Trying to find more affordable Chevy Silverado 2500HD insurance in Phoenix? Nobody gets a kick out of paying for insurance, particularly when they are paying too much.
Unfortunately, 70% of consumers have remained with the same insurance company for over three years, and just short of a majority have never shopped around. Consumers in the United States could cut their rates by nearly 47% a year, but most undervalue the large savings they would see if they changed companies.
Due to the fact that there are so many options when it comes to insurance, it’s nearly impossible to find a more affordable company.
You should take the time to quote other rates on a regular basis because prices trend upward over time. Even if you got the best deal on Chevy Silverado 2500HD insurance in Phoenix a couple years back a different company probably has better rate quotes today. Ignore everything you know about insurance because you’re going to get a crash course in the best methods to reduce your cost while increasing coverage.
The goal of this article is to tell you how to effectively get price quotes and some tricks to saving. If you have insurance now, you stand a good chance to be able to cut your premiums using the ideas covered in this article. But Arizona drivers must understand the way companies determine prices and apply this information to your search.
Cheap companies for Chevy Silverado 2500HD insurance
The auto insurance companies shown below offer price quotes in Phoenix, AZ. If more than one company is shown, we recommend you visit several of them in order to get a fair rate comparison.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Silverado 2500HD LT Crew Cab 4WD | $138 | $284 | $338 | $20 | $102 | $882 | $74 |
| Silverado 2500HD LT Crew Cab 2WD | $148 | $306 | $348 | $20 | $104 | $926 | $77 |
| Silverado 2500HD LTZ Crew Cab 4WD | $212 | $370 | $300 | $18 | $90 | $990 | $83 |
| Silverado 2500HD LT Crew Cab Diesel 4WD | $232 | $492 | $362 | $22 | $108 | $1,216 | $101 |
| Silverado 2500HD LT Crew Cab Diesel 2WD | $184 | $362 | $326 | $20 | $98 | $990 | $83 |
| Silverado 2500HD LT Extended Cab Diesel 2WD | $216 | $392 | $348 | $20 | $104 | $1,080 | $90 |
| Silverado 2500HD LTZ Crew Cab 2WD | $250 | $546 | $382 | $22 | $114 | $1,314 | $110 |
| Silverado 2500HD LTZ Crew Cab Diesel 4WD | $280 | $598 | $390 | $24 | $116 | $1,408 | $117 |
| Silverado 2500HD LTZ Crew Cab Diesel 2WD | $262 | $594 | $458 | $28 | $136 | $1,478 | $123 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Information does not factor in specific location information which can increase or decrease auto insurance rates considerably.
Full coverage versus liability-only
The illustration below shows the comparison of Chevrolet Silverado 2500HD annual premium costs with and without physical damage coverage. The premiums are based on no driving violations, no at-fault accidents, $250 deductibles, single male driver, and no discounts are taken into consideration.
When to stop buying physical damage coverage
There is no definitive guideline of when to phase out full coverage, but there is a guideline you can consider. If the yearly cost for physical damage coverage is more than 10% of any settlement you would receive from your insurance company, then it might be time to buy liability only.
For example, let’s say your Chevrolet Silverado 2500HD claim settlement value is $3,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most you would receive is $2,000 after you pay the deductible. If premiums are more than $200 a year for full coverage, then it might be time to buy liability only.
There are a few situations where only buying liability is not a good idea. If you still have a lienholder on your title, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should not consider dropping full coverage.
Age-based auto insurance rates by gender
The illustration below visualizes the comparison of Chevrolet Silverado 2500HD insurance premiums for male and female drivers. The rates are based on no violations or claims, full coverage, $100 deductibles, single marital status, and no discounts are applied.
Don’t overlook these eight Chevy Silverado 2500HD insurance discounts
Insuring your vehicles can cost a lot, but you might already qualify for some discounts that could drop your premiums quite a bit. Certain credits will be shown when you purchase, but a few need to be asked about prior to receiving the credit.
- Multi-policy Discount – When you combine your homeowners and auto insurance with the same company you may save at least 10 to 15 percent or more.
- Theft Deterrent System – Vehicles equipped with tracking devices and advanced anti-theft systems are stolen less frequently and will qualify for a discount on a Phoenix auto insurance quote.
- Multi-line Discount – If the company offers life insurance, you could get a break if you buy some life insurance too.
- Multi-car Discount – Buying a policy with all your vehicles on one policy can get a discount on all vehicles.
- Switch and Save Discount – Some auto insurance companies provide a discount for buying a policy before your current expiration date. This discount can save up to 10%.
- Smart Student Discounts – Performing well in school may save as much as 25% on a Phoenix auto insurance quote. This discount can apply until age 25.
- 55 and Retired – Drivers that qualify as senior citizens can get a small discount on rates.
- College Student Discount – Children living away from Phoenix attending college and leave their car at home may qualify for this discount.
You should keep in mind that some of the credits will not apply to the overall cost of the policy. Most only reduce the cost of specific coverages such as liability and collision coverage. Even though it may seem like it’s possible to get free car insurance, nobody gets a free ride. Any qualifying discounts should definitely cut your overall bill.
Car insurance companies that may include some of the discounts shown above may include but are not limited to:
Double check with each insurance company which discounts they offer. Some credits may not apply in every state. To find companies that offer discounts in Arizona, click here.
Don’t assume everyone needs the same insurance coverage
When choosing proper insurance coverage, there really isn’t a “best” method to buy coverage. Every insured’s situation is different.
These are some specific questions might point out whether or not you may require specific advice.
- Is a driver training discount available?
- What are the financial responsibility laws in my state?
- Do I really need UM/UIM coverage?
- What is the rate difference between pleasure use and commuting?
- Should I put collision coverage on all my vehicles?
- What is roadside assistance coverage?
- Do I have coverage when making deliveries for my home business?
- Should I buy only the required Arizona minimum liability coverage?
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 agent. If you don’t have a local agent, fill out this quick form.
Auto insurance quotes from local Phoenix insurance agents
A lot of people would rather get professional advice from a licensed agent and there is nothing wrong with that. One of the great benefits of comparing rate quotes online is that you can obtain cheap rate quotes and still have an agent to talk to. Buying from small agencies is especially important in Phoenix.
To find an agent, once you fill out this short form, the coverage information is sent to participating agents in Phoenix who want to provide quotes for your coverage. It simplifies rate comparisons since you won’t have to leave your computer as quotes are delivered immediately to your email address. You can get cheaper auto insurance rates and an insurance agent to talk to. If you need to get a comparison quote from one company in particular, you can always find their quoting web page to submit a rate quote request.
The difference between Phoenix car insurance agents
If you need to find local Phoenix agents, there are a couple of different types of agents that differ in how they can insure your vehicles. Agents in Phoenix can either be independent or exclusive depending on the company they work for.
Independent Agencies or Brokers
Independent insurance agents do not sell for just one brand so they can insure your vehicles with an assortment of companies and get the cheapest rates. If they quote lower rates, your agent can just switch to a different company without you having to go to a different agency.
If you are trying to find cheaper rates, it’s a good idea to get quotes from a couple of independent agencies for maximum quote selection.
The following are Phoenix independent insurance agencies who may be able to give you comparison quotes.
Citywide Insurance
1529 W Thomas Rd – Phoenix, AZ 85015 – (602) 241-9200 – View Map
American Premier Insurance Agency
16815 S Desert Foothills Pkwy #140 – Phoenix, AZ 85048 – (480) 423-3444 – View Map
UNO Insurance Agency
3510 E Bell Rd # 2 – Phoenix, AZ 85032 – (602) 493-2300 – View Map
Exclusive Auto Insurance Agencies
These agents can usually just insure with one company and some examples include American Family, State Farm, and Allstate. Exclusive agents cannot compare other company’s rates so you might not find the best rates. These agents receive extensive training on what they offer which aids in selling service over price.
Listed below is a list of exclusive insurance agents in Phoenix who can help you get comparison quotes.
Arly Sanchez – State Farm Insurance Agent
1625 N 51st Ave Ste 103 – Phoenix, AZ 85035 – (602) 455-2886 – View Map
Chris Bolton – State Farm Insurance Agent
1630 N 7th St – Phoenix, AZ 85006 – (602) 252-1330 – View Map
Lupita Fernandez – State Farm Insurance Agent
2610 W Baseline Rd Ste 116 – Phoenix, AZ 85041 – (602) 633-2088 – View Map
Choosing the best insurance agency is decision based upon more than just a cheap price quote. These are some questions you should get answers to.
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
- Do the companies they represent have a solid financial rating?
- Where would your vehicle be repaired?
- Is the quote a firm price?
- How much experience to they have in personal lines coverages?
Misconceptions in auto insurance advertisements
Allstate, GEICO and Progressive endlessly run ads on TV and radio. They all make the point of big savings if you just switch your policy. That’s great but how can every company save you money on Chevy Silverado 2500HD insurance in Phoenix? This is how they do it.
Insurance providers quote their cheapest rates for the driver that will generate a profit. For instance, a desirable insured may need to be a mature driver, has no prior claims, and has a high credit rating. A driver that matches those criteria will get very good Phoenix prices and will cut their Chevy Silverado 2500HD insurance rates if they switch.
Potential customers who do not fit those criteria will be charged higher rates and this can result in the driver buying from a lower-cost company. The trick companies use is to say “drivers that switch” not “everyone that quotes” save that much. That’s the way companies can make those statements.
Because of the profiling, you need to compare many company’s prices. Because without a comparison, you cannot know with any certainty which company will have the best premium rates at this point in time.
Auto insurance coverage information
Learning about specific coverages of auto insurance can help you determine appropriate coverage for your vehicles. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording.
Comprehensive coverage
This coverage pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against things like a tree branch falling on your vehicle, vandalism and hitting a bird. The most you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Liability
Liability coverage provides protection from damages or injuries you inflict on other’s property or people in an accident. This coverage protects you against other people’s claims. It does not cover your injuries or vehicle damage.
It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 15/30/10 that translate to $15,000 bodily injury coverage, a total of $30,000 of bodily injury coverage per accident, and a total limit of $10,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL which combines the three limits into one amount and claims can be made without the split limit restrictions.
Liability insurance covers claims like repair costs for stationary objects, loss of income, emergency aid, bail bonds and court costs. How much liability should you purchase? That is up to you, but you should buy as high a limit as you can afford. Arizona requires drivers to carry at least 15/30/10 but you should think about purchasing better liability coverage.
Uninsured/Underinsured Motorist coverage
Your UM/UIM coverage gives you protection from other motorists when they do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Since many Arizona drivers only purchase the least amount of liability that is required (Arizona limits are 15/30/10), it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Frequently the UM/UIM limits do not exceed the liability coverage limits.
Medical payments coverage and PIP
Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills such as EMT expenses, ambulance fees, surgery and chiropractic care. They are often used to fill the gap from your health insurance plan or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage
Auto collision coverage
This coverage covers damage to your Silverado 2500HD resulting from a collision with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision coverage protects against things like sideswiping another vehicle, hitting a mailbox and colliding with a tree. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. It’s also possible to bump up the deductible on your Silverado 2500HD to get cheaper collision coverage.
Cheaper insurance is a realistic goal
Budget-friendly insurance in Phoenix can be bought online as well as from independent agents in Phoenix, and you should compare rates from both in order to have the best price selection to choose from. A few companies do not offer rates over the internet and these regional insurance providers provide coverage only through independent agents.
As you quote Phoenix auto insurance, don’t be tempted to buy poor coverage just to save money. In many instances, an insured dropped liability coverage limits only to regret that the small savings ended up costing them much more. The goal is to buy the best coverage you can find at the best possible price but still have enough coverage for asset protection.
Consumers leave their current company for a variety of reasons including poor customer service, policy non-renewal, questionable increases in premium and lack of trust in their agent. Whatever your reason, switching companies is easier than you think.
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