Cheap 2005 GMC Sierra 1500 Insurance Quotes

Nobody is fond of buying car insurance, in particular when they could lower their rates if they shopped around.

Due to the increasing number of companies and agents to choose from, it can be challenging to find a lower cost company.

How to get free insurance coverage quotes online

Performing a rate comparison can be a daunting task if you don’t utilize the easiest way. You can spend your afternoon discussing policy coverages with insurance companies in your area, or you can utilize the web to get rates in a matter of minutes.

The majority of car insurance companies belong to an insurance system that allows shoppers to send in one quote, and every company returns a rated price. This prevents consumers from doing quote requests for every insurance coverage company.

To find out how much you can save on insurance coverage click to open in new window.

The one disadvantage to pricing coverage this way is that consumers can’t choose which companies you want pricing from. If you wish to select from a list of companies to compare rates, we put together a list of companies who write insurance coverage in your area. Click here for list of insurance companies.

Whichever way you choose to compare rates, compare apples-to-apples coverages for each quote you get. If you compare higher or lower deductibles you will not be able to make a fair comparison for your GMC Sierra 1500. Having just a slight variation in coverage limits can result in a big premium difference. And when comparing insurance coverage rates, know that comparing a large number of companies will enable you to find more affordable insurance. Not every company does price estimates online, so you also need to get price estimates on coverage from those companies, too.

Verify you’re receiving every discount

Car insurance is not an enjoyable expense, but you may be missing some discounts that many people don’t even know exist. Many of these discounts will be applied automatically at the time of purchase, but some discounts are required to be specially asked for before they will apply.

• Good Student – Being a good student can save 20 to 25%. You can use this discount normally up to age 25.
• Claim Free – Insureds who avoid accidents and claims pay less as opposed to accident-prone drivers.
• Low Mileage – Maintaining low annual mileage can earn substantially lower prices.
• Federal Government Employee – Active or retired federal employment can save as much as 8% on Sierra coverage depending on your car insurance provider.
• Multi-policy Discount – If you insure your home and vehicles with the same company you may earn at least 10 to 15 percent or more.

It’s important to understand that some of the credits will not apply to the entire cost. Some only reduce the cost of specific coverages such as comp or med pay. So when it seems like having all the discounts means you get insurance for free, car insurance companies aren’t that generous. But any discount should definitely cut your premiums.

Larger car insurance companies and a partial list of their discounts are detailed below.

• GEICO offers discounts including anti-lock brakes, multi-policy, daytime running lights, defensive driver, membership and employees, and five-year accident-free.
• Mercury Insurance may include discounts for location of vehicle, multi-car, age of vehicle, good student, good driver, annual mileage, and ease of repair.
• Farmers Insurance offers premium reductions for alternative fuel, early shopping, business and professional, electronic funds transfer, good student, and youthful driver.
• Auto-Owners Insurance has discounts for good student, student away at school, mature driver, multiple vehicles, and paid in full.
• Liberty Mutual discounts include good student, multi-car, new vehicle discount, new graduate, safety features, new move discount, and preferred payment discount.
• SAFECO policyholders can earn discounts including homeowner, teen safe driver, anti-theft, bundle discounts, safe driver, accident prevention training, and drive less.
• Progressive includes discounts for multi-policy, online signing, homeowner, multi-vehicle, good student, and online quote discount.
• USAA may offer discounts for annual mileage, family discount, military installation, driver training, multi-vehicle, loyalty savings, and safe driver.

If you want low cost insurance quotes, ask each insurance company to apply every possible discount. Some discounts might not be available to policyholders in your state. If you would like to see a list of car insurance companies that provide some of the discounts listed above, click here to view.

When should I discuss my situation with an agent?

When it comes to buying adequate coverage for your vehicles, there isn’t really a one size fits all plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. These are some specific questions can aid in determining if your situation might need an agent’s assistance.

• Am I covered when driving in Canada or Mexico?
• What if I owe more than I can insure my car for?
• Is my nanny covered when driving my vehicle?
• Am I insured when driving a different vehicle?
• Is my trailer covered?
• What is roadside assistance coverage?

If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area.

Coverages available on your insurance policy

Having a good grasp of insurance can help you determine the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are typical coverage types available from insurance companies.

Coverage for medical expenses

Med pay and PIP coverage kick in for expenses for things like hospital visits, funeral costs, surgery, EMT expenses and doctor visits. They are used in conjunction with a health insurance program or if there is no health insurance coverage. Coverage applies to you and your occupants and also covers any family member struck as a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay

Comprehensive insurance

Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as a broken windshield, damage from getting keyed and rock chips in glass. The maximum payout your insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision coverage protection

This will pay to fix damage to your Sierra 1500 resulting from a collision with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as backing into a parked car, sustaining damage from a pot hole, colliding with a tree, rolling your car and hitting a mailbox. This coverage can be expensive, so consider dropping it from older vehicles. It’s also possible to increase the deductible in order to get cheaper collision rates.

Liability car insurance

Liability insurance will cover injuries or damage you cause to other people or property by causing an accident. It protects YOU from claims by other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 50/100/50 which means a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property.

Liability insurance covers things such as medical services, repair bills for other people’s vehicles, court costs, attorney fees and funeral expenses. How much coverage you buy is your choice, but buy as much as you can afford.

Coverage for uninsured or underinsured drivers

This gives you protection when the “other guys” do not carry enough liability coverage. This coverage pays for injuries to you and your family and damage to your 2005 GMC Sierra 1500.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.