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Chevrolet Silverado 1500 Insurance Rates

Drivers have lots of options when attempting to insure your Chevrolet vehicle. You can either contact your neighborhood insurance agent or shop online to check prices from multiple insurance companies. Comparing car insurance on the web is easy, plus you will probably save money.

Beginners to buying insurance may think shopping for cheap Silverado 1500 insurance is not very easy. To find the best car insurance prices, there are several ways of comparing rates and find the best price. The fastest way to find competitive Silverado 1500 insurance quotes involves getting comparison quotes online. This can be done by completing this short form.

Rates are determined by the following

Insurance rates for a Chevrolet Silverado 1500 can be significantly different based upon several criteria. Including but not limited to:

  • The performance level of your Silverado 1500
  • How many accidents you have had
  • Home and auto can earn discounts
  • Use of your vehicle
  • Your birth date
  • Having a spouse can save money
  • Add-on coverages such as rental reimbursement
  • Your profession
  • Insurance coverage level
  • Home ownership saves money

One last important factor that can impact the rate you pay on your Chevrolet is the year of manufacture. Used vehicles have a lower value so repair costs tend to be lower which will push premiums down. Although newer vehicles may have options included like automatic crash notification, anti-lock brakes, and a backup camera that may help give discounted rates.

To get a better understanding how much rates will be for your vehicle, select the year of your Silverado 1500 from the list below.

Liability car insurance

Liability insurance can cover damage or injury you incur to other people or property. Liability coverage protects against claims like pain and suffering, repair costs for stationary objects, and legal defense fees. Liability insurance is relatively cheap so purchase as large an amount as possible.

Auto collision coverage

This coverage covers damage to your Chevrolet caused by collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder. Silverado 1500 collision insurance is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. It's also possible to choose a higher deductible in order to get cheaper Silverado 1500 insurance rates.

Comprehensive car insurance

Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage. The highest amount your car insurance company will pay is the actual cash value, so if the vehicle's value is low it's probably time to drop comprehensive insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.

Coverage for medical expenses

Coverage for medical payments and/or PIP provide coverage for immediate expenses for things like EMT expenses, pain medications, and nursing services. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage.

How Much are Chevrolet Silverado 1500 Insurance Rates?