Searching for better insurance prices for your GMC Sierra 1500 can be a painful process, but you can learn a few tricks and make it easy. There are both good and bad ways to find car insurance online so we’re going to tell you the quickest way to get price quotes for a new or used GMC and find the lowest possible price either online or from local insurance agents.
Smart consumers take time to take a look at other company’s rates every six months due to the fact that insurance prices tend to go up over time. Just because you found the lowest quotes for Sierra coverage at your last renewal there is a good chance you can find better rates now. Forget anything you know (or think you know) about car insurance because you’re about to learn the quickest way to lower your annual insurance bill.
Shopping for lower insurance rates can be exhausting if you don’t utilize the best way to get rate quotes. You can spend your afternoon talking about coverages with agents in your area, or you can stay home and use the internet to maximize your effort.
The majority of car insurance companies participate in a marketplace that allows shoppers to enter their coverage request one time, and each company returns a rated price based on the submitted data. This prevents consumers from doing repetitive form submissions to every company.
To access this free quoting program, click to open in new window.
One minor caviat to comparing rates this way is you are unable to specify the companies to receive prices from. So if you prefer to pick from a list of companies to receive pricing from, we have assembled a list of insurance companies in your area. Click here for list of insurance companies.
However you get your quotes, make sure you are using exactly the same deductibles and coverage limits for each quote you get. If you enter mixed coverages it’s not possible to determine the best price for your GMC Sierra 1500.
Not too many consumers would say insurance coverage is affordable, but there could be significant discounts that could help you make your next renewal payment. Certain discounts will be triggered automatically when you quote, but less common discounts must be specifically requested before being credited. If you are not receiving all the discounts you qualify for, you’re just leaving money on the table.
Keep in mind that most of the big mark downs will not be given to your bottom line cost. Most only apply to the cost of specific coverages such as physical damage coverage or medical payments. Even though the math looks like all the discounts add up to a free policy, insurance companies wouldn’t stay in business.
Companies and the discounts they provide are included below.
Before purchasing a policy, check with each insurance company which credits you are entitled to. Some discounts might not be offered on policies in your area. To view insurance companies with discount rates, follow this link.
When choosing the best insurance coverage coverage for your personal vehicles, there is no single plan that fits everyone. Each situation is unique.
For example, these questions can aid in determining whether you will benefit from professional help.
If you can’t answer these questions but a few of them apply, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form. It only takes a few minutes and may give you better protection.
Having a good grasp of insurance helps when choosing which coverages you need and proper limits and deductibles. The terms used in a policy can be confusing and coverage can change by endorsement.
Collision insurance
Collision insurance pays to fix your vehicle from damage caused by collision with another car or object. You first must pay a deductible and then insurance will cover the remainder.
Collision coverage protects against things like damaging your car on a curb, hitting a parking meter and colliding with another moving vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Another option is to bump up the deductible to save money on collision insurance.
Liability
This will cover damages or injuries you inflict on other’s property or people in an accident. It protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 50/100/50 which stand for a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.
Liability can pay for claims such as loss of income, funeral expenses and bail bonds. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase higher limits if possible.
Med pay and Personal Injury Protection (PIP)
Personal Injury Protection (PIP) and medical payments coverage kick in for bills such as dental work, hospital visits, doctor visits and X-ray expenses. They can be used in conjunction with a health insurance plan or if you do not have health coverage. Coverage applies to you and your occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay
Comprehensive insurance
This will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against claims such as damage from flooding, theft, falling objects and a tree branch falling on your vehicle. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Uninsured/Underinsured Motorist (UM/UIM)
This coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. It can pay for hospital bills for your injuries and damage to your GMC Sierra 1500.
Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important.