2001 GMC Sierra 1500 Car Insurance Quotes – 9 Tips for Cheapest Rates

Searching for cheaper insurance for your GMC Sierra 1500 could be a lot of work, but you can learn these tips and make it easy. There are more efficient ways to shop for insurance coverage so we’re going to tell you the quickest way to quote coverages for a GMC and find the best price possible from both online companies and local agents.

If you have a policy now or are shopping for new coverage, you can use this information to find the best rates while maximizing coverage. Buying the cheapest protection is simple if you know the tricks. Drivers just need to learn how to compare rates on the web.

Don’t miss out on these nine money-saving discounts

Companies that sell car insurance don’t always list every discount in an easy-to-find place, so we break down some of the best known and the more hidden car insurance savings. If they aren’t giving you every credit possible, you are throwing money away.

  • Passive Restraint Discount – Cars that have air bags or automatic seat belts can qualify for discounts up to 30%.
  • Low Mileage – Low mileage vehicles could qualify for better rates on cars that stay parked.
  • Save over 55 – If you qualify as a senior citizen, you can possibly qualify for reduced rates for Sierra coverage.
  • Drivers Education – Cut your cost by having your teen driver successfully complete driver’s ed class if it’s offered in school.
  • Accident Free – Drivers with accident-free driving histories can earn big discounts compared to frequent claim filers.
  • Discount for New Cars – Putting insurance coverage on a new car is cheaper since new cars are generally safer.
  • Theft Prevention Discount – Vehicles with anti-theft systems can help prevent theft and therefore earn up to a 10% discount.
  • Sign Online – Certain companies may give you up to $50 for buying your policy on their website.
  • Payment Discounts – If paying your policy premium upfront instead of making monthly payments you can actually save on your bill.

A little note about advertised discounts, most of the big mark downs will not be given to the entire policy premium. Some only reduce the cost of specific coverages such as liability and collision coverage. So when the math indicates all those discounts means the company will pay you, companies wouldn’t make money that way.

Car insurance companies that may offer these discounts include:

Before buying, ask every prospective company which discounts they offer. Savings might not be offered in every state.

Do I need special coverages?

When it comes to buying adequate coverage, there is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that might point out whether you might need professional guidance.

  • When should I remove comp and collision on my 2001 GMC Sierra 1500?
  • What if I owe more than I can insure my car for?
  • Am I covered by my spouse’s policy after a separation?
  • Is business property covered if stolen from my car?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Am I covered when delivering products for my home-based business?
  • Should I bundle my homeowners policy with my auto?
  • Should I get collision insurance on every vehicle?
  • Should I buy more coverage than the required minimum liability coverage?

If it’s difficult to answer those questions but a few of them apply, you might consider talking to an insurance agent. To find an agent in your area, complete this form. It’s fast, free and may give you better protection.

Auto insurance coverage options for a GMC Sierra 1500

Knowing the specifics of auto insurance can help you determine which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring.

Liability

Liability coverage can cover injuries or damage you cause to other people or property. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.

Liability coverage pays for claims such as legal defense fees, medical expenses, pain and suffering, funeral expenses and medical services. How much liability should you purchase? That is your choice, but you should buy as high a limit as you can afford.

Comprehensive (Other than Collision)

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for claims such as falling objects, a broken windshield, a tree branch falling on your vehicle and theft. The most your auto insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Medical expense insurance

Med pay and PIP coverage reimburse you for short-term medical expenses for nursing services, surgery, doctor visits and pain medications. The coverages can be used in conjunction with a health insurance plan or if you do not have health coverage. Coverage applies to both the driver and occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and also any damage incurred to your GMC Sierra 1500.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.

Collision coverage

Collision insurance covers damage to your Sierra 1500 resulting from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as scraping a guard rail, hitting a mailbox, crashing into a building, rolling your car and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Knowledge is power

Insureds leave their current company for any number of reasons including policy cancellation, not issuing a premium refund, delays in responding to claim requests or even being labeled a high risk driver. It doesn’t matter why you want to switch choosing a new company is not as hard as you think.

Low-cost 2001 GMC Sierra 1500 insurance is attainable both online as well as from independent agents, so compare prices from both in order to have the best chance of saving money. Some insurance coverage companies don’t offer you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.

Throughout this article, we presented some good ideas how to lower your insurance rates. The most important thing to understand is the more you quote, the better likelihood of reducing your rate. Consumers may even find the best prices are with some of the lesser-known companies.

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