Lower Your 2007 Chevrolet Silverado 3500HD Car Insurance Quotes

Overpriced Chevrolet Silverado 3500HD insurance can take a big chunk out of your bank account and put a big crunch on your finances. Doing a price comparison is a great way to tighten up your finances. Having so many insurance companies to choose from, it can be impossible to choose the best insurance company.

Cut your car insurance rates with discounts

Car insurance companies don’t always publicize all their discounts in an easy-to-find place, so here is a list some of the best known and the more hidden car insurance savings. If they aren’t giving you every credit you deserve, you’re paying more than you need to.

  • New Car Discount – Adding a new car to your policy can be considerably cheaper due to better safety requirements for new cars.
  • Payment Method – By paying your policy upfront instead of monthly or quarterly installments you could save up to 5%.
  • More Vehicles More Savings – Insuring multiple cars or trucks on one policy qualifies for this discount.
  • Defensive Driver – Successfully completing a course in driver safety could cut 5% off your bill if you qualify.
  • Safe Driver Discount – Drivers who don’t get into accidents may save up to 50% more on SilveradoHD coverage than less cautious drivers.

It’s important to note that most credits do not apply the the whole policy. Some only reduce the cost of specific coverages such as liability, collision or medical payments. Even though it may seem like all those discounts means the company will pay you, you’re out of luck.

Companies who might offer these benefits include:

Double check with all companies you are considering what discounts are available to you. Discounts may not apply in your state.

You are unique and your auto insurance should be too

When it comes to choosing the best auto insurance coverage for your personal vehicles, there really is not a “best” method to buy coverage. Everyone’s needs are different and a cookie cutter policy won’t apply. For example, these questions can help discover whether your personal situation may require specific advice.

  • Will I be non-renewed for getting a DUI or other conviction?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Do I need rental car coverage?
  • If my 2007 Chevy Silverado 3500HD is totaled, can I afford another vehicle?
  • How much liability do I need to cover my assets?
  • What is UM/UIM insurance?
  • Am I missing any policy discounts?
  • Do I need replacement cost coverage?

If it’s difficult to answer those questions but you know they apply to you then you might want to talk to an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of auto insurance companies in your area. It is quick, free and may give you better protection.

Insurance coverage considerations

Understanding the coverages of your policy aids in choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be confusing and nobody wants to actually read their policy. These are the normal coverages offered by insurance companies.

Comprehensive auto coverage

Comprehensive insurance pays for 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 insurance covers things such as vandalism, falling objects, hitting a deer, theft and damage from a tornado or hurricane. The maximum payout a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision coverage

Collision coverage pays for damage to your Silverado 3500HD from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision insurance covers things like colliding with another moving vehicle, scraping a guard rail, crashing into a building, colliding with a tree and sustaining damage from a pot hole. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. You can also increase the deductible to get cheaper collision coverage.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses such as X-ray expenses, hospital visits, dental work, chiropractic care and rehabilitation expenses. The coverages can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers you and your occupants in addition to being hit by a car walking across the street. PIP is not an option in every state but can be used in place of medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family.

Liability coverages

This can cover damages or injuries you inflict on other’s property or people that is your fault. This coverage protects you against other people’s claims, 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 liability limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property.

Liability insurance covers things such as funeral expenses, pain and suffering, emergency aid, court costs and loss of income. How much liability should you purchase? That is up to you, but you should buy as high a limit as you can afford.

Final considerations

As you shop your coverage around, never sacrifice coverage to reduce premiums. There are too many instances where an insured dropped full coverage only to regret at claim time that the small savings ended up costing them much more. Your strategy should be to get the best coverage possible at the best price while still protecting your assets.

We’ve covered a lot of techniques to shop for 2007 Chevy Silverado 3500HD insurance online. The most important thing to understand is the more times you quote, the higher the chance of saving money. You may even discover the biggest savings come from the least-expected company. Smaller companies may only write in your state and offer lower rates than the large multi-state companies such as State Farm, Geico and Nationwide.

For more information, link through to the resources below: