1995 GMC Sierra 1500 Insurance Cost – 5 Discounts for Cheaper Prices

Looking for cheaper auto insurance rates for your GMC Sierra 1500? No one looks forward to buying auto insurance, especially when the price is too high.

With consumers having so many choices of insurance companies, it is hard for the average consumer to choose the lowest price car insurance company.

The most recommended method to compare rate quotes is to know the fact car insurance companies will pay a fee to quote your coverage. To begin a comparison, all you need to do is give them some information such as your education level, what your job is, whether you are married, and whether the vehicles are used for commuting. Your rating data is submitted instantly to multiple companies and you will get price comparisons within a short period of time.

Save $464 a year. For real?

Insurance companies such as Progressive, Allstate and Geico continually stream television and radio advertisements. They all seem to make an identical promise of big savings after switching your coverage to them. But how can every company make the same claim?

Insurance companies have a certain “appetite” for the driver that is profitable for them. For instance, a profitable customer could be between 30 and 50, has no prior claims, and has great credit. A customer getting a price quote who meets those qualifications gets the lowest rates and is almost guaranteed to save when they switch companies.

Consumers who don’t measure up to the requirements must pay higher premiums which leads to the driver buying from a lower-cost company. The ad wording is “customers that switch” but not “drivers who get quotes” save money. That is how companies can truthfully state the savings. This illustrates why it’s extremely important to compare as many rates as you can. It’s impossible to know which company will give you the biggest savings on GMC Sierra 1500 insurance.

Save on GMC Sierra 1500 insurance

Companies offering auto insurance don’t list all available discounts in an easy-to-find place, so we researched both well-publicized as well as the least known savings tricks you should be using.

  • Life Insurance – Larger companies have a discount if you purchase life insurance from them.
  • Anti-lock Brakes – Cars that have steering control and anti-lock brakes can reduce accidents and qualify for as much as a 10% discount.
  • Discount for New Cars – Putting insurance coverage on a new car can cost up to 25% less due to better safety requirements for new cars.
  • Good Student – This discount can be rewarded with saving of up to 25%. The good student discount can last well after school through age 25.
  • Passive Restraints – Vehicles with factory air bags or automatic seat belts can receive discounts of 20% or more.

Drivers should understand that some of the credits will not apply to all coverage premiums. Most only reduce the cost of specific coverages such as collision or personal injury protection. Just because it seems like it’s possible to get free car insurance, companies wouldn’t make money that way.

Car insurance companies who might offer these discounts include:

Double check with every prospective company what discounts are available to you. Some discounts might not be offered in your state.

Tailor your coverage to you

When it comes to choosing coverage, there isn’t really a cookie cutter policy. Everyone’s needs are different and a cookie cutter policy won’t apply. Here are some questions about coverages that might point out if your insurance needs would benefit from professional advice.

  • Is upholstery damage covered by car insurance?
  • Is there coverage for injuries to my pets?
  • What should my uninsured motorist coverage limits be in my state?
  • What is medical payments coverage?
  • How can I get high-risk coverage after a DUI?
  • How can I get my company to pay me more for my totalled car?
  • When can I cancel my policy?
  • If my 1995 GMC Sierra 1500 is totaled, can I afford another vehicle?
  • Do I have coverage when making deliveries for my home business?
  • Does my car insurance cover rental cars?

If you’re not sure about those questions but one or more may apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form or you can go here for a list of companies in your area.

Auto insurance coverage information

Understanding the coverages of your policy can help you determine the right coverages and proper limits and deductibles. Car insurance terms can be difficult to understand and nobody wants to actually read their policy. These are the normal coverages offered by car insurance companies.

Collision coverages – This coverage covers damage to your Sierra 1500 resulting from a collision with an object or car. A deductible applies and then insurance will cover the remainder.

Collision insurance covers things like sideswiping another vehicle, crashing into a ditch and driving through your garage door. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. You can also increase the deductible in order to get cheaper collision rates.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for things like EMT expenses, rehabilitation expenses, X-ray expenses, pain medications and surgery. The coverages can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants and will also cover being hit by a car walking across the street. PIP is not an option in every state but can be used in place of medical payments coverage

Comprehensive protection – This coverage will pay to fix 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 can pay for claims such as theft, damage from getting keyed, hail damage and hitting a deer. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Uninsured or underinsured coverage – This coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.

Auto liability – Liability coverage can cover damage or injury you incur to other’s property or people by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.

Liability can pay for claims like legal defense fees, funeral expenses and medical services. How much liability coverage do you need? That is a personal decision, but consider buying higher limits if possible.

Saving money is sweet as honey

As you shop your coverage around, it’s very important that you do not skimp on coverage in order to save money. Too many times, someone sacrificed comprehensive coverage or liability limits only to regret that it was a big error on their part. Your focus should be to purchase a proper amount of coverage for the lowest price.

Budget-conscious 1995 GMC Sierra 1500 insurance is definitely available from both online companies in addition to many insurance agents, and you need to comparison shop both to have the best rate selection. A few companies do not provide online price quotes and many times these small insurance companies only sell through independent insurance agents.

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