Save on 2001 GMC Sierra 1500HD Insurance Rates

Searching for better car insurance rates for your GMC Sierra 1500HD? Paying for expensive GMC Sierra 1500HD insurance can stress out your savings account and force you to tighten up your finances. Price shopping at each renewal is an excellent way to lower your monthly bill.

Big-name insurance companies like Geico, Progressive and Allstate all claim big savings, bombarding you with ad campaigns and it is challenging if not impossible to separate fact from fiction and find the best price available.

Consumers need to get comparison quotes yearly because car insurance prices trend upward over time. Despite the fact that you may have had the lowest rate for SierraHD coverage on your last policy you can probably find a better premium rate now. You can find a lot of misleading information regarding car insurance out there, but we’re going to give you some guaranteed methods to put money back in your pocket.

If you currently have car insurance, you stand a good chance to be able to reduce your rates substantially using these methods. Buying car insurance is quite easy. Nevertheless, car owners can benefit from knowing the methods companies use to compete online and use this information to your advantage.

Buy auto insurance online

To find more affordable rates, there are a couple of ways to compare quotes from different insurance companies. The best way to find the cheapest 2001 GMC Sierra 1500HD insurance rates consists of shopping online. It is quite easy and can be accomplished in several different ways.

If you don’t have a lot of time, the easiest way to compare a lot of rates at once would be an industry-wide quote request form (click to open form in new window). This style of form saves time by eliminating repetitive form submissions for every auto insurance company. One simple form will get you price quotes from many national carriers.

A more difficult way to shop for auto insurance online requires a trip to the website for each individual company and request a quote. For instance, let’s assume you want to compare prices for Farmers, Allstate and Progressive. You would be required to visit each site to input your insurance information, and that’s why the first method is more popular. For a list of companies in your area, click here.

The old school method to get comparison rates is actually driving to and from local insurance agencies. The internet makes this unnecessary unless you prefer the personal advice that only a licensed agent can provide. If you prefer, some companies allow you to obtain prices from the web but purchase the actual policy in an agency.

Take whichever approach you prefer, but make sure you are using exactly the same coverage limits for each price quote. If you enter different coverage information it will be nearly impossible to make a fair comparison for your GMC Sierra 1500HD. Just slight variations in limits may result in a large different in cost. Keep in mind that having more price comparisons increases the change that you will find lower pricing.

Car insurance discounts help slash rates

Companies that sell car insurance don’t necessarily list every disount available in an easy-to-find place, so the following list contains some of the more common and the harder-to-find discounts that may be available.

  • Club Memberships – Affiliation with qualifying employment or professional organizations is a simple method to lower premiums when shopping for car insurance.
  • ABS Brakes – Cars, trucks, and SUVs with ABS braking systems or traction control can avoid accidents so you can save 10 percent or more.
  • Homeowners Discount – Just owning your own home can earn you a little savings because owning a home requires personal responsibility.
  • Discount for Good Grades – This discount can save 20 to 25%. Many companies even apply the discount to college students up until you turn 25.
  • Driver Education Discount – Require your teen driver to enroll in driver’s education if offered at their school.

A little disclaimer on discounts, many deductions do not apply to the overall cost of the policy. Most only cut the cost of specific coverages such as liability, collision or medical payments. So even though it sounds like you could get a free car insurance policy, companies wouldn’t make money that way.

If you would like to choose from a list of companies that offer many of these discounts, click here to view.

Which is the best insurance?

When buying the right insurance coverage for your personal vehicles, there really is no one size fits all plan. Every situation is different so this has to be addressed. For example, these questions may help highlight whether or not you could use an agent’s help.

  • Do I pay less if my vehicle is kept in my garage?
  • Why do I need rental car insurance?
  • When should I drop full coverage on my 2001 GMC Sierra 1500HD?
  • Is a blown tire covered by insurance?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Is a fancy paint job covered?
  • Am I covered when driving someone else’s vehicle?
  • Do I need PIP coverage since I have good health insurance?

If you’re not sure about those questions but a few of them apply, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier

Insurance coverage considerations

Knowing the specifics of your policy aids in choosing the best coverages and proper limits and deductibles. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. Shown next are typical coverages found on most insurance policies.

Collision coverage – Collision insurance will pay to fix damage to your Sierra 1500HD caused by collision with another car or object. A deductible applies then your collision coverage will kick in.

Collision can pay for claims such as crashing into a ditch, sustaining damage from a pot hole, colliding with another moving vehicle and backing into a parked car. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. You can also choose a higher deductible to get cheaper collision coverage.

Liability auto insurance – Liability insurance protects you from injuries or damage you cause to other people or property that is your fault. This insurance protects YOU against other people’s claims. It does not cover damage to your own property or vehicle.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 50/100/50 that translate to a limit of $50,000 per injured person, $100,000 for the entire accident, and property damage coverage for $50,000. Occasionally you may see one number which is a combined single limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability can pay for claims like loss of income, court costs, repair bills for other people’s vehicles, structural damage and legal defense fees. How much coverage you buy is up to you, but you should buy as much as you can afford.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses such as nursing services, doctor visits, ambulance fees, chiropractic care and prosthetic devices. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants as well as damage to your 2001 GMC Sierra 1500HD.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time these limits do not exceed the liability coverage limits.

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

Comprehensive insurance covers claims such as a tree branch falling on your vehicle, theft and fire damage. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Make a quick buck

Some insurance providers may not offer online rate quotes smaller companies prefer to sell through independent insurance agencies. More affordable auto insurance can be bought online and with local insurance agents, so you should compare both to have the best rate selection.

As you quote insurance coverage, do not skimp on coverage in order to save money. There are too many instances where drivers have reduced liability coverage limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your aim should be to buy enough coverage for the lowest cost while still protecting your assets.

In this article, we presented a lot of information how to shop for 2001 GMC Sierra 1500HD insurance online. It’s most important to understand that the more times you quote, the better likelihood of getting affordable insurance coverage. You may even find the biggest savings come from a company that doesn’t do a lot of advertising. Smaller companies may cover specific market segments cheaper than the large multi-state companies such as Progressive or Geico.

More articles