2001 GMC Sierra 2500 Insurance Cost

Trying to find lower car insurance rates for your GMC Sierra 2500? When trying to find more affordable insurance, do you get overwhelmed by the number of car insurance companies available to you? Lot’s of other drivers are too. vehicle owners have such a large number of options that it can easily become a burden to compare car insurance rates.

It’s a great practice to compare premium rates once or twice a year since insurance prices are usually higher with each renewal. Just because you found the best deal for Sierra insurance two years ago there may be better deals available now. Forget anything you know (or think you know) about car insurance because you’re about to learn the best way to save money, get proper deductibles and limits, all at the lowest rate.

Finding car insurance

When looking for low cost auto insurance quotes, there are a couple ways to compare prices from local car insurance companies. The best way to compare 2001 GMC Sierra 2500 insurance prices is to get quotes online. It’s really quite simple and can be done in several different ways.

The easiest and least time consuming way to get quotes for comparison is an all-inclusive rate comparison click here to open form in new window. This style of form prevents you from having to do multiple quote forms for every car insurance company. One form gets rate comparisons from multiple low-cost companies. This is by far the quickest method.
A harder way to find lower rates requires you to visit the website for each individual company to complete their respective quote request forms. For sake of this example, let’s assume you want rates from USAA, Liberty Mutual and Progressive. In order to get each rate, you would have to go to each individual site and repeatedly enter your information, which is why most consumers use the first method. For a list of links to companies insuring cars in your area, click here.
The hardest way of getting rate comparisons is making phone calls or going to each insurance agency near you. The internet can eliminate the need for a local agent unless you’re the type of person who wants the advice and guidance only provided by licensed agents. Although you can comparison shop your insurance online but buy the policy through an agent.

However you get your quotes, be certain you are entering equivalent quote data for every company. If you enter differing limits you will not be able to determine which rate is truly the best. Slightly different insurance coverages or limits could throw off the whole comparison. It’s important to know that having more price comparisons will improve the odds of getting the best rates.

More affordable rates with these insurance discounts

Some insurance providers don’t necessarily list every possible discount in an easy-to-find place, so we researched both well-publicized in addition to some of the lesser obvious discounts that may be available.

Discount for Good Grades – A discount for being a good student can earn a discount of 20% or more. This discount can apply until age 25.
Government Employees – Having worked for a branch of the government can save as much as 8% for Sierra insurance but check with your company.
Driver’s Ed – Require your teen driver to take driver’s ed class in school or through a local driver safety program.
Passive Restraints – Cars that have air bags can qualify for discounts as much as 30%.
Discounts for Seat Belt Usage – Forcing all vehicle occupants to buckle up may be able to save a few bucks off PIP or medical payments premium.
Discounts for Safe Drivers – Safe drivers can get discounts for up to 45% lower rates for Sierra insurance as compared to drivers with claims.
Anti-lock Brake Discount – Cars that have steering control and anti-lock brakes are safer to drive so you can save 10 percent or more.

As a sidenote, most discounts do not apply to the entire cost. Some only apply to specific coverage prices like medical payments or collision. So even though they make it sound like you could get a free insurance policy, companies wouldn’t make money that way.

The best insurance companies and their offered discounts include:

GEICO may include discounts for seat belt use, federal employee, membership and employees, multi-policy, five-year accident-free, emergency military deployment, and multi-vehicle.
Travelers discounts include home ownership, new car, good student, multi-policy, save driver, early quote, and payment discounts.
Nationwide may offer discounts for Farm Bureau membership, business or organization, family plan, good student, easy pay, and anti-theft.
Farmers Insurance offers premium reductions for distant student, good student, early shopping, multi-car, and business and professional.
Esurance includes discounts for renters, emergency road assistance, good student, Switch & Save, DriveSense, and multi-car.
State Farm has savings for safe vehicle, multiple autos, driver’s education, Drive Safe & Save, and good driver.
Progressive offers discounts including online quote discount, good student, multi-policy, multi-vehicle, online signing, and continuous coverage.
Mercury Insurance policyholders can earn discounts including professional/association, accident-free, annual mileage, good driver, type of vehicle, low natural disaster claims, and multi-car.

Before you buy a policy, ask every company how many discounts you can get. Some discounts listed above might not be offered on policies in your area. If you would like to choose from a list of companies that offer discounts, follow this link.

Auto insurance can get complicated

When it comes to buying the best auto insurance coverage, there isn’t really a cookie cutter policy. Every insured’s situation is different.

Here are some questions about coverages that may help highlight whether you will benefit from professional help.

I have good health insurance, so how much medical payments coverage do I need?
Should I have a commercial auto policy?
Is borrowed equipment or tools covered if stolen or damaged?
Does medical payments coverage apply to all occupants?
Will my insurance pay for OEM parts?
Is my vehicle covered by my employer’s policy when using it for work?
When should I drop full coverage on my 2001 GMC Sierra 2500?
Will my rates increase for filing one claim?
Is my 2001 GMC Sierra 2500 covered for smoke damage?
Is my babysitter covered when using my vehicle?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to an insurance agent. If you don’t have a local agent, fill out this quick form.

Car insurance coverage options for a GMC Sierra 2500

Knowing the specifics of a car insurance policy aids in choosing the best coverages and proper limits and deductibles. The terms used in a policy can be impossible to understand and coverage can change by endorsement.

Comprehensive insurance

Comprehensive insurance coverage covers 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 falling objects, vandalism and hitting a bird. The maximum payout a car insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Auto collision coverage

Collision insurance pays to fix your vehicle from damage resulting from a collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as colliding with another moving vehicle, sideswiping another vehicle, sustaining damage from a pot hole, backing into a parked car and damaging your car on a curb. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. It’s also possible to bump up the deductible to bring the cost down.

Liability car insurance

This coverage provides protection from damage that occurs to other people or property. It protects YOU from claims by other people, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 100/300/100 which means a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Alternatively, you may have one number which is a combined single limit which limits claims to one amount with no separate limits for injury or property damage.

Liability can pay for things such as legal defense fees, repair costs for stationary objects, loss of income and medical expenses. How much liability coverage do you need? That is up to you, but buy higher limits if possible.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your GMC Sierra 2500.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Normally these limits are set the same as your liablity limits.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses such as EMT expenses, rehabilitation expenses, nursing services and hospital visits. They are utilized in addition to your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not available in all states and may carry a deductible