2013 Chevrolet Silverado 1500 Insurance Rates

I can’t think of a single person who cherishes buying auto insurance, in particular when they are paying too much.

Popular companies such as Allstate, Liberty Mutual and State Farm promote their brand names with ads and it is challenging if not impossible to not get sucked in by the cute commercials and take the time to shop coverage around.

It’s important to get comparison quotes at least once a year because prices change regularly. Just because you found the best deal on Silverado insurance a few years ago you may be paying too much now. So just block out anything you think you know about auto insurance because you’re about to learn the tricks you need to know to save money, get proper coverage and the best rates.

If you are paying for car insurance now, you should be able to lower your premiums substantially using these tips. Finding the best rates is not rocket science. Nevertheless, consumers can benefit from knowing how big insurance companies market on the web and apply this information to your search.

Discounts are great for lower rates

Insuring your vehicles can cost a lot, but you can get discounts that you may not even be aware of. Certain discounts will be applied when you complete an application, but a few must be requested specifically prior to getting the savings.

Defensive Driver – Successfully completing a course in driver safety could cut 5% off your bill if you qualify.
Military Rewards – Having a family member in the military could mean lower rates.
Air Bag Discount – Vehicles with factory air bags can get savings of more than 20%.
Homeowners Pay Less – Being a homeowner can help you save on auto insurance because owning a home shows financial diligence.
Claim Free – Claim-free drivers pay less as compared to frequent claim filers.
Good Student – Performing well in school can get you a discount of up to 25%. The discount lasts well after school through age 25.
Auto/Life Discount – Companies who offer life insurance give a discount if you purchase life insurance.
Seat Belt Usage – Buckling up and requiring all passengers to use their safety belts can save 10% or more off your medical payments premium.

As a disclaimer on discounts, most discounts do not apply to all coverage premiums. Most only reduce the cost of specific coverages such as collision or personal injury protection. Just because it seems like having all the discounts means you get insurance for free, it doesn’t quite work that way. Any amount of discount will cut the amount you have to pay.

To see a list of companies offering auto insurance discounts, follow this link.

The easiest way to compare car insurance company rates is to know the fact auto insurance companies pay for the opportunity to give you rate quotes. All you need to do is spend a couple of minutes providing details like if the car is leased, whether or not you need a SR-22, any included safety features, and your job. Those rating factors is instantly submitted to insurance companies and they return cost estimate instantly to find the best rate.

To start a rate quote now, click here and complete the form.

You may need specialized coverage

When buying coverage, there isn’t really a cookie cutter policy. Every insured’s situation is different so this has to be addressed. For instance, these questions could help you determine whether your personal situation might need professional guidance.

Am I getting all the discounts available?
Is my trailer covered?
Is a blown tire covered by insurance?
What exactly is covered by my policy?
Can I rent a car in Mexico?
What companies insure drivers after a DUI or DWI?
Why do I only qualify for high-risk insurance?

If you’re not sure about those questions but one or more may apply to you, 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

Auto insurance ads bend the truth

Auto insurance providers like Allstate, GEICO and Progressive regularly use ads on television and other media. They all make an identical promise about savings if you move your policy. But how can every company make the same claim? It’s all in the numbers.

Different companies can use profiling for the type of driver that is profitable for them. A good example of a preferred risk might be profiled as between 25 and 40, has no driving citations, and has excellent credit. Any new insured that hits that “sweet spot” receives the best rates and therefore will cut their rates substantially.

Drivers who don’t qualify for these standards will have to pay higher prices and ends up with the driver buying from a lower-cost company. Company advertisements say “people who switch” not “people who quote” save that much. That’s the way insurance companies can confidently make those claims.

Because of the profiling, you need to compare as many rates as you can. It is impossible to predict which insurance companies will fit your personal profile best.

The coverage is in the details

Understanding the coverages of your car insurance policy helps when choosing the right coverages at the best deductibles and correct limits. Policy terminology can be difficult to understand and coverage can change by endorsement. These are the normal coverages found on most car insurance policies.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance reimburse you for expenses like surgery, X-ray expenses, doctor visits and rehabilitation expenses. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover all vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive coverage

This coverage covers 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 things like falling objects, a broken windshield and vandalism. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible 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. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for things like scraping a guard rail, sideswiping another vehicle, crashing into a building, damaging your car on a curb and backing into a parked car. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Another option is to choose a higher deductible to save money on collision insurance.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your Chevy Silverado 1500.

Since many 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 important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Liability car insurance

This will cover damage that occurs to people or other property. This insurance protects YOU from claims by 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. Your policy might show 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. Another option is one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for things like pain and suffering, bail bonds, medical expenses and loss of income. How much coverage you buy is up to you, but you should buy as much as you can afford.

One last thing

As you shop your coverage around, make sure you don’t skimp on coverage in order to save money. There are a lot of situations where an accident victim reduced liability limits or collision coverage to discover at claim time that it was a big mistake. Your goal should be to get the best coverage possible at a price you can afford while still protecting your assets.

Affordable 2013 Chevy Silverado 1500 insurance can be purchased from both online companies and with local insurance agents, so you should compare both to get a complete price analysis. Some auto insurance companies do not offer you the ability to get quotes online and these small insurance companies work with independent agents.

2013 Chevrolet Silverado 1500 Insurance Rates – 8 Tricks for Best Quotes