them to take driver’s ed class if offered at their school.
  • Braking Control Discount – Anti-lock brake equipped vehicles can reduce accidents and will save you 10% or more.

Keep in mind that most discount credits are not given to the overall cost of the policy. Most only reduce individual premiums such as medical payments or collision. So even though they make it sound like all those discounts means the company will pay you, car insurance companies aren’t that generous.

Companies that may have these money-saving discounts include:

Check with all companies you are considering which discounts they offer. Savings might not be offered in your state.

When might I need an agent?

When buying the right insurance coverage, there isn’t really a “perfect” insurance plan. Your needs are not the same as everyone else’s so this has to be addressed. Here are some questions about coverages that can aid in determining whether your personal situation could use an agent’s help.

  • Is rental equipment covered for theft or damage?
  • What is medical payments coverage?
  • Do I need replacement cost coverage on my 2006 Chevy Silverado 3500?
  • What is the ISO rating for a 2006 Chevy Silverado 3500?
  • Are my friends covered when driving my car?
  • Can I rate high risk drivers on liability-only vehicles?
  • Should I buy more coverage than the required minimum liability coverage?

If you’re not sure about those questions but a few of them apply, you might consider talking to an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies. It is quick, free and may give you better protection.

Lesser-known factors impacting Chevy Silverado 3500 insurance rates

Consumers need to have an understanding of the rating factors that go into determining your insurance rates. When you know what positively or negatively influences your rates allows you to make educated decisions that may reward you with big savings.

Listed below are some of the items companies use to determine rates.

  • More miles equals more premium – The more you drive in a year’s time the higher your rate. Most companies charge to insure your cars determined by how the vehicle is used. Cars and trucks left parked in the garage can get a lower rate compared to those used for work or business. Make sure your insurance policy shows the correct driver usage, because it can save money. If your policy improperly rates your Silverado 3500 may be costing you.
  • Your age impacts your rates – Youthful drivers are known to get distracted easily in a vehicle so they pay higher insurance rates. Mature drivers are more responsible, tend to file fewer claims and get fewer tickets.
  • Higher safety ratings means cheaper insurance – Vehicles with good safety scores can get you lower premiums. Safer cars reduce injuries and any reduction in injury severity means less money paid by your insurance company and lower rates for you. If your Chevy Silverado 3500 is rated at least four stars on Safercar.gov it is probably cheaper to insure.
  • Your location affects your rates – Living in a rural area can be a good thing when buying insurance. Fewer drivers means a lower chance of having an accident and also fewer theft and vandalism claims. Urban drivers tend to have much more traffic to deal with and longer commutes to work. Longer commute distances can result in more accidents.

Parts of your insurance policy

Understanding the coverages of your policy aids in choosing the best coverages and proper limits and deductibles. Insurance terms can be confusing and coverage can change by endorsement. Below you’ll find the normal coverages available from insurance companies.

Comprehensive insurance

Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for claims such as falling objects, hitting a deer, damage from a tornado or hurricane and a broken windshield. The maximum amount a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Auto collision coverage

This coverage pays for damage to your Silverado 3500 resulting from a collision with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for things such as driving through your garage door, sideswiping another vehicle, crashing into a ditch, damaging your car on a curb and hitting a mailbox. This coverage can be expensive, so consider removing coverage from older vehicles. It’s also possible to raise the deductible to save money on collision insurance.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses such as EMT expenses, X-ray expenses, surgery and rehabilitation expenses. They can be used to fill the gap from your health insurance plan or if you do not have health coverage. It covers all vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is not universally available and may carry a deductible

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your 2006 Chevy Silverado 3500.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family.

Liability auto insurance

Liability insurance provides protection from damage or injury you incur to other people or property in an accident. It protects you from legal claims by others, and 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. You might see limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability can pay for claims like attorney fees, repair costs for stationary objects, bail bonds, structural damage and court costs. The amount of liability coverage you purchase is up to you, but buy as high a limit as you can afford.

Have money to burn

Budget-conscious 2006 Chevy Silverado 3500 insurance is definitely available both online as well as from independent agents, and you should compare price quotes from both to have the best selection. A few companies don’t offer you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.

When shopping online for insurance, don’t be tempted to buy less coverage just to save a little money. There have been many cases where consumers will sacrifice liability coverage limits only to regret that it was a big error on their part. Your goal should be to get the best coverage possible at an affordable rate while still protecting your assets.

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