Compare 1998 GMC Sierra 1500 Car Insurance Rates

Feel like you have an overpriced insurance coverage policy? Don’t feel bad because there are many people just like you. Having so many insurance providers from which to choose, it can be diffult for drivers to pick the most affordable insurer.

Locating affordable protection is quite easy. If you have a policy now or are just looking to switch companies, you can learn to shop for the lowest rates while maximizing coverage. Vehicle owners just need to learn the tricks to compare company rates on the web.

Low cost insurance

Comparing insurance rates can be a daunting task if you don’t know the best way to get rate quotes. You could spend the better part of a day talking about coverages with local insurance agents in your area, or you could use online quotes to get rate comparisons in just a few minutes.

Most major companies are enrolled in a marketplace where insurance shoppers enter their policy data once, and each company returns a rated price based on that information. This prevents consumers from doing repetitive form submissions to each individual insurance company. To compare pricing click here to start a free quote.

The one downside to using this type of form is you can’t choose the insurers to get pricing from. So if you prefer to choose specific insurance companies to request quotes from, we have a page of insurance companies in your area. Click here to view list.

Which method you use is up to you, but do your best to enter apples-to-apples information on every quote you get. If you enter different liability limits it’s not possible to find the best deal for your GMC Sierra 1500.

Save with these discounts

Car insurance companies don’t always publicize all available discounts very clearly, so the list below gives a summary of a few of the more common as well as some of the hidden discounts that you may qualify for.

• Discounts for Good Drivers – Drivers who don’t get into accidents could pay up to 40% less on Sierra insurance compared to rates paid by drivers with frequent claims.
• New Vehicle Savings – Putting car insurance coverage on a new car may earn a small discount because new vehicles are generally safer.
• Federal Employees – Simply working for the federal government could provide a small rate reduction on Sierra insurance with certain companies.
• Military Deployment Discount – Being on active duty in the military may lower your rates slightly.
• Include Life Insurance and Save – Select insurance companies reward you with a discounted car insurance rate on car insurance if you buy some life insurance too.
• Senior Discount – Drivers that qualify as senior citizens may qualify for reduced rates on Sierra insurance.
• Online Discount – A few larger online companies provide a small discount for signing up online.
• Early Switch Discount – Some insurance companies give discounts for switching policies prior to the expiration date on your current policy. Ten percent is about the average savings.
• Air Bag Discount – Options like air bags and/or automatic seat belt systems may earn rate discounts of more than 20%.

Don’t be shocked that most discounts do not apply to the entire cost. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. So despite the fact that it appears you could get a free car insurance policy, it’s just not the way it works.

Companies that may offer policyholders these benefits include:

• Mercury Insurance
• Farmers Insurance
• Farm Bureau
• State Farm
• Allstate
• Geico

If you need cheap insurance coverage quotes, ask every prospective company which discounts can lower your rates. A few discounts may not apply to policies in your state. To see a list of providers that offer multiple discounts, follow this link.

Special considerations

When buying the best auto insurance coverage for your vehicles, there isn’t really a perfect coverage plan. Your needs are not the same as everyone else’s and your policy should reflect that. These are some specific questions can help discover if your situation would benefit from professional advice.

• Do I need roadside assistance coverage?
• Is my dog or cat covered if injured in an accident?
• Do I have newly-aquired coverage?
• Does my policy pay for OEM or aftermarket parts?
• Should I drop comprehensive coverage on older vehicles?
• Do I need medical payments coverage since I have good health insurance?
• Are all vehicle passengers covered by medical payments coverage?

If it’s difficult to answer those questions but a few of them apply, you might consider talking to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of auto insurance companies in your area. It only takes a few minutes and can provide invaluable advice.

You can change your insurance costs

Many things are used when you quote your car insurance policy. Some are obvious such as your driving record, but other criteria are less obvious like your vehicle usage or your financial responsibility.Smart consumers have a good feel for some of the things that help determine insurance coverage rates. If you have a feel for what positively or negatively impacts your premiums, this empowers consumers to make smart changes that may result in lower premium levels.

Listed below are some of the most rate-impacting factors insurance coverage companies consider when setting your prices.

• Premiums increase with policy add-ons – Insurance companies have many additional coverages that sound like a good idea at the time when buying insurance coverage. Insurance for rental car coverage, better glass coverage, and extra equipment coverage may not be needed and are just wasting money. These may sound like a good investment when deciding what coverages you need, but if you don’t need them eliminate them to save money.
• Insurance coverage rates and age – Mature drivers are more cautious drivers, statistically cause fewer accidents , and are generally more financially stable.Youthful drivers tend to be inattentive behind the wheel therefore insurance coverage rates are much higher.
• Pay more of a claim out-of-pocket – Physical damage deductibles state the amount of money the insured will be required to pay before a claim is paid by your company. Physical damage protection, also called ‘full coverage’, insures against damage to your car. A few examples of covered claims would be collision with another vehicle, damage caused by hail, or theft of your vehicle. The more damage repair cost you pay before a claim is paid (deductible), the less your company will charge you for insurance on Sierra insurance.
• Your address can modify prices – Residing in a small town is a good thing when it comes to insurance coverage. Less people living in that area means a lower chance of having an accident in addition to fewer liability claims. City drivers tend to have more road rage incidents and a longer drive to work. Higher commute times statistically corresponds to a higher accident and claim rate.
• Annual mileage and car insurance costs – Driving a lot of miles every year the more it will cost to insure it. Many insurance companies apply a rate based upon how you use the vehicle. Autos that have low annual miles cost less to insure as compared to vehicles used primarily for driving to work. An improperly rated Sierra 1500 may be wasting your money. Double check that your declarations sheet is showing the right rating data.
• Cheaper premiums using alarm systems – Purchasing a vehicle with a theft deterrent system can help bring down rates. Theft prevention devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can thwart auto theft.
• Does auto insurance cost more for men? – Statistics show that females tend to be a little less risky than males. That doesn’t necessarily mean that women are BETTER drivers than men. Both sexes have at-fault accidents in similar percentages, but the men have costlier accidents. Not only are claims higher, but men get cited for more serious violations such as DWI and reckless driving. Young males are several times more likely to be in an accident so they pay the highest premiums.
• Cheaper rates for prior coverage – Letting your insurance expire will be a sure-fire way to drive up your policy premiums. And not only will insurance be more expensive, failure to provide proof of insurance could result in a revoked license or a big fine. You will then be forced to provide proof of insurance in the form of an SR-22 filing with your state department of motor vehicles.

Why you might not save $388 a year

Consumers can’t get away from all the ads that claim the cheapest premium rates by companies like State Farm and Allstate. All the companies make an identical promise that people will save if you move your insurance policy to them.

Is it even possible that every company can have lower policy pricing? This is the trick they use.

Different companies have an ideal profile for a prospective insured that makes them money. An example of this type of insured may be between the ages of 30 and 50, has no tickets, and drives a lower-performance vehicle. A propective insured that hits that “sweet spot” will get a cheap rate quote and most likely will cut their rates substantially.

People who do not meet those criteria will see higher prices which usually ends up with the customer not purchasing. If you pay close attention to the ads, they say “customers that switch” but not “everyone who gets a quote” will save that much if they switch. That is how companies can make claims that they all have the best rates.

Each company has different criteria, so drivers must compare quotes as often as possible. It’s not possible to predict the company that will have the best prices for your profile.

Coverages available on your insurance policy

Learning about specific coverages of insurance can help you determine appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Listed below are typical coverage types offered by insurance companies.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses like dental work, pain medications, X-ray expenses and surgery. The coverages can be used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP is not universally available and gives slightly broader coverage than med pay

Comprehensive or Other Than Collision

Comprehensive insurance coverage covers damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like rock chips in glass, fire damage and hitting a deer. The highest amount your insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Liability

Liability insurance will cover damage or injury you incur to other people or property that is your fault. It protects you from claims by other people, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 25/50/25 which stand for a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Some companies may use one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability insurance covers things like repair bills for other people’s vehicles, attorney fees and emergency aid. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as large an amount as possible.

Coverage for collisions

This coverage will pay to fix damage to your Sierra 1500 from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for claims like crashing into a building, hitting a parking meter and backing into a parked car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. You can also choose a higher deductible in order to get cheaper collision rates.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as damage to your GMC Sierra 1500.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually these limits are similar to your liability insurance amounts.

The best insurance company isn’t always the cheapest

Throughout this article, we presented a lot of ways to shop for 1998 GMC Sierra 1500 insurance online. The key thing to remember is the more you quote insurance coverage, the higher the chance of saving money. Consumers could even find that the lowest prices come from the smaller companies. Regional companies may often insure only within specific states and give getter rates compared to the large companies like Allstate, Geico and Progressive.

When trying to cut insurance costs, it’s a bad idea to sacrifice coverage to reduce premiums. There are a lot of situations where someone sacrificed liability coverage limits and found out when filing a claim that the savings was not a smart move. The goal is to buy the best coverage you can find at the best price and still be able to protect your assets.

For more information, feel free to visit the following helpful articles:

• A Tree Fell on Your Car: Now What? (Allstate)
• What Auto Insurance is Cheapest for a GMC Sierra in Portland? (PortlandInsure.com)
• Who Has the Cheapest Jersey City Car Insurance for a GMC Sierra? (InsuranceJerseyCity.com)
• What is Covered by GAP Insurance? (Allstate)
• How Much Auto Coverage do I Need? (Insurance Information Insitute)
• Booster Seat Ratings (iihs.org)
• Medical Payments Coverage (Liberty Mutual)
• What is a Telematics Device? (Allstate)