2008 Chevrolet Silverado 2500HD Insurance Rates – 10 Savings Tips

Looking for the cheapest car insurance rates for your Chevrolet Silverado 2500HD? Price shopping your car insurance could be slightly frustrating for people who are new to online price comparisons. People have so many options available that it can quickly become more work than you anticipated to compare premium rates.

Choosing the best insurance company for you is quite easy. If you have car insurance now, you will most likely be able to lower your premiums substantially using these techniques. Although car owners need to learn the way insurance companies compete online and use this information to your advantage.

First Step: Get free auto insurance quotes

When shopping for cheap auto insurance quotes, there are a couple of ways of comparing rates from many available auto insurance companies in your state. The easiest way to lower the rate you pay for 2008 Chevy Silverado 2500HD insurance consists of obtaining rate quotes online. This can be done in a couple of different ways.

The simplest way to get quotes for comparison is an all-inclusive rate comparison click here to open form in new window. This easy form prevents you from having to do multiple quote forms for each company. One quote request will get you rate comparisons instantly. Just one form and you’re done.

A different way to find better pricing requires a visit to the website for every company you want to comare to complete a price quote. For instance, let’s assume you want to get rates from USAA, State Farm and Allstate. You would be required to take the time to go to each site and repeatedly type in your coverage information, which explains why we recommend starting with the first method.

For a list of links to companies insuring cars in your area, click here.

Take whichever approach you prefer, but make sure you use nearly identical coverage limits and deductibles for every company. If you enter different coverage information you can’t possibly determine the lowest rate for your Chevy Silverado 2500HD. Slightly different coverages may result in large price differences. Keep in mind that having more price comparisons helps locate better pricing.

Cheaper insurance coverage quotes with discounts

Some providers don’t list every available discount in a way that’s easy to find, so the below list has some of the best known and the harder-to-find credits available to you. If you’re not getting every credit you deserve, it’s possible you qualify for a lower rate.

  • Accident Waiver – This isn’t a discount exactly, but companies like Allstate and Progressive will allow you to have one accident before hitting you with a surcharge so long as you haven’t had any claims prior to the accident.
  • College Student – Kids who live away from home at college and don’t have a car can receive lower rates.
  • Telematics Data Discounts – Drivers who elect to allow driving data collection to study driving patterns by using a telematic data system such as State Farm’s In-Drive could see a rate decrease as long as they are good drivers.
  • Safe Drivers – Safe drivers can save up to 40% or more on their auto insurance quote for SilveradoHD coverage as compared to drivers with claims.
  • Defensive Driver Discount – Successfully completing a driver safety class can save you 5% or more depending on where you live.
  • Driver Education Discount – Cut your cost by having your teen driver enroll in driver’s education as it can save substantially.
  • Auto/Life Discount – Select insurance coverage companies reward you with better insurance coveragerates if you take out some life insurance in addition to your auto policy.
  • Good Student – A discount for being a good student may save you up to 25%. The good student discount can last up until you turn 25.
  • Payment Method – If paying your policy premium upfront instead of making monthly payments you can actually save on your bill.
  • Lower Rates for Military – Being deployed with a military unit can result in better rates.

You should keep in mind that some credits don’t apply to the entire policy premium. Some only apply to specific coverage prices like physical damage coverage or medical payments. Just because you may think you could get a free insurance coverage policy, you’re out of luck.

Some of the larger companies that may offer these benefits include:

If you are trying to find cheaper auto insurance quotes, ask each company which discounts can lower your rates. All car insurance discounts may not be offered in your state.

Tailor your insurance coverage to you

When buying the best insurance coverage for your personal vehicles, there isn’t really a perfect coverage plan. Everyone’s situation is a little different.

For example, these questions could help you determine if you might need an agent’s assistance.

  • Does coverage extend to Mexico or Canada?
  • Does my policy cover my teen driver if they drive my company car?
  • Will my insurance pay for OEM parts?
  • When do I need to add a new car to my policy?
  • Why am I required to get a high-risk car insurance policy?
  • Which companies will insure high-risk drivers?
  • Why does it cost so much to insure a teen driver?
  • Am I covered if hit by an uninsured driver?

If it’s difficult to answer those questions, you may need to chat with an agent. If you want to speak to an agent in your area, take a second and complete this form.

Car insurance 101

Learning about specific coverages of car insurance helps when choosing which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy.

Comprehensive coverages

This coverage will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as a tree branch falling on your vehicle, fire damage, damage from getting keyed and hitting a deer. The highest amount your car insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Liability car insurance

This coverage can cover damage that occurs to a person or their property in an accident. It protects you from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.

Liability can pay for things like funeral expenses, structural damage, medical services and bail bonds. The amount of liability coverage you purchase is up to you, but consider buying as large an amount as possible.

Collision protection

This pays for damage to your Silverado 2500HD resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for things such as hitting a parking meter, damaging your car on a curb, rolling your car, sideswiping another vehicle and scraping a guard rail. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to bring the cost down.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses for things like X-ray expenses, ambulance fees, prosthetic devices and hospital visits. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Uninsured and underinsured coverage

Your UM/UIM coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your 2008 Chevy Silverado 2500HD.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.