2008 Chevrolet Silverado 3500HD Insurance Cost

Want lower car insurance rates for your Chevrolet Silverado 3500HD? Feel like you’re a prisoner to overpriced car insurance? Trust us, there are many consumers feeling the pinch from expensive car insurance.

You have multiple insurers to insure vehicles with, and although it’s nice to be able to choose, lots of choices makes it harder to adequately compare rates.

Chevy Silverado 3500HD insurance rates consist of many parts

It’s important that you understand the different types of things that come into play when calculating the price you pay for insurance coverage. Knowing what influences your rates allows you to make educated decisions that could result in better insurance coverage rates.

  • High deductibles save money – The deductibles define the amount you are willing to pay before your insurance coverage pays a claim. Coverage for physical damage, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. Examples of covered claims are running into the backend of another car, collision with an animal, and rolling your vehicle. The higher the amount you’re willing to pay, the less your company will charge you for insurance for SilveradoHD insurance.
  • Pay less if you’re married – Getting married can actually save you money on insurance coverage. It usually means you are more mature and responsible and it’s proven that married couples file fewer claims.
  • Don’t buy coverages you don’t need – There are many add-on coverages that can waste your money when buying insurance coverage. Coverages for roadside assistance, accident forgiveness and membership fees may be costing you every month. These may sound like a good investment when you first buy your policy, but your needs may have changed so eliminate them to save money.
  • Men fork out a little more – Statistics show that men are more aggressive behind the wheel. Now that doesn’t mean men are WORSE drivers than women. Men and women have accidents at a similar rate, but the men tend to have more serious accidents. Men also statistically receive more costly citations such as DWI and reckless driving.
  • Car features impact rates – Choosing a vehicle with an alarm system can help lower your rates. Anti-theft devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart your vehicle from being stolen.

Car Insurance Quote Comparison

Most major insurance companies allow you to get prices on the web. Getting quotes is quite simple as you simply enter the coverage amounts you desire as requested by the quote form. When complete, their system obtains reports for credit and driving violations and returns a price quote determined by many factors. Quoting online simplifies rate comparisons, but the work required to visit multiple sites and enter the same data into a form can get tiresome after awhile. Unfortunately, it is important to have as many quotes as possible in order to get better car insurance pricing.

There is a better way to compare rates

A quicker way to find better car insurance pricing requires only one form to obtain quotes from a lot of companies. This type of form saves time, reduces the work, and makes online shopping much more enjoyable and efficient. After sending the form, your coverage is rated with multiple companies and you can pick any one of the quotes that you receive.

If the quotes result in lower rates, you simply finish the application and buy the new coverage. It can be completed in a matter of minutes and can result in significant savings.

To compare rates now, click here to open in new window and fill out the form. To compare your current rates, we recommend you duplicate your coverages just like they are on your policy. This guarantees you will receive an apples-to-apples comparison based on similar coverages.

Is there truth in advertising?

State Farm, Allstate and Geico consistently run ads in print and on television. All the companies have a common claim that you’ll save big if you change your coverage to them. How do they all make almost identical claims? It’s all in the numbers.

Different companies can use profiling for the right customer they prefer to insure. A good example of a preferred risk might be over the age of 50, a clean driving record, and drives less than 10,000 miles a year. A propective insured that hits that “sweet spot” will get very good rates and is almost guaranteed to save when they switch companies.

Potential customers who fall outside these standards must pay more money and ends up with the driver buying from a lower-cost company. The ad wording is “customers that switch” not “people who quote” save money. This is how insurance companies can advertise the way they do.

This illustrates why it is so important to quote coverage with many companies. You cannot predict which company will give you the biggest savings on Chevy Silverado 3500HD insurance.

Lots of discounts mean lots of savings

Insurance can cost an arm and a leg, but discounts can save money and there are some available that can drop the cost substantially. Certain discounts will be applied when you get a quote, but a few must be asked about before being credited.

  • Good Student – Performing well in school can be rewarded with saving of up to 25%. Earning this discount can benefit you well after school through age 25.
  • Seat Belts Save – Requiring all passengers to use their safety belts can save 10% or more off your PIP or medical payments premium.
  • 55 and Retired – Older drivers may be able to get better insurance rates for SilveradoHD insurance.
  • Payment Method – By paying your policy upfront instead of monthly or quarterly installments you could save up to 5%.
  • Anti-theft System – Vehicles with anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
  • Paperless Signup – Some insurance companies give back up to $50 for buying a policy and signing up on their website.
  • Low Mileage Discounts – Low mileage vehicles can qualify you for discounted rates on garaged vehicles.
  • Federal Employees – Being employed by or retired from a federal job can save as much as 8% for SilveradoHD insurance depending on your company.

Drivers should understand that most discount credits are not given to the entire policy premium. Most only cut specific coverage prices like comprehensive or collision. So even though they make it sound like it’s possible to get free car insurance, it doesn’t quite work that way. But any discount will bring down your premiums.

Companies that possibly offer these discounts include:

Check with each company which discounts you may be entitled to. All car insurance discounts may not be available everywhere.

Situations that might require an agent

When buying proper insurance coverage for your personal vehicles, there really is no perfect coverage plan. Each situation is unique and your policy should reflect that. For example, these questions can aid in determining if you may require specific advice.

  • How do I buy GAP insurance?
  • Am I covered when delivering products for my home-based business?
  • Do I need rental car coverage?
  • Do I pay less if my vehicle is kept in my garage?
  • Does my car insurance cover rental cars?
  • Can I rent a car in Mexico?
  • Am I missing any policy discounts?
  • What is medical payments coverage?

If you don’t know the answers to these questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Educate yourself about car insurance coverages

Knowing the specifics of your policy can help you determine which coverages you need and proper limits and deductibles. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverages found on the average car insurance policy.

Auto liability – Liability coverage will cover damage or injury you incur to other people or property in an accident. This insurance protects YOU from claims by other people, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Another option is one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims like repair costs for stationary objects, repair bills for other people’s vehicles, attorney fees, court costs and legal defense fees. How much coverage you buy is a personal decision, but consider buying as high a limit as you can afford.

Uninsured or underinsured coverage – Your UM/UIM coverage gives you protection when other motorists either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Chevy Silverado 3500HD.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Most of the time these coverages do not exceed the liability coverage limits.

Comprehensive protection – This covers damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers things such as damage from getting keyed, vandalism, fire damage and a tree branch falling on your vehicle. The maximum payout a car insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses like chiropractic care, hospital visits, pain medications and X-ray expenses. They are often used in conjunction with a health insurance plan or if you lack health insurance entirely. They cover all vehicle occupants in addition to being hit by a car walking across the street. PIP is not an option in every state and gives slightly broader coverage than med pay

Collision coverages – This pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as hitting a parking meter, hitting a mailbox, backing into a parked car and sustaining damage from a pot hole. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Another option is to bump up the deductible to save money on collision insurance.

Save your cold hard cash

When trying to cut insurance costs, make sure you don’t reduce coverage to reduce premium. There are many occasions where an insured cut collision coverage to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to purchase a proper amount of coverage at a price you can afford while still protecting your assets.

You just read many tips how you can reduce 2008 Chevy Silverado 3500HD insurance prices online. It’s most important to understand that the more providers you compare, the better your chances of lowering your rates. You may be surprised to find that the lowest premiums are with a lesser-known regional company. Regional companies may often insure only within specific states and give getter rates as compared to the big name companies such as State Farm, Geico and Nationwide.

For more information, feel free to browse the articles below: