Cheapest Chevy Silverado 2500HD Insurance in Nashville

To save the most money, the best way to get low-cost car insurance rates in Nashville is to compare prices at least once a year from insurance carriers that sell auto insurance in Tennessee. Prices can be compared by following these steps.

Step 1: Learn about auto insurance and the things you can change to keep rates down. Many rating factors that cause rate increases such as traffic citations, accidents, and a substandard credit score can be rectified by making minor changes to your lifestyle. Later in this article we will cover more details to prevent high rates and get additional discounts that may have been overlooked.

Step 2: Compare prices from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can give quotes from a single company like Progressive or Farmers Insurance, while agents who are independent can quote prices from multiple sources.

Step 3: Compare the price quotes to your current policy to see if a cheaper rate is available in Nashville. If you can save money and switch companies, verify that coverage does not lapse between policies.

Step 4: Give notification to your agent or company to cancel your current policy. Submit a down payment and signed policy application for your new coverage. Once the paperwork is finalized, place your new certificate verifying proof of insurance with your vehicle’s registration.

A good piece of advice is that you’ll want to compare similar coverage information on each price quote and and to get rates from as many companies as you can. This provides an accurate price comparison and many rates to choose from.

Astonishing but true, almost 70% of drivers kept their policy with the same company for a minimum of four years, and nearly the majority have never compared quotes from other companies. Nashville drivers could save as much as $500 each year by just shopping around, but they just don’t understand the big savings they would realize if they switched to a cheaper policy.

Best companies for Chevy Silverado 2500HD insurance

The providers in the list below are ready to provide free rate quotes in Tennessee. To buy the best cheap car insurance in TN, it’s a good idea that you visit two to three different companies in order to get a fair rate comparison.

Data for Chevy Silverado 2500HD insurance

The table shown below outlines detailed analysis of insurance coverage prices for Chevy Silverado 2500HD models. Learning a little about how policy rates are formulated can help guide drivers when making decisions on which insurance to purchase.

Premium data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, homeowner, and multi-policy. Rate information does not factor in zip code location which can increase or decrease premium rates significantly.

Deductible analysis

One common question asked by Nashville drivers is which comprehensive and collision deductibles to buy. The comparisons below outline the differences in price when you select higher and lower deductibles. The first set of prices uses a $250 deductible for comp and collision and the second price chart uses a $500 deductible.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, claim-free, and safe-driver. Rate quotes do not factor in specific Nashville garaging location which can decrease or increase rates greatly.

We can derive from the above data that using a $250 deductible costs approximately $15 more each month or $180 for a full year than buying the higher $500 deductible. Because you would pay $250 more to settle a claim with a $500 deductible as compared to a $250 deductible, if you normally go at least 17 months between claim filings, you would save money if you choose a higher deductible.

One important caveat is that increasing deductibles to save money means you will have to pay more out-of-pocket at claim time. You must have some extra funds in the event you have to pay the deductible to have repairs made.

Poor driving habits will raise your insurance rates

The information below shows how violations and at-fault accidents can drive up Chevy Silverado 2500HD insurance costs for each different age category. The costs are based on a single male driver, full physical damage coverage, $250 deductibles, and no other discounts are factored in.

Chevrolet Silverado 2500HD insurance premiums by gender

The example below shows the difference between Chevy Silverado 2500HD insurance rates for male and female drivers. The information is based on no driving violations, no at-fault accidents, full physical damage coverage, $250 deductibles, drivers are single, and no additional discounts are factored in.

Does it make sense to buy full coverage?

The diagram below compares Chevy Silverado 2500HD insurance prices when comparing full coverage to state minimum liability only. The data is based on no violations or accidents, $500 deductibles, drivers are not married, and no policy discounts are applied.

Are you wasting money paying for full coverage?

There isn’t a steadfast formula of when to phase out comp and collision coverage, but there is a general school of thought. If the yearly cost for physical damage coverage is 10% or more of replacement cost minus your deductible, then it might be time to consider dropping full coverage.

For example, let’s pretend your Chevy Silverado 2500HD replacement cost is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most your company will settle for is $3,000 after paying your deductible. If it’s costing in excess of $300 annually to have full coverage, then you might consider buying liability only.

There are a few situations where only buying liability is not recommended. If you still have a loan on your vehicle, you have to keep full coverage in order to keep the loan. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should keep full coverage on your policy.

These discounts can lower your car insurance quotes

Some providers do not advertise every discount in an easy-to-find place, so the next list breaks down both the well known as well as the least known discounts that you may qualify for.

• Active Service Discounts – Being deployed in the military could trigger a small discount.
• Driver Training Discounts – Participating in a defensive driving class could possibly earn you a 5% discount and easily pay for the cost of the class.
• Pay Early and Save – If you can afford to pay the entire bill instead of monthly or quarterly installments you could save 5% or more.
• Save with a New Car – Insuring a vehicle that is new can be considerably cheaper because new model year vehicles have to meet stringent safety requirements.
• Accident Free – Good drivers with no accidents can earn big discounts in comparison to drivers who are more careless.
• Discounts for Safe Drivers – Accident-free drivers may save up to 50% more compared to rates paid by drivers with frequent claims.

It’s important to understand that most of the big mark downs will not be given to the entire policy premium. Most only reduce individual premiums such as comprehensive or collision. Just because you may think you would end up receiving a 100% discount, it’s just not the way it works.

The illustration below compares Chevy Silverado 2500HD insurance rates with and without discounts applied to the policy premium. The premiums are based on a male driver, a clean driving record, no claims, Tennessee 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 safe-driver, marriage, multi-policy, homeowner, multi-car, and claim-free discounts applied.

Larger car insurance companies and the discounts they provide are detailed below.

• State Farm may offer discounts for student away at school, good driver, defensive driving training, passive restraint, and safe vehicle.
• Esurance includes discounts for multi-car, multi-policy, online quote, good student, defensive driver, and Switch & Save.
• Progressive has discounts for multi-vehicle, online signing, good student, homeowner, continuous coverage, and multi-policy.
• Liberty Mutual may have discounts that include new vehicle discount, new graduate, preferred payment discount, exclusive group savings, and newly married.
• Auto-Owners Insurance offers premium reductions for safe driver, anti-theft, multiple vehicles, multi-policy, paid in full, and teen driver.
• GEICO has savings for driver training, military active duty, anti-theft, defensive driver, anti-lock brakes, federal employee, and multi-policy.

If you need lower rates, check with every insurance company which discounts you qualify for. Some discounts may not be offered in Nashville.

How You Can Control Chevy Silverado 2500HD Insurance Prices

Lots of factors are taken into consideration when pricing auto insurance. Some are obvious like a motor vehicle report, although others are less apparent such as whether you are married or how financially stable you are.

Safer the car lower the rate – Cars with high safety ratings tend to have better insurance rates. These vehicles help reduce the chance of injuries in an accident and lower rates of occupant injuries translates into fewer and smaller insurance claims and lower rates for you. If your Chevy Silverado 2500HD has ratings of a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you are probably receiving a discount.

With age comes lower prices – Mature drivers are proven to be safer behind the wheel, file fewer claims, and get fewer tickets. Teen drivers tend to be less responsible with other occupants in the car therefore insurance rates are much higher.

The next chart assumes a single driver, full coverage with $1000 deductibles, and no discounts or violations.

Combine home and auto and save – Most major companies provide a discount to policyholders that purchase more than one policy such as combining an auto and homeowners policy. Discounts can amount to as much as ten percent or more If you currently are using one company, it’s always a smart idea to get quotes from other companies to verify if the discount is saving money.

Performance makes a difference – The performance of the car you need to insure makes a huge difference in your auto insurance rates. The most favorable rates are for low performance passenger cars, but the final cost of insurance is determined by many other factors.

The following data uses these assumptions: single male driver age 20, full coverage with $250 deductibles, and no discounts or violations. It compares Chevrolet Silverado 2500HD rates compared to other vehicles that have a range of performance risks.

Filing claims can cost you – Car insurance companies in Tennessee award cheaper rates to policyholders who are claim-free. If you file claims often, you can pretty much guarantee either higher rates or even cancellation. Insurance coverage is intended for major claims that would cause financial hardship.

What if I want to buy from local Nashville insurance agents?

Some people would rather buy from a local agent and that can be a great decision A nice benefit of comparing rate quotes online is that drivers can save money and get cheap car insurance quotes but also keep your business local. And supporting neighborhood agents is still important in Nashville.

After filling out this simple form, your insurance data is sent to agents in your area who will give competitive quotes for your insurance coverage. You won’t need to find an agent on your own since price quotes are sent straight to your inbox. You can find lower rates and an insurance agent to talk to. In the event you want to quote rates from a specific insurance company, just jump over to their website and fill out their quote form.

Pick the best car insurance agent in Nashville for you

When researching a good insurance agency, it helps to know the two types of insurance agents and how they differ in how they quote coverages. Car insurance agents can either be exclusive agents or independent agents.

Independent Car Insurance Agents (or Brokers)

Agents that choose to be independent are appointed with more than one company so they have the ability to put coverage with many different companies and find you the best rates. If they find a lower price, they simply move the coverage in-house and you don’t have to do anything. When searching for an agent, you definitely need to get insurance quotes from a couple of independent agencies to have the most options to choose from. Many write coverage with small mutual carriers that may provide cheaper car insurance rates.

Shown below is a small list of independent insurance agents in Nashville that may be able to give you free price quotes.

• Chamberlain Insurance Agency
  4741 Trousdale Dr #104 – Nashville, TN 37220 – (615) 922-2317 – View Map
• Manning Agency
  104 Woodmont Blvd – Nashville, TN 37205 – (615) 383-6700 – View Map
• Varallo Insurance Agency
  296 White Bridge Pike – Nashville, TN 37209 – (615) 352-5747 – View Map

More Nashville agents

Exclusive Insurance Agencies

Agents that choose to be exclusive normally can only provide a single company’s rates such as State Farm, AAA, Farmers Insurance or Allstate. Exclusive agencies are unable to provide prices from multiple companies so they really need to provide good service. Exclusive agents are trained well on their company’s products which helps them sell on service rather than price. Some people will only buy from exclusive agents mainly due to the brand legacy rather than low rates.

Shown below are Nashville exclusive agents who can help you get price quotes.

• Phil Hardeman – State Farm Insurance Agent
  3708 Nolensville Rd c – Nashville, TN 37211 – (615) 832-0630 – View Map
• Cheryl Crewse – State Farm Insurance Agent
  15582 Old Hickory Blvd – Nashville, TN 37211 – (615) 831-1800 – View Map
• Holly Williams – State Farm Insurance Agent
  8010 TN-100 – Nashville, TN 37221 – (615) 662-1551 – View Map

More Nashville agents

Picking an insurance agency should depend on more than just a cheap price. Some important questions to ask are:

• Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
• Are there any extra charges for paying monthly?
• Are they primarily personal or commercial lines agents in Nashville?
• Do you need full coverage on every vehicle?
• Has the agent ever had any license suspensions?
• What will you get paid if your car is a total loss? How is that amount determined?
• If independent agents, which companies do they recommend?

Upon receiving good responses for all questions you ask as well as a affordable price, it’s possible that you found a car insurance agent that meets your needs to properly service your car insurance policy. Just understand that you have the power to cancel coverage for any reason so never assume that you are permanently stuck with your new company with no way to switch.

Cheap coverage is out there

There are still a few companies who do not offer the ability to get quotes online and most of the time these smaller providers provide coverage only through local independent agents. Low-cost Chevy Silverado 2500HD insurance in Nashville can be found both online and also from your neighborhood Nashville agents, so you need to compare both to get a complete price analysis.

Consumers who switch companies do it for any number of reasons including lack of trust in their agent, being labeled a high risk driver, policy cancellation and even poor customer service. Regardless of your reason, switching companies is pretty easy and you might even save some money in the process.

As you go through the steps to switch your coverage, never skimp on critical coverages to save a buck or two. There are many occasions where drivers have reduced collision coverage only to regret at claim time that it was a big error on their part. The aim is to buy the best coverage you can find at the best price while not skimping on critical coverages.

More information

• If I File a Claim will My Insurance Go Up? (Insurance Information Institute)
• Who Has Affordable Nashville Car Insurance Rates for a Chevrolet Equinox? (FAQ)
• Who Has the Cheapest Nashville Auto Insurance Rates for Drivers Over Age 70? (FAQ)
• What Auto Insurance is Cheapest for Uninsured Drivers in Nashville? (FAQ)
• How Much is Car Insurance for Welfare Recipients in Nashville? (FAQ)
• Vehicle Insurance (Wikipedia)
• Preventing Carjacking and Theft (Insurance Information Institute)