1990 GMC Sierra 2500 Insurance Quotes – 8 Ways to Save

Did you fall for a flashy sales pitch and buy an overpriced insurance coverage policy? Believe me when I say many consumers feel financially strained by their insurance coverage policy.

Numerous auto insurance companies battle for your business, and it can be difficult to compare rates and get the best coverage at the lowest price

If you currently have car insurance, you will be able to save some money using this strategy. Choosing the best insurance company for you is quite easy. Although drivers can benefit by having an understanding of the way insurance companies price insurance differently and take advantage of how the system works.

How to save on 1990 GMC Sierra 2500 insurance

The cost of insuring your cars can be expensive, but there could be available discounts to help bring down the price. Most are applied at the time of purchase, but a few must be asked for before they will apply.

  • Seat Belts Save – Drivers who require all occupants to buckle their seat belts can save up to 15% off your PIP or medical payments premium.
  • More Vehicles More Savings – Buying insurance for multiple cars or trucks on the same auto insurance policy could earn a price break for each car.
  • Low Mileage Discounts – Low mileage vehicles can earn lower rates on the low mileage vehicles.
  • Life Insurance Discount – Larger companies have a discount if you purchase auto and life insurance together.
  • Homeowners Pay Less – Simply owning a home can save you money because maintaining a house demonstrates responsibility.
  • Resident Student – Any of your kids who live away from home and do not have a car may qualify for this discount.
  • Payment Method – By paying your policy upfront instead of monthly or quarterly installments you could save 5% or more.
  • Lower Rates for Military – Being deployed with a military unit could mean lower rates.

Keep in mind that some credits don’t apply the the whole policy. The majority will only reduce the cost of specific coverages such as medical payments or collision. So despite the fact that it appears you can get free auto insurance, companies wouldn’t make money that way. Any qualifying discounts will help reduce your overall premium however.

For a list of providers offering auto insurance discounts, follow this link.

Tailor your coverage to you

When choosing adequate coverage for your vehicles, there is no “best” method to buy coverage. Every situation is different and your policy should reflect that. These are some specific questions may help highlight if your situation would benefit from an agent’s advice.

  • Am I better off with higher deductibles on my 1990 GMC Sierra 2500?
  • Is my 1990 GMC Sierra 2500 covered for smoke damage?
  • When does my teenage driver need to be added to my policy?
  • Am I covered if I hit a deer?
  • What is the difference between comprehensive and collision coverage?
  • Do I really need UM/UIM coverage?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Am I covered if I crash into my own garage door?
  • How much liability do I need to cover my assets?

If you don’t know the answers to these questions, you may need to chat with an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of insurance coverage companies in your area.

Are auto insurance companies telling the truth?

Auto insurance companies such as Progressive, Allstate and Geico regularly use ads in print and on television. They all seem to have a common claim of big savings if you move your policy. But how can every company say the same thing?

All companies have a certain “appetite” for the type of customer that makes them money. An example of a profitable customer might be between 25 and 40, has no driving citations, and chooses high deductibles. A propective insured who matches those parameters receives the best rates and as a result will probably save a lot of money.

Potential insureds who are not a match for these standards will have to pay higher rates and ends up with business going elsewhere. The ads state “people who switch” not “everybody who quotes” save that much money. That’s why insurance companies can confidently advertise the way they do.

Because of the profiling, it’s extremely important to get a wide range of price quotes. It’s just too difficult to predict which auto insurance company will fit your personal profile best.

The coverage is in the details

Understanding the coverages of insurance can be of help when determining appropriate coverage and the correct deductibles and limits. Insurance terms can be ambiguous and coverage can change by endorsement. Listed below are the normal coverages found on most insurance policies.

Coverage for liability – This coverage can cover damage that occurs to other’s property or people by causing an accident. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 100/300/100 that means you have a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Occasionally you may see a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage protects against things like repair costs for stationary objects, emergency aid, structural damage and pain and suffering. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive coverage (or Other than Collision) – This coverage pays for 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 insurance covers claims like fire damage, falling objects, vandalism and a broken windshield. The most a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Uninsured Motorist or Underinsured Motorist insurance – This gives you protection from other drivers when they either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Since many 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. Frequently these coverages are identical to your policy’s liability coverage.

Insurance for medical payments – Medical payments and Personal Injury Protection insurance reimburse you for expenses like funeral costs, chiropractic care, rehabilitation expenses, hospital visits and dental work. The coverages can be used in conjunction with a health insurance program or if you are not covered by health insurance. They cover all vehicle occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Collision coverage – Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for claims such as rolling your car, hitting a parking meter and hitting a mailbox. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to bump up the deductible to get cheaper collision coverage.

Be a Smart Shopper

Throughout this article, we presented many tips how you can compare 1990 GMC Sierra 2500 insurance prices online. The key concept to understand is the more times you quote, the better your comparison will be. You may be surprised to find that the most savings is with a company that doesn’t do a lot of advertising. Regional companies can often provide lower rates in certain areas than their larger competitors like Allstate and Progressive.

As you go through the steps to switch your coverage, make sure you don’t reduce coverage to reduce premium. In many instances, someone sacrificed collision coverage only to regret at claim time that they should have had better coverage. The proper strategy is to find the BEST coverage at a price you can afford while not skimping on critical coverages.

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