Lower Your 2012 GMC Sierra 1500 Car Insurance Rates

Want cheaper auto insurance rates for your GMC Sierra 1500? I can’t think of a single person who loves paying for auto insurance, especially knowing they could find better rates elsewhere.

Because there are so many companies and agents to choose from, it can be impossible to find the cheapest insurance company.

Smart consumers take time to compare premium rates at least once a year due to the fact that insurance prices change quite often. Despite the fact that you may have had the lowest price on Sierra coverage six months ago you can probably find a lower rate today. Forget all the misinformation about auto insurance because I’m going to teach you the best way to properly buy coverages and cut your premium.

Finding the lowest cost protection is not that difficult. Basically, anyone who shops for insurance should be able to find better rates. Nevertheless, car owners must know how insurance companies price insurance differently because it can help you find the best coverage.

Informed drivers save more

Many different elements are used in the calculation when you quote your car insurance policy. Some of the criteria are obvious like an MVR report, although some other factors are more transparent such as whether you are married or how financially stable you are.

The list below includes most of the major factors that factor into rates.

  • More miles driven equals more premium – Driving more miles each year the higher your rates will be. The majority of insurers calculate prices based upon how much you drive. Cars and trucks that do not get driven very much receive lower rates compared to those used for work or business. Ask your agent if your vehicle rating is showing the proper vehicle usage. Improper usage on your Sierra 1500 may be wasting your money.
  • Marriage is a factor – Walking down the aisle actually saves money on your car insurance bill. Having a significant other translates into being more mature and insurance companies like that drivers who are married are more cautious.
  • Teen drivers pay more – Teen drivers are statistically shown to be careless and easily distracted when driving with friends so they pay higher car insurance rates. Mature drivers are proven to be safer behind the wheel, file fewer claims and get fewer tickets.
  • Incidental coverages are wasting money – There are a lot of additional coverages that you can buy on your Sierra 1500 policy. Things like rental car coverage, high-cost glass coverage, and extra equipment coverage are probably not needed. They may sound like good ideas when talking to your agent, but if they’re wasting money eliminate them to save money.

The best way we recommend to compare insurance rates in your area is to understand most of the larger companies participate in a system to give rate comparisons. All you need to do is provide information like the ages of drivers, deductibles desired, an estimate of your credit level, and if you’re married. That rating data is then submitted to multiple different insurance companies and you receive quotes within a short period of time.

If you would like to start a quote now, click here and see if a lower rate is available.

Auto insurance policy discounts

Some insurers don’t necessarily list all possible discounts very well, so we break down a few of the more common as well as the least known credits that may apply to you.

  • Low Mileage – Keeping the miles down on your GMC can qualify you for lower premium rates due to less chance of an accident.
  • Seat Belt Discounts – Drivers who require all vehicle occupants to use a seat belt can save up to 10 percent (depending on the company) off the medical payments premium.
  • Discounts for Government Workers – Being employed by or retired from a federal job may qualify for a discount when you quote insurance on Sierra coverage with select insurance companies.
  • ABS and Traction Control Discounts – Cars and trucks with anti-lock braking systems are safer to drive and the ABS can save up to 10%.
  • Anti-theft Discount – Vehicles optioned with advanced anti-theft systems are less likely to be stolen and will qualify for a discount on a insurance quote.
  • Switch and Save Discount – Some insurance companies give discounts for signing up early. This can save 10% or more.
  • Save with a New Car – Buying a new car instead of a used car can be considerably cheaper compared to insuring an older model.
  • Accident Forgiveness Coverage – Not a discount per se, but a handful of insurance companies permit an accident before hitting you with a surcharge if you have no claims prior to being involved in the accident.
  • 55 and Retired – If you’re over the age of 55, you can possibly qualify for a discount up to 10% on Sierra coverage.
  • Service Members Pay Less – Being on active deployment in the military could qualify you for better auto insurance rates.

A quick disclaimer, most of the big mark downs will not be given to the entire policy premium. Most cut the cost of specific coverages such as liability, collision or medical payments. So when the math indicates all those discounts means the company will pay you, you won’t be that lucky.

Some of the insurance companies that may offer quotes with these money-saving discounts include:

It’s a good idea to ask every company what discounts are available to you. Some of the discounts discussed earlier might not be offered on policies in your area. If you would like to choose from a list of providers who offer free auto insurance quotes, follow this link.

How do I know if I need professional advice?

When buying the right insurance coverage for your vehicles, there isn’t really a cookie cutter policy. Everyone’s situation is unique so your insurance needs to address that. These are some specific questions might help in determining if your situation may require specific advice.

  • When would I need additional glass coverage?
  • When do I need to add a new car to my policy?
  • Am I covered when pulling a rental trailer?
  • What should my uninsured motorist coverage limits be in my state?
  • Should I buy full coverage?
  • What is PIP insurance?
  • What is the rate difference between pleasure use and commuting?
  • When can I cancel my policy?
  • Am I covered if I hit my neighbor’s mailbox?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to an agent. To find lower rates from a local agent, complete this form or click here for a list of auto insurance companies in your area.

Car insurance 101

Knowing the specifics of your car insurance policy helps when choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be ambiguous and coverage can change by endorsement. Listed below are typical coverages found on most car insurance policies.

Medical costs insurance

Med pay and PIP coverage kick in for expenses like doctor visits, funeral costs, ambulance fees, dental work and rehabilitation expenses. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants and also covers any family member struck as a pedestrian. PIP is only offered in select states but can be used in place of medical payments coverage

Liability coverages

This coverage protects you from damage that occurs to a person or their property. It protects YOU against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 25/50/25 which means $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000. Alternatively, you may have one limit called combined single limit (CSL) that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as bail bonds, court costs, medical services, legal defense fees and funeral expenses. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

UM/UIM Coverage

Your UM/UIM coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your GMC Sierra 1500.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked. Frequently the UM/UIM limits are set the same as your liablity limits.

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays to fix your vehicle from 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 insurance covers things such as hitting a bird, fire damage, a broken windshield and falling objects. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Coverage for collisions

This coverage pays to fix your vehicle from damage resulting from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like scraping a guard rail, hitting a mailbox and driving through your garage door. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. It’s also possible to increase the deductible to bring the cost down.

Buy Smart and Save

While you’re price shopping online, never sacrifice coverage to reduce premiums. There have been many situations where an insured dropped collision coverage to discover at claim time that they should have had better coverage. The aim is to get the best coverage possible at an affordable rate, but don’t skip important coverages to save money.

Lower-priced car insurance is definitely available on the web and also from your neighborhood agents, so you should compare both in order to have the best price selection to choose from. Some insurance companies do not offer the ability to get a quote online and most of the time these smaller providers sell through local independent agents.

In this article, we covered many ways to shop for 2012 GMC Sierra 1500 insurance online. The most important thing to understand is the more providers you compare, the higher the chance of saving money. Drivers may discover the biggest savings come from some of the lesser-known companies. They can often provide lower premium rates in certain areas than the large multi-state companies such as State Farm, GEICO and Nationwide.

For more information, link through to the articles below: