How Much Does 2006 GMC Sierra 1500HD Insurance Cost?

Looking for cheaper insurance coverage rates for your GMC Sierra 1500HD? I doubt anyone fancies paying their premiums for insurance coverage, particularly when it costs too dang much. Vehicle owners have many insurers to purchase coverage from, and although it’s a good thing to have a choice, so many choices can make it hard to compare rates.

It’s a great practice to shop coverage around at least once a year because insurance coverage prices are rarely the same from one policy term to another. Even if you think you had the lowest rate for SierraHD coverage a few years ago the chances are good that you can find a lower premium rate today. Ignore everything you know about insurance coverage because I’m going to teach you the fastest way to find better rates and still maintain coverage.

Buying car insurance is not that difficult. If you currently have a car insurance policy, you will be able to save some money using this strategy. Vehicle owners only need an understanding of the best way to buy car insurance on the web.

More discounts mean lower-cost premiums

Auto insurance is easily one of your largest bills, but you might find some hidden discounts that could drop your premiums quite a bit. Certain credits will be shown at the time of purchase, but some may not be applied and must be asked about prior to receiving the credit.

• No Charge for an Accident – but certain companies permit an accident before raising your premiums if you are claim-free for a specific time period.
• Defensive Driver Discount – Successfully completing a class that teaches driver safety techniques could cut 5% off your bill depending on where you live.
• Student Discounts – A discount for being a good student can earn a discount of 20% or more. Earning this discount can benefit you well after school through age 25.
• Good Driver Discount – Insureds who avoid accidents could pay up to 40% less for SierraHD coverage as compared to drivers with claims.
• Sign Early and Save – Some auto insurance companies give discounts for switching policies before your current expiration date. You could save around 10% when you buy car insurance online.
• Active Military Service – Having a deployed family member could be rewarded with lower rates.

Discounts lower rates, but most discount credits are not given to the entire cost. Most only apply to specific coverage prices like physical damage coverage or medical payments. Despite the fact that it seems like adding up those discounts means a free policy, auto insurance companies aren’t that generous.

To see insurers with discount auto insurance rates, follow this link.

Informed decisions result in lower insurance costs

Many factors are part of the calculation when you quote your car insurance policy. Some of the criteria are obvious such as your driving record, although some other factors are more transparent such as your credit history or your vehicle rating.

• Buy a safe car and pay less – Cars with five star safety ratings cost less to insure. These vehicles reduce occupant injuries and fewer serious injuries translates into fewer and smaller insurance claims and cheaper rates on your policy. If your GMC has at least four stars on Safercar.gov you are probably receiving a discount.
• Better drivers pay better costs – Drivers with clean records receive lower rates compared to drivers with tickets. Only having one speeding ticket can increase the cost of insurance to the point where it’s not affordable. Drivers who have received multiple citations like reckless driving or DUI may need to maintain a SR-22 with the DMV in their state in order to continue driving.
• Bad credit will cost you – Having a good credit score will be a significant factor in your rate calculation. Insureds with excellent credit tend to be better drivers and file fewer claims than those with lower ratings. So if your credit history is low, you could be paying less to insure your 2006 GMC Sierra 1500HD by spending a little time repairing your credit.
• Mature drivers are lower risk – Inexperience drivers have been known to be inattentive behind the wheel so insurance coverage rates are higher. Adding a inexperienced driver onto your insurance coverage can be very expensive. More mature drivers are more cautious drivers, cost insurance companies less in claims , and usually have better credit.
• GPS tracking and theft deterrents reduce premiums – Choosing to buy a car with advanced anti-theft systems can earn a premium discount. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder your car from being stolen.
• More miles driven equals more premium – The higher the mileage driven each year the more you’ll pay to insure it. Most insurance companies calculate prices determined by how the vehicle is used. Vehicles that are left in the garage cost less to insure than cars that get driven a lot. It’s a good idea to make sure your insurance coverage policy is showing how each vehicle is driven. Incorrect rating for your Sierra 1500HD may be wasting your money.
• What are good liability coverage limits? – The liability coverage on your policy will afford coverage if a jury decides you are liable for physical damage or personal injury to other. It provides for a legal defense up to the limits shown on your policy. Liability insurance is pretty cheap as compared to coverage for physical damage, so drivers should make sure they buy enough to cover all assets.

It’s not one size fits all

When choosing proper insurance coverage for your vehicles, there really is no “best” method to buy coverage. Everyone’s needs are different and your policy should reflect that. These are some specific questions may help highlight whether or not you may require specific advice.

• What is the minimum liability in my state?
• Is my 2006 GMC Sierra 1500HD covered for smoke damage?
• If my pet gets injured in an accident are they covered?
• Do I really need UM/UIM coverage?
• Do I have coverage when using my vehicle for my home business?
• Do I have any recourse if my insurance company denies a claim?

If it’s difficult to answer those questions then you might want to talk to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can help protect your family.

Coverages available on your car insurance policy

Understanding the coverages of car insurance aids in choosing appropriate coverage for your vehicles. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. Listed below are typical coverages found on most car insurance policies.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your GMC Sierra 1500HD.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Comprehensive protection

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like damage from getting keyed, fire damage, theft and vandalism. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Medical expense coverage

Coverage for medical payments and/or PIP provide coverage for immediate expenses like prosthetic devices, dental work, hospital visits, nursing services and surgery. The coverages can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Collision insurance

Collision coverage covers damage to your Sierra 1500HD from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers things such as sustaining damage from a pot hole, rolling your car, hitting a parking meter and crashing into a building. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. It’s also possible to bump up the deductible to get cheaper collision coverage.

Liability auto insurance

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

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 50/100/50 that translate to $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability coverage protects against claims like emergency aid, structural damage, attorney fees, court costs and medical expenses. How much coverage you buy is a personal decision, but you should buy higher limits if possible.

Cheaper insurance is a realistic goal

When searching for cheap car insurance quotes, it’s not a good idea to buy lower coverage limits just to save a few bucks. In many instances, an insured cut uninsured motorist or liability limits and learned later that the small savings ended up costing them much more. The proper strategy is to buy the best coverage you can find at an affordable rate, but don’t skip important coverages to save money.

The cheapest 2006 GMC Sierra 1500HD insurance can be bought online and also from your neighborhood agents, so you should be comparing quotes from both to have the best rate selection. Some insurance companies don’t offer rate quotes online and many times these smaller providers prefer to sell through independent agencies.

Even more information is located in these articles:

• Your Car has been Stolen: Now What? (Allstate)
• What Car Insurance is Cheapest for a GMC Sierra in Houston? (HoustonCoverage.com)
• Teen Driver Statistics (Insurance Information Insitute)
• Should I Purchase an Umbrella Liability Policy? (Insurance Information Insitute)
• Learn About Car Insurance (Geico)
• Safe Vehicles for Teens (iihs.org)
• Winter Driving (Insurance Information Insitute)