How Much is Insurance for a GMC Sierra in Kentucky?

Your odds of finding cheaper coverage for a GMC Sierra in Kentucky relies on a very complex rating algorithm that uses multiple factors such as whether you are male or female, your residence address, and whether or not you are a good driver. Kentucky drivers on average will pay $1,460 per year to insure a Sierra, but that rate is a valuation that uses rate data for a 40-year-old single female that has full coverage and $100 policy deductibles.

More likely than not, you are not exactly 40 years old and possibly not even female, married instead of single, or maybe you’re a renter instead of a homeowner. Have just a small change in the rating criteria used to formulate rates can result in a big discrepancy in the cost of insuring your Sierra.

Not every driver requires the same auto insurance coverages, so the best method for finding cheap car insurance rates for your GMC is to comparison shop your policy at each renewal. In just a couple of minutes you will receive prices from some of the most affordable companies that insure GMC vehicles in Kentucky.

Compare Rates and Save

The specific trim level tends to have a direct impact on price, so the price to insure a Sierra SLE Regular Cab 2WD will cost $274 less than the insurance cost for the more well-appointed Sierra Denali Crew Cab 4WD trim level, as shown in the prices below.

Data variables include single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Kentucky minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, claim-free, and homeowner. Table data does not factor in vehicle garaging location which can raise or lower premiums noticeably.

What is the best car insurance company in Kentucky?

Picking a good quality auto insurance company can be difficult considering how many companies there are to choose from in Kentucky. The rank data in the next section can help you choose which providers to look at when shopping insurance around for a GMC Sierra. These ratings are only comprised of companies that write coverage in many states, so companies that focus mainly on Kentucky business are not included in these rankings.

Top 10 Major Car Insurance Companies in Kentucky Ranked by Customer Service

1. USAA
2. Travelers
3. AAA Insurance
4. Nationwide
5. Safeco Insurance
6. Progressive
7. State Farm
8. The Hartford
9. The General
10. Esurance

Top 10 Major Car Insurance Companies in Kentucky Ranked by Customer Satisfaction

1. USAA – 91%
2. Esurance – 90%
3. AAA Insurance – 90%
4. Nationwide – 89%
5. Progressive – 88%
6. Safeco Insurance – 88%
7. State Farm – 88%
8. Allstate – 88%
9. Travelers – 88%
10. The Hartford – 87%

Top Companies for GMC Sierra Insurance in Kentucky

The diagram below illustrates how your choice of deductibles can change annual premium costs when searching for cheap insurance for a GMC Sierra. The premiums are based on a married female driver, comp and collision included, and no discounts are applied.

In the chart above, a 40-year-old driver could pocket $352 a year by changing their physical damage coverage from a $100 deductible to a $500 deductible, or save $534 by switching to a $1,000 deductible. Even younger drivers, like the 20-year-old, could possibly save as much as $880 each year by using higher deductibles when buying full coverage. When raising deductibles, it is essential to have enough funds in savings to pay the extra out-of-pocket expense, which is the one disadvantage of using larger deductibles.

Rate comparison of full coverage and liability-only

Finding cheap insurance for a GMC Sierra in Kentucky is important to the majority of drivers, and one way to lower the cost of insurance is to not buy full coverage. The diagram below compares car insurance rates with full coverage compared to only the Kentucky minimum liability coverage. The premium estimates are based on no claims or driving citations, $1,000 deductibles, drivers are not married, and no other discounts are factored in.

If all age groups are averaged, comprehensive and collision coverage on your policy costs $1,735 per year more than carrying just liability coverage. At some point, almost every driver questions if physical damage coverage is worth the money. There is no definitive guideline for excluding physical damage insurance, but there is a guideline you can use. If the yearly cost of comp and collision coverage is more than 10% of any settlement you would receive from your insurance company, then you may want to consider only buying liability coverage.

There are a few cases where removing full coverage is not recommended. If you still owe money on your vehicle, you must maintain physical damage coverage as part of the loan requirements. Also, if your emergency fund is not enough to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage in place.

How to find economical auto insurance for a GMC Sierra

The list below details some of the recommended penny-pinching ideas that can help drivers quote the cheapest coverage.

• Do not get into accidents that are your fault
• Get cheaper liability coverage by choosing a safer vehicle
• Tickets and violations raise rates
• Don’t waste money on full coverage for older vehicles
• Higher credit scores may earn you cheaper rates
• Increase the comprehensive and collision deductibles on your policy
• Keep rates low by shopping around frequently

That last idea is extraordinarily significant, as we discussed in the prior information. Prices charged by companies vary greatly, so don’t be hesitant to buy a different policy if a cheaper price is available. Many consumers stick with the same company and that’s fine, but it’s not recommended if that faithfulness ends up costing you lots of hard earned cash every month. If you have a few minutes, now is a great time to compare rates and find cheaper car insurance for a GMC Sierra.

Allstate, Geico, State Farm, or Progressive: Who is best?

When researching insurance for a Sierra pickup in Kentucky, some of the first companies to look at are Allstate, Geico, State Farm, and Progressive. Combined they have almost half of the car insurance market in the United States. All offer your standard physical damage and liability coverages, but each one has slightly different coverages and options that you can select from. The following table compares and contrasts ratings for price and service, as well as some optional coverages that are available.

Cheap GMC Sierra insurance quotes

There are many ways to compare cheaper car insurance rates in Kentucky, but the most preferred are through an independent or non-exclusive agent, an exclusive insurance agency like Liberty Mutual or Allstate, or direct either online or via phone. They all have the same end result, but it’s important to point out the distinctions in how they provide price quotes.

Independent agents are appointed by several companies and can quote your policy with each one. These agents are not limited to a single company and can compare multiple rates, which can give you improved chances of finding a lower rate. If they find a cheaper price, your agent can switch companies and you do not have to find a new agent.

An exlusive, or captive, agency is restricted to one company, two examples are a Farmers or Allstate agent. Exclusive agents cannot provide rates from more than one company, which does not give you the best rate comparison.

Choosing to buy car insurance direct means you forego an exlusive or independent agent and buy from a direct company like Geico or Esurance. Shopping direct may be preferred by people who do not have a lot of assets and have some degree of understanding of what car insurance covers and what it doesn’t.

Which way works best to find cheap insurance for a GMC Sierra in Kentucky? We’d like to say shopping direct results in the cheapest price because there is no agent taking a commission, but that does not always hold true. We could also say that buying car insurance from an independent agent guarantees the best prices due to having more companies to select from, but that idea is not necessarily true either. In the right set of circumstances, the exclusive agents may have prices that cannot be beaten by either independent or direct companies.

Since car insurance prices vary so much, the only real way to buy the cheapest coverage is to get quotes and compare the rates. It’s a good idea to get quotes from all three to have the best rate selection. For a list of companies with some of the cheapest Kentucky car insurance rates, click here to view.