Save on 2014 Chevrolet Silverado 2500HD Insurance Rates

Want lower auto insurance rates for your Chevrolet Silverado 2500HD? Are you overwhelmed by the wide range of auto insurance options? You’re not alone. People have so many choices that it can quickly become more work than you anticipated to find the best price.

The purpose of this article is to instruct you on how to effectively get price quotes and some tricks to saving. If you currently have a car insurance policy, you should be able to cut costs considerably using these methods. But vehicle owners need to learn how the larger insurance companies compete online and take advantage of how the system works.

Companies offer discounts so take them!

Insuring your vehicles can cost a lot, but there could be available discounts to reduce the price significantly. Larger premium reductions will be automatically applied when you get a quote, but less common discounts must be manually applied in order for you to get them.

  • Senior Discount – If you’re over the age of 55, you may be able to get a small decrease in premiums on SilveradoHD coverage.
  • Safe Driver Discount – Insureds without accidents can pay as much as 50% less on SilveradoHD coverage than drivers with accident claims.
  • Anti-lock Brake Discount – Cars that have steering control and anti-lock brakes are safer to drive and therefore earn up to a 10% discount.
  • Bundle and Save – When you have multiple policies with one company you may earn approximately 10% to 15%.
  • Homeowners Savings – Being a homeowner can help you save on insurance because maintaining a house is proof that your finances are in order.

Consumers should know that some credits don’t apply the the whole policy. A few only apply to individual premiums such as physical damage coverage or medical payments. So even though they make it sound like adding up those discounts means a free policy, it just doesn’t work that way. Any amount of discount will bring down your premiums.

For a list of companies with the best insurance discounts, click here.

How to Compare Insurance Coverage Quotes

All major insurance coverage companies allow you to get coverage prices on their websites. Obtaining pricing is quite easy as you simply enter the coverages you want as detailed in the form. After you submit the form their system sends out for credit information and your driving record and generates pricing information determined by many factors.

This streamlines rate comparisons, but the time required to go to different websites and fill out multiple forms can be a bit tiresome and repetitive. But it’s absolutely necessary to perform this step if you want to find the lowest price.

A less time-consuming method to find cheaper rates requires only one form that obtains quotes from more than one company. It saves time, reduces the work, and makes rate comparisons a lot less work. As soon as the form is sent, it gets priced and you can select any or none of the quotes returned.

If a lower price is quoted, you can simply submit the application and buy the policy. The entire process can be completed in less than 10 minutes and can result in significant savings.

To save time and compare rates now, click here and fill out the form. If you have a policy now, it’s recommended you copy the coverages as close as possible to your current policy. This ensures you’re receiving a fair comparison using the exact same coverages.

Chevy Silverado 2500HD insurance rates can be determined by these details

Smart consumers have a good feel for the rating factors that help determine your car insurance rates. Knowing what determines base rates enables informed choices that can help you get much lower annual insurance costs.

The following are a few of the “ingredients” car insurance companies consider when setting your rates.

  • Credit scores impact car insurance rates – Your credit score is a big factor in determining what you pay for car insurance. People with good credit tend to be more responsible than drivers who have poor credit. If your credit history is low, you could save money insuring your 2014 Chevrolet Silverado 2500HD by repairing your credit.
  • What are your deductibles? – Your deductibles define the amount you are willing to pay out-of-pocket if you file a covered claim. Coverage for physical damage, also known as collision and other-than-collision, protects your car from damage. A few examples of covered claims would be running into the backend of another car, damage from fire, or theft. The higher the amount you have to pay, the lower your rates will be on SilveradoHD coverage.
  • High numbers of claims are not good – Insurance companies award better rates to people who file claims infrequently. If you tend to file frequent claims, you can pretty much guarantee either a policy non-renewal or much higher rates. Auto insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
  • Cautious drivers pay less – Even one speeding ticket can boost insurance rates twenty percent or more. Careful drivers receive lower rates than people who have multiple driving citations. If you have severe violations such as reckless driving, hit and run or driving under the influence may find they need to file a SR-22 with the DMV in their state in order to drive a vehicle legally.
  • Your job and insurance rates – Did you know your job can affect your rates? Occupations such as real estate brokers, architects and accountants tend to have higher rates than average because of high stress and lengthy work days. On the flip side, occupations like actors, athletes and performers receive lower rates on SilveradoHD coverage.
  • Your location affects your rates – Living in a small town can save you money when talking about car insurance. Fewer people translates into fewer accidents. Urban drivers have traffic congestion and longer commutes to work. More time commuting means more change of being in an accident.
  • Your spouse saves you money – Being married can actually save you money when buying car insurance. Having a spouse usually means you are more mature and it’s proven that married couples file fewer claims.

Do I just need basic coverages?

When choosing coverage for your personal vehicles, there is no “best” method to buy coverage. Your needs are not the same as everyone else’s.

For example, these questions could help you determine whether or not you may require specific advice.

  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Does my insurance cover my expensive audio equipment?
  • Do I need an umbrella policy?
  • Am I covered if I hit a deer?
  • What discounts do I qualify for?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Is borrowed equipment or tools covered if stolen or damaged?

If you can’t answer these questions but a few of them apply then you might want to talk to an agent. To find an agent in your area, take a second and complete this form.

Car insurance policy coverages for a 2014 Chevy Silverado 2500HD

Understanding the coverages of a car insurance policy helps when choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and reading a policy is terribly boring.

Uninsured/Underinsured Motorist coverage

This coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Normally your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Collision insurance

This coverage pays for damage to your Silverado 2500HD resulting from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as scraping a guard rail, crashing into a building, hitting a parking meter and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. It’s also possible to raise the deductible to get cheaper collision coverage.

Medical payments coverage and PIP

Med pay and PIP coverage pay for immediate expenses for things like funeral costs, surgery, X-ray expenses and nursing services. They are used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Liability insurance

This provides protection from damages or injuries you inflict on people or other property that is your fault. This insurance protects YOU against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 25/50/25 which means a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Another option is a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage protects against things such as funeral expenses, pain and suffering and repair costs for stationary objects. How much coverage you buy is a personal decision, but you should buy as large an amount as possible.

Comprehensive coverage

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as hitting a deer, damage from a tornado or hurricane and rock chips in glass. The highest amount your car insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Coverage on a shoestring budget

Insureds switch companies for many reasons like delays in responding to claim requests, high rates after DUI convictions, poor customer service and being labeled a high risk driver. Whatever your reason, switching companies can be less work than you think.

Low-cost 2014 Chevy Silverado 2500HD insurance can be found online as well as from independent agents, and you should be comparing both so you have a total pricing picture. Some companies don’t offer you the ability to get quotes online and usually these small insurance companies provide coverage only through local independent agents.

Throughout this article, we presented a lot of information how to reduce insurance prices online. The most important thing to understand is the more times you quote, the better your comparison will be. Consumers could even find that the biggest savings come from some of the smallest insurance companies.

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