Best Chevy Silverado 3500HD Insurance in Laredo

It takes a little time, but the best way to find low-cost auto insurance rates is to compare prices annually from companies in Laredo. Prices can be compared by following these steps.

One piece of advice is that you’ll want to make sure you compare the same physical damage deductibles and liability limits on each price quote and and to get price estimates from every insurance company. This guarantees a level playing field and the best price selection.

Discount Chevy Silverado 3500HD insuranceSurprisingly, a recent survey revealed that the vast majority of consumers have purchased from the same company for over three years, and nearly the majority have never shopped around. Texas drivers can cut their rates by 70% a year, but they don’t understand how simple it is to compare rates online.

If you have coverage now, you will definitely be able to lower your rates using the ideas covered in this article. Comparing rates for the cheapest auto insurance coverage in Laredo is easy if you know what you’re doing. Nevertheless, Texas drivers must comprehend how the larger insurance companies price insurance differently and take advantage of how the system works.

Lower-cost Chevy Silverado 3500HD insurance quotes in Laredo

Some companies don’t always advertise all available discounts in an easy-to-find place, so the next list breaks down some of the more common and also the lesser-known credits that you can use to lower your rates.

You should keep in mind that most discount credits are not given to all coverage premiums. Most only reduce individual premiums such as collision or personal injury protection. Just because you may think you would end up receiving a 100% discount, companies don’t profit that way. Any qualifying discounts will positively reduce the cost of your policy.

The illustration below illustrates the difference between Chevy Silverado 3500HD insurance prices with and without discounts being applied to the rates. Data assumes a male driver, no claims or driving violations, Texas state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, homeowner, multi-car, safe-driver, marriage, and claim-free discounts applied.

Some of the insurance companies who may offer these money-saving discounts are:

Before buying, ask all companies you are considering to apply every possible discount. Some discounts listed above might not be available to policyholders in every state. To see insurance companies that provide some of the discounts listed above in Laredo, click this link.

How to compare free Laredo Chevy Silverado 3500HD insurance quotes

Keep in mind that comparing more rates from different companies will increase your chances of finding a better price. Not every company provides Laredo Silverado 3500HD insurance quotes over the internet, so you need to compare quotes from them as well.

The companies shown below provide free quotes in Texas. To find cheaper auto insurance in Laredo, we suggest you compare several of them in order to find the most competitive rates.

Detailed insurance information

The rate information shown next showcases a range of prices for Chevy Silverado 3500HD models. Being more informed about how insurance policy rates are figured is important for you to make smart choices when choosing a car insurance company.

Chevrolet Silverado 3500HD Insurance Rates in Laredo, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Silverado 3500HD LT Crew Cab 4WD $318 $666 $448 $26 $134 $1,592 $133
Silverado 3500HD LT Extended Cab 4WD $318 $666 $448 $26 $134 $1,592 $133
Silverado 3500HD LT Crew Cab 2WD $318 $580 $358 $22 $108 $1,386 $116
Silverado 3500HD LTZ Crew Cab 2WD $350 $580 $358 $22 $108 $1,418 $118
Silverado 3500HD LT Crew Cab Diesel 2WD $350 $666 $358 $22 $108 $1,504 $125
Silverado 3500HD LTZ Crew Cab Diesel 2WD $350 $666 $358 $22 $108 $1,504 $125
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Table data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, homeowner, and safe-driver. Prices do not factor in the specific area where the vehicle is garaged which can affect rates substantially.

Should you raise deductibles?

When buying car insurance, a common question is which comprehensive and collision deductibles to buy. The tables below approximate how much more you’ll pay between high and low policy deductibles. The first set of rates uses a $250 deductible for comprehensive and collision coverage and the second rate chart uses a $1,000 deductible.

Chevrolet Silverado 3500HD insurance policy rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Silverado 3500HD LT Crew Cab 4WD $370 $672 $476 $28 $142 $1,713 $143
Silverado 3500HD LT Extended Cab 4WD $370 $672 $476 $28 $142 $1,713 $143
Silverado 3500HD LT Crew Cab 2WD $370 $584 $382 $22 $114 $1,497 $125
Silverado 3500HD LTZ Crew Cab 2WD $408 $584 $382 $22 $114 $1,535 $128
Silverado 3500HD LT Crew Cab Diesel 2WD $408 $672 $382 $22 $114 $1,623 $135
Silverado 3500HD LTZ Crew Cab Diesel 2WD $408 $672 $382 $22 $114 $1,623 $135
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Chevrolet Silverado 3500HD insurance policy rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Silverado 3500HD LT Crew Cab 4WD $228 $424 $476 $28 $142 $1,298 $108
Silverado 3500HD LT Extended Cab 4WD $228 $424 $476 $28 $142 $1,298 $108
Silverado 3500HD LT Crew Cab 2WD $228 $368 $382 $22 $114 $1,114 $93
Silverado 3500HD LTZ Crew Cab 2WD $252 $368 $382 $22 $114 $1,138 $95
Silverado 3500HD LT Crew Cab Diesel 2WD $252 $424 $382 $22 $114 $1,194 $100
Silverado 3500HD LTZ Crew Cab Diesel 2WD $252 $424 $382 $22 $114 $1,194 $100
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Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-vehicle, and multi-policy. Rate quotes do not factor in Laredo location which can alter insurance rates greatly.

Based on the data above, we can derive that using a $250 deductible costs about $34 more each month or $408 for a full year averaged for all Silverado 3500HD models than opting for the higher $1,000 deductible. Since you would have to pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you go at a minimum 22 months between claims, you would more than likely save some money if you decide on a higher deductible. The table below shows how you can decide this on your own policy.

Average monthly premium for $250 deductibles: $135
Average monthly premium for $1,000 deductibles (subtract): – $101
Monthly savings from raising deductible: $34
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $34
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 22 months

One important caveat is that raising deductibles results in having to pay to pay more out-of-pocket if you have a claim. That will require enough extra savings in order to pay the higher deductible.

Does full coverage make sense?

The example below shows the comparison of Chevy Silverado 3500HD insurance costs with full coverage compared to only the Texas minimum liability coverage. The price estimates are based on no violations or claims, $1,000 deductibles, drivers are not married, and no other discounts are factored in.

When to stop buying comprehensive and collision coverage

There is no set guideline for dropping physical damage insurance, but there is a general school of thought. If the yearly cost of comp and collision coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then you might consider buying liability only.

For example, let’s pretend your Chevy Silverado 3500HD replacement cost is $5,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $4,000 after the deductible is paid. If you are paying over $400 annually for your policy with full coverage, then you might want to think about dropping full coverage.

There are some conditions where dropping full coverage is not advised. If you still have a lienholder on your title, you must maintain physical damage coverage in order to keep the loan. Also, if you can’t afford to buy a different vehicle if your current one is in an accident, you should not opt for liability only.

Eight Things That Influence Your Insurance Prices

Part of the car insurance buying process is learning the factors that help determine your policy premiums. When consumers understand what impacts premium levels, this enables informed choices that may result in cheaper rates. Many things are used when premium rates are determined. Some of the criteria are obvious like a motor vehicle report, but some are more obscure like where you live or how safe your car is.

Battle of the sexes – Over the last 30 years, statistics show that women are safer drivers than men. However, this does not mean men are worse drivers. Both sexes cause fender benders in similar percentages, but guys tend to have more serious accidents. Men also tend to get higher numbers of serious violations such as DWI and reckless driving.

The chart below illustrates the difference between Chevy Silverado 3500HD insurance premiums for male and female drivers. The costs are based on no claims or driving citations, comp and collision included, $100 deductibles, drivers are single, and no additional discounts are factored in.

Never let your car insurance policy expire – Having an insurance coverage lapse can be a fast way to drive up your policy premiums. Not only will you pay higher rates, being ticketed for driving with no insurance could earn you a hefty fine and possibly a revoked license. You may then be required to prove you have insurance by filing a SR-22 with the Texas motor vehicle department to get your license reinstated.

Small claims can cost you – Insurance companies in Texas generally give most affordable rates to policyholders that do not abuse their auto insurance. If you are a frequent claim filer, you can look forward to either higher rates or even cancellation. Your car insurance is intended for claims that you cannot pay yourself.

Do you know you’re credit rating? – Credit score factor in determining your rates. So if your credit score is lower than you’d like, you could potentially save money when insuring your Chevrolet Silverado 3500HD by repairing your credit. People that have high credit ratings tend to be better risks to insure than drivers with lower ratings.

Save money by raising coverage deductibles – Deductibles for physical damage represent how much money you are required to spend out-of-pocket before a claim is paid by your company. Coverage for physical damage, termed comprehensive and collision coverage on your policy, insures against damage to your car. Some coverage claims are rear-ending another vehicle, fire damage, or theft of your vehicle. The more you choose to pay out-of-pocket, the lower your rates will be.

Big cities mean more claims – Being located in a small town can be a good thing when talking about car insurance. Fewer drivers and short commutes means fewer accidents and also fewer theft and vandalism claims. City drivers tend to have much more traffic and much longer commute distances. Higher commute times means more chances of being involved in an auto accident.

What are good liability coverage limits? – Liability coverage will protect you if you are ruled to be at fault for causing personal injury or damage in an accident. Liability provides you with a defense in court which can be incredibly expensive. Carrying liability coverage is mandatory and cheap compared to comp and collision, so do not cut corners here.

Lower miles equals lower premium – The more you drive every year the more you will pay for car insurance. A lot of companies calculate prices determined by how the vehicle is used. Cars not used for work or commuting receive lower rates than cars that get driven a lot. Improper usage on your Silverado 3500HD may be costing you. It’s always a good idea to double check that your policy is rated on the right rating data.

You may need specialized auto insurance coverage

When choosing adequate coverage, there really is no “best” method to buy coverage. You are unique so this has to be addressed. For example, these questions might help in determining if your insurance needs will benefit from professional help.

If it’s difficult to answer those questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area.

Get rate quotes but still have a neighborhood Laredo auto insurance agent

Certain consumers still like to buy from a licensed agent and that can be a smart move One of the great benefits of comparing car insurance online is that drivers can save money and get cheap car insurance rates and still have an agent to talk to. Buying from and supporting local agencies is important especially in Laredo.

Find insurance agent in LaredoUpon completion of this quick form, the coverage information is submitted to agents in your area who will return price quotes to get your business. You never need to drive around since rate quotes are delivered to you instantly. You can most likely find cheaper rates AND an agent nearby. In the event you want to compare rates from a specific car insurance provider, you would need to search and find their rate quote page and give them your coverage information.

Choose the right car insurance agent

When searching for a reliable insurance agent, you need to know there are two different agency structures from which to choose. Car insurance agencies can be categorized as either exclusive agents or independent agents.

Independent Car Insurance Agencies

Agents in the independent channel are appointed with more than one company so they can insure your vehicles through many different car insurance companies and get you the best rates possible. If your agent finds better pricing, the business is moved internally and you stay with the same agent. When comparing rates, you should always compare quotes from multiple independent agents to have the best price comparison. Most can insure with additional companies that you may not be familiar with that may provide cheaper car insurance rates.

Featured below are Laredo independent insurance agents who may be able to give you price quote information.

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Exclusive Agents

Exclusive agencies can usually just insure with one company and examples are State Farm, Allstate and AAA. Exclusive agents cannot shop your coverage around so they really need to provide good service. These agents are highly trained on their products and sales techniques which helps them sell on service rather than price. Consumers frequently buy insurance from these agents primarily because of the brand name and the convenience of having all coverages with one company.

The following are exclusive agents in Laredo who can help you get price quotes.

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Finding the right insurance agent should include more criteria than just the premium amount. Get answers to these questions too.

After getting good feedback to your questions and locked in a price quote, you have narrowed it down to a car insurance agent that is a good match to insure your vehicles. But remember, you have the power to terminate coverage any time you want so don’t think you’re contractually obligated to a specific company indefinitely.

Protect more than your vehicle

Despite the high cost, insurance serves an important purpose.

First, most states have compulsory liability insurance requirements which means you are required to carry a minimum amount of liability if you don’t want to risk a ticket. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.

Second, if your Silverado 3500HD has a lienholder, it’s guaranteed your bank will make it a condition of the loan that you have physical damage coverage to ensure loan repayment if the vehicle is totaled. If you let the policy lapse, the lender will be forced to insure your Chevy for a lot more money and require you to fork over for the expensive policy.

Third, insurance protects both your Chevy Silverado 3500HD and your assets. It will also provide coverage for medical transport and hospital expenses for yourself as well as anyone injured by you. Liability coverage, the one required by state law, will also pay attorney fees if you cause an accident and are sued. If damage is caused by hail or an accident, collision and comprehensive coverages will pay to have it repaired.

The benefits of carrying enough insurance are without a doubt worth the cost, especially if you ever need it. But the average driver in Texas overpays as much as $869 every year so we recommend shopping around every year to ensure rates are competitive.

Quote often and quote early

As you quote Laredo auto insurance, do not sacrifice coverage to reduce premiums. There are too many instances where an insured dropped collision coverage only to find out they didn’t purchase enough coverage. Your goal is to get the best coverage possible at a price you can afford.

You just learned many ideas to find lower-cost Chevy Silverado 3500HD insurance in Laredo. The key thing to remember is the more you quote Laredo auto insurance, the better likelihood of getting the cheapest Chevrolet Silverado 3500HD rate quotes. You may even discover the lowest car insurance rates are with an unexpected company. These companies may only write in your state and offer lower premium rates compared to the large companies like Progressive or GEICO.

Budget-friendly insurance in Laredo is possible from both online companies and with local Laredo insurance agents, so you should compare both to have the best rate selection. Some insurance companies do not offer the ability to get quotes online and usually these smaller companies sell through local independent agencies.

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