To save the most money, the best way to find discount Chevy Silverado 3500HD insurance is to regularly compare price quotes from companies who provide auto insurance in Orlando.
Step 1: Try to comprehend what is in your policy and the factors you can control to prevent high rates. Many policy risk factors that result in higher rates such as speeding and an unacceptable credit rating can be amended by paying attention to minor details. This article provides additional ideas to help prevent high rates and get discounts that may be available to you.
Step 2: Get rate quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give rate quotes from a single company like Progressive and State Farm, while independent agents can provide prices from multiple sources.
Step 3: Compare the new quotes to your current policy premium and see if you can save money. If you can save money and switch companies, make sure coverage does not lapse between policies.
An essential thing to point out is that you use identical coverage information on each quote request and and to get prices from every company you can. Doing this helps ensure a level playing field and the best price selection.
It’s an obvious statement that auto insurance companies don’t want you to look at other companies. Insureds who compare price quotes are highly likely to buy a new policy because of the good chance of finding more affordable rates. Remarkably, a study showed that people who regularly compared rates saved $3,400 over four years compared to other drivers who never compared rates.
If saving the most money on insurance in Orlando is why you’re here, knowing how to choose a company and compare insurance coverage can help you succeed in finding affordable rates.
How to compare Orlando Chevy Silverado 3500HD insurance quotes
The companies shown below offer price quotes in Orlando, FL. To locate cheap car insurance in Orlando, FL, we suggest you get rate quotes from several of them in order to get a fair rate comparison.
Lower-cost Orlando insurance rates with discounts
Insurance is not inexpensive, but there could be available discounts that you may not even know about. Some discounts apply automatically at the time you complete a quote, but occasionally some discounts must be asked for before you get the savings. If you check and find you aren’t receiving every discount you deserve, you could be getting lower rates.
- Passive Restraint Discount – Vehicles equipped with air bags or motorized seat belts can qualify for discounts as much as 30%.
- Multi-Vehicle Discounts – Buying coverage for more than one vehicle on one policy can reduce the rates for all insured vehicles.
- Pay Early and Save – If you pay your bill all at once rather than spreading payments over time you can actually save on your bill.
- Defensive Driver Discount – Taking a course teaching driver safety skills could save 5% or more if your company offers it.
- Discounts for Federal Employees – Active or retired federal employment could cut as much as 10% off with some insurance companies.
- Lower Rates for Military – Having an actively deployed family member may lower your insurance rates slightly.
- Telematics Data Discounts – Drivers who elect to allow their insurance company to analyze vehicle usage by installing a telematics device such as Allstate’s Drivewise and State Farm’s In-Drive system might get better premium rates as long as the data is positive.
- Savings for New Vehicles – Putting insurance coverage on a new Silverado 3500HD can save you some money compared to insuring an older model.
- Early Signing – Some larger companies reward drivers for signing up prior to your current Silverado 3500HD insurance policy expiring. The savings is around 10%.
As a disclaimer on discounts, most discounts do not apply to your bottom line cost. Most only reduce specific coverage prices like comp or med pay. Even though it may seem like it’s possible to get free car insurance, you’re out of luck.
The information below shows the comparison of Chevy Silverado 3500HD car insurance costs with and without some available policy discounts. The costs are based on a male driver, no tickets, no at-fault accidents, Florida state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, homeowner, multi-policy, safe-driver, multi-car, and marriage discounts applied.
Larger insurance companies and their offered discounts include:
- GEICO policyholders can earn discounts including anti-theft, seat belt use, daytime running lights, defensive driver, federal employee, and membership and employees.
- SAFECO has savings for anti-lock brakes, anti-theft, accident prevention training, teen safe driver, and homeowner.
- State Farm discounts include student away at school, multiple autos, anti-theft, good driver, accident-free, and passive restraint.
- MetLife offers discounts including claim-free, good driver, defensive driver, good student, and accident-free.
- 21st Century may include discounts for teen driver, student driver, defensive driver, automatic seat belts, and homeowners.
- Progressive offers premium reductions for online signing, multi-vehicle, continuous coverage, multi-policy, good student, and homeowner.
If you want affordable Chevrolet Silverado 3500HD insurance quotes, ask each insurance company to give you their best rates. Depending on the company, some discounts may not be available in your area. To choose insurance companies with discount insurance rates in Florida, follow this link.
Chevy Silverado 3500HD insurance coverage information
The premium information shown next outlines different rate quotes for Chevy Silverado 3500HD models. Understanding how insurance policy premiums are calculated helps drivers make informed purchases.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Silverado 3500HD LT Crew Cab 4WD | $434 | $994 | $678 | $40 | $202 | $2,348 | $196 |
| Silverado 3500HD LT Extended Cab 4WD | $434 | $994 | $678 | $40 | $202 | $2,348 | $196 |
| Silverado 3500HD LT Crew Cab 2WD | $434 | $864 | $542 | $32 | $162 | $2,034 | $170 |
| Silverado 3500HD LTZ Crew Cab 2WD | $478 | $864 | $542 | $32 | $162 | $2,078 | $173 |
| Silverado 3500HD LT Crew Cab Diesel 2WD | $478 | $994 | $542 | $32 | $162 | $2,208 | $184 |
| Silverado 3500HD LTZ Crew Cab Diesel 2WD | $478 | $994 | $542 | $32 | $162 | $2,208 | $184 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, claim-free, and multi-vehicle. Premium costs do not factor in specific Orlando garaging location which can modify coverage rates substantially.
Where to set your deductibles
When buying car insurance, a common question is which comprehensive and collision deductibles to buy. The comparison tables below can help show the rate fluctuation when you choose different physical damage deductibles. The first table uses a $100 deductible and the second set of prices uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Silverado 3500HD LT Crew Cab 4WD | $452 | $880 | $522 | $30 | $156 | $2,065 | $172 |
| Silverado 3500HD LT Extended Cab 4WD | $452 | $880 | $522 | $30 | $156 | $2,065 | $172 |
| Silverado 3500HD LT Crew Cab 2WD | $452 | $764 | $418 | $24 | $124 | $1,807 | $151 |
| Silverado 3500HD LTZ Crew Cab 2WD | $498 | $764 | $418 | $24 | $124 | $1,853 | $154 |
| Silverado 3500HD LT Crew Cab Diesel 2WD | $498 | $880 | $418 | $24 | $124 | $1,969 | $164 |
| Silverado 3500HD LTZ Crew Cab Diesel 2WD | $498 | $880 | $418 | $24 | $124 | $1,969 | $164 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Silverado 3500HD LT Crew Cab 4WD | $330 | $594 | $522 | $30 | $156 | $1,632 | $136 |
| Silverado 3500HD LT Extended Cab 4WD | $330 | $594 | $522 | $30 | $156 | $1,632 | $136 |
| Silverado 3500HD LT Crew Cab 2WD | $330 | $516 | $418 | $24 | $124 | $1,412 | $118 |
| Silverado 3500HD LTZ Crew Cab 2WD | $364 | $516 | $418 | $24 | $124 | $1,446 | $121 |
| Silverado 3500HD LT Crew Cab Diesel 2WD | $364 | $594 | $418 | $24 | $124 | $1,524 | $127 |
| Silverado 3500HD LTZ Crew Cab Diesel 2WD | $364 | $594 | $418 | $24 | $124 | $1,524 | $127 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, safe-driver, and claim-free. Information does not factor in zip code location which can impact premiums significantly.
Based on the above data, using a $100 deductible costs about $35 more each month or $420 annually than quoting the higher $500 deductible. Since the policyholder would be required to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you tend to go at a minimum 11 months between claims, you would probably be better off if you elect the higher deductible.
How to determine when to raise deductibles
| Average monthly premium for $100 deductibles: | $163 |
| Average monthly premium for $500 deductibles (subtract): | – $128 |
| Monthly savings from raising deductible: | $35 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $35 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 11 months |
The chart below illustrates how your deductible choice and can influence Chevy Silverado 3500HD insurance costs for different age categories. The information is based on a single male driver, comprehensive and collision coverage, and no policy discounts are applied.
Rate comparison of full coverage and liability-only
The information below shows the difference between Chevy Silverado 3500HD insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The data is based on no tickets, no at-fault accidents, $100 deductibles, single status, and no other discounts are factored in.
When to eliminate full coverage
There is no clear-cut rule to exclude physical damage coverage on your policy, but there is a guideline you can use. If the annual cost of your full coverage insurance is more than 10% of replacement cost minus your deductible, then it could be time to drop full coverage.
For example, let’s pretend your Chevy Silverado 3500HD claim settlement value is $7,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most your company would pay you is $6,000 after you pay the deductible. If it’s costing in excess of $600 annually for comprehensive and collision coverage, then you might consider buying liability only.
There are some scenarios where eliminating full coverage is not advised. If you haven’t paid off your loan, you must maintain physical damage coverage to protect the lienholder’s interest. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should not opt for liability only.
Insurance agent or online?
A lot of people would rather visit with an insurance agent. Professional insurance agents can help determine the best coverages and help you file claims. One of the best bonuses of comparing rates online is the fact that you can find lower rates and still have a local agent. And providing support for local insurance agents is especially important in Orlando.
To find an agent, once you fill out this form (opens in new window), the quote information is sent to participating agents in Orlando who can give free rate quotes for your insurance coverage. You won’t need to search for an agent as quotes are delivered to the email address you provide. If you need to get a rate quote from a specific auto insurance provider, just jump over to their website and fill out their quote form.
Insurance agent types
If you want to use a local agent, there are two types of insurance agents and how they can quote your rates. Auto insurance agents can be described as either independent agents or exclusive agents depending on their employer. Either can sell auto insurance policies, but we need to point out why they differ because it can factor into which type of agent you select.
Independent Auto Insurance Agencies or Brokers
Agents that elect to be independent can sell policies from many different companies so they can quote policies through many companies enabling the ability to shop coverage around. To move your coverage to a new company, your agent can switch companies which makes it simple for you. When comparison shopping, you absolutely need to contact a couple of independent agencies in order to have the best price comparison. They also have the ability to place coverage with different regional companies who may have lower rates.
Featured below is a short list of independent insurance agents in Orlando that can give you price quote information.
- J Meyers Insurance Agency
5003 Old Cheney Hwy – Orlando, FL 32807 – (407) 273-0230 – View Map - Independent Insurance Agents
845 N Fern Creek Ave – Orlando, FL 32803 – (407) 898-0461 – View Map - Budget Insurance Agency
5574 N Orange Blossom Trail – Orlando, FL 32808 – (321) 270-6385 – View Map
Exclusive Agents
Exclusive agencies can only provide pricing for a single company and some examples include Allstate, State Farm and Farm Bureau. These agents are unable to provide prices from multiple companies so it’s a take it or leave it situation. They receive a lot of sales training on their company’s products and that enables them to sell even at higher rates. Drivers often buy from exclusive agents mostly because of the prominence of the brand instead of buying on price only.
The following is a list of exclusive agencies in Orlando willing to provide comparison quotes.
- Allstate Insurance: Polette Hernandez Gardner
2606 E Robinson St – Orlando, FL 32803 – (407) 380-0083 – View Map - Bruce Baltich – State Farm Insurance Agent
198 S Semoran Blvd – Orlando, FL 32807 – (407) 273-9170 – View Map - Andy Phillips – State Farm Insurance Agent
7608 W Sand Lake Rd – Orlando, FL 32819 – (407) 354-1320 – View Map
Deciding on an insurance agent is decision based upon more than just the bottom line cost. The answers to these questions are important, too.
- Who are their largest clients?
- Do they offer accident forgiveness?
- Do the coverages you’re quoting properly cover your vehicle?
- Will their companies depreciate repairs to your car based on the mileage?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
Smart Buyers Can Slash Their Insurance Rates
Lots of things are considered when you get a price on insurance. Some of the criteria are obvious like an MVR report, but others are less obvious such as your marital status or your vehicle rating. Smart consumers have a good feel for a few of the rating criteria that help calculate your policy premiums. If you understand what positively or negatively impacts your premiums, this enables you to make decisions that could help you find cheaper rates.
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Older drivers pay less – Beginning drivers in Florida have a tendency to be inattentive when at the wheel of a vehicle so auto insurance rates are higher. Older insureds are shown to be more cautious, are lower risk to insure, and are safer drivers.
The following data uses these variables: single driver, full coverage with $100 deductibles, and no discounts or violations.
- Single drivers take more risk – Walking down the aisle helps lower the price on your auto insurance policy. Having a significant other demonstrates that you tend to be more stable financially and statistics show married drivers tend to file fewer claims.
- Drivers with good credit save – Your credit history is likely to be a major factor in calculating your auto insurance rates. Insureds that have good credit tend to file fewer claims than those with lower credit scores. So if your credit rating can use some improvement, you could save money insuring your Chevrolet Silverado 3500HD by improving your credit score.
- Know your vehicle’s IIHS safety rating – Vehicles with high crash test scores tend to be cheaper to insure. The safest vehicles reduce the chance of injuries and fewer serious injuries means less claims paid and lower rates for you.
- Never have auto insurance lapses – Allowing your auto insurance policy to lapse will be a guaranteed way to increase your renewal premiums. In addition to paying higher premiums, not being able to provide proof of insurance can result in a revoked license or a big fine. You will then be forced to submit proof of financial responsibility or a SR-22 with the Florida department of motor vehicles.
- Frequent insurance claims increase rates – Insurance companies in Florida generally give better rates to policyholders who do not rely on their insurance for small claims. If you file claims often, you can look forward to either higher rates or even cancellation. Auto insurance is designed for claims that pose a financial burden.
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Fast cars cost more to insure – The make and model of the car or truck you drive makes a significant difference in determining your rates. The best insurance prices will generally be found on lower performance four cylinder passenger cars, but your final cost has many other factors.
The following data is based on a single male driver age 50, full coverage with $250 deductibles, and no discounts or violations. The data compares Chevrolet Silverado 3500HD insurance premiums compared to other vehicles that have a range of performance risks.
- Qualify for multi-policy discounts – Most major insurers allow better rates to buyers who carry more than one policy. It’s known as a multi-policy discount. The discount can add up to 10 percent or more. Even with this discount applied, you still need to get quotes from other companies to guarantee you are still saving the most. Drivers may still save more without the discount by buying auto insurance from a different company.
Auto insurance protects more than just your car
Despite the high cost of buying insurance for a Chevy Silverado 3500HD in Orlando, insuring your vehicle is mandatory in Florida but it also protects more than you think.
- Most states have mandatory insurance requirements which means state laws require a specific level of liability in order to get the vehicle licensed. 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 you took out a loan on your Silverado 3500HD, most banks will require you to have insurance to protect their interest in the vehicle. If you do not pay your insurance premiums, the bank may insure your Chevy for a lot more money and require you to pay the higher price.
- Insurance safeguards your Chevy and your assets. It will also cover medical transport and hospital expenses for you, any passengers, and anyone injured in an accident. Liability coverage, the one required by state law, also pays expenses related to your legal defense if you are sued as the result of your driving. If you have damage to your Chevy as the result of the weather or an accident, comprehensive (other-than-collision) and collision coverage will pay to repair the damage minus the deductible amount.
The benefits of insuring your car are definitely more than the cost, especially for larger claims. Unknowingly, the average driver is overpaying over $865 each year so you should quote rates once a year at a minimum to help ensure money is not being wasted.
The best insurance company isn’t always the cheapest
When you buy Orlando car insurance online, it’s a bad idea to buy lower coverage limits just to save a few bucks. There are too many instances where someone dropped physical damage coverage only to regret that they should have had better coverage. The ultimate goal is to buy the best coverage you can find for the lowest price while still protecting your assets.
Insureds switch companies for a number of reasons such as not issuing a premium refund, policy non-renewal, delays in responding to claim requests and even an unsatisfactory settlement offer. Regardless of your reason for switching companies, finding the right auto insurance provider is less work than it seems.
Low-cost Chevy Silverado 3500HD insurance in Orlando can be sourced online in addition to local insurance agencies, so you need to shop Orlando car insurance with both in order to have the best price selection to choose from. Some companies may not offer price quotes online and these regional carriers sell through local independent agencies.
More detailed auto insurance information is available at these sites:
- Preventing Carjacking and Theft (Insurance Information Institute)
- How Much is Auto Insurance for a Learners Permit in Orlando? (FAQ)
- What Insurance is Cheapest for Drivers with Accidents in Orlando? (FAQ)
- Who Has Cheap Car Insurance for a Subaru Outback in Orlando? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for a Dodge Grand Caravan in Orlando? (FAQ)
- Who Has the Cheapest Orlando Auto Insurance for Retired Military? (FAQ)
- What Insurance is Cheapest for a Chevrolet Silverado in Orlando? (FAQ)
- Uninsured Motorists: Threats on the Road (Insurance Information Institute)
- Auto Insurance FAQ (Farmers Insurance)
- State Car Insurance Guides (GEICO)
- Collision Coverage (Liberty Mutual)