2009 GMC Sierra 1500 Insurance Cost

Being forced to pay for overpriced insurance premiums can dwindle your checking account and possibly require you to analyze your spending habits. Comparing price quotes can save money and help to lower your monthly bill.

Lots of insurance companies contend for your business, so it can be very hard to choose a insurer to find the lowest rate

It’s a good habit to do price comparisons once or twice a year because prices change frequently. If you had the best deal for Sierra insurance a year ago you will most likely find a better premium rate today. Forget all the misinformation about insurance because you’re about to learn the things you must know in order to lower your annual insurance bill.

Take advantage of these money-saving discounts

Insurance can be prohibitively expensive, but companies offer discounts to reduce the price significantly. Some of these disounts will be visible when you complete an application, but a few must be inquired about in order for you to get them. If you are not receiving all the discounts you qualify for, you could be saving more on your car insurance.

  • New Vehicle Savings – Insuring a vehicle that is new may earn a small discount due to better safety requirements for newer models.
  • Discount for Multiple Policies – When you combine your auto and homeowners insurance with the same company you will save nearly 15% which can help you find affordable auto insurance.
  • Claim Free – Drivers who stay claim-free can earn big discounts as opposed to accident-prone drivers.
  • Drive Safe and Save – Drivers without accidents can pay as much as 50% less for Sierra insurance compared to accident prone drivers.
  • Safety Course Discount – Participating in a course that instructs on driving safety could possibly earn you a 5% discount and easily recoup the cost of the course.

As a sidenote, most discounts do not apply to your bottom line cost. A few only apply to individual premiums such as collision or personal injury protection. So when the math indicates it’s possible to get free car insurance, you’re out of luck.

A list of companies and their offered discounts are shown below.

  • State Farm may have discounts that include defensive driving training, Steer Clear safe driver discount, accident-free, anti-theft, and student away at school.
  • Liberty Mutual offers discounts for preferred payment discount, hybrid vehicle, safety features, new move discount, and good student.
  • American Family policyholders can earn discounts including defensive driver, early bird, Steer into Savings, mySafetyValet, multi-vehicle, accident-free, and good student.
  • Progressive has savings for continuous coverage, homeowner, online signing, multi-vehicle, good student, online quote discount, and multi-policy.
  • Farmers Insurance includes discounts for pay in full, electronic funds transfer, teen driver, distant student, homeowner, and business and professional.
  • Auto-Owners Insurance may include discounts for anti-theft, paperless, multi-policy, company car, paid in full, and teen driver.
  • SAFECO offers discounts including multi-car, bundle discounts, safe driver, accident prevention training, teen safety rewards, and teen safe driver.

If you want cheaper auto insurance quotes, ask each insurance company which discounts can lower your rates. Savings may not apply to policies in every state. To see a list of providers with discount rates, click this link.

Finding auto insurance

There are a variety of methods you can shop for auto insurance but one way is less time-consuming than others. You can spend your afternoon talking to insurance companies in your area, or you could save time and use online quoting to get rates in a matter of minutes.

Most of the larger companies are enrolled in a marketplace where prospective buyers enter their policy data once, and at least one company provides a quote based on that information. This prevents consumers from doing quote requests for each company.

To find out what other companies charge click here (opens in new window).

The only drawback to getting quotes like this is you can’t choose which carriers you want to price. If you would rather choose specific providers to compare rates, we have a listing of low cost auto insurance companies in your area. View list of insurance companies.

Whichever way you use, compare the exact same quote data on every price quote you get. If you enter unequal deductibles or liability limits it will be nearly impossible to determine which rate is truly the best.

Do I need special coverages?

When buying the right insurance coverage for your vehicles, there really is not a single plan that fits everyone. Coverage needs to be tailored to your specific needs so your insurance should reflect that These are some specific questions may help you determine if you would benefit from professional advice.

  • Is my babysitter covered when using my vehicle?
  • How does medical payments coverage work?
  • What is an SR-22 filing?
  • Should I buy full coverage?
  • Can I drive in Mexico and have coverage?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?

If it’s difficult to answer those questions, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

Parts of your insurance policy

Having a good grasp of your policy helps when choosing the best coverages for your vehicles. Policy terminology can be ambiguous and even agents have difficulty translating policy wording. Shown next are typical coverages found on most insurance policies.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP reimburse you for short-term medical expenses such as funeral costs, hospital visits, X-ray expenses, chiropractic care and rehabilitation expenses. They are often used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover you and your occupants as well as any family member struck as a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage gives you protection when the “other guys” either have no liability insurance or not enough. It can pay for hospital bills for your injuries and damage to your GMC Sierra 1500.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea.

Collision insurance

Collision coverage pays for damage to your Sierra 1500 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 colliding with a tree, sustaining damage from a pot hole, colliding with another moving vehicle and hitting a parking meter. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to raise the deductible to save money on collision insurance.

Comprehensive insurance

Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for things such as theft, hitting a bird, hitting a deer and a tree branch falling on your vehicle. The maximum amount your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Liability auto insurance

Liability coverage will cover damages or injuries you inflict on a person or their property that is your fault. This insurance protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 25/50/25 which stand for $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage pays for things such as attorney fees, funeral expenses, repair costs for stationary objects and emergency aid. How much coverage you buy is a personal decision, but buy as large an amount as possible.

Make a quick buck

Some insurance providers do not provide the ability to get a quote online and usually these regional insurance providers work with local independent agents. Low-cost 2009 GMC Sierra 1500 insurance can be sourced on the web and from local insurance agents, and you should compare price quotes from both so you have a total pricing picture.

As you go through the steps to switch your coverage, it’s not a good idea to buy lower coverage limits just to save a few bucks. There are many occasions where consumers will sacrifice liability coverage limits to discover at claim time that a couple dollars of savings turned into a financial nightmare. The aim is to purchase plenty of coverage at a price you can afford while still protecting your assets.

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