Compare Chevy Silverado 3500HD Insurance Rate Quotes in Tampa

Would you like to find the cheapest car insurance rates in Tampa, FL? Tampa buyers have lots of choices when searching for low-cost Chevy Silverado 3500HD insurance. You can either spend your time contacting agents trying to get quotes or save time using the internet to compare rates.

There is a right way and a wrong way to buy car insurance so we’re going to tell you the quickest way to price shop coverage on a Chevy and locate the lowest possible price.

The purpose of this article is to let you in on the most effective way to quote insurance and how you can save the most money. If you have insurance now, you stand a good chance to be able to get lower rates using these techniques. Shoppers only need an understanding of the most efficient way to compare insurance rates over the internet.

The best way to get policy rate comparisons for Chevy Silverado 3500HD insurance in Tampa is to know the trick most larger insurance companies pay for the opportunity to give you rate quotes. The one thing you need to do is provide the companies a bit of rating information like daily mileage, if you went to college, the ages of drivers, and whether or not you need a SR-22. Your information is then sent to insurance companies and you should receive rate quotes within a short period of time.

To check rates for your Chevy Silverado 3500HD now, click here and enter the information requested.

The following companies can provide free rate quotes in Tampa, FL. To get the best car insurance in Tampa, it’s highly recommended you visit two to three different companies to get a more complete price comparison.

Auto insurance does more than just repair your car

Despite the potentially high cost of Chevy Silverado 3500HD insurance, insurance is required by state law in Florida and it also provides benefits you may not be aware of.

• Almost all states have compulsory liability insurance requirements which means the state requires a specific level of liability insurance coverage if you don’t want to risk a ticket. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
• If your Chevy Silverado 3500HD has a loan, most banks will make it mandatory that you have physical damage coverage to guarantee loan repayment. If the policy lapses, the lender may insure your Chevy at a more expensive rate and force you to pay for the much more expensive policy.
• Auto insurance protects both your assets and your Chevy. It will also pay for all forms of medical expenses for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, will also pay to defend you if you are sued as the result of an accident. If your Chevy gets damaged, your policy will pay all costs to repair after the deductible has been paid.

The benefits of carrying enough insurance definitely exceed the cost, particularly for liability claims. Today the average American driver overpays more than $700 annually so you should quote and compare rates at least once a year to ensure rates are inline.

Insurance coverage details

The rate table below covers a range of rate quotes for Chevy Silverado 3500HD models. Learning more about how premiums are formulated can benefit drivers when making smart policy decisions.

Data rating is based on married male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Florida minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Premium amounts do not factor in garaging location in Tampa which can increase or decrease premiums noticeably.

Physical damage deductibles

One common question asked by Tampa drivers is which deductible level should you buy. The comparisons below lay out the differences in premium rates when you choose different insurance deductibles. The first pricing table uses a $100 deductible for comprehensive and collision coverage and the second price grid uses a $1,000 deductible.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Price information does not factor in specific location information which can change premiums significantly.

We can estimate from the data above that using a $100 deductible would cost the average driver about $53 more each month or $636 every year than opting for the higher $1,000 deductible. Since you would have to pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to go at least 17 months between claim filings, you would most likely save money if you choose the higher deductible.

Chevrolet Silverado 3500HD insurance costs by age and gender

The chart below compares Chevy Silverado 3500HD annual premium costs for male and female drivers. The information is based on no claims, a clean driving record, full coverage, $250 deductibles, marital status is single, and no additional discounts are factored in.

Rate comparison of full coverage and liability-only

The chart below shows the difference between Chevy Silverado 3500HD car insurance rates with full physical damage coverage compared to only buying the minimum liability limits required in Florida. The costs are based on no claims, a clean driving record, $250 deductibles, single marital status, and no additional discounts are factored in.

Should you buy full coverage or liability only?

There is no clear-cut formula of when to exclude physical damage coverage, but there is a guideline you can use. If the yearly cost for physical damage coverage is about 10% or more of the replacement cost minus the deductible, then it’s probably a good time to buy liability coverage only.

For example, let’s assume your Chevy Silverado 3500HD replacement value is $5,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $4,000 after paying your deductible. If premiums are more than $400 annually for full coverage, then you may need to consider dropping full coverage.

There are some circumstances where removing full coverage is not financially feasible. If you have an outstanding loan on your vehicle, you have to keep full coverage in order to satisfy the requirements of the loan. Also, if you don’t have enough money to buy a different vehicle if your current one is damaged, you should not remove full coverage.

Auto insurance policy discounts you can’t miss

Some insurance providers don’t list every policy discount in a way that’s easy to find, so the list below details some of the more common and the harder-to-find auto insurance savings.

• Air Bag Discount – Factory options such as air bags or automatic seat belts can qualify for discounts of 25 to 30%.
• Government Employees – Federal government employees could cut as much as 10% off with select insurance companies.
• Discounts for Safe Drivers – Insureds without accidents can get discounts for up to 45% lower rates than drivers with accidents.
• Multiple Vehicles – Having all your vehicles with the same auto insurance company can get a discount for every vehicle.
• Data Collection Discounts – People who choose to allow driving data submission to study driving habits by using a telematics device such as Drivewise from Allstate or Snapshot from Progressive could save a few bucks if they have good driving habits.
• Smart Student Discounts – A discount for being a good student can get you a discount of up to 25%. The discount lasts up to age 25.
• Resident Student – Youth drivers who are enrolled in a college that is more than 100 miles from Tampa and do not have access to a covered vehicle can receive lower rates.

Drivers should understand that many deductions do not apply to the whole policy. Most only cut the price of certain insurance coverages like comp or med pay. So even though they make it sound like you could get a free auto insurance policy, you won’t be that lucky.

The diagram below shows the difference between Chevy Silverado 3500HD insurance rates with and without discounts being applied to the rates. The premium estimates are based on a female driver, no accidents or driving violations, Florida state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-car, multi-policy, safe-driver, claim-free, and marriage discounts applied.

Some of the larger companies that may offer these money-saving discounts include:

• American Family
• Nationwide
• MetLife
• 21st Century
• Farmers Insurance
• Allstate

If you want low cost Tampa auto insurance quotes, ask every insurance company how you can save money. Some credits might not apply everywhere. To see a list of auto insurance companies who offer discounts in Tampa, click here to view.

There’s no such thing as the perfect auto insurance policy

Keep in mind that when it comes to choosing the right insurance coverage for your vehicles, there really isn’t a perfect coverage plan. Coverage needs to be tailored to your specific needs.

For instance, these questions could help you determine if your situation would benefit from an agent’s advice.

• What is covered by UM/UIM coverage?
• Is there coverage for my trailer?
• Is a fancy paint job covered?
• How much will a speeding ticket raise my rates?
• What is the difference between comprehensive and collision coverage?
• Do I need replacement cost coverage?
• What is no-fault insurance?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form. It is quick, free and you can get the answers you need.

How to find a good Tampa car insurance company

Insuring your vehicle with a highly-rated company can be difficult considering how many choices there are in Florida. The information shown next may help you choose which auto insurers to look at comparing prices from.