1993 GMC Sierra 1500 Insurance Quotes

Want the cheapest car insurance rates for your GMC Sierra 1500? Are you sick and tired of paying out the nose each month for car insurance? You are no different than many other drivers.

There are many insurance companies to pick from, and although it’s a good thing to be able to choose, so many choices can make it hard to find a good deal.

It’s a good idea to check car insurance prices on a regular basis since rates are rarely the same from one policy term to another. Just because you had the best price on Sierra insurance six months ago there may be better deals available now. Forget anything you know (or think you know) about car insurance because I’m going to let you in on the secrets to the easiest way to get good coverage at a lower rate.

The purpose of this post is to introduce you to how to get online quotes and some tricks to saving. If you have car insurance now, you will most likely be able to reduce your rates substantially using this information. But vehicle owners should learn the way insurance companies market insurance on the web and take advantage of how the system works.

GMC Sierra 1500 insurance rates can be determined by these details

Consumers need to have an understanding of some of the elements that help determine car insurance rates. Having a good understanding of what influences your rates empowers consumers to make smart changes that may reward you with big savings.

The following are a few of the “ingredients” used by your company to calculate rates.

  • Protect yourself with liability coverage – Liability insurance is the protection when a jury decides you are liable for personal injury or accident damage. It will provide legal defense coverage starting from day one. Liability insurance is quite affordable compared to physical damage coverage, so drivers should carry high limits.
  • Lower deductibles cost more – Coverage for physical damage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your GMC. Some instances where coverage would apply are running into the backend of another car, collision with an animal, or theft. Your deductibles are how much you are willing to pay if you file a covered claim. The more expense you are required to pay out-of-pocket, the less your car insurance will be on Sierra insurance.
  • More claims means more premium – If you are a frequent claim filer, you can expect either higher rates or even cancellation. Auto insurance companies provide cheaper rates to insureds who do not file claims often. Car insurance is intended for the bigger claims that can’t be paid out-of-pocket.
  • No coverage gaps is important – Allowing your car insurance policy to lapse is a quick way to increase your car insurance rates. And not only will insurance be more expensive, but not being able to provide proof of insurance can result in a license revocation or jail time.Then you may be required to file a SR-22 with your state motor vehicle department.
  • Safer occupants lowers premiums – Cars with high safety ratings get lower rates. Safer cars protect occupants better and lower injury rates means less money paid by your insurance company and more competitive rates for policyholders. If your GMC Sierra 1500 is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.
  • Extra add-on coverages are wasting money – There are a lot of additional coverages that can waste your money when buying car insurance. Coverages like vanishing deductibles, accident forgiveness and membership fees are some examples. These coverages may sound good when you first buy your policy, but your needs may have changed so get rid of them and save.

Are you getting all your discounts?

Insuring your fleet can be pricey, but there could be available discounts that you may not even be aware of. Some trigger automatically at the time you complete a quote, but less common discounts must be specially asked for in order for you to get them.

  • Early Signing – Some insurance companies reward drivers for signing up before your current policy expires. This can save 10% or more.
  • Seat Belt Usage – Requiring all passengers to use a seat belt can save up to 15% on the medical payments or PIP coverage costs.
  • Passive Restraints – Vehicles equipped with air bags or motorized seat belts can get savings of more than 20%.
  • Good Student – Getting good grades can be rewarded with saving of up to 25%. This discount can apply up to age 25.
  • Theft Prevention Discount – Cars that have factory anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
  • No Accidents – Drivers who don’t have accidents pay less as compared to drivers who are more careless.
  • Memberships – Affiliation with a qualifying organization may earn a discount on insurance on Sierra insurance.
  • Driver Safety – Taking a course teaching defensive driving skills could save 5% or more and easily recoup the cost of the course.

A little note about advertised discounts, most discount credits are not given the the whole policy. Most cut the cost of specific coverages such as liability and collision coverage. So even though it sounds like all those discounts means the company will pay you, insurance companies aren’t that generous. But any discount will bring down the amount you have to pay.

A partial list of companies who might offer these benefits are:

Double check with every prospective company what discounts are available to you. Savings may not be available in your state.

Do drivers who switch really save $472 a year?

Companies like Allstate and Progressive constantly bombard you with ads on TV and radio. All the ads say the same thing that you can save if you switch to them. But how can every company say the same thing?

Different companies can use profiling for the driver that is profitable for them. An example of a preferred risk might be between the ages of 40 and 55, has no tickets, and has excellent credit. Any driver who fits that profile will get the preferred rates and therefore will save when they switch companies.

Drivers who are not a match for the requirements will have to pay a more expensive rate which usually ends up with business not being written. Company advertisements say “people who switch” not “everyone that quotes” save that much money. That’s the way insurance companies can make the claims of big savings.

Because of the profiling, you need to compare many company’s rates. You cannot predict which insurance coverage company will fit your personal profile best.

Tailor your coverage to you

When choosing the right insurance coverage, there is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. Here are some questions about coverages that might point out whether you would benefit from professional advice.

  • Does my insurance cover my expensive audio equipment?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Is my ex-spouse still covered by my policy?
  • Is pleasure use cheaper than using my 1993 GMC Sierra 1500 to commute?
  • Can I make deliveries for my home business?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Is my custom paint covered by insurance?
  • Can my babysitter drive my car?
  • Do I need roadside assistance coverage?
  • Why is insurance for a teen driver so high?

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, complete this form or click here for a list of car insurance companies in your area.

Car insurance policy specifics

Learning about specific coverages of your car insurance policy helps when choosing which coverages you need at the best deductibles and correct limits. Car insurance terms can be confusing and coverage can change by endorsement. Listed below are the usual coverages found on the average car insurance policy.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses for things like nursing services, ambulance fees, surgery, rehabilitation expenses and doctor visits. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not universally available and may carry a deductible

Liability insurance

Liability coverage protects you from damage that occurs to a person or their property by causing an accident. It protects YOU against claims from other people, and does not provide coverage for your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 100/300/100 that means you have a $100,000 limit per person for injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit with no separate limits for injury or property damage.

Liability can pay for things like funeral expenses, medical expenses, court costs, structural damage and bail bonds. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase higher limits if possible.

Uninsured Motorist or Underinsured Motorist insurance

This coverage protects you and your vehicle when other motorists do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your 1993 GMC Sierra 1500.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Normally your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Collision coverage protection

Collision insurance covers damage to your Sierra 1500 resulting from colliding with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers things such as colliding with another moving vehicle, backing into a parked car, sideswiping another vehicle, rolling your car and hitting a parking meter. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. You can also bump up the deductible in order to get cheaper collision rates.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as hitting a deer, rock chips in glass, vandalism, fire damage and a tree branch falling on your vehicle. The most a car insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Shop Smart and Save

You just learned a lot of ways to compare 1993 GMC Sierra 1500 insurance prices online. The key concept to understand is the more companies you get rates for, the better your chances of lowering your rates. Consumers may even find the best price on car insurance is with a smaller regional carrier. Smaller companies can often provide lower rates in certain areas than the large multi-state companies such as State Farm and Allstate.

Cheap insurance can be sourced on the web and with local insurance agents, and you should compare price quotes from both to have the best selection. Some insurance providers do not offer online quoting and many times these regional insurance providers only sell through independent insurance agents.

Much more information about car insurance can be found on the following sites: