How Much Does 2003 GMC Sierra 1500HD Insurance Cost?

Are you regretting the purchase of overpriced insurance coverage? Believe me, there are lots of people in the same boat. Many car insurance companies vie for your insurance dollar, so it’s not easy to compare every insurer to find the lowest cost out there.

Smart consumers take time to compare rates before your next renewal because prices are rarely the same from one policy term to another. Just because you found the best deal on SierraHD insurance six months ago you can probably find a lower rate today. Block out anything you think you know about insurance coverage because you’re going to get a crash course in one of the easiest ways to remove unneeded coverages and save money.

If you have a policy now or need new coverage, you will benefit by learning to shop for the lowest rates while maximizing coverage. Finding the best rates is easy if you know what you’re doing. Vehicle owners only need an understanding of the most efficient way to buy insurance coverage online.

Take policy discounts and save

Buying car insurance is not cheap, but you might find some hidden discounts that could drop your premiums quite a bit. Certain discounts will be applied when you complete an application, but a few must be specially asked for prior to getting the savings.

  • Student Discounts – This discount can be rewarded with saving of up to 25%. This discount can apply well after school through age 25.
  • No Claims – Drivers with accident-free driving histories are rewarded with significantly better rates on insurance coverage quote when compared with bad drivers.
  • Early Renewal Discounts – Select companies give a discount for buying a policy early. You could save around 10% when you buy insurance coverage online.
  • College Student Discount – who are enrolled in a college that is more than 100 miles from home without a vehicle on campus could get you a discount.
  • Drive Less and Save – Fewer annual miles on your GMC may enable drivers to earn discounted rates on garaged vehicles.
  • Bundled Policy Discount – If you insure your home and vehicles with one insurance company they may give you a discount of at least 10% off all policies.
  • Passive Restraint Discount – Options like air bags or automatic seat belts can receive discounts as much as 30%.

Remember that most discounts do not apply to the entire cost. Most only apply to individual premiums such as comp or med pay. Even though it appears all those discounts means the company will pay you, car insurance companies aren’t that generous.

To see a list of insurers that offer many of these discounts, click here to view.

Compare quotes for car insurance

Lowering your 2003 GMC Sierra 1500HD car insurance rates is not a difficult process. Consumers just need to spend a little time comparing price quotes online with multiple companies. It’s super easy and can be done in just a few minutes using one of these methods.

  • Probably the best way to get the best comparison quotes is to use a rate comparison form like this one (opens in new window). This quick form keeps you from doing separate quote forms for every car insurance company. Just one form will get you rate comparisons from many national carriers.
  • A more time consuming way to get comparison quotes is spending the time to visit the website for each individual company and repeat the quote process. For examples sake, let’s assume you want to view quotes from Allstate, Liberty Mutual and American Family. You would need to spend time on each company’s site to enter the same coverage data repeatedly, which is why the first method is quicker. To view a list of companies in your area, click here.

It doesn’t matter which method you choose, just compare identical coverage data for each quote you get. If you are comparing different values for each quote then you won’t be able to determine the best price for your GMC Sierra 1500HD.

Which policy gives me the best coverage?

When it comes to buying the right insurance coverage for your vehicles, there isn’t really a single plan that fits everyone. Coverage needs to be tailored to your specific needs so your insurance needs to address that. These are some specific questions might help in determining whether your personal situation could use an agent’s help.

  • Do I have any recourse if my insurance company denies a claim?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Why am I required to buy liability insurance?
  • Who is covered by my policy?
  • Should I have combined single limit or split liability limits?
  • Am I covered if I crash into my own garage door?
  • I have health insurance so do I need medical payments coverage?

If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies. It is quick, free and may give you better protection.

Auto insurance coverages 101

Knowing the specifics of your policy helps when choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Shown next are typical coverages available from auto insurance companies.

UM/UIM Coverage

This coverage gives you protection when other motorists either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your GMC Sierra 1500HD.

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 should not be overlooked. Usually these limits are identical to your policy’s liability coverage.

Comprehensive or Other Than Collision

Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as damage from flooding, vandalism, a broken windshield, theft and hail damage. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Collision coverage protection

Collision coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision insurance covers things like rolling your car, damaging your car on a curb, scraping a guard rail, colliding with a tree and crashing into a building. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. You can also increase the deductible to save money on collision insurance.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses for things like funeral costs, EMT expenses, nursing services, pain medications and surgery. They are used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to all vehicle occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Auto liability

This can cover damages or injuries you inflict on people or other property that is your fault. This coverage protects you against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 50/100/50 that means you have $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Another option is a combined limit which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against claims like repair costs for stationary objects, medical services, pain and suffering and structural damage. How much coverage you buy is your choice, but you should buy as much as you can afford.

Quote more. Save more.

When trying to cut insurance costs, do not sacrifice coverage to reduce premiums. In too many instances, an insured dropped collision coverage and learned later that the small savings ended up costing them much more. The aim is to buy a smart amount of coverage at the best possible price, but do not sacrifice coverage to save money.

A few companies do not offer internet price quotes and usually these smaller companies sell through independent agents. Cheap 2003 GMC Sierra 1500HD insurance can be bought both online as well as from independent agents, and you should be comparing both to have the best rate selection.

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