No one cherishes buying insurance coverage, especially when their premiums are too high.
You have multiple auto insurance companies to choose from, and although it’s a good thing to have a choice, too many choices makes it more difficult to compare company pricing.
Consumers need to take a look at other company’s rates before your policy renews due to the fact that insurance rates tend to go up over time. Just because you found the lowest price for Sierra coverage two years ago a different company probably has better rates today. Forget all the misinformation about insurance coverage because you’re about to find out one of the best ways to find better coverage at a better price.
Buying car insurance is quite easy. If you are paying for car insurance now, you will most likely be able to lower your premiums substantially using these techniques. Nevertheless, drivers must understand the way companies compete online and use this information to your advantage.
The are a couple different ways of comparing rates from auto insurance companies in your area. The best method to find competitive 1993 GMC Sierra 1500 insurance rates involves getting comparison quotes online. This can be done in several different ways.
To view a list of companies in your area, click here.
It doesn’t matter which method you choose, just double check that you are using apples-to-apples quote information on every quote you get. If each company quotes different deductibles then you won’t be able to find the best deal for your GMC Sierra 1500. Quoting even small variations in insurance coverages can result in a big premium difference. And when quoting auto insurance, remember that more quotes gives you a better chance of getting the best price.
When it comes to choosing the right insurance coverage for your vehicles, there really is no 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 may help highlight if you would benefit from an agent’s advice.
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 an agent. To find an agent in your area, complete this form or click here for a list of insurance coverage companies in your area.
Learning about specific coverages of insurance can be of help when determining appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. These are the usual coverages found on the average insurance policy.
Comprehensive (Other than Collision)
Comprehensive insurance covers damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive coverage pays for things such as damage from getting keyed, rock chips in glass and hitting a bird. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Auto liability
This will cover damage that occurs to other people or property. It protects YOU from legal claims by others. 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. As an example, you may have liability limits of 25/50/25 which means $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 protects against things like loss of income, court costs, structural damage and attorney fees. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as much as you can afford.
Medical expense insurance
Medical payments and Personal Injury Protection insurance pay for short-term medical expenses for things like chiropractic care, X-ray expenses, rehabilitation expenses, funeral costs and ambulance fees. They can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not available in all states and may carry a deductible
Protection from uninsured/underinsured drivers
This coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as your vehicle’s damage.
Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.
Collision protection
This covers damage to your Sierra 1500 resulting from colliding with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage protects against things like colliding with another moving vehicle, driving through your garage door, crashing into a ditch and sideswiping another vehicle. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.