Cheaper 2014 GMC Sierra 1500 Insurance Rates

Trying to find better insurance prices for a new or used GMC Sierra 1500 can turn out to be a painful process, but you can learn a few tricks to make it easier. There are both good and bad ways to shop for insurance coverage and you need to know the quickest way to get price quotes for a new or used GMC and locate the cheapest rates either online or from local insurance agents.

It’s important to shop coverage around at least once a year because prices tend to go up over time. Even if you think you had the best rate on Sierra insurance two years ago you can probably find a lower rate today. Don’t believe everything you read about insurance coverage on the internet, but by reading this article, you’re going to learn some great ways to quit paying high insurance coverage rates.

How to lower your insurance premiums

Multiple criteria are used in the calculation when you get a price on insurance. Some are obvious like a motor vehicle report, but some are not quite as obvious like your continuous coverage or your commute time.Smart consumers have a good feel for some of the factors that help calculate your insurance rates. When consumers understand what positively or negatively impacts your premiums, this enables you to make decisions that can help you get lower premium levels.

• Higher prices for specific occupations – Did you know your insurance rates can be affected by your occupation? Occupations such as judgesair traffic controllers and medical professionals have the highest average rates in part from high stress levels and extremely grueling work hours. On the flip side, occupations like professors, engineers and performers pay lower than average rates on Sierra insurance.
• Do you save by driving less? – The higher the miles on your GMC annually the higher your rate. A lot of companies calculate prices based upon how you use the vehicle. Cars and trucks that do not get driven very much can be on a lower rate level than those used for commuting. A policy that improperly rates your Sierra 1500 may be wasting your money. Make sure your insurance declarations sheet is showing the correct usage for each vehicle, because improper ratings can cost you money.
• High insurance claims frequency drives up premiums – Insurance companies generally give the lowest premiums to policyholders who are claim-free. If you file a lot of claims you can pretty much guarantee either higher rates or even cancellation. Auto insurance is intended for claims that you cannot pay yourself.
• Lower rates with a multi-policy discount – The majority of insurance companies allow lower prices to buyers who buy several policies from them, otherwise known as a multi-policy discount. The discount can add up to 10 percent or more. Even if you already get this discount, it’s always a smart idea to check prices from other companies to ensure the best deal.There is a chance you can find lower rates even if you insure with multiple companies
• Traffic violations inflate costs – Your driving citation history influences premium rates substantially. Even one driving citation can bump up the cost by as much as twenty percent. Drivers who don’t get tickets have lower premiums than bad drivers. People who have dangerous violations like reckless driving, hit and run or driving under the influence may find they need to file a SR-22 with their state DMV in order to drive a vehicle legally.
• Safer vehicles cost less to insure – Vehicles that have high safety ratings get lower rates. Vehicles engineered for safety result in less severe injuries and lower injury rates means your insurance company pays less and lower rates for you. If the GMC Sierra 1500 scored at minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you may qualify for a discount.

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Lower your auto insurance rates with discounts

Car insurance is not cheap, but there could be available discounts that you may not even be aware of. Some discounts will apply when you complete an application, but some need to be inquired about prior to getting the savings. If you do not double check each discount you deserve, you’re paying more than you need to.

• Air Bag Discount – Options like air bags and/or automatic seat belt systems can receive discounts as much as 30%.
• 55 and Retired – Older drivers may receive a small decrease in premiums on Sierra insurance.
• Own a Home and Save – Owning your own home or condo may trigger a policy discount on auto insurance because maintaining a house demonstrates responsibility.
• Savings for New Vehicles – Buying a new car instead of a used car is cheaper because newer models are generally safer.
• Federal Government Employee – Federal government employees may reduce rates when you quote insurance on Sierra insurance depending on your company.
• Early Switch Discount – Select insurance companies give a discount for renewing your policy prior to your current policy expiring. Ten percent is about the average savings.
• College Student Discount – Children who attend college more than 100 miles from home and leave their car at home can be insured at a reduced rate.
• Safety Restraint Discount – Drivers who require all occupants to use a seat belt could cut 10% or more off the personal injury premium cost.
• Good Students Pay Less – Maintaining excellent grades may save as much as 25% on a insurance quote. Most companies allow this discount well after school through age 25.

A quick disclaimer, many deductions do not apply to your bottom line cost. Most only apply to specific coverage prices like comp or med pay. Despite the fact that it seems like it’s possible to get free car insurance, nobody gets a free ride.

A list of companies and a summarized list of policyholder discounts can be found below.

• State Farm may include discounts for defensive driving training, Steer Clear safe driver discount, anti-theft, good driver, student away at school, safe vehicle, and driver’s education.
• Esurance may have discounts that include anti-theft, online quote, Pac-12 alumni, good driver, emergency road assistance, renters, and online shopper.
• Progressive offers premium reductions for multi-vehicle, continuous coverage, good student, multi-policy, online quote discount, and homeowner.
• Liberty Mutual discounts include new graduate, newly retired, hybrid vehicle, exclusive group savings, and newly married.
• Auto-Owners Insurance has discounts for mature driver, multi-policy, anti-theft, company car, and multiple vehicles.
• Geico includes discounts for seat belt use, emergency military deployment, daytime running lights, military active duty, driver training, and air bags.

Double check with every insurance company what discounts are available to you. Some of the earlier mentioned discounts might not be offered on policies in your area. To see a list of providers that can offer you the previously mentioned discounts, click here to view.

Save $455 a year? Really?

Consumers get pounded daily by advertisements that promise big savings from the likes of State Farm, Geico and Progressive. All the companies make the same claim of big savings just by moving to them.

Is it even possible that every company can make the same claim? It’s all in how they say it.

All companies have an ideal profile for the right customer that is profitable for them. For instance, a profitable risk profile could be over the age of 45, insures multiple vehicles, and chooses high deductibles. Someone that matches those criteria will get low car insurance rates and most likely will cut their rates if they switch.

People who don’t meet the requirements will get more expensive rates and ends up with the driver buying from a lower-cost company. The ad wording is “customers that switch” not “everybody who quotes” save that much. That is how companies can advertise the savings. Each company has different criteria, so you absolutely need to get a wide range of price quotes. It’s not possible to predict which insurance company will give you lower rates than your current company.

You are unique and your car insurance should be too

When buying proper insurance coverage for your personal vehicles, there is no cookie cutter policy. Coverage needs to be tailored to your specific needs.

For example, these questions can help discover if your situation might need professional guidance.

• Should I buy only the required minimum liability coverage?
• Do I need rental car coverage?
• Should I rate my 2014 GMC Sierra 1500 as pleasure use or commute?
• Can I rent a car in Mexico?
• What should my uninsured motorist coverage limits be in my state?
• Does medical payments coverage apply to all occupants?
• At what point should I drop full coverage?
• Does my insurance cover my expensive audio equipment?
• Do I get a pro-rated refund if I cancel my policy early?
• What discounts do I qualify for?

If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form. It’s fast, free and can help protect your family.

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Insurance coverage breakdown

Understanding the coverages of your insurance policy can be of help when determining the right coverages for your vehicles. The coverage terms in a policy can be confusing and nobody wants to actually read their policy.

Collision coverage – This pays to fix your vehicle from damage caused by collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as sustaining damage from a pot hole, hitting a parking meter, damaging your car on a curb, sideswiping another vehicle and rolling your car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to increase the deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist coverage – This coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and damage to your GMC Sierra 1500.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for funeral costs, chiropractic care, EMT expenses, hospital visits and ambulance fees. They are often used in conjunction with a health insurance plan or if you are not covered by health insurance. They cover you and your occupants and will also cover any family member struck as a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage

Comprehensive coverage – Comprehensive insurance coverage will pay to fix 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 a broken windshield, falling objects, fire damage, damage from flooding and rock chips in glass. The maximum payout your insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Liability car insurance – This coverage will cover injuries or damage you cause to a person or their property that is your fault. It protects you against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 100/300/100 that means you have $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for claims like medical services, court costs and loss of income. The amount of liability coverage you purchase is a personal decision, but you should buy as high a limit as you can afford.

Feed the piggy bank

Budget-friendly insurance can be found from both online companies and from local agencies, and you should compare rates from both in order to have the best chance of saving money. Some insurance companies do not provide the ability to get quotes online and most of the time these smaller providers provide coverage only through local independent agencies.

People switch companies for a number of reasons such as policy non-renewal, high prices, not issuing a premium refund or even unfair underwriting practices. Regardless of your reason for switching companies, switching insurance companies is actually quite simple.

You just learned many tips how you can reduce 2014 GMC Sierra 1500 insurance rates online. It’s most important to understand that the more you quote insurance, the higher the chance of saving money. You may be surprised to find that the best rates are with a smaller regional carrier.

Additional insurance information is located below:

• Your Car has been Stolen: Now What? (Allstate)
• What Car Insurance is Cheapest for a GMC Sierra in Henderson? (QuoteHenderson.com)
• Who Has the Cheapest Tulsa Auto Insurance for a GMC Sierra? (TulsaCoverage.com)
• Winter Driving (Insurance Information Insitute)
• Shopping for a Safe Car (Insurance Information Insitute)
• State Laws for Cellphones and Texting (iihs.org)
• Drunk Driving Statistics (Insurance Information Insitute)

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption