View 2001 GMC Sierra 1500 Car Insurance Quotes

Consumers who are new to buying auto insurance online are likely to discover locating affordable car insurance is harder than they anticipated.

Buy GMC Sierra 1500 insurance at a discount

Many things are taken into consideration when you quote your car insurance policy. Some are pretty understandable like an MVR report, but other factors are more transparent like your continuous coverage or your commute time.

Listed below are some of the factors used by insurance companies to determine rates.

  • Do thieves like your car? – Choosing a vehicle with an alarm system can get you a discount on your car insurance. Advanced theft deterrents like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all aid in stopping car theft.
  • Higher physical damage deductibles are cheaper – Protection for physical damage, also called ‘full coverage’, insures against damage to your GMC. Examples of covered claims are colliding with a building, flood damage, and burglary. Comp and collision deductibles state the amount of money you are required to pay if you file a covered claim. The more of the claim you pay before a claim is paid (deductible), the bigger discount you will receive for Sierra insurance.
  • Accidents increase rates – How you drive influences premium rates substantially. Getting just one moving violation may cause rates to rise substantially. Drivers with clean records receive lower rates as compared to careless drivers. People who have license-revoking tickets such as DUI or willful reckless driving might be required by their state to complete a SR-22 with their state’s department of motor vehicles in order to legally drive a vehicle.
  • Higher prices for coverage lapses – Driving your car without having proper coverage is a misdemeanor and companies may charge more for letting your insurance lapse. Not only will you pay more, getting caught without coverage might get you a steep fine or even jail time.
  • Liability coverage claims can be big – Your car insurance policy’s liability coverage will protect you if you are responsible for physical damage or personal injury to other. It provides legal defense which can be incredibly expensive. Liability insurance is pretty cheap when compared to the cost of physical damage coverage, so insureds should have plenty of protection for their assets.
  • Vocation reflects on rates – Do you have a high-stress occupation? Careers such as fire fighters, architects and accountants have the highest average rates due to stressful work requirements and long work days. Conversely, occupations such as farmers, athletes and retirees have lower than average premiums for Sierra insurance.
  • Rental and towing coverage may not be needed – Policies have extra bells and whistles that may not really be needed when buying car insurance. Coverage for things like rental car coverage, accident forgiveness, and additional equipment coverage are probably not needed. They may seem good when you first buy your policy, but now you might not need them so get rid of them and save.

Are you qualifying for every discount?

Some providers don’t always advertise every policy discount very well, so we break down both well-publicized and the more hidden discounts that you can inquire about if you buy car insurance online. If you do not check that you are getting every discount available, you’re just leaving money on the table.

  • Good Driver Discount – Insureds without accidents can get discounts for up to 45% lower rates for Sierra insurance compared to accident prone drivers.
  • Military Deployment Discount – Being on active duty in the military could be rewarded with lower premium rates.
  • Early Renewal Discounts – A few insurance companies give discounts for buying a policy early. It can save you around 10%.
  • Anti-theft System – Cars and trucks equipped with anti-theft or alarm systems have a lower chance of being stolen and that can save you a little bit as well.
  • Club Memberships – Having an affiliation with certain professional organizations could earn you a nice discount on your next auto insurance statement.
  • Fewer Miles Equal More Savings – Driving less could earn lower rates on the low mileage vehicles.
  • Discounts for New Vehicles – Adding a new car to your policy may earn a small discount because new model year vehicles keep occupants safer.
  • Seat Belts Save more than Lives – Buckling up and requiring all passengers to buckle up could save 15% on the premium charged for medical payments and/or PIP.
  • Auto/Home Discount – If you can bundle your auto and home insurance with the same insurance company you could save at least 10 to 15 percent or more.
  • College Student Discount – College-age children who are enrolled in higher education away from home and do not have access to a covered vehicle could get you a discount.

One thing to note about discounts is that some credits don’t apply to the overall cost of the policy. Some only apply to individual premiums such as comprehensive or collision. So even though it sounds like you would end up receiving a 100% discount, that’s just not realistic.

To choose companies with discount rates, follow this link.

Truth in insurance advertising

21st Century, Allstate and State Farm regularly use ads in print and on television. All the companies convey the message that you’ll save big if you change your coverage. How does every company charge you less for car insurance?

Many companies give the cheapest rates for the type of customer that will most likely be profitable. For instance, a profitable risk profile might be described as between the ages of 30 and 50, has no prior claims, and drives newer vehicles. Any new insured that hits that “sweet spot” gets the lowest rates and therefore will cut their rates substantially.

Drivers who are not a match for the ideal profile may receive more expensive rates and this results in the customer not purchasing. The trick companies use is to say “drivers who switch” but not “everyone who gets a quote” can save as much as they claim. This is how companies can make those claims. Each company has different criteria, so it’s extremely important to get a wide range of price quotes. It’s just not possible to know which company will have the lowest premium rates for your situation.

When in doubt talk to an agent

When it comes to choosing coverage, there really is no best way to insure your cars. Each situation is unique.

For instance, these questions may help you determine whether your personal situation might need an agent’s assistance.

  • Are rock chip repairs covered?
  • Should I drop comprehensive coverage on older vehicles?
  • Am I covered when driving on a suspended license?
  • Is my cargo covered for damage or theft?
  • If my pet gets injured in an accident are they covered?
  • Does my policy pay for OEM or aftermarket parts?
  • Is my camper covered by my car insurance policy?
  • Should I rate my 2001 GMC Sierra 1500 as pleasure use or commute?

If you can’t answer these questions, you may need to chat with a licensed agent. To find an agent in your area, fill out this quick form.

Information about specific coverages

Knowing the specifics of your auto insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording.

Collision coverage – Collision coverage will pay to fix damage to your Sierra 1500 resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for things like scraping a guard rail, colliding with a tree, hitting a parking meter and damaging your car on a curb. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Comprehensive (Other than Collision) – Comprehensive insurance 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 coverage protects against claims like falling objects, damage from a tornado or hurricane and theft. The highest amount a auto insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage kick in for bills like hospital visits, rehabilitation expenses and EMT expenses. The coverages can be utilized in addition to your health insurance plan or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Liability coverage – This provides protection from injuries or damage you cause to a person or their property in an accident. This coverage protects you against other people’s claims. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000.

Liability can pay for things like legal defense fees, bail bonds, loss of income and medical expenses. How much coverage you buy is a decision to put some thought into, but buy as high a limit as you can afford.

Smart consumers save more

People switch companies for many reasons like delays in paying claims, an unsatisfactory settlement offer, high rates after DUI convictions and policy non-renewal. Regardless of your reason for switching companies, switching car insurance companies is not as difficult as it may seem.

When searching for affordable car insurance quotes, don’t be tempted to buy poor coverage just to save money. In too many instances, drivers have reduced physical damage coverage and learned later that a couple dollars of savings turned into a financial nightmare. The aim is to buy enough coverage for the lowest price, not the least amount of coverage.

You just learned many ways to save on 2001 GMC Sierra 1500 insurance. The key concept to understand is the more companies you get rates for, the better your comparison will be. You may even discover the lowest prices are with a lesser-known regional company.

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