Searching for better insurance rates for your GMC Sierra 1500? Expensive insurance can overdraw your savings account and put the squeeze on your family’s finances. Shopping your coverage around is free, only takes a few minutes, and is a good way to reduce premiums and put more money in your pocket.
Drivers have multiple auto insurance companies to purchase coverage from, and though it is a good thing to be able to choose, it can be more challenging to find the lowest cost provider.
You should make it a habit to price shop coverage once or twice a year because prices are usually higher with each renewal. Even if you got the lowest price on Sierra insurance a few years ago you can probably find a lower rate today. So block out anything you think you know about insurance because it’s time to teach you the best way to lower your annual insurance bill.
There are a variety of methods to compare 1993 GMC Sierra 1500 auto insurance prices but there is one way that is less labor-intensive and much quicker. You could spend your day talking about coverages with agents in your area, or you can stay home and use online quotes to get rates in a matter of minutes.
Most of the best insurance companies are enrolled in a marketplace that enables customers to only type in their quote data once, and each participating company then returns a price quote determined by their information. This prevents consumers from doing quote forms for every auto insurance company.
To find out what other companies charge for 1993 GMC Sierra 1500 insurance click here to open in new window.
The one downside to doing it this way is buyers cannot specifically choose the companies to receive prices from. If you would rather choose specific providers to compare prices, we have assembled a list of companies who write auto insurance in your area. Click to view list.
Whichever way you use, make darn sure you compare identical quote information on every quote. If each company quotes different values for each quote it will be impossible to find the best deal for your GMC Sierra 1500. Slightly different limits can result in a big premium difference. Just keep in mind that more quotes will enable you to find the best price.
Companies offering auto insurance don’t necessarily list all available discounts very clearly, so the following is a list of both well-publicized and the harder-to-find ways to save on car insurance.
Keep in mind that most of the big mark downs will not be given to the overall cost of the policy. Some only reduce the price of certain insurance coverages like medical payments or collision. So despite the fact that it appears all the discounts add up to a free policy, you won’t be that lucky.
Car insurance companies that may have some of the above discounts are:
It’s a good idea to ask every prospective company which discounts you may be entitled to. Savings might not apply everywhere.
When buying coverage for your vehicles, there is no “best” method to buy coverage. Every situation is different so your insurance needs to address that. These are some specific questions can help discover if you would benefit from professional advice.
If you’re not sure about those questions, you may need to chat with an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of insurance coverage companies in your area.
Knowing the specifics of your policy can be of help when determining the right coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. Shown next are typical coverages available from insurance companies.
Liability insurance
This coverage provides protection from damage that occurs to a person or their property in an accident. It protects YOU against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 50/100/50 which means a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.
Liability insurance covers things like medical expenses, funeral expenses, emergency aid, legal defense fees and pain and suffering. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.
Medical expense insurance
Med pay and PIP coverage provide coverage for immediate expenses for surgery, doctor visits, dental work, nursing services and funeral costs. They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. Coverage applies to both the driver and occupants in addition to if you are hit as a while walking down the street. PIP is not universally available and gives slightly broader coverage than med pay
Collision coverage protection
Collision insurance covers damage to your Sierra 1500 resulting from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.
Collision coverage pays for things like rolling your car, driving through your garage door, sustaining damage from a pot hole and crashing into a building. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. Another option is to choose a higher deductible to bring the cost down.
Comprehensive (Other than Collision)
This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for claims like falling objects, a broken windshield, hitting a bird, damage from a tornado or hurricane and a tree branch falling on your vehicle. The most your insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Protection from uninsured/underinsured drivers
This coverage gives you protection from other motorists when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your GMC Sierra 1500.
Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important.
You just read many tips how you can compare 1993 GMC Sierra 1500 insurance prices online. The key concept to understand is the more quotes you get, the better chance you’ll have of finding lower rates. You may be surprised to find that the biggest savings come from an unexpected company. These smaller insurers may only write in your state and offer lower rates as compared to the big name companies such as Progressive and Geico.
When you buy insurance online, it’s a bad idea to skimp on coverage in order to save money. There have been many cases where an accident victim reduced comprehensive coverage or liability limits to discover at claim time they didn’t have enough coverage. The aim is to buy enough coverage at the best price.
Much more information about auto insurance is located on the following sites: