How to Save on GMC Sierra 2500HD Insurance in Minneapolis

It takes a few minutes, but the best way to get the cheapest GMC Sierra 2500HD insurance in Minneapolis is to do a yearly price comparison from providers that sell auto insurance in Minnesota.

1. Try to understand the coverage provided by your policy and the things you can change to keep rates low. Many rating factors that are responsible for high rates such as traffic tickets, fender benders, and an unacceptable credit history can be rectified by being financially responsible and driving safely. Read the full article for more details to help keep prices low and find overlooked discounts.
2. Get rate quotes from direct, independent, and exclusive agents. Exclusive and direct companies can only give prices from one company like GEICO or State Farm, while agents who are independent can give you price quotes from multiple sources.
3. Compare the new quotes to your current policy to determine if switching companies saves money. If you find a lower rate quote and decide to switch, make sure coverage is continuous and does not lapse.
4. Give notification to your agent or company to cancel your current car insurance policy. Submit a completed application and payment for your new policy. As soon as you receive it, place your new certificate verifying proof of insurance in an easily accessible location in your vehicle.

The key thing to know about shopping around is to use identical coverage information on each quote and and to get prices from as many car insurance companies as possible. Doing this provides a level playing field and the best rate selection.

A recent survey discovered that about 70% of customers have remained with the same insurance company for at least four years, and 38% of customers have never even compared quotes to find cheap rates. With the average premium in Minnesota being $2,242, drivers could save up to $1,000 a year by just comparing quotes, but they don’t understand how simple it is to save money by comparing rate quotes.

Get discounts on Minneapolis auto insurance

Car insurance companies don’t always publicize the entire discount list very clearly, so the list below gives a summary of some of the best known and also the more inconspicuous credits available to lower your premiums when you buy Minneapolis car insurance online. If you do not check that you are getting every discount you qualify for, you may be paying too high a price.

• Distant Student Discount – Youth drivers who are enrolled in higher education away from home and do not have access to a covered vehicle may qualify for this discount.
• Auto/Life Discount – Some insurance carriers give a discounted price on car insurance if you buy a life policy as well.
• Multi-car Discount – Insuring multiple cars or trucks on one policy could earn a price break for each car.
• Minneapolis Homeowners Discount – Owning your own home or condo can earn you a little savings because of the fact that having a home is proof that your finances are in order.
• Discounts for Government Workers – Having worked for a branch of the government can earn a discount up to 10% with a few auto insurance companies.
• Discounts for Safe Drivers – Insureds without accidents can pay as much as 50% less than drivers with accident claims.
• No Claims – Claim-free drivers pay less in comparison with bad drivers.
• Low Mileage – Keeping the miles down on your GMC may enable drivers to earn substantially lower premium rates.
• Student Driver Training – Make teen driver coverage more affordable by requiring them to take driver’s ed class in school or through a local driver safety program.

Keep in mind that some of the credits will not apply to the whole policy. Most only reduce specific coverage prices like comprehensive or collision. Even though it appears it’s possible to get free car insurance, it’s just not the way it works.

The example below illustrates the difference between GMC Sierra 2500HD auto insurance rates with and without policy discounts. The data assumes a male driver, no accidents or driving violations, Minnesota state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-policy, marriage, multi-car, claim-free, and safe-driver discounts applied.

A few popular companies and a summarized list of policyholder discounts are outlined below.

• State Farm policyholders can earn discounts including safe vehicle, defensive driving training, good student, multiple autos, driver’s education, and passive restraint.
• GEICO offers discounts for seat belt use, emergency military deployment, driver training, multi-vehicle, military active duty, multi-policy, and defensive driver.
• Liberty Mutual offers discounts including preferred payment discount, newly retired, safety features, newly married, and exclusive group savings.
• The Hartford offers premium reductions for driver training, vehicle fuel type, defensive driver, anti-theft, and air bag.
• MetLife may offer discounts for good driver, good student, accident-free, multi-policy, claim-free, and defensive driver.
• Progressive includes discounts for online signing, homeowner, good student, continuous coverage, and online quote discount.

If you are trying to find low cost Minneapolis car insurance quotes, ask all companies you are considering how many discounts you can get. Some discounts listed above may not be offered in your state. To see companies that offer multiple discounts in Minneapolis, click here to view.

Finding GMC Sierra 2500HD insurance in Minneapolis

Most companies make it easy to get insurance quotes on their websites. Getting quotes for GMC Sierra 2500HD insurance in Minneapolis is possible for anyone because you just enter the amount of coverage you want into a form. After you submit the form the company’s rating system gets your credit score and driving record and returns a price. Being able to quote online for GMC Sierra 2500HD insurance in Minneapolis makes comparing rates easy, and it’s also necessary to compare as many rates as possible if you want to get the lowest payment possible.

To save time and find out if lower rates are available, compare quotes from the companies shown below. If you have a policy now, it’s recommended that you enter the coverage information identical to your current policy. This ensures you will be getting a price comparison using the exact same coverages.

The companies in the list below are our best choices to provide free quotes in Minneapolis, MN. To buy the cheapest car insurance in Minneapolis, we suggest you click on several of them in order to find the lowest rates.

Statistics and details

The premium table shown below covers a range of coverage costs for GMC Sierra 2500HD models. Having a better understanding of how insurance policy rates are figured can help drivers make smart choices when choosing a car insurance company.

Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Minnesota minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, multi-vehicle, and claim-free. Rate information does not factor in zip code location which can alter prices significantly.

Comparison of policy deductibles

One of the most common auto insurance questions is what deductibles to buy. The comparison tables below may help to conceptualize the rate difference of buying low and high physical damage coverage deductibles. The first rate quote example uses a $250 comprehensive and collision deductible and the second pricing table uses a $1,000 deductible.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Minnesota minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Rates do not factor in zip code location which can revise insurance rates noticeably.

Based on the data above, we can derive that using a $250 deductible costs about $28 more each month or $336 each year across all GMC Sierra 2500HD models than buying the higher $1,000 deductible. Due to the fact that you would have to pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to average at least 27 months between claims, you would probably save some money if you decide on a higher deductible. The table below shows an example of how this decision is made.

One thing to be aware of is that increasing deductibles to save money means you will have to pay more of your own money if you have a claim. You should have some non-essential savings in order to pay the deductible for vehicle repair.

Driving violations and accidents

The information below demonstrates how traffic citations and at-fault claims impact GMC Sierra 2500HD yearly insurance costs for different age groups. Data assumes a married male driver, full coverage, $1,000 deductibles, and no discounts are applied.

Tailor your car insurance coverage to you

When it comes to adequate coverage for your vehicles, there is no best way to insure your cars. Every situation is different.

For example, these questions might point out whether or not you will benefit from professional help.

• Do I need PIP (personal injury protection) coverage in Minnesota?
• Are there companies who specialize in insuring high-risk drivers?
• Should I file a claim if it’s only slightly more than my deductible?
• Does coverage extend to a rental car in a foreign country?
• What is the difference between personal and commercial auto insurance policies?
• Is my nanny covered when transporting my kids?
• Do I need to call my car insurance company before buying a new car?

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 insurance agent. To find an agent in your area, fill out this quick form.

Compare rate quotes but buy from a local Minneapolis insurance agency

Certain consumers prefer to visit with an insurance agent and that is recommended in a lot of cases A nice benefit of price shopping on the web is that you can obtain lower rates and still choose a local agent.

To find an agent, once you fill out this short form, your insurance coverage information is sent to agents in your area who will give competitive quotes for your coverage. You never need to contact an agency since price quotes are sent instantly to you. It’s the lowest rates and work with a local agent. If you wish to compare rates from a specific insurance company, just visit that company’s website and fill out the quote form the provide.

Finding the right company requires you to look at more than just the premium amount. The answers to these questions are important, too.

• Where are claims handled?
• How is replacement cost determined on your vehicle?
• Do they regularly work with personal auto policies in Minneapolis?
• Can glass claims be handled at your home?
• Do they offer accident forgiveness?

Listed below is a short list of insurance companies in Minneapolis willing to provide rate quotes for GMC Sierra 2500HD insurance in Minneapolis.

More Minneapolis agents

Why you need quality insurance for your Sierra 2500HD

Despite the high insurance cost for a GMC Sierra 2500HD in Minneapolis, insuring your vehicle is most likely required but also gives you several important benefits.

• Most states have minimum mandated liability insurance limits which means state laws require specific minimum amounts of liability insurance if you don’t want to risk a ticket. In Minnesota these limits are 30/60/10 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
• If your GMC Sierra 2500HD has a loan, more than likely the lender will have a requirement that you buy insurance to ensure loan repayment if the vehicle is totaled. If you default on your policy, the bank may buy a policy for your GMC at an extremely high rate and force you to pay for it.
• Insurance protects your vehicle and your assets. It will also provide coverage for all forms of medical expenses for you, your passengers, and anyone else injured in an accident. One of the most valuable coverages, liability insurance, will also pay attorney fees if you are sued as the result of an accident. If your car is damaged in a storm or accident, comprehensive and collision coverage will pay to repair the damage.

The benefits of buying car insurance are definitely more than the cost, specifically if you ever have a liability claim. Unknowingly, the average driver is overpaying more than $869 every year so compare rate quotes once a year at a minimum to be sure current rates are still competitive.

Car insurance coverage breakdown

Learning about specific coverages of a car insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as damage to your GMC Sierra 2500HD.

Because many people only carry the minimum required liability limits (which is 30/60/10), it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important.

Collision protection

Collision coverage pays for damage to your Sierra 2500HD caused by collision with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against claims like hitting a parking meter, driving through your garage door, colliding with a tree and rolling your car. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Drivers also have the option to choose a higher deductible on your Sierra 2500HD to get cheaper collision coverage.

Liability

This can cover damages or injuries you inflict on people or other property that is your fault. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 30/60/10 that means you have a $30,000 limit per person for injuries, a limit of $60,000 in injury protection per accident, and a limit of $10,000 paid for damaged property.

Liability coverage protects against things like loss of income, structural damage and medical expenses. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as large an amount as possible. Minnesota state law requires minimum liability limits of 30/60/10 but you should consider buying higher limits.

The chart below shows why minimum state limits may not be enough coverage.

Comprehensive coverage

This coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like hail damage, damage from flooding, fire damage and damage from a tornado or hurricane. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses like prosthetic devices, surgery and nursing services. They can be utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants as well as being hit by a car walking across the street. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Affordable auto insurance premiums are possible

Some companies may not offer online quoting and usually these regional carriers provide coverage only through local independent agencies. Lower-priced GMC Sierra 2500HD insurance in Minneapolis is definitely available online and from local agencies, and you should compare price quotes from both to have the best selection.

We covered many tips how you can reduce GMC Sierra 2500HD insurance premium rates online in Minneapolis. The most important thing to understand is the more providers you compare, the higher your chance of finding affordable GMC Sierra 2500HD insurance quotes. Consumers may even find the best price on auto insurance is with a small local company.

Drivers change insurance companies for a number of reasons such as delays in responding to claim requests, unfair underwriting practices, lack of trust in their agent or even being labeled a high risk driver. Regardless of your reason for switching companies, finding a new company can be less work than you think.

Additional detailed information can be found by following these links:

• Credit and Insurance Scores (Insurance Information Institute)
• Who Has Cheap Minneapolis Car Insurance for a Hyundai Elantra? (FAQ)
• Who Has Affordable Minneapolis Auto Insurance for 19 Year Olds? (FAQ)
• Things to Know Before you Cancel Insurance (Allstate)
• What are my Rights when Filing a Claim? (Insurance Information Institute)
• Neck Injury FAQ (iihs.org)
• Driving in Bad Weather (Insurance Information Institute)