1998 GMC Sierra 1500 Car Insurance Quotes – 8 Ways to Save

Trying to find lower insurance rates for your GMC Sierra 1500? Are you intimidated by the crazy number of insurance companies that you can choose from? Drivers have such a vast assortment of companies available that it can really be a lot of work to compare premium rates.

Smart consumers take time to compare prices before your next renewal because insurance prices change quite often. Just because you had the lowest price for Sierra insurance six months ago you will most likely find a better rate quote today. Block out anything you think you know about insurance because it’s time to teach you how to use the internet to reduce your cost while increasing coverage.

Buying affordable coverage can be fairly easy. In a nutshell, anyone who carries car insurance stands a good chance to be able to cut their insurance bill. But consumers should learn the way companies market insurance on the web and use this information to your advantage.

Insurance coverage companies offer money-saving discounts

Insurance can cost an arm and a leg, but there may be some discounts that many consumers don’t even know exist. Certain discounts will be triggered automatically at the time you complete a quote, but lesser-known reductions have to be inquired about before you will receive the discount.

  • Discount for Swiching Early – Some larger companies reward drivers for switching companies prior to your current policy expiring. The savings is around 10%.
  • Save over 55 – If you qualify as a senior citizen, you can get lower premium rates for Sierra insurance.
  • Seat Belt Discounts – Using a seat belt and requiring all passengers to buckle their seat belts can save 10% or more on the medical payments or PIP coverage costs.
  • Claim Free – Claim-free drivers are rewarded with significantly better rates on car insurance quote when compared to drivers with a long claim history.
  • Defensive Driver Discounts – Completing a defensive driver class may get you a small discount if your company offers it.
  • Multiple Policy Discount – If you combine your auto and homeowners policies and insure them both with the same insurance company they may give you a discount of at least 10 to 15 percent or more.
  • Passive Restraints – Vehicles equipped with air bags or automatic seat belts may earn rate discounts of 20 to 30 percent.
  • Government Employee Discount – Active or retired federal employment can save as much as 8% for Sierra insurance with certain companies.

As a footnote on discounts, some credits don’t apply to the entire policy premium. The majority will only reduce the cost of specific coverages such as comp or med pay. So even though you would think all the discounts add up to a free policy, you won’t be that lucky.

A few popular companies and some of the premium reductions they offer can be read below.

  • American Family offers premium reductions for defensive driver, TimeAway discount, good driver, Steer into Savings, early bird, multi-vehicle, and good student.
  • Farm Bureau may have discounts that include 55 and retired, driver training, multi-vehicle, multi-policy, and renewal discount.
  • State Farm discounts include Steer Clear safe driver discount, Drive Safe & Save, multiple autos, defensive driving training, student away at school, and safe vehicle.
  • Travelers policyholders can earn discounts including student away at school, payment discounts, continuous insurance, hybrid/electric vehicle, and multi-policy.
  • The Hartford offers discounts including vehicle fuel type, air bag, defensive driver, anti-theft, and bundle.
  • GEICO includes discounts for anti-theft, membership and employees, federal employee, driver training, and good student.
  • Progressive may offer discounts for homeowner, online signing, continuous coverage, online quote discount, good student, and multi-policy.

When getting free car insurance quotes, it’s a good idea to each company the best way to save money. Discounts may not apply everywhere.

Cheapest insurance coverage quotes

When shopping for cheap car insurance quotes, there are a couple of ways of comparing rate quotes from local insurance coverage companies. The recommended way to lower the rate you pay for 1998 GMC Sierra 1500 insurance is to get quotes online. It is quite easy and can be accomplished in a couple minutes as outlined below.

  1. The easiest and least time consuming way to compare a lot of rates at once is an all-inclusive rate comparison like this one (opens in new window). This form keeps you from doing separate quotation requests to each individual insurance coverage company. Completing one form will return price quotes direct from many companies.It’s the quickest way to get rates.
  2. A less efficient way to analyze rates consists of going to the website for each individual company and repeat the quote process again and again. For instance, let’s assume you want to view quotes from State Farm, Esurance and Travelers. You would need to go to each individual site to input your insurance information, and that explains why we recommend the first method. For a list of links to insurance companies in your area, click here.
  3. The old school method to find cheaper rates is calling or driving to insurance agencies in your area. The ability to get quotes online can eliminate the need for a local agent unless you want the professional guidance that only an agent can give. Although you can obtain prices from the web and still use a local agent.

It doesn’t matter which method you choose, just make darn sure you compare exactly the same coverage limits with every price quote. If you have different limits and deductibles on each one it will be impossible to determine the lowest rate for your GMC Sierra 1500. Just a small difference in coverage limits can make a big difference in price. Keep in mind that comparing a large number of companies helps you find more affordable insurance.

Do I just need basic coverages?

When buying proper insurance coverage for your vehicles, there is no “best” method to buy coverage. Everyone’s situation is unique.

These are some specific questions can help discover if you may require specific advice.

  • What is the minimum liability in my state?
  • Can my teen driver be rated on a liability-only vehicle?
  • Why does it cost so much to insure a teen driver?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Can I afford low physical damage deductibles?
  • Who is covered by my policy?
  • What if I total my 1998 GMC Sierra 1500 and owe more than it’s worth?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to an agent. To find lower rates from a local agent, simply complete this short form.

Specifics of your car insurance policy

Learning about specific coverages of your car insurance policy aids in choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement.

Medical expense insurance – Med pay and PIP coverage reimburse you for expenses like X-ray expenses, dental work, surgery, nursing services and rehabilitation expenses. They are utilized in addition to your health insurance policy or if you lack health insurance entirely. They cover all vehicle occupants in addition to any family member struck as a pedestrian. PIP is not available in all states and gives slightly broader coverage than med pay

Protection from uninsured/underinsured drivers – This provides protection from other motorists when they either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your 1998 GMC Sierra 1500.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually these limits do not exceed the liability coverage limits.

Collision coverage – This coverage pays for damage to your Sierra 1500 from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as hitting a mailbox, rolling your car, sustaining damage from a pot hole, sideswiping another vehicle and scraping a guard rail. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Comprehensive (Other than Collision) – Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things like a broken windshield, theft, damage from getting keyed, a tree branch falling on your vehicle and hitting a deer. 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 not worth carrying full coverage.

Liability – Liability coverage provides protection from damages or injuries you inflict on a person or their property by causing an accident. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 100/300/100 which means a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have a combined limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims like bail bonds, medical services, funeral expenses, structural damage and pain and suffering. How much liability coverage do you need? That is up to you, but consider buying higher limits if possible.

Saving money makes a lot of cents

We just covered quite a bit of information on how to compare 1998 GMC Sierra 1500 insurance rates online. It’s most important to understand that the more rate comparisons you have, the better chance you’ll have of finding the cheapest car insurance. Consumers could even find that the best price on car insurance is with a small mutual company.

As you restructure your insurance plan, make sure you don’t reduce coverage to reduce premium. There are many occasions where an accident victim reduced physical damage coverage only to regret they didn’t have enough coverage. Your goal should be to get the best coverage possible for the lowest cost, but don’t skip important coverages to save money.

People switch companies for any number of reasons including policy cancellation, lack of trust in their agent, questionable increases in premium or delays in responding to claim requests. Whatever your reason, choosing a new insurance company is pretty easy and you might even save some money in the process.

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