Cheap 2001 GMC Sierra 1500 Insurance Quotes

Looking for lower insurance rates for your GMC Sierra 1500? Are you overwhelmed by the wide range of insurance company choices? You’re not alone. You have so many companies to choose from that it can easily become a lot of work to compare prices.

The purpose of this post is to help educate you on the best way to quote coverages and some tricks to saving. If you currently have a car insurance policy, you should be able to lower your premiums substantially using this strategy. But vehicle owners must learn how the larger insurance companies market insurance on the web and apply this information to your search.

How to Compare Auto Insurance Costs

The are a couple different ways to compare quotes from auto insurance companies in your area. The quickest method to find the lowest 2001 GMC Sierra 1500 rates consists of shopping online. This is very easy and can be done using a couple different methods.

Probably the best way to get quotes for comparison would be an industry-wide quote request form click here to open form in new window. This type of form keeps you from doing repetitive form submissions to each individual auto insurance company. Filling out one form gets you coverage quotes from several companies. This is perfect if you don’t have a lot of time.

A different way to get comparison quotes requires a visit to each company website and complete a new quote form. For instance, let’s say you want to compare rates from State Farm, Farmers and GEICO. To find out each rate you need to visit each site and enter your policy data, which is why the first method is more popular. For a handy list of car insurance company links in your area, click here.

It’s your choice how you get your quotes, but ensure you’re using the exact same coverage limits for each price quote. If you have unequal deductibles or liability limits it’s impossible to determine the best price for your GMC Sierra 1500. Slightly different coverage limits can make a big difference in price. And when comparing auto insurance rates, know that more quotes will enable you to find better pricing.

Cut your premium with discounts

Insurance can cost an arm and a leg, but there could be available discounts to help bring down the price. Most are applied at the time you complete a quote, but some must be requested specifically before they will apply.

  • Air Bag Discount – Vehicles equipped with air bags or motorized seat belts can get savings of up to 25% or more.
  • Driver Safety – Taking a driver safety course can save you 5% or more if you qualify.
  • Club Memberships – Belonging to a civic or occupational organization could trigger savings when shopping for insurance for Sierra coverage.
  • Theft Prevention System – Anti-theft and alarm systems prevent vehicle theft and earn discounts up to 10%.
  • Multiple Cars – Buying insurance for all your vehicles on the same insurance policy can get a discount on all vehicles.
  • Sign Online – Certain companies will discount your bill up to fifty bucks simply for signing over the internet.
  • No Claims – Drivers who don’t have accidents can earn big discounts as compared to bad drivers.
  • New Vehicle Savings – Insuring a new car can be considerably cheaper since new cars are generally safer.

Consumers should know that some credits don’t apply to your bottom line cost. A few only apply to specific coverage prices like medical payments or collision. So when it seems like you can get free auto insurance, companies don’t profit that way. Any amount of discount will cut the cost of coverage.

Car insurance companies who might offer these discounts are:

Check with each company which discounts you may be entitled to. Discounts might not apply in your state.

Why you might be paying too much to insure your GMC Sierra 1500

An important part of buying insurance is that you know the factors that play a part in calculating the price you pay for auto insurance. Understanding what determines base rates empowers consumers to make smart changes that could result in lower auto insurance prices.

Shown below are some of the factors used by your company to calculate premiums.

  • How many coverages with the same company – Some insurance companies provide better rates to insureds who carry more than one policy in the form of a multi-policy discount. If you currently are using one company, you may still want to shop around to verify if the discount is saving money.
  • Choose a safe vehicle and save – Safer cars are cheaper to insure. Safer cars reduce injuries and better occupant protection translates into savings for insurance companies and thus lower rates. If the 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.
  • Poor driving leads to higher costs – Whether or not you get tickets impacts your car insurance rates tremendously. Only having one speeding ticket may increase your cost twenty percent or more. Drivers with clean records get better rates than people who have multiple driving citations. Drivers with severe tickets such as hit and run, DWI or reckless driving convictions are required to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to drive a vehicle legally.
  • Credit scores impact auto insurance rates – Your credit rating is a important factor in your rate calculation. People with excellent credit tend to be more responsible as compared to drivers with lower credit scores. If your credit score can use some improvement, you could be paying less to insure your 2001 GMC Sierra 1500 by improving your rating.
  • Being married can save on auto insurance – Being married can get you a discount on your policy. Having a significant other means you’re more mature than a single person it has been statistically shown that married couples file fewer claims.
  • Do men or women drive better? – Statistics show women tend to be less risk to insure than men. Now that doesn’t mean women are BETTER drivers than men. They both have accidents in similar numbers, but men tend to have more serious accidents. Men also get more serious tickets like reckless driving and DUI.
  • Extra coverages can waste money – There are a ton of extra coverages that you can buy on your auto insurance policy. Things like roadside assistance, towing coverage and membership fees may be costing you every month. These coverages may sound good when talking to your agent, but your needs may have changed so remove them from your policy.
  • Never go without insurance – Not having insurance is a misdemeanor and as a result your rates will increase for letting your coverage lapse. Not only will you pay more, but being ticketed for driving with no insurance can result in a license revocation or jail time.You may need to provide proof of insurance in the form of an SR-22 filing with your state DMV.

What is the best insurance coverage?

When choosing the best insurance coverage, there really is not a perfect coverage plan. Every situation is different.

For instance, these questions may help you determine whether your personal situation could use an agent’s help.

  • Am I covered when pulling a rental trailer?
  • Am I covered when driving on a suspended license?
  • Is my cargo covered for damage or theft?
  • Is extra glass coverage worth it?
  • Is my teen driver covered when they drive my company car?
  • When should my teen driver be added to my policy?
  • Do all my vehicles need collision coverage?
  • Is my babysitter covered when using my vehicle?

If you’re not sure about those questions, you may need to chat with an agent. If you don’t have a local agent, complete this form.

Detailed coverages of your insurance policy

Understanding the coverages of a insurance policy aids in choosing the right coverages for your vehicles. The coverage terms in a policy can be confusing and reading a policy is terribly boring.

Coverage for collisions

Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like colliding with another moving vehicle, sustaining damage from a pot hole, backing into a parked car, damaging your car on a curb and crashing into a ditch. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage provides protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important. Normally these limits are identical to your policy’s liability coverage.

Liability auto insurance

Liability coverage can cover damage that occurs to a person or their property in an accident. This insurance protects YOU against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 100/300/100 which stand for a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Another option is a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage protects against things like bail bonds, emergency aid, medical expenses, court costs and funeral expenses. How much coverage you buy is up to you, but buy as large an amount as possible.

Comprehensive auto coverage

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like fire damage, vandalism and rock chips in glass. The maximum payout your insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses such as pain medications, doctor visits, dental work and rehabilitation expenses. They are used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants in addition to being hit by a car walking across the street. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Best coverage at the best price

In this article, we presented many tips how you can lower your 2001 GMC Sierra 1500 insurance rates. The most important thing to understand is the more quotes you get, the more likely it is that you will get a better rate. Consumers may even find the lowest rates come from the smaller companies.

As you restructure your insurance plan, don’t be tempted to sacrifice coverage to reduce premiums. There have been many cases where drivers have reduced liability limits or collision coverage only to discover later they didn’t purchase enough coverage. Your aim should be to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.

Cost effective insurance can be purchased from both online companies and also from your neighborhood agents, so compare prices from both to have the best selection. Some insurance providers may not provide the ability to get a quote online and these regional insurance providers work with independent agents.

More detailed insurance coverage information can be read at these sites: