Looking for lower car insurance rates for your GMC Sierra 1500? Did budget coverage turn out to be an underperforming, overpriced car insurance policy? Believe me when I say there are many people just like you. Due to the increasing number of online and local companies to choose from, it can be impossible to choose the right insurer.
The purpose of this article is to teach you how to get online quotes and some tricks to saving. If you currently have a car insurance policy, you stand a good chance to be able to lower your premiums substantially using this strategy. Drivers just need to learn the proper way to get comparison rates online.
The majority of larger companies such as GEICO, State Farm and Progressive give coverage prices on their websites. Getting online rates can be done by anyone as you just enter the coverage amounts you desire into the quote form. Behind the scenes, their quoting system gets credit information and your driving record and generates a price based on the information you submitted. Quoting online makes comparing rates easy, but the time it takes to visit each company’s website and repetitively complete many quote forms is monotonous and tiresome. Unfortunately, it is important to perform this step if you want to get a better rate.
The easiest way to get multiple rate quotes uses just one form that obtains quotes from many companies. The form is fast, helps eliminate reptitive entry, and makes price shopping online much simpler. As soon as you send your information, your coverage is rated and you can select any of the resulting price quotes.
If a lower price is quoted, you can click and sign and purchase the new policy. It takes less than 15 minutes and could lower your rates considerably.
To get comparison pricing now, click here to open in a new tab and enter your vehicle and coverage information. If you currently have coverage, we recommend you input exactly as shown on your declarations page. This way, you will be getting comparison quotes based on similar coverages.
Insurance can cost an arm and a leg, but you might already qualify for some discounts that can dramatically reduce your bill. Certain discounts will be applied at the time you complete a quote, but some discounts are required to be requested specifically prior to getting the savings.
A little disclaimer on discounts, most credits do not apply the the whole policy. Some only reduce individual premiums such as physical damage coverage or medical payments. Just because it seems like all the discounts add up to a free policy, companies don’t profit that way.
Companies that may offer quotes with some of the discounts shown above are:
When quoting, ask each company the best way to save money. All car insurance discounts might not be offered on policies in your area. If you would like to view companies who offer free auto insurance quotes, click here to view.
Lots of factors are part of the calculation when you get your auto insurance bill. Some factors are common sense like a motor vehicle report, but some are less apparent such as whether you are married and annual miles driven.
When choosing the right insurance coverage, there isn’t really a one size fits all plan. Everyone’s needs are different and your policy should reflect that. Here are some questions about coverages that can aid in determining if your situation might need professional guidance.
If you don’t know the answers to these questions but you know they apply to you then you might want to talk to an agent. If you don’t have a local agent, fill out this quick form or click here for a list of insurance companies in your area. It is quick, free and can provide invaluable advice.
Learning about specific coverages of your policy can help you determine which coverages you need and the correct deductibles and limits. Auto insurance terms can be confusing and nobody wants to actually read their policy. Listed below are the normal coverages found on the average auto insurance policy.
Medical expense insurance
Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for prosthetic devices, rehabilitation expenses, nursing services, ambulance fees and hospital visits. The coverages can be used to fill the gap from your health insurance program or if you lack health insurance entirely. Coverage applies to all vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay
Comprehensive (Other than Collision)
This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for things such as damage from getting keyed, damage from flooding and a broken windshield. The highest amount a auto 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 coverage protection
Collision insurance pays for damage to your Sierra 1500 from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage protects against things like hitting a parking meter, colliding with a tree, damaging your car on a curb and colliding with another moving vehicle. This coverage can be expensive, so consider removing coverage from vehicles that are older. It’s also possible to increase the deductible to bring the cost down.
Protection from uninsured/underinsured drivers
This coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries and also any damage incurred to your GMC Sierra 1500.
Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family. Frequently these limits are set the same as your liablity limits.
Coverage for liability
This coverage provides protection from damage or injury you incur to a person or their property by causing an accident. This coverage protects you from legal claims by others. It does not cover damage sustained by your vehicle in an accident.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 25/50/25 which stand for a limit of $25,000 per injured person, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit and claims can be made without the split limit restrictions.
Liability insurance covers claims such as bail bonds, structural damage, loss of income and funeral expenses. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as high a limit as you can afford.
When you buy insurance online, it’s not a good idea to skimp on critical coverages to save a buck or two. There are a lot of situations where drivers have reduced collision coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. The goal is to buy a smart amount of coverage at the best possible price, but don’t skip important coverages to save money.
More affordable car insurance is possible both online and from local agencies, and you should compare price quotes from both to get a complete price analysis. Some companies may not offer the ability to get a quote online and most of the time these small, regional companies only sell coverage through independent insurance agents.