It's safe to assume that insurance companies don't want their customers to go rate shopping. Insureds who rate shop once a year are highly likely to buy a different policy because the odds are good of finding a lower-priced company. A recent car insurance study discovered that people who shopped around every year saved an average of $72 a month as compared to drivers who don't regularly compare prices.
If finding discount rates on car insurance in Oklahoma City is your ultimate objective, then having an understanding of how to get free comparison quotes and analyze cheaper coverage can make it easier for you to save money.
To save the most money, the best way to get discount Chevy Silverado insurance is to annually compare prices from insurance carriers who sell insurance in Oklahoma City. You can compare rates by following these steps.
Step 1: Try to learn about coverages and the things you can change to prevent high rates. Many rating factors that increase rates such as careless driving and an unfavorable credit rating can be improved by improving your driving habits or financial responsibility. Continue reading for the details to prevent high rates and find overlooked discounts.
Step 2: Request price quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can give quotes from one company like Progressive and State Farm, while agents who are independent can provide price quotes from multiple sources.
Step 3: Compare the new rates to the premium of your current policy and see if there is a cheaper rate. If you can save money and decide to switch, ensure there is no coverage lapse between policies.
Step 4: Notify your agent or company to cancel your current car insurance policy. Submit a completed policy application and payment to the new insurer. Once coverage is bound, store the proof of insurance certificate in your vehicle's glove compartment or console.
A good piece of advice is to try to compare similar coverage information on each quote request and and to get rate quotes from as many different insurance providers as possible. Doing this helps ensure the most accurate price comparison and a complete price analysis.
Quoting the most affordable protection in Oklahoma City can be fairly easy. If you are already insured or just want cheaper coverage, you can use these tips to lower your rates and still get good coverage. Drivers just need to understand the tricks to quote multiple rates online.
Best companies for Chevy Silverado insurance
The providers in the list below are ready to provide free rate quotes in Oklahoma City, OK. If the list has multiple companies, we recommend you visit two to three different companies to find the most affordable car insurance rates.
Rates and detailed analysis
The premium table shown next highlights detailed analysis of policy rates for Chevy Silverado models. Having knowledge of how car insurance premiums are established is important for making smart choices when purchasing an insurance policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Silverado LS Regular Cab 2WD||$296||$552||$614||$36||$184||$1,682||$140|
|Silverado LS Regular Cab 4WD||$296||$552||$542||$32||$162||$1,584||$132|
|Silverado LT Regular Cab 2WD||$340||$672||$614||$36||$184||$1,846||$154|
|Silverado LT Regular Cab||$340||$672||$614||$36||$184||$1,846||$154|
|Silverado LS Extended Cab 4WD||$340||$672||$542||$32||$162||$1,748||$146|
|Silverado LT Extended Cab 4WD||$340||$672||$542||$32||$162||$1,748||$146|
|Silverado LT Extended Cab 2WD||$340||$672||$614||$36||$184||$1,846||$154|
|Silverado LS Extended Cab 2WD||$340||$672||$614||$36||$184||$1,846||$154|
|Silverado LT Crew Cab 4WD||$384||$792||$542||$32||$162||$1,912||$159|
|Silverado LS Crew Cab 2WD||$384||$792||$614||$36||$184||$2,010||$168|
|Silverado LS Crew Cab 4WD||$384||$792||$542||$32||$162||$1,912||$159|
|Silverado LT Crew Cab 2WD||$384||$792||$614||$36||$184||$2,010||$168|
|Silverado LTZ Extended Cab 2WD||$384||$792||$614||$36||$184||$2,010||$168|
|Silverado LTZ Extended Cab 4WD||$384||$792||$542||$32||$162||$1,912||$159|
|Silverado LTZ Crew Cab 2WD||$384||$792||$614||$36||$184||$2,010||$168|
|Silverado LTZ Crew Cab 4WD||$384||$792||$542||$32||$162||$1,912||$159|
|Silverado Crew Cab Hybrid 2WD||$384||$912||$542||$32||$162||$2,032||$169|
|Silverado Crew Cab Hybrid 4WD||$428||$912||$542||$32||$162||$2,076||$173|
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Prices above based on single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Oklahoma minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Estimates do not factor in garaging location in Oklahoma City which can alter price quotes greatly.
The information below demonstrates how choosing different deductibles and can affect Chevy Silverado insurance costs for each age group. The price estimates are based on a married male driver, full coverage, and no additional discounts are factored in.
Reckless driving habits raise car insurance rates
The chart below illustrates how speeding tickets and at-fault fender-benders increase Chevy Silverado insurance rates for different age groups of insureds. The costs are based on a married female driver, full coverage, $500 deductibles, and no discounts are applied.
Chevrolet Silverado insurance premiums by gender and age
The illustration below shows the difference between Chevy Silverado car insurance costs for male and female drivers. The premium estimates are based on no tickets, no at-fault accidents, full coverage, $500 deductibles, single marital status, and no discounts are applied to the premium.
Affordable rates on Chevy Silverado insurance in Oklahoma City with these car insurance discounts
Not many people think insurance is cheap, but there may be some discounts that you may not even be aware of. Some discounts apply automatically when you purchase, but a few must be asked about prior to receiving the credit.
- New Vehicle Savings - Putting insurance on a new Silverado is cheaper due to better safety requirements for new model year vehicles.
- No Charge for an Accident - This one isn't a discount, but certain companies will allow you to have one accident before raising your premiums with the catch being you have to be claim-free for a set time period.
- Claim-Free Discount - Insureds who avoid accidents and claims have much lower rates in comparison with drivers who are more careless.
- Save over 55 - If you qualify as a senior citizen, you may receive a small decrease in premiums.
- Defensive Driving Course - Participating in a course teaching defensive driver skills could possibly earn you a 5% discount if you qualify.
- Drivers Education - Teen drivers should successfully complete driver's ed class if it's offered in school.
- Professional Organizations - Participating in a qualifying organization could earn you a nice discount on your policy.
- Home Ownership Discount - Just owning your own home may earn you a small savings since owning and maintaining a home requires a higher level of personal finance.
- Paperless Signup - A few companies will give a small break for buying your policy digitally online.
A little disclaimer on discounts, most discounts do not apply to the whole policy. Most only reduce the price of certain insurance coverages like liability, collision or medical payments. So when it seems like all the discounts add up to a free policy, it doesn't quite work that way. But any discount should help reduce the cost of coverage.
The example below visualizes the comparison of Chevy Silverado annual premium costs with and without discounts applied to the policy premium. The premiums are based on a female driver, a clean driving record, no at-fault accidents, Oklahoma state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, homeowner, safe-driver, multi-policy, and marriage discounts applied.
If you would like to choose from a list of insurance companies with significant discounts in Oklahoma, click this link.
Why Informed Consumers Pay Less for Chevy Silverado Insurance
One of the most helpful ways to save on insurance is to to have a grasp of the different types of things that are used to determine the rates you pay for insurance. When you know what positively or negatively determines base rates, this enables informed choices that may reward you with lower premium levels. Lots of things are used in the calculation when premium rates are determined. Some of the criteria are obvious such as your driving history, but other factors are less apparent like your continuous coverage or how financially stable you are.
Lower rates for married couples - Walking down the aisle helps lower the price on your insurance bill. Having a spouse is viewed as being more mature and responsible and insurance companies reward insureds because married drivers get in fewer accidents.
Employer impacts rates - Occupations like doctors, architects, and miners usually pay higher premiums than the average policyholder attributed to intense work requirements and lengthy work days. On the other hand, careers like professors, athletes and the unemployed pay the least.
Insurance policy lapses lead to higher insurance rates - Having a gap between insurance policy dates can be a fast way to increase your insurance rates. In addition to paying higher rates, getting caught without coverage could result in a revoked license or a big fine.
Location can modify price - Living in small towns and rural areas has it's advantages if you are looking for the lowest rates. Less people means less chance of accidents as well as less vandalism and auto theft. Drivers who live in large Oklahoma cities have traffic congestion and longer commute times. Spending more time driving can result in more accidents.
Performance influences rates - The performance level of the car you need insurance for makes a significant difference in determining your rates. Lower cost passenger models receive the most favorable rates, but other factors influence the final cost greatly.
The following data assumes a married female driver age 50, full coverage with $1000 deductibles, and no discounts or violations. It illustrates Chevrolet Silverado policy rates compared to other models of vehicles that have different performance rating factors.
Insurance loss statistics a Chevy Silverado - Companies factor in insurance loss information to help determine the price you pay. Models that the data shows to have increased losses will cost more for coverage.
The table below outlines the collected loss data for Chevy Silverado vehicles. For each coverage type, the loss probability for all vehicles, regardless of make or model, equals 100. Percentage values below 100 indicate better than average losses, while percentages above 100 indicate more frequent claims or statistically larger claims.
|Vehicle Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Chevrolet Silverado 1500 2WD||76||118||85||78||69||125|
|Chevrolet Silverado 1500 4WD||60||76||72||54|
|Chevrolet Silverado 1500 Crew Cab 2WD||89||103||131||77||70||94|
|Chevrolet Silverado 1500 Crew Cab 4WD||96||105||116||57||57||87|
|Chevrolet Silverado 1500 Ext Cab 2WD||90||126||100||88||85||117|
|Chevrolet Silverado 1500 Ext Cab 4WD||84||98||89||60||60||88|
|Chevrolet Silverado 2500 2WD||60||65|
|Chevrolet Silverado 2500 4WD||66||97||66|
|Chevrolet Silverado 2500 Crew Cab 2WD||76||127||65|
|Chevrolet Silverado 2500 Crew Cab 4WD||88||114||97||45||42||82|
|Chevrolet Silverado 2500 Ext Cab 2WD||80||54|
|Chevrolet Silverado 2500 Ext Cab 4WD||79||105||83||37||43||75|
|Chevrolet Silverado 3500 4WD||65|
|Chevrolet Silverado 3500 Crew Cab 4WD||98||127||108||54||39||76|
|Chevrolet Silverado 3500 Ext Cab 4WD||129||127|
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
What is the best insurance coverage?
When buying the right insurance coverage for your vehicles, there really isn't a single plan that fits everyone. Everyone's situation is unique.
These are some specific questions can aid in determining if you would benefit from an agent's advice.
- Can I drive in Mexico and have coverage?
- Am I insured when driving a different vehicle?
- What is PIP insurance?
- Which companies are cheaper for teen drivers?
- Can I insure my car for more than it's worth?
- What vehicles should carry emergency assistance coverage?
- Am I covered by my employer's commercial auto policy when driving my personal car for business?
- Are there any extra discounts I can get?
- What are good deductibles for a Chevy Silverado?
If you're not sure about those questions, you may need to chat with a licensed insurance agent. To find an agent in your area, complete this form. It's fast, doesn't cost anything and can provide invaluable advice.
When to get advice from an insurance agent
Many people would prefer to sit down and talk to an agent and we recommend doing that Professional agents can help you build your policy and help you file claims. An additional benefit of price shopping on the web is that you can find the best rates and also buy local. Supporting local agents is important especially in Oklahoma City.
To help locate an agent, after submitting this short form, your coverage information is submitted to participating agents in Oklahoma City who will gladly provide quotes and help you find cheaper coverage. You never need to leave your house because quoted prices will be sent straight to your inbox. In the event you want to compare rates for a specific company, don't hesitate to jump over to their website and give them your coverage information.
If you are wanting to find a local insurance agency, you should know the types of agencies that you can choose from. Oklahoma City agents may be either independent or exclusive. Both sell affordable insurance policies, but it's a good idea to understand how they are different since it can impact your agent selection.
Independent Insurance Agencies or Brokers
Agents of this type often have many company appointments so as a result can place your coverage through many companies enabling the ability to shop coverage around. If they find a lower price, the business is moved internally and you don't have to switch agencies. If you are trying to find cheaper rates, you absolutely need to compare prices from at a minimum one independent agency so that you have a good selection of quotes to compare. They often place coverage with smaller regional carriers which could offer lower prices.
The following is a short list of independent agents in Oklahoma City that may be able to provide cheap rate quotes.
- Courtesy Insurance Agency
324 W Hefner Rd - Oklahoma City, OK 73114 - (405) 755-4571 - View Map
- AIM Insurance Agency LLC
3200 N May Ave - Oklahoma City, OK 73112 - (405) 949-9977 - View Map
- Insurance Center Agency Inc
Union Plaza, 5600 N May Ave #300 - Oklahoma City, OK 73112 - (405) 843-0793 - View Map
Agents that elect to be exclusive are contracted to one company and examples are State Farm or Allstate. They generally cannot give you multiple price quotes so they have to upsell other benefits. They are well trained on their company's products which helps them sell on service rather than price. Consumers often use the same exclusive agent partially due to the prominence of the brand and solid financial strength.
The following is a short list of exclusive insurance agencies in Oklahoma City willing to provide price quotes.
- Ed Dater - State Farm Insurance Agent
6700 S Western Ave - Oklahoma City, OK 73139 - (405) 634-0504 - View Map
- Marcia Corcoran - State Farm Insurance Agent
3135 NW 63rd St b - Oklahoma City, OK 73116 - (405) 848-8878 - View Map
- Shelter Insurance - Paul Michael
8320 S Western Ave - Oklahoma City, OK 73139 - (405) 632-2751 - View Map
Finding the right insurance agency requires you to look at more than just a low price. Any agent in Oklahoma City should have no problem answering these questions:
- Will they make sure you get an adequate claim settlement?
- Are they involved in claim handling?
- Can glass repairs be made at your home?
- What are their preferred companies if they are an independent agency?
- Is vehicle damage repaired with OEM or aftermarket parts?
- Will you work with the agent or an assistant?
- What discounts might you be missing?
- How often do they review coverages?
You can find cheap coverage
There are still a few companies who do not provide online rate quotes and these smaller providers prefer to sell through independent insurance agents. More affordable auto insurance in Oklahoma City is possible both online in addition to many Oklahoma City insurance agents, and you should compare rates from both to get a complete price analysis.
People leave their current company for any number of reasons including being labeled a high risk driver, poor customer service, denial of a claim and even unfair underwriting practices. It doesn't matter what your reason, switching companies can be less work than you think.
When trying to cut insurance costs, do not buy lower coverage limits just to save a few bucks. There are many occasions where someone dropped full coverage and found out when filing a claim they didn't have enough coverage. Your strategy should be to get the best coverage possible for the lowest cost while not skimping on critical coverages.
More detailed auto insurance information can be read at these sites:
- What is Covered by GAP Insurance? (Allstate)
- Who Has Cheap Auto Insurance Rates for Low Credit Scores in Oklahoma City? (FAQ)
- What Auto Insurance is Cheapest for Retired Military in Oklahoma City? (FAQ)
- Who Has Affordable Oklahoma City Car Insurance for Uber Drivers? (FAQ)
- Who Has Affordable Oklahoma City Auto Insurance for 16 Year Olds? (FAQ)
- How Much Auto Coverage do I Need? (Insurance Information Institute)
- Steps to Take After an Auto Accident (Insurance Information Institute)
- Teen Driving and Texting (State Farm)