Finding low-cost insurance for your GMC Sierra 2500HD can be a lot of work, but you can learn these tips to find lower rates.
There are both good and bad ways to find auto insurance online and we’ll show you the absolute fastest way to compare rates for a GMC and find the best price possible either online or from local insurance agents.
Performing a rate comparison is a ton of work if you don’t know the best way to get rate quotes. You can waste a few hours (or days) talking about coverages with insurance companies in your area, or you can stay home and use the internet to get prices fast.
Most major companies belong to a marketplace that allows shoppers to enter their coverage request one time, and each company provides a quote based on that data. This eliminates the need for quotation requests for every car insurance company. To submit your quote information now, click to open in new window.
The single downside to using this type of system is you cannot specify which carriers you want pricing from. So if you prefer to pick individual companies for rate comparison, we have a listing of companies who write car insurance in your area. Click to view list.
It doesn’t matter which method you choose, just ensure you’re using the same quote information for each quote you get. If your comparisons have higher or lower deductibles then you won’t be able to determine which company has the best rates.
Consumers can’t get away from ads that promise big savings from companies such as State Farm, Allstate and GEICO. All the ads seem to make the promise of big savings if you switch your insurance coverage to their company.
How does each company sell you cheaper insurance coverage?
Many companies have specific characteristics for the type of customer that will add to their bottom line. A good example of this type of risk profile should be between the ages of 40 and 55, has had continuous coverage, and has great credit. Someone who meets those qualifications will qualify for the lowest car insurance rates and will probably save quite a bit of money when switching.
Potential customers who are not a match for the ideal profile will have to pay a higher premium and this results in the customer not purchasing. The ads say “customers that switch” not “everyone that quotes” save that much. That is how companies can make claims like that.
This really emphasizes why you really need to quote coverage with many companies. It’s impossible to know the company that will have the best rates.
Insurance coverage is easily one of your largest bills, but companies offer discounts that may help make it more affordable. Some discounts will apply at quote time, but a few need to be requested specifically before you get the savings.
One last thing about discounts, most discount credits are not given the the whole policy. A few only apply to the price of certain insurance coverages like medical payments or collision. Even though it may seem like you would end up receiving a 100% discount, insurance coverage companies aren’t that generous.
If you would like to see a list of companies who offer free insurance coverage quotes, click here.
When it comes to choosing proper insurance coverage for your personal vehicles, there really is not a perfect coverage plan. Your needs are not the same as everyone else’s.
For example, these questions may help you determine whether your personal situation might need an agent’s assistance.
If it’s difficult to answer those questions, you might consider talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form. It only takes a few minutes and you can get the answers you need.
Knowing the specifics of insurance aids in choosing the right coverages and proper limits and deductibles. Policy terminology can be difficult to understand and nobody wants to actually read their policy.
UM/UIM (Uninsured/Underinsured Motorist) coverage – This gives you protection from other drivers when they either have no liability insurance or not enough. It can pay for injuries to you and your family and damage to your 2016 GMC Sierra 2500HD.
Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.
Liability auto insurance – This coverage protects you from damage that occurs to people or other property. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 50/100/50 that translate to $50,000 bodily injury coverage, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Alternatively, you may have one limit called combined single limit (CSL) that pays claims from the same limit without having the split limit caps.
Liability coverage pays for claims like repair bills for other people’s vehicles, repair costs for stationary objects, pain and suffering, emergency aid and legal defense fees. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.
Collision coverage – Collision coverage will pay to fix damage to your Sierra 2500HD caused by collision with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.
Collision coverage pays for things like hitting a parking meter, sustaining damage from a pot hole, colliding with another moving vehicle, scraping a guard rail and rolling your car. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Drivers also have the option to increase the deductible in order to get cheaper collision rates.
Comprehensive auto coverage – Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive insurance covers claims like damage from flooding, fire damage, falling objects and a broken windshield. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.
Medical payments and PIP coverage – Coverage for medical payments and/or PIP kick in for short-term medical expenses for surgery, doctor visits, hospital visits, X-ray expenses and rehabilitation expenses. The coverages can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage
While you’re price shopping online, never skimp on coverage in order to save money. Too many times, an insured cut uninsured motorist or liability limits to discover at claim time that their decision to reduce coverage ended up costing them more. Your goal should be to buy the best coverage you can find at the best cost.
Affordable 2016 GMC Sierra 2500HD insurance can be bought from both online companies and with local insurance agents, so get free car insurance quotes from both of them to have the best rate selection. Some insurance providers may not provide internet price quotes and usually these small, regional companies sell through independent insurance agencies.
We’ve covered many tips how you can compare 2016 GMC Sierra 2500HD insurance prices online. The key concept to understand is the more companies you get rates for, the better your comparison will be. Drivers may discover the best price on auto insurance is with a smaller regional carrier.