How to Save on Aurora GMC Sierra Insurance

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Insurance quote for GMC Sierra in AuroraHow long has it been since you shopped around for the cheapest GMC Sierra insurance in Aurora? Did you make the mistake of buying overpriced GMC Sierra insurance in Aurora? Don't sweat it because many Aurora consumers are in the same pinch.

Smart shoppers know that car insurance companies don't want policyholders to compare prices from other companies. Insureds who shop around annually will presumably switch companies because there is a good probability of finding better rates. Remarkably, a study showed that drivers who compared rates once a year saved approximately $850 each year as compared to drivers who never compared prices.

If finding the lowest rates on GMC Sierra insurance is the reason for your visit, knowing how to find companies and compare coverages can help make the process easier.

How to find cheaper rates for GMC Sierra insurance in Aurora

The recommended way to find better pricing on GMC Sierra insurance is to start comparing prices regularly from insurers in Aurora. Price quotes can be compared by completing these steps.

  • First, try to learn about how companies price auto insurance and the steps you can take to prevent expensive coverage. Many factors that result in higher rates like getting speeding tickets and bad credit can be amended by making minor changes to your lifestyle.
  • Second, request rate estimates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only provide price estimates from one company like Progressive or Farmers Insurance, while agents who are independent can provide rate quotes from multiple insurance companies. Begin your rate comparison
  • Third, compare the new rate quotes to your current policy to see if switching to a new carrier will save money. If you can save money and decide to switch, make sure there is no lapse between the expiration of your current policy and the new one.
  • Fourth, tell your current company of your intent to cancel your current car insurance policy. Submit any necessary down payment along with the completed application for your new coverage. Once received, keep the new proof of insurance certificate in a readily accessible location in your vehicle.

The critical component of shopping around is that you'll want to make sure you compare similar deductibles and liability limits on each price quote and and to get price estimates from as many companies as possible. Doing this ensures the most accurate price comparison and maximum price selection.

Popular companies such as GEICO and Progressive persitently shower you with ads and it is difficult to sift through the bull and find the best price available.

It's a good idea to shop coverage around every six months since insurance prices are constantly changing. If you had the best deal on GMC Sierra insurance in Aurora last year there may be better deals available now. Forget all the misinformation about auto insurance because I'm going to teach you how to use online quotes to save money, get proper coverage and the best rates.

The best way to compare policy rates for GMC Sierra insurance in Aurora is to know the trick most insurance companies have advanced systems to provide you with a free rate quote. All you need to do is give them rating details such as if a SR-22 is required, what your job is, driver details, and whether you are married. Your details is then sent to all major companies and they return rate quotes instantly to find the best rate.

To start a quote now, click here and complete the form.

The following companies have been selected to offer price comparisons in Colorado. To find cheaper auto insurance in CO, it's a good idea that you visit several of them to get the best price comparison.

GMC Sierra insurance statistics and information

The information shown below highlights a range of insurance prices for GMC Sierra models. Learning as much as possible about how auto insurance policy rates are determined can help you make smart choices when comparing insurance quotes.

GMC Sierra Insurance Rates in Aurora, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sierra SLE Regular Cab 2WD $192 $288 $460 $28 $138 $1,106 $92
Sierra SL Extended Cab 2WD $192 $288 $460 $28 $138 $1,106 $92
Sierra SLE Crew Cab 2WD $192 $288 $460 $28 $138 $1,106 $92
Sierra SL Crew Cab 2WD $216 $340 $460 $28 $138 $1,182 $99
Sierra SLE Crew Cab 2WD $216 $340 $460 $28 $138 $1,182 $99
Sierra SLE Regular Cab 4WD $216 $340 $460 $28 $138 $1,182 $99
Sierra SLE Extended Cab 4WD $216 $340 $460 $28 $138 $1,182 $99
Sierra SLE Crew Cab 4WD $216 $340 $460 $28 $138 $1,182 $99
Sierra SLT Extended Cab 2WD $216 $340 $460 $28 $138 $1,182 $99
Sierra SL Crew Cab 4WD $216 $340 $460 $28 $138 $1,182 $99
Sierra SLT Extended Cab 4WD $216 $340 $460 $28 $138 $1,182 $99
Sierra SLT Crew Cab 2WD $216 $340 $460 $28 $138 $1,182 $99
Sierra SLT Crew Cab 4WD $240 $390 $460 $28 $138 $1,256 $105
Sierra Denali Crew Cab 2WD $240 $390 $460 $28 $138 $1,256 $105
Sierra Denali Crew Cab 4WD $240 $390 $460 $28 $138 $1,256 $105
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Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Price information does not factor in zip code location which can decrease or increase premium rates noticeably.

Policy deductibles

One of the more difficult decisions when buying car insurance is what deductibles to buy. The rates shown below lay out how much more you'll pay between low and high physical damage coverage deductibles. The first rate quote example uses a $250 comprehensive and collision deductible and the second set of rates uses a $500 deductible.

GMC Sierra insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sierra SLE Regular Cab 2WD $272 $458 $352 $20 $106 $1,233 $103
Sierra SL Extended Cab 2WD $272 $458 $352 $20 $106 $1,233 $103
Sierra SLE Crew Cab 2WD $272 $458 $352 $20 $106 $1,233 $103
Sierra SL Crew Cab 2WD $306 $538 $352 $20 $106 $1,347 $112
Sierra SLE Crew Cab 2WD $306 $538 $352 $20 $106 $1,347 $112
Sierra SLE Regular Cab 4WD $306 $538 $352 $20 $106 $1,347 $112
Sierra SLE Extended Cab 4WD $306 $538 $352 $20 $106 $1,347 $112
Sierra SLE Crew Cab 4WD $306 $538 $352 $20 $106 $1,347 $112
Sierra SLT Extended Cab 2WD $306 $538 $352 $20 $106 $1,347 $112
Sierra SL Crew Cab 4WD $306 $538 $352 $20 $106 $1,347 $112
Sierra SLT Extended Cab 4WD $306 $538 $352 $20 $106 $1,347 $112
Sierra SLT Crew Cab 2WD $306 $538 $352 $20 $106 $1,347 $112
Sierra SLT Crew Cab 4WD $342 $620 $352 $20 $106 $1,465 $122
Sierra Denali Crew Cab 2WD $342 $620 $352 $20 $106 $1,465 $122
Sierra Denali Crew Cab 4WD $342 $620 $352 $20 $106 $1,465 $122
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GMC Sierra insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sierra SLE Regular Cab 2WD $220 $368 $352 $20 $106 $1,066 $89
Sierra SL Extended Cab 2WD $220 $368 $352 $20 $106 $1,066 $89
Sierra SLE Crew Cab 2WD $220 $368 $352 $20 $106 $1,066 $89
Sierra SL Crew Cab 2WD $250 $434 $352 $20 $106 $1,162 $97
Sierra SLE Crew Cab 2WD $250 $434 $352 $20 $106 $1,162 $97
Sierra SLE Regular Cab 4WD $250 $434 $352 $20 $106 $1,162 $97
Sierra SLE Extended Cab 4WD $250 $434 $352 $20 $106 $1,162 $97
Sierra SLE Crew Cab 4WD $250 $434 $352 $20 $106 $1,162 $97
Sierra SLT Extended Cab 2WD $250 $434 $352 $20 $106 $1,162 $97
Sierra SL Crew Cab 4WD $250 $434 $352 $20 $106 $1,162 $97
Sierra SLT Extended Cab 4WD $250 $434 $352 $20 $106 $1,162 $97
Sierra SLT Crew Cab 2WD $250 $434 $352 $20 $106 $1,162 $97
Sierra SLT Crew Cab 4WD $278 $500 $352 $20 $106 $1,256 $105
Sierra Denali Crew Cab 2WD $278 $500 $352 $20 $106 $1,256 $105
Sierra Denali Crew Cab 4WD $278 $500 $352 $20 $106 $1,256 $105
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Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, multi-vehicle, and safe-driver. Premium costs do not factor in vehicle garaging location which can revise premiums substantially.

Based on these figures, using a $250 deductible will cost you about $15 more each month or $180 annually across all GMC Sierra models than selecting the higher $500 deductible. Due to the fact that you would have to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you normally average more than 17 months between claims, you would save money if you choose the higher deductible.

The example below shows how choosing a deductible and can change GMC Sierra insurance prices for different age groups. The premiums assume a single male driver, comprehensive and collision coverage, and no discounts are applied.

Full coverage or liability only

The example below shows the comparison of GMC Sierra insurance prices with full physical damage coverage compared to only buying the minimum liability limits required in Colorado. The prices are based on no claims, a clean driving record, $1,000 deductibles, drivers are single, and no discounts are factored in.

When to stop buying full coverage

There isn't a written rule for phasing out full coverage on your policy, but there is a general convention. If the yearly cost of comp and collision coverage is more than about 10% of replacement cost minus your deductible, then it might be time to buy liability only.

For example, let's say your GMC Sierra replacement value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company will settle for is $8,000 after you pay the deductible. If premium cost is more than $800 annually for physical damage coverage, then you may need to consider dropping full coverage.

There are some scenarios where buying only liability insurance is not in your best interest. If you have an outstanding loan on your vehicle, you have to maintain full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should not remove full coverage.

Insurance does more than just repair your car

Despite the potentially high cost of GMC Sierra insurance, paying for insurance may be required for several reasons.

First, most states have compulsory liability insurance requirements which means you are required to carry a specific level of liability insurance coverage in order to license the vehicle. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.

Second, if your car has a lienholder, almost all lenders will force you to have comprehensive coverage to ensure the loan is repaid in case of a total loss. If you do not pay your insurance premiums, the lender may insure your GMC at a more expensive rate and force you to pay the higher premium.

Third, insurance safeguards not only your GMC but also your financial assets. It will also provide coverage for all forms of medical expenses for you, any passengers, and anyone injured in an accident. Liability insurance, one of your policy coverages, will also pay attorney fees 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 pay to have it repaired.

The benefits of carrying adequate insurance more than cancel out the cost, especially when you need to use it. The average driver in Colorado is wasting up to $855 a year so it's important to compare rates every year to be sure current rates are still competitive.

Insurance Rate Influencing Factors

Multiple criteria are part of the equation when premium rates are determined. A few of the factors are predictable like a motor vehicle report, although others are more obscure such as your credit history or how safe your car is. A large part of saving on auto insurance is knowing a few of the rating criteria that come into play when calculating the rates you pay for auto insurance. When you understand what impacts premium levels, this enables informed choices that will entitle you to big savings.

Avoid policy lapses - Not maintaining insurance is not a good idea and any future policy may cost more because you let your insurance lapse. In addition to paying higher premiums, the inability to provide proof of insurance may result in a steep fine or even jail time. Then you may be required to prove you have insurance by filing a SR-22 with the Colorado motor vehicle department to get your license reinstated.

Amount of liability - Liability insurance kicks in in the event that you are found liable for personal injury or accident damage. It provides you with a defense in court up to the limits shown on your policy. Liability is cheap compared to insuring for physical damage coverage, so insureds should have plenty of protection for their assets.

More than one policy can earn a discount - Some companies give better rates to buyers who carry more than one policy. It's known as a multi-policy discount. Discounts can be 10 percent or more. Even with this discount applied, you still need to shop around to confirm you are receiving the best rates possible. Drivers may still save even more by buying insurance from more than one company.

Raising comp and collision deductibles lowers costs - The deductibles you choose tell how much the insured will be required to pay if a claim is determined to be covered. Physical damage coverage, also known as collision and other-than-collision, insures against damage to your car. A few examples of covered claims are a windshield broken by a bird, fire damage, and damage caused by road hazards. The more expense the insured is willing to pay, the less your company will charge you for insurance.

Gender impacts rates - The statistics show that men are more aggressive behind the wheel. This data doesn't prove that women are better drivers. Males and females cause accidents at a similar rate, but males tend to have more serious accidents. Men also statistically get more serious tickets like driving under the influence (DUI).

The illustration below shows the comparison of GMC Sierra yearly insurance costs for male and female drivers. The information is based on no accidents, no driving violations, comprehensive and collision coverage, $100 deductibles, single marital status, and no discounts are applied.

Is your vehicle theft-ready? - Selecting a car model with anti-theft technology or alarm system can earn a premium discount. Theft deterrent systems such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack help track and prevent vehicle theft.

City dwellers may pay more - Residing in less populated areas has definite advantages when shopping for auto insurance. Fewer people translates into fewer accidents and lower theft and vandalism rates. Drivers in populated Colorado areas regularly have much more traffic and higher rates of accident claims. More time commuting statistically corresponds to a higher accident and claim rate.

Insurance loss data for GMC Sierra vehicles - Insurance companies use past insurance losses in order to profitably underwrite each model. Models that historically have higher frequency or amount of claims will have a higher cost to insure. The table below demonstrates the actual insurance loss data for GMC Sierra vehicles.

For each coverage type, the claim probability for all vehicles, as an average, is equal to 100. Values below 100 are indicative of better than average losses, while numbers above 100 show a trend for more claims or an increased chance of a larger loss.

Insurance Loss Ratings for GMC Sierra Vehicles
Specific GMC Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
GMC Sierra 1500 2WD 89 122 106
GMC Sierra 1500 4WD 97 86 79
GMC Sierra 1500 Crew Cab 2WD 87 99 132 69 69 89
GMC Sierra 1500 Crew Cab 4WD 89 102 114 52 51 73
GMC Sierra 1500 Ext Cab 2WD 98 109 96 70
GMC Sierra 1500 Ext Cab 4WD 78 85 89 65 56 94
GMC Sierra 2500 4WD 70 56
GMC Sierra 2500 Crew Cab 2WD 63 101
GMC Sierra 2500 Crew Cab 4WD 91 118 105 43 50 90
GMC Sierra 2500 Ext Cab 4WD 67 108 85 40
GMC Sierra 3500 Crew Cab 4WD 85 128 121 35
BETTER
AVERAGE
WORSE

Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Don't give up on affordable rates

You just learned many ways to lower your GMC Sierra insurance prices in Aurora. The key thing to remember is the more providers you compare, the better chance you'll have of finding low cost Aurora auto insurance quotes. Drivers may even discover the lowest prices come from some of the lesser-known companies. Smaller companies may have significantly lower rates on certain market segments than their larger competitors like Progressive and GEICO.

Lower-priced GMC Sierra insurance in Aurora is possible online and also from your neighborhood Aurora agents, and you need to price shop both in order to have the best chance of saving money. Some car insurance companies do not provide online price quotes and many times these small insurance companies sell through independent agents.

Steps to finding cheaper rates for GMC Sierra insurance in Aurora

If saving money is your primary concern, then the best way to get budget car insurance rates in Aurora is to compare prices at least once a year from insurance carriers who can sell car insurance in Colorado. Prices can be compared by following these steps.

Step 1: Gain an understanding of how car insurance works and the factors you can control to keep rates in check. Many risk factors that increase rates such as tickets, at-fault accidents, and your credit history can be rectified by making minor changes to your lifestyle.

Step 2: Request rate estimates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only provide price estimates from one company like GEICO and State Farm, while independent agents can provide price quotes from many different companies.

Step 3: Compare the new rates to the price on your current policy to see if cheaper Sierra coverage is available. If you find better rates, make sure the effective date of the new policy is the same as the expiration date of the old one.

One bit of advice is that you'll want to make sure you compare the same coverage limits and deductibles on every quote request and and to analyze as many auto insurance providers as possible. Doing this ensures the most accurate price comparison and the best rate selection.

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