1995 GMC Sierra 2500 Insurance Rates

Nobody that owns a car looks forward to paying for auto insurance, especially when they are aware that the cost is too high.

Companies like Progressive, Geico and Farmers Insurance promote their brand names with ad campaigns and it can be hard to sift through the bull and effectively compare rates to find the best deal.

Get lower rates by getting discounts

Insurance coverage can be pricey, but you might find some hidden discounts that may help make it more affordable. Many discounts should be triggered at the time of purchase, but once in a while a discount must be asked for before being credited.

• Telematics Devices – Insureds that choose to allow companies to track driving habits through the use of a telematics system such as Progressive’s Snapshot and State Farm’s In-Drive could save a few bucks as long as they are good drivers.
• Discounts for Responsible Drivers – Drivers without accidents could pay up to 40% less for Sierra insurance than less cautious drivers.
• Use Seat Belts – Drivers who require all occupants to fasten their seat belts may be able to save a few bucks off the PIP or medical payment premium.
• Accident Forgiveness Coverage – Not necessarily a discount, but a few companies such as Allstate, State Farm and Geico will turn a blind eye to one accident without getting socked with a rate hike as long as you don’t have any claims prior to the accident.
• Early Switch Discount – A few larger companies offer discounts for switching companies before your current policy expires. You could save around 10% when you buy insurance coverage online.

We need to note that some credits don’t apply to all coverage premiums. Most only reduce the cost of specific coverages such as comprehensive or collision. Despite the appearance that it’s possible to get free car insurance, companies don’t profit that way.

Car insurance companies who may offer most of these discounts may include but are not limited to:

• Geico
• SAFECO
• State Farm
• MetLife
• 21st Century
• Progressive

When getting a coverage quote, ask all the companies which credits you are entitled to. Some discounts listed above may not apply in your state.

The best way to get policy rate comparisons is to understand most of the bigger providers participate in online systems to compare rate quotes. All you need to do is give them rating details including your credit rating estimate, coverage limits, if the car is leased, and how much school you completed. That information is then submitted to many highly-rated insurers and they return quotes almost instantly.

Your car insurance coverage should be tailored to you

When choosing coverage, there isn’t really a cookie cutter policy. Your needs are not the same as everyone else’s so this has to be addressed. For instance, these questions can help discover whether your personal situation might need an agent’s assistance.

• When should I remove comp and collision on my 1995 GMC Sierra 2500?
• Is my babysitter covered when using my vehicle?
• When can I cancel my policy?
• What is the minimum liability in my state?
• Is my dog or cat covered if injured in an accident?
• Are my tools covered if they get stolen from my vehicle?
• Should I buy additional glass protection?
• Do I have coverage when pulling a U-Haul trailer?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• What exactly is covered by my policy?

If you can’t answer these questions but you know they apply to you then you might want to talk to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies.

Car insurance 101

Understanding the coverages of your policy can be of help when determining appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. Listed below are typical coverage types available from car insurance companies.

Collision protection

This pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like crashing into a building, hitting a mailbox and driving through your garage door. This coverage can be expensive, so consider removing coverage from lower value vehicles. You can also raise the deductible to bring the cost down.

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like theft, vandalism, damage from getting keyed, a tree branch falling on your vehicle and rock chips in glass. The maximum amount your car insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Medical costs insurance

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for pain medications, EMT expenses, X-ray expenses and dental work. They are often used to fill the gap from your health insurance plan or if you lack health insurance entirely. It covers both the driver and occupants in addition to getting struck while a pedestrian. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

UM/UIM Coverage

This coverage gives you protection when other motorists do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Liability insurance

This can cover damage that occurs to other’s property or people. This coverage protects you against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 50/100/50 that translate to $50,000 bodily injury coverage, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage protects against claims like loss of income, medical services, legal defense fees and emergency aid. How much liability should you purchase? That is a decision to put some thought into, but buy higher limits if possible.

Stretch your dollar

As you quote insurance coverage, you should never skimp on coverage in order to save money. There are many occasions where someone dropped liability coverage limits and learned later that the few dollars in savings costed them thousands. Your aim should be to purchase a proper amount of coverage at the lowest possible cost.

There are still a few companies who don’t offer rate quotes online and most of the time these regional carriers provide coverage only through local independent agencies. Budget-conscious 1995 GMC Sierra 2500 insurance is possible from both online companies in addition to local insurance agencies, and you should compare price quotes from both to get a complete price analysis.

Much more information about auto insurance is located at these links:

• Parking Tips to Reduce Door Dings (State Farm)
• Event Data Recorders FAQ (iihs.org)
• Protect Yourself Against Auto Theft (Insurance Information Insitute)
• Teen Driving and Texting (State Farm)