How Much Does 2010 Chevrolet Silverado 2500HD Insurance Cost?

Scraping up a payment for overpriced Chevrolet Silverado 2500HD insurance can take a big chunk out of your savings account and force you to prioritize other expenses. Comparison shopping is a great way to slash your bill and have more diposable income. There are many car insurance companies to choose from, and although it’s a good thing to be able to choose, it makes it harder to compare company pricing.

It’s a good habit to shop coverage around on a regular basis because rates change quite often. If you had the best rates for SilveradoHD insurance a few years ago the chances are good that you can find a lower rate today. Ignore everything you know about auto insurance because you’re about to find out how to use online quotes to properly buy coverages while reducing your premium.

The quickest method to get policy rate comparisons is to know the fact most insurance companies pay for the opportunity to give you rate quotes. The only thing you need to do is give them some information such as the type of vehicles you drive, marital status, what you do for a living, and whether the vehicles are used for commuting. Your details gets sent immediately to multiple insurance providers and you will receive price estimates within a short period of time.

Companies offer discounts so take them!

Properly insuring your vehicles can get expensive, but there could be available discounts that you may not know about. Certain discounts will be triggered automatically when you purchase, but some must be specifically requested before you will receive the discount. If you’re not getting every credit possible, you are paying more than you should be.

  • Anti-theft Discount – Cars that have factory anti-theft systems help deter theft and therefore earn up to a 10% discount.
  • Drivers Ed for Students – Have your child complete a driver education course if it’s offered in school.
  • Paperwork-free – Some insurance companies will discount your bill up to fifty bucks just for signing your application over the internet.
  • Defensive Driver – Taking part in a course teaching defensive driving skills could save 5% or more if your company offers it.
  • Distant Student – Children who are attending college and do not have access to a covered vehicle may qualify for this discount.
  • Pay Upfront and Save – If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save up to 5%.
  • Claim Free – Good drivers with no accidents pay less when compared to frequent claim filers.
  • Drive Safe and Save – Drivers who avoid accidents may save up to 50% more for SilveradoHD insurance than drivers with accident claims.

As a disclaimer on discounts, most discount credits are not given to your bottom line cost. Most only cut the price of certain insurance coverages like comprehensive or collision. So when it seems like you would end up receiving a 100% discount, companies don’t profit that way. But all discounts will bring down your overall premium however.

To see a list of insurers with the best insurance coverage discounts, click here to view.

Do I just need basic coverages?

When it comes to choosing proper insurance coverage for your vehicles, there really is not a single plan that fits everyone. Every situation is different so your insurance needs to address that. These are some specific questions could help you determine if your insurance needs would benefit from an agent’s advice.

  • Does having multiple vehicles earn me a discount?
  • Does my policy cover me when driving someone else’s vehicle?
  • Can my babysitter drive my car?
  • Do I need added coverage for expensive stereo equipment?
  • Is a fancy paint job covered?
  • Should I buy more coverage than the required minimum liability coverage?
  • Is motorclub coverage worth it?
  • Is my 2010 Chevy Silverado 2500HD covered for flood damage?
  • Do I need roadside assistance coverage?
  • How much liability coverage do I need in my state?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area. It is quick, free and can help protect your family.

Factors that can influence Chevy Silverado 2500HD insurance rates

It’s important that you understand the rating factors that go into determining the price you pay for car insurance. Knowing what influences your rates allows you to make educated decisions that may reward you with much lower annual insurance costs.

  • Traffic citations inflate rates – Whether or not you get tickets has a big impact on rates. Careful drivers tend to pay less for car insurance than bad drivers. Just one ticket can boost insurance rates by twenty percent. Drivers with serious tickets such as reckless driving, hit and run or driving under the influence are required to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to continue driving.
  • Drive less and save money – The more miles you rack up on your Chevy in a year the higher your rate. Almost all companies rate vehicles based upon how you use the vehicle. Cars and trucks that are left in the garage get more affordable rates than those used for commuting. Verify your car insurance policy is rated on how each vehicle is driven. If your policy improperly rates your Silverado 2500HD may be costing you.
  • High deductibles save money – Physical damage insurance, otherwise known as comp (or other than collision) and collision, is used to repair damage to your Chevy. A few examples of covered claims are running into the backend of another car, vandalism, and rolling your vehicle. Your deductibles are how much you are required to spend before a claim is paid by your company. The more money you have to pay, the less your car insurance will be for SilveradoHD insurance.
  • Your car’s features help determine rates – Purchasing a vehicle with anti-theft technology or alarm system can help lower your rates. Anti-theft features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping your vehicle from being stolen.
  • Your location affects your rates – Choosing to live in less populated areas can be a good thing when insuring your vehicles. Urban drivers tend to have much more traffic and longer commute times. Fewer people translates into fewer accidents as well as less vandalism and auto theft.
  • Occupation reflects on rates – Did you know that where you work can have an impact on rates? Occupations like real estate brokers, architects and dentists are shown to have the highest average rates in part from job stress and long work hours. Other jobs such as pilots, historians and performers pay the least for SilveradoHD insurance.

Insurance policy specifics

Having a good grasp of insurance can help you determine which coverages you need and proper limits and deductibles. Policy terminology can be confusing and reading a policy is terribly boring. Listed below are typical coverage types found on most insurance policies.

Comprehensive insurance

This coverage pays to fix your vehicle from 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 coverage protects against things such as falling objects, damage from a tornado or hurricane and rock chips in glass. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance pay for bills like chiropractic care, hospital visits, pain medications and EMT expenses. They are often used in conjunction with a health insurance plan or if you do not have health coverage. They cover you and your occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Coverage for liability

Liability insurance provides protection from damage or injury you incur to a person or their property. It protects YOU against claims from other people. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see limits of 100/300/100 that means you have a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Some companies may use a combined single limit or CSL that pays claims from the same limit with no separate limits for injury or property damage.

Liability can pay for claims like emergency aid, structural damage, repair bills for other people’s vehicles, attorney fees and medical expenses. How much liability coverage do you need? That is a decision to put some thought into, but buy as large an amount as possible.

Collision protection

Collision insurance will pay to fix damage to your Silverado 2500HD from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as colliding with a tree, hitting a parking meter, driving through your garage door, crashing into a building and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. You can also raise the deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Chevy Silverado 2500HD.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Quote more. Save more.

Low-cost 2010 Chevy Silverado 2500HD insurance is attainable both online in addition to many insurance agents, so compare prices from both so you have a total pricing picture. Some companies do not provide the ability to get a quote online and these small insurance companies work with independent agents.

While you’re price shopping online, you should never skimp on coverage in order to save money. In many instances, an accident victim reduced comprehensive coverage or liability limits only to find out that the savings was not a smart move. The aim is to find the BEST coverage for the lowest price.

Additional insurance coverage information can be read on the following sites: