2003 GMC Sierra 1500 Car Insurance Quotes – 8 Savings Tips

Searching for lower insurance coverage rates? Consumers have a choice when looking for affordable GMC Sierra 1500 insurance. They can either waste time calling around getting price quotes or use the internet to make rate comparisons.

There are more efficient ways to shop for insurance coverage so you’re going to learn the proper way to compare rates for a new or used GMC and find the best price possible from both online companies and local agents.

Smart consumers take time to take a look at other company’s rates on a regular basis due to the fact that insurance rates fluctuate regularly. If you had the best rates on Sierra insurance six months ago you can probably find a better price now. Forget anything you know (or think you know) about insurance coverage because I’m going to let you in on the secrets to the right way to properly buy coverages while reducing your premium.

This article will tell you the most effective way to quote insurance. If you currently have car insurance, you stand a good chance to be able to save some money using these tips. Drivers just need to know the tricks to find the lowest price over the internet.

Are you getting all your discounts?

Insurance can cost an arm and a leg, but discounts can save money and there are some available that can drop the cost substantially. Some trigger automatically when you get a quote, but some may not be applied and must be specifically requested before being credited. If they aren’t giving you every credit you deserve, you are throwing money away.

  • Multi-policy Discount – When you combine your home and auto insurance with one insurance company you may earn approximately 10% to 15%.
  • Save over 55 – Older drivers may qualify for a discount up to 10% on Sierra insurance.
  • Federal Employees – Being employed by or retired from a federal job can earn a discount up to 10% on Sierra insurance depending on your company.
  • Paperwork-free – Some insurance companies will give a small break simply for signing on their website.
  • Drive Less and Save – Fewer annual miles on your GMC can qualify you for lower rates on the low mileage vehicles.
  • Organization Discounts – Belonging to a professional or civic organization is a good way to get lower rates on your policy on Sierra insurance.
  • Use Seat Belts – Buckling up and requiring all passengers to use a seat belt could cut 10% or more off your medical payments premium.
  • Safe Driver Discount – Insureds without accidents can get discounts for up to 45% lower rates on Sierra insurance than drivers with accident claims.

It’s important to note that some credits don’t apply the the whole policy. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. So even though it sounds like you could get a free car insurance policy, car insurance companies aren’t that generous. But all discounts will reduce the cost of coverage.

Companies who might offer these money-saving discounts are:

Before buying, ask all companies you are considering how you can save money. Discounts might not be offered in your area.

Tailor your coverage to you

When it comes to buying the best insurance coverage for your personal vehicles, there isn’t really a best way to insure your cars. Every insured’s situation is different.

For example, these questions might point out whether you would benefit from professional advice.

  • Can I pay claims out-of-pocket if I buy high deductibles?
  • When would I need additional glass coverage?
  • What is PIP insurance?
  • Do I need medical payments coverage since I have good health insurance?
  • Will my rates increase for filing one claim?
  • Where can I find high-risk insurance?
  • Why do I only qualify for high-risk insurance?
  • At what point should I drop full coverage?
  • Do I need to file an SR-22 for a DUI in my state?

If you’re not sure about those questions but you know they apply to you, you might consider talking to a licensed agent. If you don’t have a local agent, take a second and complete this form. It is quick, free and can provide invaluable advice.

Car insurance coverages for a 2003 GMC Sierra 1500

Understanding the coverages of insurance helps when choosing which coverages you need for your vehicles. Insurance terms can be ambiguous and reading a policy is terribly boring.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your GMC Sierra 1500.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea. Usually your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses such as funeral costs, X-ray expenses, rehabilitation expenses, hospital visits and dental work. They can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers both the driver and occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not universally available and may carry a deductible

Liability coverage

Liability coverage provides protection from damage that occurs to people or other property that is your fault. This insurance protects YOU from claims by other people. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 100/300/100 that translate to $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Another option is a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.

Liability insurance covers things like emergency aid, medical expenses, pain and suffering, court costs and repair bills for other people’s vehicles. How much coverage you buy is a personal decision, but you should buy as much as you can afford.

Comprehensive auto coverage

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like hail damage, damage from a tornado or hurricane, hitting a deer and vandalism. The highest amount a insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision protection

This will pay to fix damage to your Sierra 1500 resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for things such as sustaining damage from a pot hole, rolling your car, hitting a parking meter, colliding with a tree and driving through your garage door. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to bring the cost down.

Buy online or local, you save

Drivers who switch companies do it for a variety of reasons including delays in responding to claim requests, denial of a claim, not issuing a premium refund and high rates after DUI convictions. Whatever your reason, switching companies can be easy and end up saving you some money.

Affordable 2003 GMC Sierra 1500 insurance can be found from both online companies in addition to many insurance agents, and you should compare price quotes from both to have the best rate selection. Some companies do not provide the ability to get a quote online and these small, regional companies work with independent agents.

You just learned a lot of techniques to compare insurance prices online. The most important thing to understand is the more rate comparisons you have, the better your chances of lowering your rates. You may even find the most savings is with some of the lesser-known companies.

Other resources