Compare Chevy Silverado 2500HD Insurance Rate Quotes in Kansas City

Unbelievable but true, almost 70% of insureds have purchased from the same company for more than four years, and 38% of drivers have never compared rates to find lower-cost insurance. Kansas City insurance shoppers could save 25% every year just by getting comparison quotes, but they just don’t understand how easy it is to compare rates online.

The best way we recommend to get affordable car insurance rates in Kansas City is to compare quotes annually from different companies that sell auto insurance in Missouri. Rate comparisons can be done by following these guidelines.

• Step 1: Spend some time learning about the coverage provided by your policy and the modifications you can make to keep rates down. Many rating criteria that increase rates such as high-risk driving behaviors and poor credit rating can be controlled by making small lifestyle or driving habit changes.
• Step 2: Request rate estimates from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only give rate quotes from a single company like Progressive or Allstate, while agents who are independent can give you price quotes from multiple sources.
• Step 3: Compare the new rate quotes to your current policy and see if you can save money. If you find better rates, make sure there is no lapse in coverage.
• Step 4: Tell your current agent or company to cancel your existing policy. Submit a completed application and payment to the new company. Make sure you put the new proof of insurance paperwork in an accessible location in your vehicle.

The key thing to know about shopping around is that you’ll want to compare the same liability limits and deductibles on each price quote and and to get price estimates from as many companies as feasibly possible. This provides a level playing field and a better comparison of the market.

Chevy Silverado 2500HD Insurance Cost Factors

A large part of saving on insurance is knowing the factors that play a part in calculating the price you pay for insurance. When consumers understand what determines premiums, this helps enable you to make changes that may reward you with lower rates. Multiple criteria are used in the calculation when you get your auto insurance bill. A few of the factors are predictable such as traffic violations, but some are more obscure like your continuous coverage or how financially stable you are.

• Premiums and your address – Living in areas with lower population has it’s advantages when buying insurance. Less people means less chance of accidents and a lower car theft rate. City drivers tend to have more road rage incidents and more severe claims. More time commuting means more chance of being in an accident.

• Performance affects prices – The type of car, truck or SUV you need insurance for makes a huge difference in your auto insurance rates. The lowest performance passenger vehicles receive the most favorable rates, but the cost you end up paying is determined by many additional factors.

  The following chart uses these variables: married female driver age 20, full coverage with $100 deductibles, and no discounts or violations. The data compares Chevrolet Silverado 2500HD car insurance rates compared to other models that have different risk factors.

• Lower rates by increasing deductibles – Your deductibles define the amount you are required to spend out-of-pocket if the claim is covered. Coverage for physical damage, also called comprehensive and collision insurance, covers damage that occurs to your car. Examples of covered claims would be collision with another vehicle, animal collisions, or theft of your vehicle. The higher the amount you’re willing to pay, the lower your rates will be.
• Liability is critical – Liability insurance provides coverage in the event that a jury decides you are liable for an accident. It will provide for a legal defense to defend your case. Liability insurance is quite affordable compared to other policy coverages, so drivers should buy more than the minimum limits required by law.

• Premiums drop with age – Teenage drivers in Missouri tend to be more careless when driving with friends therefore insurance rates are much higher. More experienced drivers are more cautious drivers, tend to file fewer claims, and are safer drivers.

  The following data uses these assumptions: single driver, full coverage with $1000 deductibles, and no discounts or violations.

Chevy Silverado 2500HD coverage statistics

The premium table below covers a range of insurance coverage prices for Chevy Silverado 2500HD models. Knowing how rates are formulated can benefit drivers when making smart choices when purchasing an auto insurance policy.

Data rating is based on married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Missouri minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Rate quotes do not factor in garaging location in Kansas City which can change rates greatly.

Higher deductibles save money

When comparing auto insurance rates, the most common question is what deductibles to buy. The rates shown below lay out the rate differences between low and high insurance deductibles. The first table uses a $100 physical damage deductible and the second price grid uses a $1,000 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Missouri minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, multi-policy, and safe-driver. Rate quotes do not factor in Kansas City location which can alter auto insurance rates considerably.

Based on this data, using a $100 deductible would cost the average driver about $34 more each month or $408 every year than quoting the higher $1,000 deductible. Because you would pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you have more than 26 months between claim filings, you would probably save some money going with the higher deductible.

Careless drivers pay higher rates

The information below illustrates how violations and accident claims can drive up Chevy Silverado 2500HD premium costs for different ages of insureds. Data assumes a single female driver, full coverage, $100 deductibles, and no discounts are factored in.

Male drivers compared to female drivers in Kansas City

The chart below illustrates the comparison of Chevy Silverado 2500HD premium costs for male and female drivers. The premium estimates are based on no claims or violations, comp and collision included, $250 deductibles, single marital status, and no policy discounts are applied.

Difference between liability only and full coverage rates

The information below shows the comparison of Chevy Silverado 2500HD auto insurance rates with and without physical damage coverage. The premium estimates are based on no accidents, no driving violations, $1,000 deductibles, drivers are not married, and no discounts are applied to the premium.

When to switch to liability coverage only

There is no definitive rule for eliminating full coverage, but there is a general guideline you can use. If the annual cost of coverage is more than 10% of any settlement you would receive from your insurance company, the it may be a good time to stop paying for full coverage.

For example, let’s assume your Chevy Silverado 2500HD replacement value is $9,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most you would receive is $8,000 after paying the physical damage deductible. If you are paying in excess of $800 annually for comprehensive and collision coverage, then you might consider buying liability only.

There are some cases where eliminating full coverage is not advised. If you haven’t paid off your loan, you are required to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if you cannot afford to purchase a different vehicle if your current one is damaged, you should not remove full coverage.

Determine discounts on Kansas City car insurance

Car insurance is easily one of your largest bills, but discounts can save money and there are some available to cut the cost considerably. Certain discounts will be triggered automatically when you get a quote, but some must be asked about in order for you to get them. If you don’t get every credit you deserve, you may be paying too high a price.

• Own a Home and Save – Owning your own home or condo can get you a discount because maintaining a house means you have a higher level of financial diligence.
• Drivers Ed for Students – Cut your cost by having your teen driver participate in a local driver’s education class in school.
• Discounts for Responsible Drivers – Accident-free drivers could pay up to 40% less than less cautious drivers.
• Active Service Discounts – Having a family member in the military can result in better prices.
• Savings for New Vehicles – Buying a new car model can cost up to 25% less due to better safety requirements for newer models.
• One Accident Forgiven – This isn’t a discount exactly, but some companies like Liberty Mutual, GEICO and Allstate will forgive one accident before your rates go up as long as you don’t have any claims for a particular time prior to the accident.
• Save with More Vehicles Insured – Buying a policy with all your vehicles with the same company can reduce the rates for all insured vehicles.

Consumers should know that some of the credits will not apply to your bottom line cost. Most only cut the cost of specific coverages such as liability and collision coverage. So even though it sounds like having all the discounts means you get insurance for free, insurance companies wouldn’t stay in business.

The information below visualizes the comparison of Chevy Silverado 2500HD insurance costs with and without discounts. The premium estimates are based on a female driver, no claims, a clean driving record, Missouri state minimum liability limits, comprehensive and collision 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, claim-free, marriage, safe-driver, homeowner, and multi-car discounts applied.

Companies and the discounts they provide are outlined below.

• AAA offers discounts including good student, multi-car, education and occupation, anti-theft, and good driver.
• Progressive may include discounts for multi-vehicle, online signing, multi-policy, online quote discount, and continuous coverage.
• State Farm offers premium reductions for multiple policy, multiple autos, defensive driving training, driver’s education, good student, and Drive Safe & Save.
• Esurance may have discounts that include defensive driver, Pac-12 alumni, good driver, renters, multi-car, and Switch & Save.
• Nationwide may offer discounts for easy pay, accident-free, good student, business or organization, anti-theft, and Farm Bureau membership.

When getting a coverage quote, ask each company or agent how many discounts you can get. Some of the earlier mentioned discounts may not apply to policyholders everywhere.

Final considerations

Budget-conscious Chevy Silverado 2500HD insurance can be found on the web in addition to many Kansas City insurance agents, and you should compare rates from both in order to have the best price selection to choose from. Some companies may not offer price quotes online and many times these regional carriers prefer to sell through independent agencies.

In this article, we presented a lot of tips how to shop for Chevy Silverado 2500HD insurance online. The key concept to understand is the more rate comparisons you have, the higher the chance of saving money. Consumers may even find the best price on auto insurance is with an unexpected company. These companies can often insure niche markets at a lower cost than the large multi-state companies such as Allstate, GEICO and Progressive.

Additional detailed information can be read in these articles:

• Five Tips to Save on Auto Insurance (Insurance Information Institute)
• How Much are Kansas City Car Insurance Rates for Unemployed Drivers? (FAQ)
• Who Has Cheap Kansas City Auto Insurance Quotes for a Ford Escape? (FAQ)
• Who Has Cheap Car Insurance Quotes for First-time Drivers in Kansas City? (FAQ)
• Who Has the Cheapest Car Insurance Quotes for Teenagers in Kansas City? (FAQ)
• Who Has Affordable Kansas City Car Insurance for Ride Shares? (FAQ)
• Who Has Affordable Auto Insurance for 16 Year Olds in Kansas City? (FAQ)
• Medical Payments Coverage (Liberty Mutual)
• Five Mistakes to Avoid (Insurance Information Institute)