Trying to find lower car insurance rates? Buyers have lots of choices when searching for low-cost Chevy Silverado 1500 insurance. They can either waste time calling around to get rate comparisons or save time using the internet to make rate comparisons.
There is a better way to find car insurance online so we’re going to tell you the proper way to compare rates for a new or used Chevy and locate the best price possible from local insurance agents and online providers.
It’s a good idea to get comparison quotes once or twice a year because rates tend to go up over time. If you had the best rates for Silverado insurance last year you may be paying too much now. So block out anything you think you know about car insurance because you’re about to learn the right way to save money, get proper coverage and the best rates.
The cost of insuring your cars can be expensive, but there are discounts available to help bring down the price. Some discounts apply automatically at quote time, but a few must be specially asked for in order for you to get them. If you aren’t receiving every discount possible, you are throwing money away.
As a disclaimer on discounts, most discounts do not apply to the entire cost. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So when the math indicates you could get a free insurance policy, you’re out of luck. But any discount will bring down your overall premium however.
Companies who might offer these money-saving discounts include:
It’s a good idea to ask each company which discounts you may be entitled to. Some discounts might not apply everywhere.
When it comes to buying proper insurance coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Every situation is different.
For example, these questions might point out if your insurance needs might need an agent’s assistance.
If you’re not sure about those questions but one or more may apply to you then you might want to talk to an insurance agent. To find an agent in your area, take a second and complete this form. It is quick, free and can help protect your family.
Knowing the specifics of your car insurance policy helps when choosing the right coverages for your vehicles. Policy terminology can be difficult to understand and coverage can change by endorsement.
Medical costs insurance – Med pay and PIP coverage provide coverage for bills for X-ray expenses, prosthetic devices, hospital visits, pain medications and chiropractic care. They can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. Coverage applies to both the driver and occupants in addition to if you are hit as a while walking down the street. PIP is only offered in select states and may carry a deductible
Comprehensive or Other Than Collision – This pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against claims such as damage from flooding, theft, a tree branch falling on your vehicle, damage from a tornado or hurricane and hitting a bird. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
Collision – Collision insurance pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers things like sustaining damage from a pot hole, driving through your garage door, colliding with another moving vehicle and hitting a parking meter. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. You can also bump up the deductible to bring the cost down.
Liability coverage – Liability insurance can cover damage that occurs to a person or their property that is your fault. It protects YOU against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.
Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 25/50/25 which stand for a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Some companies may use a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.
Liability insurance covers things like medical expenses, legal defense fees, court costs and attorney fees. How much liability coverage do you need? That is a personal decision, but buy higher limits if possible.
UM/UIM Coverage – This protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your Chevy Silverado 1500.
Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Frequently the UM/UIM limits do not exceed the liability coverage limits.
Lower-priced 1999 Chevy Silverado 1500 insurance can be purchased both online and with local insurance agents, and you need to comparison shop both in order to have the best price selection to choose from. There are still a few companies who do not offer you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.
Insureds change insurance companies for any number of reasons including not issuing a premium refund, policy cancellation, extreme rates for teen drivers and even delays in paying claims. Whatever your reason, choosing a new company is not as difficult as it may seem.
As you go through the steps to switch your coverage, make sure you don’t buy poor coverage just to save money. There are a lot of situations where an accident victim reduced physical damage coverage only to discover later they didn’t have enough coverage. The ultimate goal is to buy a smart amount of coverage for the lowest price while not skimping on critical coverages.
Additional insurance information can be read at these links: