Save Money on GMC Sierra 2500HD Insurance in Philadelphia

Want lower-priced GMC Sierra 2500HD insurance in Philadelphia? Are you burned out from wondering where the money will come from to buy car insurance? You have the same problem as most other consumers in Pennsylvania.

It’s well known that insurance companies don’t want their policyholders to compare prices. People who shop rates annually will most likely move their business because there is a high probability of finding a lower-priced policy. A recent study showed that consumers who routinely shopped for cheaper coverage saved over $3,500 over four years compared to other drivers who never shopped around for cheaper prices.

If finding the lowest rates on GMC Sierra 2500HD insurance in Philadelphia is why you’re reading this, then having some insight into how to get price quotes and compare insurance premiums can help you succeed in finding affordable rates.

Many insurance companies compete for your insurance dollar, and it can be difficult to compare rates and uncover the absolute best rates possible on GMC Sierra 2500HD insurance in Philadelphia.

It’s important to compare prices on a regular basis because rates are rarely the same from one policy term to another. Just because you had the lowest rate on GMC Sierra 2500HD insurance in Philadelphia two years ago a different company probably has better prices today. Block out anything you think you know about car insurance because you’re going to get a crash course in the right way to lower your annual insurance bill.

Companies offering GMC Sierra 2500HD insurance in Philadelphia

The companies shown below are ready to provide free quotes in Pennsylvania. If the list has multiple companies, we recommend you compare several of them to get the lowest price.

Rates and information analytics

The information shown next showcases different prices for GMC Sierra 2500HD models. Understanding how insurance policy rates are calculated can be of help when making decisions when shopping your coverage around.

Premium data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Pennsylvania minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Premium amounts do not factor in specific Philadelphia garaging location which can affect rates substantially.

Raise deductibles and save

When shopping for insurance, a common question is how high or low should comp and collision deductibles be. The figures shown below help summarize the rate fluctuation of buying low and high deductibles. The first pricing table uses a $250 deductible for comp and collision and the second rate table uses a $1,000 deductible.

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, multi-vehicle, and claim-free. Premium costs do not factor in vehicle garaging location which can lower or raise insurance rates greatly.

Using the data above, we can ascertain that using a $250 deductible will cost you approximately $28 more each month or $336 each year than requesting the higher $1,000 deductible. Because you would pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you average at least 27 months between claim filings, you would come out ahead if you elect the higher deductible. Here’s how you can make your own decision.

One thing to be aware of is that increasing deductibles to lower your rates means you will have to pay more when you have a physical damage claim. You need to have enough savings in order to pay the deductible to have repairs made.

The diagram below illustrates how choosing a deductible and can change GMC Sierra 2500HD insurance prices for different age groups. Data assumes a married male driver, comprehensive and collision coverage, and no discounts are applied.

Four factors that influence insurance prices

Multiple criteria are considered when quoting car insurance. Some are obvious such as traffic violations, but other criteria are less obvious such as your marital status or your vehicle rating.

Marriage reduces risk – Having a significant other may cut your premiums on your car insurance policy. Marriage means you’re more stable financially and insurance companies like that married drivers tend to have fewer serious accidents.

Always keep your coverage in force – Allowing your coverage to lapse can be a fast way to increase your renewal premiums. In addition to paying higher rates, getting caught without coverage will get you a steep fine or even jail time. Then you may be required to provide proof of insurance in the form of an SR-22 filing with the Pennsylvania motor vehicle department.

Your job may affect prices – Occupations such as doctors, business owners, and miners tend to pay higher premiums than the average policyholder due to high stress and extremely grueling work hours. Conversely, careers like actors, engineers and retirees have the lowest average rates.

Safer cars save money – Vehicles that have high safety ratings are cheaper to insure. Safe vehicles protect occupants better and fewer serious injuries translates directly to fewer claims which can result in lower premiums.

Discounts can help to save on GMC Sierra 2500HD insurance in Philadelphia

Auto insurance is not inexpensive, but there may be some discounts that many people don’t even know exist. Certain credits will be shown at the time of purchase, but some must be specially asked for before being credited. If you’re not getting every credit possible, you could be paying more than you need to.

• Onboard Data Collection – Insureds that choose to allow driving data collection to track their driving habits by using a telematics device such as State Farm’s In-Drive could see a rate decrease as long as the data is positive.
• Discount for Home Ownership – Owning a house in Philadelphia can save you money because of the fact that having a home demonstrates responsibility.
• Fewer Miles Equal More Savings – Fewer annual miles on your GMC may enable drivers to earn discounted premium rates on garaged vehicles.
• Sign Early and Save – Some insurance companies give discounts for buying a new policy early. It’s a savings of about 10%.
• Federal Government Employee – Federal government employees may qualify for a discount when you quote Philadelphia auto insurance with select insurance companies.
• Distant Student – Kids who are enrolled in a college that is more than 100 miles from Philadelphia and leave their car at home can be insured at a reduced rate.
• Membership in Organizations – Being a member of qualifying clubs or civic groups is a good way to get lower rates on your next auto insurance statement.

As is typical with insurance, most credits do not apply to all coverage premiums. A few only apply to the cost of specific coverages such as collision or personal injury protection. So even though it sounds like it’s possible to get free car insurance, nobody gets a free ride.

The diagram below visualizes the comparison of GMC Sierra 2500HD premium costs with and without some available policy discounts. Data assumes a female driver, a clean driving record, no at-fault accidents, Pennsylvania state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, safe-driver, multi-car, homeowner, and claim-free discounts applied.

A list of companies and the discounts they provide are included below.

• Progressive may have discounts that include multi-vehicle, good student, online signing, multi-policy, homeowner, and online quote discount.
• MetLife discounts include accident-free, claim-free, good driver, multi-policy, good student, defensive driver
• Mercury Insurance offers discounts for annual mileage, good student, multi-policy, ease of repair, professional/association, and multi-car.
• Nationwide has discounts for family plan, easy pay, defensive driving, accident-free, business or organization, and Farm Bureau membership.
• GEICO policyholders can earn discounts including multi-policy, driver training, federal employee, multi-vehicle, anti-lock brakes, defensive driver, and five-year accident-free.
• AAA offers discounts including good driver, good student, education and occupation, multi-car, AAA membership discount, anti-theft, and multi-policy.

If you need lower rates, check with every prospective company the best way to save money. Depending on the company, some discounts may not apply to policies everywhere. If you would like to choose from a list of auto insurance companies that offer many of these discounts in Pennsylvania, click here.

Independent or exclusive insurance agents

A small number of people would prefer to sit down and talk to an agent and that is just fine! One of the great benefits of getting online price quotes is you can get cheaper car insurance rates but still work with a licensed agent.

After filling out this simple form, your insurance coverage information gets sent to insurance agents in Philadelphia who want to provide quotes and help you find cheaper coverage. You won’t need to drive around because quoted prices will be sent to you instantly. Get lower rates without a big time investment. In the event you want to compare rates from a specific insurance company, you would need to visit that company’s website and fill out their quote form.

Finding a good insurance company should depend on more than just a cheap price. The answers to these questions are important, too.

• Is their price quote a firm figure or are their hidden costs?
• What company do they have the most business with?
• Do they have a Better Business Bureau rating in Philadelphia?
• If you are a high risk driver, do they have special markets for your coverage?
• Which companies can they place coverage with?

Types of car insurance agents

If you want to buy auto insurance from a reliable insurance agency, you should know the types of agencies and how they operate. Philadelphia agents can either be independent (non-exclusive) or exclusive.

Exclusive Insurance Agencies

Exclusive agencies have only one company to place business with and some examples include Allstate, AAA, Farmers Insurance, and State Farm. They generally cannot provide prices from multiple companies so you might not find the best rates. Exclusive agents are highly trained on the products they sell which helps them sell on service rather than price.

Shown below is a list of exclusive insurance agents in Philadelphia that can give you comparison quotes.

More Philadelphia agents

Independent Auto Insurance Agencies

Independent insurance agents are not locked into one company and that enables them to quote your coverage with multiple insurance companies and help determine which has the cheapest rates. If premiums increase, your agent can just switch to a different company without you having to go to a different agency.

When comparing rates, you will definitely want to get several quotes from multiple independent agents to have the best price comparison.

Below are Philadelphia independent agents that can give you rate quotes.

More Philadelphia agents

Quote often and quote early

You just read a lot of tips how to reduce GMC Sierra 2500HD insurance car insurance rates online in Philadelphia. It’s most important to understand that the more rate comparisons you have, the more likely it is that you will get a better rate. Consumers may even find the lowest priced auto insurance comes from a small local company. They may have significantly lower premium rates on certain market segments as compared to the big name companies such as Allstate or State Farm.

As you shop your coverage around, it’s a bad idea to buy lower coverage limits just to save a few bucks. There are a lot of situations where someone dropped comprehensive coverage or liability limits to discover at claim time they didn’t have enough coverage. The proper strategy is to purchase a proper amount of coverage at a price you can afford and still be able to protect your assets.

Additional articles

• Front crash protection reduces rear-end crashes (Insurance Institute for Highway Safety)
• Who Has the Cheapest Philadelphia Auto Insurance Rates for Drivers with a Bad Driving Record? (FAQ)
• Who Has Cheap Auto Insurance Quotes for Low Mileage Drivers in Philadelphia? (FAQ)
• What Auto Insurance is Cheapest for College Graduates in Philadelphia? (FAQ)
• How Much is Philadelphia Auto Insurance for Drivers Requiring a SR22? (FAQ)
• How Much is Philadelphia Car Insurance for Drivers with Accidents? (FAQ)
• Who Has Affordable Philadelphia Auto Insurance for Low Credit Scores? (FAQ)
• What Auto Insurance is Cheapest for Government Employees in Philadelphia? (FAQ)
• Tools for Teen Driving Safety (State Farm)
• Car Insurance: When not to Skimp (BankRate.com)