1993 GMC Sierra 2500 Insurance Cost – 8 Ideas for Best Prices

Sick and tired of robbing Peter to pay Paul to insure your GMC every month? You are no different than many other consumers. Lots of auto insurance companies contend for your hard-earned dollar, so it can be very hard to choose a insurer and uncover the absolute lowest rate possible.

It’s a good idea to compare prices once or twice a year because rates trend upward over time. Even if you think you had the lowest price for Sierra coverage a couple years back you can probably find a better price now. Forget anything you know (or think you know) about insurance because you’re about to learn the tricks you need to know to find better coverage at a better price.

If you have a current car insurance policy or are shopping for new coverage, you can use this information to find better prices while maintaining coverages. Buying car insurance is easy if you know what you’re doing. Drivers only need to know the most effective way to compare price quotes over the internet.

Be sure to get all your discounts

Insuring your fleet can be pricey, but you may find discounts to cut the cost considerably. Larger premium reductions will be automatically applied when you purchase, but less common discounts must be specially asked for in order for you to get them. If you aren’t receiving every discount you qualify for, you are paying more than you should be.

  • No Accidents – Drivers who don’t have accidents can earn big discounts when compared with frequent claim filers.
  • Seat Belts Save – Buckling up and requiring all passengers to buckle their seat belts can save up to 15% off your medical payments premium.
  • Homeowners Pay Less – Owning a home may earn you a small savings because maintaining a house demonstrates responsibility.
  • Theft Prevention System – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and qualify for as much as a 10% discount.
  • 55 and Retired – If you qualify as a senior citizen, you can possibly qualify for better auto insurance rates for Sierra coverage.
  • Early Switch Discount – Select companies give a discount for switching policies before your current expiration date. It’s a savings of about 10%.
  • Sign Online – A handful of insurance companies will give a small break for buying your policy digitally online.
  • Memberships – Participating in certain professional organizations could qualify you for a break when buying auto insurance for Sierra coverage.

Keep in mind that most credits do not apply to your bottom line cost. Most cut the cost of specific coverages such as collision or personal injury protection. So even though they make it sound like adding up those discounts means a free policy, it doesn’t quite work that way. But all discounts will reduce the amount you have to pay.

Insurance companies that may have these benefits are:

It’s a good idea to ask each insurance company which discounts they offer. Some discounts may not be available in your area.

How to Compare Auto Insurance Rates

Performing a rate comparison can be a daunting task if you don’t know the easiest way. You could waste time talking to insurance companies in your area, or you could use online quoting to achieve your goal.

Most of the best insurance companies enroll in a system where prospective buyers submit their information once, and every company returns a rated price based on that data. This prevents consumers from doing quote forms for every auto insurance company.

To submit your quote information now, click here (opens in new window).

The only drawback to using this type of form is you don’t know exactly the companies you want to price. So if you want to select specific providers to compare prices, we have assembled a list of auto insurance companies in your area. View list of insurance companies.

It’s up to you how you get prices quotes, just compare apples-to-apples coverages for each comparison quote. If each company quotes different values for each quote it will be impossible to determine the best price for your GMC Sierra 2500.

How do I know if I need professional advice?

When choosing coverage for your vehicles, there really is not a cookie cutter policy. Your needs are not the same as everyone else’s so your insurance needs to address that. These are some specific questions could help you determine if your insurance needs will benefit from professional help.

  • Should I buy full coverage?
  • Exactly who is provided coverage by my policy?
  • Am I getting all the discounts available?
  • I have health insurance so do I need medical payments coverage?
  • Is upholstery damage covered by car insurance?
  • What is PIP insurance?
  • Is my business laptop covered if it gets stolen from my vehicle?

If you don’t know the answers to these questions, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and you can get the answers you need.

Insurance coverage options for a 1993 GMC Sierra 2500

Learning about specific coverages of your insurance policy helps when choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. Below you’ll find the usual coverages found on most insurance policies.

Liability auto insurance

This protects you from damage or injury you incur to other people or property in an accident. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Another option is one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage protects against claims like emergency aid, funeral expenses, bail bonds, structural damage and repair bills for other people’s vehicles. How much coverage you buy is up to you, but buy as high a limit as you can afford.

Collision insurance

Collision coverage covers damage to your Sierra 2500 caused by collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as driving through your garage door, sideswiping another vehicle, hitting a mailbox, rolling your car and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also raise the deductible to bring the cost down.

Uninsured/Underinsured Motorist (UM/UIM)

This provides protection from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Frequently these limits are identical to your policy’s liability coverage.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses such as ambulance fees, hospital visits, funeral costs, rehabilitation expenses and pain medications. They are often used in conjunction with a health insurance plan or if you do not have health coverage. It covers both the driver and occupants and will also cover any family member struck as a pedestrian. PIP is not universally available and gives slightly broader coverage than med pay

Comprehensive insurance

This pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like vandalism, hitting a bird and theft. The highest amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Keep this in mind

We just presented some good ideas how to shop for 1993 GMC Sierra 2500 insurance online. The most important thing to understand is the more quotes you get, the higher your chance of finding lower rates. You may even discover the best price on car insurance is with an unexpected company. Smaller companies often have lower prices on specific markets than the large multi-state companies such as State Farm and Allstate.

When buying insurance coverage, make sure you don’t skimp on coverage in order to save money. In many cases, consumers will sacrifice collision coverage to discover at claim time that the small savings ended up costing them much more. The aim is to buy enough coverage for the lowest price, not the least amount of coverage.

Much more information about car insurance is located at these links: