2002 GMC Sierra 2500 Insurance Cost

Are you drained from paying out the nose to keep your car insured? You are no different than most other drivers. Many car insurance companies vie to insure your vehicles, and because of this it can be hard to compare insurers to discover the definitive cheapest price

If you have a current car insurance policy or are just looking to switch companies, you can follow these tips to find the best rates while maximizing coverage. Finding the best rates is easy if you know what you’re doing. Drivers just need to learn the most efficient way to get comparison rates online.

Compare auto insurance quotes online

There are a lot of ways to compare auto insurance prices but there is one way that is more efficient than others. You can waste hours talking to local insurance agents in your area, or you can utilize online quotes to accomplish the same thing much quicker.

Many companies take part in a program where prospective buyers enter their policy data once, and at least one company provides a quote. This eliminates the need for quotation requests for each company you want a rate for.

To get comparison pricing now click here (opens in new window).

The one disadvantage to using this type of system is you cannot specify which carriers to receive prices from. So if you want to choose specific insurance companies for rate comparison, we have a listing of auto insurance companies in your area. View list of insurance companies.

You can choose any of those ways to find more affodable coverage, but try to keep the same coverage data for every company. If the quotes have unequal deductibles or liability limits then you won’t be able to find the best deal for your GMC Sierra 2500.

How much auto insurance do I need?

When it comes to choosing adequate coverage for your vehicles, there is no “perfect” insurance plan. Each situation is unique so your insurance should reflect that These are some specific questions might help in determining if your insurance needs would benefit from professional advice.

  • Why is insurance for a teen driver so high?
  • When would I need additional glass coverage?
  • Does my policy cover me when driving someone else’s vehicle?
  • Is my state a no-fault state?
  • What if I owe more than I can insure my car for?
  • Should I get collision insurance on every vehicle?
  • Do I need rental car coverage?
  • Is a fancy paint job covered?
  • Why am I required to buy high-risk coverage?

If you can’t answer these questions but one or more may apply to you, you may need to chat with an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It is quick, free and may give you better protection.

Insurance coverage basics

Learning about specific coverages of a insurance policy can help you determine appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. These are typical coverage types found on most insurance policies.

Comprehensive protection – This pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as a broken windshield, damage from a tornado or hurricane, vandalism and damage from getting keyed. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision coverage – Collision coverage pays for damage to your Sierra 2500 from colliding with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as crashing into a ditch, hitting a parking meter, sideswiping another vehicle and scraping a guard rail. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to bump up the deductible to bring the cost down.

Auto liability – This coverage will cover damage that occurs to other people or property. It protects you against claims from other people. It does not cover your injuries or vehicle damage.

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. Your policy might show liability limits of 25/50/25 which stand for a limit of $25,000 per injured person, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Occasionally you may see a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability coverage pays for claims such as repair bills for other people’s vehicles, court costs, funeral expenses and structural damage. How much coverage you buy is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Uninsured or underinsured coverage – Your UM/UIM coverage gives you protection from other motorists when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked. Most of the time these coverages are set the same as your liablity limits.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses like dental work, pain medications and funeral costs. They are used in conjunction with a health insurance plan or if you lack health insurance entirely. They cover all vehicle occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay