Chevy Silverado 2500 Owners Learn How to Cut Their Car Insurance Rates

I can’t think of a single person who likes paying for car insurance, particularly when their premiums are too high. Many car insurance companies vie for your hard-earned dollar, so it’s not easy to compare every company to discover the definitive lowest cost out there.

It is always a good idea to do rate comparisons yearly because prices are variable and change quite frequently. If you had the best deal on Silverado coverage a year ago you can probably find a lower rate today. Don’t believe everything you read about car insurance online but I’m going to show you some proven techniques to quit paying high car insurance rates.

Take advantage of discounts

Car insurance can cost a lot, but you may find discounts to help offset the cost. Some discounts apply automatically at quote time, but less common discounts must be manually applied before they will apply. If you don’t get every credit you qualify for, you’re paying more than you need to.

• Student Driver Training – Make teen driver coverage more affordable by requiring them to enroll in driver’s education if offered at their school.
• Seat Belts Save more than Lives – Buckling up and requiring all passengers to wear their seat belts can save up to 15% off your medical payments premium.
• Driver Safety – Completing a course in driver safety could possibly earn you a 5% discount and easily recoup the cost of the course.
• Low Mileage Discounts – Keeping the miles down on your Chevy could be rewarded with a substantially lower rate.
• No Charge for an Accident – Certain companies will allow you to have one accident before hitting you with a surcharge if your claims history is clear for a set time period.
• Discount for Good Grades – This discount can earn a discount of 20% or more. Earning this discount can benefit you well after school through age 25.

Drivers should understand that most discount credits are not given the the whole policy. The majority will only reduce individual premiums such as comprehensive or collision. So when the math indicates adding up those discounts means a free policy, companies don’t profit that way. Any qualifying discounts will help reduce your overall premium however.

To see a list of companies who offer car insurance discounts, follow this link.

Factors that might impact rates for a Chevy Silverado 2500

Consumers need to have an understanding of the rating factors that play a part in calculating the price you pay for car insurance. Having a good understanding of what impacts premium levels empowers consumers to make smart changes that could result in big savings.

Shown below are some of the factors used by your company to calculate premiums.

• Don’t get talked into coverage you don’t need – There are a lot of add-on coverages you can purchase if you aren’t careful. Insurance for vanishing deductibles, better glass coverage and motor club memberships are examples of these. They may seem like a good idea initially, but if you don’t need them eliminate the coverages to reduce your premium.
• Traffic violations increase rates – Even one ticket can boost insurance rates forty percent or more. Careful drivers have lower premiums than their less careful counterparts. If you have dangerous violations such as reckless driving, hit and run or driving under the influence may find they need to submit a SR-22 form with the DMV in their state in order to prevent a license revocation.
• Keep rates low by being claim-free – Car insurance companies award better rates to policyholders who do not file claims often. If you tend to file frequent claims, you can look forward to either policy cancellation or increased premiums. Car insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
• Your location is important – Residing in a small town can save you money when talking about car insurance. Urban drivers tend to have traffic congestion and much longer commute distances. Lower population translates into fewer accidents as well as less vandalism and auto theft.
• Performance makes a difference – The type of car you are buying insurance for makes a big difference in your rates. The most favorable rates are usually for economy passenger models, but other factors influence the final cost greatly. Due to the fact that the Chevrolet Silverado 2500 is a pickup truck, insuring your vehicle will cost similar in price compared to average rates.

Do I need a local agent?

Some consumers just want to talk to a local agent and that is OK! Educated insurance agents can answer important questions and help in the event of a claim. The best thing about comparing rates online is that you can obtain lower rates but also keep your business local. Supporting small agencies is important especially if you live in a smaller city or town.

To help locate an agent, after submitting this simple form, your insurance data is sent to agents in your area who will give you bids to get your business. You don’t have to leave your computer since price quotes are sent to the email address you provide. It doesn’t get any easier!

Is a captive or independent car insurance agent right for you?

When finding an insurance agent, you need to know there are two different types of agents to choose from. Agents are classified as either captive or independent. Both write coverage properly, but it’s worth mentioning the differences because it can impact your selection of an agent.

Independent Insurance Agents

Independent agencies are not employed by any specific company so they have the ability to put coverage with any number of different companies and potentially find a lower price. To move your coverage to a new company, your agent can switch companies without you having to go to a different agency. When comparison shopping, it’s a good idea to include multiple independent agents to ensure the widest selection of prices.

Captive Insurance Agents

Captive agencies work for only one company and examples are American Family, Liberty Mutual and AAA. These agents are unable to compare other company’s rates so they are skilled at selling on more than just price. Captive agents are well schooled on their company’s products which helps them compete with independent agents.

For a complete listing of car insurance agents, click here.

Selecting an insurance agency should depend on more than just the price. These are valid questions to ask:

• Are they full-time agents?
• What are the financial ratings for the companies they represent?
• What insurance company do they write the most business with?
• Who are their largest clients?
• How much will you save each year by using a higher deductible?
• Is vehicle damage repaired with OEM or aftermarket parts?
• Do they specialize in personal lines coverage?
• If your car is in the repair shop, do you have coverage for a rental car?

Once you have good answers to all your questions and a low price estimate, you’ve probably found an insurance agent that is a good match to service your policy.

The best insurance company isn’t always the cheapest

We’ve covered some good ideas how you can reduce Chevy Silverado 2500 insurance prices online. It’s most important to understand that the more companies you get rates for, the higher your chance of finding lower rates. Consumers could even find that the lowest rates come from a small local company. Some small companies often have lower prices on specific markets than their larger competitors like Allstate and Progressive.

Cheaper Chevy Silverado 2500 insurance can be found both online and also from your neighborhood agents, and you should be comparing both in order to have the best price selection to choose from. Some car insurance companies may not provide online price quotes and many times these regional insurance providers only sell through independent insurance agents.