Car Insurance Quotes for a GMC Sierra in San Antonio

Want lower-priced GMC Sierra insurance in San Antonio? Paying for overpriced GMC Sierra insurance in San Antonio can consume your personal savings and force you to tighten up your finances. Doing a rate comparison can be a smart way to lower your monthly bill.

It’s an obvious statement that car insurance companies don’t want you to look at other companies. Consumers who get comparison quotes once a year are highly likely to switch car insurance companies because of the high probability of finding better rates. A recent survey found that people who routinely compared quotes saved $3,400 over four years compared to policyholders who never shopped around for better prices.

If finding the most affordable GMC Sierra insurance is your objective, then having a good understanding the best way to shop and compare car insurance can help make the process easier and more efficient.

Many insurance companies vie to insure your vehicles, so it’s not easy to compare every company and uncover the absolute lowest price on GMC Sierra insurance in San Antonio.

Just remember that comparing more rates from different companies will enable you to find the best offered rates. Not every company allows you to get price estimates online, so you also need to get prices from them as well.

The companies in the list below provide price comparisons in Texas. If several companies are displayed, we suggest you visit as many as you can in order to find the lowest rates.

GMC Sierra insurance statistics and information

The data table shown next showcases different coverage prices for GMC Sierra models. Having a better understanding of how auto insurance prices are established can help customers make smart choices when buying a car insurance policy.

Data based on married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, multi-vehicle, and safe-driver. Information does not factor in zip code location which can increase or decrease coverage rates considerably.

Deductible comparison

When comparing car insurance rates, the most common question is how high or low should comp and collision deductibles be. The following tables lay out how much more you’ll pay of buying low and high comp and collision deductibles. The first rate quote example uses a $250 physical damage coverage deductible and the second rate table uses a $500 deductible.

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, safe-driver, and claim-free. Premium costs do not factor in San Antonio location which can decrease or increase prices greatly.

Using the data above, we can ascertain that using a $250 deductible costs approximately $17 more each month or $204 each year across all GMC Sierra models than quoting the higher $500 deductible. Because you would pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you tend to have at a minimum 15 months between claims, you would probably be better off by selecting a higher deductible.

The chart below illustrates how choosing a deductible and can impact GMC Sierra insurance costs for different age groups. The costs are based on a married female driver, full coverage, and no discounts are taken into consideration.

Cautious drivers save money

The illustration below shows how speeding tickets and fender-benders can raise GMC Sierra auto insurance rates for different age groups. The data assumes a married male driver, full coverage, $250 deductibles, and no discounts are taken into consideration.

Should you buy full coverage?

The chart below illustrates the comparison of GMC Sierra auto insurance costs with liability coverage only compared to full coverage. The data is based on no claims, a clean driving record, $250 deductibles, drivers are single, and no discounts are applied.

Are you wasting money paying for full coverage?

There isn’t a written rule to stop buying comprehensive and collision coverage on your policy, but there is a general convention. If the yearly cost of full coverage is 10% or more of the settlement you would receive from your company, then it’s probably a good time to buy liability coverage only.

For example, let’s assume your GMC Sierra book value is $8,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, you would only receive $7,000 after the policy deductible has been paid. If it’s costing in excess of $700 a year for physical damage coverage, then you might want to think about dropping full coverage.

There are a few situations where dropping physical damage coverage is not financially feasible. If you still owe money on your vehicle, you have to maintain full coverage in order to keep the loan. Also, if your savings is not enough to buy a different vehicle if your current one is damaged, you should maintain full coverage.

Why you need quality insurance for your vehicle

Despite the high cost of buying insurance for a GMC Sierra in San Antonio, auto insurance is required in Texas but also provides important benefits.

• The majority of states have mandatory liability insurance requirements which means you are required to buy a specific minimum amount of liability coverage in order to be legal. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If you bought your vehicle with a loan, it’s most likely the lender will make it mandatory that you have full coverage to guarantee their interest in the vehicle. If coverage lapses or is canceled, the bank may buy a policy for your GMC for a much higher rate and require you to fork over for the expensive policy.
• Auto insurance protects not only your GMC Sierra but also your financial assets. It will also reimburse you for hospital and medical expenses for not only you but also any passengers injured in an accident. Liability insurance, one of your policy coverages, will also pay for a defense attorney if someone files suit against you as the result of an accident. If damage is caused by hail or an accident, comprehensive (other-than-collision) and collision coverage will cover the damage repairs after a deductible is paid.

The benefits of insuring your Sierra more than offset the price you pay, particularly if you ever have a claim. But the average American driver is overpaying over $865 each year so it’s important to compare rates at every renewal to ensure rates are competitive.

Quote GMC Sierra Insurance More Affordably

Multiple criteria are part of the calculation when you get a price on insurance. Some of the criteria are obvious such as traffic violations, but some are more obscure such as your marital status or how safe your car is.

The list below includes a few of the things utilized by car insurance companies to help set your premiums.

Vehicles with better crash test results means cheaper prices – Vehicles with high crash test scores tend to have better insurance rates. Safe vehicles have better occupant injury protection and any reduction in injury severity translates into savings for insurance companies and more competitive rates for policyholders.

Car plus home equals more savings – Most major insurers give better rates to buyers who consolidate policies with them. It’s known as a multi-policy discount. The amount of the discounts can be as much as ten percent or more Even with this discount, it’s still a good idea to compare other company rates to make sure you are getting the best deal.There is a good possibility that you can find a better deal by insuring with multiple companies.

Avoid unnecessary add-on coverages – There are a lot of optional add-on coverages you can purchase but may not be useful. Insurance for things like rental car coverage, towing coverage, and additional equipment coverage are some examples. You may think they are a good idea when talking to your agent, but if they’re wasting money eliminate them to save money.

Deter theft and save – Driving a car with anti-theft technology or alarm system can help bring down rates. Advanced theft deterrents like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can help prevent auto theft.

Consider raising coverage deductibles – Physical damage protection, also known as collision and other-than-collision, covers damage that occurs to your GMC. Some coverage claims are running into the backend of another car, hitting a deer, and burglary. The deductibles you choose represent how much money you are required to spend out-of-pocket if you file a covered claim. The more of the claim you choose to pay out-of-pocket, the lower your rates will be.

Where do you drive? – Driving a lot of miles annually the higher your rates will be. A lot of companies price each vehicle’s coverage determined by how the vehicle is used. Cars that do not get driven very much get more affordable rates than vehicles that have high annual mileage. A policy that improperly rates your Sierra may be costing you. Make sure your vehicle rating is showing how each vehicle is driven.

Single drivers take more risk – Having a spouse may cut your premiums when shopping for insurance. It is viewed as being less irresponsible it has been statistically shown that married couples file fewer claims.

GMC Sierra statistical loss data – Insurance companies study historical loss data when they calculate premium prices for each model. Vehicles that the data shows to have higher claim amounts or frequency will have a higher cost to insure. The data below shows the loss history for GMC Sierra vehicles.

For each type of coverage, the loss probability for all vehicles, regardless of make, model or trim level, is represented as 100. Values that are 100 or less represent a good loss history, while percentage numbers above 100 indicate more frequent losses or statistically larger losses.

Auto insurance policy discounts you can’t miss

Auto insurance is easily one of your largest bills, but companies offer discounts that many people don’t even know exist. Many discounts should be triggered when you quote, but a few need to be specifically requested before you will receive the discount.

• Passive Restraints and Air Bags – Options like air bags and/or automatic seat belt systems may earn rate discounts of 20% or more.
• Savings for New Vehicles – Adding a new car to your policy is cheaper since newer vehicles are generally safer.
• One Accident Forgiven – Not really a discount, but some companies like Liberty Mutual and GEICO will allow you to have one accident before your rates go up so long as you are claim-free for a certain period of time.
• Driver Training Discounts – Participating in a course teaching driver safety skills can save you 5% or more and easily recoup the cost of the course.
• Telematics Data Discounts – People who choose to allow data collection to scrutinize their driving habits by using a telematic data system like Allstate’s Drivewise could save a few bucks if they exhibit good driving behavior.

Drivers should understand that most discount credits are not given to the whole policy. Most only apply to the price of certain insurance coverages like collision or personal injury protection. So even though it sounds like it’s possible to get free car insurance, auto insurance companies aren’t that generous.

The example below illustrates the difference between GMC Sierra insurance costs with and without discounts applied to the rates. The data is based on a female driver, a clean driving record, no at-fault accidents, Texas state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, claim-free, multi-car, marriage, homeowner, and safe-driver discounts applied.

A list of companies and some of the discounts can be found below.

• GEICO has savings for defensive driver, seat belt use, multi-policy, driver training, emergency military deployment, air bags, and anti-lock brakes.
• SAFECO offers discounts for teen safety rewards, bundle discounts, homeowner, accident prevention training, teen safe driver, and anti-lock brakes.
• State Farm may offer discounts for defensive driving training, accident-free, anti-theft, multiple policy, good driver, and good student.
• MetLife policyholders can earn discounts including claim-free, accident-free, multi-policy, defensive driver, and good driver.
• 21st Century includes discounts for automatic seat belts, air bags, theft prevention, teen driver, good student, and student driver.
• Progressive discounts include online signing, multi-policy, multi-vehicle, homeowner, and online quote discount.

When getting free San Antonio car insurance quotes, it’s a good idea to every prospective company the best way to save money. Some of the discounts discussed earlier may not be available in San Antonio. To see a list of providers who offer cheap GMC Sierra insurance quotes in Texas, click this link.

Shop online but buy locally

Many drivers just want to get advice from a local agent and often times that is recommended One of the benefits of comparing rate quotes online is you can get cheap rate quotes and still buy from a local agent.

By using this short form, your information is immediately sent to agents in your area that give free quotes for your coverage. There is no need to even leave your home as quotes are delivered straight to your inbox. You can most likely find cheaper rates and a licensed agent to work with. If you wish to get a comparison quote from a specific insurance company, you would need to find their quoting web page and submit a quote form there.

Selecting an provider needs to be determined by more than just the quoted price. The following questions are important to ask.

• Is the agency involved in supporting local community causes?
• Do they assist clients in filing claims?
• Does the agent have professional designations like CIC, CPCU or AIC?
• Do they get extra compensation for selling add-on coverages?
• Is every driver in your family covered?
• If you are a high risk driver, do they have special markets for your coverage?
• Is there a 24/7 contact number?
• Which companies can they place coverage with?

Independent or Exclusive: It’s your choice

If you need to find a local insurance agency, you must know there are a couple different types of agents to choose from. Insurance agencies in San Antonio can be classified as either exclusive or independent (non-exclusive).

Exclusive Agencies

Exclusive insurance agents can only quote rates from one company and some examples include State Farm or Allstate. Exclusive agents cannot compare rates from other companies so they have to upsell other benefits. Exclusive agencies are very knowledgeable on their company’s products which can be an advantage.

Listed below are exclusive agents in San Antonio who can help you get comparison quotes.

More San Antonio agents

Independent Insurance Agencies

These agents often have affiliation with several companies so as a result can place your coverage with lots of companies and get the cheapest rates. If they find a cheaper price, they simply move your policy to a different company and you stay with the same agent. If you are trying to find cheaper rates, you absolutely need to get quotes from independent agents to get the best comparison.

Shown below are independent agents in San Antonio who can help you get price quote information.

More San Antonio agents

Frequent quotes can save

We covered a lot of information how to shop for GMC Sierra insurance online. The most important thing to understand is the more times you quote, the better your chances of lowering your premium rates. You may even be surprised to find that the lowest priced auto insurance comes from some of the lesser-known companies. These smaller insurers can often insure niche markets at a lower cost than the large multi-state companies such as Progressive or GEICO.

As you prepare to switch companies, it’s not a good idea to sacrifice coverage to reduce premiums. There have been many cases where an insured cut collision coverage to discover at claim time that they should have had better coverage. The goal is to get the best coverage possible at an affordable rate, but do not skimp to save money.

For more information, link through to the resources below:

• Cellphones, Texting and Driving (iihs.org)
• Who Has Cheap San Antonio Auto Insurance for Safe Drivers? (FAQ)
• How Much is Car Insurance for Police Officers in San Antonio? (FAQ)
• Who Has Cheap Auto Insurance Quotes for 16 Year Olds in San Antonio? (FAQ)
• Credit Impacts Car Insurance Rates (State Farm)
• What are my Rights when Filing a Claim? (Insurance Information Institute)