Compare 2013 GMC Sierra 1500 Hybrid Car Insurance Rates

Wish you could get out of an expensive insurance coverage policy? Trust us when we tell you you are not the only one feeling buyer’s remorse.

Due to the large number of insurance coverage companies to choose from, it can be challenging to locate the lowest cost company.

It’s smart to compare rates yearly because prices are variable and change quite frequently. Even if you think you had the best rate for Sierra Hybrid insurance two years ago there is a good chance you can find better premium rates now. There is lot of inaccurate information about insurance coverage online, but in a few minutes you can learn some excellent ideas to buy insurance coverage cheaper.

Take advantage of every auto insurance discount

Auto insurance is expensive, but there are discounts available that can drop the cost substantially. Larger premium reductions will be automatically applied when you complete an application, but some must be specially asked for prior to getting the savings. If you’re not getting every credit possible, you are paying more than you should be.

• Bundle and Save – If you can combine your auto and home policy with the same insurance company you may earn over 10 percent off each policy depending on the company.
• Early Renewal Discounts – A few larger companies give discounts for signing up early. You may see this discount when you get insurance coverage quotes online.
• Claim Free – Drivers who don’t have accidents get the best auto insurance rates compared to drivers with a long claim history.
• Resident Student – Older children who are enrolled in higher education away from home and leave their car at home may qualify for this discount.
• Telematics Devices – Insureds who allow data collection to spy on their driving habits by using a telematics device in their vehicle like Allstate’s Drivewise could save a few bucks if they have good driving habits.
• Defensive Driver Discounts – Completing a defensive driver course is a good idea and can lower rates and also improve your driving technique.

A little disclaimer on discounts, some of the credits will not apply to your bottom line cost. Some only reduce specific coverage prices like liability, collision or medical payments. Even though the math looks like it’s possible to get free car insurance, you’re out of luck.

A few of the larger companies and some of the discounts can be found below.

• Progressive policyholders can earn discounts including online quote discount, continuous coverage, multi-vehicle, multi-policy, and online signing.
• Farmers Insurance discounts include distant student, mature driver, alternative fuel, teen driver, good student, and business and professional.
• Farm Bureau may offer discounts for 55 and retired, good student, safe driver, driver training, multi-vehicle, renewal discount, and youthful driver.
• State Farm offers premium reductions for good driver, Drive Safe & Save, multiple policy, student away at school, and Steer Clear safe driver discount.
• Geico includes discounts for military active duty, daytime running lights, air bags, multi-policy, driver training, multi-vehicle, and emergency military deployment.
• SAFECO offers discounts including homeowner, teen safety rewards, teen safe driver, drive less, safe driver, and bundle discounts.
• Liberty Mutual may have discounts that include preferred payment discount, safety features, exclusive group savings, new graduate, hybrid vehicle, teen driver discount, and new vehicle discount.

Check with all companies you are considering which discounts can lower your rates. Some of the discounts discussed earlier might not be offered in your area.

How to know if you need help

When it comes to choosing the right insurance coverage for your vehicles, there is no “best” method to buy coverage. Everyone’s situation is unique and your policy should reflect that. These are some specific questions might help in determining if you would benefit from an agent’s advice.

• Am I covered when driving someone else’s vehicle?
• When would I need additional glass coverage?
• Why am I required to buy high-risk coverage?
• Am I covered if I crash into my own garage door?
• Is my 2013 GMC Sierra 1500 Hybrid covered for flood damage?
• Should I carry comprehensive and collision coverage?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies.

Auto insurance coverage specifics

Understanding the coverages of a auto insurance policy can help you determine the best coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. These are the usual coverages found on most auto insurance policies.

Liability coverage

Liability coverage provides protection from damage or injury you incur to other people or property in an accident. This insurance protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Some companies may use a combined limit that pays claims from the same limit without having the split limit caps.

Liability can pay for claims like repair costs for stationary objects, emergency aid, medical expenses and funeral expenses. How much liability should you purchase? That is a personal decision, but you should buy as much as you can afford.

UM/UIM Coverage

This coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. Covered claims include injuries to you and your family and damage to your GMC Sierra 1500 Hybrid.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea. Most of the time these limits are identical to your policy’s liability coverage.

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as hail damage, falling objects and hitting a deer. The maximum amount a auto insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Auto collision coverage

Collision insurance covers damage to your Sierra 1500 Hybrid caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like sideswiping another vehicle, rolling your car, scraping a guard rail and driving through your garage door. This coverage can be expensive, so consider removing coverage from lower value vehicles. You can also choose a higher deductible to get cheaper collision coverage.

Medical costs insurance

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for things like nursing services, hospital visits and rehabilitation expenses. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Don’t be a big spender

The cheapest 2013 GMC Sierra 1500 Hybrid insurance is definitely available from both online companies and also from your neighborhood agents, and you should be comparing both in order to have the best price selection to choose from. Some insurance companies don’t offer rates over the internet and many times these regional carriers sell through local independent agencies.

As you go through the steps to switch your coverage, make sure you don’t reduce coverage to reduce premium. There are too many instances where consumers will sacrifice uninsured motorist or liability limits to discover at claim time they didn’t purchase enough coverage. The goal is to buy enough coverage at an affordable rate but still have enough coverage for asset protection.

Much more information about insurance can be found at the links below

• Insuring a Leased Car (Insurance Information Insitute)
• Comprehensive Coverage (Liberty Mutual)
• Information for Teen Drivers (Geico)
• Air Bags: Potential Dangers to Your Children (Insurance Information Insitute)