2013 Chevrolet Silverado 1500 Insurance Rates – 10 Policy Discounts

Trying to find cheaper insurance rates for your Chevrolet Silverado 1500? I can’t think of a single person who cherishes buying insurance, especially when their premiums are too high. You have so many insurers to pick from, and even though it’s nice to have a selection, too many choices makes it more difficult to find the best rates for your vehicles.

The purpose of this article is to let you in on how to effectively get price quotes and some tricks to saving. If you are paying for car insurance now, you should be able to reduce your rates substantially using this information. Consumers only need to know the proper methods to buy auto insurance online.

Save money by taking advantage of these ten discounts

Car insurance can cost a lot, but companies offer discounts that you may not know about. Some discounts apply automatically when you quote, but a few need to be asked about before you get the savings. If you aren’t receiving every discount possible, you are paying more than you should be.

  • Good Student Discount – A discount for being a good student can be rewarded with saving of up to 25%. The good student discount can last until age 25.
  • Use Seat Belts – Drivers who require all occupants to use a seat belt can save up to 15% on the medical payments or PIP coverage costs.
  • Discount for Swiching Early – Some companies give discounts for switching to them before your current expiration date. The savings is around 10%.
  • Accident Forgiveness – A few companies permit an accident before raising your premiums so long as you haven’t had any claims prior to the accident.
  • Low Mileage – Fewer annual miles on your Chevy can earn a substantially lower rate.
  • Student Driver Training – Have your child complete a driver education course in school.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles are safer to drive and earn discounts up to 10%.
  • Pay Upfront and Save – If you pay your bill all at once instead of paying each month you can actually save on your bill.
  • More Vehicles More Savings – Having multiple cars or trucks on one policy can get a discount on all vehicles.
  • No Claims – Claim-free drivers pay less when compared with accident-prone drivers.

It’s important to note that many deductions do not apply to the overall cost of the policy. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Even though it may seem like you would end up receiving a 100% discount, it doesn’t quite work that way. But any discount will bring down your premiums.

For a list of providers who offer insurance coverage discounts, click this link.

When should I use an insurance agent?

When buying the right insurance coverage for your personal vehicles, there really is no “perfect” insurance plan. Your needs are not the same as everyone else’s so your insurance should reflect that For example, these questions might point out if your insurance needs might need professional guidance.

  • What companies insure drivers after a DUI or DWI?
  • Should I buy only the required minimum liability coverage?
  • Do I have coverage if my license is suspended?
  • Where can I find high-risk insurance?
  • Is a new car covered when I drive it off the dealer lot?
  • What happens if I owe more than my 2013 Chevy Silverado 1500 is worth?
  • Is there coverage for injuries to my pets?
  • Should I drop comprehensive coverage on older vehicles?
  • Does coverage extend to my business vehicle?
  • What is the ISO rating for a 2013 Chevy Silverado 1500?

If you don’t know the answers to these questions but a few of them apply then you might want to talk to a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier It is quick, free and may give you better protection.

Auto insurance coverages explained

Understanding the coverages of a auto insurance policy can be of help when determining which coverages you need at the best deductibles and correct limits. Auto insurance terms can be difficult to understand and even agents have difficulty translating policy wording. These are the normal coverages found on the average auto insurance policy.

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage provides protection when other motorists do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your 2013 Chevy Silverado 1500.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Usually these limits are set the same as your liablity limits.

Collision – Collision insurance will pay to fix damage to your Silverado 1500 resulting from a collision with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for claims like damaging your car on a curb, sustaining damage from a pot hole and crashing into a building. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible to get cheaper collision coverage.

Medical costs insurance – Coverage for medical payments and/or PIP reimburse you for bills like nursing services, doctor visits and EMT expenses. They are often utilized in addition to your health insurance program or if you are not covered by health insurance. They cover all vehicle occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Comprehensive or Other Than Collision – Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as falling objects, hitting a deer, hitting a bird, a broken windshield and vandalism. The most your auto insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability insurance – This provides protection from damage that occurs to a person or their property. This coverage protects you against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Occasionally you may see a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage protects against things like loss of income, repair costs for stationary objects, emergency aid and repair bills for other people’s vehicles. How much liability should you purchase? That is up to you, but buy as high a limit as you can afford.

Online plus local equals savings

Throughout this article, we presented many ideas to get a better price on 2013 Chevy Silverado 1500 insurance. The most important thing to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. Consumers may even find the lowest premiums are with a lesser-known regional company. These smaller insurers may have significantly lower rates on certain market segments compared to the large companies like Allstate and Progressive.

While you’re price shopping online, make sure you don’t buy lower coverage limits just to save a few bucks. In many instances, drivers have reduced collision coverage to discover at claim time that it was a big error on their part. Your strategy should be to get the best coverage possible at an affordable rate while not skimping on critical coverages.

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