2004 GMC Sierra 1500 Car Insurance Quotes

Searching for low-cost insurance for a new or used GMC Sierra 1500 could be difficult, but you can learn the following methods to save time. There are more efficient ways to find insurance online so we’re going to tell you the quickest way to compare rates on a GMC and locate the lowest possible price from both online companies and local agents.

Finding Auto Insurance

Reducing your 2004 GMC Sierra 1500 insurance rates is actually quite simple. You just need to spend a few minutes on the computer to compare quotes online with multiple companies. This is very easy and can be done in just a few minutes using one of these methods.

  1. One of the best ways to find low rates is to use a rate comparison form like this one (opens in new window). This type of form eliminates the need for separate quote forms for each company you want a rate for. Taking the time to complete one form will get you rate comparisons from all major companies. It’s the fastest way to compare.
  2. A slightly less efficient method to shop for auto insurance online consists of visiting each individual company website to complete a price quote. For examples sake, let’s say you want to compare rates from State Farm, Liberty Mutual and Progressive. To find out each rate you need to go to every website and enter your policy data, which is why most consumers use the first method.

    To view a list of companies in your area, click here.

  3. The least recommended way to compare rates is to spend your day driving to and from local insurance agencies. The internet eliminates the need for an insurance agent unless you want the personal advice of a licensed agent. It is possible to compare online quotes but still have the advice of a local agent and we’ll touch on that later.

It’s up to you which method you use, but double check that you are using exactly the same coverage information on every quote you get. If your comparisons have different liability limits you can’t possibly make a fair comparison for your GMC Sierra 1500.

Take discounts and save

Companies offering auto insurance don’t always list every discount very clearly, so we break down both well-publicized and the harder-to-find discounts you could be receiving. If you’re not getting every credit you qualify for, you are paying more than you should be.

  • Homeowners Discount – Simply owning a home may trigger a insurance policy discount because owning a home shows financial diligence.
  • New Vehicle Savings – Buying coverage on a new vehicle is cheaper because new vehicles have to meet stringent safety requirements.
  • Multi-car Discount – Buying insurance for more than one vehicle on one policy qualifies for this discount.
  • Safe Driver Discount – Safe drivers may receive a discount up to 45% less on Sierra insurance than drivers with accidents.
  • E-sign – A handful of insurance companies give back up to $50 for buying a policy and signing up over the internet.
  • Accident Waiver – A handful of insurance companies allow you one accident before hitting you with a surcharge as long as you don’t have any claims for a particular time prior to the accident.
  • Pay Now and Pay Less – If paying your policy premium upfront rather than paying monthly you can actually save on your bill.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles are safer to drive and will save you 10% or more.
  • Early Switch Discount – Some insurance companies reward drivers for signing up before your current policy expires. It’s a savings of about 10%.

It’s important to understand that most of the big mark downs will not be given to your bottom line cost. Some only reduce individual premiums such as medical payments or collision. So even though they make it sound like it’s possible to get free car insurance, you’re out of luck.

A partial list of companies that possibly offer some of the above discounts may include but are not limited to:

Double check with all companies you are considering which discounts they offer. All car insurance discounts may not be available in your area.

Elements that influence GMC Sierra 1500 insurance rates

Smart consumers have a good feel for the factors that help determine insurance rates. Having a good understanding of what influences your rates allows you to make educated decisions that may reward you with much lower annual insurance costs.

  • Pay less after the wedding – Getting married can get you a discount on your policy. Marriage translates into being more mature and responsible it has been statistically shown that married couples file fewer claims.
  • How credit affects insurance rates – A driver’s credit rating is a large factor in determining your rates. Consumers who have good credit tend to be less risk to insure than those with poor credit. So if your credit can use some improvement, you could be paying less to insure your 2004 GMC Sierra 1500 by spending a little time repairing your credit.
  • Rural vs Urban Areas – Living in a rural area is a positive aspect when talking about insurance. City drivers regularly have more traffic problems and a longer drive to work. Less people living in that area means a lower chance of having an accident as well as less vandalism and auto theft.
  • Do you have enough liability coverage? – Liability coverage will protect you in the event that you are found to be at fault for damages caused by your negligence. Liability insurance provides legal defense up to the limits shown on your policy. Liability is cheap when compared with rates for comp and collision, so drivers should carry high limits.
  • An active claims history can cost you – Companies give better rates to people who do not file claims often. If you tend to file frequent claims, you can expect either higher rates or even cancellation. Insurance coverage is designed for major claims that would cause financial hardship.
  • Car features impact rates – Choosing a vehicle with a theft deterrent system can get you a discount on your insurance. Anti-theft devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart your car from being stolen.

Which policy gives me the best coverage?

When it comes to choosing the right insurance coverage for your vehicles, there isn’t really a perfect coverage plan. Everyone’s needs are different.

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

  • What is the minimum liability in my state?
  • Is my ex-spouse still covered by my policy?
  • When can my company non-renew my policy?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Can I rate high risk drivers on liability-only vehicles?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Does my policy pay for OEM or aftermarket parts?
  • Is my trailer covered?

If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with an agent. To find an agent in your area, fill out this quick form. It only takes a few minutes and can help protect your family.

Car insurance policy coverages for a 2004 GMC Sierra 1500

Having a good grasp of car insurance helps when choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement.

Coverage for collisions

This coverage will pay to fix damage to your Sierra 1500 caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers claims such as scraping a guard rail, sideswiping another vehicle, rolling your car, driving through your garage door and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also bump up the deductible to bring the cost down.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your GMC Sierra 1500.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as falling objects, vandalism, hitting a deer and a tree branch falling on your vehicle. The maximum payout a car insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Liability coverages

Liability coverage protects you from damage or injury you incur to people or other property in an accident. It protects you from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 50/100/50 which means a $50,000 limit per person for injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability coverage pays for claims like loss of income, medical services and structural damage. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase higher limits if possible.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage pay for bills such as rehabilitation expenses, X-ray expenses, EMT expenses and dental work. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants as well as 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

Summing up your auto insurance search

Cheap 2004 GMC Sierra 1500 insurance can be purchased from both online companies in addition to many insurance agents, and you should be comparing both to have the best rate selection. There are still a few companies who do not provide online price quotes and usually these small, regional companies provide coverage only through local independent agents.

Consumers leave their current company for many reasons like questionable increases in premium, delays in responding to claim requests, poor customer service or even delays in paying claims. Regardless of your reason, finding the right auto insurance provider is easier than you think.

We just covered many ways to compare insurance prices online. It’s most important to understand that the more rate comparisons you have, the better likelihood of reducing your rate. You may even discover the best price on auto insurance is with an unexpected company.

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