Are you intimidated by the wide range of insurance choices in your area? consumers have so many choices that it can really be a difficult challenge to find better prices.
Smart consumers have a good feel for some of the factors that come into play when calculating the price you pay for auto insurance. If you know what controls the rates you pay, this empowers consumers to make smart changes that will entitle you to cheaper rates. Lots of things are taken into consideration when you get your auto insurance bill. Some of the criteria are obvious such as your driving record, but other factors are more obscure such as your marital status or your vehicle rating.
Shown below are some of the items companies use to determine your premiums.
Insurance can be prohibitively expensive, but you may qualify for discounts that you may not know about. Some discounts apply automatically when you quote, but lesser-known reductions have to be asked for before they will apply.
Remember that most of the big mark downs will not be given to all coverage premiums. Most cut the cost of specific coverages such as medical payments or collision. Even though the math looks like adding up those discounts means a free policy, it doesn’t quite work that way.
Popular car insurance companies and a partial list of their discounts are outlined below.
If you are trying to find low cost car insurance quotes, ask each company or agent which discounts can lower your rates. Some discounts listed above might not be offered in your area. If you would like to see a list of car insurance companies that have a full spectrum of discounts, click here to view.
When it comes to buying adequate coverage, there is no cookie cutter policy. Your needs are not the same as everyone else’s.
Here are some questions about coverages that might point out if your insurance needs could use an agent’s help.
If you don’t know the answers to these questions, then you may want to think about talking to an insurance agent. If you don’t have a local agent, take a second and complete this form.
Understanding the coverages of your auto insurance policy can be of help when determining the right coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and coverage can change by endorsement.
This can cover damage or injury you incur to a person or their property. It protects you against other people’s claims, and does not provide coverage for your injuries or vehicle damage.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 25/50/25 that translate to a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit without having the split limit caps.
Liability insurance covers things such as funeral expenses, legal defense fees, structural damage, repair costs for stationary objects and medical services. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase higher limits if possible.
Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.
Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked. Most of the time the UM/UIM limits are similar to your liability insurance amounts.
Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for doctor visits, ambulance fees and rehabilitation expenses. They can be used in conjunction with a health insurance program or if you do not have health coverage. Coverage applies to both the driver and occupants as well as any family member struck as a pedestrian. PIP is not available in all states but can be used in place of medical payments coverage
This coverage covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive coverage protects against things like hitting a bird, theft and damage from flooding. The maximum payout a auto insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.
This pays for damage to your Sierra 1500 caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision can pay for claims like scraping a guard rail, colliding with a tree, driving through your garage door, rolling your car and crashing into a building. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to bring the cost down.
People change insurance companies for any number of reasons including being labeled a high risk driver, denial of a claim, unfair underwriting practices and poor customer service. It doesn’t matter what your reason, choosing a new insurance company can be easier than you think.
Throughout this article, we presented a lot of ways to shop for 1990 GMC Sierra 1500 insurance online. The most important thing to understand is the more times you quote, the higher your chance of finding cheaper car insurance. Drivers may discover the lowest priced insurance coverage comes from some of the smallest insurance companies.
While you’re price shopping online, make sure you don’t buy less coverage just to save a little money. There are many occasions where someone sacrificed physical damage coverage and learned later that it was a big error on their part. Your aim should be to buy enough coverage at the best possible price while not skimping on critical coverages.
To learn more, link through to the following helpful articles:
Denis Morrison
If you have a good history and are close to Evansville, IN, check out State Farm. They seem to be cheaper. Was with AIG Insurance.
Kasie Ewing
If you’re a decent driver and live around Raleigh, North Carolina, check out State Farm. You might get cheaper rates. Have a couple speeding tickets too. Online quotes are the way to go.
Viviana Wynn
I found pretty cheap rate quotes for a 1990 GMC Sierra 1500 in Huntington, WV. Ended up at right around $90 every six months with Amica. Insured with Hartford before. I get lower rates because of my clean driving record. Not sure if rates are cheaper online or through an agent. Not worth enough to pay for comprehensive and collision.
Leslee Gay
IT’S ALL TOO EXPENSIVE! From south side of Frederick, MD. Quoted prices online for a 1990 GMC Sierra 1500. Ended up at about $70 savings annually. Went with State Farm. Have an at-fault accident tho.
Valencia Mcconnell
GEICO was cheapest for my 1990 GMC Sierra 1500 in New York City, NY.
Marlo Le
If you’re a decent driver and are close to Miami, Florida, check out Allstate. You might save some money. I even had a DUI years ago. LOL Book value doesn’t justify full coverage anymore.
Chae Boone
Not sure if this is cheap. From northwest of Bellevue, Nebraska. Received rates from 21st Century, Auto-Owners, and Farmers for my Sierra 1500 and I think I saved around $30 each month. They were helpful in switching over. Anyone else drop full coverage?
Bebe Hardy
Will Progressive cancel me for an at-fault accident?
Lia Fleming
I think I’m paying too much. Found cheapest coverage with Safeco for my GMC and am saving around $90 a year. I don’t have comp or collision coverage.
Becki Aguirre
Like your site, BTW. Went with Erie for my Sierra 1500 and saved around $80 a year. Left 21st Century to switch. A clean driving record helps. I got prices on the web. Liability only on my Sierra 1500.
Matt Mann
GEICO and State Farm had the best prices I found in Indiana.
Mirta Rowe
Anyone know of any company in Reno, NV that will insure high risk drivers?
Gia Pruitt
Anyone like their agent?
Estell Oneill
I’m from Salt Lake City, UT. Received rates from Auto-Owners, Encompass, and Nationwide for my Sierra 1500 and saved around $70 a year. Just go online and compare their rates.
Sammie Clark
What is UM/UIM coverage?
Shawnna Joseph
If you’re a decent driver and are close to Milwaukee, WI, check out State Farm. They seem to be cheaper. Still almost need a second mortgage. When should I drop full coverage?