Want lower insurance coverage rates for your GMC Sierra 2500? Did you come to the realization that you have an expensive insurance coverage policy? Don’t feel bad because there are many consumers feeling the pinch from expensive insurance coverage.
Companies like Progressive, State Farm and GEICO increase brand awareness with catchy ads and consumers find it hard to ignore the flashy ads and do the work needed to find the best deal.
If you have car insurance now, you stand a good chance to be able to cut costs considerably using these techniques. Finding affordable coverage is not that difficult. But consumers can benefit from knowing how the larger insurance companies sell insurance online and apply this information to your search.
There are a variety of methods to shop for car insurance, but one way is easier and takes less work. You can waste a lot of time driving to local insurance agents in your area, or you could use online quoting to get the quickest rates.
Many popular insurance companies participate in an industry program that enables customers to send in one quote, and at least one company can give them a price based on that data. This saves time by eliminating form submissions for each company.
To use this form to compare rates click here to open in new window.
The single downside to comparing rates this way is buyers cannot specifically choose the companies you will receive quotes from. So if you prefer to choose specific providers to request quotes from, we have a page of the cheapest car insurance companies in your area. View list of insurance companies.
It’s up to you how you get prices quotes, just be sure to compare apples-to-apples quote information on every quote. If you are comparing different liability limits it will be nearly impossible to determine which rate is truly the best. Even a minor difference in insurance coverages or limits could mean much higher rates. And when quoting car insurance, remember that comparing all the rates in your area helps locate better pricing. Some smaller insurers to not give online price quotes, so it’s necessary to compare price quotes from them as well.
Companies that sell car insurance don’t always advertise all disounts in a way that’s easy to find, so the list below contains some of the best known as well as some of the hidden discounts that may be available.
Consumers should know that most discounts do not apply to the entire cost. Most only apply to specific coverage prices like comprehensive or collision. So even though it sounds like adding up those discounts means a free policy, it doesn’t quite work that way. But all discounts will help reduce your overall premium however.
Car insurance companies that possibly offer these discounts are:
When getting free insurance coverage quotes, it’s a good idea to all companies you are considering the best way to save money. Some discounts may not apply in your area. If you would like to see a list of insurance companies who offer insurance discounts, click here.
When choosing the best auto insurance coverage, there really is no cookie cutter policy. Every insured’s situation is different so your insurance should reflect that Here are some questions about coverages that may help highlight whether or not you might need an agent’s assistance.
If you don’t know the answers to these questions then you might want to talk to an agent. If you don’t have a local agent, complete this form or click here for a list of auto insurance companies in your area.
Learning about specific coverages of your insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Below you’ll find typical coverages found on most insurance policies.
Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage kick in for immediate expenses for things like prosthetic devices, doctor visits, ambulance fees and EMT expenses. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants and will also cover any family member struck as a pedestrian. PIP is not an option in every state and may carry a deductible
Uninsured/Underinsured Motorist (UM/UIM) – This protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.
Comprehensive insurance – This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for things such as hitting a deer, rock chips in glass and damage from getting keyed. The most a insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
Collision – This pays for damage to your Sierra 2500 resulting from a collision with an object or car. You first must pay a deductible then your collision coverage will kick in.
Collision insurance covers claims such as sustaining damage from a pot hole, hitting a parking meter, damaging your car on a curb, crashing into a ditch and sideswiping another vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to raise the deductible to save money on collision insurance.
Liability coverage – Liability coverage provides protection from damage or injury you incur to a person or their property by causing an accident. It protects YOU against claims from other people. It does not cover damage sustained by your vehicle in an accident.
Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 50/100/50 that means you have $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Another option is one number which is a combined single limit which provides one coverage limit without having the split limit caps.
Liability insurance covers claims such as funeral expenses, attorney fees, legal defense fees and pain and suffering. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.