How Much Does 2018 GMC Sierra 1500 Insurance Cost?

Want the cheapest auto insurance rates for your GMC Sierra 1500? Do you get exhausted from robbing Peter to pay Paul to pay auto insurance each month? You are in the same boat as many other drivers.

With drivers having so many auto insurance companies to choose from, it is hard for the average consumer to pick a more affordable insurance company.

It’s smart to get comparison quotes at least once a year because prices trend upward over time. Despite the fact that you may have had the lowest rates on Sierra insurance a few years ago there is a good chance you can find better rate quotes now. Ignore everything you know about auto insurance because I’m going to let you in on the secrets to the quickest way to reduce your cost while improving coverage.

Compare quotes for car insurance

Shopping for lower car insurance rates is a ton of work if you aren’t aware of the most efficient way. You could spend your day driving to agents in your area, or you can stay home and use the internet to achieve your goal.

Many insurance companies participate in a marketplace that enables customers to submit their information once, and each company provides a quote for coverage. This system prevents you from having to do quotation requests for each company.

To compare pricing click here to open in new window.

The only drawback to using this type of system is you cannot specify the insurers you want pricing from. If you prefer to choose from a list of companies to receive pricing from, we have a listing of low cost car insurance companies in your area. Click here to view list.

It doesn’t matter which method you choose, just make absolute certain that you use apples-to-apples coverage limits for every quote you compare. If your comparisons have different values for each quote it will be impossible to truly determine the lowest rate. Slightly different insurance coverages or limits could skew the results. And when comparison shopping, comparing more quotes helps locate a lower rate.

Use discounts on car insurance

Auto insurance companies don’t always publicize every discount very clearly, so the following list contains some of the best known and also the lesser-known savings tricks you should be using when you buy auto insurance online. If you don’t get every credit you qualify for, you’re just leaving money on the table.

  • Theft Deterent Discount – Vehicles equipped with tracking devices and advanced anti-theft systems can help prevent theft and therefore earn up to a 10% discount.
  • Telematics Discount – Insureds who allow driving data submission to track when and where they use their vehicle by using a small device installed in their vehicle such as Drivewise from Allstate or Snapshot from Progressive could save a few bucks if they show good driving skills.
  • Payment Discounts – By paying your policy upfront instead of making monthly payments you could save up to 5%.
  • Active Service Discounts – Being on active duty in the military could qualify you for better rates.
  • E-sign – A few larger online companies will give you a small discount get auto insurance on the web.
  • Organization Discounts – Joining qualifying employment or professional organizations could trigger savings on your next renewal.
  • Driver Education Discount – Have your child sucessfully take a drivers education course if offered at their school.

Discounts lower rates, but most of the big mark downs will not be given to the overall cost of the policy. Most only apply to the price of certain insurance coverages like comp or med pay. If you do the math and it seems like all the discounts add up to a free policy, insurance companies wouldn’t stay in business.

Auto insurance companies that may offer some of the above discounts include:

If you are trying to find the cheapest auto insurance quotes, ask every insurance company to give you their best rates. Some discounts may not apply to policyholders in your area. For a list of insurance companies who offer car insurance discounts, click here.

Tailor your insurance coverage to you

When choosing proper insurance coverage, there really is no one size fits all plan. Everyone’s situation is unique so your insurance needs to address that. Here are some questions about coverages that may help you determine whether or not you may require specific advice.

  • Can I afford low physical damage deductibles?
  • Is business property covered if stolen from my car?
  • Where can I find DUI or SR-22 insurance?
  • Is upholstery damage covered by car insurance?
  • Is my dog or cat covered if injured in an accident?
  • Does my liability insurance cover pulling a trailer or camper?

If you can’t answer these questions, you may need to chat with an agent. To find an agent in your area, complete this form or click here for a list of insurance companies in your area.

You can change your insurance rates

Lots of things are part of the calculation when pricing auto insurance. Some of the criteria are obvious such as your driving record, but other factors are more transparent such as whether you are married or how safe your car is.

  • Men pay more for auto insurance – Over the last 50 years, statistics have shown that females tend to be a little less risky than males. It does not mean men are WORSE drivers than women. Males and females tend to get into at-fault accidents at a similar rate, but guys cause more damage. They also have more aggressive citations like DWI (DUI) or reckless driving.
  • How old are your drivers? – Older people have been proven to be more responsible, statistically cause fewer accidents and get fewer tickets.Beginning drivers are known to be careless and easily distracted when at the wheel of a vehicle so car insurance rates are higher.
  • Better drivers have lower rates – Your driving citation history has a lot to do with how much you pay for insurance. Good drivers tend to pay less for car insurance than people who have multiple driving citations. Getting just one driving citation can boost insurance rates by twenty percent. Drivers who get severe tickets like DUI or reckless driving might be required by their state to complete a SR-22 with their state’s licensing department in order to continue driving.
  • Qualify for multi-policy discounts – Most larger companies will give better rates to policyholders who consolidate policies with them, otherwise known as a multi-policy discount. Even if you already get this discount, you may still want to compare other insurance prices to ensure the best deal.
  • Your car’s features help determine car insurance rates – Choosing to buy a car that has a built-in theft deterrent system can help lower your rates. Theft deterrent systems like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping your vehicle from being stolen.
  • A lcar insurance lapse is a bad thing – Allowing your car insurance policy to lapse can be a quick way to increase your renewal premiums. In addition to paying higher premiums, not being able to provide proof of insurance will get you fines or a revoked license.
  • Safer vehicles cost less to insure – Vehicles that have high safety ratings get lower rates. Highly rated vehicles help reduce the chance of injuries in an accident and fewer serious injuries means your insurance company pays less and thus lower rates. If your GMC Sierra 1500 has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
  • Drive less and save – The higher the miles on your GMC each year the more it will cost to insure it. Most insurance companies calculate rates based upon how you use the vehicle. Vehicles that sit idle most of the time receive lower rates than vehicles that have high annual mileage. Double check that your car insurance policy correctly shows how each vehicle is driven, because it can save money. Having an incorrect usage rating on your Sierra 1500 may be wasting your money.

Car insurance policy specifics

Understanding the coverages of your policy aids in choosing the right coverages for your vehicles. Policy terminology can be ambiguous and reading a policy is terribly boring. Shown next are the usual coverages available from car insurance companies.

Medical expense coverage

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses for things like funeral costs, EMT expenses, prosthetic devices, pain medications and surgery. The coverages can be used to fill the gap from your health insurance program or if you are not covered by health insurance. They cover both the driver and occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state and may carry a deductible

Uninsured or underinsured coverage

This coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and damage to your GMC Sierra 1500.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Collision protection

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

Collision insurance covers things like backing into a parked car, colliding with another moving vehicle, rolling your car and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Liability auto insurance

This protects you from damage that occurs to a person or their property by causing an accident. This insurance protects YOU against claims from other people. It does not cover damage to your own property or vehicle.

Coverage consists of three different 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 that means you have $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability insurance covers things such as funeral expenses, structural damage and pain and suffering. How much coverage you buy is a personal decision, but you should buy higher limits if possible.

Comprehensive protection

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like damage from getting keyed, a broken windshield and hail damage. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Smart shoppers get results

When searching for inexpensive auto insurance quotes, never sacrifice coverage to reduce premiums. In too many instances, someone sacrificed physical damage coverage and learned later that the small savings ended up costing them much more. Your goal should be to purchase plenty of coverage at a price you can afford, but do not skimp to save money.

We’ve covered a lot of tips how to save on 2018 GMC Sierra 1500 insurance. The key thing to remember is the more companies you get prices for, the better your comparison will be. Consumers could even find that the best premium rates are with some of the smallest insurance companies. Some small companies may often insure only within specific states and give getter rates than the large multi-state companies such as Allstate or State Farm.

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