2001 GMC Sierra 2500HD Car Insurance Rates – 8 Tips to Save

Trying to find lower auto insurance rates for your GMC Sierra 2500HD? Wish you could get out of an expensive auto insurance policy? You’re in good company because there are many drivers thinking the same thing.

Lots of insurance companies contend for your insurance dollar, and it can be difficult to compare rates to find the absolute cheapest price

You should take the time to compare prices once or twice a year because auto insurance prices trend upward over time. Just because you found the lowest price for SierraHD coverage a few years ago the chances are good that you can find a lower rate today. You can find a lot of wrong information about auto insurance on the internet, but in just a couple of minutes you can learn some of the best techniques to save money.

First Step: Get free auto insurance quotes

Performing a rate comparison is a ton of work if you aren’t aware of the easiest way. You could spend your day talking to insurance companies in your area, or you could save time and use the web to accomplish the same thing much quicker.

Many of the larger companies enroll in a system that allows shoppers to complete one form, and each company can give them a price based on that data. This saves time by eliminating quote forms to every company. To enter your information into the quoting system, click to open in new window.

The one disadvantage to doing it this way is you don’t know exactly the companies to get quotes from. If you would rather choose individual companies to compare, we have a listing of the cheapest auto insurance companies in your area. Click here to view list.

Whichever way you use, make sure you are using the exact same deductibles and coverage limits for each quote you get. If the quotes have unequal deductibles or liability limits it’s not possible to determine the lowest rate for your GMC Sierra 2500HD. Slightly different coverage limits may result in large price differences. Keep in mind that comparing more rates from different companies gives you a better chance of getting the best price.

Slick advertising tricks that work

Insurance coverage companies such as Allstate, GEICO and Progressive endlessly run ads on TV and radio. All the ads make the point that drivers will save a bundle if you switch to their company. How is it plausible that every one can sell you cheaper insurance coverage? It’s all in how they say it.

Many companies offer their best rates for a prospective insured that earns them the highest profit. For example, a desirable insured might have to be between the ages of 40 and 55, has a low-risk occupation, and insures a new vehicle. Someone that meets those criteria will most likely get cheap rates and will probably pay quite a bit less when switching companies.

Consumers who do not meet these criteria will get higher prices and ends up with the customer buying from someone else. The trick is to say “customers who switch” but not “all drivers who get quotes” can get the lowest rates when switching. This is how insurance companies can confidently make those statements.

Because of this risk profiling, it’s extremely important to compare price quotes frequently. Because you cannot predict the company that will be your best fit.

Double check you’re getting with these eight discounts

Not many people think insurance is cheap, but you can get discounts that can help lower your rates. Many discounts should be triggered at the time of purchase, but some discounts are required to be asked about prior to receiving the credit.

  • College Student Discount – Kids who live away from home to go to college and do not have access to a covered vehicle could get you a discount.
  • Multi-Vehicle Discounts – Purchasing coverage when you have several vehicles on one policy can reduce the rates for all insured vehicles.
  • Active Military Service – Having an actively deployed family member could qualify you for better prices.
  • Memberships – Being a member of a professional or civic organization can get you a small discount on car insurance.
  • Discounts for Government Workers – Employees or retirees of the government could cut as much as 10% off for SierraHD coverage depending on your car insurance provider.
  • Senior Citizen Discount – If you qualify as a senior citizen, you may receive reduced rates for SierraHD coverage.
  • Waiver for an Accident – Not necessarily a discount, but some insurance companies may permit one accident without the usual rate increase if your claims history is clear for a set time period.
  • Anti-theft Discount – Cars and trucks that have factory anti-theft systems have a lower chance of being stolen and that can save you a little bit as well.

Keep in mind that most of the big mark downs will not be given to your bottom line cost. The majority will only reduce individual premiums such as liability and collision coverage. Despite the appearance that all those discounts means the company will pay you, it’s just not the way it works.

A list of car insurance companies and a selection of discounts include:

  • State Farm offers discounts for safe vehicle, driver’s education, multiple policy, good student, accident-free, and Drive Safe & Save.
  • GEICO includes discounts for federal employee, membership and employees, defensive driver, seat belt use, air bags, and multi-policy.
  • Allstate has discounts for defensive driver, premier plus, teenSMART discount, 55 and retired, safe driver, and auto/life discount.
  • SAFECO has savings for teen safe driver, homeowner, safe driver, anti-lock brakes, and teen safety rewards.
  • Farm Bureau may offer discounts for good student, multi-policy, multi-vehicle, 55 and retired, renewal discount, safe driver, and driver training.
  • Progressive policyholders can earn discounts including homeowner, multi-policy, multi-vehicle, continuous coverage, and good student.
  • AAA may include discounts for AAA membership discount, multi-car, multi-policy, anti-theft, good student, and pay-in-full.

When quoting, ask each company which discounts you qualify for. All car insurance discounts may not apply to policyholders in your area. If you would like to view companies who offer discounts, click this link.

Your situation helps dictate your coverage

When it comes to choosing coverage for your vehicles, there is no “best” method to buy coverage. Everyone’s situation is unique so your insurance needs to address that. These are some specific questions might help in determining if your insurance needs would benefit from professional advice.

  • Am I insured when driving a different vehicle?
  • Why am I required to get a high-risk car insurance policy?
  • Why do I only qualify for high-risk insurance?
  • Can I afford low physical damage deductibles?
  • Is my ex-spouse still covered by my policy?
  • When should I remove comp and collision on my 2001 GMC Sierra 2500HD?

If you’re not sure about those questions but you know they apply to you, you may need to chat with an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies.

Auto insurance coverage information

Knowing the specifics of your auto insurance policy can help you determine which coverages you need for your vehicles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find the normal coverages offered by auto insurance companies.

Coverage for collisions

Collision insurance pays to fix your vehicle from damage from colliding with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as sustaining damage from a pot hole, scraping a guard rail, crashing into a ditch, colliding with another moving vehicle and backing into a parked car. This coverage can be expensive, so consider dropping it from vehicles that are older. You can also bump up the deductible to save money on collision insurance.

Liability coverages

Liability coverage can cover injuries or damage you cause to other’s property or people by causing 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 values of 25/50/25 that means you have a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount without having the split limit caps.

Liability can pay for claims such as court costs, repair bills for other people’s vehicles, funeral expenses and attorney fees. How much liability should you purchase? That is a decision to put some thought into, but you should buy as large an amount as possible.

Coverage for medical payments

Coverage for medical payments and/or PIP provide coverage for expenses like chiropractic care, EMT expenses, pain medications, doctor visits and ambulance fees. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states and may carry a deductible

Comprehensive coverages

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like hail damage, damage from getting keyed, fire damage and hitting a bird. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage

This coverage protects you and your vehicle when other motorists do not carry enough liability coverage. Covered losses include hospital bills for your injuries and damage to your 2001 GMC Sierra 2500HD.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Frequently these coverages are identical to your policy’s liability coverage.

Shop Smart and Save

When trying to cut insurance costs, it’s very important that you do not sacrifice coverage to reduce premiums. There have been many situations where someone dropped uninsured motorist or liability limits and found out when filing a claim that the savings was not a smart move. The proper strategy is to find the BEST coverage at an affordable rate but still have enough coverage for asset protection.

In this article, we presented a lot of information how to get a better price on 2001 GMC Sierra 2500HD insurance. The key concept to understand is the more quotes you get, the better chance you’ll have of finding affordable auto insurance. Consumers may even find the best auto insurance rates are with some of the lesser-known companies. These companies may only write in your state and offer lower premium rates than the large multi-state companies such as Progressive or GEICO.

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