Want lower insurance rates for your Chevrolet Silverado 1500? Are you confused by the dozens of insurance companies? You’re not the only one! People have so many choices that it can quickly become a big hassle to locate the lowest price.
If you have car insurance now, you stand a good chance to be able to lower your premiums substantially using this strategy. The purpose of this post is to help you learn the most effective way to quote insurance and some tips to save money. But vehicle owners do need to understand the way insurance companies price insurance differently and apply this information to your search.
When shopping for insurance coverage there are multiple ways of comparing rate quotes from local insurance coverage companies. The easiest way to find the cheapest 2014 Chevy Silverado 1500 insurance rates involves getting comparison quotes online. This is very easy and can be done in just a few minutes using one of these methods.
For a handy list of car insurance company links in your area, click here.
It’s up to you which method you use, but be sure to compare apples-to-apples coverages and limits for each comparison quote. If you have unequal deductibles or liability limits you can’t possibly make a fair comparison for your Chevy Silverado 1500. Slightly different coverages may result in large price differences. Just keep in mind that getting more free quotes provides better odds of finding the best rates.
When buying adequate coverage for your vehicles, there really is no one size fits all plan. Each situation is unique.
These are some specific questions might point out whether you could use an agent’s help.
If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, complete this form.
Knowing the specifics of your auto insurance policy helps when choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.
Medical payments and Personal Injury Protection insurance pay for short-term medical expenses for hospital visits, dental work and pain medications. The coverages can be used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage
This coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.
Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family.
This coverage pays for damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against claims such as a broken windshield, theft, falling objects and damage from getting keyed. The most you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
Collision insurance pays for damage to your Silverado 1500 caused by collision with another car or object. You will need to pay your deductible then your collision coverage will kick in.
Collision insurance covers claims such as hitting a parking meter, backing into a parked car and hitting a mailbox. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. You can also bump up the deductible to get cheaper collision coverage.
This will cover damages or injuries you inflict on other people or property by causing an accident. This insurance protects YOU from claims by other people, and doesn’t cover your injuries or vehicle damage.
Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.
Liability coverage protects against things such as medical services, attorney fees and court costs. How much coverage you buy is your choice, but you should buy as high a limit as you can afford.