Save on GMC Sierra 2500HD Insurance in Dallas

Anyone knows that insurance companies want to keep you from shopping around. Drivers who compare price quotes are very likely to switch companies because of the good chance of finding coverage at a cheaper rate. Remarkably, a study showed that consumers who make a habit of shopping around saved approximately $3,400 over four years compared to policyholders who never shopped around.

If finding the lowest price on auto insurance in Dallas is your intention, then having a good understanding how to choose a company and compare insurance premiums can save money and time.

The best way to get discount GMC Sierra 2500HD insurance in Dallas is to regularly compare price quotes from providers in Texas. This can be done by following these steps.

1. Take a few minutes and learn about how companies set rates and the things you can change to keep rates down. Many rating criteria that are responsible for high rates like getting speeding tickets and an imperfect credit history can be eliminated by making minor changes to your lifestyle.
2. Get rate quotes from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only give prices from one company like GEICO and State Farm, while agents who are independent can provide rate quotes from multiple companies.
3. Compare the quotes to your existing policy to see if a cheaper price is available in Dallas. If you find better rates and buy the policy, make sure there is no lapse in coverage.
4. Give notification to your agent or company of your intention to cancel the current policy and submit any necessary down payment along with the completed application for the new coverage. When you receive it, place the new proof of insurance paperwork in your glove compartment.

A good tip to remember is to make sure you’re comparing the same liability limits and deductibles on each quote request and and to get rate quotes from every company you can. Doing this enables the most accurate price comparison and the best price selection.

Dallas insurance discounts

Some providers do not advertise every possible discount very well, so we researched both the well known and also the lesser-known credits available to you.

• Dallas Homeowners Discount – Just being a homeowner can save you money since owning and maintaining a home is proof that your finances are in order.
• Distant Student Discount – Any of your kids who are attending college and don’t have a car can receive lower rates.
• Sign Online – Some of the larger companies will discount your bill up to fifty bucks for signing up online.
• Accident Waiver – This isn’t a discount exactly, but some insurance companies will let one accident slide before hitting you with a surcharge so long as you haven’t had any claims before the accident.
• Federal Government Employee – Active or former government employment could qualify for a slight premium decrease but check with your company.
• Senior Citizen Rates – If you’re over the age of 55, you are able to get a discount up to 10%.
• Safety Restraint Discount – Drivers who require all occupants to use their safety belts could cut 10% or more off the medical payments premium.
• Passive Restraints – Factory air bags or motorized seat belts may get savings of 20 to 30 percent.
• Responsible Driver Discount – Safe drivers can pay as much as 50% less than their less cautious counterparts.

One thing to note about discounts is that most discount credits are not given to all coverage premiums. Most only reduce the cost of specific coverages such as liability, collision or medical payments. Despite the fact that it seems like you can get free auto insurance, that’s just not realistic.

The diagram below compares GMC Sierra 2500HD auto insurance rates with and without discounts applied to the premium. The premium estimates are based on a male driver, no violations or accidents, Texas state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, homeowner, claim-free, multi-car, and safe-driver discounts applied.

Insurance companies that may have these benefits are:

• Progressive
• GEICO
• State Farm
• Esurance
• The Hartford

If you are trying to find inexpensive Dallas car insurance quotes, ask each company or agent which discounts you may be entitled to. Savings may not apply to policies everywhere. For a list of insurance companies with the best discounts in Dallas, click here to view.

Just remember that quoting more increases your odds of finding a lower rate than you’re paying now. Some companies don’t provide Dallas Sierra 2500HD insurance quotes online, so it’s important to compare price quotes from them, too.

The car insurance companies shown below provide price quotes in Dallas, TX. If multiple companies are shown, it’s highly recommended you get prices from several of them to get a more complete price comparison.

GMC Sierra 2500HD detailed coverage information

The rate table displayed next highlights detailed analysis of insurance premium costs for GMC Sierra 2500HD models. Being aware of how car insurance prices are determined can benefit drivers when making decisions when choosing a new policy provider.

Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, multi-policy, and homeowner. Table data does not factor in the specific area where the vehicle is garaged which can impact coverage rates considerably.

Higher deductibles lower rates

When buying car insurance, a common question is how high or low should comp and collision deductibles be. The rates below sum up the costs and benefits when you choose different comp and collision deductibles. The first set of rates uses a $100 physical damage deductible and the second price grid uses a $1,000 deductible.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, multi-policy, and safe-driver. Prices do not factor in specific location information which can alter coverage prices substantially.

Based on this data, we can arrive at the conclusion that using a $100 deductible would cost the average driver about $46 more each month or $552 a year across all GMC Sierra 2500HD models than choosing the higher $1,000 deductible. Because you would pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you usually have at a minimum 20 months between claims, you would save more money by going with a higher deductible. The table below shows an example of how you can do this calculation yourself.

Cost of full coverage

The information below visualizes the comparison of GMC Sierra 2500HD insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Texas. The information is based on no violations or claims, $100 deductibles, drivers are not married, and no discounts are factored in.

When to buy liability coverage only

There is no exact formula for phasing out full coverage, but there is a general school of thought. If the yearly cost for physical damage coverage is about 10% or more of the settlement you would receive from your company, then you might consider buying liability only.

For example, let’s say your GMC Sierra 2500HD book value is $9,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most your company would pay you is $8,000 after paying your deductible. If it’s costing you more than $800 a year to have full coverage, then you might consider buying liability only.

There are some conditions where removing full coverage is not a good plan. If you haven’t satisfied your loan, you have to keep full coverage to satisfy the loan requirements. Also, if you don’t have enough money to buy a different vehicle if your current one is in an accident, you should maintain full coverage.

Can’t I compare rates from local Dallas insurance agents?

Some people still like to sit down and talk to an agent and that is just fine! The biggest benefit of comparing rates online is the fact that drivers can get cheap rate quotes and still choose a local agent.

To make it easy to find an agent, after completing this short form, the quote information is transmitted to local insurance agents in Dallas that give free quotes for your insurance coverage. You won’t even need to search for an agent since price quotes are sent directly to you. You can find better rates AND a local agent. If you need to get a rate quote from a specific company, just find their quoting web page to submit a rate quote request.

Choosing the best insurer requires more thought than just the bottom line cost. Here are some questions you might want to ask.

• Will they make sure you get an adequate claim settlement?
• If you are a high risk driver, do they have special markets for your coverage?
• Does the company use OEM repair parts?
• Do they carry Errors and Omissions coverage?
• Is there a 24/7 contact number?
• Does the agent help file claims?
• What companies can they write with?
• Is the agent properly licensed in Texas?

Two types of Dallas auto insurance agents

If you are wanting to find a local Dallas insurance agent, it can be helpful to understand the types of agencies and how they differ in how they quote coverages. Agents in Dallas can either be independent agents or exclusive agents depending on their employer.

Exclusive Agencies

Exclusive agents have only one company to place business with like American Family, State Farm, and AAA. Exclusive agencies are unable to shop your coverage around so it’s a take it or leave it situation. Exclusive agents are usually well trained on their company’s products and that enables them to sell even at higher rates. Consumers often use the same agent mostly because of the brand name and solid financial strength.

Listed below is a short list of exclusive agents in Dallas who may provide you with rate quotes.

• Michele Davis – State Farm Insurance Agent
  9661 Audelia Rd #111 – Dallas, TX 75238 – (214) 328-8282 – View Map
• Brent Holtz – State Farm Insurance Agent
  3427 E Trinity Mills Rd #601 – Dallas, TX 75287 – (972) 306-1234 – View Map
• Roxy Brown – State Farm Insurance Agent
  12640 E Northwest Hwy, Ste 408 – Dallas, TX 75228 – (972) 681-6128 – View Map

View more Dallas agents

Independent Agents

These agents do not work for one specific company so they have the ability to put coverage through many different car insurance companies and find you cheaper rates. If you are not satisfied with one company, your agent can just switch to a different company and the insured can keep the same agent. When comparing rates, you absolutely need to get some free quotes from at a minimum one independent agency for the best price selection. Most also write with less well-known companies that may have much lower rates than larger companies.

Listed below is a short list of independent agents in Dallas that can give you comparison quotes.

• E F Insurance Agency
  9304 Forest Ln #217 – Dallas, TX 75243 – (972) 931-9285 – View Map
• Nationwide Insurance: The Rod Hanks Agency Inc
  6300 Samuell Blvd #05 – Dallas, TX 75228 – (214) 275-8372 – View Map
• Ross “Pistol” Love – Love Insurance Agency
  5400 E Mockingbird Ln #224 – Dallas, TX 75206 – (214) 843-0772 – View Map

View more Dallas agents

Auto insurance coverages 101

Learning about specific coverages of auto insurance aids in choosing appropriate coverage at the best deductibles and correct limits. Auto insurance terms can be impossible to understand and coverage can change by endorsement.

Collision coverage

Collision insurance covers damage to your Sierra 2500HD from colliding with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like colliding with another moving vehicle, backing into a parked car, sideswiping another vehicle and sustaining damage from a pot hole. This coverage can be expensive, so you might think about dropping it from vehicles that are older. Drivers also have the option to raise the deductible on your Sierra 2500HD to save money on collision insurance.

Comprehensive insurance

Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as a tree branch falling on your vehicle, hitting a deer, a broken windshield, damage from a tornado or hurricane and vandalism. The highest amount your auto insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Because many people have only the minimum liability required by law (30/60/25), their limits can quickly be used up. So UM/UIM coverage is very important.

Liability car insurance

Liability insurance protects you from damage or injury you incur to a person or their property in an accident. It protects YOU from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 30/60/25 which means $30,000 bodily injury coverage, $60,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability can pay for things like repair costs for stationary objects, structural damage, funeral expenses and attorney fees. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible. Texas state minimum liability requirements are 30/60/25 but it’s recommended drivers buy higher limits.

The chart below demonstrates why low liability limits may not be high enough to cover claims.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage pay for expenses for prosthetic devices, nursing services, dental work, chiropractic care and X-ray expenses. They are often used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not an option in every state and may carry a deductible

Keep this in mind when shopping around

In this article, we presented some good ideas how to save on GMC Sierra 2500HD insurance in Dallas. It’s most important to understand that the more price quotes you have, the better your comparison will be. You may even find the most savings is with the smaller companies.

Insureds leave their current company for many reasons like high rates after DUI convictions, high prices, extreme rates for teen drivers and policy non-renewal. Regardless of your reason for switching companies, switching companies is easier than you think.

Cheap GMC Sierra 2500HD insurance in Dallas is attainable on the web and with local Dallas insurance agents, and you should compare rates from both to have the best chance of lowering rates. There are still a few companies who may not offer online price quotes and usually these smaller companies only sell coverage through independent insurance agencies.

More detailed insurance information is located at these sites:

• Tools for Teen Driving Safety (State Farm)
• Who Has the Cheapest Auto Insurance for Government Employees in Dallas? (FAQ)
• Who Has Affordable Dallas Car Insurance Rates for Drivers with a DUI? (FAQ)
• State Laws for Cellphones and Texting (iihs.org)
• What is Gap Insurance? (Insurance Information Institute)
• Shopping for a Safe Car (Insurance Information Institute)