Do you want to learn how to find more affordable Chevy Silverado insurance in Rochester? Being forced to pay for high-priced car insurance premiums can bottom out your personal savings and require stricter spending habits. Comparing rates annually is free, only takes a few minutes, and is a good way to cut your insurance bill.
Unthinkable but true, most car insurance customers have bought car insurance from the same company for at least the last four years, and 38% of drivers have never shopped around. Rochester insurance shoppers can save hundreds of dollars each year, but they don't want to take the time to shop their coverage around. Online insurance companies like Allstate, Progressive and GEICO persitently shower you with fancy advertisements and consumers find it hard to sift through the bull and take the time to shop coverage around.
You should make it a habit to do rate comparisons on a regular basis since prices fluctuate regularly. Even if you got the lowest rates on Chevy Silverado insurance in Rochester a year ago there is a good chance you can find better rate quotes now. Forget all the misinformation about car insurance because I'm going to teach you the easiest way to find better rates and still maintain coverage.
If you have a current insurance policy or just want to save money, you can use these tips to get lower rates while maximizing coverage. Finding the cheapest coverage in Rochester is quite easy if you know the best way to do it. Smart buyers just have to know the best way to compare price quotes on the web.
Low-cost companies for Chevy Silverado insurance in Minnesota
The companies in the list below can provide free quotes in Minnesota. If multiple companies are shown, it's highly recommended you click on several of them in order to find the most competitive rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Silverado LS Regular Cab 2WD||$128||$210||$366||$22||$110||$836||$70|
|Silverado LS Regular Cab 4WD||$102||$178||$298||$18||$90||$686||$57|
|Silverado LT Regular Cab 2WD||$146||$254||$366||$22||$110||$898||$75|
|Silverado LT Regular Cab||$130||$254||$406||$24||$122||$936||$78|
|Silverado LS Extended Cab 4WD||$210||$410||$298||$18||$90||$1,026||$86|
|Silverado LT Extended Cab 4WD||$146||$294||$412||$24||$124||$1,000||$83|
|Silverado LT Extended Cab 2WD||$234||$484||$406||$24||$122||$1,270||$106|
|Silverado LS Extended Cab 2WD||$172||$344||$406||$24||$122||$1,068||$89|
|Silverado LT Crew Cab 4WD||$166||$300||$324||$20||$96||$906||$76|
|Silverado LS Crew Cab 2WD||$204||$362||$370||$22||$110||$1,068||$89|
|Silverado LS Crew Cab 4WD||$220||$452||$384||$22||$114||$1,192||$99|
|Silverado LT Crew Cab 2WD||$156||$282||$370||$22||$110||$940||$78|
|Silverado LTZ Extended Cab 2WD||$298||$570||$366||$22||$110||$1,366||$114|
|Silverado LTZ Extended Cab 4WD||$190||$376||$428||$26||$128||$1,148||$96|
|Silverado LTZ Crew Cab 2WD||$268||$476||$366||$22||$110||$1,242||$104|
|Silverado LTZ Crew Cab 4WD||$194||$384||$358||$22||$108||$1,066||$89|
|Silverado Crew Cab Hybrid 2WD||$268||$550||$324||$20||$96||$1,258||$105|
|Silverado Crew Cab Hybrid 4WD||$298||$550||$324||$20||$96||$1,288||$107|
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Table data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Minnesota minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Prices do not factor in Rochester location which can decrease or increase premium rates significantly.
The illustration below illustrates how your choice of deductibles and can influence Chevrolet Silverado insurance costs for each different age group. The data is based on a single female driver, full physical damage coverage, and no policy discounts are applied.
How violations and accidents impact rates
The chart below demonstrates how speeding tickets and fender-benders impact Chevrolet Silverado insurance rates for different insured age categories. The premiums assume a single male driver, full physical damage coverage, $1,000 deductibles, and no discounts are applied.
Get discounts on Rochester auto insurance
Some providers don't list all possible discounts in an easy-to-find place, so we researched a few of the more well known and also the more inconspicuous discounts you could be receiving when you buy Rochester auto insurance online.
- Defensive Driver Discounts - Participating in a driver safety course could cut 5% off your bill depending on where you live.
- Onboard Data Collection - Insureds that choose to allow their insurance company to look at where and when they drive remotely such as In-Drive from State Farm or Allstate's Drivewise system may see discounts as long as the data is positive.
- Anti-theft Discount - Vehicles equipped with tracking devices and advanced anti-theft systems prevent vehicle theft and can earn a small discount on your policy.
- Include Life Insurance and Save - If the company offers life insurance, you could get a small discount if you purchase life insurance from them.
- Auto/Home Discount - If you insure your home and vehicles with the same insurance company you could get a discount of at least 10 to 15 percent or more.
Please keep in mind that some of the credits will not apply to the entire policy premium. Most only apply to the cost of specific coverages such as collision or personal injury protection. So when it seems like you would end up receiving a 100% discount, you aren't that lucky.
Some of the larger companies that may offer policyholders some of the discounts shown above include:
Before purchasing a policy, check with all companies you are considering which credits you are entitled to. Some discounts listed above might not be offered in every state. To find providers that offer many of these discounts in Rochester, click here to view.
Comparing rates from local Rochester insurance agencies
Many people still prefer to buy from a licensed agent and that is recommended in a lot of cases Experienced insurance agents can help determine the best coverages and help file insurance claims. An additional benefit of getting online price quotes is that drivers can save money and get lower rates and still buy from a local agent.
After completing this form (opens in new window), your insurance data is emailed to companies in Rochester that can provide free Rochester auto insurance quotes to get your business. You won't need to leave your house because quoted prices will be sent to you. In the event you want to compare rates for a specific company, you just need to navigate to their website and fill out the quote form the provide.
Selecting a insurer shouldn't rely on just a cheap price quote. Here are some questions you might want to ask.
- Are there any hidden costs in their price quote and does it include driving and credit history?
- If you are a high risk driver, do they have special markets for your coverage?
- Which family members are covered?
- Can you contact them at any time?
- Is auto insurance their primary focus in Rochester?
- Can they provide you with a list of referrals?
Two different types of auto insurance agents
When finding local Rochester agents, it's helpful to know the types of insurance agents that you can select. Auto insurance agents in Rochester are considered either exclusive or independent agents depending on their company appointments. Both sell and service auto insurance coverage, but it's good to learn the difference in how they write coverage since it can affect your agent selection.
Exclusive Auto Insurance Agencies
Agents in the exclusive channel can only place business with one company and some examples include State Farm, Allstate, or Farmers Insurance. Exclusive agents cannot provide prices from multiple companies so if the price isn't competitive there isn't much they can do. Exclusive agents receive extensive training on what they offer and that can be a competitive advantage.
The following is a short list of exclusive agencies in Rochester who can help you get price quotes.
Independent Agents (or Brokers)
These agents are not limited to a single company and that allows them to write policies with an assortment of companies and help determine which has the cheapest rates. To move your coverage to a new company, your agent can just switch to a different company which requires no work on your part.
When comparing auto insurance prices, you absolutely need to check rates from multiple independent agents in order to have the best price comparison.
Below are independent insurance agencies in Rochester that are able to give rate quotes.
208 N Broadway Ave - Rochester, MN 55906 - (507) 529-1999 - View Map
300 3rd Ave SE #205 - Rochester, MN 55904 - (507) 288-4081 - View Map
It's not one size fits all
When selecting your policy, there isn't really a one-size-fits-all type of policy. Everyone's needs are different and your policy should reflect that. For example, these questions might point out if your insurance needs may require specific advice.
- Do I need special endorsements for business use of my vehicle?
- Is my camper covered by my car insurance policy?
- What does medical payments cover?
- Do I need PIP coverage since I have good health insurance?
- Why am I required to get a high-risk car insurance policy?
- What is motorclub and do I need it?
- What is covered by UM/UIM coverage?
- What if I owe more than I can insure my car for?
If you can't answer these questions but you know they apply to you then you might want to talk to an agent. If you don't have a local agent, fill out this quick form or click here for a list of auto insurance companies in your area. It only takes a few minutes and may give you better protection.
Auto insurance coverages and their meanings
Understanding the coverages of your auto insurance policy aids in choosing the best coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Shown next are the normal coverages available from auto insurance companies.
Liability auto insurance
This coverage provides protection from injuries or damage you cause to people or other property that is your fault. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 30/60/10 that translate to a limit of $30,000 per injured person, a per accident bodily injury limit of $60,000, and $10,000 of coverage for damaged property.
Liability coverage protects against things like bail bonds, medical expenses, pain and suffering and loss of income. How much coverage you buy is a personal decision, but it's cheap coverage so purchase as much as you can afford. Minnesota requires minimum liability limits of 30/60/10 but you should think about purchasing better liability coverage.
Collision coverage protection
Collision insurance pays to fix your vehicle from damage resulting from a collision with another car or object. You will need to pay your deductible then your collision coverage will kick in.
Collision insurance covers things such as hitting a parking meter, driving through your garage door, crashing into a ditch, hitting a mailbox and colliding with a tree. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. Another option is to raise the deductible on your Silverado in order to get cheaper collision rates.
Comprehensive (Other than Collision)
Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive coverage pays for things like a broken windshield, hitting a deer, falling objects, damage from a tornado or hurricane and damage from getting keyed. The maximum payout 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.
Medical expense insurance
Coverage for medical payments and/or PIP pay for immediate expenses such as funeral costs, surgery and ambulance fees. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay
Protection from uninsured/underinsured drivers
This coverage provides protection when the "other guys" either have no liability insurance or not enough. It can pay for injuries to you and your family as well as damage to your Chevy Silverado.
Because many people carry very low liability coverage limits (30/60/10), their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.
Don't give up on cheap premiums
As you quote Rochester auto insurance, it's not a good idea to reduce coverage to reduce premium. There are a lot of situations where an insured dropped comprehensive coverage or liability limits and found out when filing a claim that they should have had better coverage. Your goal is to buy enough coverage at the best price, not the least amount of coverage.
We just showed you some good ideas how you can lower your Chevy Silverado insurance auto insurance rates in Rochester. It's most important to understand that the more rate quotes you have, the better likelihood of getting affordable Rochester auto insurance quotes. Consumers may even find the biggest savings come from a small local company. These smaller insurers may only write in your state and offer lower premium rates as compared to the big name companies such as State Farm and Allstate.
- Self-driving cars won't replace humans (Insurance Institute for Highway Safety)
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- Who Has Affordable Car Insurance Rates for Police Officers in Minnesota? (FAQ)
- What Car Insurance is Cheapest for Handicapped Drivers in Minnesota? (FAQ)
- Who Has the Cheapest Auto Insurance for Drivers with Bad Credit in Minnesota? (FAQ)
- Who Has the Cheapest Auto Insurance for a Nissan Altima in Minnesota? (FAQ)
- What Auto Insurance is Cheapest for High Mileage Drivers in Minnesota? (FAQ)
- Rollover Crash FAQ (iihs.org)
- Hybrid vehicles cost insurers more (Insurance Institute for Highway Safety)