2003 GMC Sierra 1500HD Insurance Quotes – 10 Tricks for Best Rates

Searching for better auto insurance rates for your GMC Sierra 1500HD? Paying for high-priced GMC Sierra 1500HD insurance can overdraw your bank account and make it hard to pay other bills. Shopping your coverage around is a smart way to tighten up your finances. Because there are so many insurance companies to choose from, it is very difficult to locate the cheapest car insurance company.

It is always a good idea to shop coverage around at least once a year because insurance rates tend to go up over time. If you had the lowest price for SierraHD coverage two years ago you will most likely find a better rate today. Ignore everything you know about auto insurance because you’re about to find out the right way to properly buy coverages while reducing your premium.

Finding more affordable auto insurance can be fairly easy. If you have a current auto insurance policy or need a new policy, you can learn to cut your premiums while maintaining coverages. Vehicle owners only need an understanding of the tricks to shop their coverage around online.

Compare the Market for Car Insurance

Comparing car insurance rates can take time and effort if you aren’t aware of the easiest way. You could waste time discussing policy coverages with local insurance agents in your area, or you can stay home and use the internet to get rate comparisons in just a few minutes.

Many insurance companies participate in an industry program that allows shoppers to submit one quote, and each company can provide price quotes determined by their information. This prevents consumers from doing quote requests to every company. To submit your quote information now, click to open in new window.

The only drawback to using this type of form is you don’t know exactly which providers you want to price. So if you prefer to pick specific insurance companies to receive pricing from, we have a page of the cheapest car insurance companies in your area. Click here for list of insurance companies.

However you get your quotes, make absolute certain that you use exactly the same deductibles and coverage limits with each company. If you enter different liability limits it will be impossible to make a fair comparison for your GMC Sierra 1500HD.

Companies offer discounts so take them!

The cost of insuring your cars can be expensive, buy you may qualify for discounts to reduce the price significantly. Certain discounts will be triggered automatically at the time of quoting, but less common discounts must be requested specifically in order for you to get them. If you aren’t receiving every discount you qualify for, you are throwing money away.

  • Claim Free – Claim-free drivers pay much less as compared to accident-prone drivers.
  • Low Mileage Discounts – Low mileage vehicles can qualify you for lower rates on the low mileage vehicles.
  • Lower Rates for Military – Being on active duty in the military can result in better rates.
  • Organization Discounts – Participating in a professional or civic organization is a good way to get lower rates on your policy for SierraHD coverage.
  • Paperless Signup – Certain companies give back up to $50 just for signing your application online.
  • Air Bag Discount – Cars that have air bags or motorized seat belts can qualify for discounts of up to 25% or more.
  • Safe Driver Discount – Insureds without accidents can get discounts for up to 45% lower rates for SierraHD coverage than drivers with accidents.
  • Multiple Policy Discount – When you combine your home and auto insurance with the same company you could get a discount of up to 20% off your total premium.
  • College Student – Youth drivers who attend school more than 100 miles from home and do not have a car may be able to be covered for less.
  • 55 and Retired – Mature drivers can possibly qualify for a discount up to 10% for SierraHD coverage.

It’s important to note that many deductions do not apply the the whole policy. The majority will only reduce individual premiums such as liability and collision coverage. Just because you may think you could get a free insurance policy, you won’t be that lucky. But all discounts will help reduce the cost of coverage.

To see a list of companies with the best insurance discounts, follow this link.

Do I just need basic coverages?

When it comes to buying coverage for your personal vehicles, there isn’t really a “perfect” insurance plan. Every situation is different so your insurance should reflect that For example, these questions might point out if you might need an agent’s assistance.

  • Do I have coverage when using my vehicle for my home business?
  • Does my 2003 GMC Sierra 1500HD qualify for pleasure use?
  • How much liability do I need to cover my assets?
  • When can I cancel my policy?
  • I don’t drive much so do I pay less?
  • Is my teenager covered with friends in the car?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and can provide invaluable advice.

Insurance coverage breakdown

Understanding the coverages of your insurance policy aids in choosing the right coverages at the best deductibles and correct limits. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Shown next are the normal coverages available from insurance companies.

Uninsured Motorist or Underinsured Motorist insurance

This coverage gives you protection from other drivers when they either have no liability insurance or not enough. Covered claims include hospital bills for your injuries and also any damage incurred to your 2003 GMC Sierra 1500HD.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Normally these coverages do not exceed the liability coverage limits.

Auto collision coverage

Collision coverage covers damage to your Sierra 1500HD resulting from colliding with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like hitting a mailbox, hitting a parking meter, rolling your car, sustaining damage from a pot hole and crashing into a building. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to get cheaper collision coverage.

Liability auto insurance

Liability insurance will cover damage or injury you incur to a person or their property that is your fault. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims like structural damage, repair costs for stationary objects, court costs and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a decision to put some thought into, but buy as high a limit as you can afford.

Insurance for medical payments

Coverage for medical payments and/or PIP reimburse you for bills for things like nursing services, doctor visits and pain medications. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive coverage (or Other than Collision)

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things like fire damage, damage from getting keyed, damage from a tornado or hurricane and vandalism. The most your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Affordable insurance is out there

When you buy insurance online, don’t be tempted to skimp on coverage in order to save money. In many cases, someone sacrificed comprehensive coverage or liability limits only to regret that a couple dollars of savings turned into a financial nightmare. The proper strategy is to find the BEST coverage at a price you can afford.

We just showed you a lot of tips how to lower your 2003 GMC Sierra 1500HD insurance rates. The key thing to remember is the more quotes you get, the better your comparison will be. You may even find the best price on auto insurance is with some of the smallest insurance companies. Regional companies can often provide lower rates in certain areas as compared to the big name companies such as Progressive or Geico.

Budget-conscious insurance is attainable both online and with local insurance agents, so you should be comparing quotes from both in order to have the best price selection to choose from. There are still a few companies who do not offer online price quotes and usually these small insurance companies provide coverage only through local independent agents.

Much more information about auto insurance can be read at the links below