Lower Your 2014 GMC Sierra 1500 Car Insurance Cost

Looking for the cheapest insurance coverage rates for your GMC Sierra 1500? Have you had enough of trying to scrape together enough money to pay high insurance coverage rates every month? You’re in the same situation as many other consumers.

There are many auto insurance companies to purchase coverage from, and although it’s a good thing to be able to choose, too many choices makes it more difficult to find the best rates for your vehicles.

It’s smart to do price comparisons periodically because rates fluctuate regularly. Just because you found the lowest premium rates for Sierra coverage a year ago you can probably find a lower rate today. There is a lot of wrong information about insurance coverage online but by reading this article, you’re going to learn some of the best ways to lower your insurance coverage bill.

Low cost car insurance prices

To find cheap car insurance quotes, there are several ways of comparing rates from local car insurance companies. The best way to compare rates involves getting comparison quotes online. It’s really quite simple and can be done in a couple of different ways.

1. If you’re in a hurry, the quickest way to get quotes for comparison is to use a rate comparison form (click to open form in new window). This type of form saves time by eliminating boring form submissions for every car insurance company. In just a few minutes this one form compares rates from many national carriers.
2. A more difficult way to get comparison quotes is spending the time to visit each company’s website and request a quote. For sake of this example, we’ll pretend you want to get rates from Liberty Mutual, Safeco and GEICO. In order to compare rates, you need to spend time on each company’s site and enter your policy data, which is why the first method is more popular.

   To view a list of companies in your area, click here.

It’s up to you which method you use, but make absolute certain that you use nearly identical coverages and limits for each comparison quote. If each company quotes different limits and deductibles on each one you will not be able to make a fair comparison for your GMC Sierra 1500. Even a minor difference in coverages can mean a large discrepancy in price. And when comparing car insurance rates, know that quoting more helps improve the odds of finding a lower rate. Some regional insurers cannot provide price estimates online, so you also need to get rates from those companies as well.

Lower your insurance rates with discounts

Companies offering auto insurance don’t always publicize every disount available very well, so the below list has both well-publicized and the more hidden credits available to lower your premiums when you buy car insurance online.

• Drive Less and Save – Maintaining low annual mileage may allow you to get slightly better rates than normal.
• One Accident Forgiven – This one is not really a discount per se, but a handful of insurance companies will allow you to have one accident without raising rates if you are claim-free for a certain period of time.
• Good Drivers – Accident-free drivers can save up to 40% or more on their car insurance quote for Sierra coverage than their less cautious counterparts.
• Senior Citizen Discount – If you qualify as a senior citizen, you may be able to get a slight reduction on a car insurance quote for Sierra coverage.
• Online Discount – A few insurance companies will provide an incentive for completing your application on their website.
• Telematics Data – Insureds that choose to allow driving data collection to study where and when they drive by using a telematics device in their vehicle such as Progressive’s Snapshot may see discounts if they show good driving skills.

As a footnote on discounts, many deductions do not apply to your bottom line cost. Most cut individual premiums such as comprehensive or collision. So when the math indicates you would end up receiving a 100% discount, insurance companies wouldn’t stay in business. But all discounts will help lower your insurance premiums.

To view providers that offer some of these discounts, click here to view.

You are unique and your auto insurance should be too

When buying the right insurance coverage, there really is not a best way to insure your cars. Everyone’s situation is unique so your insurance needs to address that. Here are some questions about coverages that might help in determining if you may require specific advice.

• Can I rate high risk drivers on liability-only vehicles?
• Does my personal policy cover me when driving out-of-state?
• Are my friends covered when driving my 2014 GMC Sierra 1500?
• Is business property covered if stolen from my car?
• Can I drive in Mexico and have coverage?
• Why am I required to buy liability insurance?
• Do I have coverage when using my vehicle for my home business?
• What is the minimum liability in my state?
• Can my teen drive my company car?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of auto insurance companies in your area.

Auto insurance coverage information

Having a good grasp of a insurance policy can be of help when determining the best coverages for your vehicles. The coverage terms in a policy can be confusing and reading a policy is terribly boring. Shown next are the normal coverages offered by insurance companies.

Comprehensive insurance

This covers damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as hitting a bird, a tree branch falling on your vehicle and theft. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage gives you protection from other drivers when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your GMC Sierra 1500.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.

Liability

Liability coverage can cover damage or injury you incur to other people or property by causing an accident. It protects you from claims by other people. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: 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 that translate to $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability insurance covers things like emergency aid, medical services and loss of income. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as high a limit as you can afford.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for chiropractic care, prosthetic devices, dental work, hospital visits and rehabilitation expenses. They are often utilized in addition to your health insurance plan or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Collision protection

This will pay to fix damage to your Sierra 1500 from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as damaging your car on a curb, rolling your car, driving through your garage door and hitting a mailbox. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Drivers also have the option to increase the deductible in order to get cheaper collision rates.