2001 Chevrolet Silverado 3500 Insurance Quotes – 7 Ways to Save

Trying to find lower car insurance rates for your Chevrolet Silverado 3500? Did you fall for a flashy sales pitch and buy high-priced car insurance? Believe me when I say there are a lot of people just like you who feel imprisoned by their car insurance policy.

Multiple insurance companies compete for your insurance dollar, and because of this it can be hard to compare insurers to find the best price available.

How to Compare Insurance Coverage Quotes

There are a lot of ways to shop for insurance coverage, but there is one way that is more efficient than others. You can waste a lot of time discussing policy coverages with agents in your area, or you could save time and use online quotes to get prices fast.

The majority of car insurance companies are enrolled in a marketplace that allows shoppers to send in one quote, and at least one company can give them a price for coverage. This eliminates the need for quote requests to every company. To access this free quoting program, click to open in new window.

The one disadvantage to getting quotes like this is buyers cannot specifically choose which companies you want to price. So if you want to select specific insurance companies to compare prices, we have assembled a list of low cost insurance coverage companies in your area. Click here to view list.

Whichever way you use, make absolute certain that you use the exact same quote information for every company. If you are comparing different values for each quote it will be next to impossible to make a fair comparison for your Chevy Silverado 3500. Slightly different coverage limits can mean a large discrepancy in price. And when quoting insurance coverage, remember that more quotes will increase your chances of finding the best offered rates.

Discounts on Chevy Silverado 3500 insurance

Companies don’t list every discount in a way that’s easy to find, so we took the time to find both the well known as well as the least known discounts you could be receiving.

  • Low Mileage – Keeping the miles down on your Chevy could be rewarded with discounted rates on garaged vehicles.
  • Good Student – This discount can earn a discount of 20% or more. The good student discount can last up until you turn 25.
  • Pay Upfront and Save – By paying your policy upfront instead of paying each month you can actually save on your bill.
  • Sign Online – A handful of insurance companies give back up to $50 simply for signing online.
  • Safe Driver Discount – Safe drivers can get discounts for up to 45% lower rates for Silverado insurance than drivers with accident claims.
  • Service Members Pay Less – Having a family member in the military could mean lower rates.
  • Resident Student – Any of your kids who attend school more than 100 miles from home and do not have access to a covered vehicle can be insured at a reduced rate.

Consumers should know that some credits don’t apply to the entire cost. Most only cut specific coverage prices like comprehensive or collision. So when the math indicates adding up those discounts means a free policy, you won’t be that lucky.

Car insurance companies that may offer these benefits include:

Double check with each company which discounts they offer. Discounts might not be offered in your state.

Tailor your coverage to you

When it comes to choosing proper insurance coverage, there isn’t really a one size fits all plan. Your needs are not the same as everyone else’s and your policy should reflect that. For instance, these questions can aid in determining whether your personal situation would benefit from professional advice.

  • Why am I required to buy liability insurance?
  • Do I need motorclub coverage?
  • Am I covered when driving on a suspended license?
  • Why is insurance for a teen driver so high?
  • Where can I get insurance after a DUI in my state?
  • Does liability extend to a camper or trailer?
  • How do I insure my teen driver?
  • Will my rates increase for filing one claim?
  • Does my insurance cover my expensive audio equipment?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area.

Car insurance coverages for a 2001 Chevy Silverado 3500

Learning about specific coverages of insurance helps when choosing the best coverages for your vehicles. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Listed below are the usual coverages available from insurance companies.

Medical expense insurance – Coverage for medical payments and/or PIP reimburse you for expenses such as hospital visits, X-ray expenses and ambulance fees. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. It covers both the driver and occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Collision coverage – This pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like rolling your car, colliding with a tree, sideswiping another vehicle and hitting a parking meter. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. You can also raise the deductible in order to get cheaper collision rates.

Protection from uninsured/underinsured drivers – Your UM/UIM coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Chevy Silverado 3500.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Comprehensive (Other than Collision) – This coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like rock chips in glass, hail damage and damage from a tornado or hurricane. The highest amount your insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Liability car insurance – Liability coverage provides protection from damages or injuries you inflict on a person or their property that is your fault. It protects you against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability coverage pays for things such as pain and suffering, emergency aid, repair costs for stationary objects and funeral expenses. The amount of liability coverage you purchase is up to you, but you should buy as high a limit as you can afford.

Affordable insurance is out there

We’ve covered many tips how you can shop for 2001 Chevy Silverado 3500 insurance online. The most important thing to understand is the more quotes you get, the higher your chance of finding lower rates. Consumers could even find that the best prices are with the least-expected company. Some small companies may cover specific market segments cheaper than their larger competitors like Allstate or State Farm.

Discount insurance can be found on the web as well as from independent agents, so you should compare both to have the best selection. Some insurance companies don’t offer online price quotes and most of the time these regional insurance providers sell through independent agents.

When shopping online for insurance coverage, do not skimp on coverage in order to save money. There have been many situations where an accident victim reduced uninsured motorist or liability limits to discover at claim time that it was a big mistake. Your aim should be to find the BEST coverage for the lowest price while still protecting your assets.

Additional detailed information can be found at these sites: