Cheapest Insurance for a GMC Sierra in Colorado

Your odds of finding the best cheap insurance for a GMC Sierra in Colorado depends upon a complex equation that considers factors like when you were born, if you have a coverage lapse, and your policy deductibles. Drivers on average pay around $1,250 every 12 months to insure a GMC Sierra, but that policy rate is an approximation using a 50-year-old single female driver that has comprehensive and collision coverage and $250 physical damage deductibles.

The problem with using this number is the good chance you’re not a 50-year-old female, possibly married instead of single, or maybe your Sierra doesn’t need comprehensive and collision coverage. What seems to be a small difference in rating criteria or coverage limits can make a huge difference in the rate quoted for a GMC Sierra.

Different coverage needs are the reason why the most reliable method for finding cheap insurance rates for your GMC is to start the habit of comparing rates at least once a year. Get your free quotes now and you can get prices from the cheapest companies that sell coverage in Colorado.

Insure Your GMC for Less

The specific model of Sierra will influence the cost of coverage, so the price you pay to insure a Sierra SLE Regular Cab 2WD trim level will be $220 cheaper than the price to insure the higher-end Sierra Denali Crew Cab 4WD trim level, as shown by the rates below.

Table data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, claim-free, and homeowner. Rate information does not factor in garaging location in Colorado which can change premiums substantially.

Finding dependable, affordable insurance is not easy, and finding out which company offers the most affordable car insurance rates for a GMC Sierra will take a bit more work. Each insurance company has their own formula for establishing rates, so we need to take a look at the most affordable car insurance companies in Colorado.

We do need to point out that Colorado car insurance rates are calculated based on many things that can increase the cost of your policy. Simply improving your credit score, increasing liability limits, or getting a couple of tickets can produce rate changes that can cause some rates to be higher when they were quite affordable.

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The Hartford may offer some of the lowest car insurance rates in Colorado at around $850 per year. Grange, USAA, Nationwide, and Travelers also are some of the cheaper Colorado car insurance companies.

As depicted above, if you are insured with Nationwide and switched to The Hartford, you might achieve yearly savings of roughly $259. Insureds with Travelers may save as much as $333 a year, and GEICO policyholders might see rate reductions of $337 a year.

It’s important to note that these estimates are averages across all insureds and vehicles and and are not figured with a specific rating modification for a GMC Sierra. So the car insurance company that fits your situation best may not even be included in the company chart above. That emphasizes why you need to quote rates from many companies using your own personalized driver profile and vehicle information.

Bad driving habits will cost you more

In a perfect world, the ideal way to earn cheap car insurance premiums for a Sierra pickup is to drive safe and avoid tickets and accidents. The information below illustrates how traffic citations and at-fault fender-benders can impact annual premium costs for each different age group. The premium estimates are based on a single female driver, comp and collision included, $100 deductibles, and no policy discounts are applied.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘One Speeding Ticket and No Accidents’, ‘One Speeding Ticket and One Accident’],[‘Age 20’, 3941,4297,5323],[‘Age 30’, 2755,3113,4133],[‘Age 40’, 2547,2899,3927],[‘Age 50’, 2227,2581,3603],[‘Age 60’, 2151,2507,3531],[‘Age 70’, 2495,2847,3873]]);var options = {title: ‘Impact of Tickets and Claims on Colorado GMC Sierra Insurance’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Insurance Cost for a GMC Sierra in Colorado’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

The chart shows that the average cost of car insurance in Colorado per year with no accidents or violations is $2,686. Factor in one speeding ticket and the average cost hikes up to $3,041, an increase of $355 each year. Then include one accident along with the one speeding ticket and the 12-month cost of car insurance for a GMC Sierra goes up to an average of $4,065. That’s an increase of $1,379, or $115 per month, just for not being more responsible behind the wheel!

Can you find cheaper Sierra insurance?

Colorado car insurance rates are calculated based on many things which can substantially change your annual premium. Simply having another birthday, buying higher coverage limits, or having a fender bender may generate price changes that can make some companies much cheaper than others. Not only may your risk profile change, but insurers change premium rates multiple times each year in order to maintain liquidity for claims. An extended period of higher than normal claims may cause increased rates, while a lower level of claims may cause more affordable Sierra insurance rates.

For example, the data below shows the company with the cheapest car insurance in Colorado for a 40-year-old female driver with no prior accidents, a clean driving record, and a good credit history. If we estimate prices based on her personal profile, The Hartford might offer the most affordable car insurance rates in Colorado at $834 per year. This is $744 less than the average price paid by Colorado drivers of $1,578. Grange, USAA, Nationwide, and GEICO are the rest of the best Colorado auto insurance companies.

google.charts.setOnLoadCallback(drawCOWitcqcibChart);function drawCOWitcqcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }],[‘The Hartford’, 834, ‘#5E9216’],[‘Grange’, 987, ‘#4E7912’],[‘USAA’, 1029, ‘#41640F’],[‘Nationwide’, 1121, ‘#36530C’],[‘GEICO’, 1141, ‘#2D450A’]]);var options = {title: ‘Best Auto Insurance Rates for a GMC Sierra’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 300,’chartArea’: {left:0,top:50,’width’: ‘100%’, ‘height’: ‘70%’},bar: {groupWidth: “90%”},legend: {position: ‘none’},vAxis: {viewWindowMode:’explicit’,viewWindow:{max:1241,min:0}}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});var view = new google.visualization.DataView(data);view.setColumns([0, 1,{ calc: “stringify”,sourceColumn: 1,type: “string”,role: “annotation” },2]);formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.ColumnChart(document.getElementById(‘qcibwitc’));chart.draw(view, options);}

Now we will pretend the driver from above a chargeable accident, a lower credit rating, and a traffic citation. Due to the fact that each insurance company has a unique formula for determining prices, comparing insurance quotes may now present a different list of affordable companies as shown below.

google.charts.setOnLoadCallback(drawCOWcqcibChart);function drawCOWcqcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }],[‘Travelers’, 1288.1, ‘#FF7100’],[‘State Farm’, 1329.9, ‘#D45E00’],[‘American Family’, 1402.5, ‘#B04E00’],[‘Progressive’, 1469.6, ‘#924100’],[‘Amica’, 1519.1, ‘#793600’]]);var options = {title: ‘Cheapest Rates After Accident/Violation’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 300,’chartArea’:{left:0,top:50,’width’: ‘100%’, ‘height’: ‘70%’},bar: {groupWidth: “90%”},legend: {position: ‘none’},vAxis: {viewWindowMode:’explicit’,viewWindow:{max:1619.1,min:0}}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});var view = new google.visualization.DataView(data);view.setColumns([0, 1,{ calc: “stringify”,sourceColumn: 1,type: “string”,role: “annotation” },2]);formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.ColumnChart(document.getElementById(‘qcibwc’));chart.draw(view, options);}

Travelers now has the lowest car insurance rate in Colorado with State Farm, American Family, Progressive, and Amica now being in the top five. This example proves why consumers need to shop around when trying to find the most budget-friendly auto insurance quotes for a GMC Sierra. Prices are impacted by many factors and can increase or decrease at any time, so the most affordable company the last time you shopped your coverage around may now not even be in the top five.

How to find the cheapest insurance for a GMC Sierra in Colorado

Here are many thrifty solutions that can help drivers buy lower-cost coverage.

• Remove physical damage coverage on older vehicles
• Try to not file small claims
• Higher comprehensive and collision coverage deductibles will save money
• Save money by bundling your home and auto policies
• Buy vehicles with good safety ratings
• Improve your credit rating
• Compare rate quotes frequently

The last idea is highly significant, as was noted in this write-up. Car insurance rates fluctuate considerably, so don’t be hesitant to switch to a new company if a more affordable price is available.

Having a favorite company is fine, but it’s not a great idea if that faithfulness ends up costing you a small fortune year after year. Take a few minutes and compare prices and find cheaper car insurance for a GMC Sierra.