Having to pay for overpriced GMC Sierra 2500 insurance can empty your savings account and make it impossible to make ends meet. Doing a price comparison is a great way to lower your monthly bill.
You have multiple car insurance companies to choose from, and although it’s nice to be able to choose, too many choices makes it more difficult to compare rates.
Pricing the cheapest insurance coverage is simple if you know the tricks. Just about every driver who is required by state law to have insurance most likely will be able to cut their insurance bill. Although consumers must learn the methods companies use to price online insurance and use this information to your advantage.
All the larger insurance coverage companies like State Farm, Geico and Progressive allow you to get insurance quotes on the web. The process is pretty painless as you just enter your personal and coverage information into a form. When the form is submitted, the system pulls your credit score and driving record and gives you a price quote. This simplifies rate comparisons, but the time required to go to many different websites and type in the same information is not the best way to spend an afternoon. But it’s very important to perform this step if you are searching for the best price on insurance coverage.
There is a better way!
The easiest way to find better insurance coverage pricing uses one simple form to return rates from several companies at one time. It’s a real time-saver, requires less work, and makes online shopping much easier to do. After your information is entered, it gets priced with multiple companies and you can pick any of the pricing results.
If a lower price is quoted, you simply finish the application and buy the policy. The whole process can be completed in a matter of minutes and can result in significant savings.
To quickly find out what other companies charge, simply click here to open in new window and fill out the form. If you have your current policy handy, we recommend you type in your coverages identical to your current policy. This helps ensure you will get rate quotes for exact coverage.
When it comes to choosing the best insurance coverage coverage, there is no one size fits all plan. Everyone’s needs are different so your insurance should reflect that Here are some questions about coverages that might point out if your situation will benefit from professional help.
If it’s difficult to answer those questions, you might consider talking to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area.
Understanding the coverages of your insurance policy can help you determine appropriate coverage and the correct deductibles and limits. The terms used in a policy can be ambiguous and reading a policy is terribly boring. Shown next are the normal coverages found on most insurance policies.
Collision – This covers damage to your Sierra 2500 caused by collision with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers things like colliding with a tree, hitting a mailbox and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. You can also choose a higher deductible to save money on collision insurance.
Auto liability – Liability insurance will cover damage that occurs to other people or property. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Occasionally you may see one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.
Liability can pay for things like structural damage, attorney fees, bail bonds, pain and suffering and medical services. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.
UM/UIM (Uninsured/Underinsured Motorist) coverage – This protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Frequently the UM/UIM limits are identical to your policy’s liability coverage.
Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for things like X-ray expenses, chiropractic care, rehabilitation expenses, dental work and surgery. They can be used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants and will also cover being hit by a car walking across the street. PIP is not available in all states and may carry a deductible
Comprehensive auto coverage – Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for claims such as hitting a deer, vandalism and a tree branch falling on your vehicle. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.