Compare 1996 GMC Sierra 2500 Insurance Rates

Locating low-cost insurance for your GMC Sierra 2500 can be a painful process, but you can learn a few tricks and make it easy. There are both good and bad ways to find car insurance online so you’re going to learn the absolute fastest way to compare rates for a new or used GMC and find the lowest price either online or from local insurance agents.

It’s a great practice to get comparison quotes once or twice a year due to the fact that insurance rates fluctuate regularly. Just because you had the lowest rates for Sierra insurance last year you may be paying too much now. Starting now, ignore everything you know about car insurance because I’m going to teach you the only way to save on car insurance.

If you have a current insurance coverage policy or are looking for a new policy, you can use these techniques to find the best rates and still get good coverage. Pricing affordable insurance coverage coverage is quite easy. Drivers only need to know the most efficient way to get comparison quotes online.

GMC Sierra 2500 rates are in the details

Smart consumers have a good feel for the rating factors that help determine insurance rates. Understanding what determines base rates empowers consumers to make smart changes that may reward you with better insurance rates.

  • Older drivers pay less – Youthful drivers have a tendency to get distracted easily when driving so they pay higher insurance rates. Adding a teen driver onto your insurance can be quite pricey. More mature drivers are more responsible, file fewer claims and receive fewer citations.
  • Too many insurance claims drive up costs – Auto insurance companies award lower rates to policyholders who are claim-free. If you file claims often, you can expect higher rates. Insurance coverage is intended to be relied upon for major claims that would cause financial hardship.
  • Lower deductibles cost more – The deductibles define the amount you are willing to pay out-of-pocket before your insurance pays a claim. Coverage for physical damage, also known as collision and other-than-collision, insures against damage to your car. Examples of covered claims are running into the backend of another car, damage from fire, and windstorm damage. The higher the amount you’re willing to pay, the lower your rates will be for Sierra insurance.
  • Poor credit can mean higher rates – Your credit score is a huge factor in your rate calculation. If your credit rating is lower than you’d like, you could pay less to insure your 1996 GMC Sierra 2500 by repairing your credit. Drivers who have high credit ratings tend to be better drivers and file fewer claims as compared to drivers with poor credit.
  • How’s your driving record? – Your driving record impacts your car insurance rates tremendously. Good drivers tend to pay less for car insurance than their less careful counterparts. Even one speeding ticket can increase rates forty percent or more. Drivers who get dangerous violations such as DWI, reckless driving or hit and run convictions may be required to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to prevent a license revocation.
  • High crash test scores lower rates – Vehicles with high crash test scores get lower rates. The safest vehicles have better occupant injury protection and fewer injuries translates into fewer and smaller insurance claims and lower rates for you. If your GMC earned at least four stars on Safercar.gov you may qualify for a discount.
  • Battle of the sexes – Statistics demonstrate women are more cautious behind the wheel. However, don’t assume that women are BETTER drivers than men. They both tend to get into accidents in similar percentages, but the men cause more damage and cost insurance companies more money. Men also statistically receive more costly citations such as reckless driving.

Pay less by taking advantage of discounts

Car insurance companies don’t always publicize every available discount in a way that’s easy to find, so we break down some of the best known and the harder-to-find savings tricks you should be using. If you aren’t receiving every discount you qualify for, you are throwing money away.

  • Multiple Policy Discount – If you have multiple policies with the same company you could get a discount of at least 10% off all policies.
  • Driver Safety – Taking a course in driver safety can save you 5% or more if you qualify.
  • Pay Upfront and Save – If paying your policy premium upfront instead of paying each month you could save up to 5%.
  • Passive Restraints – Cars that have air bags or automatic seat belts may earn rate discounts up to 30%.
  • Discount for New Cars – Buying coverage on a new vehicle can be considerably cheaper due to better safety requirements for new cars.
  • No Charge for an Accident – Certain companies allow you one accident before your rates go up if you are claim-free prior to the accident.

Drivers should understand that some of the credits will not apply to the entire policy premium. Most only reduce the cost of specific coverages such as comp or med pay. So even though they make it sound like you could get a free insurance policy, companies wouldn’t make money that way.

Car insurance companies that may have these discounts may include but are not limited to:

Double check with all companies you are considering how you can save money. Some discounts may not apply in every state.

Don’t listen to company ads

Consumers constantly see and hear ads for car insurance savings by companies like Progressive, Allstate and Geico. They all seem to make the same claim that you can save if you switch to them.

How can each company make the same claim?

All the different companies are able to cherry pick for the right customer that makes them money. For instance, a desirable insured might be over the age of 40, owns a home, and drives less than 7,500 miles a year. A driver that hits that “sweet spot” will get the preferred rates and most likely will cut their rates substantially.

Potential customers who don’t meet the “perfect” profile will have to pay more money which leads to business not being written. Company advertisements say “people who switch” not “everybody who quotes” save that much money. This is how insurance companies can confidently claim big savings. Because of the profiling, you absolutely need to compare as many rates as you can. It is impossible to predict which insurance company will fit your personal profile best.

Your coverage should be tailored to you

When it comes to choosing the right insurance coverage for your vehicles, there is no single plan that fits everyone. Everyone’s situation is unique.

These are some specific questions can help discover whether or not you would benefit from professional advice.

  • If my 1996 GMC Sierra 2500 is totaled, can I afford another vehicle?
  • Is a new car covered when I drive it off the dealer lot?
  • Is rental equipment covered for theft or damage?
  • Does coverage extend to a rental car in a foreign country?
  • What companies insure drivers after a DUI or DWI?
  • What are the financial responsibility laws in my state?
  • How high should my medical payments coverage be?
  • Can my teen drive my company car?
  • What can I do if my company denied a claim?

If you can’t answer these questions but you know they apply to you then you might want to talk to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form. It is quick, free and you can get the answers you need.

Auto insurance coverages and their meanings

Understanding the coverages of your policy aids in choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Collision coverage

Collision insurance pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for claims such as damaging your car on a curb, rolling your car, sustaining damage from a pot hole and hitting a parking meter. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Medical costs insurance

Med pay and PIP coverage pay for short-term medical expenses like funeral costs, doctor visits, ambulance fees, EMT expenses and prosthetic devices. The coverages can be 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 and also covers if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Comprehensive or Other Than Collision

This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as a broken windshield, hail damage, rock chips in glass, vandalism and hitting a deer. The maximum amount your auto insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

UM/UIM Coverage

Your UM/UIM coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Auto liability insurance

Liability coverage protects you from injuries or damage you cause to other’s property or people that is your fault. It protects you against claims from other people, and doesn’t 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. As an example, you may have policy limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property.

Liability coverage pays for claims such as funeral expenses, medical services, repair costs for stationary objects and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Save for a rainy day

Lower-priced 1996 GMC Sierra 2500 insurance can be sourced both online and also from your neighborhood agents, so compare prices from both in order to have the best price selection to choose from. Some companies may not provide online quoting and many times these smaller companies only sell through independent insurance agents.

We just covered many tips how you can get a better price on insurance. The key concept to understand is the more providers you compare, the better your chances of lowering your rates. You may even find the lowest priced insurance comes from some of the smallest insurance companies.

Consumers who switch companies do it for many reasons like high prices, delays in paying claims, delays in responding to claim requests or even lack of trust in their agent. Regardless of your reason, choosing a new insurance company is pretty easy and you might even save some money in the process.

Much more information about insurance can be found at these links: