How to Save on Cleveland GMC Sierra 2500HD Insurance

If you want to find the absolute lowest rates, then the best way to find the cheapest price for auto insurance rates is to start doing a yearly price comparison from companies that insure vehicles in Cleveland.

First, spend some time learning about car insurance and the changes you can make to prevent high rates. Many risk factors that are responsible for high rates such as your driving record and a low credit score can be improved by making minor changes to your lifestyle.

Second, compare price quotes from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only give prices from a single company like GEICO or Farmers Insurance, while independent agencies can give you price quotes for a wide range of companies. Start a quote

Third, compare the new rates to your existing coverage to see if you can save by switching companies. If you find a lower rate quote and make a switch, ensure there is no coverage lapse between policies.

Fourth, provide proper notification to your current company of your decision to cancel the current policy and submit a completed policy application and payment for the new coverage. As soon as you have the new policy, safely store the certificate verifying proof of insurance in an easily accessible location in your vehicle.

One bit of advice is to use the same deductibles and limits on each quote request and and to look at as many companies as possible. Doing this provides a fair rate comparison and a thorough price selection.

Shocking but true, over 70% of consumers have stayed with the same insurance company for at least the last four years, and nearly the majority have never quoted car insurance rates at all. Many consumers in Cleveland could save 55% each year, but they just don’t understand the benefits if they swap their current policy for a cheaper one.

Finding and comparing more affordable protection in Cleveland is not as time-consuming as you think. If you have a policy now or just want cheaper coverage, follow these tips to reduce premiums without having to cut coverage. Smart buyers just have to use the most time-saving way to compare price quotes online.

Companies offering competitive GMC Sierra 2500HD price quotes in Cleveland, OH

The companies in the list below are our best choices to provide free quotes in Cleveland, OH. In order to find cheap car insurance in OH, it’s a good idea that you compare several of them to get the lowest price.

Rate information and statistics

The premium table shown below highlights different insurance rates for GMC Sierra 2500HD models. Understanding more about how policy premiums are determined can benefit drivers when making decisions on the best policy coverages.

Prices based on single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Ohio minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Prices do not factor in your specific Cleveland location which can influence coverage rates substantially.

Comparison of policy deductibles

One of the more difficult decisions when buying auto insurance is how high should the deductibles for physical damage be. The rates shown below can help illustrate the price difference when you choose different insurance deductibles. The first rate estimation uses a $100 deductible for comp and collision and the second rate chart uses a $1,000 deductible.

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, safe-driver, and multi-vehicle. Information does not factor in zip code location which can influence coverage rates substantially.

Based on the figures above, using a $100 deductible will cost in the ballpark of $28 more each month or $336 every year averaged for all Sierra 2500HD models than opting for the higher $1,000 deductible. Due to the fact that you would have to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you have at least 32 months between claim filings, you would probably be better off if you choose the higher deductible.

Comparison of auto insurance rates by gender and age in Cleveland

The information below compares GMC Sierra 2500HD insurance rates for male and female drivers. Data assumes no claims, a clean driving record, full physical damage coverage, $1,000 deductibles, single marital status, and no other discounts are factored in.

GMC Sierra 2500HD full coverage rates compared to liability only

The illustration below shows the comparison of GMC Sierra 2500HD insurance costs when comparing full coverage to liability only. The prices are based on no violations or claims, $1,000 deductibles, marital status is single, and no additional discounts are factored in.

When to stop buying physical damage coverage

There is no definitive formula to stop paying for full coverage on your policy, but there is a general guideline. If the annual cost of having full coverage is more than around 10% of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.

For example, let’s pretend your GMC Sierra 2500HD replacement value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would receive is $2,000 after paying your deductible. If premium cost is more than $200 annually for physical damage coverage, then you may want to consider only buying liability coverage.

There are some scenarios where buying only liability insurance is not a good idea. If you still have a loan on your vehicle, you have to maintain full coverage to protect the lienholder’s interest. Also, if you don’t have enough money to buy a different vehicle if your current one is in an accident, you should not opt for liability only.

Discount Cleveland car insurance rates

Some insurance providers don’t always advertise all possible discounts in a way that’s easy to find, so we researched both the well known as well as some of the hidden ways to save on car insurance.

• No Claim Discounts – Drivers who don’t have accidents are rewarded with significantly better rates on Cleveland auto insurance quote when compared to drivers with a long claim history.
• Theft Prevention System – Cars that have factory anti-theft systems have a lower chance of being stolen and will qualify for a discount on a Cleveland auto insurance quote.
• Multi-line Discount – Companies who offer life insurance give a discounted car insurance rate on car insurance if you buy a life insurance policy as well.
• Anti-lock Brake System – Cars, trucks, and SUVs that have steering control and anti-lock brakes have fewer accidents and will save you 10% or more on Sierra 2500HD insurance in Cleveland.
• Defensive Driver – Taking part in a course in defensive driver may get you a small discount and easily pay for the cost of the class.
• Club Memberships – Affiliation with specific professional or occupational memberships or organizations could qualify you for a break on car insurance.

We need to note that most discount credits are not given to your bottom line cost. Some only apply to the price of certain insurance coverages like liability and collision coverage. Even though it appears you could get a free car insurance policy, you’re out of luck.

The chart below shows the comparison of GMC Sierra 2500HD premium costs with and without discounts applied. Data assumes a male driver, no tickets, no at-fault accidents, Ohio 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 claim-free, marriage, multi-car, multi-policy, safe-driver, and homeowner discounts applied.

Companies that may have many of the previously listed discounts are:

• Progressive
• SAFECO
• American Family
• MetLife
• GEICO
• The Hartford

Double check with each insurance company which discounts can lower your rates. Some discounts may not be available in Cleveland. If you would like to view insurance companies who offer cheap GMC Sierra 2500HD insurance quotes in Cleveland, follow this link.

When should I talk to an insurance agent?

Many drivers prefer to visit with an insurance agent and we recommend doing that Professional insurance agents can help you build your policy and help submit paperwork. One of the benefits of comparing auto insurance online is the fact that drivers can get lower rates and also buy local. And supporting neighborhood insurance agencies is definitely important in Cleveland.

Once you complete this form (opens in new window), the quote information gets sent to participating agents in Cleveland that can give you free Cleveland auto insurance quotes to get your business. There is no need to find an agent on your own since price quotes are sent to the email address you provide. If you have a need to get a comparison quote for a specific company, just jump over to their website to submit a rate quote request.

Listed below are agents in Cleveland who can help you get price quote information for GMC Sierra 2500HD insurance in Cleveland.

View more agents

Finding a good provider is decision based upon more than just the bottom line cost. Any agent in Cleveland should be willing to answer these questions.

• How would your car be valued if totaled?
• When do they do policy reviews?
• Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
• Are they actively involved in the community?
• Does the company use OEM repair parts?
• Does the agent help file claims?
• Can they provide you with a list of referrals?
• Do they have cheaper tiers of coverage?

What is the best auto insurance company in Ohio?

Selecting the top auto insurance provider can be rather challenging considering how many companies sell coverage in Cleveland. The company ratings listed below may help you select which car insurance companies to look at to insure your vehicles.

Top 10 Cleveland Car Insurance Companies Ranked by Customer Service

1. Mercury Insurance
2. Nationwide
3. State Farm
4. Safeco Insurance
5. American Family
6. Titan Insurance
7. Travelers
8. Liberty Mutual
9. GEICO
10. Erie Insurance

Top 10 Cleveland Car Insurance Companies Overall

1. USAA
2. 21st Century
3. GEICO
4. Nationwide
5. AAA Insurance
6. Liberty Mutual
7. Safeco Insurance
8. State Farm
9. Travelers
10. American Family

Insurance coverage options for a GMC Sierra 2500HD

Knowing the specifics of insurance helps when choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Shown next are the usual coverages available from insurance companies.

Liability

This provides protection from damage or injury you incur to other’s property or people. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 25/50/25 which stand for a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged property. Occasionally you may see one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for things such as medical expenses, bail bonds, repair costs for stationary objects, emergency aid and loss of income. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as much as you can afford. Ohio state minimum liability requirements are 25/50/25 but it’s recommended drivers buy more coverage.

The next chart demonstrates why minimum state limits may not be high enough to adequately cover claims.

Collision insurance

Collision insurance covers damage to your Sierra 2500HD resulting from colliding with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like crashing into a ditch, hitting a mailbox, scraping a guard rail and sideswiping another vehicle. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. Drivers also have the option to increase the deductible on your Sierra 2500HD to bring the cost down.

Comprehensive coverages

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like falling objects, damage from getting keyed and a tree branch falling on your vehicle. The maximum amount your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for nursing services, EMT expenses, doctor visits and dental work. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers you and your occupants in addition to if you are hit as a while walking down the street. PIP coverage is not universally available but can be used in place of medical payments coverage

Uninsured and underinsured coverage

This coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your GMC Sierra 2500HD.

Since a lot of drivers only carry the minimum required liability limits (25/50/25 in Ohio), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually the UM/UIM limits are similar to your liability insurance amounts.

Compare but don’t skimp

Some auto insurance companies don’t offer price quotes online and these smaller providers only sell coverage through local independent agents. Lower-priced GMC Sierra 2500HD insurance in Cleveland is attainable on the web and from local agencies, and you need to comparison shop both in order to have the best price selection to choose from.

While you’re price shopping online, make sure you don’t sacrifice coverage to reduce premiums. There have been many cases where someone sacrificed physical damage coverage and found out when filing a claim that the small savings ended up costing them much more. Your objective should be to get the best coverage possible at the best cost.

More detailed auto insurance information can be found at these sites:

• Distracted Driving Statistics (Insurance Information Institute)
• What Car Insurance is Cheapest for a Dodge Ram in Cleveland? (FAQ)
• Older Driver Statistics (Insurance Information Institute)
• Auto Insurance 101 (About.com)
• Understanding your Policy (NAIC.org)