2003 GMC Sierra 1500 Car Insurance Quotes

Looking for better car insurance rates for your GMC Sierra 1500? Being forced to pay for overpriced car insurance premiums can sap your savings account and possibly require postponing other expenditures. Drivers have multiple car insurance companies to choose from, and even though it’s nice to have multiple companies, it makes it harder to compare rates and find the lowest cost car insurance.

The purpose of this post is to instruct you on how to effectively get price quotes and some money-saving tips. If you currently have car insurance, you stand a good chance to be able to cut costs considerably using these methods. Drivers only need to know the tricks to get comparison quotes online.

Ways to get insurance price quotes

Finding cheaper 2003 GMC Sierra 1500 insurance quotes can be quick and easy. All that’s required is to take the time comparing free insurance quotes online with multiple companies. You can get a good selection of rate quotes using one of these methods.

Experts agree that the best way to compare a lot of rates at once is an all-inclusive rate comparison (click to open form in new window). This quick form keeps you from doing separate quotation requests to each individual insurance company. A single, simple form gets coverage cost estimates direct from many companies.

A harder way to get quotes online consists of going to the website for every company you want to comare to complete a price quote. For examples sake, let’s say you want to compare prices for Allstate, Esurance and State Farm. You would need to visit each site to enter the same coverage data repeatedly, and that’s why the first method is more popular. For a list of companies in your area, click here.

The least efficient way to do your price quoting is to waste gas driving to insurance agents’ offices. The fact that you can get quotes online eliminates the need for an insurance agent unless your situation requires the professional advice that you can only get from talking to an agent. It is possible to price shop online but buy the policy through an agent.

Take whichever approach you prefer, but double check that you are using exactly the same coverage limits with each company. If you are comparing different deductibles then you won’t be able to determine which rate is truly the best.

Get lower-cost rates with these discounts

Companies that sell car insurance don’t list all available discounts very well, so below is a list both the well known and the harder-to-find credits that you can use to lower your rates.

• Low Mileage Discounts – Keeping the miles down on your GMC could qualify for lower prices on the low mileage vehicles.
• Defensive Driver Discount – Taking part in a safe driver course could cut 5% off your bill if you qualify.
• Service Members Pay Less – Having a deployed family member can result in better rates.
• Data Collection Discounts – Drivers who elect to allow their insurance company to spy on when and where they use their vehicle by using a small device installed in their vehicle like Allstate’s Drivewise could save a few bucks if their driving habits are good.
• Life Insurance – Some insurance carriers give a small discount if you purchase life insurance from them.
• No Claim Discounts – Drivers with accident-free driving histories can save substantially compared to drivers with a long claim history.
• Own a Home – Owning a home may trigger a policy discount on auto insurance because maintaining a house requires personal responsibility.
• Save over 55 – If you’re over the age of 55, you could receive lower premium rates on Sierra coverage.

A little note about advertised discounts, most credits do not apply to all coverage premiums. Some only reduce the cost of specific coverages such as comp or med pay. So even though it sounds like you can get free auto insurance, you aren’t that lucky. Any amount of discount should definitely cut the premium cost.

To find insurers that have a full spectrum of discounts, follow this link.

Car insurance can be complex

When it comes to choosing coverage for your vehicles, there isn’t really a “best” method to buy coverage. Everyone’s situation is unique so this has to be addressed. These are some specific questions may help highlight if your situation may require specific advice.

• Who is covered when they drive my 2003 GMC Sierra 1500?
• Do I need an umbrella policy?
• What is the minimum liability in my state?
• Should I drop comprehensive coverage on older vehicles?
• Is my dog or cat covered if injured in an accident?
• Can I afford to pay high deductible claims out of pocket?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of car insurance companies in your area. It’s fast, free and can help protect your family.

Information about specific coverages

Understanding the coverages of your policy helps when choosing the best coverages and proper limits and deductibles. Insurance terms can be ambiguous and coverage can change by endorsement. These are typical coverage types available from insurance companies.

Liability coverage – Liability coverage will cover injuries or damage you cause to people or other property that is your fault. This insurance protects YOU against claims from other people, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 50/100/50 that means you have a limit of $50,000 per injured person, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Occasionally you may see a combined limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability insurance covers claims such as bail bonds, repair bills for other people’s vehicles, loss of income, legal defense fees and court costs. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Protection from uninsured/underinsured drivers – This gives you protection from other motorists when they do not carry enough liability coverage. It can pay for injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea. Usually the UM/UIM limits are set the same as your liablity limits.

Comprehensive (Other than Collision) – Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like theft, damage from flooding, fire damage, damage from getting keyed and rock chips in glass. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses such as doctor visits, rehabilitation expenses and funeral costs. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover all vehicle occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Collision coverages – Collision insurance will pay to fix damage to your Sierra 1500 caused by collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things such as hitting a mailbox, colliding with a tree and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. It’s also possible to bump up the deductible to save money on collision insurance.