Lower Your 1994 GMC Sierra 1500 Car Insurance Rates

Want the cheapest car insurance rates? Drivers have lots of choices when trying to find the best price on GMC Sierra 1500 insurance. They can either spend hours calling around to get rate comparisons or save time using the internet to find the lowest rates. There are more efficient ways to compare car insurance rates and you need to know the proper way to price shop coverage for your GMC and locate the lowest price from both online companies and local agents.

It’s important to get comparison quotes on a regular basis due to the fact that insurance prices are usually higher with each renewal. Just because you had the best deal for Sierra coverage on your last policy the chances are good that you can find a lower rate quote today. Forget all the misinformation about car insurance because we’re going to show you the proper way to reduce your cost while increasing coverage.

If you have a policy now or are just looking to switch companies, you can learn to find the best rates while maintaining coverages. This information will tell you how car insurance quotes work. Drivers only need to know the tricks to shop for insurance coverage online.

The fastest way that we advise to compare rate quotes utilizes the fact most of the larger companies pay for the opportunity to quote your coverage. To get started, all you need to do is spend a couple of minutes providing details such as whether you are married, whether you have decent credit, the year, make and model of vehicles, and how old drivers are. That information is then submitted to multiple insurance coverage providers and they return rate quotes immediately.

Buy cheap insurance with these tips

Many factors are considered when premium rates are determined. Some factors are common sense such as traffic violations, but others are not quite as obvious like your continuous coverage and annual miles driven.

• Bad credit will cost you – Your credit rating can be a huge factor in your rate calculation. If your credit is low, you could save money insuring your 1994 GMC Sierra 1500 by repairing your credit. People that have excellent credit scores tend to file fewer claims and have better driving records than drivers who have lower credit scores.
• Always keep your coverage in force – Driving without insurance coverage in place can get your license suspended and your next policy will cost more because you let your coverage cancel without a new policy in place. In addition to paying higher rates, being ticketed for driving with no insurance could earn you a license revocation or jail time.
• Accidents can increase rates – Attentive drivers get better rates than bad drivers. Even a single speeding ticket can boost insurance rates substantially. Drivers who have flagrant violations such as reckless driving, hit and run or driving under the influence are required to complete a SR-22 with the DMV in their state in order to legally drive a vehicle.
• More traffic means higher claims – Choosing to live in less populated areas of the country has definite advantages when insuring your vehicles. People who live in big cities have much more traffic and more time behind the wheel. Lower population translates into fewer accidents.
• Get cheaper rates if you’re married – Getting married can get you a discount on your policy. It translates into being more responsible and it’s proven that drivers who are married file infrequent claims.
• Raise your deductibles for better costs – Physical damage insurance, also called comprehensive and collision insurance, is used to repair damage to your vehicle. Examples of some claims that would be covered could be a broken side mirror, flood damage, and burglary. Comprehensive and collision coverage deductibles state the amount of money you are willing to pay if a claim is determined to be covered. The more money you’re willing to pay, the better rate you will receive for Sierra coverage.
• Liability coverage – The liability section of your policy is the coverage that protects you when a jury decides you are liable for an accident. Your liability coverage provides you with a defense in court starting from day one. Liability is cheap compared to insuring for physical damage coverage, so do not cut corners here.
• Policy add-ons add up – Insurance companies have many add-on coverages that you can get tricked into buying if you don’t pay attention. Coverages like personal injury protection, towing coverage, and motor club memberships may not be needed and are just wasting money. You may think they are a good idea when talking to your agent, but if you have no use for them think about removing them and cutting costs.

Affordable insurance coverage quotes with discounts

Insurance coverage is easily one of your largest bills, but there could be significant discounts that can dramatically reduce your bill. Some discounts apply automatically at the time of purchase, but once in a while a discount must be specifically requested prior to receiving the credit.

• Telematics Data – Drivers that enable driving data collection to track driving habits by using a telematic data system like Allstate’s Drivewise may see discounts if they show good driving skills.
• Resident Student – Kids who are enrolled in higher education away from home and won’t have access to an insured vehicle may qualify for this discount.
• Pay Upfront and Save – If you pay your bill all at once instead of paying each month you may reduce your total bill.
• Discount for Life Insurance – Select companies reward you with better premium rates if you take out life insurance from them.
• Multiple Vehicles – Drivers who insure several vehicles on the same insurance coverage policy can get a discount on all vehicles.
• Defensive Driving Course – Participating in a defensive driver class may get you a small discount and easily recoup the cost of the course.
• Passive Restraint Discount – Vehicles equipped with air bags or automatic seat belts may earn rate discounts of more than 20%.

While discounts sound great, it’s important to understand that some credits don’t apply to your bottom line cost. A few only apply to the cost of specific coverages such as comp or med pay. Even though it may seem like you can get free auto insurance, nobody gets a free ride.

Auto insurance companies that may offer quotes with these money-saving discounts include:

• State Farm
• Farmers Insurance
• Progressive
• Geico
• Auto-Owners Insurance
• The Hartford
• Farm Bureau
• USAA

If you need inexpensive auto insurance quotes, ask every prospective company which discounts they offer. Some discounts listed above may not be available in your area.

Tailor your insurance coverage to you

When buying proper insurance coverage, there really is no best way to insure your cars. Everyone’s situation is a little different.

For instance, these questions might help in determining whether you might need professional guidance.

• How high should my medical payments coverage be?
• What is the ISO rating for a 1994 GMC Sierra 1500?
• How does medical payments coverage work?
• Do I need rental car coverage?
• Am I insured when driving a different vehicle?
• What if I don’t agree with a claim settlement offer?
• Can I afford to buy a different vehicle if my 1994 GMC Sierra 1500 is totaled?
• Can I rate high risk drivers on liability-only vehicles?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to an agent. To find lower rates from a local agent, fill out this quick form. It is quick, free and you can get the answers you need.

Coverages available on your insurance policy

Having a good grasp of your policy can be of help when determining the best coverages and the correct deductibles and limits. Insurance terms can be confusing and even agents have difficulty translating policy wording.

Liability coverages

Liability coverage provides protection from damages or injuries you inflict on people or other property. It protects you against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 100/300/100 which means a limit of $100,000 per injured person, $300,000 for the entire accident, and property damage coverage for $100,000.

Liability coverage pays for claims such as repair bills for other people’s vehicles, loss of income, medical services and repair costs for stationary objects. The amount of liability coverage you purchase is a decision to put some thought into, but buy higher limits if possible.

Uninsured/Underinsured Motorist coverage

This coverage provides protection when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants 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. For this reason, having high UM/UIM coverages is very important.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP kick in for short-term medical expenses such as hospital visits, surgery, doctor visits, funeral costs and chiropractic care. They are utilized in addition to your health insurance policy or if you do not have health coverage. It covers all vehicle occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Coverage for collisions

This pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as hitting a mailbox, sideswiping another vehicle and damaging your car on a curb. This coverage can be expensive, so consider dropping it from lower value vehicles. It’s also possible to choose a higher deductible to save money on collision insurance.

Comprehensive coverage

This will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as damage from a tornado or hurricane, hail damage, fire damage, a broken windshield and rock chips in glass. The maximum payout you can receive from a comprehensive claim 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.

A penny earned…

When buying insurance coverage, you should never reduce coverage to reduce premium. There have been many situations where an accident victim reduced liability limits or collision coverage to discover at claim time that their decision to reduce coverage ended up costing them more. The proper strategy is to buy a smart amount of coverage at the best possible price, but do not skimp to save money.

Insureds change insurance companies for a variety of reasons including being labeled a high risk driver, policy non-renewal, extreme rates for teen drivers or even not issuing a premium refund. It doesn’t matter what your reason, finding a new car insurance company is not as difficult as it may seem.

Throughout this article, we presented many tips how you can reduce 1994 GMC Sierra 1500 insurance prices online. The key concept to understand is the more providers you compare, the higher your chance of finding low cost auto insurance. Consumers could even find that the lowest prices come from a smaller regional carrier.

To read more, feel free to visit the articles below:

• Understanding Car Crashes Video (iihs.org)
• How Much are Car Insurance Rates for a GMC Sierra in Chandler? (ChandlerCoverage.com)
• Teen Driving and Texting (State Farm)
• Medical Payments Coverage (Liberty Mutual)
• Protect Yourself Against Auto Theft (Insurance Information Insitute)