Cheap Insurance for a Chevy Silverado 3500HD in Bakersfield

If your goal is the lowest price, then the best way to find affordable auto insurance rates is to start comparing prices regularly from different companies who sell insurance in Bakersfield.

Step 1: Get a basic knowledge of how auto insurance works and the measures you can take to lower rates. Many things that are responsible for high rates like high-risk driving behaviors and poor credit history can be controlled by making minor changes in your lifestyle. This article provides the details to find cheap prices and get bigger discounts that may have been overlooked.

Step 2: Compare rates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only give rate quotes from one company like GEICO and Allstate, while independent agents can provide rate quotes from many different companies. Select a company

Step 3: Compare the new quotes to your current policy to see if a cheaper rate is available in Bakersfield. If you can save some money and make a switch, ensure there is no coverage lapse between policies.

Step 4: Provide adequate notice to your current company of your intent to cancel the current policy and submit a completed application and payment for the new policy. As soon as you receive it, store the certificate verifying proof of insurance in an easily accessible location.

An important bit of advice to remember is to try to compare the same coverage limits and deductibles on each quote and and to compare as many different insurance providers as possible. This provides an apples-to-apples comparison and a complete rate analysis.

It goes without saying that car insurance companies want to keep you from comparing prices. Drivers who compare rates at least once a year are very likely to switch auto insurance companies because there is a high probability of finding lower rate quotes. A recent survey revealed that drivers who regularly compared rates saved $70 a month compared to people who never compared rates.

If finding the lowest rates on auto insurance in Bakersfield is your objective, then learning a little about how to quote and compare auto insurance can save time and make the process easier.

Choosing the most cost-effective auto insurance policy in Bakersfield seems hard but is not really that difficult. If you have insurance now or just want cheaper coverage, you can use this information to shop for the lowest rates without sacrificing coverage. Smart buyers just need to understand the most time-saving way to compare different rates on the web.

Most major insurance companies like State Farm and Allstate provide pricing from their websites. Getting quotes for Chevy Silverado 3500HD insurance in Bakersfield is pretty easy as you just enter the amount of coverage you want into the form. Upon sending the form, their rating system makes automated requests for your driving record and credit report and generates a price based on the data you entered.

Getting online rates for Chevy Silverado 3500HD insurance in Bakersfield streamlines rate comparisons, and it’s very important to get many rate quotes if you want to find the most affordable possible premiums on car insurance.

In order to use this form to compare rates, compare quotes from the companies shown below. If you currently have coverage, we recommend you copy coverages and limits exactly as shown on your declarations page. Doing this assures you’re receiving an apples-to-apples comparison for similar coverage.

The companies shown below provide quotes in Bakersfield, CA. If several companies are displayed, we suggest you visit as many as you can in order to find the most affordable rates.

Auto insurance statistics for a Chevy Silverado 3500HD

The table displayed next showcases different policy rates for Chevy Silverado 3500HD models. Having a good grasp of how rates are determined can assist in making informed decisions when comparing rates.

Prices based on married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, multi-policy, and homeowner. Price information does not factor in vehicle garaging location which can change price quotes greatly.

Can higher deductibles save money?

The hardest decision when buying coverage is how high or low should comp and collision deductibles be. The comparisons below show the rate fluctuation when you select higher and lower insurance deductibles. The first pricing table uses a $250 physical damage deductible and the second pricing table uses a $500 deductible.

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

Based on this data, using a $250 deductible will cost in the ballpark of $21 more each month or $252 annually than choosing the higher $500 deductible. Since the policyholder would be required to pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you have at a minimum 12 months between claim filings, you would come out ahead by going with a higher deductible.

Poor driving habits will raise your auto insurance rates

The diagram below illustrates how violations and at-fault collisions impact Chevy Silverado 3500HD insurance costs for each age group. The data assumes a single male driver, full physical damage coverage, $500 deductibles, and no discounts are taken into consideration.

Chevrolet Silverado 3500HD insurance premiums by gender and age

The illustration below shows the comparison of Chevy Silverado 3500HD car insurance costs for male and female drivers. The premiums assume no accidents, no driving violations, full coverage, $250 deductibles, drivers are not married, and no discounts are applied to the premium.

Do you need full coverage?

The information below shows the difference between Chevy Silverado 3500HD yearly insurance costs with and without physical damage coverage. The premiums assume no claims or violations, $100 deductibles, marital status is single, and no discounts are factored in.

Are you wasting money paying for full coverage?

There is no exact formula of when to exclude full coverage, but there is a guideline you can consider. If the annual cost of having full coverage is about 10% or more of replacement cost minus your deductible, then it may be the right time to buy liability only.

For example, let’s assume your Chevy Silverado 3500HD claim settlement value is $9,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $8,000 after paying your deductible. If you are paying more than $800 a year for full coverage, then it might be time to consider dropping full coverage.

There are some conditions where dropping physical damage coverage is not recommended. If you still have a loan on your vehicle, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you don’t have enough money to buy a different vehicle in the even your car is totaled, you should not buy liability only.

Choosing the best Silverado 3500HD insurance in California is an important decision

Even though Bakersfield Silverado 3500HD insurance rates can get expensive, maintaining insurance is most likely required but also gives you several important benefits.

• Just about all states have compulsory liability insurance requirements which means it is punishable by state law to not carry a specific minimum amount of liability insurance if you don’t want to risk a ticket. 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.
• If your Chevy Silverado 3500HD has a lienholder, most banks will stipulate that you have full coverage to ensure loan repayment if the vehicle is totaled. If you do not keep the policy in force, the bank may insure your Chevy at a much higher rate and force you to pay the higher premium.
• Insurance protects not only your Chevy but also your financial assets. It will also pay for medical expenses that are the result of an accident. One of the most valuable coverages, liability insurance, also covers legal expenses if you are sued as the result of your driving. If your vehicle suffers damage from an accident or hail, collision and comprehensive (also known as other-than-collision) coverage will cover the repair costs.

The benefits of carrying adequate insurance outweigh the cost, especially for larger claims. On average, a vehicle owner in Bakersfield is overpaying over $865 each year so you should quote and compare rates at every policy renewal to save money.

Insurance coverages and their meanings

Having a good grasp of a insurance policy aids in choosing which coverages you need and the correct deductibles and limits. Policy terminology can be difficult to understand and nobody wants to actually read their policy.

Liability auto insurance

Liability insurance protects you from damage that occurs to a person or their property by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 15/30/5 which stand for $15,000 bodily injury coverage, a per accident bodily injury limit of $30,000, and a limit of $5,000 paid for damaged property.

Liability insurance covers claims such as pain and suffering, repair bills for other people’s vehicles, funeral expenses, attorney fees and medical expenses. How much coverage you buy is your choice, but buy as high a limit as you can afford. California requires drivers to carry at least 15/30/5 but drivers should carry better liability coverage.

The chart below demonstrates why minimum state limits may not be high enough to cover claims.

Comprehensive insurance

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like a broken windshield, rock chips in glass and theft. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. This coverage pays for injuries to you and your family and also any damage incurred to your Chevy Silverado 3500HD.

Due to the fact that many California drivers carry very low liability coverage limits (which is 15/30/5), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Coverage for medical expenses

Med pay and PIP coverage provide coverage for short-term medical expenses for chiropractic care, funeral costs and hospital visits. They are often utilized in addition to your health insurance program or if you lack health insurance entirely. They cover all vehicle occupants and will also cover getting struck while a pedestrian. PIP is not universally available and gives slightly broader coverage than med pay

Collision insurance

This will pay to fix damage to your Silverado 3500HD resulting from a collision with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like crashing into a building, crashing into a ditch, driving through your garage door, sustaining damage from a pot hole and colliding with a tree. This coverage can be expensive, so consider dropping it from vehicles that are older. Another option is to raise the deductible on your Silverado 3500HD to bring the cost down.

What is the best auto insurance company in California?

Ending up with the best car insurance company is hard considering how many different companies there are to choose from in Bakersfield. The ranking information in the next section can help you pick which companies you want to consider shopping your coverage with.

Top 10 Bakersfield Car Insurance Companies Ranked by Claims Service

1. AAA of Southern California
2. State Farm
3. Esurance
4. AAA Insurance
5. Progressive
6. Liberty Mutual
7. GEICO
8. Allstate
9. Titan Insurance
10. The Hartford

Top 10 Bakersfield 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+