Save on 1994 GMC Sierra 2500 Insurance Cost

Purchasing budget-priced car insurance can be somewhat difficult for drivers not familiar with buying their car insurance on the internet. With more and more insurers to choose from, how can anyone have a chance to compare all the different companies and get cheaper car insurance prices?

Buying more affordable protection is easy if you know what you’re doing. Essentially everyone who buys insurance coverage will be able to cut their insurance bill. But drivers benefit from understanding how the larger insurance companies price insurance differently and take advantage of how the system works.

Find hidden discounts on insurance coverage

Insurance coverage is not cheap nor is it fun to buy but there could be significant discounts that can drop the cost substantially. A few discounts will automatically apply when you complete an application, but some must be manually applied prior to getting the savings.

  • Braking Control Discount – Cars and trucks that have steering control and anti-lock brakes are safer to drive so companies give up to a 10% discount.
  • Mature Driver Discount – If you qualify as a senior citizen, you may be able to get reduced rates for Sierra coverage.
  • E-sign – Some insurance companies may give you up to $50 shop insurance coverage on the web.
  • Renewal Discounts – Some larger companies give discounts for switching companies before your current coverage expires. It’s a savings of about 10%.
  • Use Seat Belts – Buckling up and requiring all passengers to buckle their seat belts can save up to 15% off the PIP or medical payment premium.
  • Save with a New Car – Buying coverage on a new vehicle can save you some money because newer vehicles keep occupants safer.
  • Bundle and Save – If you have multiple policies with the same insurance company you could get a discount of as much as 10 to 15 percent.
  • Passive Restraints – Vehicles equipped with air bags or automatic seat belts may earn rate discounts of 20% or more.
  • Government Employee Discount – Employees or retirees of the government could qualify for a slight premium decrease for Sierra coverage with a few insurance coverage companies.
  • Organization Discounts – Participating in a civic or occupational organization is a simple method to lower premiums when getting a insurance coverage quote.

Don’t be shocked that most discount credits are not given to the entire cost. Some only apply to specific coverage prices like collision or personal injury protection. If you do the math and it seems like all the discounts add up to a free policy, companies wouldn’t make money that way.

Larger insurance coverage companies and a summarized list of policyholder discounts are detailed below.

  • Progressive may include discounts for multi-vehicle, online quote discount, online signing, continuous coverage, and good student.
  • SAFECO policyholders can earn discounts including drive less, anti-lock brakes, multi-car, anti-theft, safe driver, accident prevention training, and bundle discounts.
  • American Family discounts include defensive driver, air bags, good driver, mySafetyValet, bundled insurance, and multi-vehicle.
  • MetLife may have discounts that include defensive driver, claim-free, accident-free, good driver, multi-policy, good student
  • GEICO offers discounts for daytime running lights, defensive driver, membership and employees, military active duty, driver training, federal employee, and air bags.
  • The Hartford has discounts for vehicle fuel type, bundle, good student, air bag, and defensive driver.

When getting free insurance coverage quotes, it’s a good idea to all companies you are considering which discounts you qualify for. Some of the earlier mentioned discounts might not apply in your area. To see insurance coverage companies that have a full spectrum of discounts, click here to view.

The most recommended method to get rate comparisons is to know most larger insurance companies have advanced systems to provide you with free rate quotes. The only thing you need to do is provide details like driver ages, the year, make and model of vehicles, if a SR-22 is needed, and how much coverage you want. That rating data gets transmitted to all major companies and you get price estimates immediately.

What affects GMC Sierra 2500 insurance rates?

Lots of factors are part of the calculation when you quote your car insurance policy. Some of the criteria are obvious like your driving record, although some other factors are not as apparent such as whether you are married and annual miles driven.Part of the insurance coverage buying process is learning some of the elements that aid in calculating the level of your policy premiums. If you know what controls the rates you pay, this allows you to make good choices that can help you get much lower annual insurance costs.

  • Does insurance cost less for females? – The statistics show that men are more aggressive behind the wheel. That doesn’t necessarily mean that women are better drivers. Both sexes are in fender benders at a similar rate, but the males get into accidents with more damage. Not only that, but men also receive more major tickets such as DWI and reckless driving.
  • Drivers with responsible credit save on insurance coverage – An insured’s credit rating can be a huge factor in calculating your premium rate. People with good credit tend to file fewer claims than drivers who have worse credit. Therefore, if your credit history is not that good, you could potentially save money when insuring your 1994 GMC Sierra 2500 by improving your rating.
  • Single drivers take more risk – Walking down the aisle actually saves money on your insurance coverage bill. Marriage generally demonstrates drivers are more financially stable it has been statistically shown that married drivers tend to have fewer serious accidents.
  • Alarm systems save money – Choosing to buy a car that has a built-in theft deterrent system can help lower your rates. Systems that thwart theives like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all help stop vehicle theft.
  • Discounts for auto and home policies – Many insurance companies give discounts to insureds that purchase more than one policy, otherwise known as a multi-policy discount. Discounts can add up to as much as ten percent or more Even though this discount sounds good, consumers should still compare other company rates to guarantee you are still saving the most.
  • How your age affects costs – Beginning drivers are statistically proven to be easily distracted in a vehicle so insurance coverage rates are higher. Older insureds tend to be more responsible, are lower risk to insure , and usually have better credit.

Tailor your auto insurance coverage to you

When it comes to buying coverage for your personal vehicles, there is no “best” method to buy coverage. Coverage needs to be tailored to your specific needs.

For example, these questions might point out if your insurance needs would benefit from professional advice.

  • When would I need additional glass coverage?
  • Should I rate my 1994 GMC Sierra 2500 as pleasure use or commute?
  • Do I need special endorsements for business use of my vehicle?
  • What discounts do I qualify for?
  • Do I need more liability coverage?
  • Do I need medical payments coverage since I have good health insurance?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • How high should my uninsured/underinsured coverage be in my state?
  • Do I need an umbrella policy?

If you can’t answer these questions, you might consider talking to a licensed agent. To find lower rates from a local agent, fill out this quick form.

Car insurance coverage basics

Having a good grasp of your policy helps when choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording.

Auto liability insurance – This coverage will cover damage or injury you incur to other people or property by causing an accident. It protects YOU against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 100/300/100 which stand for $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Another option is one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage protects against things like legal defense fees, repair bills for other people’s vehicles, loss of income and structural damage. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive protection – Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like hail damage, vandalism and damage from a tornado or hurricane. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Medical expense coverage – Medical payments and Personal Injury Protection insurance pay for immediate expenses for things like hospital visits, chiropractic care, prosthetic devices and dental work. They are often used in conjunction with a health insurance policy or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision – Collision coverage pays for damage to your Sierra 2500 from colliding with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as colliding with a tree, sideswiping another vehicle, hitting a parking meter and driving through your garage door. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Another option is to increase the deductible to bring the cost down.

Uninsured or underinsured coverage – Your UM/UIM coverage provides protection when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and also any damage incurred to your GMC Sierra 2500.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time these limits are set the same as your liablity limits.

Online plus local equals savings

Drivers switch companies for any number of reasons including not issuing a premium refund, delays in responding to claim requests, extreme rates for teen drivers and delays in paying claims. Whatever your reason, finding a new company can be less work than you think.

A few companies may not provide rate quotes online small insurance companies prefer to sell through independent insurance agencies. Low-cost 1994 GMC Sierra 2500 insurance can be bought both online as well as from independent agents, and you should compare price quotes from both in order to have the best price selection to choose from.

You just learned a lot of information how to shop for 1994 GMC Sierra 2500 insurance online. The key concept to understand is the more companies you get car insurance rates for, the more likely it is that you will get a better rate. You may even find the lowest rates are with a small mutual company.

Additional detailed information can be read at these sites:

Comments About 1994 GMC Sierra 2500 Insurance

  1. Usha Horne

    Are Progressive rates cheap in North Carolina?

  2. Fabian Mercado

    Here’s my quote info. I’m in the west part of Norfolk, VA. Got car insurance quotes with 21st Century, American Family, Farmers, and Liberty Mutual for my 1994 GMC Sierra 2500 and I think I saved around $20 each month. Insured with Progressive before. Did it all online.

  3. Shoshana Carey

    Here’s my quote info. I live just to the north of Wichita, KS. Got quotes from AAA, Mercury, and a few others for my GMC and saved just over $70 a year. I get multi-vehicle and multi-policy discounts. Not sure if rates are cheaper online or not.

  4. Claribel Walker

    I got quite a few price quotes for a 1994 GMC Sierra 2500 in Indianapolis, IN. Ended up at darn near $70 every six months with Auto-Owners. Insured with AAA before. Even increased coverage a bit. Not sure if rates are cheaper online or through an agent. My GMC doesn’t have full coverage.

  5. Arlean Stuart

    I got quite a few price quotes for a 1994 GMC Sierra 2500 in Greensboro, NC. Ended up at darn near $110 every six months with Auto-Owners. Was with Mercury. I used their online quote form to compare rates. I just carry liability insurance.

  6. Yong Stewart

    Live in Lincoln, NE. Quoted with GMAC, American Family, Nationwide, and a couple others for my GMC and I’m now saving $18 a month. Insured with Progressive before. I recommend comparing lots of rates. It’s only liability tho.

  7. Dorian Bruce

    Is a custom audio system covered by insurance?

  8. Neely Brady

    Well-written and thought out article. Got a quote with GMAC for my 1994 GMC Sierra 2500 and cut my rates about $60 a year. Was with Amica. I don’t have comp or collision coverage.

  9. Jeremy Barrera

    Not sure what I should be paying. I live just outside Tampa, FL. I don’t recall every quote but I ended up saving about $20 each month. I’m a pretty low risk driver.

  10. Lakeisha Lucas

    Anyone buy from American Family? I’m in Greensboro, NC.

  11. Norris Schneider

    Thought I’d throw in my experience. I live in Wilmington, DE. Quoted quotes from USAA, AAA, Liberty Mutual, and Sentry for my 1994 GMC Sierra 2500 and am saving around $90 a year. Good multi-policy discounts. It’s easy to compare rates online now. My GMC doesn’t have full coverage.

  12. Rachel Kaufman

    Lifelong resident of Saint Louis, MO. Quoted quotes from AAA, Safeco, and Western Auto Insurance for my Sierra 2500 and saved just over $80 a year. Good multi-policy discounts. I recommend comparing lots of rates. Just liability coverage since it’s getting old.

  13. Huey Riddle

    Good detail in your article. Located in Aurora, IL. Quoted with Allstate, AIG Insurance, Eastwood, and Hanover for my GMC and I think I am saving around $20 each month. Left The General to switch. I’m a pretty low risk driver. I think I’ll get rid of full coverage next time.

  14. Jacqulyn Simpson

    GEICO is decent in Rochester, MN.