How Much Does 2003 GMC Sierra 1500HD Car Insurance Cost?

Want cheaper auto insurance rates for your GMC Sierra 1500HD? There isn’t anyone who looks forward to paying for auto insurance, especially when the cost is too high.

Many insurers compete to insure your vehicles, and because of this it can be hard to compare car insurance companies to find the absolute lowest cost out there.

Smart consumers take time to compare prices periodically because rates tend to go up over time. Just because you found the best rate for SierraHD coverage on your last policy you can probably find a lower rate today. Forget anything you know (or think you know) about auto insurance because you’re about to learn the quickest way to remove unneeded coverages and save money.

Compare free insurance coverage price quotes

To find cheap prices, there are a couple of ways to get quotes from many insurance coverage companies in your state. The quickest method to find cheaper 2003 GMC Sierra 1500HD rates is simply to get online rate quotes. This is quite simple and can be completed in a couple of different ways.

1. One of the simplest ways consumers can analyze rates is an all-inclusive rate comparison like this one (opens in new window). This type of form prevents you from having to do boring form submissions for each company you want a rate for. Just one form gets prices estimates from multiple companies.
2. A different way to analyze rates requires you to visit each individual company website to request a price quote. For example, we’ll pretend you want to get rates from Geico, Progressive and Farmers. To get each rate you have to spend time going to each site individually to input your insurance information, which can get old fast.

   To view a list of companies in your area, click here.

The method you choose is up to you, but try to use nearly identical coverage limits and deductibles for each quote you get. If you are comparing different data it will be next to impossible to determine which rate is truly the best. Just a small difference in insurance coverages or limits could skew the results. Just keep in mind that making a lot of price comparisons helps you find the best price. Not every company does online quotes, so you should also compare rates on coverage from those companies, too.

Tricks in car insurance advertising

Popular car insurance providers such as 21st Century, Allstate and State Farm consistently run ads on television and other media. They all seem to try to convey promises that people will save if you just switch your policy. It sounds good, but how can they all charge you less for auto insurance? You have to listen carefully.

Insurance providers have specific guidelines for the type of customer that makes them money. For example, this type of risk profile could possibly be over the age of 35, has no prior claims, and drives a safe vehicle. Someone who matches those parameters will get very good premium rates and have a good chance to save when switching.

Consumers who may not quite match the “perfect” profile may be forced to pay a higher premium and ends up with the prospect going elsewhere. The ads say “drivers that switch” but not “everyone who gets a quote” will save that much if they switch. That’s why companies can truthfully make those statements. This really illustrates why you need to do a rate comparison at every renewal. It is impossible to predict with any certainty which company will have the best prices.

Save money with these insurance discounts

Insuring your fleet can be pricey, but you might find some hidden discounts that you may not even know about. Some discounts apply automatically when you purchase, but some must be specially asked for before they will apply. If you check and find you aren’t receiving every discount you deserve, it’s possible you qualify for a lower rate.

• Braking Control Discount – Anti-lock brake equipped vehicles are much safer to drive and will save you 10% or more.
• Accident Forgiveness Coverage – This one isn’t a discount, but companies like State Farm and Allstate will forgive one accident before hitting you with a surcharge as long as you don’t have any claims before the accident.
• Pay Now and Pay Less – If you pay your entire premium ahead of time rather than paying monthly you can avoid monthly service charges.
• Anti-theft System – Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems are stolen less frequently and earn discounts up to 10% off your auto insurance quote.
• Air Bag Discount – Cars that have air bags or automatic seat belts can get savings of 25 to 30%.
• 55 and Retired – Older drivers can possibly qualify for a small decrease in premiums for SierraHD coverage.
• Employee of Federal Government – Simply working for the federal government can earn a discount up to 10% for SierraHD coverage with select insurance companies.
• Military Discounts – Having an actively deployed family member could mean lower premium rates.

Please keep in mind that many deductions do not apply to the entire policy premium. The majority will only reduce the price of certain insurance coverages like liability and collision coverage. So when it seems like you could get a free insurance policy, nobody gets a free ride.

A list of insurance companies and a partial list of their discounts can be read below.

• Progressive offers premium reductions for online quote discount, good student, homeowner, continuous coverage, online signing, and multi-policy.
• AAA may have discounts that include AAA membership discount, multi-car, education and occupation, pay-in-full, anti-theft, and good student.
• Farmers Insurance may include discounts for teen driver, switch companies, youthful driver, alternative fuel, electronic funds transfer, and early shopping.
• Geico may offer discounts for defensive driver, multi-vehicle, air bags, emergency military deployment, anti-theft, federal employee, and good student.
• Esurance discounts include Pac-12 alumni, DriveSense, anti-theft, multi-policy, and homeowner.
• SAFECO has savings for accident prevention training, homeowner, multi-car, safe driver, anti-lock brakes, and bundle discounts.
• State Farm has discounts for Drive Safe & Save, safe vehicle, multiple policy, student away at school, anti-theft, and passive restraint.

Before you buy a policy, ask each company or agent which credits you are entitled to. Some of the earlier mentioned discounts might not apply in every state. If you would like to choose from a list of insurers who offer insurance discounts, click here.

Car insurance can get complicated

When buying coverage for your personal vehicles, there is no one size fits all plan. Coverage needs to be tailored to your specific needs so your insurance should reflect that For example, these questions might help in determining if you will benefit from professional help.

• How can I get high-risk coverage after a DUI?
• Am I covered when driving on a suspended license?
• Am I better off with higher deductibles on my 2003 GMC Sierra 1500HD?
• What is roadside assistance coverage?
• Where can I get insurance after a DUI in my state?
• Does my personal policy cover me when driving out-of-state?
• Are rental cars covered under my policy?
• Should I bundle my homeowners policy with my auto?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies.

Auto insurance coverage considerations

Learning about specific coverages of your policy aids in choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. Shown next are the usual coverages found on the average auto insurance policy.

Liability coverages – This coverage provides protection from injuries or damage you cause to other’s property or people by causing an accident. This insurance protects YOU against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 25/50/25 which means $25,000 bodily injury coverage, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability insurance covers claims like repair costs for stationary objects, loss of income and court costs. How much coverage you buy is a decision to put some thought into, but buy as large an amount as possible.

Collision coverages – This coverage will pay to fix damage to your Sierra 1500HD resulting from colliding with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers claims such as hitting a parking meter, crashing into a ditch and rolling your car. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Another option is to raise the deductible to save money on collision insurance.

Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage provides protection when other motorists do not carry enough liability coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your GMC Sierra 1500HD.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Comprehensive coverage – This coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as hitting a bird, fire damage, vandalism, a broken windshield and falling objects. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Medical payments coverage and PIP – Med pay and PIP coverage provide coverage for bills such as ambulance fees, chiropractic care, rehabilitation expenses, X-ray expenses and funeral costs. The coverages can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. They cover both the driver and occupants and will also cover any family member struck as a pedestrian. PIP is not universally available and may carry a deductible

The best insurance company isn’t always the cheapest

When shopping online for insurance coverage, you should never buy lower coverage limits just to save a few bucks. In too many instances, someone dropped uninsured motorist or liability limits only to regret at claim time they didn’t purchase enough coverage. The goal is to purchase plenty of coverage at the lowest possible cost but still have enough coverage for asset protection.

Cheaper insurance coverage can be sourced from both online companies and from local agencies, and you should compare price quotes from both so you have a total pricing picture. There are still a few companies who do not provide rate quotes online and usually these smaller providers work with local independent agents.

Even more information can be read in the articles below:

• Safety Belts FAQ (iihs.org)
• What Car Insurance is Cheapest for a GMC Sierra in Henderson? (QuoteHenderson.com)
• Frontal Crash Tests (iihs.org)
• What is Covered by an Auto Insurance Policy? (Insurance Information Insitute)
• Understanding Your Insurance Deductible (Insurance Information Insitute)
• Five Mistakes to Avoid (Insurance Information Insitute)
• Medical Payments Coverage (Liberty Mutual)