2012 GMC Sierra 1500 Insurance Rates – 5 Ways to Save

Purchasing affordable car insurance might appear challenging for people who are new to buying their car insurance online. With dozens of companies in the marketplace, how can drivers have time to compare the different rates to find the lowest rates?

Buying car insurance is easy if you know what you’re doing. If you are paying for car insurance now, you stand a good chance to be able to reduce your rates substantially using this strategy. Nevertheless, vehicle owners must learn the way companies market on the web.

The quickest way to compare car insurance rates is to know the trick auto insurance companies actually pay money for the chance to give free rates quotes. To start a quote, the only thing you need to do is provide a little information including which vehicles you own, if a SR-22 is required, if the vehicle is leased, and if you went to college. Your details gets transmitted to insurance carriers in your area and they return cost estimate very quickly.

If you wish to get multiple quotes for your GMC Sierra 1500 now, click here then complete the form.

Truth in auto insurance advertising

Big name companies like State Farm, Allstate and Geico seem to constantly run ads on TV and radio. All the ads tend to make the same promise that drivers will save a bundle if you switch your coverage. How is it possible that every company can charge you a lower premium? It’s all in the numbers.

All the different companies look for specific characteristics for a prospective insured that earns them the most money. For example, a profitable insured could be between the ages of 30 and 50, has few claims, and chooses high deductibles. A customer getting a price quote who fits those characteristics may get the lowest rates as well as cut their rates substantially.

Potential insureds who don’t qualify for those standards will get a more expensive rate with the end result being the customer buying from a different company. The ads state “drivers that switch” but not “everyone who gets a quote” save the amount stated. That is how insurance companies can make claims that they all have the best car insurance rates. That is why drivers must compare free auto insurance quotes often. It is just not possible to predict the company that will have better rates than you’re paying now.

You may qualify for discounts

Not many people think insurance is cheap, but there could be available discounts that can help lower your rates. A few discounts will automatically apply when you quote, but some discounts are required to be specially asked for before being credited.

• Military Deployment Discount – Having an actively deployed family member can result in better prices.
• Government Employee Discount – Federal government employees may qualify for a discount when you quote auto insurance for Sierra coverage with a few car insurance companies.
• College Student – Kids who are attending college and do not have access to a covered vehicle could get you a discount.
• Pay Upfront and Save – If you pay your bill all at once rather than spreading payments over time you can avoid monthly service charges.
• Multiple Vehicles – Insuring multiple cars on one policy may reduce the rate for each vehicle.

A quick disclaimer, most discounts do not apply to the overall cost of the policy. Most only reduce the price of certain insurance coverages like liability, collision or medical payments. So when the math indicates it’s possible to get free car insurance, you’re out of luck.

A few of the larger companies and a summarized list of policyholder discounts are:

• State Farm may offer discounts for accident-free, safe vehicle, good student, good driver, Drive Safe & Save, and passive restraint.
• Geico offers discounts for air bags, multi-vehicle, anti-lock brakes, emergency military deployment, defensive driver, good student, and anti-theft.
• Liberty Mutual includes discounts for new graduate, new move discount, safety features, newly married, teen driver discount, newly retired, and multi-car.
• The Hartford offers discounts including bundle, vehicle fuel type, defensive driver, air bag, anti-theft, driver training, and good student.
• MetLife may include discounts for good driver, accident-free, defensive driver, claim-free, multi-policy, and good student.
• Progressive policyholders can earn discounts including multi-policy, continuous coverage, multi-vehicle, online signing, online quote discount, and homeowner.

Before you buy a policy, ask every company which credits you are entitled to. Some of the discounts discussed earlier may not apply to policyholders in your area. To view car insurance companies who offer free car insurance quotes, click this link.

There’s no such thing as the perfect insurance policy

When it comes to buying the right insurance coverage for your vehicles, there really is not a perfect coverage plan. Every insured’s situation is different.

These are some specific questions can help discover if your situation might need professional guidance.

• Can I afford to buy a different vehicle if my 2012 GMC Sierra 1500 is totaled?
• Am I covered when renting a car or should I buy coverage from the car rental agency?
• Does insurance cover tools stolen from my truck?
• When would I need rental car insurance?
• Is my nanny covered when driving my vehicle?
• Do I need an umbrella policy?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• What can I do if my company won’t pay a claim?
• Should I bundle my homeowners policy with my auto?

If you can’t answer these questions then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form.

Auto insurance coverages

Understanding the coverages of your insurance policy helps when choosing the best coverages and proper limits and deductibles. Policy terminology can be difficult to understand and coverage can change by endorsement.

UM/UIM Coverage – This protects you and your vehicle from other drivers when they do not carry enough liability coverage. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

Liability insurance – This provides protection from injuries or damage you cause to other’s property or people in an accident. It protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 100/300/100 that translate to a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability can pay for claims like emergency aid, attorney fees and structural damage. How much coverage you buy is your choice, but buy as large an amount as possible.

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays for damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as damage from a tornado or hurricane, a tree branch falling on your vehicle, a broken windshield, vandalism and falling objects. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Medical costs insurance – Coverage for medical payments and/or PIP pay for immediate expenses for things like doctor visits, X-ray expenses, nursing services and chiropractic care. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. They cover both the driver and occupants as well as if you are hit as a while walking down the street. PIP coverage is not an option in every state and may carry a deductible

Collision coverage – Collision coverage pays for damage to your Sierra 1500 from colliding with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like backing into a parked car, colliding with a tree, crashing into a ditch, damaging your car on a curb and crashing into a building. This coverage can be expensive, so consider removing coverage from older vehicles. It’s also possible to increase the deductible to get cheaper collision coverage.

Knowledge is power

The cheapest 2012 GMC Sierra 1500 insurance is possible on the web in addition to local insurance agencies, so you need to quote auto insurance with both to have the best rate selection. A few companies do not offer online price quotes and many times these small, regional companies sell through local independent agents.

People leave their current company for many reasons like delays in paying claims, high prices, unfair underwriting practices and even policy cancellation. Whatever your reason, switching insurance coverage companies is easier than you think.

In this article, we covered quite a bit of information on how to save on 2012 GMC Sierra 1500 insurance. The key thing to remember is the more rate quotes you have, the better chance you’ll have of finding cheaper auto insurance. Consumers could even find that the lowest premium rates are with the least-expected company.

To read more, take a look at the resources below:

• When is the Right Time to Switch Car Insurance Companies? (Allstate)
• Young Drivers: The High Risk Years Video (iihs.org)
• Auto Insurance Basics (Insurance Information Insitute)
• Rental Reimbursement Coverage (Allstate)
• Should I Buy a New or Used Car? (Allstate)
• Airbag FAQ (iihs.org)