2016 Chevrolet Silverado 2500HD Car Insurance Quotes

Looking for the cheapest car insurance rates for your Chevrolet Silverado 2500HD? Finding the cheapest insurance for your Chevy Silverado 2500HD can be difficult, but you can follow the following methods to save time. There is a right way and a wrong way to find car insurance online and we’ll show you the best way to price shop coverage on a Chevy and find the lowest price.

Finding insurance

Effectively comparing insurance prices is a ton of work if you don’t understand the most efficient way. You can waste a few hours (or days) talking to insurance agencies in your area, or you can stay home and use the web to get rate comparisons in just a few minutes.

Most car insurance companies take part in a program that enables customers to send in one quote, and each participating company then returns a price quote determined by their information. This prevents consumers from doing quotation requests for each company.

To submit your quote information now, click here to open in new window.

One minor caviat to using this type of form is you don’t know exactly which providers to get pricing from. So if you prefer to pick individual companies to compare, we have a listing of low cost insurance companies in your area. Click to view list.

The approach you take is up to you, just try to use the same coverage data on every quote you get. If the quotes have different values for each quote you will not be able to truly determine the lowest rate.

Auto insurance ads bend the truth

Consumers get pounded daily by advertisements that claim the cheapest car insurance rates from the likes of 21st Century, Allstate and State Farm. They all make the point that you can save after switching to them.

But how can every company claim to save you money?

Most companies have a certain “appetite” for the type of customer that will be a good risk. For example, a preferred risk may need to be between the ages of 30 and 45, is a homeowner, and insures a new vehicle. Anybody who matches those parameters will qualify for the lowest car insurance rates and as a result will probably save quite a bit of money when switching.

Potential insureds who do not meet the “perfect” profile will be quoted a more expensive rate and ends up with the driver buying from a lower-cost company. Company advertisements say “people that switch” but not “all drivers who get quotes” can save as much as they claim. That’s the way insurance companies can confidently advertise the way they do. Because every company is different, you really should compare rate quotes every year. Because you cannot predict which insurance companies will provide the lowest rates.

Why informed consumers pay less for Chevy Silverado 2500HD insurance

Part of the auto insurance buying process is learning some of the factors that help determine auto insurance rates. When you understand what positively or negatively impacts your premiums, this helps enable you to make changes that can help you get big savings. Lots of things are used in the calculation when you quote your car insurance policy. Some are obvious such as your driving history, but other criteria are less obvious such as whether you are married or how financially stable you are.

The itemized list below are some of the most common factors used by your company to calculate prices.

  • High deductibles save money – Coverage for physical damage, termed comprehensive and collision coverage on your policy, helps pay for damage to your vehicle. Some instances where coverage would apply are colliding with a building, hail damage, or theft. Physical damage deductibles define the amount you are willing to pay if a covered claim is submitted. The more you’re willing to pay, the less your company will charge you for insurance on SilveradoHD insurance.
  • Do you qualify for a multi-policy discount? – Most auto insurance companies apply better rates to customers that buy multiple policies, otherwise known as a multi-policy discount. If you currently are using one company, it’s still a good idea to compare other insurance prices to make sure you are getting the best deal. Consumers may find a better deal by buying auto insurance from a different company.
  • Tickets drive up rates – How you drive can have a huge impact on auto insurance premiums. Having just one ticket could increase your next policy renewal by as much as twenty percent. Drivers with clean records tend to pay less for car insurance as compared to those with violations. Drivers with serious citations like reckless driving or DUI may be required to maintain a SR-22 with their state motor vehicle department in order to prevent their license from being revoked.
  • Teenagers are high risk – Mature drivers are viewed as being more responsible, file fewer claims , and are generally more financially stable.Teen drivers tend to be inattentive in a vehicle so auto insurance rates are higher.

Cheap car insurance rates with discounts

Properly insuring your vehicles can get expensive, but you may qualify for discounts that many people don’t even know exist. Certain discounts will be triggered automatically when you get a quote, but some discounts are required to be manually applied before being credited. If you’re not getting every credit available, you could be getting lower rates.

  • Senior Citizens – If you’re over the age of 55, you can possibly qualify for a small decrease in premiums on SilveradoHD insurance.
  • Buy New and Save – Buying a new car model can be considerably cheaper since newer models have better safety ratings.
  • Auto/Life Discount – Larger car insurance companies have a small discount if you purchase life insurance.
  • Driver’s Ed – Have your child sucessfully take a drivers education course in school or through a local driver safety program.
  • Resident Student – Children who are enrolled in a college that is more than 100 miles from home and do not take a car to college may be insured at a cheaper rate.
  • Seat Belt Discounts – Drivers who require all vehicle occupants to use their safety belts may be able to save a few bucks off the personal injury premium cost.
  • Paperless Signup – Some insurance companies will provide an incentive simply for signing on your computer.
  • Defensive Driver – Taking a driver safety course could earn you a small percentage discount and easily recoup the cost of the course.
  • Home Ownership Discount – Being a homeowner may earn you a small savings because maintaining a house requires personal responsibility.

It’s important to understand that some credits don’t apply to the entire policy premium. Most only cut individual premiums such as comprehensive or collision. So even though it sounds like you can get free auto insurance, you’re out of luck.

Larger car insurance companies and a selection of discounts are:

  • State Farm may offer discounts for multiple policy, good student, safe vehicle, Steer Clear safe driver discount, and anti-theft.
  • Liberty Mutual offers premium reductions for preferred payment discount, new vehicle discount, newly retired, newly married, and good student.
  • American Family has savings for multi-vehicle, bundled insurance, TimeAway discount, accident-free, mySafetyValet, and defensive driver.
  • Progressive policyholders can earn discounts including online quote discount, multi-vehicle, good student, homeowner, and online signing.
  • Farmers Insurance offers discounts including youthful driver, multi-car, alternative fuel, bundle discounts, teen driver, mature driver, and electronic funds transfer.
  • Auto-Owners Insurance may have discounts that include multi-policy, group or association, company car, safe vehicle, mature driver, and anti-theft.
  • SAFECO may include discounts for teen safe driver, anti-lock brakes, safe driver, bundle discounts, drive less, multi-car, and homeowner.

When quoting, ask every prospective company which credits you are entitled to. Some discounts listed above might not apply in your area. For a list of car insurance companies that offer multiple discounts, click here to view.

Tailor your insurance coverage to you

When it comes to buying the right insurance coverage, there isn’t really a “best” method to buy coverage. Everyone’s situation is a little different.

Here are some questions about coverages that may help you determine if your situation would benefit from an agent’s advice.

  • Should I have combined single limit or split liability limits?
  • Does my medical payments coverage pay my health insurance deductible?
  • Will my insurance pay for OEM parts?
  • Is my camper covered by my car insurance policy?
  • Should I get collision insurance on every vehicle?
  • Will my rates increase for filing one claim?
  • When would I need rental car insurance?
  • Are my tools covered if they get stolen from my vehicle?
  • Should I buy only the required minimum liability coverage?

If you can’t answer these questions then you might want to talk to a licensed agent. To find lower rates from a local agent, take a second and complete this form. It only takes a few minutes and can provide invaluable advice.

Insurance coverage options for a 2016 Chevy Silverado 2500HD

Knowing the specifics of insurance aids in choosing appropriate coverage for your vehicles. Insurance terms can be confusing and even agents have difficulty translating policy wording.

Liability coverages – Liability insurance will cover damages or injuries you inflict on a person or their property by causing an accident. It protects YOU from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

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. As an example, you may have liability limits of 100/300/100 that translate to a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.

Liability can pay for claims like attorney fees, repair costs for stationary objects, loss of income and emergency aid. How much liability coverage do you need? That is a personal decision, but you should buy as much as you can afford.

Comprehensive auto coverage – This coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as fire damage, theft and vandalism. The most a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses like ambulance fees, EMT expenses, pain medications, nursing services and chiropractic care. They can be used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP is only offered in select states and may carry a deductible

Collision – This coverage pays to fix your vehicle from damage resulting from a collision with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like scraping a guard rail, hitting a parking meter, colliding with a tree and backing into a parked car. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. You can also choose a higher deductible to get cheaper collision coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This gives you protection 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 2500HD.

Due to the fact that 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.

Never pay more for less

The cheapest 2016 Chevy Silverado 2500HD insurance can be found online in addition to many insurance agents, and you should be comparing both to have the best rate selection. Some insurance providers do not provide online quoting and usually these small, regional companies provide coverage only through independent agents.

When shopping online for auto insurance, it’s a bad idea to reduce coverage to reduce premium. There are many occasions where someone sacrificed liability limits or collision coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. The ultimate goal is to find the BEST coverage at the lowest possible cost, not the least amount of coverage.

We just covered a lot of tips how to get a better price on 2016 Chevy Silverado 2500HD insurance. The most important thing to understand is the more providers you compare, the better your comparison will be. Drivers may discover the best car insurance rates are with a small mutual company.

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