1998 GMC Sierra 2500 Insurance Quotes

Paying for high-priced GMC Sierra 2500 insurance can take a big chunk out of your funds and make it hard to pay other bills. Doing a price comparison is a fast and free way to tighten up your finances.

Big-name insurance companies like GEICO and Progressive promote their brand names with ads and it is challenging if not impossible to ignore the promise of big savings and effectively compare rates to find the best deal.

GMC Sierra 2500 insurance premium factors

One of the most helpful ways to save on car insurance is to to have a grasp of some of the factors that help calculate your policy premiums. If you understand what determines premiums, this empowers consumers to make smart changes that will entitle you to cheaper rates. Many different elements are part of the calculation when you get your auto insurance bill. Some are obvious such as traffic violations, but some are more obscure such as whether you are married or your commute time.

The itemized list below are just a few of the factors utilized by car insurance companies to help set your prices.

Theft deterrents save – Purchasing a vehicle with a theft deterrent system can help lower your rates. Anti-theft devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help stop your car from being stolen.
Discounts for auto and home policies – Lots of insurance companies apply better rates for people that purchase more than one policy in the form of a multi-policy discount. Discounts can add up to ten or even fifteen percent. Even if you already get this discount, you still need to shop around to confirm you are receiving the best rates possible.There is a good possibility that you can save even more even if you have your coverage with different companies
Vehicles with better crash test results save money – Vehicles that have high safety ratings cost less to insure. Safer cars reduce the chance of injuries and better occupant protection translates into savings for insurance companies and lower rates for you. If your GMC Sierra 2500 scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.
Women pay lower premiums – Statistics demonstrate women are more cautious behind the wheel. The data does not necessarily mean that females are better at driving than males. Both genders cause auto accidents in similar percentages, but the males cause more damage. They also have more aggressive citations like DUI and reckless driving. Teenage male drivers tend to get in the most accidents and therefore are the most expensive to insure.
Get hitched and get better prices – Having a spouse can get you a discount when buying car insurance. Having a spouse generally demonstrates drivers are more mature it has been statistically shown that married couples file fewer claims.

Insurance coverage policy discounts

The price of auto insurance can be rather high, but there are discounts available that can help lower your rates. Certain discounts will be triggered automatically at quote time, but once in a while a discount must be specially asked for before being credited.

Drive Safe and Save – Drivers who avoid accidents could pay up to 40% less for Sierra insurance than drivers with accidents.
Passenger Safety Discount – Factory air bags or motorized seat belts may earn rate discounts of 20% or more.
E-sign Discounts – A few insurance companies will provide an incentive for signing up online.
Use Seat Belts – Drivers who always wear seat belts and also require passengers to wear their seat belts may be able to save a few bucks off PIP or medical payments premium.
Data Collection Discounts – Insureds that choose to allow companies to track when and where they use their vehicle by using a telematic data system like Allstate’s Drivewise may see discounts as long as the data is positive.
Accident Forgiveness Coverage – Not necessarily a discount, but a handful of insurance companies allow you one accident without getting socked with a rate hike so long as you haven’t had any claims for a certain period of time.
Multiple Vehicles – Buying insurance for primary and secondary vehicles with one company can reduce the rates for all insured vehicles.
Auto/Life Discount – Larger companies have a small discount if you purchase some life insurance too.
Early Switch Discount – Some insurance companies reward drivers for renewing your policy before your current policy expires. You may see this discount when you get insurance coverage quotes online.

One last thing about discounts, many deductions do not apply to the entire cost. A few only apply to individual premiums such as liability, collision or medical payments. Even though it may seem like you can get free auto insurance, it just doesn’t work that way.

To see companies with discount insurance coverage rates, click here.

How do I know if I need professional advice?

When buying the right insurance coverage, there really is no best way to insure your cars. Coverage needs to be tailored to your specific needs so your insurance needs to address that. Here are some questions about coverages that may help you determine if you might need professional guidance.

What is high-risk coverage and where do I buy it?
When would I need additional glass coverage?
Do I need replacement cost coverage on my 1998 GMC Sierra 2500?
When do I need to add a new car to my policy?
At what point should I drop full coverage?
Is upholstery damage covered by car insurance?
Does having multiple vehicles earn me a discount?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies. It only takes a few minutes and can help protect your family.

Car insurance coverage specifics

Having a good grasp of car insurance can be of help when determining the right coverages at the best deductibles and correct limits. Car insurance terms can be confusing and reading a policy is terribly boring. Shown next are the normal coverages found on most car insurance policies.

Collision coverage – This covers damage to your Sierra 2500 resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as colliding with a tree, sustaining damage from a pot hole, driving through your garage door and crashing into a ditch. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to bump up the deductible to bring the cost down.

UM/UIM (Uninsured/Underinsured Motorist) coverage – Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your GMC Sierra 2500.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.

Comprehensive auto coverage – Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as falling objects, a broken windshield and theft. The maximum payout a car insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability insurance – This coverage provides protection from injuries or damage you cause to other’s property or people by causing an accident. This insurance protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 100/300/100 which stand for a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability coverage protects against things such as emergency aid, attorney fees and repair bills for other people’s vehicles. How much coverage you buy is a personal decision, but you should buy as much as you can afford.

Medical payments and PIP coverage – Med pay and PIP coverage kick in for bills like funeral costs, hospital visits, pain medications, doctor visits and chiropractic care. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

The best insurance company isn’t always the cheapest

As you prepare to switch companies, don’t be tempted to skimp on coverage in order to save money. There have been many situations where consumers will sacrifice comprehensive coverage or liability limits only to discover later that it was a big mistake. Your objective should be to buy enough coverage for the lowest price, but don’t skip important coverages to save money.

More affordable insurance coverage is available on the web and from local insurance agents, and you should compare price quotes from both in order to have the best chance of saving money. Some insurance providers don’t offer rate quotes online and many times these small insurance companies only sell through independent agents.