1992 GMC Sierra 1500 Insurance Quotes

Want lower insurance coverage rates for your GMC Sierra 1500? Overwhelmed by the number of insurance coverage company choices? Many other drivers are as well. Consumers have so many options available that it can be a lot of work to find better rates.

These discounts can lower your rates

Insurance can be prohibitively expensive, but you may find discounts that you may not know about. Some trigger automatically when you quote, but some must be specially asked for before they will apply.

  • Service Members Pay Less – Having a family member in the military could mean lower rates.
  • Anti-lock Brake System – Anti-lock brake equipped vehicles prevent accidents and qualify for as much as a 10% discount.
  • Defensive Driver – Completing a driver safety course could save 5% or more if you qualify.
  • More Vehicles More Savings – Having multiple cars or trucks on the same car insurance policy qualifies for this discount.
  • Distant Student – Children who are attending college and do not have access to a covered vehicle can be insured at a reduced rate.
  • Passive Restraints – Vehicles equipped with air bags and/or automatic seat belt systems can receive discounts of more than 20%.
  • New Vehicle Savings – Putting insurance coverage on a new car can be considerably cheaper because new vehicles have to meet stringent safety requirements.

Keep in mind that most credits do not apply to your bottom line cost. Most only cut the price of certain insurance coverages like medical payments or collision. So when the math indicates you can get free auto insurance, companies don’t profit that way. Any amount of discount will reduce your overall premium however.

To see a list of providers who offer car insurance discounts, click this link.

Finding Insurance Coverage Deals

There are several ways to get quotes and find the best price. The best way to find the cheapest 1992 GMC Sierra 1500 insurance rates is to perform an online rate comparison. This can be done using a couple different methods.

  1. The best way to get quotes for comparison is to use a rate comparison form click here to open form in new window. This method eliminates the need for separate quotation requests for each company. A single, simple form will return price quotes from multiple companies. It’s definitely the quickest method.
  2. A slightly less efficient method to get comparison quotes is to manually visit the website for each individual company to complete their respective quote request forms. For examples sake, we’ll assume you want rates from Liberty Mutual, Safeco and Travelers. You would have to go to every website and enter your policy data, which is why most consumers use the first method. For a list of links to insurance companies in your area, click here.
  3. The least efficient method to compare rates is driving to insurance agents’ offices. Buying insurance online eliminates the need for an insurance agent unless you require the professional advice of a licensed agent. However, consumers can compare online quotes but buy from a local insurance agent and we’ll talk about that later.

However you get your quotes, double check that you are using apples-to-apples coverage limits and deductibles on every quote you get. If each company quotes different limits and deductibles on each one it will be impossible to make an equal comparison. Just a small difference in coverages could mean much higher rates. It’s important to know that getting more free quotes will enable you to find the best offered rates.

Different people need different coverages

When choosing the right insurance coverage, there is no best way to insure your cars. Coverage needs to be tailored to your specific needs.

For instance, these questions may help you determine whether your personal situation might need an agent’s assistance.

  • How much liability do I need to cover my assets?
  • Is my babysitter covered when using my vehicle?
  • What is medical payments coverage?
  • What vehicles should carry emergency assistance coverage?
  • Why am I required to get a high-risk car insurance policy?
  • If my pet gets injured in an accident are they covered?
  • Am I getting all the discounts available?

If you’re not sure about those questions then you might want to talk to an agent. If you don’t have a local agent, take a second and complete this form.

Insurance coverages 101

Having a good grasp of your insurance policy helps when choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.

Collision coverage – Collision coverage will pay to fix damage to your Sierra 1500 resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision coverage protects against claims like scraping a guard rail, sideswiping another vehicle, driving through your garage door, backing into a parked car and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Drivers also have the option to increase the deductible to bring the cost down.

Insurance for medical payments – Medical payments and Personal Injury Protection insurance pay for bills like rehabilitation expenses, nursing services, ambulance fees and prosthetic devices. They are often used to fill the gap from your health insurance program or if you do not have health coverage. They cover not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as damage to your 1992 GMC Sierra 1500.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Usually the UM/UIM limits are set the same as your liablity limits.

Comprehensive coverage (or Other than Collision) – This coverage will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like hail damage, a tree branch falling on your vehicle, rock chips in glass and damage from a tornado or hurricane. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Liability insurance – This protects you from damages or injuries you inflict on other people or property that is your fault. It protects you from claims by other people. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 50/100/50 that means you have $50,000 bodily injury coverage, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Alternatively, you may have one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage pays for things such as emergency aid, legal defense fees, pain and suffering, attorney fees and medical services. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as much as you can afford.

More effort can pay off

Insureds who switch companies do it for a variety of reasons including delays in responding to claim requests, being labeled a high risk driver, an unsatisfactory settlement offer or high prices. Regardless of your reason for switching companies, finding a great new company can be easier than you think.

As you prepare to switch companies, never buy poor coverage just to save money. There are a lot of situations where an insured dropped liability coverage limits only to regret that a couple dollars of savings turned into a financial nightmare. Your focus should be to buy the best coverage you can find at the best price.

You just read quite a bit of information on how to get a better price on 1992 GMC Sierra 1500 insurance. The key thing to remember is the more you quote, the better likelihood of reducing your rate. You may be surprised to find that the lowest priced insurance comes from the least-expected company.

Additional information