View 2002 GMC Sierra 1500 Insurance Cost

Are you overwhelmed by the wide range of insurance coverage choices? You’re not alone. Drivers have so many choices that it can easily become a ton of work to find lower rates.

These discounts can slash insurance rates

Companies that sell car insurance don’t always list every discount very clearly, so we break down some of the more common and also the lesser-known savings tricks you should be using.

  • Sign Online – A few companies give back up to $50 for buying your policy online.
  • Distant Student – Kids in college living away from home attending college without a vehicle on campus can receive lower rates.
  • Life Insurance Discount – Larger companies have better rates if you take out life insurance.
  • Seat Belts Save more than Lives – Buckling up and requiring all passengers to buckle their seat belts can save 10% or more on the medical payments or PIP coverage costs.
  • 55 and Retired – Older drivers may qualify for better insurance rates for Sierra coverage.
  • Auto/Home Discount – If you have multiple policies with one insurance company you may save approximately 10% to 15%.

It’s important to note that many deductions do not apply to the overall cost of the policy. A few only apply to specific coverage prices like comprehensive or collision. So when the math indicates you would end up receiving a 100% discount, you won’t be that lucky.

For a list of providers who offer insurance discounts, click here to view.

The quickest method we recommend to compare rate quotes is to realize car insurance companies will pay a fee to quote your coverage. All you need to do is provide the companies a bit of rating information including whether or not you need a SR-22, your general credit rating, whether the vehicles are used for commuting, and if it has an alarm system. That rating data is then sent to multiple top-rated companies and they return cost estimate instantly to find the best rate.

To find lower rates now, click here and enter your coverage details.

When might I need the advice of an agent?

When it comes to buying the right insurance coverage for your personal vehicles, there really is no best way to insure your cars. Everyone’s situation is unique.

For example, these questions might help in determining if your insurance needs could use an agent’s help.

  • Is there coverage for injuries to my pets?
  • Am I covered when driving someone else’s vehicle?
  • Do I have newly-aquired coverage?
  • Does having multiple vehicles earn me a discount?
  • What is the minimum liability in my state?
  • Is other people’s property covered if stolen from my vehicle?
  • When would I need additional glass coverage?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • What is medical payments coverage?
  • Is motorclub coverage worth it?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, complete this form.

Detailed coverages of your insurance policy

Having a good grasp of your insurance policy helps when choosing the best coverages at the best deductibles and correct limits. Insurance terms can be difficult to understand and coverage can change by endorsement.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP provide coverage for immediate expenses for things like chiropractic care, funeral costs, ambulance fees, dental work and pain medications. They are used to fill the gap from your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and also covers getting struck while a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Liability insurance

This protects you from damage that occurs to a person or their property. This insurance protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 50/100/50 that translate to $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.

Liability can pay for things like funeral expenses, repair bills for other people’s vehicles and court costs. How much coverage you buy is a personal decision, but consider buying as high a limit as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Coverage for collisions

This coverage pays for damage to your Sierra 1500 caused by collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims like hitting a parking meter, rolling your car and colliding with a tree. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Another option is to raise the deductible to bring the cost down.

Comprehensive insurance

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as rock chips in glass, a tree branch falling on your vehicle and vandalism. The maximum amount a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Save your hard earned cash

Discount 2002 GMC Sierra 1500 insurance can be found online as well as from independent agents, and you should compare price quotes from both to have the best rate selection. There are still a few companies who don’t offer online price quotes and these regional insurance providers work with independent agents.

We’ve covered a lot of ways to lower your insurance rates. The key thing to remember is the more rate comparisons you have, the higher your chance of finding lower rates. You may even discover the lowest rates come from a company that doesn’t do a lot of advertising.

When buying insurance coverage, it’s not a good idea to reduce coverage to reduce premium. In many instances, drivers have reduced liability limits or collision coverage and discovered at claim time that they should have had better coverage. Your goal should be to get the best coverage possible at an affordable rate, not the least amount of coverage.

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