How to Save on Irvine Chevy Silverado 2500HD Insurance

Truthfully, the best way to get the cheapest auto insurance rates in Irvine is to start comparing prices regularly from different companies in California. You can shop around by following these steps.

1. Read and learn about individual coverages and the changes you can make to prevent expensive coverage. Many rating criteria that cause rate increases such as speeding tickets, accidents and a substandard credit history can be controlled by making small lifestyle or driving habit changes.
2. Quote rates from direct, independent, and exclusive agents. Exclusive agents and direct companies can only quote rates from one company like GEICO and State Farm, while independent agents can quote rates from multiple insurance companies.
3. Compare the new rates to your existing rates to determine if you can save on Silverado 2500HD insurance in Irvine. If you find a lower rate quote and switch companies, make sure coverage does not lapse between policies.
4. Provide adequate notice to your current company to cancel your current policy and submit payment and a completed application to the newly selected company. Once received, place your new proof of insurance certificate in a readily accessible location in your vehicle.

A crucial key to this process is to make sure you’re comparing identical deductibles and limits on each quote request and and to compare as many different companies as possible. This enables an apples-to-apples comparison and and a good selection of different prices.

It’s safe to conclude that car insurance companies don’t want their customers to go rate shopping. Drivers who shop around for a cheaper policy are likely to switch companies because they have a good chance of finding a policy with more affordable rates. A recent survey revealed that people who shopped around every year saved on average $860 a year as compared to drivers who never shopped around.

If finding the best rates on auto insurance is your ultimate goal, knowing how to choose a company and compare insurance coverage can save time and make the process easier.

If you’re already insured, you stand a good chance to be able to reduce premiums using the concepts covered in this article. Finding the cheapest car insurance coverage in Irvine is much easier if you know where to start. Nevertheless, California drivers must understand how insurance companies sell online and use it to find better rates.

Companies offering Chevy Silverado 2500HD insurance in Irvine

The companies shown below can provide comparison quotes in California. If your goal is to find the best cheap auto insurance in Irvine, we recommend you get price quotes from several of them in order to get a fair rate comparison.

Chevy Silverado 2500HD insurance analysis

The premium information displayed below highlights a range of rate quotes for Chevy Silverado 2500HD models. Learning as much as possible about how auto insurance premiums are determined can be valuable when making informed decisions when shopping around for a new policy.

Data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, multi-vehicle, and safe-driver. Prices do not factor in specific zip code location which can revise premiums greatly.

Higher deductibles lower rates

One frequently asked question is how low should you set your deductibles. The tables below illustrate the differences in premium rates between high and low deductibles. The first set of rates uses a $250 comprehensive and collision deductible and the second set of rates uses a $500 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Prices do not factor in specific location information which can decrease or increase coverage prices substantially.

We can derive from the above data that using a $250 deductible will cost you about $21 more each month or $252 a year than quoting the higher $500 deductible. Since the policyholder would be required to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you usually have at a minimum 12 months between claim filings, you would save more money if you decide on a higher deductible.

The information below illustrates how your deductible choice and can influence Chevy Silverado 2500HD insurance premiums for each age group. The rate quotes are based on a single male driver, comp and collision included, and no discounts are factored in.

How accidents and violations affect rates

The example below demonstrates how speeding tickets and at-fault fender-benders can influence Chevy Silverado 2500HD car insurance costs for each different age group. Data assumes a single female driver, comp and collision included, $250 deductibles, and no additional discounts are factored in.

Car insurance premiums by gender

The diagram below visualizes the comparison of Chevy Silverado 2500HD insurance costs for male and female drivers. The premiums are based on no accidents, no driving violations, full physical damage coverage, $100 deductibles, single marital status, and no discounts are applied.

Does it make sense to buy full coverage?

The illustration below shows the comparison of Chevy Silverado 2500HD insurance prices with and without full coverage. The costs are based on a clean driving record, no at-fault accidents, $250 deductibles, drivers are single, and no policy discounts are applied.

When to stop buying physical damage coverage

There is no exact formula for excluding physical damage coverage on your policy, but there is a general school of thought. If the annual cost of your full coverage insurance is about 10% or more of any settlement you would receive from your insurance company, then you might consider buying liability only.

For example, let’s say your Chevy Silverado 2500HD book value is $3,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most your company will settle for is $2,000 after paying your deductible. If you are paying over $200 annually for your policy with full coverage, then you might want to think about dropping full coverage.

There are some scenarios where buying only liability insurance is not a good plan. If you have an outstanding loan on your vehicle, you must maintain physical damage coverage in order to prevent your loan from defaulting. Also, if you can’t afford to buy a different vehicle if your current one is damaged, you should not drop full coverage.

Insurance policy discounts you can’t miss

Car insurance companies don’t always list every policy discount in an easy-to-find place, so here is a list both well-publicized and the harder-to-find savings tricks you should be using when you buy Irvine car insurance online. If you check and find you aren’t receiving every discount you qualify for, you’re just leaving money on the table.

• Multiple Policy Discount – If you combine your homeowners and auto policies with one company you will save at least 10 to 15 percent or more.
• Early Switch Discount – A few insurance companies allow discounts for switching policies before your current expiration date. This discount can save up to 10%.
• Discounts for New Vehicles – Putting coverage on a new Silverado 2500HD can cost up to 25% less since newer vehicles are generally safer.
• Drivers Ed for Students – Require your teen driver to enroll in driver’s education if offered at their school.
• Seat Belt Discounts – Using a seat belt and requiring all passengers to buckle their seat belts can save a little off the personal injury premium cost.
• Membership in Organizations – Participating in a qualifying organization can get you a small discount on your policy.
• Cautious Driver Discount – Drivers who don’t get into accidents can pay as much as 50% less than less cautious drivers.
• Passive Restraint Discount – Factory air bags or automatic seat belts may qualify for discounts up to 30%.
• Paperless Signup – A few insurance companies provide a small discount simply for signing over the internet.

Consumers should know that most discounts do not apply to the entire cost. Most only apply to individual premiums such as collision or personal injury protection. Just because it seems like it’s possible to get free car insurance, company stockholders wouldn’t be very happy. Any qualifying discounts will definitely lower your overall bill.

The information below illustrates the comparison of Chevy Silverado 2500HD auto insurance costs with and without policy discounts. The costs are based on a male driver, no violations or accidents, California state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, safe-driver, claim-free, multi-car, and multi-policy discounts applied.

Larger insurance companies and a partial list of their discounts include:

• State Farm discounts include multiple autos, accident-free, Steer Clear safe driver discount, safe vehicle, and good driver.
• Nationwide has discounts for easy pay, multi-policy, good student, Farm Bureau membership, and business or organization.
• GEICO policyholders can earn discounts including daytime running lights, defensive driver, multi-policy, military active duty, membership and employees, and anti-theft.
• AAA offers discounts for AAA membership discount, multi-policy, multi-car, good driver, and anti-theft.
• 21st Century has savings for anti-lock brakes, early bird, teen driver, 55 and older, and defensive driver.
• The Hartford offers premium reductions for driver training, air bag, bundle, anti-theft, vehicle fuel type, and good student.

When getting a coverage quote, ask each company which discounts they offer. Some discounts might not be offered on policies in your area. If you would like to view companies that offer some of these discounts in Irvine, click here to view.

You are unique and your insurance should be too

Always keep in mind that when comparing insurance from an agent or online, there isn’t really a perfect coverage plan. Your situation is unique.

These are some specific questions could help you determine whether you may require specific advice.

• Which is better, split liability limits or combined limits?
• Do I need motorclub coverage?
• Can my babysitter drive my car?
• Where can I get insurance after a DUI in California?
• Should I have a commercial auto policy?
• Do I need rental car coverage?
• I have health insurance so do I need medical payments coverage?

If it’s difficult to answer those questions, then you may want to think about talking to a licensed agent. If you don’t have a local agent, simply complete this short form.

Exclusive and independent car insurance agents

A small number of people would prefer to get advice from a local agent and that is just fine! An additional benefit of comparing insurance prices online is the fact that drivers can get cheap car insurance quotes and still have a local agent.

Upon completion of this form (opens in new window), your information is sent to insurance agents in Irvine who will give you quotes for your car insurance coverage. It’s much easier because you don’t need to search for an agent since price quotes are sent instantly to you. Get lower rates without the usual hassles of price shopping. If you wish to get a comparison quote from a specific car insurance provider, just go to their quote page and give them your coverage information.

Deciding on an insurance company should include more criteria than just a cheap price. A good agent in Irvine will have answers to these questions.

• Are they able to provide referrals?
• Does the quote include credit and driving reports?
• Will high miles depreciate repair valuations?
• Do they make recommendations based only on price?
• Are they full-time agents?
• Is the agency involved in supporting local community causes?
• Will you work with the agent or an assistant?

The type of car insurance agent you choose is important

If you prefer to buy car insurance from a local Irvine insurance agent, it can be helpful to understand the types of insurance agents and how they can write your policy. Agencies in Irvine can be classified as either independent agents or exclusive agents.

Exclusive Insurance Agents

Exclusive insurance agents are contracted to one company like State Farm, Allstate, and Farm Bureau. They generally cannot shop your coverage around so you might not find the best rates. Exclusive agents receive a lot of sales training on their company’s products and that enables them to sell even at higher rates.

Listed below is a short list of exclusive insurance agencies in Irvine who may provide you with price quotes.

More insurance agents

Independent Agents

These type of agents can sell policies from many different companies and that allows them to write policies with many different companies depending on which coverage is best. To transfer your coverage to a different company, they simply move the coverage in-house which is easy for the insured. If you are comparing car insurance prices, it’s a good idea to include price quotes from independent agents to get the most accurate price comparison.

Below are Irvine independent insurance agencies who can help you get price quote information.

More insurance agents

Insurance coverage breakdown

Having a good grasp of your policy can help you determine the right coverages and proper limits and deductibles. Insurance terms can be ambiguous and nobody wants to actually read their policy.

Coverage for medical expenses

Coverage for medical payments and/or PIP pay for bills for things like dental work, prosthetic devices, chiropractic care, rehabilitation expenses and EMT expenses. The coverages can be used in conjunction with a health insurance program or if you are not covered by health insurance. It covers all vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage protects you and your vehicle when other motorists do not carry enough liability coverage. This coverage pays for hospital bills for your injuries and also any damage incurred to your Chevy Silverado 2500HD.

Since a lot of drivers carry very low liability coverage limits (California limits are 15/30/5), it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family.

Collision insurance

This pays for damage to your Silverado 2500HD resulting from a collision with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims like driving through your garage door, scraping a guard rail, damaging your car on a curb and crashing into a building. This coverage can be expensive, so consider dropping it from vehicles that are older. You can also raise the deductible on your Silverado 2500HD to save money on collision insurance.

Comprehensive insurance

This coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like hitting a bird, hitting a deer, a tree branch falling on your vehicle, a broken windshield and damage from getting keyed. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Liability car insurance

Liability coverage can cover damage or injury you incur to people or other property by causing an accident. Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 15/30/5 which means a $15,000 limit per person for injuries, a total of $30,000 of bodily injury coverage per accident, and $5,000 of coverage for damaged property.

Liability insurance covers claims such as funeral expenses, emergency aid and medical expenses. How much coverage you buy is your choice, but it’s cheap coverage so purchase as high a limit as you can afford. California state law requires minimum liability limits of 15/30/5 but drivers should carry more coverage.

The chart below shows why buying low liability limits may not be adequate.

Frequent quotes can save

When searching for cheaper Irvine car insurance quotes, it’s a bad idea to sacrifice coverage to reduce premiums. In many cases, an accident victim reduced collision coverage only to regret they didn’t have enough coverage. The ultimate goal is to buy enough coverage at the lowest possible cost, but do not sacrifice coverage to save money.

Drivers change insurance companies for any number of reasons including delays in paying claims, high rates after DUI convictions, policy non-renewal and policy cancellation. Regardless of your reason, finding a new company is not as hard as you think.

Low-cost Chevy Silverado 2500HD insurance in Irvine is possible both online and also from your neighborhood Irvine agents, so you need to shop Irvine car insurance with both to have the best rate selection. Some car insurance companies may not provide online rate quotes and most of the time these regional carriers provide coverage only through local independent agents.

Additional detailed information can be read in these articles:

• Steps to Take After an Auto Accident (Insurance Information Institute)
• How Much are Car Insurance Rates for Drivers Over Age 60 in Irvine? (FAQ)
• Who Has Cheap Irvine Auto Insurance for a Toyota Tundra? (FAQ)
• Who Has Cheap Auto Insurance Rates for a Company Car in Irvine? (FAQ)
• Who Has Affordable Car Insurance for Retired Military in Irvine? (FAQ)
• Who Has Affordable Irvine Auto Insurance Quotes for Drivers Over Age 70? (FAQ)
• No-Fault Auto Insurance Statistics (Insurance Information Institute)
• Prepare your Teens for Safe Driving (InsureUonline.org)
• What is a Telematics Device? (Allstate)