Save Money on Chevy Silverado 3500HD Insurance in Riverside

It’s safe to conclude that insurance companies don’t want their customers to go rate shopping. Consumers who shop for lower rates will presumably buy a different policy because there is a great chance of finding a lower-priced company. Remarkably, a study showed that consumers who compared prices once a year saved about $70 a month compared to policyholders who never compared rates.

If finding discount rates on insurance in Riverside is your objective, then knowing how to shop for insurance coverage can make it simple to find affordable coverage.

Insurance quote for Chevy Silverado 3500HD in RiversideReally, the only way to get more affordable auto insurance rates is to start doing an annual price comparison from providers who provide car insurance in Riverside. Rate comparisons can be done by completing these steps.

  1. Read and learn about how insurance works and the measures you can control to keep rates in check. Many rating criteria that drive up the price like accidents, careless driving, and a poor credit rating can be improved by making small lifestyle or driving habit changes.
  2. Request price quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can provide rates from one company like GEICO or Allstate, while independent agencies can quote rates from multiple insurance companies.
  3. Compare the price quotes to your existing coverage and see if you can save money. If you find better rates and change companies, verify that coverage does not lapse between policies.
  4. Tell your current company of your intent to cancel your current policy and submit a signed application and payment for the new policy. Immediately place your new proof of insurance paperwork in your vehicle’s glove compartment or console.

One thing to point out is to try to use identical deductibles and limits on every quote request and and to compare as many car insurance companies as possible. Doing this guarantees a level playing field and the most accurate and complete price analysis.

Components of Your Chevy Silverado 3500HD Insurance Prices

Many different elements are used in the calculation when you quote your car insurance policy. A few of the factors are predictable such as your driving record, although others are more transparent like your vehicle usage or your financial responsibility. Consumers need to have an understanding of some of the things that are used to determine auto insurance rates. When you understand what determines base rates, this allows you to make educated decisions that could result in big savings.

Shown below are some of the items used by insurance companies to determine premiums.

Do you save by driving less? – The more you drive annually the more you’ll pay to insure your vehicle. Most insurance companies calculate rates based upon how much you drive. Autos that do not get driven very much can be on a lower rate level than those that get driven frequently. Make sure your declarations sheet is rated on the correct driver usage, because improper ratings can cost you money. Improper usage on your Silverado 3500HD can cost quite a bit.

Urban areas may pay more – Choosing to live in less populated areas is a positive aspect when buying auto insurance. Residents of big cities regularly have traffic congestion and much longer commute distances. Fewer people means fewer accidents.

Liability insurance is critical – Liability coverage will provide protection in the event that a court rules you are at fault for personal injury or accident damage. Your liability coverage provides for a legal defense which can cost a lot. Carrying liability coverage is mandatory and cheap when compared to the cost of physical damage coverage, so do not cut corners here.

Single drivers take more risk – Being married can actually save you money compared to being single. It means you’re less irresponsible and insurance companies reward insureds because married couples file fewer claims.

When quoting car insurance, remember that more quotes will enable you to find the best rates. Some smaller insurers do not give Riverside Silverado 3500HD insurance quotes over the internet, so you should also compare rates from them, too.

The companies shown below have been selected to offer comparison quotes in California. If more than one company is shown, it’s highly recommended you click on several of them to get the most affordable price.

Rates and statistics

The information shown below covers different insurance policy prices for Chevy Silverado 3500HD models. Learning more about how insurance prices are formulated can be of help when making decisions when shopping your coverage around.

Chevrolet Silverado 3500HD Insurance Rates in Riverside, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Silverado 3500HD LT Crew Cab 4WD $372 $792 $530 $32 $158 $1,884 $157
Silverado 3500HD LT Extended Cab 4WD $372 $792 $530 $32 $158 $1,884 $157
Silverado 3500HD LT Crew Cab 2WD $372 $688 $424 $26 $126 $1,636 $136
Silverado 3500HD LTZ Crew Cab 2WD $412 $688 $424 $26 $126 $1,676 $140
Silverado 3500HD LT Crew Cab Diesel 2WD $412 $792 $424 $26 $126 $1,780 $148
Silverado 3500HD LTZ Crew Cab Diesel 2WD $412 $792 $424 $26 $126 $1,780 $148
Get Your Own Custom Quote Go

Premium data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, safe-driver, and homeowner. Prices do not factor in zip code location which can alter coverage rates significantly.

How high should deductibles be?

One of the more difficult decisions when buying car insurance is how high should the physical damage coverage deductibles be. The data tables below can help you visualize the rate fluctuation between low and high policy deductibles. The first set of rates uses a $250 physical damage deductible and the second set of rates uses a $1,000 deductible.

Chevrolet Silverado 3500HD insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Silverado 3500HD LT Crew Cab 4WD $430 $780 $552 $32 $166 $1,985 $165
Silverado 3500HD LT Extended Cab 4WD $430 $780 $552 $32 $166 $1,985 $165
Silverado 3500HD LT Crew Cab 2WD $430 $678 $442 $26 $132 $1,733 $144
Silverado 3500HD LTZ Crew Cab 2WD $474 $678 $442 $26 $132 $1,777 $148
Silverado 3500HD LT Crew Cab Diesel 2WD $474 $780 $442 $26 $132 $1,879 $157
Silverado 3500HD LTZ Crew Cab Diesel 2WD $474 $780 $442 $26 $132 $1,879 $157
Get Your Own Custom Quote Go

Chevrolet Silverado 3500HD insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Silverado 3500HD LT Crew Cab 4WD $266 $490 $552 $32 $166 $1,506 $126
Silverado 3500HD LT Extended Cab 4WD $266 $490 $552 $32 $166 $1,506 $126
Silverado 3500HD LT Crew Cab 2WD $266 $426 $442 $26 $132 $1,292 $108
Silverado 3500HD LTZ Crew Cab 2WD $292 $426 $442 $26 $132 $1,318 $110
Silverado 3500HD LT Crew Cab Diesel 2WD $292 $490 $442 $26 $132 $1,382 $115
Silverado 3500HD LTZ Crew Cab Diesel 2WD $292 $490 $442 $26 $132 $1,382 $115
Get Your Own Custom Quote Go

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Rate quotes do not factor in the specific area where the vehicle is garaged which can influence insurance rates substantially.

Based on the data above, we can derive that using a $250 deductible would cost the average driver about $39 more each month or $468 each year averaged for all Silverado 3500HD models than opting for the higher $1,000 deductible. Since you would pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to have more than 19 months between claim filings, you would save money by going with a higher deductible.

How to determine if a higher deductible is a good idea

Average monthly premium for $250 deductibles: $156
Average monthly premium for $1,000 deductibles (subtract): – $117
Monthly savings from raising deductible: $39
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $39
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 19 months

One thing to note is that raising deductibles to get cheaper rates means you will have to pay more out-of-pocket at claim time. You will want to have access to more funds in the event you have to pay the deductible.

Drive safe and save

The illustration below demonstrates how citations and at-fault collisions can affect Chevy Silverado 3500HD insurance rates for each age group. The information is based on a single male driver, comp and collision included, $250 deductibles, and no discounts are applied to the premium.

Car insurance is an important decision

Despite the potentially high cost of Chevy Silverado 3500HD insurance, insurance may be required for several reasons.

First, almost all states have minimum liability requirements which means you are required to buy specific minimum amounts of liability protection if you drive a vehicle. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.

Second, if you have a lien on your car, it’s most likely the lender will stipulate that you have insurance to ensure they get paid if you total the vehicle. If you default on your policy, the lender may insure your Chevy at an extremely high rate and force you to reimburse them the higher price.

Third, car insurance protects your Chevy and your assets. Insurance will also pay for medical transport and hospital expenses incurred in an accident. As part of your policy, liability insurance also covers all legal expenses up to the policy limit if you cause an accident and are sued. If your car is damaged in a storm or accident, your car insurance policy will cover the damage repairs after a deductible is paid.

The benefits of having car insurance more than offset the price you pay, especially when you need to use it. Unknowingly, the average driver is overpaying more than $825 a year so it’s very important to do a rate comparison at every policy renewal to ensure rates are competitive.

Affordable rates on Chevy Silverado 3500HD insurance in Riverside with these discounts

Insuring your vehicles can cost a lot, but discounts can save money and there are some available that many people don’t even know exist. Certain reductions will be credited at the time of quoting, but once in a while a discount must be asked for before they will apply.Discount insurance

We need to note that most of the big mark downs will not be given to your bottom line cost. Some only apply to the price of certain insurance coverages like comprehensive or collision. So despite the fact that it appears all the discounts add up to a free policy, you won’t be that lucky. But any discount will definitely lower the amount you pay for coverage.

The diagram below shows the comparison of Chevy Silverado 3500HD insurance rates with and without discounts applied to the premium. The prices are based on a female driver, a clean driving record, no claims, California state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, safe-driver, marriage, homeowner, claim-free, and multi-policy discounts applied.

To find providers who offer online Chevy Silverado 3500HD insurance quotes in Riverside, click here to view.

Car insurance agents can help

A lot of people would prefer to sit down with an agent and that can be a great decision One of the great benefits of comparing rate quotes online is the fact that you can find lower car insurance rates and still buy from a local agent. And providing support for small agencies is important especially in Riverside.

After completing this short form, your information is sent to local insurance agents who can give free rate quotes for your insurance coverage. There is no need to drive around since price quotes are sent immediately to you. You can get cheaper insurance rates without a big time investment. If you wish to get a comparison quote from a particular provider, you just need to visit that company’s website and give them your coverage information.

Types of auto insurance agents in Riverside

If you are wanting to find a reputable insurance agent or broker, there are a couple of different agency structures and how they differ in how they quote coverages. Insurance agencies are classified as either independent agents or exclusive agents depending on their employer.

Independent Agencies or Brokers

Agents that choose to be independent are not employed by any specific company so they have the ability to put coverage through many different insurance companies and find you cheaper rates. To transfer your coverage to a different company, your policy is moved internally and you won’t have to switch agencies.

If you are comparing insurance prices, it’s recommended you get several quotes from independent agents in order to compare the most rates. They often place coverage with companies that do not advertise much who may have lower rates.

The following are independent agents in Riverside that may be able to give competitive price quotes.

View more Riverside agents

Exclusive Insurance Agencies

Exclusive insurance agents can only provide pricing for a single company and examples are State Farm, AAA, and Liberty Mutual. Exclusive agents are unable to compare rates from other companies so it’s a take it or leave it situation. They are trained well on sales techniques and that allows them to sell at a higher price point. Some insured continue to use the same agent primarily because of the brand name and solid financial strength.

The following are Riverside exclusive insurance agents that can give you comparison quotes.

View more Riverside agents

Finding the right car insurance agent is decision based upon more than just a cheap price. Here are some questions you should ask.

After getting satisfactory answers and an affordable coverage quote, you have narrowed it down to an insurance agent that meets your needs to properly insure your vehicles. Just understand that it’s your coverage and you can cancel your policy whenever you wish so never assume that you are permanently stuck with any specific company for a certain time period.

Riverside auto insurance companies ranked

Buying coverage from a good quality car insurance provider can be rather challenging considering how many different companies insure vehicles in California. The company rank data displayed below could help you select which companies to look at when comparing rate quotes.

Top 10 Riverside Car Insurance Companies by A.M. Best Rank

  1. USAA – A++
  2. Travelers – A++
  3. State Farm – A++
  4. GEICO – A++
  5. Esurance – A+
  6. Nationwide – A+
  7. Allstate – A+
  8. Mercury Insurance – A+
  9. Progressive – A+
  10. Titan Insurance – A+

Which policy gives me the best coverage?

When buying the best car insurance coverage, there really is not a cookie cutter policy. Everyone’s needs are different and your car insurance should be unique as well.Higher deductibles save money
For instance, these questions can aid in determining whether or not you would benefit from professional advice.

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies.

Smart consumers save more

We just covered a lot of tips how to lower your Chevy Silverado 3500HD insurance prices in Riverside. The key thing to remember is the more companies you get rates for, the better your comparison will be. Consumers may even find the biggest savings come from a company that doesn’t do a lot of advertising. These smaller insurers can often provide lower rates in certain areas compared to the large companies like State Farm or Progressive.

When trying to cut insurance costs, it’s very important that you do not reduce needed coverages to save money. There are too many instances where drivers have reduced liability coverage limits and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your goal should be to purchase plenty of coverage for the lowest price.

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