Searching for the cheapest insurance rates for your GMC Sierra 1500? Are you tired of paying out the nose each month for car insurance? You are in the same boat as many other drivers.
Big companies like State Farm, Geico and Farmers Insurance all claim big savings with TV and radio ads and it is challenging if not impossible to ignore the propoganda and take the time to shop coverage around.
There are a lot of ways to compare car insurance quotes, but one way is easier and takes less work. You could waste a few hours discussing policy coverages with insurance companies in your area, or you could use online quoting to accomplish the same thing much quicker.
Many popular insurance companies belong to an insurance system that allows shoppers to submit their information once, and each company then gives them pricing. This system prevents you from having to do quote forms for each company you want a rate for. To compare 1999 GMC Sierra 1500 rates now click to open in new window.
The one disadvantage to using this type of system is that you can’t choose which providers you will receive quotes from. If you wish to select from a list of companies to compare rates, we put together a list of the cheapest car insurance companies in your area. Click here for list of insurance companies.
Whichever way you use, make darn sure you compare exactly the same quote information for every company. If you have different liability limits it will be next to impossible to make a fair comparison for your GMC Sierra 1500. Having just a slight variation in coverage limits may result in large price differences. And when price shopping your coverage, quoting more will enable you to find the best rates.
It’s important that you understand the rating factors that help determine your insurance rates. Having a good understanding of what determines base rates helps enable you to make changes that could result in big savings.
The following are a few of the “ingredients” that factor into premiums.
Insurance can cost an arm and a leg, but companies offer discounts to help bring down the price. Some discounts apply automatically when you quote, but a few must be specifically requested before you will receive the discount.
As a disclaimer on discounts, some credits don’t apply to the overall cost of the policy. The majority will only reduce the price of certain insurance coverages like medical payments or collision. So even though it sounds like all the discounts add up to a free policy, companies wouldn’t make money that way. But all discounts will reduce the cost of coverage.
Insurance companies who might offer these discounts may include but are not limited to:
Double check with every prospective company what discounts are available to you. Savings may not be available in your state.
When buying coverage for your personal vehicles, there really is not a “best” method to buy coverage. Everyone’s needs are different so your insurance needs to address that. For example, these questions may help highlight if you will benefit from professional help.
If you can’t answer these questions but one or more may apply to you, you may need to chat with an agent. If you want to speak to an agent in your area, complete this form or click here for a list of car insurance companies in your area.
Learning about specific coverages of auto insurance helps when choosing which coverages you need for your vehicles. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. These are the usual coverages found on the average auto insurance policy.
This coverage gives you protection when other motorists do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your 1999 GMC Sierra 1500.
Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea. Normally these coverages are set the same as your liablity limits.
This coverage will pay to fix damage to your Sierra 1500 resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.
Collision coverage pays for claims like colliding with another moving vehicle, hitting a parking meter, crashing into a ditch and hitting a mailbox. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible to bring the cost down.
Personal Injury Protection (PIP) and medical payments coverage kick in for bills for things like hospital visits, X-ray expenses, rehabilitation expenses, nursing services and ambulance fees. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is only offered in select states and may carry a deductible
This coverage can cover damage that occurs to other’s property or people in an accident. This insurance protects YOU from legal claims by others, and does not provide coverage for your injuries or vehicle damage.
It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 25/50/25 that translate to a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery. Another option is a combined limit which provides one coverage limit without having the split limit caps.
Liability coverage protects against things like bail bonds, court costs, structural damage, medical expenses and pain and suffering. How much coverage you buy is your choice, but you should buy higher limits if possible.
This pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive coverage pays for things such as damage from getting keyed, vandalism, fire damage and damage from flooding. The most you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
When trying to cut insurance costs, make sure you don’t skimp on critical coverages to save a buck or two. There have been many cases where drivers have reduced liability limits or collision coverage to discover at claim time that it was a big mistake. The ultimate goal is to find the BEST coverage for the lowest price, not the least amount of coverage.
The cheapest 1999 GMC Sierra 1500 insurance is possible online in addition to many insurance agents, and you should be comparing both in order to have the best chance of saving money. A few companies do not provide online price quotes and many times these small, regional companies only sell through independent insurance agents.