Compare 1998 GMC Sierra 1500 Car Insurance Cost

Searching for better auto insurance rates for your GMC Sierra 1500? Buying the lowest cost auto insurance over the internet can be problematic for beginners to buying insurance online. Because there are so many insurers to choose from, how can you have a chance to compare every company to locate the cheapest available price?

Impacting insurance rates for a GMC Sierra 1500

An important part of buying insurance is that you know the factors that help determine the rates you pay for insurance coverage. Understanding what controls the rates you pay helps enable you to make changes that will entitle you to lower insurance coverage prices.

The following are some of the factors that factor into prices.

  • Theft deterrents lower rates – Owning a car that has an advanced theft prevention system can save you a little every year. Anti-theft devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent auto theft.
  • Multiple policies with one company can save – The majority of companies will give a discount to policyholders who carry more than one policy, otherwise known as a multi-policy discount. Even though this discount sounds good, it’s in your best interest to compare rates to make sure you are getting the best deal.
  • Your spouse saves you money – Having a spouse actually saves money on insurance coverage. It means you’re more mature than a single person and it’s statistically proven that drivers who are married are more cautious.
  • Proper usage rating affects rates – Driving more miles each year the more you will pay for insurance coverage. The majority of insurers charge to insure your cars determined by how the vehicle is used. Cars not used for work or commuting qualify for better rates compared to those used for work or business. Improper usage on your Sierra 1500 may be costing you. Ask your agent if your insurance coverage coverage shows the proper vehicle usage.
  • Liability coverage is cheap – Liability coverage provides coverage when you are found liable for causing damage or personal injury in an accident. Liability provides you with a defense in court which can cost thousands of dollars. Liability insurance is quite affordable when compared with rates for comp and collision, so drivers should carry high limits.
  • Do you know you’re credit rating? – Credit score is a important factor in calculating your insurance coverage rates. Therefore, if your credit rating is lower than you’d like, you could potentially save money when insuring your 1998 GMC Sierra 1500 by improving your credit score. People with high credit scores tend to be more responsible than drivers who have poor credit.

Pay less by taking advantage of discounts

Companies that sell car insurance don’t always list all available discounts in a way that’s easy to find, so we took the time to find both well-publicized and the harder-to-find discounts you could be receiving.

  • Student in College – Children who attend school more than 100 miles from home and do not have access to a covered vehicle may be able to be covered for less.
  • Drive Less and Save – Driving fewer miles could qualify for better rates on cars that stay parked.
  • No Claims – Claim-free drivers pay less when compared to bad drivers.
  • Senior Discount – Mature drivers can possibly qualify for better insurance rates for Sierra coverage.
  • Federal Government Employee – Simply working for the federal government can earn a discount up to 10% for Sierra coverage with certain companies.
  • Auto/Home Discount – If you insure your home and vehicles with the same company you could get a discount of 10% to 20% off each policy.
  • Club Memberships – Being a member of a civic or occupational organization may earn a discount when shopping for insurance for Sierra coverage.
  • Theft Prevention System – Anti-theft and alarm systems prevent vehicle theft and earn discounts up to 10%.

Consumers should know that many deductions do not apply to your bottom line cost. Most only reduce specific coverage prices like comp or med pay. So even though they make it sound like you can get free auto insurance, companies don’t profit that way.

Car insurance companies that may offer these benefits may include but are not limited to:

Check with every prospective company which discounts you may be entitled to. Some discounts might not be offered everywhere.

Your coverage should be tailored to you

When it comes to choosing adequate coverage for your vehicles, there really is not a one size fits all plan. Each situation is unique.

These are some specific questions might help in determining whether your personal situation may require specific advice.

  • Do I need PIP coverage since I have good health insurance?
  • Does my liability insurance cover pulling a trailer or camper?
  • Will my insurance pay for OEM parts?
  • Is a blown tire covered by insurance?
  • When should I buy a commercial auto policy?
  • Am I covered if hit by an uninsured driver?
  • Am I covered when driving in Canada or Mexico?

If you’re not sure about those questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, simply complete this short form.

Insurance coverages and their meanings

Having a good grasp of insurance can be of help when determining the best coverages at the best deductibles and correct limits. Policy terminology can be confusing and nobody wants to actually read their policy.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage pay for bills for things like hospital visits, ambulance fees, nursing services and doctor visits. They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Collision coverage – Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like crashing into a building, hitting a parking meter, scraping a guard rail and driving through your garage door. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to choose a higher deductible in order to get cheaper collision rates.

Comprehensive insurance – This will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as hail damage, damage from a tornado or hurricane and a broken windshield. The most a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability – Liability coverage protects you from damage or injury you incur to other’s property or people. It protects you from claims by other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 50/100/50 which means $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability insurance covers claims like legal defense fees, repair costs for stationary objects and bail bonds. The amount of liability coverage you purchase is up to you, but buy as much as you can afford.

Uninsured/Underinsured Motorist (UM/UIM) – This coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

More choices the merrier

The cheapest 1998 GMC Sierra 1500 insurance is attainable online and also from your neighborhood agents, so you should compare both to get a complete price analysis. Some companies may not provide online quoting and usually these small, regional companies provide coverage only through local independent agents.

We just presented many tips how you can get a better price on insurance. The most important thing to understand is the more providers you compare, the better chance you’ll have of finding lower rates. Consumers could even find that the most savings is with the least-expected company.

Drivers change insurance companies for any number of reasons including high rates after DUI convictions, unfair underwriting practices, denial of a claim and an unsatisfactory settlement offer. Whatever your reason, finding a new car insurance company is less work than it seems.

Additional car insurance information is located at the links below