Save on 2006 Chevrolet Silverado 3500 Insurance Rates

High-priced insurance can diminish your personal savings and force you to tighten up your finances. Comparing cost estimates is free, only takes a few minutes, and is a good way to make ends meet.

Having so many insurance companies to choose from, it can be hard to pick a more affordable company.

You need to get comparison quotes periodically since insurance prices are constantly changing. Even if you think you had the best price for Silverado coverage last year you may be paying too much now. Block out anything you think you know about insurance because I’m going to teach you the best way to save on insurance.

Pricing affordable protection is not that difficult. If you have a policy now or need a new policy, you can follow these tips to cut your premiums while maintaining coverages. Consumers only need an understanding of how to shop for auto insurance online.

How much is auto insurance?

Getting cheap 2006 Chevy Silverado 3500 auto insurance pricing is a great way to save money. Drivers just need to take a couple of minutes comparing price quotes to find the company with the cheapest auto insurance quotes. Comparing prices online can be done in a couple of different ways.

The recommended way to find low rates would be an industry-wide quote request form click here to open form in new window. This style of form saves time by eliminating separate quote forms for each price estimate. One simple form gets you price quotes direct from many companies.

A different way to find more affordable insurance consists of going to each company’s website and repeat the quote process. For sake of this example, we’ll assume you want to compare Geico, Esurance and Farmers. You would be required to visit each site and enter your information, which can be really labor intensive. For a list of companies in your area, click here.

Whichever method you choose, ensure you’re using equivalent coverages for each quote you get. If you have different limits and deductibles on each one you can’t possibly find the best deal for your Chevy Silverado 3500.

Get cheaper insurance coverage rates with discounts

The cost of insuring your cars can be expensive, but you may find discounts to cut the cost considerably. Some trigger automatically when you get a quote, but once in a while a discount must be requested specifically prior to getting the savings.

  • Paperwork-free – A few larger online companies will discount your bill up to fifty bucks just for signing your application on the web.
  • Discount for Passive Restraints – Cars that have air bags or motorized seat belts could see savings of more than 20%.
  • Theft Deterent – Vehicles that have factory alarm systems and tracking devices are stolen with less frequency and earn discounts up to 10% off your auto insurance quote.
  • Seat Belt Usage – Drivers who require all occupants to buckle up before driving can save a little on the premium charged for medical payments and/or PIP.
  • No Accidents – Claim-free drivers get the best insurance coverage rates as opposed to frequent claim filers.
  • Drivers Ed for Students – Reduce the cost of insurance for teen drivers by having them sucessfully take a drivers education course in high school.
  • Drive Safe and Save – Insureds who avoid accidents may save up to 50% more for Silverado coverage as compared to drivers with claims.

A little note about advertised discounts, most discounts do not apply the the whole policy. Most only reduce the cost of specific coverages such as comp or med pay. So despite the fact that it appears all the discounts add up to a free policy, you’re out of luck. But any discount should help lower the cost of coverage.

To see companies that offer the discounts shown above, click here.

Tailor your auto insurance coverage to you

When it comes to buying coverage for your vehicles, there is no perfect coverage plan. Everyone’s needs are different so this has to be addressed. These are some specific questions could help you determine if your situation might need professional guidance.

  • How do I file an SR-22 for a DUI in my state?
  • Are my friends covered when driving my car?
  • Am I covered when driving someone else’s vehicle?
  • When can I cancel my policy?
  • Should I rate my 2006 Chevy Silverado 3500 as pleasure use or commute?
  • Can my teen driver be rated on a liability-only vehicle?
  • What is the rate difference between pleasure use and commuting?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of auto insurance companies in your area. It is quick, free and may give you better protection.

Auto insurance specifics

Learning about specific coverages of your policy can help you determine which coverages you need and the correct deductibles and limits. Policy terminology can be difficult to understand and reading a policy is terribly boring. These are typical coverages offered by auto insurance companies.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they either have no liability insurance or not enough. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family. Normally these coverages do not exceed the liability coverage limits.

Liability car insurance

This protects you from injuries or damage you cause to people or other property by causing an accident. It protects YOU from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 100/300/100 which stand for a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability insurance covers claims such as structural damage, court costs, funeral expenses, attorney fees and emergency aid. How much liability should you purchase? That is up to you, but buy as high a limit as you can afford.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP pay for short-term medical expenses such as ambulance fees, chiropractic care, pain medications and rehabilitation expenses. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Collision insurance

This coverage covers damage to your Silverado 3500 resulting from a collision with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage protects against things such as backing into a parked car, damaging your car on a curb, scraping a guard rail, hitting a mailbox and hitting a parking meter. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Another option is to choose a higher deductible to save money on collision insurance.

Comprehensive coverage

This coverage pays for damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims like hitting a deer, a tree branch falling on your vehicle, theft, vandalism and hitting a bird. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

A fool and his money are soon parted

You just learned a lot of information how to lower your 2006 Chevy Silverado 3500 insurance auto insurance rates. The key concept to understand is the more quotes you get, the better chance you’ll have of finding cheaper auto insurance. Consumers may even find the best auto insurance rates are with a company that doesn’t do a lot of advertising. Some small companies may often insure only within specific states and give getter rates than the large multi-state companies such as Allstate or State Farm.

Budget-conscious 2006 Chevy Silverado 3500 insurance is available on the web in addition to local insurance agencies, so get free auto insurance quotes from both of them to have the best rate selection. A few companies do not provide rate quotes online and most of the time these regional carriers prefer to sell through independent agents.

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