View 2007 Chevrolet Silverado 1500 Classic Insurance Quotes

Having to pay for overpriced car insurance can empty your checking account, especially in this economy. Shopping your coverage around is a smart way to cut your insurance bill.

Many insurers vie for your insurance dollar, so it can be very hard to choose a insurance company to get the lowest rate

It’s a good idea to compare rates quite often because prices trend upward over time. Just because you had the best price for Silverado Classic coverage a year ago you may be paying too much now. So just forget anything you know (or think you know) about car insurance because I’m going to teach you how to quote online to lower your annual insurance bill.

If you are paying for car insurance now, you will most likely be able to reduce your rates substantially using these tips. Buying car insurance is easy if you know what you’re doing. Although car owners must understand the way insurance companies market insurance on the web and take advantage of how the system works.

How to Get Cheap Car Insurance

The are a couple different ways to get quotes and find the best price. The quickest method to find the lowest 2007 Chevy Silverado 1500 Classic rates is to perform an online rate comparison. This can be done in several different ways.

  • The fastest way to get the best comparison quotes is an all-inclusive rate comparison click to view form in new window. This type of form keeps you from doing a different quote to each individual car insurance company. One simple form compares rates from multiple companies.
  • A slightly less efficient method to compare rate quotes is to manually visit the website for every company you want to comare to complete a price quote. For examples sake, we’ll pretend you want comparison quotes from Nationwide, Farmers and Allstate. To get each rate you have 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 list of links to companies insuring cars in your area, click here.

Whichever way you use, be sure to compare identical coverage limits on every quote. If you enter unequal deductibles or liability limits then you won’t be able to decipher which rate is best. Quoting even small variations in coverages can result in a big premium difference. And when price shopping your coverage, more quotes will enable you to find lower pricing.

Save on Chevy Silverado 1500 Classic insurance

Insuring your vehicles can cost a lot, but you can get discounts that you may not know about. A few discounts will automatically apply when you quote, but a few need to be inquired about before you get the savings.

  • Senior Discount – Mature drivers may receive better insurance coverage rates for Silverado Classic coverage.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags can qualify for discounts of 20% or more.
  • Service Members Pay Less – Being on active duty in the military could mean lower rates.
  • Club Memberships – Being a member of a qualifying organization may earn a discount on your policy for Silverado Classic coverage.
  • Multiple Policy Discount – If you have multiple policies with the same company you could get a discount of 10% to 20% off each policy.
  • Accident Forgiveness – A handful of insurance companies will forgive one accident before your rates go up if your claims history is clear for a set time period.

As a disclaimer on discounts, some of the credits will not apply to all coverage premiums. Most only reduce the cost of specific coverages such as comp or med pay. So even though they make it sound like you can get free auto insurance, insurance coverage companies aren’t that generous. Any amount of discount will help reduce the cost of coverage.

For a list of insurance companies who offer insurance coverage discounts, follow this link.

Tailor your coverage to you

When choosing the best insurance coverage for your personal vehicles, there really is no best way to insure your cars. Every insured’s situation is different so this has to be addressed. For example, these questions may help highlight if you might need an agent’s assistance.

  • Is my custom paint covered by insurance?
  • Are there companies who specialize in insuring high-risk drivers?
  • What if I owe more than I can insure my car for?
  • Does my policy pay for OEM or aftermarket parts?
  • Where can I get insurance after a DUI in my state?
  • Does my medical payments coverage pay my health insurance deductible?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier

Factors that can influence Chevy Silverado 1500 Classic insurance rates

Smart consumers have a good feel for the different types of things that go into determining the price you pay for car insurance. Knowing what impacts premium levels allows you to make educated decisions that may reward you with much lower annual insurance costs.

  • Older drivers pay less – Young drivers tend to get distracted easily when behind the wheel so car insurance rates are higher. Older insureds are more responsible, tend to cause fewer accidents and tend to be better behind the wheel.
  • Better credit scores mean better rates – Your credit rating is a large factor in determining your rates. Drivers with high credit scores tend to file fewer claims and have better driving records than drivers with lower ratings. If your credit score can use some improvement, you could pay less to insure your 2007 Chevrolet Silverado 1500 Classic by spending a little time repairing your credit.
  • Do you need those extra coverages? – There are a lot of extra bells and whistles that can waste your money when buying car insurance. Coverages like personal injury protection, accident forgiveness and term life insurance may be costing you every month. They may seem like a good idea when talking to your agent, but if they’re wasting money get rid of them and save.
  • Better crash test results mean better rates – Vehicles with good safety scores can get you lower premiums. Safer cars result in less severe injuries and lower injury rates translates into fewer and smaller insurance claims passed on to you as lower rates. If your Chevy Silverado 1500 Classic earned at least four stars on or an “acceptable” rating on it may be receiving lower rates.
  • Cautious drivers pay less – Whether or not you get tickets has a lot to do with how much you pay for insurance. Only having one citation can boost insurance rates forty percent or more. Careful drivers receive lower rates than their less careful counterparts. Drivers with dangerous tickets like reckless driving, hit and run or driving under the influence are required to submit a SR-22 form with their state DMV in order to prevent a license revocation.
  • Rural vs Urban Areas – Living in less populated areas can save you money when it comes to car insurance. City drivers regularly have traffic congestion and much longer commute distances. Fewer people means reduced accidents.
  • More than one policy can earn a discount – Some companies will award you with lower prices to policyholders who have multiple policies with them such as combining an auto and homeowners policy. Discounts can add up to anywhere from five to ten percent in most cases. Even with this discount, it’s still a good idea to compare other company rates to ensure the best deal. Drivers may still find better rates by splitting coverages up.

Car insurance coverage information

Having a good grasp of a insurance policy aids in choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverage types available from insurance companies.

Liability car insurance

Liability insurance provides protection from damage that occurs to people or other property in an accident. It protects YOU against other people’s claims. 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. You commonly see limits of 50/100/50 that means you have $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Some companies may use a combined single limit or CSL which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage pays for things like emergency aid, loss of income and funeral expenses. How much liability coverage do you need? That is your choice, but consider buying as much as you can afford.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance provide coverage for bills for things like ambulance fees, EMT expenses and hospital visits. They are often used to fill the gap from your health insurance program or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants and will also cover any family member struck as a pedestrian. PIP is only offered in select states and gives slightly broader coverage than med pay

Comprehensive auto coverage

This coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as hail damage, a tree branch falling on your vehicle, hitting a bird, rock chips in glass and vandalism. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Auto collision coverage

This coverage pays for damage to your Silverado 1500 Classic from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like backing into a parked car, crashing into a ditch, sustaining damage from a pot hole and rolling your car. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Another option is to raise the deductible to bring the cost down.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your Chevy Silverado 1500 Classic.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Keep this in mind

When buying insurance coverage, make sure you don’t buy lower coverage limits just to save a few bucks. There are too many instances where an insured dropped physical damage coverage only to discover later that they should have had better coverage. The proper strategy is to purchase plenty of coverage at a price you can afford while not skimping on critical coverages.

Discount 2007 Chevy Silverado 1500 Classic insurance is attainable both online and also from your neighborhood agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some insurance coverage companies may not provide the ability to get a quote online and usually these small insurance companies provide coverage only through local independent agents.

More detailed insurance coverage information is available in these articles: