1999 Chevrolet Silverado 2500 Insurance Cost – 8 Tips for Cheaper Prices

Looking for better insurance rates for your Chevrolet Silverado 2500? Pricey insurance can drain your family’s budget and maybe even restrict other spending. Doing a price comparison can be a smart way to lower your monthly bill.

Because there are so many insurance companies to choose from, it can be diffult for people to find the cheapest insurer.

The quickest method we recommend to get rate comparisons is to understand all the major auto insurance companies participate in a system to provide you with a free rate quote. To begin a comparison, all you need to do is provide details like if it has an anti-theft system, how much education you have, how you use your vehicles, and the make and model of your vehicles. That rating data is instantly provided to insurance carriers in your area and they respond with quotes quickly.

To find lower rates now, click here then complete the form.

Affordable insurance coverage quotes with discounts

Companies offering auto insurance don’t list all their discounts very well, so the list below gives a summary of some of the more common as well as some of the hidden discounts that you can inquire about if you buy car insurance online. If you do not double check each discount you qualify for, you’re paying more than you need to.

  • Discount for Life Insurance – Select insurance carriers reward you with a lower rate if you buy life insurance.
  • Student Discounts – This discount can be rewarded with saving of up to 25%. You can use this discount normally up until you turn 25.
  • Accident Forgiveness – Not really a discount, but a handful of insurance companies will let one accident slide before your rates go up if your claims history is clear before the accident.
  • Military Deployment Discount – Being on active duty in the military may qualify for rate reductions.
  • Driver’s Ed – Cut your cost by having your teen driver take driver’s ed class in school.
  • Seat Belt Usage – Using a seat belt and requiring all passengers to buckle up before driving could cut 10% or more on medical payment and PIP coverage.
  • Defensive Driver Discount – Taking time to complete a defensive driver class is a good idea and can lower rates and also improve your driving technique.
  • Discount for New Cars – Adding a new car to your policy can cost up to 25% less since new model year vehicles are generally safer.

Consumers should know that most of the big mark downs will not be given to your bottom line cost. A few only apply to the price of certain insurance coverages like comp or med pay. So when it seems like you could get a free insurance coverage policy, insurance coverage companies aren’t that generous.

A list of insurance coverage companies and a summarized list of policyholder discounts are outlined below.

  • AAA has discounts for AAA membership discount, good student, pay-in-full, education and occupation, and anti-theft.
  • Progressive discounts include continuous coverage, online signing, multi-vehicle, good student, homeowner, multi-policy, and online quote discount.
  • State Farm offers premium reductions for good driver, accident-free, anti-theft, Steer Clear safe driver discount, student away at school, and multiple policy.
  • Esurance offers discounts for anti-theft, renters, safety device, online shopper, emergency road assistance, good student, and multi-car.
  • Nationwide offers discounts including defensive driving, accident-free, good student, anti-theft, easy pay, and multi-policy.

It’s a good idea to ask each company which discounts you may be entitled to. Depending on the company, some discounts may not be offered in every state. If you would like to choose from a list of insurance coverage companies who offer discounts, click here.

Tailor your car insurance coverage to you

When it comes to choosing the best car insurance coverage for your vehicles, there really is not a one size fits all plan. Every situation is different and your policy should reflect that. These are some specific questions can help discover if your situation may require specific advice.

  • Are my tools covered if they get stolen from my vehicle?
  • Should I buy only the required minimum liability coverage?
  • Will my insurance pay for OEM parts?
  • Does my policy cover my teen driver if they drive my company car?
  • Do I need motorclub coverage?
  • Is my babysitter covered when using my vehicle?
  • Am I covered when delivering products for my home-based business?

If you’re not sure about those questions but a few of them apply, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies. It is quick, free and can help protect your family.

Insurance coverage specifics

Learning about specific coverages of a insurance policy helps when choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are typical coverages available from insurance companies.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Chevy Silverado 2500.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Most of the time these limits are identical to your policy’s liability coverage.

Collision coverage

Collision insurance pays for damage to your Silverado 2500 caused by collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for things like crashing into a ditch, sustaining damage from a pot hole, damaging your car on a curb, rolling your car and hitting a mailbox. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to raise the deductible to save money on collision insurance.

Comprehensive insurance

Comprehensive insurance coverage covers damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for things such as damage from a tornado or hurricane, damage from getting keyed, damage from flooding, falling objects and hitting a deer. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Liability insurance

Liability coverage provides protection from damage or injury you incur to other people or property. This insurance protects YOU against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Some companies may use a combined limit which provides one coverage limit with no separate limits for injury or property damage.

Liability can pay for things such as loss of income, medical services, medical expenses and structural damage. How much coverage you buy is a personal decision, but buy as high a limit as you can afford.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage pay for expenses like prosthetic devices, surgery, chiropractic care, nursing services and rehabilitation expenses. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP is only offered in select states and may carry a deductible

The bottom line

When trying to cut insurance costs, it’s very important that you do not buy lower coverage limits just to save a few bucks. There are too many instances where consumers will sacrifice comprehensive coverage or liability limits only to regret at claim time that the few dollars in savings costed them thousands. The proper strategy is to purchase a proper amount of coverage at the best price but still have enough coverage for asset protection.

We covered many ways to shop for 1999 Chevy Silverado 2500 insurance online. It’s most important to understand that the more rate comparisons you have, the better chance you’ll have of finding cheaper car insurance. Consumers may even find the lowest priced insurance comes from a company that doesn’t do a lot of advertising. Regional companies can often provide lower rates in certain areas than the large multi-state companies such as State Farm or Progressive.

The cheapest 1999 Chevy Silverado 2500 insurance can be purchased on the web as well as from independent agents, and you need to comparison shop both to have the best selection. There are still a few companies who may not offer online quoting and most of the time these regional insurance providers only sell coverage through independent insurance agencies.

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