How Much Does 2018 Chevrolet Silverado 3500HD Car Insurance Cost?

Want lower car insurance rates for your Chevrolet Silverado 3500HD? Trying to find low-cost insurance for a new or used Chevy Silverado 3500HD could be difficult, but you can learn the following methods to save time.

There are both good and bad ways to shop for car insurance and you need to know the proper way to compare rates on a Chevy and locate the cheapest rates either online or from local insurance agents.

If you have a policy now or are looking for a new policy, you can follow these tips to find the best rates while maintaining coverages. Shopping for the best insurance coverage is not that difficult. Drivers only need an understanding of how to compare company rates online.

Affordable car insurance

All major car insurance companies like 21st Century, Allstate and State Farm make it easy to get prices directly from their websites. Doing online quotes doesn’t take a lot of time as all you need to do is type in your personal and coverage information into the quote form. Upon sending the form, their rating system orders your driving record and credit report and quotes a price based on these factors.

Online price quotes makes it simple to compare prices but the work required to visit each company’s website and repetitively type in the same information gets old quite quickly. Unfortunately, it is important to get many rate quotes if you are searching for the lowest car insurance rates.

There is a better way to compare rates

An easier way to compare car insurance pricing makes use of a single form that obtains quotes from a lot of companies. This type of form saves time, requires much less work on your part, and makes online quotes much more efficient. After your information is entered, it is rated with multiple companies and you can pick your choice of the quotes returned.

If you find a better price you can simply submit the application and purchase the new policy. The whole process can be completed in a matter of minutes and you’ll know if lower rates are available.

To quickly use this form to compare rates, simply click here to open in new window and submit the form. To compare your current rates, we recommend you complete the form with the coverage information identical to your current policy. This makes sure you will have a fair comparison using the exact same coverages.

Ads can be misleading

Consumers can’t get away from ads that promise big savings for switching by companies like 21st Century, Allstate and State Farm. All the ads advertise claims about how much you will save if you get a free car insurance quote and switch your insurance coverage to their company.

But how can every company save you money? It’s all in the numbers.

Different companies have a preferred profile for the type of customer that earns them the most money. For example, a profitable customer could possibly be between the ages of 40 and 55, has no driving citations, and drives a lower-performance vehicle. Any driver who fits that profile receive the lowest rate quotes and will most likely pay quite a bit less when switching companies.

People who don’t qualify for the requirements may be forced to pay higher premiums with the end result being the customer buying from someone else. Company advertisements say “drivers who switch” not “everyone that quotes” can save as much as they claim. That’s the way insurance companies can advertise the way they do.

Each company has different criteria, so you need to get car insurance quotes from several different companies. It is impossible to guess which insurance companies will provide the lowest prices.

Insurance premiums are influenced by these factors

Multiple criteria are used in the calculation when you get a price on insurance. A few of the factors are predictable like a motor vehicle report, but other criteria are less obvious such as your credit history and annual miles driven.It’s important that you understand some of the elements that help calculate car insurance rates. If you understand what impacts premium levels, this empowers consumers to make smart changes that could result in lower car insurance prices.

The items below are some of the major factors used by insurance companies to determine your prices.

  • You might get higher rates if you are single – Walking down the aisle may save some money on your car insurance bill. It is viewed as being more stable financially and statistics show married couples file fewer claims.
  • Gender is a factor – Over time, data shows that men are more aggressive behind the wheel. However, don’t assume that women are better drivers. Both genders get in accidents in similar percentages, but guys cause more damage and cost insurance companies more money. They also receive more major tickets like DWI (DUI) or reckless driving.
  • Better premiums on cars with good safety ratings – Vehicles that have high safety ratings can get you lower premiums. Safer cars protect occupants better and reduced instances of injuries means less claims paid and cheaper rates on your policy.
  • Do you really need the extra policy coverages? – There are quite a few extra bells and whistles that sound like a good idea at the time if you aren’t careful. Coverages like personal injury protection, accidental death, and extra equipment coverage may be wasting your money. The coverages may be enticing when buying your policy, but if you’ve never needed them in the past get rid of them and save.
  • Filing car insurance claims can cost you more – If you’re an insured who likes to file claims you can expect either policy cancellation or increased premiums. Companies give lower rates to people who are claim-free. Your car insurance is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.
  • Save money by having multiple policies – Most larger car insurance companies give better rates to clients that have more than one policy. It’s known as a multi-policy discount. Even if you’re getting this discount it’s always a smart idea to compare other company rates to make sure you are getting the best deal. Drivers may still save more without the discount by insuring with multiple companies.
  • Drive fewer miles and save – The more you drive your Chevy every year the more you will pay for car insurance. Almost all companies apply a rate based on how the vehicle is used. Cars and trucks that do not get driven very much cost less to insure compared to those used for work or business. An improperly rated Silverado 3500HD may be costing you higher rates. Make sure your car insurance policy is rated on annual mileage.

Save with these premium-slashing discounts

Car insurance is not cheap, but you might find some hidden discounts that can help lower your rates. Certain discounts will be triggered automatically at quote time, but occassionally some discounts must be inquired about before being credited. If you check and find you aren’t receiving every discount you deserve, you are paying more than you should be.

  • Federal Employees – Federal government employees could qualify for a slight premium decrease on SilveradoHD coverage with a few auto insurance companies.
  • Defensive Driver – Participating in a driver safety course can save you 5% or more if your company offers it.
  • Paper-free Discount – Some of the larger companies will give you a small discount for buying your policy digitally online.
  • Full Payment Discount – By paying your policy upfront rather than paying in monthly installments you can avoid monthly service charges.
  • Multiple Policy Discount – If you have multiple policies and insure them both with the same insurance company you may earn approximately 10% to 15%.
  • Senior Citizen Discount – Seniors can get reduced rates on SilveradoHD coverage.
  • Military Discounts – Being deployed with a military unit could be rewarded with lower prices.
  • Distant Student – Kids who are attending college and do not have a car may be insured at a cheaper rate.
  • Professional Organizations – Participating in a professional or civic organization is a good way to get lower rates on your next renewal.
  • Homeowners Savings – Owning a house can save a few bucks because it is proof of financial responsibility.

Discounts reduce rates, but you should keep in mind that some credits don’t apply to the overall cost of the policy. Some only apply to individual premiums such as medical payments or collision. So even though they make it sound like you would end up receiving a 100% discount, companies don’t profit that way.

To choose auto insurance companies that provide some of the discounts listed above, click this link.

Do I need special coverages?

When it comes to buying coverage for your personal vehicles, there is no single plan that fits everyone. Every situation is different.

For example, these questions can aid in determining if your situation would benefit from professional advice.

  • What if I total my 2018 Chevy Silverado 3500HD and owe more than it’s worth?
  • If my pet gets injured in an accident are they covered?
  • Do I need medical payments coverage since I have good health insurance?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Are rock chip repairs covered?
  • Are my friends covered when driving my 2018 Chevy Silverado 3500HD?
  • What is UM/UIM insurance?

If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with an insurance agent. If you don’t have a local agent, take a second and complete this form. It’s fast, free and can help protect your family.

Coverages available on your insurance policy

Understanding the coverages of insurance aids in choosing the best coverages and proper limits and deductibles. Policy terminology can be confusing and reading a policy is terribly boring.

Coverage for medical payments

Coverage for medical payments and/or PIP kick in for bills such as hospital visits, nursing services, rehabilitation expenses, X-ray expenses and pain medications. They can be utilized in addition to your health insurance policy or if you do not have health coverage. It covers all vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Comprehensive coverages

This pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like damage from flooding, hail damage, damage from getting keyed and vandalism. The maximum amount a insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Liability coverage

This coverage provides protection from injuries or damage you cause to other people or property by causing an accident. It protects YOU against claims from other people, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 25/50/25 that means you have a limit of $25,000 per injured person, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Another option is a combined limit which limits claims to one amount with no separate limits for injury or property damage.

Liability insurance covers things such as repair costs for stationary objects, pain and suffering, attorney fees, emergency aid and court costs. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Collision protection

This coverage covers damage to your Silverado 3500HD caused by collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers claims like damaging your car on a curb, hitting a parking meter and rolling your car. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Another option is to bump up the deductible to get cheaper collision coverage.

Uninsured and underinsured coverage

This coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Usually these limits are identical to your policy’s liability coverage.

Compare but don’t skimp

People leave their current company for a number of reasons such as questionable increases in premium, policy cancellation, policy non-renewal or even delays in paying claims. No matter why you want to switch, finding a great new company is less work than it seems.

As you restructure your insurance plan, it’s very important that you do not buy lower coverage limits just to save a few bucks. There are a lot of situations where consumers will sacrifice uninsured motorist or liability limits only to regret that the savings was not a smart move. Your goal is to purchase plenty of coverage for the lowest cost while not skimping on critical coverages.

Cheaper 2018 Chevy Silverado 3500HD insurance can be found both online as well as from insurance agents, and you should compare rates from both in order to have the best price selection to choose from. There are still a few companies who do not offer rates over the internet and most of the time these smaller providers only sell coverage through independent insurance agents.

Additional information