View 2000 Chevrolet Silverado 1500 Car Insurance Rates

Searching for better insurance rates for your Chevrolet Silverado 1500? Pricey insurance can drain your savings and possibly require postponing other expenditures. Doing a rate analysis can save money and help to cut your insurance bill.

There are many auto insurance companies to choose from, and although it’s a good thing to have multiple companies, more options can take longer to adequately compare rates.

Consumers should take time to shop coverage around once or twice a year because insurance rates are constantly changing. Just because you found the best premium rates for Silverado coverage two years ago the chances are good that you can find a lower price today. Forget all the misinformation about insurance because we’re going to show you the things you must know in order to save on insurance.

Are you qualifying for every discount?

Insuring your vehicles can cost a lot, but there could be available discounts to cut the cost considerably. A few discounts will be applied when you complete an application, but some may not be applied and must be specially asked for in order for you to get them. If you’re not getting every credit you qualify for, you may be paying too high a price.

  • Anti-theft System – Cars, trucks, and SUVs with anti-theft systems help deter theft and therefore earn up to a 10% discount.
  • 55 and Retired – Mature drivers are able to get better auto insurance rates for Silverado coverage.
  • Low Miles Discount – Low mileage vehicles could be rewarded with cheaper auto insurancerates.
  • Lower Rates for Military – Having a family member in the military could be rewarded with lower auto insurance rates.
  • Discounts for New Vehicles – Adding a new car to your policy can save up to 30% because new model year vehicles keep occupants safer.
  • Defensive Driving Course – Passing a class that teaches driver safety techniques can save you 5% or more if you qualify.
  • First Accident Forgiveness – This isn’t a discount exactly, but certain companies will allow you to have one accident without raising rates as long as you don’t have any claims prior to the accident.
  • Full Payment Discount – By paying your entire bill at once instead of paying each month you may reduce your total bill.
  • Safety Restraint Discount – Buckling up and requiring all passengers to use their safety belts can save up to 10 percent (depending on the company) on medical payment and PIP coverage.

Remember that most credits do not apply to the entire policy premium. Most only cut the cost of specific coverages such as liability and collision coverage. Just because it seems like you would end up receiving a 100% discount, that’s just not realistic.

To view companies with the best auto insurance discounts, click here to view.

Cheapest car insurance quotes

Many insurance companies such as State Farm, Geico and Progressive allow consumers to get coverage price quotes on the web. Doing online quotes is fairly simple as you just enter into the form. When complete, the system obtains information on your driving record and credit history and returns a price based on many factors. Online quotes streamlines rate comparisons, but the time it takes to visit a lot of sites and type in your information can be a bit tiresome and repetitive. But it’s also necessary to perform this step in order to get the best price on car insurance.

There is an easier way to compare rates

The easiest way to lower your rates is to use a quote form that analyzes rates from a lot of companies. This type of form saves time, reduces the work, and makes online price comparison much more enjoyable and efficient. After your information is entered, it is quoted and you can choose any of the quotes returned. If you find a better price you simply finish the application and purchase coverage. The entire process takes just a few minutes to complete and may save quite a bit of money.

To quickly find out how much you’re overpaying now, click here to open in new window and enter your information. To compare your current rates, we recommend you type in exactly as shown on your declarations page. Doing this assures you will have a rate comparison based on identical coverages.

When in doubt talk to an agent

When buying the right insurance coverage, there isn’t really a cookie cutter policy. Everyone’s situation is a little different so this has to be addressed. Here are some questions about coverages that can aid in determining whether or not you will benefit from professional help.

  • What can I do if my company won’t pay a claim?
  • If I drive on a suspended license am I covered?
  • Who is covered when they drive my 2000 Chevy Silverado 1500?
  • Am I covered if hit by an uninsured driver?
  • Do I need replacement cost coverage on my 2000 Chevy Silverado 1500?
  • Do I need to file an SR-22 for a DUI in my state?
  • Do I have coverage for damage caused while driving under the influence?
  • What vehicles should carry emergency assistance coverage?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier

Coverage specifics

Having a good grasp of your insurance policy aids in choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Shown next are the normal coverages available from insurance companies.

UM/UIM Coverage

This protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and also any damage incurred to your Chevy Silverado 1500.

Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Liability coverage

Liability coverage provides protection from damage or injury you incur to a person or their property in an accident. It protects you against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three 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 100/300/100 that means you have a $100,000 limit per person for injuries, $300,000 for the entire accident, and property damage coverage for $100,000.

Liability insurance covers claims such as attorney fees, court costs, legal defense fees, pain and suffering and medical expenses. How much liability coverage do you need? That is a personal decision, but you should buy higher limits if possible.

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like rock chips in glass, a tree branch falling on your vehicle and fire damage. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Collision coverage protection

This coverage covers damage to your Silverado 1500 resulting from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as hitting a parking meter, backing into a parked car and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to increase the deductible to bring the cost down.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses such as funeral costs, hospital visits, chiropractic care and pain medications. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. Coverage applies to both the driver and occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Smart consumers save more

Low-cost 2000 Chevy Silverado 1500 insurance is definitely available on the web and also from your neighborhood agents, so you should be comparing quotes from both in order to have the best price selection to choose from. Some insurance providers do not offer internet price quotes and most of the time these small, regional companies prefer to sell through independent agencies.

When searching for inexpensive car insurance quotes, it’s very important that you do not buy less coverage just to save a little money. There have been many cases where consumers will sacrifice liability limits or collision coverage only to regret that their decision to reduce coverage ended up costing them more. The ultimate goal is to buy the best coverage you can find at a price you can afford while still protecting your assets.

More tips and info about car insurance can be found in these articles: