Searching for cheaper insurance coverage rates for your GMC Sierra 3500? Shopping online for insurance coverage can be difficult if you’re new to online quoting. But don’t be discouraged because there is an easy way to compare rates.
It’s a good habit to take a look at other company’s rates yearly because prices are adjusted regularly by insurance companies. Despite the fact that you may have had the lowest price on Sierra insurance on your last policy the chances are good that you can find a lower rate today. Block out anything you think you know about insurance coverage because I’m going to let you in on the secrets to one of the easiest ways to find the best coverage while lowering your premiums.
The best way we recommend to compare car insurance company rates is to take advantage of the fact auto insurance companies actually pay money for the chance to compare their rates. All you need to do is provide a small amount of information like your general credit rating, whether you are married, how many miles driven, and whether you drive to work or school. The rating information is automatically sent to many highly-rated insurers and they return quotes within a short period of time.
Car insurance companies do not advertise all available discounts very well, so we break down both well-publicized and the more hidden savings tricks you should be using.
Drivers should understand that some credits don’t apply the the whole policy. Some only apply to the price of certain insurance coverages like liability and collision coverage. Just because it seems like you can get free auto insurance, you won’t be that lucky.
To see a list of providers offering auto insurance discounts, click this link.
When buying adequate coverage, there really is not a perfect coverage plan. Every insured’s situation is different.
Here are some questions about coverages that could help you determine if your situation could use an agent’s help.
If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form.
Having a good grasp of your auto insurance policy can be of help when determining which coverages you need and proper limits and deductibles. Policy terminology can be difficult to understand and reading a policy is terribly boring.
Uninsured/Underinsured Motorist coverage
This protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.
Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family.
Collision insurance
This pays for damage to your Sierra 3500 from colliding with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision can pay for claims such as backing into a parked car, rolling your car, hitting a mailbox, scraping a guard rail and hitting a parking meter. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.
Comprehensive coverage
This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against things such as damage from flooding, damage from a tornado or hurricane, hitting a bird and vandalism. The maximum payout your auto insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.
Liability
This coverage will cover damages or injuries you inflict on people or other property. This insurance protects YOU against claims from other people, and does not provide coverage for 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 a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery.
Liability can pay for things such as loss of income, medical expenses, funeral expenses, medical services and court costs. How much coverage you buy is up to you, but it’s cheap coverage so purchase higher limits if possible.
Medical payments coverage and PIP
Med pay and PIP coverage pay for short-term medical expenses for funeral costs, dental work and ambulance fees. The coverages can be utilized in addition to your health insurance plan or if you lack health insurance entirely. Coverage applies to both the driver and occupants as well as 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