How Much Does 2011 GMC Sierra 1500 Hybrid Car Insurance Cost?

Want the cheapest auto insurance rates for your GMC Sierra 1500 Hybrid? Finding lower rates for auto insurance is always a challenge for consumers not familiar with buying insurance online. People have so many options that it can be a real challenge to compare prices.

It’s a great practice to compare rates periodically because insurance rates trend upward over time. Just because you had the lowest rates for Sierra Hybrid coverage six months ago there is a good chance you can find better rates now. Ignore everything you know about auto insurance because I’m going to let you in on the secrets to the only way to eliminate unnecessary coverages and save money.

Finding the best rates is easy if you know what you’re doing. If you are paying for car insurance now, you will be able to lower your premiums substantially using these techniques. But vehicle owners do need to know the methods companies use to price online insurance and take advantage of how the system works.

Car Insurance Prices

To find the best car insurance prices, there are several ways of comparing rate quotes from local car insurance companies. The best method to find the lowest 2011 GMC Sierra 1500 Hybrid rates is to perform an online rate comparison. This can be accomplished in just a few minutes using one of these methods.

  1. The single most time-saving way to compare a lot of rates at once is an all-inclusive rate comparison (click to open form in new window). This method eliminates the need for separate quotes for every car insurance company. One simple form compares rates from many national carriers. Just one form and you’re done.
  2. A slightly less efficient method to get quotes online requires a visit to the website of each company and request a quote. For examples sake, we’ll assume you want to compare rates from Farmers, Progressive and Geico. To find out each rate you need to visit each site and enter your policy data, which is why most consumers use the first method.

    For a list of links to insurance companies in your area, click here.

  3. The most time-consuming way of comparing rate quotes is to spend your day driving to different agent offices. The internet makes this process obsolete unless you prefer the trained guidance of a local agent. However, consumers can compare online quotes and still use a local agent. We’ll cover that shortly.

Whichever way you use, make absolute certain that you use apples-to-apples coverage information with every price quote. If the quotes have different limits and deductibles on each one it will be next to impossible to find the best deal for your GMC Sierra 1500 Hybrid. Having just a slight variation in coverage limits could mean much higher rates. Just remember that comparing a large number of companies gives you a better chance of getting lower pricing.

Policy discounts you shouldn’t miss

Car insurance companies do not list every discount in a way that’s easy to find, so the following is a list of both well-publicized and the more hidden savings tricks you should be using.

  • Accident Free – Good drivers with no accidents can earn big discounts when compared to accident-prone drivers.
  • Accident Forgiveness – Certain companies will allow you to have one accident before raising your premiums so long as you haven’t had any claims for a particular time prior to the accident.
  • Defensive Driver – Completing a driver safety course could save 5% or more depending on where you live.
  • More Vehicles More Savings – Insuring multiple cars or trucks on one policy may reduce the rate for each vehicle.
  • Distant Student – Youth drivers living away from home attending college and do not have access to a covered vehicle can receive lower rates.
  • New Car Discount – Putting insurance coverage on a new car can cost up to 25% less since new cars are generally safer.

Consumers should know that most credits do not apply to the entire cost. Most cut specific coverage prices like liability and collision coverage. So when it seems like all the discounts add up to a free policy, it doesn’t quite work that way.

Insurance companies that may offer some of the above discounts are:

It’s a good idea to ask each company what discounts are available to you. Savings may not apply everywhere.

These factors can influence what you pay for GMC Sierra 1500 Hybrid insurance

Smart consumers have a good feel for the rating factors that help determine your car insurance rates. Understanding what impacts premium levels empowers consumers to make smart changes that may reward you with lower car insurance prices.

The following are some of the items used by your company to calculate rates.

  • Lower deductibles cost more – Deductibles for physical damage define the amount you are required to spend if you file a covered claim. Insurance for physical damage to your car, also known as collision and other-than-collision, covers damage that occurs to your car. Some examples of claims that would be covered are running into the backend of another car, damage caused by hail, and windstorm damage. The more expense the insured has to pay upfront, the lower your rates will be for Sierra Hybrid coverage.
  • Males pay more for insurance – The statistics show women tend to be less risk to insure than men. However, don’t assume that women are BETTER drivers than men. Both sexes cause accidents in similar percentages, but the men cause more damage and cost insurance companies more money. Men also statistically get cited for more serious violations such as DWI and reckless driving.
  • Too many car insurance claims drive up costs – If you are a frequent claim filer, you can definitely plan on either higher rates or even cancellation. Companies award better rates to insureds who are claim-free. Car insurance is meant to be used in the event of major claims that would cause financial hardship.
  • Higher safety ratings means cheaper insurance – Vehicles with good safety scores get lower rates. Safer cars protect occupants better and better occupant protection translates into fewer and smaller insurance claims and lower rates for you. If your GMC Sierra 1500 Hybrid earned at least four stars on Safercar.gov it may be receiving lower rates.
  • No coverage gaps is important – Having an insurance coverage lapse is a sure-fire way to trigger a rate increase. Not only will rates go up, failure to provide proof of insurance might get you a hefty fine and possibly a revoked license.You may then be required to file a SR-22 with your state motor vehicle department to get your license reinstated.

Insurance agents can help

When choosing coverage, there really is no perfect coverage plan. Everyone’s situation is unique.

For instance, these questions may help highlight if your situation may require specific advice.

  • Do I pay less if my vehicle is kept in my garage?
  • Is business property covered if stolen from my car?
  • Is pleasure use cheaper than using my 2011 GMC Sierra 1500 Hybrid to commute?
  • What is the minimum liability in my state?
  • Are rental cars covered under my policy?
  • Can I rate high risk drivers on liability-only vehicles?

If you’re not sure about those questions, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, complete this form.

The fine print in auto insurance ads

Companies like Progressive, Geico, Allstate and State Farm consistently run television and radio advertisements. All the ads say the same thing that you can save if you change to their company. How can each company make almost identical claims? It’s all in the numbers.

All companies can use profiling for the right customer they prefer to insure. For example, a driver they prefer could possibly be between the ages of 40 and 55, owns a home, and drives newer vehicles. Any driver who meets those qualifications will qualify for the lowest rates and therefore will save when switching.

Drivers who don’t measure up to the “perfect” profile will have to pay higher rates which leads to business going elsewhere. Company advertisements say “people who switch” but not “drivers who get quotes” save that much money. That’s the way companies can truthfully advertise the way they do. Because of the profiling, you need to get quotes from several different companies. It’s not possible to predict which auto insurance company will fit your personal profile best.

What insurance coverages do you need?

Understanding the coverages of a insurance policy helps when choosing the best coverages and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring.

Comprehensive auto coverage

This coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like falling objects, theft and vandalism. The maximum amount your insurance company will pay is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance pay for expenses like surgery, doctor visits and funeral costs. The coverages can be utilized in addition to your health insurance program or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your GMC Sierra 1500 Hybrid.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.

Liability

Liability insurance provides protection from injuries or damage you cause to a person or their property. It protects you from claims by other people. Liability doesn’t 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. You might see limits of 50/100/50 that means you have a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability can pay for claims such as repair bills for other people’s vehicles, repair costs for stationary objects and court costs. The amount of liability coverage you purchase is up to you, but buy as large an amount as possible.

Collision insurance

This coverage will pay to fix damage to your Sierra 1500 Hybrid 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 crashing into a ditch, sideswiping another vehicle, crashing into a building and scraping a guard rail. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. Another option is to bump up the deductible to get cheaper collision coverage.

More quotes. Lower rates.

We covered quite a bit of information on how to lower your 2011 GMC Sierra 1500 Hybrid insurance rates. The key concept to understand is the more rate quotes you have, the higher your chance of finding lower rates. You may be surprised to find that the biggest savings come from a smaller regional carrier.

Cost effective insurance is attainable online and also from your neighborhood agents, so compare prices from both to have the best rate selection. Some insurance companies may not provide you the ability to get quotes online and usually these small insurance companies provide coverage only through local independent agents.

Insureds change insurance companies for a variety of reasons including delays in responding to claim requests, delays in paying claims, denial of a claim and even lack of trust in their agent. It doesn’t matter why you want to switch switching companies can be pretty painless.

More detailed insurance information can be found in these articles: